Tag Archives: Industry News

West + Main acquires Oregon-based Fred Real Estate Group

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The acquisition will grow Colorado-based West + Main Homes by more than 130 agents. The deal is set to be finalized by the end of 2021. Continue reading →

Compass hires new sales executive from Brown Harris Stevens

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Fritz Frigan most recently worked as an executive vice president at the New York City-based brokerage Brown Harris Stevens. Continue reading →

Zillow stocks plunge as competing iBuyers hang steady amid chaos

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Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading →

The Zestimate comes back to bite: Reactions to the end of Zillow Offers

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Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton’s statements on the difficulties of forecasting home prices and the company’s Z… Continue reading →

Opendoor plans to hire nearly 100 tech engineers in Canada

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The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Continue reading →

PeerStreet aims to make trading real estate debt as easy as stocks

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With Secondary Marketplace, investors will be able to sell fractional positions in loans and create more flexibility in adjusting portfolios as needed to achieve investment goals. Continue reading →

Zillow shooting for 7,000 home sales at $2.8B after iBuying pause: Report

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The news comes just weeks after the company announced a pause in its iBuying, and follows reports that it was underpricing homes in a number of cities. Continue reading →

Compass snaps up 3 Warburg agents on heels of Coldwell acquisition

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Three top-producing Warburg Realty agents said their reasons for leaving preceded the brokerage’s recent acquisition by Coldwell Banker. Continue reading →

Eager to buck timeshare label, Pacaso hails new RESO designation

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The new “co-ownership” category may get Pacaso one step closer to effectively fighting off critics who want to peg the company as selling “timeshares.” Continue reading →