Tag Archives: Industry News

Divvy Homes valued at $2B following $200 million Series D

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San Francisco-based Divvy Homes buys homes on behalf of clients, who contribute 1 to 2 percent of the homes value toward their down payment savings while they rent. Continue reading →

Federal eviction ban survives another day

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A judge ruled on Friday that the latest eviction moratorium is likely illegal, but that it’s ultimately up to a higher court to decide if it can continue. Continue reading →

The Real Word: What did Zillow’s Q2 earnings report reveal?

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In this edition of The Real Word, Byron Lazine and Nicole White discuss a Black real estate agent and his clients who were handcuffed while touring a home, Zillow seeing profits slip and real estate agents paying NCAA athletes.
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Half of homes sold over list price in July: Study

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But the latest numbers, provided by OJO Labs, do hint at possible improvements in the ongoing inventory shortage. Continue reading →

Industry vet Russ Cofano signs on as real estate marketing startup CEO

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Industry veteran Russ Cofano, who has previously served in top spots at both eXp World Holdings and Real, has joined real estate marketing firm Collabra Technology as its chief executive officer. Continue reading →

NorCal Better Homes and Gardens, Coldwell Banker franchises merge

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The new company, which is based in the heart of California Wine Country, will have more than 150 agents working out of 11 offices. Continue reading →

‘Our office completely burned down’: Agents flee as homes go up in flames

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The Dixie Fire has burned nearly half a million acres in Northern California, and won’t be under control for weeks. The blaze highlights the hotter, more fiery reality facing the western U.S. Continue reading →

Engel & Völkers majority stake acquired by global private equity firm Permira

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Financial details of the transaction were not disclosed, but the Völkers family, as well as CEO Sven Odia and CFO Thilo von Trotha, will maintain nearly 40 percent of the company’s shares. Continue reading →