Tag Archives: Industry News

Moderne Ventures clinches $200M in oversubscribed funding round

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The company’s second fund achieved four times the amount of the its first institutional fund and boasts contributions from a number of big names. Continue reading →

The Real Word: Are sellers spying on agents?

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In this edition of The Real Word, Byron Lazine and Nicole White discuss a growing number of sellers who use spy cams during showings, the slowing down of bidding wars, and Liz Vaynerchuk-Novello’s simple strategy that makes a big difference.
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Zillow rakes in $1.3B revenue in second quarter, but sees profits slip

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The company’s net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters. Continue reading →

Groups seize on Biden’s skepticism in lawsuit against new eviction ban

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Real estate groups leveraged President Joe Biden’s comments earlier this week about the new moratorium’s chances of surviving in court. Continue reading →

RE/MAX sees revenue and agent count inching upward in Q2

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New earnings report reveals RE/MAX revenue grew 48 percent year over year by the end of June, while its total number of agents hit 140,201. Continue reading →

‘It’s creating a nightmare’: Agents, landlords bristle at new eviction ban

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Industry professionals argued that the latest eviction moratorium hurts small time landlords and leads to renters piling up debt. Continue reading →

EXp rakes in $1B in revenue, sees soaring agent count

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The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87 percent year over year, according to a Q2 earnings report released Wednesday. Continue reading →

Ken Dunn, co-founder of Rainier Companies, dies in plane crash

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The co-founder of a Dallas-based real estate investment firm with a $1.6 billion portfolio died last week in a plane crash, his company said. Continue reading →

Dottie Herman steps down as Douglas Elliman CEO

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Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years. Continue reading →