Tag Archives: Industry News

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 →

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 →