Tag Archives: Industry News

California close to rent control despite Realtor opposition

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California is on the verge of passing rent control, underlining a growing movement across the U.S. to provide more protection to tenants amid rising housing costs.  Continue reading →

California gig economy bill passes senate with real estate exemption

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California is set to remake the so-called “gig-economy,” passing legislation Tuesday evening that would codify the “ABC” test, set forth to determine whether a worker is an employee or can be classified as an independent contractor. But fears that the … Continue reading →

Fidelity National drops massive acquisition bid amid opposition

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Fidelity’s attempt to buy Stewart Information Services fell apart after the Federal Trade Commission said it would oppose the deal. Continue reading →

Nextdoor’s latest funding round gets big boost from Bond

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The growing social network announced in May it had raised $123 million, but that round ended up closing on Monday with $170 million. Continue reading →

Ben Kinney partners with early mentor for new real estate coaching service

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Ben Kinney is drawing on the help of his old mentor Debbie De Grote to launch a coaching and consulting service for real estate agents. Continue reading →

Zillow names new president of mortgage segment

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Zillow executives acknowledged previously that the rollout of proprietary mortgage software was taking longer than expected. Continue reading →

Bright MLS appoints new president and CEO

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Brian Donnellan had been serving as interim CEO of Bright MLS since February, when the organization’s founder Tom Phillips departed. Continue reading →

Realogy calls Compass allegations ‘sensational’ and ‘not true’

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In an internal email, Realogy CEO Ryan Schneider insisted his company never explored a sale and called Compass’ claims an attempt “to inspire sensational news coverage.” Continue reading →

Compass accuses Realogy of exploring sale, files motion to dismiss lawsuit

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On Friday, Compass asked a judge to dismiss a Realogy lawsuit that alleges it practiced “illegal schemes” and accused the industry giant’s CEO of exploring a possible sale of his company. Continue reading →