Pacaso, The Agency partner on co-ownership sales

The two companies will also expand listing availability in number of luxury markets, such as La Jolla, Miami, Vail, London and Napa, among other domestic and international destinations. Continue reading

Offerpad losses mount as iBuyer acquires and sells fewer homes

At $17.3 milllion, Q4 2024 net loss is up 28 percent from the previous quarter, as homes acquired dipped 9 percent to 384, homes sold fell 18 percent to 503, and profits on each sale fell by 24 percent.. Continue reading

Former Anywhere owner Apollo buys Utah investment company

Apollo Global Management is buying Bridge Investment Group. Apollo is best-known in the residential real estate world for buying Anywhere, back when it was known as Realogy. Continue reading

Former Anywhere owner Apollo buys Utah investment company

Apollo Global Management is buying Bridge Investment Group. Apollo is best-known in the residential real estate world for buying Anywhere, back when it was known as Realogy. Continue reading

Kevin Van Eck now principal at startup advisory Maverix

Kevin Van Eck is stepping away from his leadership role at @properties Christie’s International Real Estate to become a principal at Maverix Advisory Group. Continue reading

NAR, Phoenix Realtors settle fight over MLS Choice

The Arizona association will withdraw MLS Choice, but will still offer some resources to people holding real estate licenses who are not members of NAR. Continue reading

Compass snaps up major Washington DC luxury brokerage

Washington Fine Properties operates in Washington, D.C., Maryland and Virginia and has about 150 agents. The company’s leadership team will remain in place after joining Compass. Continue reading

Engel & Völkers expands into Pikes Peak in northern Colorado

Engel & Völkers Pikes Peak, led by license partner Travis Turner, brings together a team of 33 real estate advisors and five managing brokers who specialize in luxury real estate. Continue reading

Reffkin knocks NAR, says rules ‘prop up’ inexperienced agents

The Compass CEO said that NAR’s rules have held back top agents and brokerages. But Robert Reffkin also believes that as those rules end, big brokerages like his will pull further ahead. Continue reading

Zillow CEO lauds remote work as portal reveals plan to slash space

Zillow CEO Jeremy Wacksman said the company expects its leasing costs to drop by about $16 million over the next four years and anticipates earning $26 million in sublease income during the same period. Continue reading