Tag Archives: Industry News

Airbnb teams up with developer for hotel-condo hybrid

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Two upcoming buildings from Airbnb and NGD Homesharing in Austin and Miami will have hotel licenses, giving unit owners the freedom to rent them out as much as they want. Continue reading →

How the US broke Purplebricks: Former employees sound off

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Purplebricks announced on Wednesday, it was shuttering it’s U.S. operations. The flat-fee brokerage was only live in the U.S. for less than two years, but still, it’s departure doesn’t come as a surprise to many former employees. Continue reading →

Company that creates electricity from footsteps raises $3.2M

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Pavegen, a company that generates both electricity and data from footsteps, has raised more than $3 million in a successful crowdfunding campaign. Continue reading →

Rents are rising, but the US lacks sufficient middle income housing

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Recent years have been a boon for landlords and a recession doesn’t appear imminent, though the multifamily housing market does face some challenges. Continue reading →

Sotheby’s International Realty expands to Arkansas

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Sotheby’s International Realty is opening a new franchise in Rogers, Arkansas. It’s the 41st state for the global luxury franchisor, which has a presence in 70 countries and territories.  Continue reading →

Massachusetts begins taxing short-term rentals and nightly rates are predicted to rise

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The new fee kicked in on Monday and applies the state’s 5.7 percent occupancy tax, which was previously imposed on hotels, to short-term rentals that are facilitated by websites such as Airbnb, Vrbo, Vacasa and others. Continue reading →

Zillow joins others in filing brief supporting LGBTQ workers

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Zillow is one of more than 200 businesses to sign an amicus brief for three cases that will come before the Supreme Court. Continue reading →

Redfin CEO says measured growth is key to his brokerage’s success

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Glenn Kelman believes clear victors will emerge from the real estate tech arms race in the next couple years. Mergers and acquisitions are inevitable, he argues. That’s because real estate websites want to insert themselves into the transaction, while … Continue reading →

Should your vacation rental have smart locks?

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Imagine this: You’ve just arrived in some exotic new city for vacation. You’re ready to sight-see or relax, and all you want to do is drop your things off at your Airbnb. But when you try to get in to your rental, you can’t. Maybe the… Continue reading →