Tag Archives: Industry News

Zillow Homes could become a $20B biz. What do agents think?

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Projections Thursday that Zillow’s still-young iBuyer program could generate up to $20 billion in annual revenues prompted mixed reactions from agents. Continue reading →

RE/MAX says new agent tech platform will be ‘best to market’

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Real estate franchise giant RE/MAX is getting ready to roll out its proprietary end-to-end real estate technology platform for agents later this year, competing directly with similar offerings from rival franchise Keller Williams and rival private brok… Continue reading →

The Real Word: Gary Vee clarifies, Amazon pulls out and KW’s new app

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll follow up on Gary Vaynerchuk, who sat down to talk out his comments with an agent after the initial controversial interview. Continue reading →

Zillow thinks its iBuyer will dwarf Premier Agent soon

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Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion. Continue reading →

RE/MAX reports $50.8M in revenue for fourth quarter, beating estimates

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RE/MAX reported $50.8 million revenue in the fourth quarter of 2018, a year-over-year 4.8 percent, according to the company’s Thursday earnings release, beating the consensus estimate of $50.27 million in quarterly revenue Continue reading →

Zillow co-founder Rich Barton returns as CEO, Spencer Rascoff out

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Zillow co-founder Rich Barton is taking back the reins as CEO, replacing Spencer Rascoff, the real estate tech giant announced amid its fourth quarter 2018 corporate earnings release. Continue reading →

JP & Associates latest brokerage to offer health care to agents

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Texas-based JP & Associates Realtors is the latest real estate company to offer its agents an associated health care plan, the company announced. Continue reading →

Open Listings in Dallas gets folded into the Opendoor brand

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Open Listings will cease using its own branding in Dallas this month and carry on under the banner of Opendoor, which became its parent company last fall. Continue reading →