Tag Archives: Industry News

Compass raises another $400M

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The funding round includes additional participation from Wellington, IVP and Fidelity. To date, Compass has raised $1.2 billion in venture capital funding. Continue reading →

Opendoor raises $400M in funding from SoftBank

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The company will use the money to accelerate integration of its in-house mortgage services, title services and buyer’s brokerage (via a recent acquisition of another startup, Open Listings) into its core offering to homesellers, and to continue its exp… Continue reading →

New residential home sales rise in August, reversing 2-month decline

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New residential home sales increased 3.5 percent in August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading →

Redfin unveils new estimate tool for off-market homes

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Redfin is giving homeowners a chance to estimate their property’s value before it hits the market — while potentially buttressing its own iBuyer platform. Continue reading →

Purplebricks launches in the Sunshine State with 2 locations

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Purplebricks is bringing its flat-fee model to the Sunshine State. The U.K.-founded real estate brokerage — which charges sellers a $3,600 fee per listing — officially launched Tuesday in Orlando and Tampa, as the company celebrates one year of operati… Continue reading →

Keller Williams agent killed by husband in murder suicide

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A Florida real estate agent with a local Keller Williams franchise was shot and killed by her husband, a Hillsborough County Sheriff’s deputy, who then shot himself in their Land O’ Lakes home on September 24. Continue reading →

The Agency CEO involved in lawsuit over African leader’s forfeited Malibu mansion

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The founder The Agency and Western World Insurance are embroiled in a lawsuit involving the son of an African president and a seaside mansion in Malibu. Continue reading →

RE/MAX Results names Brenda Tushaus as new CEO

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The largest RE/MAX franchise in the country has a new leader with a long history at the company: RE/MAX Results just promoted Brenda Tushaus to chief executive officer. Continue reading →

New lead generation scams on the rise, Zillow warns in an email

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Zillow is warning real estate agents to be on the lookout for a scammer trying to take money in exchange for leads, posing as the real estate tech giant. Continue reading →

Zillow dragged into the spotlight after lawyer tries to use it to prove Brett Kavanaugh’s innocence

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A theory posted on Twitter by a lawyer trying to prove the innocence of Supreme Court nominee Brett Kavanaugh has taken on a life of it’s own, with Zillow taking center stage. Continue reading →