On the heels of its combined $800M in funding for Opendoor and Compass, SoftBank sees opportunities to build successful, profitable, disruptive new businesses that leverage technology across the entire real estate supply chain.. Continue reading
Watch Byron Lazine and Nicole White talk about BRIX Real Estate’s Simple Offer program that allows sellers to check out Opendoor’s investor bids right from the brokerage’s website. Continue reading
Keller Williams has been quietly testing an iBuyer program for more than a year in an undisclosed market. Darryl Frost, a spokesperson for Keller Williams told Inman the company has closed nearly 100 transactions, but it’s not ready to go to market and… Continue reading
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
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 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 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 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
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 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