Tag Archives: Industry News

Compass, eXp notch more big recruiting wins

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Compass has recruited New York-based brokers Tom Postilio and Mickey Conlon. Meanwhile, eXp added Calgary-based Sahil Chhabra and his team to its ranks. Continue reading →

Opendoor’s partnership with eXp officially goes live

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The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents. Continue reading →

Offerpad narrows Q4 loss, expects to be back in black later this year

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The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year. Continue reading →

Institutional investors are scooping up Kiavi’s ‘fix and flip’ bridge loans

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Kiavi upsizes its 16th securitization to $350 million and says largest deal since November 2021 brings total issuance since 2019 to $4 billion. Continue reading →

Nevada homeseller files yet another commission lawsuit

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Angela Boykin is suing over a home sale from 2022. Her case is the second such recent lawsuit out of Nevada, and adds to the growing number of cases that have followed the Sitzer | Burnett verdict . Continue reading →

NAR hits back following ‘external commentary’ critical of the group

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NAR Interim CEO Nykia Wright sent a letter on Friday following a critical article in the Wall Street Journal, and in the wake of news the U.S. Department of Justice wants big changes in real estate. Continue reading →

Guild Mortgage set to acquire, rebrand Academy Mortgage

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Upwards of 1,000 Academy Mortgage employees will make the transition to Guild, including more than 600 originators, Guild said in announcing the sixth acquisition in three years. Continue reading →

Top Bay Area team boomerangs back to Compass from Side

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Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they’re bringing four additional team members back to Compass with them. Continue reading →