Tag Archives: Industry News

The other real estate company named Rex just laid off 4% of its staff

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The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector. Continue reading →

United Real Estate expands reach with new Jacksonville acquisition

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The deal brings 400 new agents into the network and will see the Jacksonville, Florida, brokerage operate under the new name United Real Estate Gallery and retain all current leadership. Continue reading →

Collabra debuts market analytics and video tool, Market Spotlight

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The tool, which is part of Collabra’s RElumio digital marketing platform, is designed to incorporate market data into listing videos with minimal effort — an industry 1st, the company says. Continue reading →

Mortgage company Cornerstone Home Lending is now a bank

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The acquisition and merger with Roscoe State Bank pave the way for the lender to provide new products, services and resources through advanced technologies. Continue reading →

Mortgage is the new money pit for portals: Mike DelPrete

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Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading →

Amid Hurricane Ian disaster, real estate pros begin picking up pieces

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The storm slammed into southwestern Florida with winds as high as 150 miles per hour. President Biden said it may prove to be the deadliest hurricane in the state’s history. Continue reading →

Opendoor expands rapid preapproval app to 3 new states

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Once only available in California, the expansion will see the Opendoor Finance App available in Texas, Arizona and Georgia, promising consumers preapproval letters in 60 seconds or less. Continue reading →

LGBTQ+ Real Estate Alliance calls on RPAC to adopt ‘Article 10 Rule’

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In the wake of Florida Realtors’ support of anti-LGBTQ Gov. Ron DeSantis, the LGBTQ+ Real Estate Alliance has called on NAR and RPAC to evaluate political candidates’ credibility using the group’s Article 10 anti-discrimination provision. Continue reading →