Tag Archives: Industry News

Inman’s Top 5 stories of the week (June 10-16, 2022)

By Dani Vanderboegh | June 18, 2022 - 8:42 am |June 18, 2022 Uncategorized

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Looking for a quick catch-up on the buzziest stories of the past seven days? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers. Continue reading →

Rental market not immune to cuts as Zumper lays off 15% of staff

By Taylor Anderson | June 17, 2022 - 4:05 pm |June 17, 2022 Uncategorized

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A cooling real estate market has already led to cuts at companies far and wide. The San Francisco-based rental search portal is the latest. Continue reading →

EXp hires new execs including former Remine CEO, cofounder

By Jim Dalrymple II | June 16, 2022 - 10:58 pm |June 16, 2022 Uncategorized

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The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services. Continue reading →

HomeLight raises $115M and acquires cash offer rival Accept.inc

By Matt Carter | June 16, 2022 - 1:58 pm |June 16, 2022 Uncategorized

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Scottsdale, Arizona-based HomeLight announced that its all-stock deal raises the company’s valuation to $1.7 billion and makes it the largest “agent-focused” cash offer program in the U.S. Continue reading →

Compass announces new sales managers for San Francisco office

By Ben Verde | June 14, 2022 - 7:31 pm |June 14, 2022 Uncategorized

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The company has hired Arthur Meirson, from Coldwell Banker, and will promote agent Christine Schoen to serve as sales managers at its flagship. Continue reading →

RealScout celebrates 10-year anniversary with industry love letter

By Marian McPherson | June 14, 2022 - 5:12 pm |June 14, 2022 Uncategorized

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RealScout co-founder Andrew Flachner celebrated his company’s 10-year anniversary with an epic photo shoot and a heartfelt letter that recounts RealScout’s past and plots its future. Continue reading →

Compass to cut workforce by 10% amid worsening economy

By Jim Dalrymple II | June 14, 2022 - 4:23 pm |June 14, 2022 Uncategorized

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The layoffs will involve full-time employees, not agents, and come as the housing and stock markets experience a major shift. Continue reading →

Opendoor expands into 3 new markets, hits 50-market milestone

By Jim Dalrymple II | June 14, 2022 - 10:00 am |June 14, 2022 Uncategorized

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The iBuyer will now purchase and sell homes in Boston, Cincinnati and Albuquerque. The expansion comes amid a period of rapid growth for Opendoor. Continue reading →

Warehouse giant, Amazon landlord Prologis buys Duke Realty for $26B

By Ben Verde | June 13, 2022 - 8:30 pm |June 13, 2022 Uncategorized

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The announcement came following Duke Realty’s rejection of a $24 billion buyout offer from Prologis in May, which the company rebuffed for being inadequate. Continue reading →

Jackie Louh promoted to COO of Lamacchia Realty

By Ben Verde | June 10, 2022 - 3:03 pm |June 10, 2022 Uncategorized

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Louh has held several positions since joining the brokerage, launching her career as a listing agent before shifting into management roles including vice president of business development. Continue reading →