Better 1 step closer to long-delayed IPO with approval of SPAC merger

Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August. Continue reading

Compass went public 2 years ago. Can it recover from its stock slump?

Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors’ appetite for shares fall significantly. Continue reading

Why are proptech companies flailing on the stock market?

At Inman CEO Connect on Tuesday, First American Chief Innovation Officer Paul Hurst broke down what’s going on with the stock market and why SPAC mergers are so popular. Continue reading

WeWork finally goes public, stock jumps on 1st day of trading

At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering. Continue reading

Keller Williams Pres. Marc King on a hot market, iBuying and that IPO

Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he’s confident that real estate agents will survive today’s period of disruption. Continue reading

Vacation rental giant Vacasa to go public with $4.5B valuation

The rental management giant is merging with TPG Pace Solutions in a bid to go public via a special purpose acquisition company, or SPAC. Continue reading

Knock moves into 50th market, launches closing guarantee

Knock, a real estate technology company that facilitates a buy-now, sell-later financing model called Home Swap, is officially in Chicago, the company announced, in combination with news that it’s now offering a $5,000 on-time closing promise. Continue reading

Connecting with Keller Williams’ CEO: On inventory and an IPO

Ahead of next week’s Inman Connect, KW CEO Carl Liebert hinted at Keller Williams’ progress toward a stock market debut and talked about how the pandemic will change the industry. Continue reading

5 big challenges for REX Real Estate in 2021

The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow. Continue reading

See how much Robert Reffkin paid for his stake in Compass

According to a 2012 ‘Founder Restricted Stock Agreement,’ the Compass CEO bought 3.355M shares of common stock in the company in exchange for $0.0001 per share. Continue reading