Tag Archives: News Brief

After a near 90% fall, analytics firm sees Opendoor shares rising to $6

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A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching. Continue reading →

Lessen gets bigger, acquires industry counterpart SMS Assist

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Lessen, a company that builds software to support the business operations of single-family rental investors and multifamily landlords has acquired SMS Assist, a facilities maintenance technology company. Continue reading →

Billionaire fashion mogul Tom Ford buys $51M mansion in Palm Beach

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The founder and CEO of Tom Ford International bought the property after agreeing to sell his fashion label to Estée Lauder back in November, according to new reports. Continue reading →

Christie’s strikes up new partnership with an old U.K. firm

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Carter Jonas, a firm founded in 1855 with 34 offices throughout the country, will now become Christie’s exclusive affiliate in the United Kingdom. Continue reading →

PlanetRE integrates Chat GPT to inspire agent content marketing

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The company intends to make it easier for agents to generate useful, engaging content. “Humans have worked hard for a long time. It is time machines do the heavy lifting from here on,” said CEO of planetRE Subrao Shenoy. Continue reading →

Pacaso launches low-down payment option for new second home buyers

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With Pacaso Now, the company is offering a 5 percent-down payment option for a one-eighth share, thereby providing second home buyers 3 options after 12 months, according to an announcement. Continue reading →

EXp founder Glenn Sanford speaks out on ‘lull’ in agent count growth

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EXp World Holdings founder Glenn Sanford said the tumultuous housing market was a factor in him stepping back into the role of CEO at eXp Realty, and the firm’s sluggish agent count growth. Continue reading →

Year of the off-market deal? DropOffer sees potential in 2023

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Proptech DropOffer, a company that developed an app to help agents assist buyers in off-market transactions, predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023. Continue reading →

Doorstead raises $21M Series B round, acquires Knox Financial

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The Series B round, which brings Doorstead to $37 million in total funding since its 2019 seed round, includes investments from Avanta Ventures and MetaProp, according to an announcement. Continue reading →

Cure creative anxiety: 5 alternatives to ChatGPT to beat writer’s block

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Agents who write their own listing descriptions no longer need to fear, because a fast-growing technology is here to cure your creative needs. Continue reading →