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

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

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

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

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

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

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

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

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

Side hires Zillow veteran Stephen Capezza to serve as president

Capezza joins Side during a period that has proven challenging for the broader real estate industry and “is the exact right person to help guide Side through the next phase of our growth,” the company said. Continue reading

With $4M seed round, Rove launches property marketplace

The “remote work-friendly property brand” is in beta with a property sales portal, a marketplace, for selling short-term rental properties. Each listing’s financial filings are provided in full detail. Continue reading