Divvy Homes slashes 12% of staff as rates continue to climb

The company, valued at $2 billion as of August 2021, has reduced its employee count by 40 people, the latest in a run of real estate companies that have enacted layoffs. Continue reading

Chime rings in United Kingdom with Rentancy acquisition

Real estate marketing software company Chime acquired UK firm Rentancy to expand into the rental and property management market. Continue reading

Opendoor expands rapid preapproval app to 3 new states

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

Real acquires lending arm of LemonBrew Technologies

Agents working under the banner of The Real Brokerage can now extend mortgage services to their clients as a result of the company’s acquisition of LemonBrew Lending. Continue reading

A new normal, or a ‘new weird’? Home prices climb despite 6% rates

As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It’s a strange time, a Redfin economist says. Continue reading

Clean your house, photographers tell homesellers in new survey

Recently, HomeJab has thrust itself into the marketing datasphere, leveraging the activity of its national network of photography and real estate creatives as a source to better understand the industry. Continue reading

One new feature makes the iPhone 14 worth the upgrade

Perhaps the iPhone 14’s most critical feature for real estate agents is its satellite-based SOS feature, a technology most often found in stand-alone emergency communication tools used by people who spend a lot of time in remote places. Continue reading

The end of credit scores? The best ideas from Zillow’s Hackathon

The Seattle-based listing giant announced the three top innovations that emerged from its annual competition for students of historically Black colleges and universities. Continue reading