‘Not done’: Antitrust litigation in real estate is just warming up

In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk. Continue reading

Citron founder Andrew Left charged with stock manipulation

A longtime thorn in Zillow’s side, Left and his firm Citron Capital LLC face charges from the DOJ and SEC that they profited by taking positions in companies that were the opposite of what they told investors to do. Continue reading

EasyKnock juggling lawsuits, regulators in multiple states

Sale-leaseback platform tells NPR civil lawsuits in Texas and other states are “meritless” and that it’s cooperating with attorneys general in Massachusetts and Michigan. Continue reading

Pacaso is now offering shares in homes for as little as $130K

The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers. Continue reading

Pacaso, Serena & Lily offer luxury listing along Florida’s ’30A’

Second home solution Pacaso has shares available in a new luxury six-bedroom home along Florida’s sought-after 30A corridor. Continue reading

Zillow’s Spencer Rascoff launches AI personal assistant heyLibby

The latest product of Spencer Rascoff’s 75 & Sunny Labs, heyLibby takes care of engaging and tracking leads for business owners. The free platform takes less than five minutes to set up, the company said. Continue reading

Property investing is so hard, even Spencer Rascoff steers clear of it

The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview. Continue reading

Offerpad executes 1-for-15 reverse stock split to head off delisting

The pioneering iBuyer hopes to bring its share price back above the New York Stock Exchange’s $1 minimum threshold. Continue reading

Spencer Rascoff: Zillow won by focusing on consumers

The portal’s co-founder and former CEO also said that Zillow’s impact includes creating tens of thousands of new “super agents.” Continue reading

Newport Beach officially calls Pacaso a dirty word: ‘Timeshare’

The California coastal town of 85,000 voted unanimously to relegate co-owned homes — like those sold by Pacaso and Ember — to areas that typically don’t have luxury homes in them. Continue reading