On a quarterly earnings call Tuesday, Matterport told shareholders, analysts and media attendees that total revenue for the first quarter of 2023 was $38 million, a 33 percent increase from quarter one last year.
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While the mortgage industry has been shrinking, Blend says it has been building its market share, processing 23.2 percent of mortgages originated in H2 2022. Continue reading
The co-working behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning. Continue reading
The document automator’s analysis of borrower-supplied mortgage documentation provides “full-stack capabilities,” helping lenders capture data fields, detect fraud and analyze cash flows. Continue reading
Sixty thousand South Florida agents and brokers will be able to provide buyers and sellers with self-branded online homeowner portals, the Miami Association of Realtors announced Tuesday. Continue reading
WellcomeMat helps agents organize, publish and analyze video content performance. California Regional MLS welcomed the marketing add-on as a proptech partner. Continue reading
The Local Logic tool will provide members of the California Regional Multiple Listing Service with critical demographic and economic intelligence on real estate markets around the country. Continue reading
The chief executive of the largest iBuyer spoke to Inman about Opendoor’s first-quarter earnings on Thursday — and expectations that the company is turning a corner after a rough 2022. Continue reading
Twelve-year-old independent brokerage Tru Realty has joined Keller Williams, according to an announcement on Thursday. Tru Realty has generated $450.6 million in sales volume since 2021. Continue reading
The Realtors Legislative Meetings will run May 6-11 and some sessions will be live-streamed for National Association of Realtor members. Here’s everything to look for as the conference starts. Continue reading