Compass lifts agent count in Q4 but falls short of positive cash flow

The fast-growing brokerage also suffered a net loss of $83.7 million in the quarter, which was an improvement compared to the loss one year earlier. Continue reading

Mark Willis takes aim at Anywhere in ‘State of the Company’ remarks

In his first Family Reunion address since returning as CEO of Keller Williams last year, Mark Willis called on agents to rise up and topple Anywhere, the world’s largest real estate franchisor. Continue reading

LoanDepot hackers had access to Social Security numbers, DOBs

The lender is offering 24 months of free identity protection services and credit monitoring from Experian to 16.9 million consumers affected by the January cyberattack. Continue reading

ShowingTime+’s Listing Showcase now nationwide

Zillow announced in a February 21 press release that the AI-driven marketing stack for listing agents, Listing Showcase, sold under the ShowingTime+ brand is now ready for primetime. Continue reading

RentSpree, St. Louis’s MARIS MLS forge new proptech partnership

As many as 15,000 members of St. Louis-based MARIS will have access to ApplyLink, RentSpree’s solution for slow lease transactions, dated lead capture, conversion tactics and rental workflows. Continue reading

EXp posts revenue uptick in Q4 — but not enough to turn a profit

The company best-known for its virtual brokerage brought in $983 million in revenue between October and December, even as a difficult market took a toll, according to Q4 earnings released Thursday. Continue reading

AI-enabled deepfakes will drain your client’s bank account

The rise of AI-enabled deepfakes presents a formidable challenge in combating financial fraud, cybersecurity expert Robert Siciliano writes, providing cybercriminals with unprecedented capabilities. Continue reading

Ransomware group claims it was behind loanDepot cyberattack

The FBI has developed a decryption tool to combat the ALPHV/Blackcat ransomware variant, and authorities are offering $15 million in rewards to stop the group. Continue reading

Keller Williams expands education empire with Coursera partnership

Texas-based franchisor Keller Williams has launched a new certification course with Coursera, the U.S.’s biggest open online course provider. The KW Real Estate Agent Professional Certificate course prepares users to build or improve their real estate … Continue reading