5 big challenges for REX Real Estate in 2021

The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow. Continue reading

Transactly secures $3M amid rapid transaction coordination growth

Transactly, a proptech that offers remote transaction coordination services across the country, announced that it has raised nearly $3 million in bridge funding. Continue reading

The economic downturn won’t end investment in real estate tech

Two venture capitalists said Thursday that there’s still plenty of space for innovation and money to disrupt the real estate industry. Continue reading

Airbnb acquires $1B in debt, equity funding to fuel post-virus plans

The funds will be used to recruit hosts, introduce longer-term stays, and bolster the company’s Airbnb Experiences program. Continue reading

Transactly raises $3M to boost outsourced transaction coordination

With a total of $4.7 million raised in two years, the St. Louis-based company is aiming to win the market for outsourced transaction coordination. While its software can be used for free by agents and brokerages, the company charges for use of a design… Continue reading

How to get a loan and save your business during the pandemic

In a bill passed last week, lawmakers provided for some serious financial aid for small businesses such as real estate brokerages. Continue reading

Coronavirus could bring consolidation, layoffs to proptech

Venture capitalists have poured billions into real estate technology. But as the coronavirus hammers the economy, that funding may begin to dry up. Continue reading

Rental platform Zumper raises $60M in Series D round

A Series D fundraising round was led by e.ventures, it’s first investment in the rental platform, which acquired PadMapper in 2016. More than 80 million use Zumper, according to the company. Continue reading

Elm Street Technology secures funding round to boost acquisition, growth efforts

Elm Street Technology secured a round of funding from Aquiline Capital Partners, a New York- and London-based private equity firm, for the purpose of acquiring more companies and supporting the subsequent growth. Continue reading

WATCH: Compass likely to avoid WeWork’s fate: Venture capitalists

Compass and WeWork both took massive amounts of cash from SoftBank, but experts say the two companies are actually quite different. Continue reading