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

HomeLight launches Elite Agent program for top producers

Elite Agent status will be awarded to the top 1 percent of the real estate professionals on HomeLight’s platform. Continue reading

Moderne Ventures announces January 2020 Passport class

Seven new companies have been accepted into the venture investment fund’s Passport Program, which provides brands with strategic guidance to optimize their products. Continue reading

Side CEO talks venture capital, iBuyer growth and the need for innovation

Guy Gal founded his company in 2017 and plans to take it national in the coming years. He also believes the real estate industry is primed for more innovation. Continue reading

This was the year — and decade — big money pumped into real estate

Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash. Continue reading

NRT and incoming Coldwell Banker CEO Ryan Gorman talks pocket listings, venture capital and 2020

Ryan Gorman thinks agents will continue to play a vital role in the industry and that 2019 was a kind of tipping point for venture-backed real estate tech. Continue reading

Digital advertiser Audience Town gets powered by seed money, new staff

Audience Town’s programmatic advertising services receive boost from MathCapital and two new executives for the development of user-interfaces and APIs. Continue reading

Salaried brokerage REX raises $40M in funding

REX, a real estate brokerage that pays agents salaries and charges only 2 percent for listing commissions, has raised $40 million in a C1 funding round, putting it over the $115 million mark in total. Continue reading

iBuying can be huge, even if it remains a niche industry tool

Mike DelPrete found that iBuyers’ business model differs from traditional home flippers. He also suggested iBuyers can profit from staying in their lanes. Continue reading

SoftBank posts $6.4B loss, CEO ‘regrets’ WeWork investment

The company also reported it lost $4.6 billion in its WeWork stock value after WeWork’s failed initial public offering earlier this year. Continue reading