My gut tells me that Compass might file an IPO sooner than later — this year, even. In doing so, they’d seek to join the gaggle of private tech companies rushing to go public before the bubble (if that’s what this is) bursts. Continue reading
This will be the third fund for the venture capital firm, which previously has invested in technology related to everything from AI to property management and appraisals. Continue reading
Though the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL. Continue reading
News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of 4 cents per share, compared to the consensus estimate of 1 cent per sh… Continue reading
Lemonade, a tech-centric insurance startup that uses artificial intelligence, announced Thursday it had raised $300 million in a new round of funding. Continue reading
Wall Street and venture capitalists are pouring fortunes into everything from real estate tech companies to single-family rentals. Here’s what real estate pros should know from the top down. Continue reading
Revenue at eXp World Holdings, parent company of virtual brokerage eXp Realty, rose to 212 percent year-over-year during the final months of 2018, helping lift the company’s total take for the year to a record $500.1 million. In an earnings repor… Continue reading
Zillow dived into iBuying after seeing it as an “existential threat,” the company’s newly reinstalled CEO said this week, and he anticipates major changes to its current practice of charging agents for a subscription to get leads. Continue reading
Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading
Friday’s rally is particularly notable because other than installing Rich Barton as CEO, the company appears to be largely staying the course it laid out in prior earnings calls — including doubling down on the very programs that had previously spooked… Continue reading