CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M
CoStar Group's revenue grew 12% YOY to $678M, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of sites increased 73% YOY to 148M monthly average unique visitors
by Marian McPherson Jul 23
EXp promotes Troy Palmquist to VP of growth and product marketing
Industry veteran and DOORA co-founder Troy Palmquist has been promoted from eXp's director of growth to the VP growth and product marketing. Palmquist joined eXp in 2023
by Marian McPherson Jul 19
Aven lands $142M in funding to take HELOC credit card nationwide
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with funding round led by Khosla Ventures
by Matt Carter Jul 17
MoxiWorks laying off employees 1 month after replacing CEO
Real estate marketing and technology company used by more than 400,000 agents nationwide hired AI startup executive Eric Elfman in June to replace founder York Baur as CEO
by Matt Carter Jul 11
NAR membership dips as Realtors report closing fewer deals in 2023
NAR's 2024 Membership profile shows the impacts of a difficult market on real estate professionals — many of whom are contending with issues related to affordability and inventory
by Jim Dalrymple II Jul 10
Final Offer buys North American operations of Openn Negotiation
The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a 'transparent and straightforward experience when buying and selling a home,' executives said
by Jim Dalrymple II Jul 10
3rd round of layoffs at Newrez brings 2024 job cuts to 750
After cutting nearly 500 jobs following Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida
by Matt Carter Jul 9
Feds want to expand their control over real estate sales to foreigners
A proposal would expand an existing rule and give the 'Committee on Foreign Investment in the United States' power to review real estate sales near 56 military installations in 30 states
by Jim Dalrymple II Jul 9
REcolorado buyer unveiled as questions and legal fights persist
The owners of the 16th largest MLS in the country plan to sell to a title company executive. Now, an agent and local leader has received a cease and desist letter over her criticisms of the deal
by Jim Dalrymple II Jul 8
RE/MAX picks up hundreds of agents in Ontario, Canada
An independent brokerage and a former Century 21 franchise just switched affiliations to RE/MAX. The moves come during a time of intense competition for talent
by Jim Dalrymple II Jul 3
REColorado owners oust board amid plans to sell MLS
Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks
by Jim Dalrymple II Jun 28
Keller Williams picks up 31-agent Texas indie
TJ Lewis Real Estate is based in Austin, Keller Williams' home turf, and has done $27.9M in volume this year so far
by Jim Dalrymple II Jun 28
Mother-son duo decamps from CB to Side-powered boutique
California-based Peg King and Jeremy King, who did $45M in volume last year, are joining LivXplore Real Estate & Lifestyle
by Jim Dalrymple II Jun 25
Coldwell Banker tops off wine country recruiting with new team
The Sonoma County-based Prosper Team brings 5 agents to Coldwell Banker — and joins the brand just days after another high-performing industry pro made a similar move
by Jim Dalrymple II Jun 25
Proposed sale of REcolorado to private equity firm raises alarms
The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal
by Jim Dalrymple II Jun 25
$25M real estate team RR Galaxy joins Keller Williams in Naperville
Naperville, Illinois-based team RR Galaxy has joined Keller Williams, it was announced Friday. The 4-person team has closed more than $74 million in sales over the past 2 years, executives said
by Marian McPherson Jun 21