Real Estate Industry Overview & Trends
Company looking to buy smaller real estate brokerages in new or smaller geographic markets
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family
The real estate conglomerate and auction house have joined forces to acquire luxury home marketplace Concierge Auctions for an undisclosed amount
Deal provides cloud banking solutions provider nCino with an entry point into the $4B US point-of-sale mortgage market
The franchise will be the brokerage's second in Colorado, and will be led by Kacey Bingham and Jared Blank, formerly of LIV Sotheby's International Realty
The city council just approved an effort that will look for strategies to stop iBuyers such as Opendoor and Redfin
The new tools will let agents conduct live video tours and send out automated emergency texts if or when they run into trouble
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow's announcement that it will end its iBuying business
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
Realtracs Showings comes amid an ongoing race to build alternatives to ShowingTime, which Zillow acquired earlier this year
Keller Williams latest program, KW Military, aims to help agents use their military experience to build robust businesses through a series of courses and training events
The multiple listing service is teaming up with the Albemarle Area Association of Realtors, which will extend its reach to dozens of new cities and towns in North Carolina
The cloud banking software developer raises revenue guidance as it signs new clients, launches new products and integrates Title365 acquisition
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
IBuying giant Opendoor posts another strong quarter as CEO Eric Wu expresses confidence in the company's strategy and path.
Revenue was up 80%, real estate transactions were up 42% and agent count grew by 50% at the end-to-end services platform
Pretium Partners has agreed to buy some of Zillow's homes as the listings portal exits the iBuyer business, The Wall Street Journal reports