Moderne Ventures clinches $200M in oversubscribed funding round
The company's second fund achieved 4 times the amount of the its first institutional fund and boasts contributions from a number of big names including Greystar
The Real Word: Are sellers spying on agents?
Opinion
This week, Byron Lazine and Nicole White discuss a growing number of sellers who use spy cams during showings, the slowing down of bidding wars, and Liz Vaynerchuk-Novello’s simple strategy that makes a big difference
by Byron Lazine Aug 6
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
by Jim Dalrymple II Aug 5
Groups seize on Biden's skepticism in lawsuit against new eviction ban
Real estate groups leveraged President Joe Biden's comments earlier this week about the new moratorium's chances of surviving in court
by Daniel Houston Aug 5
RE/MAX sees revenue and agent count inching upward in Q2
New earnings report reveals RE/MAX revenue grew 48 percent year over year by the end of June, while its total number of agents hit 140,201
by Jim Dalrymple II Aug 4
'It’s creating a nightmare': Agents, landlords bristle at new eviction ban
Real estate industry professionals argued that the latest eviction moratorium hurts small time landlords and leads to renters piling up debt
by Jim Dalrymple II Aug 4
EXp rakes in $1B in revenue, sees soaring agent count
The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87% year over year, according to a Q2 earnings report released Wednesday
by Jim Dalrymple II Aug 4
Ken Dunn, co-founder of Rainier Companies, dies in plane crash
The co-founder of a Dallas-based real estate investment firm with a $1.6B portfolio died last week in a plane crash, his company said
by Daniel Houston Aug 4
Dottie Herman steps down as Douglas Elliman CEO
Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years
Lone Wolf extends shopping spree with Terradatum acquisition
Lone Wolf's recent spat of acquisitions isn't about taking business out of agents' hands, but rather helping them avoid disruption, Lone Wolf's Chief Strategy Office Chris Egan said
by Craig C. Rowe Aug 4
@properties scores its biggest franchise yet
Plat Collective in Indianapolis will be the Chicago-based brokerage's fourth franchise. The firm has 114 agents and is on track to do $650 million in sales volume this year
by Jim Dalrymple II Aug 4
Prefab homebuilder Plant Prefab rakes in $30M in financing
The company also announced it has opened a second factory in Ontario, California, and is working on a third, which will be its first automated facility, capable of building homes 20 to 50% faster than traditional methods
In another strong quarter, Keller Williams sees transactions jump 35% over last year
The company's global agent count increased 9.6% year over year as rumors continue to swirl about whether the company will go public this year
by Jim Dalrymple II Aug 3
Apartment listings startup raises $22M as it prepares to double staff
Wisconsin-based company Rentable aims to hire new employees and keep up with rising demand after securing a new round of funding
by Daniel Houston Aug 3
RedfinNow becomes first major iBuyer to launch in Chicago
The expansion follows RedfinNow's recent moves into other northeastern markets, including Baltimore, Washington, DC, and Boston
Inman Top 5: The biggest stories of the week
Catch up quickly on the biggest stories of the week, as determined by Inman website visitors. Here's the Inman Top 5 for the week of July 24-30, 2021
by Inman Jul 30