CoStar will pay RentPath $52M for scuttled deal
After the FTC spiked CoStar's attempted acquisition of RentPath, Redfin stepped in to buy the embattled operator of rental marketplaces
by Patrick Kearns Mar 4
30-year, fixed mortgage rates creep past 3% for first time since July
Rates have been rising since January, though one economist expects further increases to be 'more muted' in the coming months
by Jim Dalrymple II Mar 4
Realogy brings RealSure to Atlanta
The iBuyer platform is now live in a total of 12 US markets
One week after LA launch, Knock blankets Southern California
A rapid expansion from Los Angeles into San Diego, Santa Barbara and markets inland puts Knock well ahead of its '21 in 21' available markets goal
by Craig C. Rowe Mar 4
Rocket Companies stock soars, plummets amid Reddit-driven volatility
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3
Two high-powered teams join major NorCal indie Sereno
The Bay Area-based Watson-Marshall Group is jumping ship from Compass, while the Margaretich Team on the California-Nevada border is leaving RE/MAX
by Jim Dalrymple II Mar 3
Gary Keller admits to ‘losing war’ to software bugs
Keller said the company will begin a '66-day challenge of locking down stabilization' of its core technology platform, including its customer relationship management tool Command
by Patrick Kearns Mar 3
States Title, now dubbed Doma, to go public via blank check merger
The company will merge with Capitol Investment Corp. V. Such mergers have become an increasingly popular option for companies that want to begin selling shares
by Jim Dalrymple II Mar 2
Douglas Elliman parent company launches proptech fund
New Valley Ventures from Vector Group aims to invest in startups focused on supporting a 'rapid transformation of the real estate industry for the benefit of the agent'
Constellation Real Estate Group acquires CRM maker from Move
Top Producer offers a customer relationship manager, as well as a suite of other tools. The company had been a subsidiary of Move Inc. before Constellation picked it up this week
by Jim Dalrymple II Mar 2
Kenneth Jenny, respected real estate industry vet, dies at 66
A 35-plus-year vet of the real estate industry, Ken Jenny was a trusted adviser to many and unafraid to speak his mind about industry issues
Here's what Compass paid for its biggest acquisitions
Compass' S-1 filing includes details on acquisitions dating back to the headline-grabbing 2018 purchase of Pacific Union International
by Patrick Kearns Mar 2
EXp World Holdings' boom period continues
As the world worked from home in 2020, the parent company of the virtual cloud-based brokerage saw revenue grow 84%
by Patrick Kearns Mar 2
READ: Robert Reffkin's letter announcing Compass' public debut
'I started Compass because of my mom, Ruth,' the CEO of the soon-to-be-public firm wrote in an SEC filing
by Patrick Kearns Mar 1
Compass S-1 filing reveals $3.7B in revenue in 2020
The company also posted a net loss of $270.2M in 2020, according to the filing
by Patrick Kearns Mar 1
CoStar ups its bid for attempted CoreLogic acquisition
CoStar CEO Andy Florance believes the CoreLogic board will deem its offer 'superior' to a winning joint bid by Stone Point Capital and Insight Partners within 48 hours
by Patrick Kearns Mar 1