Flat-fee brokerage Homie makes remarkable pivot amid upheaval
The Utah-based disruptor 'moved our real estate agents from W2 to 1099' while other 'non-Homie' agents were laid off last week due to 'role redundancy,' a Homie spokesperson confirmed to Inman
by Jim Dalrymple II Apr 22
Real estate in 2022: When the #@!$ finally hit the fan
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down
by Jim Dalrymple II Dec 19
Flat-fee brokerage Houwzer acquires rival Trelora
The acquisition will expand the company's footprint to 14 states. The deal also comes amid a challenging time for the real estate technology sector
by Jim Dalrymple II Dec 13
The other real estate company named Rex just laid off 4% of its staff
The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector
by Jim Dalrymple II Oct 5
Homie CEO resigns as flat-fee brokerage lays off more workers
The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences 'turmoil'
by Jim Dalrymple II Oct 4
Mortgage is the new money pit for portals: Mike DelPrete
Opinion
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies
by Mike DelPrete Oct 3
The best and worst ways to handle layoffs as real estate cuts accelerate
The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others
by Jim Dalrymple II Jun 17
A full list of real estate companies making layoffs in 2022 and 2023
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
by Matt Carter Jun 3
Brokerages push back on NAR ad campaign targeting 'competitors'
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it's competing with for consumer mindshare
by Andrea V. Brambila May 12
Homie to expand Power Buyer program amid surge in demand
The expanded program and a new buy-before-you-sell offer will be unveiled in Colorado and Utah in the next 2 weeks, followed by Arizona, Nevada and Idaho, executives told Inman exclusively
by Taylor Anderson Apr 14
Homie joins the ranks of Power Buyers with cash offer program
The flat-fee brokerage is now offering bridge loans to turn home-seekers into cash buyers. The Homie Cash program is available in Nevada, Arizona, Utah, Idaho and Colorado
by Andrea V. Brambila Feb 22
Online brokerage Homie lays off nearly a third of its employees
A company spokesperson confirmed that 119 of Homie's 414 employees were laid off on Friday due to a 'changing real estate market'
by Ben Verde Feb 14
Proptech co-founder ousted after claiming 'Jews' behind COVID plot
David Bateman co-founded Entrata 2 decades ago. In a new email he claimed COVID and related vaccination efforts are part of a Jewish plot to bring the world under totalitarian rule
by Jim Dalrymple II Jan 4
6 reasons NAR's commission rules work
Opinion
Anthony Lamacchia doesn’t see the agent commission 'reckoning' as better for consumers as many are painting it. NAR is doing its job for consumers and Realtors. Here’s why
OJO Labs, Notarize among the fastest-growing companies in the US
This year's Inc. 5000 includes more than 200 businesses in the real estate industry
by Libertina Brandt Aug 18