Fathom Realty lifts agent count by 21% — but posts $22M loss in 2024
Fathom CEO Marco Fregenal says revenue growth from My Home Group deal and smaller brokerage walkovers has company on track to achieve positive adjusted earnings in Q2 2025
by Matt Carter Mar 12
Non-member MLS option may boost Phoenix Realtors' revenue
By offering an option to skip state and national Realtor membership, the local association stands to earn 84% more per agent while brokers and agents pay hundreds less, according to an analyis
John Davis escalates lawsuit against KW with new accusations
The former Keller Williams CEO expanded on previous allegations of financial misconduct in new court filings while adding new claims of alleged sexual misconduct by Gary Keller's son, John Keller
Brokers want Michigan to split MLS access from Realtor membership
The Hardy plaintiffs clapped back at NAR in court on Friday, noting agents and brokers in California, Florida and Georgia can join the MLS without having to support Realtor associations
by Andrea V. Brambila Feb 27
Offerpad losses mount as iBuyer acquires and sells fewer homes
$17.3M Q4 2024 net loss is a 28% increase from the previous quarter, as homes acquired dipped 9% to 384, and homes sold fell 18% to 503. Profits on each sale were also down 24%
by Matt Carter Feb 24
Gitcha launches services in California to assist fire-affected
'While we can’t create more housing, we can help those affected share their needs and connect with their community for support': Gitcha CEO
by Craig C. Rowe Feb 24
NAR, Phoenix Realtors settle fight over MLS Choice
The Arizona association will withdraw MLS Choice, but will still offer some resources to people holding real estate licenses who are not members of NAR
by Jim Dalrymple II Feb 20
Median price up in 49% of Opportunity Zones: Attom
Prices increased in 61% and median prices were up by 10% annually in half of the Zones studied, tracking at a similar pace as typical properties outside of areas benefitting from tax subsidies
by Craig C. Rowe Feb 13
Prominent brokerages hire StackWrap to organize tech stacks
StackWrap has signed The Agency Texas and The Align Team of eXp. Additionally, the company aligned with enterprise email marketing company Happy Grasshopper
by Craig C. Rowe Feb 7
Cash offer pioneer Evergreen Home Loans expands to Southeast
Partnerships with agents and builders lay the groundwork for a foray into Florida, Georgia, North Carolina, South Carolina, Tennessee led by former Guild Mortgage exec John Porath
by Matt Carter Jan 31
Fathom Realty is jumping on the bitcoin bandwagon
Parent company will invest up to half of its excess cash in the 'highly volatile' cryptocurrency to pave the way for enabling bitcoin payments for agents and customers at a later date
by Matt Carter Jan 30
Barron Trump steps into luxury real estate, firm closes after launch
Trump, Fulcher & Roxburgh Capital Inc. plans to develop high-end properties, including golf courses in Utah, Arizona and Idaho, and to integrate into the Trump Organization
by Richelle Hammiel Jan 22
Go Mortgage and PacRes seek economies of scale in merger
Executives and employees of the combined company will continue to serve a nationwide footprint as Go Mortgage, which is now hiring retail branch managers and loan originators
by Matt Carter Jan 14
Brookfield Properties said to be acquiring Divvy Homes in 'fire sale'
Valued at $2B in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year
by Matt Carter Jan 13
Manufactured homebuilder's lender draws regulatory scrutiny
Vanderbilt Mortgage, which also does business as Silverton Mortgage, is accused by CFPB of approving loans that it knew, or should have known, borrowers couldn't repay
by Matt Carter Jan 6