U.K. hybrid brokerage Purplebricks charges consumers a set fee to “instruct to sell” — for us Yanks, that means list a home with an agent. The company has expanded to Australia, and now it’s raising funds to bring its tech-based model to the U.S. in the second half of 2017.
It is reassuring when the world behaves as it should. The last couple of weeks have been disconcerting — how such a huge decline in rates without a bounce-back? It’s okay now. Rates are rising. The jump last week had several propellants. The first is simply the nature of markets: any big move begets a counter-move.