Fresh off a $45 million funding round, rabble-rousing discount brokerage REX is expanding to the Philadelphia area, the company announced this week. Source: click here
A Zillow Group employee has filed a class-action lawsuit alleging ongoing labor code violations, including failure to pay overtime wages. Source: click here
Americans might start moving more if they can buy and sell houses the way they can buy and sell cars: quickly and over the internet, with easy financing available. This is the future of real estate — a future where iBuyers will take 60 percent of sales in 2024. Source: click here
Now that he’s counting down the days until his marriage to Katy Perry, Orlando Bloom decided to part with his bachelor pad — and sell it for $8.999 million. The Beverly Hills estate, which Bloom purchased in 2017 from Mexican architect Miguel Angel Aragonés, has been listed by Jason Oppenheim, of L.A.’s Oppenheim Group. Photo Credit: […]
It’s easy to have blinders on when it comes to the problems real estate leaders face, but industries from travel to publishing are experiencing many of the same pain points. Source: click here
Realogy has sued a former manager of one of its Sotheby’s International Realty franchises for defecting to competitor Compass, allegedly in violation of a noncompete clause. Source: click here
A pair of RE/MAX franchises in Massachusetts announced this week that they have joined forces in a merger that creates the second-largest RE/MAX brokerage in New England. The merger combines the forces of RE/MAX Executive Realty and RE/MAX Best Choice, both of which hail from the Greater Boston metro area. The new brokerage, which will […]
Property data and analytics firm Remine laid off dozens of staff members Friday as part of a “strategic decision to double down” on its MLS business. Remine CEO Leo Pareja announced the layoffs in a LinkedIn post, saying that the company was terminating the employment of 42 members of the sales team. Pareja described the layoffs […]
Are broker platforms augmenting or replacing existing MLS platforms? What is the impact to industry participants? Explore why this topic is the new buzzword of the industry and what the future looks like. Source: click here
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