Redfin announced Wednesday it has been quietly testing a pilot program in Boston, a revised version of its 2006 service Redfin Direct, that allows consumers to make direct offers on Redfin-listed homes through the company’s website. Source: click here
The tech-focused Seattle-based real estate brokerage Redfin reported $110.1 million in revenue for the first quarter of 2019, a year-over-year increase of 38 percent and beating expected revenue of $104.55 million. But it still saw losses widen in the first quarter of 2019, to $67.2 million. The company posted a $0.74 net loss per share, […]
A tech-oriented Florida independent brokerage on Wednesday unveiled a years-in-the-making software platform for its agents as it plots an expansion across the Sunshine State. Sean Frank Mainframe Real Estate‘s platform, called Automated Back End, or ABE for short, has been in the works since 2012, company founder and CEO Sean Frank told Inman. The platform […]
One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Ryan Schneider | Credit: Realogy Schneider purchased a total of 119,300 shares Wednesday at a price of $8.38 per share, according to financial documents Realogy filed. […]
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