Traditional models shouldn’t be fully counted out, but they need to change, according to John Campbell. He’s downgraded Realogy’s target share price from $16 per share to $8 per share and lowered RE/MAX’s target stock price from $45 per share to $37 per share. Source: click here
Less than a week after Move Inc., the News Corp. subsidiary that operates realtor.com announced CEO Ryan O’Hara was resigning as CEO, it appears the former real estate executive has a new job. O’Hara was announced Monday as the new CEO and president of Shutterfly, an image publishing platform. “I couldn’t be more excited to […]
In late March, ride-hailing company Lyft debuted on the stock market. In April, photo-centric social network Pinterest and video conferencing company Zoom both followed suit. And in May, Lyft competitor Uber went public as well. While these companies and a number of others that have started selling shares this year operate in a handful of […]
Realogy announced Tuesday it’s hired Tim Foley, formerly with J.P. Morgan Asset Management, to serve as executive vice president of operations for NRT, its owned brokerage. In the newly created role, Foley will report directly to NRT CEO Ryan Gorman while taking responsibility for driving essential business unit functions. “I am confident that, under [Foley’s] leadership […]
Rich Barton purchased 703,500 shares of Zillow Group stock between Nov. 16-20, 2018, according to Zillow’s SEC filings. The shares have skyrocketed in value. Source: click here
According to documents filed with the U.S. Securities and Exchange Commission this week, David Liniger acquired 140,800 more shares of the publicly trade real estate franchisor. Source: click here
The companies announced the partnership Tuesday, saying in a statement that it will allow Fidelity’s agents to use Notarize’s platform for online closings. Source: click here
While the number of homeowners failing to make their mortgage payments continue to hit new lows, portions of the country hit by natural disasters are struggling. Across the United States, 4 percent of U.S. homeowners fell into some sort of delinquency on their mortgages in March, down from 4.3 percent a year earlier and the lowest level […]
Real estate continues to see new models try to disrupt the industry’s more traditional framework. From “technology-first” brokerages to the iBuyer movement, movers and shakers dominate the news feeds. But, nearly halfway through the year, a glaring message is rising above all others: to prevail, you must win the consumer and technology races. Now, the […]
Congratulations! You’re about to embark on an exciting new career as a real estate agent. But like all change, it can be scary, filled with difficult decisions, starting with like what real estate brokerage you will choose. Which one will help give you the start you need to build a successful career? Right now, the […]
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