Publicly traded flat-fee brokerage Redefy announced on Wednesday a new private securities offering of up to $6 million to fuel anticipated growth. Source: click here
In what is beginning to look like a trend in which real estate leaders doubling down on their firms’ stock market potential, RE/MAX revealed Wednesday that co-founder and former CEO Dave Liniger has just purchased 122,911 shares in the company. Dave Liniger. Credit: Re/Max In a statement explaining the purchase, Liniger said that he considers “RE/MAX stock […]
The service is exactly what it sounds like, with consumers able to sign some documents online while still wrapping things up in the traditional way at their lender’s office. Source: click here
Wells Fargo will be putting $1 billion toward various affordable housing initiatives over the next five years. As part of this commitment, the bank promised to address three key issues in underserved communities plagued by lack of affordable housing — housing affordability, financial health and small business growth between now and 2025. The move comes […]
EXp Realty announced Wednesday at its shareholder summit in Orlando that the company is bringing its virtual cloud-based tech-focused brokerage to four more provinces in Canada, giving it a total company footprint of seven Canadian provinces. Source: click here
To celebrate Pride Month, the National Association of Gay and Lesbian Real Estate Professionals will be marching in this year’s WorldPride event. Source: click here
RE/MAX Select, an East Coast real estate franchise with more than 200 agents, is severing its ties with realtor.com’s lead generation platform after 17 years over what it says has been a deterioration of that business service since realtor.com’s parent company Move, Inc. acquired lead referral platform Opcity nearly a year ago to bolster realtor.com’s offerings. Source: […]
Offerpad, the Arizona-based online fast homebuying and reselling company, announced Wednesday that it has hired Bryan LaFranchi to lead its program in which homesellers can get all cash for their old properties and put the money toward the purchase of a newly built home. Source: click here
EXp Realty announced on Wednesday that it is expanding its residential brokerage operations to the United Kingdom and Australia, its third and fourth countries after current markets in the U.S. and Canada. The company, which rewards agents with equity in the company when they hit certain sales milestones, did not reveal an exact time frame, […]
According to the complaint, The Mark Company orally agreed to pay RRA 16.25 percent of gross sales commissions from the sales of condominium units at an ultra-luxury development in San Francisco. The companies signed a letter agreement in 2013, which Compass now notes included RRA’s rate at 0.1625 percent instead. Source: click here
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