By the end of this year, Bungalow hopes to have more than 150 rooms in 40 San Francisco properties. Overall, Bungalow operates more than 500 properties with 2,000 total rooms across the U.S. Source: click here
Ryan Gorman spoke with Inman by phone to discuss some of the challenges his company is facing head-on this year and his now-infamous letter raising concerns about competitor Compass. Source: click here
The startup will now feature AI-powered pros and cons for neighborhoods across NYC and, later this month, Chicago, company executives told Inman. Source: click here
In an effort to sell his glitzy Mallorcan estate, actor Michael Douglas slashed its price by almost $30 million — and appeared in a video tour of the property. Named S’Estaca, the luxurious property on the Spanish island has 200 acres, a main house, and five apartments. Douglas and his wife, actress Catherine Zeta-Jones, put […]
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 areas where high-end golf course communities are prevalent, competition to attract these buyers is fierce. Luxe developers, boards and operators in amenity-rich areas like Florida need to attract young high-end families. Here’s how they are upping their game and creating resort-like lifestyles. 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: […]
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