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Offerpad hires Zillow vet, promises cash offers within in 1 hour

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 heads overseas, expanding to the UK and Australia

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, […]

Compass sued over a single decimal point

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

‘Full service’ for 1%? Clever Real Estate gets $3.5M in funding

Clever’s pitch to homesellers, which account for the vast majority of referrals it makes, is full service from a top-performing agent for a 1 percent listing fee or a minimum of $3,000 — whichever is greater. That’s a third of the typical listing fee in some markets. Source: click here

Salesforce nixes gun stores: Should real estate care?

Salesforce is a large business technology company, and its CRM is very popular among real estate agents. The company has decided to stop selling its e-commerce software to retail gun stores. How will real estate respond? Source: click here

RE/MAX team of 17 agents jumps to eXp Realty

Veronica Figueroa, a former Inman Innovator Award winner and member of the Real Trends Thousand is taking her 21-person Orlando-based team to eXp Realty from RE/MAX, she confirmed to Inman this week. Source: click here

Connect Throwback: A blueprint for your social media spend in 2019

Earlier this year, Marki Lemons-Ryhal, of Marki Lemons Unlimited took to the stage at Inman Connect New York to discuss everything social. What transpired was a powerful session that highlights how social media, when done right, can elevate your real estate business to new heights. If you’re a regular at Inman Connect, then you know the value of seeing […]

EXCLUSIVE: Compass, eXp Realty and Redfin voice support for Equality Act

Just in time for Pride Month, the annual June celebration of LGBTQ rights in the U.S., three major real estate brokerages — Compass, eXp Realty and Redfin — all confirmed to Inman this week for the first time that they support the Equality Act. Source: click here

RE/MAX co-founder buys more than $3M of company stock

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 […]

Best of both worlds? Notarize launches ‘hybrid’ closings for lenders

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

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