A home that former President Richard M. Nixon once occupied as his Western White House is back on the market after a major drop in price. Tricky Dick’s former estate has proven to be a tricky deal. Source: click here
Flat-fee brokerage Reali announced it has raised $9 million in its latest funding round, adding to the tens of millions of dollars the company has previously pulled in from investors. Source: click here
The Austin Board of Realtors is demanding that the Travis Central Appraisal District stop using and destroy any multiple listing service data it may have obtained from CoreLogic. Source: click here
Following the announcement of Redfin Direct, a new service that will enable buyers to make offers on Redfin-listed homes through the company’s website without agents, read CEO Glenn Kelman’s letter to employees. Source: click here
Revenue for eXp World Holdings jumped 153 percent year-over-year to a quarterly record high of $157 million, according to a first-quarter earnings report. Source: click here
The third largest MLS in the nation, which is also the largest MLS in Florida at 58,000 subscribers, will relaunch under the new name on June 4. Source: click here
EasyKnock, a home sales/leaseback company that allows homeowners to release the equity on their home, has closed $215 million in Series A debt-equity funding according to an announcement on Thursday. Existing investor Blumberg Capital led the funding round, which included contributions from Montage Ventures, Kairos, FJ Labs, 500 Startups, Correlation Ventures, and Rubicon Ventures. The […]
Broker-owner Mark Butterfield has 100 agents, three offices and 12 teams who raked in $565 million in sales this past year. Here’s how he does it. Source: click here
News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of $0.04 per share, compared to the consensus estimate of $0.01 per share. However, the company also reported a total revenue of $2.46 billion, which fell below expectations of $2.5 billion. Overall, revenue from […]
In its first quarter 2019 earnings report released on Thursday, Seattle-based Zillow Group, the operator of listing portals Zillow, Trulia, StreetEasy and RealEstate.com, posted a net loss of $67.5 million in the first quarter and announced the expansion of its iBuyer program Zillow Offers to six additional markets. Source: click here
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