Opendoor, a three-year-old San Francisco startup that uses technology to quickly buy and resell homes, reports that it’s reached a $1.3 billion annual purchase rate, which rounds out monthly home purchases at about $100 million. “It really shows that this new behavior of selling your home online is more mainstream than it seemed,” Opendoor CEO Eric […]
Your clients just bought a new home and couldn’t be happier. What better way to congratulate them than to give them a great housewarming gift? Selecting something they’ll actually like isn’t always easy though, especially if you don’t know them well. When you’re having trouble deciding on what to give your buyer client once the […]
Robin Kraft, self-proclaimed “product/data guy with a thing for the environment,” has created a way for Northern California residents to safely check on their homes without being subjected to the dangers — smoke, debris, ash — that may be settled in their area. It’s also ideal for residents who have evacuated but don’t have the […]
Reposted with permission from AIM Group‘s Classified Intelligence Report. The battle lines have been drawn, but the end is far from uncertain. And the ramifications for the rest of the real estate classified industry in the United States could be far-reaching. We’re talking about New York City and the back-and-forth bickering between Zillow Group’s StreetEasy and […]
There have been (unlucky) 13 hurricanes so far in 2017 at the time of this article. Harvey, Irma and Maria have been the big three, causing massive devastation throughout Texas, Florida and the Caribbean, with especially destructive effects in Puerto Rico and the Virgin Islands. The devastation was complicated further by the current political climate […]
Reposted with permission from Mike DelPrete. Purplebricks, the online agent that has seen massive success while battering the incumbents in the U.K. market, launched in the U.S. about one month ago. Let’s take a deeper look at its launch, its tactics, the numbers and its next targets. The model The business model in the U.S. is similar […]
A police investigation is underway regarding two dead bodies found by a Realtor inside a for-sale home in Chapel Hill, North Carolina. A 911 call placed by the unnamed Realtor detailed an encounter that no real estate agent ever wants to imagine: “I just walked in this house to preview it for a client and […]
Eight years ago, Eric Breon and his wife inherited a little 480-square-foot cabin on the Washington coast. Nearby homeowners told them that they could expect to earn around $3,400 a year by renting out the property to vacationers looking to get a taste of the Pacific Northwest cottage life. Instead they raked in $24,000, as […]
Dozens of innovators in technology and real estate spent last weekend in a fourth-floor midtown Manhattan tech incubator to devise creative ways to tackle some of the biggest problems plaguing the real estate industry. The Real Estate Board of New York’s (REBNY) 2017 hackathon, taking place at Grand Central Tech — a tech breeding place […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Monday, October 16 October 2017 Re/Max National Housing Report September became the fifth month this year to post a decline in home sales compared to a record-setting 2016, while marking the 71st consecutive month of rising […]
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