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The week in real estate industry deals: May 22-26, 2017

While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping every week’s noteworthy deals that didn’t make it into print (and some that did) for your perusal. This week’s deals May 22 Zillow announced […]

Your first-time sellers might be surprised by $15K in hidden costs

In its latest study, Zillow turned the spotlight onto sellers and found that homeowners spend, on average, $15,190 in extra or hidden costs to sell their home — a reality that may blindside the 63 percent of today’s sellers who are putting their home on the market for the first time. According to the study, these […]

$10M listing or bust: Breaking into luxury real estate without being rich

You could say that Zach and Cody Vichinsky, the brothers behind the Hamptons-based boutique firm Bespoke Real Estate, won’t get out of bed for less than $10 million. While the young luxury brokerage has only been around for two and a half years, their average listing comes in at $27 million. Bespoke Real Estate Listing: […]

Reali, mobile app-based brokerage, nabs $5M

A real estate brokerage that uses a mobile app, beacons and low fees to service homebuyers and sellers has closed a $5 million Series A funding round. San Mateo, California-based Reali will use the cash to expand to all markets around the San Francisco Bay Area, including San Francisco, Oakland and San Jose, and continue to build out its technology and […]

Realogy recognized for outstanding health initiatives and ethics

Realogy has received the CEO Cancer Gold Standard re-accreditation for the sixth consecutive year, a sign of the company’s consistent performance, growth and dedication to its employees. The CEO Roundtable on Cancer, a non-profit created under former President George H. W. Bush, recognizes employers who go above and beyond to ensure the health and well-being of […]

HomeZada’s home management app could be the perfect closing gift

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. HomeZada, the home information management app that agents can gift to customers after close, announced last week an update that might push the software into a new territory of personal wealth oversight. The new app, marketed […]

Would charging fees for Instant Offers make Zillow a broker?

Zillow Inc., home of the most popular real estate website nationwide, is testing Zillow Instant Offers, a program allowing homesellers in Orlando, Florida, and Las Vegas to receive all-cash offers from up to five Wall Street investors and compare them side-by-side with a comparative market analysis (CMA) from a Zillow Premier Agent. For years, Zillow has […]

dotloop: See How Real Estate’s Only Collaborative Transaction Platform Boosts Brokerage Productivity

Save My Spot dotloop replaces your form creation, e-sign, and real estate transaction management systems with a single end-to-end solution, allowing your agents and admins save time and with fewer errors. And with real-time visibility into your transactions and agent performance, you can focus much more effectively on productivity. This webinar will show you how […]

Elm Street Technology scoops up real estate tech provider Consolidated Knowledge

Elm Street Technology (EST) has another acquisition to add to its list — Consolidated Knowledge. EST says the purchase is part of an “ongoing effort” to bring together the real estate industry’s leading technology and marketing providers. “The products that Consolidated Knowledge has developed have enabled the company to assemble a respectable portfolio of customers, including […]

Craigslist: Forget the ‘it’s so ancient’ mantra

By Peter M. Zollman; reposted with permission from AIM Group‘s Classified Intelligence Report. Craigslist, the granddaddy of all horizontal classified websites, hasn’t taken a single step to focus on verticals like real estate and recruitment. And yet it is active in the verticals, nonetheless. Unlike most recruitment sites, Craigslist doesn’t have sales reps calling employers. Cars.com and […]

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