Items Tagged with 'Real estate'

ARTICLES

  • Crowdfunding lending platform Groundfloor turns to crowdfunding to raise money, for itself

    Aims to raise $7 million by inviting public to buy shares in company
    Groundfloor, a real estate lending platform that raises its loan funds via crowdfunding from the public, is turning to crowdfunding to raise money for something else – itself. But, the company is not going the Initial Public Offering route via the New York Stock Exchange or Nasdaq. Rather, Groundfloor is launching an online public offering, in which it’s seeking to raise more than $7 million from the public.
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  • Real estate technology company Homesnap secures $14 million in funding

    Money will be used to boost offerings for real estate agents
    Homesnap, a real estate technology company that provides a mobile productivity app and marketing platform for real estate brokers, agents and clients, announced this week that it plans to grow its offerings thanks to $14 million in new funding. The new investment brings the total capital raised by Homesnap to more than $32 million.
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  • Redfin now offering 1% listing fee in San Francisco

    Follows nationwide expansion of lower listing fees
    Back in October, Redfin, the online real estate brokerage, lowered its listing fees in many of the markets where it operates, bringing 1% listing fees to markets like Los Angeles, Boston, and New York. One of the markets excluded from the lower listing fees was San Francisco, until now.
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  • Flat-fee real estate agency Purplebricks plans expansion to New York

    U.K. company first launched in U.S. in September 2017
    Last year, flat-fee real estate agency Purplebricks expanded into the U.S. after building a successful business in the United Kingdom and Australia. Purplebricks’ first foray into the U.S. was Los Angeles. Now, the company is plotting the next phase of its U.S. expansion and is looking to the opposite coast.
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  • loanDepot unveils ambitions to expand beyond lending into entire real estate transaction

    Wants to connect approved homebuyers with real estate agents
    loanDepot is already one of the nation’s largest mortgage lenders, but now, the company wants to become a much larger part of the home buying process. On Tuesday, loanDepot unveiled an ambitious new plan that will see the lender expand beyond simply lending a borrower the money to buy a home into facilitating the entire real estate transaction.
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  • Fast-growing local marketplace app letgo expands into real estate listings

    App now allows sale and rental listings
    If you’ve been anywhere near a TV in the last year or so, you’ve probably seen a commercial for letgo, an app that connects sellers to buyers and vice versa. Up to this point, letgo built it fast-growing business on things like electronics, collectibles, clothing, furniture, cars and more. But now, letgo is getting into housing.
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  • Real estate startup Compass secures largest real estate tech investment in U.S. history

    SoftBank invests $450 million; Compass now valued at $2.2 billion
    Less than one month ago, Compass, a real estate technology company based in New York City, celebrated that it raised $100 million in its Series E investment round, which placed the company’s valuation at $1.8 billion. But that investment is dwarfed by the company’s new round of funding, which transforms Compass into one of the biggest in the real estate space.
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