Items Tagged with 'Real estate'

ARTICLES

  • Gamechanger: Zillow to begin buying and selling houses

    Follows lead of Redfin and other direct homebuyers
    Nearly one year ago, Zillow shook up the real estate industry when it announced that it was getting into the home selling business by launching “Zillow Instant Offers.” As it turns out, that was just the beginning. Zillow announced Thursday that it will begin buying homes and selling homes directly to and from homeowners.
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  • Flat-fee real estate agency Purplebricks secures $177 million investment to fund U.S. growth

    Sells 11.5% of company to European media giant Axel Springer
    Flat-fee real estate agency Purplebricks expanded into the U.S. last year after building a successful business in the United Kingdom and Australia, and after securing a sizable investment from European media giant Axel Springer, Purplebricks’ U.S. expansion is about to shift into overdrive.
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  • Placester names Omar Hussain president and CEO

    Co-founder and CEO Matt Barba to become chief technology officer
    Placester, a Boston-based real estate marketing platform, has a new CEO. Up until this point, the company has been led by its co-founder, Matt Barba, who previously served as CEO. But now, the company is naming a new president and CEO to help the company grow in its next phase.
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  • Realtor.com adds Michelle Meyers as vice president of customer success

    Tasked with boosting relationship with real estate agents
    Move, which operates Realtor.com for the National Association of Realtors, announced recently that it appointed Michelle Meyers to the newly created role of vice president of customer success. In this role, Meyers is tasked with boosting the company’s relationships with real estate agents, Realtors, and brokers.
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  • Former RE/MAX CEO David Liniger violated company policies by loaning millions to successor

    Investigation also finds that Liniger was not compliant with work conduct policies
    An internal investigation found that David Liniger, the founder and former CEO of RE/MAX, violated company policies by loaning millions of dollars to his eventual successor. Liniger and Contos confirmed the existence of a $2.375 million loan that Liniger provided to Adam Contos, who then used the money to purchase a residence at a below market interest rate.
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  • Flat-fee real estate company Home Bay expands to Texas

    Now available in five states
    In July, Home Bay, a San Diego-based startup that offers real estate services for a flat fee, announced that it raised $5 million to fund its expansion beyond California. Since then, Home Bay has expanded to Florida, Illinois, and Georgia. And now, Home Bay is available in Texas as well.
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  • 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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