What went wrong at Redfin?
Redfin launched with the intention of redefining the real estate industry, but in a turbulent housing market, its signature innovation may have ultimately ended its run as a standalone company.
Real Estate
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Kickback accusations nothing more than government abuse and overreach, Pennsylvania mortgage brokerage says
More state attorneys general are getting in on the Real Estate Settlement Procedures Act (RESPA) action. In mid-January, Pennsylvania’s former attorney general Michelle Henry filed a kickback lawsuit against Barry Newhart and six mortgage entities he controls: Bright Financial Group, Conquest Mortgage, Flagship Home Loans, Legacy Mortgage Partners, Nittany Home Loans, MCT Financial, Conquest Holdings […]
HUD approves then rescinds funds for NY housing groups
Millions in federal grants for housing groups in New York City were reportedly held up Friday, just after news that the funds were approved.
Anywhere’s Ryan Schneider on luxury market, M&A growth in 2025
Ryan Schneider, CEO of Anywhere Real Estate, joins Power House to discuss luxury market growth, M&A opportunities, and AI-driven innovation.
World’s first AI real estate agent has already made $100M in sales
Israeli startup eSelf AI has developed a technology that provides interactive AI real estate agents capable of answering questions and guiding prospective buyers through listings at any time. “We are not only a face that is moving and speaking while the agent responds to the user, but we also have sharing video and image capabilities,” […]
Inside Real Estate acquires AI property search firm ListAssist
Utah-based Inside Real Estate has acquired ListAssist, which provides artificial intelligence (AI)-powered search and marketing technology that’s designed to enhance the property search experience.
Compass in negotiations to buy HomeServices of America
The news was reported Thursday afternoon by The Wall Street Journal. The outlet cited unnamed sources and said that a deal “could come together soon, if talks don’t hit any last-minute snags.”
Fathom teases new agent revenue-sharing model
On Fathom Holdings’ fourth-quarter 2024 earnings call on Wednesday, CEO Marco Fregenal mentioned a new revenue-sharing model that will launch “soon.” The plan is designed to help agents close more business.
17 indispensable AI tools for real estate agents
Take back your time, improve productivity and boost revenue with these AI tools for real estate agents.
Keller Williams might spark a trend of brokerages to tap private equity
It’s fair to ask if Stone Point Capital’s investment in Keller Williams is the first of other private equity infusions in real estate brokerages.