Real Estate Marketing & Beyond

Brokerage, Press Release

Cairn Real Estate Holdings Appoints Mark Johnson President of JPAR® - Real Estate

By Press Release | January 17, 2022

Brokerage

The secret few brokers discuss

By Rick Ellis | October 26, 2021

There’s a dirty little secret in the world of real estate brokerages that few people talk about. It’s a disturbing trend that we’re seeing more frequently in small and mid-sized firms: Many brokerages today are just not very profitable. In 35+ years, I’ve looked at 1,000’s of financial statements. What is interesting lately is that […]

Brokerage

The Logistics of Brokerage Growth

By Rick Ellis | September 30, 2021

“Amateurs talk about tactics, but professionals study logistics.” This quote, often attributed to former Chairman of the U.S. Joint Chiefs of Staff, Omar Bradley, applies to today’s real estate market. Many brokers now see opportunity ahead in the softening market. They are developing strategies and tactics to take advantage of growth opportunities and focusing on brokerage […]

Brokerage, US Real Estate

Compass is planning to get into the mortgage business

By Mike Wheatley | May 17, 2021

Digital real estate brokerage Compass is looking at ways of getting into title, escrow and mortgage services as part of its efforts to generate more revenue. Compass raised a massive $450 million when it went public last month, but the company remains unprofitable and is now looking to generate extra income in order to please […]

Brokerage, Real Estate Technology

Boutique real estate brokerage Side raises $150M

By Mike Wheatley | March 23, 2021

Technology-based real estate brokerage Side Inc. became a “unicorn” today as it raised $150 million in a Series D round of funding that brings its value to more than $1 billion. The round was led by Coatue Management, together with participation from existing investors Matrix Partners, Trinity Ventures and Sapphire Ventures, and brings its total […]

Brokerage, US Real Estate

Redfin to acquire RentPath for its apartment listings

By Mike Wheatley | February 23, 2021

Online real estate brokerage Redfin has said it will acquire the apartment search giant RentPath Holdings Inc. and combine that company’s listings with its own platform. The idea is to create a more comprehensive platform where people can search for a home to rent or purchase, Redfin said. The acquisition will add around 20,000 apartment […]

Brokerage, US Real Estate

Report: iBuyers shut up shop as coronavirus fight continues

By Mike Wheatley | March 24, 2020

Some of America’s biggest iBuyers – or companies that make instant cash offers on people’s homes – are said to be suspending their services due to the coronavirus outbreak. The companies include Opendoor, the largest iBuyer in the U.S., as well as the iBuying businesses of brokerages such as Redfin and Realogy. Realogy said it […]

Brokerage

Engel & Völkers Belleair relocates its brokerage

By Press Release | August 5, 2019

Engel & Völkers Belleair today announced that their shop has relocated to a larger, free-standing building in Belleair Bluffs. Double the size of Engel & Völkers Belleair’s previous location, the new space can accommodate more real estate advisors as the brokerage continues to grow and as Engel & Völkers expands throughout the greater Tampa Bay […]

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