RE/MAX has acquired real estate tech startup First, a company that offers a machine learning-powered platform that helps inform agents of the best time to reach out to existing clients in their sphere.
The terms of the acquisition, which was announced Wednesday, will be disclosed at a later date, but the acquisition was funded with cash on hand, according to RE/MAX CFO Karri Callahan.
A new federal class-action lawsuit filed in the United States District Court for the Southern District of New York is taking aim at Zillow’s Premier Agent advertising platform for real estate agents and brokerages.
Three law firms jointly filed the lawsuit – including the same firm that filed a similar suit against Zillow-owned Trulia earlier this month – on behalf of New York State agent Max Brizer and others who claim Premier Agent encourages dual agency and violates a state antitrust law and The Consumer Protection Act.
EXp Realty is bringing its iBuyer platform, Express Offers, to a dozen new states. The capital-light program allows eXp Realty to scale the platform quickly, going from one state to 13 in less than three months.
The platform was first launched in California and will now operate in Arizona, Colorado, Florida, Georgia, Idaho, Illinois, Nebraska, Nevada, New Mexico, Texas, Utah and Virginia. The company wants the platform in all 50 U.S. states in the near future.
Pecan Creek, in the Phoenix area, is the neighborhood where the highest rate of sales went to iBuyers. Through October, 13.7 percent of sales have gone to iBuyers this year, up from 10.4 percent last year.estate company through October 2019, according to a new study released by Redfin.
Southern Mexico will soon be home to the world’s first 3D-printed neighborhood.
This month, New Story Charity unveiled the first two homes for an impoverished rural neighborhood the state of Tabasco, Mexico. The nonprofit has spent the last two years working on prototypes for 50 homes for with an Austin-based construction tech company called Icon.