Real estate’s big threat, according to a Coldwell Banker NRT exec

As the regional executive vice president of the eastern seaboard and midwest regions at Coldwell Banker NRT, Sue Yannaccone oversees 239 Coldwell Banker offices.

Purplebricks in turmoil: Shares plummet, CEOs out

The stock price drop Thursday came as Purplebricks announced that both Lee Wainwright and Eric Eckardt, the U.K. and U.S. CEOs, respectively, were leaving the company. In a statement, Purplebricks said that Wainwright was leaving for “personal reasons.” It gave no explanation for Eckardt’s departure. 

Discount brokerage Trelora promotes Brady Miller to CEO

Brady Miller, the new CEO, has been at Trelora since August. He previously served as the CFO of Leeds West Group, which owns and manages automotive repair businesses. 

The Agency CEO dismisses Purplebricks agents as ‘plumbers’

Mauricio Umansky, the outspoken chief executive of The Agency in Beverly Hills, taunted the U.S. CEO of Purplebricks during an Inman Connect panel Tuesday.

Utah-based flat-fee brokerage Homie wants to raise $10M

The U.S. Securities and Exchange Commission documents indicate that Homie has already raised about $2.3 million out of its new $10 million offering. The documents were filed on Jan. 15 and indicate that Homie expects the new fundraising round to last l…

Tech startup REX raises $45M, plans expansion into new markets

REX, a tech startup that relies on artificial intelligence, has raised $45 million with an eye toward expanding into new markets.

Flat-fee brokerage Purplebricks reports growth in the US

In a Tuesday earnings report, Purplebricks touted growth in the U.S., including 140 sales consultants and local real estate experts in seven states.

Purplebricks secures $177 million investment, will launch in New York next week

United Kingdom-based flat fee brokerage Purplebricks secured a $177 million equity investment and moved up its New York launch date to April 3, the company announced Monday …

The rise of the next-generation 100% commission brokerage

Those hoping that the next generation of 100-percent commission brokerages would just die a death may want to see a therapist about their denial. These thick-skinned companies are alive and well, and the tenacious breed of broker-owners who run them ha…

How a DBA experiment became a real estate test kitchen

Inman Park Realty was created as a project for agents considering DBA (doing business as) branding. As a DBA experiment, IPR didn’t generate the interest we had hoped for. But it did set in motion the process to extend the Inman Park Realty experiment into areas that have yet to be tried …