Is a Compass IPO coming soon?

My gut tells me that Compass might file an IPO sooner than later — this year, even. In doing so, they’d seek to join the gaggle of private tech companies rushing to go public before the bubble (if that’s what this is) bursts.

Metaprop is raising a $100M real estate tech fund

This will be the third fund for the venture capital firm, which previously has invested in technology related to everything from AI to property management and appraisals.

Nearly 1B mortgage docs accessible by First American security flaw

Although the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL.

News Corp. falls short on revenue, touts ‘healthy growth’ in real estate services

News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of 4 cents per share, compared to the consensus estimate of 1 cent per share. However, the company also reported a total revenue of $2.46 billion, which fell below expectations of $2.5 billion.

Insurance startup Lemonade raises $300M funding round

Lemonade, a tech-centric insurance startup that uses artificial intelligence, announced Thursday it had raised $300 million in a new round of funding.

The essential guide to Wall Street and real estate

Wall Street and venture capitalists are pouring fortunes into everything from real estate tech companies to single-family rentals. Here’s what real estate pros should know from the top down.

EXp World Holdings revenue soars 212%

EXp saw a net loss of $5.2 million, or $0.09 per share, in the fourth quarter of 2018, according to the earnings report. Still, that beat the expectations of analysts, who had predicted losses of $0.11 per share.

New Zillow CEO saw iBuying as ‘existential threat,’ envisions changes to agent ad model

Zillow dived into iBuying after seeing it as an “existential threat,” the company’s newly reinstalled CEO said this week, and he anticipates major changes to its current practice of charging agents for a subscription to get leads.

Douglas Elliman profits collapse amid slower real estate market

Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report.

Zillow stock surges with new CEO announcement

Friday’s rally is particularly notable because other than installing Rich Barton as CEO, the company appears to be largely staying the course it laid out in prior earnings calls — including doubling down on the very programs that had previously spooked investors.