The funding will be dedicated to sustaining Updater's current growth trend, which has seen the company climb to approximately 250 employees over the past 12 months
Company looking to buy smaller real estate brokerages in new or smaller geographic markets
Proceeds were to go to a company controlled by Ishbia family, which owns 93.6 percent of United Wholesale Mortgage
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
'I love the idea of being connected to top agents and top team leaders all over the country,' said Abby Realty founder Frank Gray, on move to eXp. 'They're welcoming us to the family, and showing us it's a helping culture'
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family
The real estate conglomerate and auction house have joined forces to acquire luxury home marketplace Concierge Auctions for an undisclosed amount
Deal provides cloud banking solutions provider nCino with an entry point into the $4B US point-of-sale mortgage market
The franchise will be the brokerage's second in Colorado, and will be led by Kacey Bingham and Jared Blank, formerly of LIV Sotheby's International Realty
The city council just approved an effort that will look for strategies to stop iBuyers such as Opendoor and Redfin
The new tools will let agents conduct live video tours and send out automated emergency texts if or when they run into trouble
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow's announcement that it will end its iBuying business
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
Realtracs Showings comes amid an ongoing race to build alternatives to ShowingTime, which Zillow acquired earlier this year
Keller Williams latest program, KW Military, aims to help agents use their military experience to build robust businesses through a series of courses and training events
The multiple listing service is teaming up with the Albemarle Area Association of Realtors, which will extend its reach to dozens of new cities and towns in North Carolina
