Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years
Lone Wolf's recent spat of acquisitions isn't about taking business out of agents' hands, but rather helping them avoid disruption, Lone Wolf's Chief Strategy Office Chris Egan said
Plat Collective in Indianapolis will be the Chicago-based brokerage's fourth franchise. The firm has 114 agents and is on track to do $650 million in sales volume this year
The company also announced it has opened a second factory in Ontario, California, and is working on a third, which will be its first automated facility, capable of building homes 20 to 50% faster than traditional methods
The company's global agent count increased 9.6% year over year as rumors continue to swirl about whether the company will go public this year
Wisconsin-based company Rentable aims to hire new employees and keep up with rising demand after securing a new round of funding
The expansion follows RedfinNow's recent moves into other northeastern markets, including Baltimore, Washington, DC, and Boston
Catch up quickly on the biggest stories of the week, as determined by Inman website visitors. Here's the Inman Top 5 for the week of July 24-30, 2021
Former NFL cornerback-turned luxury agent Morgan Trent will serve in the role of managing director for the new market
Opinion
This week, Byron Lazine and Nicole White discuss a new law put into place that affects Connecticut real estate teams, how telling a couple to get counseling led to more deals for one agent, and Brad Inman’s big announcement
The product functions similarly to a home warranty, except that it covers structural items such as roofs and foundations, Hippo Chief Growth Officer Daniel Blanaru told Inman
Jon Ziglar, formerly the CEO of ParkMobile, will lead the newly acquired RentPath's growth strategy, product expansion and listing integration into the Redfin platform
The rental management giant is merging with TPG Pace Solutions in a bid to go public via a special purpose acquisition company, or SPAC
Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers while expanding the range of homes they were willing to purchase
With the hire of Benjie Burford, Welcome Homes is poised to grow its personnel by 500% and expand into multiple new markets by next year, according to company officials
The launch of KW New Homes comes amid an ongoing period of historically low housing inventory, making new homes an especially appealing area of focus for many agents
