There’s a lot of money at work right now trying to reinvent the way that homes are bought and sold. Perhaps the most popular trend is “instant buying” or algorithmic home buying. I have been writing about this for years, mostly because of Opendoor. But… Read More
All posts tagged “real estate agent”
Real estate startup Knock raises $400 million
I have been writing about the real estate startup Opendoor for many years here on the blog. Another promising startup in this space is Knock, and today it was announced that they just raised a $400 million Series B round (led by Foundry Group). They share… Read More
Federal court upholds decision that TREB’s housing sales data should be available online
The Toronto Real Estate Board (Canada’s largest real estate board) and the Competition Bureau have been fighting for years over whether TREB’s housing market sales data, including realtor commissions, should be publicly available online. The Competition Bureau, as well as many forward thinking realtors, believe… Read More
Will Zillow’s new “Instant Offers” disrupt real estate agents?
Last month Zillow.com launched a new feature called “Instant Offers.” Press real estate can be found here. It is: “…a way for homeowners to sell their homes quickly by providing them with offers from investors and a comparative market analysis (CMA) from a local real estate agent,… Read More
Transparent offer platform
A new “transparent offer platform” called Haus has just launched in California to serve the residential real estate market. The way it works is that all offers are submitted online. And once an offer has been confirmed, it – along with all of its terms –… Read More
Multiple representation
https://500px.com/embed.js If you’ve ever bought a property, you might be familiar with something called “multiple representation.” It’s when one real estate agent represents both the seller and the buyer for a particular transaction. It may also be called “dual agency.” The reason this can happen is because,… Read More
1 bedroom condo for sale
I’m hijacking Architect This City today to help my mother out and try something new. She is looking to sell her 1 bedroom condo in the Radiocity Condominiums, located at 285 Mutual Street in Toronto. It’s called Radiocity, not because the developers thought New York… Read More
Towards more publicness
Back when the commercial internet first started to take off it was uncommon to use your real name online. Instead people relied on usernames and other pseudynoms to represent themselves. I honestly can’t remember what I used in those days, but I’m sure it was… Read More
Biggest US real estate website to acquire 2nd biggest US real estate website
Today it was announced that Zillow.com will be buying Trulia.com for $3.5 billion in a stock-for-stock transaction. Based on share of web visits, the biggest real estate website in the US has just acquired the 2nd biggest. Both companies make the bulk of their money… Read More
Could a decentralized sales model work?
Since I started blogging last year, I’ve been getting regular emails from both people I know and from readers I don’t know (but hope to one day meet) asking for advice on buying real estate. Usually somebody sends me the link to a place they’re thinking… Read More