Re News

Inman

• Quicken Loans files for IPO as Rocket Companies
  The Detroit-based lender announced the Rocket brand in 2015, and now plans to use the symbol RKT on the New York Stock Exchange.
• Zavvie launches updated version of Offer Optimizer
  In the updated version of Offer Optimizer, individual estimates from each iBuyer have been replaced with an estimated offer range for all iBuyers based on zavvie's data, and a buy-before-you-sell option from bridge providers will now be available for consumers.
• Neil Armstrong’s one-time home lists for only $375,000
  A Houston-area house that astronaut Neil Armstrong called home when he landed on the moon in 1969 is on the market for $375,000.
• Scores of real estate companies took home large PPP loans
  Luxury brokerages, franchises for brands such as Realogy and Keller Williams, MLSs and local Realtor organizations all received money from the Paycheck Protection Program.
• Tensions are flaring: How are real estate leaders putting out the fires?
  Executives from Coldwell Banker, eXp Realty, Redfin and RE/MAX share how they're leading and responding to agent conversations about race and racism.
• What happens when top real estate portals join forces?
  When massive real estate portals join forces, it's for one reason: market power. These mega-mergers of leading real estate portals highlight the power of market dominance through greater reach, greater pricing power and accelerated revenue growth.
• Airbnb puts restrictions on renters under 25 to curb house parties
  Amide the coronavirus pandemic, bookers under 25 who have fewer than three positive reviews will be barred from renting homes close to where they live.
• Luxury real estate broker joins the list of New York Mets bidders
  Kurt Rappaport, the CEO and founder of Beverly Hills-based Westside Estate Agency, is reportedly among the potential bidders interested in buying the team.
• Zillow resumes buying homes in 5 more US markets
  After the company's initial homebuying pause, Zillow is now buying homes in 20 of 24 Zillow Offers markets.
• Stephanie Anton joins Corcoran to support franchise business
  The former longtime president of luxury at LeadingRE joins the company five months after the launch of its first franchise.

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