Disruption!
Have you ever wanted to ask Alex Doubet of Door what motivates him? Or how he keeps the lights on? What is OpenDoor really about and how much do they charge sellers? Why did so many tip-top agents flock to Compass? Is it possible to sell your home online now? How big are the iBuyers,…
Read MoreI have been hearing all week long that something was afoot at North American Title Company, that a big announcement was coming Friday, and that there has been a lot of personnel movement as of late. Well, comes word that North American is merging some of its operations with a Silicon Valley-based start-up that was…
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Money is a funny thing. You never know where it has been and whose hands have touched it. This week the SoftBank Vision Fund, $93 billion strong and investing heavily in local real estate start-ups Compass and OpenDoor, has come under the microscope because Saudi Arabia is a major investor in the fund. And the…
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Last week, Becky Frey, a 17-year veteran at Briggs Freeman Sotheby’s who once told me she learned the real estate craft from Ellen Terry herself, joined Compass. “It was a really big, hard decision,” says Becky. “I watched Compass evolve over the year, and it was just a good match for our team. The Sotheby’s…
Read MoreLooks like more Wall Street money is really flowing into the real estate business. And it also looks like there might be some synergies soon between Opendoor and Compass in the future… On Thursday (while we were all glued to Washington, D.C.) Opendoor announced a $400 million investment from the SoftBank Vision Fund. Who is…
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