For Zillow, 2023 is the year of execution

Despite a $35 million net loss in the second quarter, Zillow saw a slight annual increase in revenue to $506 million, beating Wall Street’s estimates. As a result, the company’s executives told investors and analysts that they were pleased with the firm’s second quarter performance, especially in to
Read MoreIndie brokerage Nationwide Real Estate Executives joins eXp Realty

Daryl Owen, the founder of top California independent brokerage Nationwide Real Estate Executives, is joining eXp Realty and taking 200 agents along with him.In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesda
Read MoreFannie Mae makes further changes to appraiser independence requirements

Government-sponsored enterprise Fannie Mae this week released new updates to its appraiser independence requirements (AIR), and also established new property data independence requirements (PDCIR) simultaneously. Fannie Mae published a new frequently asked questions (FAQ) document related to AIR thi
Read MorePinnacle Realty Advisors expands to California

Dallas-based Pinnacle Realty Advisors, the world’s pioneering Brokerage-as-a-Service (BaaS) platform, is expanding into the California real estate market. The subscription-based cloud brokerage model, which started in Texas, will now be available to residential and commercial agents in California, r
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