article thumbnail

Redfin layoffs impact real estate company’s Concierge service

GeekWire

Support and sales managers within the company’s real estate brokerage were also impacted by the layoffs. In 2022, responding to a housing market slowdown, Redfin laid off staff and ditched its iBuying program. Some affected employees are being offered jobs as agents. month-over-month in July.

article thumbnail

Real estate vets launch accelerator and advisory firm to fuel underrepresented founders

GeekWire

(Equity Angels Photo) After working decades in real estate, Katherine Winston and Kenya Burrell-VanWormer were tired of the statistics showing how the majority of realtors were women, but most leadership roles in the sector were held by men. Real estate industry veterans help provide mentorship.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Seattle startup Nexme to be acquired by new real estate services company Finaya

GeekWire

Nexme , a Seattle-based startup that helps streamline tours for prospective homebuyers, announced Thursday it will be acquired by Finaya , a new real estate services company out of Silicon Valley. It raised a $500,000 seed round in 2020 and participated in WTIA’s Founder Cohort Program.

article thumbnail

Zillow restarts home-buying business, showing confidence in real estate amid ongoing pandemic

GeekWire

Zillow Group is resuming its Zillow Offers home-buying business, reflecting the company’s confidence in real estate despite the ongoing global pandemic. after pausing the program across 24 markets in March due to the coronavirus outbreak. Tucson, Ariz., Raleigh, N.C., and Charlotte, N.C. Dr. Regina Benjamin. .”

article thumbnail

Flyhomes buys tech from real estate startup backed by Sam Altman to fuel AI home search tool

GeekWire

(Flyhomes screenshot) Seattle startup Flyhomes is beefing up its real estate search capabilities with the acquisition of technology from ZeroDown , a San Francisco startup backed by OpenAI CEO Sam Altman that develops AI-fueled software for prospective homebuyers. And it’s betting that AI can help. states, and Washington D.C.

article thumbnail

Seattle real estate startup Flyhomes conducts more layoffs amid ‘worsening industry headwinds’

GeekWire

Flyhomes Photo) Seattle real estate startup Flyhomes has conducted another round of layoffs as the company faces what it calls “persistent and worsening industry headwinds.” It provides a Buy Before You Sell program that helps sellers buy and move into their next home before selling their current property.

article thumbnail

Zillow Group CEO Rich Barton on the ‘Great Reshuffling’ and a ‘tectonic shift’ in real estate

GeekWire

The online real estate giant on Thursday posted better than expected financial results for its second quarter with $768 million in revenue, up 28% year-over-year. ” Fellow Seattle real estate giant Redfin also beat estimates for its quarterly earnings last week as the U.S. Zillow Group CEO Rich Barton.