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Redfin to lay off 450 employees after inking new rentals partnership with Zillow Group

GeekWire

(GeekWire File Photo / Nat Levy) This story originally appeared on Real Estate News. ” Zillow is paying Redfin $100 million to secure the exclusive agreement, while Redfin estimates it will incur between $18 million and $21 million in expenses to restructure its rentals segment.

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20 powerful women shaping the networking industry

Network World

Two traits they share are a commitment to diversity and inclusion and active participation in organizations and programs championing women in tech. Fun fact: Centoni is Ciscos Executive Sponsor for the Women in Science and Engineering (WISE) program. Some have technical backgrounds; others have business or management degrees.

Network 390
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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.” The startup, which helps home-buyers secure purchases with all-cash offers, laid off an undisclosed number of employees in June.

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Redfin partners with security giant ADT for program that lets buyers tour homes without an agent

GeekWire

Redfin’s Direct Access program enables buyers to tour a home by unlocking the door via an app and connected smart lock. Tech tools such as video tours have increasingly helped power real estate transactions during the pandemic, decreasing the need for face-to-face interactions. Redfin Photo).

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‘Game changer’ partnership with Seattle Center could help struggling Pacific Science Center thrive

GeekWire

Joining forces, he said, will “create a tailwind and advocacy and awareness that will help us attract the investment that we need to sustain and grow our programming and to address the challenges with the facility.” The new partnership with the city is a “game changer,” said PacSci CEO Will Daugherty.

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Seattle startup Flyhomes lays off employees for third time amid real estate headwinds

GeekWire

Flyhomes Photo) Real estate startup Flyhomes is laying off employees for the third time in a year, citing an effort to focus on profitability amid the broader housing market downturn. Flyhomes, which helps home-buyers secure purchases with all-cash offers, laid off 20% of its employees in July.

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Scoop: Flyhomes acquires Loftium, combining two Seattle real estate tech companies

GeekWire

GeekWire File Photo / Monica Nickelsburg) Flyhomes is broadening its suite of home-buying tools by acquiring the host-to-own platform Loftium in a Seattle startup real estate deal. The acquisition comes at a time when the broader real estate market has been in flux due in part to rising interest rates.