Where Real Estate Gets Its Dirt

EXp Realty crosses $1 billion market cap

EXp Realty crosses $1 billion market cap on first day of Nasdaq trading

““Today is a special day in our history, but also just like any other day in building a great company,” eXp World Holdings CEO Glenn Sanford said in response to a question about eXp Realty’s $1 billion milestone. “Our team is super focused on helping our agents, and our agents are staying super focused on working with their clients. I am really excited about where things have the potential to go as we mature as an organization and continue to scale.”

For comparison, Re/Max has a market cap of $944 million, Redfin is at $1.83 billion, and Realogy is at $3 billion.”

Amazing story. Congrats to Glenn and his team.

This ain’t your father’s Century 21

May’s cover of RIS Media’s REAL ESTATE Magazine…

More like this please…
#legit

REColorado and IRES end merger negotiations

From REColorado.com

REcolorado-IRES Merger Talks End

“For more than a year, the managements, Boards of Directors, and shareholders/members of both REcolorado and IRES have tried to move forward with a potential merger of the two MLS organizations. The parties could not reach agreement on a number of key terms. We appreciate the deep involvement of the shareholder/member associations of both REcolorado and IRES, and are not ruling out future discussions.”

From IRES MLS

IRES Subscriber Update May 22, 2018

After working for more than a year to find a mutually beneficial path to merge IRES and REColorado, we received a letter from REColorado’s CEO on May 21st stating REcolorado is terminating all merger negotiations.

We are both surprised and disappointed by this. In fact, we were discussing a meeting with some of the owners of REColorado to further the conversation just hours before receiving the letter of termination.”

You can just tell by the tone of each post how far apart they still are.

Marty Frame leaving RPR

Word on the street is Marty Frame, CTO President of RPR, is leaving the company before the end of the month.

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