Last week, as newly-minted real estate giant Opendoor settled into its Atlanta engineering, design, and operations hub, news outlets reported the company was seeking to raise another $200 million, this time at a $3.7 billion valuation. While valuation numbers can get sticky, here are the hard facts: in 2018, Opendoor expanded from six to 19 cities, […]
CommissionTrac, an Atlanta software startup helping streamline the operations of real estate brokerages, has closed a $1.15 million seed funding round. The startup now counts several commercial real estate brokerages and professionals as backers. Those investors include President and CEO of Colliers Atlanta Bob Matthews, President and Co-Owner of Hailey Realty Jay Young, Jr., and […]
The iBuyer market in the South continues to pick up steam. Most recently, a representative from real estate marketplace Zillow confirms that the company is looking to establish a regional headquarters for its Zillow Offers division in Atlanta. Zillow Offers is a relatively new service for the real estate tech company. It allows home sellers […]
Real estate tech started the year off with a bang, as home trade-in platform Knock closed a $400 million equity and debt financing round. Knock’s success began in their first market of Atlanta, where the company has two offices and almost half their employee base. The round, which the three-year-old company is labeling a Series […]
The next big issue in the political realm, particularly at the local level, could very well be housing affordability. In an increasingly-urban U.S., home prices are creeping up all over — though the recent debate over a “head tax” on tech companies shined a light on the homelessness epidemic in Silicon Valley, even places like […]