Tam  Le

Tam Le

Agent

License #: 02054577

Realty World - Dominion

Mobile:
408-476-4723
Office:
650-714-3680
Email Me

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Snapchat billionaire closes deal for Holmby Hills estate

USA Real Estate News-Inman - Mon, 2022-08-08 16:57
Evan Spiegel has completed the purchase of a second L.A. property. The two tracts will form a four-acre, $145 million estate lying across the street from the Playboy Mansion, according to reports.

Side’s Guy Gal: We’re organizing the boutique broker rebellion

USA Real Estate News-Inman - Mon, 2022-08-08 16:27
Big five brokerage brands are an evil empire that doesn't create value for agents or consumers and will ultimately be defeated, the company's co-founder and CEO said at Inman Connect Las Vegas.

Walkthrough woes: 7 things that cause pre-closing stress

USA Real Estate News-Inman - Mon, 2022-08-08 15:16
By the time buyers attend the final walkthrough, they may be stressed out and nitpicking. Broker Cara Ameer details the items that may set them off, along with ways to offset their frustrations.

Offerpad Posts $1.1 Billion in Revenue Growth in Q2

USA Real Estate News-RISMedia - Mon, 2022-08-08 14:04

Offerpad, one of the nation’s largest iBuyers, was in the black for its third consecutive quarter. The industry disruptor, currently valued at half a billion dollars, logged year-over-year revenue growth of 185%, totaling $1.1 billion. The Arizona-based company reported a net income increase of $11.6 million, or $0.04 per share, up 26% from the previous…

The post Offerpad Posts $1.1 Billion in Revenue Growth in Q2 appeared first on RISMedia.

Market Cooldown ‘Won’t Be Enough to Sink’ Redfin, Says CEO as Profits Dip in Q2

USA Real Estate News-RISMedia - Mon, 2022-08-08 14:03

Despite raking in $606.9 million in revenue, nearly a third more than last year, Seattle-based real estate brokerage Redfin saw gross profits dip by 6% in the second quarter of 2022. Net loss also ballooned from $27.9 million in the second quarter of 2021 to $78.1 million, bringing net loss per share to $0.73. Additionally,…

The post Market Cooldown ‘Won’t Be Enough to Sink’ Redfin, Says CEO as Profits Dip in Q2 appeared first on RISMedia.

Fathom Beats Revenue Targets, Aims to Cut Costs

USA Real Estate News-RISMedia - Mon, 2022-08-08 14:02

Tech-focused, full-service brokerage Fathom beat guidance on revenue this quarter, up 52% to take in $128.2 million, with big increases in its mortgage and tech business, though company executives also announced cost-cutting initiatives and joined a broader chorus across the industry in warning that there will likely be tough times ahead. Agents and transactions were…

The post Fathom Beats Revenue Targets, Aims to Cut Costs appeared first on RISMedia.

United Real Estate Expands National Network to Cover NYC and Long Island

USA Real Estate News-RISMedia - Mon, 2022-08-08 14:01

United Real Estate announced today its partnership and the newest member of its national network with United Real Estate | Fortune, based in Great Neck, New York. The move ushers United into New York State and the New York City area for the first time and expands its service footprint to one of the most…

The post United Real Estate Expands National Network to Cover NYC and Long Island appeared first on RISMedia.

Rocket Doubles Down on Brand Unity Amid Shifting Market and Lagging Q2 Profits

USA Real Estate News-RISMedia - Mon, 2022-08-08 14:00

With the mortgage industry in flux, Rocket Companies Inc., the parent of Rocket Mortgage and several other mortgage and finance companies, felt the sting of a changing lending environment, which showed in its latest earnings report. The Detroit-based company saw a sharp drop in its profits in the second quarter of 2022 after earning $1.4…

The post Rocket Doubles Down on Brand Unity Amid Shifting Market and Lagging Q2 Profits appeared first on RISMedia.

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