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Posts published in “purplebricks”

Purplebricks will exit California by Sept. 12

The embattled real estate brokerage notified authorities in California it will eliminate 55 employees and 68 independent sales agents. Source: Inman News

Why discount brokerages do a disservice to sellers

How are discount or flat-fee services a good option for sellers? They aren’t. Here’s why these “savings” are depleting sellers of proper exposure and the…

Is Purplebricks on the verge of being taken over?

Berlin-based Axel Springer publishes a number of European newspapers and also owns U.S.-based website Business Insider and its offshoots. The company previously invested $177 million in…

Inside the mass exodus at Purplebricks US

The U.K.-based discount brokerage launched in the U.S. in 2017 and has had a massive turnover in leadership roles in recent months. Source: Inman News

Reali raises $9M in funding round

Flat-fee brokerage Reali announced it has raised $9 million in its latest funding round, adding to the tens of millions of dollars the company has…