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Redfin makes its big rental play with RentPath acquisition

Housing Wire

Seattle-based Redfin has agreed to pay $608 million in cash to acquire RentPath , though the deal still requires sign-off by the Federal Trade Commission and a bankruptcy court. Despite RentPath’s baggage, namely a $650 million bankruptcy restructuring , Redfin sees big traffic and lead-generation potential with the pending acquisition.

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Redfin-owned firm RentPath names new CEO

Housing Wire

Ziglar will oversee the integration of RentPath’s rental listings onto Redfin’s main site, while working with both property managers and consumers, according to Glenn Kelman, Redfin’s CEO. RentPath , a Redfin company, has appointed former ParkMobile CEO Jon Ziglar as chief executive officer, effective August 16.

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Most Brokerages Have Zero Counter-Cyclical Hedge

Notorious ROB

With the enormous amount of money they were making, they made significant investments into rental properties. This will be a quick one. Just had lunch with a friend and client who has been a broker for decades. We got to talking about what we both think is headed our way in the next several quarters. Things go up, then things go down.

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Estate Planning And Property Management: How To Protect Your Rental Houses

Rent, Buy & Sell

Rental properties are a form of real estate asset that you must also protect in your lifetime. When you already have several real estate properties such as your rental property, estate planning is the best way to protect it even after your death. Hire A Property Manager. Moreover, your property stays protected.

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Redfin to acquire RentPath for its apartment listings

Realty Biz

RentPath is the owner of several property websites, including ApartmentGuide.com, Rent.com, and Rentals.com. Redfin said it will pay $608 million in cash to acquire RentPath, which filed for bankruptcy in February 2020. If the deal goes ahead, it will enable RentPath to exit the Chapter 11 bankruptcy proceedings.

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How to Sell My House Fast in Des Moines: Cash Offer Options

HomeLight

Financial difficulties: Financial challenges such as foreclosure or bankruptcy may require you to sell your home quickly to alleviate financial stress. Inherited property: Managing an inherited home can be overwhelming, prompting many to opt for a quick sale. Receive your offer in 24 hours and close in as few as 10 days.

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11 Top Real Estate Safety Apps You Need to Know About

The Close

The bSafe app is an ideal real estate safety solution for agents who usually attend property showings and meetings alone. After all, statistics show that 85% of Realtors have shown a property alone. SafeShowings Best for: Property showings and open houses Cost: $4.99 Real Safe Agent Best for: Crime prevention Cost: $4.99

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