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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Internet real estate platforms surfaced around 1999 when technology advanced and statistics prove that more than 1 million homes were sold by the owners themselves in the United States alone in 2000. [1] Some of the primary Internet real estate platforms include Zillow, Trulia, Yahoo! Real Estate, Redfin and Realtor.com. [1]
In January 2017, REA Group acquired 14.7% of digital real estate marketing platform, Elara Technologies (Elara). [12] In June 2018, the company acquired 100% of Hometrack Australia, [13] a provider of property data services to the financial sector. In 2020, the company earned A$820.3 million in FY20 revenue. [14]
Coldwell Banker Real Estate LLC is an American real estate franchise owned by Anywhere Real Estate, with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco, [1] and has approximately 3000 offices in 49 countries and territories. [2] It publishes an annual house price guide, Home Listing Report.
Century 21 Real Estate LLC is an American real estate agent franchise company founded in 1971. The system consists of approximately 14,000 independently owned and operated franchised broker offices in 86 countries and territories worldwide with over 147,000 sales professionals. [2] Century 21 Real Estate is headquartered in Madison, New Jersey. [3]
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In January 2019, it was ranked 14th on Glassdoor's Best Places to Work. [75] In April 2019, Compass received a Webby Award for Best Real Estate Website. [76] In August 2019, it was named one of the Best Workplaces for Innovators by Fast Company. [77] Compass won the 2020 Webby Award in the real estate web category. [78]
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