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Facebook launches sell button for groups

While millions of items are already being sold by way of Facebook groups, Facebook hasn’t done anything official to facilitate that – until now. (See our Global Classifieds Annual report for more on Facebook group marketplaces.) It’s not so much a revolutionary tool that helps consumers sell, but rather Facebook’s way of getting in on what has already been happening....

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Redfin nabs $71 million for expansion

Redfin has just landed $70.9 million funding led by Glynn Capital Management. The technology brokerage added 19 additional states to its coverage area in May, and plans to move into other areas by way of the new funds. Here’s the announcement: Redfin Announces $70.9 Million Investment Led by Large Institutional Investors Including Wellington Management Strong Growth, Performance and...

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TrueCar: $1.1 trillion U.S. 2014 auto sales

Both new and used cars and trucks are selling in the U.S. at higher prices, and used-vehicle inventories are increasing, according to comparison shopping site TrueCar. These are the primary factors in a boost to vehicle sales for the 2014 year. Here’s the announcement:  TrueCar projects combined revenue for new and used U.S. auto sales to top $1.1 trillion in 2014 Transactional prices up...

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AutoTrader.com adds DealerRater consumer reviews

AutoTrader.com sister site KBB.com has offered access to DealerRater consumer reviews of dealerships for more than a year now, and finally AutoTrader.com will do the same, by the end of December. The planned process  offers less transparency than consumers might like, however. This content is available to Classified Intelligence Report clients. Want to know more about becoming a client?...

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Imprev: finding agents more worrisome to brokers than finding clients

In a recent Imprev Thought Leader Survey of real estate brokers, nearly five times as many were primarily concerned about finding and retaining agents and other staff than were concerned about finding clients. Among the participants, 64 percent of whom were 51 or older, and only 12 percent of whom were 40 or younger, traditional word-of-mouth lead generation was highly valued by 86 percent and...

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Inman names final Startup Alley firms

blackjack games Inman Announces Remaining Companies to Participate in Startup Alley at Real Estate Connect NYC Emeryville, CA (December 11, 2014) – Inman®, the leader in independent real estate and technology news, announced that nine more companies will be exhibiting in Startup Alley, at Real Estate Connect® New York City, January 27-30. Twenty-three of the newest companies to enter the real...

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