AOL Real Estate | James' World 2

Online Real Estate Veteran Redfin Lands $50M From Tiger Global, Investment Giant T. Rowe Price As It Looks To Gain Market Share In The U.S.

November 14, 2013

Mohenjo Technical amazon, AOL Real Estate, “Price Whisperer”-like tools, business, Business News, Draper Fisher Jurvetson, fast-paced market, Globespan Capital Partners, Greylock Partners, Health, homebuyers and sellers, Hotels, human-rights, hundreds of potential buyers, looking for that special plac, market regains some life, medicine, mental-health, people selling their homes again, potential buyers, potential sellers get feedback, real estate brokerage, real estate brokerage Redfin, real estate market, real estate market regains some life, real-estate, Redfin, reduce the cost of the real estate search, research, Science, Science News, T. Rowe Price Associates., TechCrunch, technology, Technology News, technology-powered real estate, The Hillman Company, Tiger Global, travel, vacation, Vulcan Capital 1 Comment

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As the real estate market regains some life after an extended dip, people are beginning to get comfortable with the idea of selling their home again and, in turn, getting comfortable with looking around for that special place. To help in an increasingly fast-paced market, technology-powered real estate brokerage, Redfin, has been on a mission to help people not only find the right house, but to help potential sellers get feedback on the price of their home from hundreds of potential buyers.

On the heels of launching a series of these “Price Whisperer”-like tools that aim to reduce the cost of the real estate search process for both homebuyers and sellers, Redfin is doing a little price whispering of its own. The company today announced that it has raised $50 million in late-stage growth capital from a handful of investors, beginning with Tiger Global and T. Rowe Price Associates.

The new round, which also includes contributions from the company’s existing investors, like Greylock Partners, Draper Fisher Jurvetson, Vulcan Capital, Globespan Capital Partners and The Hillman Company, brings the company’s total funding to just under $100 million. In addition, from what we’ve been hearing from sources, the round values its online brokerage and search business in the ballpark of $500 million. Fortune also reported a similar valuation.

Click link below for article:

http://techcrunch.com/2013/11/13/online-real-estate-veteran-redfin-lands-50m-from-tiger-global-investment-giant-t-rowe-price-as-it-looks-to-gain-market-share-in-the-u-s/

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2nd Most Expensive Home Sale in U.S.? Silicon Valley Mansion Reportedly Snags $117.5 Million

March 4, 2013

Mohenjo Business advertising, amazon, AOL Real Estate, aviation, business, Environment, gaming, Hotels, house of the day, most expensive home sale in US, most expensive homes, most expensive homes in america, most expensive houses, real-estate, research, Science, Science News, second most expensive home sale in america, second most expensive home sale in US, shocking discovery, Silicon Valley, Stanley Kroenke, technology, Technology News, transportation, travel, vacation, Woodside california Leave a comment

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Our eyes nearly popped out of our heads when we saw the reported sale price of this Woodside, Calif., mega-mansion: $117.5 million! If it’s true, it would be the second most expensive home sale ever in the United States. (Billionaire Stanley Kroenke holds the No. 1 spot for his $132.5 million purchase of a Montana ranch last November.)

Bay Area blog SF Luxe came across the shocking discovery, pointing to public records on listings site Redfin showing the astronomical sale price of the 8,930-square-foot home in the middle of Silicon Valley.

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.Click link below for article:

http://realestate.aol.com/blog/2013/01/25/2nd-most-expensive-home-sale/

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Inside Look: Shelter Island’s ‘Maison Plastique’ (VIDEO)

October 25, 2012

Mohenjo Human Interest aol, AOL Real Estate, arts, aviation, beachfront rentals, business, cars, Gina Surerus Corcoran, inside look, luxury vacation rentals, Maison Plastique, Paul Aferiat, Peter Stamberg, research, Shelter Island, shelter islands, Stamberg Aferiat architects, summer getaway, technology, transportation, travel, unwritten rule, vacation, Video Leave a comment

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When did summer getaway homes become so generic? It’s like there was some sort of unwritten rule that demanded that all luxury beachfront rentals be so communally… vanilla. That is, until we got tipped off to this kaleidoscopically-hued summer contemporary named “Maison Plastique” in Shelter Island, N.Y.

With candy-colored exteriors — “It looks like some sort of toy,” our editor raved — and equally eclectic insides, we were sold even before we saw the vacation home in person. You wouldn’t believe how fast we hauled ourselves out of Manhattan and onto that ferry.