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Seattle real estate startup Flyhomes conducts more layoffs amid ‘worsening industry headwinds’

GeekWire

Flyhomes Photo) Seattle real estate startup Flyhomes has conducted another round of layoffs as the company faces what it calls “persistent and worsening industry headwinds.” The startup, which helps home-buyers secure purchases with all-cash offers, laid off an undisclosed number of employees in June.

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Seattle startup Flyhomes lays off employees for third time amid real estate headwinds

GeekWire

Flyhomes Photo) Real estate startup Flyhomes is laying off employees for the third time in a year, citing an effort to focus on profitability amid the broader housing market downturn. Flyhomes, which helps home-buyers secure purchases with all-cash offers, laid off 20% of its employees in July.

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Scoop: Flyhomes acquires Loftium, combining two Seattle real estate tech companies

GeekWire

GeekWire File Photo / Monica Nickelsburg) Flyhomes is broadening its suite of home-buying tools by acquiring the host-to-own platform Loftium in a Seattle startup real estate deal. The acquisition comes at a time when the broader real estate market has been in flux due in part to rising interest rates.

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Redfin partners with security giant ADT for program that lets buyers tour homes without an agent

GeekWire

Redfin’s Direct Access program enables buyers to tour a home by unlocking the door via an app and connected smart lock. Tech tools such as video tours have increasingly helped power real estate transactions during the pandemic, decreasing the need for face-to-face interactions. Redfin Photo).

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Real estate startup Flyhomes aims to address homebuyer’s remorse with new guarantee

GeekWire

A remedy for homebuyer’s remorse: Real estate startup Flyhomes today unveiled a new offering called Flyhomes Guarantee for Buyers that gives clients a way to move out of a home they recently purchased. Buyers secure a short-term loan from Flyhomes, which provides the cash until its clients finalize their long-term mortgage.

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Tech Moves: Nordstrom names chief information security officer; Meta research scientist joins AI2

GeekWire

(Nordstrom Photo) — Nicole Ford joined Nordstrom as chief information security officer. Ford previously served as vice president and CISO at Rockwell Automation, with past experience leading security transformation initiatives and developing cybersecurity programs. Adrian Adams , Impel’s former CEO, resigned last month.

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Tech Moves: UW announces director for new DoD program; Microsoft vet joins EQT; and more

GeekWire

NSIN tapped Justin Dunnicliff as its university program director at the UW. NSIN tapped Justin Dunnicliff as its university program director at the UW. He’ll be based at the CoMotion, the university’s innovation hub, and will run programs including Hacking for Defense and Starts.