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April 19.2025
3 Minutes Read

Ben Kinney's Place Acquires Remine: A Game-Changer for Real Estate Tech

Coins spilling from jar, representing Place Acquires Remine deal.

A Bold Move in Real Estate Tech: Place Acquires Remine

In a surprising turn of events in the real estate technology sphere, Ben Kinney's company, Place, has secured the acquisition of Remine for a mere $1.5 million in cash. This price tag is strikingly low compared to the $50 million that four major multiple listing services (MLS) had paid to acquire Remine just three and a half years ago. This deal, wrapping up within approximately two weeks, reveals not just financial shifts but also strategic ambitions within the burgeoning world of real estate solutions.

Keeping the Spirit of Remine Alive

Instead of paving the way for Remine's dissolution, Kinney, a co-founder of Place, assures that the company will continue to operate independently after the acquisition. He emphasized a commitment to retaining Remine’s existing employees and promising to invest significantly in its products and services. “Our goal is to expand Remine’s offerings to better serve MLSs, brokerages, and agents,” Kinney stated. This focus on growth reflects a relevant trend in the real estate industry where tech companies prioritize enhancing their service footprints.

The Competitive Landscape of Acquisitions

The auction witnessed a flurry of interest, with Kinney noting that there were "multiple bidders" involved, illustrating the competitive nature of the tech landscape in real estate. As Remine had a peak employment of about 60 workers, the reduction to 37 employees marks a significant transformation, indicative of wider industry adjustments that come with acquisitions. This dynamic serves as a reminder of the rapid evolution that technology and real estate companies face today.

Strategic Gains and Future Opportunities

Kinney's vision extends beyond mere acquisition; it's a gateway to broaden Place's technological capabilities. Previously defined as agent-focused, Place is now looking to delve deeper into the brokerage and MLS niches, aiming to redefine how real estate operations can benefit from advanced data and technology. As Kinney mentioned, this acquisition could redefine agents’ operational value, offering an even richer suite of tools for over 600,000 agents tied to Remine's network. Remine CEO Joe Kazzoun echoed similar sentiments, highlighting the newfound potential, stating, “Remine is leveling up.”

Embracing the Future Together

The collaboration between Place and Remine signifies a potential turning point in the real estate sphere, where technology and agent services come together to create robust solutions tailored for modern requirements. The integration will not disrupt existing service levels, a vital reassurance for Remine’s loyal clientele; instead, it promises deeper resources that can propel innovation at a much faster pace. As the real estate market continues to expand, the implications of such acquisitions will be felt far and wide.

Conclusion: The Power of Innovation

This acquisition underpins a significant cultural shift in real estate technology—one where agent support is paramount. The news sparks excitement for what lies ahead, and real estate professionals are encouraged to stay informed on developments. As Place continues to expand and innovate, it is crucial for agents, brokers, and MLSs to assess how these changes could impact their operations in a rapidly evolving market. Engage with your community and keep a pulse on these breakthroughs, as they are set to redefine the standards of service in real estate.

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12.25.2025

Unlocking Real Estate Success: The $92M Attention Lesson from Jake Paul

Update Lessons from Jake Paul: Attention as Currency in Real Estate Just recently, Jake Paul racked up an astonishing $92 million from a six-round boxing match against British boxer Anthony Joshua. While his accolades may not place him among boxing's elite, one thing is crystal clear—he has mastered the art of attention, a skill that can be invaluable in the real estate sector. In a field where deals often hinge on visibility, business strategies that prioritize getting noticed can lead to remarkable successes. Prioritizing Visibility: The Key to Real Estate Success In real estate, just like in boxing, the importance of visibility cannot be overstated. Many agents encounter a sad reality: their incredible negotiation skills or exceptional customer service go unnoticed while less knowledgeable competitors get all the attention. Why? Because those competitors are ubiquitous online. They’ve found ways to stay in the limelight, echoing the very same tactics that Jake Paul employs to keep himself in public view. Josh Ries, a real estate broker and consultant, emphasizes that attention is the first step in the sales funnel. Without it, maximizing potential deals becomes nearly impossible. For agents who still rely solely on referrals and repeat clients, it's high time to realize that in today's shifting market, such a passive approach simply won’t suffice. The Power of Relationships: Learning from Jake Paul's Strategy Attention can certainly generate interest, but to convert that interest into deals, agents must build relationships rooted in trust. One simple way to cultivate this trust is through consistency in content delivery. Consider the story of one agent who began doing weekly Facebook Live sessions. Initially, her efforts didn’t attract a large viewership, yet her persistence paid off. After several months, inquiries poured in from people who had been following her content, ready to buy. This illustrates the formula for success: attract attention, provide value, and build trust. Implementing Systems: Filtering Attention into Conversions Attention alone doesn’t seal the deal. Agents require an effective system that captures and nurtures leads. Crafting targeted content aimed at your ideal client demographic is vital. If you specialize in listings, share insights about pricing strategies and market trends. If you assist first-time buyers, curate educational resources that ease their process. A well-thought-out strategy not only attracts potential clients but also qualifies them before they even contact you. This is a critical insight drawn from another unbeaten business fighter like Jake Paul. His commercial triumphs hinge not just on appearing everywhere but also on strategically steering and nurturing his audience's expectations and connections. Tools for Success: Craft Your Visibility For aspiring agents, crafting a visibility strategy based on the attention principles observed in the boxing ring is essential. Whether through social media, video content, or email marketing, the goal is to create a recognizable and trusted brand. Don’t feel compelled to switch to platforms you’re uncomfortable with; choose the methods that resonate with you. Some thrive on vibrant videos while others express their strengths via written content. The key takeaway? Find what unabashedly works for you and go all in. Conclusion: Transforming Attention into Opportunity As the dusty streets of boxing ring strategies morph into business lessons, it becomes clear that attention is not just currency; it’s the lifeblood of modern real estate. Real estate agents must take cues from Jake Paul by boosting their visibility, creating meaningful relationships, and establishing reliable systems that convert inquiries into sales. Remember, in both boxing and real estate, it’s not always the most talented who come out on top, but those who understand how to stay visible and relevant. 2026 holds potential for growth in real estate. Make it your mission to harness the power of attention, build connections, and undergo the growth period your business deserves.

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