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Real Estate News
Town Residential ceases resale and leasing ops, shedding 400 agents
Fri, 20 Apr 2018 12:51:21
Manhattan brokerage Town Residential is eliminating its sales and leasing operations to zero in on international and new development, a spokesperson for the firm confirmed on Friday. The move will force more than 400 agents to find a new home. read more»

California agent charged with price gouging during NorCal fires
Fri, 20 Apr 2018 9:44:23
On April 16, California Attorney General Xavier Becerra filed three three misdemeanor charges against real estate agent Melissa “Missy” Echeverria for raising the price of a rental from $5,000 per month to $9,000 per month ... read more»

Wells Fargo hit with $1B fine in mortgage account scandal
Fri, 20 Apr 2018 7:03:47
Federal regulators on Friday hit banking giant Wells Fargo with a $1 billion fine for violations involving home mortgages and auto insurance. read more»

Parker Principle 12: Standing up to climate change
Fri, 20 Apr 2018 6:41:21
During our session, we spoke at length about disaster preparedness, stranded assets, rising home insurance rates, and the promise of new home technology — to each other. Out of the 150+ industry leaders who attended Disconnect, ours were the only two voices. read more»

HUD resumes its investigation into Facebook over discriminatory housing ads
Fri, 20 Apr 2018 5:30:16
Facebook is under investigation for housing discrimination, again. The Department of Housing and Urban Development (HUD) reopened an investigation into discriminatory housing advertisements on Facebook, according to a report in Gizmodo. read more»

The bold plan to rebuild the tech behind property listings across the U.S.
Fri, 20 Apr 2018 5:00:53
Eight of the nation's largest multiple listing services have committed to taking decisive steps toward streamlining the delivery of listing data for real estate agents and brokers. read more»

ListFlash wants to give pre-market listings the eyeballs they deserve
Fri, 20 Apr 2018 3:00:26
In an effort to increase pre-market listing exposure for its customers, ZipLogix has introduced a new product called listFlash, which gives agents a way to rapidly distribute new listings to brokerage colleagues before they land on the multiple listing service (MLS). It's a "coming soon" alert, in essence. read more»

10 steps for making the most of your open house
Fri, 20 Apr 2018 3:00:07
Before the internet completely redefined the real estate market, open houses were one of the most effective ways to showcase a home. By using the following tactics, you can improve the effectiveness of your open house ... read more»

5 new tax changes your investor clients will want to know
Fri, 20 Apr 2018 2:30:56
The new tax law or 2017 "Tax Cuts and Jobs Act" includes five changes that every real estate agent and broker should know for their serious real estate investor clients. Because real estate is all about building relationships, your education on these tax changes is a must for 2018 sales. And the more you know about the tax plan changes, the more likely you are to close deals with these high-end clients. read more»

Truth: Daily naps can change your life as an agent
Fri, 20 Apr 2018 2:15:01
“Cause Uptown Funk gon’ give it to you!” Ugh, it’s 4:50 a.m. — wake-up time. You’re probably thinking, “What if she falls back asleep?” Because the fear is real. But I know my weaknesses. I have four alarms set strategically with the final one at 6 a.m. that reads: “Making sure!” read more»

The Real Word: Zillow’s homebuying plan and NAR’s logo kerfuffle
Fri, 20 Apr 2018 2:00:25
Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll tackle Zillow becoming an iBuyer, NAR’s logo kerfuffle and the value of a buyer’s agent. read more»

Will iBuyers like Opendoor face a sudden backswing?
Thu, 19 Apr 2018 14:51:22
The newest technology-based companies trying to reinvent the housing-brokerage business are the iBuyers. All are trying to simplify the process of selling one home and buying another. All rely on faith among technologists that algorithms are clairvoyant, and among the public that anything on your phone is a good thing. read more»

Imagining urban utopia — America’s ‘perfect city’
Thu, 19 Apr 2018 14:20:06
YouTube channels Life Noggin and Real Engineering contemplate "the perfect city." read more»

6 ways agents can thrive in an AI-driven world
Thu, 19 Apr 2018 12:21:32
AI is an umbrella term for things like machine learning, facial recognition, speech recognition, computer vision, and natural language processing. But as fancy, and potentially scary, as those things sound, AI today is very narrow in that it is designed to accomplish a particular task and and is dependent on humans... read more»

Home prices surge nearly 9%, biggest growth spurt in 4 years: Redfin
Thu, 19 Apr 2018 9:09:49
Home prices soared last month, climbing 8.9 percent over March of last year with 23.9 percent of homes selling above list price. The jump was the biggest monthly growth in the past four years according to a new report from tech brokerage Redfin... read more»

Hawaii real estate community rallies around victims of disastrous flooding
Thu, 19 Apr 2018 8:25:46
After heavy rainfall from a storm of close to 28 inches on the island of Kauai, the North Shore community there was bowing under pressure to cope with mudslides, road closures and flooding. The deluge damaged dozens of homes in Hanalei, Wainiha, Haena and Anahola. read more»

How BHHS Fox & Roach is automating its ‘Coming Soon’ listings
Thu, 19 Apr 2018 7:52:53
Coming Soon is a feature on Zillow many agents find useful — although they have to pay Zillow thousands of dollars to take advantage. Berkshire Hathaway Home Services, Fox & Roach found a way to bring the feature to all its agents. read more»

Down payment crowdfunding platform HomeFundMe launches mobile app
Thu, 19 Apr 2018 7:30:35
HomeFundMe, the down payment assistance crowdfunding platform introduced by national mortgage banking firm CMG Financial last October, unveiled a new app for the platform Thursday morning available on both iOS and Android. read more»

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