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There are no shortcuts, secret hacks or overnight success formulas, Jimmy Burgess writes. There are simply proven habits executed consistently over time.
Revenue fell 5.8 percent and U.S. agent count hit its lowest level in at least two years as shareholders prepare to vote Aug. 14 on the sale to The Real Brokerage.
The July jobs report fell below expectations. However, it could encourage the Fed to hold rates steady, potentially easing affordability.
A series of fast-moving wildfires tore through northwest Spokane Saturday, destroying hundreds of buildings and forcing evacuations.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Learn the latest on how to win in the current (and future) real estate market from some of the industry's biggest names.
Real estate is hyperlocal, and in a growing number of markets, buyers are gaining leverage as sellers compete harder to close a deal.
You don't need to dance on camera or chase trends, Marketing Director Kate Hulbert writes. You just need to consistently share information people are actually searching for.
A scene in the new "Odyssey" film reframes a 3,000-year-old myth, coach Darryl Davis writes, and it carries a warning for anyone building a business.
AI didn’t kill the real estate agent, but it may have created the next compliance headache for brokerages, MLSs and agents who are moving faster than their policies, disclosures and judgment can keep up, Troy Palmquist writes.
Rocket also believes the housing market will continue to sour amid high rates that will continue industry trend of consolidation. 'We expect to be a beneficiary of that,' CEO Varun Krishna said.
As HOA and insurance costs climb post-Surfside, Miami condo developers are turning to EB-5 investors — and Latin American buyers are leading the way.
New data from the Mortgage Bankers Association, Redfin and Zillow all suggest the housing market may have crescendoed in July.
The team, run by duo Chris and Meredith Marti, has been open for nine years. The Martis also own two real estate tech companies.
The real reason luxury sellers fire their agents is misalignment that exists from the moment the listing is taken, Cara Ameer writes.
Real Brokerage reported 30 percent revenue growth and a record cash position in the second quarter, with agent count and transactions both climbing as the company heads toward an Aug. 14 shareholder vote on its pending REMAX acquisition.
Realtor.com parent company Move's revenue moved up 11 percent to $610 million, marking a seven-quarter growth streak.
To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent.
If it feels impossible to start and consistently maintain a mindfulness habit, Aaron Hendon offers ways to incorporate it into what you're already doing.
Should real estate agents trust the AI app DeepSeek? Trainer Bernice Ross examines the benefits and data privacy concerns.
From Nike’s success to Poppi’s backlash, Jessi Healey unpacks the biggest Super Bowl ad takeaways and why understanding media literacy is more important than ever.
Luxury listings need more than good photos and online listings to sell, Coldwell Banker Warburg's Kevelyn Guzman writes. They need an approach that combines strategy and creativity.
It's hard to tell fact vs. fiction these days. Get the tools and tips for becoming a smart agent who can spot fake news, deepfakes and misinformation a mile away with trainer Rachael Hite.
Roughly a year after securing $53 million in a Series B round of funding, Higharc has delivered an AI upgrade to its homebuilding software.
The U.S. Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday.
After posting $33 million in profit in 2024, PHH Mortgage's parent company said Thursday it will invest further in loan servicing and the originations technology that handles a majority of its customer inquires.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding and market strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.
Spiraling over the latest news reports? Check out Christy Murdock’s five tips for keeping up without freaking out.
Think you know it all? Jimmy Burgess shares the insights you can glean from working with younger Gen-Z and millennial real estate agents.
This Valentine’s Day, fall head over heels for real estate conferences. Team leaders Christian and Ashley Harris share how they discovered opportunity, relationships — and love — at live events.
Lawyers Michael Betz and Grayson Marshall III said in a court filing on Wednesday that the brothers had failed to pay outstanding invoices billed to them and that their representation was made "unreasonably difficult" by the fact that they are incarcerated.
The 2,385-square-foot home, set on 1.1 acres, may not look like a luxury property at first glance, but its soaring sale price tells a different story. The estate, located at 284 Forest Drive South, hit the market on Dec. 13 for $1.1 million and went under contract a short week later.
Tune in to Inman Access to get your mindset right. Let Jimmy Burgess help you earn more, achieve more and build the business of your dreams.
Airbnb said it would spend over $200 million on unspecified investments this year as it looks to continue its post-pandemic boom. The company reported revenue has tripled since it went public in 2020.
Each of these actions, Debra Trappen writes, offers a meaningful way to connect with your community and contribute to a more resilient, compassionate and prosperous world.
Realtor.com selected Rental Beast to power an online rental application, lease processing and applicant experience initiative, making a strong statement about the impact of renters on the current market.
Private mortgage insurers are hoping to head off another FHA premium cut, like the 35 percent reduction approved last year by the Biden administration that's project to save homebuyers $5.1 billion over 10 years.
As NAR's members and leaders met up, the industry's biggest question marks took center stage amid a mix of opinions and perspectives.
As "Yellowstone" sunsets this year, Inman took a look at some of the factors that have contributed to the "luxurification" of Western resort towns and asked agents about finding market balance for the haves and have-nots.
The 52-story hotel at 57 East 57th Street had been shuttered during the pandemic, with the property temporarily repurposed to house first responders, only to later have its staff furloughed. However, the reason for its extended closure remains undisclosed, though reports suggest ongoing disputes between Warner and the Four Seasons Hotels and Resorts Management company, which manages the properties.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
While a systems reset might seem like a big undertaking, coach Darryl Davis writes, it’s also one of the most empowering moves you can make.
If you want a positive review, writes mega-team leader Carl Medford, you need to earn it by far surpassing clients' expectations and communicating with them about the review process.
It’s not about avoiding challenges, Ojo's Chris Heller writes. It’s about embracing them as opportunities to grow, improve and lead.
Daimler had been president of the mega-portal since early 2021. She previously held the roles of senior vice president and GM at Zillow.
A judge has denied the brokerage's request for a stay in the Gibson case, saying a tactic the company is accused of using to settle a different suit involves a "collusive element."
Rating agencies are keeping a close eye on whether politicians in the nation's polarized Capitol will rise to challenges including the rising national debt, looming debt ceiling and inflation.
Commissions haven't changed much since the NAR settlement terms went into effect, but early signs show where things may be heading, dueling surveys by AccountTECH and Inman Intel show.
The companies that can afford to, including Zillow, are aggressively growing MLO headcount in order to capture future market share, Mike DelPrete writes.
Tune in to Inman Access, and learn how to transform long-form content into 18-20 bite-sized, high-impact pieces for your social media channels.
Mortgage discrimination and appraisal bias are eroding Black homeownership gains, according to the National Association of Real Estate Brokers' State of Housing in Black America.
The Lutz case names HomeServices of America and Douglas Elliman as defendants. A new filing would add 31 additional plaintiffs — some of whom are involved in other cases.
Fathom Holdings has announced Samantha Giuggio as Fathom Realty president and Fathom Holdings chief operations officer and Jon Gwin's appointment as chief revenue officer.
The antitrust lawsuit filed by broker John Diaz in U.S. District Court in Los Angeles claims the membership agreement creates "an anti-competitive monopoly over MLS services."
Find out how this managing partner combines white-glove service and a passion for teaching and mentoring agents to create a "culture of success" within his team.
Coach Verl Workman shares how you can identify listing partners who will enhance your team’s performance, attract more clients and drive successful property sales.
What doesn’t kill us makes us stronger, Real's Jimmy Burgess writes. Be more prepared than ever to see life-changing growth in your business in the coming year.
Sponsoring a local sports team is about more than name recognition and mindshare, CEO Steve Kloetsch writes. It can provide tangible benefits for your lead generation, recruitment and retention goals.
Metaphors and analogies help you communicate with clarity, confidence and compassion, coach Darryl Davis writes, turning conversations into connections and objections into opportunities.
The relatively new team made up of seasoned professionals has already made a big splash in Atlanta, ranking as the No. 5 medium team by sales volume, according to RealTrends.
October Consumer Price Index report isn't having a big impact on mortgage rates, as investors who fund most home loans doubt the Fed will have much room to bring rates down next year.
The bill shifts the responsibility for broker fees from renters to property owners in hopes of easing affordability woes. However, opponents of the bill say it will only raise costs for renters in the long run.
Having pivoted from refinancing to purchase loans, CEO Vishal Garg says investment in AI technology and partnerships with retailers like NEO Home Loans will fuel cost-effective growth.
During the first nine months of the year, Matterport pulled in a total of $125.8 million in revenue. Most of that is from recurring services and subscriptions.
Inman contributor Gerard Splendore explores how kitchens and bathrooms have evolved through the decades, reflecting key historical shifts and design trends.
U.S. President-elect Donald Trump has appointed longtime ally and real estate investor Steven Witkoff as his Special Envoy to the Middle East, his team announced on Tuesday.
Changes to industry rules and regulations? Economic hurdles? What's the biggest challenge you're facing right now, and what do you plan to do about it?
Understanding different periods of design and architecture will give agents an advantage with clients, both sellers and buyers, Gerard Splendore writes. In the 1920s, kitchens were geared toward food preparation and serving, less so for storage and may lack cabinet space.
You are the CEO of your own business, broker Zak Shellhammer writes. Prepare yourself with a business plan, clear goals and a positive and productive mindset.
NAR's board of directors and Executive Committee voted on a slew of proposals at NXT on Monday. But it was one involving NAR's counterpart to the north that drew the most discussion.
Looking beyond paper writedowns in the fair value of its mortgage servicing rights, CEO Varun Krishna is pleased as Q3 mortgage originations climb 28 percent from a year ago.
Survey finds lenders that have remained staffed up and invested in digital processes that streamline the mortgage process are crushing their competitors on customer satisfaction.
Contracts law professor Tanya Monestier, an objector in the NAR settlement, described Judge Stephen Bough's order compelling objectors to appear in person as a "glaring appellate issue."
Sam DeLay and Cole Billings led the No. 2 team in Bend for volume among medium teams and No. 1 for sides with 112 last year. They're launching their brokerage on the Side platform.
Compass Resort aims to provide referrals, collaboration and other resources to agents who work with clients focused on vacation properties and secondary homes.
While a new coat of paint can transform a home, it can also work against you if the colors don’t resonate with potential buyers. According to a report from Fixr, the 2024 paint color trends are in, and listing agents are weighing in on how certain hues can impact a home’s value.
Sitting an open house for a listing agent is a "golden opportunity" to generate leads and practice your home-showing skills with potential buyers, Realtor Jonathan Pressman writes.
Corcoran The Baja Real Estate Co., owned and led by Blake Harrington, has joined the brokerage's network and will serve the greater Cabo San Lucas market.
Stuart Siegel, the Americas chief strategy officer, will serve as interim president and CEO until a permanent replacement has been found for Hitt, who has served with the luxury brand since 2010.
Florida-based community bank sells its Houston branches to MidFirst Bank, but growing mortgage subsidiary Amerant Mortgage has a presence in most states.
Approved handily, the proposal was one of 11 from NAR's Culture Transformation Commission, a group founded a year ago in the wake of accusations of harassment, intimidation and retaliation.
Secret profits, deceitful acts or undisclosed compensation by Realtors could lead to action from multiple enforcement bodies, including NAR, MLSs and state regulators, Summer Goralik writes.
In the wake of the National Association of Realtors' 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows.
Carl Medford analyzes the new Opportunity Report to see what it means for organized real estate, state regulatory agencies and key stakeholders in the second part of his series.
Bringing the focus back to the local level isn't just good for your real estate business, trainer Bernice Ross writes. It's good for healing the political divisions exacerbated by this year's election.
As the new year approaches, bringing fresh resolutions, it also ushers in innovations poised to shape modern homes. In a recent report, Zillow shared data-driven predictions for trends that will blend technology with comfort, sustainability and climate resilience in 2025.
At the National Association of Realtors' annual conference, CEO Nykia Wright emphasized the need to rebuild its relationships with large brokerages and doubled down on NAR's governance.
The California Association of Realtors has installed its 2025 team, including a new president, president-elect and treasurer. The leaders will work alongside CAR CEO Phil Hawkins for the next year.
Fifth Wall led Fractional's funding, which brings its total funding to date to $20.55 million. The funds will be used to expand the product, hire and broaden its education initiatives.
Planning for the future and promoting accessible, inclusive infrastructure keeps senior adults connected to their communities, Rachael Hite writes.
Ye's new mansion spans about 20,000 square feet and sits on about seven acres. The property last sold for $24.5 million in 2022.
Described by Compass agent Josh Flagg as “one of the finest residences in the United States” in a statement obtained by the New York Post, the home certainly lives up to its reputation. It spans 40,000 square feet across 60 rooms, including 7 bedrooms and 20 bathrooms, and sits on an 8.4-acre lot at 10644 Bellagio Road.
TAN CEO: "NAR is the architect and promoter of the disastrous Clear Cooperation Policy and is the only party with the power to rescind it"
A "culture of fear and retaliation" has damaged eXp World Holdings' image, goodwill and monetary performance amid several sexual assault lawsuits, two shareholders claim in a suit filed Wednesday.
The group has consistently closed about $120 million in annual sales, primarily in the Jupiter and Palm Beach Gardens areas.
John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri.
The Tracy Tutor Team founder told Inman about her recent transition into Texas, market challenges and her thoughts on hot-button industry issues like the Clear Cooperation policy.
Learn more about this Texas real estate leader, his passion for building connections, and how he extends his service-minded approach to the consumers and clients he serves.
Team leadership coach Verl Workman offers step-by-step strategies for building and maintaining an effective and productive real estate team.
As the world becomes more connected, it's time to explore the opportunities that international markets may have to offer both you and your clients, The Agency's founder and CEO writes.
Discover five essential strategies to stay ahead as clients and the real estate market evolve. Chris Pollinger shares expert insights on how to adapt and thrive.
DropOffer deploys an artificial intelligence component to support the buyer in their pursuit of the right home, a feature that provides deep market and property analysis for the user to support their outreach and potential offer.
Purchase loan applications are up 9 percent from a year ago, as inventories of new and existing homes increase and lower mortgage rates help with affordability: MBA.
Although it's a wholesaler that doesn't work directly with consumers, UWM has rolled out AI tools this year to help mortgage brokers serve both homebuyers and homeowners who might benefit from refinancing.
Communities are just beginning a long road to recovery. Reference this list of resources to learn where to donate money or supplies or sign up to volunteer.
Dana Bennett, who worked for Colorado's largest multiple listing service for over a decade before leaving last year, will begin serving immediately.
New CEO Nykia Wright told NAR's board of directors the trade group's next step will be to develop a "comprehensive" litigation strategy and size up any additional legal exposure related to its rules.
The case was one of a handful of legal challenges in multiple states faced by the sale-leaseback platform that was founded in 2016.
The WeWork founder had been set to focus on apartments with a new mysterious company called Flow. He has since added the condos and invested in an Israeli real estate firm.
Two-and-a-half hours from Seattle, Quincy has become the top Airbnb destination in the US. The 8,225-person town is known for its wineries, music and outdoor attractions.
A company called Aika says it paid $10 million in kickbacks to the SERHANT. president while he was still at Keller Williams. But Team contends the story is part of Aika's effort to get out of paying its bills.
Realtor.com’s newest feature is made possible through an integration with a third party data visualization company called TopHap. The application delivers socioeconomic and environmental insights through a dynamic map interface.
Fifteen MLSs and 13 brokerages that chose to opt-in to NAR's commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450 million.
Whether it was exciting or scary, what was the moment that made it clear you were all grown up and not a newbie agent any longer?
The Texas-based Spyglass Realty broker-owner spoke to Inman ahead of Austin Connect on Oct. 9, where he'll emphasize the importance of agent training and buyer representation agreements.
It's much easier to keep great tenants than to find them in the first place. That's why an effective retention strategy is essential for multifamily investors, Michael Zaransky writes.
Taking on the requirements and challenges of renovating and selling an historic home is not for the faint of heart, LA's Craig Spano writes, but the rewards make it all worthwhile.
Implement the knowledge you already have to increase your income and grow your wealth as a real estate investor, investor and new Inman contributor Avery Carl writes.
The company has hired Selim Freiha to serve as its chief financial officer and Shrisha Radhakrishna to serve as its chief technology and product officer.
Kalispell, Montana-based Mann Mortgage, which operated branches in states throughout the West and Southeast, had tangled with regulators in Idaho and Washington.
After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving.
The suit names Equity Realtors, HomeSmart International and Fathom Realty as defendants. It also describes NAR as a co-conspirator, but doesn't name the organization as a defendant.
After 24 years of running an illegal escort service, mother-son crime duo Margareta von Lambert and Christopher Jelavic have been busted for using von Lambert's real estate and art businesses to launder their profits. Von Lambert, 70, and Jelavic, 48, were arrested on Sept. 11, several days after attempting to charter a flight to Brazil.
A Hawaii homeowner finds himself in hot water after his oceanfront home on Oahu’s North Shore collapsed into the ocean. Now the state is demanding he cover the cleanup costs.
Digital twin creator Matterport introduced a new lineup of property marketing features to enrich its appeal as a more accessible resource for listing agents and brokers, including a de-furnishing tool and an artificial intelligence listing description tool.
Nearly a hundred real estate professionals shared their thoughts on NAR's Clear Cooperation Policy with Inman, revealing a schism between supporters and opponents of the controversial rule.
Compliance expert Summer Goralik tackles why the commission-splitting debate remains unresolved and whether listing agreements should still include buyer agent compensation fields.
Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue.
Like a car that was going 100 mph and has slowed down to 70 mph, Moreland Properties COO and broker of record says it's "very healthy" that homes are taking a little longer to sell.
Organization and authenticity are key to effective networking. Broker and coach Zak Shellhammer offers tips for making connections count.
An effective plan for time management allows you to focus on the things that matter most to you, both personally and professionally, Keller Williams' Julia Lashay Israel writes.
Marketing strategist Molly McKinley shares how brokers, team leaders and agents all over are adapting and adjusting to the post-commission settlement changes.
University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.
Former Google chief executive Eric Schmidt is reportedly interested in the $137.5 million home, but the property can't be sold until a bizarre claim to the deed allegedly involving a web of Donald Trump, Steven Mnuchin, Erika Girardi's ex-husband and more is resolved in the court system.
When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review will save $8 million while raising customer satisfaction scores.
The California Association of Realtors expects existing single-family home sales to reach more than 300K units by the end of 2025. Active inventory is due for a 10 percent boost as well.
Some of the areas worst hit by the storm were in more remote western North Carolina mountain towns, like Asheville, where more than 40 people died, and where communities were cut off from cell and internet services, as well as water and power.
News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was rejected by the UK portal's board of directors.
In the midst of the LGBTQ+ Alliance’s third annual in-person conference, incoming 2025 President Justin “JZ” Ziegler talked with Inman about the anti-LGBTQ+ political climate, the organization’s future and how to become an ally.
The national brokerage is making its start in Southern California and has been created through a partnership with mortgage service provider Barrett Financial Group, The Agency has informed Inman.
In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday.
The tool will let real estate consumers search using everyday language. It's also designed to provide better, more insightful leads to Howard Hanna.
Most real estate professionals say little has changed since new commission rules went into effect in August. But for a smaller group, the changes have unleashed a completely different experience.
As 2025 approaches, Ophir Adar writes, many real estate agents are wondering how to thrive in a rapidly changing market. The key to success lies with your focus, mindset and ultimately, your results.
Too often, women turn on each other instead of lifting each other up, Rachael Hite writes. Let's stop looking for ways to criticize our fellow agents for how they look or what they wear.
Team lead Jen Berbas writes that taking into account the client perspective and experience at every stage of the transaction allows you to optimize their process and outcome.
Entrepreneurs aligned with a major network, like RE/MAX, can leverage a brand consumers know and trust.
Coldwell Banker Vice President of Marketing Brandon Newman shares tips for agents building a personal brand.
Ahead of Inman Connect Austin, Realtor.com Chief Economist Danielle Hale talks mortgage rates, affordability, and when agents and consumers might reach the light at the end of the tunnel.
It seems everyone's talking about Clear Cooperation these days. Is the policy a power grab from NAR and the MLSs or a sincere effort to level the playing field for buyers?
Broker Pam Blair shares how your leadership style can impact the rest of your pack and what you can learn from the animal world to make you more effective.
As Helene progressed from a hurricane to a tropical storm to a post-tropical cyclone on Friday, agents got into gear serving as a resource for clients, while dealing with high winds and flooding.
CEO Marco Fregenal says fresh capital will help brokerage fast-track planned agent and transaction growth, with a focus on targeted walkovers and acquisitions.
With inflation continuing to inch closer to the Fed's 2 percent goal in August, bond market investors are getting more confident that the central bank will continue to cut rates aggressively in November.
Joseph Burks bought the nation’s 16th-largest MLS on Friday, buying shares from Denver Metro Association of Realtors and South Metro Denver Realtors Association.
The intent of Sonar is to create a vertical user experience to flatten the process for creating, working and delivering mortgage products.
Douglas Elliman real estate agent and reality TV star Kendra Wilkinson has announced her return to real estate after taking a brief mental health break, "People" Magazine reported on Friday.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
You've narrowed down the field from the sweet 16. Now it's time to decide which vehicle reigns supreme in our agent auto showdown.
Compass on Thursday reiterated its call to ditch NAR's pocket listing rule. But documents newly obtained by Inman also show that Anywhere shares some of Compass' concerns.
Ready to improve your knowledge and take on some new ideas? Marketing tech expert Stacie Kimberlain offers a list of essential books just right for the current market.
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: Newly built single-family homes.
Powerhouse luxury and celebrity real estate authority Kofi Nartey offers tips from upscale brands like Louis Vuitton and the Ritz-Carlton on how luxury real estate agents can deliver exceptional client experiences.
Flika users swipe right on homes they like, and left on those they don’t. The app stands out for its consumer-heavy feel and experience, like it could be as easily helping a person find a new pair of sneakers.
Don't discourage your sellers from talking to FHA, VA, USDA or DPA buyers, fair housing advocate Dr. Lee Davenport writes. Help facilitate both a timely sale and greater affordability.
Business has largely continued as usual with 63 percent of agents reporting that sellers are "frequently" covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents.
Two companies in the pre-sale home renovation business, BOSSCAT and HouseAmp, agree to work together to streamline services.
Consumer goods magnate Anand Khubani has bought three parcels on La Gorce Island from the trust of the late Dr. M. Lee Pearce, marking the priciest deal in Miami-Dade County so far this year.
Pending home sales edged up 0.6 percent in August, as declining mortgage rates made home purchases more affordable, according to data released Thursday by the National Association of Realtors.
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding and marketing strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.
"NAR is about to get a wake up call," the Moreland Properties agent told Inman in an interview that touched on Austin's growing pains and NAR's future ahead of his talk at Connect Austin in October.
Rayse, which the company has positioned as a way of "pushing back against the settlements," is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins.
Learn more about this Indiana broker-owner, and find out about the "disastrous" experience that pushed her to get her real estate license and become a true residential expert.
An environment where the fed funds rate is being cut instead of raised has historically been better for the real estate industry. Now is the time for agents to become the resource for information and professionalism.
Whether you characterize them as "reasons" or "explanations," excuses undermine your credibility and weaken your intentions, trainer Bernice Ross writes. Find out how to stop making excuses so you can maximize your professional performance.
When you're on the go, and using public Wi-Fi, you can open yourself up to security breaches. Security expert Robert Siciliano offers best practices for protecting yourself and your information.
More than 100 homes have already been razed to make room for shipping warehouses. But a judge last week ruled that the county violated environmental regulations when it approved the project.
At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Avenue.
Murdoch's Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK's largest real estate portal.
WAV Group is seeking feedback from agents on the fate of the policy in a new survey ahead of the National Association of Realtors' Emerging Issues Advisory Board committee meeting Sept. 12-13.
Selling real estate under the new commission rules is like playing Red Light, Green Light on a tightrope, bicoastal agent Cara Ameer writes. Here’s how her business has been since the change.
Anthony Lamacchia said threats of severe penalties for commission violations leveled by plaintiffs lawyer Michael Ketchmark and Consumer Advocates in American Real Estate are "unnecessary."
At the flagship Inman Connect New York in 2025 and Austin Connect this October, discover how building a robust referral network can revolutionize and future-proof your real estate business.
Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they've been all year heading into the NAR settlement era, according to Intel's Client Pipeline Tracker.
The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether listing agents can mention buyer’s agent compensation in the private remarks on the MLS.
Ditch these six common time management myths, and pick up as many of these 10 proven strategies from author and coach Bernice Ross, and you’ll find more time in your day to day.
Shawn Tate believes that it is imperative to put your clients’ needs first. Learn how this luxury leader is making an impact.
Do we still want to work like it's 1999? No, that's why agents need to ask themselves what they really want their work, life and compensation to look like moving forward, Rachael Hite writes.
PCE price index shows inflation continued to cool in July, but at a gentle enough pace that Fed policymakers are now seen as likely to only bring rates down by a hair in September.
Treasury Secretary Janet Yellen said the new reporting rules will "close critical loopholes in the U.S. financial system" that had allowed criminals to launder money through all-cash residential real estate transactions.
The iconic Flatiron Building in Manhattan is set to undergo a transformation from outdated office spaces to luxury residences and retail, according to new building plans revealed earlier this week.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Landian, a flat-fee and à la carte platform, offers $49 tours and $199 for written offers to sellers, but the real bombshell may be Sitzer's involvement so soon after the $5B Sitzer | Burnett verdict.
Tether RE's platform includes 24-hour safety monitoring, client verification, SOS alerts, proximity safety times and fall and crash alerts. Agent social MLS app Tuesday won Crowd Favorite.
The case dates back to a 2020 settlement between NAR and the DOJ, and to the DOJ's 2021 attempt to withdraw from that settlement — something NAR is trying to block.
New Inman contributor Kashif Ansari digs into the National Association of Realtors' annual report on international buyers.
The settlement has changed a lot, but consumers still need agents, Amy Corr writes. Stay confident, listen to potential clients, be the advisor they need, and you will thrive.
Buyers are more stressed out than ever. Jimmy Burgess shares a plan to help you help your buyer clients and earn their trust.
Find out what tech expert Craig Rowe thinks about Proptexx, an application that allows buyers to instantly remodel a room with AI-based interior design tools.
Real Grader, a 2023 member of NAR REACH, offers a solution that measures the social reach of agents, as well as their impact on business research sites like Google My Business and LinkedIn.
Homebuyer anxiety around prices and the election precipitated the fall as the National Association of Realtors' Pending Home Sales Index declined 5.5 percent, to 70.2, the lowest index reading in 23 years.
The changes to how real estate commissions are advertised and sourced as a result of the National Association of Realtors’ proposed settlement has led to the creation of Shay, an application to help homebuyers avoid the traditional sales model.
Wright has served as NAR’s interim CEO since November after she replaced Bob Goldberg. She was instantly thrust into leading an organization in turmoil.
Be prepared for a listing appointment at a moment’s notice. Have the tools at your fingertips, take notes, build connections, and stay focused on what’s best for the seller, Bernice Ross writes this week.
New rules stemming from the National Association of Realtors' landmark commission settlement went into effect Saturday. Inman is tracking the impacts of those rules in real time.
How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped.
Now that the "New Normal" has officially begun, it's time to answer the frequently asked questions agents and brokerages have about the newly implemented commission settlement rule changes.
In a phone interview, lead plaintiffs' counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow's business model, and the "monster case" that remains.
Steep fines can stack up and can swiftly put you in a sticky situation, but what's worse is when it's your competition turning you in. Trainer Rachael Hite tells you how to stay on the right side of the rules.
Join VESTAPLUS Vice President of Sales and Marketing Kelly Robinson and Product Manager Jonnathan Rivas for an exclusive tour of their top MLS products.
If you’ve been on the fence about leaning into producing YouTube videos for your business, now is the time to commit, Jimmy Burgess writes. Follow this blueprint, and you will have success.
The best real estate agents will thrive, the profession will be elevated, rot will be removed and the brands that are built on trust and integrity will rise to the top, Inman founder Brad Inman writes.
NAR buckles up for a new legal brouhaha as Michigan agents and brokers head to court over "compulsory" Realtor membership to access the MLS after removing "guaranteed broker commission."
The new rules are the result of the National Association of Realtors' major antitrust settlement. They're poised to change how agents are paid and how real estate consumers search for homes.
Vice President Kamala Harris unveiled the housing policy for a Harris-Walz Administration at a campaign stop on Friday. Her first priority? Pulling the reins on institutional investors and rental management platforms.
The fraudster who once self-identified as "the one who creates trouble" has been unmasked by the Department of Justice as 53-year-old Lisa Jeanine Findley. Prosecutors said Findley has gone by several aliases over the years.
A record 8.5 percent of all U.S. homes are worth $1 million or more, up from 7.6 percent last year and 4 percent before the pandemic, according to a new Redfin analysis. California is adding them faster than other states.
Luxury auction expert Chad Roffers shares why luxury branded residences are becoming the latest way for high-end brands to bring their touch to every aspect of the luxe life.
Mastering a niche makes you more valuable in the eyes of consumers, senior real estate expert Nikki Buckelew writes, and it will make selling real estate a far more interesting and enjoyable career.
Two days before the implementation of new cooperative compensation rules, Redfin CEO Glenn Kelman explained what the changes will mean for consumers and the industry at-large.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
In an exclusive interview with Inman, Highnote founder and CEO Mark Choey unveiled his company's latest products aimed at helping agents "win buyers" in a post-settlement world.
Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It's a brave new world, and it begins this weekend.
With a comprehensive compensation plan in hand, Cassie Walker Johnson writes, you'll not only comply with the new buyer representation regulations but also ensure you close with a check in hand.
A number of unique software products have emerged in 2024, which is proving to be a pivotal year for the industry. From AI search to AI sales coaching, a number of innovators have the chance to make waves before the year is out.
Renovations don't just apply to your home, the Better Homes and Gardens Real Estate president writes. They can also apply to your professiona and personal endeavors.
President and CEO of Anywhere Brands Sue Yannaccone offers advice and perspective for the professional changes ahead.
With all the commission confusion surrounding the new rule implementation, compliance expert Summer Goralik answers your burning questions.
Olympic gold medalist Simone Biles isn't sitting back and relaxing after a successful run at the 2024 Paris Olympic Games. Now that the gymnast is back in Texas, she is returning to the ongoing construction of her dream mansion.
The association aims to offer an alternative to NAR and is launching its membership program when there is a "lot of dissatisfaction with the status quo," according to one co-founder.
In an interview with NextHome CEO James Dwiggins, NAR interim CEO Nykia Wright urged members to lean back into engaging the 1.5 million-member trade organization
The team that founded EasyKnock-acquired power buyer Ribbon has launched Indigo, an artificial intelligence-powered transaction management and home search platform. The platform is only available in Charlotte and is free to use until Oct. 1.
The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis.
This fall, Texas-sized opportunities await you at Inman Connect Austin 2024, where the stars of real estate align with the Lone Star State's unstoppable market on Oct. 8-9, 2024.
Learn how these leaders of the fastest growing brokerage in the state of Michigan maintain their commitment to agent quality and organic growth.
Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll.
Your leadership defines your legacy, especially in the face of industry challenges. Luxury consultant Chris Pollinger offers a team-building prescription for tough times.
Meeting and exceeding client expectations, mega team leader Carl Medford writes, means making sure you're communicating with them and helping them understand their transaction process.
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who's up and who's down.
Industry veteran Alex Perriello says that to fix the affordability problem in America, agents need to get involved, and smart tax incentives need to be offered.
Since launching in 2021 as the "Stripe of real estate" providing technology and funding to proptechs, Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business.
Investors see a September rate cut as a certainty, but the latest inflation data suggests recession fears are overblown and the Fed will start out with a modest, 25-basis point reduction.
The "Kendra Sells Hollywood" star is ranked among the top 75 individual brokers in New York City and the top 0.5 percent of brokers in the U.S.
Four leading Keller Williams owners share the key to creating a lead generation strategy that yields offers that homesellers can't resist.
Teachers can now afford 47.9 percent of rental apartments within commuting distance of their schools, an increase from 40.7 percent the previous year, Redfin reported on Wednesday.
The nation's largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR's proposed settlement.
Two weeks after Brad Tirpak sent a shareholders' letter seeking votes against chairman Howard Lorber, advisory firms Glass Lewis and ISS are echoing the vocal investor's recommendations.
Materials include a guidebook on the post-settlement landscape, publicly available training sessions and more ahead of Aug. 17 deadline.
On the first day of Keller Williams' annual Mega Agent Camp in Austin, franchise Head of Industry and Learning Jason Abrams talks commissions and how leaders must help agents thrive — and not just survive — through upcoming changes.
Learn how NYC agent Maggie Kent leverages her sense of professionalism to develop a higher level of client trust and how she has developed resilience to navigate the ever-changing world of real estate.
This is a safe place for you to share your feelings of frustration, satisfaction or concern as we approach the deadline for implementation of the terms of NAR's settlement agreement.
Two teams in South Carolina and a formerly independent brokerage in North Carolina have joined the firm. The groups are based in Bluffton and Charleston, South Carolina, and Asheville, North Carolina.
Veteran Century 21 agent Yuk-Ying Mui, 56, vanished Aug. 9. Rescue teams have narrowed their search to a property outside Toronto she was due to visit on the morning of her disappearance.
Kiavi has packaged up more than $5.1 billion in "residential transition loans" for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was oversubscribed and bumped up to $400 million.
After unsuccessful negotiation attempts with Oren and Tal Alexander, Chief Growth Officer Nicole Oge, CEO Richard Jordan and President of New Development Andrew Wachtfogel are "forfeiting ownership" of the firm.
At Keller Williams' annual Mega Agent Camp, franchise founder Gary Keller and several leaders shared how agents can navigate recession fears and commission confusion with clarity.
The "Prefab Hiking House" series of homes designed by OneSpaceHub includes a split-level 40-foot property featuring a sun deck for $48,000 and a single-story home with a terrace priced at $19,000.
San Jose, California, a major tech hub, tallied single-family existing-home prices exceeding $2 million in 2Q for the first time since the National Association of Realtors began tracking home prices in 1979.
With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions.
Bernice Ross talks with James Dwiggins about the new rules of the road when it comes to agent compensation and client negotiations.
NAR’s commission suit settlement policy changes are coming. If you're worried about fewer deals in your future, maybe it's time to focus on a higher price point, broker Anthony Marguleas writes.
RentSpree’s latest reporting product is designed to help property management providers more accurately verify the income of lease applicants.
Pending $25 million settlement of January cyberattack adds to $66 million second-quarter net loss, but executives say they're in a better position to grow after selling $29 billion in mortgage servicing rights.
The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead.
In Q2 earnings, the nation's largest mortgage lender posted a healthy $76 million profit, paid down debt, and said it's in prime position to capitalize and grow as mortgage rates drop.
An inspiring keynote? A stellar panel? We want to know what you saw, heard or read from ICLV that changed your perspective and your business.
Total revenue grew to $42.2 million during the second quarter of 2024, up from $39.6 million the previous year, as the company worked to increase its market share.
The company saw revenue climb 7 percent to $295.2 million between April and June, but it also lost $27.9 million — just a hair above its Q2 2023 loss.
The leading short-term rental platform told investors that its share of revenue grew by 11 percent to $2.75 billion in the second quarter of this year. Travelers made 125.1 million total bookings in three months.
These Inman Connect Las Vegas panels highlighted the immense value of community and collaboration in driving our industry forward, Inside Real Estate's Stacey Soliel writes.
More than 10,000 plaintiffs, including homeowners and businesses, have reached a $4 billion settlement that comes less than a year after a devastating wildfire on the Hawaiian island.
Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375 million with a $285 million loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt.
Brokerage and MLS software platform Perchwell has closed on a Series B round of funding led by Lux Capital.
Orlando Regional Realtor Association, one of the nation’s top 10 largest multiple listing services, has made its decision on an official lockbox partner by selecting SentriLock, one of two primary industry providers.
Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than two weeks.
Here's how team leader Carl Medford is being proactive and prepared as his team gears up for the changes that will follow the implementation of the National Association of Realtors' settlement agreement.
Find out how Orlando-based Premier Sotheby's International Realty agent and Miss Florida USA, Peyton Lewis, focuses on self-awareness, growth and goals to meet challenges head on.
Thinking about student housing as a multifamily strategy? MZ Capital Partners’ Michael H. Zaransky, who wrote a book on investing in student housing, shares the pros and cons to consider.
Shares in Offerpad hit a new all-time low in after-hours trading Monday after the iBuyer reported that it continues to trim its losses but expects further declines in revenue and homes sold in the third quarter.
Despite safety ranking high on the list of homebuyer concerns, many house hunters say they're willing to consider purchasing in a high-risk area in exchange for affordable housing, according to a new report.
Concerns about fraud mean lenders who want to sell multifamily loans to the mortgage giants may be required as soon as this summer to do more due diligence on borrowers and their properties.
Following last month's assassination attempt on former President Donald Trump, a 24/7 road closure is curbing direct access to a number of Palm Beach luxury listings.
The U.S. Navy will expand a toxic remediation project at the Hunter's Point Shipyard after radioactive findings at the site.
A Washington listing photographer said Zillow Gone Wild used her photo without permission in February 2022. After attempting to negotiate a payment of roughly $30,000, she's now suing for a maximum judgment of $300,000.
Just about one month after listing the property with Leonard Moens, Leonard Riggio's 1.7-acre oceanfront estate in Palm Beach has gone under contract.
By its definition, real estate is a high-churn business, according to Mike DelPrete, which offers the potential for massive shifts in brokerage revenue year-to-year.
Declining mortgage rates may finally be bringing some buyers back to the table. But agents will need to see more before they change their skeptical outlook, Inman Intel Index results suggest.
Is your office the one everyone talks about for all the wrong reasons? Consultant Rachael Hite says your "fun" office just might be the opposite.
Despite being a bustling metropolis, Chicago is known for its friendly charm, easy navigation and great parks and beaches, says real estate professional Sam Jenkins, who transitioned from fitness consulting to real estate and has closed over $700 million in transactions over 20 years.
The MLS has been a leader in real estate innovation for over 30 years. Its brand, VestaPlus, is renowned for user-friendliness, customer service, and design in the MLS industry.
Need help highlighting value in a buyer-broker presentation? Jimmy Burgess talks with Andrew Undem, who shares his "8 pillars of value" strategy for showcasing client benefits.
NAR President Kevin Sears sat down at Inman Connect Las Vegas with Clelia Warburg Peters to talk about the trade group's past and future, including a return to advocacy and transparency.
The Federal Trade Commission (FTC) is distributing $12 million in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC.
Residential portal behemoth Zillow has settled its antitrust lawsuit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing its integration with ShowingTime+ in favor of MLS Aligned's listing platform.
Carroll appeared before LA Superior Court judge Francis Bennett II following his July 1 arrest by LAPD and agreed to waive his rights to be present for court dates in the future.
Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds.
Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors' March settlement. However, robust home prices have yielded small gains in commission dollar amounts.
The multi-family residence sold on July 31 for $21.5 million. The couple purchased the home in 2011 for $12.7 million.
For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported.
Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to a report from CoreLogic.
Tyler Mount, a three-time Tony award winner and marketing company founder with career billings of $7 billion did not mince words when he talked about the importance of authenticity at Inman Connect Las Vegas.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
With second quarter net income up 28 percent to $178 million, CEO Varun Krishna says Rocket is making "significant investments in data leadership and infrastructure."
The Kennedy family heir and presidential contender also argued Thursday at Inman Connect Las Vegas that democracy depends on people maintaining "a posture of fierce skepticism."
HomeLight CEO Drew Uher says he's glad to be out of the mortgage business. Fathom CEO Marco Fregenal sees value of being in lending "in a very selective way."
Ben Belack of "Buying Beverly Hills" and Ernie Carswell of "Kendra Sells Hollywood" shared with Inman Connect Las Vegas attendees the nitty-gritty of being on reality TV.
The iBuyer's revenue declined 24 percent year over year to $1.5 billion as losses hit $92 million, down from positive income of $23 million the previous year.
Inman honored 12 individuals and companies at its 26th annual Innovator Awards on Thursday, including awards for company, brokerage and innovator of the year. See the full list of winners.
Four months after releasing a first-of-its-kind short-term touring agreement, Zillow has released 24 state-compliant versions of the agreement exclusively for Premier Agent partners.
At Inman Connect Las Vegas, brokerage leaders, technology executives and software builders offered wisdom and wit in a multitopic marathon on AI, the future consumer and how technology drives growth.
"I hope — at the end of the day, at the end of the two-year term — to be able to look back and say there was some stability and calm," Sears told hundreds of ICLV attendees, many of them NAR members.
Not every agent can or should communicate their value through "bold statements," agents said during a panel at Inman Connect Las Vegas. That's why remaining authentic to oneself is paramount.
With the help of a firm employing more than 100 undercover researchers, the real estate tech strategist tested agents at roughly 30 brokerages. They found that more than 1 in 3 inquiries never received a response from the agent.
Andy Florance suggested rival portals are more interested in selling leads than houses and called a lawsuit against his company a "PR stunt."
FHA premium cuts spur growth, but borrowers with stellar credit can still do better taking out conventional Fannie Mae- or Freddie Mac-eligible mortgages with private mortgage insurance.
REAL Dallas Properties & Management brings its 70-agent team to United in a move that both parties say benefits consumers and agents.
At Inman Connect Las Vegas, branding experts Kevin Knight, Sydney Miller, Griff O'Brien and Elias Astuto said a strong set of values, authenticity and substance are key to creating an unforgettable brand.
Daniel McVicar, Eloy Carmenate and Victoria Levitam spoke at Inman Luxury Connect in Las Vegas on Tuesday in a panel titled "From City to City: Trends & Opportunities in Emerging Luxury Markets."
Matterport appeals lower court ruling that awarded $79 million to former CEO Bill Brown over rules that prevented him from selling his shares when the company went public.
As agents face attacks on their value from all sides, the most important thing they can do today is to focus on boosting client relationships, the Glennda Baker & Associates leader said to Inman Connect Las Vegas attendees.
A panel of marketing and AI experts at Inman Connect Las Vegas discussed how consumer sentiments and product choices can help make homebuying faster and better for the consumer.
Sotheby’s International Realty's Wilcoxon was named top luxury agent Tuesday. Moreland took top brokerage and Jones Fridman International & Associates was named top luxury team at ICLV.
"Success is a very strange beast and it often comes before total annihilation," said Beverly Hills broker Gary Gold at Inman Luxury Connect.
Communications expert Maha Abouelenein shared her seven principles of self-reliance at Inman Connect Las Vegas on Tuesday, encouraging them to believe in themselves and live without regret.
After a five-year run in Las Vegas, the industry’s flagship real estate event comes to San Diego July 30 - Aug. 1, 2025. Entrepreneur and skateboard legend Tony Hawk is the first announced keynoter.
In June, five of the top U.S. markets showed some improvement in housing affordability and supply year-over-year, according to First American's Real House Price Index, while some markets with improved inventory still struggled with rising costs.
California District Judge George Wu granted CoStar's request for an expedited discovery in Move's theft of trade secrets lawsuit against the portal. Both parties have until Aug. 5 to agree on the terms of the discovery.
The S&P CoreLogic Case-Shiller Index and FHFA House Price Index showed "no relief" for homebuyers hoping for falling home prices as mortgage rates remain elevated.
Marketing expert Marci James shares strategies designed to help you showcase your value, negotiate commissions with confidence and build a thriving buyer's agent business in 2024.
Based on conversations with luxury agents across both coasts, there's still a lot of uncertainty about how far-reaching the changes that come with commissions decoupling may be.
Greg Sexton, chief operating officer for Century 21 Real Estate, describes the brand's 45-year-long philanthropic involvement with the Easterseals.
At the new Homes.com, we always present the listing agent and only the listing agent on any home for sale on our site. Our philosophy is that the leads on an agent’s listings are theirs alone and not anyone else’s to pilfer and sell.
Release of historical credit scores on tens of millions of loans will help lenders prepare for transition to VantageScore 4.0 next year. Release of FICO Score 10 T data next on deck.
Industry leaders argued Monday that artificial intelligence will continue disrupting real estate and that leaders must learn how to harness it.
The editor at the center of the theft of trade secrets lawsuit between portal rivals Move and CoStar Group filed a 36-page statement in support of CoStar's expedited discovery request.
Luxury homebuyers are used to paying big bucks for quality service. That's partly why several Luxury Connect panelists in Las Vegas think the NAR settlement won't make a huge splash in the higher price points.
The 17,500-square-foot triplex that once asked $250 million was heavily featured in Serhant's new Netflix series, "Owning Manhattan." It is unclear who will now rep the listing.
California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage.
Panelists at Inman Luxury Connect Monday argued that good marketing in the luxury segment is all about telling stories that speak to a specific type of consumer.
Luxury Connect panelists said that a generational wealth transfer is lifting more millennials into the luxury real estate market, and it's already changing how luxury brokerages are working to attract clients.
Remodeling marketplace Fixr's 2024 home design survey revealed homebuyers are prioritizing organization and energy-saving features, alongside open and hybrid floor plans.
Real estate software company Lofty is putting its considerable development resources into the apartment market with the release of LoftyWorks.
Portfolios of foreclosed and seized office buildings, apartments and other commercial buildings hit $20.5 billion during the second quarter of 2024, the highest quarterly figure posted since 2015, according to MSCI.
The home was listed for $399,900 over two weeks ago. Listing agent Jon Modene refers to the home as having "the strangest and greatest potential I have ever seen."
The multi-talented "Married to Real Estate" star teased the fourth season of her wildly popular HGTV reality show ahead of her appearance TODAY at Inman Luxury Connect in Las Vegas.
Find out how this third-generation Realtor puts his background and love of the land to work for clients ranging from farmers to hunters to developers of therapy and religious retreats.
There's plenty that's still not clear as the Aug. 17 implementation deadline approaches, broker Cara Ameer writes. Here's how to make sure your seatbelts are fastened low and tight as you brace for potential impact.
A surprising share of homebuyers are seeking to "move up" in home. And the next wave of clients may have different priorities in mind, according to the Inman-Dig Insights consumer survey.
EXp's Russ Laggan offers tips for identifying your personal and professional style and putting it to work for you as a memorable differentiator with clients and colleagues.
Homebuyers and sellers need a professional they can trust. Check out a few ideas for showcasing this quality to current and future customers.
As we move into the second half of the year, it’s important to develop a positive perspective on change, eXp’s Troy Palmquist writes, as an essential element of growth and innovation.
Industry analyst Ryan Tomasello, who predicted a 30 percent fall in commissions due to legal, economic and governmental challenges, prepares to take the stage at Inman Connect Las Vegas to discuss consolidation, disruption and innovation.
As inflation gets closer to Fed's 2 percent target, economists at Fannie Mae and the Mortgage Bankers Association predict mortgage rates will continue to drop into the low sixes by the end of next year.
JND Legal Administration, the company tapped by lawyers to oversee administrative tasks around the Gibson settlement, sent mail out to millions of potential class members earlier this year.
Former USANA Health exec Donald Cherry will now lead eXp Realty's sustainability efforts. Cherry is the fifth high-level hire or promotion eXp has made this year.
A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs.
A longtime thorn in Zillow's side, Left and his firm Citron Capital LLC face charges from the DOJ and SEC that they profited by taking positions in companies that were the opposite of what they told investors to do.
The Games have not drawn as much international traffic as Paris anticipated, but the city's visibility may draw luxury clients hopping on the 'quiet luxury' trend that's swept real estate.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Real estate software company MoxiWorks has been building its 150-plus member MoxiCloud network for years to help users solve challenges its products may not address. The latest to be selected is SOCi, a powerful online marketing solution.
Working with buyers is changing. Are you ready? Jimmy Burgess offers the insight you need so you can prove your value as you serve buyer clients.
Trainer and new Inman contributor Nikki Buckelew writes that working with downsizing seniors requires a blend of empathy, patience and practical support.
Republican attorneys general in 14 states urge Fannie Mae and Freddie Mac's federal regulator to kill a pilot program that allows some borrowers to refi without obtaining title insurance.
Ohio-based software company MRI Software is making a bid for the MLS just days before it could be sold to another buyer.
The merger with the team managed by Esther Ozuna continues the growth of an Atlanta team that has ranked among the RealTrends 100 nationally in recent years.
Delta Media Group published a white paper on Monday detailing the benefits of brokers adopting all-in-one tech solutions in the face of decreasing transaction volume.
California is home to nearly half of all cities where it costs at least $1 million to buy a starter home. Nationwide, 237 cities are now "million-dollar" cities.
New reports from "The New York Times" and "The Wall Street Journal" suggest that executives at Douglas Elliman and Side had heard about sexual assault allegations made against the Alexander brothers while they worked for their firms.
Konrad Bicher, 32, was sentenced to more than four years in prison after pleading guilty to a long-running short-term rental scam that earned him more than $1 million and his "Wolf of Airbnb" nickname.
Learn how this South Florida luxury and pre-development specialist forges strong professional partnerships and creates a collaborative environment.
CMLS CEO Denee Evans revealed why she believes NAR will choose not to create new MLS rules over the next six to 12 months ahead of her appearance next week at Inman Connect Las Vegas.
Embracing data-driven strategies is no longer optional — it's essential, new Inman contributor Tara Meier writes. Make it your mission to understand how these insights can guide your decisions and ongoing processes.
Discover essential insights for aspiring luxury real estate agents with Chris Pollinger of RE Luxe Leaders. Master market knowledge, build strong networks, leverage sophisticated marketing and provide exceptional client service to thrive in the high-stakes world of luxury real estate.
Find out how this farmer's son built a real estate business that's focused on giving back and leading with a servant's heart.
A much-discussed listing agreement update reflects upcoming NAR rules, but doesn't bar sellers from offering compensation to buyers' agents.
Seven executive hires in 2024 include Dana Abernathy, who will expand the company's servicing operations, and Mike Iorio, who is tasked with growing homebuilder partnerships.
Residents were taken aback when GoBanking.com recently categorized the luxury haven as a "suburb." Local agents agree that Palm Beach is "a category by itself."
CoStar Group has put former Realtor.com News and Insights editor James Kaminsky on leave in response to Move's objections to sharing confidential information amid its trade secrets lawsuit.
Applications for purchase mortgages dropped last week for the second week in a row as rising home prices continue to shut many would-be homebuyers out of the market.
Judge says Top Agent Network "adequately alleged" NAR's Clear Cooperation Policy is a "group boycott." Meanwhile, NAR signals it may be open to repealing the rule.
Artificial intelligence software company Restb.ai has released a report on the effectiveness of floor plans on days on market.
Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel.
Almost two-thirds of homes that were for sale in June had been listed for at least 30 days without going under contract. That figure is the highest share of any June since 2020.
T3 Sixty plans to release "The Opportunity Report" as a follow up to its "DANGER Report" in early 2025. it says the new document will be comparable in its impactful earlier analysis of the industry.
Part of the relationship involves Local Logic providing iGo with a site license for NeighborhoodIntel, a recently released property reporting product that generates insights from more can 250 data points per home.
Entrepreneurship isn't just good for individual real estate pros, PR and marketing expert Molly McKinley writes. It's good for organizations and for the industry as a whole.
Is it still impolite to talk about politics? Maybe not, and social media expert Jessi Healey says talking about it might gain you more followers than you think.
Are you spending time on things that simply don't matter to your professional growth or the growth of your business? Jimmy Burgess offers a list of things you may be doing that are counter-productive.
Built in 1958, the mid-century home is a historical landmark. The estate is owned by Cecilia Joyce Johnson, the widow of late American artist Seward Johnson II, who passed away in 2020.
With its new capabilities, the platform will allow agents and concierge coordinators to automate the generation of listing descriptions, image captions and property attributes "in minutes," the firm told Inman.
Despite 11 months of declines, Realtor.com said the typical renter is paying $305 more monthly for an apartment compared to 2019. The greatest rent increases are in Florida and the Midwest.
The attorney and broker dives into the nuances of seller concessions, steering, buyer agents' jobs, and avoiding future antitrust trouble ahead of his appearances at Inman Connect Las Vegas.
Learn more about this Tyler, Texas, broker, who leads by example to foster a culture of excellence and growth for her agents.
Find out how this Central Florida team leader moved from a career in amusement parks to the roller coaster of real estate.
By approaching change with a positive, growth mindset and intentionality, coaches Emily Bossert and Melanie Klein write, you'll be ready for whatever comes next in business and life.
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with a funding round led by Khosla Ventures.
Maria Avellaneda rejoins KWNYC after six years at Compass. She will focus on ultra-luxury transactions and lead the franchise’s luxury market in the Hamptons.
Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the 'most normalized' markets in the country.
One issue for would-be homebuyers seeking jumbo mortgages is that rates haven't come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie Mae and Freddie Mac.
As the U.S. dollar's value and home sale prices rose from April 2023 to March 2024, international buyers shied away from investing in U.S. real estate, according to a new report from NAR.
Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs.
Leading during times of change is undoubtedly challenging, new Inman contributor Justin Bailey writes, but it also presents an opportunity to propel education, build stronger teams and enhance relationships.
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains.
Waltz promises to use its software-enabled workflow to reduce the time and number of administrative hurdles non-citizens face when looking to invest in the U.S., stating it can be done fewer than 30 days.
California Regional MLS's general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas.
Broker-owner Andrew Fortune writes that finding work-life balance involves investing in self-care and building support systems. The key is to focus on building a strategy that works for where you are at in life and that slowing down will create a steady flow of energy
Interest rate buydowns involve a trade-off between upfront costs and long-term affordability. Clever CEO Luke Babich offers strategies to help clients make the choice.
As the Aug. 17 post-settlement implementation deadline approaches, it's more important than ever to get your verbal and written ducks in a row.
More than 7,500 loan officers in all 50 states and Washington, D.C., have access to cash offers that can be approved in as little as an hour, with NEO Home Loans and American Financial Network among the biggest partners.
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act. Rocket says it expects to prevail.
Engel & Völkers has entered the Portland, Oregon, market with the opening of its new location, Engel & Völkers Portland Rose City, the firm announced today.
President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters.
Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today.
Nine months after signing an enterprise deal with Anywhere, California-based proptech leader RealScout has extended its reach to include Sotheby's International Realty's company-owned locations. Agents at SIR's company-owned locations will have full access to the RealScout platform, which includes a branded home search portal, interactive side-by-side listing comparisons, social media tools, lead management and distribution, and several other agent and broker-focused support features.
Three in 4 Americans are planning to buy the next time they move, but many are overestimating minimum down payment, credit score underwriting requirements, according to a new Fannie Mae study.
After brokerages and MLSs reached out, the Consumer Federation of America created criteria focused on whether agreements are readable, understandable, and fair to buyers.
Sharelle Rosado's grit and determination helped her rise up from humble beginnings to become one of Tampa's top agents. "If you dream something, no matter how big it is, go for it," the broker said.
Consider this a resource roundup to guide you through the changes you'll make, the client conversations and even the mindset shifts that are necessary right now.
Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey.
The Pacaso CEO peels back the curtain on his company’s evolution to a new chapter as it buys more houses in more markets at lower prices.
Bernice Ross interviews Realeflow CEO Greg Clement about how real estate agents can tap into the pool of cash buyers and investors to add lead gen leverage and market coverage to their businesses.
As she begins her 47th year in real estate, find out how this former junior high school English teacher creates personal connections and manages a robust professional network.
Ready to make a leap into real estate but worried about how to pull off the transition? Learn from Atlanta agent Leah Williamson's trip to top-producer.
Authenticity and genuine gratitude offer profound benefits for personal and professional relationships and well-being, broker and coach Aaron Hendon writes.
As financial targets pave the way for interest rates to (finally) fall, the real estate industry is cautiously optimistic about a late-year boost.
Ernad Mehinovic, RE/MAX Stratus' broker-owner, believes the RE/MAX franchise will provide his new team the tools and resources to produce results.
As luxury clients dream about far-flung escapes this summer, agents should be aware of recent changes to Golden Visa programs — and know where their clients can still invest to gain residency.
CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after six years as Compass' industry relations SVP. Cyndi Eakin was promoted to chief accounting officer.
News of the condo's acquisition came after "His Majesty the King in Right of Canada" was listed as a buyer in the Steinway Hall portion of the property.
The Appraisal Foundation will establish $1.22 million scholarship fund to help aspiring appraisers navigate "an alternative, more inclusive path" for fulfilling experience requirements that are said to have contributed to a lack of diversity.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
The Golden I Club recognizes excellence in luxury real estate, and this year's finalists span from coast to coast. Winners will be honored at Luxury Connect, July. 29-30, 2024.
The California Association of Realtors says even though offers of compensation among brokers remain legal, members and their clients should not rely on "historically common practices."
Stay ahead of the market with Chris Pollinger's top 6 luxury real estate trends of 2024. Learn what luxury clients are seeking and how to cater to their discerning taste.
About 80 percent of business owners fall into the trap of using personal credit and financial resources to run their business. Trainer Bernice Ross shares expert strategies for getting your finances in order.
Creating leverage through technology has never been easier, Jimmy Burgess writes. Check out his list of hot apps to make this summer sizzle for your business.
The median U.S. home sale price rose for the ninth consecutive week, hitting an all-time high of $397,482 during the four weeks ending July 7. A Redfin report published on Thursday said the upward climb in median sales prices contrasts with weakening homebuyer demand and elevated mortgage rates—two factors that usually lead to softening home price growth.
The partnership between Thumbtack and MyMove helps link relocating families directly to the types of services so often needed when moving in and out of a home.
Real estate marketing and technology company used by more than 400,000 agents nationwide hired AI startup executive Eric Elfman in June to replace founder York Baur as CEO.
Elections, interest rates and tax policies all may impact the luxury market for the remainder of the year, according to midyear reports from Christie's Real Estate and Sotheby's International Realty.
Some Northeast and Midwestern markets saw double-digit increases in median asking rent, according to new data released Tuesday.
Leaving Engel & Völkers, Melendez joins forces with Veronica Figueroa's leading eXp expansion team, The Fig Team, where she'll lead the team’s move into Florida's Space and Treasure Coasts.
Overall inflation rose just 3 percent on an annual basis in June, according to Bureau of Labor Statistics. The 10-year Treasury yield, an indicator of mortgage rates, plummeted on the news Thursday.
The new Netflix show, centering on SERHANT.'s NYC agents, has been out for more than a week. Here are the jaw-dropping moments we keep circling back to mentally.
Damian Eales told Inman his company is focused on providing high-quality leads and has plans to further leverage the network of its parent company, News Corp.
NAR Chief Economist Lawrence Yun told CNBC he expects mortgage rates to settle around 6 percent, a prediction he’s made before. A look back at two years of his forecasts amid a chaotic economy.
Find out how this Florida broker and his team blend SEO savvy and digital marketing with "old-fashioned hard work and sweat equity."
By identifying a niche market and connecting with renters there, multifamily investors can build a successful business while providing renters with what they seek most, Michael Zaransky writes.
Find out how the team's three co-founders — Gary Pohrer, Nick Malinosky and Devin Kay — developed a team that spans the South Florida coastline from Jupiter to Miami Beach.
DirectOffer provides the industry with a valuable and long-neglected resource by which to empower visually- and hearing-impaired homebuyers.
Rates surged and then pulled back last week in what could foreshadow more election-year volatility in the months ahead. Jerome Powell tells Congress Fed will remain above the fray.
EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and buy before they sell.
Creating a workplace where everyone feels valued, welcomed and respected is vital to an organization’s success, Keller Williams' Julia Lashay Israel writes, and it doesn’t just happen overnight.
NAR's 2024 Membership profile shows the impacts of a difficult market on real estate professionals — many of whom are contending with issues related to affordability and inventory.
The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a "transparent and straightforward experience when buying and selling a home," executives said.
Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow.
Stop trying to be all things to your clients, broker Joseph Santini writes. Focus on the things that fall within your purview and direct traffic as needed on your transactions.
Developing areas of specialization enhances service, efficiency, and effectiveness and results in greater professional success for both teams and individual agents, coach Verl Workman writes.
After cutting nearly 500 jobs after Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida.
The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April.
Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday. Between 2021 and 2023, builders filed an average of 18 permits to build multifamily housing units for every 10,000 people in the U.S. However, that number has dropped to an average of 13 permits as of May 2024.
Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1 million from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30,000.
Professionalism (or a lack thereof) is important everywhere — on social media, on the phone and face-to-face, but which agents are putting their worst out into the world?
A proposal would expand an existing rule and give the "Committee on Foreign Investment in the United States" power to review real estate sales near 56 military installations in 30 states.
Women who claim to be victims of the Alexander brothers, or witnesses to alleged assaults, have been approached by agents from an FBI task force, "The Wall Street Journal" reported Tuesday.
The Better Business Bureau National Programs' National Advertising Division has recommended that CoStar Group's residential portal Homes.com ceases using claims that it has double the traffic of Realtor.com in its ads. CoStar Group has complied with the request.
The deal marks the seventh purchase in 12 months for Massachusetts-based Lamacchia Realty as it signals acquisitions across New England in 2025. "I want to triple that in the next 12," CEO says.
The publicly traded real estate brokerage reached the milestone on its 10th anniversary and set its sights on a closing-bell celebration at the Nasdaq exchange Tuesday afternoon.
The future of real estate lies in our industry's ability to innovate, adapt and align our brands with the evolving market landscape, PR and marketing expert Molly McKinley writes.
In his six months as president, Sears has racked up time in Washington with the DOJ, focused on the trade organization's future and traveled — a lot. He shared his takeaways with Inman ahead of ICLV.
The thing holding many local MLSs in place is a desire for power and control rather than seeking the best for real estate agents and brokers, writes Mainframe Real Estate founder Sean Frank.
In this luxury case study, learn how The Agency's Daniel Blatman overcame multiple offers and a short timeline to help his clients meet their goals.
RentRedi's Ryan Barone offers strategies for branding and marketing rental properties across a variety of digital platforms.
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. It’s not just homesellers who are upset about the current real estate commission structure; more and more homebuyers are looking to the courts to upend […]
The owners of the 16th largest MLS in the country plan to sell to a title company executive. But an agent and local leader has received a cease and desist letter over her criticisms of the deal.
Fannie Mae’s monthly National Housing Survey shows many Americans may be underestimating the odds that mortgage rates will continue to pull back from 2024 peaks.
Regulators and prosecutors are cracking down on landlords who've been falsifying income and expense data on crucial loan documents, according to a new feature published by "The Wall Street Journal."
Less talk, and more listening. Inman contributing writer Rachael Hite shares the real reason your transactions turn topsy turvy — and why it has everything to do with what's lost in translation.
Lone Wolf Foundation will support three new flagship experiences: Lone Wolf Transact, Lone Wolf Front Office and Lone Wolf Back Office.
These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment.
Running a team is like leading a family, team leader Carl Medford writes. It takes concerted efforts to keep relationships intact and functioning in a healthy way.
Find out what NYC associate broker Bill Kowalczuk has learned during his years in the business and what he'd be doing if he weren't in real estate.
Wealth manager Michael Conticelli writes that agents must understand ownership rights to ensure they are using correct documentation and contracts for legal compliance.
Leslie McElwreath shares her insights and experiences for how to win in the demanding yet ever-exciting and rewarding luxury real estate industry.
Change can be a scary word. For many of us, it conjures the image of something sudden and unexpected, a situation we weren’t prepared to face, an environment we aren’t comfortable with.
While traditional models struggle to adapt to changing agent and consumer expectations, Epique Realty is setting new standards with its all-inclusive approach, outpacing both discount and flat fee brokerages in virtually every metric.
As a real estate agent, your reputation can make or break your business. Christy Murdock shares seven things that can significantly damage your professional image and what you can do to avoid them.
ICE Mortgage Technology survey finds 84 percent of homeowners who have taken out a mortgage in the last five years only considered one or two lenders before closing the deal.
While you’re at Inman Connect, it isn't just about conference hustle; it's about refueling your mind, body and real estate business strategy. Here's how.
After being sentenced by Vatican State Court for embezzlement and fraud, London-based Italian banker Raffaele Mincione is fighting back in UK courts with a countersuit accusing the Vatican of mishandling and mis-documenting funds.
After spiking following the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates in September.
The multifamily investor has had a number of encounters with police in Miami and LA in recent months in response to disorderly behavior involving guns, as well as DUI and allegations of assault.
From Golden Visa availability to the 2024 Paris Olympic Games and a trend favored by the rich that proves all the world's a stage, luxury real estate is going international in a big way this summer.
Buyers and sellers who feel like the commission settlements didn't go far enough are fighting back in court, and the cases are bunching up.
From changing rules to higher expectations, real estate is a new industry now, with new challenges, new opportunities—and new tech. Join us for a first-look tour of real estate’s new end-to-end platform, Lone Wolf Foundation, featuring a new transaction experience and a new standard in back office and accounting. Get ready, because the future of […]
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Recruiting is tough these days, but agents at franchises may be especially open to a move this year, according to an analysis of their responses from the latest Inman Intel Index survey.
The real estate industry is evolving, and luxury real estate is no exception. With shifts in market dynamics, buyer preferences and the rise of innovative technologies, staying ahead requires more than just experience; it demands continuous learning and networking with the best in the business. This is your opportunity to do exactly that.
Real estate auctions offer benefits for both buyers and sellers. Chad Roffers offers tips on how buyer's agents can help their clients navigate the process.
This 4th of July, Troy Palmquist lays out an argument for why the American dream of homeownership is alive and well, and together, real estate professionals can help more people achieve it.
Sale-leaseback platform tells NPR civil lawsuits in Texas and other states are "meritless" and that it's cooperating with attorneys general in Massachusetts and Michigan.
Mortgage rates are on the rebound despite encouraging inflation data, as Fed policymakers warn "higher for longer" rate strategy will remain in place until they see more conclusive evidence the economy has cooled.
An independent brokerage and a former Century 21 franchise just switched affiliations to RE/MAX. The moves come during a time of intense competition for talent.
"Competitors should never be allowed to cheat and steal to get ahead," Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar.
Is it better to buy now or wait it out in today's housing market? RE/MAX President Amy Lessinger lays out the factors that can help you help buyer clients decide.
What do you make of commission-sharing workarounds, and how are you planning to change up your communication strategy?
Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks.
The Federal Reserve's preferred inflation gauge fell to 2.56 percent in May, getting closer to the Fed's 2 percent target for the 2nd month in a row. Core inflation reading is lowest since March 2021.
The merger brings on Katy Thielke Straser's seven-person team and allows Jones Fridman International to expand its market area into Northern California. The team now represents about $25 billion in career sales.
The Netflix series focuses on Serhant's agents and lifts the stakes on real estate-focused reality TV thanks to high production values and sophisticated plotting, reporter Lillian Dickerson writes.
TJ Lewis Real Estate is based in Austin, Keller Williams' home turf, and has done $27.9 million in volume this year so far.
The home's current owners, heiress Brinah Milstein and reality TV producer Roy Bank, had hoped to demolish the home and said that instead of selling, they will continue their legal fight against the city of LA.
The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Trendy or tacky? "Hawk tuah" is enjoying virality on TikTok (and beyond), and agents are getting in on the trend. Rachael Hite is here to tell you why that's a bad idea for your professional reputation.
Mindfulness is a powerful and practical skill that can enhance your edge, efficiency and performance in both personal and professional realms, broker and coach Aaron Hendon writes.
The complaints, filed by a San Diego resident, seek class-action status and accuse the real estate companies of violating state and federal privacy laws due to their use of third-party tracking pixels.
"The U.S. housing market is stuck, and we are not convinced it will become unstuck anytime soon," economists at Bank of America Global Research say of ongoing affordability issues.
Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker.
The typical home sold for 0.3 percent less than the original asking price in the past month, according to a new report from Redfin.
The property management software company has released Copilot, an AI interface to streamline the creation and processing of work orders.
The clock is ticking on implementation of the NAR commission lawsuit settlement. Team leader Carl Medford outlines what buyer agents need to know to be successful under the new rules of the road.
Most real estate professionals expect commission splits at their brokerage to remain unchanged for a while longer. As for the rest, many have conflicting opinions on what kind of change is coming.
Elevated mortgage rates continued to curb homebuyer activity in May, NAR reported. As inventory increases in upcoming months, slower home price growth will follow, and likely more buyers hitting the market.
Find out how a career downturn led this founder and CEO of Realty Connect to create a way for agents to stay active under adverse circumstances.
President of The Real Brokerage says agents are living in a "small hinges swing big doors" world and that Inman Connect Las Vegas can help them learn a little skill that can move the needle a lot.
Keeping Current Matters' David Childers and Jimmy Burgess crunch the numbers and lay out the reasons real estate agents and brokers could see a post-presidential election sales surge in 2025.
Despite a frustrating early setback, this Texas team leader has built a business, and a real estate career, to be proud of.
Navigating change in the dynamic real estate market, Rainy Hake Austin writes, demands a blend of self-awareness, strategic planning and effective utilization of support systems.
Luxury advisor Chris Pollinger shares strategies built around PR, marketing and events so you can leverage the power of publicity and grow your real estate business.
Mortgage rates have been on the decline since late April, as closely watched data releases suggest the economy is cooling and that the Fed may start cutting rates as soon as September.
Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a "wholly separate conspiracy" from the claims resolved by the NAR settlement, but defendants disagree.
Agent Misty Carter filed the case in January. A court order filed this week reveals that all the parties involved have now agreed to have the case permanently dismissed.
Official co-founder Nicole Oge said the decision for Tal to step away from the firm was a mutual one. Tal's lawyer, Deanna Paul, said he wouldn't let recent rape claims "be a further distraction" to the firm or clients.
The partnership will give larger multifamily rental operators access to Moody's data on topics such as rents, vacancies and inventory.
The Instagram video shows agents with "NAR" along the back of swat team jackets bursting into a home before tackling, tasing and hogtying a Realtor who failed to remove an offer from the MLS.
Defendants in the case, which also includes Weichert Realtors and United Real Estate, say the claims lack standing, are untimely and an attempt to "parrot" arguments made in Batton 1.
The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal.
The team leader of the Ben Belack Group shared thoughts on crime and home insurance in LA's market, Gwyneth Paltrow's "fantastic" house for sale and his big plans for Las Vegas in July.
Not sure what to say to buyers and sellers about the way compensation works today? Bernice Ross offers insights from Accredited Buyer Representative instructor Rhonda Hamilton.
NAR's landmark settlement bars sellers' agents from offering commissions to buyers' agents in the MLS. A batch of new companies are stepping in to fill the void.
Whether you're working with first-time homebuyers or helping seniors stay in their homes, the way that you support homeownership matters, writes broker-owner Teresa Boardman.
By providing comprehensive support and fostering a culture of continuous improvement, Manny Solis writes, teams empower their agents to excel in a competitive market while delivering exceptional service to their clients.
Find out how South Florida luxury Realtor Darin Tansey learned that there's always a chance to make dreams come true in real estate.
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop "a key element of the antitrust conspiracy" and might take years to go into effect.
Keller Williams team leader and LGBTQ+ Real Estate Alliance founding member Tom Wheeler hosted Canyon County, Idaho's first-ever Pride event on June 9. Here's the story of how the 4,000-person event came to life.
"The judge's decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional," the DOJ's filing states. The brief may give REX a new leg up in its case.
Fannie Mae on Friday slashed its 2024 forecast as a result of weak spring home sales, but listings are returning to the market and mortgage rates look poised to drop, according to new projections.
It's tough to recruit from franchises, but that's where opportunity may lie, according to an analysis of Intel responses from 610 agents. Intel helps craft the right pitch to draw agents mulling a pivot.
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis.
Want some fast, simple ideas for powering your marketing through a summer slowdown and pumping up the volume on your pipeline? Agent Johnathon Pressman has you covered.
Recent legal changes have shaken up consumers’ perception of the crucial role buyers agency plays. Without a buyer's agent, consumers, especially those in underrepresented groups are at a very real risk of not achieving their homebuying goals.
Every productive real estate professional follows a unique path to success. For some, it’s in the company of like-minded go-getters who share the same passion for achieving goals. That’s where real estate teams come into play.
Agents are seeking new strategies to grow their businesses and provide enhanced value to their clients. One such approach is exploring different business models, including the co-ownership of vacation homes. Marnie Blanco, Pacaso, and Josh Dotoli, Compass, sit down to share insights on how agents can effectively expand their reach in this week's new Inman Access class.
Virtual staging is becoming an increasingly easy and affordable way to market a stale listing. Here are a number of software companies that excel in making empty homes meet market expectations.
Naperville, Illinois-based team RR Galaxy has joined Keller Williams, it was announced Friday. The 4-person team has closed more than $74 million in sales over the past 2 years, executives said.
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the U.S. Department of Justice.
Software company Entrata acquired its second company in a year with the acquisition of the rental industry’s Colleen, which provides artificial intelligence-based tenant communications and leasing operation support.
Fathom Holdings beefs up title coverage in three states with "strategic addition" to geographic footprint, acquiring nine-person title agency with offices in Utah, Colorado and Virginia.
Indie broker Max Fitzgerald built this app to be the top layer of brokerage tech stack, enabling better organization, access and understanding of its most-used tools.
Sonoma County-based Rob Sullivan most recently worked at Vanguard Properties, and spent several years at Coldwell Banker before that.
The median sale price for an existing home in the U.S. has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains.
The 15,000-square-foot home, which sits on 9.5 acres, was not publicly listed for sale. The deal surpasses a nearly $200 million purchase in Malibu by Beyoncé and Jay-Z last year.
Industry leaders see the lawsuits as one of the top recruiting challenges of 2024, according to Intel survey results. But the brokers who target and elevate middle-tier agents have an opportunity.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
The deal will put DO AudioTour tools into the hands of more than 500,000 subscribers, allowing agents to deliver market insights and listings to consumers, executives announced Thursday.
WomanUP!, a women's leadership initiative of the California Association of Realtors, was on a whole other level this year, writes speaker and attendee Bernice Ross. Here's why.
It's up to you to advocate for a fiscally fit future for yourself, senior housing advisor Rachael Hite writes. Here are three women-run resources to help guide you.
Video is the best way to build a brand, connect with your ideal clients and generate quality leads, writes Jimmy Burgess. Get inspired by these proven, real-life examples from agents in the field.
Purchase loan applications have surged for two weeks in a row, but rates for conforming mortgages are inching back up toward 7 percent this week as investors weigh the odds of Fed rate cuts.
Roshani Sheth, a former product manager for the Realtors Information Network, filed suit after an Equal Employment Opportunity Commission probe into her racial and sexual harassment claims.
A penthouse at Central Park Tower on Manhattan's Billionaires' Row has sold to an unidentified international buyer for $115 million, making it the first residential sale in New York City over $100 million since 2022.
Freddie Mac Executive Vice President and Chief Financial Officer Christian Lown will be taking his talents to CoStar Group in July, executives announced. Lown departs Freddie Mac on June 28.
Schmidt and his wife, Wendy Schmidt, bought the home in 1990 for $2 million and gradually expanded the estate over about 20 years, adding neighboring parcels, a guest house and a green house.
At Inman Connect Las Vegas in July, Windermere broker Cassie Walker Johnson will reveal her eight-step system for creating buyer agreements. She gave Inman a sneak peak ahead of the event.
Construction starts on new housing units dropped 5.5 percent to a seasonally adjusted annual rate of 1,277,000 — 19.3 percent lower than levels in May 2023, according to U.S. Census data released Thursday.
Parent company Inside Real Estate will carry the BoldTrail name in a range of iterations as they roll out this summer. The new moniker is meant in impart that real estate isn't for the faint of heart.
NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell.
The Inman Intel Index goes beyond sentiment and trends by tapping into the industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.
Find out how this Michigan broker rebooted her real estate career at its lowest ebb and discovered a whole new passion for the business.
The "River of Real Estate" continues to flow, even in a challenging market. Coach Verl Workman offers insights for growth and resilience under any circumstances.
Find out how this former yacht broker and her team create exceptional outcomes for their luxury clients through dedication, grit and caring.
According to eXp’s Troy Palmquist, these professional organizations have a greater role to play in providing services to support agents.
The mobile experience is everything, especially when it comes to adding value in a consumer-first era and in the wake of consumer lawsuits.
The lawsuit filed in New York on Tuesday alleges that Tal and Alon Alexander sexually assaulted a victim in 2012, while Oren Alexander allegedly orchestrated the encounter and looked on.
Troy Palmquist talks with Eric Gedalje to find out how he went from bussing tables to investing in more than 20 properties.
After a judge previously dismissed Sanford and eXp from the case, the woman behind the suit is seeking to more clearly connect them to the misdeeds of now-former agents.
The U.S. Department of Justice on Monday argued NAR "does not identify any errors of law or fact meriting panel rehearing" over whether the antitrust enforcer can reopen its probe into NAR rules.
Two months after the successful launch of its buyers agency ad campaign, Realtor.com has unveiled the next chapter — this time focusing on how buyers' agents are key to bolstering homeownership rates in underrepresented communities.
CEO Dana Jones pushed back in a statement on Tuesday, saying RealPage isn't responsible for an undersupply of rentals, increased demand for homes or inflationary pressures shaping the market.
Card issuer Wells Fargo is losing as much as $10 million a month as it eats interchange fees for users who are paying off balances after paying their rent, "The Wall Street Journal" reports.
From an in-house training to a high-profile national conference, what industry event will you be attending in the coming months?
Introduced in December, the "End Hedge Fund Control of American Homes Act" has stalled but seeks to deter large investors from gobbling up single-family homes. Critics say it's misguided.
Brokerages and MLSs have until 11:59 p.m. CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates.
Homeowners use Redy’s interface to publish information about their home with the hope real estate agents will pay them in exchange for the listing business.
Heavily supported by AI, the end-to-end multifamily housing operating system rests on Realm-X, designed to flatten and integrate daily activities for institutional apartment owners.
While negotiating skills are top of mind for agents as commission confusion sets in, consultant Rachael Hite offers a step-by-step strategy that should ensure optimal service all summer long.
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mark your calendars: The U.S. Department of Justice will be weighing in on three real estate industry-related lawsuits on June 20 and 21. The legal […]
Since 2017, WomanUP! has been helping women in real estate come together to learn, share expertise and lift each other up. This year was no exception. Here are attendees' top takeaways.
CEO Dawar Alimi writes that choosing a modern and advanced pricing engine can unlock new opportunities for growth, profitability and success in an increasingly competitive landscape.
Find out how Connecticut broker Elizabeth Altobelli draws on her youthful experience as a gymnast and a talent for befriending her clients to make the impossible possible — while building lifelong relationships along the way.
Strategic staging, smart improvements and simple touches go a long way in creating an inviting atmosphere that attracts tenants, RentRedi's Ryan Barone writes.
Thanks to new technology and startup platforms with the right education, trainer Bernice Ross writes, even novices with small budgets can jump into the investing game with ease.
Encounter unlikely connections and powerful insights at Inman Connect Las Vegas and Luxury Connect, taking place July 30 through Aug. 1.
StackWrap empowers real estate brokerages to build a single sign-on experience for multiple software products.
The awards recognize over 150 individuals and their companies for their innovation and impact in the mortgage and financial services spaces.
Most real estate professionals expect commission splits at their brokerage to remain unchanged for a while longer. As for the rest, many have conflicting opinions on what kind of change is coming.
CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com's $1 billion marketing push and the fallacy of "pure buyer agency" as portals recalibrate their strategies amid a coming commission crunch.
The only thing certain is change, especially for real estate professionals. Dr. Jeff Richmond shares what it takes to keep stillness and shift your mindset from fear to opportunity.
If scripts feel inauthentic and too "salesy" for your communication style, coach Darryl Davis offers a shortcut to connection and understanding that you can put into practice today.
In an era where almost everything can be purchased online with just a few clicks, is it possible to buy high-value assets like antique cars and real estate online? The short answer is, "Yes."
Laura Monroe, Inman’s Head of Community, sits down with Court Cunningham, CEO & Founder of Orchard, to discuss brokerage innovations in this new Inman Access class. In today’s competitive real estate landscape, brokerages play a crucial role in equipping agents with the tools and resources they need to thrive. Many brokerages are now focusing on […]
From bad "dad jokes" to checking our tire pressure, dads have many unique ways to show love. Trainer Rachael Hite writes that real estate dads have mastered the Acts of Service love language.
The seller of the home once owned by Lee Radziwill is Ann Tenenbaum, venture capital-investor and widow of late private-equity pioneer Thomas H. Lee. The couple rebuilt the property twice.
Agents with My State MLS membership will be able to receive cash offer estimates on properties that qualify within minutes.
Zillow, Arizona Regional Multiple Listing Service, Metro MLS and MLS Aligned have reached a preliminary settlement in their antitrust case. Zillow claimed ARMLS and Metro MLS conspired to create a "monopoly" when they removed their deep integration with ShowingTime in favor of MLS Aligned's listing platform.
Friar served as CFO at Square, sits on the board of Walmart and worked at McKinsey, Salesforce and Goldman Sachs. She was tapped alongside Kevin Weil, who will serve as chief product officer.
The penthouse is situated at the top of the 48-floor 77 Hudson in Jersey City and spans more than 3,800 square feet with 180-degree views.
As key milestones approach, the DOJ's upcoming opinion on the commission lawsuit settlement is already drawing both attention and criticism.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Why make your brokerage decision based on their office location? Create your own office and establish yourself as a mainstay of the community.
Fair housing goes beyond knowing the protected classes. Dr. Lee Davenport offers a primer on 4 levels of fairness involved in fair housing and how to communicate the facts to buyers and sellers.
Broker Bill Kowalczuk and agent David Harris were not gone for long before realizing they missed Coldwell Banker Warburg's robust support systems. Agent Guy Hobson has also joined the firm.
The new platform, Corcoran Copilot, is integrated with Corcoran's listing databases and will initially help agents with developing materials like listing descriptions.
Key Fed inflation metric expected to drop June 28 following unexpected decline in May wholesale prices and jump in jobless claims to highest level since August 2023.
Thanks to Zillow's commute time search filter, homebuyers can easily find listings anywhere from 10 to 60 minutes away from their job. The filter is available on Zillow's mobile app.
Property management software provider HappyCo has unveiled a collection of APIs available to customers to further customize their installation.
Nearly 30 alleged victims have come forward in the last week. Reddit users in New York and Miami also claimed that the brothers' violence against women had been "an open secret" for years.
The one-two punch of government action and private sector innovation is the right formula for fixing the affordable housing mess, which has grown into a global epidemic, writes Brad Inman.
Find out how this real estate broker's son carved out his own place in the New York real estate landscape "through bootstrapping and dedication."
Find out how "consummate student" and San Francisco agent Chris Jurach keeps challenging himself to "learn new things, read and listen to books, and gather fresh ideas."
Agents who rely on NAR primarily to protect their public image are less certain the trade group — which still enjoys broad approval — is a net positive for the industry, according to Intel poll results.
As compliance becomes even more top of mind for the industry, Realtracs CEO Stuart White writes, MLSs have an enhanced role as a reliable resource to support professionals in following developing processes and procedures.
Uncertain about buyer agency agreements? It’s natural. Learn what to expect when presenting one to a new client.
Elevated mortgage rates and home prices are creating challenges for many homebuyers, and 86% said May was a bad time to buy — a new high in Fannie Mae surveys dating to 2010.
Spark lasting connections from Day One with new networking experiences at Inman Connect Las Vegas July 30-Aug. 1.
How will agents master the delicate art of dual agency (and unlock double the opportunities), while balancing the fine line of fair representation?
Jessi Healey explores practical tips and strategies to help you manage your social media use effectively and protect your mental well-being from the stress it can cause.
The trips were to the Indonesian island of Bali and the secretive, all-male club known as Bohemian Grove in Northern California
The billionaire head of Sternwood Capital blamed Federal Reserve chief Jerome Powell's interest rate campaign for killing activity in the multifamily sector.
Vicky Yu closed more than $63 million in sales last year. Her move to Coldwell Banker comes as brokerages continue an intense competition for top talent.
Employers added 272,000 jobs in May, far exceeding the consensus view among economists that payrolls would rise by 180,000 and the average of 232,000 over the past year.
California-based, "multi-sided" residential portal Realoq has expanded to Florida, Georgia and North Carolina. The company raised $3 million in seed funding in 2023.
Ben Bray & Associates, a 27-year-old Tennessee brokerage, is the sixth to join Better Homes and Gardens Real Estate in 2024. The Lafayette-based brokerage boasts 28 agents across two offices.
The Hamptons luxury market also performed well across both single-family homes and condos, according to Douglas Elliman's new signed contracts report.
Four days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
RealReports goes beyond beds, baths and budget with an AI-backed solution for helping real estate agents better understand how what's around and in a home impacts its value.
Not sure what challenges and opportunities are coming your way? Coach Darryl Davis provides the numbers to crunch so that you always know what's going on in your real estate business.
Investigators searched the company's office as part of an inquiry into alleged apartment price-fixing in the multifamily industry.
The design company's generative AI and 3D tech will now be available to 250 Christie's International Real Estate Masters Circle agents in the U.S. and all 3,500 agents affiliated with @properties.
The National Association of Realtors' Instragram post highlighting Pride Month has garnered nearly 900 comments — the majority of them against the LGBTQ+ community. The LGBTQ+ Real Estate Alliance has called on NAR to control the comments section and reprimand Realtors who've made discriminatory statements.
Realtors can now add information to help potential buyers search for homes that might meet their mobility needs. The new fields were added to the Nova Scotia MLS on Wednesday.
Plaintiffs' lawyer Michael Ketchmark vowed legal action to enforce deal: "Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong."
Previously unavailable images of the celebrity couple's $60 million Beverly Hills abode were uploaded to Zillow on June 1 and June 5.
Do you need some tough love to get you moving forward in your real estate business? Jimmy Burgess shares the advice that's helped him achieve the greatest success in his career.
Find out how this Alaska broker went from personal struggle to professional success and how a major disaster led her to her current company.
After surviving wartime and a city under siege, find out how team leader Senada Adžem built an award-winning real estate business.
In bankruptcy court, the Huntsville, Alabama-based mortgage lender says it plans to repay creditors by claiming more than $20 million in tax credits and clawing back $1 million from warehouse lenders.
On May 30, for the first time in its 280-year history, Sotheby's London saleroom hosted an auction at which luxury real estate was exhibited. The headline auction item was a Hudson Valley castle.
Hal Bennett is based in the Seattle metro area. He joins Compass as brokerages continue to compete for top agent talent.
In less than a week, a series of reports has changed the outlook for the timing and magnitude of future Fed rate cuts, sending mortgage rates into a five-day tailspin.
Located 50 miles from Manhattan in the town of Greenwood Lake, New York, Tiedemann Castle has seen $8 million in discounts since it was first listed in 2018.
Tune in to Inman Access and dive into the importance of people skills, strategies to connect better with your clients, and how to become the person who everyone wants to work with.
The Great Renovation is already in process. Author Bernice Ross and New Western's Kurt Carlton discuss how it can solve our inventory problems by breathing new life into America’s aging and abandoned vacant homes.
Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights' latest consumer poll.
California-based proptech leader RealScout has become Leading Real Estate Companies of the World's newest Solutions Group program member, according to an announcement on Wednesday. LeadingRE member brokers who register for a new RealScout account through the LeadingRE platform by June 30 will receive a 20 percent discount, the company explained.
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process.
Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the housing crash and 2007-09 Great Recession, UWM's zero-down loans have to meet criteria set by mortgage giant Freddie Mac.
"The Offer Mobile" is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor's instant offers to consumers' front doors.
After a generationally high apartment construction boom, some developers are now finding that the economics no longer make sense on in-progress projects.
Home values have boomed over the past five years, with New York, Boston and Nashville experiencing double-digit gains in the median price per square foot.
While awards and honors are geared toward high volume, it's high profitability that offers the rewards you're really looking for, coach Verl Workman writes.
Now that Paltrow's kids and those of her husband, Brad Falchuk, are all college-bound, the couple is downsizing. She originally bought the property in 2012 with then-husband Chris Martin for $9.95 million.
RE/MAX Chief Operating Officer Serene Smith is leaving after 7 years in the role. Rob Fuchs has signed on as a new EVP. Changes follow departure of former CEO Nick Bailey, who exited in February.
Will buyers be seeking out dual agency more often, and, if so, do you anticipate working both sides of the transaction?
Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as "double ending."
Real estate compliance expert Summer Goralik looks at the projected prevelance of dual agency and offers a prescription for determining whether it's the best option for agents and their clients.
Industry watchers are sounding the alarm about Microsoft's Bing Real Estate, a site that for several months has been reposting listings from Zillow, Realtor.com and Redfin without explanation.
Understanding technology adoption and service integration, Brandon Dobell of Brown Gibbons Lang & Company writes, will, in turn, unlock operational efficiencies and value creation.
Eric Elfman previously founded Onit, which focuses on artificial intelligence and workflow automation. Former MoxiWorks CEO York Baur is remaining on the company's board.
The interactive chatbot draws on Keller Williams' proprietary models, systems, books and training resources to answer agents' questions and assist with content creation.
Nesthook claims it allows agents to "communicate commission amounts while remaining fully compliant with settlement requirements." Whether it runs afoul of the new rules remains unclear.
While teams are not for everyone, team leader Carl Medford believes teams and their agents stand a good chance of coming out ahead as market changes are enacted on Aug. 17, 2024.
Affordability continues to create challenges for would-be buyers, keeping renters in place for longer, according to a new report from Redfin.
Are you really prepared for that listing appointment? Jimmy Burgess shares the things you need to know before you knock on the door.
Join us for an in-depth look at everything from the latest at Airbnb and Vrbo to the changes investors are making to their portfolios in a shifting real estate market.
Perfect balance may not always be possible, coaches Melanie Klein and Emily Bossert write, but you have the right to seek out the rhythm and way of working that's healthy for you.
Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and Q1 2024 GDP growth revised downward to 1.3 percent.
The law aims to ban all short-term rentals that have minimum stays of 30 nights and require owners to register their rentals with the city.
Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely.
The founder of London-based luxury firm DDRE Global and star of the new Netflix series "Buying London" recently spoke with Inman about the show's so-far icy reception and how he thinks the commission lawsuit settlements will change the industry.
MLSs rethink rules and develop new policies in the face of upcoming changes to their ability to post compensation information.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
With lessons gleaned from Eleanor Roosevelt's Depression-era book, Rachael Hite offers the pep talk you need to take your future, and the future of the real estate industry, into your own two hands.
In response to NAR's proposed settlement, the nation's second largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home.
Sluggish homebuyer activity has pushed sellers to adjust their price expectations, according to Redfin's latest report. The median asking price declined for the first time in six months to $416,000.
The apartment search tool allows users to view listings on Zumper by conversing with the ChatGPT-enabled integration.
The "Zero Dark Thirty" star purchased the home for $5.1 million in 2015. A number of well-known musicians have lived in the apartment in its time, including Leonard Bernstein, who composed "West Side Story" while living there.
Plays on black and white color schemes, both inside and out, seem to be popping up everywhere on listings in the Hamptons this summer. Here's how a few homes have channeled the trend.
Washington Trust "vehemently" denied the allegations leveled by the Justice Department last fall, but agreed to invest and spend at least $9 million to improve access to mortgage credit in minority neighborhoods in Rhode Island.
William Brown, who served as CEO of the company though 2018, is entitled to damages after Matterport prevented him from selling all of his shares when the company went public in 2021.
AREAA President Jamie Tian offers insight into the organization's efforts to fight barriers to homeownership and affordability.
With a refreshed user experience and QR code versatility, this rebranded lead capture app ensures no one gets out of reach, and the improvements made helped it earn a higher rating.
Discover how to make your real estate business unshakeable with our expert-led webinar The art of setting goals and milestones Why you should consider getting certified in a specialty How to showcase your expertise by reading market dynamics-not drama Marketing tactics to educate buyers and sellers while generating appointment leads How to leverage cutting-edge agent […]
Contract signings fell 7.7 percent between March and April to a score of 72.3 on the Pending Home Sales Index last month, according to data released Thursday by the National Association of Realtors.
Sky-high numbers of delistings and price corrections may mean that buyers have finally had their fill of homes that are priced too high, according to Mike DelPrete.
Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs' attorney Michael Ketchmark says "the fox is guarding the chicken house."
Find out how this team leader went from hating real estate to becoming an award-winning broker with a focus on fostering the success of his agents.
You apply discipline to starting and growing your business, but how do you apply that same discipline to making it sustainable? Broker Pam Blair offers guidance for making your real estate business more meaningful and satisfying.
Want to cover yourself and your clients while preventing miscommunication? Careful organization and documentation, Rachael Hite writes, can save your summer.
As rates on conventional mortgages head back above 7 percent, homebuyer demand for purchase loans is wilting, with applications dropping for a third week in a row last week, according to an MBA survey.
The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees.
Neumann told "The New York Times" DealBook that he will end his bid to reacquire the bankrupt coworking firm he founded.
A judge dismissed eXp Realty and founder Glenn Sanford from a sexual assault lawsuit that claimed both entities ignored the alleged actions of two star agents — David Golden and Michael Bjorkman — for financial gain.
Don’t miss your chance to showcase your professional achievements and elevate your legacy in luxury real estate.
Gwin, who previously held executive positions at Wachovia Bank and Wells Fargo, is credited with helping to develop some of the first compliance management systems in the mortgage industry.
Without revealing his identity, the "ring leader" of an identity fraud operation that recently tried to auction off Graceland presented himself in emails to The New York Times, saying his network preys on gullible Americans.
Rocket Homes Chief Technology Officer John Fair told Inman the tool has already resulted in users spending nearly twice as long on the lender's website and returning six times more frequently.
The time to celebrate your team's achievements is now. It's the last 48 hours to transform your career with Inman’s Innovator Awards.
What do you have planned for the months ahead, and perhaps even more importantly, what do you see buyers and sellers planning for summer?
Stop immersing yourself in the day-to-day of your business. CEO Sean Frank shows you how to take on a high-level perspective and run your business like an executive.
The two organizations are involved in a pilot program in which Side teams, who are branded independently, can choose to work with the creative agency in building promotional videos for use across multiple marketing channels.
Despite short-term challenges in the space, multifamily real estate investment expert Michael Zaransky is still bullish on the long-term potential of the sector.
The launch comes as approximately 45.2 million Americans rent out their homes concurrently with the rise in mortgage rates.
Four years after first engaging in a legal battle with disabled veteran Carl Westcott over the purchase of a Montecito mansion, pop star Katy Perry has finally emerged with the home's title in hand.
National home prices jumped 6.5 percent in March from a year earlier to a new record high with the Northeast leading regionally.
Compass Florida's No. 1 agent got into real estate at one of the worst times, right after the 2008 recession. But early sports training cultivated in him a dedicated work ethic that has allowed him to soar to great heights in his career.
The upending of NAR's cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they're adopting to suit the moment.
These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.
Find out how dynamic real estate broker Dawn David creates deep down connections to create repeat and referral business with delighted clients.
By making homeownership more affordable, Bernice Ross writes, DPA enhances the value agents bring to the table and plays a vital role in helping those who might otherwise be excluded from the housing market.
We're all in this together, writes coach Darryl Davis, so here's how to avoid burnout and frustration by charting a path forward for your real estate business.
Industry members see commission suits as one of the top recruiting challenges of 2024. But brokers who can target and elevate middle-tier agents might have an opportunity.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
In the face of backlash from proposed profit-sharing cuts, the franchisor's leadership council is changing its tune.
Broker Aaron Hendon teaches you how to cultivate an attitude of gratitude, even when it's tough to stay positive and productive.
The red brick Georgian mansion, known by children all over the world as Kevin McCallister's home, is back on the market after 12 years and comes with a large Kevin Lego figure for the home theater.
Peter Knag joins the company in the middle of a rough real estate market, and when iBuying specifically appears to have lost some of its buzz.
The "List My Home for Rent" tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. The listings will be syndicated to the Rent.com marketplace later this year.
After 10 years, Homes.com President Dave Mele has left the company to pursue other opportunities. Mele was instrumental in CoStar Group's acquisition of the company in 2021 for $156 million.
Christine Quinn and a number of other stars are set to make an appearance on "Trixie Motel: Drag Me Home," a new HGTV series that premieres on Max on June 1.
Pinellas Realtor Organization / Central Pasco Realtor Organization approved their merger with Greater Tampa Realtors, forming a new group called Tampa Bay Realtors.
Need to create a more pulled-together look for your brand while working with a limited budget? Rachael Hite shares tips to put tech to work for a cohesive design.
These "dinosaurs" of New York City's luxury residential market are on the cusp of modernizing, agents told Inman. Savvy buyers who get in now can still invest while prices are undervalued.
Homeowners can't sell a primary residence through Xome's seller portal without a listing agent, but can hire an agent on their own or ask Xome to match them with one.
The luxury market is back. That was Compass co-founder and CEO Robert Reffkin's primary message during his latest appearance on CNBC's "Squawk on the Street," where he talked about home price trends, mortgage rates, and stock market ebbs and flows.
Proptech columnist Craig Rowe reviews virtual staging solution HomeKynd, an app that empowers users to integrate its tools with listing pages, among other benefits.
Equity Angels was launched in early 2024 by 2018 Inman Person of the Year Kenya Burrell-VanWormer, chief growth officer at NEO, and Katherine Winston, founding member and head of marketing at Plunk.
Find out how this California broker was inspired to start a career in real estate because of the great agents she worked with as a client.
Nimble, a software company that specializes in customer relationship management for “soloprenuers” and small business teams, has shipped a new feature to its customer accounts — email sequencing.
Newly built homes available on the market rose to 480,000, representing a supply of 9.1 months at the current sales rate, up from an 8.5 month supply in March, according to U.S. Census Bureau data.
Truly engaging is an essential component in providing stellar service from first contact to the closing table. Author and trainer Bernice Ross provides a step-by-step approach to evaluating your skills.
Want to make great strides in your business? Jimmy Burgess believes that the answers you seek to a successful real estate practice may be simpler than you think.
RentSpree distributes its product to empower residential agents in their work with clients who may not yet be ready to buy, and to provide them software advantages to offer investor clients or to use in their own rental portfolios.
Bond market investors who fund most mortgages shrugged off hawkish remarks by Federal Reserve Governor Christopher Waller that he wants to see "several more months of good inflation data" before cutting rates.
While lenders welcomed the increase, it might benefit homebuyers as well, by giving loan servicers more incentive to process FHA loan assumptions quickly.
Ileana Musa of Morgan Stanley told Inman Connect Miami attendees that as younger generations, women and Latinos shift into wealth in upcoming years, now is the time to create relationships with them.
World-renowned designer Jonathan Adler sat with real estate icon Sherry Chris to talk about style, authenticity, love and needlepoint.
Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process.
New York City tech workers could only afford about 35 percent of rental apartments available on the market last year, according to a new report.
Statements made by a DOJ attorney during a May 21 status hearing in the Nosalek commission case offer new insights into the Justice Department's impression of the proposed NAR settlement.
Danny Hertzberg, Jill Hertzberg and others shared the stories and tips that helped them succeed while on stage Wednesday at Inman Connect Miami.
Several months after Kofi Nartey announced his team's move to Real, the brokerage has launched a new luxury division with Nartey serving as executive director.
The Fair Housing Classifier is an open-source tool aimed at helping real estate, technology and civil rights organizations create smarter, fair-housing compliant chatbot and search functions for their websites. The code is available on GitHub.
The CEO for Berkshire Hathaway HomeServices Beach Properties of Florida argued at Inman Connect Miami on Wednesday that real estate is like a race — and this moment is similar to a curve.
The historic mansion where Elvis once lived will remain in the Presley family's hands following a lawsuit filed by the actor Riley Keough, Elvis' granddaughter, which alleged the company trying to sell it had committed fraud.
"Mauricio, you are a scum bag," Umansky recalled the Frasier actor shouting in a voice message. The Agency CEO shared how he converted Grammer during Inman Connect Miami on Wednesday.
Homes at the higher end of the market — priced at $1 million or more — enjoyed the spoils with inventory and sales rising by double digits from a year ago, according data released Wednesday by NAR.
The star of "Flip or Flop" talked Tuesday at Inman Connect Miami about how professional hardships, cancer diagnoses and personal hardships paved his road to success.
Keller Williams' Julia Lashay Israel offers a glossary to help you navigate the complex landscape of fair housing regulations and provide fair and equal service to all clients.
Honesty, transparency and a knack for problem-solving are the keys to Coldwell Banker agent Robert Robinson's service-oriented approach to success.
In real estate, where every detail counts, AI can be the tool that sets you apart, Chris Pollinger writes. ChatGPT's new update allows you to do more than ever before.
With plenty of ideas in the air and very little certainty, we want to know what you think. How will buyers pay for their agents in the future?
Luxury leaders Jay Parker, Liane Jamason, Thad Wong and Daniel de la Vega tackled commissions at Inman Connect Miami, saying agents must know and protect their value as regulatory changes draw near.
The president and CEO of Corcoran Group spoke with moderator Jim Dalrymple II about recent changes in the market and how agents can explain their value to clients in the wake of commission lawsuit settlements.
This year, Calque has partnered with some big names including C2 Financial and Cornerstone First Mortgage, as well as a number of smaller players like Portland, Oregon-based Theory Mortgage.
In the last few years, the team has expanded its business deeper into the Miami market and continues to expand across the U.S. to protect itself against market downturns.
A new report found that 33.4 percent of single-family homes for sale in the United States during the first quarter were new builds.
Inman founder Brad Inman kicked off the inaugural Inman Connect Miami on Tuesday with a heartfelt keynote on friendship, community and optimism amid real estate industry challenges.
The sale marks a new record for lakefront properties in Palm Beach. Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200 million.
James Dwiggins spoke at the inaugural Inman Connect Miami on Tuesday, arguing that clinging to the current status quo when it comes to commissions is a recipe for disaster.
With commissions up in the air, Clever's Luke Babich writes that it may be time for some agents to explore alternative compensation models that can provide more consistent and reliable income.
Don't-miss sessions at Inman Connect Las Vegas this summer include those built around value propositions, commission negotiations and the evolution of buyer agency.
Pushing boundaries and changing the status quo, these three independent brokerages offer ideas for moving your own business forward.
Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved.
For multistate CEO and new Inman contributor Troy Reierson, doing business is about more than numbers. It's about a service-oriented approach that changes lives.
The Chinese government has pledged support for state-owned entities that will allow them to buy unsold apartments.
A growing network of partners including CoreLogic and Byte Software are accessing Polly's capital markets platform and product and pricing engine through open APIs.
Investors Christian Gore and Itay Simchi shared 10 U.S. cities where they would never invest in real estate.
Miami Association of Realtors is the most recent MLS to link up with Sidekick, an AI productivity solution spun out of Avenue 8, an independent brokerage based in California.
The rap superstar reportedly purchased the Brentwood estate, which had not been on the market, from former Fox News Corp. Chief Legal and Policy Officer Viet Dinh and his wife, Jennifer Ashworth Dinh.
Understanding the difference between steering and providing thoughtful and meaningful advice and guidance to clients is essential for navigating the future of real estate, mega team leader Carl Medford writes.
Days after announcing the onboarding of UtahReealEstate.com, CEO and co-founder Michael Lucarelli’s rental industry software company is now available to members of REcolorado, the Centennial State’s largest.
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.
Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights' latest consumer poll.
NAR's legal team, president and chief economist defended the group's cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month.
Homebuyers need professional guidance more than ever as they complete one of the most important transactions of their lifetime.
AI is reshaping the landscape of property transactions, revolutionizing traditional processes and boosting overall efficiency.
This journey is not without its challenges, broker Bob Mathew writes, but the rewards — enhanced transparency, consumer trust and a more competitive marketplace — are worth the effort.
This Memorial Day, Dr. Lee Davenport writes, in addition to words of gratitude and affirmation, it's even more important that our veterans have access to affordable housing choices that accept their hard-earned benefits.
Nation's largest mortgage lender says brokers "will no longer need to work with a title company or settlement agent for title work, balancing fees, scheduling closing or any related communication."
Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to Redfin.
A company that builds software for homeowners’ associations, PayHOA, landed a Series A funding round of $27.5 million.
The cuts, initially approved last summer, were set to go into effect this July. But as of this spring, Keller Williams was facing multiple class action lawsuits over the changes.
In the face of so much rapid change and an often-frustrating lack of clarity from The Powers That Be, what the heck are you supposed to tell your buyers and sellers now?
The Serbian government signed a deal with a Kushner-affiliated development company earlier this week that will allow them to redevelop the former headquarters of the Serbian army.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has "proven to be even better" than expected.
Era Ventures, led by Clelia Peters, was the lead investor in the round, its second since October, according to an announcement Thursday. Khosla Ventures and Pear VC also contributed to the round.
Based on estimates of Homes.com’s traffic increase, it's additive to the market and not affecting other portals’ traffic, Mike DelPrete writes. However, that’s not to say it won’t affect their businesses.
Now is the time to expand your skill set, broaden your knowledge and provide value at a higher level than you’ve ever provided, Jimmy Burgess writes, so that you won't just survive, you'll thrive.
Unique, engaging and highly specific content can make you a trusted resource for buyers and sellers locally and regionally, Chicago broker David Marden writes.
For real estate agents, highlighting diverse financing options is one of the easiest ways to attract more traffic to their listings. Clever's Luke Babich shares a few programs and options to know about.
Find out how this top luxury team leader and his marketing-forward Spears Group have transformed their corner of the Florida market.
The rollout of the latest iteration of ChatGPT, calling itself Alex 4o, allows you and your business to do more than you ever thought possible. Author and trainer Bernice Ross shares the latest enhancements.
JPMorgan Chase Bank has agreed to buy about $5 billion in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations.
Homebuyers have yet to respond in force to drop in rates, which have been in retreat from 2024 highs for three consecutive weeks following Fed easing and soft jobs and CPI reports.
Rising inventory and slowing home price growth have made Austin, San Antonio, Tampa, Orlando and Jacksonville some of the best markets for buyers, according to Zillow's latest Market Heat Index.
RentSpree has more than 300 associations and MLSs in its partner network, who primarily use its ApplyLink solution, a single browser experience that automates application collection, screening, approval and other property management operations critical to securing occupancy..
Multiple funds told Reuters they planned to increase their credit exposure to property as banks back off from commercial real estate.
Honor your top performers with a Golden I Club nomination. Simply being nominated for a Golden I award affirms your team's commitment to excellence in a fiercely competitive market.
A collaboration with Christie's International Real Estate Sereno has helped Ullman Group founder Cody Ullman get his new niche luxury brokerage off the ground and gain a foothold in California
The lender boosted mortgage volume 25 percent from Q4 but suffered a $51 million loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future "lies in Uberizing the loan officer."
With the merger, 26 agents will join Corcoran Baer & McIntosh, bringing the combined firms' agent count to 130 across seven offices in parts of New York and New Jersey.
Don't miss your opportunity to celebrate success and innovation. Submit nominations in 13 categories by Friday before winners are announced this August.
With settlement approvals and impending rule changes, we're wondering, what steps are you taking (if any) to get ready?
Gaining traction in your market isn’t solely based on budget, The Agency’s Rainy Hake Austin writes. Prioritize creativity, authenticity, strategic thinking and these free marketing ideas.
On the heels of the National Association of Realtors’ midyear meeting, broker-owner Teresa Boardman wonders why NAR doesn’t livestream (and engage) more members.
Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent "substantial benefits" for sellers.
United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022.
Agents and brokers talk. A lot. But what's left unsaid may be nearly as important. Intel analyzed survey responses of hundreds of real estate professionals for insights into an unbreakable bond.
Celebrate AAPI month with Atlanta team leader Amy Tep by taking the time to understand the many different types of people who are part of the AAPI community.
From neglecting digital platforms to disregarding personal branding, Side's Manny Solis writes, here are five critical rookie mistakes that often derail real estate marketing campaigns.
Ready to transform the way you communicate your value to clients? Marketing expert Marci James helps you reshape the agent-client relationship by prioritizing clear communication and exceptional results.
As the demand for ultra-luxury properties persists, learn how agents can rise to the challenge and secure the most coveted listings in today's competitive market.
Author, HGTV guest and Engel & Völkers’ Martha Melendez shares how her mother’s vision for her has shaped her life and led to her accomplishments.
The National Association of Realtors membership gathered in the nation's capital to ctrl-alt-del its reputation. Did it work?
With $3 million in new funding, Roam wants to help buyers "wind back the clock" on mortgage rates in markets nationwide by the end of the year.
According to NAHB, multifamily developers are feeling less confident in the market for new builds as high interest rates lead to difficult lending conditions.
EXp Realty's new coaching platform, eXp Elevate Coaching, features live and on-demand courses from the brokerage's top agents. The first round of classes starts in June.
Keller Williams hosted its latest RED Day, which challenges its 176,000 agents to give back to their communities. This year's day yielded "thousands" of projects.
The new series will follow Cardone as he evaluates real estate projects and decides whether or not to invest in them.
The monthly index, for which the luxury firm began gathering data in March 2023, is based on roughly 250 responses collected each month from the firm's real estate professionals across the U.S., Canada, Caribbean and Mexico.
The business of selling real estate is evolving at an ever-escalating pace. If you can identify some of the emerging trends and begin to act on those trends, Jimmy Burgess writes, you'll separate yourself from your competition like never before.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Proptech journalist Craig Rowe reviews MoxiPresent by MoxiWorks, a CMA builder and presentation marketing solution for the real estate industry.
Celebrate excellence in luxury real estate with Inman’s highest honor. Nominations close on May 17, and winners will be celebrated at this summer's Inman Luxury Connect in Las Vegas.
Would you rather come across a bear or a man you don't know in the woods? Rachael Hite unpacks the latest social media trend and what it says about agent safety.
During the process of preparing for his first Ironman, ERA President Alex Vidal learned that, whether it's a personal or professional goal, aiming high and executing on a detailed plan of attack can help you achieve it.
CEO Marco Fregenal says the flat-fee brokerage is making progress toward achieving 2024 goals despite seasonality and broader industry challenges driving a $5.9 million Q1 net loss.
Q1 net earnings of $180.5 million were boosted by the sale of $70 billion in mortgage servicing rights (MSRs) and a $141 million markup in the value of the $230 billion in MSRs UWM retained.
An LGBTQ+ Real Estate Alliance survey has revealed the challenges of retirement for LGBTQ homeowners, who worry about safety and acceptance more than their straight counterparts.
The share of seriously underwater mortgages moved up slightly from 2.6 percent to 2.7 percent in the first quarter, according to a report from Attom released Thursday.
A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish.
Mortgage tech and cloud banking software provider says it's debt free and on faster track to profitability, thanks to $150 million cash injection from Haveli Investments.
Realtor.com parent company Move Inc. saw its fiscal third-quarter revenue decrease 6 percent yearly to $132 million as traffic to the site stalls at 72 million average monthly unique visitors.
Some borrwers were quick to spring into action, with applications for purchase loans rising by a seasonally adjusted 2 percent and requests to refinance up 5 percent week over week.
Households with a median income of $64,000 or less lost their buying gains in 2023, according to Redfin. The share of new mortgages issued to this group dropped 11 percent from 2020 to 2023.
The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday.
Matt van Winkle served as chief executive officer of RE/MAX Northwest from 2011 until 2022 and will now lead a Compass team.
Total revenue climbs 18 percent in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse.
Plaintiffs in the commission suit known as Batton 1 had requested a temporary restraining order Wednesday to prevent final approval of the Keller Williams, Anywhere and RE/MAX settlements.
San Francisco-based title tech provider, set to be acquired by Title Resources Group, posts a $20.6 million Q1 2024 net loss, down 46 percent from a year ago.
Fannie Mae survey finds 67 percent of Americans agree that it's a good time to sell, the highest level in nearly 2 years. But only 20 percent say it's a good time to buy.
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements.
Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday.
Email marketing company Constant Contact has rolled out Campaign Builder, an AI solution to automatically generate long-term marketing campaigns.
At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules.
Join us in celebrating real estate's best and brightest innovators at Inman Connect Las Vegas, July 31 to Aug. 1. Submit your nomination now for the 2024 Inman Innovator Awards.
While you need to be aware of the changes going on in the industry, CEO Verl Workman writes, you also need to make sure to keep your focus on what you can control.
Although it may seem righteous to dismantle the institution that NAR has built, brokerage founder Sean Frank writes, the collapse of NAR would equate to the collapse of the modern real estate market as we know it.
In addition to $15 million in direct costs, loanDepot says it lost an additional $22 million in revenue while systems were down, contributing to $72 million net loss.
Enviable weather, ocean views and a lengthy list of landmark tourist destinations have made Florida a treasure chest for short-term rental investors. A Clever Real Estate market analysis published on Tuesday revealed strong property values, robust population growth, and year-round tourist demand have made Tampa, Orlando, Jacksonville and Miami top-tier cities for short-term rentals on Airbnb and other platforms.
Questions of agency, agreements and compensation are on the line. Do you have the information you need to move forward now?
Realtor.com CEO Damian Eales took to the podium on Monday at the MLS Forum of the Realtors Legislative Meetings to refute rival CoStar's earlier claims about Homes.com's growing traffic.
The Real Brokerage reported revenue of $200.7 million in the first quarter of 2024 as gross profit soared to $20.8 million, according to Q1 earnings data released Tuesday morning.
The sales proceeds of $15 million will strengthen the company's financial position and support growth initiatives, Fathom Realty parent company said Monday of its latest move to shore up finances.
Real estate’s new era is upon us. At Inman Connect Las Vegas in July, we’re bringing together real estate’s most trusted voices to cut through the noise and give our community the information and tools it needs to succeed moving forward.
Whether it’s the liquidity of REITs, the adventurous potential of international markets, reliable income from self-storage, or the traditional appeal of residential rentals, Victoria Kennedy writes, each component adds a unique layer of security and opportunity to your investment strategy.
Stop trying to generate leads, new Inman contributor Lauren Harris writes. Start creating a community with the power of content creation that speaks to the neighborhoods you serve.
Realtors and buyers are both confused right now, writes mega-team leader Carl Medford. To help buyers sort out the mess, here are our top 10 answers for buyer questions.
The company's net loss was 36 percent less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5 percent for the quarter.
Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform.
The iBuyer lost $17.5 million between January and March, according to an earnings call Monday afternoon. However, that represents a 71 percent improvement compared to a year earlier.
The Asian Real Estate Association of America (AREAA) has escalated its fight against the State of Florida's foreign buyer ban through a federal fair housing discrimination lawsuit filed Monday. This is the third lawsuit, and first federal suit, against the bill.
Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman had each already reached settlement agreements in the case, and the court has preliminarily approved those settlements.
Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000.
New legislation will give counties the authority to redefine zoning ordinances to phase out short-term rentals.
At the Realtors Legislative Meetings on Sunday in Washington, D.C., the National Association of Realtors President spontaneously fielded tough questions about the trade group's proposed antitrust settlement.
Sidekick was developed by San Francisco-based boutique brokerage Avenue 8. It primarily uses a text interface to send commands to retrieve data, execute tasks and in many ways, function as a common, “visual” interface would. It's now offered to members of SFAR.
Powered by the latest polling results from the Inman Intel Index, this wide-ranging guide explores how brokerages are steeling themselves for a new type of client: the buyer's-fee-evading seller.
While we like to create goals and supportive strategies several months before the end of the year, coaches Emily Bossert and Melanie Klein write, there’s no time like the present to create and benefit from a comprehensive business plan.
As an agent for more than 15 years, owner of The Young Team and CEO of Fello, Ryan Young feels deeply passionate about helping agents scale their business through listings.
These three market trend predictions will assist real estate agents in capitalizing on the abundant home selling opportunities available this spring.
In 1930, the state of Texas adopted “friendship” as its motto. And while the perpetually congenial Kim Bedwell — Global Real Estate Advisor at Briggs Freeman Sotheby’s International Realty in Dallas-Fort Worth, Texas — embodies this welcoming spirit, it shouldn’t be conflated with an absence of dogged ambition.
Real estate professionals have survived upheaval and change in the past, and we'll do so again, broker-owner Teresa Boardman writes, even if we don't yet know quite how.
Find out what Atlanta Realtor Nadine Lutz has learned about the wheel of life and how she serves clients with empathy and integrity.
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected.
Rates have been in retreat as bond market investors who fund most mortgage loans react to the latest economic news and scaleback in tightening by Fed policymakers.
Join Maris Messervey as she reveals expert strategies for showcasing authentic value and growing your business on social media.
Rising population rates and a shrinking racial wealth gap have led to a rise in new mortgage applications among homebuyers of color, according to Redfin's latest report.
Caballero sold 7,012 homes totaling $3.638 billion in volume at an average of more than 19 individual homes every day of the year.
Nearly two months after beta testing, Seattle-based brokerage Redfin has launched its artificial intelligence-powered home search assistant, Ask Redfin, nationwide. Homebuyers using Redfin's Apple iOS app will automatically see Ask Redfin on a home's listing page after completing a quick update.
Real estate coach Jonathan Lack shares insights for what agents can do in the next 30, 60 and 90 days to perform at a higher level in the wake of commission lawsuit settlements.
This week we got our first glimpse into some of the practical, procedural changes that we'll see in the aftermath of NAR's commission lawsuit settlement.
Supra One is “all-new” and fully integrated with the company’s home showing system, a product that allows for simple online home tour scheduling, access details, collaboration features, ongoing showing insights, agent name and concise calendar management.
Nominations for luxury's most prestigious award close on May 17. But there are plenty of ways to ensure your name is synonymous with quality and unmatched expertise. Submit nominees today.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Now more than ever, real estate needs innovators like you. Nominations for the 27th annual Inman Innovator Awards close May 17. Don't let the industry's next great idea fall through the cracks.
As we move forward together, eXp's Kendall Bonner writes, demonstrating a higher level of knowledge and expertise is essential for conveying your worth to potential clients.
Trainer Rachael Hite looks at this viral TikTok trend and makes some recommendations about how agents can save their own day on their worst days with this simple new habit.
On its quest to reclaim the title of nation's biggest mortgage lender, Rocket didn't sacrifice profits, generating $291 million in net income as revenue grew 107 percent from a year ago, to $1.38 billion.
Total revenue declined by 8.3 percent year over year to $78.3 million during the first quarter of 2024, which still bested analysts' expectations for revenue to fall by 9.5 percent.
The firm reported total lodging bookings of $21 million for the first quarter across all of its platforms.
Opendoor drew $1.2 billion in revenue between January and March, according to first-quarter earnings data released Thursday. The new numbers reflect a tough market, but also some hope for the iBuyer.
Fathom Realty has forged two new partnerships with education platform The CE Shop and online marketplace Working Advantage. The partnerships will give Fathom's agents and mortgage loan officers access to exclusive discounts on continuing education courses and lifestyle needs, such as gym memberships and travel.
While 2024 is looking like more of the same down market, leading indicators may point to happier days ahead, according to Mike DelPrete.
Keeping Current Matters CEO David Childers and Jimmy Burgess discuss why a relevant market opinion based on facts, not fears, is key for educating consumers and navigating industry changes.
The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices.
Imaging company Planitar released an update to its iGuide tour experience that encourages buyers to offer contact information and feedback.
Federal Reserve policymakers say they'll slow the pace of "quantitative tightening" to $40 billion a month, less than half the pace envisioned 2 years ago.
Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday.
The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780.
A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software.
Wall Street investors believe promises made by new leadership of New York Community Bancorp, but concerns about the impact of interest rates and commercial lending on regional banks remain.
Michael Bjorkman wants more than $20 million. He says founder Glenn Sanford defamed him when discussing 'bad actors' and jail time on an earnings call.
Stronger lead generation systems and commission structures are driving more agents to consider switching their brokerage affiliations in the coming year, according to Coldwell Banker Real Estate's annual Agent Priorities Report published on Wednesday. In the survey of 1,500 agents, 39 percent said they plan to switch brokerages. That's a 56 percent increase from 2023 when 25 percent of agents said the same thing.
The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023.
In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms.
The local intelligence company's latest tool automatically surfaces locations for homebuyers based on the homes they're already scrolled, offering an alternative to traditional search tactics.
The class of 45 honorees represents the real estate industry's brightest achievers under the age of 40. Future Leaders is the latest addition to Inman’s growing industry-leading awards program.
With an A-list lineup of speakers and applicable tools to stay competitive, you won't want to miss this HOT event taking place May 21-22.
The NAR settlement shook the industry, but agents overwhelmingly told the Inman Intel Index they believe their brokerage has been an effective ally. It's a big win for brokerage training efforts.
After dozens of members of the Inman community commented on a recent Facebook post, we wanted to find out what you think about the recently signed TikTok ban.
No longer is finding the dream home the only consideration when looking for real estate. You must find a community fit for your buyers too, new Inman contributor Charles Banfield writes.
Staying in touch with past clients and "orphans" long after closing could be the key to a lifetime of repeat and referral opportunities. Coach Darryl Davis offers a strategy to help you reconnect.
The new touring agreements will last seven days and are a response to terms contained in recent commission lawsuit settlements.
The struggling loan technology provider will use an influx of cash from Haveli Investments to pay off the debt it took on to get into the title insurance business by acquiring Title365 in 2021.
The court has granted plaintiffs' motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman in the Gibson commission lawsuit.
A year after moving from RE/MAX to eXp Realty, Kendall Bonner has been chosen to lead the brokerage's industry relations efforts. Bonner is also the leader of The Kendall Bonner Team in Tampa.
The company has promoted Amy Weaver to serve as a senior vice president over U.S. growth. The promotion comes in the wake of C-suite shakeups at the brokerage.
The Upper East Side apartment has sold more than a year after hitting the market. The late writer and her husband, John Gregory Dunne, bought the property in 1988.
Over $38 billion in office buildings show signs of distress in downtowns across the nation as the sector continues to struggle through the high rate environment.
The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann's bid to buy back the company.
Keller Williams president and CEO Mark Willis sat with Real Estate News to talk about his return to the Texas franchiser and how commission lawsuits could spark a new wave of brokerage and agent consolidation.
Up to 330,377 homeowners from whom Ocwen collected mortgage payments could be eligible to claim refunds of $60 per broker price opinion and $70 per hybrid valuation
Engel & Völkers Philadelphia will be led by Jim Becker, Ed Casella and Logan Rothman, while Mexico City will be helmed by Rodrigo Pérez del Toro and Malusa de Nova.
San Diego, Los Angeles, Washington DC and New York posted annual price increases for the third-straight month, with each of the cities S&P CoreLogic Case-Shiller tracks hitting record highs.
Eighteen of the 50 largest U.S. metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly.
The artificial intelligence-fueled tool allows leasing agents and landlords to generate new leads more efficiently, providing speed without the need for additional personnel, among other benefits.
Seller predictive analytics company Realeflow has announced its latest product, Leadflow AI Agent, a lead-generation solution to help residential agents be the first to know when someone wants to list a home.
Expressing your value to clients begins with knowing yourself, writes mega-team leader Carl Medford. You cannot articulate what you have never taken the time to determine on your own.
Each Tuesday, the Inman editorial team guides Select subscribers through the new environment of making money and thriving in a post-settlement world.
Coldwell Banker icon Ralph Burnet died on March 19, after a lengthy battle against kidney disease. Longtime friend and colleague Matt Baker reflects on his legacy.
After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows.
If you're having trouble conveying your value to clients, it may be because you don't believe in it yourself. Coach Darryl Davis provides the pep talk you need to take center stage as a client coach and advocate.
The proposed deal would resolve antitrust claims brought by homesellers but not homebuyers.
Backflip, a company that built an application to help investors analyze and finance properties to flip, has secured a $15 million Series A round of funding.
The factors that won your first listing are the same ones that will be intergal in winning over buyers, writes TowerHill Realty CEO Patrick Kilner.
These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.
As the commission landscape changes, Side's Hilary Saunders writes, it's time for agents, teams and brokerages to look at the ways this will improve the industry's reputation.
Many baby boomers are interested in rental markets close to home, multifamily expert Michael Zaransky writes, especially when they offer features that enhance their lifestyles and options.
With preliminary approval of NAR's deal and a new settlement proposal from HomeServices of America, can we finally all get back to business?
Want to work smarter, not harder? Nurture your referral pipeline with these tips from coach Darryl Davis for a steady flow of new leads.
Hit children's TV show "Bluey" is the inspiration for Zillow's latest ad, which debuted Friday morning on NBC's Today show. The 30-second spot features a family in the final stages of moving while the narrator references a landmark episode of "Bluey," where the main character and her family struggle with the opportunity to move to a new city.
Redfin CEO Glenn Kelman said rising rates and home prices are crushing consumer sentiment. However, rising inventory and a year-end interest rate cut will be key to restoring it.
A remodel, strategic pricing, choice photos, an offer deadline and strong agent relationships helped the O'Connor sisters sell a property that previously sat on the market for nearly one year.
Mortgage fraud scheme allegedly listed investors as homeowners to secure lower interest rates, prosecutors allege in criminal complaint against "Team Gallo" leader and his assistant.
Matterport's sale to CoStar will ignite interest in the value of digital twins and tour marketing, and the options for creating them are many.
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
HomeServices was potentially on the hook for the remaining $4.7 billion in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded plaintiffs $5.3 billion.
Change is coming, so it's time to make sure you're leaning into the potential of a listings-based business, Jimmy Burgess writes. Nothing helps do that better than geographic farming.
Patience, collaboration and clear communication, Lindsey Harn writes, can help you help your divorcing clients navigate the rocky shoals of dividing their real estate holdings.
Four months after taking the helm at coaching firm Chirag Shah Coaching, Wendy Forsythe has re-entered the brokerage world as the chief marketing officer for eXp Realty. As CMO, Forsythe will spearhead eXp's marketing strategy, which includes brand management, advertising, digital marketing and public relations.
Local Logic's specific location-based marketing smarts will elevate the search experience for partners of homegenius, a Radian company.
Rising home prices and mortgage rates stifled pending home sales in February, according to the National Association of Realtors on Thursday. The Pending Home Sales Index, which is a forward-looking indicator based on contract signings, was 75.6 in February. The maximum score on the scale is 100, which represents the contract activity seen in 2001. February's performance marks a 7 percent annual decline; however, it is a slight improvment from the previous month (+1.6 percent).
The 4,650-square-foot home is also being listed for $7.5 million by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75 million to $3.75 million.
As the clock ticks down, TikTok faces a real threat of being banned in the U.S., with legislation already signed into law. Jessi Healey says this battle isn't just about an app but about the larger implications of social media, censorship and how we engage online in times of digital scrutiny.
Find out how award-winning Houston broker-owner Nancy Almodovar differentiates her service and elevates her agents at Nan and Company Properties.
The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves.
Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call.
The Gibson and Umpa cases allege Berkshire Hathaway Energy, eXp, Redfin, Weichert, United Real Estate, Douglas Elliman, HomeSmart and others conspired against homesellers nationwide.
Demand for purchase loans picks up slightly, and mortgage rates continue to remain below 2023 peaks, as investors take latest inflation data in stride.
The Consumer Price Index increased 0.6 percent in August, faster than the July rate of 0.2 percent, according to data released Wednesday.
Do you know how to keep your team safe from out-of-control clients or leads? Do they? Rachael Hite offers ideas and information so that you can start an important conversation around agent security.
Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections.
Windermere Real Estate Chief Economist Matthew Gardner revealed to Intel why an inventory surge in the fall of 2022 may have been a blip — and what that might mean for the housing market.
Home values are now 11.4 percent lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August.
2024 begins here. Inman Connect New York is a beacon for savvy real estate pros in their quest for elevated education, technology and sales development.
A team that's communicative and operationally organized can provide truly superior, client-centric service to both buyers and sellers. Texas-based team lead Jen Berbas offers advice and insight in her first column for Inman.
Splitero CEO Michael Gifford explains how rising interest rates and limited housing inventory are intensifying the real estate "lock-in effect," leaving homeowners feeling trapped in their current properties. However increased home equity could offer some financial benefits and much-needed flexibility.
Now that Anywhere has settled, what do you think will happen with the bombshell commission lawsuits?
Goldman Sachs economist Michael Murdoch criticized the Federal Reserve's rate strategy at Ben Kinney Companies' BuiltHOW conference on Tuesday and shared how upcoming policies could impact the 2024 housing market.
Although the timeline is uncertain, the nation's most populous state is on track to fall in line with 44 others that allow RON, a process that can speed real estate closings.
The LA luxury developer is being forced to sell the 27-acre site, which was slated for an elaborate mega mansion, after a creditor tried to foreclose on the property and Hadid filed a bankruptcy petition.
The house was purchased from the television network HGTV for about 9 percent less than the network paid for it in 2018.
Now that Anywhere has announced a deal on the bombshell commission lawsuits, it's time to take a look at the way you communicate with buyer clients moving forward. Trainer and author Bernice Ross offers a step by step guide to make sure you've got your bases covered.
At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon.
The L.A. City Council filed an emergency motion Friday to establish the home as an Historic-Cultural Monument to avoid demolition after thousands of concerned citizens registered their complaints.
Real estate investors now know about the risks posed by interest rates. But what is the threat they'll be facing in a year or two? G. Brian Davis breaks it all down.
The overlap in offerings will empower clients on both sides of the partnership, providing Local Logic users with granular insights on the financial aspects of homes within market reports.
Luxury agent Shelton Wilder, CEO of the Shelton Wilder Group, joins Aaron Kirman at AKG | Christie's International Real Estate after closing $150 million in sales volume in 2022.
It's never too early to get a jump on long-term business and financial planning, sisters Amy Chorew and Maeda Palius write in their first column for Inman.
In the last of his 5-part series, broker Nick Schlekeway looks at lead conversion. What is it, and why do so few agents ever get good at it?
The third round of layoffs in the last 12 months affects employees in 21 states, including Divvy's chief legal officer, vice president of compliance and head of design.
Suburban landowner Suzie B. Wilson has acquired hundreds of largely vacant properties in the city's south and west sides. She has garnered thousands of tickets worth millions of dollars in the meantime.
Where’s the line? Season 2 of "Selling the OC" is a real-time exploration of what's appropriate in the workplace as the drama unfolds both at The Oppenheim Group and on the national stage.
So-called organized real estate appears to be anything but in NAR's convoluted structure, writes Inman founder Brad Inman. No wonder so few successful Realtors are willing to get involved.
Bustling Long Beach franchise RE/MAX Proper has acquired longtime indie brokerage All Nations Realty and Investments. The deal brought more than 100 new staff members and agents to the brand.
Software company RentSpree has added a 22,600-member multiple listing service to its stable of clients, the upper midwest’s NorthstarMLS, according to a September 8 press release shared first with Inman.
Want to stand out from the crowd with your listings? Take advantage of these 10 creative ways to help you draw more attention to your listings.
The luxury sector has always led the real estate industry in terms of innovation. High-end homes frequently include cutting-edge features, and high-end clients raise the bar with aspirational ideas and ambitious expectations. So it’s only natural that high-end agents also try to push the boundaries of what’s possible.
Once you get a transaction, writes team leader Carl Medford, you need to get it to the finish line. Here are five escrow failures that can stop you in your tracks.
Broker Teresa Boardman writes that the lack of transparency from NAR and its leadership has led to a disconnect between agents and consumers. Many perceptions and misconceptions are rampant, and it could spell disaster for the future of NAR.
Although broker Troy Palmquist and DOORA Creative Director Janet Pozos know that brokers expect accountability and investment from their agents, the agents need the same thing from their leaders.
Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy.
A lawsuit filed by a renter in Seattle accuses the property management software firm and major landlords of violating antitrust statutes through a product used to set rent rates.
At least seven former employees of the rent-to-own company posted on LinkedIn on Thursday that they had been laid off from the rent-to-own company.
Rechat is a full-featured marketing app for tech-forward brokerages and teams that have a handle on how to capture their market.
This week on The Download: Now that Anywhere has settled its portion of the bombshell commission lawsuit, who's next?
Construction data and technology company Zonda has acquired yet another company, this time UTour, a system for offering self-guided home tours to enhance Livabl, a public-facing search experience for new construction homes which the company launched in April this year.
With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.
A July letter from Polsinelli, the outside counsel tapped to investigate misconduct at NAR's behest, found evidence of "creepy" and "disrespectful" behavior that, until now, had not been made public.
Every week Sue "Pinky" Benson answers your most pressing Instagram questions. This week, she's helping you find a new real estate account to follow for inspiration.
New cast member, new Cabo office and plenty of new luxury listings — the cast tells Inman this season will be bigger, better and beefier.
The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5 million in a February offering that it used to pay down debt.
National Association of Realtors President Tracy Kasper released the 5-minute video on Thursday outlining the organization's plan to address sexual misconduct charges and rebuild broken trust.
Jonathan Pruzan, once thought to be a front-runner for CEO of Morgan Stanley, has been chosen to run Pretium, a firm that owns tens of thousands of single-family rental homes.
The portal gives The Agency's agents access to all of its marketing and public relations resources, as well as direct access to its marketing team.
Carlos and Moore, who have collaborated on other ventures in the past, have joined the global luxury company to spearhead the new division of advisory services across clients' luxury holdings.
Renters can purchase insurance policies on Zillow's desktop or mobile platform, thanks to a partnership with Homesite Insurance. Renters can pay on a monthly or annual basis.
New tool comes as more homeowners look for ways to offset high housing costs, and as Airbnb looks to add more supply to keep prices down.
The struggling commercial real estate startup said that its leasing costs remain too high and it will look to exit underperforming locations.
While other companies are shedding their mortgage arms, Zillow's seeing potential and doubling down on Zillow Home Loans.
New classes now streaming! Join Inman Access today to gain a new perspective for succeeding in today's market and tactical business building hacks to implement in 2024.
Find out how this South Florida broker moved from selling private jets and yachts to showplace luxury homes.
Lack of affordable housing, rising home prices and soaring interest rates are making the dream of homeownership dangerously unachievable, writes broker, coach and consultant Zak Shellhammer.
Find out how this team on Florida's Space Coast has put a business-builder mindset to work while staying focused on what they do best.
With its power to engage and inform, video can play a pivotal role in ensuring that your best agents see the value in staying. Growth expert Jim Turner shares how to put it to work for your brokerage or team.
Real estate companies that grow now will come out the other side of this shift with massive market share and a strong, loyal agent base.
Revive Vision AI analyzes property photos to assess a property’s current value and renovation potential, utilizing Revive’s renovation recommendation engine to provide estimates backed by local contractors that maximize listing values.
The latest integration of computerized smarts involves First Multiple Listing Service, a 57,000-member organization based in Georgia that will launch an enhanced home search experience powered by the joint partnership between computer vision innovator Restb.ai and CoreLogic, one of real estate’s most recognized data brokers.
The $17 million deal for the sprawling estate, which is located at 10690 Somma Way, closed on Aug. 1, according to a recent report.
Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November.
Some 12.3 percent of San Francisco homesellers who sold their homes during the three-month period ending July 31 lost money on the sale.
The Virginia Corbett Home Team includes 16 agents and five staffers. The team's move to eXp comes as brokerages across the U.S. compete for top talent.
The new class brings the total number of Compass Sports & Entertainment Division agents up to 158, representing 71 different markets. In 2022, they closed more than $7.7 billion in sales volume.
Alexandria, Virginia's fifth-largest city, is on the brink of banning single-family-only zoning. If the plan passes, Alexandria legislators estimate 66 new residential buildings will be added to the city by 2033.
From unrealistic portrayals on reality TV to NAR's unfolding scandal, the industry's reputation will suffer until consumers are offered a better deal, writes NextHome broker-owner Edward Svec.
The Brentwood property where Monroe died from an overdose in 1962 dates back to 1929 and still has original architectural features like beamed ceilings, terracotta tile floors and casement windows.
Pocket listings are positively overflowing nearly four years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows.
Three months after Ring founder Jamie Siminoff became CEO, Latch will be reborn as Door.com, in part to leverage its acquisition of Honest Day's Work, according to an announcement on Tuesday.
We've all known that one person who just can't get (and keep) it together. What do you do when that person is on your team?
Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes.
Find out why "free" isn't all it's cracked up to be when it comes to your professional website and email address, according to brand new Inman contributor and broker-owner Markus Feldmann.
Although growing a team in a sustainable and meaningful way is far from easy, finding and leveraging the right technology can help you effectively manage your people and processes and keep you on an efficient path to your next growth milestone, Sheila Reddy writes.
Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co.
Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to "change its practices."
New York City's law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, hosts must stay in the unit with their guests.
The lawsuit, filed by the daughter of one of Cardone's previous investors, says he misled his followers by boasting on social media about the potential returns they would see from investing in his real estate fund while downplaying the risks.
Realtors are cancelling memberships, hounding local boards and organizing petition drives days after NAR resisted calls Thursday to censure Bob Goldberg for his handling of misconduct claims.
Broker-owner Nick Schlekeway writes that the correct habits and systems plus a focus on the follow up will ensure that you're generating and capturing the leads you need.
Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.
President and CEO of Anywhere Brands Sue Yannaccone writes that this is the time for leaders to find and use their voices so that the industry reflects the values it promotes.
Regardless of the venue, writes team leader Carl Medford, whether sports or business, why do some teams succeed while others languish? It can come down to one key ingredient: A catalyst.
For real estate professionals specializing in the luxury segment, working with buyers overseas is an important part of our business — but it can also be challenging. Real estate practices can vary vastly between countries, and differences in customs, culture, language, and law can complicate the process even more. However, it doesn’t have to be overwhelming, as long as you focus on these 10 fundamentals.
The enhanced property marketing service from the industry’s most popular portal is offered under the company’s ShowingTime+ division, limited to select agents in each market, according to the company.
Mixed payroll and unemployment report sends long-term interest rates surging, but some analysts say the latest numbers reduce the odds of a September Fed rate hike.
Mortgage giants Fannie Mae and Freddie Mac outline relief for victims, including forbearance suspending mortgage payments for up to 12 months.
Real estate didn't shed an unusual number of workers in August. But there are fewer jobs than it once seemed. Inman explains the paradox.
Real estate agents recently revealed to Inman the most unexpected reasons they've lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui.
With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.
This has been an action-packed week in real estate. As always, The Download is here to help you catch up on the latest NAR developments.
As summer turns to fall, Inman checked in with Maverick Design’s Trend Report to see the latest in home interiors. From statement stones to daring details, bold looks are drawing attention in 2023.
Leslie Clarke and Jeannette Floto's team specializes in the upscale Westport and Fairfield County markets, according to an announcement. In 2022, the two-agent team closed $124.33 million in sales.
Joseph Wihbey, Productive.ai's COO and head of product, took a different approach than everyone else in his pitch: he simulated a phone call with a potential client to show what the tool can do.
Support for the embattled CEO, who many expected to announce his early retirement as a result of a fast-moving harassment scandal, came late Thursday with a statement from new president Tracy Kasper.
Victoria Kennedy, CEO of Atman Real Estate, outlines the ways that AI is already reshaping the real estate industry. If you've been holding off on putting AI to work for your real estate business, the time has come to get off the sidelines.
The Realty Alliance CEO Craig Cheatham illuminates the frequently byzantine path many Realtors follow on their journey up the National Association of Realtors's formidable org chart.
In addition to selling Empower and Optimal Blue, the FTC consent order would require ICE and Black Knight to seek prior approval before acquiring an interest in another loan origination system.
The Mark Seiden Real Estate Team is partnering with Howard Hanna Rand Realty, increasing the latter's influence north of New York City, according to an announcement.
Phoenix, Las Vegas and other Sunbelt metro areas saw the biggest slowdowns in investor activity as high rates and low demand cooled activity nationwide, according to reports.
The company's quick turnaround of marketing assets is ideally designed to complement the urgency-based system 72SOLD leverages to promote listings, said co-founder of BoxBrownie Brad Filliponi.
Former President Donald Trump is accused of inflating his net worth by up to $2.2 billion, New York Attorney General Letitia James revealed in court documents released to the public on Wednesday.
The future is here, writes Jimmy Burgess, and AI is the vehicle. Take advantage of the opportunities it provides for smart growth in every area of your real estate business.
In a memo to employees, Redfin CEO Glenn Kelman said the 15-year veteran of the company will serve as an advisor after his final day on Sept. 8. Redfin has no plan to fill the vacated position.
Is this mini-floorplan a sign of "shrinkflation" in housing? This month, the internet weighed in on Lennar's idea of affordability at a tiny-home community in San Antonio.
Tune in to this week's Inman Access classes as experts discuss how to better attract luxury buyers and sellers and what the future of innovation in the industry looks like.
Strategically positioning yourself and evaluating your performance with the metrics that matter will put you ahead of the competition, according to consultant Diana Zaya.
Find out how this player from the international tennis circuit made the switch to the no-less-competitive real estate industry.
To win approval from antitrust regulators for its merger with Intercontinental Exchange (ICE), Black Knight will sell two businesses to subsidiaries of Canadian-based software giant Constellation Software next month.
Three months after a Texas judge sent former Keller Williams CEO John Davis' $300 million fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims.
Funds will go to short-term emergency rental assistance, eviction defense, tenant outreach and education, direct cash assistance for low-income seniors and individuals with disabilities, tenant protections and affordable housing development, according to reports.
After dipping to the lowest level since April 1995, applications for purchase mortgages edge up 2 percent week over week but are still down 27 percent from a year ago as mortgage rates retreat from 2023 highs.
From Janelle Brevard's harassment suit to the fallout that ensued following the resignation of National Association of Realtors president Kenny Parcell, stay up to date with NAR coverage here.
Building on upward momentum from June, pending home sales rose 0.9 percent in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data.
The arcane volunteer structure at the National Association of Realtors prevents proactive decision-making and erodes individual accountability, Brad Inman writes.
Over the past six years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900 million in farmland outside the Bay Area. Now investors behind the plan have been revealed.
Richard E. Kellogg's text messages to a RE/MAX agent led to the evacuation of the agent's office. The Indiana suspect now faces intimidation charges in addition to fraud charges leveled in July.
Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in two key lawsuits, a survey on commissions conducted by Intel shows.
Even as real estate companies cut costs and narrowed losses in the second quarter of 2023, the third quarter may deliver the truest test of their financial mettle, Mike DelPrete told Intel.
The acquisition of the Aurora, Illinois-based, family-owned lender marks San Diego-based Guild Mortgage's fourth expansion since December, according to an announcement on Monday.
As the industry reels from The New York Times investigation into sexual harassment at the National Association of Realtors, Bernice Ross pored over the ever-changing response to the scandal.
One day into Tracy Kasper's term as president of the National Association of Realtors, some agents have raised doubts about her ability to set the 115-year-old organization on the right path.
From financing to contingencies, Eric Bramlett walks you through creating a compelling contract to come out on top in multiple offer scenarios.
Your next error could be the launchpad for building a new level of trust with your colleagues and clients, writes bestselling author Jay Papasan. The secret lies in your response.
Lexington Law and CreditRepair.com parent Progrexion filed for bankruptcy protection in June after the court ruled collection of upfront fees violated the Telemarketing Sales Rule.
Who's in a position to decide what should happen, and what's next for the leadership at The National Association of Realtors?
U.S. home prices rose to within 0.02 percent of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA.
"Our original mission was to provide shelter and security to our communities," writes Teri Conrad, a 16-year industry vet. "But somewhere along the way, we got lost in pursuing wealth and power."
Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City.
Our management team averages 12 years on the job, providing continuity essential to our residents and our business. Here’s how we do it.
Better's market share has shrunk by more than 70 percent in the last year as it focuses on making more profitable loans, with partners like Ally Bank and American Express generating 42 percent of its mortgage business.
Top Agent Network's case against the National Association of Realtors' Clear Cooperation Policy will move forward after the Ninth Circuit court ruled to overturn a lower court ruling on Monday.
The last mile of lead generation, where an agent connects with a client, is what tech can't recreate on its own, Mike DelPrete argues.
The best real estate agents and the people who operate at the highest levels of the industry are not tactical, they are strategic, writes Nick Schlekeway. In part three of his five-part series, he looks at the importance of strategic planning.
Agents and industry leaders said National Association of Realtors President Kenny Parcell's resignation is the first step in making the organization safer for female employees and members.
Two days after The New York Times' investigative report about alleged rampant sexual misconduct at National Association of Realtors, President Kenny Parcell has resigned from his post.
Trainer and former agent Rachael Hite uses NAR President Kenny Parcell's own words to illustrate what a toxic work environment is and suggests some solutions to help fix NAR's issues. NAR members need to stand up and get involved if they want to cleanup the brand's reputation in the coming months.
Christy Thompson sold the Aspen mansion that she purchased last year for $51 million to Tampa Bay Lightning owner Jeff Vinik in an off-market transaction, one of the city's biggest of the year.
Debra Kamin's New York Times exposé details a culture of harassment, intimidation and denial at the National Association of Realtors. Christy Murdock digs into five key takeaways.
Every week Sue "Pinky" Benson answers your most pressing Instagram questions. This week, she's helping you find content inspiration on Instagram Reels.
In the days leading up to The New York Times exposé, NAR left a virtual bread-crumb trail for digital damage control around the topic of sexual harassment. Christy Murdock shares the messaging and how to avoid a PR nightmare.
Whether you’re a team leader or broker, the way you connect with others in your area matters. DOORA broker Troy Palmquist offers five steps to attracting your market’s best agents
Top real estate professionals know that opportunity can be found anywhere. And oftentimes, that opportunity lies in finding unique ways to differentiate your business expertise.
Inman Connect delivers industry-leading speakers, cutting-edge panels, and growth-oriented presentations to top professionals from across the industry. Our partners are a critical part of those experiences and value the opportunity to reach these power players. We asked them for their impressions and takeaways from the event.
Sustainable living was once a novelty for luxury homebuyers, but increasingly, it’s becoming a necessity. And while green architecture and design features, off-grid functionality, and a low carbon footprint may still be considered niche demands in the luxury market as a whole, they’re growing in popularity.
The power of a story is more than just the key to movie-making magic. It’s an essential tool in any marketer’s arsenal, especially in real estate.
In interviews with 29 current and former NAR employees, including 19 who claimed to have endured sexual harassment on the job, The New York Times described wrongdoing running not only through the organization but the subsidiaries and boards its executives currently sit on.
Those satisfied clients need love, too, so make sure you're responding to their positive reviews with sincere appreciation. Laura Stace tells you what to say and how to show your thanks.
After an initial swoon, bond markets take Federal Reserve Chairman Jerome Powell's tough talk on inflation in stride, but the housing sector remains vulnerable to rate hikes.
A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19.
Anne Hodge and Debra Dobbs are joining Compass in the Windy City. The agents together bring more than 60 years of experience in Chicago real estate, according to the company.
Pending home sales rose 0.7 percent from June to July, reversing seven months of declines. However, rising rates and home prices are poised to stifle sales growth into the fall, Redfin said.
Consumer sentiment dipped to 69.5 in August following months of recovery, a downward shift that underscores the complex web of rapidly changing expectations, according to data released Friday.
The 7,500-acre Zorro Ranch first listed for $27.5 million in July 2021, but the price was cut to $18 million by October 2022. San Rafael Ranch, LLC bought the property for an undisclosed price, records show.
People are pointing fingers and raising hell over KW’s recent profit share announcement, writes broker Troy Palmquist. But why is everyone so surprised?
With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.
The National Association of Realtors filed four requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination.
UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80 percent of the area median income.
This week in The Download: Keller Williams President Marc King warned that agents who've left the company will see their profit-sharing slashed unless they boomerang within six months.
The most explosive damage to the National Association of Realtors and the overall industry will result if the defendants lose one or both so-called bombshell lawsuits. Author and trainer Nancy Ross breaks down the possible repercussions.
It is so easy to dismiss someone because they may make a request you do not understand or even think is stupid, writes team leader Carl Medford. Listening to their request and fulfilling it, however, can actually set your life on a new and wonderful trajectory.
Most local associations maintain fewer than two years of reserves and draw on late fees as the most common source of non-dues revenue, according to NAR's inaugural Association Profile.
Not every senior adult is ready to put their house up for sale, writes broker Teresa Boardman. Rather than trying to turn them into listings, it's time for real estate professionals to reach out to senior homeowners with a helping hand.
The Houston-based Christie's International Real Estate affiliate has also opened a new office in Lake Livingston and made two new hires to support the launch of the new division.
Barbara Corcoran told "Good Morning America" viewers on Wednesday that she doesn't foresee prices dropping any time soon but could see them spiking once mortgage rates come down.
In addition to going public at a bad time for mortgage lenders, Barron's reports that a SPAC merger resulted in a huge increase in the number of shares outstanding.
The new office, to be managed by Corcoran Icon Properties Partner Michael Barnacle, is located on bustling Union Street, where trendy restaurants, boutiques and fitness studios are thriving.
Tune in to Inman Access this week for a deep dive into the impact of the industry's megalawsuits and a tactical breakdown on what to focus on in today's housing market to come out on top.
Beloved Keller Williams Moorestown agent Rob Montalbano died in a Lake Travis boating accident on Aug. 13. His brokerage and community have rallied to raise more than $68,000 for funeral costs.
Real estate’s brightest leaders shared their thoughts on the market, insights on the bombshell commission lawsuits and how the industry might change in the future during Inman CEO Connect this month.
Learn from this Canadian broker's professional journey and find out about her No. 1 rule for real estate investing.
With so much to learn as a new agent, it helps to draw on the experience of those who've gone before. Find out where to start with this guide from author, coach and Realtor Erin McCormick Torres.
You have a choice when it comes to the brokerage you'll work with and for, broker Chris Speicher writes. Here's what to look for and how to evaluate your options.
Insurance as a hot-button issue is likely not going away anytime soon. Unfortunately, as long as Mother Nature is in control, agents, buyers and sellers need to be more proactive than ever, broker Cara Ameer writes.
Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests.
MBA forecasters expect rates to ease and sales to rise next year, but Fannie Mae economists predict home sales will remain subdued even if the Fed pulls off a soft landing.
The luxury brokerage's former chief operating officer now steps into his new role as the company works to expand its market presence. Former CEO Mark Coppens will focus on future plans to franchise, according to the company.
As mortgage rates hit new post-pandemic highs on inflation worries, an MBA survey finds applications for purchase loans fell for the sixth consecutive week last week and are down 30 percent from a year ago.
The Kossev Group founder Katie Kossev will be responsible for helping Side's 60 Texas partners grow their businesses through hands-on coaching and support, the company said.
Unburdened by rate lock, the share of first-time homebuyers rose to 50% this year, according to a new report from Zillow. That's the highest share since 2010.
New-home sales rose 4.4 percent in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the U.S. Census Bureau.
The layoffs are part of a reorganization plan that will streamline operations and bring cost savings in the long term, the real estate franchisor said in Securities and Exchange Commission filings.
Following six merger adjustments over two years, Better will go public Thursday with $565 million in new funding and plans to "aggressively" partner with agents as it builds its mortgage production team.
Creating and maintaining positive momentum is essential for your success. Jimmy Burgess shares how to get back on top in the face of challenges.
Nearly three years after Saturday Night Live declared "real estate is your sex now" in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data.
Should agents, brokers and clients put their faith in artificial intelligence right now? Until accuracy is improved, the answer is a resounding "no," Anywhere Chief Product Officer Tony Kueh told Intel.
What carried you through those first days as a new real estate agent, and what secrets do you have to share with new agents now?
While naysayers and doomsdayers compare today's real estate market to 2008, the numbers tell a very different economic story, writes marketing expert Chris Drayer.
The franchisor will drastically slash profit share for "vested KW agents who actively compete with our brokerages" unless they return within six months, Keller Williams President Marc King said Tuesday.
When selected and used correctly, the right technology can be rocket fuel for your business, Mosaik CEO Sheila Reddy writes. However, implementation and adoption make all the difference.
Those beloved referral groups on Facebook may not be the answer to your professional prayers, writes Sue "Pinky" Benson. There's a better way, and Benson is here with a breakdown of how to improve them.
Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is "confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow."
The refreshed campaign features a "Move Meter Match-Up" extension that will encourage NFL game viewers on streaming services to compare cities of the different teams from a real estate angle.
NYC's Independent Budget Office's latest study found 13,362 rent-stabilized units have been empty for at least two years. They said it's "impossible" to know if landlords are justifiably keeping them unrented.
Experts expect U.S. companies to adjust remote work policies in the coming 6-12 months as the office market suffers. "Our cultures are different around work-life balance," said CBRE's Julie Whelan.
Real estate-related companies are frequent targets for cybercrime because of their decentralized structure and high-dollar-value services, writes broker Leslie Guiley. Here's how to protect yourself and your business.
Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07 million — or 16.6 percent lower than a year earlier, according to data from the National Association of Realtors.
Happy tenants increase the chances they'll renew their leases while keeping investment properties occupied and cash flowing. Here's how to do it.
Part web-design agency, all proptech, Luxury Presence has capitalized on a concept by Dawn McKenna that weaves in agents' decisions with a sharp, Apple-inspired user experience.
As the luxury brokerage continues to expand its Midwestern presence, it has strategically moved into Kentucky with Managing Partner Jason Farabee leading the new office, according to the company.
Plunk's repair and renovation analysis tools will serve investors who frequent Xome, which also markets nontraditional listings, such as auctions, foreclosures and other investor-minded assets.
Trainer and marketing expert Rachael Hite shares a few tips and tricks that you can add to your weekly routine to help you create a solid plan B for reference if the MLS happens to crash.
California-based agent Janet Roberson told Inman she was dismissed from Compass after her testimony at a school board meeting caught the attention of her team leader earlier this month.
The essence of garnering rave reviews and inspiring trust in your clients is taking responsibility, even when things don't go according to plan, trainer Bernice Ross writes.
Viant Eye's says rollout of its MISMO-compliant plug-in means SMART Docs "aren't just for eNotes" but documents across the whole loan lifecycle from origination to recording.
A Florida-based couple running a real estate coaching and investment company is operating a scam that’s defrauding rookie investors, according to a handful of lawsuits filed in federal court.
The best agents are constantly steeped in development and education, broker Nick Schlekeway writes, developing their skills personally so that they can achieve and succeed at the highest levels of real estate.
Windermere Chief Economist Matthew Gardner looks at the latest numbers and the markets that still offer affordable options.
Daniela Rendon was sentenced on Thursday after having misused hundreds of thousands of dollars in pandemic relief funds for her own personal luxury purchases, claiming that at the time "everybody" was doing it, according to reports.
Compass was caught flat-footed last year when the market changed, but it executed a necessary turnaround to sustainability.
A pair of explosive lawsuits could upend how brokers do business. As those suits come closer to trial, tell us how you feel about those cases and how prepared the industry is for the repercussions.
Join Sterling Caporale in the final class in his six-part video series to learn what intelligent and persuasive questions you can leverage.
Every week Sue "Pinky" Benson answers your most pressing Instagram questions. This week, she's helping you get a handle on IG captioning.
We’re in an era where cutting-edge intelligent home features and functions are demanded by many luxury property buyers.
When it comes to finding a house to call home and securing a mortgage, the overwhelming number of options, lack of communication and never-ending paperwork can leave even the most experienced agents frustrated and homebuyers feeling discouraged.
Burnout is never failure, even if it feels like it. It's something that you can prevent and manage to stay strong throughout your career.
Compass has purchased the 40-year-old brokerage and its team of nearly 40 agents, marking the publicly traded brokerage's first office in Santa Cruz County, the company announced Wednesday.
Regulators claim lenders' marketing agreements with more than 40 real estate brokerages, including Realty Connect USA, were a conduit for kickbacks that generated more than 1,000 mortgage referrals.
Barbie's total world domination extends to fashion runways, home design and real estate marketing initiatives.
The pandemic first started opening luxury buyers' eyes to New Hampshire's second-home-market opportunities, and now more and more ultra-luxury buyers are catching on.
The town of Bridgehampton, where the median home price is $3.8 million, is home to one of just three remaining Kmarts. Soon it will be one of two, according to reports.
With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.
U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing.
In opening remarks at Keller Williams' Agent Mega Camp, Gary Keller predicted a "rolling recession" in 2024. What is it and what does it mean for you and your clients?
Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get.
The Barbie movie marketing team pulled off the most significant grand slam in film promotion history. Here's what we can learn from it.
There will always be winners and losers in real estate, Jimmy Burgess writes this week. The winners in today’s market will take steps to increase sales now, while setting the stage for more business in the future.
Don't miss the best Inman Connect Las Vegas sessions and takeaways designed especially for real estate brokers.
New Inman contributor and tech CEO Sheila Reddy writes that technology and consumer sentiment are trending toward curated information and experiences. Real estate professionals are well-positioned to capitalize on this trend simply because it’s what they already do.
As Zillow's Listing Showcase rolls out, it’s becoming clear that it will play a central role on the seller side of the business as it unlocks new premium revenue streams.
Join Jordan Cohen, No. 1 RE/MAX agent worldwide, for key insights on taking advantage of every opportunity and succeeding in listing interviews to earn more trust and win more business.
The latest product of Spencer Rascoff's 75 & Sunny Labs, heyLibby takes care of engaging and tracking leads for business owners. The free platform takes less than five minutes to set up, the company said.
Real estate companies and related industries faced down the down market by cutting costs to offset declines in revenue.
Think ahead and communicate effectively with your future business, broker Gavin Payne writes. It will pay dividends in the years to come and set you up for success.
Learn how this Florida broker leads with a service-oriented approach and a focus on the real estate fundamentals.
CEOs, reality TV personalities, your favorite TikTokers and agents in the trenches all converged in Vegas to share their pro tips, hot takes and even more heated debates. In case you missed it, here are the top takeaways for your team.
Team cohesion starts with knowing who you are, where you’re going and why you’re doing what you’re doing, writes Livian COO Erin McCormick Torres.
The case is currently set for trial on Sept. 18, but the National Association of Realtors is no longer a defendant, according to a court order. Some claims against Zillow remain.
Housing starts increased 3.9 percent between June and July to a seasonally adjusted annual rate of 1.45 million units, according to data released Tuesday by the U.S. Census Bureau.
Even after adjusting for seasonal factors, applications for purchase loans fell for the fifth-straight week as mixed inflation data raised doubts that Fed will ease, pushing mortgage rates to new highs.
Trainer and sales counselor Rachael Hite shares her takeaways from ICLV. Your team needs a deeper bench, and you need to keep your mind and heart open to new experiences to roll with the ever-changing tides of market conditions
Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey.
My months-long debate with self-proclaimed, door-knocking champion Ernesto Vargas culminated at ICLV in “The great door-knocking debate.” Here are our top five takeaways.
The biggest publicly traded brokerages and tech companies significantly slashed losses in the second quarter, restoring investor confidence, according to an exclusive Intel analysis of Q2 earnings data.
Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, two companies stood out for John Campbell, a managing director at analytics firm Stephens.
The partnership will allow RE/MAX real estate agents full access to digital floor plans created by CubiCasa now that the company is an "Approved Supplier" on the brokerage's online Marketplace.
"I'm happy. Screw 'em," the Keller Williams co-founder told agents Tuesday at his Mega Agent Camp event, referring to antitrust suits involving commissions in which the brokerage is named.
Last week at Connect, Brad Inman dropped the biggest bombshell of the conference when he told a rapt audience about a text message he'd received involving The New York Times, Bernice Ross writes.
Your mindset can be a game-changer or a deal-breaker, coaches Melanie Klein and Emily Bossert write. Here's how to put a positive, growth-oriented mindset to work for your business.
Think it's time to fire that client or switch brokerages? Tell us how you know when you're ready to move on from a bad professional fit.
If it’s been a while since you’ve been to an industrywide event, broker Troy Palmquist says it’s time you start making travel plans.
It's not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts said.
The couple have been together since 2019 and recently completed a two-year renovation on a Georgian-style home they purchased together in 2020, according to reports.
Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces.
The outlook is mixed, but "it does look like prices may have bottomed out and are on their way back up," said CJ Patrick Company CEO Rick Sharga.
The deal is just the latest of Tom Ford's big-ticket transactions, following a $51 million home purchase in Palm Beach at the end of last year and a more recent trading of that home for another mansion in the luxury South Florida market, according to reports.
Fannie Mae, Freddie Mac and the Federal Housing Administration outlined relief for homeowners as FEMA and the state of Hawaii rushed to provide emergency housing for displaced residents.
A ransomware attack was unleashed last Wednesday, Aug. 8, on Rapattoni, a prominent software and property data provider for the real estate industry. The attack is ongoing, according to reports.
Keller Williams kicked off its Mega Agent Camp on Tuesday with remarks from Gary Keller, who warned of a "rolling recession" while predicting agents will survive treacherous economic terrain.
In a Friday brief, the Department of Justice argued the National Association of Realtors' pocket listing and commission rules need "to be assessed on their merits" on whether they cost American homebuyers billions of dollars a year.
In the first part of his five-part series, broker Nick Schlekeway looks at the way service forms the basis for real estate agent success.
The key to maximizing the impact of your long-form video content lies in a well-structured repurposing strategy, Karen Stone explains.
Safe, affordable housing should be accessible for everyone, writes new contributor Nora Crosthwaite. As Realtors, our responsibility is to our clients, no matter who they are.
Compass has recruited the second-largest Coldwell Banker teams in Denver and Seattle, the Infinity Pros team and the Get Happy At Home team. They are the 51st and 52nd agents or teams to move from Coldwell Banker to Compass this year.
The mortgage technology, title provider and cloud-based banking platform has eliminated more than 1,000 positions in five rounds of layoffs in the last 16 months.
Retail investors and local landlords offer real estate agents a wide array of options for staying active in a market bereft of traditional inventory, you simply need to know how to connect with them.
Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August.
The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows.
If you’re putting together a beautiful, thoughtful offer package, your buyers won’t have to supplement with a love letter. Doora Creative Director Janet Pozos tells you how to impress with your pdf.
Watch the new Inman Access classes for strategies on how to close more deals in today's complex market, along with how influential and persuasive communication can help grow your business.
Nothing is going to disrupt the real estate industry in the years ahead as much as the onslaught of climate change, Minnesota broker Teresa Boardman writes.
Keller Williams President Marc King told Inman he wants KW agents to sharpen their lead generation and conversion strategies as the brokerage's annual Agent Mega Camp hits Austin this week.
As scorching heat waves become more frequent and intense this summer, it is imperative for communities to come together and devise innovative solutions to protect their most vulnerable members. Coach Darryl Davis offers ways that real estate professionals can help.
Every week Sue "Pinky" Benson answers your most pressing Instagram questions. This week, she's helping you choose some new folks to follow.
In today's dynamic real estate market, sellers are seeking more efficient and hassle-free ways to sell their homes. They want more choice, options, and control over how and when they sell.
When listing a luxury home, the quality of the kitchen is critical. Just ask John Messina, Licensed Associate Broker and Global Real Estate Advisor at Daniel Gale Sotheby’s International Realty: “The kitchen is the heart of a home,” he says. “It can determine whether a home sells right away or languishes on the market.”
Whether you've just begun your career as a real estate agent or are exploring new strategies to boost sales, Jessi Healey explains how a sales funnel can be a great tool and strategy to grow your business.
The Valuation Product Suite is geared at modernizing the appraisal process and assisting in compliance with new Fannie Mae and Freddie Mac programs that make it easier to get loans approved without an appraisal.
The Amazon founder and third-richest person in the world reportedly purchased a three-bedroom property on Indian Creek, a barrier island off Miami.
Federal investigators are working with MLS software company, and its insurance carriers are negotiating with hackers, who have prevented new data from being input after the Aug. 9 attack.
The U.S. Treasury Department is poised to enact expanded reporting measures on luxury home sales, putting an end to anonymous purchases that have enabled oligarchs, terrorists and others.
The total worth of homes in the United States hit a record high of $46.8 trillion in June, overtaking the prior all-time high of $46.6 trillion set a year earlier, according to the analysis by Redfin Friday.
If you come from a place of doing good for your buyer clients and being highly aware of the market context, The Agency founder and CEO Mauricio Umansky writes, the results will unfold.
With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.
The 6-year-old digital property management firm scooped up the companies in a bid to boost digital payment workflows and aid tenants in credit building, according to an announcement this week.
A decade after Brad Inman asked if homebuying could ever be as easy as purchasing coffee, Clelia Peters, Curt Beardsley and David Voorhees assessed the state of the end-to-end transaction at ICLV.
Buyers with doubts need to know they're being heard. A well-oiled process for responding to their objections can help, Bianca D'Alessio and Aaron West said Thursday at Inman Connect Las Vegas.
Could Clear Cooperation be the problem when it comes to the years-long inventory shortage? Actually, yes, according to industry analysts.
Don’t believe the lies. You are in the right place, at the right time, and in the exact business that can help you build the life you always dreamed of having, Jimmy Burgess writes.
Realtor.com parent company Move's Q4 and FY 2023 revenues slipped by double digits, with the company bringing in $602 million for the full year, according to an earnings call on Thursday. Despite its struggles, News Corp CEO is confident in the brand's ability to stand toe-to-toe with its competitors.
Carl Westcott, 83, claims his judgment was impaired when the contract with Perry and Bloom was signed, due to opiates he was prescribed following an extensive surgery to treat Huntington's disease, according to reports.
The Los Angeles agent told the crowd at Inman Connect Las Vegas on Thursday that he owes his success to mastering the listing interview. "There's no second choice to this," Jordan Cohen said.
Prior to her stint at CityRealty, Mason spent several years at Stribling & Associates which was acquired by Compass in 2019. Now she'll be reunited with many of her former colleagues, Inman has learned.
To qualify for grants being made through Wells Fargo's existing Special Purpose Credit Program, homebuyers can't earn more than 120 percent of the area median income.
The round, led by existing investor Aquiline Technology Growth, will allow Flueid to add more integrations to its verification of title solutions suite and refine its purchase solution.
The topic of artificial intelligence had room to breathe at Inman Connect Las Vegas, and brokerage leaders would be remiss to blow it off, according to a group of proptech executives in the kick off of the Tech & Data track during a session called "How To Plug AI Into Your Brokerage Operations."
"We’re encouraging people to think beyond this point of the interest rate cycle," Roofstock CEO Gary Beasley said at Inman Connect Las Vegas on Wednesday.
"I want our industry to look more at the rental market not as something that's completely separate and distinct from the homebuying market," Michael Lucarelli said Wednesday at Inman Connect Las Vegas.
The Real Brokerage founder Tamir Poleg and his executive team walked away with Inman Innovator Award's highest honor, thanks to their amazing strides in tech and recruiting.
NYC-based Real Brokerage's second-quarter revenue increased 65 percent year over year to $185.3 million. Despite raising fees in the first quarter, its agent count ballooned 105 percent year over year to 11,500, according to an earnings report.
Brokerages need agents and their personal brands, more than agents need the backing of brokerage brands Baker argued at Inman Connect on Thursday. "My name is Glennda Baker, and I am a brand."
Nine months after temporarily shuttering its services and three months after being acquired by EasyKnock, Ribbon is now offering cash backing to buyers in Atlanta and Charlotte once again.
Price declines were bigger in the spring than in the late winter, according to quarterly home sales data issued Thursday by NAR. But to real estate agents in most U.S. markets, it didn't feel that way.
The Consumer Price Index increased 0.2 percent in July and rose 3.2 percent annually, according to data released Thursday by the Bureau of Labor Statistics that suggests inflation is still cooling.
Investment in proptech was down 66 percent in the first half of 2023. What’s going on, where’s the opportunity and what information can keep you ahead of the curve?
Everyone's talking about chatbots. But three experts at Inman Connect Las Vegas explored AI's other cutting-edge applications for agents during a panel on Wednesday.
Greg Robertson, Joshua Coleman, Amy Gorce and Gene Millman debated whether the relationship between MLSs and brokers has improved over the past decade during a session at Inman Connect Las Vegas.
Artificial Intelligence could make lending more efficient, though the most radical developments may still be decades away, two tech leaders said Wednesday at Inman Connect Las Vegas.
Marketing dynamos from Anywhere, The Agency and Collabra Technology shared how companies can wield artificial intelligence and market data to help agents stand out in a competitive market.
Redfin Senior Director of Brokerage Operations Joe Rath and NextHome CEO James Dwiggins said during an Inman Connect panel that pocket listings have proliferated since Clear Cooperation.
Find out how this vineyard specialist learned that leading with kindness, while taking the time to educate clients, fosters success.
Fathom logged a net loss of $4.3 million during the second quarter, an improvement over the $5.7 million loss logged during the first quarter, according to its earnings report released Wednesday.
"There needs to be a little more respect" between real estate agents and loan officers, panelists Padi Goodspeed, Kathy Helbig-Strick and Katie Sweeney discussed at Inman Connect Las Vegas.
Judge Patti Saris, of the U.S. District Court in Massachusetts, said she "loved" the commission rule changes the deal includes, but didn't think the litigation fund was fair for plaintiffs.
Every broker wants to recruit top agents. But what works when transactions are scarce? Two real estate professionals shared their thoughts Wednesday at Inman Connect Las Vegas.
The key to success in attracting and retaining good agents lies in large part on a broker's mindset, speakers said Wednesday at Inman Connect Las Vegas. And adopting a "we" instead of a "me" attitude.
At a time when demand for loans has shriveled, Polygon Research CEO Val Buresch argued at Inman Connect Las Vegas on Wednesday that open communication will help people take action.
At Inman Connect Las Vegas on Wednesday, Guy Gal outlined the three major reasons he sees boutique agencies as uniquely positioned for success in all kinds of markets.
"Stop interviewing," Cheplak urged. "You need to interrogate." The real estate coach and leadership expert shared advice Wednesday at Inman Connect Las Vegas.
"This is not a time to stabilize. If you stabilize in a market like now you're going to fall behind. You have to grow," Redfin's Jason Aleem said at Inman Connect Las Vegas Wednesday.
Loan officers and assistance programs are just 2 ways to close the knowledge gap, Zillow Senior Economist Orphe Divounguy and Rocket President Tim Birkmeier said Wednesday at Connect.
Deep into the nitty-gritty of what it's like to be a brokerage in this market, at CEO Connect - George Canciobello, Kymber Menkiti and moderator Clelia Peters talked what it takes to keep talent happy today.
The CEO tract at Inman Connect Las Vegas on Tuesday wrapped with proptech adviser and strategist Mike DelPrete telling an audience of his peers that legacy brokerages are facing an “innovator’s dilemma."
During an Inman Connect panel on Wednesday, Compass' CEO argued the brokerage's in-person philosophy gives it an advantage over rival firms "charging the least and giving you the least."
By WeWork's own admission, it is unlikely to last as a company much longer. In order to survive, an earnings report said it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital through debt or equity securities or asset sales.
At ICLV, the social media consultant offered a prescription for using AI and ChatGPT in your real estate business, from marketing to customer service to automated lead gen.
Demand for purchase mortgages fell for a fourth consecutive week last week as rates continued to climb and inventories of homes for sale remained scarce, an MBA lender survey showed.
"We remain bullish about an increase in activity over the back half" of 2023, Houlihan Lokey Managing Director Chris Hough said during a presentation Tuesday at Inman Connect Las Vegas.
An Intel analysis of the National Association of Realtors' nonprofit tax filings between 2004 and 2021 reveals just how much the trade group pays its top executives and leadership team.
Highnote, Instacard and ListAssist are among the startups the National Association of Realtors has tapped for its annual 'Pitch Battle' later this month in Miami, according to an announcement Tuesday.
United Wholesale Mortgage, the nation's largest lender, also raised refinancing volume by 23 percent after being hammered by higher interest rates, according to Q2 earnings released Wednesday.
Lily Liu's company offers rewards and credit reporting for renters. And she said that while there is anxiety in the market, technology has the potential to make things better.
Matterport posted second-quarter revenues of $39.6 million — a 39 percent increase from the same period a year earlier that squeaked past analyst estimates of $39.2 million, according to a Tuesday earnings call.
Ariana Gaffoglio of Official, Jason Mitchell of the Jason Mitchell Group and Compass agent Holly Meyer Lucas said collaboration and enhanced coaching are what agents desire in the new year.
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference.
Whether they pretended to be nice or just asked to speak to the manager, we want to hear about your worst Karen (or Ken) encounters.
The low-inventory problem has consumed many agents' minds for years. Top agents shared at Inman Connect how they stay ahead of the game by drilling down into some of these strategies.
Real estate agent, podcast host, coach and event creator Claudia Inoa encouraged the Inman Connect Las Vegas audience Tuesday to be open to new opportunities.
"The part that I can't control is the market, but I can control my market share," @properties CEO Thad Wong said at Inman Connect Las Vegas on Tuesday.
The AI revolution is officially upon us. There's a tasteful way real estate agents can utilize the tool in their social media strategy while staying true to themselves, speakers shared at Inman Connect on Tuesday.
Zeroing in on skills development and action are the most effective ways to ensure your brokerage or team stays productive during a down market, Verl Workman said Tuesday at Inman Connect Las Vegas.
At Inman Connect, star brokers Josh Peters and Nile Lundgren shared the power of authenticity and dedicating yourself to a niche during a challenging real estate market.
Homeowners feel locked in and for good reason. But sellers should know the other side of the coin too, agents argued at Inman Connect.
"Bad advice that sounds cool is still bad advice," Sharran Srivatsaa of The Real Brokerage cautioned agents Inman Connect Las Vegas. Instead, try these five tips he suggested to set yourself apart.
Among bowls of lightly dressed, kale-Caesar salads and assorted rolls on industry trend-themed tables, an audience of C-level real estate, mortgage and technology executives sat down to hear Brad Inman chat with Tamir Poleg, Real Brokerage founder and CEO.
At $4.55 billion, loanDepot's Q2 purchase loan originations were up 30 percent from the first quarter, but down 52 percent from a year ago.
Zillow's Errol Samuelson compared the rise of AI to the invention of the steam engine and encouraged real estate professionals to stay vigilant when it comes to technology.
A panel of venture capital investors at Inman Connect Las Vegas said funding had likely been delivered to new proptechs without enough diligence during the most recent bull cycle in the market. And now is the time to get "more prudent."
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally "bullied" into change.
At Inman Connect Las Vegas, real estate strategist Mike DelPrete explained the "unfair advantage" of the low-fee business models and how agents are the ultimate solution to the real estate industry's survival.
"You've got to be comfortable with being uncomfortable," said top-producing agent Dawn McKenna at Inman Luxury Connect.
During Inman Connect on Tuesday, Damian Eales, Realtor.com's newly installed CEO, revealed the marching orders he's received from Rupert Murdoch as he aim to scale the top of the portal game.
Sue Yannaccone, the president and CEO of Anywhere Brands, also argued at Inman Connect Las Vegas that her company is well-positioned to thrive as the housing industry evolves.
"Significant progress" in Federal Trade Commission negotiations have been reported since Black Knight's Empower loan origination system and Optimal Blue division were cut from the deal.
Plunk Pro offers investors, advisors and analysts access to real-time information on the housing market, the AI-powered home valuation and analytics company announced Tuesday.
Sharing your Inman experience, or any real estate conference for that matter, on social media is actually a smart move, agent, host and comedian Karen Stone writes.
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City.
"Belong to the private clubs, golf at the best golf clubs," Jean Merkelbach, of Engel & Völkers said at Inman Luxury Connect. "Be where they are so they recognize you."
Compass' 2Q revenue dropped 26 percent year over year to $1.5 billion, according to an earnings call Monday. Despite lower revenue, the brokerage reached free cash flow positivity and slimmed net losses.
Luxury real estate agents discuss the nuances of balancing sellers' wants and needs against MLS rules and ethical standards as it relates to off-market listings Monday at Inman Luxury Connect in Las Vegas.
The agreement provides 50 of Christie's International Real Estate's Masters Circle agents access to Modwell's proprietary and patented tech design platform to assist homebuyers in seeing a property's potential.
Luxury agents can earn points for authenticity by giving clients a clear picture of prices today's housing market will bear as long as it's backed by data, experts said Monday at Inman Luxury Connect.
In a down market, clients might not like what agents have to say. But they need to hear it anyway, Frances Katzen of Douglas Elliman and Rachel King of SERHANT. agreed at Inman Luxury Connect.
Inman Luxury Connect panelists Joyce Rey and Paul Benson shared how they make deals happen in a transitioning market.
In his opening remarks at Inman Connect Las Vegas, Brad Inman suggested that the real estate industry's interconnectedness represents a means of capitalizing on the globalization of the market.
Copper Beech Farm was originally listed for $150 million back in February. Despite a cut, the sales price still puts the estate within the five most expensive residential real estate transactions of 2023.
Self-proclaimed door-knocking champ Ernesto Vargas will be onstage at ICLV this week, helping attendees hone their presentation skills to engage with the people they encounter.
The customer relationship management platform vowed "a path to six-figure earnings within 24 months" for real estate agents and teams who follow the program from beginning to end.
Joe Rath is Redfin's senior director of brokerage operations and head of industry relations. He shared thoughts on Clear Cooperation ahead of his appearance at Inman Connect Las Vegas.
You've been dreaming of the lights and glamor of Las Vegas for months. Skim Inman's quick and handy guide to make the most of your time while at Luxury Connect in the Sin City.
Luxury real estate has always been an “early adopter” of innovative design technologies, and its evolution has ramifications for the entire real estate industry. That’s why it’s so fascinating to watch the development of sustainable design.
Teams just scored the most sophisticated solution ever created thanks to the latest release by the newly combined Inside Real Estate and BoomTown teams.
"Enough is enough," say some of the industry’s top female leaders and members of Awesome Females in Real Estate, who are putting the industry on notice about sexual harassment. Read their suggested solutions for inappropriate behavior.
You can create a safer, more positive culture in your office, even if you're not the one who's actually in charge, writes agent and advocate Andi Blackwell.
These five do’s and don’ts will keep you on the right side of being a hustling hero and not looking like you need a cold glass of water, Laura Stace writes.
The Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages.
The company intends to prepare agents and homeowners for the "millions of new high-performing homes improved through the Inflation Reduction Act (IRA)," according to an announcement.
Home transactions may be down, but you wouldn't know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the U.S. Bureau of Labor Statistics.
From the seller who wanted to display a room full of snakes during a home showing to the renter who was an insurance scammer, the clients luxury agents deal with in California can be a handful.
San Clemente, California's top broker, Doug Echelberger, and his team of seven agents has moved to Side, where it will operate as Inhabit Real Estate, according to an announcement on Tuesday.
Wondering what you missed this week? Catch up with Inman's Top 5 stories for the week of July 28 - Aug. 4, 2023.
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman.
Over nearly three decades, these are the lessons that Jimmy Burgess has put into practice to grow. Put them to work for your business.
EXp's revenue fell 13 percent from the second quarter of 2022 to $1.2 billion, and its gross profit decreased 10 percent to $96.5 million, according to an earnings call Thursday afternoon.
A rising tide of economists are backing away from early forecasts that the U.S. is very likely to enter a recession later this year or by the first quarter of 2024. But some still see dark clouds ahead.
When a TikToker claimed that an entire neighborhood was up for sale, the portfolio listing sparked a debate over displacement and institutional investment.
If, as an industry leader, you only care about female agents' production, and not their safety, think about what that makes you. We already know who you are.
Redfin's second-quarter revenue declined 21 percent year over year to $275.6 million, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday.
The partnership gives Tom Ferry's network of real estate professionals access to the client satisfaction and retention platform, according to a statement.
Regional banks have largely weathered the crisis fueled by this year's failures of Silicon Valley Bank, Signature Bank and First Republic Bank by pursuing mergers and boosting deposits through third-party brokers.
The iBuying giant sold fewer homes and brought in less cash in Q2 2023 than it did during the same time in 2022, but it still managed to end up in the black to the tune of $23 million.
Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday.
Joseph Magsaysay will join Compass' leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. Magsaysay said he's developed a "people first" leadership strategy.
The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday.
Zillow's new product represents a new business model — from pay-per-lead to pay-per-listing — that mirrors the way profitable international peers monetize their market-leading positions.
While the brokerage's overall head count rose modestly to 144,510 agents in the second quarter, its agent count declined in the U.S. by 6.3 percent, to 56,987, according to a Q2 earnings call Wednesday.
The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of two highly anticipated bombshell commission trials later this year.
As he moves his 12-member team to Real, top sports and entertainment agent Kofi Nartey sees the brokerage company's sweeping growth and tech adoption as the wave of the future.
Embracing the digital shift is not only essential for survival but also offers immense opportunities for growth and success in the real estate market of the future, writes Victoria Kennedy, CEO of Atman Real Estate.
Your brokerage's recruiting strategy hinges on understanding and leveraging your unique value proposition, then communicating it to agents, writes growth expert Jim Turner.
Find out how this iconic South Florida luxury broker has built a business selling some of the area's most desirable waterfront showplaces.
Will the partial elimination of affirmative action in elite college admissions eventually impact representation, access and opportunity in the real estate industry? Watch Dr. Lee Davenport's conversation with Spelman College professor, Dr. Francesina R. Jackson.
Expect expert insights as these eight iconic leaders take the stage at Luxury Connect. From groundbreaking sales tactics to visionary marketing strategies, these trailblazers have redefined what success looks like in luxury real estate.
The funds will go toward general operations and services expansion to help the space "better understand the impact of location," according to a company announcement.
Mortgage rates could come under more pressure as Fitch Ratings downgrades U.S. debt over concerns about rising deficits and ongoing debt ceiling showdowns.
The company lost $38 million between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as "crucial," in a newly published earnings report.
Aryeo offers an online platform for managing real estate marketing media, founded by a trio of real estate photographers and media creatives. It will fall under ShowingTime+, according to Zillow.
Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars previously reserved for losses.
In the last month, the East Coast-based brokerage has made two strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island.
The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs.
Daniel Kenigsberg alleges a series of fraudulent documents led to his land being stolen last fall before contractors built a single-family house on his half-acre of land in Connecticut.
Having unloaded almost all of its older inventory, the iBuyer ramped up home acquisitions by 131 percent, to 840 homes, in the second quarter of 2023 and expects positive adjusted earnings by year's end.
The Fed has raised interest rates to fight inflation in the past. A new Intel analysis illuminates the data behind the "rate lock" of the early 1980s and how long it took home sales to eventually recover.
For all its bluster, CoStar Group likely doesn't think it can overthrow Zillow to become real estate's top portal, Mike DelPrete tells Intel. Here's what the commercial real estate giant is really after.
New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers.
Did you screw up a contract? Lose a client? This week, we want to know about your biggest mistake as a real estate newbie.
Don’t let the costs scare you, Kevin Woody writes. Your willingness to plan and prepare will contribute greatly to your success as a brokerage owner.
A 35-home listing on Zillow has prompted debate over displacement and institutional investment — and pushback over a TikToker's claim that an 'entire neighborhood' was about to hit the market.
The road to real estate success is paved with strong connections, integrity and a genuine focus on client needs, trainer and coach Bernice Ross writes.
In today's Lesson Learned profile, find out how New York City's Reba Miller learned that your next big deal can come from anywhere — even lunch.
Leading Real Estate Companies of the World (LeadingRE) continues to extend the list of proptechs it recommends for its tens of thousands of agents, most recently adding Rechat, a comprehensive digital marketing and business management solution, the company said.
Through the agreement with Dilbeck Real Estate, Dilbeck offices will adopt the E&V name and license partner Paul Benson will gain a new ownership stake in the business, Inman has exclusively learned.
NAF offers multiple partnership models, including a joint venture option the mortgage lender launched in April that's overseen by industry veteran Al Miller.
This is the second such partnership the real estate technology company has secured lately, having also agreed to work with the Realtor Association of Metropolitan Pittsburg, DirectOffer said.
CrowdStreet CEO Tore Steen ousted after $63 million from investors went missing in a deal a fiduciary said had "red flags that are indicators of fraud," according to reports.
The former GM of Joyce Rey's team at Coldwell Banker said he is ready to spread his wings and likes what he sees when it comes to Aaron Kirman's success in growing his team, Di Prizito exclusively told Inman.
Cory Shepard took the reins at the San Diego Association of Realtors last week after now-former CEO Michael Mercurio was accused of stealing over $1M in association funds, the complaint reads. Four former executives filed the case against SDAR last week.
Piñata Pay lets tenants build credit and earn rewards, while also potentially streamlining the rent collection process for landlords.
Mike Rose told Canadian regulators in British Columbia he was on a new medication that made him "unusually dehydrated." But does that justify drinking his clients' milk, straight from the jug?
Buyers and brokers view deals differently. But they don’t have to be adversaries. Here are strategies to bridge the gap.
Tawan Davis started the Steinbridge Group in 2016. Today it boasts $500 million in active investments, a number that could triple by 2025, he tells Inman. Here's how he's thriving amid uncertainty.
Rebranded as HHG | Compass, the 12-agent team hails from Corona Del Mar, California-based luxury brokerage Residential Agent, Inc. with operations spanning San Francisco to Los Angeles.
In a "friend of the court" brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors' commission and pocket listing policies.
With Inman Connect Las Vegas rapidly approaching, Inman founder Brad Inman offers his notes, compiled over two decades, on what attendees should expect at this year's conference next week.
Whether you are just getting started in real estate or are looking for ways to freshen up your career with a commitment to personal and professional development, investing in yourself is always a good bet, according to new Inman contributor Tina Lapp, head of local brands for Colibri Real Estate.
Changing of the guard demonstrates mortgage is just one component of a larger fintech strategy, with former Intuit, PayPal exec set to succeed interim CEO Bill Emerson on Sept. 5.
New Zealand’s ListAssist, a software company helping agents write listing copy using computer vision AI and large language models, has landed an agreement with TheMLS to offer image-based property data input.
After an interaction with an AI chatbot went south, Grant Cardone blasted Austin and Seattle as the worst places to invest in real estate right now given how overbuilt the markets have become in recent years.
Whether you're hopping a plane to your next conference, sitting by the pool or just looking to up your game, here’s our list of reads — whether you hold the pages in your hand or listen to an audible version.
Nearly half the people who moved within the U.S. in the past year believe they’ll be impacted by climate change in the next decade, according to a survey the company conducted in the spring.
Candice Milano and Malessa Rambarran, the millennial co-leaders of The Milano Rambarran Team at Brown Harris Stevens, are launching their new podcast, The Build Up, to reach a wider audience.
Trainer, writer and horror podcast fan Rachael Hite recommends five podcasts that the perfect frightful escape. If you need to take a break and reset, these fun recommendations pair perfectly with your campfire and s'mores.
The move comes eight months after the firm rolled out its agent success services, Inman has learned. A Southwest BHHS franchisee also recently announced an agent benefits package.
Knowing yourself and your relaxation style will ensure that this year's vacation truly allows you to unwind and rejuvenate. New Inman contributor, and broker-owner of YogaBug Real Estate, helps you figure out what works for you when you're away from work.
Real estate software company Chime has updated with a ChatGPT plugin to power its users' marketing content generation, according to the company.
Ahead of his appearance at Inman Luxury Connect, the Spears Group founder told Inman demand for trophy properties or highly unique listings is at an all-time high throughout North Florida.
For Inman Ambassador and new contributor Karen Stone, these tips have been the secret sauce for conference success. Get ready to make your mark in the real estate world.
Luxury buyers have been hot on Palm Beach, with 7 of the year's top 20 deals coming out of the luxe South Florida market. Overall, this year's list shows buyers' thirst for trophy properties.
There are few industries as reliant on personal relationships as luxury real estate — and those relationships start with the agents themselves.
We're bombarded with negative vibes, flashy headlines and a crazy competitive market, but don't let that get you down, coach Darryl Davis writes. Instead, remember to keep your eyes peeled for those hidden chances that can turn things around.
Bryan Knisley previously ran his own brokerage and completed stints at RE/MAX and Keller Williams. He's bringing 27 agents with him to eXp, according to the company.
The suit accuses now ex-CEO Mike Mercurio of using association credit cards for personal purchases, inflating his vacation time and selling items that the association paid for on eBay.
Former Keller Williams NYC market center owners Ilan Bracha and Heim Binstock's battle for their 377 Broadway office is officially over as a new owner snapped it up at an auction for $11.3 million. The office went into foreclosure in 2018 after the duo broke their re-fi loan terms, according to a report.
Co-ownership company Pacaso has rebounded from a slow start to 2023 with a bevy of new luxury-home acquisitions and its fastest ever sell-out: A four-bedroom, four-bathroom home in Cabo San Lucas, Mexico.
The annual paycheck for a first-time homebuyer is roughly $64,500 to afford the typical U.S. "starter" home in 2023 — up 13 percent from a year ago, according to a report from Redfin.
Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. "Nobody wants to sell anything today," he said.
With an influx of tech and entertainment giants like Tesla and Universal Studios, not to mention a rising tide of millennial buyers, Texas is bursting at the seams as agents rush to find new listings.
Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and the demand from this new class of wealthy buyers is stretching the state's luxury inventory thin.
Inspired by this summer's hottest TikTok dating trend, trainer Rachael Hite breaks communication down into three simple steps to start seeing results in your frosty pipeline.
On today's Download, check out Compass' new tracker tool, then check out some of our best recent advice on keeping those past clients percolating through your pipeline.
Wondering what you missed this week? Catch up with Inman's Top 5 stories for the week of July 21-27, 2023.
Watch this week's Inman Access classes to learn how to take your business to the next level on your own timeline and discover communication strategies to better position your value.
Representation matters when marketing to the 26 percent of people with disabilities. In part four of her series, Rachael Hite looks at ways to make your marketing more meaningful.
Driven in part by the popularity of the television series "Yellowstone," this area has experienced a surge of interest from high-net-worth-clients. Broker and real estate educator Robyn Erlenbush outlines the upside and the challenges of this luxury market.
Worried about recruiting and retention? Your agents hold the key to your brokerage’s success, and you hold the key to theirs through exceptional marketing, Doora Creative Director Janet Pozos writes.
BoxBrownie's SnapSnapSnap mobile app takes automated bracketing to the next level to produce the highest quality possible listing photos with an iPhone.
When you’re out door knocking, reading the signs can give you insight into the needs and concerns of the people you meet, writes agent Ernesto Vargas.
A drop in supply was enough to offset the drop in demand, sending prices up 2.6 percent in July. That's the biggest jump since November, according to Redfin.
For the month of May, 2.6 percent of all mortgages in the U.S. were in some stage of delinquency, a 0.1 percent decrease from the levels seen a year before, according to data from CoreLogic.
The suit from the Apartment Association of Greater Los Angeles argues that the city's rent freeze rule robs property owners of income and due process.
As economic headwinds push native-born population and household formation growth down, Harvard researchers say immigrants hold the key to the housing market's future.
With the gross domestic product eclipsing expectations in 2Q, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction.
Homes under contract inched up 0.3 percent between May and June to a measure of 76.8 on the Pending Home Sales Index, according to data released Thursday by the National Association of Realtors.
Meet the expert speakers joining us at Inman Connect who specialize in customer experience, branding and marketing strategies for real estate.
As Chicago Mayor Brandon Johnson narrows in on a 2.65 percent tax on purchases of properties over $1 million, luxury agents in Los Angeles offered their advice to concerned Windy City agents.
Former Keller Williams CEO Chris Heller previously served as OJO's chief real estate officer. Jerimiah Taylor, formerly a vice president at OJO, will step into Heller's previous role, the company said.
With 30 years of experience at some of the world's most recognizable brands, the newly-minted Better Homes and Gardens Real Estate president spoke to Inman about settling into her new role.
Find out how this second-generation South Florida broker shifted gears from an early career path in accounting and expanded Compass' presence in Boca Raton.
An LA Realtor recently found himself in the hot seat after mistakenly texting Spelling-snark to Tori herself. Southern California broker Troy Palmquist shares what that mistake can teach you about how you communicate.
Are you ready to do what it takes to build the real estate business of your dreams? Jimmy Burgess offers advice to help you stand out.
In their first column on Inman, coaches Melanie Klein and Emily Bossert write, "Taking ownership and responsibility in a healthy way is the most powerful business edge you can develop right now."
While the process of being critiqued is never fun, team leader Carl Medford writes, it is frequently the pathway to the next level of performance and is critical to the overall health of personal relationships and organizations alike.
Pinnacle Realty Advisors, the brokerage-as-a-service company, has opened operations in California choosing the Bay Area as a base for its initial team, according to an announcement.
Federal Reserve policymakers keep their options open for another rate hike in September, but futures markets investors and some economists think the Fed is probably done hiking rates.
A company that offers "the most private workout you’ll ever get" in shipping containers outfit into tiny gyms is looking to franchise across the U.S., according to The Gym Pod.
Thanks to its Home Point Capital acquisition and other pending transactions, the loan servicing giant delivered upbeat Q2 results Wednesday and expects to hit a $1 trillion target by year's end.
When you've been through it all — good times and bad times and even super-scary times — you want to share your knowledge with others. Here's your chance.
New-home sales drooped 2.5 percent from May to a seasonally adjusted rate of 697,000 — 23.8 percent higher than June 2022, according to data released Wednesday by the U.S. Census Bureau.
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel.
Previously a mortgage broker, the addition of direct loans expands Rocket Mortgage Canada's product set and allows the company to match clients with real estate agents.
In a new brief, NAR claims the DOJ's argument for resuming its probe would "destabilize the law." The agency has sought to overturn an earlier ruling that quashed a request for more information.
As ChatGPT reimagines how agents write, computer vision extracts data from millions of images to tell deeper stories about home, Restb.ai Chief Product Officer Nathan Brannen tells Intel.
A decrease in applications for FHA loans popular with first-time homebuyers helped push the average purchase loan application to $432,700, according to the latest MBA lender survey.
Instead of throwing away money on paid leads month after month, author and trainer Bernice Ross teaches you how to generate both buyer and listing leads at little or no cost.
A lack of accessible housing may make it difficult for clients with disabilities to find the home they're looking for, Rachael Hite writes. Here's how to help.
With natural growth slowing, writes economist Matthew Gardner, states will recognize the importance of attracting new residents from other markets as domestic migration will become a more important driver of household growth and housing demand.
Whether they're not quite ready to put in an offer or they get a case of cold feet, dealing with commitment issues from clients can leave you feeling frustrated. Coach Darryl Davis offers mindset shifts and strategies to help nurture client relationships.
Adwerx is a digital advertising solution for the real estate industry which recently released a program for top producers, according to a statement.
The company is halfway to its goal of delivering $200 million in savings by the end of the year, according to its July 25 earnings report.
The commercial and would-be residential giant saw revenue jump 13 percent year over year in the second quarter while profit climbed 20 percent, according to a 2Q earnings call Tuesday afternoon.
From tech fees to non-refundable move-in costs and so-called "peace-of-mind packages," the "junk fees" landlords charge tenants are increasingly under fire from lawmakers and the White House.
Prices rose 0.7 percent from April to May after adjusting for increases typically experienced in spring, according to estimates released Tuesday by CoreLogic and the Federal Housing Finance Agency.
Despite struggles in the commercial space dating from the beginning of COVID, some commercial brokerages have found a way to thrive, writes Atman Real Estate CEO Victoria Kennedy. Here's what they're doing.
The world's largest franchisor of residential real estate brands posted a profitable quarter for the first time since the 3Q22 despite reporting sagging revenues of $1.7 billion in line with expectations.
OneKey, New York State’s largest multiple listing service, will now offer the software company's ApplyLink tool to members throughout Long Island, New York City and the Hudson Valley region.
The marketplace for properties south of the border will now offer the value of linking aspiring owners with the people and processes involved with financing homes in the very popular U.S. second-home destination, the company said.
The typical rent was $1,745 a month in June, down $31 from its record high in July 2022, according to a new report from Realtor.com.
From Pacaso CEO Austin Allison to Compass founder Robert Reffkin, the real estate industry's most compelling voices are all taking the stage at Inman Connect Las Vegas in two weeks.
If you think a member of the National Association of Realtors has done something unethical as outlined in the Code of Ethics, please file a complaint, writes Minnesota broker-owner and member of the professional standards committee Teresa Boardman.
Trainer Rachael Hite takes a deep dive with two experts about what it takes to build a business plan that is both aware and inclusive, along with steps you can take to help your team tackle tough social issues that a significant portion of your customers may have.
Compass Head of Coaching Courtney Smith said the brokerage's new data-powered Performance Tracker tool will enable agents and team leaders to track gross commission income, sales volume and other data.
The company provides an automated solution for booking and conducting home and property inspections, using dynamic, smart interfaces that can greatly reduce time spent at homes, data integrity and improve downstream workflows.
Migration into flood- and wildfire-prone counties has more than doubled since the COVID-19 pandemic began, according to a Redfin analysis of domestic migration data released Monday.
The author of "The One Thing" offers one important question that can have a game-changing impact on your business.
Six months after Katrina Helmkamp's retirement, Cartus has named Matthew Tebbe as its latest president and CEO. Tebbe will be responsible for "accelerating momentum" at the relocation brand.
When times get tough, turn to free grassroots marketing and relationship-building to help you weather the challenges, Chicago broker Julie Busby writes.
This week: How the anonymous online Realtor TenDashFive is holding fellow Realtors accountable for hate speech.
As Billionaires' Row continues to reshape Manhattan's skyline one 'supertall' at a time, agents say a new class of buyer is gradually reshaping the demographics of New York's most exclusive block.
The stories you tell yourself and the language that use can impact your attitude and performance, entrepreneur Christine George writes. Here's how to keep self-talk positive.
Jon Boller, Side's former Go-To-Market Strategy vice president, will take on a new role at Livian, Keller Williams' mega team. Boller will oversee growth for the brand's 35-state footprint.
Like the energy of its premier city, homebuyers and sellers in New York State are grappling with a rollercoaster summer, with extreme buyers' and sellers' markets taking consumers on a wild ride.
Wondering what you missed this week? Catch up with Inman's Top 5 stories for the week of July 14-21, 2023.
Backflip is an outstanding example of just how well technology can flatten the long-manual, vexing real estate practice of finding and eventually flipping, single family properties.
As part of his Snapshot series, Brandon Doyle shares how this owner of Just Sell Homes helps clients translate their marketing message into meaningful connections.
Know you need to create a farm, but not sure where to start? This step-by-step guide from Jimmy Burgess will help you choose your neighborhoods and market them effectively.
Don’t just sit back and wait for things to happen. Find the home your buyer clients are looking for and help them get to the closing table.
Starting Aug. 9, the nation's second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright.
The San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a "cash-equivalent offer" on their next home.
Maggie Wu is the latest of many agents to "boomerang" back to Compass after briefly leaving for another company. She leads the 4-person W Team which closed $102 million in sales last year.
The "Million Dollar Listing" star Josh Flagg bought the Mediterranean-style villa, which originally asked $4.45 million, with business partners Adam Rubin and Andrew Shanfeld, according to a report. Last year, he bought a $9.2 million property in Beverly Hills.
Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to Williston Financial Group in May.
The Swann Group's agents are the latest of hundreds who have moved from Compass to Coldwell Banker over the past year, the latter brokerage told Inman this week.
In an interview with CNBC on Wednesday, Redfin CEO Glenn Kelman laid out some of the variables that might begin to unlock home inventory in the years to come, including adjustable rate resets.
Extreme weather has become a fact of life. Find out how to ensure your agents, and the properties they represent, stay safe this summer.
Existing-home sales fell to a seasonally adjusted rate of 4.16 million as the median sales price climbed to $410,000, or just 0.9 percent below the highest median recorded by the National Association of Realtors.
Discover the transformative influence of effective communication on your real estate business success with this Inman Access series.
Flex, Landing’s new offering, is designed to make easier the booking process for employee relocation and work assignments, according to the company.
The 2023 Inman Innovator Awards finalists range from true upstarts to established players, with each offering a new vision for real estate. Winners will be announced live in Las Vegas, Aug. 8-10.
Find out how this Texas broker-owner and serial entrepreneur digs deep into the operational details while keeping an eye on the big picture.
In a competitive market, it takes more to make an impact, team leader Jeremy "Jae" Pierce writes. Find out how to create a reputation that resonates with buyers and sellers.
The best thing you can do for the acceleration of your real estate team, Erin McCormick Torres writes, is to attract, hire and drive immediate production for like-minded recruits.
As we navigate the ever-evolving social media landscape, it is crucial to recognize both the potential and the challenge it presents, New Jersey agent Ed Stulak writes.
In her first column for Inman, Vija Williams writes that it's never too late to thrive in an uncertain market — even if your team was unprepared for the shift.
Find out how this top producer turned digital marketing expert created a platform to help agents thrive online in Brandon Doyle's latest Snapshot profile.
Learn how this South Florida team uses the lessons they've learned from family and professional mentors to create optimal outcomes.
Record-low inventory and rebounding buyer demand buoyed U.S. homesellers' profit margins for the first time in a year, according to a quarterly market report published Thursday by real estate data firm Attom. Profit margins for median-priced single-family home and condo sales increased 3.8 percentage points from 43.8 percent in the first quarter to 47.7 percent in the second quarter.
Requests for purchase loans are still down 21 percent from a year ago last week, even as mortgage rates retreated from 2023 highs on encouraging inflation news.
Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a 'higher-for-longer' rate strategy to combat inflation, Fannie Mae economists said.
1stDibs will become an extension of The Agency's personalized service, extending it into the realm of "unparalleled access to exceptional design," according to the luxury brokerage.
The office launched in January 2023 and in the last three months has brought on four big regional names as well as five other high-performing luxury agents, according to the luxury brokerage.
Zillow, Apartments.com and AffordableHousing.com agreed to join the fight in a continuation of a war on rental fees the Biden administration announced in March.
Former Pacific Union CEO and Compass California President Mark McLaughlin is returning as chief real estate strategist following a 2-year hiatus. McLaughlin's new role will focus on improving the agent experience.
Despite a 7 percent drop in single-family housing starts from a month earlier, builder sentiment remains high due to strong demand for new homes, according to Census Bureau data released Wednesday.
CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel.
Homebuyers have been holding out for a 5.5 percent rate, Maegan Sherlock told Intel. It may take a while for them to adjust their expectations.
Mynd is a web application that assists investors with finding and managing single-family rentals (SFR) in and from any location within the U.S. It closed today on $20 million in financing to further its offerings, according to an announcement.
InspectionGo (iGo) has closed on $5.5 million in Series A funding as well the joint acquisition of home services proptechs HomeBinder and Repair Pricer, according to a company announcement.
The brand has chosen Courted — a mobile application designed to empower the way agents, teams and brokerages network — for inclusion on its list of preferred vendors and resources.
A newly launched education product, SEO Savvy Agent, is designed to help real estate sales professionals learn how to build their brands online to land organic, workable leads, according to the company.
Were they out of touch? Did they expect you to wait on them hand and foot? What outrageous expectations do luxury clients have?
Keen on venturing into a new social media platform? Jessi Healey provides an instructive, step-by-step guide to acquaint you with the latest digital offerings.
Creativity, flair, experience and talent must be applied to the facts of the science to achieve the best possible outcome, Associate Broker Ken Sisson writes.
CalHFA's Dream For All loan program for first-time homebuyers burned through the first $300 million funding round in less than two weeks.
From July 24 to 28, Century 21 and its affiliated companies will raise money for nonprofits that address food, healthcare and education inequalities. C21 corporate has pledged to match up to $50K in donations to longtime nonprofit partner, Easterseals.
The co-founder of Countrywide Financial cast himself as the leader of the revolution to expand access to mortgage lending but became the public face of the subprime mortgage collapse.
Named for its distinctive wing-shaped roof that resembles a butterfly, the property was designed and built by architect Frank Wynkoop in 1951. The sale marks one of the priciest ever to close in the area.
Palm Bay, Cape Coral and Tampa top WalletHub's list of the best markets for first-time homebuyers. However, a closer look at the rankings shows first-timers may need to sacrifice quality of life for affordability gains.
Lloyd spent about four years at Compass before her move, Inman has exclusively learned. She has helped facilitate nearly $200 million in sales across New York City over the course of her roughly 10-year career.
Current and pending laws nationwide represent an invitation for discrimination against the AANHPI community, Asian Real Estate Association of America President Kurt Nishimura writes.
The power of incremental change is monumental. Small improvements every day will compound into extraordinary results over time, team leader Carl Medford says.
Thanks to low inventory and high mortgage rates, just 14 homes out of 1,000 changed hands in the first six months of 2023, the lowest rate in a decade, according to data released Tuesday by Redfin.
Higharc, which offers an enterprise-level homebuilding visualization and business operations solution, has received a $15 million investment from a trio of notable innovation backers headlined by Home Depot Ventures, the venture capital initiative of the massive home goods retailer, according to Higharc.
Savvy investors recognize that when your vacation home is empty, it’s just draining your bank account. Here’s how to turn it into a lucrative short-term rental.
Find out how New York City's Burt Savitsky helps clients navigate the complexities of the co-op board approval process while making the most his own inimitable style.
EXp founder and CEO Glenn Sanford is now a defendant in the sex trafficking case and allegedly turned a blind eye to the assaults for financial gain, according to an amended legal filing.
Helping your clients understand the psychology of a changing market will make the job of selling their home much easier, writes trainer Bernice Ross.
Blogger and YouTuber Kyle Handy encourages real estate agents to step out of their comfort zones and embrace the digital world.
Now, about four years after sales first launched, Related Companies is offering price cuts and to cover buyers' closing costs and taxes among other incentives, to try and move more units as sales lag behind expectations, according to a report.
Summer is in full swing, and the real estate market is heating up along with the weather. It's time to update your marketing for the season, Rainy Hake Austin writes.
Undeterred by elevated mortgage rates, homebuyers battling over scant inventory pushed June's median sales price to the second-highest level in history, according to new data released Monday by Redfin.
Decades before accepting travel from real estate developer Harlan Crow, the Supreme Court justice received a Super Bowl ring from Dallas Cowboys owner Jerry Jones, according to reports.
The founder of RH Consultants & Associates in Long Island, New York, oversaw projects on behalf of Target, Nike and others while allegedly carrying out a string of murders between 1996 and 2011.
In this Inman Access video, top agents Jordan Cohen and Santiago Arana discuss what it takes to win listings along with the tactics and strategies they recommend focusing on to see success.
Technology company Chime offers an array of marketing and agent sales support features centered around its CRM solution. To fill gaps along the way, or enhance an existing benefit, it’s linked up with an array of similarly aligned proptechs like BoxBrownie, the companies announced.
Ahead of Inman Connect Las Vegas in August, the Papasan Properties Group co-founder revealed how she leverages herself by hiring others and tapping her network to grow her businesses.
It’s no secret the real estate market in most places isn’t exactly on fire. While that can be demoralizing for agents, there are ways to keep motivation high and business streaming in.
While veteran agents don't have a time machine, these are the things we'd tell ourselves if we could go back to Day One, Stephen Meadows writes.
Not all real estate is created equal, and specializing in new developments requires its very own skill set, distinct from the resale market. If you’re thinking about getting into new development sales, here are five key considerations.
So which outdoor amenities are particularly in-demand among luxury buyers in today's market? Here are six of the most frequently requested — and why they matter.
In honor of Luxury Month, Troy Palmquist sits down with Austin, Texas, luxury agent Bridget Ramey for a one-on-one in her spectacular Lake Austin listing.
This week on The Download: It's the fastest-growing app ever. Have you signed up for Threads yet?
Beeline CEO Nick Liuzza is unfazed after the lender launched what it claims is the world's first AI mortgage chatbot during the same week that the FTC hit ChatGPT creator OpenAI with an investigative demand.
Marketing software company Back At You is getting into the DIY content production game, releasing a new browser application to help the industry promote its brands, agents and properties, according to a company announcement.
As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of two markets that offers opportunities for luxury buyers — and next to nothing for everyone else.
Social media moves quickly, both the trends and the technology itself. Jessi Healey shares some new, exciting social media platforms for real agents to explore.
Every year, the world's wealthiest people descend on Florida's aquamarine waters. But for dedicated yachters, significant real estate investments typically follow, luxury agents told Inman.
Mark your calendars for Aug. 7-8, and take a look at some of the Inman Luxury Connect speakers, from billion dollar agents to marketing powerhouses to industry trendsetters.
The luxury brokerage has entered Pittsburgh and Sewickley, marking its third new location in the Great Lakes Region so far this year. License Partner Elias Pappan is leading the new shops.
Wondering what you missed this week? Catch up with Inman's Top 5 stories for the week of Jul. 7 through the 13th.
The real estate broker behind the provocative new account spoke to Inman on the condition of anonymity about his campaign to pressure NAR to enforce its own anti-hate speech policies.
While technology plays a significant role in any real estate business, personal communication is essential to generate growth.
AgentBook is software that can help real estate associations modernize agent and broker member information, conduct board elections, promote events and handle finances.
Social media is a busy space. Maris Callahan Messervey explains that you need more than a pretty feed full of graphic designs and property listings to stand out from the crowd. Here’s her advice on how to refresh your social media feed next time you feel stuck.
Sellers are always seeking ways to maximize their return on investment when selling a home. Mauricio Umansky shares the key updates to focus on so they can get the most out of the transaction.
With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities.
Most borrowers who have granted their mortgage lenders permission to verify their income and employment won't have to confirm the request a second time with their employer's payroll provider.
Technology company Entrata, which builds an end-to-end business solution for the multifamily sector, has acquired industry colleague Rent Dynamics in an all-cash nine-figure deal, according to Entrata.
Consulting firm McKinsey & Company has found that pandemic-induced hybrid work is here to stay, for better or worse, ensuring permanent consequences for real estate agents in larger cities.
It doesn't matter that there are fewer buyers to compete against. Rising mortgage rates and depleted inventory continue to erode options.
Tune in to Inman Access and discover the untold experiences and lessons that have shaped the remarkable career of real estate icon Sherry Chris in an exclusive interview with Andrew Flachner.
The power of the HOA may be over in some areas where personal preference and environmental concerns are ruling the day.
Find out how this Florida broker learned that getting your license is the easiest part of the real estate business.
There's a desperate need for more housing inventory in the country, but Dr. Lee Davenport points out that developers must still follow the rules and respect the rights of others.
Smart cities have the potential to fundamentally change our lives. This potential will only continue to develop and create a brighter future for all.
Foreclosures are still affecting a tiny slice of the nation's home inventory. Here are the markets where you're most likely to find one, according to a new report from Attom.
The first phase of the luxury brand's new website design includes new video assets, imagery and informative pages that are adaptable by location, including new currency and property measurement options, the brokerage exclusively told Inman.
Despite having cooled for more than a year, the median asking rent in the U.S. remained just $24 below its all-time high as of June 2023, Redfin reported.
A number of insurance providers have left Florida over the last year, apparently driven away thanks to extreme weather and a challenging legal landscape.
ShowingTime+, an offshoot of Zillow, has released Listing Showcase, a new way to market listings on the popular consumer search site.
A year and a half after Keller Williams legally blocked eXp World Holdings' attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned.
While investors expect one more Fed rate hike this month, mortgage rates are already retreating on expectations that the Federal Reserve could reverse course next year.
The typical home value breached $350,000 for the first time in June, a new peak in typical values according to a report by Zillow. Redfin shows nearly 92 percent of homeowners have a mortgage rate below 6 percent.
As it continues to sign private label partners for its blockchain-powered loans, Figure says it's provided more than $6 billion in HELOCs to roughly 85,000 households.
The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the U.S.
Your personal brand is the foundation of your business. Here's how to bring clarity and consistency to the message it conveys.
Housing costs were again the largest contributor to inflation, accounting for more than 70 percent of the annual increase of the Consumer Price Index, according to new Bureau of Labor Statistics data.
The 120-agent brokerage will now gain access to LeadingRE's international network of 4,700 offices and 136,000 agents across 70 countries, plus the company's learning programs and marketing resources.
Less than a year after becoming publicly available, tools like ChatGPT and DALL-E have inspired brokers to explore — and integrate — artificial intelligence, a rigorous process of trial and error, they told Intel.
Rather than being replaced by artificial intelligence, the real estate agent of the future will have fewer rote tasks to perform, Cat Allday, AppFolio's vice president of AI and product operations, tells Intel.
Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday.
Penthouse in the city or palatial house with the landscape to match? What setting do you picture when you hear the word "luxury"?
Find out how a well-crafted YouTube plan underscores the power of innovation in real estate marketing for both the individual agent and the service they provide.
If you've got big goals for your real estate business, do these three things within your first five years to set yourself up for success.
"We aim to make landlords and their tenants’ lives easier by giving them everything they need, and nothing they don’t," said RentRedi CEO and co-founder Ryan Barone.
Join us as we delve into the symbiotic relationship between mortgage brokers and real estate professionals and discover best practices around marketing strategies.
Builders are adding more supply than at any point in the past five decades, with another million units on the way in the coming few years, according to a new report from RealPage.
The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors.
The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor's request to change the date because it conflicts with KW's Family Reunion.
For two days only, July 11 and 12, you’ve got a chance to score great deals for yourself, your business and clients.
Annual home price growth fell below 2 percent for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic.
Dash, which aims to improve how real estate agents access information about new construction projects, has released a beta test of its software in Miami, the company announced last week.
When conditions aren’t favorable, investors should retrench, renew their discipline and remember the principles that made them successful.
Yes, you can ignore Threads, and you will stay in business, Inman contributor Teresa Boardman writes of Meta's latest social media offering. "If you are on the fence, I am writing this for you."
Rick Guerrero says your transactions will be smoother if there's more collaboration with mortgage loan officers when providing financial information since a Zillow report revealed that agents are sought after and trusted with relevant questions. This will help battle misinformation and empower clients to make informed decisions.
Rentec Direct, a property management software firm, uses OpenAI's ChatGPT to help clients quickly draft marketing content for available rentals, according to the company.
The federal government is investigating Flannery Associates, an entity that has scooped up more than 80 square miles of land near Travis Air Force Base in California without disclosing who owns it.
How important are hashtags on Instagram? How do you use hashtags on Instagram? Let Sue "Pinky" Benson guide you on how to teach Instagram where your content should be going.
Agents with five or fewer sales a year took in an estimated 25-30 percent of all commission income in three disparate markets, according to an analysis of MLS data by the Consumer Federation of America.
The $41 million transaction is merely the most recent in a string of deals by philanthropist Julia Koch, who also purchased a pair of Upper East Side apartments last year from the estate of Paul Allen.
Ahead of Inman Connect Las Vegas, Align Real Estate founder Tiffany Pantozzi told Inman she concealed her pregnancy last year out of fear clients would discount her ability to juggle the work.
Forget the jargon and hype, and use these terms to get to next-level marketing prowess, writes broker-owner Eric Bramlett. Here are the metrics that truly move the needle.
Even though there are different opinions on how to use hashtags, one thing is certain: When used properly, hashtags can greatly increase your social media engagement and visibility, writes marketing expert Laura Viñalet.
Have you heard about the new app Threads? Jessi Healey explains why you should think about joining now while it's still the hot new thing in social media.
“Social media is the modern billboard for any business. It presents unique opportunities for real estate professionals to promote their knowledge and services, while showcasing their personality to stand out among others,” says Abby Lee, RE/MAX Vice President of Marketing and Communications.
We often see familiar faces on the stages and pages of the real estate industry. How did they get there? How do these leaders shape their culture, their products, and their vision for the future? Jon Krabbe, CoFounder of Agent Image, shares his experience and approach to shaping a successful company.
Seventy-four percent of sellers want to sell as quickly as possible, while 58 percent say receiving a cash offer is important. Opendoor is the missing link in that equation—creating simple and certain cash transactions for agents and your clients.
As a luxury real estate agent and global real estate adviser, the nomads that Laura McCarthy is most interested in, and who she encounter most commonly, are ultra-high net-worth individuals whose expansive portfolios include multiple properties.
Everyone, including agents, seem to be making up for lost summers of COVID past. Those agents who are still consistently working the fundamentals are the ones seeing success, and they'll have clients to work with as we hit the fourth quarter of 2023, writes team leader Carl Medford.
Consumer confidence in the housing market "appears to have plateaued at a relatively low level," said Fannie Mae Chief Economist Doug Duncan in a new homeowner survey released on Friday.
The modern farmhouse, with its black and white exterior, board and batten, and classic interior is the style of the moment. Its rise coincides with a yearning for simpler times.
Builders and residential contractors added nearly 60,000 jobs in June — about 11,000 more than expected for this time of year, according to data released Friday by the Bureau of Labor Statistics.
Despite sales falling by double-digits, agents and brokers in Alexandria, Richmond and Norfolk, Virginia, anticipate a summer of heated bidding wars, tough negotiations and market headwinds.
Since Amazon announced its ambitious HQ2 plans in 2018, Arlington's lower-tier luxury market has been ravaged by homebuyers and developers alike — and the rush show no signs of slowing.
Azibo is a browser app to help property owner-operators who manage anywhere from five to 50 units get a handle on their finances, tenants and portfolio.
With the move, Eklund also announced that he and husband Derek Kaplan will be renting out their 5,700-square-foot Beverly Hills home for $50,000 per month. He cited increased business and his children's education as key reasons for their relocation.
Trainer Rachael Hite shares her first impressions of Meta's latest new social app. Will this kill Twitter? Do you need to add this to your business marketing strategy. We are in a new frontier of digital communication.
Collaborative, AI-backed home search that allows buyers, agents and family members to browse and consider options in unison based on a "wishlist" is now available to enterprise accounts.
This week: As NAR dismisses harassment claims, women in the industry speak up about what they've seen up close and personal.
Stop sending the same-old, same-old marketing collateral, writes DOORA Creative Director Janet Pozos. Use QR codes to make everything you provide more meaningful.
In the face of new harassment allegations at the highest levels of leadership, where is the outrage? asks speaker and writer Valerie Garcia. Is this who we are as Realtors?
Janelle Brevard initially sued the National Association of Realtors, claiming her firing was a form of harassment and retaliation. The case ended Thursday, though many questions still remain.
Existing-home sales are expected to tumble to a 12-year low by the end of 2023, but they won't stay that way for long, Realtor.com Chief Economist Danielle Hale predicted on Wednesday.
Strong jobs numbers and GDP growth have bond market investors convinced it's all but certain the Federal Reserve will resume rate hikes this month.
Inman sat down with Tyler Whitman to get the Real Tea on post-reality TV life, Glitter and Gay with Glennda Baker, his new Hamptons locale and upcoming projects in the works.
The average sale price nationwide just exceeded 100% of list price for the first time since August of last year, according to a new market report from Redfin released on Thursday.
Dallas-based team leaders Jason Castro and Liz Mello have moved their team, The Castro Group, to Compass. They are the 48th agent or team to move from Coldwell Banker to Compass this year.
Whether you’re an agent parting ways with a team you’ve outgrown, or a team releasing an agent back into the industry for lack of production or disrupting the team culture, there’s a proper way to part ways to maintain both parties’ professionalism and reputation, Erin McCormick Torres writes.
The blockchain and Web3 advocate said its artificial intelligence-enhanced and optical character recognition-backed update will increase workflow efficiency and augment data dissemination.
Watch this week's latest Inman Access classes and dive into content creation techniques for increased engagement and the latest trends being seen in the new development space.
You already hold the key to your professional and financial success, Jay Papasan writes. It's hidden in your email database and it's time to dig it out.
The HGTV star and house-flipping expert learned the hard way that nothing in life would be handed to him. But he also learned that by "taking massive action," the possibilities in life are limitless.
These four-letter words will help you find the success you're looking for in your real estate business, Jimmy Burgess writes.
Knowing which platforms to advertise on, which strategies are the most effective on those platforms, and how to deliver on promises to clients will help with marketing effectively in any digital space, writes Victoria Kennedy.
Find out how this luxury broker invested in his belief in his Miami market's potential by starting up his own brokerage.
Facebook is an important marketing tool that, if used correctly, can help a real estate professional generate leads and stay top of mind with clients, writes marketing expert Laura Stace.
Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up.
After debuting a power buyer program for real estate brokerages in February, zavvie now has power buyer partnerships with 30 mortgage lenders in nine states.
Relocation and moving services provider Sirva Worldwide Inc. has agreed to sell its stake in Troy, Michigan-based Premia Relocation Mortgage LLC for an undisclosed sum.
In anticipation of the July 21 premier of 'Barbie,' Airbnb has listed a real-life DreamHouse for two lucky guests. A Malibu broker estimated closing costs and a sales price for the fabled pink palace.
Embrace the future, writes Salt Lake City broker Belladonna Riso, and get ready to position yourself as a forward-thinking, tech-savvy expert in the industry with the power of AI.
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023.
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they'll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel.
If you’re coming out of the spring market and feeling disappointed in your progress, it’s time to get back in touch with your 2023 goals, writes broker Troy Palmquist.
Is it price point, square footage or the number of garage bays? What makes a home whisper "luxury" to you and your clients?
Learn how this Palm Beach, Florida, top producer turned her childhood interest in real estate into $1 billion-plus in luxury sales.
Every client presents an opportunity for repeat business and referrals, writes Jonathan Pressman. How can you ensure you impress them and stand out from the crowd?
Three leading economists share what's ahead for the summer, from sellers' continued struggles with mortgage rates to the resurgence of bidding wars and the gift of new-home sales.
Find out how marketing expert and industry veteran Marci James blends professional acumen, personal fulfillment and a love for the great outdoors to create a picture-perfect life.
How fair housing is taught matters, writes broker-owner Teresa Boardman. Unfortunately, most fair housing courses are worse than useless.
The North Carolina centenarian, who bought her first home in the 1940s, is settling in at the "lovely house" where she'll live with her son, news station WSOC-TV reported.
Homesellers plan to use funds from MLS PIN, the largest multiple listing service in New England, to continue antitrust litigation against Anywhere, Keller Williams, RE/MAX and HomeServices.
Umansky, the founder of luxury brokerage The Agency, has been married to The Real Housewives of Beverly Hills star for decades, and over the years the duo became reality TV stars together.
A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family.
As the National Association of Realtors doubles down to support bad behavior in its leadership, women see the organization's response as part of a larger problem endemic to the real estate industry.
Watch the latest Access class featuring Realtor.com's Chief Economist, Danielle Hale, for an informative behind-the-scenes look into what we can expect to see from the fall housing market
Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the U.S. Constitution.
America was built on innovation, yet we’ve thrown up our hands when it comes to our most intractable housing problems. As real estate experts, it’s time for us to get busy.
Ahead of Inman Connect Las Vegas in August, Anywhere and Coldwell Banker executive Liz Gehringer told Inman that amid economic turmoil agents need to focus on their book of business.
One year after the overturn of Roe v. Wade, impact headlines steadily flow in, from personal stories, to statistics and heated debates.
When Ventura County, California, agent Ernesto Vargas is out door knocking, he’s always looking for ways to add value to his pitch.
2023 will likely go down in history as the year AI changed the game forever. Its impact reaches nearly every industry, including luxury real estate. These top luxury agents outline what you need to know.
At homegenius, we’re transforming real estate transactions from beginning to end. We know that real change takes more than a bold vision. It requires decades of hard-earned experience, trusted relationships, and a capacity for connecting people and technologies across the real estate spectrum.
Down payment assistance and income-driven repayment still offer a path to homeownership for those repaying $1.6 trillion in student loan debt.
Shares in digital title and closing provider climb above $5, and the company will stay listed if its share price remains above $1 for the next 30 trading days.
The National Association of Realtors tapped an independent law firm to investigate sexual and racial harassment allegations, ultimately choosing to "reject" claims made by a former employee.
The upper-floor unit sold for nearly 20 percent more than the last time it was on the market in 2018, which was $31.5 million. The seller was a company tied to former NorthStar Asset Management CEO Albert Tylis.
Mortgage brokers have to undergo specific training to do their jobs, but a higher education degree is not required. Those with an aptitude for hard work and client relationships can find great success over the course of their careers.
The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview.
Hot off the release earlier this month of his debut album, "Lost at Sea," the 69-year-old real estate broker and pianist spoke to Inman about his career, the new album and his daughter, Lana Del Rey.
The antitrust enforcer will get 5 minutes at oral arguments in Top Agent Network's appeal to overturn a lower court ruling tossing its case against NAR's Clear Cooperation Policy.
This week: What the hell is going on in the real estate industry? And, more importantly, what are you going to do about it?
Will you be ready when the market takes off again? The answer to that question, Jimmy Burgess writes, depends on whether you act now to prepare or continue to put off the things you know you need to do in your business.
In his latest industry Snapshot profile, Brandon Doyle talks to Greg Sax, director of growth at the Real Estate Standards Organization.
The increasing popularity of vineyard properties as alternative assets, the emergence of new wine regions and the lifestyle appeal of vineyard ownership all present new opportunities.
Surprising GDP and jobs numbers have investors buying stocks and selling bonds over worries that Fed policymakers will continue hiking rates to combat inflation.
Sales of pending homes declined 2.7 percent in May and were down 22.2 percent from a year ago, but the Northeast saw a 12.9 percent increase, according to new data from the National Association of Realtors.
Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December.
The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher.
The spotlight shines on this leadership blend of a top luxury broker and an award-winning real estate marketing expert.
A new report from Apartment List shows that typical rents are now the same nationwide as they were a year ago. The slowdown follows a period of unprecedented rent growth and a runup in supply.
Greater Tampa Realtors informed its members Tuesday that its president, Jay Quigley, had represented its CEO in a home purchase but wouldn't reveal the outcome of its investigation.
The agent with "an unmatched sales record" is moving to AKG | Christie's International Real Estate after a 32-year career with Berkshire Hathaway, according to the company.
In this week's new Inman Access classes, get insights and predictions on what the upcoming fall housing market may have in store and take a deep dive into how to avoid certain hiring pitfalls.
Find out how LA's Elite Home Staging creates luxe interiors that not only get sold, but sell for top dollar. Chris Pollinger delves into their top staging strategies.
Grow your business and find your ideal clients when you put Instagram to work for you. Social media expert Michelle Berman-Mikel shows you how.
If you were "born without an entrepreneurial bone" in your body, writes broker-owner Andrew Ellet, take heart. You can develop the skills and systems you need to grow your business.
Jumbo loan rates are higher than conforming mortgages for the third week in a row as spread widens to 16 basis points, the latest MBA lender survey revealed.
Compass Luxury Division has teamed with Paris-based luxury firm BARNES International to develop a new referral program, according to the company. Agents from both brokerages will send and receive referrals from each other for an undisclosed fee.
The suit claims NAR fired a Black employee after she broke off a relationship with then-president-elect Kenny Parcell. NAR said it rejects the claims.
The company intends to sell "substantially all of its assets," including its technology platform to pay creditors that include thousands of retail investors.
The industry needs leaders. Why not you? Find out how to volunteer, mentor and more, and learn where to go to step up.
Senior Editor, and the head of Inman's contributor program, Dani Vanderboegh, shares why it's so important to contribute to the industry in some form and gives tips on how to step up.
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. For many agents, an introduction to the day-to-day of real estate comes in the form […]
Corcoran Baer and McIntosh will expand into Sea Girt, New Jersey, with the acquisition of Ocean Pointe Realtors, the company exclusively told Inman.
More buyers today are moving because they have to. Here's what they look like — and how agents are courting their business in a down market.
For too long, Mike DelPrete argues, legacy brokerages shrugged off their low-fee competitors. Some of those barbs haven't aged well.
Markets are always evolving and changing, coach Darryl Davis writes. Make sure you are accurately communicating conditions to your clients.
According to Dallas real estate broker Jim Fite, mindset, planning and execution will help you navigate the current recession.
Author and coach George Mantor shares his insights about what he has learned this year about the market, and how he feels agents should adjust their mindset to work in any cycle of ups or downs.
In part two of the series, Eric Bramlett writes that measurement is critical over time to optimize content and delivery to generate leads, foster conversations and help you stand out among your peers.
Windermere Chief Economist Matthew Gardner takes a look back at his pre-2023 market predictions to check his math and his accuracy.
New Mexico MLS — a statewide MLS with 1,150 agent, broker and appraiser subscribers — will likely launch Aligned Showings in either the fourth quarter of 2023 or the first quarter of 2024, according to MLS Aligned.
Mortgage brokers typically make a 1 percent to 2 percent or more commission from each loan they broker, but a lot of other variables determine how much money they make in a year.
One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat.
ACI admits no wrongdoing in settling CFPB's first-ever enforcement action over the handling of consumer data in the processing of mortgage payments.
Konrad Bicher pleaded guilty to one count of wire fraud after collecting $1.2 million renting out his apartments on Airbnb while not paying his New York City landlords, according to a statement.
Don't overthink AI, and don't sleep on it. The potential for problem-solving the world's most intractable challenges is too great to ignore, writes Inman publisher Brad Inman.
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. New home sales surged 20 percent from a year ago during May as homebuyers continued […]
Applications to become the 1.5 million-member trade group's 13th chief executive will be accepted through July 31, the National Association of Realtors announced.
Industry veteran Erika Mendoza will serve as managing partner and broker in charge, and Abigail Hines Miller will also serve as managing partner, according to the company.
Listing Showcase is part of Zillow's new ShowingTime+ brand and is currently available to a select group of agents that partner with the portal giant, according to the company.
"We can make the leasing agent’s job easier," an Apartments.com executive said as the company pushes the rental industry to modernize the lease-up experience.
Though renting may come with smaller commissions than selling, working with prospective tenants can still be a profitable part of your real estate business, Philadelphia Realtor Jonathan Pressman writes.
In the latest Inman Access class, tech leaders and teams of different sizes share what team leaders and agents want from their brokerages and what attracts and keeps them with a brand.
Tax strategist David A. Perez helps real estate investors plan ahead to minimize their tax burden. Here he shares his insights with author Bernice Ross.
Although euphemisms and analogies are not the magic solution to a sluggish market, Darryl Davis writes, they can help make a difference in how you approach the situation.
Fannie Mae forecasters say the Federal Reserve's decision on how high and long to keep rates up presents "a major risk over the next year," with a question of a downturn more a matter of "when" than "if."
So you've got a lot of followers but don't know what to say? Find out how to increase engagement in Instagram Stories.
Stacey Soleil, head of community and industry relations at Follow Up Boss, is a force to be reckoned with in the real estate industry, cultivating a community-first approach, fostering an environment of inclusion, equity and diversity.
Mortgage loan servicers collecting payments on loans guaranteed by Fannie Mae and Freddie Mac completed 2.36 million "home retention actions" during the COVID-19 pandemic.
Women gathered to share how to move forward in challenging times — together — at WomanUP! 2023. Here’s a splinter of the wisdom they shared and why it matters so much right now.
Ready to get your name out there and develop thought leadership in real estate and entrepreneurship? PR expert Lisa Fettner offers her secrets.
Learn why NYC real estate team leader Noble Black believes that appearances don't always count when it comes to clients.
Keep your deals moving forward and your clients happy with these nine practices for efficient transaction management from trainer Darryl Davis.
If you represent a coastal real estate market like Gina Stockwell, you may also have buyers inquire about buying land on a private island. Here are some of the main considerations for agents and clients to keep in mind.
According to mega-team leader Carl Medford, in today's market, those who learn to effectively handle objections will be the ones who end up at the closing table with their clients.
Tacoma's Margo Hass Klein joined Compass this week, according to the company. She's the latest in a string of Coldwell Banker agents who decamped for Compass this year.
Humaniz is hiring software for the real estate industry, addressing a critical business need that has very little standardization and impressive fragmentation.
The bulk acquisition of servicing rights to 45,000 Ginnie Mae loans brings Planet's servicing portfolio to $94 billion, with more purchases eyed for 2023.
The luxury real estate giant with Coldwell Banker recently launched his first-ever live, online mentorship program and is sharing his tricks of the trade with other agents for how to "Compete and Beat the Best."
In today's political climate, Rachael Hite writes, Realtors need to ask questions about why candidates are selected for funding, as many of them have a personal agenda that does not reflect the values of NAR.
Join us this summer at Inman Connect Las Vegas — the transformative event that empowers real estate professionals to proactively position themselves for growth and seize the moment.
Erin Morrison, LGBTQ Alliance 2023 president, shares the growing fears among the LGBTQ+ community, where RPACs and the code of ethics come in, and how to be an ally this Pride Month. It's time to become the vocal majority.
Home-flipping activity remained high during the first three months of the year after a sharp drop. Profits also rose slightly, according to property data firm Attom.
Former Keller Williams Realty exec's startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better.
The National Association of Realtors recorded 408,000 sales of existing homes in May. Before the pandemic, that number was closer to 530,000.
The lawsuit launched at the brokerage led by the "Million Dollar Listing" star alleges that SERHANT. and two recently recruited agents stole trade secrets, marketing data and listings from the Florida-based Sutter & Nugent.
Erin Morrison, 2022 National President Elect of the LGBTQ+ Real Estate Alliance and proud Texas Realtor, is afraid. And so are some of your clients. Here’s what you need to know.
During 2021, there were 8 million "missing households" across the country — families without homes of their own — compared to just 3.7 million housing units available for rent or sale, according to Zillow.
This week on The Download, we take a look at the latest Keller Williams class-action lawsuit over cold calling.
Bernice Ross talks with Brian Davis and Denis Supplee of SparkRental to bring your the investor fundamentals you need to get started.
Today the spotlight shines on Coeur d'Alene, Idaho, managing brokers Bobby Carmody and Greg Link, Jr. of The Agency.
Some turnover is inevitable, writes Livian's Erin McCormick Torres. Watch out for these changes in behavior that indicate a split from the team is on the horizon.
It's important to build your real estate business on listings to generate ongoing, reliable growth. Here's what might be holding you back.
Staging leaves a lasting impression on potential buyers. Chris Pollinger sat down with Nicole Senia and Samantha Senia of Elite Home Staging to uncover the latest trends in luxury design.
Ready to refresh your text message marketing efforts? Anthony Marguleas’ 7-step text message marketing blueprint will teach you innovative techniques and strategies to elevate your business.
Rates for mortgages backed by Fannie and Freddie continue to ease despite Federal Reserve Chairman Jerome Powell's tough talk on inflation, but liquidity issues put pressure on bigger loans.
Coaching in a volatile market can be especially challenging. Here are 10 tips from author and coach Darryl Davis to help you coach your real estate team today.
To help you explore what's next, you'll have access to the best minds in real estate in one place at Inman Connect Las Vegas. Featured speakers include: Leadership Performance Coach Jon Cheplak, Keller Williams Team Leader Wendy Papasan, Sharran Srivatsaa, President of Real Brokerage, Tyler Elstrom, MAPS Coach of Keller Williams, Verl Workman of Workman Success Systems, Jeff Lobb of Sparktank Media, and more.
Bob Goldberg's contract will expire on Dec. 31, and the executive plans to retire after three decades at NAR and four decades in real estate, according to the National Association of Realtors.
The number of homes for sale in the United States fell 7.1 percent year over year to 1.4 million on a seasonally adjusted basis, according to Redfin.
Matterport, the company that commercialized 3D listing tours and made the industry familiar with the term “digital twin,” has set yet another benchmark for digitally immersive real estate marketing with the release of Genesis.
The regional brokerage has purchased HK Lane, a 75-agent firm in the Coachella Valley, and welcomed back about 50 agents that were part of a team that left for rival eXp Realty in April.
It wasn't easy, but builders survived the market downturn without mass layoffs. And they've clawed their way back near normal sales levels.
In a market like this, a culture of productivity helps keep agents in the industry, Workman Success Systems CEO Verl Workman told Inman Intel.
The dual hypotheses that low-fee brokerages aren’t sustainable, and that their agents are less productive, are false, Mike DelPrete writes.
Whether you love true crime, self-help or celebrity sitdowns, what podcast is your absolute favorite right now?
David Smith will oversee Truist's direct, correspondent and warehouse mortgage channels as well as servicing for more than 1.2 million homeowners.
Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data.
Home prices stayed roughly the same, but rents climbed higher. Researchers say the Dutch experiment undercut supply, though it's unclear exactly how it would play out in the U.S.
The home Disney built in the early 1930s and lived in for nearly two decades, while releasing some of his company's most iconic films, is available for rent in Los Angeles' Los Feliz neighborhood.
Moving technology and concierge company MoveEasy has rebranded as LiveEasy to accommodate new tools, better connectivity and its introduction to the rental market.
Consistently creating and posting your video content on social media helps you stand out and make an impact in your market.
Retirement may seem like a distant dream, but, according to CFP Jordan Curnutt, understanding the key age milestones can make all the difference.
Agents who use the new system can rapidly generate social media content, marketing visuals, property descriptions and other assets to boost market attention.
With a focus on the single-family rental (SFR) category, Picket calls itself a provider of integrated technology and services for residential real estate investing, management and resident experience.
Unlock this featured Inman Access class to hear from Michelle Berman as she shares strategies to utilize Instagram to power up your engagement, create new connections and convert new leads
New artificial intelligence technology can recommend real estate listings based on neighborhoods' ethnic makeup. Experts are worried about the tech's potential for discrimination.
Hate in this country seems to be gaining popularity in a growing “anti-woke” movement that is pushing back against displays of support for Diversity, Equity, and Inclusion. Trainer Rachael Hite asks, "How does all this rhetoric land when upholding our Code of Ethics?"
Self-storage and real estate investments provide returns and benefits that traditional investments may not offer, making them an attractive option for investors looking to diversify their portfolio and generate steady income.
The Coldwell Banker Mason Morse agent sat down with Inman to dish on a zoning proposal that threatens to reduce the size of new homes in Aspen ahead of her talk at Inman Connect Las Vegas.
Dr. Lee Davenport interviews New York Times bestselling author of "The Color of Law," Richard Rothstein, along with Leah Rothstein, his co-author on the new "Just Action."
Native New Yorker and Providence, Rhode Island, agent Kira Greene offers advice and insight plus the lessons she's learned along her journey.
This live, interactive show features a candid conversation with Nick Bailey and award-winning journalist, bestselling author, television host, and motivational speaker Joan Lunden.
Today’s consumers have been trained to expect a personalized search experience that can tailor the results to their unique preferences. And as the digital native generations—Millennials and Gen-Z—continue to enter the housing market, home search technology needs to catch up to meet their expectations.
Join Lauren Muehlethaler, Vice President of Affiliate Services at Sotheby’s International Realty for this Sotheby’s International Realty Insider webinar with leading agents who outline their road to success.
Within the next five to eight years, women will control an astounding $32 trillion of the country’s wealth. Sadly, many are totally unprepared to handle what’s ahead.
Anywhere's Agent Engagement team will help Anywhere affiliated broker-owners and agents supercharge their businesses with personalized coaching and mentorship, the company said.
Study finds that homes located within historically redlined neighborhoods tend to have less living space, smaller lot sizes and more variations in quality.
The board is composed of 19 brokers from various firms across New York City who will meet in person once a quarter to discuss resources, products and other topics, according to StreetEasy.
On The Download this week, we're asking: Is low inventory having a protective effect on the housing market? How long can it last?
Listing Showcase from ShowingTime+ is an exclusive and elevated listing experience that gives sellers a premium online listing and highlights an agent’s brand on Zillow.
Las Vegas resident Wayan Garvey filed a complaint calling out Keller Williams' allegedly "relentless marketing practices" and accusing the franchisor and agent Britney Gaitan of violating federal law.
Just in time for Father's Day, Devon Broderick brings back the Dad Joke in a big way with this real estate-related compilation.
Your pipeline in 180 days is a reflection of the work you are doing today. Based on the work you are doing now, what do you expect your pipeline to look like in six months?
Loan servicer Mr. Cooper is 'deeply disappointed' that the HUD OIG audit focused on problems it says were mostly technical, rather than on borrower outcomes.
The premium for buying a home is now 17 percent higher than it was a year ago thanks to high interest rates and stubborn home prices, according to John Burns Real Estate Consulting. It might push the rent even higher.
Retaliation for filing a discrimination complaint violates federal law, even if the agent is an independent contractor, judge says. BHS has vowed to appeal.
Patrick Carroll was sued by restaurant manager Miguel Angel Weill, who accused Carroll of spitting on him during a videotaped dispute in April. Carroll has not been served with the lawsuit, according to his attorney Duncan Levin.
In response to an Inman article Tuesday questioning the National Association of Realtors' response to discriminatory practices, NAR CEO Bob Goldberg defended the trade group's track record.
OJO Pro+ will cater to just a handful of teams in each market. The product is one of two new offerings from OJO meant to provide high-quality leads and insights to agents.
New listings dropped 23 percent year over year, pulling the number of homes on the market down 39 percent compared to the same period five years ago, according to an analysis by Redfin issued Thursday.
This week the spotlight shines on luxury real estate and vineyard specialist Michael Baynes of Maxwell-Baynes in Bordeaux, France.
Tune in to learn how to leverage your social media for converting leads and what specific areas of your business to prioritize for growth.
ChatGPT has opened a window of opportunity that typically only comes a few times during a career. Take advantage of this amazing tool and your business can’t help but grow.
As young people become more financially literate, we'll see our families, businesses, communities and the nation as a whole become stronger and more resilient, writes investor David Phelps.
Learn what makes this tight-knit and high-performing team tick, and find out what they can teach you about optimizing your performance.
Following eight months at Engel & Völkers, McLaughlin has returned to The Agency. She told Inman she initially left the brand because of logistical issues surrounding her launch in Aspen.
While Fed policymakers currently see the need for two more rate hikes this year, some economists think the economy will continue to cool without further tightening.
Ambuehl, who once had a career as an actress, will lead AKG | Christie's International Real Estate's Beverly Hills office. Last year, she sold more than $250 million in real estate, according to a report.
Mortgage lenders tightened standards for the third month in a row in May, with mortgage credit availability falling to the lowest level since January 2013.
Sherry Chris, who recently retired, formerly led both brands. Now Ginger Wilcox will lead BHGRE while Alex Vidal leads ERA, according to an announcement Wednesday by Anywhere Real Estate.
The vast majority of United States homeowners boast a mortgage rate below the current average of 6.71 percent — a bittersweet pill that explains the stalemate playing out in housing markets across the country.
For Realtors who want to be the best at their craft, team leader Carl Medford writes, it means taking the required abilities, practicing more than their competition and then seeking out a coach to help fine-tune each area of practice until mastery is achieved.
The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled.
The CEO of coaching and training business SparkTank Media dished on how artificial intelligence will enhance lead prospecting and where agents are failing amid a murky economic landscape.
Why do some real estate professionals use their expertise and knowledge to invest in real estate and others don't?
According to broker-owner Phillip Cantrell, being a real estate practitioner is one of the most important careers in our entire economy. Here's why.
From leveraging artificial intelligence to navigating the complexities of SEO and online marketing, real estate pros need to be at the top of their game.
Deal sets the stage for TransUnion to go head-to-head with Equifax's verification service, The Work Number, and help mortgage lenders speed up closings.
Founded in 2020 by Blend veterans Mike Yu and Devon Yang in San Francisco, the loan origination system has rolled out a series of product upgrades since $30 million Series A.
The new features will allow agents to automate more of their work and better manage their deals, according to an announcement Tuesday. The goal is to help agents amid a challenging market.
The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates, economists said. But there are still warning signs.
By backing its membership and ignoring bad actors, the National Association of Realtors has set itself up for government oversight and intervention, writes Revaluate co-founder Chris Drayer.
Judge says agent Kouri Richins presents a "substantial danger" to the public after she was charged with lacing her husband's drink with fentanyl after an argument over $2 million mansion purchase.
One of the more robust proptech-partner networks in the industry is now slightly more geographically minded as MoxiWorks welcomes market-intelligence firm Local Logic to its MoxiCloud.
Transitioning from employee to entrepreneur is challenging, writes broker-owner Elisha Lopez. It pushes you out of your comfort zone and into a better version of yourself.
The Array Apartments in Austin, Texas, has announced a "mandatory" curfew between 10 p.m. and 5 a.m. each night. But legal experts are skeptical such a rule can be enforced.
Watch the new Inman Access class featuring Julia Lashay Israel to learn the importance of buyer consultations and how to build trust and rapport as a foundation for smooth transactions.
The pioneering iBuyer hopes to bring its share price back above the New York Stock Exchange's $1 minimum threshold.
U.S. home values grew 1.4 percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets.
RealScout President Andrew Flachner will sit down with Sherry Chris, former CEO of Anywhere Expansion Brands, to discuss her extraordinary career. Submit your questions for Chris today.
Instagram Stories operate differently than other features like Posts and Reels. Sue "Pinky" Benson helps you learn how to make them work for your real estate business.
According to Splitero CEO Michael Gifford, we’re still in an affordability crisis and unlikely to see a complete housing market tumble in 2023.
The Real Brokerage has already taught ChatGPT how to help agents. But failing to use the same software or work with the same data results in few opportunities, Chief Technology Officer Pritesh Damani told Inman.
Join Anthony Marguleas as he discusses the concept of circle prospecting and how it can revolutionize your lead generation and outreach strategies for boosted business.
Leader of Overachiever Central, Dana Cadena has helped several agents become seven-figure-producing mega-agents, she shared ahead of her appearance at Inman Connect Las Vegas.
Two fake Zillow listings went viral at the end of May — one a high school senior prank and the other resulted in buyers losing thousands. Here's how to save clients from online scammers.
Central Florida agent Anne-Marie Wurzel brings her background in advertising and copywriting to bear on the practice of real estate, including marketing experience from more than 300 properties and management of her agency's largest client, a national REIT.
We sat down with three CENTURY 21® retention leaders to better understand how to keep your affiliated agents satisfied and still affiliated with us. What follows are the 3 keys to making your retention rate shine.
The best outdoor kitchens "work" just like their indoor counterparts. For decades, architects designed the ‘kitchen triangle’ — assuring an easy reach between sink, refrigerator, and range. Today, the best outdoor kitchens follow the same formula.
While often used interchangeably, these three factors speak to different aspects of your business — and your clients’ decision-making process.
With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy.
The luxury team spent 24 years with Coldwell Banker before realigning with Compass, Inman has exclusively learned. Last year, the team traded $80 million in real estate transactions.
UtahRealEstate.com's new skill leverages a form of artificial intelligence called computer vision from Restb.ai to scan images for rapid description creation, item tagging and room identification, the company said.
The multifaceted software, built by the Atlanta-based company REAI, is designed to automate for agents a range of tasks that can often occupy hours of a standard work week, the company said.
When it comes to marketing trophy properties or getting past a plateau, Aaron Kirman and Damian Hall have a few secrets to success — and they are sharing their tips with Inman.
Ark7 is a mobile and browser application helping accredited and non-accredited investors alike invest in real estate.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
This week: Home Depot rolls out its new tiny home. Can initiatives like this make an impact on the affordable housing crisis?
Despite instability, the priciest and most unique properties are still moving, Christie's Co-CEO Thad Wong and President Chris Lim told Inman during the brokerage's annual conference.
With hundreds of comments on our coverage of Ralph Yarl's shooting, what does it say about door-knocking, and where do we go from here? Rachael Hite updates the story and looks at the sometimes heated reactions.
The U.S. needs to not just build more new homes, but build more new homes that are affordable to most people, according to a new report from the National Association of Realtors and Realtor.com.
Rapidly growing Latch, which will soon be led by Ring founder Jamie Siminoff, tapped AppFolio's wide-ranging property management software to streamline its enterprise access systems.
In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects "some pain" and even consolidation, banks will weather the storm.
Amid rising gun violence, real estate agents are debating the continuation of door-knocking, a traditional practice. Opinions are split, as some advocate for caution, while others suggest it's time to halt the practice due to safety concerns.
With the right products, your new luxury home can become a smart, convenient and energy-efficient living space, smart home expert Brandon Doyle writes.
You need more than pretty pictures in your social media feed, luxury marketing expert Laura Stace writes. Make sure you are educating potential clients with your content as well.
Unless the companies decide to take their case to the U.S. Supreme Court and the court opts to take it, this is the end of the road for a legal saga that began eight years ago over the fate of sold listing photos.
While Zillow remains centered on consumer search and lead generation, offspring ShowingTime+ is becoming the "super app" the industry giant promised, according to the company.
Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform.
Implemented in April on properties over $5 million, the ULA Tax was intended to bring in an average of $56 million in revenue per month to the city of L.A. During its first month, it brought in just $3.6 million.
This diverse group of successful real estate agents and brokers from across the U.S. and Canada will be sharing real-time knowledge from the best and brightest from the stage, dishing highlights, and relaying the action straight from the front row of sessions and masterminds.
In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3 percent mortgage rate "as a financial asset" — at least for now.
Learn how this Florida broker-owner respects her third-generation, family-owned company's history while keeping an eye on the future.
Happy Grasshopper, a content marketing solution, is adding gift-giving to its services thanks to a partnership with Maryland-based Marigold & Grey, a full-service artisan gifting company.
The typical U.S. homeowner with a mortgage lost about $5,400 in equity in the first quarter of 2023 compared to a year earlier, CoreLogic said.
New Inman Access now streaming! Tune in this week to better understand the key essentials of buyer consultations and learn how to utilize circle prospecting to grow your business.
Great agents do daily what good agents do occasionally. Let Jimmy Burgess walk you through 21 best marketing practices to grow your business.
Mastering the art of delegation is a critical skill for leaders ascending the ranks in the real estate industry, writes The Agency's Rainy Hake Austin.
No matter how many years of real estate experience you have, thoughtfully embracing and leveraging media coverage can be a highly impactful way to amplify your brand, expand your business and gain new clients.
Does "full-service real estate" really mean anything, or is it just something brokerages say to charge higher fees? Teresa Boardman looks at the service-shortfalls of so-called full-service brokerages and teams.
Harnessing the power of AI in your marketing plan doesn't mean you're abdicating control, writes Chris Pollinger. Instead, it means you're arming yourself with a powerful ally that can help you navigate the complex world of real estate marketing with more clarity, precision, and insight.
Everything’s coming up roses in the design world, with many interior tastemakers leaning into corals, reds and berries to reflect their emphasis on bold colors inspired by nature.
Some Fed policymakers say even if they skip hiking rates next week to assess the latest inflation data, that doesn't mean they're ready to pause altogether.
A new report released by Redfin found that 33.4 percent of home purchases were made in cash during April 2023 — up from 30.7 percent a year earlier.
Adina Azarian died Sunday when the small plane she was on crashed in Virginia. Investigators are now exploring the possibility that hypoxia impacted people on the Cessna 560 Citation V.
"We invested heavily into building our end-to-end software solution for rent reporting and consumer app layer and now we’re focused on revolutionizing the entire renter experience," said Boom CEO and co-founder Rob Whiting.
TopHap, a geospatial data visualization company that supports the real estate industry in relocation, development and marketing decisions, is now in beta testing with OpenAI’s ChatGPT plugin, the artificial intelligence tool that is rapidly expanding its presence in the industry, the company told Inman.
Park Hotels & Resorts CEO Thomas Baltimore says city's "major challenges" include weak conference outlook, high office vacancy rate and "street conditions" when announcing the move.
The real estate giants' omission from Fortune's annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022.
As the market for proptech nears $100 billion, executives at companies like Contactually and Trackxi are grappling with a paradox: As supply grows, demand from brokerages and agents is narrowing.
Whether you've always hated cold calling or never started in the first place, these ideas from social media strategist Michelle Berman-Mickel, will help you lead gen on Instagram instead.
During the 18 months that have taken place since the acquisition, the firm has gradually rolled out its proprietary technology, pl@tform, to Christie's affiliates and early adopters are now seeing "great impacts," said Thad Wong.
Restb.ai, a software company that has pioneered use of computer vision, a form of artificial intelligence, in the residential real estate space, has cemented its latest multiple listing service relationship.
The U.S. Department of Justice wants "to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually," according to an appeal.
Although cold calling has traditionally been used as the leading sales prospecting approach, alternative strategies often yield better outcomes in today’s business landscape. Marketing expert Diana Zaya shares lead gen ideas to take you beyond the phone call.
These 12 principles can act as guideposts and mile markers to measure your forward progress, writes mega-team leader Carl Medford. Do not take shortcuts.
Whether you love or hate depictions of real estate agents in books, TV shows and movies, we all have our favorites. Who's yours?
High property taxes in Texas have in the past canceled out some of the state's affordability advantages. But political leaders are looking for ways to reduce homeowners' tax burden.
The Consumer Financial Protection Bureau warns of reputational and legal risks of relying on "deficient chatbots" as the primary mode of interacting with customers.
My Link My Lead will enable eXp agents to share links to eXp's national search portal and automatically refer the leads generated outside of the agent's service area, the company said.
Brad Smotherman bought 28 homes last month without traditional financing. He plans to double his business by the end of 2024. The Tennessee real estate investor told Inman how he does it.
Bridge loans offer investors a quick and flexible way to finance an investment property, but they come with some disadvantages, writes Luke Babich, chief sales officer at Clever Real Estate.
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. A former marketing executive at Compass California and Pacific Union International is moving to Christie’s […]
As the ADU trend continues to gain traction, Kendyl Young's role in equipping agents with the tools they need to navigate this new landscape is vital. Brandon Doyle talks to her about how she's helping to educate agents on this niche.
In her first big move since becoming CEO, Kamini Lane revealed an organizational shakeup aimed at streamlining and supercharging Coldwell Banker's recruiting, retention and growth strategy.
Find out how Palm Beach agent Daniel Ekerold learned to focus more on the service provided so that the ROI could take care of itself.
The most valuable asset you have is you, and the smartest investment you can make is to nurture and develop that asset at Inman Connect.
Atlanta broker-owner Amy McCoy joins Dr. Lee Davenport for a discussion of community advocacy and housing equity.
Merch isn’t just for rock bands and YouTubers. DOORA Properties Creative Director Janet Pozos shares strategies for creating an on-demand product line to promote your real estate business.
In a busy landscape of tech tools and platforms, we wanted to understand what makes Breakthrough Broker custom marketing centers stand out to industry leaders who use it every day.
In a seemingly unstoppable trend, HomeZada is the latest proptech player to enhance its product with artificial intelligence to handle a number of common functions for users.
CEO Frank Martell recruits former CoreLogic colleague David Hayes as losses pile up and mortgage originations hit another new low.
The plane, which drew military intervention after it flew into restricted airspace, crashed Sunday, killing four people, including NYC-based agent Adina Azarian and her 2-year-old daughter, Aria.
The real estate juggernaut is sunsetting the Homesnap brand name and products by the end of the year in favor of transitioning users to its dominant residential real estate brand Homes.com.
Web activity grew by 54 percent in March 2023, easily the greatest increase of all top-ranking websites worldwide, according to Veza Digital.
Could an obscure chart provide a roadmap for investment? Bernice Ross talks with money mentor Chris Naugle about this little-known pattern of economic highs and lows dating all the way back to the 19th century.
The Getaway Pad from PLUS 1 Homes generated buzz online over the weekend for its low price tag. But the mother of all tiny home requires more than $44,000 to be inhabitable, early adopters warn.
Instagram isn't just for 21-year-old would-be models. Sue "Pinky" Benson shares why Gen-X is the fastest-growing group on the platform and why you should be there, too.
Explore how innovative solutions are revolutionizing new development from a historically building-centric view to a tenant-centric approach, in this must-watch Inman Access class.
With fewer transactions in play, agent recruitment and retention comes down, in many cases, to the way agents are compensated, writes Mike DelPrete.
Question misconceptions and challenge the status quo to put this powerful buyer tool to work for your hopeful clients, writes trainer Darryl Davis.
Not crazy about buyer love letters? Mortgage expert Rick Guerrero says that a great lender can reach out to the listing agent on a buyer's behalf to offer information and reassurance.
Ahead of her appearance at Inman Connect Las Vegas, the CEO of Laurie Finkelstein Reader Real Estate shares why absorbing information and attending events is more crucial than ever in 2023.
The floors underfoot have a powerful bearing on the quality and character of the home. Flooring brings cohesion to the design while allowing each room’s distinct personality to stand apart. Here are the trends that will help any property shine.
Same Day Mortgage delivers exactly what it promises – loan approval in less than 24 hours. Since launching earlier this year, Same Day Mortgage has closed more than $2B in loans. Many applications are approved in four hours or less.
Your unique value proposition is more than just a catchy slogan, writes media expert Jeremy Knauff. It’s a powerful way to differentiate yourself from your competition.
Proposed standards would include random sample testing and reviews to ensure a "high level of confidence" in the estimates produced by AVMs.
"Before coming to the market with our first lead product to connect consumers with real estate professionals, we wanted to create even more meaningful conversations for agents by enhancing our proven lead engagement technology," TopProducer's Kerm Foltz said.
Machine learning has been a component of Zumper's overall solution for some time, but its ChatGPT use will enhance consumer-facing interactions primarily in terms of search, according to the company.
Friday's strong jobs report renews worries that the Federal Reserve is not done hiking rates to combat inflation as policymakers face June 14 decision to "hike, skip or pause."
The two-bedroom apartment at 560 State St. in the Boerum Hill neighborhood is in the building eulogized by the rapper as his former "stash spot" in his 2009 hit "Empire State of Mind."
Reports from UD Advisor examine listings and specific situations with hyper-local market data, relevant sales and custom analytics from UrbanDigs to provide agents with actionable, data-based recommendations for their businesses, Inman has exclusively learned.
SphereBuilder offers listing marketing, marketing analytics, ideas for improving your online presence and a host of features to produce and measure digital marketing.
Readers who prioritize second homes and investment properties turn to Inman’s weekly Property Portfolio email newsletter, whether they’re agents who work with this special class of clients or investors themselves. This month, we’ll go deeper on everything from the latest at Airbnb and Vrbo to the changes investors are making to their portfolios in a […]
The brokerage launched sales this week for its first-ever luxury condo new development project in The Big Apple. Sales agent Shane Boyle filled Inman in on all the juicy details, including the unparalleled views.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
In his first column for Inman, Jay Papasan, the co-author of "The One Thing," says that while Inbox Zero is held up as a productivity ideal, it's not necessary for streamlined email management.
May was a strong hiring month for the U.S. as a whole. But in a down market, real estate didn't quite keep pace, according to new jobs data released Friday by the Bureau of Labor Statistics.
Each week on The Download, Inman’s Christy Murdock takes a deeper look at the top-read stories of the week to give you what you’ll need to meet Monday head-on. This week: We move a step closer to the courtroom as the bombshell lawsuit's judge sets a window for scheduling the upcoming trial.
The senior Reffkin's move to the social media-forward team will create a cross-generational collaboration that capitalizes on combining varied skill sets to best help clients, Inman exclusively learned.
While AI has the potential to automate and certainly enhance many aspects of the real estate industry, writes California Realtor Ken Sisson, it is unlikely to replace human agents completely anytime soon.
Doctorow oversaw the company as its revenues and site traffic rose to record highs, the company said. But as with the rest of the industry, Move has shown signs of a slowdown.
Zillow's latest housing survey revealed overwhelming support for accessory dwelling units, duplexes, triplexes and other dense-housing complexes as housing costs have doubled from pre-pandemic levels.
The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters.
They may have fame and money, but celebrities have to go through the painful process of house hunting just like the rest of us, Bennifer's homebuying journey shows.
Overall home purchases dropped 41%, suggesting investors have pulled back from the market more than consumers during a period of high rates and volatile home prices, according to Redfin.
These real estate brokers say they're building a disruptive brokerage based on their bullish belief in their Oregon market.
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt.
In the past week, a growing chorus of public figures — from Elon Musk and Ross Perot Jr. to Barbara Corcoran and Dave Burt — have escalated their rhetoric around a looming "real estate recession."
As community life and face-to-face interactions become more rare, door-knocking as a lead generation and nurturing tool becomes even more powerful. California agent Ernesto Vargas offers his best how-to advice for developing a door-knocking habit.
Tech stacks can be a challenge and the cost of keeping up with new technology can be a burden, RAMUS Real Estate broker-owner Erica Ramus writes in response to our inaugural proptech poll.
Watch the latest Inman Access classes to learn from industry experts on how to elevate your lead gen and conversion, along with what the future of proptech will mean for the real estate industry.
Attending these networking events provides an opportunity for you to build your brand and get the word out about your brokerage.
Feeling the pressure and frustration of the market? Thinking about blowing it all up? It's time to take a hard look at your organization, and the way you do business, so that you can flourish in today's market, Craig Reger writes.
Whether you're a brand-new agent or a veteran who's shifting gears, Livian's Erin McCormick Torres shares how to hit the ground running when you join a new team.
Leads are the lifeblood of any successful real estate business. Here are 40 ways to generate leads that are working right now from Jimmy Burgess. Choose a few, and get started today.
For agents, sharing these programs with those who would not normally qualify for a traditional conventional loan can be a huge lead generator for their business for many years to come.
The company, which supports real estate professionals who want their own brand, plans to have its staff members work in the markets where its partners are based.
The leading team at Douglas Elliman has launched sales at the recently renovated Renaissance-Revival building, which includes 10 one- to three-bedroom units, Inman has exclusively learned. One of the penthouses is already under contract.
Portal competitors are shelling out big money in an effort to dethrone Zillow, but do they stand a realistic chance?
Christian Faes' Los Angeles-based Faes & Co. will back tech-enabled direct lenders that cater to U.S. residential real estate investors including F2 Finance.
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. An investor who correctly predicted the 2008 financial crisis sees another overlooked threat on the […]
The AAPI community is driving the local housing market in Washington, D.C., based on factors like cost and educational opportunity.
The Tesla CEO just predicted a coming collapse in the housing market, but Redfin CEO Glenn Kelman and other experts say the conditions that would lead to a meltdown just aren't there.
The Brooke Amendment — a law otherwise known as "the 30 percent rule" that has shaped U.S. housing policy since the 1960s — is in the crosshairs as spending on real estate soars to record heights.
Alexia Rodriguez, CEO of KW Cares, Keller Williams' philanthropic arm, reflects on the nonprofit's 20th anniversary and why companies with employee hardship funds enjoy higher retention rates.
Inflation, construction costs and intensifying wildfire seasons pushed State Farm to stop taking new homeowners' insurance applications in California, the insurance giant announced Friday.
Requests for purchase loans were down last week by 31 percent from a year ago as rates rose to new 2023 highs and homes remained scarce in many markets, according to the MBA's Weekly Mortgage Applications Survey.
There are so many different social media vibes, we wanted to know: Where's the line between personal and professional on social media?
Learn the strategies of agent productivity from a panel of top-performers as they discuss recruiting, training and empowering agents to conquer sales goals in a shifting market.
Start infusing your personality and perspective into your social media content to connect with your audience and increase engagement, writes social media expert Maris Callahan Messervey.
If the parties don't settle, expect a lengthy trial for the Moehrl homesellers' case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America.
For investors who provide the funding for most U.S. mortgages, the debt ceiling crisis won't be over until Congress actually votes to approve the deal negotiated over the weekend.
U.S. home prices rose 0.7 percent in March, notching a second-straight month of upticks while suggesting declines that began in 2022 may be winding down, according to data from CoreLogic and the FHFA.
Now Streaming! Discover the transformative power of reframing your mindset with a new outlook, and gain the upper hand in conquering challenges with Bill Storm's Inman Access class.
It grew from a way to earn a little extra money renting out a room to a $67B behemoth. Now, heading into a busy travel season, Airbnb looks to return to its roots.
Find a niche, start small and think local, writes Inman contributor Michael Zaransky, the founder and managing principal of MZ Capital Partners.
Should you jump on the bandwagon or leave self-storage to institutional investors? Here's what to consider before investing in a storage facility, according to SparkRental co-founder G. Brian Davis.
In addition to Mosaik and Roomvu, Plunk is also providing actionable market data to DropOffer, Calque and SphereBuilder, according to a company announcement.
Secure payment processor Payload will deploy its APIs to facilitate faster, more secure payments for customers of Brokerage Engine, according to an announcement exclusively sent to Inman.
Ahead of her appearance at Inman Connect Las Vegas, media strategist Shannon McKinstrie shares how agents can tap into social media as a lead generator without falling into a time-suck.
Focusing exclusively on monthly payments can mean borrowers lose sight of the advantages, and drawbacks, of various loan products. Trainer Bernice Ross looks at some alternatives to the 30-year fixed rate mortgage.
In a time of cynicism and negativity, superhero movies are more popular than ever. Here’s how to become the hero in your own life and in your business.
When listing a luxury property, agents must bear in mind that buyers’ expectations are higher than ever. They want to see a home that aligns with the aspirational architectural content they watch and read. And color can effectively illustrate that designer lifestyle.
Real estate agents should be using video to market their businesses consistently, period, Kyle Draper writes. Here's how to do it.
House lawmakers ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68 billion in risk since 2015.
The expansion is part of Zillow's "enhanced markets" program, which is now in six cities and part of the company's efforts to eventually build a real estate "super app."
The North Carolina-headquartered real estate firm announced the hiring and promotion of new district directors in five key markets.
Senate Bill 264 goes into effect in July. It might not have a big impact on the buying power of foreign citizens, but the ripple effects of the law's suggestively biased tone may set a precedent.
Should you advertise for Memorial Day? Jessi Healey, a previous military spouse and social media expert sounds off on what is and isn't appropriate over May's annual three-day weekend.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
The home in Studio City was renovated by HGTV in 2019 and has since been used in a number of the network's specials and series. Now one lucky buyer will be able to keep a piece of television history.
A homebuyer taking out a $300,000 loan could end up overpaying by $1,200 a year — and even more if they're in the market for a jumbo, FHA or VA mortgage, according to a new CFPB analysis.
Working with professional athletes can be both exciting and challenging, but it's an incredibly rewarding experience, according to Atlanta agent Chad Carrodus.
Mosaik is an operating system for the client experience, handling listings, tasks, transactions and relationships for real estate agents and teams.
Meet McKenzie Ryan. From her Olympic training days to her passion for the NYC skyline to what's going down on Season 2 of "Kendra Sells Hollywood," Inman sat down with Ryan to get the Real Tea on everything.
Take a look at the new membership numbers, then find out how to gain mindshare in your market with a well-developed content marketing plan.
The portal's co-founder and former CEO also said that Zillow's impact includes creating tens of thousands of new "super agents."
Being named to Entrepreneur magazine's 2023 Franchise 500 list puts some wind in the sails of the company's long-term goals.
A federal appeals court on Wednesday denied a request from NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America to overturn class certification in the Moehrl lawsuit.
Doss 2.0 has been released, and it’s been enhanced with a deep integration of ChatGPT-4, the newest iteration of OpenAI’s artificial intelligence content generator.
NAR numbers show that, while most regions of the country saw month-over-month gains, pending home sales in the Northeast pulled down the national average.
Being the leader of a real estate agency requires a deep commitment to supporting your agents in every way possible to ensure their success and well-being, writes Seattle broker Adriano Tori.
If you don’t have something nice to say, go ahead and say it anyway, says California real estate broker Troy Palmquist.
Zillow reported rent grew by just 0.6 percent in April as an ongoing slowdown in rent growth continued after peaking last year.
Long Beach-based Proper Real Estate has affiliated with the global franchisor, bringing along 70 agents and rebranding to RE/MAX Proper.
You've seen him on Netflix's "Buying Beverly Hills" but what did you really learn? In this Real Tea interview, we'll go deeper on everything from romances, team movements, nepo-babies, Scandoval and more.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
The 1975-era home closed at $1 million over asking, Inman has learned exclusively. Buyers have flocked to Sierra Madre, California, for its privacy and access to nature, as many people continue to work remotely.
The chief executive of the largest iBuyer spoke to Inman about Opendoor's first-quarter earnings on Thursday — and expectations that the company is turning a corner after a rough 2022.
Employers posted another hot hiring month as the spring housing market picked up, exceeding strong overall numbers, according to data released Friday by the U.S. Bureau of Labor Statistics.
Twelve-year-old independent brokerage Tru Realty has joined Keller Williams, according to an announcement on Thursday. Tru Realty has generated $450.6 million in sales volume since 2021.
The Realtors Legislative Meetings will run May 6-11 and some sessions will be live-streamed for National Association of Realtor members. Here's everything to look for as the conference starts.
Google Home is a robust ecosystem that offers homeowners a range of smart home devices and features.
Building a personal brand takes time and effort, but the rewards are well worth it. By consistently applying these Brandamentals developed by branding guru Stacey Ross Cohen, you'll see results.
There’s not an over abundance of spreadsheets or charts (there are some) but instead a series of clean dashboards that track payments, outgoing expenses, revenue streams and tenants.
Agents can deal with economic headwinds by understanding their buyers' mindset and helping them tap into down payment resources.
Redfin's Q1 revenue declined 45 percent year over year to $325.7 million, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday.
Total revenue dropped 6.2 percent year over year and U.S. agent count fell 5.4 percent, according to earnings data released Thursday as the real estate brokerage continues to wrestle with a shifting market.
Despite reporting its highest-ever first-quarter revenue, Vrbo parent Expedia Group reported losing $145 million in the first three months of the year, according to an earnings call on Thursday afternoon.
The share of homes that were worth at least 50 percent more than their mortgage fell for the second straight quarter. Still, there are few homes facing foreclosure, according to the latest report from Attom.
CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges.
The iBuying giant saw revenue dip 39 percent year over year at the beginning of 2023, according to a Q1 earnings call Thursday. It also sold and bought fewer homes compared to the beginning of 2022.
Tech-forward real estate brokerage Real is known for its combination of in-house software development and third-party partnerships. That tactic continues with its latest integration of Open AI’s ChatGPT.
Shares in regional banks PacWest Bancorp and Western Alliance Bancorp tumble, and TD Bank Group and First Horizon announce they're calling off their merger.
This is the season where the strong will get stronger. Do the work and you will be one of the ones who comes out stronger on the other side.
An Inman analysis of NAR data on residential sustainability over the past seven years reveals that fewer agents and brokers believe touting energy efficiency in listings elicits meaningful results.
Founded in 1973, RE/MAX is one of the most recognized real estate brands in the world. RE/MAX® is the most productive real estate network in the world, as measured by residential transaction sides and, with a presence in over 110 countries and territories, the RE/MAX network’s global footprint is unmatched by any other real estate brand.
Described as "one to watch" by Douglas Elliman Executive Chairman Howard Lorber, Middleton will operate out of Douglas Elliman's flagship office in Manhattan, Inman has learned exclusively.
Find out why this high-flying Beverly Hills real estate broker is in the spotlight and learn what he predicts for the rest of 2023.
As business owners, it's important to do the math and understand what causes some agents to leave your brokerage.
Watch the latest Inman Access classes to better understand how to build a strong, authentic brand, and learn the key tactics real estate professionals can implement to leverage free press.
Bank failures and potential debt ceiling showdown are wildcards for Fed policymakers weighing their next move as the threat of recession looms.
The plugins will allow users to employ conversational language to ask the chatbot details about specific listings and the kinds of homes they seek to fine-tune their search results.
The brokerage giant spooked investors with its latest earnings report, in which first-quarter revenues were down 31 percent year over year.
Following a dramatic Q4 in which the iBuyer posted losses of $121.1 million, Offerpad improved its net loss by 51 percent to $59.4 million in Q1 as it struggles to adapt to a shifting market.
Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales.
The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years.
The independently owned Islandia Real Estate is now Islandia St. John Christie's International Real Estate, led by Managing Director Keleigh Rees.
Following an emotional hearing disrupted by protestors, a preliminary vote Tuesday by the Rent Guidelines Board set the stage for increases of up to 5 percent for one-year leases, and 7 percent for two-year leases.
Bringing on Dr. Clare Losey will allow ABoR to produce ongoing reports on all aspects of the Central Texas economy for its 20,000-plus members, their clients, and local policymakers.
Instead of a blanket call for the highest and best offer, listing agents and buyer agents need to get back to the basics of negotiating.
From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry.
The founder of PropTech Consulting said artificial intelligence can revolutionize the industry, but stakeholders will need to tackle data quality, bias and privacy concerns, among other issues.
Approval in one day and closing within ten? It’s not a myth. It’s a service that the team at Guaranteed Rate has developed, and we wanted to learn more. This is a massive value add for buyers, but it’s also a differentiator for listing and buyers agents to know exactly how it works — and […]
As a real estate agent, it's not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place.
Since the accelerator launched a decade ago, 80 companies have graduated from the program, according to an Intel analysis. More than 75 percent are still in business and approximately 20 percent have been acquired.
Communication in all types of circumstances can help to set your services apart. Here's how to approach four common bad-news scenarios and keep your client relationship moving forward.
Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next.
Down payment assistance programs can help more people make their dreams of homeownership come true, including up to one-third of all borrowers who fail to qualify without DPA.
Stop focusing on repetitive tasks and start focusing on the kind of client service that moves the needle and grows your business.
Does your in-house lender function more as a trusted resource or as a barrier to getting your deals done in a timely manner?
Frank Major was known for his kindness, brilliance and contributions to real estate innovation. "Like many of us, I will greatly miss his friendship," Bright MLS CEO Brian Donnellan said.
EXp World Holdings tallied a 16 percent decrease in revenue in Q1 as transaction sides and volume at its brokerage, eXp Realty, fell by 10 percent and 20 percent, respectively, according to an earnings call on Tuesday.
Experts participating in BAD INPUT argue technology could expand access to credit, but also perpetuate discriminatory lending unless it is closely overseen.
Corcoran has expanded its presence in New Jersey with the addition of Corcoran Infinity Properties, according to an announcement on Tuesday. Noted luxury real estate broker David Arabia will lead the 109-agent franchise, which operates out of three offices in Alpine, Cresskill and River Vale boroughs in Bergen County.
More people are becoming landlords. From making repairs to finding reliable tenants, here's what they had to say about maintaining a rental.
The three-person New York City team is returning to Compass to further expand into luxury markets and take advantage of the company's technology offerings, according to team leader Aaron Seawood.
Real estate tax credits are incentives provided by governments and municipalities to encourage investment in certain types of real estate projects. Here's how to take advantage.
Should investment property owners be lenient with overdue rent payments? When should landlords start the eviction process? Experts share tips on how to deal with delinquent tenants.
Operations at the office, which marks the brokerage's 81st location globally, will be a family affair led by managing partners and couple Mike and Robyn Moir, alongside their daughter and partner Rachel Moir.
PACE loans can burden homeowners with higher property tax bills that heighten the risk they'll get behind on their mortgages, federal regulators say.
How will new innovations and technologies change the way agents work? Join Jim Dalrymple II and Kent Czechowski as they unpack everything you need to know in this Inman Access class.
As a child, Baker and her single mom bounced around rentals until the Georgia resident reached the tenth grade. Now, she helps make the dream of homeownership come true for people every day.
Bad news is just part of the reality for real estate agents. Here's how to deliver it effectively while ensuring clients are properly prepared and educated.
Berkshire Hathaway Vice Chair Charlie Munger warned of "trouble ahead" for the U.S. commercial property market as federal regulators seized First Republic Bank early Monday morning.
Inman reached out to the many real estate professionals who've been impacted and inspired by Chris during her tenure to get their thoughts on her legacy and her influence.
Stay ahead of the competition with the latest luxury market insights and data from David Friedman, co-founder of WealthQuotient.
Loan-level pricing adjustments — a fee on mortgages — led to widespread misinformation leading up to the May 1 hike. Inman spoke to experts about what the changes mean for homeowners.
For the first time in its history, Inman recognized more than 120 companies for their influence and ingenuity in the mortgage and financial services space.
We asked top-performing luxury agents for their take on why mentorship drives such success for luxury professionals, whether they’re new to the business or seasoned experts.
We've pooled together the top advice from our expert contributors to help answer some of the questions real estate agents ask most about Instagram.
Here are some tips on software products Inman recommends for the new agent or the seasoned professional who’s just now coming around to the modern marketplace.
What drives clients to leave reviews and testimonials — and how can you encourage them to do so for your real estate business?
Environment is everything when it comes to productivity and optimal outcomes, writes team leader Carl Medford. Here's how to create one that's conducive to success.
Although median home price growth has slowed from its once-maniacal pace, purchasing a home is still an expensive feat as existing-home prices reached $375,700 in March. Inflation and elevated mortgage rates have created additional financial pressure and placed homebuyers on precarious hunts for affordable homes — even if they have to switch their area codes. California-based boutique brokerage RubyHome crunched Zillow median home price and median household income data for all 50 states and revealed Illinois, Ohio, Oklahoma, Michigan, Missouri, Indiana, Arkansas, West Virginia, New York and Alabama offer the best income-to-sale-price ratios.
As uncomfortable as New York City's rent hikes feel to many tenants now, they don't compare to the soaring prices of Singapore's prime rental market, The Wall Street Journal reported.
To launder the funds, the U.S. Attorney's Office says Rendon enrolled with a payroll processor to issue fraudulent checks to herself, friends and family. The agent faces up to 20 years in prison if convicted, though the government is reportedly recommending her sentence be reduced.
While homeowners are staying put out of reluctance to lock in higher mortgage rates, the few homes on the market are drawing competition, according to a report released Friday by Redfin.
Billings, Montana, real estate agent Alyssa Webb was taking a cellphone video of the vacant home during a tour with clients when she turned a corner and came face to face with the vagrant.
The event, which took place at The Wynn in Las Vegas, facilitated networking, relationship-building and education across about 3,000 of the brand's agents, brokers and staff.
Discover the path to becoming a successful real estate broker, including essential qualifications, responsibilities and earning potential.
Burnett purchased the 2,800-square-foot 13th-floor unit for $1.26 million in 2002, and renovated it with husband Brian Miller in 2011. The property sold five days before her birthday, according to Zillow.
Adana Leonard and Tommy Kanarellis — who's returning to Compass after a stint at Douglas Elliman — focus on luxury listings and join the brokerage amid fierce competition for top agents.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
Judge Thomas Zilly denied Zillow's motion for a protective order, saying CEO Rich Barton must complete three hours of questioning from REX's counsel about the company's "Project Bookshelf."
The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity.
Inman asked chatbots and image generators to mimic human-made content, much of it from Inman's news coverage earlier this week. How many readers can see the difference?
The "State of Real Estate Marketing" report released on Friday by Luxury Presence and Sell It Like Serhant surveyed over 1,000 luxury real estate agents to gain insights into agents' plans for marketing in 2023 and best practices.
Are you a Kendall, Roman, Shiv or Connor? Are you a shark, a minnow, a beast or a black sheep who might win it all? Take the quiz to find out.
The loan servicer spends "several hundred million dollars a year" on call center operations and expects $50 million in annual savings at the outset of a 'multiyear' artificial intelligence project.
The Texas agent, who specializes in new construction and routinely tops industry lists, sold more than 6,000 homes last year, setting a new record.
A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent.
The non-QM lender has kept the doors open by slashing costs and repositioning its retail consumer direct channel, CashCall Mortgage, to be a mortgage broker.
Chandler-based Infinity & Associates Real Estate did more than a quarter of a billion in volume in each of the last two years, according to Keller Williams.
Formed by RentSpree, the "Rental Industry Leadership Board" includes heads of the California Regional MLS, Bright, Beaches and more amid a continued push for Realtors to focus on rentals.
Tim Carr, Steve High, Kim Bibb, Evan Corkett, Jon Flagg and the approximately 20 agents that make up Villa Real Estate will now work under the banner of Coldwell Banker Realty, the company said.
Flexibility, communication and more are necessary when you're balancing your day-to-day professional responsibilities with the home team.
KW, Rocket and Anywhere all landed spots on Forbes' latest list of best employers for diversity. The news comes amid an ongoing push for greater diversity in real estate.
Over her decades-long career in real estate, Sherry Chris was the rare executive who was smart, intuitive and always fun, Brad Inman writes. "Even in retirement, she will only be a call away."
Chris has been a leader at Anywhere for years, most recently as CEO of Anywhere Expansion Brands. She'll continue on with the firm in an advisory role, she told Inman exclusively.
In an unexpected twist, the Bronx neighborhood saw the median property value increase a stunning 149 percent year over year, bumping it into NYC's 50 priciest 'hoods for the first time in Q1 .
Watch David Friedman and Kent Czechowski as they dive into new trends being seen in the luxury space and the influence of AI tech.
Today’s Download focuses on agents who are heading back to where they came from after making a hasty brokerage move.
The off-market deal in the luxury enclave was conducted by a luxury car dealer and the founder of Green Mountain Coffee. It marks a new record for Palm Beach, and becomes one of the priciest deals of 2023 so far.
Trolls can be a nightmare for any brand trying to cultivate an online presence with social media, and they are also a nightmare for most of your social media followers. Here's how to deal with them without losing your cool.
Consumer spending remained high while the broader economy slowed, growing just 1.1 percent in the first 3 months of 2023, according to data released Thursday by U.S. Bureau of Economic Analysis.
Addressable combines AI-written direct mail campaigns with automated landing page creation to create integrated marketing campaigns.
Future-proof your smart home without the frustrations when you learn from smart home expert Brandon Doyle's biggest mistakes.
There’s so much noise out there on how to navigate a challenging market. This April, let Inman help you cut through the clutter to make smart business decisions in real time. All month long, we’re taking it Back to Basics and finding out how real estate pros are evolving their systems and investing personally and […]
The Pending Home Sales Index dropped by 5.2 percent in March to a reading of 78.9 — 23.2 percent lower than March 2022 levels, according to data released by the National Association of Realtors.
Agents who are looking for greener pastures may be blaming you for their lack of listings in this tough market. Here's how to keep them onboard.
From an array of exceptional leaders, you'll find words of wisdom and timeless tips to help you launch, grow and scale a business.
Find out how this Naples, Florida broker leans into collaboration to ensure that she and her brokerage keep reaching toward their highest potential.
It's time to reevaluate the skills and tools that team members need to be successful in today's marketplace. Consultant Chris Pollinger outlines the new necessities for leaders.
When you commit to building an authentic brand, you're better able to foster genuine connection with your audience. The Agency CEO and "Buying Beverly Hills" star Mauricio Umansky tells you how.
With Barton Barrett and Leigh Marshall at the helm, the team will work to expand its footprint throughout Manhattan, into North Brooklyn and across the new development market.
Mortgage rates are expected to ease as markets anticipate Federal Reserve policymakers will raise rates just one more time this year and then reverse course.
"Nothing Compares to What's Next," developed with global experience design agency Huge, builds on the firm's 2021 campaign, positioning clients for a hopeful new chapter in their lives working with a Sotheby's agent.
Weeks after Justice Clarence Thomas came under fire for real estate dealings with Texas-based developer Harlan Crow, Gorsuch is facing scrutiny over failure to disclose the identify of a buyer.
The wrong word can derail your negotiating position and undermine your best efforts. Here's what not to say now.
Inman's first-ever Intel technology survey suggests that industry members are more likely to assemble their own solutions rather than use a single, comprehensive technology platform.
Some real estate agents are earning tons in extra splits from their brokerages, the real estate advisor told Intel. Everything seems great — until they're told to pay it back in full.
The Federal Housing Finance Agency says risk-based fee increases are aimed at ensuring the mortgage giants' safety and soundness, not to subsidize fee waivers for buyers of limited means.
Filippo Incorvaia served with Douglas Elliman for eight years before launching his new brokerage, FI Real Estate, with the aim of making transactions seamless for clients, he exclusively told Inman.
You told us it works and that you need to be safe while doing it. Here is what our readers (and the data) have to say about door-knocking for listings and new business.
Take a look at the latest SCE Housing Survey which offers a detailed look at consumers’ psyche in regard to the housing market.
Whether it's what we say, how we shake hands or even the color of a scarf or necktie, there are a host of things that can impact your negotiations. That's why (as we wrap up Back to Basics Month), we want you to tell us your top negotiation tip.
BridgeMLS, known for forging a number of technology partnerships to better how its members do business, is now working with Restb.ai to use its computer vision-based artificial intelligence to streamline how agents input listing data.
From developing a strategy based on one's strengths to merging digital and in-person connections, here are some of the top tips Corcoran agents and execs shared on Tuesday.
The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023.
Today’s renters are moving the multifamily housing market away from standardization and toward their personalized needs.
How unsafe is too unsafe? Is it time to forget about door-knocking, or can real estate agents still make it work effectively?
Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains.
"Some people will quit over this decision," Redfin CEO Glenn Kelman told employees on Monday in an internal memo. "No one can say we haven’t made it deliberately."Featured
Using Airbnb's search categories and data around average daily rates, AirDNA has compiled a report showing the highest potential earning markets for short-term rental investors.
SparkRental co-founder G. Brian Davis offers his guidance on real estate investing, compared to riskier investments in stocks, bonds and crypto: Do it right and you can earn enormous returns.
Challenge yourself and your colleagues to see who knows the most, and discover new and interesting facts about the industry that you might not have known before.
Whether you’re a brand new agent or moving into a new area, here’s how to hit the ground running so that you can position yourself as the market expert.
The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new landscape of higher mortgage rates.
In advance of the brokerage's second annual BeCorcoran event, the president and CEO spoke with Inman about her thoughts on Corcoran's past, present and future and how the brokerage is meeting a shifting market head-on.
The co-ownership platform is now offering a two-year, 10 percent annualized promissory note backed by luxury real estate with investors receiving quarterly interest payments, according to Pacaso.
The housing sector's resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie's latest monthly forecast.
SentriLock, the home access technology company used by Realtors nationwide, has selected property real estate analytics company Plunk to provide users with dynamic market reports on homes scheduled for showing.
Watch TikTok mastermind Glennda Baker as she shares her video journey and how her passion to inspire, inform and impact agents has led to more than 1 million followers in less than three years.
As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold.
Get past confusing industry jargon, acronyms and abbreviations and learn how to communicate about marketing and branding.
Instead of chasing trends, make Instagram your forever platform by focusing on engagement and genuine connection.
Find out how to protect your clients from the proliferation of online scammers who are seeking to take advantage of them.
From towering garbage to high-level stench, agents told Inman their most traumatic tales from clutter-inclined clients following the discovery of a home filled with "millions" in old comic books.
The integration intends to enhance the accuracy of its HomeMatch algorithm, which is driven by a series of user prompts instead of the traditional "filter-and-find" methodology, the company says.
Across the international landscape, all real estate portals are not created equal. Here's how varied revenue models affect earning potential.
As Corcoran celebrates its 50th anniversary at BeCorcoran this year, agents can expect compelling keynotes, market advice, branding and marketing tips, networking opportunities and more.
This week, tune in to hear from proptech power player Dominic Chan as he breaks down the impact of proptech on the industry and the benefits it offers in today’s economy.
Tools such as ChatGPT and DALL-E have opened the artificial intelligence floodgates and promise to permanently transform the way agents operate. But there's so much more to explore.
As the most user-friendly and visually focused social media platform, using Instagram effectively is a must for your marketing.
Today’s Download focuses on agent safety, including the wisdom and practicality of door-knocking in today's society.
Once you've decided on the type of Instagram account you need, this video will help you make the switch from one to another.
If you want to develop deeper, more meaningful connections with leads and clients, you need to focus on who they really are and what they're looking for.
Creating and nurturing a mastermind of real estate professionals in markets throughout the country offers an array of significant benefits.
Remember when all we could talk about was inventory? Now AI is changing the way we work on a moment by moment basis. Interest rates are changing the way buyers approach the market. And headcounts are in flux as tech companies find a way forward. That’s why Inman Connect Las Vegas is more important than ever.
Orhan Tolu went from 12 affiliated agents and the potential collapse of the industry, to almost 2000 full and part-time affiliated agents and continues to expand. Here's how he did it — with help from CENTURY 21.
A new report by RE/MAX explores what's most important to today’s homebuyers and sellers, from their criteria for choosing a real estate agent to their adaptability for the future. The findings are valuable intelligence for agents and brokers alike.
When talking about luxury vacation homes, locations such as Wyoming's Teton County and Montana’s Bitterroot Valley may not be the first markets that come to mind, but there’s great value in hidden gems.
As we move into a slower market, it’s critical to have the support of the best possible real estate company behind you. If you’re not sure that yours delivers and you’re exploring your options, make sure to ask these four questions of any potential new brokerage.
With all of the recent changes to the market, what questions are sellers likely to ask this year and how do you best address them?
Stewart Valuation Intelligence (SVI) is the latest technology vendor to be approved by Fannie Mae to support the new value acceptance + property data valuation process.
Millennials passed a significant milestone in 2022, with census data showing that 51.5 percent of millennials now own homes.
Investor profits are falling, and the number of investors losing money reached the highest point since 2016, according to a new report from Redfin.
Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.
Weeks after announcing a national expansion, Serhant and his partners are facing a $10 million lawsuit and allegations of concocting a scheme to "loot" a Pennsylvania brokerage in an effort to expand.
During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating bust.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
The brokerage is recruiting agents and regional directors from the military community to help launch the Compass Military Division in July.
Showami is software that facilitates the broadcast, acceptance and payment of showing needs between licensed agents, offering teams and brokerages a quick way to create a showing delegation system.
Alexander Zakharin took TikTok seriously, and soon the president of Nest Seekers International's Ultra Luxury division took notice. Now he's sharing his tips to land a promotion with Inman readers.
Lennar is one homebuilder making the most of the popularity of smart home style and infrastructure with their newly implemented tech plan.
Whether you have design skills or work with a trusted colleague, decor and renovation services are an exceptionally effective value-added service.
If you're implementing direct mail into your marketing, here's how to make sure it stands out after your next closing.
There are only a few generational technologies that come along with the potential to revolutionize the efficiencies in our businesses. ChatGPT is one of these.
Detached or site condominium ownership is a complicated issue that requires immediate attention from the real estate industry.
The defection of former Fairway division manager John Lowe and 40 colleagues who originated $350 million in loans last year "is equal to that of a mini acquisition."
The Gateway City once again ranked dead last in an annual ranking of the best cities for pot lovers, falling below Bridgeport, Connecticut, according to Lawnstarter in observance of 4/20.
Yves Jean-Baptiste bought Rapid Realty in 2018, but now says the former owner Anthony Lolli actually used the deal to pawn off a failing business.
Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow.
Existing-home sales fell 2.4 percent in March to a seasonally adjusted annual rate of 4.44 million — 22 percent lower than a year earlier, according to data released Thursday by the National Association of Realtors.
The truth is, you can fight back against a challenging market, but it’s unlikely you can avoid it. Here are some actionable strategies every brokerage owner must know to protect and grow what you’ve worked so hard to build.
Inman assembled a list of technology companies for customizing a tech-stack, specific to those brokers who look for flexibility, best-of-breed options and quicker roll-out.
Learn how Melissa LeGrand, owner and relocation specialist at @properties - Elleven | Christie's International Real Estate, champions authenticity and mindset in real estate to help newly licensed brokers succeed.
A teenager was shot for knocking on the wrong door. Telling your agents to door-knock for new business is dated advice, and it could be deadly. In a world where gun violence is in our headlines daily, it’s time to stop door-knocking.
Watch the new Inman Access classes now! This week's videos feature industry innovators Dominic Chan and Glennda Baker, who bring their extensive experience and insights to the table.
Shaker is a mobile-first solution on both iOS and Android operating systems used in managing listings and transactions and automating tasks and deadlines, among key business processes.
Despite lobbying by mortgage trade groups, two previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading.
The shop marks the brokerage's 12th location in the state of Colorado and has been built out of the firm previously known as The Source for Pagosa Real Estate, led by founders Mike and Lauri Heraty.
A majority of those born between 1981 and 2013 believe they’d need to win the lottery to be able to afford a home in the U.S., according to a new study by Zillow.
Pandemic-era boomtowns and tech hubs fueled an annualized 3.3 percent drop, to $400,528, according to new data. "There’s this fear that everything will crash," reports one Redfin agent in Boise, Idaho.
Realtors, through local, regional and state RPACs are providing financial support for elected officials who are discriminating as they write and support anti-LGBTQ+ bills in statehouses across the nation. It's time to stand up, says Ryan Weyandt, CEO of The LGBTQ+ Real Estate Alliance. Here's what you can do.
These contract terms incentivize agent retention by creating an ever-growing bill that must be paid before leaving for a new brokerage.
The dust has begun to settle from the great pandemic home-price boom and bust. An Intel deep-dive analysis sheds light on which markets have been hit hardest by falling prices — and why.
The Real Brokerage founder and CEO Tamir Poleg shares how his rapidly growing business scooped up so much market share last year against the odds — and what the market holds in the days ahead.
What you don't know can hurt you and your clients. Find out everything you need to learn about detached or site condos.
Do your clients focus on price or potential? Whether it's your commission or their home price, their attitude will make all the difference.
Breaking the ice can be a challenge. This week on Pulse, we want to know your best conversation starters to strike up a real estate chat with anyone, anywhere.
A "penthouse" title alone isn't enough to get a seller top dollar anymore, according to a new report obtained exclusively by Inman from Jim St. André at Compass. Other factors play a key role, too.
The mortgage giant's quarterly Home Price Index shows national home prices were up 1 percent during the first quarter of 2023 compared to the final three months of 2022.
Sahil Kapoor will lead the new office, which is based in Delhi. The expansion comes amid a significant international push for Keller Williams, according to the company.
A one-year agreement calls for RESAAS and Rocket Mortgage Canada to share revenue generated by new mortgages, mortgage renewals and refinances.
Proptech will continue to transform real estate across the rental, operational and residential journey, particularly as we develop more creative ways to deploy it.
Strategic marketing consultant Chrissie Rivers shared five reasons property managers might use artificial intelligence for managing properties. Then we asked ChatGPT for management advice.
In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles.
Builders pushed forward with more new single-family projects for the second month in a row, but remained far less active than last year, according to data released Tuesday by the U.S. Census Bureau.
No metro in the U.S. held enough vouchers to meet soaring demand, with Miami and other cities in Florida standing out for disparities between available vouchers and renters who need them.
Rezora will leverage artificial intelligence to personalize email based on client segmentation and property interests, as well as enhance listing narratives, according to an announcement.
Join Inman Access to watch Nancy Almodovar share her marketing and branding tips to communicate your unique value proposition, elevate your business and take on the luxury market.
People do business with people they know, like and trust. So be that person, and you’ll watch your business soar.
Restb.ai's MLS product suite will be connected directly to the Paragon MLS platform, which is used by hundreds of multiple listing services around the country, according to the company.
A lawsuit says hundreds of real estate investors lost tens of thousands of dollars due to practices by the company, Build Realty. A judge ruled the case can move forward as a class-action lawsuit.
The partnership will allow the brokerage to create refined websites that are high-performing and data-rich and include customizations specific to the Engel & Völkers platform.
Surveillance footage shows Carroll walking up to the manager of the eatery, Miguel Angel Weill, and appearing to spit in his face before walking away.
The marketing software company announced what it’s calling "the first" artificial intelligence-powered email and SMS marketing content generator for small businesses.
Top agent and producer Katie Clancy shares advice on creating the perfect business plan that will help real estate professionals stay on track, motivated and on the path to achieve their goals.
The "Shark Tank" star has received criticism for her seemingly gleeful remarks about terminating employees at the end of the week while making an appearance on "The Diary of a CEO" podcast.
The U.S. Supreme Court justice claimed hundreds of thousands in income from a real estate company that was dissolved in 2006, according to yet another inquiry into Thomas's financial disclosures.
Inman collated 13 proptechs that can help agents be better at the day-to-day, which only leads to a better business in the years to come.
Artificial intelligence tools such as DALL-E 2 and Midjourney are revolutionizing visual content. They also present agents with unprecedented opportunities.
Personal, Business or Creator accounts all have their own pros and cons. Find out which one is right for your real estate marketing.
NAR's Lawrence Yun is among the prominent figures scheduled to speak at a seminar where Momentifi CEO and U.S. presidential candidate Gibran Nicholas will hawk his book.
How much do you spend on tech? Did you build it in-house? Was it expensive? Inman wants to know how industry leaders are navigating the ever-changing technology landscape in 2023.
As real estate professionals, we have the power to put homeownership within reach for more people and create a ripple effect for generations to come.
New Western’s recent survey of their users uncovered seven hidden trends that virtually no one is discussing. Capitalizing on these trends can give you a huge competitive edge in your market.
In a sea of other qualified and experienced agents, standing out and winning business is a constant challenge. While intimidating, this stiff competition presents a great opportunity for agents who are ready to rise to the occasion.
The housing market news is full of headlines about sellers slashing prices and offering concessions. But while buyers certainly have more leverage in the market than they did two years ago, the full picture is less bleak for sellers than it may seem.
BeCorcoran debuted last year at The Breakers in Palm Beach, bringing together hundreds of agents, leaders, and staff from across its owned brokerage and growing affiliate network. The inaugural event was a tremendous success.
Forget bells and whistles. Get back to basics with one of your listing's most important marketing tools — great photography.
A release date has not yet been announced, but Mauricio Umansky said this week on "Good Morning America" that "Buying Beverly Hills" got the green light to return for another season.
The median asking rent in the U.S. fell to its lowest point in 13 months in March as the ongoing real estate slowdown continues hitting the rental market, according to a new report.
More homebuyers are looking at properties on Zillow in Northeast Dallas than in any other neighborhood, garnering an average of 36,113 daily views, according to a new report.
The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel's March 2023 New York City rental report.
Crow Holdings chair Harlan Crow, already under scrutiny for his role as a benefactor to the U.S. Supreme Court Justice, reportedly bought three properties from Thomas, including one where his mother still lives.
Today’s Download starts by focusing on our latest Inman Handbook, all about artificial intelligence. Then we’re pulling the best of our recent coverage surrounding the promised potential that’s offered by next-gen AI-based platforms.
Fathom Holdings will pay at least 8 percent interest on a convertible note company executives say will provide more flexibility as they seek "cash flow profitability" by Q3.
In her first public interview since taking the helm from M. Ryan Gorman in March, Kamini Lane expressed her passion for creating diverse role models in real estate at both the executive and the agent level to shape a more inclusive industry.
Check out who is speaking this year at Inman Connect Las Vegas! Join us Aug. 8-10 for a power-packed line-up of distinguished speakers.
Agents and buyers can work together to search and save relevant homes from their market, and then leverage Modwell’s well-built custom rendering and design services to “imagine” what can be done to the property, inside and out.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
The Download is a weekly review of one essential story from the week's Top 5, along with articles designed to provide the perspective and context you need.
As AI generative applications like ChatGPT become integrated with operations and systems across real estate firms, these tools will help scale bespoke services to clients and prospects in a way that will empower brokers to offer value in an ongoing way versus just helping in the transaction.
The nation's biggest mortgage lender is planning to hire 500 people and is holding a job fair Saturday just days after a Bloomberg News expose of alleged drug use, discrimination and harassment.
Nationwide vacancy in office buildings is at 12.9 percent. Availability of space is at 16.4 percent. Both are record highs, according to a new report from CoStar.
Jerry Grantham, co-founder of the investment firm GMO, said this week he fears another bubble is about to burst, with the crisis that gripped the banking system in March just the beginning.
Find out how this Austin broker took an initial setback and turned it into a thriving brokerage that's focused on motivating the team.
If you want to see your team implode after a few years, focus on filling seats with anyone who can breathe, Jeff Glover writes. Here’s why the agent count model simply doesn’t work for building a profitable team.
Watch as Jimmy Burgess and Beau Blankenship share their sentiments on what is to come this spring, and what that will look like for agents.
By focusing on team development and a team-oriented culture, you can gain a stronger, more experienced team that outsells the competition.
How the real estate agents in your brokerage respond to change is key. Don’t let it run you over. Make it work for you.
Fortunately, you don't have to stay stuck in patterns that are no longer working for you or your brokerage. Here's what you may need to create change.
The brokerage said the employees impacted by the latest round of layoffs were mostly in the real estate support department, but some executive were also let go.
Effective leadership is key to getting things done in both the short and long term. Luxury real estate broker coach Chris Pollinger offers his take on team-building strategies that create peak performance and optimum outcomes.
Once you've found agents you want to partner with, it's time to put forth the effort to keep them around, and that starts with understanding what agents really want. Here are Livian CEO Adam Hergenrother's top five myths surrounding retention in 2023.
We live in an incredible time, where technology and tools provide unique opportunities for us to increase the efficiency of our businesses. If you’re serious about growing your business, the tools and technology mentioned here offer a great way to scale faster.
Software company RentSpree continues making headway into its multiple listing service partnership strategy with its latest union: Austin Board of Realtors and its 20,000+ member MLS, the Austin/Central Texas Realty Information Service (ACTRIS).
New products and agent partnerships could help Better make the transition from a company known primarily for refinancing to a lender that serves homebuyers.
Property Descriptions by Restb.ai leverages three types of AI to create narratives using a number of tonal approaches, including, descriptive, playful, standard, professional and simple — in 50 languages
Homebuyer demand for purchase loans rose 8 percent last week even after adjusting for the expected seasonal boost from the spring homebuying season.
The U.S. Consumer Price Index cooled to 5 percent in March compared to a year ago, but remained elevated overall despite efforts from the Federal Reserve to curb inflation, according to the Bureau of Labor Statistics.
IBuyers like Opendoor and Offerpad once appeared poised to be an essential player in the nation's biggest housing markets. Now, real estate agents say their role has diminished dramatically.
The company's transaction growth in 2022 was second only to eXp's. Here's what's fueling its rapid rise, and what to expect after its "exponential growth phase," according to analyst Mike DelPrete.
Flock, HighNote, Plus Platform, Prisidio, Real Grader, Summer and Tongo are the 11th class to participate in Second Century Ventures' REACH program, according to an announcement Tuesday.
Maybe you've got a collection of tried-and-true responses that you've used over the years, but this week we're asking: What's the one "script" you find yourself using most today?
In the wake of increasing anti-LGBTQ+ legislation in Texas, the LGBTQ+ Real Estate Alliance has called Texas Realtors and TREPAC to evaluate political candidates' credibility.
Joe Gaeta, formerly of Zillow Group, and Kiki Wanshura, formerly of Pacaso, have joined the lake markets-focused brokerage. Heather Glass, who joined the company in 2020 has also been promoted.
Federal antitrust regulators are seeking a preliminary injunction to stop Intercontinental Exchange's planned $11.7 billion acquisition of mortgage tech provider Black Knight from closing on April 28 — before an administrative hearing to determine its legality has even begun.
Many Gen Zers would put their pets' needs ahead of their children's or partners' needs if they were to buy a home, according to a survey from Zillow.
Led by Rusty and Rachel Underwood, the new affiliate known as Christie's International Real Estate Bluegrass will service parts of the state known for bourbon distilleries and thoroughbred racetracks, the company exclusively told Inman.
Upstate Curious includes 15 agents, operates across 11 counties and is known for its successful Instagram presence.
Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5 percent annually, according to a new CoStar analysis.
Markets across the country are now facing a possibility of rent falling year over year amid a negative outlook for apartments and commercial real estate broadly, experts told Inman.
From walk-throughs to pre-move cleanups, American West Realty and Management owner Nathan Gesner shares how landlords and property managers can guarantee damage-free apartments.
Vero, a RentTech company offering a platform for landlords and tenants, closed on a series B round of funding worth $9 million led by Fifth Wall, according to an announcement shared exclusively with Inman.
From helping to launch the Mexican Olympic ski team to fresh insights into his split with Hilton & Hyland, the book is full of interesting anecdotes about Umansky's life paired with the lessons that came out of those experiences.
Join Inman Access and watch as social media strategist Katie Lance explains how to freshen up your feed, increase engagement and reach a wider audience using Instagram's Reels feature.
Although home staging can be a valuable tool in your marketing arsenal, it can’t do everything. Here’s the latest from NAR’s 2023 staging survey.
Want to make sure you’ve got your listing ready to go before launch day? Use this handy checklist to ensure nothing falls through the cracks.
It is no secret that appraisals can make or break deals in the real estate industry. That's why their accuracy matters so much.
Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs.
There are many benefits and risks to consider before listing your property. If you’re on the fence about whether or not to allow pets in your rental units, here are the factors you should consider.
Toronto-based marketing executive Carolyn Merchant is eXp's newest chief marketing officer. Merchant joined the company in January 2022 as the vice president of brand and communications.
ShowingTime+ has again broadened the availability of its agent-focused Listing Media Services in Austin, Philadelphia, Indianapolis, Minneapolis, Las Vegas, Sacramento and Sarasota.
Announced on Monday, the new filter enables users to search for homes within a range of monthly mortgage payment prices that fit their budget, instead of just listing prices.
Fractional and its users find investment properties, create public proposals for like-minded group members and assemble a team of investors to purchase them.
$300 million in seed funding for CalHFA's "Dream For All" program is gone less than two weeks after it launched. The program is expected to help 2,300 first-time homebuyers.
Social media strategist Katie Lance sheds light on the power of Instagram for real estate agents and how to curate the perfect bio to showcase your business and let your profile shine.
Tools such as ChatGPT and Bard are brand new but already revolutionizing online content and the real estate industry. Scroll through Inman's latest handbook to get the lowdown.
Move from surviving to thriving when you track these meaningful metrics and stay on top of the numbers that matter.
According to broker-owner Bonneau Ansley, high-performing pros need to consistently strengthen their mindsets, because the biggest obstacle anyone will face is the one between their ears.
Utilizing power practices and tools derived from the realms of positive psychology, neuroscience, and holistic wellness, you can lay the foundation for a successful career as well as a joyful and meaningful life.
As iconic brokerage Engel & Völkers embarks on an identity refresh, this marketing leader shares her insights on the process, and what others can learn.
The quality of listing images can have a powerful impact on the immediacy and quantity of inquiries — not to mention the value of those initial offers.
Hunter is a valuable solution to stay in front of these contacts, keeping them abreast of the market inventory — agents would never have been able to manage that volume or keep in touch with all of them at once.
Trainer Rachael Hite used the ultimate cheat to update her headshots — AI. 10 pics and a few days yielded 100 results. Here's what she learned and how it could save you money.
Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by the end of the second quarter.
Three years after entering into an agreement with @properties, Nest Realty's partners have regained ownership of the brokerage, which is now fully independent, Inman reports exclusively.
Prior to this expansion, Nest Seekers had European locations across the U.K. and Spain, as well as other international offices in Korea and Mexico. The new offices will be headquartered in Milan and Lisbon.
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data.
New listings plunged 21.8 percent from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
Following a brand "refinement," Engel & Völkers will continue rolling out additional technology updates to better arm agents to serve the clients of tomorrow, all while sticking to its core values, Hitt told Inman.
Fannie Mae and Freddie Mac's federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation's capital July 10-13.
Should you continue marketing your real estate business on Twitter? The algorithm's open-source code reveals that it may not be as useful a platform as it once was, and it could be time for agents to focus their social media marketing elsewhere.
Formations helps real estate agents smartly manage their annual tax commitments and monitor long-term financial performance.
Enes Yilmazer is a content creator and real estate influencer who rose to fame through his real estate channel on YouTube. After posting his first real estate video in 2019, he quickly realized the platform's potential and prioritized it.
The acquisition of Launch Real Estate expands Compass' footprint at a pivotal time for the company and the industry.
Zillow's latest market report reveals Black, Latinx and Asian American Pacific Islander renters spent $15 more per application than their white counterparts. Renters of color also face higher denial rates, with the typical Black and Latinx renter applying five times before being approved.
Someone will have their best year ever in real estate this year. Why can’t it be you? By understanding and acting on these rules of success, your business’s growth is inevitable.
Dive into this three-part series with Katie Lance to boost your Instagram presence and gain takeaways to help you reach new audiences and grow your brand.
REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers.
As a real estate business owner, these agreements can restrict your ability to practice your trade and limit competition in the marketplace.
Want to get all the way back to basics this year? According to team leader Adam Hergenrother, it starts when you channel the energetic you from your first couple of years in real estate.
Expressing the values that guide your organization can feel like a team-building exercise or corporate technicality. In reality, though, it’s central to ensuring that you (and everyone in your business) understand what matters most.
Inman Contributor Rachael Hite wrote "I'm a real estate agent. You can't tell me what to wear on the job" back in February as a response to an agent-broker perspective article. She couldn't have predicted the outsized response that followed.
The key to using AI for real estate is being educated on the dangers of cybercrime and the cyber threats it creates while also protecting clients.
Often, clients’ perceptions are more negative than reality, according to The Agency founder Mauricio Umansky. That means there’s an opportunity for you to be honest and transparent while also quelling their nerves, dispelling misconceptions and advising them on their transaction.
Ultimately, any agent who treats themselves like a business from day one will be able to establish a solid foundation for their real estate career and set themselves up for long-term success in this cutthroat industry.
Providing the highest level of client service means understanding the ins and outs of real estate contracts. Broker Teresa Boardman breaks down the most problematic and error-prone contract elements for you.
Find out how these three agents offer impeccable service and extraordinary results to clients in New York City and Miami.
CEO Chad Jacobson: "Our name no longer ties us to a geographic location, but instead embodies our desire to be the best at what we do."
Ongoing banking instability sparked by the failures of Silicon Valley Bank and Signature Bank may affect the availability of jumbo mortgages.
The settlement with loanDepot founder Anthony Hsieh ends a proxy fight that broke out in February after Hsieh was ousted as loanDepot's executive chairman.
From 2019 to 2023, the number of agents who left a brokerage due to a weak culture doubled to 30 percent, according to a recent Coldwell Banker survey.
Interest rates are to blame as investors who scooped up multifamily buildings throughout the early years of COVID-19 pull back, according to a new report.
The mortgage lender says it remains committed to distributing equity-based bonuses to all eligible employees, including $50M from CEO and founder Vishal Garg's personal equity.
The 91-year-old hot dog stand — once thought to be doomed — will instead move across the street after its building was purchased by a developer Extell Development and founder Gary Barnett.
Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023.
Amenities that appeal to cooking enthusiasts, like steam ovens, pizza ovens or professional-grade appliances, can also add as much as 5.3% more to a home's sale price, a new analysis shows.
The market crunch is on. Find out what the latest numbers tell us about the brokerages that are winning and those that are not.
Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics' K.C. Conway, a seasoned Federal Reserve veteran, told Intel.
How do you help new real estate agents get up-to-speed on the fundamentals and create a foundation for growth?
Objections can throw you for a loop, and there will be a new one every time. There are a variety of ways to respond, but the key is to make your response authentic, incorporating your unique style and voice.
Miami agent and model Kay Jenkins was targeted by the Instagram hacker OBN. She revealed to Inman how she lost $10K in the ordeal, and what other agents can do to prevent a similar attack.
The Residential Real Estate Council removed Pam Ruggeroli from her position for reasons the trade group will not disclose, prompting an outpouring of support for the ousted president.
Many real estate agents have come to fear an appearance on Zillow Gone Wild, a social media juggernaut that has captured the attention of millions of followers who gawk at the baffling architecture, zany landscaping and bizarre decor of Zillow's most uncommon listings. But last week, the platform bestowed California-based real estate agent Sarah Rogers with a truly unusual gift — the rare distinction of listing the "perfect modern" home.
Increasingly, wealthy would-be homebuyers are opting to rent in lieu of homeownership, choosing to cough up top dollar for $69,000-a-night Airbnbs and apartments for north of $100,000. But why?
A signed lease is a binding legal agreement that can’t be broken — except in the few exceptions when it can. Here are some common scenarios to watch for as a landlord or a real estate investor.
Zillow has maintained its agent-lender co-marketing program is RESPA compliant, and admitted no wrongdoing while agreeing to pay $15 million, which was granted preliminary approval Monday
The Consumer Financial Protection Bureau launched an investigation into Rocket's real estate brokerage arm in 2020 on eve of the company's IPO. Three years later, the probe is ongoing.
The average sale price for a home in Manhattan fell 5 percent to $1.95 million while the median sale price fell 10 percent to $1.075 million, according to a quarterly market report by Douglas Elliman and Miller Samuel.
The Sag Harbor Partnership has purchased the "Of Mice and Men" author's part-time abode and will transform it into a space for a writer's residency program led by The University of Texas.
Luxury Presence’s award-winning real estate website designs and expert marketing solutions help real estate agents, teams, and brokerages build their brands and grow their businesses.
The office marks The Agency's second in the state of Virginia and its 80th location across the globe. Alan and Betsy Thompson, managing partners of the Chesapeake location, will also lead the Virginia Beach office.
A number of the marketing features within RentSpree PRO are new, designed to assist agents who may be unfamiliar with the messaging and tactics common to landing renters as clients.
Challenges are opportunities to level up, find efficiencies and creatively problem-solve. Things may get bumpy in the near term, but brokers can help prepare agents for this and any storm that may come their way.
With the stakes higher than ever in Moerhl, the real estate industry is facing significant upheaval in terms of how listing and selling agents are compensated. As both Realtors and homeowners await the outcome, the defendants' next moves — settlement, trial or bankruptcy, may very well reshape the industry’s landscape for many years to come.
Natalie Cariola joins Stake after serving as a C-level executive at Zumper for the past 6 years, the company exclusively told Inman. "I am excited to bring Stake’s win-win solution to communities and renters across the country."
The National Association of Realtors' 2023 Profile of Home Staging reveals a quarter of all staging efforts yield additional profits of up to $18,935 for a median-priced home.
This first wave of expansion will include Florida, Pennsylvania, New Jersey, North Carolina, South Carolina and Connecticut. SERHANT. has also brought on local teams across those states.
The lender's new "BUY+" program provides closing credit of up to $10,000 to homebuyers working with one of more than 20,000 Rocket Homes Partner Agents, it was announced Monday.
After navigating health scares as a child and struggling a bit early in his career, it was The Agency CEO's wife, Kyle Richards, who suggested he get a real estate license, which he says was the "best decision ever."
Coldwell Banker embraces a diverse network of agents and broker-owners. Liz Geringher recently connected with several of them as part of her mission to continue to humbly learn and uplift voices.
As a luxury agent, how can you deliver the personalized service that ensures your clients will never want to work with anyone else? Here are my thoughts.
Ultimately, the best way to get teams over a hump is to build good teams. Valued people bring buy-in to the workplace.
Do we finally have a cure for "a bad case of the Mondays"? Trainer and expert Rachael Hite says that Bare Minimum Mondays just might be one more piece of the puzzle to figuring out work-life balance.
To make their multimillion-dollar properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts.
Released Wednesday, Fortune's "America's Most Innovative Companies" list features four real estate companies. California-based NextHome led the pack with a product innovation score of 257.
Mortgage applications increased 2 percent from a week earlier, marking the fourth week of increases, while purchase applications rose 19 percent from a month earlier, according to data released Friday by Redfin.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
From "NAR is toast" to "don't make any rash decisions," real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday.
Cultivate a culture that respects and promotes your brand while helping agents do the same. DOORA Properties creative director Janet Pozos provides her branding best practices.
By keeping your testimonial review system fast, easy to access and uncomplicated, you can give clients ample opportunities and motivation to participate in sharing their experiences.
Trackxi is an app for managing all the little things that hamper deal progress between signature and closing. It’s not a clinical transaction manager, more of an activity management solution, and it’s very good at it.
The migration trends that drove housing demand during the pandemic are ending. But that doesn't mean people aren't moving, according to an Inman analysis of historic data.
This week, Byron Lazine and Nicole White discuss Homes.com's alleged use of agent names to snag leads, trouble in the commercial real estate industry and the debate around mortgages and affordability.
All real estate agents are not created equal. There are different types of agents just as there are different types of transactions and many different areas of specialization.
The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million.
The concept of ‘home renovation’ is undergoing a transformation right now. Things that used to stop sellers in their tracks — bloated quotes, timelines without deadlines, and blind trust — are things of the past. Curbio is disrupting the industry with transparency, technology, and results. Curbio’s first annual ROI report includes groundbreaking findings that illustrate […]
Pitt began shopping for a buyer at a $40 million asking price in January, according to reports. The home, he purchased from actress Cassandra Peterson "Elvira," was never publicly listed.
How did we get here, and what should we be focusing on as agents? These are the questions Jimmy Burgess posed to Keeping Current Matters' George Ratiu, chief economist, and David Childers, president.
Realtor.com's latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity.
Find out how these Boca Raton natives use social media and the power of networking to create leverage and sell homes.
Watch the new Inman Access classes with Jeff Lobb and Philip Hordijk to learn how and when you should be using ChatGPT and the importance of marketing and finding a niche for your business.
The work doesn't end once you have a lead. Here's how to turn that possibility into profitability with a month-by-month conversion plan.
The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes.
Agents are more open to conversations when the market gets tough because they are looking for solutions that will help them get out of pain and help them thrive for months and years to come.
Make sure you aren’t rushing into growth simply for growth’s sake when building your team, Mauricio Umansky writes. Take your time planning the structure of your company and figuring out what your ideal hire looks like.
A judge on Wednesday granted class certification in a federal commission suit that could rock the real estate industry and impact how agents are compensated nationwide.
The independent brokerage formerly known as LeGrand Real Estate is the luxury brand's first affiliate in Madison, and its third in the state of Wisconsin. It is led by the mother-son team of Melissa LeGrand and Brogan Brunker.
Five title insurance companies have paid $8.25 million in the last 18 months to settle antitrust allegations leveled by New York Attorney General Letitia James.
The luxury brokerage has added offices in Cabo San Lucas, Riviera Maya and Mexico City as demand for real estate in the accessible and affordable country skyrockets.
"Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months," said NAR's Lawrence Yun.
Amid an economic landscape in flux, homebuyers and sellers continue to want expert advice from real estate agents while looking to prepare for the future, and for Gen Z that means finding "green homes," according to RE/MAX.
As ERA Real Estate's Fuel conference unfolds this week, Chris and Wooden, the brokerage's CEO and CMO, revealed how they navigate a slow market and the technology they routinely deploy.
From Rentspree to Better, Intel asked 10 property technology entrepreneurs tough questions on the minds of their colleagues and customers, many of them large, national brokerage brands.
Big brokerages and emerging disruptors alike dipped into savings as revenues declined late last year. Industry analyst Mike DelPrete spoke exclusively to Intel about the options at their disposal.
Demand for purchase loans picks up for the fourth straight week as mortgage rates continue to retreat from 2023 highs, according to the latest Mortgage Bankers Association survey released Wednesday.
This spring won't be easy for homebuyers and their agents, but history is full of examples in which the supply of homes went down, but sales kept chugging along, according to an Inman analysis.
The more a buyer is educated about the ins and outs of a transaction, the more comfortable they'll be with bumps in the road. Luxury agent Cara Ameer offers insights designed to help you keep buyers on track.
Although people have mixed feelings about social media, there's no denying that it's a valuable tool for marketing your business. Find out how agent Nikki Beauchamp puts it to work effectively.
Windermere Chief Economist Matthew Gardner has pulled the latest data on foreclosure starts and looked at the quality of mortgages that have been given to buyers in order to give you a clear idea of how foreclosures will impact the overall housing market.
In this month's agent-broker perspective, what should an agent do when her brokerage's affiliated lender is less than preferable?
The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group's Participation Rule and Clear Cooperation Policy.
The credit card's rewards points are structured to incentivize borrowers to choose Rocket Mortgage when financing their homes.
The awards, called ADDYs, are highly coveted in the advertising and marketing space, and Revive took home a Silver ADDY for its mobile app Revive Home and a Bronze ADDY for its website design and content.
The best way to grow your real estate income is to increase your number of property holdings. But what’s the best way to go about increasing your portfolio, and how do you know if you’re making the right choices?
Private indexes show that rent peaked in early 2022. But the impact of the rapid increase in rent could still show up in inflation readings for months, economists told Inman.
From house hacking to the BRRRR strategy, try these approaches to reach financial independence with real estate. Better yet, combine several of them for even faster results
Baby boomers have long enjoyed advantages over millennials in the home market. Now, they're outnumbering them as well.
ERA Real Estate is kicking off its annual Fuel conference in Las Vegas Tuesday through Thursday. Here are the sessions, speakers and events you can't miss this week.
As you look back at your online and social media platforms, it's time for you to do some bragging: Tell us about your best-performing piece of content.
Nineteen cities out of 20 tracked by the S&P CoreLogic Case-Schiller Index posted monthly declines in January, with the biggest decreases seen in San Francisco, Seattle and San Diego.
Snapdocs research finds often overlooked secondary market efficiencies like reduced funding cycle time account for about 80 percent of savings.
The transaction will have a pre-money enterprise value of approximate $150 million at closing, according to an announcement Tuesday. The deal is expected to close in the third quarter of 2023.
The offices across Toronto West, Fort McMurray and Ontario's York region raise The Agency's number of Canadian offices to 16 and its total number of global locations to 79.
Past periods of high inflation and high rates — be it in 1979, 1980 or 1990 — have caused the housing market to stall. But they also didn't crush it forever, according to an Inman analysis.
Brand consistency becomes brand recognition. Brand recognition converts into trust, and trust equals success.
If you’re having trouble figuring out which scripts work best in various situations, take them for a test drive on ChatGPT, writes trainer and author Bernice Ross. See what it says, and ask it to explain why one script is more effective than the others.
When done well, events offer huge rewards, whether that’s increased brand engagement or more leads coming through your door from referrals made at events themselves.
Houston real estate veteran Haley Garcia has taken her seven-person team to Keller Williams. Garcia was with Compass from 2018 to early 2023 and generated $205.5 million in sales volume during her last two years with the brokerage.
The deal includes the purchase of approximately $72 billion in loans at a discount of about $16.5 billion, along with the transfer of all of the bank's deposits totaling about $56 billion, according to the FDIC.
Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis.
The recent market shift has been a "great equalizer," accentuating the differences among brokerage models and the importance of agent count.
Evocalize describes its product as a "Collaborative Marketing Platform" that allows users to announce their services through an array of campaigns on Google, Facebook and Instagram
In just one week, you can make sure that every platform where you have a profile is fully updated with this handy-dandy checklist.
Brad Inman writes a letter to the real estate industry, published here in full, alongside the publication of Inman's Roadmap to Real Estate's Future that grew out of three days of conversations and insight at Disconnect 2023.
Nominations are now open for the 2023 Inman Innovator Awards. The winners will be honored at Inman Connect Las Vegas, Aug. 8-10, 2023.
There have been several instances within the past few years where the lack of a suitable office space has been the deal breaker for clients. Even if a home checks all the other boxes, office space can often be non-negotiable.
Timely exploration, adoption and smart use of this technology will help real estate professionals do more with less and focus even more on creating an impeccable customer experience.
Fannie Mae economists say jumbo mortgages and construction loans could get more scarce if regional banks tighten lending standards.
Persistent wage disparities and pandemic-induced familial stressors pushed single millennial women out of homeownership with rates dropping near the all-time low of 19.4 percent, according to a new Zillow market analysis.
The search behemoth far and away led market share for search portals, drawing 44 percent of all real estate web traffic, but CoStar's Homes.com leaped by bounds last month, according to an analysis.
This week, Byron Lazine and Nicole White discuss Josh Altman's view of California's proposed mansion tax, the tug-of-war between millennials and boomers, and the pain Zillow's CEO sees on the horizon.
The team closed the priciest sale in Orange County last year with a $55 million property in Crystal Cove and was named the No. 1 large team nationwide in the 2023 Ellie Awards. Terms of the contract were not disclosed.
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
Home365 is a technology-supported full-service property management firm that covers all costs of owning and profiting from real estate.
Never worry or wonder if you remembered to shut the garage door or lock the front door. With a system like Alarm.com, you can check in on a property remotely from anywhere in the world with an internet connection.
If writing a book seems like an impossible task, just know that it’s not. In the final part of this series, we look at how to write, what to write about, and who can help you make it more manageable.
There are 12 brand archetypes based on common themes, personality traits and marketing niches. Not sure what your “type” could be? Take our quiz to find out.
Make your social media efforts count by posting on the right platforms. Not sure which ones to choose? Here's three steps to help you determine which social media platforms are right for you and your business.
Getting featured in the press can be a game changer because, in addition to creating exposure, it also helps you become a recognized authority in your market. Marketing expert Jeremy Knauff provides a step-by-step strategy for connecting with members of the media.
Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including "Jafar" in reference to the "Aladdin" Disney movie, a white colleague claims.
Dating to the late 1700s, the estate known as Kirkwood Farm features five historic farmhouses, two barns and a springhouse.
In its inaugural sustainability report on Wednesday, Redfin shared its efforts to improve housing access, equity and sustainability alongside corporate diversity and inclusion.
Sales of newly built single-family homes rose 1.1 percent in February while the average sale price climbed to just under $500,000, according to data released Thursday by the U.S. Census Bureau.
Learn how these Canadian brokers built their businesses with grit and determination and find out what lessons they're passing on to their agents.
About This Webinar In the face of today’s uncertainty, it’s more important than ever for real estate professionals to ignite, sustain, and nourish a success mindset. But the traditional, linear metrics and production-based KPIs don’t work for everyone. Instead, you can fine-tune your capacity to execute when you focus on a positive psychological approach. But […]
Lean into focused activities, lean into lead generation, lean into holding two appointments a week, lean into purposeful conversations and, of course, lean into the 200 percent life.
This week watch Redfin's Daryl Fairweather discuss the shifting housing market, along with Ryan Serhant's take on tech trends and how to utilize them to amplify your business.
Market yourself when you serve as an ambassador for your community and provide information and expertise to both newcomers and current residents.
The business of your dreams will be the result of the actions you take. Choose to do things today that your future self will thank you for.
It's time to implement superior copywriting techniques in the real estate space to help connect with buyers logically and emotionally.
As agents adjust to changing realities, brokers and team leaders should make it clear that opportunities for growth don’t go away just because the market is in a transition.
In reporting a $9.9 million fourth-quarter loss, Fathom executives said they see a path to profitability without saying exactly when that might happen.
The launch comes seven months after the rental marketplace announced a $30 million funding round to help solidify its space in the short-term rental market and serve all types of renters.
Mortgage rates expected to ease even as Fed vows to continue "quantitative tightening" that's trimming mortgage holdings by $35 billion a month.
The unusually wide "spread" between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down.
Business ethics firm Ethisphere released its 2023 rankings on Tuesday, which honored four real estate brands including Anywhere, CBRE Group, JLL and Thailand-based DTGO.
Fee hikes for new and existing agents are set to begin April 1 and come after a tumultuous 2022, when Real posted significant losses, the brokerage confirmed to Inman.
If you're looking to cut costs while building your business, this list offers plenty of areas to rethink, regroup and reduce spending.
The typical down payment for a homebuyer in the United States fell 10 percent between January 2022 and 2023, to $42,375, according to new data released Wednesday by Redfin.
A contracting market will place pressure on struggling startup entrepreneurs while some broker-owners use the down market as an opportunity to nail down a succession plan, analysts told Intel.
At a time when all eyes are seemingly on the fall of Silicon Valley Bank and Signature Bank, RealPage Chief Economist Jay Parsons is watching the impact of something else.
When it's time to rethink everything about your real estate marketing plan, how do you decide where to start?
On the first day of spring, agents across the U.S. who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner.
TikTok's newest feature allows users to refresh their "For You Page" setting based on their most recent interactions. This ability will allow users to have even more control over what they see and help quality content be seen by more people.
There are so many social media tools that it’s tough to figure out what works and what’s a waste. To cut through the noise, Laura Viñalet put together this list of time-saving social media tools for agents.
Creating an ongoing content marketing plan means making use of ongoing blog posts. Part 3 of this five-part series shares what to write and how to make sure your blog posts matter.
The San Francisco Association of Realtors and Zenlist have partnered to build a mobile listing management app for agent members.
Market center owners Colleen and Bart Basinski claim Keller Williams CEO Gary Keller and others targeted them after they resisted market cap policies and supported ex-CEO John Davis.
Starting April 15, Fannie Mae says more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property.
Real estate brokerage Engel & Völkers is rolling out a significant technology effort for its Americas operation offices and agents with the help of software company Chime, Engel & Völkers exclusively told Inman.
Real estate investors are heading into spring facing the same inventory and interest rate woes that are dampening all of real estate. But sometimes necessity is the mother of invention.
"America’s #1 Money Mentor" and HGTV’s Chris Naugle sits down with Bernice Ross in this video interview to give the inside scoop on the hottest investment strategy for today's market.
Existing-home sales surged 14.5 percent in February, reversing a yearlong trend of falling transactions from one month to the next, according to data released Tuesday by the National Association of Realtors.
Industry groups continue to object to a new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and consumers.
Lenders lost $2,812 per loan as business dropped off faster than they could trim expenses and production costs hit a record-high $12,450 per loan, a Mortgage Bankers Association survey found.
The sudden change in the global banking landscape has left luxury real estate clients hanging out "in the parking lot," Kofi Nartey said, as they wait to see where the remaining chips will fall.
Sharing the latest funny photo is an almost irresistible impulse. However, if it crosses the line into marketing, you could be setting yourself up for financial consequences.
Zillow — which held $3.4 billion in cash and investments at the end of 2022 — is well prepared to weather any storm, including the banking fallout, Barton said in a new interview on Thursday.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for March 10-16, 2023.
Marketing that repulses the intended audience is much worse than marketing with no redeeming qualities, writes Laura Viñalet. Your marketing should be strategic, purposeful and professional. Here are seven major marketing turnoffs that you should avoid.
Are you a real estate know-it-all? Just a big trivia buff? Take Inman's real estate marketing quiz. Test your knowledge to see if you're on the right track or if you need to study up.
Executives with the Canadian real estate tech company said its U.S. expansion plan and ambitious goals to grow its appraisal and title insurance market share are still in place.
Beagel aims to be a deeply integrated software partner leading with an in-browser open offer solution that allows buyers to bid on homes and agents to manage the process
This week, Byron Lazine and Nicole White discuss Brad Inman's view on the Silicon Valley Bank collapse, Plunk's impact on the real estate industry and Elon Musk's future Texas fiefdom.
It’s not always possible to predict how the world — and therefore the market — will shift. What we can do is teach new agents how to navigate the changing tides.
The days are getting longer, and many of us are looking forward to spending more time outside. Here are five favorite smart outdoor updates.
The San Francisco-based cloud banking software provider has trimmed the company's payroll by 1,100 employees and cut annual expenses by $72 million.
Coldwell Banker agents subjected prospective homebuyers of color to different requirements than white homebuyers, according to the Office of the New York State Attorney General.
Could a contagion hit real estate? Not now, Inman founder Brad Inman writes. But cavalier lending, greed and bad actors can all wreak havoc on the housing market.
Redfin Premier, which matches luxury homebuyers and sellers with a Redfin Premier agent and marketing tools specific to the luxury brand, is launching in every market the brokerage operates.
Apartment building construction soared 24 percent in February, lifting new housing starts overall despite a weak month for single-family builds, according to data released Thursday by the U.S. Census Bureau.
Find out how this luxury broker made the move from banking to stay-at-home mom to real estate (Hint: It started with an open house).
The current real estate market separates the best from the rest. Jimmy Burgess shares how to avoid the biggest mistakes agents are making right now.
The newest Inman Access classes are live! Watch experts discuss the latest iBuying trends, mastering branding and positioning, and tactics to secure listings in a competitive market.
Have we reached the point of no return when it comes to affordable housing? Dr. Lee Davenport and her guest, Georgia State University's Dr. Dan Immergluck, discuss the peril and possibilities.
Good leadership is often the difference between a thriving business and a failing one. A great leader cares about their people and prioritizes their needs to ensure a happy and productive work environment.
The announcement follows the resignations of former Long & Foster Companies President and CEO Jeff Detwiler and former Long & Foster Real Estate President Boomer Foster, which were made public at the beginning of this week.
The struggling mortgage lender assures investors that it has moved $225 million in cash that it held at Signature Bridge Bank to another institution.
The firms said they would expand into Houston, Phoenix and Dallas. The expansion follows the group’s February announcement that they would offer their joint service in Atlanta and Raleigh.
Zillow said its partnership with Engrain will give renters the ability to see what floor their potential dwelling is on, as well as the view outside and within the building.
After several years of bidding wars and waived contingencies, the scales are starting to tip in homebuyers' favor, according to Redfin's latest market report published on Wednesday. During the three months ending Feb. 28, 45.5 percent of homesellers offered to cover repairs, closing costs and mortgage rate buy-downs alongside other concessions. That's a 14.4 percent increase from last year and the highest concession rate since June 2020.
Walk through how to use the free app to build instant and accurate home improvement estimates, get the expected return on investment, and swiftly price out home inspection reports
Topics across Engel & Völkers' two-day EVX conference included international markets, increasing leads and listings, social media strategies, brand credibility and much more.
Within six weeks, the companies exceeded their adoption target, largely as a result of an internal marketing campaign whereby agents who were early adopters of the program made recommendations to other agents based on experience, BHS exclusively told Inman.
The team at Kaplan will walk us through an insightful look at the educational needs and mindset shift required for 2023 success. Get a look at the new players in the market. See how the post-pandemic market and shifting economic outlook will affect who you are going to be. What are the attributes of the […]
ChatGPT can be a useful tool, but it spits out a lot of bad advice, writes Bernice Ross. In Part Two of the series, find out what seller information the AI gets wrong.
Builder confidence rose 2 points in the latest National Association of Home Builders' Housing Market Index, but economists fear lending challenges in the wake of bank failures this month.
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come.
Coldwell Banker Chief Operating Officer Liz Gehringer told Inman a diversity push is helping grow the company even in a slower market. She also touted the return of international buyers as the pandemic winds down.
From outdated designs to lackluster content, these errors can significantly impact your business. But with some insight on how bad each mistake really is, you can avoid the worst ones and create a website that's an asset for your business.
Leadership is not an inherent quality; it can be learned and constantly improved, according to PLACE's Ben Kinney and Brian Gubernick. Team leader Carl Medford outlines the eight qualities they've identified as leadership game-changers.
As Marketing and Branding Month keeps on truckin', we want you to weigh in on the biggest marketing mistake agents make.
AI is useful, but it's far from perfect. Here are five common questions buyer clients ask agents, incorrect responses from ChatGPT, plus the correct response agents should use to avoid litigation.
Want to take your client relationships to the next level and have some fun while doing it? Trainer Darryl Davis suggests client appreciation parties — with a twist.
In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors' pocket listing policy.
Addressable is partnering with Open AI’s ChatGPT software to make it even easier for agents to execute personalized marketing efforts. The product is called SmartCopy.
The acquisition of Colorado-based Cherry Creek Mortgage expands Guild's retail branch network by 68 offices in 45 states.
EXp Canada has appointed veteran real estate agents John Tsai, Nadia Habib and Nathalie Goodyer to three C-suite positions, according to the company. Tsai joined the brokerage in 2017.
The number of U.S. cities where the typical home value was $1 million or more has dropped from a high of 522 in July 2022 to 464 as of January 2023.
While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday.
U.S. District Judge Reed O'Connor on Monday granted a motion to compel arbitration in Davis’s case filed in February by Keller Williams, Gary Keller and former KW President Josh Team.
A short-term fix by the federal government helped thousands of property managers keep the lights on after the collapse of Signature and Silicon Valley Bank. But lending will be tougher now, experts told Inman.
Unlike most other types of investments, it turns out that "infinite returns" are possible in real estate investing. Here's how it's done.
SkySlope’s workflow benefits will enhance rental application and tenant screening actions, tools that help smooth out friction-prone, manual processes, RentSpree executives said Tuesday.
Investing in rental properties is one of the most dependable methods of building wealth. You give yourself the best chance of success when you know exactly what you’re getting into.
Want to do more than write a sonnet with the latest AI tools? Here’s how to put them to work on your content, and the platforms you need now.
Engel & Völkers' luxury agents poured into Miami this week for the company's 10th annual conference, where Americas CEO Anthony Hitt revealed the brokerage's "Refined" brand refresh.
Transaction sides fell 18.2 percent year over year for a total of $472.9 billion in sales in 2022, a 12.5 percent decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage.
Bank failures and a slowdown in wage growth have forecasters thinking the Fed will back off from an aggressive rate hike campaign next week.
The deal marks a new record price for the market of Palm Beach where the priciest deal previously went to hedge funder Ken Griffin's purchase of four parcels for $129.6 million in 2013.
Signature was the largest commercial real estate lender in New York City by transaction volume and third-largest by volume since January 2020, according to PincusCo, which tracks real estate transactions.
The eight-person team, established by agent Elaine Bannigan, will now work out of Douglas Elliman's new office in Wellesley, Massachusetts, the company exclusively told Inman.
Silicon Valley Bank, which federal regulators took control of Friday following a run on the bank, understood the digital age, supported entrepreneurs and understood our needs, writes Inman founder Brad Inman.
The meltdown of Silicon Valley Bank has sent shockwaves through the proptech industry. Here’s how to keep it from poisoning the well during the spring market.
This week, hosts Byron Lazine and Nicole White are talking about the luxury market, seller's biggest regrets and the importance of technology for agents this year.
Leaders and agents who took Inman's first Intel leadership survey said inventory is among their biggest challenges right now — but growing in 2023 isn't out of the question.
If your website is looking more Myspace than TikTok, it's probably time for a refresh. Here's how to get it done quickly, no matter what your budget looks like.
How can you write the most effective call to action, the one that will convert more lookers into leads? Author and coach Darryl Davis offers 10 tips for writing CTAs that’ll get consumers to take action.
Is automating responses the best tactic in an industry that typically requires a deep level of personalization? In this episode, we will take a deeper dive into the benefits of these tools for entrepreneurs and the pitfalls of relying too heavily on technology.
There are multiple paths agents pursue to grow their business, with no shortage of online resources available. Agents can also get training from their brokerages and insights from colleagues. No development opportunity should be ignored when growing a business.
Our successful owners routinely gather to share winning business strategies, discuss joint business ventures, and help make each other even stronger, displaying an unbeatable combination of know-how and camaraderie.
Luxury buyers place a high value on acquiring the world’s most iconic brands, so it’s only natural they would appreciate an acclaimed name when making their next great real estate purchase.
The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers.
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for March 3-9, 2023.
The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up 29 percent from last year.
Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say.
The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics.
Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales volume.
Coldwell Banker Seacoast Advantage allegedly pocketed commission fees it told its agents were going to the franchisor. The brokerage says the allegations are "a complete fabrication."
Symba is fintech-light layered over a deal tracker, spliced with back-office accounting. It’s a superb tool for anyone new or growing in the business and a solid accessory solution for those already comfortable managing their numbers.
Color can make a difference in everything from how you feel to how you’re perceived. Find out how to use it more effectively in your branding and marketing.
The company logged revenue of $207.3 million in the fourth quarter of 2022 compared to $334.2 million a year earlier, according to an call Friday morning to discuss Q4 and 2022 earnings.
People will remember your profile sometimes more often than they will remember your name if you do it right. Marketing expert Michelle Berman shows us how color can impact your brand and your audience engagement.
After being ousted as executive chair, Hsieh says he controls enough voting shares to install veteran real estate executive Steve Ozonian on the mortgage lender's board of directors.
The new franchises add to the brand's presence across the globe in more than 400 offices in 49 states, Washington D.C., Puerto Rico, Canada and several other countries.
Watch the new Inman Access class featuring Michelle Berman, CEO of Berman Media PD, as she walks through best practices and pitfalls to avoid when using ChatGPT to generate social media content.
Paul Austin and wife Tenisha Tate-Austin sued appraiser Janette Miller in 2021 after a lowball quote prompted the couple to pose a white friend as the homeowner for a second appraisal.
Jimmy Burgess sits down with Noah Escobar, a 22-year-old real estate agent with Berkshire Hathaway HomeServices Beach Properties of Florida closed and contracted over $16 million in sales volume in his first full calendar year as an agent.
Compass is not alone in needing to cut costs during a significant market downturn — and its future depends on it.
The partnership will allow agents at more than 800 brokerages access to post-close software, providing new owners the ability to monitor the financial and operational state of their home.
Tune in to hear experts discuss the merging of AI and social media, hiring mistakes to avoid, and how agents can nurture their databases.
Jennifer Wauhob, who leads a 7-agent team for Better Homes and Gardens Real Estate Gary Greene in Houston, will take up the role of VP of association affairs following the death of Margo Wheeler earlier this year.
Growth is great, but a business is only as strong as its foundation. As you scale up, continue to prioritize the things that matter most — your clients, your team and your brand.
Learn how this Charleston, South Carolina, broker puts his own unique stamp on family tradition at William Means Real Estate.
Focus on creating high-quality pieces that resonate with your target audience and meet their evolving needs. With the right approach, you can stay ahead of the curve in the age of AI-powered search engines.
In this shifting market, agents will have to do more to achieve the same results they were getting before, writes Adam Hergenrother. Here, he breaks down Gary Keller’s formula for doing more and how you can take action to do more and achieve more this year.
The beleaguered mortgage lender racks up a $610.4 million 2022 net loss despite cutting 6,100 jobs as rising mortgage rates cut into the company's lucrative refinancing business.
The agents join Compass from Berkshire Hathaway HomeServices and boast at least 25 years of experience in the industry, Compass exclusively told Inman.
Futures markets are taking the Fed chair at his word that policymakers may have to hike rates faster and take them higher to combat inflation
Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey said they investigated rental data firm RealPage and call for more scrutiny of the company’s role in nationwide rent growth.
The CFPB alleges mortgage servicers charged excessive late fees, assessed "fake" private mortgage insurance premiums and made homeowners pay for unnecessary inspections.
Preliminary injunction in Massachusetts says "homeowner benefit agreements" are actually high-interest mortgage loans and can no longer be offered or enforced until case is resolved.
In remarks at Morgan Stanley's Technology, Media and Telcom Conference Tuesday, CEO Robert Thomson said growing Realtor.com after its sale to CoStar fell through is a "personal priority."
Zillow's Listing Media Services product is now available in Houston, Jacksonville, San Diego, Phoenix, Chicago and San Francisco, the search portal announced Wednesday.
Inman's first-ever Intel leadership survey revealed that leaders think the market will be worse in 2023 compared to 2022 — but they also expect to thrive regardless of the economic headwinds.
The CEO of construction tech startup Welcome Homes thinks builders will have to take risks to prevent a massive affordability crisis, the likes of which haven't been seen since the early 1980s.
Fannie Mae's National Housing Survey shows Americans are feeling less secure about keeping their jobs, and nearly 8 in 10 think it's a bad time to buy a home.
As marketing budgets shrink, we want to know how you're maximizing the power of your past clients and sphere of influence.
Inman’s Marketing All-Stars is a nod to the most effective, creative and boundary-pushing marketing professionals in the real estate community.
Trainer and marketing expert Rachael Hite says you don't have to dance on social media to create short-form content. Here are five ideas that are friendly and feasible for introverted personalities who want to make content that feels more authentic to their brand story.
In this bootstrap economy, knowing how to capture professional pictures and videos of your listings could save you thousands in marketing expenses. Marketing expert Latham Jenkins shares his pro tips for using your iPhone to capture stunning, high-quality footage.
While many agents fear the replacement potential of AI, it may end up allowing the industry to continue working if the worst happens.
It can be challenging to discern meaningful data from the rest. Still, it's vital to grow your social media efforts effectively. You want to avoid what's called "vanity metrics" and measure the metrics that mean something.
Properties must be eligible for an appraisal waiver, and like Better's "One Day Mortgage," some fine print can stand in the way of getting a loan approved in 24 hours.
Venture MLS announced the placement of David Anderson, previously with Lone Wolf Technologies, to which he sold his real estate CRM in 2021.
A Deal with Constellation Software Inc. hinges on ICE closing the deal to acquire Black Knight, now valued at $11.7 billion. ICE says it's prepared to fight FTC in court.
Former WeWork CEO Adam Neumann is getting into rentals and property management with his latest effort, Flow. But these renter-reward companies are already flooding the rental sector.
Annual home price growth dropped to 5.5 percent in the first month of 2023, but fell just 0.2 percent month over month, according to data released Tuesday as part of the CoreLogic Home Price Index.
The U.S. notched 14 spots among 20 global cities in a new analysis of homeowners with a net worth of at least $30 million. New York City clinched the top spot on a list compiled by REALM and WealthX.
Targeting the right audience is a critical factor in real estate marketing success. Here's how to crunch the numbers and make sure you're as effective as possible.
A great real estate brand coupled with outstanding customer service is a winning formula for attracting more clients and closing more deals. If it's time to upgrade your branding, Bernice Ross has the insights you need.
Mortgage veteran Kurt Johnson, who held executive roles at Indymac Bank and OneWest Bank before joining Mr. Cooper in 2015, succeeds Jaime Gow as CFO, it was announced this week.
Multifamily real estate isn’t for introverts. But the right personality, one eager to connect with others, can make it a rewarding career.
Inman's inaugural Influencer ran from real estate as a kid because it was all her family talked about. But with four TV shows, a podcast and a team under her belt, she lives and breathes it in 2023.
Gerard Splendore's series on kitchen and bath design concludes with a look at smart home solutions and the future of residential spaces.
It's one of the most popular questions you'll hear, especially from first-time homebuyers. Find out how to answer it expertly.
Healthy competition should be the foundation upon which we strive to provide our clients with the highest level of customer service and care. Team leader Carl Medford outlines the difference between healthy and toxic ways of engaging.
EXp World Holdings has tapped veteran professional development leader and strategist Amy Somerville to lead SUCCESS Enterprises, according to an announcement on Monday. As CEO, Somerville will oversee SUCCESS Enterprises' flagship print magazine SUCCESS and companion digital media properties.
Black Knight data shows new listing volume is down 25 percent in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown.
Presale renovation company Revive and real estate company NextHome have fastened together a partnership to provide homesellers access to a solution for facilitating efficient, technology-supported interior updates.
According to a new report, renters are searching for pet-friendly homes and Austin, Dallas and Fort Worth, Texas, are the pet-friendliest cities in the U.S.
Amazon is expected to complete the first phase of its Virginia headquarters in June, but it's pausing construction on the larger phase of the project across the street.
There’s never been a better time to switch up your marketing and branding. Take this seven-day challenge to put your best face (and bio) forward.
The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power.
This week, hosts Byron Lazine and Nicole White are talking about the rise of lawsuits, how great agents build relationships and the rollout of NAR’s new ad campaign.
The firm, previously known as Immobiliare Magri, will officially launch as Corcoran Magri Properties sometime in the next several weeks led by Maddalena Magri, the brokerage exclusively told Inman.
Far from a temporary, pandemic-era adaptation, multi-generational households are more popular than ever. Find out what NAR’s recent study reflects and how you can be sensitive to the needs all of your buyers.
Bedrooms that promise great comfort and sanctuary can generate a visceral response. Well-designed bedrooms can inspire a heartfelt reaction that buyers won’t be able to ignore.
It's the highest price yet for the former Ramsey home, which hasn't sold in nearly 20 years despite several attempts in the $2 million range.
Companies said that instead of laying off workers, they're trimming their payrolls through attrition or by offering voluntary buyouts.
The two-day Christie's International Real Estate conference in the Cayman Islands drew broker-owners — including Aaron Kirman in his debut at the event — from four continents and around two dozen U.S. states.
If you want to keep your pipeline full, you can't slack off on marketing. Take this quiz to find out if you're doing everything you can (and should) be doing now.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Feb. 24 - March 2, 2023.
The median U.S. home sale price declined marginally between February 2022 and 2023, clocking in at $350,426, according to new data released Thursday.
On the heels of RE/MAX's 50th anniversary and R4 conference, RE/MAX CEO Nick Bailey shared with Inman a sneak-peek into the franchisor's tech and growth strategy for 2023.
Designer César Giraldo believes the decision to conjure a custom branded fragrance for a single homeowner at 1859 Bel Air Road will pay off by bridging marketing, design and emotional appeal.
The National Association of Realtors said increasing the nation's inventory is one solution to address homeownership gap. The trade group is eying 3 million net new Black homeowners by 2030.
The Ohio bank's $9 million pledge to promote ownership in Black and Hispanic neighborhoods is the sixth since the DOJ launched an initiative to combat redlining in October 2021, with lawsuits generating $84 million in relief to date.
The optimal retirement planning strategy may differ depending on the stage of the agent's career. According to CFP Jordan Curnutt, agents must be fully aware of the options available to ensure they are using the best plan to make the biggest impact on their financial future.
To help you avoid mistakes that will hamper your growth and damage your online presence, social media expert Katie Lance lays out the most common marketing myths and why they’re wrong.
There are four stages in the listing process that offer unique opportunities to market both the listing and yourself, Jimmy Burgess writes. Here are 23 ways to turn your latest listing into multiple deals.
While gathering leads is certainly the goal, the best ones will come to those agents who leverage Real's connectivity to each other, and who remain active in curating relevant market content.
The digital homebuying solution that heavily leverages detailed online search and buyer due diligence before engaging its salaried agents now operates in Miami, Fort Lauderdale, Boca Raton and West Palm Beach.
Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics.
Legislation expected to go into effect April 1 addresses allegedly deceptive tactics employed by MV Realty and was based on a model bill drafted by American Land Title Association.
Real estate firms that work with foreign buyers have seen an uptick in business from outside the U.S., "The Wall Street Journal" reports.
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time.
RE/MAX hosted its latest annual R4 conference in Las Vegas this week. Here are the top tips to create an "unstoppable" business straight from RE/MAX execs, trainers and top producers.
More ultra-prime real estate transactions took place in New York in 2022 than anywhere else in the world, according to the 17th annual Wealth Report released Wednesday by Douglas Elliman.
In this Inman Access class, Marc King of Keller Williams discusses key financial principles real estate professionals should implement to reach their goals and build wealth in their businesses.
Help your favorite non-profit unlock charitable gifts of real estate while you earn a full commission as well. Trainer and author Bernice Ross talks to Cami Baker about this little-understood marketing strategy.
REWpert will allow customers to do more than craft listing descriptions. The company said REWpert will exercise more of what ChatGPT-maker Open AI intended its tool to do.
Join Inman Access to hear Spencer Rascoff, Marc King and others break down investment opportunities, business planning and more.
Learn how this NYC broker leverages a wide-ranging background and award-winning marketing expertise to build an exceptional professional profile.
Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves.
According to industry expert Mike DelPrete, a multitude of factors need to go right for Zillow Home Loans to meet its revenue goals and compete with traditional mortgage products.
Under the Clear Cooperation Policy, a listing can be “withheld” from the MLS and become an “office-exclusive” listing. Broker Teresa Boardman questions the wisdom of this exception.
With their moves to eXp, the two teams have decided to merge under the Tampa Bay Home Team banner and will also strategically collaborate with the Kendall Bonner Team across the greater Tampa market.
RentSpree's Real Estate Network of Empowered Women initiative will support, connect and empower women in all aspects of real estate.
The new partnership will see Howard Hanna further extend its reach into New York. Meanwhile, Coach will rebrand to include the Howard Hanna name.
RE/MAX founder Dave Liniger and CEO Nick Bailey cemented the Denver-based franchisor's 2023 R4 conference with personal keynotes reflecting on RE/MAX's past and hopes for its future.
Eighty-four percent of recent first-time homesellers over the past two years believe they could have sold their homes for a higher price if they had made better decisions.
After three straight weeks of declines in mortgage applications, demand for purchase loans remains at the lowest level since 1995 for the second week in a row.
Migratory waves over the past three years due to the pandemic have caused homeownership tenure to decline modestly, but an uptick is expected thanks to a rise in mortgage rates, Redfin data shows.
After a nine-month stint with Real, the Orlando-based Ken Pozek Group has returned to Keller Williams. The 21-agent team closed $322 million in sales in 2021 and 2022.
CEO Mat Ishbia says aggressive "Game On" pricing is still in place, but acknowledges wholesaler is seeking to boost profit margins in 2023.
As companies report their Q4 and full-year earnings, industry-watchers read the tea leaves for indications of what’s working now — and what’s likely to happen next.
Tech tools, such as social listening and customer relationship management software, allow agents to use data in real time to make informed decisions about both marketing and sales of properties.
When it comes to effectively marketing one's personal brand, there are a number tools and tactics that might cost time, money, energy or repeat business, and therefore, it's imperative to parse through what's worth the investment and what's not.
Whether you're looking to quickly make easy graphics or informative and engaging content, these free tools offer a wide range of features to help you elevate your social media presence.
It's not enough to maintain the status quo, Douglas Elliman's Peter Hannis Hernandez writes. Making your mark as a leader involves a growth mindset and a focus on the bottom line.
Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers.
With billions saved — and lost — Opendoor is living by the creed "go big or go home." Yet even after a dreary Q4, the iBuyer persists, which may be the biggest takeaway, Mike DelPrete writes exclusively for Intel.
Real estate decision-makers gathered in Palm Springs to plot the future of the industry at Inman Disconnect. It's a tall task, several leaders proclaimed, including Vanessa Bergmark of Red Oak.
If you're trimming the fat in your budget, we want to know: Where are you cutting back on your marketing spend?
Think DIY is just for newbies to the real estate industry? Find out how you can bootstrap aspects of your business at any point — and how to decide which skills you bring to the table.
CEO Robert Reffkin floated the idea of a franchise brand during an earnings call Tuesday, describing it as a "more profitable" method of growing the business.
Rocket reported a $493 million fourth-quarter net loss even after slashing expenses by $202 million from the third quarter as revenue fell 81 percent from a year ago to $481 million. Rocket executives say they're focused on growing the company's share of the purchase loan market through partnerships with agents.
EXp World Holdings' revenue increased 13 percent to $933 million in Q4 2022 as closed transaction sides and volume fell by 13 percent and 16 percent, respectively, according to an earnings call Tuesday afternoon.
In a Q4 earnings report Tuesday, Compass announced that between October and December of last year, it brought in $1.11 billion in revenue, down from $1.6 billion during the same period in 2021.
The company's $17.6 million in fourth-quarter net earnings represented a 71 percent decline from a year ago. Black Knight books $452.5 million in 2022 profits, up 118 percent from 2021 with revenue climbing 5 percent to $1.55 billion.
In the first event of Fordham Real Estate Institute’s new series, Bess Freedman, CEO of Brown Harris Stevens, sat down with her mentor Barbara Corcoran for the kickoff of the school’s "Titan Talks."
When working with buyers, take that conversation one step further, and share what you know about the different investment opportunities in real estate.
RESO CEO Sam DeBord asks the latest in artificial intelligence, OpenAI’s ChatGPT, what it thinks about compensation in the MLS. Here’s what you should know.
Through Better's Equity Unlocker program, borrowers pay a higher interest rate and Better can seize pledged shares if homeowners default or try to sell their stock before paying off their mortgages.
New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That's up from about 11 percent in 2001.
A bill moving swiftly through Utah's Legislature would prevent cities and counties in the state from placing restrictions on co-owned homes. The reversal is a big win for Pacaso and its rivals.
The state's priciest-ever deal sold for $28.1 million in Scottsdale in June 2022, but with the lure of features like a metaverse room, a spa that generates snow and a lazy river, developers in Paradise Valley think they can get $75 million for an estate that's still in progress.
Analysts gave Zillow an "overweight" rating, which means they expect Zillow to outperform peer companies. The report also sets Zillow's share price target at $48 by December of this year.
With the new location in Outaouais, the luxury brokerage continues to strengthen its reach across Canada. This marks The Agency's 13th office located throughout the provinces of Quebec, Ontario, Alberta and British Columbia.
Agents shared the biggest "green flags" they find in good leaders and skills associated with emotional intelligence dominated responses. When leaders exhibit these qualities, team members are more likely to feel engaged, motivated and valued, leading to better overall team performance and satisfaction.
Home price growth fell 5.8 percent annually in December, down from a 7.6 percent gain a month earlier, the latest S&P CoreLogic Case-Shiller Index shows. The FHFA also recorded a chill in appreciation.
Former Keller Williams CEO John Davis says he wants his claims decided through a public trial rather than arbitration. KW says Davis's claims are "unsubstantiated, unwarranted, and disparaging."
Industry solutions provider of more than 50 years, Rappatoni will leverage the full brunt of Restb.ai's unique image intelligence capabilities.
The Inman founder kicked off Disconnect in Palm Springs, California, on Monday by calling on real estate leaders to deliver a path forward through the rough patches ahead.
As "motivator and chief encourager" of Berkshire Hathaway HomeServices, Budnick said she's bullish about the upcoming year. Agents who get down to business will thrive, she added.
In a market where listings are still scarce, a mid-career agent is having difficulties. What can the broker do for an agent in this position, who is completely strapped for cash?
Having tough conversations about real estate can be difficult when the news isn’t ideal — but remember that your clients are asking you because they trust you and your expertise. By being prepared for these conversations, you are serving them when they need you most.
New API integration allows lenders to generate tailored marketing materials that include rate, monthly payment and APR based on unique borrower details.
The Federal Trade Commission is not convinced that Black Knight's plans to spin off its Empower loan origination system allays antitrust concerns, "Politico" reports.
Between February 2020 and January 2023, Black homeowners saw their homes' values increase by 42.5 percent compared to 38.5 percent for U.S. home values overall.
Following lawsuits in Pennsylvania, Massachusetts, Florida and Ohio, the brokerage is redrafting 40-year contracts that offer homeowners cash in exchange for exclusive rights to list their home.
The news follows Bonner's recent decision just days earlier to merge the roughly 40-person RE/MAX Capital Realty, of which she was formerly broker-owner, with RE/MAX Alliance Group.
The new firm, co-owned and operated by Tim Ross and Joyce Wright Funk, is based in the Hanalei district. Wright Funk's appointment marks the first time a BHGRE affiliate has had a Black female owner.
By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship.
The latest report from the Real Estate Board of New York finds Class A office buildings have higher occupancy rates.
The Pending Home Sales Index jumped 8.1 percent to a reading of 82.5 in January, before mortgage rates began another climb, according to data released Monday by the National Association of Realtors.
RE/MAX is hosting its annual R4 conference in Las Vegas Sunday through Wednesday. Here are the sessions, speakers and events — including a performance from Maroon 5 — you can't miss.
What's it like to lead during the largest housing market correction since the Great Recession? Inman wants to know what leaders, executives and entrepreneurs are doing to stay afloat.
This week, Byron Lazine and Nicole White discuss the latest from Gary Keller, Grant Cardone's market predictions and little things that undermine real estate businesses.
Knowing these trends and being able to discuss them with buyers and sellers will give Realtors a distinct advantage. Suggesting modern features to sellers to add to their homes before listing existing properties will also give agents additional power.
In today’s global business landscape, taking the right name in real estate — and all that comes with it — can make all the competitive difference.
Taking an analog approach is a powerful way to focus the mind, reconnect with the body and devote full attention to the details of a particular client or task. For many, it also fuels creativity and helps them process and retain more information.
What does it take to be an independent real estate broker, and is it right for you? Explore the challenges and opportunities you’ll encounter when you go indie.
Whether you are a real estate enthusiast, an aspiring homeowner or simply in the mood for some home design inspiration, these YouTube channels are sure to keep you entertained and informed.
The bank says it has racked up $353 million in severance expenses as it closes branches and pursues a "more focused home lending business."
The branding campaign intends to provide RE/MAX's wide network with a fresh, new look. It will gradually roll out through 2023, according to the company.
The real estate brokerage CEO and his wife, Core Chief Operating Officer Brittley Wise, have bought a former working farm that dates back to 1893 for $3.1 million, according to reports
Murdoch, the News Corp founder and business magnate, has signed a contract to buy the entire 27th floor of the Hampshire House in Manhattan. It's only his latest purchase in recent years.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Feb. 17-23, 2023.
A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau.
No matter what the market's doing, the way you show up is the biggest factor in determining your outcomes. Jimmy Burgess talks with Gino Blefari, CEO, HomeServices of America and Chairman, Berkshire Hathaway HomeServices, about where we've been, where we are and where we're going next as individuals and as an industry.
Major industry players discuss what the landscape of technology might look like in 2023, and where agents should focus their efforts.
The update also includes what the real estate search app calls a "home-centric machine learning media classifier," or an algorithm that improves its content recommendations with each use.
The campaign's core message this year is "here for it all" with the aim of showing how the nation's more than 1.5 million Realtors work to make the dream of property ownership a reality.
Jessica Peters of Douglas Elliman gives the inside scoop on new development in today's market in the new Inman Access class.
OJO founder and CEO John Berkowitz shares what a Chinese translation of "crisis" means for his company and what impact artificial intelligence might have on real estate.
RealCheeky isn’t necessarily a daily login. It’s a service provider that uses technology to deliver its transaction coordination service product after all pertinent paperwork is submitted.
ChatGPT is poised to become a truly disruptive technology — if you know how to use it. As she wraps up this three-part series, Bernice Ross talks with Jeff Lobb about specific content marketing use cases for ChatGPT.
Unchecked and unregulated AI has the potential to blur the lines of authorship and ownership, at the very least. Perhaps the less obvious reason to proceed with caution is ownership of your voice and not abdicating your unique expertise and value to a bot.
Trying to figure out how to use AI without creating generic-sounding content? Social media expert Michelle Berman-Mikel shares three ways that you can use ChatGPT for Instagram without automating yourself out of personal connections.
Cuts are expected to save borrowers $678 million a year but don't apply to existing loans or release homeowners who have built up equity from "life-of-loan" requirements.
The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That's better than the previous quarter, but a big jump from the same period in 2021.
The company attributes the success to "consistent coaching and humanizing of the chatbot," which in the past year increased daily messages by 322 percent and daily lead responses by over 108 percent.
The deal brings RE/MAX Capital Realty under the operations of the RE/MAX Alliance Group, growing the combined companies' forces into a total of about 400 agents and staff.
Revenue declined 33 percent in the fourth quarter of 2022 — and 13 percent year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment.
Ohio is the latest state to file suit against MV Realty for deceptive practices following probes by regulators over its "homeowner benefit agreements" in Florida, Pennsylvania and Massachusetts.
According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events.
Find out how these attorneys, brokers and friends put their legal and financial expertise to work to create exceptional outcomes.
ChatGPT is only a sliver of what’s already available in the AI space. Bernice Ross talks to team leader Kendall Bonner and offers a roundup of some of the hottest applications you’ll want to add to your AI toolbox.
Watch this week's three new expert-led classes featuring top tips for agents, and what you should know about the latest tech trends
LAH Real Estate Inc. was originally founded in 1992. The new affiliate brings its four offices to Sotheby's, ticking the brand's total office count in Alabama up to seven.
Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1 million fourth-quarter loss, according to an earnings call for the iBuyer on Wednesday.
The three-person Nielsen Group brings a collective 25 years of industry experience and an average annual sales volume of over $50 million to Engel & Völkers.
In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 — the largest six-month drop since the Great Recession.
Matterport earned $136.1 million in 2022, which wasn't enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to the company's latest earnings release on Wednesday. That was more than double the $46.9 million in losses Matterport reported in 2021.
Team members who are achieving their goals don’t leave. If an agent leaves because they don’t like accountability and are not achieving their goals, then love them as they go out the door, writes Leslie Guiley.
The deal is touted as a way to give mortgage lenders critical information about borrowers and properties at the beginning of the loan process.
Buyers are navigating a stable housing market and making well-informed offers while sellers are leaning into a low-inventory environment, according to new data and agents who spoke to Inman.
An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates rise for the second week in a row.
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024.
Good leadership is about inspiring and motivating followers to get the job done, whatever the job may be. It considers more than just the metrics of productivity for success and adds the welfare of the organization and its people to the list of objectives.
This list provides a little taste of the all-you-can-eat buffet of bad bosses in television and movies. Find out what you can learn from this parade of awful leaders.
As we wrap up Leadership Month, we want to know about the worst leader you've ever had. How did you handle their toxic traits?
Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong?
Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel.
The franchise marks The Agency's 50th overall and follows the brokerage's previous European launches in Amsterdam, the Netherlands and Lisbon, Portugal.
ChatGPT has taken the world by storm, but it's not perfect (yet). Before you use it, understand how it works, the wide variety of serious pitfalls and the potential risk to your business if you fail to fact-check the responses it provides.
Mark Wahlberg and his wife, Rhea Durham, initially listed the 30,500-square-foot property for $87.5 million in April 2022 but dropped the ask by $8 million after it sat on the market for several months.
Buying Realtor.com was viewed as a potential way for CoStar to take on Zillow. But CoStar CEO Andy Florance said Tuesday that his company would instead focus on its Homes.com business.
Now is the time to take constructive action that can impact the trajectory of your whole year. Do these three things to successfully set the tone for this year’s unique market conditions.
The company's revenue jumped 13 percent year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar's push into residential real estate.
After nearly five years away from Keller Williams, Florida-based indie brokerage Laurie Finkelstein Reader Real Estate has rejoined the Texas franchisor. Finkelstein Reader initially joined Keller Williams in 2011 as the leader of the Laurie Finkelstein Reader Real Estate Team. Her team served buyers and sellers in Broward County, Florida.
The federal voucher program has fallen far short of its goals, according to strategy expert David Piscatelli. By making minor adjustments to federal policy, an entirely new generation of children can enhance their chance to achieve better health and greater economic mobility.
The Chicago-based team has exceeded $50 million in sales volume since 2021 while still at Berkshire Hathaway HomeServices, Compass told Inman exclusively.
The state's population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents' primary reason for departure.
Whether you’re looking for inspiration to get out there and conquer your day or looking to improve your real estate content on TikTok, here are some of the best real estate-related follows on the platform.
Even though the extreme seller's market is in the rearview mirror, disgruntled clients have been filing more lawsuits against their agents, according to an analysis by Victor Insurance Managers.
Mutual of Omaha Mortgage has acquired Keller Mortgage for an undisclosed amount, according to an announcement on Monday. Keller Williams will retain an ownership stake in the company.
In his State of the Housing Market address on Sunday, Keller Williams' co-founder Gary Keller explained how chaos will force agents to become better competitors — or be left behind.
As we celebrate Black History Month, find out how this trail-blazing family created three generations of real estate excellence. Hawaii broker-owner Joyce Wright Funk traces their impact on the industry.
The ability to discuss style, features and the changing lifestyle of homeowners from one decade to the next will prove to be very helpful in serving an agent's clients.
This week, Byron Lazine and guest host Lisa Chinatti discuss the tax on single renters, agent dress codes and the state of inflation in Left, Middle, Right.
Data is everywhere, but that doesn’t mean it’s captured and leveraged effectively. Despite granularity delivering the greatest results and value, many still resort to sweeping generalizations when discussing real estate.
Keller headlined his company's Family Reunion conference Sunday, saying that he doesn't think flashy new artificial intelligence tools are on the verge of upending the real estate industry.
Leverage your knowledge to build your business. Rainy Hake Austin shares creative ways of being the local expert in your own unique way.
Plunk envisions its data API assisting users in the same way a stock ticker does Wall Street investors, by helping them make critical decisions with the most prompt business information.
Double-digit growth in open offices was a bright spot for parent company RE/MAX Holdings, which reported a $2.6 million fourth-quarter net loss.
Brent Thomson has been hired as a strategic adviser for Berkshire Hathaway HomeServices Drysdale Properties as the company looks to expand its presence in California and Nevada.
Luxury home sales slowed faster than lower-priced homes. Crypto, tech stocks and proptech values plummeted. Is the slowdown impacting wealthy buyers more?
Integration of Wolters Kluwer's eNote and eVault capabilities into Black Knight's digital closing solution, Expedite Close, eliminates the need for multiple vendors.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Feb. 10-16, 2023.
Redfin Premier services will now be available to homebuyers across 28 markets. The brokerage also announced new designs for its Redfin Premier Agent profiles and listings.
"Realistically in this market, this is what it's worth – it's priced to sell," said Shawn Elliott of Nest Seekers, one of the agents who listed the property last week.
In Inman's latest Access class, watch Clelia Peters and Liza Benson discuss the new opportunities artificial intelligence technologies will bring to the real estate industry.
Knowledge is power, so it's essential to know all there is to know about listings. Here's how to avoid the top mistakes listing agents make.
KeyPleaz is a showing and real estate task outsourcing app for iOS and Android operating systems.
Money, glamour and excitement are part of a career in real estate, as are hard work, long hours and responsibility. Find out if you have what it takes to create and maintain a successful real estate practice.
The ebb and flow of the real estate business can be affected by the seasons, the economy and more. Luxury agent Amie Quirarte shares ways to weather the slow times while building your business.
The agents who utilize this technology will become more efficient and productive, freeing up time for building the relationships needed to grow their businesses.
A study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots.
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined.
Low inventory combined with pent-up homebuyers looking to make their dollars go further is already driving up competition this spring, real estate agents told Inman.
RE/MAX Holdings' total revenue decreased 8.9 percent year over year to $81.3 million during the fourth quarter due to diminished broker fee revenue, a 1.9 percent drop in its North American agent count and costs related to increased recruiting incentives. However, the franchisor remains bullish.
The portal and online brokerage saw revenue fall 25 percent year over year during the fourth quarter of 2022, and lost a total of $61.9 million, according to an earnings call Thursday afternoon.
Hottinger, whose team was previously affiliated with Corcoran, returned to Elliman to gain a firmer foothold in Miami and for development project opportunities, he told Inman exclusively.
New-home starts took a hit in January but remain higher than they were in November. And builders see a path forward to stronger sales, according to a new report from the U.S. Census Bureau.
Keller Williams has opened its first master franchise in Germany, according to an announcement early Thursday. KW Germany will operate out of Berlin and serve Germany's top seven real estate markets, Keller Williams Worldwide President Bill Soteroff explained.
Texas-based franchisor Keller Williams is hosting its annual Family Reunion conference in California Friday through Wednesday. Here are the sessions, speakers and events you can't miss.
The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday.
Find out how this broker parlayed an early interest in real estate investing into a career as head of one of Myrtle Beach's most popular brokerages.
Real estate leaders have an important responsibility to help create a world without obstacles to homeownership. Allies who actively engage in and promote diversity, equity and inclusion can help be a force for change.
Watch the latest classes with Inman Access to learn from the experts across a wide range of topics to keep you ahead of the competition.
Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday.
Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shutout of the traditional second-home market.
Matterport Digital Pro includes 3D tour, 25 or more high-end still photos, a static 2D floor plan and a 10-15 second preview reel.
The Westchester County-based Corcoran Group franchisee has welcomed the long-standing independent brokerage to its ranks, adding 16 agents and one new office.
Charlie Homet and John Brandon launched a boutique brokerage called Archpoint Advisory Partners in partnership with Side, focusing on properties in Brooklyn and downtown Manhattan.
The portal giant brought in $435 million in revenue during the fourth quarter of last year and lost $72 million, according to 4Q22 earnings released Wednesday afternoon.
Mortgage rates have been inching up from 2023 lows following a strong jobs report and January's Consumer Price Index readout, which shows only a slight cooling in inflation.
A rainbow escape awaits the buyer of a psychedelic home in Colorado Springs where the house's interior is a colorful array of faux fur, murals, funky light fixtures, art installations and more.
Builder confidence rose seven points in February, to 42, according to the latest NAHB Housing Market Index. It's the highest score since September and the largest one-month increase in a decade.
Homeowners in Raleigh and Atlanta can ask for a cash offer from Opendoor and get an estimate from Zillow about what their home might sell for on the open market.
The Canadian Real Estate Association, which owns and controls Canada's most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what's in store.
If you don’t set boundaries, you can’t expect clients to respect them, writes luxury agent Amie Quirarte. Set firm boundaries, and communicate them upfront.
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive.
Black Knight is reportedly looking to spin off its Empower loan origination system to placate regulators' antitrust concerns as critics raise market power, data privacy issues.
Redfin Chief Economist Daryl Fairweather reveals to Intel the top data point signaling a coming rebound and shares why inflation and mortgage rates will continue to lead the market this spring.
In this week's Pulse, we're wondering: What sure signs of bad leadership should not be ignored? How can you recover from a toxic leader?
Whether taking that promotion, expanding their business, getting a broker’s license or trying to prepare everyone for a different financial reality, here are some tips agents can use to communicate better with their families.
If you’re feeling unfulfilled, bored, and just plain stuck in your current career, it could be time to make a change. But how do you know if the grass is actually greener on the other side? You may have many reasons to go and many reasons to stay, but before making any big decisions, it’s […]
Whether you call it TBG or The Blame Game, it has an insidious effect on your business, writes team leader Carl Medford. The longer it's allowed to fester, the more damage blame will cause to team unity and morale, along with client confidence and trust.
The white-labeling program, zavvie Power Buyer, was announced exclusively to Inman and will include two models: contingency-free (cash offer) financing and a buy-before-you-sell bridge loan.
The short-term rental platform posted $1.9 billion in profits and $8.4 billion in revenue in 2022, a 40 percent surge from a year earlier, according to executives during a full-year and 4Q earnings call Tuesday afternoon.
The three combined teams add 20 agents with more than 4,500 real estate transactions under their belts to Livian's roster, according to the company.
After a brutal Q3 in a rapidly shifting market, Opendoor has significantly slowed down its pace of home acquisitions.
Leniency or government protections often kept rent below market rate and prevented evictions. Three years into the pandemic, property managers are deciding how to move forward.
We asked select sponsors to share what draws them to be a part of Inman Connect Las Vegas 2023 — and what attendees can expect from them this summer.
The seven-bedroom Beverly Hills home was also occupied by John Legend and Chrissy Teigen from 2016 to 2021. After an initial unsuccessful offering of $19.25 million, the current owner is attempting to offload it at a loss.
Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison.
Realtors who use the review facilitation solution RateMyAgent can now send their customers' feedback to the trade group's home search portal Realtor.com.
Former Rocket Mortgage CEO Bill Emerson will serve as the company's interim CEO while its board of directors conducts a search for a permanent leader.
Revive has acquired HomePrep outside of Washington, D.C. in a continued nationwide expansion, executives told Inman exclusively. The company adds value with no up-front costs to homesellers.
Netflix's "Buying Beverly Hills" centers around rookie agents and their high-profile team leaders and mentors at The Agency. From mispronouncing finishes to being ill-prepared for showings, these agents dish on learning the tough lessons while being filmed for reality TV.
The penthouse apartment sits at the southwest corner of Central Park and sprawls across more than 8,000 square feet.
Brian Gubernick will serve as PLACE's new chief real estate officer tasked with helping teams and agents grow their businesses.
The team formerly known as the Southern District Properties Group at Compass will now become Sotheby's newest affiliate in Texas, Southern District Sotheby's International Realty.
Working with a team is as much of an exercise in self-improvement, commitment to excellence and accountability for the team leader as it is for members on the team, writes broker Cara Ameer. The goal is to create a happy and inspiring place to prosper.
The "tax" varies widely depending on the market with renters in expensive markets, such as New York City paying up to $19,500 more in rent annually.
Why is it that in 2023 our culture is still determined to enforce dated and ridiculous dress code stereotypes? Trainer Rachael Hite says that brokers need to focus more on providing great customer service to consumers and better training for agents and worry less about what they are wearing.
Learn how proactive AI can give you an almost unfair advantage and fill your pipeline with opportunities.
Real estate's top thought leaders shared their best advice for thriving in a slower market during CEO Connect in New York last month. Here's what they had to say.
Everyone has the ability to be a great leader, but not everyone has the drive. Developing leadership skill takes time, dedication and perseverance.
Sometimes, the agent on the other side of the table can't get out of their own way. The next time you experience a hot-headed real estate agent on the other side of the deal, try these tips from Amie Quirarte to cool it down.
On a stage at Inman Connect New York, industry insider Kendall Bonner welcomed a full house to an expert panel discussion on AI including Omer Granot, Jonathan Klein, and Ori Freiman.
I’ve been showcasing properties in front of the camera for much of my career. I’ve uncovered my own formula for what works when streaming video to a live virtual audience and what doesn’t. Here are my top tips.
Clever Real Estate finds its leads with extensive content marketing to educate consumers on a vast range of real estate topics.
Rising mortgage rates have many lenders looking to sell servicing rights, creating an opportunity for a Dallas-based company that now collects payments on $870 billion in loans.
Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt.
The largest multiple listing services in one of the nation’s most sought-after home markets is now helping its members market themselves through video.
Nicole Aissa will oversee agent growth and development at Red Oak. She previously worked as an operating principal at Keller Williams.
A highly livable city with space to spread out suddenly becomes attractive to wealthy, out-of-state buyers who can now work remotely and have the purchasing power to snatch up the home that suits them. What will happen to the market in 2023?
Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Feb. 3-9, 2023.
A Connecticut estate made headlines in 2014 when it sold for a then-record $120 million, making it America's priciest home sale at the time. Now its owners are giving it a shot on the market for $30 million more.
In his latest interview with Bloomberg, former Goldman Sachs investor Don Mullen explains why iBuyers won't survive much longer, calling them the "forced sellers" of today's market.
Move Inc. revenue fell $23 million in Q4, due to a drop in home sales and referral revenue, according to earnings on Thursday. The company confirmed it was in talks with CoStar about a potential sale.
This week, the Redfin Homebuyer Demand Index, the brokerage's in-house gauge of buyer activity, hit its highest level since September, rising 21 percent from an October low, new data shows.
After releasing an interconnected series of lead-generation services, Luxury Presence’s latest offering is a wide-ranging package of top-down marketing solutions for brokerages and agents.
This week, Byron Lazine and Nicole White are talking about buying down mortgages, investing in your real estate business and keeping up with current events on The Real Word.
It is the little things that happen every day that cause distrust and the accusation that Realtors are not professional enough. Teresa Boardman designs her dream course for raising the bar.
Lundy’s voice skill works with partner multiple listing services to translate its listing data fields and longer form property descriptions into categorized audio narratives powered by Amazon’s voice technology.
New smart kitchen faucets from companies like Kohler and Moen can be controlled via voice and app on your phone, but are they worth the cost? Smart home expert Brandon Doyle compared two, and his results may surprise you.
The challenge of differentiation and capturing a buyer’s attention is monumental, for even the most skilled agents. In this agent's case, “man’s best friend” is also an agent’s best friend.
Is your desire to grow your business this year? What are you doing right now that your competition isn’t? According to Jimmy Burgess, by focusing on optimizing the efficiencies in your business and serving others with the highest level of service possible, your continued success is inevitable.
The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering.
The 40-person team, formerly of Coldwell Banker, has also brought on its Northern California office located in the Berryessa neighborhood of San Jose to Corcoran Icon Properties.
Strong job numbers spark fears that the Fed will need to stick to its guns and continue to raise rates and keep them elevated for some time to fight inflation.
As mortgage rates have dropped from a roughly 7 percent peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3,000 monthly payment.
The CEO was unapologetic about her mantra "old school is the best school," while acknowledging that the ability to evolve while keeping agents and clients at the forefront have contributed to the brokerage's longevity.
Existing-home sales prices increased in nearly 90 percent of metro areas, but gains were smaller than the previous quarter, according to data released Thursday by the National Association of Realtors.
By avoiding common rookie mistakes, new real estate agents can set themselves up for success and establish a positive reputation in the industry.
This week, the spotlight shines on Ivan Chorney, a Miami broker specializing in luxury real estate developments.
Expand your knowledge and unlock this week's newest classes with Inman Access. Watch on any device, anytime, anywhere.
Because many teams work closely together, it's smart to take time to discuss love languages as a team. Help individuals identify their specific love language, and then work to develop an office culture that helps effectively nurture each other and builds on each other’s strengths and love languages.
The luxury brand's billion-dollar growth in terms of agent business came in large part from strategic recruitment by its Sereno and Orange County affiliates, as well as the addition of star agent Aaron Kirman.
From the places that will be most in demand to the platforms you need to focus on, these statistics will help you hit the ground running as you plan your 2023 marketing strategy.
Satisfying renters is the North Star in the multifamily sector. That is the mundane matter that must be mastered.
As the last couple of years have shown us, the only thing we can rely on is change, according to The Agency president Rainy Hake Austin. Clear out some time on the calendar to put the necessary thought into nailing down your marketing budget this year so that you're ready to communicate through whatever's next.
To better illustrate how capricious the real estate industry was in 2022, Inman searched high and low for rogue data points that drove the housing market and best reflected this year's wild tumble.
Curious what your competition and colleagues are reading? Here are the top 10 most-read articles from Inman contributors this year.
Social media is still a tremendous tool for real estate professionals to grow their businesses. Counting social media out in the coming year would be a mistake.
"I used to think that there was no such thing as too much business. But the pace many of us had to maintain during the housing frenzy of the past few years was exhausting, and burnout was a real problem."
As home price growth has slowed, mortgage payments have decreased and days on market have risen, homebuyers dip their toes back into the market, according to a new report from Redfin.
We asked the buzzy new AI tool ChatGPT to write a report for Inman on iBuyers, technology and tips for agents going into the new year. Turns out, the bot might have a bright future in real estate.
Ahead of Inman Connect New York where she will discuss with other top producers how to become the star agent in a market, the luxury agent said she has ambitious plans for the new year.
Washington County, a one-time remote region of southern Utah’s high desert, experienced the most number of mortgage rate locks for second homes, experiencing a year-over-year jump of 10.3 percent.
Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents continued to make interesting moves.
Catch up on this week's most-read stories, as determined by Inman's readers. Here are the top 5 stories of the week, Dec. 16-22, 2022.
New-home sales rose 5.8 percent to a seasonally adjusted rate of 640,000, according to data released Friday by the U.S. Census Bureau and Department of Housing and Urban Development.
Team leader James Becker shares his six red flags that something is very wrong with your business. If you notice any of these indicators as a business owner it may be time for a reset.
An inclusive organization values all members for who they are, not just what they look like, how much money they make or how much power they hold.
Everyone wants to work with the expert, but how do you position yourself as the local know-it-all (in a good way)? When you gather, assimilate and distribute market knowledge, you can become the resource for real estate information in your area, Jimmy Burgess writes. Here are the information sources you’ll need.
Expert John Aaroe is not afraid to ask the hard questions. Brokers need to step up and ensure the survival of the company. How much are they willing to invest to make company culture work to save their business?
Property Tour AI is a marketing tool that uses computer-generated "agents" as property presenters. The on-screen avatar hosts the video tour, reciting a script of highlights and features.
While several other high-powered teams have left Douglas Elliman this year, Fredrik Eklund, John Gomes and Julia Spillman have decided to stay with the New York City-based firm for another five years. The group's 90 agents have completed $4 billion in sales this year.
In this Real (Estate) Talk episode, expert Dr. Lee Davenport chats with the recently retired Elaine Gross, the founding president of ERASE Racism, the civil rights organization based on New York’s Long Island.
The new website intends to “make it easier than ever for customers to find what they need and experience the benefits our solutions offer,“ the company said in a statement.
This week, Byron Lazine and Nicole White are talking about teams, teamerages, and expansion teams and their effect on rankings, how agents can help buyers obtain down payment assistance, plus topics from left, middle and right.
Home sales posted their biggest annual decline since Redfin started tracking the metric in 2012, according to data released Thursday.
Jonathan Burton, a video game designer, film producer and director behind more than two dozen Lego movies and games, sold the Malibu mansion at the wire to score one of the top deals of 2022.
Prairie City, Kansas, on the Kansas-Missouri state line, was Zillow's most popular housing market in 2022, drawing unusually high traffic and leading the site for daily page views, the portal revealed.
Today, the spotlight shines on Austin, Texas, managing broker Noa Levy of The Agency, who brings a global perspective to her professional and personal commitments.
As an agent, when it comes to increasing your business in the new year, you need an actionable plan before the year starts if you want to be intentional and strategic about achieving your goals.
What lead generation strategies should be your go-to choices for maximum lead conversion in 2023? Bernice Ross chooses from her best advice over the last year and offers you the most actionable, targeted solutions.
Agents need to sharpen their skills to be able to close. Here are the top 10 closing techniques well-versed agents should have memorized so they are equipped to handle any potential objections, Carl Medford writes.
Reputation’s software will be the foundation of RentRep, a unified interface to give users the ability to oversee and empower social media management, listing marketing and online reviews.
The Suns and Mercury deal, valued at $4 billion, sets the stage for the nation's largest mortgage lenders, United Wholesale Mortgage and Rocket Mortgage, to be court rivals.
As the year reaches its end, now is the perfect time to give an extra token of thanks to the stager who helped you spruce up a bland listing, the photog that literally put your business in its best light with amazing pictures or the ever-reliable handyman that helped a stressed seller with emergency repairs or a fresh coat of paint. Here's a quick guide on how to appropriately tip the important players in your real estate ecosystem.
Here are four things that agents are looking for from a team in 2023. Knowing what agents are looking for is the first step, and making sure you have a plan of action is Step 2, Adam Hergenrother writes.
Sales of existing homes in November fell 7.7 percent to a seasonally adjusted annual rate of 4.09 million, according to data released Wednesday by the National Association of Realtors.
It's a slow time of year for homebuying, so it's not surprising to Mortgage Bankers Association Chief Economist Mike Fratantoni that purchase applications didn't jump last week.
Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022.
Ready or not the new year is on the horizon. Trainer Rachael Hite has 23 resolutions, unpopular opinions and hard truths that just might change your business in 2023.
More than just a tool for generating leads, your website should showcase your personality and the flair you bring to the business. Laura Stace offers a step-by-step strategy for creating content that helps you stand out.
Expert Missy Yost says when you're ready to hire a coach, you will be confident you've chosen the right one once you reflect on your needs, interview coaches and then select the one who best fits your current business profile.
Coraopolis, Pennsylvania-based BCHH provides national title and settlement services to mortgage servicers, real estate investors, asset management companies and government entities.
Federal regulators allege bank improperly denied thousands of mortgage loan modifications over at least seven years, in some cases leading customers to lose their homes.
The Talent Brokerage’s virtual support programs and coaching will help members learn how to move away from offering canned, unoriginal marketing content.
Michael Lucarelli also said in the lead up to Inman Connect New York that he doesn't see a "crazy reshuffling with rent prices" coming in 2023.
Following a four-year stint with Compass, the five-person McNair Group team has returned to Coldwell Banker, where the team was founded in 2008, it was announced Friday.
Take your best guess, and tell us your top prediction for the 2023 real estate market, whether you're a newbie or a time-tested industry veteran.
Command’s development, as well as the process for building Keller Williams’ other innovations, stem largely from KW Labs, an internal skunkworks for devising and testing new technology products.
Housing starts fell 0.5 percent below October levels, inching to a seasonally adjusted rate of 1.43 million, while completions rose 10.8 percent month over month, according to U.S. Census Bureau data issued Tuesday.
The office will be led by a combination of new and existing managing partners at The Agency as the brokerage marks its 69th franchise.
Year-over-year rent growth dropped to the lowest level June 2021, but remained three times higher than the historical average before the onset of COVID-19, according to data released Tuesday by CoreLogic.
A career in real estate can be tricky, with a lot of ups and downs, according to industry leader Julia Lashay Israel. A vision board can help you maintain the right mindset and serves as a reminder of your big Why.
Send your clients into the new year with a smile on their faces. Expert Darryl Davis offers five great last-minute holiday gift ideas for your clients that are easy on your wallet and easy to deliver.
It’s not too late to reach out to your clients this holiday season. Designer Antoinette Fargo offers 12 gift ideas for now — or to take you all the way through 2023.
Before the 2023 rankings, let's get this figured out, writes broker Troy Palmquist. Are some of the biggest teams in the industry really brokerages or teamerages (or vice versa) and how does that affect the way they’re ranked?
Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to ease.
Federal regulations provide "zero tolerance" for miscalculating real estate transaction taxes when providing TILA-RESPA integrated disclosure to borrowers, Black Knight warns.
The brokerage announced that it had acquired the full-service real estate firm d'aprile properties, which closed nearly $1.2 billion in sales volume last year, according to a report.
While December's data represented the 12th straight decrease in homebuilder sentiment, there is a "silver lining." The average price reduction was 8 percent, up from 5 or 6 percent earlier this year, report says.
As the final Christmas countdown commences, it's easy to get wrapped up in the pressure of finding the perfect gift, getting your home ready for visitors and closing up the final deals of the year while feeling like you're running on E. In the midst of our busyness, it's easy to miss the golden opportunity the holidays provide — the chance to reflect, give thanks and give back. Here's a list of real estate-related causes you can support this holiday season with your time, talent and treasures.
The judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing the Sitzer/Burnett case to continue toward a new October trial date.
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down.
Where MLSs ban commingling, brokerage websites either can’t display non-MLS listings or must hide this inventory behind filters and log-in walls. Redfin's Joe Rath offers an argument in favor of allowing brokerages to display all of the options.
It's closing day, and the hard work is over right? Marketing expert, Luke Babich, says not so fast and reminds agents to make sure that their clients are prepared to sign on the dotted line
There's no doubt about it — being an expert in your market takes work — but it’s worth it! Make the new year ahead your opportunity to grow your expertise and, in turn, your business.
In the lead up to Inman Connect New York, Vija Williams offered tips on how teams can survive a shrinking market. 'Prepare for the worst and hope for the best,' she said.
As the calendar year comes to a close, there are still many golden opportunities to take advantage of while much of your competition has shut down for the year.
Updated, move-in-ready homes sell faster and sell at the top of the market. But not every seller has the upfront capital to take advantage of the potential ROI.
Stephen Haladay and Tom Bauman from Elm Street take you through their top social media training to help real estate professionals leverage social channels for business growth in this session from Inman Connect Now.
In luxury real estate, agents should keep their eyes on the lighting market for entirely unique reasons, and at all times of the year.
State attorneys general call brokerage 'a scam' and allege its business model and contract terms are 'unconscionable' and target elderly and financially vulnerable homeowners.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Dec. 9-15, 2022.
It can be tough to find the right gift for the real estate agent in your life, and sometimes agents themselves aren't sure what they want. One of these might spark some interest.
Co-founder of Hilton & Hyland Rick Hilton also announced in a statement released on Thursday an upcoming brokerage in partnership with his son, Barron Hilton, called Hilton & Hilton.
On Monday, Corcoran Icon Properties will officially launch in Northern California as agents and staff of the embattled Corcoran Global Living NorCal regional offices rise from the ashes.
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America.
GreenStats is a software product built by an active agent that helps brokers and team leads stay abreast of how their business is performing.
If you're looking to set yourself apart from other professionals in the real estate industry, earning a designation or certification shows your peers and clients your unique areas of expertise.
Team leader Julie Busby says that a slower market can be the perfect time to work on your skills. Read her best advice for kickstarting 2023 to be your best year ever.
This week, hosts Byron Lazine and Nicole White are talking about Zillow's acquisition of VRX Media, the hottest housing markets for 2023, and topics from Left, Middle, Right.
The main property includes an expansive mansion off the east coast of Lake Tahoe, a guest house, a detached office and a lakeside area.
Willow Avalon shares the Hell's Kitchen apartment with her possum, Nugget, who doesn't help with her rent. She loves her apartment and said about moving, 'Never, I'd sell a kidney first.'
Propy's course announcement is aligned with two well-known independent brokerages, The Agency and Brown Harris Stevens, announcing Metaverse initiatives.
You read about them. You watch them on social media. They are the stand-out real estate agents who have broken through and built a next-level business. The Agent Connect Stage at Inman Connect will bring together top agents across the industry in a two-hour intensive designed to give you the strategies you will need to thrive in 2023.
Zillow revealed Thursday that 1 million users have queried its Down Payment Resource database since the real estate search portal partnered with the data provider a year ago as home prices soared.
During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will "stabilize" in 2023, setting the stage for an increase in home sales.
Christie's Real Estate Chris Lim and Ben Fairfield with RE/MAX Western Region Development shared keys to their teams' success in a down market with the Inman Connect Now virtual crowd.
Branden and Rayni Williams, the real estate power couple, told Katie Kossev during a panel at Inman Connect Now on Thursday that they'll "never" consider joining a real estate reality series.
As we wind down one year and embark on another, it's time to consider how to move forward with these winning strategies from @properties Christie’s International Real Estate executives Amy Corr and Kevin Van Eck.
If you slack off or lose focus on certain aspects of your business, your competition will benefit — and they know it. Here is Jimmy Burgess' list of the top things your competition hopes you slack off on.
Learn how this team leader's competitive spirit and marketing know-how helps his team stand out at SERHANT.
Half a percentage point "is still a historically large increase and we still have some ways to go," Fed Chairman Jerome Powell warns as policymakers wrap up final meeting of the year.
Travelers are now able to see the true cost of a booking, cleaning fees and all. More upcoming changes seek to control what hosts can require their guests to do at checkout.
President Biden signed the Respect for Marriage Act into law on Tuesday, codifying same-sex and interracial marriage rights. The Act ensures same-sex couples' marriages would be federally recognized if the Supreme Court overturns Obergefell.
Winning can be intoxicating, but it can also put you in a comfortable place, complacent even. To avoid that win hangover and ensure your business grows year after year, follow these three steps from performance coach Chris Pollinger.
Society is speaking loudly in its desire for LGBTQ+ people to be accepted and protected. Our national government leaders are hearing it – and they acted.
Builders have seen cancellation rates spike this year as buyers now struggle to afford the homes they signed up for months ago, according to data from John Burns Real Estate Consulting.
Demand for purchase loans has increased in five out of the past six weeks, according to a weekly survey of lenders by the Mortgage Bankers Association released Wednesday.
Congressman-elect Maxwell Frost of Florida said he wrecked his credit when he quit his job to run a campaign full-time. Now he's having a hard time finding a place to live.
The brokerage sent a letter to the District Court for the Southern District of New York seeking to settle its dispute with the Real Estate Board of New York, or REBNY, outside of the courtroom.
Turner is a former entrepreneur in residence for NAR venture capital arm Second Century Ventures and a co-founder of Realtor association management platform Tangilla.
Homeward CEO Tim Heyl said his company is built to handle down markets. He spoke with Inman ahead of Inman Connect New York, where he’ll be speaking about tech, data and the biggest trends in 2023.
Would you like to help your clients and sphere cut their homeownership and home maintenance costs substantially in 2023? This 12-month marketing plan is suitable for social media, email, direct mail and even video, writes trainer Bernice Ross.
Looking toward 2023, many agents, concerned about the shifting market and its impact on their business, are considering a move. Perhaps the change required is not their location but their mindset, team leader Carl Medford writes.
Corcoran Group will "effectively close all offices and operations of the Southern California region of Corcoran Global Living by December 31, 2022," according to a memo obtained by Inman.
Fourteen major metro areas reported year-over-year declines in the median cost to rent an apartment, according to Redfin. It's only the latest sign of widespread slowdown in rent.
"Oversubscribed" $80 million Series C round brings total funding raised by Montreal-based digital mortgage lending platform to $167.5 million.
Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow.
The US and Bahamian governments are jockeying to oversee the bankruptcy of crypto exchange FTX — and its trove of real estate holdings — following the arrest Monday of Sam Bankman-Fried in the Bahamas.
It's OK, you can tell us. What have you been hoping for, dreaming of and angling toward in your real estate business for 2023?
It may not be an "Airbnbust," but homeowners who rent their properties on platforms like Airbnb and Vrbo stand to see occupancy rates rise and revenue slow in 2023, according to AirDNA.
Venture capital firm Fifth Wall Ventures' fund, the largest ever to focus on real estate technology, will back early- and late-stage proptech companies, including some home renovation innovators.
Located in the Brentwood enclave of Los Angeles, the former home of the television-acting "Golden Girl" was razed in the past week, with only a fireplace and chimney remaining of the original structure.
Mortgage investors have been demanding higher yields because of fears that borrowers will refinance if rates fall.
The acquisition will expand the company's footprint to 14 states. The deal also comes amid a challenging time for the real estate technology sector.
The office marks the luxury brokerage's first foray into the state of Virginia and the company's 67th office to date.
For Miami real estate agent Joan Bruggink, your network is your most valuable asset. Stop playing to those one and done deals and start nurturing your sphere.
There is proof that some good is emerging from the industry boat race that Compass created. Its wide, frothing wake helped other alternative brokerage messages reach the surface, and agents are responding to it.
Broker and real estate expert Teresa Boardman feels it is time to put the real back into real estate. The average transaction isn't typically camera-ready. When things get real, real quick in real estate she says that we need to leave the drama on TV where it belongs.
The Real Brokerage said serial real estate entrepreneur Sharran Srivatsaa would help guide the company as it continues expanding to new markets.
The nation’s second-biggest homebuilder is marketing thousands of homes at a time when investors are looking for deals on rental properties, according to a new report.
Media headlines focusing on a pending US housing market crash are based on limited data that's skewed by the outsized 2021 numbers. Mike DelPrete offers two charts to help you consistently refocus on market realities.
After hitting the market in late November for $1.65 million, the Astoria, Oregon, home was purchased for an undisclosed price by a superfan who aims to remain anonymous until the sale is finalized.
This month, Coldwell Banker CEO M. Ryan Gorman and Opendoor CEO Eric Wu relinquished their chief executive posts. Inman founder Brad Inman envisions a cold winter ahead.
Prevu's expansion into Austin and Denver brings the number of states in which its agents work to eight, including New York, Connecticut, California, Pennsylvania, Massachusetts and Washington.
Pacaso on Monday announced a joint effort to integrate luxury co-ownership opportunities with Realm's global network of top-producing real estate agents, the company told Inman exclusively.
In a new brief, the former pocket listing service argues that NAR limited competition to its Realtor-affiliated MLSs "by conspiring to destroy the livelihood of any dissenting real estate agent."
Becoming a broker is no easy task as there are a variety of layers stacked that make becoming a broker a difficult occupation. But with the right guidance and help you can make that transition from a solo agent to a broker.
Want to create something that you can take anywhere to keep your goals and intentions in front of you this year? Here’s how to create a customizable digital vision board quickly and easily using Canva.
Your business will grow when you commit to doing these actions consistently. You will see more listings and more closings. So, are you ready to get to work?
After a successful launch in the New York metro area last year, the Localize team is ready for the Windy City. Brokerages in Chicago can join the Launch Partner program here.
When the holidays arrive, it’s essential to take time to honor and nurture these client relationships. Here are my thoughts on how to do that.
Thoughtfully organized response strategies identify priorities, establish clear channels of command, and provide a reassuring framework to a broad audience that might otherwise be left in a vacuum, extrapolating the worst-case scenario.
Given their current sales figures, the union between the teams is likely to launch them to become one of the top 10 mega teams in the U.S.
This year's acquisitions of LemonBrew Lending and Expetitle pave the way for the company to provide end-to-end services to homebuyers in many markets.
We caught up with Josh Altman ahead of Thursday night’s premiere to dish on what makes this season the "most dramatic yet.” Here are a few things that make this season worth a watch.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Dec. 2-8, 2022.
The number of homes on the market increased 15 percent year over year during the four weeks ending Dec. 4, while new listings declined by 20 percent, according to new data released Thursday by Redfin.
The Agency Turks and Caicos' new office will be headquartered in Decentraland and developed in partnership with investment company MREIT. It marks the first metaverse office for The Agency.
RentSpree and the California Association of Realtors — the state's largest real estate trade group — are set to offer three classes to agents interested in earning a certificate in rental management.
Thomas Morgan's appointment aims to "redefine what it means to be an MLS" and falls in line with other high-profile hires this year that are also at least somewhat unusual for an MLS.
Cost-of-living, cramped quarters and even politics are all top of mind for people considering a move in the coming years, a new Harris Poll reveals.
Never on the defensive for too long, Zillow's strategy, Brad Inman writes, is to secure its position as the leading listing service and digitize everything — as the rest of the industry sputters.
Zillow said VRX’s aerial drone photography, virtual staging, 3D tours and high-definition photography will enhance ShowingTime+, its home showing scheduling platform.
Kick off your real estate success in 2023 by optimizing your Inman Connect New York event experience with these seven tips.
The real estate market has changed, and there will be agents who will not survive the current market environment. Are you nimble enough to make the adjustments needed? Here's a list of the types of real estate agents this market will crush and how to avoid being one of them.
This week, Byron Lazine and Nicole White discuss Opendoor's existential crisis, MV Realty's alleged deceptive practices, and Left, Middle, Right.
Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns, such as interest rates, inflation or a recession.
What's the matter with Kansas? Not a thing as Wichita shot to the top of Zillow's analysis of the 10 friendliest cities for first-time homebuyers on Thursday. Midwestern cities fared well overall.
Two days after M. Ryan Gorman's surprise exit from Coldwell Banker, four industry experts considered the weight of Wall Street on companies' leadership decisions amid a market downturn.
Relocator is a moving concierge service that helps agents help their clients get settled in their new place. It helps them track their pending move date, find vendor discounts, storage facilities and everything else one needs to make a house a home.
How do you spot the real deal when it comes to coaches and trainers? According to Jeff Glover, these four types of coaches may not be focused on your best interest.
The National Association of Realtors' venture capital arm Second Century Ventures runs REACH, which debuted in 2012 and has invested in more than 200 startups over the years.
Prosecutors say Alex Ashod Dadourian, a licensed mortgage loan broker in Southern California, fabricated income and employment verification documents to win approvals for 17 mortgages totaling more than $8 million.
This week, our spotlight shines on Juan Alvarez of BlokHaus Real Estate + Investment Inc. in Miami Beach, Florida.
Check out our robust Tech and Data track at Inman Connect New York to help you make sense of current trends by hearing directly from the experts.
Featuring an explosion of color, glamour and innovation, 1960s kitchens and baths offered style by the mile. Gerard Splendore shares the secrets of the era in his Circa series.
If we want to increase our production, we need more friends. The more friends you have, the more homes you'll sell.
Long-term home management app HomeZada, initially reviewed by Inman in 2015, beat out six other finalists in the Wells Fargo Innovation Challenge, according to a company announcement.
If the island, which includes a 21,406-square-foot mansion, sells close to its asking price, it will easily set a record for Palm Beach sales and come just shy of the national record.
Florida-based The Keyes Company has partnered with Revive to help its thousands of agents boost listing business and earn more for their sellers through ROI on presale renovations.
Mortgage rates will fall to Earth in 2023 — but not before home prices tally significant declines and sales slump to their slowest pace in 12 years, according to a new forecast from Redfin Tuesday.
The growing marketing platform counts multilocation brands, such as Ace Hardware, Ford Motor Company and Smashburger as clients.
Fannie Mae survey shows consumers remain concerned about factors, including the outlook for home price declines, mortgage rates and access to mortgage credit.
Fisher and her four-agent team left ONE Sotheby's International Realty in favor of the Christie's affiliate because of the brand's international luxury connections, ties to Christie's auction house and new technology offerings.
Referrals are everything when it comes to building a sustainable real estate business, expanding your network (and opportunities), and creating momentum, say former Million Dollar Listers David Parnes and James Harris. Here are their top seven tips for building a thriving referral network and bountiful business.
Following the launch of an investigation by regulators in North Carolina last month, Florida's attorney general's office says MV Realty's business practices "shock the conscience."
Each of NevelHaus' carriage house designs is infused with modernism, characterized by open floor plans and floor-to-ceiling glass openings, meant for simple living and depicting smart, low-maintenance architecture.
The funds came from a variety of investors, including Andreessen Horowitz, Fifth Wall, 645 Ventures and others. The funding is notable for coming amid a cooling housing market.
The Series A funding round was led by Moderne Ventures with strategic participation by The Travelers Companies, according to an announcement sent exclusively to Inman on Tuesday.
As mortgage rates continue to retreat from 2022 highs, all eyes will be on Federal Reserve as policymakers conduct their final meeting of the year next week.
Flexibility beats out rigidity when it comes to an industry like real estate, so adapt, pivot and adjust to stay successful within the ever-changing residential real estate market.
Master Certified Coach Byron Van Arsdale guides you through practical, proven strategies that have gotten results for thousands of clients.
An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global.
Ryan Gorman was a long-time veteran of Coldwell Banker's parent company and has helmed the brokerage for the last three years.
New Jersey-based Weichert Realtors has partnered with SkySlope for a companywide implementation of its transaction management solution.
What was that game-changing word of wisdom that your coach offered that made a difference in your life and career? Share it in this week's Pulse.
The name change to unify the six shops across the northeast Florida region comes on the heels of franchisee Corey Hasting opening two new locations in Ponte Vedra Beach and San Marco.
A mansion in the Presidio Heights neighborhood that had its price slashed to $39.5M is still the most expensive single-family home for sale in the Bay Area city, reports say.
New rules would require homeowners and tenants who offer short-term rentals to register units with the city. Airbnb and hosts call the requirements overly restrictive.
Compass broker David Schlichter says Jason Oppenheim has it all wrong. His rebuttal? The things that Compass is doing right will keep this brand afloat for the foreseeable future.
The new office will be located in Osterville and led by Managing Partner Eric Rollo, who launched The Agency Boston in 2021. It marks The Agency's 67th franchise globally.
Although the 300-page sales contract was daunting and agent representation falls short, Inman founder Brad Inman discovered that Paris offers a lot to love, and laws that protect its citizens.
Incremental changes, one action at a time, one day at a time, will add up to behaviors that, when repeated consistently, will deliver the results you want in the year that lies ahead.
While the real estate market always presents challenges and variables, the way you respond is up to you and you alone, writes luxury agent and coach Amie Quirarte. With 2023 on the horizon, what better time to start implementing her favorite strategies than now?
Windermere Offers will allow people working with the brokerage's agents to compare various options for selling their homes.
Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor.
Chasidy Decker was forced out of her Meridian, Idaho, mobile home because it was parked in a residential neighborhood, which violated city codes. Now she's suing the city because its action left her unhoused.
Broker Connect at Inman Connect New York offers two in-depth hours of education on how best to position your company in this constantly-changing industry by learning from experts in the field.
In this video, the historic 2022 president of the Atlanta Realtors Association, Karen Hatcher, shares just some of the organizations and individuals that have shaped her.
Rent dropped for a fourth straight month in November, with all but six of the nation's top 40 markets reporting flat or declining month-over-month rent.
Cities in the Southeast once considered affordable are becoming more and more expensive as housing affordability reaches its lowest levels.
Redfin launched its latest listing data update on Monday, which provides zoning and land use data for more than 70 million listings in the U.S. and Canada. The feature will be available on iOS and Android by Q1 2023.
The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market.
Yes, you can still send out your cards, even if your marketing budget is running out. Christy Murdock offers simple strategies to connect with your SOI before the year’s out.
For REALTORS®, there is no reason not to get a .realtortm web address. You’ll be leveraging one of the most powerful and trusted names in real estate to build trust, own your brand, and elevate your status in the market
Some worry the industry is approaching a housing bubble like 2008, all set for a similar burst and the subsequent fallout. At Long & Foster, we’re not.
Any licensed real estate agent can have an agent profile on Zillow for free. Your Zillow profile is your opportunity to introduce yourself to the more than 230 million monthly visitors who start their home search on Zillow.
New agents will need real support and guidance from their brokerage now more than ever, focused on how to manage a market where listings sit for more than 30 days and interest rates are higher than 4%.
As 2022 comes to a close, agents and home sellers are looking ahead. This past year has been one of rapid growth and change: from skyrocketing home prices to skyrocketing interest rates, it was a year that kept everyone on their toes. But as experts predict a much-needed plateau in the housing market, not everyone […]
Today, form and function have melded to produce homes that are beautiful because of their sustainable features. Now, buyers can live more autonomously without sacrificing the luxury amenities they desire.
After failing to protect abortion access by codifying Roe v. Wade, the U.S. Senate on Tuesday completed the first step in codifying same-sex and interracial marriage with the Respect for Marriage Act.
This week, Byron Lazine and Nicole White discuss Americans living alone, Jason Oppenheim's Compass comments, and Left, Middle, Right.
REBNY's Committee on Ethics and Professional Practices found Alexander guilty of deliberately interfering with Fox Residential Group President Barbara Fox's broker-client relationships and interactions in a 2021 transaction at an Upper East Side condo.
Sales of new homes have suffered, but plenty of projects remain active. Homebuilders have yet to make steep cuts to their payrolls, according to the U.S. Bureau of Labor Statistics on Friday.
In the biggest decline in active listings since at least 2015, an average of 2 percent of all U.S. homes for sale were delisted during a 12-week period ending Nov. 20, according to data released Friday by Redfin.
Zoodealio is home offer marketplace that helps agents and their clients compare and respond to multiple types of offers a home.
Among Maxa's many features and presence-building capabilities, LeadingRE was attracted to its intricate brand asset controls, ideal for the multitude of brands under the company.
Social media platforms are evolving, and so are your Friends' browsing habits. As followers start to scroll instead of social, you may find yourself in new digital territory.
Whether the business is being passed from one generation to another or a successor is rising through the ranks, it's important to have a plan in place for continuing the leadership of your business after you've retired. Michael Zaransky offers a gameplan for thinking through your process and priorities.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Nov. 25 - Dec. 1, 2022.
Working with veterans may be different than working with other clients. But ultimately, our job as real estate professionals is to understand our clients and how to best serve them through one of the most significant purchases of their lives.
Rising rates and nervous consumers have set up the housing market for its "slowest fourth quarter in a decade," according to one economist.
Weeks after it reported losing nearly $1 billion in the third quarter, the leading iBuying company shook up its top executives. Founder Eric Wu was replaced as CEO by CFO Carrie Wheeler, and President Andrew Low Ah Kee has resigned.
Want to make sure your latest listing looks its best? Darryl Davis offers simple staging strategies to enhance every inch of that space.
After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C.
The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector.
Nationwide, home showing activity in October was down 27 percent year over year. In the West, the drop-off was nearly twice as steep.
Agents who sign on can access legal structuring and advisory services, a network of industry thought leaders, accountants, wealth managers and a variety of courses — including some by "Sell It Like Serhant."
Nine local brokerages will now share real-time anonymized buyer data and habits on the Buyer Graph platform, which enables agents and brokers to make quicker and more accurate pricing decisions.
The listings giant predicts a surge of interest in Midwest markets and a new crop of first-time landlords among other items.
Give your real estate business an immunity boost with marketing advice and strategies from top digital creators at Inman Connect New York Jan. 24-26, 2023.
If you’re serious about growing your business, this plan is for you. Jimmy Burgess goes over seven different activities, with a specific number of repetitions for each activity, that will produce results in any market environment.
You and your brokerage must always look ahead, stay nimble and anticipate the needs and expectations of tomorrow’s clients.
This week the spotlight shines on Leslie Guiley, managing broker of Side Inc. Arizona. Find out how she got her start and grew her business not just once but twice.
Strong leadership isn’t about never making mistakes, Livian CEO Adam Hergenrother writes. Here are the dos and don'ts that leaders should heed as we head into the new year.
The data does not suggest a steep drop in home prices is imminent, according to the report, but shows that different areas are facing lower and more elevated levels of risk as the U.S. economy remains in an uncertain area.
Daryl Fairweather also said during her Yahoo Finance appearance that "demand is very weak" as both homebuyers and sellers take a breather from the housing market.
Subsidiary of First Community Bank of Tennessee has also been recognized for its efforts to reach a diverse population of borrowers.
Broward, Palm Beaches and St. Lucie Realtors' "Only a Realtor" commercials are a "local contribution to creating a national movement," the association says.
Women in real estate in Toledo make 136 percent of the earnings of men in real estate in the city — the fourth highest in the country, survey says. Women also hold a majority of real estate jobs in the city at 59 percent of all real estate jobs.
Tenants can become short-term rental hosts for as much as half of the year under a new approach that connects renters with buildings that allow Airbnbs.
Dave Smith joined Keller Williams in 2021. He presided over the firm's lending efforts during a period of increasing difficulty for the mortgage business.
Now that earnings are in for the big box brokerages, the anticipated revenue decline is clear. But does it tell the whole story?
Today, conflicts of interest make top headline news daily and fuel the wrath of the DOJ and FTC. Greed is at the root of carelessly mixing business lines, which is why Brad Inman says separating ownership is often necessary to avoid conflicts.
Christie's International Real Estate Caribbean Affiliates will serve as a "network within a network," establishing a central source for listings, market data, marketing and cooperation among the separate Christie's International Real Estate affiliates in the Caribbean.
Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to an MBA lender survey.
This is the time of year when we're primed to start thinking about the future. That's why we want to know: What are you wishing for this holiday season?
Real estate marketing needs to be as personalized as possible for agents to best prepare for the market ahead, and its eventual rebound.
No bites on that multimillion dollar home? It may be the vibes. Find out how Dr. and Master Zhi Gang Sha creates feng shui fixes for luxury listings.
When you peel back the industry stigma of open houses, you'll find the only people who really complain about them are those who should be championing them — real estate agents.
Want to create an online presence but not sure where to start? Coach Darryl Davis offers the nuts-and-bolts elements that help you build an effective digital footprint from the ground up.
The launch marks the first time the accelerator, REACH, will accept applications from companies in a non-primarily English-speaking region. Real estate startups can apply through February, and the application is also available in Spanish by request.
The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country.
The gap between buying a home and renting one has widened since 2020, "The Wall Street Journal" reports. It now costs $3,058 a month to buy an entry-level home.
Do you know how much you need on hand to retire? Agent Lorraine Beato shares a cautionary tale about preparing now so that you are not selling homes well into your golden years to stay afloat.
Corcoran Group agents in Miami can now refer clients to the London-based Savills' global network and vice versa, allowing access to buyers and sellers in more than 70 countries.
The S&P Corelogic Case-Shiller Home Price Index reported a 10.6 percent annual gain in home prices during September, down from the previous month when they increased 12.9 percent.
Rents don’t historically fall during recessions, even as home prices do. Investors should keep the following in mind moving forward.
According to expert Drew Meyers, everyone's talking about proptech without even a whiff of the defining company in the category in the conversation. In fact, the largest proptech company is rarely mentioned.
Not sure how to make a decision or guide your clients to one? Author and trainer Bernice Ross provides a simple formula that leads to clarity and confidence for you and your clients.
Expert Gerard Splendore takes us back in time to when pastels and metals dominated the design world for kitchens and baths in the 1950s. This amazing time in design changes is still very popular today with those who love vintage fixtures
The proof is in the numbers as financial expert and self-proclaimed "cocktail" economist Peter Prudden dives into the unknown to try to determine what current market conditions may mean for the correction ahead.
Converting leads into clients isn’t easy, but knowing various types of clients and how to market to them will help. Chris Heller offers step-by-step strategies for capturing and converting the leads you need now.
The former president and CEO died of natural causes on Nov. 27, according to a company announcement. The company will continue to support Burleson's philanthropic efforts.
Brent Dobsch joins the Chicago-based real estate brokerage as chief financial officer, Dana Bina was promoted to chief technology officer and Branden Lopez joins the firm as director of legal.
Revive won the 2022 Pitch Battle sponsored by the National Association of Realtors, claiming a $15,000 prize from Second Century Ventures, NAR's technology focused, for-profit investment subsidiary.
A penthouse within a not-yet-developed luxury condo building on Fisher Island is asking $90 million, and at that price, the sale would blow previous records for condos in the area out of the water.
Cut through the online clutter and armchair quarterbacking of the real estate industry with these expert predictions from Windermere Real Estate Chief Economist Matthew Gardner.
Median home price growth has slowed the fastest in Austin, Phoenix and San Jose, with fellow pandemic boomtowns Las Vegas and Boise also seeing significant slowdowns.
David Parnes and James Harris of "Million Dollar Listing LA" share their secrets for success in helping investors in the shifting market. It will take thoughtful and savvy moves to keep investors purchasing into 2023.
Websites created on DoorLoop's system will be mobile responsive and allow rental property managers and owners to create a dynamic web presence that assists prospective tenants in viewing available units, completing applications and submitting background check data.
Frederick Townes, formerly chief product officer for Ready Education, joined Remine in April and came to the company following struggles over a string of controversies and public stumbles.
The luxury structure with diamond-shaped spires will include lavish amenities, such as a concierge team that provides bodyguard, daycare, chauffeur and private chef services.
Economists forecast mortgage rates will continue to fall as Federal Reserve minutes suggest policymakers are preparing to wind down an aggressive campaign to fight inflation.
Inman's 2022 Black Friday picks for real estate agents, brokers, clients and everyone else in their sphere is jam-packed with cutting-edge tech, home goods and so much more.
Sales of newly built homes climbed 7.5 percent between September and October to a seasonally adjusted rate of 632,000, according to data released Wednesday from the United States Census Bureau.
With ICE's acquisition of Black Knight pending, title insurer exercises right to buy back title search and order management solution.
This week, we're asking what you see as the most critical training that real estate agents need to pursue right now.
Zillow Senior Director of Broker Operations Matt Hendricks said the portal petitioned NAR to stop allowing MLSs to ban brokers from displaying MLS listings with non-MLS listings online.
In this month's Agent/Broker Perspective: A broker tries to hang onto his new agents who are discouraged by the tough market as well as a top producer who's showing signs of resentment.
As interest rates rise and the market shifts, some contract terms have become irrelevant, at least for the time being. Here’s what's hot and what’s not when negotiating offers today.
Ocusell's software uses a centralized hub model. It empowers brokerages and agents to create listing profiles using an intuitive, modernized content management system.
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company.
Led by team leader Jake Lipton, a team of 14 agents, who represented $51 million in sales volume in 2021, will move over to the Wilmington, Delaware, office of Coldwell Banker.
Long River Ranch spans 1,025 acres in Arcadia. Edward Lowe and his wife, Darlene Lowe, kept part-time residence there while maintaining a residence in their home state of Michigan.
Looking for something special to do before the last of fall has passed you by? Check out these fall event marketing ideas from Stacey Soleil.
This year's market may leave you feeling a little bittersweet about finding something to be thankful for. Trainer Rachael Hite outlines seven things agents can be grateful for, (even in a downturn).
The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis released Tuesday by Redfin, which examined real estate investment activity in 40 metros.
Homes near a Whole Foods or Trader Joe's boast higher values, but those near an Aldi grocery store offer something for real estate investors the others can't, according to data from Attom.
The Department of Housing and Urban Development on Monday announced it had prevailed in expanding flood insurance choices for homebuyers with Federal Housing Administration-insured mortgages.
Change now to confront the new reality, or face the prospects of losing market share or, even worse, going out of business. Carl Medford offers a gameplan to help you prep for what's ahead.
Inflation and mortgage rates took a hefty toll on homebuyers in October, with a record 60,000 home-purchase cancellations during the month, according to new data released Monday.
In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the firm had laid off workers and would now "be a company of less than 30 people."
Not sure how to get started on Instagram? Looking to up your game? Find out how to make it work from one of real estate's best, Sue "Pinky" Benson.
Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — "will remain in a way that has not occurred in over 40 years," economists say.
Daniel Montano, 28, an agent with RE/MAX Gold Coast in Ventura, California, was arrested on Nov. 17 for allegedly making false statements and forging his clients' signatures.
About This Webinar Learn how to give your buyer and seller presentations a significant upgrade with ACCESS. See how to quickly create beautiful presentations using professionally designed templates. Watch how to use and share built-in analytics that will give you important insights on who, how, when, and where your presentation is viewed. ACCESS is free […]
A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth.
The estates, located on coveted Meadow Lane, span more than eight acres and encompass multiple buildings, a pool, a tennis court, two putting greens and 350-degree water views.
If you're looking for an opportunity to expand your service or to take advantage of relocations to and from your area, licensure in multiple states may be the right option.
Positioning yourself as a local expert is a sure way to boost your business, your reputation and your credibility. Santiago Arana walks you through the process of developing your expertise so that you can wow both current and potential clients.
Offerpad's stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which would make it more difficult to buy and sell shares while scaring off investors.
Headquartered in Duck, the opening marks Sotheby's 21st affiliated shop in North Carolina and the sixth office overall for Landmark Sotheby's.
From "real estate specialist" to "transaction quarterback" and now "client concierge," new names for real estate agents come and go, Brad Inman writes. But seriously, do Realtors need a refresh?
Whether it’s a dinner-party soirée or an intimate gathering with family, the kitchen inevitably becomes the center of attention — so it’s only natural that kitchen design is top of mind.
After paymints.io deal, First American is evaluating additional third-party integrations to simplify transactions from point of sale to handing over the keys.
Shopping around can save thousands of dollars, but one in three prospective homebuyers only get a quote from one lender, Freddie Mac surveys show.
"People from many countries and all walks of life are calling to inquire about how they can be the next owner of this iconic property," the listing agent said about the birthplace of the truffle shuffle.
Agents at some of the California-based franchisee's 70-plus branches allege delayed commission payments and power outages as CEO Michael Mahon battles lawsuits on multiple fronts.
The Denver-based Corcoran Group affiliate's clients will now have access to More Lifestyle Management's services, which include personal assistants, home management, moving management, concierge services and event planning.
The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Nov. 11-17, 2022.
Sales of existing homes fell 5.9 percent to a seasonally adjusted rate of 4.43 million — 28.4 percent lower than in October 2021, according to data released Friday by the National Association of Realtors.
This week on The Real Word, Byron Lazine and Nicole White discuss the imminent mass exodus of real estate agents from the industry, lead gen myths and cryptocurrency coverage.
Aiming to compete with search portals, the National Association of Realtors will create a toolkit with resources, best practices and case studies that MLSs will be able to use if they choose to share listing data within a state.
Join us Jan. 24-26 at Inman Connect New York to gain insights on how to crush it and come out on top in 2023.
A number of updates have been put in place since HighNote rolled out its initial product more than 18 months ago. While its core competency remains in place, the company has added functionality for organization, information gathering and presentation editing.
It’s time to come together and give thanks for all we have and the people in our lives that make such a difference. Coach Darryl Davis shares fun ways to make the holiday season even more special.
The iBuyer has launched a new marketplace to connect homebuyers and sellers. The move comes as the housing market continues to slow and as iBuyers face gathering headwinds.
Because many agents wait to change offices until the end of the year, now is prime recruiting time. Trainer Bernice Ross takes you step by step through a process designed to help you take advantage of every opportunity.
How can you show your gratitude in a way that lets your clients or sphere of influence understand how much you truly appreciate them? Here are seven intentional, personal ways to say thank you this Thanksgiving.
The cuts are the second time the power buyer has reduced its workforce as the market has rapidly deteriorated this year.
Rhino announces it will acquire Deposify to create the "first end-to-end deposit management and compliance platform for the rental industry."
The power buyer previously cut 20 percent of its staff in August. The cuts come as the broader real estate industry grapples with soaring mortgage rates and slowing sales.
Ownly, a company that provides home builders a solution for online retail functionality, has established a couple of partnerships to further its goal of making buying new construction homes as easy as "couch to contract."
A key initiative for the trade group's 2023 President Kenny Parcell is a 'member activation tour' that will stop or host events in every U.S. state over the next year.
The former wife of the 45th president purchased the 5-bedroom, 5-and-a-half-bathroom compound in 1992 for $2.5M after her divorce from Donald Trump was finalized.
RoadRunner offers a technology-driven approach to sustainable waste management and recycling for large commercial enterprises, such as commercial property developments and rental communities.
While purchase loan applications were up 4 percent week over week, there's still "very little refinance incentive with rates so much higher than last year," MBA economist says.
Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans.
The Luczak Group includes 15 agents and five staff members and was previously one of the top-ranked Coldwell Banker teams in its region. The founder of the team Greg Luczak serves as its president.
Compass continued to burn cash in the latest quarter but also demonstrated a reduction in operating expenses as the company aims to break even in 2023, Mike DelPrete writes. With a historically high cash burn, Compass needs to cut faster and deeper than most other brokerages.
Confidence dropped to its lowest level among homebuilders seen since June 2012, according to the latest National Home Builders Association/Wells Fargo Housing Market Index on Wednesday.
Real CEO Tamir Poleg said Tuesday that the latest influx of agents will help further its tech adoption goals as it invests further in software, innovation and a strong online presence.
Homebuyers and real estate agents should team up with tech experts to ensure secure financial data and processes. Robert Siciliano offers real-world advice and insight for keeping transactions safer.
Whether you’re leaving for a new opportunity, because you’re mad or simply because you’re ready for a fresh start, there’s a right way and a wrong way to make a change. Here’s how to leave a brokerage on good terms, even when there are complex feelings involved.
Although many other agents refer to them as stop-bys or pop-bys, Darryl Davis calls these SMILE stops. These are one of the most fun-filled self-promotion ideas that any agent can use, no matter how long they have been in the business.
It only takes a minute or two to tweet, and it's worth it, according to author and trainer Bernice Ross. Have fun, engage with like-minded others, provide great content and watch Twitter help you grow your business in 2023.
Aaron Kirman's move will see his team become a brokerage that operates in partnership with Christie's. The move comes at a time when competition for talent is more intense than ever
Buyers need to earn at least $107,281 to afford the $2,682 monthly mortgage payment on the typical American home, according to a new report.
Zach Goldsmith was with Hilton & Hyland since 2007. In 2021, his two-person team netted $110 million in transaction volume.
All-items inflation rose 7.7 percent in October — down from September's 8.2 percent. Although its welcome news, housing economists say it'll take until 2023 for homebuyers to see the savings.
As Redfin winds down its operations, Opendoor and Offerpad are the last ones left for the most part — and they're both struggling. Was iBuying a flash in the pan or is everyone simply looking in the wrong direction?
Annual home price growth fell from 14 percent in the second quarter to below 9 percent,, according to the National Association of Realtors latest quarterly metro home price report, released Thursday.
Powered by Infinite Creator, Elliman Productions allows agents to capture photos and videos of listings on their smartphones and receive branded and edited content within 24 hours.
The co-working space lost $568 million in Q3, an improvement from the same period last year when it lost $802 million, according to earnings on Thursday. Its revenue hovered at $817 million, a 24 percent lift from 2021.
J.D. Power warns that the mortgage customer experience is increasingly commoditized, with few lenders finding the right formula to be seen as trusted advisers.
This week, the Broker Spotlight shines on Barb Betts of The RECollective headquartered in Long Beach, California.
Regardless of the market, a strategic approach to growth is necessary to sustain a business long-term. Stuart Siegel, Chief Strategy Officer for Engel & Völkers Americas, offers insights for sustainable growth no matter what conditions are prevailing.
Take advantage of the warmth associated with holiday memories when marketing your listings this year. Designer Antoinette Fargo offers tips for tablescapes and holiday decor that will win over homebuyers.
As Nicole carves its path, likely thousands of Realtors have had their flights canceled and are unable to reschedule, waiting to see if their reservations hold or exploring travel alternatives.
The company earned $600.5 million in revenue during the third quarter, but also lost $90.2 million — up from a loss of just $18.9 million in the third quarter of 2021 — amid a worsening housing market.
Do you want to persevere through the downtown? Focus on what you can control says CEO and expert Adam Hergenrother of Livian
San Diego-based BluPeak is the ninth credit union Black Knight has signed to use its mortgage loan origination system in the last 12 months.
The office in Bozeman marks The Agency's first foray in the state of Montana. Managing Partner Joy Vance who specializes in diverse luxury properties across Bozeman and Big Sky will lead the new office.
Pacaso owners now have elevated access to Alto, a luxury rideshare company, and Surf Air, a membership-based regional airline.
Purchase loan applications rose 1 percent last week despite latest Fed rate hike, but homebuyer demand for mortgages remained close to 2015 lows, according to the Mortgage Bankers Association.
Employee files suit in New York alleging the online mortgage company fired him less than an hour after he told them his daughter was born. More than a dozen others impacted, lawsuit says.
The layoffs are the second round of job cuts from the end-to-end platform pioneer this year. They also add to thousands of other real estate layoffs this year.
The full-floor penthouse at 220 Central Park South sold in an off-market transaction that marks one of Manhattan's biggest deals of the year.
Real estate employers added about as many jobs in September as would normally be expected this time of year, despite the market downturn.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Oct. 28 - Nov. 3, 2022.
"Buying Beverly Hills" drops Friday on Netflix. Here’s a look at the cast and some must-see moments to watch for this season.
It's the question everyone is asking right now, and the answer depends in part on your knowledge of the market and in part on the client's personal perspective. Jimmy Burgess talks to David Childers, president of Keeping Current Matters, to determine how to answer this essential query.
The company is seeking to vet real estate agents as well as it does buyers, seeking those who are tech-forward and able to provide as frictionless an experience as possible.
The New York-based luxury real estate brokerage reported consolidated revenues of $272.6 million in third-quarter earnings Thursday, compared to $354.2 million over the same period in 2021.
For first-time homebuyers and empty nesters, construction projects such as subdivisions, townhouse complexes and condominiums are often the perfect mix of convenience and ease.
This week: Falling pending sales activity, another option for convenient rent payments, and Left, Middle, Right.
Mr. Cooper, which had 8,200 employees at the end of last year, laid off 250 workers from its lending business during the first quarter and announced another 420 layoffs in June.
The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9 percent, according to a report.
Traveler bookings rose 12.5 percent, to $1.8 billion, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday.
With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73 percent from a year ago, to $23.7 billion.
Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data on Thursday.
From reality TV to horror films, we can't help but be fascinated by the houses, rooms and walls that surround the people we watch —love 'em or hate 'em.
In total, Opendoor suffered a net loss of $928 million between July and September, according to an earnings report Thursday. That's up from a loss of just $57 million during the third quarter of 2021.
Redfin data shows that Arizona and Nevada were the second and third most popular states respectively for people moving away from California in 2020.
Homes in white neighborhoods are valued twice as high as those in communities of color, even in places with otherwise similar housing stock, according to a study out this week.
High average daily rates helped spike Airbnb profits during the third quarter. But the company is preparing to roll out changes to make its prices clear, add competition among hosts.
Compass must waive broker fees for the first 25 Section 8 renters who lease a property through the brokerage, said New York's Attorney General, as part of the new terms to an April housing discrimination settlement.
The cuts affect approximately 550 people, Opendoor CEO Eric Wu said in a blog post Wednesday, and come amid a worsening housing market that has forced layoffs across the real estate industry.
Police have been called to the notorious Westfield home nearly 60 times since July 2019, a new report claims. But call logs suggest the supposed stalker hasn't been at the center of the complaints.
In today's complex market, it takes give-and-take on both sides of the transaction to make sure you get to the closing table. Broker Cara Ameer offers 10 solutions to keep a deal moving forward, no matter what the market throws at you.
After initial focus on mortgages, Rocket Rewards will be expanded to provide discounts on other "ecosystem" offerings including personal loans and solar panels.
EXp World Holdings revenue increased 12 percent to $1.2 billion during the third quarter of 2022; however, its profitability slid 81.5 percent to $4.4 million — a reflection of an increasingly choppy market.
Demand for purchase loans fell 1 percent last week compared to the week before, and was down 41 percent from a year ago, according to a new Mortgage Bankers Association survey released Wednesday.
As we launch into Indie Broker Month, tell us: What are the biggest challenges you are facing right now as an independent broker?
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market.
Developing highly successful and engaged Facebook groups takes time, commitment and a value-added perspective. Stacey Soleil shares tips from the best-of-the-best groups and the real estate agents who run them.
To flourish as the market changes, you must be able to persuade your sellers to price their homes correctly for market realities. Author and trainer Bernice Ross offers strategies and a script you can use to have difficult, but necessary, conversations.
Creating a strategy upfront isn't enough to keep your social media on point long-term, according to luxury marketing expert Laura Stace. Ensure that your social media presence is meaningful, engaging, and up-to-date by avoiding these common mistakes.
The latest funding round, led by Fifth Wall with participation by Fidelity National Financial, RWT Horizons and 1Sharpe Ventures, brings the total funding to date to $13.5 million.
The wayfinding technology assists people in navigating parking lots, interior walkways and around property grounds to arrive at the exact doorstep scheduled for showing.
Home prices posted a 0.5 percent decline between August and September and were up 11.4 percent from September 2021, according to new data
Broker and trainer Justine Jimenez Garcia shares how the National Association of Hispanic Real Estate Professionals (NAHREP) and its 10 Disciplines help Hispanic Realtors develop a path to personal wealth and optimal influence.
Francis Ford Coppola has leased the island for the past six years but also rented it out to visitors when he and his family were not using it through The Family Coppola Hideaways tourism company.
Labor Day was one of the busiest weekends in 2021, and this year might beat last. Here are the top 10 markets for Airbnb stays this weekend.
How can you provide value to local clients who are looking to venture overseas? And how can you identify and form relationships with foreign prospects when they could be located anywhere in the world?
If you want to be the best of the best, model yourself after the pattern they've laid down for you to follow. Jimmy Burgess offers seven top producer tried-and-true tips for achieving the career of your dreams.
The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100 million a year in response to an "extremely challenging" lending environment.
With the housing market in a measurable slowdown, the brokerage feels it necessary to shift strategies. "We want people who are serious about doing well in the real estate business."
The nonbank mortgage lender says 40-year, interest-only loans will help borrowers and investors who have been priced out of today's housing market.
Multiple real estate companies are seeing share prices fall to all-time lows. If they can't ultimately turn around their stock market performances, their falling share prices could have profound impacts on the real estate industry.
Byron Lazine and Nicole White discuss the real reason Zillow acquired ShowingTime, the hype behind the housing recession, and how "shrinkflation" could potentially change the game for consumers in 2023. Watch this week's TRW to stay on top of this week's biggest headlines, and prepare for what's next.
ShowingTeam's intent is ideal for new agents needing to learn a market, and can be used by brokers to tell top talent there's a system in place for handling the tasks that become mundane as you experience success.
Homeowners who fled Manhattan to Florida during the pandemic are responding to pressure from employers to return to offices in New York. Faced with sun and sand, some aren't ready.
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Aug. 26 - Sep. 1, 2022.
A rebalancing market can be painful for agents. But it also presents opportunities for them to show off their marketing prowess, C-suite executives said last month at Luxury Connect.
The average list-to-sale ratio clocked in under 100 percent for the first time since March 2021 in August, according to new data released Thursday by Redfin.
Dr. Nathan Connolly and Dr. Shani Mott alleged fair housing and civil rights violations after a second home appraisal came back $278,000 higher when they removed any indication of their race.
Get back to basics and stay ahead with these tips and advice on the biggest game changers agents and brokers should be implementing to stay one step ahead at ICLV.
Kelman and other real estate "tycoons" star in a "Shark Tank"-inspired competition called "Buy My House." The show debuts Friday on Netflix.
In a new Op-ed, Zillow Senior Director of Broker Operations Matt Hendricks says that Zillow strongly supports updating policies like the one announced by REcolorado because they empower consumers and provide a more accessible, transparent picture of what is on the market, helping them make better-informed real estate decisions.
The new zero down, zero closing cost mortgage Community Affordable Loan Solution is part of a $15 billion commitment to help 60,000 individuals and families purchase homes by 2025.