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Real Estate News for Realtors and Brokers

Real estate daily market update: October 19, 2017
  Thu, 19 Oct 2017 22:00:49 +0000
  All the latest real estate market news ...

How to sell your tech company
  Thu, 19 Oct 2017 22:00:46 +0000
  CEO Duane LeGate started Commissions, Inc., the fastest growing real estate tech company, in 2011. Five years and five months later, he sold it for around 240 million dollars. Now with three sold companies under his belt, this serial entrepreneur is sharing a little bit about what it takes to cultivate a tech company and culture others want to buy. Watch LeGate share his story with Brad Inman and the ICSF 2017 audience ...

Climate change will plunge the real estate industry into chaos
  Thu, 19 Oct 2017 21:13:35 +0000
  NASA climate scientist Mika Tosca explains how more wildfires and more flooding will spell big trouble for properties around the world in the coming decades ...

Keycafe hubs convert shops, bars and delis into key storage
  Thu, 19 Oct 2017 20:54:43 +0000
  Security and convenience are often at war. And one major area where they intersect in real estate is in the shuffling of keys, whether they're being transferred to open the doors for a home tour, cleaning service or short-term guest ...

Mortgage fraud: Are you part of the problem?
  Thu, 19 Oct 2017 18:34:47 +0000
  There are lies and there are damn lies. Lies like the little white ones borrowers sometimes utter to improve their incomes just enough to qualify, or perhaps qualify for a better rate. And there are the whoppers some agents tell to, well, fleece unsuspecting clients ...

The biggest legal risks for real estate teams
  Thu, 19 Oct 2017 18:00:08 +0000
  Do you require team members to use a specific type of software, hold open houses on certain days, or attend regular meetings at your office? If so, the labor laws consider your team members to be employees not independent contractors.  ...

Where does Purplebricks stand one month after its U.S. launch?
  Thu, 19 Oct 2017 09:55:46 +0000
  Purplebricks, the online agent that has seen massive success while battering the incumbents in the U.K. market, launched in the U.S. about one month ago. Let’s take a deeper look at its launch, its tactics, the numbers and its next targets ...

Where does the NYC broker war with StreetEasy leave the industry?
  Thu, 19 Oct 2017 09:30:56 +0000
  The battle lines have been drawn, but the end is far from uncertain. And the ramifications for the rest of the real estate classified industry in the United States could be far-reaching ...

Post-hurricane investing: How to look for win-win opportunities
  Thu, 19 Oct 2017 09:15:30 +0000
  There have been (unlucky) 13 hurricanes so far in 2017 at the time of this article. Harvey, Irma and Maria have been the big three, causing massive devastation throughout Texas, Florida and the Caribbean, with especially destructive effects in Puerto Rico and the Virgin Islands ...

6 housewarming gifts buyers will actually use
  Thu, 19 Oct 2017 09:00:05 +0000
  Your clients just bought a new home and couldn’t be happier. What better way to congratulate them than to give them a great housewarming gift? Selecting something they'll actually like isn’t always easy though, especially if you don’t know them well ...

This fire map is a safe way for NorCal residents to check their home
  Thu, 19 Oct 2017 02:00:20 +0000
  Amid the destruction and sorrow caused by the Northern California wildfires, it seems a bit of positive news has surfaced: firefighters have been successful in containing 60 percent of the two largest fires, and weather reports indicate a chance of rain that could help extinguish additional flames. This news may leave residents anxious to return home -- and many have already begun doing so -- but there's a safer way to assess neighborhood damage: a satellite fire map ...

Real estate tracking app demo: Hacker Connect
  Thu, 19 Oct 2017 01:00:21 +0000
  Is the Dominos tracking app better than any real estate tracking app out there? Believe it or not, the answer to that questions used to be "yes". Fortunately, Shane Farkas of The Agency and Jess Martin of took the Inman Stage to explain how their new app is going to take the anxiety out of the real estate transaction by tracking every step of the way ...

Opendoor’s buying homes at a rate of $100M per month
  Wed, 18 Oct 2017 23:01:14 +0000
  Opendoor, a three-year-old San Francisco startup that uses technology to quickly buy and resell homes, reports that it's reached a $1.3 billion annual purchase rate, which rounds out monthly home purchases at about $100 million ...

Pacific Union International acquires Empire Realty
  Wed, 18 Oct 2017 21:54:21 +0000
  This is the third acquisition in the last 10 months for Pacific Union, following its merger with Beverly Hills firm Partners Trust in August ...

5 drywall texture techniques to create the perfect vibe
  Wed, 18 Oct 2017 21:15:00 +0000
  From the lightest of stipples to the heaviest of Mediterranean swirls, the texture on your walls and ceilings does a lot to create your home's specific look and feel. It can also be a fun way to change your home's appearance ...

Poll: Will you upgrade to the iPhone X?
  Wed, 18 Oct 2017 20:41:20 +0000
  Tell us if you're planning to pony up for Apple's new $999 gadget ...

How the mortgage tax break widens the racial divide
  Wed, 18 Oct 2017 19:31:59 +0000
  The mortgage interest deduction (MID) is one of the biggest drivers of racial housing inequality, a new report says. The report, published by the Institute on Assets and Social Policy at Brandeis University’s Heller School (IASP) and National Low Income Housing Coalition (NLIHC), comes on the heels of a recent report by Apartment List that found the federal government pays out more than twice as much to homeowners through MID than it spends on public housing programs ...

The Inman Files: Who is getting rich in real estate?
  Wed, 18 Oct 2017 19:26:37 +0000
  I have contacted Forbes Magazine about their Top 400 Richest People list because they obviously made an editing error, a grave omission. No one (almost no one) is included from the real estate services or real estate portal space. How could that be with well over $100 billion in real estate transaction fees and $15 billion in advertising spending floating around ...