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Realty Executives International’s Rector family retires, sells remaining shares

Former Realty Executives International (REI) president and co-owner Rich Rector and his wife have an airtight plan to keep the company running as they transition into retirement. David Tedesco (Photo credit: True North Companies) Today, REI CEO David Tedesco announced that he bought the remaining shares of the company (for an amount company PR representative Nantale […]

How Trulia’s ‘computer vision’ is helping consumers find the perfect home

The human brain can fully process an image in 13 milliseconds and identify approximately 100 million colors, which is one of the reasons why sellers and agents alike still rely on and trust human appraisers more than online valuations, like Zillow’s Zestimates and Redfin Estimate.But online valuations, listings and search tools are benefiting from computer vision, […]

Getting from idea to execution in 1/10th the time

Ari Meisel of Leverage gives an overview of how to get more done in less time — especially when it comes to hiring for your business…. Source: click here

HouseLens unveils real estate photography marketplace for agents

Real estate agents are embracing the “on-demand” zeitgeist, increasingly answering email inquiries, firing off comparative market analyses (CMAs) and showing homes lickety-split.”As real estate agents rise to the occasion in this area, their vendors have to do the same,” says Andrew Crefeld, CEO of HouseLens, a real estate marketing services provider.To nudge real estate vendors toward an on-demand service […]

SmartZip acquires Reach150 and gets financing boost

SmartZip has just made a play to boost referrals to real estate agents through recommendations from past clients.The predictive marketing company has acquired Reach150, a company that offers a referral management system.At the same time, a key investor in Reach150, Toba Capital, made an equity investment in SmartZip to help integrate Reach150 and SmartZip’s SmartTargeting product […]

Why today’s job numbers aren’t a reprieve from a rate hike

Long-term interest rates have held a crucial edge today despite another outsize gain in payrolls. Job gains show increasing health, but low and stable wage increases have given us a stay of execution.Not a reprieve. It’s just matter of days or weeks until long rates break upward.The edge upon which we stand is 2.60 percent […]

The week in real estate industry deals: March 6-10

While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping every week’s noteworthy deals that didn’t make it into print (and some that did) for your perusal. This week’s deals March 6 Require […]

Real estate market recap, March 6-10

Check Inman every day for the daily version of this market roundup. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan […]

The week in industry hires and promotions: March 6-10, 2017

Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. Last week March 2 Anand Nallathambi CoreLogic President and CEO, Anand Nallathambi, passed away on March 2, 2017, after a brief illness. “On behalf of the CoreLogic Board of Directors and our employees, it is with deep sorrow that we announce […]

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