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Daily market update: July 6, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, July 6 Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week […]

Redfin first brokerage to launch Opendoor competitor

Redfin is testing a new program that allows homeowners to sell a property to Redfin for as little as a 7 percent commission. The high-tech Seattle-based brokerage revealed the service, called “Redfin Now,” in a recent filing for an IPO of $100 million. Its synergies with Redfin’s existing services and technology are extensive and position the […]

From Cheech and Chong to real estate: How one man’s career shift ended up saving a company

As far as Mike Barnett is concerned, “the day the music died” wasn’t February 3, 1959 — a fateful day in music history when a plane crash took the lives of rock ‘n’ rollers Buddy Holly, Ritchie Valens and the Big Bopper. For him, the music died in the mid 1980s with the advent of […]

Who’s on Real Trends’ Best Real Estate Agents list?

Real Trends has released its 2017 America’s Best Real Estate Agents list on the heels of its national rankings. The list, which is sponsored by Zillow Group and Trulia, ranks the most productive real estate agents by state and metropolitan area based on closed transaction sides and closed volume. More than 12,000 real estate agents from […]

What’s the first thing homesellers should do?

When it’s time to put a home on the market, that homeowner checklist immediately becomes a hundred miles long. Where to start? Source: click here

Is it easier to sell real estate in a good market or a bad one?

Favorable conditions in the real estate market can actually complicate business for top real estate agents. At that point, any agent, experienced or not, can come out of the woodwork and snatch up a listing — and the market will take care of it because it’s accelerating so fast. In addition, the cost of business goes up […]

Crazy Sh*t In Real Estate: Recognizing real estate agents for more than selling homes

Reposted with permission — show notes and credits here. In this episode, Leigh Brown interviews Kristina Rhodes, a Realtor from Indiana who works for FC Tucker Emge. Rhodes has been in real estate for 17 years and, at the same time, has volunteered for Make a Wish. Listen to find out how Realtors are making the effort […]

Struggling as a real estate investor? It’s not because of a housing bubble

Real estate has its ups and downs, like any investment, but when you’re dealing with a bubble, the risks are much higher. Many people are hesitant to invest under such circumstances because the risk of loss is high. However, if you’re struggling in real estate now, the problem isn’t a housing bubble. What is a […]

5 questions tech-savvy leaders should ask before choosing new technology

Save My Spot According to Harvard Business Review, 60-70% of change initiatives fail. Is your brokerage at risk for this as well? Brokerage tech has never been easier to acquire. But going down a digital dead-end can be costly in both resources and morale. Asking the right questions before going all-in on new tech will […]

3 major differences between U.S. and European real estate

I will never forget the exciting day when I agreed to buy the rights to franchise with Coldwell Banker in France and Monaco. It changed my life and brought great personal and professional benefits. I realized I needed Coldwell Banker because there was no way my regional French company could compete in the luxury market […]

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