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Startup aims to speed up property buying with digital currency blockchain

Calling all buyers who are tired of dealing with the hassles of paper: a new startup, ShelterZoom, wants to streamline how offers are made on listings with a website, app, and a widget that can be directly placed on real estate websites. The twist? ShelterZoom is built on the same technology that underpins the digital […]

Digital mortgage hasn’t made borrowers any happier: study

Agents, warn your clients: The mortgage process is slowing down, not speeding up. Despite greater use of technology, more and more borrowers applying online and fewer loans to go around, borrower satisfaction — as rated in the latest survey from market research company J.D. Power — declined this year, while the amount of time it […]

Facebook debuts ‘hundreds of thousands’ of rental listings

Facebook has expanded its digital Marketplace product to include a special section for housing rentals with listings from sources including Apartment List and Zumper. Before the partnership, the only rental listings on the Marketplace were user-created, and Facebook Product Manager Bowen Pan says having Apartment List and Zumper listings will expand the number and quality […]

StreetEasy is building Douglas Elliman’s new agent platform for 2018

Douglas Elliman is planning to start the new year with a bang, thanks to a new agent-facing platform created by StreetEasy and Bridge Interactive, the latter both subsidiaries of Zillow Group. The platform, which will replace the brokerage’s listings network Limo, will supposedly enable Douglas Elliman agents to quickly and seamlessly input, manage and market […]

Hurricane-proof livable yachts debut at Florida boat show

Apparently, the boat show is the hot new market for state-of-the-art housing. A solar-powered, 4,350-square-foot livable yacht, described as a hurricane-proof answer to rising sea levels, debuted at the Fort Lauderdale International Boat Show this week — and seafarers from New York to Indonesia have already expressed interested in the luxury vessel. Designed by Dutch […]

Redfin makes market share, revenue gains in the third quarter

In its second earnings call since going public in July, web-based brokerage service Redfin announced a 35-percent spike in year-over-year revenue to $109.5 million and profits of $39.3 million, according to a third quarter earnings call broadcasted online Thursday afternoon. Redfin Now, a four-month-old service that allows the brokerage to buy homes directly from customers, […]

Senate tax plan revealed: what it means for real estate

Republicans in the U.S. Senate released details of their own plan for tax reform, and they differ from both the current tax system and the House-led tax reform bill in significant ways, especially for real estate. Here are some of the big changes proposed by Senate Republicans in their tax reform bill, according to a […]

Digital real estate revenue now ‘core to character’ of News Corp

News Corp., the global company that owns and operates realtor.com through its subsidiary, Move Inc., reported $2.06 billion in revenue for the first quarter of fiscal year 2018, up from $1.97 billion the year prior, and net income of $87 million compared to nil in first quarter 2017. The digital real estate services segment of […]

Real estate industry reacts to Senate tax reform plan

The Senate Republicans’ tax reform plan has only been out for a few hours, but already, the reactions from prominent organizations and individuals in real estate are rolling in. Here’s a sampling of the ones we’ve received so far: National Association of Realtors (NAR) “While we are still reviewing the outlines of this proposal, we […]

How to think strategically about your technology choices

Watch co-founder and chief technology officer of Realty Austin Jonathan Boatwright, Pacific Union COO Brent Thomson and owner of The Boutique Real Estate Group Raj Qsar on the Inman stage as they discuss the different factors that drew them to the technology they use for their brokerage…. Source: click here

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