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Former brokerage sues Zillow for patent infringement

A company called Corus Realty Holdings has filed a federal lawsuit against Zillow Group and two of its subsidiaries, Zillow and Trulia, alleging patent infringement. Source: click here

‘Skip all the stress and uncertainty’: Check out Opendoor’s new video ads

Opendoor is launching a new ad campaign featuring absurdist-style videos about how hard it is to sell a home the traditional way — with a real estate agent. Source: click here

Inman Announces Another 16 Sponsors for ICSF18

Tallahassee, Fla. (June 12, 2018) – Inman Group announced 16 additional companies that will be sponsoring Inman Connect in San Francisco, July 17 – 20, 2018. Inman Connect is a semi-annual event that attracts more than 4,000 of the top performers and leaders in real estate to network, deal make and learn what’s next. Each […]

Zillow’s new presidents and promotions show it’s serious about Instant Offers

Zillow has appointed Jeremy Wacksman as its first president and Arik Prawer as president of its Homes division, both in key roles overseeing the growth of Zillow Instant Offers, the portal’s year-old program to give homesellers an instant cash offer on their home, which they can accept or refuse in favor of listing on the […]

The reason this wealthy Connecticut town banned for-sale signs might surprise you

If you’re a real estate agent in New Canaan, Connecticut, tough luck putting up for-sale signs in front of a listing — the city just banned them from the area entirely. Last week, the board of Realtors for the affluent Connecticut town voted to ban agents from putting up for-sale signs in front of homes […]

The city with the highest percentage of vacation and investment homes is …

Buyers in Oklahoma are embracing the state’s “Boomer Sooner” spirit by snapping up additional properties to be used as vacation, investment or second homes. According to LendingTree’s latest real estate market analysis, Oklahoma City has the highest share of non-owner occupied mortgages (15.4 percent) out of the 50 largest cities in the United States. The […]

How this real estate brokerage is brewing up culture, retention and fun

Best practices suggest agents leave notes in a client relationship manager (CRM) about leads and clients. For example, “Wants a view of the mountains,” or “Has not been pre-approved,” might be common notations. But if you’re an agent with Crown Point, Indiana-based Prime Real Estate, something along the lines of, “Loves our porter” or “Bring […]

Why ‘Uberization’ and tech will never trump quality agents

One of the biggest myths I’ve found in the real estate tech world is that of the imminent “Uberization of real estate.” Simply put, this theory claims that technology will disrupt the real estate industry by directly matching buyers and sellers (like Uber does with drivers and riders), thus eliminating the need for the real […]

Sotheby’s International Realty offers customizable luxury magazine to affiliates

Sotheby’s International Realty (SIR) Affiliates and the Dow Jones Media Group are partnering to publish a new bespoke luxury lifestyle magazine, Reside, which will be available in physical form and online. Source: click here

How iBuyers could break MLS data quality

Zillow’s Instant Offers got me thinking about what the net effect might be if even a few percent of listings go the iBuyer route and what that means for the MLS. Source: click here

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