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Opendoor raises $400M in funding from SoftBank

The company will use the money to accelerate integration of its in-house mortgage services, title services and buyer’s brokerage (via a recent acquisition of another startup, Open Listings) into its core offering to homesellers, and to continue its expansion from a current 16 markets to 50 markets by 2020. Source: click here

4 robots you can use in real estate right now

Although you might not let a robot negotiate a real estate deal on your behalf, you probably wouldn’t mind letting it handle all the grunt work, right? Here are four real estate robots that’ll change how you do business. Source: click here

Clients taking over your life? 10 tips for gently setting boundaries

When you set expectations from the start with your clients, you’re creating the tone for the collaborative process that is buying and selling real estate. We asked agents all over the country how they set boundaries and client expectations. Here’s what they said. Source: click here

8 tips to help you conquer your inbox every single day

Do you feel like technology, specifically your email inbox, is inundating you with so much information you can hardly keep your head above water? Check out these tips for taking back control and making your inboxes work for you instead of the other way around. Source: click here

Sotheby’s International Realty expands in China with new office

Sotheby’s International Realty is working to expand its footprint in China with the addition of a new affiliate in the nation’s largest city, Shanghai. Source: click here

Mortgage rate increases to 4.72%, highest level in over 7 years

Mortgage rates have continued their upward march to the highest level since April 2011, according to the latest Primary Mortgage Market Survey from Freddie Mac. The rate for a 30-year fixed-rate mortgage averaged 4.72 percent for the week of September 27 — only 0.6 percentage points from the recent 4.72 percent high seen on April 28, 2011.  Last week, the […]

Keller Williams gets into iBuying

Keller Williams has been quietly testing an iBuyer program for more than a year in an undisclosed market. Darryl Frost, a spokesperson for Keller Williams, told Inman the company has closed nearly 100 transactions, but it’s not ready to go to market; it’s still in the ideation stage. Source: click here

The Real Word: How the industry is showing its value to consumers

Watch Byron Lazine and Nicole White talk about BRIX Real Estate’s Simple Offer program that allows sellers to check out Opendoor’s investor bids right from the brokerage’s website. Source: click here

‘An extremely positive snowball effect’: Multiple listing services consolidate in New York, Illinois

Two MLS consolidation efforts were announced Tuesday, one in New York and another in Illinois. Source: click here

Why SoftBank is betting big on Opendoor, Compass and real estate tech

On the heels of its combined $800 million in funding for Opendoor and Compass, SoftBank sees opportunities to build successful, profitable, disruptive new businesses that leverage technology across the entire real estate supply chain. Source: click here

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