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The Real Word: What we know about Zillow’s Premiere Agent program

At a recent closed-door event in Boston, president of media and marketplace at Zillow Group, Greg Schwartz, spoke to approximately 100 top agents about Primer Agent 4, which has begun its implementation phase in select markets. Here’s what we learned.  Source: click here

Existing-home sales fall to 3-year low in September

Existing-home sales dropped 3.4 percent to a seasonally adjusted 5.15 million units in September, according to the National Association of Realtors’s monthly existing-home sales report, released Friday. The decline marks the sixth-consecutive month of flat or falling sales and the slowest sales pace since November 2015. Total inventory decreased 1.91 million in August to 1.88 million in […]

In Pictures: Luxury Connect’s Luxury Bash

Held on the rooftop of the beautiful Beverly Wilshire Hotel in Beverly Hills, Luxury Connect’s attendees mingled, networked and relaxed together on Wednesday night after a day of learning, exclusive activities and inspiration. Sponsored by Sotheby’s International Realty, it was a wonderful evening to cap a great day.   Source: click here

Fair lending policy director to be investigated for racial blog posts

The Consumer Financial Protection Bureau has asked an independent oversight group to investigate racial remarks made 14 years ago by its top enforcement director, the Wall Street Journal reports. Mick Mulvaney, the acting director of the CFPB, sent the request to the inspector general’s office for the Federal Reserve following the resurfacing of blog posts written by […]

$10M Houston mansion most expensive foreclosed home in US

A Houston mansion boasting five bedroom, nine bathrooms and 15,000 square feet of space is now the country’s most expensive foreclosed property, clocking in at $9.75 million after the original price was slashed from $15.9 million.   Located in the upscale River Oaks neighborhood, the mansion “features a wealth of amenities including meticulously manicured grounds, a […]

NAR warns government may crack down on real estate teams

The trade group warned that as teams become more ubiquitous, they will attract the attention of regulators. Already, 24 states have laws in place regarding real estate teams, NAR said. Source: click here

Trump admin proposes new tax-break rules for developers

The Trump Administration proposed new guidelines Friday that would create tax incentives for developers to build in so-called “Opportunity Zones.” Source: click here

How to work better with international clients

The key to working with international clients is understanding the cultures of their home countries. Getting it right pleases your clients and can open a floodgate of referrals. Source: click here

CertifID will now cover up to $1M in wire fraud protection

CertifID, a company providing security and authentication software, just raised its customer guarantee to cover up to $1 million in losses. Aimed specifically at real estate and title companies, the startup uses two-factor authentication and digital device analysis to verify the identity of both sides of the money-transfer transaction. The increased protection guarantee means that, should […]

Opendoor is using a $1,000 credit to nudge buyers toward its partner agents and homes

The startup is now offering a more prominent $1,000 credit for buyers who choose to purchase one of the homes Opendoor has for sale, whether they do so directly on their own or by using one of Opendoor’s “partner agents.” Source: click here

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