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Opendoor takes aim at Florida, posts jobs in Orlando and Tampa

Opendoor, an “iBuyer” that makes quick offers on homes and can close in days, is gearing up to expand to Orlando and Tampa, Florida. The expansion will mean squaring off in new markets against competitor OfferPad and Zillow Instant Offers, an iBuyer marketplace that includes OfferPad but excludes Opendoor. Opendoor, which has raised more than $300 million […]

Daily market update: July 21, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Friday, July 21 Mortgage Rates Move Lower 30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for the week ending July 20, 2017, down from last week when it averaged 4.03 percent. A […]

Feast your eyes on the 7 most beautiful luxury listings in the world

In June, HGTV teamed up with Leading Real Estate Companies of the World and Luxury Portfolio International for its 2017 Ultimate House Hunt. The month-long showcase and contest featured the world’s most beautiful homes across eight categories, such as “Modern Masterpieces” and “International Homes.” “Each year we look forward to joining with HGTV and working with […]

The week in industry hires and promotions: July 17-21, 2017

Who got hired or promoted this week? Here’s our weekly rundown. From last week: Lizete Alves Nestio, a real-time marketing and leasing management platform, has announced that Lizete Alves joins the firm as its business development and partnerships director. In this role she will be responsible for solidifying the firm’s partnerships and integrations, and managing […]

Real estate market recap, July 17-21, 2017

Check Inman every day for the daily version of this market roundup. Day-by-day market activity: Friday, July 21 Mortgage Rates Move Lower 30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for the week ending July 20, 2017, down from last week when it averaged 4.03 percent. A year ago at this […]

The week in real estate industry deals: July 17-21, 2017

While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping every week’s noteworthy deals that didn’t make it into print (and some that did) for your perusal. We missed you last week! July […]

Should real estate agents host FSBO open houses?

Selling privately can be tempting for entrepreneurial sellers who believe it takes little effort to offload their rapidly appreciating home, and FSBO sales are perhaps even more tempting in these low inventory conditions, with homes flying off the market like hotcakes. Even so, according to the National Association of Realtors’ (NAR) 2016 Profile of Home […]

Agents can now add HouseLens video walkthroughs to Zillow listings

Real estate agents now have another way to highlight their listings on Zillow using 2017’s favorite medium: video. HouseLens, a provider of visual marketing solutions for the real estate industry, has joined forces with the real estate portal to integrate HouseLens professional walkthrough video tours on the site’s listing pages at no charge to agents. […]

How bad could the appraiser shortage get, and what are the solutions?

If you slept through all of 2016, then you might have missed the news that there weren’t enough appraisers last year for the properties that needed appraising. Between falling interest rates (and subsequent refinancing by homeowners) and a mostly-recovered housing market, appraisers were in hot demand and appraisals could take weeks to line up — […]

SmartZip launches new service to connect agents with ready sellers

In an inventory-starved, raging-hot seller’s market, finding homesellers who are ready to pull the trigger and connecting with them fast can mean the difference between becoming the real estate agent who lists that home and the agent who wishes she had. Predictive marketing company SmartZip, based in Pleasanton, California (a city that is no stranger […]

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