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Zillow Prize will award $1M to the person or team who most improves Zestimate

In 2009, Netflix gave $1 million to BellKor’s Pragmatic Chaos technology team for building a better movie rating prediction algorithm (to the tune of 10.06 percent) than the one Netflix had been using. It appears that 2017 is the year Zillow follows in the media platform’s footsteps; the company just announced Zillow Prize, which will […]

CBO Greg Schwartz on Zillow Instant Offers: ‘We come in peace’

On Monday, Zillow launched a test in Orlando and Las Vegas. The product we’re testing, Zillow Instant Offers, enables potential sellers to receive non-binding quotes from up to five investors (some of whom will fix and flip; others who will rent out the properties) and compare the offers side-by-side with a CMA from a real […]

Daily market update: May 25, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio News from earlier this week Wednesday, May 24 National Association of Realtors: Existing-home sales (and days on market) dropped in April The March 2017 existing-home sales […]

NAR politics, Instant Offers and a noisy week in real estate

NAR’s midyear meetings took place in Washington, D.C., last week. I was just finishing up a recap when two other big stories dropped. Credit unions are buying up brokerages Banks are prohibited from opening real estate brokerages. Credit unions, on the other hand, are not. Steve Murray of Real Trends says credit unions are rapidly […]

Crazy Sh*t In Real Estate Episode 34: Getting through the ugly side of real estate

Reposted with permission — show notes and credits available here. In this episode, Leigh welcomes Orlando, Florida, Realtor Veronica Figueroa. Unbelievable encounters with squatters, agents gone rogue and agents who can’t control their temper when the sale goes south … yes, she’s dealt with it all. She will also share her most important insights and advice for […]

Why you should work with buyers, sellers and renters

Many agents begin their career as buyer‘s agents with the long-term goal of becoming a listing agent. Ideally, the buyers you represent in the early years of your career will eventually “upsize” or retire and hire you as their listing agent. A popular alternative to this model is to join a team and work the […]

The problem with cold outbound prospecting in real estate

Where do people go wrong with their prospecting efforts? Why do people fail to recognize the problem with cold outbound prospecting? In this clip you’ll learn about the importance of putting time, effort, money and resources into the right leads so you can get “now business.” “A lot of people put so much of their time […]

2 quick tips to make your client relationships even stronger

As an agent, you can’t always control the many variables that impact the client experience, but you can control your client relationships. Set yourself apart and make a real connection with your clients by personalizing presentations, being proactive and creating the “wow” factor. Watch to learn how…. Source: click here

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