If real estate is a numbers game, the numbers are currently fairly depressing. According to the National Association of Realtors (NAR) there were approximately 2 million real estate agents in the United States in 2016. According to the Bureau of Labor Statistics (BLS), the median pay for real estate agents in 2016 was $46,410 per […]
The best way to stay on top of technology and social media is to make it your business to do so. Research it to death. There are two websites that are critical for success: YouTube Google Here’s a simple trick I use: Simply go to YouTube and Google, and type in “real estate technology.” Then […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, December 21 Freddie Mac Primary Mortgage Market Survey 30-year fixed-rate mortgage (FRM) averaged 3.94 percent with an average 0.5 point for the week ending December 21, 2017, up from last week when it averaged 3.93 […]
More than half of all homes sold by Redfin in 2017 resulted in bidding wars during a deeply competitive year, up from 49 percent last year. And 19 of the top 25 most cutthroat neighborhoods hailed from the Seattle metropolitan area, the very city where Redfin is headquartered, according to new data released today by […]
Newly announced hardware from Magic Leap, a secretive Florida startup that’s drawn millions in funding from tech giants like Google, could provide a boon to real estate tech companies looking to bring augmented reality (AR) and virtual reality (VR) technology to consumers. However there are still a number of barriers to making AR and VR […]
Inman’s 2017 Person of the Year is the iBuyer, who isn’t human, but represents a phenomenon sparking the most revolutionary change in how homes are sold since the advent of the MLS. The moniker “iBuyer” refers to a group of institutional investors leveraging technology companies to purchase homes instantly from sellers who desire convenience and […]
In what’s been a big year for politics, technology and real estate news, Inman’s most-read stories for 2017 touch on a wide range of topics pertinent to the industry. 1. Keller Williams branch fires agent over controversial Facebook post Photo: Rami Al-zayat / Unsplash Our most read story of the year covered Keller Williams Realty Black […]
Beyond the listing itself, buyers have much to consider when choosing the place they’ll call home: access to good schools and hospitals, proximity to their job and other important places, and the availability of amenities such as restaurants, shopping and entertainment. But according to the National Association of Realtors‘ (NAR) 2017 Community and Transportation Preference Survey, walkability, […]
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