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Luxury real estate market got more competitive in Q4

Luxury home prices rose 7.4 percent year-over-year to $1.76 million in Q4 2017, according to Redfin’s latest real estate market report. Meanwhile, non-luxury homes experienced a 6-percent year-over-year increase to $333,000. While much of the luxury market has remained untouched by the widespread inventory shortage, Redfin found that inventory for homes priced at $1 million […]

Real estate daily market update: January 25, 2018

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, January 25 U.S. Census Bureau and the U.S. Department of Housing and Urban Development Monthly New Residential Sales, December 2017 New Home Sales: Sales of new single-family houses in December 2017 were at a seasonally […]

What exactly makes Compass different from other brokerages?

NEW YORK — Real estate brokerage Compass has attracted $808 million in funding and is valued at $1.8 billion, but many in the real estate industry wonder: What is it exactly that makes Compass different from other brokerages and therefore worth this kind of investment? At Inman Connect New York this week, that question remained […]

Realogy gearing up to challenge tech-savvy competitors

NEW YORK — Leveraging untapped real estate data and enhancing the agent experience across a litany of brands will take center stage as Realogy battles for market share against a growing army of tech-enabled competitors, the company’s CEO Ryan Schneider said in his first public comments since taking the reins this month. Amidst a corporate […]

Dick Costolo at ICNY 18: Authenticity is key to the future of social media

NEW YORK — Real estate professionals should focus on engagement, authenticity and storytelling as they navigate the future of social media, former Twitter CEO Dick Costolo said at Inman Connect New York on Thursday. As social media changes, those qualities are the ones that help people and businesses build and retain audiences. “The way you […]

ICNY 18: 4 lessons Airbnb can teach us about adapting to disruption

NEW YORK — A Fortune journalist and author of a new book on Airbnb had an important takeaway for the attendees of Inman Connect NY 2018 on Thursday: business leaders need to be willing to embrace change and lean in to unconventional thinking, or risk the kind of widespread disruption Airbnb continues to wreak on the hospitality […]

5 signs your client’s dream home is a fixer-upper

When a client comes to you in hopes of finding the perfect home, you’ll likely go through these standard questions: What type of home are you looking for? What does your ideal home look like? Do you have any indoor or outdoor space requirements? Do you have any deal-breakers? What are your must-haves? While your […]

ICNY 18: What real estate stands to lose from a net neutrality repeal

NEW YORK — The National Association of Realtors and Seattle-based brokerage Redfin doubled down on their previous attacks of the net neutrality repeal, warning that dismantling the two-year-old Open Internet Order could put real estate companies, homebuyers and individual Realtors at risk. “For Redfin, if it hadn’t been for net neutrality, we couldn’t have gone […]

6 tips for nailing the post-close follow-up

NEW YORK — A real estate agent’s job doesn’t end after the sale. Because referrals are so crucial to meeting new clients and expanding your base, a sale is just the beginning of a long-term relationship between agent and client. Caroline Bass “I believe [our success with referrals] is due to all of the practices […]

Take it from the pros: How to livestream in real estate

NEW YORK — Livestreaming video has become one of the more effective ways for real estate agents to market themselves, but striking the balance between overly dry and hokey schtick can be extremely difficult. At Inman Connect New York on Thursday, a trio of successful livestreaming agents gave the real estate crowd some insight into […]

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