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Real estate daily market update: January 31, 2018

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, January 31 Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week […]

Pacific Union Southern California hires former Compass VP Leah Sternberg

Leah Sternberg, formerly a regional vice president of Compass, has joined the California luxury brokerage Pacific Union International as its vice president of business development for Southern California, the company announced today. Credit: Leah Sternberg Sternberg’s appointment comes after Pacific Union, headquartered in the San Francisco Bay Area, made a number of brokerage acquisitions or […]

What happened when I Connected: The photo walk

Last week, in the early morning hours during Inman Connect New York, many attendees joined our Inman Connect Ambassadors to explore midtown Manhattan and capture some memorable moments before heading to the day’s speakers and sessions. This was just one of several activities the Ambassador team organized during Connect. We had everything from morning yoga […]

3 ways technology is shaping the modern open house

NEW YORK — With all of the gains in real estate technology over the past few years, traditional mainstays of the industry are becoming antiquated. This is most prevalent in the arena of traditional open houses. A convenient, high-tech experience “I think the future of open houses is all about the experience,“ Melissa Kwan, the […]

Haven’t found your ‘why’? Don’t give up

Have you found your “why” yet? Are you looking? Do you even know what I’m talking about? No worries, you’ll know it when it happens — and it will be life-changing. It’ll put your real estate career in perspective along with everything else you do, and that’s wonderfully comforting and motivating, particularly at year-end as […]

How to make investor clients your regulars

As a real estate agent, you know that landing investor clients can be a huge win for your business because investors potentially buy, and even sell, over and over again. However, do you know what investors want and expect from their agent? The following five things are likely what investor clients are asking for (even […]

MyPlanit won’t let you forget a single contact. Ever.

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. myPlanit is a time- and place-based activity tracking app for appointments, people and listings. Platforms: iOS Ideal for: All mobile-forward agents, teams and brokers in both traditional and luxury sales. Top selling points Timeline tracking of […]

The plan for Opendoor? Vertical integration and an IPO

Opendoor‘s future involves vertical integration, international expansion, and maybe an IPO, CEO Eric Wu said in an interview earlier this month. Wu shared some insights into his fast-growing company in a Facebook Live interview with Inman moderated by RealScout CEO Andrew Flachner. Wu founded Opendoor in 2014 and has raised $320 million in funding for the […]

5 home renovations that are a waste of money for homeowners

The last thing anyone wants to do is invest money, only to end up losing it. Home renovations are investments in the future return homeowners will make when selling their home. Although it may seem like every improvement will entice more buyers, and therefore, a bigger price tag, there are some renovations that incur a […]

Redfin says housing demand was ‘virtually flat’ for fourth month straight

Redfin’s Housing Demand Index, which is based on Redfin customers requesting home tours and writing offers across 15 major metro areas, fell 0.6 percentage points from November (128.3) to December (127.6) — the fourth consecutive month of “virtually flat” readings. The seasonally adjusted number of buyers requesting home tours and the number of buyers making offers […]

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