Inman Select was launched to provide real estate agents and brokers with a reliable, specific source for the news and information they need to thrive in the real estate industry. And it’s helped hundreds of real estate professionals identify areas for improvement, plan and execute change and stay on top of rapid industry shifts as legal […]
Now that a little time has passed since the announcement by Zillow that it will be “collaborating” on the purchase and sale of properties using its Instant Offers platform (currently being tested in Las Vegas and Phoenix markets), I’ve had the chance to think about what it might mean for organized real estate. Source: click […]
There is undeniable polarization happening in the U.S. luxury property market right now — well-positioned, high-end homes either sell quickly in the first few days, or they languish, says Laura Brady, president of luxury real estate marketplace Concierge Auctions. Source: click here
Many people are attracted to the wide world of real estate because of the flexible hours and unlimited income potential. However, according to the National Association of Realtors (NAR) the median gross income of Realtors was $42,500 in 2016. Source: click here
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, May 3 Zillow Mortgage Rate Ticker The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.39 percent, down four basis points from this time last week. The 30-year fixed mortgage rate fell late last week, then hovered around […]
Katerra, a Silicon Valley-based construction startup known for its innovative use of building technology, announced on Wednesday the acquisition of Fields Construction Company, one of the leading construction management entities in the Northeast. Under the acquisition, New Jersey-based Fields will begin deploying many of Katerra’s technologies, including a vertically integrated model of design, manufacturing, logistics […]
Your potential clients are all bombarded with hundreds if not thousands of advertising messages every day. Breaking through all that noise in order to be noticed is incredibly challenging. However, it’s not impossible. Source: click here
Keller Williams agents closed 213,071 transactions for a total of $62.7 billion in sales in the first quarter of 2018, according to the company’s latest earnings report. Those totals mark a 4.8 percent increase in transactions and 10.7 percent increase in total sales over last year’s first quarter. Source: click here
Sound off: What do you think of the National Association of Realtors’ proposal to raise annual dues for its 1.3 million members? The trade group’s 2019 budget proposal calls for a $35.5 million jump in annual spending for political advocacy, a transaction management platform for members and other initiatives. To pay for the increase, NAR […]
Re/Max Holdings, Inc. the public parent company of real estate giant Re/Max generated $52.6 million in revenue in the first quarter of 2018, an 11 percent increase over the same time period in 2017, according to its Q1 2018 earnings report released today. Source: click here
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