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Largest single-family rental company Invitation Homes sued for excessive late fees

Invitation Homes, the nation’s largest single-family rental company, is being sued for charging late fees that a plaintiff is arguing violates state law in all 12 states where the company rents homes. Source: click here

Pending home sales down 1.3% in April due to inventory shortages

The National Association of Realtors (NAR) Pending Home Sales Index (PHSI), a forward-looking indicator that tracks home sales in which a contract is signed but the sale has not yet closed, decreased 1.3 percent in the month of April to 106.4, down from an upwardly revised 107.8 in March. NAR chief economist Lawrence Yun said continued inventory […]

Do buyer ‘love’ letters risk violating fair housing?

Writing a love letter to a seller isn’t illegal, but if we discourage buyers from writing them, we might help promote fair housing. This year marks the 50th anniversary of the passage of the Fair Housing Act, and as such, we need to take a good hard look at the practice of using buyer “love” letters […]

Seattle startup FlyHomes raises $17M to make cash offers on behalf of buyers

Seattle brokerage FlyHomes raised $17 million to expand its Cash Offers program for homebuyers who need to compete with all-cash payments. Source: click here

Connect the ICSF Speakers: Managing a restless workforce

How can agents, tech companies and brokerages all move Faster, Better, Together? Learn how this July at Inman Connect San Francisco. Buy your ticket here, and remember that Select members get a $100 discount. Thinking of bringing your team? There are special onsite perks and discounts when you buy those tickets together too. Just contact us […]

How a luxury brokerage is using WeWork to expand across LA

PLG Estates’ brokerage owner Peter Lorimer and his wife and co-founder, Cindy, put a lot of effort into their three Los Angeles offices since starting up in 2010, but they were always getting asked by agents when they were going to open in other popular area neighborhoods such as Manhattan Beach, Pasadena or Playa Vista. […]

Fifth Wall Ventures launches new real estate tech investment fund

Fifth Wall Ventures, a venture capital firm that frequently puts money toward real estate tech, is raising even more funds toward new startups. Fifth Wall Ventures Retail Fund, a new investment fund, has already raised $60 million from two unidentified investors in an offering valued at $200 million, according to an SEC filing issued May […]

Realogy shifts investment strategy toward real estate technology

Two recent investments show real estate conglomerate Realogy putting its resources behind tech startups building tools for real estate agents. Source: click here

10+ tools that will make your writing more profesh

Whether you’re writing a description for a new property that’s entering the market, a sales contract for your customers or even a report for your boss, writing and publishing content is one of the best ways to communicate in real estate, and your carefully chosen words and photos can be used to educate, inspire and […]

How to use social proof to snatch more clients

It’s no secret that people show their approval of others and conform their actions in the form of feedback, likes, reviews, becoming followers and even joining in other people’s causes. When it comes to showcasing your brand, taking advantage of this phenomenon, known as social proof, is a no-brainer. Source: click here

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