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Inman Connect San Francisco: Agent Connect Video Recap

An in-depth series of sessions and panel discussions revealing how top producing agents got to where they are today. Get actionable takeaways that you can implement now on everything from growing your book of business, to lead conversion, to choosing the right brokerage. Source: click here

The Real Word: Why real estate agents aren’t going anywhere

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll discuss Brad Inman’s Aug. 27 op-ed, “Why real estate agents will be in business forever.” Source: click here

Keller Williams’ AI assistant Kelle is learning Kung-Fu

Keller Williams today announced a partnership with artificial intelligence services company KUNGFU.AI to develop a new, contract-reading skill for Kelle, the brokerage’s artificial intelligence-based personal assistant. The skill will use computer vision technology to rapidly scan PDF-based real estate contracts that contain a mix of typed and handwritten text, identify and extract important business insights and deliver them to […]

Coldwell Banker’s CBx Seller Leads: Simple streamlined leads, no mobile app

CBx Seller Leads is the data-driven lead provider and management software for Coldwell Banker franchises. From a pure technical solution perspective, it’s an effective, minimalist way for brokers to assign, and agents to claim, new clients. Source: click here

How realtor.com just got way better at lead conversion

Last week, News Corp., owner of realtor.com in the U.S. and the majority owner of REA Group in Australia, announced the $210 million acquisition of lead qualification service Opcity. Why it matters: With this acquisition, realtor.com dives deeper into the lead conversion funnel in a major way. Opcity features a referral fee business model where customers are worth 36x more […]

Don’t blame baby boomers for surging home prices: Trulia

Baby boomers aged 65 and older have no sway on the affordability of housing in major markets like San Francisco, Los Angeles, Miami or New York City, according to a new study by Trulia, published Thursday. The conclusion — that seniors face the same affordability issues and rising rental rates as younger city dwellers — runs […]

Affording a home mortgage hasn’t been this difficult since 2009

Across the U.S. today, homebuyers need to spend 17.5 percent of their monthly income on their mortgage payments, according to Zillow’s second-quarter affordability study for 35 of the country’s largest markets. The second quarter of 2018 saw mortgage affordability — the share of median household income needed to make median monthly mortgage payments on a median-priced home […]

Are Uber, Waze and Tesla getting into real estate? Not exactly…

Uber Real Estate announced the launch of Uber Real Estate services, touting promises such as “Uber-like execution” for the real estate industry. Source: click here

4 alternative housing finance structures that could work

A Congressional Budget Office report says that over the next 10 years it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie Mae and Freddie Mac are expected to create. Source: click here

Returns on home-flipping fall to 4-year low

A shrinking market of distressed homes-for-sale and weakening buyer demand has pushed U.S. home flipping profits to their lowest level since 2014, according to a new report from Attom Data Solutions, a major property information firm. In the second quarter of 2018, the average gross return-on-investment (ROI) for flipped homes was 44.3 percent, marking a […]

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