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our goal is to help you stay informed by providing timely and interesting articles.

How trustworthy do your clients think you are?

A new national poll, commissioned by flat-fee brokerage Purplebricks, found that real estate agents and journalists are among the least trustworthy professions in American consumers’ minds.  Source: click here

How unproductive agents are bringing real estate down

Leaders of the Council of Multiple Listing Services (CMLS) urged their members to be part of the change in the industry as CMLS kicked off its annual conference Thursday. Source: click here

Black Knight to offer home wealth reports with click of a button

Real estate data and technology firm Black Knight is integrating Paragon, its MLS platform, with the Homebot marketing tool. Source: click here

Why SoftBank is betting big on Opendoor, Compass and real estate tech

On the heels of its combined $800 million in funding for Opendoor and Compass, SoftBank sees opportunities to build successful, profitable, disruptive new businesses that leverage technology across the entire real estate supply chain. Source: click here

Mortgage rate increases to 4.72%, highest level in over 7 years

Mortgage rates have continued their upward march to the highest level since April 2011, according to the latest Primary Mortgage Market Survey from Freddie Mac. The rate for a 30-year fixed-rate mortgage averaged 4.72 percent for the week of September 27 — only 0.6 percentage points from the recent 4.72 percent high seen on April 28, 2011.  Last week, the […]

Luxury Connect: Sally Forster Jones on Negotiating in a High-End Market

This summer we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it. Los Angeles agent Sally Forster Jones has been a luxury household […]

Pending home sales have fallen for eight months in a row

Pending home sales, in which a contract is signed but the sale has not yet closed, dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the latest National Association of Realtors Pending Home Sales Index, released Thursday. Low inventory and rising home prices propelled the latest decline, pulling the Pending Homes […]

Sale of infamous MS-13 house raises real estate disclosure issues

A young couple bought a Long Island home only to discover that the surrounding neighborhood was ground zero for the dangerous MS-13 gang. Source: click here

‘An extremely positive snowball effect’: Multiple listing services consolidate in New York, Illinois

Two MLS consolidation efforts were announced Tuesday, one in New York and another in Illinois. Source: click here

Compass raises another $400M

The funding round includes additional participation from Wellington, IVP and Fidelity. To date, Compass has raised $1.2 billion in venture capital funding. Source: click here

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