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Why agents shouldn’t worry about the iBuyer wave

Realogy and Keller Williams just announced iBuyer programs. So how should real estate agents weather these industry changes? Find out here. Source: click here

What today’s ultra-luxury buyers want might surprise you

There’s a tectonic shift taking place in the ultra-luxury market that may leave many of today’s mega-mansions languishing on the market. In fact, the very amenities that many people have valued in the past, may make their property worth less, rather than more. Source: click here

Redfin Estimate comes under fire for sudden price hikes

Does Redfin Estimate artificially inflate the value of certain homes, or is it just incredibly accurate and sensitive to changing market conditions? The founder of a low-fee brokerage attempted to get to the bottom of the valuation tool and found some startling results. Source: click here

Now buyers can get property alerts in minutes, not hours

Real estate industry software vendor WolfNet announced this week the rollout of PropertyPipeline, a tool that will allow its residential broker and agent customers to provide their clients with faster updates on when desired properties hit the market.  Source: click here

Sotheby’s International Realty adds 7th office in North Carolina

Competition in the Carolinas is heating up: Sotheby’s International Realty announced Monday the launch of Pine Sotheby’s International Realty, an independently owned and operated team of four agents that serves North Carolina’s Pinehurst, Southern Pines, Whispering Pines, Carthage, Aberdeen and Seven Lakes regions. Source: click here

Is blockchain a game-changer or a dead end?

Blockchain. It’s become a buzzword in real estate, but will it go the way of the QR code or actually change how the industry works? Source: click here

Real estate data startup Cherre raises $9M in seed round

New York-based Cherre, a startup that deploys artificial intelligence to pull real estate property data, has secured $9 million in a seed round, the company announced on Monday. Investment firm Navitas Capital led the round while Carthona Capital, Dreamit Ventures, iLookAbout and Red Swan Ventures were minority investors. New York Angels, Recursive Ventures, Sarona Ventures, Wharton […]

Uh-oh: High-risk home loans are on the rise again

Home prices across the U.S. have been on a mostly upward trajectory since the bottom of the recession. The conventional wisdom is that a recovered, growing economy and a dearth of housing stock (and construction) is causing prices to rise. But another factor may be playing a big role: increasing demand and high-risk home purchase […]

Knock now grades homes on scale from ‘Awesome’ to ‘Awful’

Home trade-in startup Knock wants to tell you if the house you so desire is “Awesome” or “Awful.” Knock Deals, a new search tool rolled out last week, uses machine learning and predictive analytics to rank listings based on their value to the buyer and seller. By predicting the final sale price, likelihood of price changes […]

Millennials and baby boomers are competing for the same homes

Baby boomer parents, now empty nesters, don’t need their large two-story home anymore — they want the same kind of home millennials want. Here’s what real estate pros should know about these two generations and the housing competition between them. Source: click here

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