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Many renters struggle to meet basic needs: study

According to new research from the Urban Institute, renters are not only more likely than homeowners to find themselves in distress, they are also more likely to have difficulty digging themselves out of their financial issues. Source: click here

Pros and cons: 9 bathtub materials to consider

Owning a home is a perpetual investment. It requires routine inspections, regular maintenance and a broad range of additional expenses both predictable and unexpected. Potential buyers want to feel confident that their money is going toward their future comfort and security — not down the drain. Real estate agents have a responsibility to these buyers […]

Why Zillow is right to boot underperforming Premier Agents

The interwebs were abuzz last week with Zillow Group’s announcement that it is introducing a “CSAT” (customer satisfaction) component to its Premier Agent platform. Here’s Jay Thompson’s take. Source: click here

What the new Congress means for real estate

When it comes to real estate, don’t expect any sea changes coming from last night’s midterm election in which Democrats seized a majority in the House and Republicans tightened their control of the Senate. For one the housing market, unlike the stock market, does not make sudden moves based on events like elections. Buyers will […]

Realtor unearths family mementos left behind by homeowners, uses social media to track them down

While cleaning her home of 18 years to ready it for a sale, Realtor Connie Schwartzman noticed something unusual in one of the corners of the attic. A pink and blue baby book, full of jotted-down family memories, photos and animal stickers, had been left behind by a former owner of the building. An associate […]

Flat-fee brokerage Purplebricks reports growth in the US

Flat-fee brokerage Purplebricks reported Tuesday that its business in the U.S. is growing, and that overall the company is on track to meet its revenue goals. In a Tuesday earnings report, the company touted growth on multiple fronts. In the U.S., it now has 140 sales consultants and local real estate experts working across seven […]

Wells Fargo foreclosed on 500 people due to ‘calculation error’

Hundreds of people were foreclosed on and lost their homes thanks to an internal calculation error on the part of Wells Fargo, the bank confirmed Tuesday. The foreclosures happened after the homeowners had asked Wells Fargo for assistance in the form of modifications to their mortgages. However, an “automated calculation error regarding foreclosure attorneys’ fees” […]

Compass launches in Nashville

Compass‘ growing footprint has now officially expanded to Nashville, the real estate brokerage confirmed Wednesday. The New York City-based company first revealed it was eyeing the Music City for expansion when it announced its recent $400 million funding round. “Nashville is a market we’re particularly excited about,” Compass Chief Growth Officer Rob Lehman said in a […]

Breaking down the numbers: The true cost of opening a brokerage

Luke Monroe, the CEO and broker-owner of Kendrick Realty, shared with Inman his own recent experience opening his brokerage’s third office in California. Source: click here

Most Realtors get zero leads from personal websites: NAR

Should Realtors have personal websites? If their exclusive aim is to generate leads, NAR data offers a clear answer: Only if you’re willing to spend big. Source: click here

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