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NYC mayor sues Manhattan brokerage over allegedly illegal short-term rentals

The New York City Mayor’s Office of Special Enforcement filed a lawsuit Monday against a Manhattan-based brokerage and property management firm, accusing it of converting units at least five properties it manages or owns into illegal short-term rentals, including an entire building in East Harlem. Source: click here

Trulia hires a new chief economist

Popular home listing portal Trulia has hired Issi Romem to serve as the company’s new chief economist, giving him one of the highest profile platforms in the U.S. to discuss housing trends, the Zillow-owned company announced today. Romem previously worked as the chief economist at contractor search portal BuildZoom, and is also a fellow at Terner Center […]

A Mega Millions lottery winner is selling his estate for $26M

Rick Knudsen, who won $180 million in California’s Mega Millions lottery, is selling his luxurious mountain estate for $26 million. Courtesy of TheMLS.com In 2014, the former construction executive bought a $5 lottery ticket on his way home from the gym and ended up getting lucky — not long after cashing in $180 million, Knudsen, […]

Online homebuyer Knock picks up $400M in latest fundraising round

The online homebuying startup Knock has announced a new $400 million fundraising round, further intensifying the increasingly fierce competition in the growing space of similar tech-enabled homebuying companies (known collectively as “iBuyers“). Knock said its new funding comes in the form of both debt and equity. The Foundry Group, a venture capital firm, led the […]

Connect the Speakers: Samantha DeBianchi on helping clients build wealth

Samantha DeBianchi is one of Miami’s foremost real estate agents — she appears frequently on major news networks to talk about the market, and if anybody knows anything about growing a client base, it’s DeBianchi. She’s always looking for the hidden opportunities that can be found in any market, and she’s been preparing for this […]

Connect the Speakers: Katie Lance on learning how to systematize your social strategy

Social media expert Katie Lance has been advising agents for years on the best way to leverage the latest digital tools to grow their business, and she’s constantly thinking about new ways to help her clients get the most out of their social accounts. It’s her life’s mission to make sure that agents and brokers […]

Connect the Speakers: Daryl Fairweather on what to expect from the 2019 housing market

The study of economics involves just as much mastery over the vagaries of human behavior as it does market-based understandings — which is why Daryl Fairweather, who served as a senior behavioral economist at Amazon before landing at Redfin as the company’s chief economist, is such a perfect match for Redfin. “The housing market is […]

Listing Concierge makes marketing easy for Coldwell Banker agents

Listing Concierge is a web-based clearinghouse for marketing services for agents of Coldwell Banker NRT. Source: click here

Is BNTouch the CRM agent-mortgage teams need?

This software platform for mortgage brokers to find, nurture and close loans can benefit real estate agents too. Source: click here

How do sports stadiums impact real estate?

At an anticipated cost of $892 million, the proposed ballpark in Ybor City, Florida, for the Tampa Bay Rays baseball team would have just 28,216 seats, making it the smallest in the major leagues. But the stadium looms large for housing in the area, according to a report by Tex-X. Source: click here

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