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Why Spencer Rascoff and Zillow aren’t out to get us

Reposted with permission from J Phillip Faranda. Yesterday, the housing world was rocked when Zillow announced that their CEO of 10 years, Spencer Rascoff, would be stepping aside and that co-founder and original CEO Rich Barton would be taking over again. I, of course, have thoughts — so does the rest of the housing world, […]

7 property marketing trends that need to die

Whether it’s a deceiving description, really unattractive listing photos or blurry videos — none of these strategies appeal to prospective buyers. These “tactics” for marketing listings just need to go away for good. Source: click here

Remine co-founder comes out swinging against detractors

After Remine announced it had raised $30 million, rumors began to swirl that MLS executives were among the firm’s undisclosed private investors. Source: click here

Sotheby’s achieves record year, despite industry-wide slowdown

Sotheby’s International Realty achieved a record year for sales volume amid the backdrop of a slowing market in 2018, the company announced Wednesday. Brokers and agents associated with the brand, a subsidiary of real estate franchise giant Realogy, closed more than $112 billion in sales volume, the highest annual sales volume performance in company history. […]

Pending home sales decline annually for 13th straight month

The National Association of Realtors (NAR) Pending Homes Sales Index, a forward-looking indicator based on contract signings, declined 2.3 percent year-over-year in January, the 13th straight month of year-over-year declines. In the short-term, however, the Pending Home Sales Index increased 4.6 percent to 103.2 in January, up from 98.7 in December. “A change in Federal Reserve policy and the […]

Compass scoops up Contactually, CRM-maker beloved by rivals

Compass is set to acquire Contactually, a cloud-based real estate software company with one of the industry’s leading customer relationship management systems. Contactually’s team of 32 engineers will join Compass’ 270-person tech team to further build out Compass’ CRM and its entire suite of products. Source: click here

WATCH: Creating killer video content for under $400

Get a down-and-dirty look at the must-have equipment and techniques agents need to make stellar video content for less than your monthly coffee budget from Coldwell Banker’s Gustavo Gonzalez. Source: click here

HAR.com and NTREIS now offering popular app to 73K Realtors for free

The Houston Association of Realtors (HAR) and North Texas Real Estate Information Systems (NTREIS) announced Wednesday that its pro-level iOS and Android app will now be available at no additional cost to 38,000 more subscribers of its MLS, making the total potential number of users above 73,000. Source: click here

WATCH: Selling to stay ahead of the market shift 

In this Inman Connect New York panel, hear from Compass California President Mark McLaughlin, who led the acquisition of Pacific Union International by Compass last year, as well as immoviewer North America’s Jeff Turner and ERA Franchise Systems’ Simon Chen about how the market shift is causing business owners to rethink their strategies. Source: click […]

Michael Jackson’s Neverland Ranch returns to market — with a massive $69M price cut

Michael Jackson’s storied but infamous Neverland Ranch has returned to the market — with a $69 million price cut curiously timed just weeks after a lawsuit filed by the King of Pop’s estate against HBO and it’s upcoming Finding Neverland documentary. Neverland Ranch, which has since been rebranded as Sycamore Valley Ranch, is now available for purchase […]

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