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Real estate execs charged in massive college fraud scheme

Several real estate developers and executives are among the dozens charged in federal court Tuesday in connection with an alleged massive scheme to facilitate cheating on college exams and bribe admissions officials and college varsity coaches to get their children into elite colleges and universities. Source: click here

New FEMA plan could make flood insurance more costly for some

Federal officials are reportedly exploring a new flood insurance reform plan that would rely more heavily on data, potentially offering homeowners more transparency about the risks they face while also driving up rates in some areas. The proposed plan would use data, referred to as “commercial catastrophe models,” to more accurately calculate the actual risk […]

WATCH: How do you compete as a team?

With teams, big or small, the product is a sum of its members who each bring varying talents to the table. In the age of signing bonuses and payout promises, what collaborative steps can teams take to ensure success in a shifting market? Source: click here

Flat-fee brokerage Redefy to go public

Redefy, a flat-fee brokerage that charges homeowners $3,500 to sell online, has announced plans to go public. The real estate company has entered into a definitive share exchange agreement with Mister Goody, a publicly traded management consulting firm. In order to become full Mr. Goody subsidiaries by the second quarter of 2019 Redefy will need to […]

National Association of Realtors takes on ‘Wall Street Journal’ op-ed

The National Association of Realtors and real estate tech startup REX are duking it out over the value of Realtors in the pages of “The Wall Street Journal.” Source: click here

‘Alexa — open Platinum Agent’

RE/MAX Platinum Living has developed an Alexa skill in-house that allows consumers to contact agents directly through their Amazon echo devices. Source: click here

Delinquency rates fall to pre-housing crisis levels: CoreLogic

The number of homeowners failing to make mortgage payments has dipped to levels unseen since before the 2008 housing crisis. Nationwide, only 4.1 percent of homeowners were delinquent on their mortgage in December, according to CoreLogic’s latest Loan Performance Insights report released Tuesday. Down from 5.3 percent in December 2017, the latest rate is the […]

‘This is just another home with a past’: Mansion where Phil Spector killed girlfriend hits the market

The estate where Phil Spector shot and killed his girlfriend is now on the market for $5.5 million. The famed music producer, who is currently serving a 19-year prison sentence for murder, was found guilty of fatally shooting girlfriend Lana Clarkson at his California estate in 2003. Hilton & Hyland agent Ladd Jackson is now tasked with […]

5 real estate dragons (and how to tame them)

Have you ever encountered a “dragon” in one of your deals? They come in many different varieties — the persnickety business manager or CPA, the testy attorney, the nit-picking inspector, the appraiser who doesn’t know the area, the helicopter parent and more. If you find yourself facing one of these flame-breathers, here’s how to tame […]

Amazon’s NYC HQ2 is dead: Whose voice matters in regards to controversial projects?

There are about 190,800 people in New York who are unemployed. The 25,000 jobs that would have come with Amazon HQ would have lowered the unemployment rate by 13 percent. Should 25,000 people have been denied the opportunity to bring food home to their families? Shouldn’t they have had a say too? Source: click here

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