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Sellers pulling homes off market ahead of Uber, Lyft IPOs

The influx of new money could lead to a robust market once the uncertainty wanes, according to a new report from Compass Chief Economist Selma Hepp. Source: click here

‘Off the rails’ real estate promo video ‘missed the mark,’ goes viral

A steamy real estate promo video featuring flirtatious models playfully chasing each other around a luxury pad has drawn ridicule from across the globe on social media, causing the red-faced Australian real estate franchise that originally posted it to quickly apologize and take the ad offline. LJ Hooker Bankstown, a Sydney-based brokerage, posted the video, in […]

Quicken to allow Vrbo short-term rental income for mortgage qualification

Quicken Loans and vacation rental company Vrbo are partnering to allow prospective buyers to use rental income on primary or secondary homes to qualify for a mortgage. Despite rental income often accounting for a large portion of an individual’s revenue stream, in the past that individual could not use that income to qualify for a […]

Connect Las Vegas: Top 10 networking tips

As the name suggests, our Inman Connect conference isn’t just about great speakers, sessions and learning. It’s about building relationships, meeting new friends, and making those in-person connections to help you grow your business. With Inman Connect Las Vegas approaching in July, it’s never too early to start planning who you’d like to meet, and how […]

Mondrian-mimicking home sells for $500K above asking price

A small San Francisco home painted to look like a Piet Mondrian painting sold for $500,000 above the asking price. Originally listed for $1.495 million, the two-bedroom, one-bathroom home sold for $2.05 million in March. It has become an appealing sight for many of its neighbors because it’s facade is painted in shades of blue, red and […]

Flat-fee brokerage Reali acquires mortgage lender

Flat-fee brokerage Reali announced Wednesday that it has acquired a loan company and is launching its own, in-house mortgage service. Reali Loans, as the new service has been dubbed, is the result of the company’s acquisition of Lenda, a mortgage startup with a tech platform that streamlines the lending process. In a statement, Reali said that […]

Agent/broker perspective: Can agents challenge their brokerage’s philanthropic pursuits?

In this monthly column, Anthony Askowitz explores a hypothetical Miami real estate situation from both sides of the broker/agent dynamic: An experienced top agent at a Miami real estate office has serious concerns about a social position taken by the company’s longtime charitable recipient. Source: click here

21 contract terms every agent should be able to explain with ease

As we go about our business, we sometimes forget that clients might not be familiar with common terms agents throw around without thinking (aka Realtor speak). Here are the 21 terms we consider most crucial for agents to explain to buyers and sellers without benefit of crib notes. Source: click here

The referral system that’ll land you 30 more deals per year

Most agents aren’t asking for referrals the right way or sometimes at all. If you’re not actively (and strategically) asking for referrals, you’re likely missing out on dozens of deals each year. Here’s how to effectively leverage your sphere of influence to close more referral deals. Source: click here

Bombshell NAR lawsuit: How much did sellers pay in buyer-side commission?

A recently filed lawsuit against NAR, among other big industry players, alleges that NAR-member agents, along with many of the country’s various multiple listing services, colluded to inflate Realtor commissions. Here’s a look at the commission numbers involved. Source: click here

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