Compass has a stable of newly acquired brokerages. It owns Contractually. And it has hundreds of software engineers on staff. But does the company know where it’s all headed? “We’re not yet at a stage where I have a very clear monetization strategy because we haven’t really talked about it,” Compass chief operating officer Maëlle Gavet said […]
It’s been nearly a month since two real estate consulting and data firms — Real Trends and T3 Sixty — each released their own rankings of the top brokerages in the U.S. But the battle between them is showing no signs of letting up. Steve Murray, president and editor of Real Trends | Credit: Real […]
Selling a home lately hasn’t been as big of a financial boon as it once was, according to the Q1 2019 U.S. Home Sales Report from Attom Data Solutions, released today. Homeowners who sold their home in Q1 2019 experienced an average price gain of $57,500 since purchase — a $2,500 quarter-over-quarter decline from Q4 2018 and […]
The highest-end properties that were sold last year spent an average 506 days on market, about a year and a half, according to Concierge Auctions. Source: click here
With some of the most expensive real estate in Canada, Vancouver has what may feel like a contradictory phenomenon: college kids living in luxury mansions for as little as $1,000 a month. The Shaughnessy area, which is close to the University of British Columbia and has an average home sales price of $1.8 million Canadian […]
Total Expert, a company that specializes in marketing software for the banking industry, announced a new tool today that will let users draw on data to create custom marketing campaigns for individuals throughout their lives and as they reach a stage of considering homeownership. Journey Creator, as the tool is called, is designed to let […]
Whether you are showing a seasonal rental or staging a new listing, bringing the freshness of spring to your listing’s design is a sure way to create excitement. We reached out to Interior Marketing Group (IMG) Founder and CEO Cheryl Eisen and Co-Staging Director Christina Slater for some advice on perking up home interiors for […]
Today’s up-and-coming homebuying generations, from the Millennials to Gen Z, are all about personalized service. It’s no secret; they expect it at every turn, and that includes their real estate transactions. This expectation has led to the rise of niche marketing, a strategy that relies on low-budget techniques like word-of-mouth marketing, referrals, and deliberately–placed ads. It […]
For years, our industry has fervently debated who really pays the commission — the buyer or the seller. This debate turned up at the final session of Inman Disconnect, where one attendee argued that it’s the buyers who actually pay the commission because it’s embedded in the purchase price. Here’s why this argument is wrong. […]
Counselor Realty isn’t a true cooperative, but it operates a lot like one. Almost 100 of the company’s agents are shareholder-partners, and they love it. Here, Andy Barns and Nick Dreher, the company’s CEO and director of growth, respectively, share more about this unusual brokerage model. Source: click here
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