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Mega MLS gets boost from AI, team features

Midwest Real Estate Data is set to become the first MLS in the nation to launch artificial intelligence-based compliance and listing input tools from tech startup Restb.ai for its more than 45,000 subscribers. Source: click here

Feds want looser data reporting regulations for smaller lenders

Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Source: click here

Real estate executive pleads guilty to home-flipping fraud, faces 200 years in prison

The owner of a Los Angeles area real estate firm pleaded guilty to running a home flipping scheme that scammed 25 victims out of $2 million. In April 2018, Daniel B. Vazquez Sr., 56, of Ladera Ranch just outside of L.A., was charged with 10 counts of mail and wire fraud related to collecting money […]

What’s the best day of the year to sell a home?

Thanks to softening mortgage rates and stabilizing home price growth, this year’s spring homebuying season is expected to be a busy one. Renewed demand provides sellers with an opportunity to receive higher offers — if they’re strategic about when to list. According to Attom Data Solutions latest analysis of 28.5 million home sales from 2011 […]

RE/MAX beats estimates with $71.2M revenue in Q1 2019

RE/MAX blew analysts’ expectations out of the water Thursday, reporting $71.2 million in revenue during the first three months of 2019. Leading into the report, analysts had expected RE/MAX revenue to merely hit $65.25 million, an increase of 24 percent year-over-year. In a statement Thursday, the company explained that revenue during the beginning of the […]

AskAvenue’s chatbot qualifies leads faster without replacing you

AskAvenue won Realogy’s FWD Innovation Summit award in 2015 and continues to evolve with its latest chatbot lead generation tool for real estate agents. Source: click here

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