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3 essential social media platforms for newbie agents

When it comes to social media, it’s a bit of a jungle out there. To help new agents suss out what’s crucial, here are the top three platforms and some tips for how to make it all work with your marketing plan. Source: click here

SEC charges real estate developer with fraud in Ponzi scheme

The U.S. Securities and Exchange Commission (SEC) filed an emergency action Thursday against New York State real estate developer Robert Morgan, accusing him of fraud for siphoning and misusing investor funds. The SEC is seeking an asset freeze and other emergency relief, including the appointment of a temporary receiver over the relevant funds. Robert Morgan […]

Connect Las Vegas: Throwback to Compass and Realogy CEOs sharing their vision

Earlier this year, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage at Inman Connect New York to discuss their differing visions for the residential real estate market. What transpired was a powerful session that highlights two leaders shaping the future of real estate. If you’re a regular at Inman Connect, then […]

Amazon HQ2 sent home prices skyrocketing in VA neighborhood

Six months after Amazon said it would build a major office in Arlington County, Virginia, home prices in the area have risen by $110,000. Source: click here

KW, Realogy, RE/MAX and HomeServices slap back at ‘bombshell’ antitrust lawsuit

The big residential brokerage franchisors and holding companies filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry.  Source: click here

Famous California ‘Murder Mansion’ hits the market for $3.5M

The Los Feliz mansion, where cardiologist Harold Perelson once killed his wife with a hammer in 1959, is up for sale for $3.5 million. Source: click here

Opendoor CEO used scholarship cash to become big landlord

In college, Opendoor CEO Eric Wu was an enterprising, if geeky, young man. He used money from a scholarship at the University of Arizona to build a small rental empire during the housing boom, he revealed in a new CNBC profile. The article underlined his tech and property management expertise while offering some insight into how […]

An epic fall from grace: Realogy’s total stock collapse

NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. Realogy is also shedding more and more poor performing agents, I am told — something most brokers are afraid to […]

HUD rule would roll back transgender homeless protections

Federal regulators this week proposed a new rule that would roll back protections for transgender Americans in federally funded homeless shelters, raising the alarm bells of activists and advocacy groups. The proposed rule, which the Department of Housing and Urban Development (HUD) unveiled Wednesday, would let shelters with sex-segregated facilities consider gender identity or “sex as […]

America’s most expensive rental is available for $1.5M a month

While $1.5 million is the price of a very nice house in much of the United States, that’s how much it costs to rent this opulent Bel Air mansion for one month. Courtesy of Compass The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier […]

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