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Are iBuyers a rip-off? Agents hold divergent views

Speakers at 2019 Inman Connect Las Vegas sparred on stage about iBuyers’ impact on and role in the real estate business. They shared their personal business practices and views, and it was clear that they all hold sharply contrasting views about the merit and true cost of these industry disruptors. Source: click here

Homeward CEO: ‘Opendoor and Redfin will look like the same company in 5 to 10 years’

Tim Heyl, a mega agent with Keller Williams and a budding tech entrepreneur, argues that the residential real estate industry’s business model is going in two directions, and that successful firms don’t want to be caught in the middle. Source: click here

Realogy’s new tech game plan? Chatbots, AI and next-gen search

Glenn Fitzgerald, vice president of Realogy’s tech division, discussed tools and technologies the real estate giant is investing in during an Inman Connect panel Monday. Source: click here

HouseCanary CEO: ‘70% of all transactions will be automated’

Douglas Elliman President Scott Durkin pushed back and slammed HouseCanary for ‘wanting a piece of our commission’ during an Inman Connect panel. Source: click here

C-suite to real estate agents: We aren’t doing enough to help you

CEO Connect panelists agreed that brokerages and industry associations can do more to help agents learn financial skills that aren’t often taught in the workplace. Source: click here

Zillow’s president: Still room for brokerages in ‘more joyful’ vision

What does it take for a nearly $10 billion company to pivot its business model? Onstage in front of about 300 executives at ICLV’s CEO Connect, Zillow President Greg Schwartz said it takes courage, but spent more time explaining his company’s new business model. Source: click here

‘New Kids’ pitch the future of real estate

At a session called “New Kids on the Block,” company leaders offered their solutions to agent pain points, including ways to boost their reputation, collect more referrals, easily fix poor photos and get more clients. Source: click here

Did Realogy just create a new industry standard for closing gifts?

The final 15 minutes of ICLV’s CEO Connect was supposed to be a broad discussion about the country’s biggest companies — Facebook, Amazon and Google — and whether they would ever substantially enter the real estate business. That was, until this morning, when Amazon and Realogy announced a new lead generation and referral partnership.  Source: […]

Real estate execs promise they don’t want to steal your data

One of the things that often gets lost when discussing major acquisitions by big companies is the individual agent, who goes from utilizing a startup’s service to potentially running a crucial part of a business on a competitor’s platform. It happened with Compass’ acquisition of the popular customer relationship management tool Contactually, as well as […]

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