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Considering switching to a 100% brokerage? Think it through

If seller commission expectations and a worsening “listing-inventory-to-agent-count” ratio have you thinking about moving to a 100-percent brokerage with the idea that change would lead to higher net income, here are some things that you ought to be considering.   Source: click here

How to nurture ‘friends’ into lifetime clients

With consumers fueled by digital information, social media has perfectly positioned us to create relationships — beyond just a name in your database. And savvy agents can do it at an extremely high level in a relatively short time using only the tools at their fingertips. Source: click here

Housing start data spells good news for recession fears: Economist

The inversion of the yield curve — when long-term interest rates drop below short-term interest rates — this week was seen as a warning sign to many that another recession was looming. But Friday morning’s housing start data means we shouldn’t sound the alarms just yet, according to Odeta Kushi, the deputy chief economist at […]

Millennials, move aside: Generation Z is already buying homes

Even as you worry about the myth of millennials not buying homes, a new demographic is already moving in on this territory. Generation Z, or children born from 1995 onward, is already starting to buy houses. According to a new TransUnion report, 14 million Generation Z consumers have some sort of credit balance in 2019. […]

Redfin temporarily closes 4 offices after veiled threat

An ex-Redfin contractor allegedly made what the company called “concerning comments” last week, prompting the tech-focused Seattle brokerage to temporarily close four Bay Area offices. The brokerage is working with local law enforcement to determine if there’s any real threat to Redfin employees. Source: click here

The Real Word: Zillow’s losing money, but not as much as before

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, Zillow lost $2,916 on every home it sold in Q2 on average. But this is a small price to pay for what it is gaining. Source: click here

Actor Rob Lowe slashes price of California mansion to $42.5M

Rob Lowe, the actor known for playing Sam Seaborn in the political drama The West Wing, just slashed the price of his swanky California mansion. The Agency Lowe and his wife, Sheryl Lowe, put the Montecito mansion for $47 million about a year ago. As first reported by realtor.com, the couple brought the price down to […]

WATCH: Getting things done in one click

At ICLV, executives from Reali, Redefy and Pre Open House talked about how they’re leveraging technology to make the real estate process easier for consumers. Source: click here

WATCH: How to break into the luxury market

Tiffany McQuaid, president of McQuaid and Company Real Estate Services, and Jeannette Spinelli, CEO and founder of Spinelli Residential Group Keller Williams, offered advice for navigating the luxury market in a conversation at Inman Connect Las Vegas. Source: click here

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