An estimated $4 billion is forecasted to flow into the U.S. real estate technology (proptech) space in 2019, a record for the industry, according to a new report from CB Insights, but experts in the space say the industry hasn’t come close to reaching its peak. Source: click here
IBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Austin, Houston and San Antonio, as well as in Phoenix and Tucson in Arizona. The new service is […]
Real estate consulting firm T3 Sixty, the company behind the influential Swanepoel Mega 1000 rankings, announced Thursday that it has hired a pair of new vice presidents who previously worked as executives at the National Association of Realtors (NAR) and tech company Lone Wolf, respectively. Mark Lesswing, formerly of NAR, and Jonathan Peterson, who previously […]
The National Association of Realtors (NAR) Pending Homes Sales Index – a forward-looking indicator based on contract signings – dropped 2.5 percent from June to July, reversing a two-month trend of gains. Year-over-year contract signings were down 0.3 percent. “Super-low mortgage rates have not yet consistently pulled buyers back into the market,” NAR Chief Economist […]
The online brokerage believes that displaying buyer’s agent commissions will add transparency and lead to a more efficient housing marketplace. Source: click here
It’s easy to say iBuyers will fail when the market shifts, but there are many facets that we just aren’t looking at closely enough. What should agents be focused on? Find out here. Source: click here
Homebuyers and sellers have a plethora of options when it comes to buying and selling homes. There are more business models in the U.S. brokerage business than ever before. What do they care about most? Source: click here
You’ll likely come across buyers griping about commissions — probably because of their own experiences or poor representations of what agents actually do on reality TV or social media. Here are a handful of tips for showcasing your worth and combating the complaints. Source: click here
More than a third of U.S. homebuyers believe a recession is coming next year, according to new data from realtor.com, with many also saying they’ll halt their housing search if or when a downturn finally arrives. Source: click here
The move by The Laugesen Team in California follows a string of high-profile defections from Coldwell Banker NRT earlier this month. Source: click here
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