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Coldwell Banker franchisee merges with San Diego indie

The brokerage now has 14 offices with nearly 1,000 agents and a combined $2 billion in sales volume in 2018. Source: click here

Mohamed Hadid must tear down spec mansion, judge rules

A judge has ordered Mohamed Hadid, a real estate developer and father of supermodels Gigi and Bella Hadid, to tear his Los Angeles spec mansion to the ground. Bella Hadid. Wikimedia. Named “Starship Enterprise,” the 30,000-square-foot spec mansion Hadid had started building has prompted several criminal and civil lawsuits due to its failure to abide […]

Another Softbank-backed real estate startup is wobbling

Co-founder leaves board of pre-fab construction startup Katerra in latest executive shakeoff, after report that it pulled out of a number of construction projects. Source: click here

Christie’s International agent in hot water after Lyft fight goes viral

On Monday, New Orleans resident Jasmine Yvette published an Instagram post in which she described the man in the photo of “beating me up and biting me.” Source: click here

39% of homesellers ‘somewhat likely’ to work with an iBuyer

Despite the interest and awareness of iBuyers, however, 92 percent still want to work with a Realtor, according to a new consumer survey by the Houston Association of Realtors. Source: click here

The Weeknd drops $21M on Los Angeles ‘mansion in the sky’

The Weeknd has closed a deal for an 18th-story Los Angeles penthouse for $21 million, according to reports. The apartment, which takes up the 18th floor of the luxury Beverly West condo development, boasts four bedrooms and floor-to-ceiling glass windows with views of the ocean and the city. The 8,200-square-foot space comes with a chef’s […]

A startup aimed at millennial renters has raised a $14M round

Paris-based Leavy.co, a startup aimed at millennials that rents rooms from travelers in order to sublease them, has raised a $14 million funding round, the company disclosed this week. The startup will use the cash to further expand a network of users that it says has grown to include 65,000 millennials, TechCrunch reports. It currently […]

Car-free cities, bidding wars and climate change will rule 2020

Redfin Chief Economist Daryl Fairweather shares what real estate trends she expects over the next year and beyond. Source: click here

How Smart Stay tech can ensure responsible property management for short-term rentals

Despite the constant churn of bad PR and increasing regulations, the short-term rental industry is still growing. The industry, according to Transparent Intelligence, grew by 33 percent from 2017 to 2018 to reach a total of 7.1 million properties. High tech’ stays (or Smart Stays) are increasingly becoming an essential element for the short-stay market […]

7 things buyers love to point out in the final walk-through

Don’t let last-minute snafus crimp your clients’ real estate transactions. Anticipate what could go wrong, and pay attention to the details to ensure walk-throughs are non-events. Source: click here

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