We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average […]
Buyer’s agency creates expectations from and for both parties. Agents need clients to represent (that is how we get paid), and most buyers need guidance to complete a real estate purchase. Agents and buyers seek a mutually beneficial relationship. This could be the start of a beautiful relationship! Agency representation involves give and take: What does each side expect, and what are they willing to […]
Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. WellcomeMat is a platform for managing and marketing real estate video. Platforms: Browser-based; mobile-ready Ideal for: Marketing-savvy brokers who incorporate or plan to incorporate video marketing; brokerages with in-house marketing staff Top selling pointsHighly versatile (multiple […]
In Episode 2 of Agent Insight, broker Chris Lazarus sits down with Rick Guerrero who is the director of branch sales and strategic partnerships with US Mortgage Corp. to discuss creating relationships via social media and other networking avenues.Chris Lazarus is the principal broker and COO of Sellect Realty…. Source: click here
How much money do homesellers leave on the table if they sell to Opendoor, the property-exchange platform that’s raised $320 million?A look at Opendoor’s listings in Las Vegas, the company’s latest market, points toward the answer.On March 17, Opendoor was trying to sell its Las Vegas listings for an average of 6.13 percent more than it […]
After rising to their highest level in almost a decade, existing-home sales slackened in February, with an inventory shortage continuing to constrain the market. Existing-home sales — completed transactions that include single-family homes, townhomes, condominiums and co-ops — slid 3.7 percent month over month to a seasonally adjusted annual rate of 5.45 million in February, but remained up by 5.4 […]
What does it look like when a federal department changes its mind?And if that department’s opinion has been offered in an ongoing court case involving a federal agency — what does that mean?This is the current scenario describing the Department of Justice’s (DOJ’s) stance toward the Consumer Financial Protection Bureau (CFPB), which is currently embroiled in a regulatory […]
Kevin Thompson Senior global luxury marketing executive Kevin Thompson has been appointed as chief marketing officer at Sotheby’s International Realty Affiliates. Thompson will be responsible for spearheading the global media program for Sotheby’s International Realty. He was most recently vice president of marketing and customer experience for Simon Property Group, a global retail real estate […]
Some real estate professionals may want to add 3-D home tours to their marketing repertoire but aren’t ready to cough up the cash for the necessary hardware.Realvision Tours has been trying to remove this barrier by making it possible to capture 3-D tours with off-the-shelf cameras. The company recently bagged $1.3 million in a seed funding round to fuel this effort.Photogaphers can […]
By Angela Hawksford; reposted with permission from AIM Group‘s Classified Intelligence Report. If there’s one thing Australians love, it’s a good underdog story. And the separation of Domain Group from Fairfax Media is shaping up to be just that. AIM Group‘s has been on the back foot ever since the property portal wars heated up a […]
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