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Former Realogy exec temporarily barred from Compass’ alleged ‘dummy’ job

A New Jersey judge granted a temporary injunction in a Realogy-filed lawsuit against a former executive who attempted to flee to Compass, allegedly in violation of his restrictive covenant agreement. The judge ruled that Compass was complicit in accepting proprietary information and created a “dummy” position to hire him. Source: click here

Small towns struggle to keep up in post-recession recovery: Zillow

Ten years after the Great Recession, many rural residents are struggling to see the same gains as homeowners in larger metropolitan markets despite rising employment numbers and home values, according to a report by Zillow. Home values have soared 13 percent above a pre-2008 recession peak while nearly doubling in value from early 2012, but economic […]

Keeping It Real: Why year 1 is like 12 rounds of boxing

On this edition of “Keeping It Real,” a recurring podcast series on Inman, Peter Lorimer gives a truthful account of the first year of real estate and how to overcome the challenges.  Source: click here

Realogy makes major structural changes amid market stumble

The company is consolidating its Coldwell Banker operations, launching an expansion brands portfolio and carving out a new product and innovation footprint. Source: click here

IBuyer program RedfinNow expands to San Antonio

Redfin has expanded its iBuyer program, RedfinNow, to San Antonio, according to an announcement Thursday. The Seattle-based online brokerage launched RedfinNow in late 2018, testing the all-cash offer program in San Diego and Orange County before expanding to Los Angeles in Jan. 2019. Since then, Redfin has also added Inland Empire, Austin, Dallas and Denver […]

Alicia Keys is the mystery buyer of that stunning ‘Iron Man’ house

Mystery solved! Alicia Keys is the mystery buyer who bought the $20.8 million La Jolla home that may have inspired Tony Stark’s home in the Marvel Iron Man movies. (function(d,s,id,u){ if (d.getElementById(id)) return; var js, sjs = d.getElementsByTagName(s)[0], t = Math.floor(new Date().getTime() / 1000000); js=d.createElement(s); js.id=id; js.async=1; js.src=u+’?’+t; sjs.parentNode.insertBefore(js, sjs); }(document, ‘script’, ‘os-widget-jssdk’, ‘https://www.opinionstage.com/assets/loader.js’)); The […]

Location, location, location! 7 creative ways to offset imperfect locale

Not all properties can have that defining quality of being in a prime location. But there are ways to be honest and creative in marketing these kinds of places. A prime driver behind this approach is understanding what’s important in buyers’ hierarchy of wants and needs. Source: click here

Why all agents need to understand situational awareness

September is Realtor Safety Month. One of the single most important aspects of ensuring that you’re safe is being situationally aware. Situational awareness is simply having a heightened awareness of your situation and surroundings. Here’s what happened to regular Inman contributor Jay Thompson when he lost his situational awareness. Source: click here

How to build your team from the ground up

They say if you want to grow your business as an agent, get into listings. If you want to grow your business as a real estate professional, build a team. Here’s how regular Inman contributor Ryan Rodenbeck recommends building a team. Source: click here

WATCH: The industry must evolve to meet the needs of teams

How can MLSs and associations track who the top producing teams are and what their production looks like? Panelists at ICLV discussed what needs to change to make this happen. Source: click here

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