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Wither the buyer’s agent? Why the job is under threat

Even if the industry fends off the legal assault, other threats to buyer’s agents, including cracks in the MLS, are appearing. Source: click here

EXp World Holdings names first chief marketing officer

EXp is promoting Mitch Robinson, the current senior vice president of marketing and communications, to the newly created position. Source: click here

Pending home sales down annually for 17th straight month

The Pending Home Sales Index (PHS) ticked up from April to May by 1.1 percent but remains 0.7 percent below 2018 levels, marking the 17th straight month of year-over-year decreases, according to the latest data from the National Association of Realtors (NAR). NAR Chief Economist Lawrence Yun believes low interest rates are a big reason […]

Rex Tillerson buys Yankee baseball great’s Texas estate

More than a year after President Donald Trump fired him from his role as Secretary of State, Rex Tillerson is snapping up desirable real estate — the North Texas estate of baseball great Vernon Wells, in particular. Courtesy of Realtor.com The estate of the renowned former Yankee all-star center fielder is the definition of ostentatious […]

Stylish home designed by Ai Weiwei hits market for $5.25M

A home designed by renowned artist and Chinese political activist Ai Weiwei has hit the market for $5.25 million. Photo courtesy of Michael Bowman Photography Located two hours north of New York City in Ancram, the estate was envisioned as a weekend retreat for  Christopher Tsai, a longtime collector of Ai’s art. It’s the only […]

The major lesson I learned from 5 days without a phone

In a foreign land, Jay Thompson was robbed of his phone, literally. Here’s the eye-opening experience he had. Source: click here

7 myths buyers actually believe

Here are seven common misunderstandings that can ratchet up tensions in real estate transactions. Clear them up before they mess up your process. Source: click here

EXp Realty sued for trademark infringement … by EXP Realty

Weeks after announcing an expansion into New York City, eXp Realty has been hit with a lawsuit by a very similarly named brokerage. Source: click here

Trump creates affordable housing council, taps Ben Carson as chair

Amid a growing sense of national crisis over the cost of housing, President Trump created a new government council Tuesday and tasked it with clearing “regulatory barriers,” such as zoning, that get in the way of building new homes. Ben Carson | Credit: HUD Ben Carson — who leads the U.S. Department of Housing and […]

Zillow’s Zestimate now uses photos when valuing homes

The update relies on AI neural networks that can judge things like finishes and curb appeal. Source: click here

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