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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 […]

Airbnb launches new luxury service for high-end properties

In a move that will surely add heat to the already red-hot, short-term rental world, home sharing giant Airbnb announced a new service this week focused exclusively on luxury properties. Airbnb Luxe will provide guests with “access to unique and spectacular properties” as well as experiences that are “truly magical,” the company said in a statement. Properties […]

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

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

Wayfair employees protest, stage walkout over border camp furniture

Making good on their stated plan, scores of Wayfair employees walked off the job Wednesday to protest their company’s practice of selling supplies for use in immigrant detention camps near the U.S.-Mexico border. Photos from the walkout show crowds of protesters in Boston — where the online home furniture retail giant is based — holding signs […]

The top 10 challenges facing the real estate industry

The Counselors of Real Estate, an invitation-only professional organization of 1,100 real estate advisers and other professionals around the world, has revealed its annual list of the 10 top issues facing real estate. Source: click here

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