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Traditional brokerage or tech company: How is Compass being valued?

Reposted with permission from Mike DelPrete. Part 1 of this series took a detailed look at Compass’ growth strategies, while part 2 examined if Compass is a tech company or a traditional brokerage. Irrespective of the answer, Compass unquestionably needs to be a technology company — both to support its massive valuation and to be […]

New-home sales drop from March but are up annually

Sales of new single-family homes dropped 6.9 percent from March to April, but are up 7 percent year-over-year, according to the latest data released Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development.  “Sales fell after a huge jump in March, despite interest rates moving lower and aiding affordability,” Tendayi Kapfidze, […]

America’s most expensive rental is available for $1.5M a month

While $1.5 million is the price of a very nice house in much of the United States, that’s how much it costs to rent this opulent Bel Air mansion for one month. Courtesy of Compass The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier […]

Want to rise above your competition? Try these 5 pro moves

In real estate, showcasing your professionalism is how you get business. It’s how you convince buyers and sellers to work with you over the plethora of other agents out there. What can you do to exhibit competence and display your skillset to past and future clients? Here are five pro moves that’ll set you apart […]

HUD rule would roll back transgender homeless protections

Federal regulators this week proposed a new rule that would roll back protections for transgender Americans in federally funded homeless shelters, raising the alarm bells of activists and advocacy groups. The proposed rule, which the Department of Housing and Urban Development (HUD) unveiled Wednesday, would let shelters with sex-segregated facilities consider gender identity or “sex as […]

3 essential social media platforms for newbie agents

When it comes to social media, it’s a bit of a jungle out there. To help new agents suss out what’s crucial, here are the top three platforms and some tips for how to make it all work with your marketing plan. Source: click here

Moving to a new market? Here’s how to start on the right foot

To offer your clients the most valuable service, you have to learn everything your prospects might want to know about your new market. If you find yourself starting over, here are some tips to make it a little bit easier. Source: click here

Why don’t we think about clients’ specific needs?

Other than that narrow exception that agents make for first-time homebuyers, agents don’t think of clients as having specialized needs that require customized solutions. Instead, agents provide a cookie-cutter approach to standardized service with the same scripts, the same materials, the same programs. That needs to change. Here’s how. Source: click here

We’re better than this: Stop trolling other Realtors

In case you missed it, when the National Association of Realtors announced that President Donald Trump would speak at NAR Midyear, trolling from both sides of the aisle ensued. Here’s why it’s not only unprofessional, but also against the Code of Ethics. Source: click here

Company that eliminates security deposits ‘locks’ in new partner

LeaseLock replaces security deposits with monthly fees and believes its new insurance partnership shows that the industry is embracing its business model. Source: click here

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