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Why aren’t millennials moving?

It’s not just massive college debt and current market conditions keeping millennials out of buying new homes. A new study from home maintenance and renovation platform Porch actually found the top reasons millennials aren’t relocating from current homes – during a period when moving rates are at an all-time low – is simply that they […]

Where the billionaires are concentrated

San Francisco has the greatest billionaire density of anywhere on Earth, with one person who has at least a 10-figure net worth for every 11,600 of the rest of us plebs. In total, San Francisco had 75 billionaires in 2018, which landed the city in third place on the Wealth-X Global Billionaire Census, released last week. New […]

Nextdoor raises $123M in funding

Nextdoor, a hyperlocal social network for neighbors and local businesses, has raised an additional $123 million in funding, led by Riverwood Capital. Source: click here

Is Realtistiq the next total business solution for brokers?

This brokerage software solution helps real estate offices manage and market their businesses. Source: click here

Price growth in the nation’s metros continues to slow

The median existing single-family home price in the nation’s major metropolitan areas rose 3.9 percent year-over-year in the first quarter of 2019, to $254,800, according to the latest data from the National Association of Realtors (NAR). The increase is slightly less than the previous quarter’s 4 percent year-over-year increase, according to the new data, released […]

Agents rating agents? This brokerage is putting it to the test

A new collaboration is giving more than 600 agents at Berkshire Hathaway HomeServices Professional Realty a new way to provide feedback for their peers. Source: click here

Employee or independent contractors: Should California brokerages be making contingency plans?

As California employment law changes in response to the emergence of the gig economy, real estate brokers and agents need to stay updated and start thinking about what role they want to play in a legal landscape that’s still in turmoil. Source: click here

Lesson Learned: Find your tribe

In this weekly column, real estate agents across the nation share stories of the lessons they’ve learned during their time in the industry. This week, Washington, D.C., broker Keri Shull shares why surrounding yourself with the right colleagues is everything. Source: click here

Ready to hang out your shingle? Avoid these 5 mistakes

As attractive as having your own brokerage firm might be, the sad fact is that many fail. To ensure that your business isn’t doomed from the start, avoid these mistakes when opening your own brokerage. Source: click here

Why you should generate your own leads

Lead generation is the lifeblood of your real estate business. Yes, your sphere of influence should be a reliable source of business. Referral and repeat clients are the results of being a trusted advisor in your community. But often repeat and referral business reflects more of the same, fitting into a specific locale and within […]

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