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Feds want looser data reporting regulations for smaller lenders

Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Source: click here

Mega MLS gets boost from AI, team features

Midwest Real Estate Data is set to become the first MLS in the nation to launch artificial intelligence-based compliance and listing input tools from tech startup Restb.ai for its more than 45,000 subscribers. Source: click here

Connect Las Vegas: Are you an agent for change?

This summer, top agents, brokers and industry leaders from across the globe will coalesce at Inman Connect Las Vegas, July 23-26, to network, make connections and discover new technology and strategies that are shaping the industry. If you’ve never been to Inman Connect, we’re helping you get there with a special offer (details below). Changes […]

Realogy stock slides to new low following earnings

Investors are not pleased after Realogy on Thursday released its first quarter 2019 earnings, in which the New Jersey-based residential real estate holdings giant reported a second consecutive quarter of losses. Realogy’s stock price on the New York Stock Exchange (NYSE) plummeted more than 22 percent to a new all-time low of $10.10 per share at closing on […]

Realogy has hit pause on big acquisitions. That could change

Since scooping up Climb Real Estate in 2016, the company has moved away from brokerage acquisitions. But Realogy CEO Ryan Schneider revealed how that all might change. Source: click here

A home inspired by Frank Lloyd Wright is up for sale for $540K

For those not lucky enough to live in one of the homes designed by Frank Lloyd Wright, a property inspired by the iconic architect is on the market for $540,000. Courtesy of UtahRealEstate.com The three-bedroom, two-bathroom home in Salt Lake City, Utah, was built by architect and Wright historian Burtch Beall in 1956. With wood […]

Divvy can now pre-approve rent-to-own customers in 15 minutes

Rent-to-own startup Divvy unveiled a new, streamlined service Thursday that pre-approves would-be homeowners in as little as 15 minutes. Source: click here

AskAvenue’s chatbot qualifies leads faster without replacing you

AskAvenue won Realogy’s FWD Innovation Summit award in 2015 and continues to evolve with its latest chatbot lead generation tool for real estate agents. Source: click here

Realogy’s revenue declines, earnings fall in line with consensus

Realogy posted $1.1 billion in revenue in the second quarter of 2019, a decline of 9 percent from the first quarter due largely to lower transaction volume at its own-side real estate brokerage NRT.  Source: click here

RE/MAX beats estimates with $71.2M revenue in Q1 2019

RE/MAX blew analysts’ expectations out of the water Thursday, reporting $71.2 million in revenue during the first three months of 2019. Leading into the report, analysts had expected RE/MAX revenue to merely hit $65.25 million, an increase of 24 percent year-over-year. In a statement Thursday, the company explained that revenue during the beginning of the […]

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