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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 […]

What’s the best day of the year to sell a home?

Thanks to softening mortgage rates and stabilizing home price growth, this year’s spring homebuying season is expected to be a busy one. Renewed demand provides sellers with an opportunity to receive higher offers — if they’re strategic about when to list. According to Attom Data Solutions latest analysis of 28.5 million home sales from 2011 […]

Real estate executive pleads guilty to home-flipping fraud, faces 200 years in prison

The owner of a Los Angeles area real estate firm pleaded guilty to running a home flipping scheme that scammed 25 victims out of $2 million. In April 2018, Daniel B. Vazquez Sr., 56, of Ladera Ranch just outside of L.A., was charged with 10 counts of mail and wire fraud related to collecting money […]

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

Is a deal worth going to prison?

The real estate world was shocked to learn of former Keller Williams and RE/MAX real estate agent Holly Pasut’s experience of going to prison for mortgage fraud. Here’s a story from an agent who might have gotten into similar trouble had it not been for sound legal advice. Source: click here

Inspection coming up? An 11-point checklist for your sellers

When a buyer’s inspector is examining a home inside and out, imperfections are bound to turn up. Here’s how to best prepare sellers for this marathon event. Source: click here

Social media made simple: How to source, share and schedule

The best way to avoid being overwhelmed, wasting time and getting sucked into the addictive nature of social media is to have a plan, similar to an editorial calendar. Here are five tips for sourcing real estate content as well as how and when to schedule social media posts to become the local expert in […]

How to declutter your mind to become a better agent

If you find yourself having difficulty sleeping, stressing over every issue or unable to focus on the task at hand, you might consider adding meditation to your daily or weekly routine — it’s easy to do, it’s free, it takes 10 minutes a day, and it can potentially change your life. Source: click here

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