For years, our industry has fervently debated who really pays the commission — the buyer or the seller. This debate turned up at the final session of Inman Disconnect, where one attendee argued that it’s the buyers who actually pay the commission because it’s embedded in the purchase price. Here’s why this argument is wrong. […]
Counselor Realty isn’t a true cooperative, but it operates a lot like one. Almost 100 of the company’s agents are shareholder-partners, and they love it. Here, Andy Barns and Nick Dreher, the company’s CEO and director of growth, respectively, share more about this unusual brokerage model. Source: click here
Post-transaction service company MoveEasy on Tuesday announced the upcoming launch of “Concierge for Life,” an Amazon Alexa skill that enables consumers using MoveEasy’s platform to receive on-demand assistance for scheduling home repair services, setting up utilities, moving company recommendations, and reminders for other tasks. “MoveEasy’s entire platform is now powered by Amazon’s voice assistant, Alexa,” […]
Toronto-based Constellation Real Estate Group has added another star to its portfolio of SaaS (software as a service) companies for real estate. The company on Tuesday announced it would be acquiring TORCHx, a cloud-based marketing solutions company from Web.com for an undisclosed sum. Constellation owns a dozen brands that offer real estate software services, including […]
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U.S. home prices rose a modest 0.5 percent from January to February, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The HPI is also up 4.9 percent in year-over-year. The HPI is FHFA’s “weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same […]
New-home sales rose 4.5 percent from February to March and are up 3 percent year-over-year to a seasonally adjusted rate off 692,000, according to data from the U.S. Census Bureau and Housing and Urban Development. Nationwide, 344,000 new homes were listed for sale, a modest rise from 336,000 in February. The median sales price of a new home was $302,700. […]
For those expecting a rough homebuying season, there’s reason to remain hopeful. Realtor.com on Tuesday issued a revised forecast projecting a more robust market than originally predicted through the remainder of the year. As mortgage rates fall and more homes hit the market, realtor.com has updated its homebuying forecast for the end of 2019. While the […]
The ACLU announced a victory in a discrimination suit against a New Jersey condominium community for seniors that enforced a policy that limited tenants’ pool usage based on their gender. Source: click here
Zipi is a back-office administration software platform for brokers to manage deals and agent financials. The latest iteration of Zipi is even more heavily focused on brokerages and provides a highly versatile and granular user experience for brokers to oversee every aspect of their finances, agent goals and activities. Source: click here
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