With some of the most expensive real estate in Canada, Vancouver has what may feel like a contradictory phenomenon: college kids living in luxury mansions for as little as $1,000 a month. The Shaughnessy area, which is close to the University of British Columbia and has an average home sales price of $1.8 million Canadian […]
Compass has a stable of newly acquired brokerages. It owns Contractually. And it has hundreds of software engineers on staff. But does the company know where it’s all headed? “We’re not yet at a stage where I have a very clear monetization strategy because we haven’t really talked about it,” Compass chief operating officer Maëlle Gavet said […]
Whether they be new buyers, upcoming sellers or homeowners planning to stay put for a while, when it comes to considering re-doing their floors, it can often be tough for them to visualize just what the project will look like. The online home furniture and furnishing marketplace Houzz thinks it has a solution: its two-year-old, free app View […]
Whether you are showing a seasonal rental or staging a new listing, bringing the freshness of spring to your listing’s design is a sure way to create excitement. We reached out to Interior Marketing Group (IMG) Founder and CEO Cheryl Eisen and Co-Staging Director Christina Slater for some advice on perking up home interiors for […]
Today’s up-and-coming homebuying generations, from the Millennials to Gen Z, are all about personalized service. It’s no secret; they expect it at every turn, and that includes their real estate transactions. This expectation has led to the rise of niche marketing, a strategy that relies on low-budget techniques like word-of-mouth marketing, referrals, and deliberately–placed ads. It […]
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
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
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