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Why did Zillow sue Compass? It’s more complicated than you think

Zillow is suing Compass because it worries about anybody who is focused on using technology to reduce the time, stress and uncertainty it takes to buy and sell properties. Source: click here

Lone Wolf is buying zipLogix

Lone Wolf Technologies is acquiring zipLogix, an industry-leading real estate software company that has a longstanding partnership with the National Association of Realtors (NAR). Based in Ontario, Canada, Lone Wolf is itself a real estate software vendor of marketing tools, transaction management software, and document storage/organizing tools. The company is backed by the venture capital firm […]

Existing-home sales declined in March after rebound in February

Existing-home sales fell 4.9 percent in March to a seasonally adjusted annual rate of 5.21 million, according to the latest data from the National Association of Realtors (NAR). After a small rebound in February, the total is down 5.4 percent year-over-year. In a small bit of positive news, total housing inventory rose to 1.68 million units, up from 1.63 million existing […]

You’re fired! 10 tips to prevent clients from giving you the ax

To help you avoid the nightmare of getting fired, we’ve compiled a list of 10 commonly overlooked situations that can frustrate clients and lead them to sever your relationship and how to handle them. Source: click here

The career outlook for real estate agents in 2020

The world of real estate is rewarding, challenging and ever-changing. To help you know what’s ahead for strategic planning purposes, here’s an outlook on the industry through 2020. Source: click here

The Real Word: Should RE/MAX buy Redfin?

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, RE/MAX and Redfin are partnering up, and some think it’s just a matter of time before the bigger brokerage buys Redfin. Source: click here

Chatbot inventor offers behind-the-scenes look at tech

Austin, Texas-based inventor Michael Butcher designed a bot originally intended to help restaurants, auto mechanics and nail salons follow up with leads — but it turned into something more when he was asked by a real estate agent friend to develop an iteration that would help pre-qualify buyer and seller leads. Here, Butcher gives us […]

10 steps for creating a phenomenal buying experience

In an age where you have so much information literally at your fingertips, why do buyers still need a buyer’s agent? Your client experience is where your value lies. It’s yours to prove. Source: click here

Housing starts declined in March

Housing starts fell 0.3 percent between February and March and dropped 14.2 percent year-over-year, according to the latest data from the U.S. Census Bureau and Housing and Urban Development, released Friday. In total, 1,139,000 housing starts were recorded. Building permits for private homes fell by 1.7 percent to a seasonally adjusted rate of 1,291,000. Completions, meanwhile, dropped 1.9 percent […]

Compass CEO reveals more ambitions to be real estate’s ‘one-stop shop’

Compass CEO Robert Reffkin believes the real estate industry is experiencing a “Netflix versus Blockbuster moment,” and he wants his company to emerge as a one-stop shop that provides all services associated with moving. Reffkin outlined his vision for Compass during an interview this month with Bloomberg, saying that his goal is “to realize the greatest […]

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