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General Electric will pay $1.5B over subprime lending

General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. The Justice Department announced the agreement Friday, saying in a statement that General Electric subsidiary WMC Mortgage “misrepresented the quality of WMC’s loans and the extent of WMC’s internal […]

Zillow has been buying homes for a year now. How’s it going?

It’s been a year since Zillow’s ambitious undertaking to buy and sell homes to consumers with quick-close, all-cash offers under the “iBuying” model. Source: click here

5 simple tips for setting buyer expectations

If you’ve ever had stressed out buyers, you know that they can consume your time, resources and energy. Take the time to explain the purchase process and set expectations, and you’ll create a zen buyer experience that your clients will remember forever. Source: click here

Does property activity online boost your listing’s exposure?

Why aren’t we looking closer at views, favorites and the metrics that make a listing stand out? Troy Palmquist digs into popular sites’ metrics, or lack thereof. Source: click here

How to get through the intensely personal process of choosing a brokerage

There’s been much dialogue around why agents choose a certain brokerage and what makes them so fiercely protective of the one they’ve picked. The bottom line is it’s an intensely personal decision, which comes as a result of many different factors. Here are some questions you need to ask yourself — and some things you […]

How to find your support system as a newbie

Especially as you begin in real estate, it’s critical to assemble a support system that will carry you through the highs and lows of this business. Here’s what you should do to seek out those who will aid your professional development. Source: click here

RE/MAX Results arms agents with buyer insights

RE/MAX Results, the nation’s largest RE/MAX franchise by transaction sides according to the Swanepoel Mega 1000, is arming its agents with a new tool to provide its agents and customers with buyer demand insight through real estate data and analytics startup Buyside. Brenda Tushaus | Photo credit: RE/MAX Results Buyside’s platform aggregates buyer activity across major […]

You can now buy an entire town in Indiana for $3.8M

If you’ve ever dreamed of owning a town, now’s your chance. The historic town of Story, Indiana – population, three people — is up for sale for $3.8 million. The small town an hour south of Indianapolis includes 17.4 acres, a general store, fenced horse pastures, a grain mill, barns and rental cabins. For the […]

Sam DeBord named CEO of Real Estate Standards Organization

The trade association that creates the standards for getting real estate data where it needs to go has chosen a new chief. Source: click here

IBuyers riding a wave of change as they disrupt real estate

The iBuyers are going to improve their algorithms. They’re going to push their prices closer to market rates. And they’re going to get better and better as they eat up more of the real estate industry. Source: click here

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