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Zillow’s latest mortgage move aims to improve quote accuracy

Zillow Group has made its latest move in the mortgage space, after jumping into the lending business last year. Mortech, a software provider for mortgage lenders that Zillow acquired for $12 million back in 2012, has partnered with Roostify, a platform also used by lenders and their customers to speed up closings. Source: click here

Fannie Mae appoints Hugh Frater as permanent CEO

Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Frater, who served as interim CEO during the six-month search, has served on Fannie Mae’s board of directors since 2016. Over the course of his career, he has […]

Chicago-based Abode has acquired discounter USRealty

Abode, a company that is trying to streamline the homebuying process while providing deep discounts to consumers, has acquired discount brokerage USRealty. Source: click here

How much house can you afford? Realtor.com’s new tool will tell you

Realtor.com on Wednesday introduced a new feature to help homebuyers more deeply understand how far their dollar can actually go, also known as buying power, when shopping for homes. Price Perfect is a consumer-facing tool that allows shoppers to add or subtract the cost of specific home features and configure their ideal home in both their […]

Purplebricks agent sues over independent contractor status

A decision on independent contractor status made by the California Supreme Court last year is hitting the real estate industry — and flat-fee brokerage Purplebricks might be the first to grapple with it. Source: click here

HomeServices dethrones NRT as top brokerage in US: Real Trends

HomeServices of America has ended NRT’s two-decade reign atop the Real Trends 500 list, beating the Realogy company in number of transactions. Source: click here

HomeServices chairman teases ‘several’ acquisitions in 2019

Ron Peltier is enjoying HomeServices of America’s view from the top, but he’s not spending too long taking it in. On Wednesday, the company spoiled NRT’s two-decade reign as the top real estate brokerage in the country in transaction sides — for the first time in Peltier’s tenure. Source: click here

Charlie Sheen keeps cutting the price of his mansion

Charlie Sheen has slashed the price of his California estate to $7.99 million — the fifth price drop since listing it last year — proving that even celebrities sometimes struggle to sell their homes. The Sherman Oaks estate, which Sheen bought for $7.2 million in 2006, has five bedrooms and 8,628 square feet. He first listed […]

4 tips for turning expireds into closed sales

Expired listings are critical to healthy real estate success. In fact, some agents focus exclusively on expired listings when they first start, and it helps their career take off. Expired listings sellers have already made the hardest decision they have to make — the decision to sell their property — and all you have to […]

Why focus is crucial to getting things done

We often hear agents brag about how busy they are and how multitasking is second nature. In my experience, multitasking isn’t all it’s cracked up to be. Here are five ways focusing will make you a better agent. Source: click here

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