Here are five preliminary steps to streamlining your real estate business operations so that when a housing market downturn occurs — and it will — you’ll be ready to navigate the shift and boost your bottom line. Source: click here
Existing home sales fell for the third-consecutive month in January, according to new data from the National Association of Realtors (NAR). Home sales were down 1.2 percent over last month and 8.5 percent from January 2018. The 4.94 million homes sold in January 2019 is the lowest home sales have been since November 2014. The Northeast […]
Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion. Source: click here
Discount brokerage Open Listings will cease using its own branding in the Dallas area later this month and carry on under the banner of iBuyer Opendoor, which became its parent company last fall. California-based Open Listings announced the branding change Wednesday in an email to users, stating that “on Feb. 27th, we will stop operating as Open Listings in Dallas-Fort Worth […]
RE/MAX reported $50.8 million revenue in the fourth quarter of 2018, a year-over-year 4.8 percent, according to the company’s Thursday earnings release, beating the consensus estimate of $50.27 million in quarterly revenue. The company also reported $6.3 million in net income in the fourth quarter. RE/MAX reported adjusted earnings of $0.49 earnings per share, in […]
The Texas-based brokerage JP & Associates Realtors is the latest real estate company to offer its agents an associated health care plan. The move comes on the heels of the brokerage’s push to franchise last summer. “I could not be more excited for our agents,” JP Piccinini, founder and CEO of JP & Associates Realtors, said […]
In an earnings report today, Seattle-based Zillow Group posted a net loss of $97.7 million in the fourth quarter and a net loss of $120 million for all of 2018. Source: click here
Zillow co-founder Rich Barton is stepping back into the reins as CEO, replacing Spencer Rascoff, the real estate tech giant announced amid its fourth quarter 2018 corporate earnings release. Rich Barton, co-founder and CEO of Zillow Group Barton, who co-founded Zillow in 2005, was replaced by Rascoff after stepping down as CEO in 2010. He […]
Tap into your EQ, and open the door to new business and life skills with Yale Center for Emotional Intelligence Founding Director Marc Brackett. Source: click here
Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. If the housing bubble of the mid-2000s wasn’t enough to make home equity an everyday concern for homeowners, surely the Zestimate drove home the idea that a house should be looked at with the same level […]
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