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Compass loves New York MLS

Compass, the heavily funded real estate brokerage, has signed on to send its listings directly to New York MLS, the city’s only multiple listing service. Source: click here

Former Compass agent accuses team of mutiny in new lawsuit

Compass has gotten on the wrong side of one former agent for allegedly helping her team members steal her listings and their attendant commissions. Source: click here

Two of Austin’s largest indie brokerages are joining forces

Realty Austin, the largest independent brokerage in Austin, said its acquisition of Reilly Realtors should give it 10 percent of the market in the city. Source: click here

What can we learn from the most expensive sale in the US?

David Friedman, co-founder of WealthQuotient, talks through the recent $238 million Central Park South Penthouse purchase by hedge fund magnate and founder of Citadel, Ken Griffin, and what we can learn about ultra-high-net-worth individuals. Source: click here

How are millennials combating affordability issues?

In a new survey from Clever Real Estate, millennial respondents said they’re planning to buy a house within the next 12 months — and many of them are considering homes that’ll save them money in unconventional ways. Source: click here

4 tips for revamping your listing presentation for today’s sellers

Most seller’s agents don’t know exactly why they were chosen as the listing agent — and they don’t ask — so they end up using the same listing presentation year after year. If you are in need of a listing presentation refresh, use these four savvy and effective tips to shake things up a bit. […]

Mortgage software company Ellie Mae to be acquired for $3.7B

Mortgage software giant Ellie Mae is going private. The publicly traded company announced Tuesday that it would be acquired by private equity firm Thoma Bravo, LLC for $3.7 billion. Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. The deal is expected to close in the second […]

WATCH: What’s the antidote to a shifting market? Next-level service

From planning engagements to creating supper clubs, Jena Turner, owner of Found Realty, and Mable Ivory, associate broker with Engel & Völkers, join moderator Katie Kossev onstage at Inman Connect New York to talk about how to make customer service white-glove for every single client. Source: click here

HomeLight’s new app will let agents present iBuyer offers

HomeLight is launching a new tool called Simple Sale, available first as a website and later as a mobile app for agents, that acts as a kind of clearing house for various iBuyers. Source: click here

WATCH: How to overcome discounter objections and keep your commission

Carolyn and Paul Zweben, of Douglas Elliman Real Estate, want their full commissions — every time. They sat down with Joe Rand onstage at Inman Connect New York to discuss defending their paycheck and shared their top tactics for overcoming commission objections.  Source: click here

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