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Miami’s most expensive home sells for $50M

It overlooks Biscayne Bay, has 14 bathrooms and happens to be the most expensive home in the Miami area. The 3 Indian Creek Island Road estate sold for $50 million this week, sources who inked the deal revealed to reporters. The house, which boasts more than 20,000 feet and has spanning views of the bay, is […]

PHH to pay $750k over military service member foreclosures

PHH Mortgage agreed to pay a total sum of $750,000 to six active-duty service members in response to allegations that the mortgage company unlawfully foreclosed on their homes without obtaining the necessary court orders, according to the United States Department of Justice (DOJ). In a statement, a PHH spokesperson told Inman that the company fully […]

Title software startup SafeChain cracks down on wire fraud

Fintech startup SafeChain on Monday announced a partnership with financial crime compliance and payments solutions company Accuity, to integrate bank data with SafeChain’s wire fraud prevention platform, SafeWire. “As wire fraud schemes increase in both number and complexity, it is critical for title companies to authenticate and verify every aspect of the wire transaction to ensure […]

News Corp beats consensus, reports quarterly revenue growth of 21%

News Corp, the parent company of Move’s realtor.com and Australia-based REA Group, reported Thursday that its revenue grew to $2.63 billion during its second quarter 2019 earnings (which cover the final three months of 2018), representing a 21 percent year-over-year increase. Revenue from the company’s digital real estate services also grew by 7 percent during that period, hitting $311 […]

Feb 06, 2019

How NOT to negotiate

Negotiating is a delicate dance, and one misstep can derail months of hard work. Here are 11 things you should never do when negotiating an offer. Source: click here

How to create a solid CMA for today’s buyers

The comparative market analysis (CMA) is one of the quintessential tools in an agent’s advertising tool box — it’s practically the entire reason homeowners even let us walk through their front doors. Here are four steps for creating a CMA for the modern buyer. Source: click here

Why traditional real estate works now more than ever

Consumers looking for lower-cost alternatives to the traditional real estate model have many options to choose from — but are those alternatives up to par? It seems the new “freemium” business model has grown ever-popular, but agents were using this model well before it had a name — and that’s why no alternative model can […]

Can’t we all just get along? Let’s stop trash-talking

It seems that lately the rhetoric around brokerage models, a frequent discussion topic, has been ratcheted up a few notches. Those who trash-talk should stop wasting valuable time and energy, and instead, focus on themselves. Our industry doesn’t need people attacking others simply because they do business differently. Source: click here

Bright MLS CEO out amid flurry of agent complaints

Tom Phillips, co-founder of mid-Atlantic multiple listing service giant Bright MLS, is leaving his role as CEO of the organization next month, amid an avalanche of complaints from real estate agents frustrated with the multiple listing service’s software system. Source: click here

Buyside teams up with RE/MAX Alliance

RE/MAX Alliance, Colorado’s top brand franchise, has rolled out Buyside, a web-data analysis platform that helps agents find more listings. Source: click here

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