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Borrowers are turning to digital lenders — and abandoning banks

Americans are increasingly forgoing traditional banks when taking out home loans, pushing mortgage revenue down for big name lenders but offering a boon to unconventional, tech-enabled companies. Source: click here

The Real Word: HENRYs, bickering buyers and the shutdown

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week: the next generation of wealth and what agents should know.  Source: click here

4 tips for finding the right real estate coach for you

You can’t reach the top without others to push and encourage you to live your best life. If you’re thinking about getting a coach, here’s what you should look for. Source: click here

Brokers beware: 9 recruiting red flags

Bringing on the wrong agent is not only dangerous from a broker liability standpoint, but it could also poison the office culture and alienate your current agents. Here’s a list of red flags to look for in interviewing, so hopefully, you can avoid making a bad hiring decision. Source: click here

4 steps to getting all the clients you’ll ever need

Let’s be honest, there is no tech solution that’s going to ensure you have clients forever, but you can refine a tool in your arsenal that will. Find out how here. Source: click here

How can you master leadership? Learn to give a compliment

Compliments are a cornerstone of leadership. One of the most important things good leaders do is see more in others than they see in themselves, and compliments are the warmest way of expressing that. Here are seven tips for giving a great compliment. Source: click here

NYC mayor sues Manhattan brokerage over allegedly illegal short-term rentals

The New York City Mayor’s Office of Special Enforcement filed a lawsuit Monday against a Manhattan-based brokerage and property management firm, accusing it of converting units at least five properties it manages or owns into illegal short-term rentals, including an entire building in East Harlem. Source: click here

Trulia hires a new chief economist

Popular home listing portal Trulia has hired Issi Romem to serve as the company’s new chief economist, giving him one of the highest profile platforms in the U.S. to discuss housing trends, the Zillow-owned company announced today. Romem previously worked as the chief economist at contractor search portal BuildZoom, and is also a fellow at Terner Center […]

A Mega Millions lottery winner is selling his estate for $26M

Rick Knudsen, who won $180 million in California’s Mega Millions lottery, is selling his luxurious mountain estate for $26 million. Courtesy of TheMLS.com In 2014, the former construction executive bought a $5 lottery ticket on his way home from the gym and ended up getting lucky — not long after cashing in $180 million, Knudsen, […]

Online homebuyer Knock picks up $400M in latest fundraising round

The online homebuying startup Knock has announced a new $400 million fundraising round, further intensifying the increasingly fierce competition in the growing space of similar tech-enabled homebuying companies (known collectively as “iBuyers“). Knock said its new funding comes in the form of both debt and equity. The Foundry Group, a venture capital firm, led the […]

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