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Government raises fines for RESPA violations

The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered into the Federal Register on Jan. 12. Through a collection of bills and amendments passed by Congress, federal agencies […]

Roofstock hires former Tesla executive to run operations

Rapidly growing real estate investment company Roofstock has tapped a former Tesla executive to help run and scale up operations. Source: click here

Gary Keller bashes rival eXp’s virtual world as ‘old gaming technology’

Keller Williams is allegedly partnering with video animation startup MashMe for its virtual expansion brokerages, according to a source with knowledge of the situation and leaked audio of a two-hour talk on technology led by Keller Williams CEO Gary Keller on Friday. Source: click here

Co-living firm gets $300M funding boost to grow in US

Co-living company Quarters has raised $300 million to grow its presence in the U.S. in what the company is touting as the single largest investment in co-living in the nation. Source: click here

These are the hottest housing markets of 2019

San Jose, California, took the top spot on Zillow’s annual survey of the hottest housing markets in 2019 for the second year in a row as tech jobs continued to drive workers to Silicon Valley. Orlando, Denver, Atlanta and Minneapolis rounded out the top five hottest markets, which Zillow predicts will emerge as frontrunners in 2019. San […]

Consumer watchdog calls for nationwide ban on dual agency

A national consumer watchdog is calling for states to ban dual agency and make agency disclosures less confusing, according to a report released Monday. Source: click here

Connect the Speakers: Robert Reffkin on Compass’ big bets for 2019

When it comes to making big bets on the future, Compass has been practicing its strategy since the company was founded, expanding from market to market and using its proprietary technology tools and investor backing to entice some of the best agents in the country to join the Compass brand. So who better to speak […]

Single-family rent climbed in November — but at a slower clip

Rental rates are still climbing – but a bit more slowly than in previous months. Nationwide, the cost of renting a single-family home grew by 2.9 percent, to an average of $1,455, in November, according to the latest data from CoreLogic released Tuesday. By contrast, rent prices had grown by 3 percent the previous month, 3.2 […]

Here are Swanepoel’s most powerful and influential people in real estate

Ron Peltier, the CEO of HomeServices of America is the most powerful and influential person in real estate according to sixth annual Swanepoel Power 200 (SP200), published by T3 Sixty. Peltier beat out other top executives from Keller Williams, RE/MAX, Zillow, Realogy and others to take the top spot. Source: click here

Tracy McLaughlin leaves Compass for The Agency

Tracy McLaughlin has joined the The Agency, leaving Compass four months after it acquired her former brokerage, Pacific Union International. Source: click here

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