FinCEN now requires title insurance companies to identify the persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold, which previously varied by city, is now set at $300,000 for each covered metropolitan area. Source: click here
The latest J.D. Power Home Buyer/Seller Satisfaction Study found that the single most important reason for selecting a real estate company is its reputation. Source: click here
Sellers want to give their input to their listing agent on how showings should be handled as well as pricing, managing other agents, offers, negotiations and what they will and will not repair. But here’s where they all too often shoot themselves in the foot. Source: click here
Jay Thompson has beef with single-agent dual agency — where one person represents both a buyer and a seller for the same piece of real estate. Here’s why. Source: click here
New residential home sales dropped 8.9 percent in October, falling to a new two-year low, according to a new residential sales report released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). Single-family home sales fell to a seasonally adjusted rate of 544,000 units — a 12 percent increase year-over-year. Nationwide, […]
The Inman community is made up of the best and brightest in real estate. And connecting this diverse, enthusiastic group of real estate professionals is an important part of our mission. Inman Ambassadors are members of the Inman community who volunteer at each event to make introductions, help new attendees find their way and bring […]
Compass Chief Growth Officer Robert Lehman unveiled the card during the company’s bi-annual retreat, which was held downtown Los Angeles’ opulent Orpheum Theatre. Lehman described the program, dubbed Compass Card, as “one card, one solution for all your business needs.” He also said it would be fully integrated in Compass’ technology. Source: click here
Mortgage interest rates are approaching 5 percent, but could they soon be cresting? Comments made by Federal Reserve Chairman Jerome Powell seem to have investors convinced that the Fed is getting close to finished with its recent cycle of benchmark interest-rate hikes. The Dow Jones Industrial Average closed up 617 points today, 2.5 percent, at […]
Artifakt Digital is a creative marketing and website development firm for real estate agents. The Toronto, Ontario-based marketing agency has more than 120 real estate clients and an average project cost of $25,000. According to the company’s CEO, Andre Bodnar, 70 percent of his business comes from agents in the United States. Source: click here
Right off the heels of its expansion into central New Jersey earlier this month, Better Homes and Gardens Real Estate announced its latest extension partnership, this time in Texarkana, Texas. The real estate franchise is launching the Better Homes and Gardens Real Estate Infinity venture, which is being spearheaded by two local industry veterans. One […]
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