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Compass launches charity program, aims to be the world’s ‘most inspirational company’

Compass wants to be the most “inspirational” company in the history of the world, CEO Robert Reffkin said Wednesday night. Source: click here

Airbnb to start designing houses

Home sharing behemoth Airbnb plans to further branch out of vacation rentals and will begin designing homes as part of a new initiative dubbed “Backyard.” The company announced Backyard Thursday, describing it as “an endeavor to design and prototype new ways of building and sharing homes,” according to Fast Company, which first reported the news. […]

Which markets will homebuyers be priced out of next?

As home prices continue to climb to all-time highs in coastal hotspots such as New York, San Francisco and Los Angeles, homebuyers have been setting their sights on more affordable markets primarily located in the South and Midwest. But, SmartAsset’s study released on Tuesday shows that homebuyers are starting to be priced out of historically affordable […]

Death of the home appraisal?

Proposed government regulations announced by Office of the Comptroller of Currency would raise the threshold for transactions requiring an appraisal. Source: click here

Inman announces the first round of sponsors for ICNY19

Tallahassee, Fla. (Nov. 29, 2018) – Inman Group® announced the first 23 companies that will be sponsoring Inman Connect New York, Jan. 28-Feb. 1, 2019. Inman Connect is a week-long event bringing together more than 4,000 top-producing agents and brokers, CEOs of leading real estate franchises, MLS and association leaders, tech entrepreneurs and marketing executives, […]

Fed probing into cash deals over $300K to prevent fraud

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

Agent’s reputation, social media matter most to clients: study

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

10 things sellers should never say to their listing agents

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

Why dual agency should never happen

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

What the new cash buyer rules mean for you

The U.S. Treasury Department is expanding previous regulations to more U.S. counties and lowering the sales price threshold for reporting. Source: click here

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