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Opendoor files for $300M ‘property acquisition fund’

The offering differs from the sort of funding that Opendoor — a so-called “iBuyer” that uses technology to quickly buy and resell homes — has publicly filed for in the past, appearing to mark a bid by the firm to finance property purchases in a new way Source: click here

LoanDepot originator’s email to Realtor ignites blowback

A mortgage originator with loanDepot in California tried to poach a Realtor who had worked with a mortgage broker on multiple transactions, the company confirmed to Inman after an email detailing the allegations was made public. Source: click here

Rental rates jump in September, fueled by strong economy

Nationwide, the cost of renting a single-family home grew by 3.2 percent in September, to an average of $1,420 a month, up from a year ago when rent had grown by only 2.7 percent, according to the latest Single-Family Rent Index (SFRI), released Tuesday. Affordable housing fared poorly, with lower-end rentals, or properties with rent prices less than 75 percent […]

Existing-home sales up in October, ending 6-month slide: NAR

Existing home sales ended a six-month skid in October, climbing 1.4 percent from September. Despite the monthly gain, existing home sales were still down 5.1 percent, versus October of last year, according to the latest data from the National Association of Realtors. “After six consecutive months of decline, buyers are finally stepping back into the housing […]

PREVIEW: Exclusive live interview with Zillow’s outgoing COO

How has Zillow gone from a startup real estate portal to the powerhouse it is today? In his latest industry leader interview, Andrew Flachner, RealScout’s co-founder and president, will sit down with Amy Bohutinsky, Zillow’s outgoing chief operating officer, to discuss this question and more, including foresight, hindsight and Zillow highlights with an eye toward the future […]

Realtor association becomes first in nation to offer health plan

The Baldwin County Association of Realtors says it’s the first in the nation to offer group health, dental and vision insurance to its 2,300 members. Source: click here

Agent/broker perspective: Should you tell your sphere you’re ill?

A successful Miami real estate agent has been diagnosed with a relatively treatable form of cancer and is struggling with the decision of whether or not to share the news with colleagues and clients. Source: click here

Two-thirds of millennial homeowners suffer from buyer’s remorse

A recent survey revealed that many millennial homeowners regret their decision to purchase after the dust has cleared and they have settled into their new digs. Luckily, agents can help. Source: click here

The polite way to sell a home around the holidays

While most people will be eating pie and exchanging gifts with family, some real estate agents will be hard at work, helping many zealous buyers who hope to get an edge on their competition by placing an offer while everyone else is celebrating. Source: click here

10 tips for a fierce listing presentation in a competitive market

To help you stand out and win the confidence of your potential seller clients, here are 10 tips to make a lasting impression on your next listing presentation. Source: click here

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