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Zillow securities fraud lawsuit dismissed

In dismissing the suit, Judge John Coughenour left the option of the plaintiffs to file a revised complaint within 45 days. Source: click here

Brokerage accused of paying agents bonuses for double-ended deals

Anonymous letters sent to the plaintiffs’ law firm also allege the brokerage pays or paid its agents bonuses for keeping transactions in-house — a tactic that is not unheard of in the real estate industry. Source: click here

Vacasa now largest vacation rental company in North America

Vacasa has become the largest vacation rental management company in North America after the acquiring Oasis Collections, a home-sharing company that operates in 17 major cities across Europe and the Americas, for an undisclosed amount. With the deal, Vacasa gained 200 new properties, pushing its total inventory to 10,600 — at least 600 more than […]

The inventory crisis may finally be coming to an end

For prospective homebuyers who have been struggling with record-high prices and low inventory, there is finally light at the end of the tunnel: 465,000 new listings entered the market in September, an 8 percent increase over this time last year and the largest year-over-year growth seen since 2013, according to Realtor.com’s monthly housing report released on […]

Luxury Connect: Craig Hogan on the training you need as a luxury agent

Last call for tickets! This summer we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it. When you’re selling luxury real estate, you’re […]

Can Elizabeth Warren’s $500B plan really end the housing crisis?

On Sept. 26, Sen. Elizabeth Warren introduced the American Housing and Mobility Act, which aims to close the supply-demand imbalance by 2028. Will it work? Source: click here

5 social media advertising strategies for the modern real estate pro

If you’ve not had any luck with advertising your listings on social media, it’s time to get your feet back in the water. Start implementing these five tips for creating social media ads that convert big. Source: click here

Xperience Real Estate expands in Texas with new partnership

Xperience Real Estate, a Keller Williams agent expansion team, had added the Deldi Ortegon Group to its nationwide roster of partnerships. With the addition of The Deldi Ortegon Group, an eponymously named 15-member team in McAllen, Texas, that inked $26 million in sales last year, Xperience now operations in 26 cities across a dozen states including […]

Florida’s largest multiple listing service adds Puerto Rico

Joining My Florida Regional means PRAR’s members will have more products and services available to them than they have in the past, according to the MLS. Source: click here

Former Ataris bass player admits to running $27M real estate scam

A former pop punk musician has admitted to running a real estate scam that defrauded more than 100,000 people out of $27 million. Michael Davenport, who once played bass for the The Ataris, pleaded guilty to a charge of conspiracy to commit mail and wire fraud in the U.S. after being indicted on numerous related […]

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