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Oct 03, 2018

Sequel bites the dust

Sequel, a startup that created custom branded marketing tools and websites for real estate teams, is shutting down, a company executive confirmed to Inman on Tuesday. Source: click here

Zillow’s homebuying experiment is making money, but there’s a catch

Reposted with permission from Mike DelPrete. With September wrapping up, we can look at the latest iBuyer numbers out of Phoenix and see how Zillow is doing. Why it matters: Based on the data in Phoenix alone, Zillow will beat its Homes revenue guidance of $2 million to $7 million. But other indicators, including a […]

Luxury Connect: Spyro Kemble will help you evaluate your next move

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. Before you decide it’s your destiny to sell […]

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 […]

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

Homebuyers spend an average $40,000 in one-time fees

The one-time fees of buying and moving into a new home could set you back roughly $40,000, according to a new study from RealEstate.com — a Zillow Group company — and Thumbtack. It’s a cost that comes as a shock to many first-time homebuyers, the companies say. “Buying a home, especially for the first time, […]

Revaluate’s updated “likely-to-move” score touts 36.4% accuracy

According to a press release exclusive to Inman, Revaluate’s improved predictive analytics can anticipate better than one in three times (36.4 percent) when a person will need to buy or sell a home within three to six months. Source: click here

Compass launches in Austin with top-performing Sotheby’s agents

Compass is officially launching in Austin with four of the city’s top-performing agents, the company announced on Tuesday. Source: click here

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