Keller Williams has been quietly testing an iBuyer program for more than a year in an undisclosed market. Darryl Frost, a spokesperson for Keller Williams, told Inman the company has closed nearly 100 transactions, but it’s not ready to go to market; it’s still in the ideation stage. Source: click here
Pending home sales, in which a contract is signed but the sale has not yet closed, dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the latest National Association of Realtors Pending Home Sales Index, released Thursday. Low inventory and rising home prices propelled the latest decline, pulling the Pending Homes […]
Mortgage rates have continued their upward march to the highest level since April 2011, according to the latest Primary Mortgage Market Survey from Freddie Mac. The rate for a 30-year fixed-rate mortgage averaged 4.72 percent for the week of September 27 — only 0.6 percentage points from the recent 4.72 percent high seen on April 28, 2011. Last week, the […]
Sotheby’s International Realty is working to expand its footprint in China with the addition of a new affiliate in the nation’s largest city, Shanghai. Source: click here
A young couple bought a Long Island home only to discover that the surrounding neighborhood was ground zero for the dangerous MS-13 gang. Source: click here
Emphasys real estate software allows brokers to oversee all aspects of deal flow and commission payouts, and it leverages integrations with dotloop, DocuSign, SkySlope and QuickBooks. Source: click here
Real estate data and technology firm Black Knight is integrating Paragon, its MLS platform, with the Homebot marketing tool. Source: click here
A new national poll, commissioned by flat-fee brokerage Purplebricks, found that real estate agents and journalists are among the least trustworthy professions in American consumers’ minds. Source: click here
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. Los Angeles agent Sally Forster Jones has been a luxury household […]
On the heels of its combined $800 million in funding for Opendoor and Compass, SoftBank sees opportunities to build successful, profitable, disruptive new businesses that leverage technology across the entire real estate supply chain. Source: click here
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COVERAGE AREA: Atascosa, Bandera, Bexar, Chambers, Comal, De Witt, Dimmit, Frio, Gonzales, Guadalupe, Karnes, Kendall, Kinney, La Salle, Live Oak, McMullen, Medina, Uvalde, Wilson, Webb, Zavala, Zapata
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