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HomeLight nabs $109M in new funding round

Real estate referral and transaction management startup HomeLight announced Tuesday it’s raised $109 million in new financing. The company plans to use the money to build out its closing services and home loans business. Source: click here

Compass makes major changes to its stock option program

The company is shifting from offering equity stock options to restricted stock units, which are typically viewed as a tactic deployed to keep the talent it recruits. Source: click here

Home prices to spike in 2020: CoreLogic

Home prices in September grew by 0.4 percent by month and 3.5 percent year-over-year, according to the latest CoreLogic Home Price Index and Forecast report released Tuesday. Across the country, home prices have been growing steadily but at a slower rate than in previous years  — February  2016 saw peak year-over-year growth at 4.2 percent. […]

Opendoor adds new builders to its ‘trade up’ program

The company added two new partners this week for a program that allows homeowners selling to Opendoor to more easily buy and move into a newly built home. Source: click here

Bright MLS: Pocket listing ban won’t hurt discount brokerages

Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday that the rule will still let discount brokerages customize commission offers. Source: click here

Lesson Learned: Never judge a book by its cover

Each week, we talk to agents across the country about what they’ve learned along the way (and what they wish they had known as new agents). This week, pioneering NYC broker Ted Karagannis of Warburg Realty explains why keeping an open mind and letting the client take the lead can pay big dividends. Source: click […]

How to become the go-to agent in your neighborhood

The most successful real estate agents dominate specific geographic areas. Here’s how to get started down that road. Source: click here

Best real estate lead generation strategy for a changing industry

Anxiety levels in the real estate industry are at an all-time high. With so much changing, moving quickly, and contradictory information on the best real estate lead generation tactics, it’s no wonder agents are confused. Even successful, long-term professionals have more questions than ever before. The single biggest change happening in the industry is the […]

Communication tools for every stage of your sales cycle

Communication is key to attracting new clients, showing properties, coordinating sales, and closing deals. While there is no shortage of communication channels built for the desktop, there’s a new class of mobile tools for anyone whose phone is their office. That’s why more and more agents and brokers are turning to an innovative, yet simple, […]

The emerging luxury consumer is different. Here’s what you need to know

The pool of emerging affluent consumers is growing exponentially, and as the youngest of this cohort enters the real estate landscape, they’re already making their mark on how homes are marketed and sold. Miguel Espinoza, Luxury Agent, ONE Sotheby’s International Realty Their collective impact is made even more notable as baby boomer and Generation X […]

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