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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

Stagnant homeowners are creating an inventory catch-22

The average American homeowner in 2019 has lived in their home for 13 years — a five-year increase from nearly a decade ago, according to a new Redfin report. Utahans and Texans are staying the longest, with the average homeowner staying in place anywhere from 21 to 23 years.  In a statement, Redfin said current homeowners […]

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

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 […]

Stick the landing: the right way to rebrand

Are you losing sleep over the tired look of your brand? Do you lose even more sleep wrestling with how to improve your look? Starting tonight, you can rest easy – I have some advice. As the chief marketing officer for Coldwell Banker, I have the privilege of guiding the storied brand through its first […]

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