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These agents are handing out 11,000 American flags this Fourth of July

For the past 19 years, Silvia Madriaga, Realtor with Walton County’s ResortQuest Real Estate, has been putting 1,000 flags around both her own and neighboring counties every Fourth of July. In preparation for this year’s festivities, the Florida Realtor has been placing American flags on the streets of homes in her local neighborhood, according to a […]

Compass rivals react to latest Chicagoland expansion

As relative industry newcomer Compass further expands its footprint into the Chicagoland area, competitors are welcoming their nascent rival. Source: click here

Zillow eyes acquisitions and growth in new $650M offering

Zillow on Wednesday announced a $650 million public offering, half in stock and half in senior notes. The real estate listings giant could use the money generated to fund future acquisitions and growth, it hinted in an investor press release posted Wednesday. But the money will not be used to fund Zillow’s purchase of houses […]

Fighting back: How brokers are arming themselves for change

How are real estate broker-owners responding, adapting or changing? Here’s what Vanessa Bergmark, owner of Red Oak Realty, is doing. Source: click here

Here’s the new ‘it’ design trend for luxury condominiums

Move aside, glass — terra-cotta is back to reclaim its place as the “it” material for luxury residential and commercial projects. According to the Wall Street Journal, builders are increasingly choosing the aged, clay-baked ceramic thanks to luxury buyers’ demands for a more “traditional aesthetic.” The Journal notes that three of New York City’s most-awaited […]

Compass president riles up industry with opinions on tech

An opinion piece published on social networking platform LinkedIn by Compass President Leonard Steinberg titled, “Before Compass, Technology Was Barely Mentioned In Real Estate,” has the industry buzzing — and not in a good way. Source: click here

The Real Word: Zillow’s first Instant Offers home under contract

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll talk through Zillow putting its first Instant Offers home under contract as a seller.  Source: click here

Knock will buy you a new home, even if you don’t have one to sell

Just because you’re not selling a home doesn’t mean you can’t participate in an iBuyer program. On Thursday, real estate tech startup Knock launched a new product for first-time homebuyers: Knock will help them get pre-approved for a mortgage, buy a house on their behalf in cash and then transfer it over to them. “First-time […]

Mortgage CEO resigns after judge orders him to pay $3M in waitress grope assault

A high-ranking mortgage banking executive in New Jersey resigned after a judge ordered him to pay $3 million to a waitress he allegedly groped in a Philadelphia restaurant two years ago, according to a news report from Philly.com. Gregory Englesbe. (Photo courtesy Twitter) E Mortgage Management, the Cherry Hill-based company, announced CEO Gregory Englesbe’s resignation […]

Only 21% of people understand what low credit will do to their loans

A recent analysis by Zillow found that homebuyers with lower credit scores pay thousands of dollars more for the same property compared to buyers with high credit scores. Source: click here

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