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Opendoor raises $325M in Series E round

Opendoor has raised $325 million in a Series E funding round while announcing plans to add mortgage and title services as well as expand from 10 to 50 markets by 2020. Source: click here

Why built-to-rent homes are booming

In recent years, institutional investors (defined as those owning more than 10 properties), started buying newly built homes following a long hiatus after the foreclosure flood ended five years ago. Instead of buying bargain basement homes, many of these real estate investment trusts and private equity funds are buying properties purpose-built as rentals. Source: click here

5 ways to maximize focus on income-producing activities

Real estate is an incredibly demanding, always-on career. There is a need and an expectation to immediately respond to every email, text, phone call and social media post. And while it’s great to be dedicated and hardworking, it can be easy to fall into the trap of what I call “reactive mode.” Source: click here

8 outdoor trends homebuyers can’t help but love

As with staging any other part of your listing, you need to make sure the outdoors are on trend and meet buyers’ wants and needs. Here are eight outdoor trends buyers love. Source: click here

The Real Word: The plight of the flat-fee brokerage

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll tackle the discrimination flat-fee brokerages, such as Trelora, incur and much more. Source: click here

Zillow Group launches program to offer discounted tools to top builders

As of Thursday, homebuilders who are part of Zillow Group’s paid Promoted Communities and Promoted Homes platforms are able to purchase various services to help enhance their listing content at a discounted or pre-negotiated price from one of the 12 vendors in the company’s new Advantage Program. Zillow Group launched its Promoted Communities advertising program […]

HGTV and Luxury Portfolio International are serving up another round of dream homes

Luxury Portfolio International, the luxury face of Leading Real Estate Companies of the World, is, for the seventh consecutive year, the exclusive real estate partner for HGTV’s Ultimate House Hunt. Every home featured is represented by Luxury Portfolio International agents, and consumers will be able to participate in a month-long showcase and contest of the […]

David Charron, ‘godfather of MLS deal-making,’ steps away from Bright MLS role

Charron said he is not retiring. He will transition from his current full-time position at Bright to a part-time role as a consultant, effective Aug. 1. He will remain president of MRIS Investors Inc. Source: click here

Real estate community applauds Seattle’s repeal of unpopular head tax

The real estate community welcomed a change of heart by the Seattle City Council this week after it put an unpopular head tax on large businesses just a month ago. Source: click here

A ‘brokerage superpower’ is formed as 2 of Pittsburgh’s big players unite

A big deal for Pittsburgh real estate was announced Wednesday, with independent brokerage Northwood Realty Services acquiring Berkshire Hathaway HomeServices The Preferred Realty and joining the Berkshire Hathaway HomeServices network. The deal creates an uber brokerage of 1,800 agents and 50 offices in Pennsylvania and Ohio. Source: click here

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