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After strong August, housing starts decline in September

Housing starts continued their trend of annual increases in September, but fell sharply from last month’s boom, according to the latest data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. Privately owned housing starts increased 1.6 percent year-over-year in September, but fell 9.4 percent from August. The biggest difference, however, […]

Auctions are the luxury agent’s secret weapon

Auctions can help agents sell homes quickly and represent an out-of-the-box marketing tactic that’s especially good for challenging listings. Source: click here

Real estate big wigs don’t want to be ‘treated like children’ by MLSs

Gary Gold and Mauricio Umansky expressed skepticism Wednesday about multiple listing service policies that would ban pocket and off-market listings. Source: click here

Rent-to-own startup ZeroDown valued at $150M

ZeroDown, a San Francisco-based rent-to-buy startup, has clinched a $150 million valuation, TechCrunch reports. In exchange for a $10,000 fee, ZeroDown will buy a home on behalf of a renter. The renter then moves in and pays a monthly bill to ZeroDown that essentially includes funds for a future down payment. Rather than accumulate in a […]

CRMLS strikes a deal with BoxMLS to offer open platform

California Regional Multiple Listing Service announced Thursday it struck a deal with real estate startup BoxMLS to grant its more than 98,000 agents access to modern MLS search tools, branded MLS-compliant virtual office websites and branded mobile apps. Source: click here

Bright MLS debuts new pocket listing rule

Major East Coast multiple listing service Bright MLS announced Wednesday that it has rolled out a new policy on so-called “pocket listings,” requiring agents to add any properties they are publicly advertising to the system or, eventually, they’ll face steep fines. Source: click here

10 rules for hosting an open house for another agent

Hosting an open house is a critically important event in a new agent’s career, especially if it’s for another agent. It’s often the first public appearance for agents to showcase themselves to the community and beyond. Here are 10 things new agents must know to nail that open house. Source: click here

Jumping ship for a startup brokerage? Do your homework first!

Startups look promising on the outside, but they can’t always live up to the hype, says Tammy Britt. The longtime D.C.-area agent shares her experience with a startup after 16 years as a top performer with some of the biggest names in the real estate business. Source: click here

Is practicing real estate bad for your kids?

Between a column in “The New York Times” and a Facebook post, I can’t help but wonder how healthy the job of buying and selling real estate is for our kids. How are our children influenced by our career choices, our screen time and our stress levels? And what can we do about it? Source: […]

It’s getting even harder for African American families to afford homes

It’s become harder for a typical African American family to afford a home in the years since The Great Recession, with many families able to afford just 25 percent of homes for sale last year, down from 39 percent in 2012, according to a new study from Redfin released Wednesday. “As prices rise, minorities can […]

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