NEW YORK — Chief executives from two high-profile brokerage companies with wildly divergent business models spoke candidly on Tuesday at Inman Connect New York about the travails of voicing public opinion in a fractured political climate. Robert Reffkin, the outspoken chief executive of the private company Compass, and Glenn Kelman, the chief executive of publicly […]
NEW YORK — A year into his tenure as president and chief executive of Realogy Franchise Group, John Peyton told Inman Connect guests that the company has thrived by hiring real estate outsiders. Peyton, a former Starwood Hotel executive who earlier this month took on additional responsibilities overseeing the Corcoran and Sotheby’s International Realty Realogy […]
NEW YORK — Heads up Re/Max, Century 21 and Coldwell Banker, the iBuyers are coming for you. Heavily-funded, tech-driven investors that make quick offers on homes and close in days are among the latest startups raising eyebrows in the real estate industry. And they’re betting that the promise of fast and easy transactions will help […]
By now, you’ve probably heard that real estate Facebook ads are a high-ROI alternative to other forms of online marketing. When done right, it’s true that Facebook advertising is a low-cost marketing method that delivers respectable results. When done wrong, however, it can be just as expensive and ineffective as any other poorly designed marketing […]
First, let’s get the obligatory disclaimer out of the way: Real estate commissions are not set by law, there is no standard rate of commission and I will never tell you how much commission to charge. I’ll just tell you why you should charge more and how to do it. Unless you’ve been living in a […]
Voice assistants, such as Amazon Alexa and Google Home, have gained popularity over the past year, inching us closer and closer to the futuristic homes we envisioned during our childhood years. Now, consumers have yet another option for listening to their Spotify playlist on a whim or ordering groceries on the fly — the Apple […]
Beverly Hills luxury real estate agent power couple Branden Williams and Rayni Romito Williams (of Williams & Williams Estates) were reunited Wednesday with their beloved Pomeranian–Charlie (a.k.a. Choo Choo, Chucky) — four harrowing days after the pooch was “dog-napped” in broad daylight from their mid-century multimillion dollar Beverly Hills home. Branden announced the news on Instagram Wednesday afternoon, […]
Experian recently released its “State of Credit: 2017” report, which outlines the average credit scores, spending habits and non-mortgage and mortgage debt levels of Americans. Overall, Experian says the higher average credit scores (674) and higher consumer debt loads ($24,706) are a cause for “optimism and caution,” and that’s certainly true when it comes to the […]
Global property startup Propy is launching a pilot program with the city clerk’s office in South Burlington, Vermont, where it is using blockchain technology to record real estate conveyance documents, that is, paperwork related to the transfer of property ownership. Propy CEO Natalia Karayaneva told Inman that leveraging blockchain, a secure, distributed ledger, stands to […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, January 24 Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey The Market Composite Index, a measure of mortgage loan application volume, increased 4.5 percent on a seasonally adjusted basis from one week earlier. On an […]
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