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Listing Bits: MLS best practices, compliance and member advocacy

The concept of the MLS creates a strange contradiction for brokers who are both competing with one another, yet sharing inventory by way of compensation and cooperation. https://www.inman.com/wp-content/uploads/2017/11/Listing-Bits-EP022.mp3 In the middle of it all is CMLS, challenged with refereeing any acrimony between brokers and MLSs, promoting best practices and supporting its membership of 203 MLS […]

Are incentives the key to solving the affordable housing crisis?

Ipsos’ quarterly research series “What The Future” (WTF) found that homeownership is still firmly a part of the American dream, but economic factors such as crippling student loan debt and booming home prices are making it hard to become a homeowner. If these issues aren’t resolved, Ipsos wonders if aspiring buyers will simply give up. NAR […]

Homesnap Pro: Information, integration and safety at your fingertips

Having known about the front-end of the Homesnap app for consumers, I was intrigued to learn more about its backend interface for real estate agents. Fittingly enough, they call it: Homesnap Pro. As a first-time user, here is my initial review of the application and a few of it’s main features. Right away what separates […]

The Inman Files: It’s time to shut down RPR

Like Guantanamo Bay, Realtors Property Resource, aka RPR, is a sticky wicket for powerhouse real estate trade group the National Association of Realtors (NAR). The scuttlebut is that NAR’s leadership is considering a plan to wind down and stop funding RPR, the bloated data venture that has cost its Realtor members nearly $180 million since […]

6 ways to be more than just a ‘hobbyist’ agent

The other day I met yet another person, who said something that has never sat well with me: “Oh, I dabble in real estate as well.” This person’s nonchalant attitude about an industry I love rubbed against my professional pride. Why? Because it pared down my 30-something years of being a student and leader of real […]

How do you negotiate a price reduction with a stubborn seller?

Often when real estate agents take a listing, the agent has a price in mind, the seller has an often higher price in mind, and they are lucky to meet in the middle. After being on the market for 30-60 days at a higher price, the offers aren’t coming and the seller is getting anxious. […]

Real estate daily market update: November 1, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, November 1 The First American Real House Price Index (RHPI): August 2017 Real House Price Index Affordability increased in August due to a dip in rates. Real house prices decreased 0.4 percent between July and […]

‘No commission’ startup Reali raises another $3 million

It looks like 2017 is shaping up to be a great year for Reali, the startup that launched a year ago in Palo Alto, and uses beacons and “no commission” to lure buyers and sellers in the housing market (so far, a few areas in California). The company today announced a new $3 million investment […]

How could real estate better prepare for natural disasters?

One of 2017’s black eyes will be the series of natural disasters that wreaked historic levels of disruption on people, housing and communities, particularly on the vulnerable U.S. coasts. First a brutal hurricane season brought unprecedented levels of flooding to Houston and hammered Florida and Puerto Rico. In quick succession a firestorm engulfed California’s wine […]

New York real estate pros dressed like cowboys to celebrate top performers

It wasn’t yet Halloween, but the atmosphere was one of revelry in unusual dress. New York City’s leading real estate professionals gathered last week on the night of Oct. 27 to celebrate a year of deal-making at the Real Estate Board of New York’s (REBNY) 29th annual Deal of the Year Charity and Awards Gala […]

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