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Redfin expands 1% listing fee to San Diego

High-tech brokerage Redfin has expanded its 1 percent listing fee to San Diego, having found success with the pricing in a handful of other markets. The rate is well under half the typical 2.5 percent fee in San Diego, meaning homesellers would save about $7,500 on the sale of a $500,000 home, Redfin said in a press release. […]

Ted Bundy’s childhood home sure sounds like it was haunted

Real estate agents don’t always have to disclose when a violent crime was committed in a home listed for sale — and there are certainly no rules about disclosing the childhood homes of notorious serial killers. A Tacoma home where Ted Bundy lived beginning at the age of 9 was recently renovated and sold, and […]

TurboAppeal, property tax appeal tool, acquired by Paradigm Tax Group

Ignorance, laziness or an aversion to bureaucracy are sometimes the only things standing between homeowners and lower property taxes. TurboAppeal lifted these barriers by making it a breeze to file property tax assessment appeals. Validation of the business model came today with the announcement that Paradigm Tax Group, a property tax consultancy, had purchased the startup. Terms of the deal were not […]

Marketing video for $100M estate is ‘as sexy as the house’

Take Eyes Wide Shut and transform it into a listing video — that’s the concept behind the marketing of Opus, a $100 million estate designed and built by developer Nile Miami and architect Paul McClean. The whopping 25,500-square-foot mansion boasts seven bathrooms, 11 bedrooms, two swimming pools, two kitchens, a 20-foot waterfall and a several […]

How one agent used a T-rex costume to generate real estate business

The Tyrannosaurus Rex no longer rules the world, but it has a chance to take over the real estate game thanks to Charlotte Realtor Jonathan Andrews who donned a T-Rex costume during his latest listing video. Andrews, who works with the Hornet Realty team, started his foray into video-making a few years ago, and over […]

The top 10 hottest luxury real estate markets in the world

The world’s luxury real estate market is showing an upward correction as global stock markets surged in early 2017 and political uncertainties slowly clarified. Prices of million-dollar-plus homes increased by approximately 2 percent across the globe in 2016, according to Luxury Defined, a whitepaper by Christie’s International Real Estate (CIRE), out today. The report revealed a […]

Zillow Group listing policy change is shaking up the industry

Christian Harris thought Zillow Group and his multiple listing service (MLS) had put his brokerage in a tough spot last week. Zillow Group planned to prohibit agents from manually posting listings on May 1, a new policy it announced in late February. And because Harris’s MLS was not sending listings to Zillow Group, he thought his brokerage, […]

Grow your referral business the easiest way possible — Reach150

You know the secret to growing your business is generating referrals. But most agents don’t have time or a system to make this a daily habit. Reach150—now a part of SmartZip—solves this challenge by providing a simple, systematic way to gather testimonials and build your business through referrals. Join us to see how Reach150 can […]

Daily market update: May 11, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio News from earlier this week Tuesday, May 9 CoreLogic Loan Performance Insights CoreLogic Loan Performance Insights Serious delinquency and foreclosure rates hit lowest levels since 2007 […]

Digital mortgage startup Morty launches with $3M in funding

The bustling fintech industry continues to spawn new companies that aim to provide the ease of use and speed consumers enjoy in other industries and also seek in the mortgage lending process. The newest is Morty, a fully-automated mortgage marketplace that provides end-to-end service. In addition to officially launching, Morty announced $3M in funding led by Thrive Capital […]

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