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Inventory crises could stretch into 2022 and beyond: Zillow

Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the latest estimates stretching to 2029, according to a Pulsenomics survey of more than 100 economists, investment strategists and real estate experts commissioned by Zillow. When asked to name the best solution to boost […]

The fight over employee classification doesn’t end with the passage of California’s AB5

Regardless of what happens with California’s landmark effort to regulate the gig economy, the real estate industry still has huge exposure in terms of agent teams. Source: click here

Nextdoor’s latest funding round gets big boost from Mary Meeker

The growing social network announced in May it had raised $123 million, but that round ended up closing on Monday with $170 million. Source: click here

Zillow Offers is live in San Diego

San Diego is the 17th market to offer homebuyers quick-close, all-cash offers from the real estate tech giant. Source: click here

In sickness and in health: The rocky marriage of Wall Street and real estate

When real estate and Wall Street have a fling, things often go haywire. And sometimes, it can end up impacting the entire industry. Source: click here

Housing inventory drops for the first time in a year

Breaking through a year of steady growth, U.S. housing inventory took a tumble in August. According to realtor.com’s latest housing trend report, housing inventory fell 1.8 percent year-over-year last month. The median listing price, meanwhile, is at $309,000 — 4.9 percent higher than last year but an 1.8 percent drop from July. Such a steep […]

Episode 4 – The Millionaire Real Estate Agent

Looking for a way to remain competitive among top producers, an idea was pitched that forever changed the trajectory of Keller Williams – the Millionaire Real Estate Agent. With a new business blueprint in place, the team focused on developing a culture that makes agents want to call it home. Show Notes: 1:30 – Gary […]

Luxury Connect over the years: In pictures

How do you thrive in today’s luxury market? Don’t miss Inman’s Luxury Connect, October 15-17, 2019, in Beverly Hills, California. Walk away with the marketing, technology and luxury intelligence to grow your business while expanding your referral network with built-in networking sessions. Join 600 of the most notable names in luxury real estate. Reserve your […]

The secret to building an effective and profitable team

It’s tempting to pile on new agents quickly, but experience shows that the most profitable approach is moving slowly and deliberately to make sure new agents are a good fit. Source: click here

Lesson Learned: Don’t lose track of your clients

Each week, we talk to agents across the country about what they’ve learned along the way (and what they wish they had known as new agents). This week, find out how New York City broker Michael J. Franco learned the importance of getting in front of potential clients and having the systems to stay there. […]

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