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IBuying giant Opendoor to begin offering home loans

IBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Austin, Houston and San Antonio, as well as in Phoenix and Tucson in Arizona. The new service is […]

Consulting firm T3 Sixty hires former NAR, Lone Wolf execs

Real estate consulting firm T3 Sixty, the company behind the influential Swanepoel Mega 1000 rankings, announced Thursday that it has hired a pair of new vice presidents who previously worked as executives at the National Association of Realtors (NAR) and tech company Lone Wolf, respectively. Mark Lesswing, formerly of NAR, and Jonathan Peterson, who previously […]

Locals, not Amazon workers, are buying property near HQ2

Amazon’s decision to open a second headquarters in northern Virginia is causing a major housing boom — but not among the people you’d suspect. As first reported by the Washington Post, local residents, along with investors, not Amazon employees, are snapping up properties near Crystal City, the neighborhood in Arlington, Virginia, that will be home […]

WATCH: To keep good agents, fire the bad ones

It’s one thing to recruit great agents, but they do you no good if you’re not able to keep them. How can you incentive top producing agents to stick around for the long term? Paul Aslanian, Director of Business Development & Co-Founder at BloomTree Realty, and Kevin Markarian of Marker Real Estate shared their advice […]

An estimated $4B will flow to U.S. proptech companies in 2019 – that’s just the beginning

An estimated $4 billion is forecasted to flow into the U.S. real estate technology (proptech) space in 2019, a record for the industry, according to a new report from CB Insights, but experts in the space say the industry hasn’t come close to reaching its peak. Source: click here

KW advises charging 0% to clients who sell to Offerpad

Keller Williams Realty is advising its agents to charge nothing to clients who sell to the iBuyer Offerpad and instead to only accept payment from Offerpad in the form of a 1 percent commission. Source: click here

Can iBuyers survive a market shift?

It’s easy to say iBuyers will fail when the market shifts, but there are many facets that we just aren’t looking at closely enough. What should agents be focused on? Find out here. Source: click here

Business model wars: How will consumers choose?

Homebuyers and sellers have a plethora of options when it comes to buying and selling homes. There are more business models in the U.S. brokerage business than ever before. What do they care about most? Source: click here

How to keep your commission off the negotiating table

You’ll likely come across buyers griping about commissions — probably because of their own experiences or poor representations of what agents actually do on reality TV or social media. Here are a handful of tips for showcasing your worth and combating the complaints. Source: click here

$130M Coldwell Banker team jumps to Keller Williams

The move by The Laugesen Team in California follows a string of high-profile defections from Coldwell Banker NRT earlier this month. Source: click here

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