Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, Zillow lost $2,916 on every home it sold in Q2 on average. But this is a small price to pay for what it is gaining. Source: click here
An ex-Redfin contractor allegedly made what the company called “concerning comments” last week, prompting the tech-focused Seattle brokerage to temporarily close four Bay Area offices. The brokerage is working with local law enforcement to determine if there’s any real threat to Redfin employees. Source: click here
Even as you worry about the myth of millennials not buying homes, a new demographic is already moving in on this territory. Generation Z, or children born from 1995 onward, is already starting to buy houses. According to a new TransUnion report, 14 million Generation Z consumers have some sort of credit balance in 2019. […]
The inversion of the yield curve — when long-term interest rates drop below short-term interest rates — this week was seen as a warning sign to many that another recession was looming. But Friday morning’s housing start data means we shouldn’t sound the alarms just yet, according to Odeta Kushi, the deputy chief economist at […]
On this edition of “Keeping It Real,” a recurring podcast series on Inman, Peter Lorimer illuminates why comparing yourself to others is a time-suck. Comparison, especially toward the beginning of your career, is a waste of time. And your time is a valuable commodity. Source: click here
Peer Reputation helps agents connect, rank and refer one another to leverage relationships. But is its true potential in peer-to-peer referrals, or could recruiting be a better use? Source: click here
Before learning about the local restaurants and parks, consider becoming an expert on the housing stock in the neighborhood. Commit important numbers to memory, and beat your competition. Source: click here
Agents will be continually challenged to strike a balance between technology and good old-fashioned face-to-face techniques. You have to learn to tune out the noise and focus on growth, which will likely come from mining your database rather than single-digit online lead conversion. Source: click here
A pair of lawsuits could upend how compensation works, but NAR believes the cases “are wrong on the facts, wrong on the economics and wrong on the law.” Source: click here
With no iBuyer strategy, yet many options, realtor.com is falling further behind in delivering value to both consumers and agents. Here’s why. Source: click here
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