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Actor Rob Lowe slashes price of California mansion to $42.5M

Rob Lowe, the actor known for playing Sam Seaborn in the political drama The West Wing, just slashed the price of his swanky California mansion. The Agency Lowe and his wife, Sheryl Lowe, put the Montecito mansion for $47 million about a year ago. As first reported by realtor.com, the couple brought the price down to […]

The Real Word: Zillow’s losing money, but not as much as before

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

Redfin temporarily closes 4 offices after veiled threat

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

Millennials, move aside: Generation Z is already buying homes

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. […]

Keeping It Real: Why comparison is toxic for your business

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: More than another rank-and-refer platform?

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

Never underestimate the value of your knowledge about housing

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

Time to unplug: How to juggle tech and face time with clients

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

KW copied former vendor’s tech, refused to pay: Lawsuit

TPI Cloud Hosting alleges Keller Williams agreed to pay $1.8 million to develop a consumer-facing app, but never paid, then used the technology to build its app in-house. Source: click here

WATCH: The key to recruiting and retaining the best agents for your brokerage

Brokerages are feeling squeezed, and profit margins are under pressure as fickle agents jump between the highest bidders. So what’s the best way for brokerages to navigate these choppy waters? Find out from The Address’ Troy Palmquist and Avio Properties’ Linnette Edwards straight from the Inman Connect Las Vegas stage. Source: click here

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