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IBuyers cost sellers up to 15% of a home’s value, study finds

Market analytics firm Collateral Analytics puts hard numbers on the much-debated costs of using iBuyers to sell a home. Source: click here

Zillow is still losing money on every home it sells – but not as much as it was 6 months ago

Zillow lost, on average, $2,916 on each home it sold in the second quarter of 2019 after interest payments, earnings data shows. Source: click here

Is the luxury market taking a dive?

Fears about possible recession and burgeoning trade war are keeping luxury buyers at bay, says a new Redfin report. Other reports echo similar sentiments about the luxe market. Source: click here

Zillow and Giveback Homes launch $40K disaster relief fund

The fund will help real estate agents impacted by last year’s California wildfires. Source: click here

Prominent indie Baird & Warner makes its own investment in tech

Baird & Warner will partner with Inside Real Estate’s kvCORE platform to provide companywide technology advantages for agents and clients. Source: click here

Proptech company Cloudvirga shakes up executive lineup

California-based mortgage technology company Cloudvirga on Thursday announced 20-year industry veteran Dan Sogorka will be taking the reins as CEO. Source: click here

EXp Realty will launch mortgage, title and warranty services in Q3

The virtual, cloud-based real estate brokerage nearly doubled its revenue but still posted a net loss in the second quarter. Source: click here

Realogy posts net profit despite 5% revenue decline in Q2

The company fell in line with revenue expectations and an earnings-per-share target of $0.83, as projected by financial analysis firm Zacks. Source: click here

More than just numbers: Why specificity wins listing presentations

Listings are what keep us in business: Anyone who has been in the real estate business for a while knows that you have to list to last, so it’s important to develop our listing presentation skills. Many agents come up short on this second part thinking only the numbers are important. Source: click here

Where’s a real estate agent’s place in polarized times?

A real estate agent’s role is that of a leader, ambassador, problem-solver — a pillar of the community. When times are tough, issues are polarizing, and clients could fall on either side, agents need to lead, inspire and unify. Source: click here

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