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Realtor.com lays off Arizona sales team, consolidates in California

The team in Scottsdale had been working on realtor.com’s lead generation and marketing products, which are geared toward real estate agents. Now, all those sales efforts at realtor.com will be consolidated into an office in Westlake Village, California, about 37 miles northwest of downtown Los Angeles. Source: click here

Redfin’s new agent-free service hits regulatory snag

Redfin Direct, a pilot program that allows consumers to make direct offers on homes listed by real estate brokerage Redfin online without being represented by a buyer’s agent, is violating a regulation regarding agency disclosure, according to a Massachusetts state agency that oversees real estate licensees. Source: click here

Same-sex couples face discriminatory lending practices: Study

Same-sex couples were 73 percent more likely to be rejected for mortgages than heterosexual couples, according to an Iowa State University Ivy College of Business analysis. The study looked at home loans granted over a quarter of a century between 1990 and 2015. Source: click here

Company that eliminates security deposits ‘locks’ in new partner

LeaseLock replaces security deposits with monthly fees and believes its new insurance partnership shows that the industry is embracing its business model. Source: click here

Vacasa’s new board member hints at IPO future

Matt Roberts, the former CEO of OpenTable is joining the board of directors for vacation rental management startup Vacasa. Source: click here

What is company culture? An indie broker-owner gives his 2 cents

Regardless of what type of brokerage you belong to, culture makes a big difference in how a business operates. In fact, a company’s culture can make or break its success. How do you find a culture that’s right for you? Regular Inman contributor and indie broker Troy Palmquist shares his thoughts on company culture. Source: […]

READ: Justice Department’s letter to CoreLogic demanding MLS info

Inman has obtained a letter from the Department of Justice requesting information on multiple listing service data from CoreLogic, a California-based financial services and analytics firm. Source: click here

HUD Secretary slammed for confusing REO with Oreo cookies

As the Secretary of the Department of Housing and Urban Development (HUD), Ben Carson is arguably one of the most powerful people in the U.S. when it comes to housing policy and regulations. So it came as an unpleasant shock to some lawmakers and political observers on Tuesday when Carson briefly confused REO, a term […]

4 tips for avoiding toxic behavior in real estate

Whether it’s clients creating roadblocks over the smallest details or other agents working to bring their colleagues down, today’s entrepreneur needs to be equipped to not only combat the problem when face to face, but also prevent it from ever happening. Here are a few tips on how to eliminate the toxicity from your professional […]

Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Source: click here

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