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Home featured in steamy real estate video sells for cool $1.2M

The agent who made a steamy real estate video to accompany a listing was doing something right. A 23-year-old buyer who saw the video online ended up buying the house for $1.72 million Australian dollars, or about $1.21 million. Sam Nader, a real estate agent who works for Sydney-based LJ Hooker Bankstown, created a promo video […]

Compass fixes error showing private agent remarks on some listings

Other listing data intended for Realtors’ eyes only appeared publicly on several listings viewed by Inman last week on Compass’ mobile app and desktop website. Among them: detailed showing instructions, contact information for vendors and property disclosures (e.g. notices that property taxes are unknown or floors are slanted). Source: click here

Why eXp’s top tech exec joined flat-fee rival Redefy

Scott Petronis, the newly appointed chief product and technology officer at discount brokerage Redefy, believes the consumer is getting overshadowed in the real estate industry. Finding a company that he believes has a greater focus on the consumer is a big reason that Petronis left his role as chief technology officer at eXp Realty. Source: […]

EXp Realty names new co-presidents amid management shuffle

EXp Realty announced today the promotion of Dave Conord and Stacey Onnen as co-presidents. In their new roles, Conord will oversee eXp Realty’s growth while Onnen will focus on brokerage operations.  Source: click here

Referrals were a key income source for many agents in 2018

Referrals continue to play a key role in many real estate agents’ businesses even as the market has softened, according to a new survey. Source: click here

Realogy CEO buys $1M of company stock following losses

One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Ryan Schneider | Credit: Realogy Schneider purchased a total of 119,300 shares Wednesday at a price of $8.38 per share, according to financial documents Realogy filed. […]

Florida indie brokerage unveils agent tech platform, plans expansion

A tech-oriented Florida independent brokerage on Wednesday unveiled a years-in-the-making software platform for its agents as it plots an expansion across the Sunshine State. Sean Frank Mainframe Real Estate‘s platform, called Automated Back End, or ABE for short, has been in the works since 2012, company founder and CEO Sean Frank told Inman. The platform […]

Redfin beats expectations with $110M revenue in Q1 2019 earnings

The tech-focused Seattle-based real estate brokerage Redfin reported $110.1 million in revenue for the first quarter of 2019, a year-over-year increase of 38 percent and beating expected revenue of $104.55 million. But it still saw losses widen in the first quarter of 2019, to $67.2 million. The company posted a $0.74 net loss per share, […]

Redfin unveils option to cut out buyer’s agents

Redfin announced Wednesday it has been quietly testing a pilot program in Boston, a revised version of its 2006 service Redfin Direct, that allows consumers to make direct offers on Redfin-listed homes through the company’s website. Source: click here

5 tips for taking your up-and-coming listing from ‘for sale’ to ‘sold’

As the listing agent of a property in an up-and-coming neighborhood, you have so much opportunity to capitalize on a trending location. Here are five tips for moving your listing by tapping into what the buyer is looking for. Source: click here

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