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Listing Bits: Real estate tech’s transition to the Web API

What’s it going to take to get real estate technology vendors to transition away from RETS to the Web API? RESO is hoping that both a carrot (providing easy-to-use replication tools) and a stick (large MLSs putting a “death date” on RETS feeds) will facilitate the move. Source: click here

Should you be working with this buyer? 3 ways to tell

One of the most important rules of sales is to not spin your wheels on a dead-end deal — and real estate is no exception. Taking a few extra steps in the beginning to qualify a new buyer beyond financing can help set up both parties for success. Here are three ways to qualify buyers and dodge […]

NY developer sentenced to 6 years in prison for fraud

A New York-based real estate developer was sentenced to six years in prison on Thursday for running a multi-year scheme to defraud investors of $58 million, the U.S. Attorney’s Office for the Southern District of New York announced. Michael D’Alessio, a 53-year-old New York City, man pled guilty to misleading investors about luxury developments in Manhattan, […]

SoftBank eyeing additional $15B for its Vision Fund: Report

Softbank’s Vision Fund, the venture capital arm of Japanese conglomerate SoftBank, is seeking to raise an additional $15 billion to more heavily invest in tech startups, according to a recent Bloomberg report. The venture capital fund has led multiple massive funding rounds for both Compass and Opendoor. Compass CEO Robert Reffkin directly addressed the controversy surrounding SoftBank’s […]

‘The Good Wife’ actress Julianna Margulies puts condo up for sale

Julianna Margulies, who starred in hit television shows E.R. and The Good Wife, just listed her swanky Manhattan apartment for $5.75 million. YouTube Screenshot (Interior Design Magazine). The apartment, which boasts approximately 2,400 square feet prestigious SoHo, has been Margulies’ home for many years. She and her husband, lawyer Keith Lieberthal, purchased the property back in 2004 for […]

Constellation Real Estate Group adds 12th company to portfolio

Constellation Real Estate Group has acquired mortgage tech provider Mortgage Builder, adding a 12th company to its rapidly growing portfolio. Source: click here

The Inman Weekender: Compass buys Stribling & Associates

  Catch up on the news this weekend Compass to acquire Stribling & AssociatesBY PATRICK KEARNS | APR 3 Zillow unveils new logo and Premier Agent scoring systemBY JIM DALRYMPLE II | APR 2 Realogy, KW top Swanepoel Mega 1000 rankingsBY PATRICK KEARNS | APR 2 All of the ‘Selling Sunset’ agents, explainedBY VERONIKA BONDARENKO […]

US employment gains will push demand for starter homes

The unemployment rate remained static at 3.8 percent and total employment increased by 196,000 in March, according to the latest data from the U.S. Bureau of Labor Statistics. Wages were up slightly, according to the report, with the average hourly earnings for all employees up by $0.4. Over the past 12 months, average hourly earnings have […]

Former seller sues Coldwell Banker, NRT for agent cold calls

Calling expired listings is a time-honored way to drum up business in real estate, but being on the receiving end of such calls is not always welcome. Source: click here

ReferralExchange partners with HomeSmart, expands to Canada

ReferralExchange announced Thursday that it is expanding into Canada, and that it has teamed up with tech-forward real estate company HomeSmart. The Canadian expansion means that ReferralExchange — which connects agents to both consumers and to each other — is now operating in Vancouver, Calgary and Toronto, according to a company statement. Scott Olsen, the company’s CEO, said […]

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