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WATCH: What are platforms, and why should you care?

Are broker platforms augmenting or replacing existing MLS platforms? What is the impact to industry participants? Explore why this topic is the new buzzword of the industry and what the future looks like. Source: click here

Existing-home sales begin seasonal bounce back

Existing-home sales climbed 11.8 percent from January to a seasonally adjusted annual rate of 5.51 million in February, according to the latest data from the National Association of Realtors (NAR). Despite the big uptick, sales were still down 1.8 percent year-over-year. “A powerful combination of lower mortgage rates, more inventory, rising income and higher consumer […]

Remine lays off two-thirds of sales staff a month after raising $30M

Property data and analytics firm Remine laid off dozens of staff members Friday as part of a “strategic decision to double down” on its MLS business. Remine CEO Leo Pareja announced the layoffs in a LinkedIn post, saying that the company was terminating the employment of 42 members of the sales team. Pareja described the layoffs […]

New tool allows consumers to compare iBuyer offers nationwide

Zavvie has launched Offer Optimizer, a tool that allows homeowners to compare instant offers from Offerpad, Opendoor, Zillow Offers and Redfin Now. Source: click here

Two RE/MAX brokerages merge in Massachusetts

A pair of RE/MAX franchises in Massachusetts announced this week that they have joined forces in a merger that creates the second-largest RE/MAX brokerage in New England. The merger combines the forces of RE/MAX Executive Realty and RE/MAX Best Choice, both of which hail from the Greater Boston metro area. The new brokerage, which will […]

Real estate’s cord-cutter moment is here — are you ready?

Just as with television, parallel paths are shaping up for the consumer when it comes to buying and selling a house — the old way and the new way. Source: click here

Realogy sues former manager who defected to Compass

Realogy has sued a former manager of one of its Sotheby’s International Realty franchises for defecting to competitor Compass, allegedly in violation of a noncompete clause. Source: click here

CoreLogic and Homesnap team up to make agents more mobile

CoreLogic and search platform Homesnap have teamed up to let agents update listings, sync contacts and perform other tasks all from their phones. Source: click here

WATCH: Real estate isn’t the only industry with problems

It’s easy to have blinders on when it comes to the problems real estate leaders face, but industries from travel to publishing are experiencing many of the same pain points. Source: click here

Orlando Bloom’s bachelor pad hits the market for $9M

Now that he’s counting down the days until his marriage to Katy Perry, Orlando Bloom decided to part with his bachelor pad — and sell it for $8.999 million. The Beverly Hills estate, which Bloom purchased in 2017 from Mexican architect Miguel Angel Aragonés, has been listed by Jason Oppenheim, of L.A.’s Oppenheim Group. Photo Credit: […]

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