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‘I don’t like the new ownership’: Contactually clients wary of Compass takeover

The Compass acquisition of Contactually has some of the CRM-maker’s 37,000 users wondering if they should find a new customer relationship management platform. Source: click here

Are you ready for the real estate transactions of tomorrow?

Joseph Snyder of Lannister Holdings, one of the first companies to facilitate mortgage loans with blockchain technology, talks about blockchain’s place in real estate today and how agents should prepare for tomorrow. Source: click here

Universal rent control is here: Will it backfire?

Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Source: click here

Douglas Elliman profits collapse amid slower real estate market

Profits at real estate giant Douglas Elliman fell by nearly 75 percent in 2018, thanks at least in part to a slower residential market, according to the company’s latest earnings report. Douglas Elliman parent Vector Group reported Thursday that the real estate company brought in a net profit of $5.2 million in all of 2018. […]

Nearly two-thirds of millennials have homebuyer’s remorse: Survey

If you are having second thoughts about the home you just bought, you’re not alone. Nearly two-thirds of homeowners between the ages of 23 and 28 have some regret about their purchase, according to new survey data from Bankrate. At 63 percent, millennials are more likely to regret the home they bought more than any […]

How real estate gave Jamie Zapata a new lease on life

Fifteen months ago, Jamie Zapata began her career as a real estate agent after facing decades of discrimination at other jobs for being a transgender woman. Source: click here

Why Spencer Rascoff and Zillow aren’t out to get us

Reposted with permission from J Phillip Faranda. Yesterday, the housing world was rocked when Zillow announced that their CEO of 10 years, Spencer Rascoff, would be stepping aside and that co-founder and original CEO Rich Barton would be taking over again. I, of course, have thoughts — so does the rest of the housing world, […]

7 property marketing trends that need to die

Whether it’s a deceiving description, really unattractive listing photos or blurry videos — none of these strategies appeal to prospective buyers. These “tactics” for marketing listings just need to go away for good. Source: click here

Compass scoops up Contactually, CRM-maker beloved by rivals

Compass is set to acquire Contactually, a cloud-based real estate software company with one of the industry’s leading customer relationship management systems. Contactually’s team of 32 engineers will join Compass’ 270-person tech team to further build out Compass’ CRM and its entire suite of products. Source: click here

Pending home sales decline annually for 13th straight month

The National Association of Realtors (NAR) Pending Homes Sales Index, a forward-looking indicator based on contract signings, declined 2.3 percent year-over-year in January, the 13th straight month of year-over-year declines. In the short-term, however, the Pending Home Sales Index increased 4.6 percent to 103.2 in January, up from 98.7 in December. “A change in Federal Reserve policy and the […]

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