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5 tips for boosting your bottom line in a down market

Here are five preliminary steps to streamlining your real estate business operations so that when a housing market downturn occurs — and it will — you’ll be ready to navigate the shift and boost your bottom line. Source: click here

This new home-equity tool is like CreditKarma for home value

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. If the housing bubble of the mid-2000s wasn’t enough to make home equity an everyday concern for homeowners, surely the Zestimate drove home the idea that a house should be looked at with the same level […]

JP & Associates latest brokerage to offer health care to agents

The Texas-based brokerage JP & Associates Realtors is the latest real estate company to offer its agents an associated health care plan. The move comes on the heels of the brokerage’s push to franchise last summer. “I could not be more excited for our agents,” JP Piccinini, founder and CEO of JP & Associates Realtors, said […]

Chase vows to close mortgages in 3 weeks — or hand you $1,000

Chase Home Lending vowed on Wednesday to close any borrower’s mortgage application within 21 days — or write out a check for $1,000. The ‘Closing Guarantee’ program, which the New York-based bank announced in advance of the spring homebuying season, promises to give current Chase customers a decision on their mortgage application within three weeks. The […]

WATCH: An inside look at 4 competing brokerages’ models

Online, traditional, capped-fee models — brokerages come in a variety of types these days with varying pros and cons for agents. Listen in as these ICNY panelists spell out the advantages of their particular flavor of brokerage.  Source: click here

Is this Gary Keller’s Achilles heel?

Standing before 20,000 agent-followers in New Orleans last week, Gary Keller presented his latest triumphant moment, a mix of real estate and showmanship. Source: click here

Existing-home sales hit 3-year low

Existing home sales fell for the third-consecutive month in January, according to new data from the National Association of Realtors (NAR). Home sales were down 1.2 percent over last month and 8.5 percent from January 2018. The 4.94 million homes sold in January 2019 is the lowest home sales have been since November 2014. The Northeast […]

Zillow thinks its iBuyer will dwarf Premier Agent within 5 years

Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion. Source: click here

Open Listings in Dallas gets folded into the Opendoor brand

Discount brokerage Open Listings will cease using its own branding in the Dallas area later this month and carry on under the banner of iBuyer Opendoor, which became its parent company last fall. California-based Open Listings announced the branding change Wednesday in an email to users, stating that “on Feb. 27th, we will stop operating as Open Listings in Dallas-Fort Worth […]

RE/MAX reports $50.8M in revenue for 4th quarter, beating estimates

RE/MAX reported $50.8 million revenue in the fourth quarter of 2018, a year-over-year 4.8 percent, according to the company’s Thursday earnings release, beating the consensus estimate of $50.27 million in quarterly revenue. The company also reported $6.3 million in net income in the fourth quarter. RE/MAX reported adjusted earnings of $0.49 earnings per share, in […]

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