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Home equity growth is sluggish

Homeowners, brace for some not-so-great news: While continuing to grow, home equity rates have increased at the slowest pace in two years, according to CoreLogic’s latest equity report, released Thursday. In total, the average homeowner gained $12,400 in equity in the third quarter of 2018 — the smallest increase in the past eight quarters. In June, annual […]

Connect the Speakers: Dustin Brohm on launching a real estate podcast

You might think that starting your own podcast is something you’d never be able to do, but Dustin Brohm created the Massive Agent Podcast in January 2018, and now he’s a podcast evangelist. “I think my biggest value as a speaker is helping people realize that if this guy can do it, then so can […]

Placester makes mass layoffs, reinstates original CEO

Some staff members who were laid off were informed Thursday. Others including those at the executive level were told earlier so that they could work on the transition, Price said. All employees leaving Placester will be given severance, he added, which will be based on tenure at the company. Source: click here

Connect the Speakers: Vachi Udolkin on using marketing automation to build business

How do you differentiate yourself as a real estate agent in a market that’s totally saturated? Re/Max agent Vachi Udolkin in Miami has done it; with more than 45,000 agents in the city, he’s still managed to capture more than 15,000 followers on Instagram and sold $45 million in volume last year. Udolkin will be […]

Say hello to your new CFPB director, Kathy Kraninger

The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Kraninger was nominated by President Donald Trump on June 18 to head the agency, which looks to regulate and act […]

Millennials’ finances are crushed by a ‘debt machine,’ Opendoor co-founder says

Millennials are regularly maligned as lazy, avocado toast-loving hipsters, but according to a co-founder of Opendoor — and a new study — the generation is instead plagued by a “debt machine” that puts them at a huge economic disadvantage compared to older generations. Source: click here

Sales rep found dead outside model home, foul play suspected

An Annapolis real estate sales rep working for the company Ryan Homes has been found dead outside a model home, Maryland police report. After arriving in response to a 911 call from local residents, police officers found Steven Bernard Wilson, 33, dead after “suffering from apparent trauma” outside a model home on the 7500 block […]

What do you think of Pantone’s Color of the Year 2019?

The orangey “Living Coral” is said to be “life-affirming” and a reaction to the onslaught of technology and social media in daily life. Source: click here

Real estate’s competition decree has expired. What’s next?

Last month, an antitrust settlement between the National Association of Realtors (NAR) and the U.S. Department of Justice (DOJ) expired. Does that mean Realtor associations can go back to engaging in practices once deemed anti-competitive? And could that change the way modern real estate works, from how online brokerages display listings to the way consumers shop for […]

Here’s what agents around the world care about most: helping people

Regular contributor Jay Thompson, reporting from a Portugal real estate conference, discusses why people helping people is the crux of real estate, no matter what country you’re in. Source: click here

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