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Pending home sales drop 2.6%

Pending home sales, or the period after a contract has been signed but before the sale has closed, dropped in October after a modest rise the previous month, according to data released Thursday by the National Association of Realtors. Overall, the Pending Home Sales Index fell 2.6 percent to 102.1 in October after rising by […]

Connect the Speakers: Therese Antonelli on leading a brokerage through shift

When Therese Antonelli first got her real estate license in 2011, the market was still low, and “everybody said, ‘if you can do this, you can do anything.’” She worked on a team before leaving to forge her own independent real estate brokerage, Moving the Mitten (she’s based out of Michigan), which also includes a […]

This is the coolest (and weirdest) smart furniture to own in 2019

With smartphones and virtual voice assistants already in common usage, the next frontier is smart furniture — chairs, tables and even toilets in which certain features can be set off by a smartphone or voice. While talking showerheads and couches may seem futuristic, the trend is already in full swing. People bought more than 80 […]

Compass launches charity program, aims to be the world’s ‘most inspirational company’

Compass wants to be the most “inspirational” company in the history of the world, CEO Robert Reffkin said Wednesday night. Source: click here

Airbnb to start designing houses

Home sharing behemoth Airbnb plans to further branch out of vacation rentals and will begin designing homes as part of a new initiative dubbed “Backyard.” The company announced Backyard Thursday, describing it as “an endeavor to design and prototype new ways of building and sharing homes,” according to Fast Company, which first reported the news. […]

Fed probing into cash deals over $300K to prevent fraud

FinCEN now requires title insurance companies to identify the persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold, which previously varied by city, is now set at $300,000 for each covered metropolitan area. Source: click here

Agent’s reputation, social media matter most to clients: study

The latest J.D. Power Home Buyer/Seller Satisfaction Study found that the single most important reason for selecting a real estate company is its reputation. Source: click here

10 things sellers should never say to their listing agents

Sellers want to give their input to their listing agent on how showings should be handled as well as pricing, managing other agents, offers, negotiations and what they will and will not repair. But here’s where they all too often shoot themselves in the foot. Source: click here

Why dual agency should never happen

Jay Thompson has beef with single-agent dual agency — where one person represents both a buyer and a seller for the same piece of real estate. Here’s why. Source: click here

National flood insurance program set to expire Friday

The deadline to extend the National Flood Insurance Program expires Friday, meaning House and Senate have two days during the lame duck session to ensure homeowners will have protection. Source: click here

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