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Opendoor’s next frontier: Older, pricier homes in LA

The iBuyer will purchase homes costing up to $800,000 in the Los Angeles metro area, which is home to more than 13 million people. Source: click here

Paul Manafort’s former son-in-law gets 9 years for real estate scams

Paul Manafort’s former son-in-law, Jeffrey Yohai, was sentenced to nine years and two months in prison for a series of fraud schemes involving high-end Los Angeles real estate. As first reported by Politico, Yohai, 37, pleaded guilty to a variety of frauds, including leading investors to believe that he was building spec houses in wealthy parts […]

Title software startup Qualia raises $55M in latest funding round

Qualia, a startup that provides technology to facilitate digital real estate closings, announced Wednesday that it has raised $55 million. The new cash is part of the company’s Series C funding round, which was led by Tiger Global. Other investors involved in the funding round included Bienville Capital, 8VC and Menlo Ventures. In a statement, […]

One year later, Amazon’s HQ2 drives massive housing shortage in Virginia

Last fall, Amazon changed Virginia forever when it announced its decision to locate a much-hyped HQ2 office facility in the state’s Arlington County. And now, exactly one year later to the day, the impacts of that announcement on the area’s real estate have come into focus: There are inventory shortages, skyrocketing prices and “a blistering […]

Joy, despair following vote on NAR’s pocket listing policy

Comments on the proposal have been split, with some suggesting the overwhelming majority vote may not represent the industry at large. Take this poll to share your opinion. Source: click here

Announcing the first round of speakers for Inman Connect New York

New money, new players and new models are going head-to-head with seasoned brands and established best practices. That’s why attendees invest valuable time to come to Inman Connect. They strengthen ties, build new partnerships and listen for signals from front line leaders to help them navigate changes to come. Inman Connect New York just announced […]

S2E1 – A CEO State of Mind

Leadership can be an elusive concept. There’s no true recipe for success, as leadership styles vary across cultures and industries. However, one thing rings true – the best CEOs start by addressing mindset before taking action. This episode walks through the development of this mindset and identifies the three key elements that make up the […]

As California rolls out short-term rental regulations, investors look elsewhere

Los Angeles, which thanks to its beaches and good weather is one of the world’s most popular destinations, recently embarked on an experiment that could radically change its tourist industry: It started enforcing new short-term rental regulations. The move is a major development in the long-running vacation rental saga, but it also highlights the growing complication […]

Are open houses too dangerous to justify?

Following a wave of headlines about open house-related crime, agents say safety issues are a growing concern in the real estate industry. Source: click here

Pulse: 26 handlers for ‘Another agent said we could get more money’

We asked, and you all came out in droves to share your best responses. Our favorite handlers from last week’s Pulse survey include asking to see the other agent’s math and emphasizing an ethical obligation to disagree. Source: click here

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