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Pending home sales down 1.3% in April due to inventory shortages

The National Association of Realtors (NAR) Pending Home Sales Index (PHSI), a forward-looking indicator that tracks home sales in which a contract is signed but the sale has not yet closed, decreased 1.3 percent in the month of April to 106.4, down from an upwardly revised 107.8 in March. NAR chief economist Lawrence Yun said continued inventory […]

Connect the ICSF Speakers: Managing a restless workforce

How can agents, tech companies and brokerages all move Faster, Better, Together? Learn how this July at Inman Connect San Francisco. Buy your ticket here, and remember that Select members get a $100 discount. Thinking of bringing your team? There are special onsite perks and discounts when you buy those tickets together too. Just contact us […]

How a luxury brokerage is using WeWork to expand across LA

PLG Estates’ brokerage owner Peter Lorimer and his wife and co-founder, Cindy, put a lot of effort into their three Los Angeles offices since starting up in 2010, but they were always getting asked by agents when they were going to open in other popular area neighborhoods such as Manhattan Beach, Pasadena or Playa Vista. […]

Fifth Wall Ventures launches new real estate tech investment fund

Fifth Wall Ventures, a venture capital firm that frequently puts money toward real estate tech, is raising even more funds toward new startups. Fifth Wall Ventures Retail Fund, a new investment fund, has already raised $60 million from two unidentified investors in an offering valued at $200 million, according to an SEC filing issued May […]

Realogy shifts investment strategy toward real estate technology

Two recent investments show real estate conglomerate Realogy putting its resources behind tech startups building tools for real estate agents. Source: click here

10+ tools that will make your writing more profesh

Whether you’re writing a description for a new property that’s entering the market, a sales contract for your customers or even a report for your boss, writing and publishing content is one of the best ways to communicate in real estate, and your carefully chosen words and photos can be used to educate, inspire and […]

How to use social proof to snatch more clients

It’s no secret that people show their approval of others and conform their actions in the form of feedback, likes, reviews, becoming followers and even joining in other people’s causes. When it comes to showcasing your brand, taking advantage of this phenomenon, known as social proof, is a no-brainer. Source: click here

How Amazon’s HQ2 finalists rank based on housing market

Amazon is heading into the home stretch of its search for the city that will lay claim to the company’s second headquarters, or HQ2. Amazon has said it’s looking for a city with mass transit options, an international airport nearby, an existing labor force and a strong community and quality of life for future employees. […]

Inside the billion-dollar virtual brokerage

EXp Realty is a virtual, cloud-based brokerage founded nearly a decade ago. But what sometimes flies under the radar about the remote real estate company is that its 12,000-and-counting agents don’t just talk via Slack and on the phone: they log on to a full-fledged virtual world called eXp World, reminiscent of The Sims or […]

Roommate-finding app Roomi launches in London, eying international expansion

The roommate-finding app announced its launch in London and acquisition of Study Abroad Apartments in preparation for its European expansion. Source: click here

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