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Redfin reports first quarter net loss of $36M

Redfin, the Seattle-based technology-focused brokerage, posted a net loss of $38.6 in the first quarter of 2018, and revenue of $79.9 million, a year-over-year increase of 33 percent. Last quarter, the company reported a net loss of $1.8 million. Source: click here

The Agency expands into Utah following Park City merger

Beverly Hills-based luxury brokerage The Agency has expanded into Utah, folding two recently merged local firms, Park City Realty Group and Glenwild Realty, under its umbrella. The new franchise, to be named The Agency in Park City, will have two offices in Park City, home to the Sundance Film Festival and a destination for skiers […]

Government staffers question Upstream CEO on antitrust ahead of launch

Upstream CEO Alex Lange spoke with staffers from a Senate subcommittee on antitrust, competition policy and consumer rights on Wednesday, ahead of the company’s May 14 product launch and a federal workshop on real estate competition on June 5. Source: click here

7 ideas for celebrating your mom this Mother’s Day

Mom, mama, mother, mum — whatever the variation, it’s one of the world’s most-recognizeable words. I was curious how to define such a complex word, so I took to Google, where I found this definition: mother (noun) means: to give birth to (a child). That’s a rather disappointing definition. This article is about celebrating moms. […]

What are millennials willing to give up for their ideal neighborhood?

In the face of historically low inventory levels, millennials, more than any other generation, are willing to make major compromises to live in the neighborhood or the home of their dreams. According to Trulia’s latest Consumer Home Buying Survey, 84 percent of millennials are willing to forgo key home features to live in their ideal […]

NAR ‘furious’ over criticism of leadership, denies profiteering

Editor’s note: The following piece was first published by NAR’s Facebook account in the comments of Jim Harrison’s critical op-ed on NAR for Inman on Thursday, May 10, 2018. We have republished NAR’s commentary responding to Jim in full, editing only to comply with our style guidelines. On Wednesday, an op-ed piece by MLSListings CEO Jim […]

What NY’s online advertising crackdown means for real estate

New interpretation and enforcement of New York State real estate advertising regulations could drastically change the way third-party real estate websites display listings and lead to fines for non-compliant brokerages. Source: click here

It’s time for NAR to ditch the dues hikes, or face member revolt

The industry’s campaign to raise member dues is a troubling example of its arrogance. Members have complained about the dues increase, but the NAR insiders pounced on the resistors as disloyal and even resorted to name calling Source: click here

4 negotiation tricks for newbie agents

As a broker and team leader who works heavily in the resale market, I see offers from real estate agents of all experience levels on a regular basis. Encouraged by a strong market, new agents are entering the business in droves, full of wide-eyed enthusiasm and dreams of being successful. Source: click here

Tech meets tradition: How to make your direct mail count

Direct mail can help real estate agents earn more leads while competitors spend big money on a shrinking pool of web leads. Source: click here

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