Industry News

Articles provided by InmanNews

Connect The ICSF Sessions: Capital Connect

Inman is dedicating an entire morning to exploring real estate capital at a bird’s-eye level: It’s called Capital Connect, and you’ll hear from Silicon Valley investors and the up-and-coming (and established) tech companies that are vying for customers and funding.

How to respond when clients ask: ‘Is this a safe neighborhood?’

Safety is always at the top of the list for people buying a new home. A recent study from the online listing site Trulia shows that people are even willing to give up a lot in exchange for an added sense of security.

How to make time when there isn’t any

Time management is a myth — no one can “manage” time because we each have the same 24 hours per day. If you’re burned out from working 60 or more hours per week, the secret to regaining control is managing your choices, not your time.

Lesson learned: Who you gonna call?

Six years ago, an accomplished TTR Sothebys International Realty agent offered to mentor an on-the-fence wannabe agent who was unhappy and had plateaued in her financial services position.

If it were only about the money, every agent would always be with the lowest cost brokerage

In the second of a series of three articles, I had the opportunity to get the pulse on recruiting from Steve Murray, president and owner of REAL Trends. Murray has co-authored four books on the valuation of residential real estate brokerage firms.

How to win the listing before you arrive

How can you show up right on time for a listing appointment, but be too late? It’s a dilemma facing any agent relying on their presentation alone to win listings. If you’re waiting for the homeowners to open the door so you can make a good first impression and win the listing, you’re already too late.

How to win in the lucrative global real estate market

As real estate grows more global with the increased transparency and power of the ever-maturing internet, real estate agents have immense opportunities to capture lucrative international, long-distance business to which they didn’t previously have access. This business opportunity is significant.

Fake Trulia rental listing causes Denver family to lose $3,900

In April, rents increased month-over-month in 81 percent of the nation's 100 largest metropolitan statistical markets (MSAs), and that number jumps to 89 percent when looking at year-over-year trends. When home and rental prices are all on the rise, it's easy for buyers and renters to be lured into scams with hopes of saving a little extra change -- which is exactly what happened to a Denver family just last week ...

The week in financial markets: no recognizable housing cycle

The Fed has been oh-so-gradually pushing up on the cost of money, an overnight rate, but only this week has that up-pushing (from “underneath” as traders would say) moved long-term rates, specifically the 10-year T-note, which defines mortgages and a lot else.

Earth Day gives real estate reason to celebrate, educate

Sunday, April 22, is Earth Day — a time to appreciate this beautiful planet and raise awareness about the ways we can protect and make it better it for generations to come. 

Town Residential ceases resale and leasing ops, shedding 400 agents

Manhattan brokerage Town Residential is eliminating its sales and leasing operations to concentrate on international and new development, a spokesperson for the firm confirmed on Friday. The move will force more than 400 agents to find a new home.

California agent charged with price gouging during NorCal fires

On April 16, California Attorney General Xavier Becerra filed three misdemeanor charges against real estate agent Melissa “Missy” Echeverria for raising the price of a rental from $5,000 per month to $9,000 per month ...

Wells Fargo hit with $1B fine in mortgage account scandal

Federal regulators on Friday hit banking giant Wells Fargo with a $1 billion fine for violations involving home mortgages and auto insurance.

Parker Principle 12: Standing up to climate change

During our session, we spoke at length about disaster preparedness, stranded assets, rising home insurance rates, and the promise of new home technology — to each other. Out of the 150+ industry leaders who attended Disconnect, ours were the only two voices.

HUD resumes its investigation into Facebook over discriminatory housing ads

Facebook is under investigation for housing discrimination, again. The Department of Housing and Urban Development (HUD) reopened an investigation into discriminatory housing advertisements on Facebook, according to a report in Gizmodo.

The bold plan to rebuild the tech behind property listings across the US

Eight of the nation's largest multiple listing services have committed to taking decisive steps toward streamlining the delivery of listing data for real estate agents and brokers.

ListFlash wants to give pre-market listings the eyeballs they deserve

In an effort to increase pre-market listing exposure for its customers, ZipLogix has introduced a new product called listFlash, which gives agents a way to rapidly distribute new listings to brokerage colleagues before they land on the multiple listing service (MLS). It's a "coming soon" alert, in essence.

10 steps for making the most of your open house

Before the internet completely redefined the real estate market, open houses were one of the most effective ways to showcase a home. By using the following tactics, you can improve the effectiveness of your open house ...

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