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 ...5 new tax changes your investor clients will want to know
The new tax law or 2017 "Tax Cuts and Jobs Act" includes five changes that every real estate agent and broker should know for their serious real estate investor clients. Because real estate is all about building relationships, your education on these tax changes is a must for 2018 sales. And the more you know about the tax plan changes, the more likely you are to close deals with these high-end clients.Truth: Daily naps can change your life as an agent
“Cause Uptown Funk gon’ give it to you!” Ugh, it’s 4:50 a.m. — wake-up time. You’re probably thinking, “What if she falls back asleep?” Because the fear is real. But I know my weaknesses. I have four alarms set strategically with the final one at 6 a.m. that reads: “Making sure!”The Real Word: Zillow’s homebuying plan and NAR’s logo kerfuffle
Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll tackle Zillow becoming an iBuyer, NAR’s logo kerfuffle and the value of a buyer’s agent. Will iBuyers like Opendoor face a sudden backswing?
The newest technology-based companies trying to reinvent the housing-brokerage business are the iBuyers. All are trying to simplify the process of selling one home and buying another. All rely on faith among technologists that algorithms are clairvoyant, and among the public that anything on your phone is a good thing.Imagining urban utopia — America’s ‘perfect city’
YouTube channels Life Noggin and Real Engineering contemplate "the perfect city."6 ways agents can thrive in an AI-driven world
AI is an umbrella term for things like machine learning, facial recognition, speech recognition, computer vision, and natural language processing. But as fancy, and potentially scary, as those things sound, AI today is very narrow in that it is designed to accomplish a particular task and and is dependent on humans...Home prices surge nearly 9%, biggest growth spurt in 4 years: Redfin
Home prices soared last month, climbing 8.9 percent over March of last year with 23.9 percent of homes selling above list price. The jump was the biggest monthly growth in the past four years according to a new report from tech brokerage Redfin...