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Real Estate News for Realtors and Brokers
Updated: 10 min 32 sec ago

Unemployment falls to 3.8 percent, lowest level in 18 years

Fri, 06/01/2018 - 5:50am
An excellent monthly jobs report this morning from the U.S. Department of Labor: the economy added 223,000 jobs in May, and unemployment fell to 3.8 percent. That's the lowest rate of unemployment in the United States since 2000. 
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What I’ve learned from being part of a Realtor’s association

Fri, 06/01/2018 - 3:00am
"Realtor" is a term and a title that involves a great deal more than merely selling homes. I’ve been a very active, dues-paying member of the real estate industry for many years, but it wasn’t until I attended a recent C.A.R. event that I became even more enamored with my field.
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How horses changed the way I market unique properties

Fri, 06/01/2018 - 3:00am
For many, balancing work and life is about limiting the time spent on work to do more of what you love. That’s far from the case for equestrian real estate pro Jessica Thiele.
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What my old-fashioned dad taught me about the ‘typical’ iBuyer

Fri, 06/01/2018 - 3:00am
You can imagine my surprise, when as I was telling my conservative, Luddite dad about Opendoor’s model and how the company makes an offer on a property before it's listed, he stopped me cold and said, “So, I wouldn’t have to do showings? I’d be interested in that.”
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5 housewarming gift ideas for all types of clients

Fri, 06/01/2018 - 2:00am
If you want your housewarming presents to have a strong marketing impact that causes your clients to remember you and recommend you to their friends and family -- and you should want that -- then you need to give them something they’ll use for a long time.
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Seattle startup FlyHomes raises $17M to make cash offers on behalf of buyers

Thu, 05/31/2018 - 3:02pm
Seattle brokerage FlyHomes raised $17 million to expand its Cash Offers program for homebuyers who need to compete with all-cash payments.
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What you need to know about NAR’s new MLS policy changes

Thu, 05/31/2018 - 2:07pm
The goal of the policy changes is to reinforce MLSs' role in managing the use and distribution of listing content and to protect MLSs and Realtors from copyright infringement lawsuits, Cindy Ariosa, chair of NAR's MLS Forum, said at the conference.
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NAR warns members of scammer posing as trade organization

Thu, 05/31/2018 - 1:14pm
The National Association of Realtors (NAR) is warning its member agents to be on the lookout for a suspicious email phishing scam.
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Largest single-family rental company Invitation Homes sued for excessive late fees

Thu, 05/31/2018 - 12:48pm
Invitation Homes, the nation’s largest single-family rental company, is being sued for charging late fees that a plaintiff is arguing violates state law in all 12 states where the company rents homes.
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Buyers with Chinese surnames upped their buying activity by more than 20% in 2017

Thu, 05/31/2018 - 12:29pm
Although home sales dipped 4 percent year-over-year in 2017, Attom Data Solutions's latest analysis of buyer last names on more than 2.3 million single-family home sales deeds nationwide revealed that buyers with Chinese, Korean and Vietnamese surnames were out in full force.
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Re/Max spinoff Motto Mortgage expands in South Texas

Thu, 05/31/2018 - 12:25pm
Motto Mortgage, Re/Max's mortgage brokerage franchise that launched in 2016, now has 80 independent offices across 29 states, with the latest addition being Motto Mortgage United in the South Texas market of Harlingen.
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Connect the ICSF Sessions: 3 team mistakes not to make

Thu, 05/31/2018 - 10:12am
“The first mistake is not having any direction or training,” says Creig Northrop, who actually did build the best team in the nation and then launched Northrop Realty in February. He’ll be talking about the biggest mistakes that new team leaders make in a team-track session at Inman Connect San Francisco.
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Connect the ICSF Speakers: How disinformation is screwing up your reality

Thu, 05/31/2018 - 10:09am
"Sometimes disinformation is a hoax just randomly happy to spread, and sometimes it’s coordinated manipulation,” explains Renée DiResta, a disinformation expert. She’ll be talking about how to manage your own brand integrity in the face of disinformation at Inman Connect San Francisco.
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The Real Word: The frictionless future of Opendoor homes

Thu, 05/31/2018 - 9:52am
Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll parse out Teke Wiggin's "I toured an Opendoor home for sale, and its frictionless tech was a game-changer."
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Do buyer ‘love’ letters risk violating fair housing?

Thu, 05/31/2018 - 9:23am
Writing a love letter to a seller isn’t illegal, but if we discourage buyers from writing them, we might help promote fair housing. This year marks the 50th anniversary of the passage of the Fair Housing Act, and as such, we need to take a good hard look at the practice of using buyer "love" letters to win a home.
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Inventory shortages hampered pending home sales by 1.3% in April

Thu, 05/31/2018 - 8:30am
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.
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Last Chance to Save $300 on ICSF Tickets!

Thu, 05/31/2018 - 6:45am
With only 6 weeks left to go, today is your last chance to save $300 on your Inman Connect San Francisco ticket, sure to be the real estate event of the year coming this July.
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Hurricane season could cause $1.6 trillion in property damage

Thu, 05/31/2018 - 5:00am
Nearly 6.9 million homes are at risk of hurricane and storm damage in 2018, according to a new study by analytics provider CoreLogic.
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Why agent teams and brokerages should be more than frenemies

Thu, 05/31/2018 - 3:00am
In recent years, the undeniable buzz around teams has intensified. For agents, starting a team represents an opportunity to work with and mentor others, to be more efficient, to scale up your business (and potentially make it saleable) and to make more money.
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6 safety apps all agents should have at the ready

Thu, 05/31/2018 - 3:00am
Even though we're very thankful to not have reported a serious act of violence against an agent in recent months, the industry shouldn't rest on this issue — it has to be a component of the job 24/7. Here are six safety apps every agent should consider.
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