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REX claims they don’t need the Realtor marketplace’s efficiencies and then whines when their business is struggling, because — wait for it — housing consumers actually like the benefits of using the Realtor marketplace.

“We are in the strongest position we have ever been as a company,” declared Compass CEO Robert Reffkin during an earnings call Monday. HW+ Premium Content

Home purchase sentiment dropped 3.9 points to 75.8 in July as concerns about high home prices continued to scare off prospective homebuyers.

In this edition of RealTrending, Steve Murray, senior advisor to RealTrends, explains the impact of iBuyers, institutional investors and mom-and-pop investors on the real estate market.

As a real estate agent, you’re exposed to legal risk every day. After all, you’re dealing with one of the most expensive purchases in most people’s lives. Here are some ways to minimize that legal risk.

Los Angeles County lost 40,036 residents between July 1, 2019 and July 1, 2020, according to Livabl. During the pandemic, reasons for moving varied. United Van Lines provided some data for outbound residents from New York and California in 2020. 

William Raveis Real Estate, Mortgage & Insurance (WRRE), continued its expansion in Florida, acquiring Sarasota-based Key Solutions Real Estate Group, a luxury and family-owned brokerage.

New quarter, same story. Zillow makes money through agents advertising on its website. It loses money via buying homes for cash and then reselling them. HW+ Premium Content

RealTrends Game Changer Jason Sherman uses a real estate recruiter to help drive organic growth. Find out why he’s had success doing so.

How sure are you that your vendor isn’t leveraging on your brokerage lead data?