Two Keller Williams agents who co-founded a separate startup company that offers an Amazon Alexa lead generation program called "My Home Agent" were abruptly fired by their Southern California franchise last week due to internal conflict surrounding their product.
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According to Zillow's latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since August 2017, which breaks down to an extra $118 per month or $1,416 per year.
A top Miami brokerage is hiring new staff and executives to manage a transition, but some agents feel that the firm has become too "top heavy," with little insight being sought from successful agents. How can the broker balance these concerns?
It can take years for real estate agents to build a solid client base, so it's important to do what you can to keep your past clients loyal. Here's how to stay top-of-mind with your clients and be their agent for life.
Senators Chris Van Hollen (D-Md.) and Sheldon Whitehouse (D-R.I.) have called on the Government Accountability Office to study whether vulnerabilities in anti-money laundering laws applicable to the real estate sector present increased risk of criminal activity.
The senators’ announcement noted that there has been widespread reporting on potential criminal activity in the real estate market, including between the Trump Organization and Russia.
In a letter to Comptroller General Gene Dodaro, the senators expressed concerns that transnational criminal organizations and other corrupt actors may be exploiting the gaps in US regulatory and law enforcement processes related to the laundering of money through the US real estate market.
This fall we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it.
If you had the opportunity to sit down with some of the best in the luxury real estate business, what would you ask them? Would you get Peter Lorimer to explain his real estate video strategy, or ask Jennifer Berman to explain how she builds luxury teams that capture incredible market share?
With its ups and downs often tied to outside forces in the economy, the real estate market can be a rather stressful place to invest for some.
Sam Chapin, a broker with the Gottesman Chapin Group, part of Engel & Volkers Seattle Eastside, says the frenzied scenario that can ensue when supply is low and demand is high can leave buyers anxious and sellers more in control.
“Sellers and brokers alike were all reading the same news articles and watching homes and properties fly off the market with multiple bids,” he says. “Even if it doesn’t sell in a bidding war, it sells for asking. I think buyers said ‘enough already,’ we’re not going to flip out every time a house comes on the market.’”
Brooklyn’s luxury market saw an uptick in activity for the second week in a row
Contracts were worth about $50M overall
Activity increased in the Brooklyn luxury market for the second week in a row last week with 15 contracts signed in the borough, split between nine houses, five condos and one co-op.
Manhattan’s luxe resi market recorded 22 contracts last week: Olshan
The first week with more than 20 contracts since August
Last week, more than 20 luxury properties in Manhattan went into contract for the first time since the end of August.