Redfin shuts down iBuyer Redfin Now while slashing 13% of workforce

As many as 264 employees impacted by the cuts were from Redfin Now, the company's iBuying division, while an additional 218 jobs from other departments are also being eliminated.

Tags:

After cutting Q3 losses, loanDepot has sights set on breaking even

The troubled lender has shed 5,200 workers through layoffs and attrition and is instituting other cost-cutting measures aimed at trimming $400 million in annual expenses by the end of the year.

Tags:

What to watch for at NAR’s annual conference this week

NAR NXT in Orlando will feature sessions on fair housing, politics, market forecasts, MLS data-sharing and a proposed update to the Realtor Code of Ethics, among other topics.

Tags:

NAR’s 2022 data just dropped. 9 lead gen strategies to act on now

The newly released NAR 2022 Profile of Home Buyers and Sellers is packed with powerful data to guide your lead generation efforts in 2023. There has been a major shift in several essential areas that will allow you to capture market share in areas you may not have considered in the past.  

Tags:

Venture Sotheby’s spreads Hawaiian presence to Mauna Kea Resort

The new offices located in the historic resort will build on the brand's existing presence on Hawaii Island in Keauhou, Waimea and Hilo.

Tags:

Mortgage giants Fannie and Freddie battened down the hatches in Q3

Fannie and Freddie remain profitable but are setting aside pots of money to cover future losses that could result from falling home prices.

Tags:

Park City listing is one of the town’s priciest at a pretty $29M

The modern home, designed by architect Wallace Cunningham and constructed from glass, steel and concrete, was named "Cascade" for its structure, which seems to flow down the hillside like a waterfall.

Tags:

3 in 10 homes on market are newly built, the highest share in decades

A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin.

Tags:

Steve McQueen’s former Malibu home hits market for $16.995M

The house contains multiple decks with views of the Pacific, a surfboard storage room, a private staircase to the beach and main rooms that seamlessly transition onto its deck, according to the listing.

Tags:

Recruiting season is afoot. 10 brokerage red flags to watch

Finding the right broker is an essential step in growing your real estate business. Chris Heller offers the warning signs to watch for when it's a bad fit.

Tags:

EXp Realty expands into Poland amid international push

Competition and a slowing market are making international expansions an increasingly important part of many U.S. companies plans for growth, including eXp Realty.

Tags:

Who will be the next billion-dollar darling of short-term rentals?

Companies that choose to adapt to these emerging trends will reap the most significant rewards, and those that don’t will become relics of an old way of doing business.

Tags:

Getting into short-term rentals? Here’s top coaching advice

Self-managing a short-term rental is totally doable. Expert Stacy Soleil says it’s more work than a traditional long-term rental, but there are ways to set it up to minimize the overall time spent.

Tags:

The pandemic unleashed a flood of office-to-residential conversions

New adaptive reuse apartments are growing at a faster rate than new construction apartments, jumping 25 percent over the past two years, compared to a 10 percent increase in new construction apartments.

Tags:

Lesson Learned: Put your focus on the follow up

Find out how this Miami agent brings his global perspective, strong client focus and consistent follow-up to the practice of real estate.

Tags:

5 foolish financial fails (that could cost you everything)

Whether it's budgeting, taxes or managing expenses, real estate agents need to pay close attention to money matters. Chris Heller outlines the five financial factors you may be overlooking.

Tags:

Ditch ‘traditional’ marketing! 3 steps to building relationships at scale with Instagram

Ready to scale up your business on Instagram? Marketing expert Michelle Berman-Mikel shows you how to scale up engagement with your DM's to generate move ready leads

Tags:

Never created a real estate budget? 11 smart-money tips to help

In real estate, nothing is guaranteed. Plan ahead, and build good financial habits with these essential budget tips to weather the many seasons of the real estate market, Ojo Labs' Chris Heller writes.

Tags:

Circa 1940: Kitchens and baths from the World War II era 

Understanding the development of housing styles, including kitchens and baths, is an advantage for today's real estate agent. Gerard Splendore offers a look at the innovations and design detail of 1940s homes.

Tags:

‘Affordable housing makes good business sense’: EXIT CEO

Homeownership plays an outsized role in wealth building, but a lack of affordable housing is keeping it out of reach for too many Americans. EXIT Realty CEO Tami Bonnell writes that it makes good professional sense for Realtors to prioritize affordability as an area of concern.

Tags:
LikeRE Logo