The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel's March 2023 New York City rental report.
Clarence Thomas failed to report property deal with Texas developer
Crow Holdings chair Harlan Crow, already under scrutiny for his role as a benefactor to the U.S. Supreme Court Justice, reportedly bought three properties from Thomas, including one where his mother still lives.
It’s time for the Download
Today’s Download starts by focusing on our latest Inman Handbook, all about artificial intelligence. Then we’re pulling the best of our recent coverage surrounding the promised potential that’s offered by next-gen AI-based platforms.
Fathom Realty parent company borrows $3.5M from existing investor
Fathom Holdings will pay at least 8 percent interest on a convertible note company executives say will provide more flexibility as they seek "cash flow profitability" by Q3.
Coldwell Banker Realty’s new CEO: There’s ‘opportunity’ in diversity
In her first public interview since taking the helm from M. Ryan Gorman in March, Kamini Lane expressed her passion for creating diverse role models in real estate at both the executive and the agent level to shape a more inclusive industry.
10 speakers you need to meet at Inman Connect this summer
Check out who is speaking this year at Inman Connect Las Vegas! Join us Aug. 8-10 for a power-packed line-up of distinguished speakers.
Welcome to My Crib. It’s Rented. And It’s a Moneymaker.
Though they don’t own their apartments, some renters are investing in the décor and design of their units to display on social media and are getting paid to do it.
Modwell visualizes a new way to market a listing: Tech Review
Agents and buyers can work together to search and save relevant homes from their market, and then leverage Modwell’s well-built custom rendering and design services to “imagine” what can be done to the property, inside and out.
Don’t Jump into Spring Cleaning. Take It Slow.
A writer discovers the joy of breaking up chores into manageable chunks.
Mojo, revolutions, AI headshots: Catch up on Inman’s Top 5
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
Welcome to The Download, your Friday roundup
The Download is a weekly review of one essential story from the week's Top 5, along with articles designed to provide the perspective and context you need.
How AI is poised to transform luxury real estate
As AI generative applications like ChatGPT become integrated with operations and systems across real estate firms, these tools will help scale bespoke services to clients and prospects in a way that will empower brokers to offer value in an ongoing way versus just helping in the transaction.
UWM says it’s hiring as Bloomberg details alleged ‘locker room culture’
The nation's biggest mortgage lender is planning to hire 500 people and is holding a job fair Saturday just days after a Bloomberg News expose of alleged drug use, discrimination and harassment.
Office vacancy rises above Great Recession levels to record high
Nationwide vacancy in office buildings is at 12.9 percent. Availability of space is at 16.4 percent. Both are record highs, according to a new report from CoStar.
The investor who predicted 2008 bubble warns of ‘ominous’ burst
Jerry Grantham, co-founder of the investment firm GMO, said this week he fears another bubble is about to burst, with the crisis that gripped the banking system in March just the beginning.
Broker Spotlight: Eric Bramlett, Bramlett Residential
Find out how this Austin broker took an initial setback and turned it into a thriving brokerage that's focused on motivating the team.
The agent count model doesn’t work for teams
If you want to see your team implode after a few years, focus on filling seats with anyone who can breathe, Jeff Glover writes. Here’s why the agent count model simply doesn’t work for building a profitable team.
Industry experts share how to make the most out of the market
Watch as Jimmy Burgess and Beau Blankenship share their sentiments on what is to come this spring, and what that will look like for agents.
Tips for the first year real estate agent
Congratulations on starting your career as a real estate agent! Here are some tips for your first year: Build your network: As a real estate agent, networking is crucial to your success. Start by attending industry events, joining local business organizations, and reaching out to your friends and family for referrals.Focus on your niche: Real estat...
4 ways to level up your brokerage and develop your team
By focusing on team development and a team-oriented culture, you can gain a stronger, more experienced team that outsells the competition.