Market News/Feeds

Keeping you up to date on all the latest business and real estate news.

Inman News

Season 3 of "Selling Sunset" launched on Friday, and it provides the inside track on The Oppenheim Group's largest sales and headline-making personal drama, including Chrishell Stause's divorce from "This Is Us" star Justin Hartley.
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Facebook's newest social media tool Instagram Reels was announced 24 hours before President Trump announced a ban that will take effect in 45 days on TikTok.
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On Friday, New York Gov. Andrew Cuomo announced schools would reopen in September. Parents that fled for the suburbs could return if the city goes through with the plan.
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Agents have mixed feelings about an executive order issued by President Trump banning use of the Chinese-owned app if it's not sold to an American company by next month.
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Keller Williams agents have shown "remarkable resilience and fortitude over the past several months," CEO said during a Q2 earnings call in which the company reported a 15 percent year-over-year decline in transactions and sales volume.
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July unemployment report shows a long road to recovery - Friday, August 7, 2020 - 9:15am
Despite improvements in unemployment and payroll, the July unemployment report shows the U.S. is still far from its pre-pandemic economic strength.
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The pandemic also underscored how agents remain the most important part of the transaction, Chief Customer Officer Nick Bailey told investors Friday morning.
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"I didn't know if this was going to be the hardest sale of my life or if this was going to be so unique that it goes viral," agent Nick Fallico told Inman.
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News Corp. subsidiary Move Inc. says it continues to offer realtor.com's lead gen products such as Connections Plus in about 90 percent of U.S. markets.
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A $100M condo? In Los Angeles? Amid a pandemic? - Friday, August 7, 2020 - 6:01am
If sold, the 20,000-square-foot penthouse atop The Residences Tower in West Hollywood would triple the largest condo deal ever transacted in Los Angeles County, when author Candy Spelling purchased a $35 million condo in 2010.
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"The reality is that [buyers] hold the trigger and are looking to chisel down anybody selling," Miami real estate consultant Peter Zalewski told Inman.
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A lot of new agents have a tough time showing their value to their clients. The truth is, that value has little to do with experience. Rather, it's about possessing these four traits.
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The Real Word: Is ‘was’ a word of the past? - Friday, August 7, 2020 - 2:00am
Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they'll discuss Brad Inman’s Connect Now talk, traits real estate agents should possess and a VR record deal in Aspen.
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What agents need to know about smart home protocols - Friday, August 7, 2020 - 2:00am
Setting up a smart home can really add value to a home — not to mention, enormous convenience for the homeowner. But where do you get started? And how do you set up a centralized smart home hub? Here's what you need to know.
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How to mentor the future leaders in your business - Friday, August 7, 2020 - 1:30am
It takes a serious commitment of both resources and time to develop an individual into a future leader, but it can be done in less time and more effectively than most executives ever realize. Here are four ways to effectively mentor leaders.
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The Android and iOS app HomeRover allows multiple parties to view, screenshot and make a list of what they want to see in real time.
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Move parent company News Corp. said revenue declines were primarily due to customer billing relief measures and a weakened real estate market.
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The online real estate giant brought in $768 million during the second quarter of 2020 while setting a new traffic record with 2.5 billion visits to its website.
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Despite the nearly 25% decline in revenue, RE/MAX CEO Adam Contos said June was an 'encouraging' month for the housing market.
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Coldwell Banker has welcomed three women franchisees to its Inclusive Ownership Program, which aims at improving the diversity of real estate entrepreneurs.
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The pandemic has led to both a surge in pet adoptions and home improvement projects. Will the two trends meet soon in a wave of 'catio' projects?
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An agent count of 100,000 would make eXp Realty the biggest brokerage in the U.S., with twice the number as its leading competitor, Realogy Brokerage Group.
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The updated listing quality policy is similar to a rule implemented by Realtor-affiliated multiple listing services in May designed to combat pocket listings.
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Compass launches AI-powered CMA tool for agents - Thursday, August 6, 2020 - 7:00am
The new tool is the latest in a series of product rollouts for the New York City-founded brokerage.
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The number of shares and pricing is a downgrade from the company's initial announcement offering 150 million shares ranging between $20 and $22 per share.
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It's the lowest level of new jobless claims since the pandemic began spreading across the United States, but still far ahead of pre-COVID-19 norms.
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5 business coaching myths agents need to get over - Thursday, August 6, 2020 - 5:00am
There are still a lot of misunderstandings around coaching — what it is, who it's for and the types of coaches out there. Not all coaches are created equally. As you're considering your first (or next) coach, keep these myths in mind about coaching.
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3 essential coaching techniques every leader should know - Thursday, August 6, 2020 - 3:00am
If you're in the position of leadership, coaching your agents is an essential part of the job. It's also what will help propel them to success. Know how to do it well by sticking to these three techniques.
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As an agent, what are you doing now to create new pathways for future business? Here are a few ways you can keep yourself open mentally and professionally — and some ways you might be closing yourself off to opportunity.
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Doctors Without Borders is a unique organization doing much-needed work around the world. But the lessons of leadership apply to every business in every industry. Here's what one real estate professional learned from MSF about building a relationship-based business.
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Where are the best and worst COVID-19 rebounds? - Thursday, August 6, 2020 - 2:00am
A recent Clever Real Estate report looked at the national trends that were spurred this year by COVID-19. Here are a few of them — plus the top five metros with the biggest increases as well as drops in buyer demand.
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As a team leader, you have a responsibility to guide your team from panic to assurance — especially in challenging situations. That's why they look up to you. Here are a few strategies to help you be the supportive leader they're looking for.
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A seasoned coach on why small group training gets results - Thursday, August 6, 2020 - 1:00am
Real estate coach Mike Pallin shares how he broke into the field, why he keeps prices low and why eight is the magic number for group sessions.
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