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March 2018

Broker-to-Broker Recommended Reading  — The Seven Habits of Highly Effective People by Steven Covey. Click here to read part one. ...

Mansion seller sues Zillow over hidden Zestimates  — In the latest bit of pushback against Zillow, the owner of a New Jersey mansion has filed an antitrust suit against the creator of Zestimates. Read an archive article, Homeowner sues Zillow over "sloppy" value estimate....

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New Capital Flows into Real Estate Industry at Dizzying Pace

March 3, 2018
Venture capital, that smart money traditionally earmarked for Silicon Valley tech startups, has begun flooding into the residential real estate industry. The obvious question: What will become of all that cash? Will the disruptive upstarts raising venture capital manage to topple the industry’s established players? Or will they flame out as the hot business models…To read more — login/sign up

 

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Brokers Expect Tax Reform to Hurt High-Cost Markets, Benefit Other Regions

February 16, 2018
Over the objections of the National Association of Realtors, Congress in late 2017 passed a tax reform package championed by President Donald Trump. Realtors in high-cost, high-tax areas such as New York, California, Maryland, and Massachusetts say they expect less demand and falling prices as a result. However, many brokers in Florida and other relatively…To read more — login/sign up

 

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Homeowners Stay in Their Houses Longer, Chilling Housing Market: DIY Inventory Can Help

February 1, 2018
Before the housing crash of 2008, Americans were a mobile bunch, bordering on rootless. Realtors could count on homeowners to sell every five to seven years, a quick holding period that created both plentiful inventories and regular transactions. Since the Great Recession, however, Americans have planted increasingly deep roots. The typical American who sold a…To read more — login/sign up

 

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January 2018

Family of slain Realtor sues broker for negligence, wrongful death  — Three years after Arkansas agent Beverly Carter was murdered while showing a home, her family sued her brokerage, claiming the company bears part of the blame. See a copy of the Carter family’s lawsuit. ...

Off-market listings soar in some markets  — Most homes for sale are posted on multiple listing services, but a few metro areas are seeing high numbers of pocket listings. Read an archive article that gives a brief background on pocket listings. ...

Broker-to-Broker Recommended Reading  — The Go-Giver by Bob Burg and John David Mann. Click here to read chapters one and two....

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Looking Ahead to 2018: Brokerage Industry Strong, But Challenges Remain

January 18, 2018
While doomsayers once expected real estate agents to go the way of travel agents and full-commission stock brokers, the business of real estate brokerage has remained surprisingly unscathed. Still, challenges remain in 2018 and experienced broker/owners warn against complacency. In an interview with Real Estate Broker’s Insider, Lennox Scott, head of John L. Scott Real Estate…To read more — login/sign up

 

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