Monthly Archives: April 2023

Fairway loses 8 California branches to rival Guild Mortgage

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The defection of former Fairway division manager John Lowe and 40 colleagues who originated $350 million in loans last year “is equal to that of a mini acquisition.” Continue reading →

Once again, Newark is named the worst city in the US to get stoned

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The Gateway City once again ranked dead last in an annual ranking of the best cities for pot lovers, falling below Bridgeport, Connecticut, according to Lawnstarter in observance of 4/20. Continue reading →

New York brokerage owner sues predecessor for alleged fraud

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Yves Jean-Baptiste bought Rapid Realty in 2018, but now says the former owner Anthony Lolli actually used the deal to pawn off a failing business. Continue reading →

Buying a home is hard. For first-timers, it’s never been tougher

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Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading →

After isolated uptick, existing-home sales shift gears in March

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Existing-home sales fell 2.4 percent in March to a seasonally adjusted annual rate of 4.44 million — 22 percent lower than a year earlier, according to data released Thursday by the National Association of Realtors. Continue reading →

3 profit-driving tips for broker-owners in a tough market

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The truth is, you can fight back against a challenging market, but it’s unlikely you can avoid it. Here are some actionable strategies every brokerage owner must know to protect and grow what you’ve worked so hard to build. Continue reading →

21 apps to accelerate your brokerage tech stack

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Inman assembled a list of technology companies for customizing a tech-stack, specific to those brokers who look for flexibility, best-of-breed options and quicker roll-out. Continue reading →

Americans’ financial stability hinges on homeownership, study finds 

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Owning a home is one of the most effective ways to build wealth in America. In fact, the median net worth of U.S. homeowners is 40x higher than that of U.S. renters. Those priced out of homeownership, and therefore the opportunity to build equity, are forced to find other housing solutions, which most often includes […] Continue reading →

Broker Spotlight: Melissa LeGrand, @properties — Elleven | Christie’s International Real Estate

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Learn how Melissa LeGrand, owner and relocation specialist at @properties – Elleven | Christie’s International Real Estate, champions authenticity and mindset in real estate to help newly licensed brokers succeed. Continue reading →

After Ralph Yarl, it’s time to retire door-knocking once and for all

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A teenager was shot for knocking on the wrong door. Telling your agents to door-knock for new business is dated advice, and it could be deadly. In a world where gun violence is in our headlines daily, it’s time to stop door-knocking. Continue reading →