Jeff Bezos adds $90M mansion to Miami property portfolio

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The mansion marks the Amazon founder’s third such purchase on Indian Creek Island, an exclusive enclave in Miami with limited availability. Continue reading →

Troubled WeWork projects savings of $8B through restructured leases

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The bankrupt provider of co-working spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives said Tuesday. Continue reading →

New commission lawsuit in New York may draw FTC attention

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The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading →

On the cusp of capital? Doubts creep in, broker-owners tell Intel

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Brokerage leaders told Intel their faith in improving capital conditions is still alive but weakening. What happens next remains an open question with high stakes for the real estate industry. Continue reading →

Focus on these 5 people-first strategies to fuel your business

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Forget high-tech tools and complex formulas for success, writes broker-owner Tania Moore. Building a satisfying real estate career comes down to these five people-centered steps. Continue reading →

Aidium Mortgage CRM lands $19M in Series A led by PeakSpan Capital

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Founded as Daily AI, Aidium rebranded last year to better align brands it had acquired — Whiteboard CRM and Recruitable.ai — under a single umbrella. Continue reading →

California legislator proposes $1.25B affordable housing bill

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United States Representative Adam Schiff (D-Calif.) is taking another shot at solving America’s housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.

The Affordable Housing Conversion Act … Continue reading →

NAR’s settlement paints a murky commission picture for consumers

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CEO Sean Frank writes that an unintended consequence of MLS changes following on the heels of the NAR settlement is that the dynamics of real estate transactions become less transparent to the very individuals they are meant to serve: buyers and sellers. Continue reading →

‘Million-dollar’ cities have spiked to a new high in the US: Report

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There are now 550 “million-dollar” cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis. Continue reading →