LA nets biggest deal yet this year at $62.8M for spec mansion

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The European-style home is located in the Hollywood Hills’ coveted Bird Streets. The sale marks a breakthrough for a market that’s been crippled by high interest rates and a mansion tax. Continue reading →

Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett

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The U.S. Supreme Court denied the real estate franchisor’s request for consideration on Monday, but the plaintiffs won’t be able to lay $4.7 billion in damages at HomeServices’ feet — at least not yet. Continue reading →

Agents feel the pain as BoomTown outage extends into another week

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Since April 10, brokerage websites across the country have been dark as BoomTown scrambles to resolve service disruptions. The outage has already impacted the bottom line, agents told Inman. Continue reading →

Ditch generic marketing: Convey your value with storytelling

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Forget the infographics, lists and pie charts, broker Teresa Boardman writes. Instead, tell a compelling story about how you’ve helped your clients. Continue reading →

West Coast tech hubs see home values skyrocket in spring market

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Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow. Continue reading →

Media mogul Barry Diller sets new record in $45M Miami Beach deal

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Diller’s purchase of the 1.5-acre lot with 200 feet of waterfront marks a new price record for the exclusive North Bay Road. Previously, the storied Whitehall Mansion was located on the lot. Continue reading →

Canada easing mortgage terms for first-time new homebuyers

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Changes set to take effect Aug. 1 are part of an ambitious plan to boost housing construction by 2 million and help renters save up for a down payment. Continue reading →

Coldwell wins St. Louis agent Laura MacDonald back from Compass

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MacDonald is the latest agent to boomerang back from a previous brokerage amid intense competition. In 2023, while an agent at Compass, she closed approximately $20 million in sales volume. Continue reading →

Will lawsuits end 6% commissions? Probably not, 1 law professor says

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A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference. Continue reading →