Tag Archives: Industry News

Rental brokerage Keyo will pay landlords even if tenants default

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The ‘Keyo Guarantee’ is currently available in New York City and ensures landlords will get up to 2 months rent if a tenant breaks or defaults on a lease. Continue reading →

House passes Equality Act in step toward LGBT housing protections

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Currently, 21 states and the District of Columbia offer prohibit discrimination on the basis of sexual orientation and gender identity. Wisconsin only banned discrimination on the basis of sexual orientation, not gender identity. Continue reading →

Why didn’t all the rain put a halt to homes sales this spring?

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The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading →

Brown Harris Stevens isn’t for sale — but rumors persist

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In a letter to the company’s more than 1,000 agents, CEO Bess Freedman and President Hall Willkie emphatically say the company is not for sale, and accuse an unnamed brokerage of spreading rumors to support unethical recruitment tactics. Continue reading →

The Real Word: CEO addresses new Redfin Direct option

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, Redfin CEO Glenn Kelman addresses Redfin Direct’s new option. Continue reading →

Ransomware attack delays home sales in Baltimore

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The attack began last week and has locked up the city’s computer systems, which is preventing title companies from checking on properties’ lien status Continue reading →

Opendoor sued for trademark infringement over its mortgage brokerage

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Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in A… Continue reading →

WeWork parent company sets up $2.9B property investment fund

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The We Company, which is the parent company of WeWork, is setting up a new real estate investment fund for commercial projects around the world. Continue reading →

Agents rating agents? This brokerage is putting it to the test

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A new collaboration is giving more than 600 agents at Berkshire Hathaway HomeServices Professional Realty a new way to provide feedback for their peers. Continue reading →