Discrimination second only to high prices as biggest obstacle to buying

The National Association of Realtors latest consumer survey revealed affordability is the main thing plaguing homebuyers, followed by discrimination, mortgage access and agent performance. Continue reading

Power Buyer clients made 1 offer on average. Traditional buyers? 7

As homes continue to fly off the market for five to six figures above sellers’ asking price, real estate startup zavvie said homebuyers are increasingly turning toward Power Buyers to help them effectively win against well-funded institutional and indi… Continue reading

RE/MAX enlists SUCCESS Coaching exec to lead West Coast operations

SUCCESS Coaching executive Ben Fairfield has joined RE/MAX as vice president of region development for the West Coast, overseeing franchise growth across 15 states. Continue reading

Compass taps Mindbody CEO Josh McCarter to join board of directors

Compass has added Mindbody CEO Josh McCarter to its board of directors, according to an announcement on Monday. McCarter is the New York City-based brokerage’s seventh board member, alongside CEO and founder Robert Reffkin, Charles Phillips, Jeffrey Ho… Continue reading

Keller Williams Pres. Marc King has a plan for unproductive agents

Keller Williams President Marc King says the company has a to-be-announced plan to help the 80 percent of agents who are underproducing level up — playing to the company’s belief that the agent is always No. 1. Continue reading

Compass reaches settlement in Section 8 discrimination case

A year after being placed in the hot seat for discriminating against low-income renters in New York City, Compass has reached a settlement with the watchdog group Housing Rights Initiative (HRI). Compass will now offer higher commissions for Section 8 … Continue reading

Millennials ditching starter homes will lead summer inventory boost

In Realtor.com’s latest housing report published on Wednesday, the portal said 64 percent of prospective homesellers plan to list their home by October. Older millennials are primed to lead the charge as they ditch starter homes for bigger abodes. Continue reading

‘Stock is not the company:’ Robert Reffkin on Compass 1 year after IPO

In a heartfelt letter posted on LinkedIn, Compass founder and CEO Robert Reffkin addressed his company’s stock market troubles and cast his vision for the future. Continue reading

Gender pay gap reduces housing choices for women by 18%: Zillow

The typical woman has an annual median income of $38,620 — roughly $15,000 less than the typical male. That income gap, Zillow said, reduces women’s housing choices by 18 percent. Continue reading

Keller Williams announces partnership to boost Keller Covered

Keller Covered is due for an upgrade, and Keller Williams has enlisted property and casualty insurance exchange bolt to help deliver it. The Austin-based franchisor will use bolt’s software as a service ( SaaS)-based exchange to expand distribution, pr… Continue reading