Author Archives: Patrick Kearns

Miami agent avoids prison for extortion of high-profile rivals, ‘The Jills’

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South Beach Realtor Kevin Tomlinson avoided jail time after being found guilty on extortion charges in June for allegedly demanding $800,000 from rivals Jill Hertzberg and Jill Eber, a high-profile luxury real estate duo known as “The Jills.” Continue reading →

HEAR IT: Reali releases threatening call from Compass agent

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Compass confirmed the call did come from one of its agents but declined to provide the agent’s name. The company said it was spurred by an incident were a Reali employee set up a sign advertising its flat-fee services outside a Compass open house Continue reading →

Super Bowl champ Mychal Kendricks charged with insider trading over Move acquisition tip

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An NFL linebacker allegedly made $279,000 off of News Corp’s acquisition of Move Inc., the company that operates realtor.com for the National Association of Realtors. Continue reading →

Why we spend an astronomical $125,000 on lead gen a month

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Kendrick Realty spends $125,000 a month on lead generation for its 40 agents. That’s more than $3,000 a month, per agent. It’s an astounding number for members of the real estate community, but if you ask Luke Monroe, founder and chief executive office… Continue reading →

Everything a first-time homebuyer needs to know to seal the deal

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Affordability is at an all-time low for starter homes, making things tough for prospective first time home buyers to cross over from renting to owning. Continue reading →

NAR subsidiary RPR cuts staff by 10% to meet budget goals

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Realtors Property Resource (RPR), a subsidiary of the National Association of Realtors (NAR) has slashed 10 percent of its staff as part of a restructuring to help meet 2019 budget directives, RPR confirmed Tuesday in a news release. Continue reading →

No shock: home prices up yet again in latest Case-Shiller Index

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Home prices are up for the 74th-consecutive month, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index, released Tuesday. Continue reading →