Agents and loan officers need to end the animosity, panel says

“There needs to be a little more respect” between real estate agents and loan officers, panelists Padi Goodspeed, Kathy Helbig-Strick and Katie Sweeney discussed at Inman Connect Las Vegas. Continue reading

‘Run for the fire’ Liz Gehringer shares advice for a downturn

“This is not a time to stabilize. If you stabilize in a market like now you’re going to fall behind. You have to grow,” Redfin’s Jason Aleem said at Inman Connect Las Vegas Wednesday. Continue reading

Proptech spending expected to resume this year, investor says

“We remain bullish about an increase in activity over the back half” of 2023, Houlihan Lokey Managing Director Chris Hough said during a presentation Tuesday at Inman Connect Las Vegas. Continue reading

Thad Wong plans to grab more market share during downturn

“The part that I can’t control is the market, but I can control my market share,” @properties CEO Thad Wong said at Inman Connect Las Vegas on Tuesday. Continue reading

3 luxury agents share their climbs into higher price points

“Belong to the private clubs, golf at the best golf clubs,” Jean Merkelbach, of Engel & Völkers said at Inman Luxury Connect. “Be where they are so they recognize you.” Continue reading

How luxury agents earn long-term business? By shooting straight

In a down market, clients might not like what agents have to say. But they need to hear it anyway, Frances Katzen of Douglas Elliman and Rachel King of SERHANT. agreed at Inman Luxury Connect. Continue reading

Did the US dodge a recession? As outlook softens, analysts reassess

A rising tide of economists are backing away from early forecasts that the U.S. is very likely to enter a recession later this year or by the first quarter of 2024. But some still see dark clouds ahead. Continue reading

Airbnb profit jumps 72% as more homes are rented out short term

Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday. Continue reading

Foreign buyers target high-end homes as transactions fall 14%

The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs. Continue reading