Setpoint lands $31B in Series B funding led by 645 Ventures

Since launching in 2021 as the “Stripe of real estate” providing technology and funding to proptechs, Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business. Continue reading

Mortgage rates trending down as Fed rate cuts seen as certain

Investors see a September rate cut as a certainty, but the latest inflation data suggests recession fears are overblown and the Fed will start out with a modest, 25-basis point reduction. Continue reading

NYC broker Lisa Simonsen leaves Elliman for Brown Harris Stevens

The “Kendra Sells Hollywood” star is ranked among the top 75 individual brokers in New York City and the top 0.5 percent of brokers in the U.S. Continue reading

‘Be a strategist, not a salesperson’ to win with today’s homesellers

Four leading Keller Williams owners share the key to creating a lead generation strategy that yields offers that homesellers can’t resist. Continue reading

Teacher rental affordability remains below pre-pandemic levels

Teachers can now afford 47.9 percent of rental apartments within commuting distance of their schools, an increase from 40.7 percent the previous year, Redfin reported on Wednesday. Continue reading

CRMLS warns of ‘serious fines’ as it rolls out commission changes early

The nation’s largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR’s proposed settlement. Continue reading

Elliman shareholder’s demands gain traction from advisory firms

Two weeks after Brad Tirpak sent a shareholders’ letter seeking votes against chairman Howard Lorber, advisory firms Glass Lewis and ISS are echoing the vocal investor’s recommendations. Continue reading

Real unveils resources to train agents on settlement changes

Materials include a guidebook on the post-settlement landscape, publicly available training sessions and more ahead of Aug. 17 deadline. Continue reading

KW’s Jason Abrams talks being ‘antifragile’ in the face of change

On the first day of Keller Williams’ annual Mega Agent Camp in Austin, franchise Head of Industry and Learning Jason Abrams talks commissions and how leaders must help agents thrive — and not just survive — through upcoming changes. Continue reading

Lesson Learned: Get rock solid on your pricing strategy

Learn how NYC agent Maggie Kent leverages her sense of professionalism to develop a higher level of client trust and how she has developed resilience to navigate the ever-changing world of real estate. Continue reading