Compass acquisition offers a glimpse into @properties’ finances

Following its acquisition of Chicago’s largest brokerage in January, Compass on Friday pulled back the curtain on @properties’ financial health over 12 months prior to the headline-grabbing merger. Continue reading

Grant program incentivizes teardowns of old mobile homes

FHLB Cincinnati’s Hundred Homes Initiative’s $50,000 grants can be used for a down payment or closing costs on a newer home in Ohio, Kentucky or Tennessee, and pay for the disposal of vacated mobile homes Continue reading

Agents can help sellers unlock value with renovation ROI: Revive

Revive has used its findings in the presale renovation space to produce an extensive white paper that dedicates its pages to proving the value of updating a home before selling it. Continue reading

Rocket’s appetite for growth could ding corporate debt rating

Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4 billion. Continue reading

Agents feel joy, rage, confusion over Clear Cooperation ruling

Some respondents to Inman’s Pulse survey seemed furious about the determination, while others were pleased, especially at the fact that CCP had been preserved. Still, multiple respondents simply expressed confusion over the new policy. Continue reading

How and when to say ‘no’ as a new real estate agent

Coach Verl Workman writes that setting healthy boundaries, including saying “no” when needed, provides a more balanced life and fulfilling career in real estate. Continue reading

Motto Mortgage CEO announces upcoming retirement

Ward Morrison will step down in June but serve as a consultant until the end of the year. He has helmed Motto Mortgage since 2016. Continue reading

Judge rebuffs bid to transfer case over alleged eXp ‘sweetheart deal’

A federal judge in Georgia has rejected a bid to transfer a case against eXp Realty and Weichert to a federal court in Missouri over allegations the companies negotiated a “sweetheart deal” to resolve commission-related antitrust claims against them na… Continue reading

Lodgerin software release addresses mid-term rental niche

The niche Lodgerin addresses is businesses and universities — its primary markets — being faced with finding suitable, affordable and safe occupancy solutions for employees and constituents when working or serving in locations abroad. Continue reading

NYC’s tax revenue soars, while job market faces its own challenges

Real estate-related taxes soared to an all-time high of $37 billion last year. That figure is expected to climb even higher to $40 billion in 2025, according to a REBNY report. Continue reading