‘Success fees’ are coming to portals. Are you ready?

Real estate portals around the world are making huge bets on next-generation lead generation tools that target buyers and sellers and include lead qualification standards and commission sharing, otherwise known as success fees. Continue reading

Relocation tech startup Updater eyes big 2022 with $60M round

The funding will be dedicated to sustaining Updater’s current growth trend, which has seen the company climb to approximately 250 employees over the past 12 months. Continue reading

2022 referral network drying up? Look to Courted: Tech Review

Courted is a software that lets agents find other agents for multiple reasons, whether to refer work, recruit team members or even seek advice or mentorship. It’s an ideal tool for higher-producing agents wanting to broadcast their expertise and empowe… Continue reading

Offerpad CEO: Zillow’s folly was in ‘chase’ to be the ‘fastest’

In a new interview on Thursday, Offerpad CEO Brian Bair explained where Zillow went wrong and his enduring faith in the iBuying business model. Continue reading

Interactive Virtual Tours’ floor plan product faces a tough field of competitors: Tech Review

To fully leverage Interactive Virtual Tours floor plan tool, the user needs two additional vendors: one to produce a floor plan and one to produce the photos. Given what’s out there today, this seems more than mildly inconvenient. Continue reading

Pacaso, Avenue 8 discuss how luxury brokerages are changing

At Inman Luxury Connect in Las Vegas, executives from Pacaso and Avenue 8 discussed the changing models in luxury real estate sales, agreeing that customer experience remains key — despite buyers’ changing goals. Continue reading

Full-frontal agent ‘stripped’ of job after baring all in listing photos

In addition to Instagram, nude-but-blurred photos of David Ferrugio initially appeared on TheMLS.com before being yanked off the website by administrators. Continue reading

Abortion policies are a dealbreaker for 27% of movers: Redfin

A new Redfin study revealed Americans are taking a second look at state laws when choosing where to relocate. Continue reading

Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears

The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks. Continue reading

Virginia set to mourn agent killed over sight-unseen home purchase

Long & Foster agent Soren Arn-Oelschlegel posted a final Facebook message congratulating the out-of-town client for whom he’d helped purchase a quaint home just days before his grisly murder. Continue reading