Real Estate News WATCH: How to break into the luxury marketTiffany McQuaid, president of McQuaid and Company Real Estate Services, and Jeannette Spinelli, CEO and founder of Spinelli Residential Group Keller Williams, offered advice for navigating the luxury market in a conversation at Inman Connect Las Vegas....Read MoreWATCH: Getting things done in one clickAt ICLV, executives from Reali, Redefy and Pre Open House talked about how they're leveraging technology to make the real estate process easier for consumers....Read MoreActor Rob Lowe slashes price of California mansion to $42.5MRob Lowe, the actor known for playing Sam Seaborn in the political drama "The West Wing," just slashed the price of his swanky California mansion....Read MoreThe Real Word: Zillow’s losing money, but not as much as beforeWatch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, Zillow lost $2,916 on every home it sold in Q2 on average. But this is a small price to pay for what it is gaining....Read MoreRedfin temporarily closes 4 offices after veiled threatAn ex-Redfin contractor allegedly made what the company called "concerning comments" last week, prompting the tech-focused Seattle brokerage to temporarily close four Bay Area offices. The brokerage is working with local law enforcement to determine if there's any real threat to Redfin employees....Read MoreMillennials, move aside: Generation Z is already buying homesAccording to a new TransUnion report, 14 million Generation Z consumers have some sort of credit balance in 2019, and the number of Gen Z consumers who took out a mortgage grew by 112 percent to 319,000 between 2018 and 2019. ...Read MoreHousing start data spells good news for recession fears: EconomistThe inversion of the yield curve — when long-term interest rates drop below short-term interest rates — this week was seen as a warning sign to many that another recession was looming. But Friday morning's housing start data means we shouldn't sound the alarms just yet, according to Odeta Kushi, the deputy chief economist at First American....Read MoreInman News quiz: Think you’re on top of the week’s biggest stories?The real estate industry threw some curveballs. Take Inman's news quiz to demonstrate how strong your talking points and cocktail banter are this week....Read MoreConsidering switching to a 100% brokerage? Think it throughIf seller commission expectations and a worsening “listing-inventory-to-agent-count” ratio have you thinking about moving to a 100-percent brokerage with the idea that change would lead to higher net income, here are some things that you ought to be considering. ...Read MoreHow to nurture ‘friends’ into lifetime clientsWith consumers fueled by digital information, social media has perfectly positioned us to create relationships — beyond just a name in your database. And savvy agents can do it at an extremely high level in a relatively short time using only the tools at their fingertips....Read More
