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Traditional brokerage or tech company: How is Compass being valued?

Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability.
Tags: Agent, Analysis, Brokerage, Data, Opinion, Technology, Compass, Mike Delprete, Re/max, Relogy, Zillow

3 essential social media platforms for newbie agents

When it comes to social media, it’s a bit of a jungle out there. To help new agents suss out what’s crucial, here are the top three platforms and some tips for how to make it all work with your marketing plan.
Tags: Facebook, Technology, Instagram, Opinion, Marketing, Radio, Agent, B2b, Nextdoor, Select, Back To Basics, Andrew Helling lays off Arizona sales team, consolidates in California

The team in Scottsdale had been working on's lead generation and marketing products, which are geared toward real estate agents. Now, all those sales efforts at will be consolidated into an office in Westlake Village, California, about 37 miles northwest of downtown Los Angeles.
Tags: Technology, California, Los Angeles, Leads, Radio, Arizona, Agent, Robert Thomson, News Corp, Lead Generation, Industry News, Scottsdale, Westlake Village, Brokerage, Select, News Brief

ERA Real Estate partners with HomeAdvisor for concierge services

HomeAdvisor provides access to a range of painting, landscaping and home repair professionals.
Tags: Technology, Lifestyle, Radio, Agent, Homeadvisor, News Brief, ERA Real Estate, Simon Chen

Why the only constant in real estate is change

Everyone is experimenting with new models, ideas and concepts as the needs and expectations of millennials change in a world upended by digital technologies, home automation and artificial intelligence.
Tags: Lyft, Uber, Technology, Opinion, Radio, Millennials, Agent, Smart Home, Rentals, Lemonade, Brokerage, Select, Buyer Broker Commission Rule, Lisa Boswell, Real Estate Disruption

Illinois Realtors get new safety tool to screen potential clients

The Mainstreet Organization of Realtors (MORe) is making background check website and mobile app available as a benefit to all 17,000 of its members
Tags: Technology, Radio, Agent, Brokerage, Showings, Illinois Realtors, MLS & Associations, Forewarn, Real Estate Agent Safety, Real Estate Danger, Mainstreet Organization of Realtors MORe

Digital home designer Higharc raises $4.7M in seed round

Flush with funding, Higharc's new software was developed to ease the pain and cost of custom home building.
Tags: Technology, Listings, Radio, Architecture, Venture Capital, Agent, Home Design, News Brief, 3d Design, Custom Homes, 3D home building, Digital Home Design, Higharc

Digital home designer Higharc raises $4.7M seed round

Flush with funding, Higharc's new software was developed to ease the pain and cost of custom home building.
Tags: Technology, Listings, Radio, Architecture, Venture Capital, Agent, Home Design, News Brief, 3d Design, Custom Homes, 3D home building, Digital Home Design, Higharc

Opendoor sued for trademark infringement over its mortgage brokerage

Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with the United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in Austin and has 315 employees, according to its website. 
Tags: Texas, Technology, Austin, Radio, Agent, Mortgage, Industry News, United States District Court, Select, News Brief, Opendoor, Open Mortgage, Opendoor Mortgage

How did a man’s genitals make a surprise cameo in a condo listing?

A condo in Washington, D.C. stands out from the other listings — if you look close enough, you can spot an apron featuring a giant penis.
Tags: Technology, Washington, Lifestyle, Radio, Agent, News Brief, BrightMLS, Dan Silverman

New CRM? Copper gets down to brass tacks for teams and agents

Formerly known as ProsperWorks, the software's latest iteration known as Copper not only represents a savvy business turn, but also an effective commitment to improving the CRM experience.
Tags: Mobile, Technology, Gmail, Radio, Agent, CRM, Copper, Select, Prosperworks, G Suite, Office365, Tech Reviews, Real Estate Software, Technology Reviews, Real Estate Crms

Homesnap Pro hits 5 years and 1 million agents

This May marks a special time for Homesnap Pro: the agent-only mobile productivity app turns five years old, and Homesnap’s agent footprint has crossed the million agent mark. That means that over a million agents across the country have access to Homesnap Pro as a core member benefit through their MLSs.
Tags: Sponsored, Technology, Social Media Marketing, Radio, Agent, CRM, Social Media Advertising, CoreLogic, Black Knight, Homesnap Pro, Homesnap, Broker Public Portal, Showingtime, Agent Apps, Gayle Weiswasser, Dynaconnections

Why you should generate your own leads

Lead generation is the lifeblood of your real estate business. Yes, your sphere of influence should be a reliable source of business. Referral and repeat clients are the results of being a trusted advisor in your community.
Tags: Sponsored, Technology, Radio, Agent, Lead Generation, Lead Management, Brokerage, Brokers, Agent Recruiting, Your Way Home, Yourwayhome, Brokerage Recruiting, Lead Followup, Why you should generate your own leads

Why indie brokers should take back the search

Until recently, regular Inman contributor and indie broker Troy Palmquist thought using a branded app was a luxury. But after a conversation and some research, he’s opened his eyes to the possibility of white-labeled tech and the benefits that far outweigh the costs. Here’s why this is a reasonable option for indies competing with big-box brokerages and behemoth portals.
Tags: Technology, Opinion, Marketing, Radio, Agent, B2b, Inman, Snapp, Brokerage, Select, Back To Basics, Homestack, Appypie, Troy Palmquist, White Label Apps, Indie Brokerage

5 apps to level up your social media storytelling mojo

These five apps will help you to manage and schedule your visual presence on Instagram and Facebook.
Tags: Mobile, Technology, Marketing, Radio, Agent, B2b, Adobe Lightroom, Select, Back To Basics, Planoly, Ryan Rodenbeck, Cut Story, Pic Post Play, Unfold

Florida indie brokerage unveils agent tech platform, plans expansion

Automated Back End provides agents with automation and collaboration tools, e-signing software and one-click marketing. It is designed to work on all of an agent's electronic devices.
Tags: Florida, Technology, Marketing, Software, Platform, Radio, Mls, Agent, Compass, CRM, Industry News, Keller Williams, Realogy, Brokerage, Select, News Brief

A real estate developer invites a homeless couple to live in his $4M mansion. Neighbors aren’t happy

Greg Dunston and Marie Mckinzie lived on Oakland streets for 10 years before a real estate developer offered to help.
Tags: Technology, Lifestyle, San Francisco, Radio, Agent, Oakland, News Brief, Chris Monahan, Greg Dunston, Marie Mckinzie, McGrath Properties, Otis R. Taylor Jr, Terrence McGrath

Bank Shot now white labels its proven digital check-deposit app

The 5-year-old financial app continues its growth with a new white label version for real estate brokerages and title companies.
Tags: Mobile, Apps, Technology, Iphone Apps, Radio, Android Apps, Agent, Wire Fraud, Select, Banking & Lending, Bank Shot, Digital Commissions, Earnest Money Deposits, Electronic Checks

Broker accused of bribery scheme involving sex worker

A lawsuit filed against a broker from Winick Realty Group claims he deceived a sex worker by offering to prevent her eviction in exchange for her services.
Tags: Technology, Lifestyle, Radio, Agent, News Brief, Ross Burack, Winick Realty, Winick Realty Group

Real estate executive pleads guilty to home-flipping fraud, faces 200 years in prison

The owner of a Los Angeles real estate firm pleaded guilty to running a home-flipping scheme that scammed 25 victims out of $2 million.
Tags: Technology, Lifestyle, Los Angeles, Radio, Agent, News Brief, Daniel Vazquez, Greg Staples

How has Compass grown so fast? A look at the numbers

What’s the secret to its meteoric rise, and what is it that investors see that justifies its massive valuation? This deep dive into Compass looks to provide evidence-based answers to those questions — and more.
Tags: Technology, Data, Analysis, Radio, Agent, Compass, Brokerage, Mike Delprete set to debut ‘Essential First-Time Home Buyer’s Book’ is set to debut its first hard-cover book aimed specifically at the first-time homebuyer, according to an announcement Wednesday.
Tags: Technology, Lifestyle, Radio, Agent, News Brief,, Judy Dutton

Social media made simple: How to source, share and schedule

The best way to avoid being overwhelmed, wasting time and getting sucked into the addictive nature of social media is to have a plan, similar to an editorial calendar. Here are five tips for sourcing real estate content as well as how and when to schedule social media posts to become the local expert in your area.
Tags: Technology, Marketing, Social Media, Radio, Agent, B2b, Lead Generation, Select, Editorial Calendar, Real Estate Blogging, Back To Basics, Real Estate Content, Matt Kaestner, Social Media Calendar

Man gets 38-year sentence for robbing, abducting agent

James Anthony Weil Jr., 47, pleaded guilty in January of this year to robbing a real estate agent who was showing him a home in 2016. As first reported by local press, Circuit Court Judge Steven C. Frucci sentenced Weil to 38 years in prison for robbery, abduction, and two counts of use of a firearm on Monday.
Tags: Technology, Lifestyle, Radio, Agent, Circuit Court, Weil, News Brief, Beverly Carter Foundation, James Anthony Weil Jr, Philip Faranda, Steven C Frucci, WKTR

Buy a luxury condo, get free avocado toast for a year

In the latest ploy to woo millennial homebuyers, The Kira, a luxury condo building, is offering the trendy treat to those who buy in early May.
Tags: Technology, Lifestyle, Radio, Agent, News Brief, Kayleigh Johnson, Woodbridge Homes

How to scale without sacrificing client experience

What does it take to create an in-depth system for training new hires to handle transactions exactly the way you would? With his agents averaging 39 annual deals, the systems set in place by Terrence Murphy are obviously working. Find out how to protect your brand, boost agent productivity and train your team during periods of growth here.
Tags: Technology, Radio, Systems, Google Docs, Agent, Team, B2b, Scaling, Brokerage, Select, Terrence Murphy, Back To Basics, LOOM, Trainual, Team training, Pat Hiban

Google is about to revolutionize the way consumers find real estate agents

Clear your cookies. Delete your browsing history. Switch to Incognito. Google is poised to bring the power of aggregation to real estate. First, a little history.
Tags: Google, Sponsored, Radio, Agent, Homesnap Pro, Homesnap, Agent Search, Find A Real Estate Agent, Google Agent Search, Incognito Google

A real estate developer and an FBI agent charged with bribing city employee

A Maryland real estate agent and developer and a South Carolina FBI agent are accused of coming together to bribe a city housing employee.
Tags: Technology, Maryland, Lifestyle, Fbi, Radio, Agent, Brian Bailey, News Brief, South Carolina FBI

Housing discrimination by zodiac sign?

While most discrimination laws apply only to landlords and brokers rather than people seeking roommates for themselves, any tenant would have a difficult time making a discrimination case due to their astrological sign, said Dr. David Wachsmuth, a McGill University urban planning professor and Canadian housing law expert.
Tags: Facebook, Technology, Lifestyle, Radio, Agent, McGill University, News Brief, David Wachsmuth

HomeSmart’s new website serves up listings from wherever you go is a desktop and mobile site developed in-house that serves up multiple listing service listings from 96 markets nationwide. Users see listings based on proximity, so they can see the properties closest to them without having to search or know addresses.
Tags: Mobile, Technology, Listings, Marketing, Radio, Agent, Select, News Brief, HomeSmart, Matt Widdows, Wendy Forsythe, Home Search,, Listing Search, Realsmartagent

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