Real Estate News


Ask the HOA Expert: Conflicts Of Interest On The Board

Concerning the possible conflict of interest that develops with managers who are hired by HOA developers: In our HOA, the manager is the developer. We now have a number of construction related problems that the developer refuses to fix. The developer/manager attends all board meetings to audit board discussions of these issues. Isn't there a conflict of interest going on here?

Buyer's Remourse: The Legal Ties That Bind

The lawyer in me says that a contract is a legally binding document that must be upheld. The humanitarian in me suggests that, at the very least, you should try to get out of the contract, especially with the facts you have described.


NAR politics, Instant Offers and a noisy week in real estate

NAR’s midyear meetings took place in Washington, D.C., last week. I was just finishing up a recap when two other big stories dropped. Credit unions are buying brokerages and bundling services -- and that other story you may have heard about: Zillow isn't a broker but its toes are deeper in the transaction ...


CBO Greg Schwartz on Zillow Instant Offers: ‘We come in peace’

Some on social media are speculating that this product is anti-agent. That’s simply not true. Our bacon and eggs come from serving the industry: 70 percent of our revenue is from working with more than 80,000 agents, teams and brokers who advertise with Zillow Group ...


National Association of Realtors: Existing-home sales (and days on market) dropped in April

The March 2017 existing-home sales numbers from the National Association of Realtors (NAR) contained some hope that maybe (maybe!) inventory was about to normalize, with sales reaching their fastest seasonally adjusted annualized growth pace since February ...


Zestimate legal challenge seeks class-action status

A family of homebuilders is suing Zillow Group over the Zestimate. The suit, which is seeking class-action status, alleges that Zestimates are illegal appraisals and violate consumer protection laws ...


Zillow Prize will award $1M to the person or team who most improves Zestimate

In 2009, Netflix gave $1 million to BellKor's Pragmatic Chaos technology team for building a better movie rating prediction algorithm (to the tune of 10.06 percent) than the one Netflix had been using. It appears that 2017 is the year Zillow follows in the media platform's footsteps ...


Daily market update: May 24, 2017

Mortgage rates plus all the latest real estate market news ...


How to determine if your real estate market is in a housing bubble

It is important to understand what a housing bubble looks like to determine whether your real estate market is in one now. It’s equally important to know when your market has a high degree of safety so you can guide your clients to solid decisions that position them for more choices in the future ...


Quality over quantity: How to turn your network into a renewable resource

Imagine you're a brand-new real estate agent. You've passed your test, you've found your brokerage and you're ready to get down to the business of selling houses. Now answer this question: Should you spend the bulk of your time cultivating relationships with people already in your network, or should you try to cast as wide a net as possible by buying leads and referrals that don't come with a personal connection ...


‘How Is The Market?’ could be your best source during listing presentations

How Is The Market is a real estate listing trends and analysis tool for supporting pricing models developed by a top-producing broker at ...


6 tips for selling a home “as is”

Selling a home "as is" is all about eliminating surprise and setting and managing expectations upfront. ...