Zillow Mortgage is Grabbing Market Share from Brokers
Zillow is on the move with impressive growth and they are taking business from established lenders.
Zillow is on the move with impressive growth and they are taking business from established lenders.
This is where you will be informed about system updates, rule changes, new features, new products offered though the MLS, and hopefully find invites to events that allow you to network in your real estate community with gatherings.
In a world where digital presence is as crucial as physical location, the real estate industry finds itself navigating a turbulent sea of change. The recent antitrust ruling against Google has sent ripples through the digital landscape.
The options before the committee are clear: leave it alone, consider modifications, or repeal the policy until the industry and the DOJ can find a middle ground.
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 35 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Testing Meta AI Ray-Bans at the iOi Summit One of my favorite two-day annual real estate tech events is the NAR iOi Summit. I've been to every one, and this year, it was in my hometown, Chicago. Artificial intelligence had top billing throughout the conference, [...]
Real estate brokers, agents, and technology companies have been sucked dry by the reduction in units. The only glimmer of light is the rapid raise of home values.
From the very beginning of consumer access to home value estimates, WAV Group has echoed concerns about the damage of such a complex and unregulated data point being shared with homeowners. In the housing finance industry, home value estimates are called Automated Valuation Models or AVMs. The models are more of an art than a science - whereby economists handpick a series of data points that get mashed up into an algorithm. Below is a snapshot of my Homebot valuation, which prompted me to look at other AVMs to compare and contrast the results. The highest valuation was the Zillow [...]
What we really see here in the case of RealPage and the MLS is related to many factors that precipitate the trends in the marketplace.
I just had a very interesting conversation with some well-heeled luxury brokers from Los Angeles. They told me that since the new requirement to sign a 14-page State-sponsored Buyers Agency Agreement before showing a property has gone into effect, they have seen a dramatic rise in dual agency deals.
Although brokers may not be seeing the recruiting performance they want, it does not mean that they should not be out there hunting for great agents.
After receiving about my 15th call is as many weeks from a distraught Association Executive telling me they just been fired, mostly for irrational and indefensible reasons, I just had to get my thoughts down to see what we can do to fix this systemic problem. I wrote an article entitled Why are so many of our strongest Association Executives getting fired?, about the ill-fated careers of many amazing Association staff leaders.
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 34 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Top AI tools for real estate agents I just got back from speaking at the Florida Realtor Convention in Orlando. The topic was “Top AI Tools for Realtors," and I attempted to pack a plethora of tips into a one-hour session while allowing time for [...]