Weekly Real Estate News Quiz: Think You're Up On The Biggest Headlines?
Owners.com, a former for-sale-by-owner search site turned tech-focused brokerage, is shutting down, parent company Altisource confirmed Tuesday.
A pair of high-profile real estate executives got into a physical fight last week at a restaurant in the Hamptons.
The altercation happened Thursday night at the East Hampton Grill in East Hampton, New York, when Jeffrey Collé clashed with Andrew Saunders. Collé is a luxury real estate developer whose website describes him as the “preeminent design builder and innovator in the Hamptons for over 40 years.”
Saunders is the founder and CEO of Saunders & Associates, which describes itself as the “most effective” brokerage in the Hamptons.
Agents using Cloud CMA, a comparative market analysis tool for listing presentations from W+R Studios, can now present listing clients with an all-cash offer from iBuying giant Opendoor alongside the traditional listing information.
The new integration, which is now live in Phoenix and Atlanta with other markets to follow, is aimed at empowering agents to give homesellers more transparency into the options they have when selling their home. It could also help lift the iBuyer into the mainstream over time.
Tom Brady and Gisele Bündchen are itching to unload their Boston-area mansion, slashing the price of their 5-acre home by more than $5 million.
The Brookline, Massachusetts home, which the football star and supermodel listed for just under $40 million in August, is now up for grabs for $33.9 million, Mansion Global reports. The house, which sits at 9,716 feet and was built in 2013, has been the couple’s home throughout Brady’s career for the New England Patriots.
Brady and Bündchen, who are raising their two kids as well as Brady’s son from a previous relationship, first listed the house after the football player signed a contract to stay with the New England Patriots until 2021. Because Brady is 42 years old, rumors have swirled that the star player is considering retirement. He and Bündchen were even spotted home-shopping in Greenwich, Connecticut, this summer.
Realogy is revamping its year-old iBuyer platform to give sellers more security as they go to market, and give agents an offer benchmark to beat for their clients.
The new platform, renamed RealSure, builds off the company’s existing partnership with HomePartners of America to give sellers a cash offer on their home that’s good for 45 days. The seller can accept the offer after a 30-day waiting period – that Realogy calls a “peace of mind” period – giving them the security of knowing just how much they could get for their home.
RealSure is currently available in Dallas and Denver for sellers looking to work with a real estate agent affiliated with Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, ERA or Sotheby’s International Realty. In the next month, the platform will roll out to brokerages affiliated with these brands in a number of U.S. markets, including Chicago, Illinois; Houston and Austin, Texas; Tampa, Orlando, Sarasota and Fort Myers, Florida; and Sacramento, California.
A group of Nashville brokerages are partnering to launch their own Buyer Graph, a tech-powered tool that allows brokerages to share anonymized buyer data and habits. The tool, powered by RealScout, gives brokerages insights into buyers looking for homes and what they’re looking for in the market.
In Nashville, the founding brokerages are Benchmark Realty, Parks Realty, Pilkerton Realtors, Fridrich & Clark Realty, Realty ONE Group, RE/MAX Choice Properties, Worth Properties, and Vylla Home.
Imagine walking into a luxury listing — the glimmer of exquisite chandeliers, the smell of freshly-cut flowers and hand-crafted candles, a picture-perfect view of a private beach or bay, and a dinosaur?
According to recent reports in the Wall Street Journal and National Geographic, luxury homeowners and buyers are showing interest in dinosaur fossils as one-of-a-kind fixtures sure to spark interest and envy, or as part of their mission to establish private museums.
California has enacted sweeping rent control, but the California Association of Realtors and landlords are divided on the favorability of the law.
California Gov. Gavin Newsom signed legislation Tuesday that will limit annual rent increases to 5 percent, plus inflation, while requiring landlords to cite “just cause” when evicting tenants.
The law exempts most apartments built within the past 15 years. And thanks to lobbying by CAR it also does not apply to most single-family rental homes. However, those exemptions do not apply to units owned by large investors — corporations and real estate investment trusts.
All that glitters isn’t gold, and according to the Federal Trade Commission and the Utah Division of Consumer Protection, that saying holds for what the FTC describes as “bogus” real estate-flipping seminars hosted by Salt Lake City-based Zurixx.
In a complaint filed on Sept. 30, the FTC and the Utah Division of Consumer Protection allege Zurixx made unsubstantiated marketing claims about their home flipping seminars featuring HGTV stars Tarek El Moussa and Christina Anstead from “Flip or Flop,” Hilary Farr from “Love It or List It,” and Peter Souhleris and Dave Seymour from “Flipping Boston.”
A real estate agent seen putting mothballs into an owl burrow on camera has been fired by his brokerage.
Filmed by a neighbor, the video footage shows the real estate agent stuffing mothballs into an owl burrow at 1430 Wayne Ave on southwestern Florida’s Marco Island.
As first reported by the Naples Daily News, the neighbor saw the man in the footage and reported it to local wildlife preservation authorities. The Florida burrowing owl is on a list of the state’s threatened and endangered species and killing or harassing them comes with the risk of fines and prosecution.