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Realtor.com lays off Arizona sales team, consolidates in California

The team in Scottsdale had been working on realtor.com's lead generation and marketing products, which are geared toward real estate agents. Now, all those sales efforts at realtor.com will be consolidated into an office in Westlake Village, California, about 37 miles northwest of downtown Los Angeles.
Original author: Jim Dalrymple II
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Redfin’s new agent-free service hits regulatory snag

Redfin Direct, a pilot program that allows consumers to make direct offers on homes listed by real estate brokerage Redfin online without being represented by a buyer's agent, is violating a regulation regarding agency disclosure, according to a Massachusetts state agency that oversees real estate licensees.
Original author: Andrea V. Brambila
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Same-sex couples face discriminatory lending practices: Study

Same-sex couples were 73 percent more likely to be rejected for mortgages than heterosexual couples, according to an Iowa State University Ivy College of Business analysis. The study looked at home loans granted over a quarter of a century between 1990 and 2015.
Original author: Lew Sichelman
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Company that eliminates security deposits ‘locks’ in new partner

LeaseLock replaces security deposits with monthly fees and believes its new insurance partnership shows that the industry is embracing its business model.
Original author: Jim Dalrymple II
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Vacasa’s new board member hints at IPO future

Matt Roberts, the former CEO of OpenTable is joining the board of directors for vacation rental management startup Vacasa.
Original author: Patrick Kearns
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What is company culture? An indie broker-owner gives his 2 cents

Regardless of what type of brokerage you belong to, culture makes a big difference in how a business operates. In fact, a company’s culture can make or break its success. How do you find a culture that's right for you? Regular Inman contributor and indie broker Troy Palmquist shares his thoughts on company culture.
Original author: Troy Palmquist
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READ: Justice Department’s letter to CoreLogic demanding MLS info

Inman has obtained a letter from the Department of Justice requesting information on multiple listing service data from CoreLogic, a California-based financial services and analytics firm.
Original author: Patrick Kearns
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ERA Real Estate partners with HomeAdvisor for concierge services

HomeAdvisor provides access to a range of painting, landscaping and home repair professionals.
Original author: Veronika Bondarenko
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Moving to a new market? Here’s how to start on the right foot

To offer your clients the most valuable service, you have to learn everything your prospects might want to know about your new market. If you find yourself starting over, here are some tips to make it a little bit easier.
Original author: Jackson Cooper
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Why don’t we think about clients’ specific needs?

Other than that narrow exception that agents make for first-time homebuyers, agents don’t think of clients as having specialized needs that require customized solutions. Instead, agents provide a cookie-cutter approach to standardized service with the same scripts, the same materials, the same programs. That needs to change. Here's how.
Original author: Joseph Rand
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We’re better than this: Stop trolling other Realtors

In case you missed it, when the National Association of Realtors announced that President Donald Trump would speak at NAR Midyear, trolling from both sides of the aisle ensued. Here’s why it’s not only unprofessional, but also against the Code of Ethics.
Original author: Jay Thompson
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HUD Secretary slammed for confusing REO with Oreo cookies

Despite the controversy that has swirled around his tenure, following the Oreo incident, Ben Carson attempted to downplay his apparent confusion.
Original author: Jim Dalrymple II
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Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself.
Original author: Jim Dalrymple II
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Trulia founder Pete Flint’s venture firm NFX raises $275M

NFX splits its investments equally between business-to-business companies and business-to-consumer companies, but said that out of 3,000 firms seeking money this year it will ultimately only fund 0.5 percent.
Original author: Jim Dalrymple II
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Missing girl found safe after Ring camera captures kidnapping

A missing girl in Texas whose kidnapping was been captured on a Ring camera has been found safe and returned to her parents.
Original author: Veronika Bondarenko
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Airbnb launches partnership with DNA testing company 23andMe

The partnership comes amid what Airbnb says is a rise in "heritage travel," or trips people take to connect with their ancestors' homelands.
Original author: Jim Dalrymple II
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Is US government investigating MLSs and vendors for antitrust?

The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions.
Original author: Patrick Kearns
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Inside the mass exodus at Purplebricks US

The U.K.-based discount brokerage launched in the U.S. in 2017 and has had a massive turnover in leadership roles in recent months.
Original author: Patrick Kearns
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Meet the man behind the viral Amazon tiny home

The DIY homes have been reimagined as art galleries, chapels and Airbnb rentals since going viral last week. No one is more surprised than Allwood Outlet CEO Tapani Pekkala.
Original author: Veronika Bondarenko
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Best friends 4ever? Redfin strikes deal with Zillow to list in 4 cities

Long-time rivals Zillow and Redfin have finally made peace — over one issue at least — and struck a deal that allows the former to directly host the latter's listings in four U.S. cities.
Original author: Jim Dalrymple II
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