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New-home sales soar in September — but analysts see sales slowdown

Oct 25, 2023

New-home sales skyrocketed in September, soaring to a 20-month high, according to data issued Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development.

Andy Florance: Zillow isn’t ready for post-commission portal revolution

Oct 25, 2023

In the opening remarks of CoStar Group's Q3 earnings call Tuesday, CEO Andy Florance revealed to investment analysts the company's grand plan to make Homes.com the portal of the future.

Want to recruit top talent? Master the art of virtual interviewing

Oct 25, 2023

According to brokerage growth expert Jim Turner, improving your virtual interview skills and setup increases your reach and your ability to connect with the best (and busiest) agents in your market.

Altman Brothers expand to Arizona with Grigg’s Group partnership

Oct 25, 2023

A new boutique luxury brokerage called Grigg's Group Powered by The Altman Brothers builds on a decade-long relationship the team formed with Paradise Valley-based team leader Scott Grigg, Inman has learned. The firm will serve Paradise Valley, Scottsdale, Arcadia, Biltmore and surrounding areas.

Redfin eliminates salaries, pivots to commission model in LA and SF

Oct 25, 2023

Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program.

Real caps its RISE event by announcing more agent benefits

Oct 25, 2023

At Real Brokerage's 2023 RISE event in San Diego, the fast-growing brokerage announced a number of financial benefits for agents.

Tom Ferry podcast video delivers fresh drama at Sitzer | Burnett trial

Oct 25, 2023

On Tuesday, plaintiffs’ attorney Michael Ketchmark played a video of a Tom Ferry interview with Allan Dalton of Berkshire Hathaway HomeServices that drew objections and threatened to derail proceedings.

The activity with best ROI? It’s old-school networking, Intel poll shows

Oct 25, 2023

Agents are doubling down on networking to drive business in tough times, according to results from the Inman Intel Index, excerpts of which are available to Select subscribers for the first time.

First Team sheds Christie’s affiliation, names new CEO

Oct 25, 2023

The largest privately held brokerage in the state of California has decided to separate from Christie's International Real Estate, launch a rebrand and promote former COO Michele Harrington to CEO, Inman has learned exclusively.

What old-school advice seems particularly outdated now? Pulse

Oct 25, 2023

What early scripts, objection handlers or other advice from mentors, coaches and brokers have you outgrown over the years?

Buffett, Munger foresee ‘hollowed out’ downtowns as offices empty

Oct 24, 2023

Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. "The buildings don’t go away," Buffett said.

CoStar posts 50th-straight quarter of revenue growth in Q3 earnings

Oct 24, 2023

CoStar Group earned $625 million in Q3, clinching its 50th consecutive quarter of revenue gains. The company also highlighted a 1,290 percent annual growth in Homes.com traffic.