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Smart access startup Latch raises $70M

Smart access startup Latch raised $70 million in a Series B round of funding, the company announced Wednesday. Led by Brookfield Ventures, the funding arrives alongside a deal to install Latch locks at real estate operating company Brookfield Properties’ new multi-family developments. Brookfield Ventures is the tech investing arm of Brookfield Asset Management. “It allows […]

Pacific Union’s acquisition announcement met with shock, tears and a cocktail party

Even as cocktails were being poured, a source claimed there were tears in the Paragon Real Estate Group office from agents who felt blindsided by the news. Source: click here

Omarosa’s husband sued by neighbors over moldy roof

The husband of ousted Trump aide Omarosa Manigault Newman has been slapped with a $15,000 lawsuit over a property the couple shares, according to a new report. According to papers obtained by the Daily Mail, the Jacksonville Golf & Country Club Property Owners Association in Florida filed a suit claiming John Allen Newman had neglected […]

Prospecting FSBOs? Don’t do these 4 things

For-sale-by-owners can be a lucrative pillar of lead generation, but they can also be a tightrope walk between gaining a listing and angering a homeseller. Source: click here

Agent/broker perspective: How to keep your commission in tact

Agents and brokers can hold firm on commission by fully educating buyers and sellers about the depth and complexity of their jobs and making this education a regular part of their process. Source: click here

Nationwide foreclosure starts rise for first time in 3 years

Nationwide foreclosure starts increased by less than 1 percent year-over-year in July after 36-consecutive months of decreases, according to Attom Data Solutions’ latest foreclosure market report, released on Tuesday. Although the nationwide spike in foreclosure starts is minuscule, 96 of the 219 metropolitan statistical areas (MSAs) Attom tracks experienced year-over-year foreclosure increases, which in some […]

Husband-and-wife real estate duo accused of mail and wire fraud in Minnesota

The U.S. Department of Justice has indicted Minneapolis-based real estate duo Jeffery and Lori Detloff for wire and mail fraud scheme targeted at companies and financial institutions that owned or had an interest in foreclosed properties, according to a press release on Monday. Source: click here

Rapper R. Kelly caused over $200,000 in damages to rental properties: Lawsuit

Rapper R. Kelly is no stranger to problems with the law. And he is now being accused by an Atlanta property management company of causing more than $200,000 in damages to two rental houses. Over the last three years, Kelly rented two homes in Georgia, a 23-room mansion in Johns Creek and a three-bedroom house in […]

An unidentified person is shooting at exclusive Manhattan rental building

A gunman has been shooting bullets into the prestigious One East River Place apartment building in New York City, leaving many of its residents fearful for their lives. A similar type of gun was reportedly used by the shooter | Photo credit: Wikimedia Commons Early on Friday, a 14th-floor resident of the building owned by […]

Agent/broker perspective: How to keep your commission intact

Agents and brokers can hold firm on commission by fully educating buyers and sellers about the depth and complexity of their jobs and making this education a regular part of their process. Source: click here

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