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Former Compass agent accuses team of mutiny in new lawsuit

Compass has gotten on the wrong side of one former agent for allegedly helping her team members steal her listings and their attendant commissions. Source: click here

Two of Austin’s largest indie brokerages are joining forces

Realty Austin, the largest independent brokerage in Austin, said its acquisition of Reilly Realtors should give it 10 percent of the market in the city. Source: click here

5 ways to show love this Valentine’s Day

This Valentine’s Day, show the people who mean the most to you how much you appreciate them. Here are five ideas to get you started. Source: click here

What can we learn from the most expensive sale in the US?

David Friedman, co-founder of WealthQuotient, talks through the recent $238 million Central Park South Penthouse purchase by hedge fund magnate and founder of Citadel, Ken Griffin, and what we can learn about ultra-high-net-worth individuals. Source: click here

How are millennials combating affordability issues?

In a new survey from Clever Real Estate, millennial respondents said they’re planning to buy a house within the next 12 months — and many of them are considering homes that’ll save them money in unconventional ways. Source: click here

4 tips for revamping your listing presentation for today’s sellers

Most seller’s agents don’t know exactly why they were chosen as the listing agent — and they don’t ask — so they end up using the same listing presentation year after year. If you are in need of a listing presentation refresh, use these four savvy and effective tips to shake things up a bit. […]

HomeLight’s new app will let agents present iBuyer offers

HomeLight is launching a new tool called Simple Sale, available first as a website and later as a mobile app for agents, that acts as a kind of clearing house for various iBuyers. Source: click here

WATCH: How to overcome discounter objections and keep your commission

Carolyn and Paul Zweben, of Douglas Elliman Real Estate, want their full commissions — every time. They sat down with Joe Rand onstage at Inman Connect New York to discuss defending their paycheck and shared their top tactics for overcoming commission objections.  Source: click here

Housing Affordability Index falls

Housing affordability continues to fall, according to the National Association of Realtors’ Housing Affordability Index, released on Tuesday. Nationwide, the average price of a single-family home fell modestly to $256,400 in December, from $259,900 in November, while rising to $261,600 in 2018, up from $248,800. The adjustment brought the Affordability Index to 147.6 points in December and 155.2 […]

Inventory up as metro sales slow

Inventory is up and prices climbed more slowly in metro areas in the fourth quarter of 2018, according to data from the National Association of Realtors released Tuesday. The median existing single-family home price, meanwhile, climbed 4 percent year-over-year to $257,600. “Home prices continued to rise in the vast majority of markets but with inventory steadily […]

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