news aggregator

Top comments of the week Feb. 20-24

Fri, 2017-02-24 05:55

Inman readers weigh in on stories published across the site ...

Read more

Voice-driven real estate app for Amazon Echo now talks to 3 markets

Fri, 2017-02-24 05:45

A few weeks ago I reported on a voice-driven real estate search app. Now, three agencies have opted in to receive buyer and seller leads. ...

Read more

Why you should think of business planning as ‘success planning’

Fri, 2017-02-24 04:30

Let's be real: Most people don't like to put together an annual business plan. Why is that? Does it seem too selfish? Or is the plan created just never used ...

Read more

Why you must always make content part of your mix

Fri, 2017-02-24 04:30

I know there are not a ton of media junkies out there like me. It's not normal to read five newspapers a day plus devouring ESPN.com, Facebook and Twitter while also scanning more than 40 sections on my Flipboard ...

Read more

5 make-or-break points for successful philanthropy

Fri, 2017-02-24 04:15

This list of key points resembles a list that could be drawn up for any business venture -- and that is one of the key conclusions I have come to: Treat your philanthropic activities as you would treat a business venture! ...

Read more

4 reasons international high-net-worth buyers invest in U.S. real estate

Fri, 2017-02-24 03:35

In my experience, the motivations behind a non-American/HNWI’s decision to invest in U.S. real estate can be broken down into four major categories ...

Read more

Daily market update: February 24, 2017

Fri, 2017-02-24 03:00

Mortgage rates plus all the latest real estate market news ...

Read more

John Peyton to succeed Alex Perriello as Realogy Franchise Group president and CEO

Thu, 2017-02-23 18:08

Realogy Holdings chairman, CEO and president, Richard Smith today announced the promotion of John Peyton to president and CEO for the Realogy Franchise Group, effective April ...

Read more

TripleMint, a high-tech brokerage, closes $4.5 million Series A funding round

Thu, 2017-02-23 17:33

The most successful venture capital-funded brokerages tend to shed some experimental business practices for more traditional techniques, while retaining a core focus on innovative technology. TripleMint fits this model to a ...

Read more

Peyton to Take Helm at Realogy Effective April 1

Thu, 2017-02-23 17:14

Alex Perriello to Become Chairman Emeritus

Realogy Holdings Corp. has announced the promotion of John Peyton to the role of president and chief executive officer for the Realogy Franchise Group (RFG), effective April 1, 2017. Peyton will succeed Alex Perriello, long-time CEO of RFG, who will serve in a senior advisory capacity as chairman emeritus for RFG.

In his new role as president and CEO, Peyton will be responsible for managing RFG’s portfolio of national real estate franchise brands, including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, ERA® and Sotheby’s International Realty® as well as ZapLabs LLC, Realogy’s innovation and technology development hub. Peyton, who joined RFG as president and chief operating officer in October 2016, previously served for 17 years as a senior executive with Starwood Hotels & Resorts Worldwide Inc.

“I am committed to driving strategic new growth for the Realogy Franchise Group,” says Peyton. “We will continue to strive to thoughtfully enhance the value proposition that we deliver for brokers, agents and consumers affiliated with each of our respective franchise brands.”

“Given his extensive franchising experience and proven leadership, I believe John Peyton is ideally suited to take the helm at RFG,” says Perriello.

According to Realogy Chairman, Chief Executive Officer and President Richard A. Smith, Peyton has been working closely with Perriello for the past five months, and a “smooth leadership transition” is expected.

“John Peyton has brought a fresh perspective to our company from his tenure as a global branding leader in the hospitality industry, and I am confident in his ability to continue leveraging his valuable insight on behalf of our leading real estate brands,” says Smith. “He is the right business leader to focus our efforts and execute our plans for continued strategic growth and innovation at the Realogy Franchise Group.”

Smith also acknowledges Perriello’s “lasting mark” on the residential real estate industry. “We are deeply grateful to Alex for his visionary leadership and service to Realogy and our franchise brands for the past 34 years. Alex is a true gentleman, and a leader whose integrity and class is widely acknowledged in our industry. We look forward to Alex’s continued guidance in his new role as Chairman Emeritus for RFG.”

“Real estate is a relationship business, and I have been extremely fortunate to have worked with some of the very best people and brands in the industry during my 34-year tenure at Realogy,” says Perriello. “Our leadership team, affiliated brokers, agents and employees are an amazing group of dedicated individuals, and I am so proud of what we have accomplished together. Collectively, I will miss their professionalism and enthusiasm for finding new and creative ways to deliver exceptional service to their clients and consumers. I look forward to staying involved in a senior advisory capacity to help ensure RFG’s future success.”

The post Peyton to Take Helm at Realogy Effective April 1 appeared first on RISMedia.

Read more

Become the digital mayor of your community [Educational Webinar]

Thu, 2017-02-23 17:11

In this webinar, you will learn how to establish your reputation as member of your community and lay the foundation for referrals and lead acquisition. ...

Read more

Inman Educational Webinar: Become the digital mayor of your community

Thu, 2017-02-23 17:11

In this webinar, you will learn how to establish your reputation as member of your community and lay the foundation for referrals and lead acquisition. ...

Read more

Re/Max nets $22.7M in 2016 with rising agent count

Thu, 2017-02-23 16:45

Today Re/Max announced its largest annual agent gain in a decade and a bank account that's $22.7 million in the black ...

Read more

Kohl's, Macy's turn landlords in bid to unlock real estate value - Reuters

Thu, 2017-02-23 16:10


Reuters

Kohl's, Macy's turn landlords in bid to unlock real estate value
Reuters
The move underscores the pressing need for the two chains to better monetize their real estate assets at a time when fewer people are visiting malls and instead shopping online for everything from clothes to home decor items. Kohl's said on Thursday it ...

and more »

Categories: USA

Read more

FHFA: Q4 Home Prices Edge Up 1.5 Percent

Thu, 2017-02-23 16:07

Home prices edged up 1.5 percent in the fourth quarter of 2016, totaling 6.2 percent from the fourth quarter of 2015, according to the Federal Housing Finance Agency’s (FHFA) recently released House Price Index (HPI). The HPI—based on prices for homes with Fannie Mae- and Freddie Mac-backed mortgages—came in 0.4 percent higher month-over-month in December.

Per the Index, home prices increased in the majority of states, as well as the District of Columbia, from the fourth quarter of 2015 to the fourth quarter of 2016. The upward trend was propelled by activity in Oregon (11.0 percent increase), Colorado (10.6 percent), Florida (10.4 percent), Washington (10.2 percent) and Nevada (8.9 percent), with the Tampa-St. Petersburg-Clearwater, Fla., metropolitan area showing the most growth: 13.2 percent. At the other end of the spectrum, Wilmington, Del.-Md.-N.J., showed the least growth: -1.8 percent.

“Although interest rates rose sharply during the fourth quarter, our data show no signs of a home price slowdown,” said Andrew Leventis, FHFA deputy chief economist, in a statement. “Although it will certainly take more time for the full effects of elevated interest rates to be felt, there is no evidence of a normalization in the unusually low inventories of homes available for sale, which has been the primary force behind the extraordinary price gains.”

According to the National Association of REALTORS® (NAR), the housing supply shortage continued in January, down 7.1 percent from January 2016.

Source: Federal Housing Finance Agency (FHFA)

For the latest real estate news and trends, bookmark RISMedia.com.

The post FHFA: Q4 Home Prices Edge Up 1.5 Percent appeared first on RISMedia.

Read more

Report: Inaccurate Data Undercuts Business Decisions

Thu, 2017-02-23 16:06

Data is only as powerful as its accuracy.

Clean data is crucial to the success of a real estate brokerage: accurate internal data secures transactions, while accurate property data facilitates them. According to a new report from Experian Data Quality, the “Global Data Management Benchmark,” 52 percent of businesses across industries guess or use “gut feelings” to make data-driven decisions, primarily due to inaccuracies.

The heart of the issue is inconsistency, according to the report. Eighty-two percent of businesses do not have a sufficient system for managing data, such as a dedicated staff. Quality control is often relegated to the IT department—in fact, IT departments exercise the most influence on data management in 62 percent of businesses. What’s more: 70 percent of businesses believe an IT department should not have data management responsibilities.

“Business units want to take control of their data assets and leverage data for specific departmental purposes like reporting or analytics,” explained Thomas Schutz, senior vice president and general manager for Experian Data Quality, in a statement on the report. “The IT department may not always know the context under which certain data was created or acquired, nor do they know the intended uses for that data down the road.”

Eighty-five percent of businesses, the report shows, saw improved customer service, specifically through communications, by reassigning data control. Seventy-three percent currently believe dirty data is infringing on their ability to serve customers.

“Businesses talk a great deal about being data-driven, but most lack the trusted, reliable data they need to effectively leverage information to drive new initiatives,” Schutz said. “Good data is good for business. We know that when we help organizations make improvements to their data, they see positive results; however, organizations need to develop an understanding of their data assets and speak a common language around data so the necessary investment can be made in a holistic data management practice.”

Source: Experian Data Quality

For the latest real estate news and trends, bookmark RISMedia.com.

The post Report: Inaccurate Data Undercuts Business Decisions appeared first on RISMedia.

Read more

How Coldwell Banker used Facebook Live to cover the Consumer Electronics Showcase (CES) for agents

Thu, 2017-02-23 15:28

In December 2015, Facebook opened Facebook Live to the masses -- and its popularity has yet to slow down, with everyone using it from your grandma sharing her top baking secrets to your next-door neighbor filming cool dog tricks all for friends to see in real time ...

Read more

Physician, healthcare entrepreneur, to head new healthcare real estate brokerage, advisory division - Sun Sentinel

Thu, 2017-02-23 14:50


Sun Sentinel

Physician, healthcare entrepreneur, to head new healthcare real estate brokerage, advisory division
Sun Sentinel
Benjamin Patipa, MD, has joined Reichel Realty & Investments Inc. as vice president, leading the firm's new Healthcare Real Estate Brokerage & Business Advisory Division, in Palm Beach Gardens. Patipa, a physician, business leader and healthcare ...

Categories: USA

Read more

San Francisco Bay Area MLSs to share ‘coming soon’ and pocket listings

Thu, 2017-02-23 13:55

When "coming soon" listings blazed into the spotlight nearly three years ago, MLSss had a choice: support what agents and brokers were already doing among themselves or try to quash it ...

Read more

Trump, Europe, and Chaos - The Free Weekly

Thu, 2017-02-23 13:31


The Free Weekly

Trump, Europe, and Chaos
The Free Weekly
... ongoing FBI investigation of Trump associates' activities in Russia during the presidential campaign, and a Russian-American businessman who worked on real estate deals with Trump, including one in Moscow—and an obviously ambitious Ukrainian man ...

and more »

Categories: Europe

Read more

Syndicate content

Have Questions?

Captcha Image: you will need to recognize the text in it.
Try different image.