News

Monthly homebuyer payments just hit all-time high as spring arrives

The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up

Inman’s Top 5 stories of the week March 3-9, 2023

Catch up on the most-read stories of the week, as determined by Inman readers. Here’s Inman Top 5 for March 3-9, 2023.  

Silicon Valley Bank, proptech hub for real estate clients, collapses

In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO.  

Douglas Elliman earnings fall short to close out 2022

The company logged revenue of $207.3 million in the fourth quarter of 2022 compared to $334.2 million a year earlier, according to an call Friday morning to discuss Q4 and

What the top brokerages’ color choices say about them (and how to choose your personal

Color can make a difference in everything from how you feel to how you’re perceived. Find out how to use it more effectively in your branding and marketing.  

Symba has the cheat codes for managing agent finances: Tech Review

Symba is fintech-light layered over a deal tracker, spliced with back-office accounting. It’s a superb tool for anyone new or growing in the business and a solid accessory solution for

Agents sue largest Coldwell Banker franchise over commission ‘scheme’

Coldwell Banker Seacoast Advantage allegedly pocketed commission fees it told its agents were going to the franchisor. The brokerage says the allegations are “a complete fabrication.”  

Instagram and ChatGPT, hiring mistakes and market entry

Tune in to hear experts discuss the merging of AI and social media, hiring mistakes to avoid, and how agents can nurture their databases.  

MoxiWorks and Milestones team up to offer digital home management

The partnership will allow agents at more than 800 brokerages access to post-close software, providing new owners the ability to monitor the financial and operational state of their home.