REAL ESTATE

By Inman News Feed

Redfin co-founder David Eraker is back with a completely new real estate brokerage model

Buy a house anywhere but the U.S. and Canada, and chances are you won’t have your own agent. That means the commission paid by overseas sellers can total 2.5 percent or less — about half as much as they’ll shell ...

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Posted Nov. 13, 2014

REAL ESTATE

By Inman News Feed

Deals could accelerate the spread of listing videos

Real estate digital media and technology company RealBiz Media Group Inc. has signed joint marketing agreements with two new partners — Properties Online Inc. and Harmon Media Group — that will not only put RealBiz’s video creation engine to work ...

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Posted Nov. 12, 2014

What's Your Home Worth?

The Zestimate (pronounced ZEST-ti-met, rhymes with estimate) home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is pulled from data; your real estate agent or appraiser physically inspects the home and takes special features, location, and market conditions into account. Variations in price also occur because of negotiating factors, closing costs, and timing of closing....

Provided by Zillow

REAL ESTATE

By Inman News Feed

Beware of turkey wattles and business card cliches

Attending the National Association of Realtors’ annual convention in New Orleans, Leigh Brown has been noticing that Realtors' business cards almost always ask for referrals. Not only is it highly improbable that Realtors will get a referral from a stranger, but they always seem to word the request exactly the same way, Brown complains ...

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Posted Nov. 12, 2014

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