Fed hikes rates in sign of economic confidence

Sticking to a script that economists and real estate analysts had long anticipated, outgoing Federal Reserve Chairwoman Janet Yellen Thursday announced a modest benchmark interest rate hike to 1.25 percent-1.50 percent, a move widely perceived as a reflection of confidence in the economy. This is the third such hike in 2017 and sets the stage for what will likely be three or four adjustments in …

SoCal Realtors help clients, save animals as wildfires rage

Multiple wildfires continue to wreak havoc in coastal Southern California. Covering 96,000 acres at the time of this article’s publication according to the LA Times, the “Thomas” fire that broke out near Ventura County earlier this week is currently the most widespread, threatening at least 12,000 homes. …

Keller Williams HQ team unwraps big profit-share checks

On Wednesday the Keller Williams headquarters team based in Austin, Texas, supporting over 170,000 KW associates, were surprised with a well-deserved early Christmas gift during a corporate meeting — profit-share checks from company owners …

My top 10 predictions for real estate in 2018

Two years ago as we approached the year 2016, I predicted Donald Trump would be elected President. My crystal ball hasn’t always been so prescient. Last year I guessed that in 2017 Zillow would expand overseas and NAR would pick a woman CEO (stupid me)…

Can Realogy pivot to an agent-centric business model?

Earlier this month, Brad Inman wrote an opinion piece that compared Gary Keller with Compass’s CEO, Robert Reffkin. Although the piece initially focused on the similarities and differences of Keller and Reffkin, it quickly moved to a much larger, and important, subject: the evolution (or revolution?) of the brokerage model, from broker-centric to agent-centric …

Special Report: Real estate team risks and rewards

The real estate industry is a large tent offering the opportunity for many different business models to thrive. Tight-knit independent offices, 100-percent commission firms, big-brand franchisors, virtual brokerages, tech-driven startups and luxury bou…

Could Gary Keller and Compass’s Robert Reffkin be more similar?

I recently sat with Compass CEO Robert Reffkin in his slick new offices on New York City’s 5th Avenue, when suddenly the image of Texan Gary Keller oddly flashed before my eyes. It was an illusion that quickly lifted, but something clicked in my head that I had missed before …

Five ways to bring real estate tech forward

Josh Team, chief innovation officer for Keller Williams, is in charge of creating platforms and solutions meant to drive the franchise and its agents to success. In order to push the organization forward, Team follows five key guidelines. Watch him on …

Keller Williams makes Q3 gains in hiring, transactions and sales

Buoyed by strong economic growth, rising property values and low interest rates, Texas-based Keller Williams Realty announced year-over-year gains in hiring, transactions, sales volume and profits, according to a third-quarter earnings report obtained …

How can real estate better prepare for natural disasters?

Real estate industry leaders consider how more organized recovery and rebuilding efforts, sustainable housing and insurance resources could come into play …