Critics slam presidential hopeful’s plan to ‘tax the hell out of’ the rich

One analyst said Friday that the tax proposal from presidential candidate and New York Mayor Bill de Blasio “would destroy a lot of wealth in the country.”

NYC competitor sues Compass over allegedly poaching manager

Compass is the target of another lawsuit. This time, it’s from Elegran, a lead generation-focused brokerage in New York City.

Inventory plummets, prices jump near Amazon’s HQ2 in Virginia

In the wake of Amazon’s HQ2 announcement, agents say that some sellers in Virginia are waiting to list their properties while buyers at the lower end of the spectrum are having trouble competing for homes.

Move over New York, here comes Charleston

In the U.S., 24-hour cities essentially translate to our gateway cities: Boston, Chicago, Los Angeles, New York, San Francisco, and Washington, D.C. Meanwhile, 18-hour cities are the markets with above-average urban population growth.

Rents in the US just keep going up and up

The average rent was up 3.2 percent year-over-year in June. Last month also saw the biggest average rent increase in more than a year

How to begin financing investment properties

Turning homebuyers into investors can mean more financial security for them and more business for agents. But especially less-experienced investors may need help getting started

Airbnb teams up with developer for hotel-condo hybrid

Two upcoming buildings from Airbnb and NGD Homesharing in Austin and Miami will have hotel licenses, which will give unit owners the freedom to rent them out as much as they want.

Massachusetts begins taxing short-term rentals and nightly rates are predicted to rise

The new fee kicked in on Monday and applies the state’s 5.7 percent occupancy tax, which was previously imposed on hotels, to short-term rentals that are facilitated by websites such as Airbnb, Vrbo, Vacasa and others.

LA’s new short-term rental rules are here, hosts must pay $89 minimum fee

Property owners who want to rent out space on Airbnb, Vrbo or similar sites have to register their units with the city and pay a fee, which they can do online. The most basic type of home-sharing registration will allow hosts to rent out their properties for a maximum of 120 days per year, and it costs $89.

EXp Realty CEO Glenn Sanford envisions hitting 100K agents

Leading into Inman Connect Las Vegas in July, the eXp Realty CEO believes his virtual brokerage can grow by a factor of five by 2025.