Real Estate News and Information: The Latest
Coldwell Banker brokerage acquires Chicago KW brokerage
One of the facts about the real estate industry today is that there is going to be consolidation. Brokerages get bought out and assimilated by stronger firms. The difficult real estate economy makes this simply a matter of course. Coldwell Banker has announced the acquisition of Keller Williams Gold Coast in Chicago’s 4 office and [...]
Pinnacle Quest buys Dave Beson Seminars
Pinnacle Quest Consulting announced that it has entered into an agreement to buy Dave Beson Seminars, including its popular LetterWriter series. “We have enjoyed a long-time relationship with Dave and are pleased now to take that relationship to the next level,” said Brent Gray, CEO and co-founder of Pinnacle Quest. “The addition of the popular [...]
NAR revises Home Sales down 14% since 2007
As announced in a previous article on Real Estate Industry Watch, NAR today released revisions to its housing sales numbers for the past four years. The reasons for the changes appear to be both an over=reporting of the number of FSBO sales that were not counted through MLS s as well as double reporting for [...]
4 Crucial Reasons that Realtors should use Pinterest
Pinterest’s member list has grown exponentially in just a matter of months. They have quickly gained just over 4 million members since their launch. It’s a site lovingly referred to as “fantasy football for girls.” While the new social sharing site has a large female following, male followers are quickly coming aboard. Pinterest is a [...]
NAR forms Technology and Emerging Issues Sub-committee for IDX and MLS issues
Blogger and Broker Jay Thompson announced that NAR has formed a subcommittee of the MLS committe, specifically for dealing with Technology and Emerging Issues (read: IDX issues) and that he is one of 17 people who are members and are participating on that sub-committee. While no formal announcement has been made yet on the NAR website, hopes [...]
Real Estate News Headlines:
Edina Realty dumps Trulia and Realtor.com
In a move designed to retain control over where their listings are displayed, Edina Realty in Minnesota has announced that it will no longer send listings to Trulia effective November 30 and will stop syndicating listings to REALTOR.com effective the end of this year. The real estate blogging community has been mixed in its reaction [...]
International
Brookfield Real Estate announces franchise acquisitions
It was announced by Brookfield Real Estate Services today that they will consumate deals on January 1, 2012 for several Canadian brokerages to become franchisees under both their Roal LePage and Via Capitale brands. The deals according the press release will be 80% cash on the first of January totalling $2.6 MM with an additional [...]
ICREA and FIABCI Move Forward with Plans for Integration
In an effort to better serve the international real estate industry, the ICREA and the FIABCI are working toward developing a fully-integrated global organization that will embrace all sectors within the real estate industry. To help achieve this goal, representatives from both organizations have agreed to form a much closer alliance between the two organizations [...]
