Recent Articles by Matt Carter

Conditions are ripe for broker and agent websites to up their game

Conditions are ripe for broker and agent websites to up their game

It's easy to forget that when Zillow.com debuted in February 2006, the site had no listings. Zillow was revolutionary at the time for taking information that had been being digitized for businesses like mortgage lenders and title insurers and making ...
By Matt Carter | Friday, April 3, 2015
This cloud-based brokerage is in 70 markets and just turned a profit

This cloud-based brokerage is in 70 markets and just turned a profit

Cloud-based brokerage eXp Realty International Corp. is in the black for the first time since launching five years ago, with the 530 agents affiliated with the company generating $13.4 million in 2014 revenue, up 25 percent from a year ago. ......
By Matt Carter | Tuesday, March 31, 2015
Tesla’s home batteries could fuel ‘off the grid’ real estate boom

Tesla’s home batteries could fuel ‘off the grid’ real estate boom

Rooftop solar panels can be a great way for homeowners to cut their electricity bills, particularly where rebates that reduce cost of the initial investment are available. But because you can’t depend on the sun to come out every day ......
By Matt Carter | Tuesday, March 31, 2015
Add Birmingham to the list of cities where investors can buy and manage homes remotely

Add Birmingham to the list of cities where investors can buy and manage homes remotely

HomeUnion says it’s now providing investors with tools to buy and manage single-family homes in 10 cities with the addition of Birmingham, Alabama, to its list of “active” investment markets. Launched last May in 15 markets, HomeUni...
By Matt Carter | Tuesday, March 31, 2015
Allegations of kickbacks to condo buyers come back to haunt ex-Florida Realtor

Allegations of kickbacks to condo buyers come back to haunt ex-Florida Realtor

A former Florida Realtor could be facing prison time over his alleged role in a mortgage fraud conspiracy at a 390-unit condo complex that prosecutors say cost mortgage lenders more than $15 million. Joseph Pasquale, 38, a resident of Worcester, ......
By Matt Carter | Monday, March 30, 2015
MailChimp competitor offers email marketing templates tailored for real estate

MailChimp competitor offers email marketing templates tailored for real estate

Look out MailChimp, Constant Contact, AWeber and REmessenger: Responsive email marketing software provider Mailify, which just brought a platform that’s already popular in Europe to the U.S., is now offering a set of real estate-specific email ...
By Matt Carter | Friday, March 27, 2015
Freddie Mac vet tapped to lead FHA

Freddie Mac vet tapped to lead FHA

Freddie Mac veteran Edward Golding has been named to head up the Federal Housing Administration -- sort of ......
By Matt Carter | Thursday, March 26, 2015
Survey finds it’s often up to Realtors to clue millennials in to closing costs

Survey finds it’s often up to Realtors to clue millennials in to closing costs

Most millennials are blissfully unaware that title insurance, lender origination fees and other closing costs can amount to 3 to 5 percent of a home’s purchase price — $6,000 to $10,000 for a median-priced home — and it’s usua...
By Matt Carter | Wednesday, March 25, 2015
Zillow just gave consumers something more than a cow pie

Zillow just gave consumers something more than a cow pie

Realtor.com couldn't do it. Redfin couldn't do it. Even the Houston Association of Realtors tried and failed. Now Zillow's done what the industry establishment couldn't: It's helping consumers find agents in their area who have the greatest number of...
By Matt Carter | Tuesday, March 24, 2015
Rising tide but no tidal wave of new .realtor agent websites

Rising tide but no tidal wave of new .realtor agent websites

It’s looking like there won’t be a tidal wave of new real estate agent websites incorporating the “.realtor” domain extension after all. The National Association of Realtors has offered to give 500,000 .realtor domain names aw...
By Matt Carter | Tuesday, March 24, 2015
Former realtor.com exec out for slice of neighborhood discovery pie

Former realtor.com exec out for slice of neighborhood discovery pie

Former realtor.com executive Allan Dalton is back, having set his sights on taking a slice of the neighborhood discovery pie. It’s potentially a very big pie — Nextdoor, in its most recent round of funding, was just valued at $1.1 ......
By Matt Carter | Tuesday, March 24, 2015
Century 21 teams up with Hootsuite on social selling tool for agents

Century 21 teams up with Hootsuite on social selling tool for agents

Century 21 is rolling out a customized version of Hootsuite’s social media solution the franchisor says will allow affiliated agents and brokers to manage multiple networks from a single dashboard and broadcast a “continuous drumbeat of r...
By Matt Carter | Monday, March 23, 2015
Yet another perk of homeownership: catch in the backyard

Yet another perk of homeownership: catch in the backyard

There are the rational arguments for homeownership, and there are the emotional ones. When you own, nobody can tell you how big your dog can be — or that you can’t have one.  You want to play catch with your ......
By Matt Carter | Monday, March 23, 2015
Why the MLS is still a tough dragon to slay

Why the MLS is still a tough dragon to slay

It's worth asking whether MLSs are still relevant, but if you want to imagine a world without the MLS, you also need to think about a world without co-brokerage. That world might be better for buyers and sellers in some respects. But what would the d...
By Matt Carter | Tuesday, March 17, 2015
Re/Max says big payout to investors won’t crimp growth

Re/Max says big payout to investors won’t crimp growth

Real estate franchise giant Re/Max says its strong balance sheet and cash flow will allow the company to continue to reinvest in its business and make acquisitions even as it doubles its quarterly dividend to investors and pays out a ......
By Matt Carter | Thursday, March 12, 2015
FAA approves more real estate drone flights, but there’s a catch …

FAA approves more real estate drone flights, but there’s a catch …

The FAA continues to issue exemptions for real estate-related commercial drone flights, but there’s a catch — the permits all require that operators have a private pilot’s license. The four real estate-related commercial drone appro...
By Matt Carter | Monday, March 9, 2015
Broker’s website shows off ‘bad’ listings

Broker’s website shows off ‘bad’ listings

Open Listings — a newly launched, licensed California brokerage that offers to help consumers buy homes “commission free” — is screaming for more attention (and maybe a lawsuit or two) with a new website, “Shitty Listing...
By Matt Carter | Monday, March 9, 2015
Latest funding round values Nextdoor at $1.1 billion

Latest funding round values Nextdoor at $1.1 billion

In the summer of 2012, Nextdoor was the most talked about new social network at Real Estate Connect, and the company closed its first round of $18.6 million in funding from investors including Zillow Chairman and co-founder Rich Barton. Today, the ...
By Matt Carter | Wednesday, March 4, 2015