Anthony Ricci / Shutterstock.com The week in industry hires and promotions: May 18-22

The week in industry hires and promotions: May 18-22

Who got hired or promoted this week? Here's our weekly rundown, in chronological order ......
By Inman | Saturday, May 23, 2015
Joseph Sohm / Shutterstock.com Yield-driven investors expanding list of target markets

Yield-driven investors expanding list of target markets

Yield-driven investors are expanding their list of target markets and acquiring more rental assets in secondary and tertiary cities. During the first quarter of 2015, more than $16 billion of multifamily product traded in secondary and tertiary marke...
By Erik Pisor | Friday, May 22, 2015
Andrekart Photography / Shutterstock.com Fannie Mae and Ellie Mae: yay for purchase transactions

Fannie Mae and Ellie Mae: yay for purchase transactions

While the real estate market has experienced a strong surge in refinance transactions in recent years, an economist at government-sponsored enterprise Fannie Mae and the head of mortgage software provider Ellie Mae this week touted an increase in pur...
By Amy Swinderman | Friday, May 22, 2015
Kentoh / Shutterstock.com Beware Fed chairpersons speaking on Friday afternoons before long weekends!

Beware Fed chairpersons speaking on Friday afternoons before long weekends!

Another week of anxious pencil-tapping in quiet markets, and one more holiday-shortened week ahead before events will conspire to move the herd. Long quiet, big move. A “data-dependent” Fed means more than ordinary waiting for data. If the Fed is...
By Lou Barnes | Friday, May 22, 2015
SusaZoom / Shutterstock Agents who ignore 'green' home features could be leaving money on the table

Agents who ignore ‘green’ home features could be leaving money on the table

If buyers knew their prospective new home could come with lower energy bills and be better for the environment, would they pay more for that home? Two recent studies suggest they would. But many listing agents are not doing a good enough job promotin...
By Andrea V. Brambila | Friday, May 22, 2015
J.D.S / Shutterstock.com ‘Johnny Lawsky’ leaves New York regulator post, but not before tackling foreclosure problem

‘Johnny Lawsky’ leaves New York regulator post — but not before tackling foreclosure problem

New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawky announced this week that he is stepping down from his post, but he has at least one more parting gift for the real estate industry: tackling the Empire State’s sy...
By Amy Swinderman | Friday, May 22, 2015
Valerio Pardi / Shutterstock.com How to establish loyalty within your brokerage

How to establish loyalty within your brokerage

Better commission splits, according to a recent study by Inman, would motivate nearly half of participants to leave for a different brokerage. Yes, money matters, but creating a team-focused environment for your agents makes them want to work for you...
By Jennifer Riner | Friday, May 22, 2015
NautilusFront1024 IGuide 3-D home of the week

IGuide 3-D home of the week

From the moment you set foot in this grand eight-bedroom, nine-bath Mediterranean-style home, the expert craftsmanship from floor to ceiling will draw you into the home. If ocean views are your thing, just wait until you experience the master bedroom...
By Kevin Klages | Friday, May 22, 2015
Victor H / Shutterstock.com Technology doesn't replace people -- specialized people do

Technology doesn’t replace people — specialized people do

In my ongoing quest to buy a home this year, I have had many interesting and eye-opening experiences about the same industry that I thought I already knew so well. I mean I spent the past decade of my life specializing in it. I see many people making...
By Stephen Schweickart | Friday, May 22, 2015
Andrey Bayda / Shutterstock.com Startup hopes 'Hollywood' video ad helps it blast off

Startup hopes ‘Hollywood’ video ad helps it blast off

A time comes in a startup's life where it has figured out its messaging, nailed down its business model and it's ready to shout the news from the rooftops. That time has come for AgentPair, a startup that hit the real estate scene last year with a pl...
By Paul Hagey | Friday, May 22, 2015
Hero-RealtorvsZillow Best portal TV ad? Realtor.com's takes the cake

Best portal TV ad? Realtor.com’s takes the cake

Realtor.com's national TV ad does a better job of connecting with consumers than Zillow's, according to the 3,687 readers who took Inman's poll this week. It wasn't a landslide, but with 60.7 percent of the votes, realtor.com came out ahead ......
By Paul Hagey | Friday, May 22, 2015
LoloStock / Shutterstock.com New search tool ranks listings by expected rental ROI

New search tool ranks listings by expected rental ROI

“We’re seeing a lot of foreign money and investors that want to park their money somewhere,” said Lee Lin, co-founder of rental search website RentHop. “The joke is Manhattan condos have become the new world reserve currency.&...
By Teke Wiggin | Friday, May 22, 2015
hxdbzxy / Shutterstock.com Midwest, South represent most affordable regions for graduates

Midwest, South represent most affordable regions for graduates

As the rental sector enters what is historically peak leasing season, owners and managers of value-add -- Class B and C -- properties and newly built or Class A product will look to push rents more aggressively. For recent college grads, this will eq...
By Erik Pisor | Friday, May 22, 2015
Silver Wolf / Shutterstock.com Mortgage interest deduction said to cause 'vast distortion' in global economy

Mortgage interest deduction said to cause ‘vast distortion’ in global economy

Subsidies that governments give to debt have spawned a "vast distortion" in the global economy that has made the financial system vulnerable to crises, hindered productive investment, curtailed economic growth and aggravated inequality, according to ...
By Teke Wiggin | Friday, May 22, 2015