September 8, 2018
GLOBAL PERSPECTIVES
Here's Where Foreign Real Estate Investors are Buying in New York City
   
New York City has one of the most expensive real estate markets in the world, a distinction earned via a boost from wealthy foreigners snapping up pricey apartments. The Big Apple is second only to London in its popularity among foreign investors, according to a survey in January by the Association of Foreign Investors in Real Estate.

INDUSTRY NEWS
Uber Real Estate is Now Disrupting Real Estate With Their Uber Model
 
Uber Real Estate has announced the launch of Uber Real Estate services. Uber Real Estate is disrupting the traditional real estate brokerage brick and mortar business model by reducing the transaction cost by up to 50 percent using their unique on-demand model.


LEGISLATIVE NEWS
Realtors® Reflect on Ten Year Anniversary of Conservatorship
   
A decade later, the American financial and mortgage lending systems look vastly different, thanks in part to safe and sound lending and regulatory policy reforms supported and advanced by the National Association of Realtors®. Home prices are at or approaching record highs in many markets, while mortgage default and foreclosure rates sit near historic lows. In the meantime, the federal government's conservatorship of Fannie Mae and Freddie Mac continues, with no long-term reform solutions on the horizon.

TECH TIPS
How realtor.com Just Got Way Better at Lead Conversion
   
Last week, News Corp., owner of realtor.com in the U.S. and the majority owner of REA Group in Australia, announced the $210 million acquisition of lead qualification service Opcity. Why it matters: With this acquisition, realtor.com dives deeper into the lead conversion funnel in a major way.


NEWS YOU COULD USE
Take Five: 5 Ways to Avoid Burnout
   
We're coming into the fourth quarter of the year, when many agents begin to wind down their lead generation. Why? Often, they're beginning to feel the first symptoms of burnout. Burnout is a common affliction in real estate that affects agents at all levels of experience. It's no surprise that it's one of the top reasons for failure in business.


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