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Compass, Chapter partner on home renovations

Housing Wire

Compass has entered into a partnership with renovation firm Chapter to integrate design and remodeling services into the home buying and selling processes across markets in New York, Florida, Connecticut and New Jersey. A 5% discount on renovation work completed through Chapter is also being offered.

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Miami homeowner sues eXp for fraud over renovation

Housing Wire

In his filing, Ammann claims that eXp publicly advertises that its agent s may not act as contractors providing home repair or renovation services on properties they represent, as doing so would be a conflict of interest. Activities agents may and may not engage in are typically outlined in their firms Independent Contractor Agreement.

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Agents share dueling opinions on off-market listings

Housing Wire

For some agents , these private transactions are tools of exclusivity and strategy. Four agents with strong opinions; Isom Coleman in Sacramento, Calif.; Some agents use off-market listings as a way to double-dip commissions, Willoughby said. Maybe theyre doing renovations and dont want showings yet. Lets be honest.

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How two sisters closed $40 million in 2024 “vibe flipping” LA homes

Housing Wire

They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit. To succeed in renovating luxury homes, you need to understand what buyers want. Sounds too good to be true, right?

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Why real estate professionals must return to old-school thinking in 2025

Housing Wire

For example, changing agent commission guidelines and emerging lead contact regulations are keeping professionals up at night. Together, these obstacles are forcing agents and brokerages to hit the sidelines and plan against seemingly insurmountable odds like facing Brady and the Patriots in the Superbowl. What does this look like?

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Homebuyers turn to aging properties as construction lags

Housing Wire

Older homes may cost less upfront, but the cost of repairing or replacing big ticket items can be a huge burden for buyers, said Jerry Quade, a Redfin Premier agent in Cleveland. In Austin, the market dynamics have turned in favor of well-located, renovated older homes.

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Primary suites, kitchens, roofing lead remodel impact report

Housing Wire

Replacing a front door with a new steel model saw a 100% cost recovery rate, while closet renovations (83%) and new fiberglass front doors (80%) also offered significant returns, according to estimates from remodeling professionals. In contrast, the projects with the strongest cost recovery were more modest in scale.