KW will cut profit sharing for agents who joined rivals

Keller Williams is going with the carrot and the stick approach. The franchisor just announced a significant adjustment to its profit sharing program, aimed at rewarding agents who stay with the company and punishing vested agents who left for competitors. Keller Williams President Marc King last we
Read MoreZillow Home Loans rolls out 1% down payment option program

Zillow‘s mortgage arm launched a down payment assistance program where the company will cover 2% of the borrower’s down payment at closing, allowing buyers to pay just 1% upfront. The program is available for eligible borrowers in Arizona and will expand to additional markets, Zillow Home Loans said
Read MoreWhat A Bankruptcy Might Mean For WeWork’s Tenants

Nobody knows exactly what will happen, and we are just at the start of a process that will have many twists and turns.
Read MoreHousing sector is showing signs of picking back up: Powell

In a hawkish tone, Jerome Powell said that Federal Reserve (Fed) officials are prepared to raise the federal funds rate further and hold it at high levels until they are confident that inflation is moving sustainably down to the 2% target. And that’s unclear at this point. There are some sources of
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