WFG News
February 18, 2015

Revamped apartments.com gets $100M coming-out party

Commercial real estate powerhouse CoStar Group has launched an “aggressive” play to win the rental portal space in 2015 with a $100 million national multifaceted consumer marketing campaign to hype its revamped apartments.com rental site. CoStar Group, which acquired apartments.com for $585 million last March and owns the popular commercial listing site LoopNet,…
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WFG News
February 18, 2015

10 reasons email real estate marketing beats social media

Social media can be a soul-crushing experience for a real estate agent. On Facebook, your posts get seen by a whopping four people. Or on Twitter, you find out that a past client just bought a house with another agent. Over on Pinterest, you are getting zero interaction on any…
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WFG News
February 18, 2015

Trulia acquisition giving Zillow’s stock a shot in the arm

With the acquisition of Trulia finally in the bag, Zillow’s share price soared more than 20 percent in heavy trading this afternoon as the company begins to take steps — including trimming its workforce — that will help it fully realize cost and revenue “synergies.” The jump in share price…
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WFG News
February 18, 2015

International portal Lamudi raises $19 million

Lamudi, a rapidly growing international real estate portal with a focus on emerging markets, has raised $19 million to strengthen its presence in Latin America and Asia. Three investors participated in the round: Asia Pacific Internet Group, a joint venture between Lamudi’s parent company Rocket Internet and telecom firm Ooredoo; Holtzbrinck Ventures, the…
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WFG News
February 18, 2015

Zillow ratcheting up marketing spend

Last year Zillow spent $75 million to raise the profile of its brand with consumers. This year, it will spend even more, CEO Spencer Rascoff says. Discussing the company’s acquisition of Trulia on a conference call with investors this morning, Rascoff wouldn’t provide exact numbers on this year’s marketing spend.…
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WFG News
February 18, 2015

Missing Pete Flint

Ian Morris Eighteen years ago, while helping Microsoft figure out an online real estate strategy, I met Ian Morris, a brash, funny, ambitious New Jersey boy, son of a Wall Street banker. He was a recent graduate of the Harvard MBA program and he was anxious to make a mark…
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WFG News
February 18, 2015

Home loans can offer a world of opportunity to savvy real estate agents

Ever since the Consumer Financial Protection Bureau released its findings that almost half of homebuyers don’t shop around for the best rate on their mortgage, I’ve been trying to make sense of this revelation. It’s not that it’s shocking — the fact that homebuyers need a lot of help with the…
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WFG News
February 18, 2015

Facebook ads for real estate agents: A step-by-step guide

Social media has introduced a whole new world of advertising and marketing to real estate agents. But where should you start? Facebook is one of the most widely used social networks on the planet, and if you haven’t implemented a Facebook ad strategy yet, here’s your guide to starting one.…
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WFG News
February 18, 2015

San Diego MLS taking listing syndication into its own hands

A multiple listing service serving more than 18,000 members in San Diego County is taking listing syndication into its own hands with technology from Bridge Interactive Group. The MLS, Sandicor, had explored taking over syndication last year. But when it learned that an agreement between Zillow and ListHub was up for renewal in…
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WFG News
February 18, 2015

Bank of America unveils down payment assistance search tool

Consumers and Bank of America’s mortgage loan officers now may have an easier time pinpointing down payment assistance programs that can sometimes be the ticket to homeownership for buyers who might otherwise remain on the sidelines. The financial institution, which claims to serve 48 million consumer and small business relationships, has partnered with Down…
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