Weekly Real Estate News Quiz: Think You're Up On The Biggest Headlines?

From James "Whitey" Bulger's murder home to a huge Christmas bonus, the real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week.
START
Jeff Cohn and his team of 35 staff and agents from Berkshire Hathaway HomeServices is joining Keller Williams in January 2020. Where is his team based?

Omaha’s Elite Real Estate Group, the top team based on transaction sides at Berkshire Hathaway HomeServices, is making the move to Keller Williams, it was announced Tuesday.

Team leader Jeff Cohn, along with his team of 35 staff and agents, will join Keller Williams in January 2020.

Read the story here.

Next
This brilliant marketing strategy from RE/MAX Lawn Realty broker James Jensen came from his wife Andrea, a fifth-grade teacher who saw a bright red box for sale at a local store called Real Deals.

To get into the holiday spirit, two RE/MAX branches in North Dakota have put up mailboxes for kids to send their letters to Santa Claus.

RE/MAX Lawn Realty in Valley City and RE/MAX Now in Jamestown each installed a bright red mailbox with Santa Claus’s home in the North Pole written on it as the destination. The idea, RE/MAX Lawn Realty broker James Jensen told Inman, came from his wife Andrea. A fifth-grade teacher, she saw the bright red box for sale at a local store called Real Deals and suggested they turn it into a mailbox for children’s Santa letters.

Read the story here.

Next
Two years ago Realogy CEO Ryan Schneider removed this from his office.

One of the first things Schneider did when he took over as CEO was remove a Bloomberg terminal.

Read the story here.

Next
On Tuesday, Assist-2-Sell co-founder Lyle Martin sent a letter to the National Association of Realtors concerning its recent pocket listing ban, arguing that the new policy “guts” one thing in particular.

On Tuesday, Assist-2-Sell co-founder Lyle Martin sent a letter to the National Association of Realtors that begins by mentioning a positive past relationship between Assist-2-Sell and NAR.

“In light of this positive history,” Martin continues, “I am shocked and dismayed at the manner in which NAR has reacted to the series of concerns we raised about the new ‘Clear Cooperation Policy.'”

Martin goes on to argue that NAR’s rule “guts” the idea of an office exclusive — which is publicized only internally at a brokerage and is still allowed — because it prohibits public marketing. Martin says that this outcome limits consumer choice.

Read the story here.

Next
While this metric rose slightly from August to September, not a single state has seen an overall rise in rates year-over-year, according to a new CoreLogic report released Tuesday.

While home delinquency rates rose slightly from August to September, not a single state has seen an overall rise in rates year-over-year.

Nationwide, the delinquency rate in September was at 3.8 percent, according to the latest CoreLogic data released on Tuesday. The number is up slightly from 3.7 percent in the previous month but still down from 4.4 percent last year and at a 20-year low for September. The foreclosure inventory rate, which measures the number of mortgages in the foreclosure process, is at 0.4 percent — marking the 11th straight month that the rate has been the lowest since 1999.

Read the story here.

Next
On Monday, this company’s iBuyer platform expanded to Los Angeles, joining a slew of competitors that recently descended on the nation’s second largest city.

Zillow Offers, the homebuying and selling platform that the Seattle-based real estate tech giant launched last year, has arrived in southern California, it was announced Monday.

The latest addition, which captures a large swath of Los Angeles and throughout Orange County, brings the platform to its 22nd market.

Read the story here.

Next
Earlier this week, this commercial real estate firm surprised all 198 of its employees with a whopping $10 million holiday bonus.

A commercial real estate firm just surprised all 198 of its employees with a whopping $10 million holiday bonus.

Today St. John Properties, a Baltimore-based real estate firm focusing on large-scale office spaces and commercial developments, announced that it achieved its goal of developing 20 million square feet of office, flexible, retail and warehouse space in eight states.

Read the story here.

Next
In a post this week by Inman contributor Troy Palmquist, the author offers three social media strategies for agents who want to become “hyperlocal.” Which of these tips does Palmquist not suggest.

Palmquist does not suggest that agents “create a persona.”

Read the story here.

Next
Conversion Monster, a lead conversation startup that automates inside sales agent tasks, was named the top startup by this brokerage.

Conversion Monster, a lead conversation startup that automates inside sales agent tasks, was named the top startup at Keller Williams’ futuRE event, a pitch battle for chosen startups, in Las Vegas. With first place, Conversion Monster gets priority placement in Keller Cloud, the company’s real estate cloud for agent tools and $15,000.

Read the story here.

Next
A notorious Boston home that infamous crime boss James “Whitey” Bulger used to hide victims’ bodies may finally be razed. What did Bulger nickname the home?

A notorious Boston home that infamous crime boss James “Whitey” Bulger once called “The Haunty” and used to hide victims’ bodies may finally get torn down.

As first reported by Boston.com, the Boston Landmarks Commission is in the process of evaluating a demolition application for 799 East Third St. in South Boston. The property first hit the market for $3.5 million in July. Despite a complete renovation of its interior and a later price cut, the property failed to sell. Its owner now wants to tear it down and build a four-unit townhouse with eight parking spots.

Read the story here.

Next
You got {number correct}/{number of questions} correct answers
If you answered six or more questions correctly, great job. If not, keep up by reading Inman every day.