amazonYou can order groceries, arrange for a house cleaning or handyman, do all your school supply shopping, and try on clothes before you buy them on Amazon. And now the nearly ubiquitous company has dipped its toe into the real estate world with a new collaboration with Realogy Holdings.

And if that doesn’t sound familiar, the companies under the Realogy umbrella probably do — thanks to brands like Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, ERA, and Sotheby’s International Realty, Amazon’s TurnKey can hit the ground running in 15 U.S. cities, including Dallas-Fort Worth.

The collaboration between the two companies combines Realogy’s Realtors and their expertise with Amazon’s tech-driven convenience. 

Robbie Briggs

It’s news that excited Robbie Briggs, president and CEO of Briggs Freeman Sotheby’s International Realty in North Texas. 

“Since 1960 and counting, no brokerage has taken better care of its clients than Briggs Freeman Sotheby’s International Realty. I’m so proud of that,” he said Wednesday. “And I’m proud we’re affiliated with the only global brokerage that could achieve such an innovative collaboration with Amazon. There is nothing like it.”

“For our participating colleagues, it’s a one-of-a-kind experience for their clients, especially their sellers, who may benefit from more leads to great buyers — many of whom will be in North Texas,” he added.

Briggs Freeman Sotheby’s, as well as local Century 21, Better Homes and Gardens, and Coldwell Banker brokerages will benefit from TurnKey.

“When we designed TurnKey, we recognized that ‘closing’ on a home is really just the beginning of the homebuying journey,” said Eric Chesin, senior vice president and head of strategy for Realogy. “We are proud to team up with Amazon to extend the value we bring to buying a home beyond the moment you first unlock your new front door.”

But what is TurnKey?

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amazon

Photo courtesy Amazon

Amazon Prime Day began at midnight PST (actually, there have been deals all weekend, but the big ones are supposed to be over the next two days), and if you were thinking you might check out some of the deals and find some items to upgrade or spruce up the house, we’ve taken a gander for you.

We’re nice like that. It has nothing to do with the fact that we were also looking for the same thing. At all.

At any rate, if you’re not the type to sit and refresh for the deals that continually update all day (and let’s face it, none of us actually have the time, we just get sucked in and make the time), the first thing you can look at is the handy list that Amazon provided of all of their deals to be had. (more…)

shopping

Photo courtesy Flickr

From staff reports

There was a time where shoppers may not have cared if Amazon was slightly more expensive than big-box retailers — the convenience outweighed any slight differences.

But now that the two biggest of the big boxes have upped their game when it comes to online shopping, LendEDU looked to see where the bigger savings really were: Amazon, Walmart, or Target?

“While Amazon has long been considered the most convenient option for buying practically anything online, Walmart and Target are getting competitive,” writes Ted McCarthy. “The latter two both offer free two-day shipping on orders of $35 and over without any membership required.”

Amazon offers free shipping (and several other amenities) with its Amazon Prime, which costs $12.99 a month or $119 a year.

LendEDU compared 50 nearly identical items from Amazon, Walmart, and Target to see what the pricing difference was. To qualify for the comparison, the items had to be available for shopping on all three sites. The comparison looked at home goods, food and beverage, kitchen/appliances, technology and entertainment, and miscellaneous items. (more…)

Matt Templeton of Keller Williams Urban Dallas regularly educates Realtors on how to make the most of the current market. (Courtesy Photo)

By Matthew Templeton
Managing Principal
KW Urban Dallas

It feels like there have been fundamental shifts in the real estate industry within the last few months. Technology is the buzz word, money is being thrown around, and CEOs of just about every top real estate-related company are out. The last few weeks’ news sums up that feeling.

September 2018: Compass closes another funding round for $400 million — money used to build more software and buy more agents.

And then …

February: Rich Barton (billionaire co-founder of Expedia and Zillow) takes the reins from Spencer Rascoff, who was CEO at Zillow for nine years.

February: Keller Williams rolls out the first artificial intelligence and data-driven platform in the real estate industry — others have been clamoring to follow

February: RE/MAX says [sic] “Our amazing technology is coming, and it will be best in class,” and makes a technology acquisition, Booj.

Last Week: Data-driven Opendoor will now show listings from rival brokerages and offer Redfin-like rebates.

Last Week: NTREIS Board holds a vote on whether to sell greater data access to Zillow. April will be a reckoning month for North Texas Realtors and their data.

We’ve moved into a new real estate era that is faster paced and increasingly powered by technology and data — more than ever before. But there’s something else afoot. It’s eerily similar to what happened with the dot-com bust. Real estate technology companies are flush with capital — in fact, 2018 was a banner year for real estate technology investment.

And yet many of the top “technology” or “platform” companies in the industry are not profitable.

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Amazon

(Photos courtesy Flickr)

As word got out that Amazon may pull out of its’ planned halfquarters in New York, every single city that had a shot is discussing the potential that the virtual big box store will eventually turn its sights to one of the jilted — Dallas included.

Let’s review: In November, after nearly a year of being courted by nearly every city in the country, Amazon flipped the script and decided to divide its second headquarters site between two cities – Long Island City, New York, and Crystal City, Virginia.

But nearly immediately, many New Yorkers began voicing their resistance to the idea, saying they worried that Amazon would push up prices and rents in the neighborhood, and force existing residents out. They also criticized the incentives offered to the retail giant.

As resistance grew, The Washington Post reported Friday that Amazon was potentially thinking of walking back its plans for the New York site. (more…)

The Allwood Bella Tiny Home – Available through Amazon.com. Photo: Amazon.com

Just when you think you have your life under control, things change. After attending the Les Dames d’Escoffier International Conference in Seattle last week, this Lifestylist® realized that lifestyles and trends are changing faster than I thought. Being in the city where Amazon morphed from a dream to a company that has changed the way we shop made me realize that there are very few things that you can’t buy on their site. They even have Amazon Go stores that allow you to stop in and pick up a sandwich or a drink through their app and you never have to show a credit card or cash. Now you can buy luxury appliances, a tiny home and almost everything you need to furnish the home you just bought with a click of your mouse.

Amazon debuts one of it’s first Amazon Go shops in downtown Seattle. Photo: Lisa Stewart Photography

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Amazon’s announcement that it would hike its minimum wage to $15 company-wide came on the heels of a Dallas-related announcement (no, not THAT one) last week that will add about 1,500 new jobs in west Dallas (photo courtesy Flickr).

Wednesday, Amazon announced that it would adopt a $15 minimum wage company-wide, and the news couldn’t have been more welcome for Dallas city councilman Omar Narvaez, who had a prime Amazon announcement of his own last week.

“Breaking District 6 News,” he wrote on Facebook. “Thank you to my colleagues for unanimously approving the following economic development deal for D6.”

That deal? A new Amazon distribution warehouse at Chalk Hill Road and I-30, bringing 1,500 full-time jobs to the area. (more…)

The Standard’s COO Logan Nichols (left) and founder Zach De Bernardi hope partnering with Amazon will help grow their firm’s brand.

The Standard Real Estate announced a new partnership with Amazon to create a custom digital store. Under the setup, clients will have new options for purchasing home necessities and furniture.

“We are focusing on making the best of technology and being forward thinking,” founder and chief executive officer Zach De Bernardi said. “Amazon is everywhere so it makes sense for us to try and work with one of the bigger brands. It’s just one more added benefit that we can use to help our clients.”

De Bernardi said he was inspired after seeing similar programs implemented at two New York boutique real estate firms. He believes that partnering with Amazon will help build his company’s brand and help its agents better serve clients.

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