Trending Articles

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Secondary mortgage market adjusts to higher-for-longer rates 

Housing Wire

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. In early November, 30-year fixed mortgage rates began a nosedive, declining from near 8% to below 7% in a matter of months before once again starting to rise at the start of 2024.

Mortgages 419
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Zillow offering 7-day ‘touring agreement’ for agents

Real Estate News

The NAR settlement does not address home search portals, but Zillow wants to make it easier for buyers to try out an agent in a way that aligns with new rules.

Agents 313
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Home prices post largest gain in more than a year: S&P 

Housing Wire

Home prices were near an all-time high in February. The S&P CoreLogic Case-Shiller U.S. National Home Price Index posted a 6.4% annual gain in February, up from a 6% gain in January, according to the newest report released Tuesday. It was the largest annualized increase recorded since November 2022. On an annual basis, the 10-city composite index grew by 8%, up from 7.4% the previous month.

Sales 479
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What Is Going on with Mortgage Rates?

Keeping Current Matters

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected.

Mortgages 231
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Inaugural class of Inman Future Leaders in Real Estate revealed

Inman

The class of 45 honorees represents the real estate industry's brightest achievers under the age of 40. Future Leaders is the latest addition to Inman’s growing industry-leading awards program.

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Navigating the Housing Market: A Seasonal Perspective

NAR: Economic Outlook

Navigating the Housing Market: A Seasonal Perspective Seasonality refers to predictable changes in data that correlate with certain times of the year; understanding it will help us anticipate trends.

Marketing 133

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KW CEO on emerging from the wilderness, looking to the future

Real Estate News

Mark Willis returned to Keller Williams after a 7-year hiatus, and he’s ready to lead in a new way. “It’s not about proving myself. It’s about impact.

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What More Listings Mean When You Sell Your House

Keeping Current Matters

The number of homes for sale is playing a big role in today’s housing market.

Sales 238
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Largest minority and women-owned brokerage in US joins Real

Inman

The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023.

Brokerage 190
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Energy Efficient Home Improvements Worth Doing

RIS Media

In today’s eco-conscious environment, energy efficiency isn’t just a buzzword—it’s a property’s standout feature. As a real estate agent, I witness first-hand how homeowners and buyers prioritize sustainability, driving demand for green improvements. This shift isn’t just ethical; it’s economical. Investments in energy-efficient home improvements, such as window replacements, insulation upgrades, solar panels and Energy… The post Energy Efficient Home Im

Agents 142
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Zillow believes the evolution of the industry will only help it grow

Housing Wire

In light of the jury verdict in the Sitzer/Burnett suit and the terms of the National Association of Realtor’s nationwide settlement agreement of the commission lawsuits , several prominent industry analysts believe Zillow will struggle with its financial performance. On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential.

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HomeServices faces new buy-side commissions suit in Florida

Real Estate News

The filing comes just days after the company settled similar cases brought by sellers. The firm maintains its practices were “lawful and procompetitive.

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Now’s a Great Time To Sell Your House

Keeping Current Matters

Thinking about selling your house?

Mortgages 270
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Underperforming agents are getting a real estate reality check

Inman

As the commission landscape changes, Side's Hilary Saunders writes, it's time for agents, teams and brokerages to look at the ways this will improve the industry's reputation.

Agents 195
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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HomeServices Hit by New Buyer Suit Days After Seller Settlement

RIS Media

HomeServices of America, after paying $250 million to settle seller suits and being dropped from the largest buyer suit, for a few short days was maybe the only large real estate company not directly facing commission litigation. That changed Monday, when lawyers behind the largest buyer suit (known as Batton) re-filed their accusations in a… The post HomeServices Hit by New Buyer Suit Days After Seller Settlement appeared first on RISMedia.

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Spring housing market gets more inventory

Housing Wire

Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data should grow between 11,000-17,000 per week. Last year, we never hit that target. We have now seen it for two weeks as inventory grew by 13,247. Weekly housing inventory data We’ve now had back-to-back weeks of healthy housing inventory growth and spring 2024 is much healthier than spring 2023

Marketing 504
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Dallas agent breaks his own world record for home sales

Real Estate News

Ben Caballero isn’t slowing down. After landing in the Guinness book three times in his 62-year real estate career, he has achieved a new record.

Sales 261
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The Perks of Buying over Renting

Keeping Current Matters

Thinking about buying a home?

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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Bad at math? Let David Childers illuminate the latest data

Inman

Keeping Current Matters CEO David Childers and Jimmy Burgess discuss why a relevant market opinion based on facts, not fears, is key for educating consumers and navigating industry changes.

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The RE/MAX® Competitive Edge: An Unstoppable Network

RIS Media

Spotlights were shining down onstage, but it was Quintavius Burdette who lit up the arena during the opening session of the 2024 RE/MAX R4® convention, the brand’s annual global event known for its education and networking opportunities. Since the former Division I college football player began his career with RE/MAX® five years ago, he’s closed… The post The RE/MAX® Competitive Edge: An Unstoppable Network appeared first on RISMedia.

Closing 122
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HomeServices makes $250 million deal to settle commissions lawsuits

Real Estate News

The last defendant standing in the Sitzer/Burnett case reaches a whopping settlement that will protect its 70,000 agents plus brands and franchises.

Branding 275
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Buyer’s Agent: What Do They Do and How Much Are The Fees

Maximum Exposure Real Estate

Are you wondering what a buyer’s agent is and why you should have one? You are probably thinking, do I need a buyer’s agent? Many consumers wonder why they should have a representative when purchasing a home. They wonder whether there will be any value. From my years of experience as a Realtor, I know […] The post Buyer’s Agent: What Do They Do and How Much Are The Fees appeared first on Maximum Real Estate Exposure.

Agents 125
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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NAR clarifies when a buyer contract will be required under settlement

Inman

In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms.

Agents 176
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Why Seattle becoming the next Detroit might not be the worst thing

Seattle Times Real Estate

The challenges confronting Martin Selig, Seattle's most prolific downtown developer, are a sign of how far the city must go in recovering from the pandemic.

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Agencies aim to standardize ‘first-generation homebuyer mortgage’ definition

Housing Wire

As more housing and mortgage authorities seek to expand the scope of homeownership to those who have never purchased a home before, the government-sponsored enterprises (GSEs) and the Federal Housing Finance Agency (FHFA) are taking a step to more narrowly define the term “first-generation homebuyer mortgage,” according to a bulletin released on Wednesday by Freddie Mac.

Mortgages 421
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eXp hopes to stem agent losses with rev share updates

Real Estate News

During an earnings call, Glenn Sanford said he wants to help agents “in the middle,” while noting that revenue was up and touching on the commissions lawsuits.

Agents 217
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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

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Lawler: Update on Mortgage Rates and Spreads and also New / Renewal Rents

Calculated Risk Real Estate

From housing economist Tom Lawler: Update on Mortgage Rates and Spreads While US Treasury and mortgage rates increased in the first quarter of 2024 from the surprisingly low year-end levels of last year purportedly precipitated by the perceived Powell pivot, the rise in yields was surprisingly “orderly.” Indeed, last quarter both realized and implied interest rate volatility measures declined to levels not seen for some time.

Mortgages 106
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12 factors that convince a buyer to pay a full-service commission

Inman

Expressing your value to clients begins with knowing yourself, writes mega-team leader Carl Medford. You cannot articulate what you have never taken the time to determine on your own.

MLS 184
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FHFA Finalizes New Fair Lending Rules

RIS Media

The Federal Housing Finance Agency (FHFA) has announced its finalized Fair Lending, Fair Housing, and Equitable Housing Finance Plans to address barriers to sustainable housing opportunities. In a release, the National Association of REALTORS® (NAR) praised FHFA’s efforts to codify existing practices and programs. The new plans show a sustained commitment to remove obstacles to… The post FHFA Finalizes New Fair Lending Rules appeared first on RISMedia.

Lending 128
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Stronghill Capital shuts down consumer, correspondent lending

Housing Wire

Small-balance commercial lender Stronghill Capital shut down its nascent consumer and correspondent lending businesses late last week. The Austin, Texas-based lender will continue offering small-balance commercial and business purpose debt service coverage ratio (DSCR) loans to its clients, CEO John Eisinger told HousingWire Monday morning. He cited a difficult market and elevated rates as reasons for shutting down correspondent and consumer lending businesses , which were added in 2022.

Lending 458
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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.