Fri.May 12, 2023

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4 Proven Strategies for Finding Off-Market Inventory

RIS Media

When there is a high demand for buyers in a low inventory market, learning to find and create off-market listings can set you apart from other agencies. “Off-market listings” or “quiet listings” are homes that are for sale but aren’t listed on multiple listing services (MLS). My team and I have found certain tactics to… The post 4 Proven Strategies for Finding Off-Market Inventory appeared first on RISMedia.

Marketing 103
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Home Point, soon to be defunct, delivers $28M loss in Q1

Housing Wire

Home Point Capital reported another quarterly loss on Friday morning, just two days after announcing that it is being sold to Mr. Cooper Group for $324 million in cash. The transaction will result in the company shutting down in the coming months. In the first quarter, Home Point’s origination and servicing businesses were in the red amid declining production volumes and a negative change in the fair value of its mortgage servicing rights (MSR).

Principal 375
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Get ready, say MLS leaders — change is coming

Real Estate News

CEOs from five of the country's largest MLSs discussed the challenges (and progress) in making MLS organizations more efficient and collaborative.

MLS 250
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Compass to launch network aimed at relocating medical professionals

Inman

Moving Medicine Partners will launch as a national network of agents later this month with St. Louis relocation specialist Zoe Cangas leading the new initiative, Inman has learned exclusively.

Agents 164
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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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KW sales volume down by nearly a third, but global numbers are up

Real Estate News

Keller Williams saw overall declines in transactions and sales volume in Q1, but closed $4 billion worth of deals outside of the U.S. and Canada.

Sales 250
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The agent’s guide to testimonials and reviews

Inman

Word of mouth (the digital kind) comes from online feedback in the form of reviews and testimonials. Find out how to gather and use good words from your past clients to attract your next ones.

Agents 161

More Trending

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Consumers finally get it: Mortgage rates are probably going down

Inman

A more optimistic outlook of where mortgage rates are headed drives the largest increase in Fannie Mae's Home Purchase Sentiment Index in more than two years.

Mortgages 164
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4 Things to Research Before Buying a House

RIS Media

When searching for your next home, you are likely focused on the location, the number of bedrooms, the features, and more. But what you might not be thinking about is the property history. Even if the home fits your requirements and the price is right, the home could be hiding a checkered past. Finding out… The post 4 Things to Research Before Buying a House appeared first on RISMedia.

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Keller Williams’ global footprint soars as domestic sales slide 27%

Inman

Continued market volatility pushed Keller Williams' first-quarter U.S. and Canadian transaction sides down 27.1 percent annually. Meanwhile, its KW Worldwide operations soared with double-digit growth, according to its Q1 earnings report.

Sales 152
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Lending Standards Tighten for Residential and Commercial Real Estate Loans in Q1 2023

Eye on Housing

According to the Federal Reserve Board’s April 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the first quarter of 2023—banks reported that lending standards tightened for most residential real estate (RRE) and commercial real estate (CRE) loan categories. Demand for RRE and CRE loans weakened across all categories over the quarter.

Lending 118
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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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NAR votes to require fair housing training for all 1.5M Realtors

Inman

Members will be required to complete two hours of fair housing training every three years beginning in 2025 following a vote Thursday by the National Association of Realtors' board of directors.

MLS 149
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The Art of Listening: How It Can Change Your Life

RIS Media

How well do you listen? What are the motivations and expectations of your clients and audiences? Early in my life I learned to listen. It started at the kitchen table with my father, a rising star executive with Xerox. I remember the stories he would tell us after attending Xerox training programs in Lynchburg, Virginia,… The post The Art of Listening: How It Can Change Your Life appeared first on RISMedia.

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Spring market falls short, but low inventory is driving up competition

Inman

New listings were down 19 percent during the four-week period ending May 7, while pending home sales were down 16 percent, according to a new report from Redfin

Marketing 153
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Ask the Newsmakers: Tried-and-True Tech Tools

RIS Media

It seems like every day there’s a new piece of technology that claims to “revolutionize” real estate. Even if that promise falls short, these innovations can still be useful for conducting and building your business. At the same time, you shouldn’t rely on technology alone. To that end, we asked a few of our 2023… The post Ask the Newsmakers: Tried-and-True Tech Tools appeared first on RISMedia.

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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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Help first-time buyers (and their pets) find a fur-ever home

Inman

Increases in pet ownership mean that many of your buyers are focusing on providing the right type of home environment for their fur-babies.

Agents 157
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Mortgage Mix: FHFA Drops Controversial Rule; LoanDepot Stock Jumps

RIS Media

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -After intense pushback from the industry and the general public, the Federal Housing Finance Agency (FHFA) rescinded a planned rule that would recalculate mortgages based on credit score, which was intended to subsidize higher-risk borrowers.… The post Mortgage Mix: FHFA Drops Controversial Rule; LoanDepot Stock Jumps appeared first on RISMe

Mortgages 107
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10 things that are killing deals in 2023 (and how to avoid them)

Inman

This market will be another badge of honor we can add to our resume, and will position us to be the best possible advisors to clients and prospects.

Marketing 150
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RISMedia’s 2023 Real Estate Newsmakers: Meet the Luminaries

RIS Media

In February, RISMedia named more than 300 real estate professionals as 2023 Real Estate Newsmakers. Each of these individuals—separated into six categories—was either nominated by you, the RISMedia reader, or chosen by our editors. RISMedia Newsmakers also made newsworthy contributions within their own communities or the industry as a whole and have dedicated their lives… The post RISMedia’s 2023 Real Estate Newsmakers: Meet the Luminaries appeared first on RISMedia.

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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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Take care of your money and it’ll take care of you: The Download

Inman

Each week on The Download, Inman’s Christy Murdock takes a deeper look at the top-read stories of the week to give you what you’ll need to meet Monday head-on. This week: NAR's membership fee hike and balancing your budget.

Brokerage 135
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LeadingRE Adds CB4C to Solutions Group Program

RIS Media

Leading Real Estate Companies of the World® announced its inclusion of CB4C to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. CB4C is a cash flow solutions company, using proprietary technology that creates a less than 15 minutes agent experience. “We are excited to partner… The post LeadingRE Adds CB4C to Solutions Group Program appeared first on RISMedia.

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Busy mom agents want these 5 things for Mother’s Day

Inman

Real estate moms don’t want flowers, cards or candy this year. Here are five things that are guaranteed to be on their wish list.

Agents 150
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How to Fortify the Client Connection to Future-Proof Your Business

RIS Media

In today’s competitive and rapidly evolving landscape, building strong client relationships is essential for the long-term success of your real estate business. Creating a client-centric approach to business, developing effective communication strategies and utilizing the right technology will help streamline communication for your agents and clients, resulting in better business for your brokerage.

Brokerage 102
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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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Encompass users gain access to title data with Flueid integration

Inman

ICE Mortgage Technology's popular loan origination system connected to Flueid Decision for underwriter-backed title clearance decisions on properties.

Title 133
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The Power Broker Interview: Why Rick Haase Says His Team’s Commitment and Support ‘Is Like Nothing I’ve Seen’

RIS Media

Editor’s Note: RISMedia recently released its 2023 Top 1,000 Power Brokers, exclusively for RISMedia Premier Members. In this special interview series, we talk to some of our top-ranking brokers to garner their insights and strategies for sustaining their firms’ success. For more information, click here. Whether his firm is navigating the highest market surges, softer,… The post The Power Broker Interview: Why Rick Haase Says His Team’s Commitment and Support ‘Is Like Nothing I’ve S

Marketing 102
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A recession is looming. How will it affect real estate?

Inman

The bad news is that a recession is on the horizon. The good news? People will move anyway, driven by a host of other factors.

Agents 146
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We Want Your Help! Time Almost Up to Participate in RISMedia Contract and Commission Survey

RIS Media

For the second year in a row, RISMedia is diving deep into a topic that is rarely analyzed, and has become an especially urgent conversation in the industry: compensation. Covering everything from desk fees to splits and caps, RISMedia’s study of industry contracts and commissions is about to close—but it isn’t too late to be… The post We Want Your Help!

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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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Built by 3 MLSs, search portal Nestfully should have considered a 4th: Tech Review

Inman

Nestfully is a home search portal built by CRMLS, REcolorado and BrightMLS to help agents market homes and consumers find them.

Agents 138
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Creating a More Equitable and Diverse Industry

RIS Media

Committed to empowering women and minorities in the real estate industry through education, mentorship and advocacy, Ige Johnson—founder, president and CEO of the Ige Johnson Group at eXp Realty—is pushing the bounds to make the real estate industry better for everyone. In this exclusive interview, Johnson talks candidly about what drew her to real estate,… The post Creating a More Equitable and Diverse Industry appeared first on RISMedia.

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7 time-sucking activities real estate agents can’t quit

Inman

Tackle these common time sucks head-on and implement effective strategies to streamline your day-to-day tasks.

Agents 145
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Fathom Offsets Transaction Decline With Agent Recruitment and Expense Reduction

RIS Media

Fathom Holdings, parent company of Fathom Realty, released its earnings report for the first quarter of 2023 on May 10, 2023. In keeping with overall real estate market trends and other large brokerage brands, Fathom reported a year-over-year decline in revenue. However, Fathom experienced a lower-than-average decline in transaction number and expanded its agent head… The post Fathom Offsets Transaction Decline With Agent Recruitment and Expense Reduction appeared first on RISMedia.

Agents 98
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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.