Tue.Nov 21, 2023

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Are There Actually More Homes for Sale Right Now?

Keeping Current Matters

If you’re looking to make a move, you want to be sure you have the latest information on the housing market.

Sales 252
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6 ways real estate agents can use AI to become the ultimate authority

Housing Wire

You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your secret sauce to becoming the ultimate authority in the real estate world. In this article, we’re going to dive into the incredible ways AI can skyrocket your authority and set you apart from the competition.

Agents 458
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Hack at nation’s largest title company stalls closings

Real Estate News

Fidelity National Financial, parent company of Chicago Title and more, is blocking access to title and escrow services while it investigates a security breach.

Title 353
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Building a fairer financial future with rent payment reporting

Housing Wire

California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their tenants the option to have their rental payments reported to credit bureaus. For the past two years since the law went into effect, residents of these housing developments have had the opportunity to opt into rent reporting annually.

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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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Homes.com fires back over traffic claims, buyer agency and trust

Real Estate News

Dave Mele, president of Homes.com, previewed his company’s monetization plans and responded to criticisms and allegations from competitors.

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Rocket TPO announces a 25 bps credit on non-owner-occupied agency loans 

Housing Wire

Rocket Pro TPO , the wholesale arm of Rocket Mortgage , announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes. The announcement, made via social media by Mike Fawaz, executive vice president at Rocket Pro TPO, states that for new locks as of Nov. 20, brokers will see a credit of 25 basis points for non-owner-occupied agency loans.

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More Trending

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CMG Financial adds Shamrock’s $300M-plus origination team

Housing Wire

California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England. That’s not the first addition to CMG this year. In March, the company struck a deal to acquire Homebridge Financial Services ‘s retail division to grow its retail lending business footprint.

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Mortgage groups urge FHA to ditch ‘life of loan’ premium payments

Inman

Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands.

Loans 190
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Existing-home sales have nowhere to go but up in 2024? 

Housing Wire

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. Existing-home sales dropped 4.1% in October from the prior month , reaching a seasonally adjusted annual rate of 3.79 million, according to the N ational Association of Realtors. Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 million.

Sales 410
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Existing-home sales fall to 13-year low despite strong buyer demand

Inman

Existing sales fell 4.1 percent in October to an annual rate of 3.79 million, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said.

Sales 187
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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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HousingWire Magazine: October/November 2023

Housing Wire

HousingWire Editor in Chief Sarah Wheeler and Brena Nath, director of HW+ and events at HousingWire. On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. Having referred to this phrase for over 10 years, the explanation we’ve used is as adaptable and forward thinking as the saying is supposed to be.

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Technology is key to helping landlords attract college students

Inman

RentRedi CEO Ryan Barone writes that from smart home enhancements to mobile-friendly tech service that streamlines the rental process, technology is the key to helping college-town landlords thrive in today's market.

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Attom appoints new chairman of the board

Housing Wire

Attom Data Solutions has appointed Ned Stringham to the role of chairman of the board. His addition expands the board to six members. The property data provider also promoted Ana Flor and Kara Taylor to the positions of chief people officer and chief marketing officer, respectively. Before the promotions, Flor was the executive vice president of people and Taylor served as executive vice president of marketing.

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Agents choose lively culture over cutting edge technology: Triple-I

Inman

Thirty percent of real estate agents and 55 percent of mortgage and real estate broker-owners agree that culture is the factor that sets a company apart from the rest, according to the October 2023 Inman Intel Index results.

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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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HousingWire Magazine: October/November Supplement

Housing Wire

Jessica Davis, content editor, HousingWire Content Studio. Perhaps the only predictable thing about the mortgage industry is its unpredictability. We all know the market is cyclical, but no one enjoys seeing the downside, and this year has been a difficult one. Rates have been high, inventory has been low and purchase applications have been down. As a result, the market has been slower, with continued layoffs and some lenders exiting the game.

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Curbio accused of targeting elderly homeowners in new fraud suit

Inman

Curbio "strongly" denied claims on Monday by Washington, D.C.'s attorney general that the pre-sale renovation startup violated consumer protection laws through "deception, intimidation and fraud.

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Realty ONE Group Collabs with RPR®

RIS Media

Realty ONE Group has enrolled nationally in RPR®’s Broker Tools program. This strategic move will allow Realty ONE Group’s powerful brand to be featured across RPR®, including its website, mobile application and suite of reports for buyers, sellers and prospects. Help your agents grow their business with tech resources Help your agents stay ahead of… The post Realty ONE Group Collabs with RPR® appeared first on RISMedia.

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How to maximize short-term rental returns with proptech

Inman

Property management software enhances operations and saves time and money for agents, property owners and short-term rental guests. Victoria Kennedy, CEO of Atman Real Estate, shares strategies for assessing your tech.

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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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BHHS Expands Arizona Properties Network

RIS Media

Berkshire Hathaway HomeServices Arizona Properties has announced that The Cutting Edge Team—one of Central Arizona’s top selling residential real estate teams—has joined their network. Composed of Jinger Cutting, Henry Reyes and Jessica Oberan, the team has over $20 million in sales volume and 40 plus years of experience in the Prescott area. “Being in the… The post BHHS Expands Arizona Properties Network appeared first on RISMedia.

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Avenue 8 unveils Sidekick, an AI assistant built with speed in mind

Inman

The spartan, amenity rich AI assistant is currently available to the 3-year-old brokerage's 400 agents with plans to offer the tool to outsiders before the end of 2023, executives told Inman.

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Blooming Business Mentality Spurs Real Estate Success

RIS Media

Crystal Mills, a real estate consultant with Choose Boston, has leveraged her creative passions into both her real estate career and her flourishing small business. Apart from being a trusted expert for those looking to buy, sell and invest, Mills is the owner of South Boston-based Love Child—the first flower and bottle shop of its… The post Blooming Business Mentality Spurs Real Estate Success appeared first on RISMedia.

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Toronto listing that offers to share a queen-size bed raises eyebrows

Inman

A listing posted to Facebook seeks an "easy going female" roommate and advertises half of a queen-size bed in a Toronto condo for $900 CAD per month.

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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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Real Estate Webmasters Launches 12 Days of Christmas Promo

RIS Media

Real Estate Webmasters (REW) has announced the launch of its 12 Days of Christmas promo, running until December 23, 2023. The offer provides an opportunity to get expenses in before the year ends, upgrade current tools and boost online presence for 2024, the company says. The 12 Days of Christmas promo is tailored to provide… The post Real Estate Webmasters Launches 12 Days of Christmas Promo appeared first on RISMedia.

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Canadian officials looking for ways to decrease the number of Airbnbs

Inman

Under pressure to add more housing supply, officials say they're looking at ways to decrease the number of short-term rentals in the country.

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Bess Freedman to Lead Panel on 2024 Success Strategies at RISMedia’s 2024 Rocking in the New Year

RIS Media

RISMedia is excited to announce that Bess Freedman, CEO of Brown Harris Stevens, will be heading up an industry-leading panel of real estate experts at the 2024 Real Estate’s Rocking in the New Year, the company’s fourth-annual all-virtual conference to be broadcast live on Jan. 11, 2024. Click here to register! Freedmen’s panel, The 5… The post Bess Freedman to Lead Panel on 2024 Success Strategies at RISMedia’s 2024 Rocking in the New Year appeared first on RISMedia.

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Playing the long game with effective lead nurturing

Inman

Post-pandemic real estate isn’t easy, according to Florida team leader Marcus Larrea. Here’s how to make sure you’re capturing as much business as possible.

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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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Expanding Your Business: Growth Strategies and the MLS

RIS Media

As brokerages navigate the evolving landscape and move toward their strategic goals, leveraging services offered by the MLS becomes mission critical. For those looking to expand their footprint and grow into new markets, it’s important to understand how the MLS fits into the mix—and how the services offered by MLSs can save them money while… The post Expanding Your Business: Growth Strategies and the MLS appeared first on RISMedia.

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Existing Home Sales Slide to a New 13-Year Low Amid High Mortgage Rates

Eye on Housing

Existing home sales in October fell to the lowest level since August 2010, as limited inventory and higher mortgage rates continued to weigh on homebuyers, according to the National Association of Realtors (NAR). Low resale inventory and strong demand continued to drive up existing home prices, marking the fourth consecutive month of year-over-year median sales price increase.

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REALTORS® Insurance Place Takes the Stress Out of Navigating Healthcare Options During Open Enrollment Periods

RIS Media

With Medicare open enrollment now underway (Oct. 15 – Dec. 7, 2023) and Major Medical Open Enrollment beginning (Nov. 1 – Jan. 15, 2024),* REALTORS® have a new opportunity to choose an insurance plan that best suits their needs. However, navigating the complex health insurance market can be especially challenging for the self-employed. Fortunately, REALTORS®… The post REALTORS® Insurance Place Takes the Stress Out of Navigating Healthcare Options During Open Enrollment Periods

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Extra fees drive assisted-living profits

Seattle Times Real Estate

Assisted-lving centers add on many extra charges for residents with some facilities raking in profit margins of 23%. As prices soar, the housing option is out of reach for many families.

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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.