Thu.Jan 11, 2024

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4 Digital Tools to Sustain Productivity Through 2024

RIS Media

It is a new year, the time when many people feel they are at their most productive—emerging from the holidays rested (hopefully) and with fresh goals and resolutions to follow. But those good vibes rarely last more than a few months, or a few weeks if you’re really dedicated. What do you rely on to… The post 4 Digital Tools to Sustain Productivity Through 2024 appeared first on RISMedia.

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Inflation data still pointing toward rate cuts in 2024

Housing Wire

Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data , increasing a few basis points early. It’s now at 3.98% , a far cry from 5.04% as we saw last year. This, while jobless claims data is still historically low. As I have stressed time and time again, when the market believes the Federal Reserve is done hiking rates, the markets make a big move lower with the 10-year yield and mortgage r

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Small Town, USA best for first-time buyers

Real Estate News

Realtor.com ranked the top spots for younger buyers and found that smaller towns scattered across the Northeast and Midwest hold the most potential.

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Jason Haber contemplates a NAR alternative

Housing Wire

In the lead up to the Sitzer/Burnett real estate commission trial , the National Association of Realtors expected to prevail. “I am feeling cautiously optimistic and that is because I think that we will, in terms of the litigation, be able to convince a panel of jurors who are consumers that the way that the transaction has typically taken place in America, for 100 years, is the way it is because it makes the best sense for the buyers and sellers alike,” Katie Johnson, NAR’s chief legal counsel,

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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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The Dramatic Impact of Homeownership on Net Worth

Keeping Current Matters

If you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to make your decision.

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Here’s why we’ll see more affiliated arrangements being built in 2024

Housing Wire

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue. One potential stream that quickly comes to mind is the potential of capturing title and closing business.

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Radian Group announces strategic investment in FinLocker 

Housing Wire

Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. FinLocker – which has more than 40,000 registered consumers and is led by former Fannie Mae executive Henry Cason – is focused on helping the consumer get to a place of financial readiness for home buying.

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Some positive signs for mortgages, but are rate cuts at risk?

Real Estate News

Mortgage applications jumped nearly 10% as rates hold fairly steady, but higher-than-expected inflation numbers could spoil the party.

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Second copycat commission lawsuit filed against REBNY

Housing Wire

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. Like the March suit , filed in early November, just days after a Missouri jury found the National Association of Realtors , Keller Williams , and HomeServices of America liable for colluding to artificially inflate real estate agent commissions, the Friedman suit, named after its lead plaintiff, takes aim at REBNY and several local and national brokerage firms.

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New president focused on ‘furthering the business’ of NAR

Real Estate News

Kevin Sears stepped into the leadership role earlier this week, and in his first public message, shared his priorities for the association.

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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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Mortgage rates inched up ahead of inflation reading

Housing Wire

Mortgage rates ticked up this week as the 10-year Treasury yield made its way back above 4%. The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, a slight increase from last week’s 6.62%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixed-rate mortgage averaged 5.87% this week, down from 5.89% the prior week.

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Colorado’s largest MLS makes 4-state data-share deal

Real Estate News

REcolorado has signed agreements with regional MLSs in Georgia, Florida, California and Kansas, increasing listings access for agents.

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Ginnie Mae fires back over RMF lending suit, seeks case dismissal

Housing Wire

After a long period of silence and extensions granted by the U.S. District Court for the Northern District of Texas , Ginnie Mae has filed its response to a lawsuit brought against it by Texas Capital Bank (TCB) saying the warehouse lender lacks standing and discounts the authority the government has to extinguish a lender from its reverse mortgage-backed securities program.

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Latest homeseller suits in Arizona, New York target commission rules

Inman

Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers.

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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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Meet Kevin Sears, NAR’s latest president

Housing Wire

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. The saga of NAR’s revolving door of presidents began in late August 2023 when the New York Times published an exposé revealing what it called a “culture of fear” and widespread sexual harassment at the trade group.

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Jump in key inflation gauge may delay mortgage rate relief

Inman

Futures markets still hold out hope for a March rate cut, even as annual inflation increased to 3.4 percent in December, moving away from the Fed's 2 percent goal for the first time since September.

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Over 60% of seniors haven’t used professional help for retirement planning: AARP

Housing Wire

Just over 60% of U.S. seniors at or over the age of 50 have not sought out professional retirement planning advice, despite data indicating a general lack of retirement preparedness among the older population according to a survey published this month by AARP and conducted by the National Opinion Research Center (NORC) at the University of Chicago. Using a sample size of about 1,000 U.S. adults, the survey found that roughly 621 respondents have never “used a financial professional to help plan

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Declining mortgage rates bring new-year market thaw: Redfin

Inman

The mortgage lock-in effect that plunged the 2023 housing market into a deep freeze has finally started to thaw, according to a new Redfin market report published on Thursday.

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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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CoreLogic unveils new solution to bolster security for MLSs

Housing Wire

CoreLogic has debuted a new security solution for multiple listing services designed to reduce the risk of cybersecurity threats. Called Clareity Assure, the new, upgraded security platform is available to any MLS concerned about vulnerabilities in its listing data. Clareity Assure is powered by artificial intelligence and its functionalities feature adaptive authentication processes.

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Post-Sitzer, the opinion of 8 people doesn’t diminish agent value

Inman

According to coach Darryl Davis, the opinion of eight people doesn't prove anything about the reality of our industry. By staying positive, keeping perspective and being proactive, real estate agents can continue to demonstrate their worth.

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How to get a real estate license in California (CA) in 6 steps

Housing Wire

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Getting your real estate license in California can take as little as 7.5 weeks. We’ll show you how to get a real estate agent in California, taking you through the process step-by-step. We’ll provide all the information and prerequisites you’ll need to get started.

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Creative ways to forge community connections that pay dividends

Inman

Join the conversation on Inman Access this week as we dive into the art of forging authentic connections within your community and lasting relationships that go beyond transactions.

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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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December inflation reading comes in stronger than expected

Housing Wire

Inflation edged up by 30 basis points between November and December, highlighting the difficulty of bringing consumer prices down to the target goal. Inflation is one of the key economic metrics that the Federal Reserve is monitoring as it plans for interest rate cuts later this year. Consumer prices were up 3.4% in December from a year earlier, up from 3.1% in November, according to data released by the Bureau of Labor Statistics on Thursday.

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Queens is poised to unseat Brooklyn as hottest NYC borough

Inman

A new report from StreetEasy suggests that the World's Borough will be crowned the hottest borough in New York City after a stellar 2023.

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The Best Methods For Choosing a REALTOR®

RIS Media

Buying or selling a home is a significant financial and emotional undertaking. Choosing the right real estate agent can significantly impact the outcome. A systematic approach is essential when choosing a REALTOR® with numerous agents available. We will examine the best methods for picking a real estate agent, drawing insights from expert advice and exploring… The post The Best Methods For Choosing a REALTOR® appeared first on RISMedia.

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Midcentury modern gem in Palm Springs hits market for first time

Inman

The 1958-built property designed by architect Hugh Kaptur and later renovated by architect Albert Frey is hitting the market for the first time since its completion at $8.75 million.

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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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Real Estate Red Flags That Could Be Hidden When Buying a House

Maximum Exposure Real Estate

Knowing things about your home that will send potential buyers running is essential as a seller. These red flags may prevent you from selling your house, leaving your property on the market for far too long and possibly resulting in a substantial loss of money if a sale occurs. Many of these Real Estate issues […] The post Real Estate Red Flags That Could Be Hidden When Buying a House appeared first on Maximum Real Estate Exposure.

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Forget false urgency. Master setting a strategic tempo

Inman

Combating false urgency is a strategic imperative, writes Nikki Beauchamp. By prioritizing ruthlessly and leaning into the things that really matter, you'll save time and avoid burnout.

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Interest Rates Will Remain High, According to NY Fed President

RIS Media

Interest rates will remain high for “some time,” according to recent comments made by New York Federal Reserve President John Williams. “I expect that we will need to maintain a restrictive stance of policy for some time to fully achieve our goals,” said Williams. “It will only be appropriate to dial back the degree of… The post Interest Rates Will Remain High, According to NY Fed President appeared first on RISMedia.

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Richard Robbins is championing a new era of real estate excellence

Inman

In his latest Snapshot, Brandon Doyle talks to Canadian coach Richard Robbins about personal transformation and meaningful mindset shifts.

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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.