Fri.Aug 18, 2023

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Just 36 real estate brokerages and teams made the Inc. 5000 in 2023

Housing Wire

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Magazine ’s 5000 list for 2023, a ranking of the fastest-growing companies in the U.S. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023.

Brokerage 370
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Former Zillow CEO unveils latest venture: an AI-powered, lead-gen assistant

Real Estate News

Serial entrepreneur Spencer Rascoff predicts real estate agents will be “one of the biggest verticals” that will use HeyLibby to turn contacts into customers.

Agents 243
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Home pricing rules: don’t go if you don’t know

Housing Wire

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Not prequalifying is unprofessional and can waste your time and the sellers. Always prequalify, 100% of the time! Price it to sell, not to sit. The best price reduction conversation is the one you never have to have.

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Mortgage company, brokerage fined nearly $2 million for “kickbacks”

Real Estate News

The Consumer Financial Protection Bureau fined Freedom Mortgage $1.75 million and Realty Connect $200,000 for providing illegal incentives for loan referrals.

Brokerage 233
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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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Thousands of government-backed mortgages impacted by Maui fire

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) this week announced a package of regulatory and administrative waivers that will allow the use of HUD funding to assist with the recovery of Maui after the island endured a series of devastating wildfires. The waivers come as thousands of government-backed mortgages on the island have been impacted by the disaster, according to data released by the office of Hawaii Gov.

Mortgages 364
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Judge rebuffs Chinese homebuyers’ push against Florida law

Real Estate News

The law, which took effect July 1, prohibits “foreign principles” from a number of countries from buying real estate in Florida.

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Why a Land Survey Is Important

RIS Media

A survey of land is a critical component of real estate transactions and property ownership. It involves measuring and mapping land to determine its boundaries and identify potential issues or encroachments. Land surveys ensure accurate boundary determination, verify property rights, comply with zoning regulations, and resolve legal disputes. We will delve into the importance of… The post Why a Land Survey Is Important appeared first on RISMedia.

Land 98
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Freedom Mortgage to pay $1.75M to settle agent kickback scheme

Inman

Regulators claim lenders' marketing agreements with more than 40 real estate brokerages, including Realty Connect USA, were a conduit for kickbacks that generated more than 1,000 mortgage referrals.

Mortgages 146
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5 Essential Tips Every New Real Estate Agent Needs

RIS Media

Real estate can be an exciting and lucrative business. It is also competitive. Real estate agents who want to not only succeed but compete at the highest level and dominate the market know that there are best practices they must follow. Here are five tips every real estate agent who wants to be a top-notch… The post 5 Essential Tips Every New Real Estate Agent Needs appeared first on RISMedia.

Agents 98
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Controversial Florida foreign buyer ban survives 1st major court battle

Inman

U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing.

Marketing 144
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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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Home Warranties Prove a Good Investment for Buyers and Sellers Alike

RIS Media

BHHS Select Properties President and CEO Maryann Vitale Alles endorses the HSA Home Warranty. Forty years ago, Disney opened its futuristic EPCOT theme park, TV viewers were checking out David Letterman for the first time and newly minted REALTOR® Maryann Vitale Alles was providing an added touch of service by educating clients on the importance… The post Home Warranties Prove a Good Investment for Buyers and Sellers Alike appeared first on RISMedia.

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‘An awakening’ to New Hampshire as luxury 2nd-home destination

Inman

The pandemic first started opening luxury buyers' eyes to New Hampshire's second-home-market opportunities, and now more and more ultra-luxury buyers are catching on.

Marketing 145
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Down But Not Out: Real Estate’s Q2 Earnings Season

RIS Media

It has been a shaky and odd housing market so far this year. With fears of a major crash receding but no sign of a broad rally, big public real estate companies are seeking to find their footing against a varying and uncertain real estate landscape. So far, iBuyers have failed to effectively adapt to… The post Down But Not Out: Real Estate’s Q2 Earnings Season appeared first on RISMedia.

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Kmart down to 2 locations, including 1 in haughty Hamptons

Inman

The town of Bridgehampton, where the median home price is $3.8 million, is home to one of just three remaining Kmarts. Soon it will be one of two, according to reports.

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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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Mortgage Mix: CFPB Fines Freedom Mortgage; Considers New Rules for Data Brokers

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. Florida-based Freedom Mortgage Corporation is in hot water with the Consumer Financial Protection Bureau (CFPB) after the lender allegedly “provided kickbacks to real estate brokers and agents” in exchange for mortgage loan referrals.

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Future so bright: Make tomorrow’s business your best ever in 5 steps

Inman

There will always be winners and losers in real estate, Jimmy Burgess writes this week. The winners in today’s market will take steps to increase sales now, while setting the stage for more business in the future.

Staging 134
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Rare Cobblestone Church on Market Highlights Unusual Upstate Building Style

Brownstoner

Texturally delightful, with rows of cobblestones rippling across the facade, this former church in Ontario County is an intriguing bit of New York architectural history. Between the 1820s and the mid 1860s, builders in the area used what was plentiful -- small, rounded stones -- to build houses, churches, schools,… Read More > The post Rare Cobblestone Church on Market Highlights Unusual Upstate Building Style appeared first on Brownstoner.

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Redfin CEO says housing sales volume has hit ‘rock bottom’

Inman

Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get.

Sales 134
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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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Lawler: Is The “Natural” Rate of Interest Back to Pre-Financial Crisis Levels?

Calculated Risk Real Estate

CR Note: This is related to my note earlier this week: The "New Normal" Mortgage Rate Range From housing economist Tom Lawler: The resiliency of the US economy in the face of the “aggressive” Federal Reserve rate hikes since last March, combined with an increase in inflation-adjusted Treasury (TIPS) yields to levels not seen in almost 15 years, have led a growing number of analysts to conclude that the so-called “natural” rate of interest (often referred to as “r-st

Banks 98
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Compass expands into Santa Cruz with Monterey Bay Properties buy

Inman

Compass has purchased the 40-year-old brokerage and its team of nearly 40 agents, marking the publicly traded brokerage's first office in Santa Cruz County, the company announced Wednesday.

Brokerage 127
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Anywhere’s Communications Department Honored

RIS Media

Anywhere Real Estate Inc. was honored with a bronze Stevie® Award for “Communications Department of the Year” in the 20th Annual International Business Awards®, the company has announced. Selected by a jury of communications experts out of more than 3,700 nominations globally, Anywhere was recognized for the multi-disciplinary communications team’s role in driving the Company’s… The post Anywhere’s Communications Department Honored appeared first on RISMedia.

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5 lessons we can learn from the Barbie marketing strategy

Inman

The Barbie movie marketing team pulled off the most significant grand slam in film promotion history. Here's what we can learn from it.

Marketing 138
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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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Webinar Recap: Help Your Agents Increase Referrals in Any Market

RIS Media

In the latest RISMedia webinar—”Help Your Agents Increase Referrals in Any Market”—sponsor spokesperson Stephanie Alfonso, senior director, Sales Enablement and Field Education at Elm Street Technology; and panelists Jillian Young, president of Premiere Plus Realty in Southwest Florida; and Kevin Laugharn, principal and director of Marketing for Alta Realty Group, discussed how the significance of… The post Webinar Recap: Help Your Agents Increase Referrals in Any Market appeared first on

Agents 93
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‘Hiya, Barbie!’: Iconic doll makes her real estate cameo

Inman

Barbie is having a moment right now — at the box office, on fashion runways and even in home design and real estate marketing.

Design 141
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Ask These 7 Questions to Test Your Agent’s Real Estate Marketing Plan

HomeLight

A real estate marketing plan involves a combination of online and offline tactics, including listing syndication, social media promotion, print advertising, open houses , and more. A well-executed approach can make all the difference in attracting potential buyers and securing a quick sale at the right price. When you’re selling, it’s essential that you work with a real estate agent who understands your local market and can tailor a marketing plan to highlight your property’s unique

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Rolling recession, Rapattoni, REX: Catch up with Inman’s Top 5

Inman

With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.

Agents 137
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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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A Renovated Park Slope Brownstone With Central Air and Three Others to See, Starting at $580K

Brownstoner

Our picks for open houses to check out this weekend are found in Park Slope, Bed Stuy, and East Flatbush. They range in price from $580,000 to $3.4 million. 410 Bergen Street Price: $3.4 million Area: Park Slope Broker: Space Real Estate (Mia Bailey) Saturday August 19, 2-7 p.m. and Sunday August 20, 2-6 p.m.… Read More > The post A Renovated Park Slope Brownstone With Central Air and Three Others to See, Starting at $580K appeared first on Brownstoner.

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How to counteract Gary Keller’s latest recession prediction

Inman

In opening remarks at Keller Williams' Agent Mega Camp, Gary Keller predicted a "rolling recession" in 2024. What is it and what does it mean for you and your clients?

Agents 107
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140,000 More People Expected

BubbleInfo

They expect another 200,000 homes to be built in SD County? Where? MCAS Miramar? San Diego officials are expecting an end to the region’s perpetual growth.

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Home pricing rules: Don’t go if you don’t know

Real Trends

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Not prequalifying is unprofessional and can waste your time and the sellers. Always prequalify, 100% of the time! Price it to sell, not to sit. The best price reduction conversation is the one you never have to have.

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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.