Fri.Oct 27, 2023

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Homebuyers have many options; let’s make sure they’re aware of them

Housing Wire

To many, homebuying is a daunting, often confusing process. Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. Thankfully, there are a number of online resources that can help homebuyers navigate the process. The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts.

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Gary Keller says there’s no such thing as a standard commission

Real Estate News

Testimony from the KW co-founder as well as President Marc King closed out week 2 of Sitzer/Burnett, with both leaders denying a conspiracy.

Closing 321
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Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

Housing Wire

As the trial of Burnett v. the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker

MLS 466
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Are health plans the latest agent recruiting tactic?

Real Estate News

As brokerage firms vie to keep their top producers and boost agent counts, some are offering new benefits, including healthcare, to stay competitive.

Agents 289
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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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eXp launches new equity incentive program, Thrive, to recruit more teams

Housing Wire

eXp Realty launched a new program to attract more teams, the Thrive program, to agents in the United States and Canada, the company announced Friday. Earlier this year, the company launched its Boost Program , followed by the Accelerate Program , to incentivize independent teams, brokerages and agents to join eXp Realty. With this latest vesting schedule, team leaders who onboard will receive a non-cash equity award proportionate to their previous 12-month production, according to a news releas

Equity 385
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Late eXp icon Rick Geha honored with $100K fundraiser

Inman

Rick Geha Team founder Rick Geha suddenly passed away one week after eXp's annual conference in Las Vegas. The Geha family is honoring the late agent's memory with a $100,000 fundraiser for the Oakland A's Make-A-Wish Community Fund.

Agents 194

More Trending

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Pl@tform gives @properties | Christie’s International Real Estate agents a well-integrated, stable proptech foundation: Tech Review

Inman

What started in 2005 has become the foundation for what is now a multifaceted business application that can benefit all level of agents who hang a license at an @properties | Christie’s International Real Estate office.

Agents 181
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Compass nabs four new teams in Colorado

Housing Wire

Four teams decided to make the leap to Compass in Colorado , the company announced on Thursday. The Bandemer Team , led by Corinna and Brooke Bandemer, BaseCamp Homes , led by Jon Mottern, Ivy House Group , led by Alexis Shoop and Benjamin Babbitt, and The Sundberg Group , led by Rian Sundberg, are the four latest recruits of the brokerage. “The strong value proposition of our company culture and close-to-contact technology continues to draw top-producing agents to Compass, ”Heather Bustos, reg

Brokerage 380
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Starving for clients? Double down on these 5 marketing basics

Inman

Nearly 25 years in, Las Vegas broker Alex Adabashi has seen the ups and downs of many markets. Learn the tried-and-true strategies he recommends to generate and convert more leads.

Marketing 173
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With increased offer, Rithm now expected to close on Sculptor

Housing Wire

New York-based Rithm Capital, the parent company of Newrez , has received the blessing of Sculptor’s founder Daniel S. Och and his group to acquire the asset management firm for $719 million, representing a 14% increase over the original bid. The support comes three months after the deal was made public on Jul. 24. After the announcement, Rithm faced competition from a group of investors , including Boaz Weinstein, Bill Ackman, Marc Lasry and Jeff Yass, resulting in a dispute among Sculpto

Closing 374
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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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7 massive mistakes most real estate agents are making right now

Inman

The best way to learn is from the mistakes of others, and right now, many agents are making critical mistakes that are leading to business destruction, writes Jimmy Burgess. Here’s how you can avoid their mistakes and fill in the holes they’re creating when committing these errors.

Agents 175
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Consumer Sentiment Takes Large Tumble in October

RIS Media

Consumer sentiment dropped 6% in October, according to data from the University of Michigan. “Consumer sentiment confirmed its early-month reading, falling back about 6% this October following two consecutive months of very little change. This decline was driven in large part by higher-income consumers and those with sizable stock holdings, consistent with recent weakness in… The post Consumer Sentiment Takes Large Tumble in October appeared first on RISMedia.

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Should your dream team be super-sized or narrowly niched?

Inman

While your professional journey is a personal one, luxury consultant Chris Pollinger says it's easier when you aren't trying to go it alone. Join with like-minded individuals and building a team that's right for you can make all the difference.

Brokerage 173
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Personal Saving Rate Drops to 3.4% in September

Eye on Housing

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.3% in September. The pace of personal income growth slowed after reaching a 1% monthly gain in January 2023. Gains in personal income are largely driven by increases in wages and salaries. With spending increasing faster than personal income, the September personal savings.

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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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Newly funded, real estate guessing game Housle eyes expansion

Inman

Eight months after launching real estate's answer to Wordle, the home price guessing game has drawn 200,000 users from more than 150 countries. Now its creator has plans to grow even more.

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Former Black-Owned Catskill Guest House in Need of Rescue, Yours for $99K

Brownstoner

It requires looking past some caution tape, but for those not daunted by old-house challenges, this Catskill cottage offers the opportunity to bring some life back to a dwelling that spent decades as a Black-owned guest house. In the early 20th century two women made this quirky cottage a welcoming… Read More > The post Former Black-Owned Catskill Guest House in Need of Rescue, Yours for $99K appeared first on Brownstoner.

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Las Vegas brokerage leans into spooky season with ‘Saw’ parody

Inman

Simply Vegas got into the Halloween spirit with their latest recruitment video, a take on the popular "Saw" horror movie franchise.

Brokerage 195
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Your Hub for Complete Coverage of the Burnett vs NAR Trial

RIS Media

As the defense was expected to wrap up its testimony Friday and with closing arguments set to come as early as Monday, real estate’s “trial of the century” has had industry professionals glued to their seats to find out how the jury will come down on the fate of buyer agency compensation in the United… The post Your Hub for Complete Coverage of the Burnett vs NAR Trial 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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What you should know about Sitzer | Burnett Week 1: Inman’s Top 5

Inman

With Inman Top 5, you'll find the week's most essential stories, as chosen by our readers. Here are the most-read articles for Oct. 21 - 26, 2023.

Agents 169
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Friday Flash: Redfin unleashed

1000Watt

Redfin has existed for 20 years. It has yet to be a profitable enterprise. Even during 2021, that most extraordinary of boom years, the company lost $109.6 million. There are a few reasons for this (a poorly-timed acquisition in rentals, an extraordinary investment in technology over the years), but the heart of the matter is simple: Redfin has always paid its agents salaries.

Agents 119
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Corcoran announces 1st Canadian franchise to launch in Toronto

Inman

Corcoran will launch Corcoran Horizon Realty in Toronto, Ontario, through its partnership with the brokerage formerly known as Rego Realty.

Brokerage 177
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Mortgage Mix: Rates Rise as Challenges Persist

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. Mortgage rates continued their rise this week, edging closer to 8%, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 7.79%, while the 15-year fixed-rate mortgage averaged 7.03%.

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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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3 hauntingly good tips for elevating your Halloween marketing

Inman

Learn how Los Angeles Realtor Sierra Schotts turned her latest listing into an opportunity to have some fun during spooky season.

Marketing 142
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Weichert Hosts “Sellebration” Conference

RIS Media

Weichert Real Estate Affiliates, Inc. welcomed over 300 Weichert® affiliated brokers, owners, and associates to its national conference, the Weichert Sellebration, earlier this month at Baha Mar in Nassau, The Bahamas. The event, which took place from Oct. 10-12, offered attendees events such as keynote speakers, breakout sessions with industry experts, and the opportunity to… The post Weichert Hosts “Sellebration” Conference appeared first on RISMedia.

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Commercial vs Residential Real Estate: Which Investment is Best?

Bigger Pockets

Whether you’re new to real estate investing or have been investing for a while, you’ve probably asked yourself if commercial or residential real estate is a better investment. The truth is, neither option is better than the other—both have pros and cons that investors need to evaluate to determine which investment type is right for them.

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Berkshire Hathaway HomeServices Nevada Properties Opens New Office

RIS Media

Berkshire Hathaway HomeServices Nevada Properties is celebrating the grand opening of its newest Class-A office campus on Thursday, December 7. Located at 1490 Center Crossing Road in Summerlin, the two-story building encompasses over 30,000 square feet of coworking space designed to unify individual teams and client relationships. The grand opening event will begin at 10… The post Berkshire Hathaway HomeServices Nevada Properties Opens New Office appeared first on RISMedia.

Design 119
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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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401k vs Real Estate: Which Is Best for Retirement?

Bigger Pockets

Deciding between a 401k and real estate investment for retirement is a critical choice that will affect you now and in the future. Both have unique benefits and drawbacks, and understanding them can help you navigate the path to a more secure financial future.

Finance 110
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How Much Mortgage Can I Afford? Affordability Calculators Are Your New BFF

HomeLight

You have a steady income, a chunk of money saved up, and you’re starting to feel confident about your finances. You think you might even be ready to jump into homeownership once and for all. The only problem? You’re not entirely sure if you can afford to take the plunge. And you’re asking yourself: How much mortgage can I afford? The truth is, home affordability can be a surprisingly complex concept, with a lot of different variables to consider.

Mortgages 109
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Nice-Looking Two-Bedroom in Bushwick’s Infamous Trip House Wants $2,950 a Month

Brownstoner

It’s not every day a unit pops up for rent in Bushwick’s Trip House, a remarkably intact circa 1890s stand-alone Queen Anne immortalized in the press in 2012 for its art- and graffiti-filled parties. At the time, tenants and their guests said the new owners, a real estate group that… Read More > The post Nice-Looking Two-Bedroom in Bushwick’s Infamous Trip House Wants $2,950 a Month appeared first on Brownstoner.

Marketing 105
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Q+A: Most Common Home Renovation Questions

RIS Media

Embarking on a construction project of any magnitude is a significant undertaking. From permits, timelines, contractor woes, and indecision, many moving parts go into a successful construction project. Creating a plan is the most essential part of a home renovation project. However, before you plan, it’s crucial to have a basic knowledge of the process.… The post Q+A: Most Common Home Renovation Questions appeared first on RISMedia.

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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.