Mon.Jun 12, 2023

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Cheap Real Estate Classes: Top 5 Schools For Fast Licensing

Kyle Handy

Aspiring to kickstart your career in real estate, but feeling held back by the high cost and time-consuming nature of traditional licensing classes? The problem is a common one – investing in a new career path can be daunting, especially when faced with hefty tuition fees and a lengthy commitment. It can feel like you’re stuck in a paradox – wanting to propel your career forward, but unwilling or unable to invest substantial time and money into a traditional real estate school.

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Nearly 90% of recent mortgages originations were purchase loans

Housing Wire

The housing market, which is facing challenges with mortgage rates , affordability, prices and inventory, hasn’t been this purchase-dominant in decades, according to Black Knight ’s originations market monitor report. Today, nearly nine out of every 10 mortgages originated is a purchase loan, the report notes. Last month, purchase locks accounted for 88% of the market mix, marking a record high.

Loans 420
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OKC brokerage leverages its reputation to lure two teams

Real Estate News

Rob Allen, CEO of Sage Sotheby's Realty, says a slower market has agents wondering if they're at the right brokerage — but he doesn't sign just anyone.

Brokerage 233
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HomeZada rolls out AI-powered chat assistant for homeowners

Housing Wire

HomeZada , a cloud-based platform for digital home management, announced on Monday that it has added Zada, an AI chat assistant, to the suite of apps on its platform. The goal of Zada Home AI Assistant is to assist with the challenges homeowners face when trying to finding answers on remodeling projects, product comparisons, and maintenance and repair inquiries by offering a secure platform that allows users to engage in interactive, two-way conversations.

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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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There are fewer millionaires — but don’t blame it on real estate

Real Estate News

A World Wealth Report found that the number of millionaires fell by 800,000 in one year, but real estate has been a fairly resilient asset.

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Fannie Mae re-releases 2022 DFAST after errors found in model

Housing Wire

In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, Fannie Mae has released a new version of its 2022 Stress Test Disclosure, which reflects two hypothetical economic scenarios, including a “severely adverse” scenario. The report was initially released in August 2022, but Fannie Mae announced in November that it had made a “recent identification of errors in an underlying model.

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Get a taste of 10 outdoor kitchen trends for spring

Inman

The best outdoor kitchens "work" just like their indoor counterparts. For decades, architects designed the ‘kitchen triangle’ — assuring an easy reach between sink, refrigerator, and range. Today, the best outdoor kitchens follow the same formula.

Design 157
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Households’ Real Estate Asset Value Falls for Third Consecutive Quarter

Eye on Housing

The first quarter of 2023 release of the Z.1 Financial Accounts of the United States shows for a third consecutive quarter the value of households’ real estate assets contracted. The combination of economic uncertainty and declining home prices has played a role over the past year in decreasing the value of households’ real estate assets. The level of households’ real.

Equity 128
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Retention: The other side of the recruitment coin

Inman

We sat down with three CENTURY 21® retention leaders to better understand how to keep your affiliated agents satisfied and still affiliated with us. What follows are the 3 keys to making your retention rate shine.

Agents 157
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Helping Agents Monetize Their Sphere

RIS Media

On a mission to transform the real estate transaction process, the homegenius family of companies is committed to helping agents better monetize their sphere of influence. After all, agents are always looking for ways to engage their sphere and database, so it’s critical that they establish themselves as the go-to agent in their local market,… The post Helping Agents Monetize Their Sphere appeared first on RISMedia.

Agents 114
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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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Meade High School, Kelly Moss and the rise of fake real estate listings

Inman

Two fake Zillow listings went viral at the end of May — one a high school senior prank and the other resulted in buyers losing thousands. Here's how to save clients from online scammers.

Brokerage 156
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New and Notable Homes for Sale Over $6 Million: June 2023

Sotheby's International Real Estate

From a spectacular contemporary home in Scottsdale, Arizona, to an elegant estate in Calgary, Canada, these are this month’s five featured notable properties for sale over $10 million. Lecco, Italy Eugenia Monti Crivelli Visconti | Italy Sotheby’s International Realty Nestled on the eastern shore of Lake Annone, the villa, originally constructed in the late 19th century, is a breathtaking masterpiece surrounded by a lush four-hectare park.

Sales 112
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EXCLUSIVE: Get ready for Sherry Chris’ exit interview with Access

Inman

RealScout President Andrew Flachner will sit down with Sherry Chris, former CEO of Anywhere Expansion Brands, to discuss her extraordinary career. Submit your questions for Chris today.

Branding 148
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Using Weekend Lag Time to Ramp Up Your Real Estate Business

RIS Media

What’s that? You’ve looked at your calendar for the weekend and you’ve realized you’re not as booked up as you usually are? While it’s great to get some relaxation time in, this is also the perfect opportunity to take advantage of the lag time by putting a plan in place to ramp up your business.… The post Using Weekend Lag Time to Ramp Up Your Real Estate Business appeared first on RISMedia.

As-is 107
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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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‘Overachiever’ Dana Cadena preaches the power of the calendar

Inman

Leader of Overachiever Central, Dana Cadena has helped several agents become seven-figure-producing mega-agents, she shared ahead of her appearance at Inman Connect Las Vegas.

Agents 148
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NAR iOi Innovator of the Year Awards Now Open

RIS Media

The National Association of REALTORS® (NAR) has announced that applications and nominations are now open for the iOi Innovator of the Year Awards. This recognition spotlights the trailblazers advancing real estate through creativity, leadership and innovation. “Together, we have the power to define the future of real estate,” said NAR CEO Bob Goldberg.

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How many Instagram Stories should I do a day?

Inman

Instagram Stories operate differently than other features like Posts and Reels. Sue "Pinky" Benson helps you learn how to make them work for your real estate business.

Agents 148
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Beloved Cobble Hill Butcher Staubitz Fundraises for Facade Repair After Longtime Owner’s Death

Brownstoner

For more than a century, Staubitz Market has been a neighborhood staple in Cobble Hill, peddling premium steaks to its Court Street neighbors and earning a loyal following along the way. For more than half that time, it's been butcher John McFadden, and more recently his son John McFadden Jr.,… Read More > The post Beloved Cobble Hill Butcher Staubitz Fundraises for Facade Repair After Longtime Owner’s Death appeared first on Brownstoner.

Marketing 105
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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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Real Brokerage CTO: AI ‘extremely useless without proprietary data’

Inman

The Real Brokerage has already taught ChatGPT how to help agents. But failing to use the same software or work with the same data results in few opportunities, Chief Technology Officer Pritesh Damani told Inman.

Brokerage 140
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How I Make $1 Million in Annual Cash Flow After Less Than 10 Years of Investing

Bigger Pockets

You can be wildly successful in real estate and do it in a relatively short amount of time. Read this story about making $1 million annually in less than 10 years.

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Lesson Learned: Get comfortable with silence

Inman

Central Florida agent Anne-Marie Wurzel brings her background in advertising and copywriting to bear on the practice of real estate, including marketing experience from more than 300 properties and management of her agency's largest client, a national REIT.

Agents 127
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Elon Musk Says Home Prices Are Going To Fall—Is The World’s Richest Person Right?

Bigger Pockets

That’s what Tesla and SpaceX founder Elon Musk tweeted last week in response to a stream of tweets from venture capitalist David Sacks.

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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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Maximize outreach and results: Circle prospecting strategies

Inman

Join Anthony Marguleas as he discusses the concept of circle prospecting and how it can revolutionize your lead generation and outreach strategies for boosted business.

Agents 124
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Monday Mindset: How to Seize the Opportunities Amid All the Negative Headlines

RIS Media

If you pay attention to the news, you’ll think the real estate industry is in trouble. We all see the headlines pop-up on our phones about soaring interest rates. On the 24-hour news channels, it’s all about low inventory levels. In some of our industry-specific social media groups, it’s complaint after complaint. Even around the… The post Monday Mindset: How to Seize the Opportunities Amid All the Negative Headlines appeared first on RISMedia.

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Offerpad executes 1-for-15 reverse stock split to head off delisting

Inman

The pioneering iBuyer hopes to bring its share price back above the New York Stock Exchange's $1 minimum threshold.

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LeadingRE Adds DirectOffer to Solutions Group Program

RIS Media

Leading Real Estate Companies of the World® (LeadingRE) has announced it’s added DirectOffer to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. DirectOffer presents audio marketing to the current visual realm of real estate listings. Audio tours are a compelling marketing tool for listings, while… The post LeadingRE Adds DirectOffer to Solutions Group Program appeared first on RISMedia.

Marketing 103
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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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Low inventory propped up price growth this spring

Inman

U.S. home values grew 1.4 percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets.

Marketing 117
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SCOTUS, NAR Address Problem of ‘Equity Theft’

RIS Media

The National Association of REALTORS® (NAR) recently submitted an Amicus Brief to the U.S. Supreme Court in one of the most important property rights cases in a decade. Tyler v. Hennepin County addresses the practice of “home equity theft,” where state and local authorities take foreclosed homes for tax sales, no matter how small the… The post SCOTUS, NAR Address Problem of ‘Equity Theft’ appeared first on RISMedia.

Equity 102
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Here are 5 reasons we won’t see a housing market crash this year

Inman

According to Splitero CEO Michael Gifford, we’re still in an affordability crisis and unlikely to see a complete housing market tumble in 2023.

Marketing 131
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This $59.9 million mansion is on track to become Boca Raton’s most expensive house — again

Fancy Pants Homes

A massive 17,602-square-foot home that sits on Highland Beach’s largest oceanfront lot has recently hit the market in Palm Beach County, Florida and has the potential to set a new real estate record. The trophy property delivers over 150 feet of private manicured beachfront on nearly 2 acres in the ”Estate Section” of Byrd Beach, minutes away from Atlantic Avenue and Boca Raton.

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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.