Housing Wire
NOVEMBER 6, 2023
Between rising mortgage rates and soaring loan production costs this year, many lenders and brokerage leaders are reducing headcount to preserve their bottom line. As a result, many mortgage and real estate professionals may find themselves checking out LinkedIn , whether to search for a new position or make connections in anticipation of the future.
Real Estate News
NOVEMBER 6, 2023
In the Q3 earnings call, Robert Reffkin said Sitzer/Burnett probably won't lower commission splits, highlighted the company's strength despite continued losses.
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Housing Wire
NOVEMBER 6, 2023
Patricia “Patti” Cook , who broke the glass ceiling in the mortgage industry during a successful 45-year career , died on Friday at her home in New York. She was 70 years old. Cook retired as CEO of Finance of America in June 2022 to focus on her health. She is survived by her three daughters, Kathleen Cook Suozzi, Colleen Cook Flannery, Annie Cook Carroll and her six grandchildren, as well as her sisters Laurie Bonello and Marybeth Solazzo. “Patti was not only a remarkable lea
Real Estate News
NOVEMBER 6, 2023
More settlements and MLS changes are coming, the CEOs of NextHome and T3 Sixty say. Agents need training, and they’re not the only ones.
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Housing Wire
NOVEMBER 6, 2023
The use of artificial intelligence (AI) is poised to grow amid higher origination costs and greater competition, but without correcting the underlying causes of bias in data, AI models can embed racial equity inequality on a larger scale, a recent report from the Urban Institute concluded. “It must first, however, overcome the biases and inequities already embedded into the data it analyzes.
Keeping Current Matters
NOVEMBER 6, 2023
As the year winds down, you may have decided it's time to make a move and put your house on the market.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
RIS Media
NOVEMBER 6, 2023
The American Dream has long been associated with homeownership, and for many, the ultimate expression of that dream is a spacious, luxurious home. However, not all large houses are created equal, and one term that has gained notoriety in recent years is the “McMansion.” So, what exactly is a McMansion, and how does it differ… The post What’s The Difference Between a Large House and a McMansion?
Inman
NOVEMBER 6, 2023
In physics, critical mass is a nuclear term. It’s the minimum amount of a given material that you need to set off a self-sustaining chain reaction. While that may be a good thing in nuclear physics — where you typically want to start chain reactions — you don’t usually want to see the same sort of reaction in a business setting.
RIS Media
NOVEMBER 6, 2023
I was recently perusing some headlines of a previous edition of Real Estate magazine and was impressed (as I always am) with the coverage of technology in our industry. In that issue’s Publisher’s Letter, John Featherston wrote about “the next frontier” in technology, and how our cover client was using a unique software program to… The post Op-Ed: Let’s Go, 2024…Bring It On!
Inman
NOVEMBER 6, 2023
In the world of homebuying, we often find ourselves discussing the vital role of mortgage professionals. You've likely encountered two key players in this field: mortgage bankers and mortgage brokers.
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RIS Media
NOVEMBER 6, 2023
Home prices remained the same from September and were stable year-over-year as inventory continues to experience challenges for the fourth month in a row, according to a new report from Realtor.com. Realtor.com’s Monthly Housing Trends Report for October found that the median listing price saw no change at $425,000, and was up 37.1% from 2019.… The post Home Prices Stabilize, But Inventory Remains Troubled appeared first on RISMedia.
Inman
NOVEMBER 6, 2023
It's an oft-repeated adage that real estate is cyclical. Well, figures recently released by the National Association of Realtors (NAR) put the industry back in 2010. That's because existing home sales have dropped over 15 percent year-over-year.
RIS Media
NOVEMBER 6, 2023
Being a household name only offers a business so much protection during market low points. During first and second quarter reports in 2023, RE/MAX Holdings reported declining revenue year-over-year. The company’s third quarter report, released Thurs., Nov. 2, continues this downward trend. RE/MAX reports total revenue of $81.2 million during Q3 2023, or $7.7 million/8.7%… The post RE/MAX Reports Revenue Decline as Q3 Ends With Settlement appeared first on RISMedia.
Inman
NOVEMBER 6, 2023
Agents and teams at Century 21, Sotheby’s International Realty and Coldwell Banker, among others, will have access to RealScout as part of an enterprise-level agreement between the tech company and Anywhere.
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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.
RIS Media
NOVEMBER 6, 2023
Community involvement is imperative for success in real estate. Your team should become a pillar of the local community, showcasing dedication to your area so you can build a reputation as hyperlocal experts and the go-tos for real estate needs. As we transition out of the peak event season of spring and summer, your team… The post Team Tactics: 5 Lead-Generating, Network-Growing Events for Any Weather appeared first on RISMedia.
Inman
NOVEMBER 6, 2023
At 32, the RealiFi Realty co-founder and CEO is the youngest president in the organization's history. Tian is a broker-owner in LA and was selected as a NAR '30 under 30' honoree in 2017.
RIS Media
NOVEMBER 6, 2023
No matter what industry you’re in, understanding the brain’s plasticity is key to success and growth. The brain isn’t fixed or static; it’s dynamic and continuously adapts to new experiences and information. I know, “nerd alert”—but stick with me. When it comes to real estate, engaging in ongoing learning sparks new neural connections, leading to… The post How Lifelong Learning Cultivates Resilience for Real Estate Agents appeared first on RISMedia.
Inman
NOVEMBER 6, 2023
For some buyers, purchasing a home isn’t only about finding a place to live, it's about finding a home that tells a story.
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.
Brownstoner
NOVEMBER 6, 2023
The remake of the Sunset Park library is close to opening. A peek through the windows showed workers are busy unpacking boxes and furnishing and decorating the interior. November is the debut month, a banner in the window makes clear. A leafy artwork extends along a deep blue wall, and… Read More > The post Sunset Park Library Preps to Open in New Building With Affordable Housing appeared first on Brownstoner.
Inman
NOVEMBER 6, 2023
Do you feel like NAR is playing a game of chicken with your business? You're probably not alone, writes Rachael Hite. Here are 10 action steps you can take right now to build sustainability into your business.
RIS Media
NOVEMBER 6, 2023
The Hudson Gateway Association of REALTORS® (HGAR) named two members as REALTOR® of the Year and Affiliate Member of the Year at their 107th Annual Meeting on Oct. 30. HGAR honored Anthony Domathoti, Broker/Owner of Exit Realty Premium in the Bronx, as 2023’s REALTOR® of the Year. A broker/owner with 25 years in the business,… The post appeared first on RISMedia.
Inman
NOVEMBER 6, 2023
Over 4 million mortgage customers have been unable to make their payments since the company announced it had been attacked on Oct. 31.
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.
RIS Media
NOVEMBER 6, 2023
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Being a REALTOR® means you are running your own business. While in most businesses, there will be an entire department dedicated to running the marketing, for REALTORS®, you… The post Social Skills: Turn Yourself Into a Marketing Department of One appeared first on RISMedia.
Inman
NOVEMBER 6, 2023
Access to safe, traditional credit building is especially limited in Black neighborhoods, a report from Zillow shows, highlighting lingering effects from redlining that keep those households renting instead of owning a home.
Seattle Times Real Estate
NOVEMBER 6, 2023
Seattle’s housing market is sluggish as would-be buyers and sellers avoid making deals in part because of high mortgage rates.
Inman
NOVEMBER 6, 2023
The brokerage saw revenue fall 10 percent year over year, but also managed to cut net losses from $154 million in the third quarter of last year to $39 million this time around, according to a Q3 earnings call Monday.
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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.
RIS Media
NOVEMBER 6, 2023
Anywhere Real Estate Inc. has announced a new enterprise agreement with RealScout, a real estate technology company that provides an automated contact nurture platform for agents to better serve their clients during the home buying and selling process. The agreement will allow the company’s affiliated agents and franchise owners to engage, nurture and convert clients… The post Anywhere Integrates RealScout’s Automated Contact Nurture Platform appeared first on RISMedia.
Inman
NOVEMBER 6, 2023
This week, Sue 'Pinky' Benson explains the difference between Instagram's Reels and Stories features. Hint: They're nothing alike.
HomeLight
NOVEMBER 6, 2023
Skyrocketing mortgage interest rates can make homeownership seem like an elusive dream. With rates hitting their highest point in almost 23 years, the path to purchasing a home has become more challenging. For some home shoppers, there’s a potential solution: assumable mortgages. Assuming a mortgage allows you to step into the shoes of the seller and take over their loan, often at a lower interest rate.
Inman
NOVEMBER 6, 2023
New mortgage JV with New Jersey-based Keller Williams Bergen County Partners, Carnegie Mortgage Partners, follows on heels of similar deal in Georgia.
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.
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