Mon.Feb 19, 2024

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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. The chronically distressed properties cycled in and out of foreclosure for an average of 475 days, resulting in a lost equity rate of more than $5,000 a year and nearly $450 a month.

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In Focus: How the MLS drives innovation in real estate

Real Estate News

UtahRealEstate.com CEO Brad Bjelke believes the wealth of data provided by MLSs makes them “more important today than at any point in time.

MLS 272
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It’s Time To Prepare Your House for a Spring Listing

Keeping Current Matters

If you're thinking of selling your house this spring, now is the perfect time to start getting it ready.

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NAR shares ‘real story’ of leadership, strategic shifts

Real Estate News

New messages from Interim CEO Nykia Wright and President Kevin Sears lay out changes to “presidential initiatives,” NAR’s Leadership Team and culture work.

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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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Take the Inman Intel Index Survey for February

Inman

The Triple-I goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey.

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Top Tips and Considerations For Buying Land

Realty Biz

Buying land represents a pivotal investment in one's future. Unlike purchasing a ready-made home, it offers the flexibility to design and build according to personal or business needs. However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives.

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More Trending

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Can Cushman & Wakefield’s AI Push Close the Gap with CBRE and JLL?

Propmodo

Cushman & Wakefield hasn’t been the leader in commercial real estate when it comes to deploying cutting-edge new tech like AI. CBRE has already deployed its AI building management tech on 1 billion square feet of space they are managing. JLL isn’t far behind. They have invested in numerous tech companies via their venture arm Spark, acquired AI startup Skyline AI in 2021, and hired a CTO to focus on developing and deploying new tech.

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4 common buyer objections and how to resolve them

Inman

When buyers express reluctance, they’re not necessarily telling you they don’t want to move forward, Luke Babich writes. Sometimes, they’re asking you to help them move forward.

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Here’s How To Earn Modern and Traditional Passive Income in 2024

Bigger Pockets

From stocks to real estate to crypto to advertising on your car, passive income is the core goal of any investor. So how can you make the most of your opportunities in 2024?

Investor 113
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8 things to consider before becoming a landlord

Inman

Becoming a landlord can be a promising avenue for generating passive income and building wealth — but it's not without challenges.

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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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Redmond picks up Kenmore’s canceled affordable-housing project

Seattle Times Real Estate

The Eastside city gets a fully funded affordable-housing project that will serve mostly people leaving homelessness. Redmond is winning praise for the decision.

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Many hoped a March rate cut would boost housing. Now, it’s not so clear

Inman

Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy.

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Multifamily Is Likely To Start Recovering in 2024—Here’s Why

Bigger Pockets

In his recent article, BiggerPockets CEO Scott Trench did a great job enumerating all the reasons why multifamily is in the difficult position it’s in.

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Yardi predicts weak multifamily rental growth for 2024

Inman

As a result of the delivery of 540,000 new apartments during 2024, Yardi is predicting weak rental price growth in some markets.

As-is 164
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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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Don’t Be Mislead About The Market Value of Your Home

Maximum Exposure Real Estate

Realtors Over Inflating Market Value Do real estate agents mislead sellers about the value of their homes? You bet they do, and it happens all the time! While a real estate agent telling a seller an unrealistic value for their home is as old as the whole business of selling real estate, it becomes more […] The post Don’t Be Mislead About The Market Value of Your Home appeared first on Maximum Real Estate Exposure.

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Watch your back. Don’t sleep on these new agent safety hacks

Inman

From client screening to cybersecurity and more, it's essential for you to take care of yourself and stay safe in today's world. Security expert Tracey Hawkins offers a range of strategies to improve your odds.

Agents 133
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Brooklynites Ask MTA to Revive B71 in Brooklyn Bus Redesign

Brownstoner

By Kirstyn Brendlen, Brooklyn Paper As the Metropolitan Transportation Authority prepares to release its final draft plan for the Brooklyn Bus Network Redesign, residents in parts of western and central Brooklyn want to revive a long-dead bus line. The B71, which used to run from Van Brunt and Union streets in the… Read More > The post Brooklynites Ask MTA to Revive B71 in Brooklyn Bus Redesign appeared first on Brownstoner.

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WATCH: OpenAI’s Adam Goldberg on developing AI clarity

Inman

A founding member of the company's go-to-market team, Goldberg outlines what it takes to make ChatGPT and other AI-based platforms work for you and your real estate business.

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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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Inventory Watch

BubbleInfo

In the last week, the number of NSDCC active listings shot up by 12%, and the number of pendings dropped 10%, which at first glance looked like a bunch of escrows blew up. But it was more due to the number of closings. There were 35 escrows that closed last week, bringing the February total […] The post Inventory Watch first appeared on bubbleinfo.com.

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Will Housing Affordability Improve in 2024?

Marco Santarelli

Housing affordability is a major concern for many Americans, especially renters who face rising rents, stagnant incomes, and a limited supply of low-cost units. Housing affordability is not expected to see a major improvement in 2024 due to tight rental markets and high property prices. According to a recent report by the Joint Center for Housing Studies of Harvard University , half of all US renters were cost-burdened in 2022, meaning they spent more than 30 percent of their income on rent and

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Windsor Terrace Co-op With Built-ins, Penny Tile, Walk-in Closets Asks $599K

Brownstoner

A spacious one-bedroom in a late '30s elevator building comes with original details, modern updates, and good storage. It's on the third floor of 40 Ocean Parkway in Windsor Terrace. The six-story, 67-unit red brick building was designed by the Cohn Brothers and built in 1939. Neo-Colonial details include pilasters, quoins,… Read More > The post Windsor Terrace Co-op With Built-ins, Penny Tile, Walk-in Closets Asks $599K appeared first on Brownstoner.

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Minimize Stress While Selling Your Home

Windemere Selling

After years of collecting furniture, plants, and memories, the thought of preparing your home to sell and moving to a new one can be daunting and stir up a lot of emotions. But selling your home doesn’t have to be stressful; here are a few tips to help make it easier. Involve your agent early The earlier you involve your Windermere Real Estate agent, the better they can set you up for success.

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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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Early Retirement at 36 by Doing What EVERY Entrepreneur Should

Bigger Pockets

If you want to reach early retirement, especially in your thirties, you’ll need to take some big risks.

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Your Massachusetts Title V Might Have Failed

Maximum Exposure Real Estate

Understanding Massachusetts Title V Approval Is it possible when buying a Massachusetts home, the Title V inspection report you receive as evidence that it has passed is invalid? YES, it is! When selling a home in Massachusetts, one of the requirements of every homeowner is to perform what is known as a Title 5 septic […] The post Your Massachusetts Title V Might Have Failed appeared first on Maximum Real Estate Exposure.

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RM Sotheby’s Presents ModaMiami

Sotheby's International Real Estate

Prestigious car events have long been synonymous with style and luxury. The recipe for success? Cars. Design. Style. Elegance. RM Sotheby’s has joined with Sotheby’s and Moda Events in building ModaMiami, a new destination for car enthusiasts encompassing the rare, prestigious, and eclectic, combined with other luxury entertainments. Over the multi-day affair, enthusiasts can enjoy what they love most: rare, unique, and awe-inspiring vehicles, from the auction preview on Thursday, February 29, t

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Seeing Greene: Generational Wealth 101 and Getting Started in a Tough Market

Bigger Pockets

Want to know how to set your kids up for LIFE? The answer is pretty simple: rental properties.

Marketing 108
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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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How Is The Resale Condo Market In The GTA?

Toronto Realty Blog

TorontoRealtyBlog You’ve already heard how I feel that the January TRREB stats don’t support what’s happening out there in the market, right? And some of you are tired of that already? I know, I know. You don’t want to hear about our recent east-side sale that fetched $200,000 more than it was listed at with another agent last fall.

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Daily Links: Popular Greenpoint Music Venue Shut Down Mid Show by Department of Buildings

Brownstoner

In the News The Lost Story of New York’s Most Powerful Black Woman [NYT] After Fleeing Ukraine, a Tattoo Artist Settles Into Life in Brooklyn [NYT] Biggie Mural Outside Bushwick Weed Dispensary Saved After Outcry [NYP] Artists Explore the ‘Park of Dreams’ in Installation at Grand Army Plaza [BP] New Findings Alter Nuhart Superfund Remediation… Read More > The post Daily Links: Popular Greenpoint Music Venue Shut Down Mid Show by Department of Buildings appeared first on Brownstoner.

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Hostaway Reviews: What Sets the Platform Apart?

Mashvisor

The rental market’s growth required efficient property management tools. Let’s look at Hostaway reviews to see how the platform fares. Hostaway was created to simplify rental property management.

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Love-infused Living: 16 Ways to Bring Love Into Your Home

Redfin

As we navigate the spaces we call home, there’s an inherent desire to create a living space that feels warm, comfortable, and connected. In this Redfin article, we will look into 16 creative and meaningful ways to bring love into your home. From thoughtfully chosen decor and aromatic additions to personal touches that resonate with cherished memories, these suggestions aim to transform your living space into a haven of love.

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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.