Tue.May 02, 2023

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You can’t buy what’s not for sale in the housing market

Housing Wire

The housing market functions differently than other markets because it can be characterized as a heterogeneous, thinly traded, illiquid market. In other words, it’s a diverse market with a wide variety of different homes of varying ages and levels of repair, and sales happen very rarely. And there’s another thing that separates the housing market from other markets — the buyer is often also the seller.

Sales 389
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Bob Hale: 50 years at HAR, and the pursuit of greatness

Real Estate News

During his five decades as a member of HAR and 35 years as president and CEO, Hale has driven innovation in his organization and the industry at large.

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Homes for Heroes is making a difference in the lives of Minneapolis Firefighters

Housing Wire

Homes for Heroes (HFH) wants to find a home for every public service worker in Minneapolis, Minnesota. Their efforts to lower housing costs and cover the fees associated with buying a home are available for first responders, teachers, healthcare workers and military personnel. In the 20 years since the organization’s founding, HFH has helped thousands of families save millions of dollars on their home-buying journey.

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Home prices up modestly, with bigger gains in the forecast

Real Estate News

CoreLogic’s home price report for March found that prices in the U.S. increased 3.1% annually, though gains (and losses) varied across the country.

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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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Go Mortgage names Jessica Manna as chief marketing officer

Housing Wire

Columbus, Ohio-based Go Mortgage has announced the appointment of Jessica Manna as its chief marketing officer. In her new role, Manna will be responsible for overseeing all marketing initiatives and strategies to promote Go Mortgage’s brand further and drive business growth. Manna joins the mortgage lending company with over 20 years of experience in mortgage marketing and branding.

Mortgages 358
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Shark Tank star’s advice for 'fellow sharks' in real estate

Real Estate News

Daymond John knocked on the right door to grow the FUBU brand and his own career, with a lot of hustle and a little help from LL Cool J.

Branding 263

More Trending

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'Extremely challenging' market contributed to eXp's mixed results in Q1

Real Estate News

The cloud-based brokerage reported declines in revenue and transactions, but ended the quarter in the black and boosted agent count.

Brokerage 253
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Snapdocs, Finastra LOS integrate to support Trustmark eClosings

Housing Wire

Snapdocs , a leading digital closing platform for the mortgage industry, has announced a new integration with Finastra ‘s Mortgagebot loan origination system (LOS) to support Trustmark ‘s eClose transformation. With this integration, Trustmark’s lenders nationwide can execute closings in a centralized workflow to drive faster closing times, reduce operating costs and enhance the borrower experience. “Our partnership with Snapdocs further validates our work to create a sol

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CoStar’s Andy Florance takes direct aim at Zillow

Real Estate News

The CoStar CEO said that Homes.com’s ‘Your listing, your lead’ model is better for agents and consumers.

Agents 262
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A Recession Doesn’t Equal a Housing Crisis

Keeping Current Matters

Everywhere you look, people are talking about a potential recession.

Marketing 231
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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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Carte Blanche returns to Compass after 3 years with The Agency

Inman

The three-person New York City team is returning to Compass to further expand into luxury markets and take advantage of the company's technology offerings, according to team leader Aaron Seawood.

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Improving a Credit Score to Help Buy a Home

RIS Media

If your credit has taken a bit of a hit, you must make changes to rebuild your score. With a higher credit score, applying for a mortgage with better terms and lower interest rates will be easier. This could give you the credit score needed to buy a house with the terms you want. Increasing… The post Improving a Credit Score to Help Buy a Home appeared first on RISMedia.

Mortgages 145
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The Agency enters Idaho with new Boise franchise

Inman

Operations at the office, which marks the brokerage's 81st location globally, will be a family affair led by managing partners and couple Mike and Robyn Moir, alongside their daughter and partner Rachel Moir.

Brokerage 149
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Construction Job Openings Trending Lower

Eye on Housing

The count of open, unfilled jobs for the overall economy declined again in March, falling to 9.6 million, after an 11.2 million reading in December, which was the highest level since July. The count of open jobs was 12 million a year ago in March 2022. The count of total job openings should continue to fall in 2023 as the.

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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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Frank Major, trailblazer who carved path as Bright MLS’s first CTO, dies

Inman

Frank Major was known for his kindness, brilliance and contributions to real estate innovation. "Like many of us, I will greatly miss his friendship," Bright MLS CEO Brian Donnellan said.

MLS 146
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4 Strategies for Finding New Real Estate Clients

RIS Media

The success of any real estate business hinges on the ability to continuously find new clients. According to research, nearly three-quarters of all real estate agents say their No. 1 challenge is getting client leads. Therefore, building a personalized plan to get the clients you need should be an essential part of your overall strategy. … The post 4 Strategies for Finding New Real Estate Clients appeared first on RISMedia.

Agents 117
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ChatGPT: The AI assistant you need for your real estate business

Inman

How will new innovations and technologies change the way agents work? Join Jim Dalrymple II and Kent Czechowski as they unpack everything you need to know in this Inman Access class.

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First Republic’s Fate Sparks Debate on Future of U.S. Banking and Fed Policy

RIS Media

Another variable has been added to the turbulent U.S. banking system equation as First Republic Bank has become the latest casualty in a trend that has many questioning the health of the nation’s banks. While many are reeling following the demise and subsequent sale of the San Francisco-based bank, onlookers and pundits in the real… The post First Republic’s Fate Sparks Debate on Future of U.S.

Banks 114
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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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Corcoran Group grows presence in NJ with 109-agent franchise

Inman

Corcoran has expanded its presence in New Jersey with the addition of Corcoran Infinity Properties, according to an announcement on Tuesday. Noted luxury real estate broker David Arabia will lead the 109-agent franchise, which operates out of three offices in Alpine, Cresskill and River Vale boroughs in Bergen County.

Agents 145
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Demand for Luxury Housing Outpaces Supply Moving Further Into 2023

RIS Media

The luxury housing market in the first quarter of 2023 is currently in the midst of an ongoing re-alignment from its overheated state of the last two years, yet it remains resilient as high-net-worth consumers continue to view real estate as a sound investment. This is all despite gyrations in financial institutions and global governments,… The post Demand for Luxury Housing Outpaces Supply Moving Further Into 2023 appeared first on RISMedia.

As-is 107
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EXp Realty posts revenue decline as transactions and sales dip in Q1

Inman

EXp World Holdings tallied a 16 percent decrease in revenue in Q1 as transaction sides and volume at its brokerage, eXp Realty, fell by 10 percent and 20 percent, respectively, according to an earnings call on Tuesday.

Sales 142
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How to Attract Home Buyers to Your Real Estate Website a Guide for Agents

Realty Biz

As a real estate agent, one of your primary goals is to attract home buyers to your real estate website. Your website is your digital storefront and represents your brand online. It's the first place potential clients will go to learn more about you and your services, so it's essential to make a great first impression. Here are some tips on how to attract home buyers to your real estate website: Optimize your website for search engines Search engine optimization (SEO) is critical for attracting

Agents 103
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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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How to use real estate tax credits to boost your investment returns

Inman

Real estate tax credits are incentives provided by governments and municipalities to encourage investment in certain types of real estate projects. Here's how to take advantage.

Investor 138
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John L. Scott Announces New Office in Washington State

RIS Media

John L. Scott Real Estate has announced the opening of a new real estate office, Clark County West, located in Ridgefield, Washington. The city has easy access to both Portland and Vancouver, making it a smart location, the company said. Clark County West is strategically positioned to serve the growth and development of regions including… The post John L.

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Be prepared for bad news — and learn how to deliver it to clients

Inman

Bad news is just part of the reality for real estate agents. Here's how to deliver it effectively while ensuring clients are properly prepared and educated.

Agents 149
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The CE Shop Launches New Licensing Course in Montana

RIS Media

The CE shop has launched a new Salesperson Real Estate licensing course. This 70-hour course, with packages ranging from course only to course plus Exam Prep Edge, credits for future Continuing Education, and a Pass Guarantee, The CE Shop has all the education for a successful career jumpstart. Streamlined and flexible learning with features that… The post The CE Shop Launches New Licensing Course in Montana appeared first on RISMedia.

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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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What should landlords do — or not do — when tenants are late on rent?

Inman

Should investment property owners be lenient with overdue rent payments? When should landlords start the eviction process? Experts share tips on how to deal with delinquent tenants.

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Agents: What happens when a client becomes a relocating transferee?

Real Trends

It’s the dreaded phone call. A person calls out of the blue to inform you that a client you have had for 10 years is part of a relocation program, has become a transferee, and you now owe a giant referral fee on the listing or the buy side. How can this even be? They are MY client. Or, at least they were before their company offered them a new position that provides relocation benefits.

Agents 101
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What’s the worst part about being a landlord? Zillow found out

Inman

More people are becoming landlords. From making repairs to finding reliable tenants, here's what they had to say about maintaining a rental.

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LeadingRE Lauds Jack Conway’s Website for Excellence

RIS Media

Jack Conway has been awarded the Website Quality Certification (WQC) from Leading Real Estate Companies of the World®. The certification was presented in recognition of excellence in website design, content and functionality. Jack Conway’s website (jackconway.com) received high marks in a variety of critical areas relating to website performance, including usability, design, content, interactivity, customer… The post LeadingRE Lauds Jack Conway’s Website for Excellence appeared firs

Design 101
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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.