Sat.Feb 25, 2023 - Fri.Mar 03, 2023

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Changing How Homes Are Sold

BubbleInfo

Between the lawsuits that will decouple commissions and homes.com that funnels all inquiries back to the listing agent, the buyer-agents are cooked. It’s just a matter of time. Hat tip to RE News – an excerpt: Florance also detailed his vision for Homes.

Agents 105
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5 ways to find your real estate niche

Real Trends

Are you a real estate generalist? All real estate agents are to some extent. However, specializing in different real estate niches — while also marketing to everyone — can set you up for success in being the expert in that area. Being a real estate agent takes a lot of time and effort, but you can make a great living if you do it right. For real estate agents who want to gain an edge , finding a specific niche to hone can be helpful.

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11 FREE tools for stunning social media graphics on a budget

Inman

Whether you're looking to quickly make easy graphics or informative and engaging content, these free tools offer a wide range of features to help you elevate your social media presence.

Design 153
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Fannie Mae: Appraisals are no longer the default option

Housing Wire

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

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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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An Expert Makes All the Difference When You Sell Your House

Keeping Current Matters

If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale.

Sales 250
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Private Residential Spending Falls Slightly in January

Eye on Housing

Private residential construction spending declined 0.6% in January, as spending on single-family construction decreased 1.7%. It declined on the eighth month in a row amid elevated mortgage interest rates. Moreover, private residential construction is 3.9% lower compared to a year ago. The monthly decline is largely attributed to lower spending on single-family construction, which has been declining since June 2022.

More Trending

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Pending home sales show biggest gain since 2020

Real Estate News

NAR's monthly report found that as mortgage rates declined in January, pending home sales moved upward.

Sales 278
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Maximize Your Return: Tax Filing Strategies for Real Estate Professionals

Broke Agent Media

For most people, tax time is not something to look forward to. And for self-employed professionals like you, it can be downright terrifying. Because unless you’re paying taxes throughout the year, you’ll be paying the government a hefty sum in mid-April. And if you don’t have systems in place to ensure you’re saving enough, that hefty sum may be well over what you’re prepared to pay.

Agents 98
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How a WWII vet’s daughter helps Realtors honor military families

The American Genius for Real Estate

"It all comes down to that respect for the people who’ve dedicated their lives to serve this country." - Military Relocation Professional Certification instructor, Ginni.

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Inflation is high, so why aren’t mortgage rates higher?

Housing Wire

Inflation is hot, so why aren’t mortgage rates over 10% like we saw in the 1970s? Put those disco pants back in the closet; this isn’t the 1970s, John, and the bond market has been saying this to anyone who would listen. Mortgage rates have trended up to over 7% while the 10-year yield has been around 4%, so everything is in the top-end range of my 2023 forecast.

Mortgages 443
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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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What ChatGPT can (and can't) do for agents

Real Estate News

The popular AI tool can be a helpful starting point when writing content like listing descriptions or social posts. But it has its limitations.

Agents 278
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What You Should Know About Rising Mortgage Rates

Keeping Current Matters

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.

Mortgages 238
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Investor activity slows, still makes up 1 in 4 homes sold in US

Inman

New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That's up from about 11 percent in 2001.

Investor 196
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The 7% mortgage is back with a vengeance

Housing Wire

Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down, economists say. The 30-year fixed-rate mortgage on Thursday, March 2 touched 7.10% , up 16 basis points from 6.94 on Wednesday. The most recent survey by Freddie Mac measured 30-year fixed-rate mortgages at 6.65% for the week ending Thursday, driven by the 10-year Treasury surpassing 4.0%.

Mortgages 441
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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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Brokerage Beat: The Agency, BHGRE, JPAR and EXIT expand

Real Estate News

The Agency extends global reach, BHGRE adds two affiliates, JPAR comes to the Bay Area, EXIT aims for "aggressive growth," KW agent opens boutique brokerage.

Brokerage 261
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Equity Gains for Today’s Homeowners

Keeping Current Matters

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

Equity 227
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Analog strategies to improve productivity and performance

Inman

Taking an analog approach is a powerful way to focus the mind, reconnect with the body and devote full attention to the details of a particular client or task. For many, it also fuels creativity and helps them process and retain more information.

Agents 180
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Housing Market Tracker: Higher rates crush purchase apps 

Housing Wire

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Here is a quick rundown from last week: Purchase applications fell 18% week to week and hit levels not seen since 1995.

Marketing 442
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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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Agents Decoded: How to grow your sphere of influence

Real Estate News

Building your SOI is critical to long-term success in real estate. Veteran agent Jay Thompson offers practical tips for growing and nurturing your sphere.

Agents 263
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One Major Benefit of Investing in a Home

Keeping Current Matters

One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability.

Marketing 244
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Debunked! 6 social media myths that can hinder your 2023 growth

Inman

To help you avoid mistakes that will hamper your growth and damage your online presence, social media expert Katie Lance lays out the most common marketing myths and why they’re wrong.

Marketing 179
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Pending home sales jump again in January, but don’t get too excited

Housing Wire

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). After posting a 2.5% month-over-month increase in December , the Pending Home Sales Index rose 8.1% month over month in January to a reading of 82.5.

Sales 428
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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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Does your brokerage business plan include agent retention? It should!

Real Estate News

There's no quick-fix — your agent retention strategy should be as well-thought-out as your lead generation, training or sales programs.

Agents 277
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Luxury Real Estate Headlines: First Week in March 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Valparaiso, Chile | Chile Sotheby’s International Realty This two-story home in Valparaiso, Chile, was built intentionally so the common spaces and bedrooms were exposed to the northwest views of the ocean, beaches and the city of Maitencillo.

Sales 138
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‘Go big or go home’: Opendoor’s high-stakes bid to disrupt real estate

Inman

With billions saved — and lost — Opendoor is living by the creed "go big or go home." Yet even after a dreary Q4, the iBuyer persists, which may be the biggest takeaway, Mike DelPrete writes exclusively for Intel.

Brokerage 179
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Home price growth continued to slow in December

Housing Wire

The 2022 housing market was largely characterized by the swift slowdown in demand caused by rapidly rising mortgage rates. However, even as existing home sales fell 17.8% year over year in 2022, according to data from the National Association of Realtors , home prices still managed to rise 5.8% for the year as a whole, according to the S&P CoreLogic Case-Shiller National Home Price Index , released Tuesday.

MLS 403
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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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Values of Black-owned homes rose the fastest during the pandemic

Real Estate News

Relative to overall home values, Black home values fared well in recent years according to Zillow data. But the racial homeownership gap remains wide.

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Dreams Do Come True: 4 Bedrooms with a View

Sotheby's International Real Estate

Waking up on the wrong side of the bed is nearly impossible in these serene bedrooms, which enjoy mesmerizing views of city skylines, peaceful waters, mountains, sunsets, and clear blue skies. Lumina Penthouse Gregg Lynn | Sotheby’s International Realty – San Francisco Brokerage High atop the prestigious 42-floor Lumina tower, this 2,476-square-foot penthouse—the only one of its kind in the building—includes an open-plan living, dining, and kitchen area with a balcony; a media room or libr

Brokerage 132
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Former KW CEO slams Gary Keller, calls brokerage ‘criminal enterprise’

Inman

Former Keller Williams CEO John Davis says he wants his claims decided through a public trial rather than arbitration. KW says Davis's claims are "unsubstantiated, unwarranted, and disparaging.

Brokerage 164
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How non-QM lender A&D Mortgage grew origination volume in 2022

Housing Wire

When the entire mortgage industry saw volume drop by more than half in 2022, nearly every lender emerged with battle scars. Rising rates caused refinances to dry up, production plummeted, and pink slips were issued to employees. Non-qualified mortgage (non-QM) wholesale lender A&D Mortgage , however, saw origination volume increase by more than 31% to $3.2 billion in 2022, up from the previous year’s $2.2 billion, largely due to improvement in tech that helped pick up market share from compe

Mortgages 397
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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.