Sat.Mar 09, 2024 - Fri.Mar 15, 2024

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What to Do When a House Isn’t Selling

RIS Media

It can be frustrating and concerning when your house has been on the market longer than expected. You’ve made memories in this home and are likely looking forward to starting a new chapter elsewhere. However, when the sale stalls, it’s crucial to reassess your strategy. We will explore five actionable steps to boost your home’s… The post What to Do When a House Isn’t Selling appeared first on RISMedia.

Sales 122
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5 currently trending AI tools that will get your business growing

Inman

AI tools are poised to revolutionize every aspect of real estate, Jimmy Burgess writes. Step out of your comfort zone, and put his recommendations to work for you.

Branding 169
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HUD sued over alleged failure to refund mortgage insurance premiums

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it failed to refund nearly $385 million in mortgage insurance premiums (MIP) to borrowers over a period of more than two decades. The lawsuit was previously reported by National Mortgage News and Law360. The proposed class-action lawsuit brought by Florida resident Tricia Sarmiento claims that HUD has failed to issue refunds tied to MIP payments on mortgages backed by the Federal Housi

FHA loan 474
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What agents need to know about commission rule changes

Real Estate News

As a part of its proposed settlement, NAR agreed to significant policy changes that will impact how all agents do business — and how buyer agents get paid.

Agents 358
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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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Finding Your Perfect Home in a Fixer Upper

Keeping Current Matters

If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper.

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WATCH LIVE: Ed Zorn, NextHome CEO on the $418M NAR settlement

Inman

NextHome CEO James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackle NAR's big settlement. Stream it live, exclusively at Inman.

MLS 195

More Trending

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94 brokerages left out of NAR commissions deal. What’s next?

Real Estate News

Top companies and MLSs outside the settlement can take part in a streamlined process to pay into a fund — but it could cost millions.

Brokerage 354
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Your Home Is a Powerful Investment

Keeping Current Matters

Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash.

Marketing 260
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Hilton heads back to campus with $210M Graduate Hotels acquisition

Inman

Hilton Worldwide Holdings has agreed to pay $210 million for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations biggest college towns.

Branding 183
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

The National Association of Realtors (NAR) settlement of commission lawsuits nationwide is expected to force mortgage lenders and loan officers to find new ways of approaching listing agents and borrowers, give LOs a more significant role in the home-buying process, and encourage housing professionals to pursue dual-licensing, industry experts told HousingWire.

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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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Strong reactions to NAR commissions deal

Real Estate News

Opinions on the settlement range from concern that it will “spell disaster” for buyers to optimism that the quality of agent services will improve.

Agents 322
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Why Today’s Seller’s Market Is Good for Your Bottom Line

Keeping Current Matters

Thinking about selling your house and wondering if now’s a good time to do it?

Marketing 264
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Case-Shiller is a go-to source for prices — but know these blind spots

Inman

Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to fill in the gaps.

Sales 185
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Will mortgage rates keep heading lower? 

Housing Wire

We survived jobs week and Federal Reserve Chairman Jerome Powell talking to Congress, with mortgage rates ending the week below 7%. But will mortgage rates keep heading lower? If so, what will this do to inventory levels? Let’s look at this week’s tracker data to get clues for the future. Mortgage rates and the 10-year yield The 10-year yield is the key for all my housing work, so I focus on it religiously.

Mortgages 482
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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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NAR reaches $418 million deal to settle commissions lawsuits

Real Estate News

The settlement, which still requires court approval, adds a new rule prohibiting offers of broker compensation on the MLS.

MLS 325
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Housing Affordability Conditions Made Progress in January 2024

NAR: Economic Outlook

Housing Affordability Conditions Made Progress in Janua At the national level, housing affordability increased in January 2024 compared to the previous month, according to NAR’s Housing Affordability Index.

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Born into real estate royalty, Farrah Brittany makes the tough look easy

Inman

Brittany started out as an assistant at The Agency when it first opened its doors in 2011 and is now one of the firm's most rock-solid agents. She said her family's connections and her own work ethic have helped shape her career.

Agents 176
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Dividing a house in divorce can be costly and emotional

Housing Wire

If a couple decides to dissolve their marriage, something that is often described as a “third character” in the proceedings is the couples’ home. Finding a way to divide a home can be financially and emotionally fraught. And it often takes on more significance than other items due to the home typically being a couple’s most valuable asset — and because of the complex emotions often intertwined with it.

Equity 467
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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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OJO acquires The LEAD Syndicate, launches new platform

Real Estate News

Along with the acquisition, the companies unveiled a new solo agent suite called Lever by Movoto and said OJO products will now use the Movoto brand.

Branding 275
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House Selling Tips For a Successful Sale

Maximum Exposure Real Estate

How to Sell a House Do you want some of the best advice on how to sell a home? Who wouldn’t? Selling your home will take some work, but just because it will take effort does not mean it needs to be any more complex than necessary. By being smart about how you use your […] The post House Selling Tips For a Successful Sale appeared first on Maximum Real Estate Exposure.

Sales 130
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Mastering listing presentations: Your guide to consistent success

Inman

Watch the latest Inman Access class to hear top performers share their best practices for listing presentations and how to consistently win listings and build lasting relationships with clients.

Agents 176
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Mortgage market consolidates around largest nonbank firms: Fitch

Housing Wire

The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. Fitch expects additional consolidation in the industry as profitability remains constrained by a challenging origination environment.

Mortgages 460
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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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Mortgage rates see biggest weekly drop since December

Real Estate News

Rates eased this week, but they will likely remain elevated throughout the spring months as the Fed waits to take action on interest rates.

Mortgages 282
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Mortgage Rates Dip for Second Straight Week

RIS Media

The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.66% to an average of 6.74% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.74%, down from last week when it averaged 6.88%. A year… The post Mortgage Rates Dip for Second Straight Week appeared first on RISMedia.

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5 ways luxury real estate balances tradition and innovation

Inman

Finding the harmony between tradition and innovation in luxury real estate, Mauricio Umansky writes, is about tapping into time-honored practices while still leaving room for improvisation and creativity.

Brokerage 173
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Rising home insurance costs are adding pressure for buyers: Insurify

Housing Wire

The dream of homeownership is becoming increasingly elusive for many Americans as both home prices and insurance premiums are on the rise. Over the past decade, home prices have nearly doubled, according to the S&P CoreLogic Case-Shiller national index. Homeowners insurance premiums are climbing too. The average cost of insuring a $300,000 property surged by 12% in 2023, reaching $1,770 per year, according to a recent Insurify report.

As-is 450
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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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Will NAR ‘become a shadow of its current self’ in 2 years?

Real Estate News

The association reported a fourth month of membership declines, with membership falling below 1.5 million for the first time in nearly three years.

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Avoid Common Mistakes in Real Estate Listing Descriptions

RIS Media

In the competitive world of real estate, the power of a well-crafted listing description cannot be overstated. It’s the first impression potential buyers have of a property, and a home description plays a crucial role in attracting interest and driving sales. If photography is king, property descriptions are queen in importance. However, creating an effective… The post Avoid Common Mistakes in Real Estate Listing Descriptions appeared first on RISMedia.

Sales 126
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MoxiCloud welcomes RealReports to its network

Inman

RealReports uses artificial intelligence to curate and categorize listing documents, data and insights, pulling from a wide range of sources for consumer-facing use in an array of sales environments, but especially listing presentations and home search.

Sales 173
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Hispanic homeownership rate rose to 49.5% in 2023: NAHREP

Housing Wire

Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 Hispanic owner households from the previous year. In total, more than 9.5 million Hispanic households own their home, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2023 State of Hispanic Homeownership Report released on Tuesday.

FHA loan 454
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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.