Housing Wire

AUGUST 2, 2023

Despite a $35 million net loss in the second quarter, Zillow saw a slight annual increase in revenue to $506 million, beating Wall Street’s estimates. As a result, the company’s executives told investors and analysts that they were pleased with the firm’s second quarter performance, especially in touring, financing, and renting. “Zillow outperformed the broader industry for the fourth consecutive quarter as we navigate a tough real estate market,” said Zillow cofounder and CEO Rich Barton

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Finance Loans Agents Branding 370

RIS Media

AUGUST 3, 2023

The Institute’s Luxury Market Report serves as your guide for analyzing trends and comparative data in the top residential markets across Canada and the United States. The report for July provides a review of the current statistics for the luxury market in North America on a month-over-month basis, as well as the 13-month trend. As… The post July Report: North American Luxury Market Remains Strong for Sellers appeared first on RISMedia.

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Marketing Residential Industrial Agents 98

Inman

AUGUST 3, 2023

"Catching Real right now is like catching a wave," Kofi Nartey said. He sees the brokerage's sweeping growth and adoption of technology as the way of the future.

Brokerage 148

Brokerage Technology As-is Agents 148

The Close

AUGUST 3, 2023

A real estate domain is your online identity—the name (or technically the address) of your website, your www. hereiamworldreadytosellrealestate.com. It’s what people will type in to find you on the World Wide Web. It’s unique to you and should be a part of your overall branding and marketing strategy. When it comes to choosing great real estate domain names, our friend Bruce Ailion is hard to beat.

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Branding Land Agents As-is 98

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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.

Agents

Realtors Property Resource

AUGUST 1, 2023

In this class, we’ll review how to use the Realtors Valuation Model® (RVM®) to get a quick estimate of a property’s value. From there, we’ll dive into additional RPR pricing tools to help you create an in-depth valuation of any property. The post Accurate Property Pricing with RPR CMA Tools appeared first on Realtors Property Resource (RPR).

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Brownstoner

AUGUST 2, 2023

There were two very talented architects named “Gilbert” working in Brooklyn and New York City at the turn of the 20th century and beyond. Many people confuse them, but Frank W. Woolworth hired both. Charles Pierrepont Henry (C.P.H.) Gilbert designed gorgeous brownstone, brick, and terra-cotta mansions in Brooklyn and gleaming… Read More > The post Architect Cass Gilbert Designed Innovative and Inspiring Public and Commercial Buildings appeared first on Brownstoner.

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Commercial Design 98

Real Estate News

JULY 29, 2023

Amid a new wave of reports of the dangers of working as a real estate agent, Jay Thompson says the industry must take steps to improve safety for all agents.

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Inman

JULY 31, 2023

The move comes eight months after the firm rolled out its agent success services, Inman has learned. A Southwest BHHS franchisee also recently announced an agent benefits package.

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Agents Brokerage 148

The Close

AUGUST 4, 2023

If you’re relatively new to cold calling, getting hung up on or dealing with objections might have made you throw in the towel. What if I told you there is a way to minimize these common objections and never get hung up on again? OK, so you will still get hung up on… obviously, this isn’t magic. However, my team has used these simple scripts for years to deflect the objections that lead to the most hang-ups.

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Agents As-is Industrial New Construction 111

Housing Wire

AUGUST 4, 2023

Mortgage rates are finally headed lower after a crazy week of jobs data showing that the economy isn’t going into recession. Job growth is slowing as we get closer and closer to the target range of the make-up demand in labor, but it hasn’t broken yet. What do I mean by a make-up demand in labor? Assuming we had no COVID-19 and the economy continued as it had been — which was running at the most prolonged economic and job expansion ever recorded in history — we would be between 157 million ̵

Mortgages 370

Mortgages Staging As-is Closing 370

Advertiser: Trellis

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.

Loans

Real Estate News

AUGUST 2, 2023

Emily Chenevert, CEO of ABoR and the newly rebranded Unlock MLS, wants Austin buyers and sellers to associate "MLS" with more than just soccer.

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MLS 246

Inman

JULY 31, 2023

Changing of the guard demonstrates mortgage is just one component of a larger fintech strategy, with former Intuit, PayPal exec set to succeed interim CEO Bill Emerson on Sept. 5.

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Mortgages Industrial 148

RIS Media

AUGUST 4, 2023

The Houston Association of Realtors (HAR) and an AI solutions company Lundy Inc., have announced a voice-activated, ChatGPT-powered search service. This new tool offers a comprehensive home-buying experience for blind and visually impaired home buyers and sellers, the company stated. By using their voice, consumers can search listings on HAR.com via Amazon’s Alexa-powered devices by… The post HAR Launches Voice-Activated Search Tool appeared first on RISMedia.

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MLS Technology Industrial Agents 98

Housing Wire

AUGUST 4, 2023

Despite a 10.6% annual decline in revenue and a 6.3% drop in U.S. agent count, RE/MAX Holdings , the parent company of the real estate giant RE/MAX , stayed in the black during the second quarter of 2023. Overall for the quarter, RE/MAX generated a net income of $2 million, down from $5.8 million a year ago, as its revenue dropped to $82.4 million. The firm attributed this to negative organic growth due to lower broker fee revenue and reduction in U.S. agent count, but it noted that it was parti

Agents 370

Agents Mortgages Brokerage Branding 370

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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.

Sales

Real Estate News

AUGUST 1, 2023

The two former rivals and popular home-search sites extend their connection beyond 3D Home, with Redfin calling Zillow listings “a new revenue opportunity.

New Construction 242

New Construction Construction 242

Inman

AUGUST 2, 2023

In the last month, the East Coast-based brokerage has made two strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island.

Brokerage 148

Brokerage Marketing 148

Maximum Exposure Real Estate

AUGUST 4, 2023

Solar panel costs and their value are important considerations for homeowners. Factors like installation, panel quality, and incentives can impact the overall cost. Understanding the potential savings and payback period is crucial. Financing options, including leasing and loans, play a role in making solar panels more accessible. Additionally, solar energy offers environmental benefits and can […] The post How Much Do Solar Panels Cost For Homes?

Finance 98

Finance Loans 98

Housing Wire

AUGUST 4, 2023

eXp World Holdings faced headwinds in the second quarter, as persistently slow real estate sales drove the company’s revenue down 13% year-over-year to $1.2 billion, executives disclosed on Thursday. Despite the decline in revenue, the holding company for eXp Realty maintained profitability with a net income of $9.4 million, up from $1.5 million in the first quarter of 2023 and $9.3 million in Q2 2022.

Brokerage 370

Brokerage Agents Sales Mortgages 370

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.

Agents

Real Estate News

AUGUST 4, 2023

Nearly a quarter of homeowners are considering selling in the next 3 years, according to a Zillow survey — a significant increase over prior surveys.

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Inman

AUGUST 4, 2023

The company intends to prepare agents and homeowners for the "millions of new high-performing homes improved through the Inflation Reduction Act (IRA)," according to an announcement.

Agents 148

Agents Renovation Marketing 148

RIS Media

AUGUST 4, 2023

The newest generation of consumers is stepping into the home-buying scene—Generation Z. Although the characteristics and preferences of this generation (born between 1999 and the early 2010s) are still evolving, a segment is already actively buying and selling real estate. According to the National Association of REALTORS®’ (NAR) 2023 Home Buyers and Sellers Generational Trends… The post CRD Connect: Appealing to Gen Z Homebuyers appeared first on RISMedia.

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Housing Wire

AUGUST 4, 2023

Coldwell Banker Premier announced a merger with Coldwell Banker Professional Real Estate Services along with all of its sales associates, which further expands Coldwell Banker Premier’s office footprint into Cumberland, Maryland, and surrounding markets. This is the sixth merger by Coldwell Banker Premier since the beginning of 2022. Coldwell Banker Premier was named a 2023 RealTrends GameChanger for its 76% transaction side percentage growth over five years (2018-2022.

Agents 370

Agents Sales As-is Marketing 370

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.

Agents

Real Estate News

JULY 31, 2023

In a letter to members, Cory Shepard vowed to lead the organization into a new chapter after the former CEO was accused of embezzlement.

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Inman

AUGUST 4, 2023

Home transactions may be down, but you wouldn't know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the U.S. Bureau of Labor Statistics.

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Brokerage Marketing Construction Residential 148

RIS Media

AUGUST 4, 2023

In the world of real estate, a realm exists beyond traditional marketplaces and listings. These are the off-market houses – not publicly advertised or listed for sale. While most buyers and sellers turn to real estate agents and online listings to navigate the market, off-market properties offer a unique and potentially rewarding avenue for those… The post Exploring Off-Market Houses: Unveiling Hidden Opportunities appeared first on RISMedia.

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Marketing Agents Sales Industrial 98

Housing Wire

AUGUST 4, 2023

Rates are high, housing inventory is down, and competition for new originations is fierce. Leaders across mortgage and banking are turning to their marketing partners with some variation of the same ask: “We need to improve the effectiveness and profitability of our campaigns, increase originations, and oh, by the way, budgets have been slashed — so any ideas better be cost-effective.

Banks 369

Banks Branding Mortgages Marketing 369

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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.

Agents

BubbleInfo

AUGUST 4, 2023

It’s good to see that last month had more sales (159 vs 147) than in June – which also had two more business days! Let’s combine the two months to soften the July drop median sales price and compare to previous years.

Sales 98

Sales Marketing 98

Inman

AUGUST 4, 2023

EXp's revenue fell 13 percent from the second quarter of 2022 to $1.2 billion, and its gross profit decreased 10 percent to $96.5 million, according to an earnings call Thursday afternoon.

Brokerage 148

Brokerage Technology Agents 148

RIS Media

AUGUST 4, 2023

Ask any real estate professional about the macroeconomic challenges they’re facing today, and you’ll get an answer including both “inflation” and “interest rates.” As the former one grows, the latter does, too. The Federal Reserve’s latest meeting on July 27 saw the board raise interest rates another 25 basis points. This came despite them pausing… The post Job Gains Slow, but Remain Solid–Here’s What It Could Mean for Housing appeared first on RISMedia.

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Industrial Marketing 98

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Yet, even the most brilliant leaders in AI have a difficult time envisioning how AI will transform the world in five years. So how can real estate agents be so cavalier about their job?

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Agents Technology Development Industrial 370

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.

Sales