Trending Articles

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Judge grants preliminary approval of NAR commission lawsuit settlement 

Housing Wire

The National Association of Realtors (NAR) can breathe a small sigh of relief. The trade group’s nationwide settlement of the commission lawsuits has passed its first hurdle as Judge Stephen R. Bough, who oversaw the Sitzer/Burnett lawsuit , granted preliminary approval to NAR’s settlement on Tuesday. While the agreement still must receive final approval from the court, the industry is now one step closer to operating under the new rules outlined in the settlement agreement.

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What You Really Need To Know About Home Prices

Keeping Current Matters

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down.

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Why is housing supply so low? Blame local zoning

Real Estate News

Two U.S. senators are pushing for policy changes that would reduce “exclusionary” zoning regulations and promote local development.

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60-day clock begins for brokerages seeking to opt into $418M NAR deal

Inman

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered.

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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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Should You Invest for Cash Flow or Appreciation? Let’s Reevaluate in an Era of High Interest Rates

Bigger Pockets

For real estate investors, the question of cash flow versus appreciation is as old as time. However, in an era of high interest rates, buying properties for cash flow isn’t easy.

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Finally, some healthy housing inventory growth

Housing Wire

Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25% , something I couldn’t get all last year. Of course, what is different this year versus last year is that new listing data is growing yearly instead of trending at the lowest levels recorded in history. This is something I talked about last week on Yahoo Finance.

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The Best Way To Keep Track of Mortgage Rate Trends

Keeping Current Matters

If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.

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CoStar to acquire 3D scanning company Matterport for $1.6B

Inman

Matterport's board of directors unanimously approved the deal, which will be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting a value of $1.6 billion.

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Wallpaper Removal Cost Guide: DIY vs. Professional Removal

RIS Media

Removing wallpaper can rejuvenate or transform any space. Whether you’re updating your home’s look or preparing to put your house on the market. However, deciding between embarking on a DIY project or hiring professionals involves more than just time and effort. It’s also about understanding the costs involved. I will share my knowledge of the… The post Wallpaper Removal Cost Guide: DIY vs.

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California Association of Realtors CEO resigns

Housing Wire

California Association of Realtors CEO John Sebree has departed the trade organization. In an announcement on Saturday, CAR said that Sebree was resigning to “pursue other opportunities. “On behalf of CAR’s leadership team and the Board of Directors, I’d like to thank John for his contributions and service as CEO and State Secretary for our organization.

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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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Inventory is way up in Florida — but prices are still rising

Real Estate News

Active listings are back to pre-pandemic levels, but home prices — and home insurance costs — keep going up, creating a tough market for buyers and sellers.

Marketing 276
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Is It Better To Rent Than Buy a Home Right Now?

Keeping Current Matters

You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home.

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Flat-fee brokerage Homie makes remarkable pivot amid upheaval

Inman

The Utah-based disruptor "moved our real estate agents from W2 to 1099" while other "non-Homie" agents were laid off last week due to "role redundancy," a Homie spokesperson confirmed to Inman.

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Windsor Terrace Locals Want a Shorter, More Affordable Arrow Linen Project

Brownstoner

Locals called for proportional and contextual development in Windsor Terrace -- rather than high-rises that could set precedent for the neighborhood and beyond -- at a heated community meeting on a proposed 13-story development on Tuesday night. More than 200 residents from Windsor Terrace and surrounding neighborhoods packed Shepherd’s Hall… Read More > The post Windsor Terrace Locals Want a Shorter, More Affordable Arrow Linen Project appeared first on Brownstoner.

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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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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Do you remember the last time you received a letter in the mail, in an envelope, that was hand-addressed to you? People remember snail mail simply because we don’t receive much of it. Emails are easily forgotten, end up in the spam folder, or are never opened at all — but a letter in the mail ensures you occupy your audience’s mindshare for much longer.

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Mortgage interest rates soar above 7%, reaching new 2024 high

Real Estate News

No rate relief is expected soon, and home prices are also setting records this spring, suppressing existing home sales.

Mortgages 315
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Is It Getting More Affordable To Buy a Home?

Keeping Current Matters

Over the past year or so, a lot of people have been talking about how tough it is to buy a home.

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6 ways AI and blockchain will bring more deals to real estate agents

Inman

As the real estate industry continues to evolve, embracing the transformative potential of AI and blockchain technology to gain a competitive edge.

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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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HomeAdvantage Partners With Real Estate Connection

RIS Media

HomeAdvantage—a subsidiary of Jason Mitchell Group Holding Partners—announced a partnership with Real Estate Connection (REC)—a REALTOR® management company and brokerage. REC will now offer the HomeAdvantage product and nationwide MLS for lender accounts. HomeAdvantage is a tech-enabled platform providing nationwide MLS portals along with a nationwide network of real estate professionals, streamlines the home buying… The post HomeAdvantage Partners With Real Estate Connection appeared firs

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US Mortgage Corporation committed to reverse channel, new HECM head says

Housing Wire

New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran Ken Krajewski to serve as managing director and head of reverse mortgage lending. To go deeper into the company’s renewed efforts in the space, RMD sat down with Krajewski and US Mortgage Corporation President Scott Milner about the groundwork the company is laying in the reverse space today, and what it hopes to achieve

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What’s new and what’s next, post-NAR commissions deal?

Real Estate News

The Supreme Court passes on a chance to weigh in, objections pile up, and Fannie and Freddie say it’s all right to exclude commissions from seller concessions.

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Unpaid rent in low-income housing skyrocketed, evictions may be next

Seattle Times Real Estate

Tenants in low-income housing are struggling to pay rent — or refusing, depending on whom you ask. Either way, the debt could hurt affordable housing long-term.

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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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Real estate brokers didn’t fear the lawsuits — until NAR settled: Intel

Inman

Anxiety around commissions leaped to the top of the worries brokerage leaders face, pushing down concerns around inventory and competition, according to Inman Intel Index survey results.

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Seeing Greene: Are Home Warranties Worth It & When to Pay Off Debt vs. Invest?

Bigger Pockets

Should you pay off debt or invest? Many online financial gurus would tell you in a heartbeat that paying off debt is the number one priority…but is that always true?

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Guaranteed Rate appoints two new executives

Housing Wire

Guaranteed Rate made two significant executive appointments, the Chicago -based mortgage lender announced on Monday. CJ Rose was promoted to the role of executive vice president of growth and acquisition, while Chris Hutchens was hired as producing area manager for North Carolina and senior vice president of mortgage lending. Rose will be in charge of recruiting top talent, individuals, groups and companies throughout the industry.

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Brokerage Beat: News from Real, Corcoran, C21, BHGRE, Sotheby's

Real Estate News

Real nabs top Chicago team; Rabbitt Group forms at Corcoran Reverie; Baltimore indie joins C21; Oklahoma firm signs on with BHGRE; Sotheby's opens in Poland.

Brokerage 246
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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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Power Broker Insights: Building Upon a Family Foundation

RIS Media

As a third-generation broker, with both his grandfather and father deeply involved in the company business, Steve Fase II naturally gravitated toward real estate. Growing up, Fase watched them working hard every day to help buyers and sellers, and help agents achieve their goals. The impact of building those relationships over the years piqued his… The post Power Broker Insights: Building Upon a Family Foundation appeared first on RISMedia.

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Let this pro planner help you create a stellar recruitment event

Inman

Event planning is about more than space and catering. Let Liane Dutton guide you through developing an effective call to action and measurable outcomes to ensure recruiting success.

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Big bill comes due for Martin Selig, giant of Seattle office real estate

Seattle Times Real Estate

Veteran Seattle developer Martin Selig is reportedly still trying to refinance a $239 million office loan that comes due next month.

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Former agents continue to file lawsuits against Keller Williams

Housing Wire

Last week, Keller Williams was named to an additional class-action lawsuit, which also takes issue with alterations made to the brokerage’s profit-sharing program. In the past few weeks, 12 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza, Jack Levine and John Exnicios — took legal action against the real estate brokerage by filing a host of class-action lawsuits

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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.