Fri.Feb 10, 2023

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7 power moves top agents are making right now

Inman

Is your desire to grow your business this year? What are you doing right now that your competition isn’t? According to Jimmy Burgess, by focusing on optimizing the efficiencies in your business and serving others with the highest level of service possible, your continued success is inevitable.

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Guaranty rolls out GAssist, a new borrower application portal

Housing Wire

Nashville, Tennessee-based mortgage lender Guaranty Home Mortgage Corporation (GHMC) has rolled out its new borrower online application portal, GAssist. The portal is designed to offer GHMC partners a “unique borrower online application experience” at no additional costs. The GAssist portal will provide its partners, which include community banks, credit unions, and brokers, with tools that will allow them to better manage borrower expectations, from guided originations to processing

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For many NFL players, real estate is a career worth tackling

Real Estate News

In football, a competitive drive and strong work ethic are key to success. No wonder players turn to careers in real estate, which requires similar traits.

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Baret Kechian, top loanDepot LO, sees bidding wars returning to his market

Housing Wire

Beret Kechian, loanDepot ’s top producer and branch manager, is joining a slew of mortgage loan originators who are cautiously optimistic about the mortgage landscape in 2023. Kechian – who was Scotsman Guide ’s eighth top LO in 2021 – saw demand for mortgages triple after the first week of January compared to a month ago as mortgage rates declined and people adjusted to seeing rates at 6%-levels.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Teams on the Move: Douglas Elliman, Realogics, Real and Corcoran gain teams

Real Estate News

The latest movers: Joni Shore Group, Robyn + Rachel Group, The Barron Team, The Prince Team.

More Trending

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How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC]

Keeping Current Matters

Some Highlights In today’s housing market, you can still be the champion if you have the right team and strategy. To win as a buyer, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd.

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Black Knight to sell Empower loan origination software business?

Housing Wire

Black Knight has decided to sell its loan origination software business Empower in a bid to save the $13 billion deal with Intercontinental Exchange Inc (ICE), Reuters reported , citing sources familiar with the matter. The Federal Trade Commission (FTC) has been scrutinizing the ICE-Black Knight deal for months amid mounting concerns from U.S. lawmakers and trade groups over antitrust issues.

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TriangleMLS, WellcomeMat: Video is the new photo in real estate

Inman

The largest multiple listing services in one of the nation’s most sought-after home markets is now helping its members market themselves through video.

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Cooling buyer demand takes a toll on Q4 title profits

Housing Wire

After a quarter characterized by weakening homebuyer demand and some of the highest mortgage rates seen in decade, it was no surprise that Stewart and First American recorded weaker financial results in the fourth quarter of 2022 compared to the same quarter a year ago. The two Big Four title insurers announced their fourth quarter earnings on Thursday, hosting earnings calls with investors and analysts.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Are smart faucets worth the money?

Inman

New smart kitchen faucets from companies like Kohler and Moen can be controlled via voice and app on your phone, but are they worth the cost? Smart home expert Brandon Doyle compared two, and his results may surprise you.

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Mr. Cooper sees a $1.5T MSR opportunity in 2023

Housing Wire

The servicing portfolio propelled Mr. Cooper Group ‘s overall earnings in the fourth quarter of 2022 when cost-cutting initiatives weren’t enough to bring the origination business to profitability. And investors can expect the company to keep growing its servicing business in the months to come. Mr. Cooper reported on Friday it delivered $1 million in net income from September to December, compared to $113 million in the third quarter.

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Luxury Presence rolls out top-down marketing packages for brokerages

Inman

After releasing an interconnected series of lead-generation services, Luxury Presence’s latest offering is a wide-ranging package of top-down marketing solutions for brokerages and agents.

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Luxury Real Estate Headlines: Second Week in February 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Potomac, Maryland | TTR Sotheby’s International Realty The mansion was the formal estate of King Hussein and Queen Noor of Jordan. Washington Commanders Owner Lists Potomac, Maryland, Estate for $49 Million – Mansion Global Greenwich Estate That Held Title of America’s Priciest Home Lists – $150M – The Wall Street Journal Showdown of the Super Bowl LVII Cities: Two Must-See Lis

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Red Oak Realty taps former KW, Pacific Union leader as president

Inman

Nicole Aissa will oversee agent growth and development at Red Oak. She previously worked as an operating principal at Keller Williams.

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Loan Demand Declines as Credit Standards Tighten in Q4 2022

Eye on Housing

According to the Federal Reserve Board’s January 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the fourth quarter of last year—banks reported weaker demand for residential real estate (RRE) loans, home equity lines of credit (HELOCs), and commercial real estate (CRE) loans. Additionally, credit standards tightened across all categories of mortgage loans.

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Courses designed to ‘raise the bar’ don’t go far enough

Inman

It is the little things that happen every day that cause distrust and the accusation that Realtors are not professional enough. Teresa Boardman designs her dream course for raising the bar.

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What Do Sale-to-Listing Ratios Look Like Right Now?

Toronto Realty Blog

TorontoRealtyBlog When was the last time you saw a lawn-sign and it had one of those “SOLD OVER ASKING” riders on the top? I hate those. I always have. As a person who crunches numbers as a form of entertainment, I’ve always maintained, “You can make numbers say anything you want.” I was in a listing presentation in January and the prospective seller asked me, “What is your sale-to-list ratio?

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Clever offers its own take on the lead-referral model

Inman

Clever Real Estate finds its leads with extensive content marketing to educate consumers on a vast range of real estate topics.

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18 Real Estate Valentine’s Day Ideas to Spark Some Client Love

The Close

Many consider Valentine’s Day a “Hallmark” holiday created by greeting card companies to sell more stuff. But I, for one, love sending sweet cards to my favorite people, including past real estate clients and those in my sphere of influence. To me, Valentine’s Day is the perfect time to show your clients how much you care about them and an opportunity to market your services at the same time.

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Buyers are returning to the market — and sellers are following: Redfin

Inman

This week, the Redfin Homebuyer Demand Index, the brokerage's in-house gauge of buyer activity, hit its highest level since September, rising 21 percent from an October low, new data shows.

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What is The Difference Between Pending and Contingent?

Maximum Exposure Real Estate

Contingent vs. Pending vs. Under Contract One of the questions I often field as a real estate agent from buyers and sellers is the difference between a pending home sale and a contingent home sale. Some will also ask what a contingency means as well. The meaning of contingent is not difficult to understand, but […] The post What is The Difference Between Pending and Contingent?

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Mr. Cooper lays out path to $1T mortgage servicing rights portfolio

Inman

Rising mortgage rates have many lenders looking to sell servicing rights, creating an opportunity for a Dallas-based company that now collects payments on $870 billion in loans.

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Slowing Rental Rates Leads to Lower Inflation for Gen Z and Millennial Renters

Broke Agent Media

BAM Key Details: Slowing rental rates lead to lower inflation for Gen Z and Millennial renters taking on a new lease, according to a new Redfin report. Gen Z and millennial renters signing a lease in December 2022 saw their costs of goods and services rise 5.6% and 6.1%, respectively, compared to 6.5% for the typical American. The slowdown in rental rates has led to lower inflation for Gen Z and Millennial renters taking on a new lease—for the first time since the end of 2020.

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Inman’s Top 5 stories for the week of Feb. 3-9 , 2023

Inman

Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Feb. 3-9, 2023.

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4 Tips for Maintaining Good Relationships with Tenants

C4D Crew

A pleasant landlord-tenant relationship can make the renting experience more successful for both landlords and tenants, but building and maintaining a positive relationship requires intentional action and a proactive mindset from landlords. It’s not always easy – a recent survey of 1,500 American renters found that only 6 out of 10 renters have a good or excellent relationship with their landlord.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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A home touted as the priciest in the US a decade ago returns to market

Inman

A Connecticut estate made headlines in 2014 when it sold for a then-record $120 million, making it America's priciest home sale at the time. Now its owners are giving it a shot on the market for $30 million more.

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Basement Living No More: Young Adults Are on the Move

Broke Agent Media

BAM Key Details: NAR reported a decline in the share of young adults aged 25 to 34 living with family members to save money—from 17.8% in 2020 to 15.6% in 2022. Living with family members, due to the flexibility of remote work and the high cost of housing, allowed many to pay off debt and save toward a down payment. Millennials and Gen Z who live with their parents still get flack for it, regardless of their reasons.

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News Corp will slash 1,250 jobs following rough real estate earnings

Inman

Move Inc. revenue fell $23 million in Q4, due to a drop in home sales and referral revenue, according to earnings on Thursday. The company confirmed it was in talks with CoStar about a potential sale.