Tue.Apr 02, 2024

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eXp, Compass top five-year movers by sides, volume: RealTrends Verified

Housing Wire

Independent real estate firms are growing quickly, with flat-fee firms taking three of the top 10 spots by transaction sides when looking at the five year movers (2019-2023) in this year’s RealTrends Verified brokerage rankings. Public independents eXp Realty and Compass show how quickly they grew by dominating the top two spots by both sides and volume.

Brokerage 406
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Northeast and Midwest markets are still sizzling hot

Real Estate News

The regions continue to see significant price growth and elevated buyer activity, but national price growth is expected to slow this year as supply increases.

Marketing 314
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New American Funding onboards top Chicago loan officer 

Housing Wire

New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. Steinway, who closed more than $1.5 billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.

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Why Overpricing Your House Can Cost You

Keeping Current Matters

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong.

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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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Recruiters turn to AI in their quest to lure top agents

Housing Wire

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits. While real estate brokerages have no control over interest rates, transaction levels or home sales prices, they realize that proactive recruiting of agents is a key to success in a slow market.

Agents 343
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Buyer agreements work, sellers still willing to pay: Baird & Warner

Real Estate News

Laura Ellis, chief strategy officer at the Chicago firm, says part-timers may not make it in the post-settlement world, but serious agents will excel.

Agents 257

More Trending

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People on the Move: Promotions at JPAR, Realty ONE

Real Estate News

JPAR president Laura O’Conner adds chief operating officer to her title; David Romero takes on chief customer officer role at Realty ONE + more role changes.

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Freddie Mac House Price Index Increased in February; Up 5.9% Year-over-year

Calculated Risk Real Estate

Note: The Freddie Mac index is a repeat sales index using only loans purchased by Fannie and Freddie and includes appraisals. See FAQs here. Freddie has data for all states and many cities. For house prices, I’m currently following Case-Shiller, FHFA, CoreLogic, (ICE) Black Knight, the NAR median prices, and this Freddie Mac index. Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.1% month-over-month on a seasonally adjusted (SA) basis in February.

Loans 112
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Summer Home Prep Made Easy

Coldwell Banker

Summertime is just around the corner! Whether you’re planning backyard barbecues, lounging in the sun or staying cool indoors, a little proactive summer home preparation can go a long way in ensuring your abode is ready for the season. Rejuvenate Your Home Exterior Tackle your outdoor space by giving your patio or deck a good […] The post Summer Home Prep Made Easy appeared first on Coldwell Banker Blue Matter.

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Open Construction Jobs Rising

Eye on Housing

Due to tightened monetary policy, the count of total job openings for the entire economy has trended lower over the last year. This is consistent with a cooling economy that is a positive sign for future inflation readings. However, the number of open jobs for the aggregate economy was relatively unchanged in February per the.

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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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Brooklyn Listings Six Months Later: Two Sold, Two in Contract

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Park Slope. How did they fare? A one-bedroom with a spacious layout has a number of appealing prewar features, including arched openings, plaster walls, herringbone floors, and original doors. It’s located at… Read More > The post Brooklyn Listings Six Months Later: Two Sold, Two in Contract appeared first on Brownstoner.

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More on Single Agency

BubbleInfo

Most people think that the lawsuits are going to cause lower commissions, but if that happens, it will be in conjunction with the buyer-agents being eliminated. I’m calling it single agency for now. Here is this week’s installment on the evidence supporting my theory. Even though I suspect this is BS like most of the […] The post More on Single Agency first appeared on bubbleinfo.com.

Agents 98
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124 Units in 4 Years by Only Investing in Small Towns and Tiny Markets

Bigger Pockets

In just four years, Dylan Osmon went from having no job, barely any money, and no real estate investing experience to owning over one hundred rental units.

Marketing 103
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Make Your Move Before School Starts

Coldwell Banker

Are you thinking of getting a fresh start in a new home before the back-to-school rush? You’re not alone – and it’s totally doable! With help from a savvy real estate agent, you can navigate the selling and buying process, secure favorable terms and snag the front door keys just in time for the start […] The post Make Your Move Before School Starts appeared first on Coldwell Banker Blue Matter.

Agents 88
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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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Buyer’s Agency Agreement: Buyer Brokerage Contracts Explained

Maximum Exposure Real Estate

A buyer-agency agreement is legally binding between a homebuyer and a buyer’s agent or broker. The contract outlines both parties’ terms, responsibilities, and obligations. It essentially states how an agent and a buyer will work together. There are different types of buyer-agency agreements, including exclusive and non-exclusive arrangements.

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Nonprofit Opens Community Center for Flatbush Gardens Residents

Brownstoner

By Jada Camille, Brooklyn Paper A Central Brooklyn nonprofit is bringing people together with the launch of its community service center within the Flatbush Gardens housing development. The center, opened by Bridging Access to Care in partnership with development firm Clipper Equity, aims to connect residents across the nearly 2,500-unit, 21-acre campus… Read More > The post Nonprofit Opens Community Center for Flatbush Gardens Residents appeared first on Brownstoner.

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30-Day Content Creation Challenge for Agents

The Close

Are you ready to elevate your real estate content? Whether you’ve been in the industry for decades or are just starting, our 30-day content creation challenge will help you boost your social media presence, showcase your real estate expertise, and make a lasting impression on your followers. Start your engines! How the Challenge Works You should be able to share one post a day for the next 30 days.

Agents 105
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Areas of the House to Maintenance or Repair Before Summer Comes

RISMedia

By Kara Masterson Summer is fast approaching, and with it comes warmer weather and longer days. It's the perfect time to enjoy outdoor activities, host barbeques, and spend time with family and friends. However, before you start planning your summer fun, it's important to make sure that your house is in good shape. Here are […] The post Areas of the House to Maintenance or Repair Before Summer Comes appeared first on RISMedia's Housecall.

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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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Daily Links: Brooklyn Areas Prioritized for Safe Bikeways Still Going Without

Brownstoner

In the News Designer Makes Kids Trendsetters at Greenpoint School Club [NYP] City Hall Implements $1.50 Pay Bump for Delivery Workers [NYDN] Crown Heights Charity Gets $1 Million From Mackenzie Scott [Eagle] Divorce Info Pop-Up Event Sparks Tension in Borough Park [BK Reader] No New Protected Bike Lanes in Four ‘Priority Districts’ [Streetsblog] Popular Scandinavian Bakery… Read More > The post Daily Links: Brooklyn Areas Prioritized for Safe Bikeways Still Going Without appeared first

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USC Gould School of Law Launches the Online Real Estate Law Certificate

Realty Biz

The Gould School of Law at the University of Southern California unveiled its latest addition to an already impressive array of graduate certificates: the online Real Estate Law certificate. This program emerges in response to the increasing need for specialized knowledge within the bustling realm of real estate, empowering professionals to elevate their proficiency and deepen their understanding of legal nuances in this vibrant sector.

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How to Save Your Cash Flow When Dealing with a “Problem” Property

Bigger Pockets

How many things can possibly go wrong with ONE rental property? Well, you’re about to find out!

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As graffiti moves from eyesore to amenity, landlords try to cash in

Seattle Times Real Estate

Brands, developers and even city officials are embracing the global appeal of street art, but the boom comes with questions about preserving a neighborhood’s cultural cachet.

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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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Would You Like to Live in a House with no Energy Bills?

Realty Biz

Tilia Homes and Hopkins Homes have recently joined Octopus Energy's 'Zero Bills' program, offering this unique opportunity on several properties. As the cost-of-living crisis continues to bite, we are delighted to join forces with Octopus Energy to offer drastically reduced home running costs for our customers. Not only will this partnership deliver cost certainty to homeowners in a volatile energy market, but we believe it will also help to positively impact how people live sustainably in their

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The Ultimate Guide to Choosing the Right Water Heater for Your Home

RISMedia

By Emma Sturgis Choosing the right water heater for your home can be a daunting task. With so many options available on the market, it's important to consider your specific needs and preferences before making a decision. In this ultimate guide, we will walk you through everything you need to know to make an informed […] The post The Ultimate Guide to Choosing the Right Water Heater for Your Home appeared first on RISMedia's Housecall.

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Housing Market Shows Signs of Thawing, JPMorgan Report Indicates

Marco Santarelli

The housing market , once frozen in the grip of economic uncertainty, is beginning to thaw according to a recent report by JPMorgan. Despite enduring challenges, optimistic indicators are suggesting a gradual rebound in housing activity. One significant factor contributing to the stagnant housing market has been the “mortgage lock” effect. This phenomenon has kept households with locked-in low mortgage rates from moving, fearing higher rates.

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Aidium Mortgage CRM lands $19M in Series A led by PeakSpan Capital

Inman

Founded as Daily AI, Aidium rebranded last year to better align brands it had acquired — Whiteboard CRM and Recruitable.ai — under a single umbrella.

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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.