Fri.May 12, 2023

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4 Proven Strategies for Finding Off-Market Inventory

RIS Media

When there is a high demand for buyers in a low inventory market, learning to find and create off-market listings can set you apart from other agencies. “Off-market listings” or “quiet listings” are homes that are for sale but aren’t listed on multiple listing services (MLS). My team and I have found certain tactics to… The post 4 Proven Strategies for Finding Off-Market Inventory appeared first on RISMedia.

Marketing 106
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Home Point, soon to be defunct, delivers $28M loss in Q1

Housing Wire

Home Point Capital reported another quarterly loss on Friday morning, just two days after announcing that it is being sold to Mr. Cooper Group for $324 million in cash. The transaction will result in the company shutting down in the coming months. In the first quarter, Home Point’s origination and servicing businesses were in the red amid declining production volumes and a negative change in the fair value of its mortgage servicing rights (MSR).

Principal 396
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Get ready, say MLS leaders — change is coming

Real Estate News

CEOs from five of the country's largest MLSs discussed the challenges (and progress) in making MLS organizations more efficient and collaborative.

MLS 277
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The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]

Keeping Current Matters

While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.

Marketing 253
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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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NAR mandates fair housing training for all members

Real Estate News

The Realtor association will now require its more than 1.5 million members to complete fair housing coursework every three years.

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Consumers finally get it: Mortgage rates are probably going down

Inman

A more optimistic outlook of where mortgage rates are headed drives the largest increase in Fannie Mae's Home Purchase Sentiment Index in more than two years.

Mortgages 174

More Trending

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Compass to launch network aimed at relocating medical professionals

Inman

Moving Medicine Partners will launch as a national network of agents later this month with St. Louis relocation specialist Zoe Cangas leading the new initiative, Inman has learned exclusively.

Agents 167
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Rookie Reply: Real Estate “Travel Hacks” We Use to Score FREE Vacations

Bigger Pockets

Using your real estate business to fund your DREAM vacation—with all or most expenses paid!?

Investor 132
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The agent’s guide to testimonials and reviews

Inman

Word of mouth (the digital kind) comes from online feedback in the form of reviews and testimonials. Find out how to gather and use good words from your past clients to attract your next ones.

Agents 167
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4 Things to Research Before Buying a House

RIS Media

When searching for your next home, you are likely focused on the location, the number of bedrooms, the features, and more. But what you might not be thinking about is the property history. Even if the home fits your requirements and the price is right, the home could be hiding a checkered past. Finding out… The post 4 Things to Research Before Buying a House appeared first on RISMedia.

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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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Help first-time buyers (and their pets) find a fur-ever home

Inman

Increases in pet ownership mean that many of your buyers are focusing on providing the right type of home environment for their fur-babies.

Agents 167
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Lending Standards Tighten for Residential and Commercial Real Estate Loans in Q1 2023

Eye on Housing

According to the Federal Reserve Board’s April 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the first quarter of 2023—banks reported that lending standards tightened for most residential real estate (RRE) and commercial real estate (CRE) loan categories. Demand for RRE and CRE loans weakened across all categories over the quarter.

Lending 118
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Spring market falls short, but low inventory is driving up competition

Inman

New listings were down 19 percent during the four-week period ending May 7, while pending home sales were down 16 percent, according to a new report from Redfin

Marketing 167
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The Art of Listening: How It Can Change Your Life

RIS Media

How well do you listen? What are the motivations and expectations of your clients and audiences? Early in my life I learned to listen. It started at the kitchen table with my father, a rising star executive with Xerox. I remember the stories he would tell us after attending Xerox training programs in Lynchburg, Virginia,… The post The Art of Listening: How It Can Change Your Life appeared first on RISMedia.

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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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Keller Williams’ global footprint soars as domestic sales slide 27%

Inman

Continued market volatility pushed Keller Williams' first-quarter U.S. and Canadian transaction sides down 27.1 percent annually. Meanwhile, its KW Worldwide operations soared with double-digit growth, according to its Q1 earnings report.

Sales 167
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Ask the Newsmakers: Tried-and-True Tech Tools

RIS Media

It seems like every day there’s a new piece of technology that claims to “revolutionize” real estate. Even if that promise falls short, these innovations can still be useful for conducting and building your business. At the same time, you shouldn’t rely on technology alone. To that end, we asked a few of our 2023… The post Ask the Newsmakers: Tried-and-True Tech Tools appeared first on RISMedia.

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10 things that are killing deals in 2023 (and how to avoid them)

Inman

This market will be another badge of honor we can add to our resume, and will position us to be the best possible advisors to clients and prospects.

Marketing 167
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Mortgage Mix: FHFA Drops Controversial Rule; LoanDepot Stock Jumps

RIS Media

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -After intense pushback from the industry and the general public, the Federal Housing Finance Agency (FHFA) rescinded a planned rule that would recalculate mortgages based on credit score, which was intended to subsidize higher-risk borrowers.… The post Mortgage Mix: FHFA Drops Controversial Rule; LoanDepot Stock Jumps appeared first on RISMe

Mortgages 112
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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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Busy mom agents want these 5 things for Mother’s Day

Inman

Real estate moms don’t want flowers, cards or candy this year. Here are five things that are guaranteed to be on their wish list.

Agents 167
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LeadingRE Adds CB4C to Solutions Group Program

RIS Media

Leading Real Estate Companies of the World® announced its inclusion of CB4C to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. CB4C is a cash flow solutions company, using proprietary technology that creates a less than 15 minutes agent experience. “We are excited to partner… The post LeadingRE Adds CB4C to Solutions Group Program appeared first on RISMedia.

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NAR votes to require fair housing training for all 1.5M Realtors

Inman

Members will be required to complete two hours of fair housing training every three years beginning in 2025 following a vote Thursday by the National Association of Realtors' board of directors.

MLS 167
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How to Fortify the Client Connection to Future-Proof Your Business

RIS Media

In today’s competitive and rapidly evolving landscape, building strong client relationships is essential for the long-term success of your real estate business. Creating a client-centric approach to business, developing effective communication strategies and utilizing the right technology will help streamline communication for your agents and clients, resulting in better business for your brokerage.

Brokerage 111
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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 recession is looming. How will it affect real estate?

Inman

The bad news is that a recession is on the horizon. The good news? People will move anyway, driven by a host of other factors.

Agents 167
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The Power Broker Interview: Why Rick Haase Says His Team’s Commitment and Support ‘Is Like Nothing I’ve Seen’

RIS Media

Editor’s Note: RISMedia recently released its 2023 Top 1,000 Power Brokers, exclusively for RISMedia Premier Members. In this special interview series, we talk to some of our top-ranking brokers to garner their insights and strategies for sustaining their firms’ success. For more information, click here. Whether his firm is navigating the highest market surges, softer,… The post The Power Broker Interview: Why Rick Haase Says His Team’s Commitment and Support ‘Is Like Nothing I’ve S

Marketing 111
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7 time-sucking activities real estate agents can’t quit

Inman

Tackle these common time sucks head-on and implement effective strategies to streamline your day-to-day tasks.

Agents 167
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We Want Your Help! Time Almost Up to Participate in RISMedia Contract and Commission Survey

RIS Media

For the second year in a row, RISMedia is diving deep into a topic that is rarely analyzed, and has become an especially urgent conversation in the industry: compensation. Covering everything from desk fees to splits and caps, RISMedia’s study of industry contracts and commissions is about to close—but it isn’t too late to be… The post We Want Your Help!

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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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Fed mistakes, membership dues, contract issues: Inman’s Top 5

Inman

Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.

Brokerage 167
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Creating a More Equitable and Diverse Industry

RIS Media

Committed to empowering women and minorities in the real estate industry through education, mentorship and advocacy, Ige Johnson—founder, president and CEO of the Ige Johnson Group at eXp Realty—is pushing the bounds to make the real estate industry better for everyone. In this exclusive interview, Johnson talks candidly about what drew her to real estate,… The post Creating a More Equitable and Diverse Industry appeared first on RISMedia.

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Built by 3 MLSs, search portal Nestfully should have considered a 4th: Tech Review

Inman

Nestfully is a home search portal built by CRMLS, REcolorado and BrightMLS to help agents market homes and consumers find them.

Agents 167
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Fathom Offsets Transaction Decline With Agent Recruitment and Expense Reduction

RIS Media

Fathom Holdings, parent company of Fathom Realty, released its earnings report for the first quarter of 2023 on May 10, 2023. In keeping with overall real estate market trends and other large brokerage brands, Fathom reported a year-over-year decline in revenue. However, Fathom experienced a lower-than-average decline in transaction number and expanded its agent head… The post Fathom Offsets Transaction Decline With Agent Recruitment and Expense Reduction appeared first on RISMedia.

Agents 105
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.