Housing Wire
FEBRUARY 20, 2023
Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in new listing data. Here is a quick rundown from last week : Purchase applications fell 6% weekly as the market digested the first round of higher rates.
Real Estate News
FEBRUARY 20, 2023
The rental market is massive. Between investor purchases and property management, it can be a lucrative business for brokerages — and a source of buyer leads.
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Keeping Current Matters
FEBRUARY 20, 2023
To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but inventory is still historically low. So, if a house has been sitting on the market for a while, that’s a sign it may not be hitting the mark for potential buyers.
Real Estate News
FEBRUARY 20, 2023
During KW's Family Reunion event on Sunday, Keller talked about the state of the real estate market — which, he says, may get worse before it gets better.
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Inman
FEBRUARY 20, 2023
Data is everywhere, but that doesn’t mean it’s captured and leveraged effectively. Despite granularity delivering the greatest results and value, many still resort to sweeping generalizations when discussing real estate.
Real Estate News
FEBRUARY 20, 2023
Keller Mortgage will continue to operate alongside existing divisions of Mutual of Omaha, with Gary Keller as co-owner.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
BubbleInfo
FEBRUARY 20, 2023
As you can tell in the graph above, there hasn’t been a flood of inventory (yet), and the number of pendings is rising steadily. All of the frenzy conditions are in place this year, just like they were since the pandemic broke out and inventory plunged. The casual observers will struggle to notice, however.
Inman
FEBRUARY 20, 2023
Mutual of Omaha Mortgage has acquired Keller Mortgage for an undisclosed amount, according to an announcement on Monday. Keller Williams will retain an ownership stake in the company.
GeekEstate
FEBRUARY 20, 2023
The Housing Innovation Summit , co-hosted by the Housing Innovation Alliance and the University of Denver, is a forum for startups and the homebuilders industry to connect, share ideas, and explore business opportunities. The event takes place April 25-27 in Denver, at the Franklin L Burns School of Real Estate. They’ve recently announced Pitchfest , a competition to explore innovation across three categories: Design + Build ESG Tech + Data Interested in pitching?
Inman
FEBRUARY 20, 2023
As we celebrate Black History Month, find out how this trail-blazing family created three generations of real estate excellence. Hawaii broker-owner Joyce Wright Funk traces their impact on the industry.
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.
Broke Agent Media
FEBRUARY 20, 2023
The Broke Agent recently took to Instagram to share a crazy excuse an agent received from a client. View this post on Instagram A post shared by The Broke Agent (@thebrokeagent) How hard can it be to admit you’re getting cold feet? Turns out, this agent wasn’t alone in receiving wild excuses from clients. Here are the highlights of the craziest reasons clients have backed out of a deal.
Inman
FEBRUARY 20, 2023
The ability to discuss style, features and the changing lifestyle of homeowners from one decade to the next will prove to be very helpful in serving an agent's clients.
Broke Agent Media
FEBRUARY 20, 2023
Conventional wisdom says that there are no small deals, only small agents. Here’s why that ain’t necessarily so. As children, we were all drawn to the whimsy of chasing little balloons as they floated away, driven by a sense of wonder and excitement. The last few weeks have seen our highly technical, supposedly sophisticated society’s autonomy undermined by — balloons.
Maximum Exposure Real Estate
FEBRUARY 20, 2023
Did you hear a real estate talking about VR pricing and wonder what they were talking about? When you look at the home listings – whether you are a buyer or a seller – you may come across a pricing structure you have never seen before. It is called value range pricing, or VR pricing […] The post What is Value Range Pricing appeared first on Maximum Real Estate Exposure.
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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.
Realty Biz
FEBRUARY 20, 2023
Green Bay, Wisconsin is being hit pretty hard by the recession and interest rates. On top of this, a housing shortage there has made things infinitely more complicated for buyers and sellers. When interest rates hit 7%, this did not help a market where the inventory of homes below $300,000 was low to begin with. With all this, and a great deal of uncertainty in mind, now's the perfect time to look at the most successful real estate pros in the area.
Maximum Exposure Real Estate
FEBRUARY 20, 2023
Comps For Real Estate Explained Have you heard a real estate agent use the word “comps” and wondered what they meant? Understanding a real estate comp will probably be foreign if you are not in the industry. Comps in real estate are comparable sales. Real Estate comps are used to compare and determine the fair […] The post What is a Real Estate Comp?
Realty Biz
FEBRUARY 20, 2023
The US housing market has certainly been a wild ride lately, thanks to what seems like countless upheavals. Over the last 12 months, starting with mortgage rate increases precipitated by the US Federal Reserve raising its base rate, volatility has been high indeed. Let’s look at the current state of the housing market and where it might be going in the immediate future.
The American Genius for Real Estate
FEBRUARY 20, 2023
Unemployment is at its lowest point in decades, but according to this recent study, folks are unsurprisingly anxious about layoffs anyway.
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.
Realty Biz
FEBRUARY 20, 2023
Digital marketing is something that no business can ignore when it comes to making it successful. Businesses worldwide have adopted these strategies to ensure that they get the best results out of their company. When consulting with a digital marketing agency, they suggest that companies offering energy services adopt digital marketing. Here are some reasons why you need to look into it to make your business profitable: ● Wider audience: A wide range of audiences makes any business attractive.
Easy Agent Pro
FEBRUARY 20, 2023
Twitter can be an untapped source of leads for real estate agents. By using a specific script, agents can search for tweets containing phrases that people would use when looking for a house or moving soon. This can reveal a list of potential leads that can be reached out to. Get These 9 MUST DO Twitter Tactics Download the list right now completely FREE Show Me!
Realty Biz
FEBRUARY 20, 2023
If you're looking for a way to spruce up your front yard, why not try landscaping with artificial grass? It's a low-maintenance option that can give your home curb appeal. Here are five ideas to get you started. Introduce the idea of landscaping with artificial grass and its benefits Are you looking for an artificial turf installer in San Carlos, CA , to help transform the look of your front yard?
Sotheby's International Real Estate
FEBRUARY 20, 2023
Showcasing the height of new luxury construction in some of the world’s most sought after locations, explore an exclusive new development from our worldwide network. Long Bay, Turks and Caicos Islands | Turks & Caicos Sotheby’s International Realty South Bank’s final offering, Arc, is a groundbreaking six-story residential building, with only 17 luxury residences for the ultimate offering in low-density contemporary Caribbean living.
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.
Bigger Pockets
FEBRUARY 20, 2023
Want to know how to invest in real estate with $10,000? For most people, $10,000 doesn’t sound like enough to start a rental property portfolio.
Real Estate Investar
FEBRUARY 20, 2023
Property price falls across the country are starting to slow down, despite the RBA continuing to lift interest rates.
A Student of the Real Estate Game
FEBRUARY 20, 2023
Over the past decade multifamily investors had it easy; interest rates were nearly zero, debt was widely available and cheap, capital poured into the space compressing cap rates, fundamentals were strong etc. It was nearly impossible not to well. The key to success was just being in game and outperformance meant not selling too early. That’s quickly changed.
The American Genius for Real Estate
FEBRUARY 20, 2023
BrandBastion sorts and flags your social media feeds so you can manage the good comments, and quickly mitigate blowback as it happens.
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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.
Broke Agent Media
FEBRUARY 20, 2023
This week on the Over Ask Podcast , the brilliant mind behind Coffee & Contracts , Haley Ingram , joins Matt Lionetti and The Broke Agent to discuss how she created a content membership platform with over 5,500 real estate agents. Haley also talks about how she navigates the constant shifts and ever-changing algorithm of Instagram to design templates that make it easy for C&C members to create addictive social media content.
Mashvisor
FEBRUARY 20, 2023
Read this guide to learn more about how Mashvisor’s Airbnb occupancy rate calculator can help you decide on your next profitable investment.
Eye on Housing
FEBRUARY 20, 2023
NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building gained market share during 2022. There were 44,000 total custom building starts during the fourth quarter of the year. This marks a 10% decline compared to the fourth quarter of 2021 as the overall home building market softened.
The Close
FEBRUARY 20, 2023
Choosing the right hard money lender for your investment project can be tricky. In my 28-year career in real estate and investing, I have had to source hard money financing for everything from simple fix-and-flip properties to multi-million-dollar apartment building rehabs. In this article, I’ll cover the basics of hard money loans, how to choose the hard money lender that’s right for you, how to get approved for financing, and much more.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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