Housing Wire
JULY 5, 2023
There was a viral tweet going around from YouTube housing influencer Nick Gerli. You’ve probably seen it. Gerli cites data from a company called AllTheRooms to make the case that the Airbnb /short-term rental market is “crashing” and it will have a big impact on inventory. Indeed, the chart he shared is alarming. A nearly 50% drop in revenue in some markets!
Real Estate News
JULY 5, 2023
Younger generations are especially motivated by walkability, even if it means paying more, giving up yard space or living in a multifamily dwelling.
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Housing Wire
JULY 5, 2023
The Community Home Lenders of America (CHLA) sent a letter to U.S. Rep. John Rose (R-Tenn.) this week that applauds the introduction of a bill to ban mortgage trigger leads outside of certain situations. The bill, House Resolution (H.R.) 4198, the “Protecting Consumers from Abusive Mortgage Leads Act,” would prohibit trigger leads for mortgages unless one of two criteria are met: either a consumer has given their permission; or “a third party has submitted documentation to such agency cert
Keeping Current Matters
JULY 5, 2023
If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.
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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.
Housing Wire
JULY 5, 2023
Wells Fargo has been sued in U.S. District Court for the Western District of Texas by a group of current and former staffers from the company’s bilingual mortgage sales team alleging race-based discrimination. This is according to original reporting by Bloomberg and court documents reviewed by HousingWire. “Wells Fargo forces its employees on the Bilingual team to offer predatory lending options to Spanish-speaking customers,” the initial legal complaint reads.
Inman
JULY 5, 2023
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
JULY 5, 2023
Embrace the future, writes Salt Lake City broker Belladonna Riso, and get ready to position yourself as a forward-thinking, tech-savvy expert in the industry with the power of AI.
Housing Wire
JULY 5, 2023
HousingWire Annual is strategically placed in October to bring the greatest minds in housing together. At HW Annual, they will be mapping out their playbooks for the future. The event serves as a starting line for conquering next year. With less than 100 days left until these leaders meet in Austin, Texas at the Hyatt Lost Pines, sign up today to not only optimize your time at the event, but also to take advantage of some of the lowest rates available.
Inman
JULY 5, 2023
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they'll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel.
Housing Wire
JULY 5, 2023
The Federal Trade Commission (FTC) has postponed its administrative hearing on Intercontinental Exchange ‘s (ICE’s) planned acquisition of Black Knight to allow a federal court to rule on its request for a preliminary injunction in the case. The FTC’s administrative hearing will be held on September 25, according to a commission order on June 27.
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Inman
JULY 5, 2023
Three leading economists share what's ahead for the summer, from sellers' continued struggles with mortgage rates to the resurgence of bidding wars and the gift of new-home sales.
Housing Wire
JULY 5, 2023
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2023 HW Vanguards are open until July 28, 2023. Click here to nominate someone from your organization today. The 2023 HW Vanguard awards are now open for nominations! This prestigious award recognizes the c-suite executives making an unmistakable impact on the housing ecosystem.
Inman
JULY 5, 2023
If you’re coming out of the spring market and feeling disappointed in your progress, it’s time to get back in touch with your 2023 goals, writes broker Troy Palmquist.
Eye on Housing
JULY 5, 2023
Consumer confidence in June rose to its highest level in 17 months as recession concerns eased. However, spending plans were mixed. Vacation intentions continued to improve, while the intention to buy homes and big-ticket appliances cooled further due to elevated mortgage rates. This shift in consumer preference from goods to services is likely to continue this year.
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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.
Inman
JULY 5, 2023
Every client presents an opportunity for repeat business and referrals, writes Jonathan Pressman. How can you ensure you impress them and stand out from the crowd?
RIS Media
JULY 5, 2023
When embarking on the journey of purchasing a house, many homebuyers find themselves wondering whether they need a buyer’s agent to assist them throughout the process. Buying a home is a significant financial and emotional investment, and having a knowledgeable professional by your side can provide invaluable guidance and support. We will examine the role… The post Why Your Client Needs a Buyer’s Agent appeared first on RISMedia.
Inman
JULY 5, 2023
Relocation and moving services provider Sirva Worldwide Inc. has agreed to sell its stake in Troy, Michigan-based Premia Relocation Mortgage LLC for an undisclosed sum.
NAR: Economic Outlook
JULY 5, 2023
Pending Home Sales Weakened in May May's pending home sales pace declined 2.7% from last month and fell 22.2% from a year ago.
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.
Inman
JULY 5, 2023
After debuting a power buyer program for real estate brokerages in February, zavvie now has power buyer partnerships with 30 mortgage lenders in nine states.
RIS Media
JULY 5, 2023
The large millennial population is in prime first-time home-buying age, driving demand and competing for the ongoing scarcity of homes for sale. While there are some divergences in how millennials approach home buying and selling, it’s still an open question about how radically this generation will change the housing market. Millennials are different from prior… The post How Millennials Are Changing the Home-Buying Process (And How They Aren’t) appeared first on RISMedia.
Inman
JULY 5, 2023
In anticipation of the July 21 premier of 'Barbie,' Airbnb has listed a real-life DreamHouse for two lucky guests. A Malibu broker estimated closing costs and a sales price for the fabled pink palace.
RIS Media
JULY 5, 2023
The Institute’s Luxury Market Report is your guide to analyzing trends and comparative data in the top residential markets across Canada and the United States. June’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. This month, the Institute reviews the luxury trends… The post The Institute: June Luxury Market Report appeared first on RISMedia.
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.
Inman
JULY 5, 2023
Is it price point, square footage or the number of garage bays? What makes a home whisper "luxury" to you and your clients?
RIS Media
JULY 5, 2023
As our Power Broker Forum was taking place at the May NAR Legislative Meetings, Marki Lemons-Ryhal was hosting a session on Artificial Intelligence across the hall. While the Forum was packed with a standing-room-only crowd, I heard that people were lined up to get into Marki’s session (if you’ve ever seen Marki speak, this is… The post Op-Ed: AI Versus AI appeared first on RISMedia.
Inman
JULY 5, 2023
Learn how this Palm Beach, Florida, top producer turned her childhood interest in real estate into $1 billion-plus in luxury sales.
RIS Media
JULY 5, 2023
Inflation has been a major talking point in the housing market as of late, with the Federal Reserve recently announcing a halt in rate hikes due to cooling inflation levels. While inflation may be slowing down, prices in the rental market have outpaced its growth, according to a new report from Clever. According to Clever’s… The post Rent Prices Have Exceeded Inflation appeared first on RISMedia.
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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.
Brownstoner
JULY 5, 2023
A lottery has launched for 125 truly affordable apartments in an under-construction development at 583 Emerald Street in East New York. The apartments will be in Linden Terrace III, the final of three buildings that make up the 548-unit Linden Terrace development. The eight-story Linden Terrace III building will have a… Read More > The post Lottery Opens for 125 Affordable Units in East New York, Starting at $419 a Month appeared first on Brownstoner.
RIS Media
JULY 5, 2023
For the month of April, 2.8% of all mortgages in the U.S. were in some stage of delinquency, 0.2 percentage point increase compared from last month and a 0.1 percentage point decrease compared to last year, according to a new report from CoreLogic. Despite the increase, mortgage delinquencies still remain near the historic low of… The post Mortgage Delinquencies Remain Low in April appeared first on RISMedia.
Brownstoner
JULY 5, 2023
Dating to the 1870s, this Carroll Gardens brownstone got an update that combines some period details with a renovated kitchen, central air, and wine storage. The 19-foot-wide row house at 357 Hoyt Street includes wide-planked floor boards, mantels, and an original stair. In the Carroll Gardens Historic District, the house… Read More > The post Carroll Gardens Neo-Grec With Wood Burning Fireplaces, Central Air Asks $4.25 Million appeared first on Brownstoner.
RIS Media
JULY 5, 2023
NAR PULSE—Advance your career with an MBA or certificate at NAR Academy at Columbia College and receive 50% off your first eligible course as a first-time student. Learn More! Early-Bird Pricing Ends 7/31 for NAR’s Sustainability Summit Interested in tapping into the growing demand for sustainable housing? Attend NAR’s 2023 Sustainability Summit for a deep… The post Get Half Off Your First Course at NAR Academy appeared first on RISMedia.
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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