Fri.Aug 19, 2022

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5 reasons why HW Annual is the team bonding event you need

Housing Wire

Not only was HW Annual designed to bring you the latest insights on how to navigate today’s fast-changing market, but also, it was created with community and collaboration in mind. Hopefully, you are as excited to join together with everyone in the housing industry as the HousingWire team is. . If you still haven’t taken advantage of purchasing your team tickets for HW Annual, remember that the agenda has been curated for teams to come together and hear the currents trends and resear

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Why a Home Inspection Is Important [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re buying a home, here’s what you should know about your home inspection and why it’s so important. A home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase so you can avoid costly surprises down the road. Work with an agent so you have an expert on your side who can guide you through the process.

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Opinion: Ginnie Mae’s revised requirements reduce risk

Housing Wire

Ginnie Mae’s recent announcement regarding their Single-Family Applicant and Issuer Financial Eligibility Requirements represents a major step forward in reducing a potential systemic risk to the housing financial system. Since the 2008 financial crisis, a significant structural change has taken place which over time threatens the long-term stability of housing finance.

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New Home Size Trends Reversing?

Eye on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. During the housing boom of recent quarters, this led to a rise for new single-family home size. However, as the housing market weakens this trend appears to be reversing. According to second quarter 2022 data from the.

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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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5 Signs the Real Estate Market is Slowing Down (And How to Navigate It)

HomeLight

When it comes to the U.S. real estate market, the last two years have been ones for the history books. They’ve been years where demand far outpaced supply, home values skyrocketed, and bidding wars became the norm. But, as we navigate through 2022, there are signs that the market is shifting — and a slowdown is upon us. Here are the key changes occurring this year, as well as the impact this changing market is having on homeowners, sellers, and buyers.

Marketing 111
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Design Features: Yay Or Nay?

Toronto Realty Blog

TorontoRealtyBlog. Here’s a blog feature that we ran once and then forgot about! I looked it up – it was November of last year! Man, time flies! If I recall correctly, there wasn’t much of a consensus on the features I showed off last winter, so I don’t expect this time around to be any different! Let’s look at a few noteable features, finishes, furniture selections, and design choices that we would probably consider hit-or-miss.

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4 Signs That the US Housing Market Has Peaked – and How it Affects You

HomeLight

After a two-year real estate boom, the market is showing signs of cooling off. With home prices and interest rates rising this past year, some buyers have made the decision to put their homebuying dreams on hold — creating an environment where mortgage demand has reached its lowest level in 22 years. Similarly, interest in refinancing has also waned, with 75% fewer applications in 2022 compared to the previous year.

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The market slowdown is slowing down

Real Trends

The housing market slowdown is, well, slowing down. As buyer demand cools , fewer sellers are listing their properties, contributing to a slower rate of price drops, according to a new Redfin report , released Thursday. In the four-week period ending Aug. 14, the number of new listings was down 14% from a year ago, the largest decline since June 2020.

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Whew, Mortgage Rates Went Up Fast: How High Will They Go?

HomeLight

Mortgage interest rates have been on a wild ride so far this year. In January, home buyers were locking in 30-year mortgages at 3.29%. Fast forward a few months, and the rate increased to between 5% and 6%. Whether you’re looking to buy, sell or refinance your home, these rates could have a significant impact on your future plans. If you’re asking yourself how high mortgage rates will go, here is what you need to know about the current state of the real estate market — and why the rising rates m

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CRS Week: Say Yes to CRS!

The Residential Specialist

CRS Week 2022 is just a few weeks away and members, state leaders and staff are gearing up to make this year’s celebration the best one yet. Great webinars, useful resources and education discounts will be available to help bring awareness to the CRS Designation, along with contests, giveaways and CRS swag. Register yourself, and a nonmember guest, today at CRS.com/events/CRS-week.

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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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How Long Do Recessions Last? A Look at the Past for Clues

HomeLight

After a global pandemic, soaring home prices and bidding wars, raging-high inflation and recent interest rate hikes, it seems we’ve weathered enough economic drama for a lifetime. And yet, things are still getting funkier. Signs of recessions are mounting, sending consumer confidence plummeting to record lows. More than 60% of CEOs expect a recession in the next 12 to 18 months.

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Luxury Real Estate Headlines: Third Week in August 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Middletown, Rhode Island | Tina Wiley, Gustave White Sotheby’s International Realty. A 19th-century, oceanfront Rhode Island estate has hit the market for the first time in 77 years, asking $25 million. More Than 140-Year -Old Rhode Island Estate Lists for $25M – Mansion Global.

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Sputter or Frenzy in 2023?

BubbleInfo

I think we can say that summer is over, and the off-season is here. How will the rest of 2022 play out, and what will be the effect on the 2023 Selling Season? We know that the local NSDCC sales counts will be low for the rest of 2022. Last year we had 136 closings […].

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No surprise as study finds cheaper homes face toughest competition

Realty Biz

As home-buying demand cools from the record pace of 2021, competition is now hottest for the lowest-priced homes as mounting affordability obstacles stretch buyers’ budgets, the latest Zillow analysis has found. Throughout most of the pandemic, buyers shopping in the middle and top price tiers faced the strongest competition — inventory was relatively lower, and there were more sales.

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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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New agents prepare to weather the market shift

Real Trends

Stacy Pulliam transitioned from her career as a hair stylist and salon owner to the real estate industry at the onset of the COVID-19 pandemic. As industries shut down and the housing market ground to halt, she said there was definitely some trepidation. “It was scary at first, but I’ve been an entrepreneur since I was in my late 20s. If you let yourself worry too much, you won’t accomplish anything, so I had to look for ways to reinvent what I had started doing in real estate,” Pulliam said.

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5 Steps to Becoming a Real Estate Broker

Realty Biz

Have you ever wondered how to become a real estate broker? What are the steps to land this rewarding job? Selling or buying a house is one of the most challenging and significant financial decisions any client can make. With the rising real estate market prices, you can earn up to 6.9 million by selling your home! Of course, most home sellers and buyers work with an agent to assist them in navigating the process.

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The secret to speaking efficiently both personally and professionally

The American Genius for Real Estate

Communication in business is much different than day-to-day. You have to change your talking style to give info without losing engagement. The post The secret to speaking efficiently both personally and professionally appeared first on The American Genius Real Estate.

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Pros and Cons of Airbnb Business Automation

Mashvisor

Renting out your property on Airbnb and similar platforms can be a source of good income, but it also involves a lot of responsibilities.

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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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Fee Simple vs. Leasehold: Two Very Different Types of Ownership

Redfin

You’re browsing real estate listings when something catches your eye: a house that looks just like others in the area, but priced $100,000 less. Then you notice the word “leasehold” on the listing. You don’t remember seeing that on other listings. Is it too good to be true? Let’s find out. Fee simple. Fee simple ownership means “complete” ownership.

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How to Buy an Airbnb Investment Property

Mashvisor

Investing in Airbnb is one of the most practical things you can do today. It’s just a matter of knowing how to buy an Airbnb investment property.

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Blockchain Applications for Real Estate Agents

The Residential Specialist

Experts share how blockchain technology can be beneficial to real estate agents and the industry at large. By Regina Ludes. Kathleen Ryan, CRS, knew nothing about blockchain until her son mentioned it in conversation five years ago. At the time, Ryan, a REALTOR ® with RLAH Real Estate in Washington, D.C., dismissed the idea. When it became widely discussed a few years later on Clubhouse, an audio-based social network she belongs to, the light bulb went on.

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How your mentors can push you and to new heights

The American Genius for Real Estate

Moving up in your career can be dependent on your drive to be better, but improving does depend on who you choose to teach you. The post How your mentors can push you and to new heights appeared first on The American Genius Real Estate.

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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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The Best Proptech for Real Estate Agents

The Residential Specialist

Tech literacy is necessary for CRSs to stand out from the competition, and here are proptech options available for your business. By Shaila Wunderlich. It’s one of technology’s hottest categories, and each day more professionals are using it to leverage their real estate skill and experience. But not everyone is using property technology, otherwise known as proptech, to its fullest.

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Swiftlane Review – Intercom Upgrade for an HOA Building Gate

Swiftlane

Context: This is a testimonial from a Swiftlane customer, Gary Based in Florida. Gary and his HOA association was looking for a gate access control and intercom upgrade, and came to Swiftlane to explore a new solution thats modern but also cost effective to retrofit. This involved many complications, like reusing hundreds of clickers that […].

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Using QR Codes for Real Estate Marketing

The Residential Specialist

QR codes are back and agents are tapping into the potential applications in their marketing. By Lisa A. Beach. Mark Handlovitch, CRS, associate broker with REMAX Real Estate Solutions in Pittsburgh, Pennsylvania, sent out a postcard mailing to a targeted community. He included a QR code (short for quick response) so recipients could scan it for listing details.

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Zillow Recalibrates

BubbleInfo

After my blog post yesterday publicizing the confidence Zillow has in our local markets, guess what arrived today. Yep, their first installment of their next round (it usually takes 2-3 weeks to receive the full set): At the end of July, their prediction for Carmel Valley was for a 12.9% increase in values over the […].

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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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Flood Risk During Hurricane Season

The Residential Specialist

By John Dickson, CEO and president of Aon Edge. The peril of flood has been and always will be complex and dynamic. From urban flooding in unexpected areas to wildfires in drier climates that set the stage for mudslides, the question of when and where a flood is most likely to occur is difficult to answer. But what has become clear is that many people unknowingly face a more elevated flood risk than they did just 10 years ago.

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Meet the cast of ‘Buying Beverly Hills,’ a brand new real estate series coming to Netflix this fall

Fancy Pants Homes

Move over, Selling Sunset , there’s a new cool real estate show on Netflix! Buying Beverly Hills is a new reality occu-soap following the high-profile agents and clients of The Agency, one of the premier luxury real estate brokerages in the U.S. And reality TV fans have extra reasons to tune in to this one: it has some quite great tie-ins with one of the most famous reality shows of all time, RHOBH.

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Diversity and Inclusion at RRC

The Residential Specialist

At RRC, we appreciate the importance of creating an environment in which all our employees and members can feel valued, included and empowered to bring great ideas to the table. A new page on CRS.com was launched, focused on the company’s diversity and inclusion efforts, that includes many additional resources to help. To further the commitment, it was announced in May that Juneteenth will be observed as an official organizational holiday.

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How the Inflation Reduction Act Affects Housing Costs

Realty Biz

If you’re in the market for a house, you know that times are tough. Even though sales are slowing prices remain at an all-time high. With the recent passage of President Biden’s Inflation Reduction Act, many first-time home buyers were optimistic that this bill might help lower housing costs. But, exactly what’s included in the Inflation Reduction Act?

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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.