Fri.Aug 18, 2023

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Just 36 real estate brokerages and teams made the Inc. 5000 in 2023

Housing Wire

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Magazine ’s 5000 list for 2023, a ranking of the fastest-growing companies in the U.S. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023.

Brokerage 370
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Former Zillow CEO unveils latest venture: an AI-powered, lead-gen assistant

Real Estate News

Serial entrepreneur Spencer Rascoff predicts real estate agents will be “one of the biggest verticals” that will use HeyLibby to turn contacts into customers.

Agents 246
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Thousands of government-backed mortgages impacted by Maui fire

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) this week announced a package of regulatory and administrative waivers that will allow the use of HUD funding to assist with the recovery of Maui after the island endured a series of devastating wildfires. The waivers come as thousands of government-backed mortgages on the island have been impacted by the disaster, according to data released by the office of Hawaii Gov.

Mortgages 370
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Mortgage company, brokerage fined nearly $2 million for “kickbacks”

Real Estate News

The Consumer Financial Protection Bureau fined Freedom Mortgage $1.75 million and Realty Connect $200,000 for providing illegal incentives for loan referrals.

Brokerage 246
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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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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Keeping Current Matters

With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.

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Judge rebuffs Chinese homebuyers’ push against Florida law

Real Estate News

The law, which took effect July 1, prohibits “foreign principles” from a number of countries from buying real estate in Florida.

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Rare Cobblestone Church on Market Highlights Unusual Upstate Building Style

Brownstoner

Texturally delightful, with rows of cobblestones rippling across the facade, this former church in Ontario County is an intriguing bit of New York architectural history. Between the 1820s and the mid 1860s, builders in the area used what was plentiful -- small, rounded stones -- to build houses, churches, schools,… Read More > The post Rare Cobblestone Church on Market Highlights Unusual Upstate Building Style appeared first on Brownstoner.

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Freedom Mortgage to pay $1.75M to settle agent kickback scheme

Inman

Regulators claim lenders' marketing agreements with more than 40 real estate brokerages, including Realty Connect USA, were a conduit for kickbacks that generated more than 1,000 mortgage referrals.

Mortgages 148
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Minneapolis Has the Lowest Metropolitan Inflation Rate in the Country—It Started With Zoning

Bigger Pockets

Zoning laws passed in 2018 have contributed to the lowest metropolitan inflation rate in the U.S. How did that work?

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Controversial Florida foreign buyer ban survives 1st major court battle

Inman

U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing.

Marketing 148
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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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Why a Land Survey Is Important

RIS Media

A survey of land is a critical component of real estate transactions and property ownership. It involves measuring and mapping land to determine its boundaries and identify potential issues or encroachments. Land surveys ensure accurate boundary determination, verify property rights, comply with zoning regulations, and resolve legal disputes. We will delve into the importance of… The post Why a Land Survey Is Important appeared first on RISMedia.

Land 98
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‘An awakening’ to New Hampshire as luxury 2nd-home destination

Inman

The pandemic first started opening luxury buyers' eyes to New Hampshire's second-home-market opportunities, and now more and more ultra-luxury buyers are catching on.

Marketing 148
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Ask These 7 Questions to Test Your Agent’s Real Estate Marketing Plan

HomeLight

A real estate marketing plan involves a combination of online and offline tactics, including listing syndication, social media promotion, print advertising, open houses , and more. A well-executed approach can make all the difference in attracting potential buyers and securing a quick sale at the right price. When you’re selling, it’s essential that you work with a real estate agent who understands your local market and can tailor a marketing plan to highlight your property’s unique

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Kmart down to 2 locations, including 1 in haughty Hamptons

Inman

The town of Bridgehampton, where the median home price is $3.8 million, is home to one of just three remaining Kmarts. Soon it will be one of two, according to reports.

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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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5 Essential Tips Every New Real Estate Agent Needs

RIS Media

Real estate can be an exciting and lucrative business. It is also competitive. Real estate agents who want to not only succeed but compete at the highest level and dominate the market know that there are best practices they must follow. Here are five tips every real estate agent who wants to be a top-notch… The post 5 Essential Tips Every New Real Estate Agent Needs appeared first on RISMedia.

Agents 98
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‘Hiya, Barbie!’: Iconic doll makes her real estate cameo

Inman

Barbie is having a moment right now — at the box office, on fashion runways and even in home design and real estate marketing.

Design 148
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A Renovated Park Slope Brownstone With Central Air and Three Others to See, Starting at $580K

Brownstoner

Our picks for open houses to check out this weekend are found in Park Slope, Bed Stuy, and East Flatbush. They range in price from $580,000 to $3.4 million. 410 Bergen Street Price: $3.4 million Area: Park Slope Broker: Space Real Estate (Mia Bailey) Saturday August 19, 2-7 p.m. and Sunday August 20, 2-6 p.m.… Read More > The post A Renovated Park Slope Brownstone With Central Air and Three Others to See, Starting at $580K appeared first on Brownstoner.

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5 lessons we can learn from the Barbie marketing strategy

Inman

The Barbie movie marketing team pulled off the most significant grand slam in film promotion history. Here's what we can learn from it.

Marketing 148
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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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RPR Offers Market Data Access to Rapattoni MLSs

Realtors Property Resource

As Rapattoni works to bring their MLS systems back online, RPR is poised and positioned to help agents and brokers gain access to crucial data. The post RPR Offers Market Data Access to Rapattoni MLSs appeared first on Realtors Property Resource (RPR).

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Rolling recession, Rapattoni, REX: Catch up with Inman’s Top 5

Inman

With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.

Agents 148
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Home Warranties Prove a Good Investment for Buyers and Sellers Alike

RIS Media

BHHS Select Properties President and CEO Maryann Vitale Alles endorses the HSA Home Warranty. Forty years ago, Disney opened its futuristic EPCOT theme park, TV viewers were checking out David Letterman for the first time and newly minted REALTOR® Maryann Vitale Alles was providing an added touch of service by educating clients on the importance… The post Home Warranties Prove a Good Investment for Buyers and Sellers Alike appeared first on RISMedia.

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Future so bright: Make tomorrow’s business your best ever in 5 steps

Inman

There will always be winners and losers in real estate, Jimmy Burgess writes this week. The winners in today’s market will take steps to increase sales now, while setting the stage for more business in the future.

Staging 148
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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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Down But Not Out: Real Estate’s Q2 Earnings Season

RIS Media

It has been a shaky and odd housing market so far this year. With fears of a major crash receding but no sign of a broad rally, big public real estate companies are seeking to find their footing against a varying and uncertain real estate landscape. So far, iBuyers have failed to effectively adapt to… The post Down But Not Out: Real Estate’s Q2 Earnings Season appeared first on RISMedia.

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Redfin CEO says housing sales volume has hit ‘rock bottom’

Inman

Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get.

Sales 148
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Mortgage Mix: CFPB Fines Freedom Mortgage; Considers New Rules for Data Brokers

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. Florida-based Freedom Mortgage Corporation is in hot water with the Consumer Financial Protection Bureau (CFPB) after the lender allegedly “provided kickbacks to real estate brokers and agents” in exchange for mortgage loan referrals.

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Compass expands into Santa Cruz with Monterey Bay Properties buy

Inman

Compass has purchased the 40-year-old brokerage and its team of nearly 40 agents, marking the publicly traded brokerage's first office in Santa Cruz County, the company announced Wednesday.

Brokerage 148
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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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How to Find Financial Freedom with Small Multifamily Rentals

Bigger Pockets

Small multifamily investing is one of the fastest ways to reach financial freedom through real estate.

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How to counteract Gary Keller’s latest recession prediction

Inman

In opening remarks at Keller Williams' Agent Mega Camp, Gary Keller predicted a "rolling recession" in 2024. What is it and what does it mean for you and your clients?

Agents 113
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Lawler: Is The “Natural” Rate of Interest Back to Pre-Financial Crisis Levels?

Calculated Risk Real Estate

CR Note: This is related to my note earlier this week: The "New Normal" Mortgage Rate Range From housing economist Tom Lawler: The resiliency of the US economy in the face of the “aggressive” Federal Reserve rate hikes since last March, combined with an increase in inflation-adjusted Treasury (TIPS) yields to levels not seen in almost 15 years, have led a growing number of analysts to conclude that the so-called “natural” rate of interest (often referred to as “r-st

Banks 98
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Anywhere’s Communications Department Honored

RIS Media

Anywhere Real Estate Inc. was honored with a bronze Stevie® Award for “Communications Department of the Year” in the 20th Annual International Business Awards®, the company has announced. Selected by a jury of communications experts out of more than 3,700 nominations globally, Anywhere was recognized for the multi-disciplinary communications team’s role in driving the Company’s… The post Anywhere’s Communications Department Honored appeared first on RISMedia.

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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.