HomeLight

OCTOBER 20, 2023

Most of the time, you don’t give your roof a second thought. You count on it to keep you dry and cool every time it rains or the sun beats down, and that’s totally understandable. But, as soon as you spot a weird stain on your ceiling that you never noticed before, you’ll wish you had paid a little more attention every now and then. If your roof wears down to the point where you need buckets in every room when it rains, you’re already too late.

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Inspection As-is Closing Agents 111

Housing Wire

OCTOBER 20, 2023

The last two years of soaring mortgage rates and rising home prices have brought the fastest erosion in housing market affordability in modern history, and it’s hurt first-time homebuyers the most. A homebuyer must earn $114,627 to afford the median-priced U.S. home, up 15% ($15,285) from a year ago and up more than 50% since the start of the pandemic in early 2022.

Fixed-rate mortgage 511

Fixed-rate mortgage Marketing Mortgages Sales 511

Keeping Current Matters

OCTOBER 20, 2023

If you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.

Marketing 356

Marketing 356

Housing Wire

OCTOBER 20, 2023

The world of real estate is constantly in flux, yet one thing remains true: Lead generation is one of the most important requirements for maintaining a successful real estate business. Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% and dwindling inventory in most states, today’s brokers must get creative to keep a fresh pipeline of homebuyers coming through the door.

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Branding Agents Design As-is 448

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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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Real Estate News

OCTOBER 20, 2023

On Day 5 of the Sitzer/Burnett trial, plaintiffs focused on steering, high fees in the U.S., and how buyer agent pay is handled differently in other countries.

Agents 312

Agents 312

Housing Wire

OCTOBER 20, 2023

The U.S. Department of Justice (DOJ) announced this week that it has secured $107 million in judgments and enforcement actions against banks and mortgage lenders to combat the practice of lenders’ avoidance of providing credit services to people living or seeking to live in communities of color because of race, color or national origin, otherwise known as “redlining.

Lending 447

Lending Banks Mortgages As-is 447

Housing Wire

OCTOBER 20, 2023

So far, week one of the Sitzer/Burnett bombshell class action antitrust buyer broker commission lawsuit has seen four of the five named plaintiffs testify in front of the jury. During their testimony, attorneys for the defendants, which now include National Association of Realtors , Keller Williams and HomeServices of America , had the opportunity, if they wished, to cross-examine the witnesses in addition to the questions posed by Michael Ketchmark, the lead attorney for the plaintiffs.

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Equity Agents Sales MLS 435

Real Estate News

OCTOBER 20, 2023

A Bright MLS survey found that for most buyers, high mortgage rates didn't affect their purchase decision, and many said it's gotten easier to find a home.

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MLS Marketing Mortgages 278

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out.

Agents 433

Agents Lending Renovation Staging 433

Inman

OCTOBER 20, 2023

Although you need to be careful with ChatGPT and other AI platforms, they can offer a great resource for idea generation. We asked for ideas on handling objections and got some surprisingly solid suggestions.

Brokerage 193

Brokerage Agents Marketing 193

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.

Industrial

Housing Wire

OCTOBER 20, 2023

Optimal Blue — a provider of secondary market solutions and actionable data services — plans to solidify its position as an end-to-end solution from pricing a loan to hedging, trading and selling a loan, Scott Smith, interim CEO of Optimal Blue, shared in an interview following Constellation Software ’s acquisition of the firm. There will be no one-stop shop for mortgage tech, which in turn makes having an open platform of integration all the more important in a highly competitive environment, S

Mortgages 431

Mortgages Loans Technology Investor 431

Inman

OCTOBER 20, 2023

Security expert Robert Siciliano teaches you the five red flags for this scam and shows you how to put a stop to this type of real estate fraud with a simple and effective email response.

Land 193

Land Brokerage Agents Marketing 193

Bigger Pockets

OCTOBER 20, 2023

On Thursday, Federal Reserve Chairman Powell signaled a prolonged pause in interest rate increases. What does this mean for the market?

Marketing 140

Marketing 140

Inman

OCTOBER 20, 2023

The Fed chair acknowledged that in principle, elevated term premiums — higher rates of return bond investors are demanding to compensate them for risk — could reduce the need for further rate hikes.

Mortgages 193

Mortgages Investor Marketing 193

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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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Bigger Pockets

OCTOBER 20, 2023

First rental property? Security deposits, credit checks, and home renovations can seem DAUNTING when it’s your first real estate rodeo.

Renovation 131

Renovation 131

Inman

OCTOBER 20, 2023

Jimmy Burgess shares 11 ways you can leverage QR codes to capture more leads, drive traffic and create an easy way for prospects to engage with your content.

Marketing 190

Marketing Technology Agents 190

Bigger Pockets

OCTOBER 20, 2023

As insurance carriers raise their prices—and pull coverage from entire regions—this might be your next best bet to protect your properties from natural disasters.

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129

Inman

OCTOBER 20, 2023

On Black Friday and the subsequent Cyber Monday annual shopping holidays this year, second home co-ownership solution Pacaso will offer zero percent interest on shares in select homes within its marketplace for the first three years of ownership.

Marketing 190

Marketing 190

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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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RIS Media

OCTOBER 20, 2023

OneKey MLS, a multiple listing service covering the southern counties of New York state (from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains), has released its latest Regional Home Sales Report that tracks and reports back how home prices have changed in their nine counties, month over month, and offers comparative market analysis.

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MLS Sales Marketing Industrial 128

Inman

OCTOBER 20, 2023

The share of couples including "home funds" as part of their wedding registry has increased by 55 percent since 2018, according to a joint analysis released Thursday by Zillow and The Knot.

Branding 187

Branding 187

Brownstoner

OCTOBER 20, 2023

Filled with enough visual delights to captivate any old house lover, this lovingly restored stone house in Kingston has centuries worth of history within its walls. Built in the 18th century, it was enlarged in the 19th century, and got some mid 20th century updates. The more recent renovation restored… Read More > The post An 18th Century Kingston Stone House With a Secret Passageway, Yours for $975K appeared first on Brownstoner.

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Renovation 126

Inman

OCTOBER 20, 2023

Federal prosecutors announced Wednesday that Cesar Pina had been charged with one count of wire fraud for running a pyramid scheme targeting real estate investors.

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Investor 187

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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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Calculated Risk Real Estate

OCTOBER 20, 2023

From the NMHC: Apartment Market Continues to Loosen, Transactions Pull Back Further Due to Rising Cost of Capital Apartment market conditions continued to weaken in the National Multifamily Housing Council's (NMHC) Quarterly Survey of Apartment Market Conditions for October 2023, as the Market Tightness (21), Sales Volume (24), Equity Financing (18), and Debt Financing (9) indexes all came in well below the breakeven level (50). “A combination of rising interest rates and tightening lendin

Marketing 126

Marketing Equity Finance Lending 126

Inman

OCTOBER 20, 2023

With Inman Top 5, you'll find the week's most essential stories, as chosen by our readers. Here are the most-read articles for Oct. 13-20, 2023.

Agents 183

Agents 183

Sotheby's International Real Estate

OCTOBER 20, 2023

Highlights from this week’s top news stories on luxury and global real estate, and home. Greenwich, Connecticut | Sotheby’s International Realty – Greenwich Brokerage A $58 million Georgian Colonial within the guard-gated Mead Point Association is currently for sale that brings the views, the glamour, and the amenities. Tour a $58M Georgian Colonial on the Water in Greenwich – Cottages & Gardens Aviator Nation Founder Asks $15 Million for Lake Austin Home – The Wall Street Journal Ult

Brokerage 124

Brokerage Design Agents Sales 124

Inman

OCTOBER 20, 2023

This week: As Sitzer | Burnett begins, the way agents communicate on commission may be the first thing to change.

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Agents 183

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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.

Sales

RIS Media

OCTOBER 20, 2023

It’s easy to become overwhelmed when the real estate market is shifting so much. There is a lot to juggle—lead generation, staying on top of market trends, focusing on your financials—and more. Staying organized is key. A stellar customer relationship management (CRM) system helps do all of that. It allows you to productively manage your… The post 4 Reasons Every Real Estate Agent Needs a CRM appeared first on RISMedia.

Agents 122

Agents Marketing Industrial 122

Inman

OCTOBER 20, 2023

Dallas real estate agents Heather Guild and Elena Richey bonded with their non-agent friend, Melanie Stout, over a shared interest in true crime and real estate, which is how the "Crime Estate" podcast was born.

Agents 179

Agents Seller disclosure 179

RIS Media

OCTOBER 20, 2023

Reliance, a U.S. real estate technology company, has confirmed the promotion of Nick Villanti from senior vice president to Chief Operating Officer (COO) overseeing the company’s day-to-day administrative and operational functions effective October 1. “We are so pleased to announce Nick’s promotion as our Chief Operating Officer,” said Sean McRae, CEO of Reliance.

Technology 119

Technology Industrial 119

Realty Biz

OCTOBER 20, 2023

Buying a home is a significant milestone in anyone's life. It's not just a financial investment; it's also an emotional one. However, amidst the excitement of finding the perfect property, there's a crucial step that many homebuyers might overlook or not fully understand - the home appraisal. In this article, we will take a closer look at why homebuyers might need a home appraisal and how this process can play a pivotal role in the real estate transaction.

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Purchase and sale agreement Inspection Finance Loans 112

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