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.

Inspection 109

Inspection As-is Closing Agents 109

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 500

Fixed-rate mortgage Marketing Mortgages Sales 500

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 306

Agents 306

Housing Wire

OCTOBER 20, 2023

I am repeating myself but bear with me. No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this. No buyer must use a real estate agent — ever.

MLS 432

MLS Brokerage Agents Industrial 432

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Agents

Real Estate News

OCTOBER 20, 2023

The board wrote that this change, which takes effect in January, “represents the future of how residential real estate is transacted.

Agents 290

Agents Residential 290

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.

Equity 410

Equity Agents Sales MLS 410

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 408

Mortgages Loans Technology Investor 408

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 190

Brokerage Agents Marketing 190

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.

Renovation 125

Renovation 125

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 186

Mortgages Investor Marketing 186

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.

Loans

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.

MLS 124

MLS Sales Marketing Industrial 124

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 180

Branding 180

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

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 174

Marketing 174

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Sales

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 120

Marketing Equity Finance Lending 120

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 179

Marketing Technology Agents 179

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 117

Agents Marketing Industrial 117

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.

Investor 174

Investor 174

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.

Agents

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 114

Technology Industrial 114

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 178

Agents 178

HomeLight

OCTOBER 20, 2023

If you’ve been designated as the executor of an estate that includes an inherited home, you probably have some questions. First and foremost, you may be wondering: How long does an executor have to sell a house? Is there a time limit? As a named executor, you’re tasked with making sure that the deceased person’s property is liquidated and/or distributed according to what is outlined in the will.

Probate sale 113

Probate sale Design Closing Agents 113

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 161

Agents Seller disclosure 161

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.

Agents

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.

Purchase and sale agreement 113

Purchase and sale agreement Inspection Finance Loans 113

Inman

OCTOBER 20, 2023

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

Agents 169

Agents 169

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 130

Marketing 130

Seattle Times Real Estate

OCTOBER 20, 2023

Seattle rents have skyrocketed, FYI Guy writes. So this may seem odd: Seattle is among the least cost-burdened big U.S. cities for renters, census data shows.

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121

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Agents

Propmodo

OCTOBER 20, 2023

Solar energy is having a moment. It’s an industry that has grown significantly over the last decade, with an average annual growth rate of 24 percent, according to recent research. This might be due in part to the fact that the cost to install solar has dropped by more than 40 percent over the last 10 years. The renewable energy source is popping up all over the place in real estate, from traditional rooftop arrays to new technology like solar windows and setups that combine both solar and wind

Technology 108

Technology Industrial Marketing 108

BubbleInfo

OCTOBER 20, 2023

Currently, every listing agent is required to offer some sort of buyer-agent compensation on the MLS. Zillow and Redfin publish those commission amounts on every listing now, so they are all out in the open. Today, there are 79 homes for sale between La Jolla and Carlsbad in the $2,000,000-$3,000,000 price range.

MLS 105

MLS Agents Sales Marketing 105

HomeLight

OCTOBER 20, 2023

We Buy Houses companies in Knoxville make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their property sooner if they need it. You may need a fast home sale to meet a financial deadline or to overcome an unexpected life change that requires you to relocate.

Closing 104

Closing Sales As-is 104

Brownstoner

OCTOBER 20, 2023

Close to topping out, the twin skyscrapers rising on Site D of Two Trees' Domino redevelopment on the Williamsburg waterfront will be condos and rentals, including affordable housing. A sign recently went up on one of the towers proclaiming "condos" and "rentals." To date, the mega-project has comprised only rentals… Read More > The post Selldorf’s Double Domino Towers Rising on ‘Burg Waterfront Will Mix Condos, Rentals appeared first on Brownstoner.

Closing 104

Closing Development 104

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.

Sales