Mon.Jan 16, 2023

article thumbnail

The 7 Habits of Highly Effective Homebuyers Today

Realtor.com

Getty Images There was a point, not too long ago, when buying a house was fairly straightforward: You’d schedule some tours, make an offer, and boom, you’re in the house before you know it. Today, though, the housing market is a very different animal—fast, ferocious, and ever-changing. In such an environment, it’s no longer a given that all homebuyers will easily find a house and seal the deal.

Agents 119
article thumbnail

Housing Market Tracker: Weekly inventory adds 1,339 homes

Housing Wire

Here’s the rundown for the last week: Purchase application data has stabilized — the bleeding stopped. Housing inventory increased by 1,339 homes nationwide. This is a small number but could be the start of an important trend. Mortgage rates fell along with bond yields, showing that mortgage rates peaked on Oct. 20. The weekly data shows some good news for the housing market !

Marketing 532
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Past Recessions Tell Us About the Housing Market

Keeping Current Matters

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession.

Marketing 220
article thumbnail

Top agents explore 2023 market trends, data and opportunities

Inman

What’s in store for 2023? Join Brad Nelson, chief marketing officer at Sotheby’s International Realty, on January 26th for the Insider open webinar, where top agents will explore this year’s market trends, data, and opportunities.

Agents 155
article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

article thumbnail

Canadian Real Estate Prices Haven’t Dropped This Fast Since 2009

Better Dwelling

Canadian real estate prices are falling and fast—in fact, a drop of this size hasn't been seen since in over a decade. The post Canadian Real Estate Prices Haven’t Dropped This Fast Since 2009 appeared first on Better Dwelling.

Mortgages 111
article thumbnail

How to Use RankBrain for Your Real Estate Website

Realty Biz

Google is constantly upgrading its search engine algorithms, popping out hundreds of changes every year. One of these announcements was about RankBrain, where Google started using machine learning in their algorithms to determine appearance in the search results. If you are wondering how RankBrain will affect your real estate website, you are in the right place.

Staging 102

More Trending

article thumbnail

SurfShark VPN Helping Your Real Estate Business Grow

Realty Biz

Smart real estate professionals know that success means keeping your digital information secure. Whether you’re working with other professionals in your field or if you’re working directly with buyers and sellers, one of the best ways to keep that data safe and secure is to use a virtual private network (Surfshark VPN). Surfshark VPN offers fantastic tools because they’re so versatile.

Branding 101
article thumbnail

Which real estate contingencies are most important? (Podcast)

The Mortgage Report

What is a contingency in real estate? The phrase “contingency” is a pretty common one in the real estate world. Essentially, it’s a clause in a sales contract — a […].

Sales 102
article thumbnail

Inventory Watch

BubbleInfo

A fantastic start to the new year! In the last week, there were 36 new listings and 34 new pendings! In the previous week, we also had 36 new listings but only 15 new pendings. The total pendings count increased +30% in a week! In the Under-$3,000,000 market, there are 119 actives and 86 pendings, […].

Marketing 101
article thumbnail

Is a Mortgage Pre-Approval Letter Necessary to Make an Offer on a House?

Realtor.com

BrianAJackson/iStock The short answer is no. However, if you want your offer to be taken seriously and to stand out from any competing bids, this little piece of paperwork can really give you the edge. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA.

article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

article thumbnail

Do You Have A Retirement Plan?

Broke Agent Media

Uncertain about your retirement plans as a real estate agent? . You’re not alone. Head to any online community or mastermind for real estate agents, and you are bound to come across questions about retirement planning. . It’s understandable. After all, there’s no company match on your 401(k), and the idea of saving for retirement can be overwhelming.

Agents 98
article thumbnail

How to Find Open Houses Near Me

Maximum Exposure Real Estate

Tips For Finding Open Houses Nearby Your Location An open house can be an excellent way to start your search for a home. Many potential home buyers will search online for “open houses near me.” This search will lead to finding who is hosting an open house locally. Real estate agents typically hold most of […]. The post How to Find Open Houses Near Me appeared first on Maximum Real Estate Exposure.

Agents 98
article thumbnail

Foreclosures in 2022: A Historical Perspective

Broke Agent Media

BAM Key Details: . ATTOM released its Year-End 2022 U.S. Foreclosure Market Report, which shows double the amount of foreclosure activity compared to 2021. . Foreclosure starts are up year-over-year but still below pre-pandemic levels. . Bank repossessions are down 70% from 2019 and down 96% from 2010. ATTOM has released its Year-End 2022 U.S. Foreclosure Market Report , which shows double the amount of foreclosure activity compared to a year ago.

Banks 98
article thumbnail

How to Clean Stainless-Steel Appliances and Surfaces in Your Home

Realtor.com

kirstyokeeffe/iStock It might sound like a ridiculous question—after all, it can’t be stained, right ? Wrong. Your appliances, range, or countertop may be stainless steel but that doesn’t mean it shouldn’t get any less of a cleaning than other surfaces in your kitchen. So let’s take a look at why it’s important to keep your stainless-steel appliances in tiptop shape and how easy maintaining them actually is.

As-is 98
article thumbnail

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.

article thumbnail

8 Costs of Renting a Home

Windemere Buying

If you’re not quite ready to buy a house , it may be better to rent for the time being. Though renting can be the more affordable option, being a tenant in someone else’s home still comes with its own unique set of costs. Here are eight common costs you should be aware of before signing a lease. Should I rent or buy a house? 8 Costs of Renting. 1. Renting Application Fee.

article thumbnail

7 Bathroom Renovation Projects That’ll Help—or Hurt—Your Home’s Value

Realtor.com

Photo by Guided Home Design via Houzz Home improvements are—or should be—as much about the future value of your home as they are about improving your quality of life today. You might think installing a lap pool–size bathtub in your bathroom is a great idea. But before sinking thousands of dollars into any home project, you might want to consider whether that $10,000 will deliver a return on investment , or ROI, when it’s time to sell your home.

article thumbnail

NAREB’s Lydia Pope on creating Black generational wealth through homeownership

Real Trends

In today’s RealTrending podcast, we speak with Lydia Pope , president of the National Association of Real Estate Brokers about how the organization is educating Black high school and college students on how to create generational wealth through homeownership. We go over Black homeownership statistics, advocacy, proposed changes in loan level pricing and more in this informative and eye opening podcast.

Loans 89
article thumbnail

What Is a Reverse Mortgage? The Real Risks and Rewards, Revealed

Realtor.com

designer491/iStock Most home buyers applying for a loan know what a mortgage is, but a reverse mortgage may seem far less familiar. Maybe you’ve heard this mortgage term bandied about, and maybe have even seen the late-night TV ads promoting them. But people are often confused or all-out clueless on the details of this type of loan, so allow us to explain.

article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

article thumbnail

US banks prep for slashed revenues as the economy worsens

The American Genius for Real Estate

Banks are tightening their belts as quarterly revenues roll in - despite results, they expect the economy to continue to decline.

Banks 105
article thumbnail

How to Make 2023 Your Best Year Ever

Bigger Pockets

Search “how to make passive income” online, and there’s a good chance you’ll see “real estate investing” on every list. Why? Real estate investing is one of the most time-tested, […].

78
article thumbnail

TikTok now being banned by even more states

The American Genius for Real Estate

It feels like TikTok is being used by most humans with a pulse, making it a powerful ally OR enemy.

article thumbnail

How to Buy Your First Rental Property in 11 Steps

Bigger Pockets

Buying your first rental property doesn’t need to be complicated. With some simple steps, you can go from onlooker to real estate investor, collecting passive cash flow every month! But […].

article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

article thumbnail

8 Is Great: Mysterious Octagonal Home in Washington Easily Finds a Buyer

Realtor.com

Realtor.com An eight-sided house in Sultan, WA , didn’t have to wait around long for an offer. The octagonal home angled its way onto the market in December and found a buyer within eight days. Needless to say, there was plenty of curiosity surrounding the oddity. “There are rumors that swirl,” says listing agent Angela Nebeker , with John L.

Agents 64
article thumbnail

New Development Spotlight: Palazzo Raggi in Rome, Italy

Sotheby's International Real Estate

Showcasing the height of new luxury construction in some of the world’s most sought-after locations, let’s explore an exclusive new development from our worldwide network. Rome, Italy | Italy Sotheby’s International Realty. Known as an ancient property owned by illustrious families, Palazzo Raggi is now being restored by the Tamburini Architectural Studio to revitalize its original rooms and create apartments of inestimable value.

article thumbnail

Why Your Credit Score is Important for Renting in Canada

Zolo

Learn what credit score you need for renting an apartment in Canada and how to achieve it. The post Why Your Credit Score is Important for Renting in Canada appeared first on Zolo.

69
article thumbnail

Pia Zadora Selling Her Beachfront Malibu Home for $2.35M

Realtor.com

Getty Images / Realtor.com Past Golden Globe winner Pia Zadora faced terrible reviews at the beginning of her career, notching three less-than-coveted Golden Raspberry Awards for her acting. At the height of her fame—or infamy—she took up residence where one of Hollywood’s most fabled homes once stood. For a couple of decades, Zadora lived in the Beverly Hills property once known as Pickfair.

As-is 61
article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

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.

article thumbnail

Nearly 100 Visitors!

BubbleInfo

I checked my written count and I had 21 people in the first hour so Sunday’s total was more like 40 visitors. To have almost 100 people visit an open house this early in the year while raining both days is remarkable!

59
article thumbnail

Meet the REACH and REACH Commercial Teams – January 17th

GeekEstate

REACH operates a variety of accelerator programs around the globe, created and operated by Second Century Ventures and backed by NAR. Applications for its flagship REACH & REACH Commercial classes are open until January 31st. Only 16 days left to apply! Interested in learning more about the 2023 REACH programs and application process? Join Tuesday, Jan 17 at 1:00 PM CT for a virtual meet & greet with Bob Gillespie (Executive Director, Commercial) and Ashley Stinton (Executive Director, R

article thumbnail

Why and Where to Invest in the Miami Real Estate Market in 2023

Mashvisor

Is the Miami real estate market cooling down? After two years of expansion, is it still a good idea to buy a property there? Read on to find out.

article thumbnail

Tom Storey On Twitter And Why You Need To Send Personalized Videos To Clients

Broke Agent Media

Today’s guest on the Over Ask Podcast is the first one to tell us how to utilize Twitter effectively for a real estate agent. And with Twitter’s newest feature— Twitter Notes —his insights on this are all the more timely. The conversation starts with what Tom did wrong his first year in real estate, moving on to his first year of conferences, the personalized videos he sends his clients twice a year, and how he uses Twitter to land TV spots.

Land 52
article thumbnail

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.