Fri.Oct 27, 2023

article thumbnail

Homebuyers have many options; let’s make sure they’re aware of them

Housing Wire

To many, homebuying is a daunting, often confusing process. Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. Thankfully, there are a number of online resources that can help homebuyers navigate the process. The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts.

Title 511
article thumbnail

Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC]

Keeping Current Matters

Here’s what you really need to know about a few myths causing fear in today’s housing market.

Marketing 356
Insiders

Sign Up for our Newsletter

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

article thumbnail

Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

Housing Wire

As the trial of Burnett v. the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker

MLS 488
article thumbnail

Gary Keller says there’s no such thing as a standard commission

Real Estate News

Testimony from the KW co-founder as well as President Marc King closed out week 2 of Sitzer/Burnett, with both leaders denying a conspiracy.

Closing 321
article thumbnail

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.

article thumbnail

Gary Keller testifies to close out week two of commission lawsuit trial

Housing Wire

KANSAS CITY, Missouri — The final day of the second week of the Sitzer/Burnett commission lawsuit trial began with some procedural news. After filing a motion for a judgment as a matter of law late Thursday, the National Association of Realtors’ request was denied by Judge Stephen Bough. The other defendants in the suit, HomeServices of America and Keller Williams , had previously filed motions for judgment as a matter of law , but both were denied.

Closing 482
article thumbnail

Are health plans the latest agent recruiting tactic?

Real Estate News

As brokerage firms vie to keep their top producers and boost agent counts, some are offering new benefits, including healthcare, to stay competitive.

Agents 299

More Trending

article thumbnail

Las Vegas brokerage leans into spooky season with ‘Saw’ parody

Inman

Simply Vegas got into the Halloween spirit with their latest recruitment video, a take on the popular "Saw" horror movie franchise.

Brokerage 197
article thumbnail

eXp launches new equity incentive program, Thrive, to recruit more teams

Housing Wire

eXp Realty launched a new program to attract more teams, the Thrive program, to agents in the United States and Canada, the company announced Friday. Earlier this year, the company launched its Boost Program , followed by the Accelerate Program , to incentivize independent teams, brokerages and agents to join eXp Realty. With this latest vesting schedule, team leaders who onboard will receive a non-cash equity award proportionate to their previous 12-month production, according to a news releas

Equity 431
article thumbnail

Late eXp icon Rick Geha honored with $100K fundraiser

Inman

Rick Geha Team founder Rick Geha suddenly passed away one week after eXp's annual conference in Las Vegas. The Geha family is honoring the late agent's memory with a $100,000 fundraiser for the Oakland A's Make-A-Wish Community Fund.

Agents 197
article thumbnail

Compass nabs four new teams in Colorado

Housing Wire

Four teams decided to make the leap to Compass in Colorado , the company announced on Thursday. The Bandemer Team , led by Corinna and Brooke Bandemer, BaseCamp Homes , led by Jon Mottern, Ivy House Group , led by Alexis Shoop and Benjamin Babbitt, and The Sundberg Group , led by Rian Sundberg, are the four latest recruits of the brokerage. “The strong value proposition of our company culture and close-to-contact technology continues to draw top-producing agents to Compass, ”Heather Bustos, reg

Brokerage 429
article thumbnail

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.

article thumbnail

What you should know about Sitzer | Burnett Week 1: Inman’s Top 5

Inman

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. 21 - 26, 2023.

Agents 190
article thumbnail

With increased offer, Rithm now expected to close on Sculptor

Housing Wire

New York-based Rithm Capital, the parent company of Newrez , has received the blessing of Sculptor’s founder Daniel S. Och and his group to acquire the asset management firm for $719 million, representing a 14% increase over the original bid. The support comes three months after the deal was made public on Jul. 24. After the announcement, Rithm faced competition from a group of investors , including Boaz Weinstein, Bill Ackman, Marc Lasry and Jeff Yass, resulting in a dispute among Sculpto

Closing 426
article thumbnail

Pl@tform gives @properties | Christie’s International Real Estate agents a well-integrated, stable proptech foundation: Tech Review

Inman

What started in 2005 has become the foundation for what is now a multifaceted business application that can benefit all level of agents who hang a license at an @properties | Christie’s International Real Estate office.

Agents 187
article thumbnail

Consumer Sentiment Takes Large Tumble in October

RIS Media

Consumer sentiment dropped 6% in October, according to data from the University of Michigan. “Consumer sentiment confirmed its early-month reading, falling back about 6% this October following two consecutive months of very little change. This decline was driven in large part by higher-income consumers and those with sizable stock holdings, consistent with recent weakness in… The post Consumer Sentiment Takes Large Tumble in October appeared first on RISMedia.

article thumbnail

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.

article thumbnail

Corcoran announces 1st Canadian franchise to launch in Toronto

Inman

Corcoran will launch Corcoran Horizon Realty in Toronto, Ontario, through its partnership with the brokerage formerly known as Rego Realty.

Brokerage 187
article thumbnail

Commercial vs Residential Real Estate: Which Investment is Best?

Bigger Pockets

Whether you’re new to real estate investing or have been investing for a while, you’ve probably asked yourself if commercial or residential real estate is a better investment. The truth is, neither option is better than the other—both have pros and cons that investors need to evaluate to determine which investment type is right for them.

article thumbnail

Starving for clients? Double down on these 5 marketing basics

Inman

Nearly 25 years in, Las Vegas broker Alex Adabashi has seen the ups and downs of many markets. Learn the tried-and-true strategies he recommends to generate and convert more leads.

Marketing 187
article thumbnail

401k vs Real Estate: Which Is Best for Retirement?

Bigger Pockets

Deciding between a 401k and real estate investment for retirement is a critical choice that will affect you now and in the future. Both have unique benefits and drawbacks, and understanding them can help you navigate the path to a more secure financial future.

Finance 130
article thumbnail

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.

article thumbnail

Newly funded, real estate guessing game Housle eyes expansion

Inman

Eight months after launching real estate's answer to Wordle, the home price guessing game has drawn 200,000 users from more than 150 countries. Now its creator has plans to grow even more.

187
187
article thumbnail

Real Estate vs Real Property: What’s the Difference?

Bigger Pockets

The concepts of real estate vs real property represent different aspects of property ownership. Real estate is defined as a physical property and any attachments or improvements made to it. Real property comes with a bundle of common law rights that extend beyond the physical existence of the property.

As-is 129
article thumbnail

Alternative financing can offer a world of options for diverse buyers

Inman

Keller Williams Head of Inclusion and Belonging Julia Lashay Israel outlines the way non-interest loans serve religious communities with restrictions on borrowing while for non-citizens, ITIN loans open doors to homeownership.

Finance 183
article thumbnail

Rookie Reply: Non-Renewal Notices, Rental Arbitrage, and Hard Money 101

Bigger Pockets

If a potential tenant approaches you about Airbnb rental arbitrage, you may wonder if there’s a catch. Are you responsible for damages? What if you encounter a noisy guest?

129
129
article thumbnail

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.

article thumbnail

Should your dream team be super-sized or narrowly niched?

Inman

While your professional journey is a personal one, luxury consultant Chris Pollinger says it's easier when you aren't trying to go it alone. Join with like-minded individuals and building a team that's right for you can make all the difference.

Brokerage 183
article thumbnail

Your Hub for Complete Coverage of the Burnett vs NAR Trial

RIS Media

As the defense was expected to wrap up its testimony Friday and with closing arguments set to come as early as Monday, real estate’s “trial of the century” has had industry professionals glued to their seats to find out how the jury will come down on the fate of buyer agency compensation in the United… The post Your Hub for Complete Coverage of the Burnett vs NAR Trial appeared first on RISMedia.

article thumbnail

7 massive mistakes most real estate agents are making right now

Inman

The best way to learn is from the mistakes of others, and right now, many agents are making critical mistakes that are leading to business destruction, writes Jimmy Burgess. Here’s how you can avoid their mistakes and fill in the holes they’re creating when committing these errors.

Agents 179
article thumbnail

Mortgage Mix: Rates Rise as Challenges Persist

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. Mortgage rates continued their rise this week, edging closer to 8%, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 7.79%, while the 15-year fixed-rate mortgage averaged 7.03%.

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

3 hauntingly good tips for elevating your Halloween marketing

Inman

Learn how Los Angeles Realtor Sierra Schotts turned her latest listing into an opportunity to have some fun during spooky season.

Marketing 167
article thumbnail

Weichert Hosts “Sellebration” Conference

RIS Media

Weichert Real Estate Affiliates, Inc. welcomed over 300 Weichert® affiliated brokers, owners, and associates to its national conference, the Weichert Sellebration, earlier this month at Baha Mar in Nassau, The Bahamas. The event, which took place from Oct. 10-12, offered attendees events such as keynote speakers, breakout sessions with industry experts, and the opportunity to… The post Weichert Hosts “Sellebration” Conference appeared first on RISMedia.

article thumbnail

Former Black-Owned Catskill Guest House in Need of Rescue, Yours for $99K

Brownstoner

It requires looking past some caution tape, but for those not daunted by old-house challenges, this Catskill cottage offers the opportunity to bring some life back to a dwelling that spent decades as a Black-owned guest house. In the early 20th century two women made this quirky cottage a welcoming… Read More > The post Former Black-Owned Catskill Guest House in Need of Rescue, Yours for $99K appeared first on Brownstoner.

122
122
article thumbnail

Berkshire Hathaway HomeServices Nevada Properties Opens New Office

RIS Media

Berkshire Hathaway HomeServices Nevada Properties is celebrating the grand opening of its newest Class-A office campus on Thursday, December 7. Located at 1490 Center Crossing Road in Summerlin, the two-story building encompasses over 30,000 square feet of coworking space designed to unify individual teams and client relationships. The grand opening event will begin at 10… The post Berkshire Hathaway HomeServices Nevada Properties Opens New Office appeared first on RISMedia.

Design 122
article thumbnail

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.