Mon.Jun 12, 2023

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Cheap Real Estate Classes: Top 5 Schools For Fast Licensing

Kyle Handy

Aspiring to kickstart your career in real estate, but feeling held back by the high cost and time-consuming nature of traditional licensing classes? The problem is a common one – investing in a new career path can be daunting, especially when faced with hefty tuition fees and a lengthy commitment. It can feel like you’re stuck in a paradox – wanting to propel your career forward, but unwilling or unable to invest substantial time and money into a traditional real estate school.

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Nearly 90% of recent mortgages originations were purchase loans

Housing Wire

The housing market, which is facing challenges with mortgage rates , affordability, prices and inventory, hasn’t been this purchase-dominant in decades, according to Black Knight ’s originations market monitor report. Today, nearly nine out of every 10 mortgages originated is a purchase loan, the report notes. Last month, purchase locks accounted for 88% of the market mix, marking a record high.

Loans 448
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There are fewer millionaires — but don’t blame it on real estate

Real Estate News

A World Wealth Report found that the number of millionaires fell by 800,000 in one year, but real estate has been a fairly resilient asset.

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HomeZada rolls out AI-powered chat assistant for homeowners

Housing Wire

HomeZada , a cloud-based platform for digital home management, announced on Monday that it has added Zada, an AI chat assistant, to the suite of apps on its platform. The goal of Zada Home AI Assistant is to assist with the challenges homeowners face when trying to finding answers on remodeling projects, product comparisons, and maintenance and repair inquiries by offering a secure platform that allows users to engage in interactive, two-way conversations.

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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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OKC brokerage leverages its reputation to lure two teams

Real Estate News

Rob Allen, CEO of Sage Sotheby's Realty, says a slower market has agents wondering if they're at the right brokerage — but he doesn't sign just anyone.

Brokerage 263
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Fannie Mae re-releases 2022 DFAST after errors found in model

Housing Wire

In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, Fannie Mae has released a new version of its 2022 Stress Test Disclosure, which reflects two hypothetical economic scenarios, including a “severely adverse” scenario. The report was initially released in August 2022, but Fannie Mae announced in November that it had made a “recent identification of errors in an underlying model.

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Retention: The other side of the recruitment coin

Inman

We sat down with three CENTURY 21® retention leaders to better understand how to keep your affiliated agents satisfied and still affiliated with us. What follows are the 3 keys to making your retention rate shine.

Agents 167
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Elon Musk Says Home Prices Are Going To Fall—Is The World’s Richest Person Right?

Bigger Pockets

That’s what Tesla and SpaceX founder Elon Musk tweeted last week in response to a stream of tweets from venture capitalist David Sacks.

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Get a taste of 10 outdoor kitchen trends for spring

Inman

The best outdoor kitchens "work" just like their indoor counterparts. For decades, architects designed the ‘kitchen triangle’ — assuring an easy reach between sink, refrigerator, and range. Today, the best outdoor kitchens follow the same formula.

Design 158
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Households’ Real Estate Asset Value Falls for Third Consecutive Quarter

Eye on Housing

The first quarter of 2023 release of the Z.1 Financial Accounts of the United States shows for a third consecutive quarter the value of households’ real estate assets contracted. The combination of economic uncertainty and declining home prices has played a role over the past year in decreasing the value of households’ real estate assets. The level of households’ real.

Equity 128
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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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Meade High School, Kelly Moss and the rise of fake real estate listings

Inman

Two fake Zillow listings went viral at the end of May — one a high school senior prank and the other resulted in buyers losing thousands. Here's how to save clients from online scammers.

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Think Twice: Here’s When to Make (and Not Make) Gut Decisions

Bigger Pockets

We all use our gut, but some use it more than they should, and others use it less. This article is about finding a solid middle ground.

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EXCLUSIVE: Get ready for Sherry Chris’ exit interview with Access

Inman

RealScout President Andrew Flachner will sit down with Sherry Chris, former CEO of Anywhere Expansion Brands, to discuss her extraordinary career. Submit your questions for Chris today.

Branding 158
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How I Make $1 Million in Annual Cash Flow After Less Than 10 Years of Investing

Bigger Pockets

You can be wildly successful in real estate and do it in a relatively short amount of time. Read this story about making $1 million annually in less than 10 years.

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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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‘Overachiever’ Dana Cadena preaches the power of the calendar

Inman

Leader of Overachiever Central, Dana Cadena has helped several agents become seven-figure-producing mega-agents, she shared ahead of her appearance at Inman Connect Las Vegas.

Agents 148
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How to Build a Million Dollar Rental Portfolio with Little Time OR Money

Bigger Pockets

If you want to build a rental portfolio, you need to know how to scale the right way.

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How many Instagram Stories should I do a day?

Inman

Instagram Stories operate differently than other features like Posts and Reels. Sue "Pinky" Benson helps you learn how to make them work for your real estate business.

Agents 148
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Helping Agents Monetize Their Sphere

RIS Media

On a mission to transform the real estate transaction process, the homegenius family of companies is committed to helping agents better monetize their sphere of influence. After all, agents are always looking for ways to engage their sphere and database, so it’s critical that they establish themselves as the go-to agent in their local market,… The post Helping Agents Monetize Their Sphere appeared first on RISMedia.

Agents 120
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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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Offerpad executes 1-for-15 reverse stock split to head off delisting

Inman

The pioneering iBuyer hopes to bring its share price back above the New York Stock Exchange's $1 minimum threshold.

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New and Notable Homes for Sale Over $6 Million: June 2023

Sotheby's International Real Estate

From a spectacular contemporary home in Scottsdale, Arizona, to an elegant estate in Calgary, Canada, these are this month’s five featured notable properties for sale over $10 million. Lecco, Italy Eugenia Monti Crivelli Visconti | Italy Sotheby’s International Realty Nestled on the eastern shore of Lake Annone, the villa, originally constructed in the late 19th century, is a breathtaking masterpiece surrounded by a lush four-hectare park.

Sales 112
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Real Brokerage CTO: AI ‘extremely useless without proprietary data’

Inman

The Real Brokerage has already taught ChatGPT how to help agents. But failing to use the same software or work with the same data results in few opportunities, Chief Technology Officer Pritesh Damani told Inman.

Brokerage 148
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Using Weekend Lag Time to Ramp Up Your Real Estate Business

RIS Media

What’s that? You’ve looked at your calendar for the weekend and you’ve realized you’re not as booked up as you usually are? While it’s great to get some relaxation time in, this is also the perfect opportunity to take advantage of the lag time by putting a plan in place to ramp up your business.… The post Using Weekend Lag Time to Ramp Up Your Real Estate Business appeared first on RISMedia.

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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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Lesson Learned: Get comfortable with silence

Inman

Central Florida agent Anne-Marie Wurzel brings her background in advertising and copywriting to bear on the practice of real estate, including marketing experience from more than 300 properties and management of her agency's largest client, a national REIT.

Agents 148
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NAR iOi Innovator of the Year Awards Now Open

RIS Media

The National Association of REALTORS® (NAR) has announced that applications and nominations are now open for the iOi Innovator of the Year Awards. This recognition spotlights the trailblazers advancing real estate through creativity, leadership and innovation. “Together, we have the power to define the future of real estate,” said NAR CEO Bob Goldberg.

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Maximize outreach and results: Circle prospecting strategies

Inman

Join Anthony Marguleas as he discusses the concept of circle prospecting and how it can revolutionize your lead generation and outreach strategies for boosted business.

Agents 148
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Home sales have slowed, but home prices are holding up

Real Trends

The past few weeks, Altos Research has examined how the real estate market is reacting to mortgage rates near 7%. It seems pretty clear that sales volume has dipped as rates moved up. Home buyers are holding back from making offers. Rates have inched lower in the three weeks since that last spike, but they’re still close to 7%. The HousingWire mortgage tracker lists the 30-year fixed mortgage rate at 6.7% now.

Sales 109
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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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Low inventory propped up price growth this spring

Inman

U.S. home values grew 1.4 percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets.

Marketing 147
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Monday Mindset: How to Seize the Opportunities Amid All the Negative Headlines

RIS Media

If you pay attention to the news, you’ll think the real estate industry is in trouble. We all see the headlines pop-up on our phones about soaring interest rates. On the 24-hour news channels, it’s all about low inventory levels. In some of our industry-specific social media groups, it’s complaint after complaint. Even around the… The post Monday Mindset: How to Seize the Opportunities Amid All the Negative Headlines appeared first on RISMedia.

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Here are 5 reasons we won’t see a housing market crash this year

Inman

According to Splitero CEO Michael Gifford, we’re still in an affordability crisis and unlikely to see a complete housing market tumble in 2023.

Marketing 133
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LeadingRE Adds DirectOffer to Solutions Group Program

RIS Media

Leading Real Estate Companies of the World® (LeadingRE) has announced it’s added DirectOffer to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. DirectOffer presents audio marketing to the current visual realm of real estate listings. Audio tours are a compelling marketing tool for listings, while… The post LeadingRE Adds DirectOffer to Solutions Group Program appeared first on RISMedia.

Marketing 106
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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.