Mon.Feb 26, 2024

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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties. The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. The average cost of a policy increased 40% in 2023 alone, according to a report by Redfin.

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A strong start to the year for new home sales

Real Estate News

Sales of new homes rose in January and inventory remained robust. Median prices were up even as some builders continue to offer buyer incentives.

Sales 276
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Taking a closer look at the reasons seniors ‘unretire’

Housing Wire

More U.S. seniors are working today than ever before, a trend marked either by older Americans choosing not to retire, or choosing to actually rejoin the workforce after an initial retirement. This year is also set to see the U.S. population grow older at a faster rate. The trend was the subject of a recent book, “Unretired: How Highly Effective People Live Happily Ever After,” written by journalist and management consultant Mark Peabody.

Banks 408
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The Truth About Down Payments

Keeping Current Matters

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment.

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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.

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Newrez sues former employee for soliciting senior executives to join competing lender 

Housing Wire

Top 10 mortgage lender and servicer Newrez sued one of its former executives over multiple allegations, including breach of contract, disclosure of confidential information and unfair competition tied to soliciting several Newrez executives to join a competing lender. OneTrust Home Loans , a direct competitor of Newrez’s retail mortgage business, conspired with James Hecht, former Newrez executive vice president for national retail lending, to orchestrate the termination of several Newrez execut

Loans 386
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Meet a program unlike any other: Agents to list Offerpad homes

Inman

Discover Offerpad, founded by a former agent with firsthand experience, providing innovative and customized solutions for sellers and buyers nationwide for fast, convenient real estate transactions.

Agents 181

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Leaders in luxury: In conversation with Daniel Heider

Inman

Under Daniel Heider's leadership, the HEIDER team boasts a global audience of more than 3.9 million across their various channels, making them the most-followed real estate practice group on social media.

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CoreLogic promotes industry veteran to lead real estate business

Housing Wire

CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday. In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene will report to Devi Mateti, president of the enterprise digital solutions team.

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Offerpad narrows Q4 loss, expects to be back in black later this year

Inman

The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year.

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Livian adds four real estate teams

Housing Wire

Real estate platform Livian has recently acquired four additional teams to bolster its roster to a total of 61 teams. Livian now has teams in 27 states, amounting to more than 475 agents nationwide. “We’re bringing together the best minds in the industry to elevate our services and redefine the future of real estate,” Adam Hergenrother, CEO of Livian, said in a statement.

Agents 349
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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.

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‘Do Less, More’: Mark Willis shares KW’s bare-bones growth strategy

Inman

Ahead of his first Family Reunion since returning to Keller Williams as CEO, Mark Willis shared his excitement with Inman — and his call for a return to the basics amid a housing market in flux.

Marketing 166
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4 Success strategies for mortgage originators to thrive in 2024

Housing Wire

Mortgage originators who seek success in 2024 need to move with confidence and adaptability. To reach strategic goals for the year ahead — and avoid being left behind — here are four strategies for originators to consider. 1. Identify potential market impact The mortgage market is feast or famine, with origination volumes varying between high and low extremes.

Mortgages 345
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Star broker Jaime Richichi moves to Sotheby’s International Realty

Inman

NYC Compass broker Jaime Richichi is taking her talents to Sotheby's International Realty. Richichi's home base will be SIR's East Side Manhattan brokerage; however, she's also licensed to serve clients at the brokerage's East Hampton and William Pitt offices.

Brokerage 164
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RE team rev increased, net operating percentages decreased in 2023: Streamlined

Housing Wire

Upon examining the financial performance across various gross revenue categories, 2023 reveals a distinctive pattern in net operating percentages as they relate to increasing revenue levels, according to the Streamlined Quarterly Team Benchmarking Report , which looked at the financial performance of more than 200 teams across the nation. This report covers the Q4 2023 and the year at a glance.

Staging 332
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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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5 tips for shepherding clients through mortgage challenges

Inman

Buyer demand is still robust, but affordability challenges can make it harder for clients to qualify for financing, Luke Babich writes. Here's how to help.

Mortgages 173
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Navigating House Options During a Divorce

RIS Media

Divorce is not just an emotional upheaval but also a time of significant financial and legal decisions. It’s especially true when it comes to shared housing. The marital home is often more than just an asset. It’s a repository of memories and dreams. Deciding what to do with it during a divorce can be particularly… The post Navigating House Options During a Divorce appeared first on RISMedia.

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With $15M goal, Knock turns to ‘everyday’ investors

Inman

Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It's using Wefunder to reach $15 million total.

Investor 157
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A ‘Prime’ Listing: The House Where Amazon Was Born

National Association of Realtors: Culture Scan

A ‘Prime’ Listing: The House Where Amazon Was Born The listing agents have preserved the history of the property where Jeff Bezos invented his trillion-dollar company.

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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.

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Brokerages, lenders anticipate big recruitment push in 2024: Triple-I

Inman

Approximately 28 percent of brokerage leaders believe "recruiting and retaining talent" will be their most challenging responsibility one year from now, according to results from the Inman Intel Index survey.

Brokerage 157
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New-Home Sales Start 2024 Strong, Rising 1.5% in January

RIS Media

As the housing market correction continues to unfold in 2024, with inflation slowing and mortgage rates leveling out, new-home sales saw continued growth in January after a bounce-back in December. New-home sales registered at a rate of 661,000 in January, 1.5% above December’s rate of 664,000 and up 1.8% year-over-year, according to the latest data… The post New-Home Sales Start 2024 Strong, Rising 1.5% in January appeared first on RISMedia.

Sales 116
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What today’s buyers and sellers want in 2024

Inman

Learn how to boost your marketing by understanding today's home buyers and sellers, their motivations and desired home features.

Marketing 182
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What I Learned From National Retailers to Decide What and Where to Invest—And How You Can Do It Too

Bigger Pockets

In 2005, I decided to start an investor services business. I reviewed all the popular investing literature. What I found were self-professed experts offering opinions and no processes.

Investor 113
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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.

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3 key steps to prepare for the peak selling season

Inman

Above-average prices, buyer demand, a fast market pace and lower competition make April the perfect blend for a springtime boom.

Marketing 185
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Dave Ramsey Is Wrong—Doing This Won’t Make You Wealthy, But There Is Another Way

Bigger Pockets

Dave Ramsey is famous for his personal finance tips, most of which revolve around cutting expenses and adopting more frugal habits. That's great and sound advice, but it won't make you "rich." This is what you should do instead.

Finance 112
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Extroverts beware: AI is giving real estate introverts the advantage

Inman

Luxury consultant Chris Pollinger helps you discover how AI is revolutionizing real estate marketing, empowering introverts to shine and reshaping professional dynamics.

Marketing 149
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Las Vegas Team Leader Stresses Life-Long Learning

RIS Media

Above, from left, Robert Little, Nina Gallagher and Erik Coulter Robert (Bob) Little was a mortgage broker in Las Vegas, Nevada in 2007 when the industry imploded during the worst recession in his memory. But it may have been a blessing in disguise. “In my five years on the mortgage side,” said Little, “I had… The post Las Vegas Team Leader Stresses Life-Long Learning appeared first on RISMedia.

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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.

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Should you leave your brokerage? 5 questions to ask yourself first

Inman

Should you tough it out at your current brokerage or risk the unknown by leaving? Milena Monet shares questions to ask yourself to decide.

Brokerage 162
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Agent Empowerment Beyond the Verdict: Know Your Worth

RIS Media

The recent legal verdict involving the National Association of REALTORS® (NAR) has sent shockwaves across our industry, sparking concerns among brokers and managers. In a candid forum aimed at addressing these concerns and supporting agents through this turbulent period, I shared a crucial perspective: It wasn’t 8 million, 80,000 or even 80 people who decided… The post Agent Empowerment Beyond the Verdict: Know Your Worth appeared first on RISMedia.

Agents 105
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Institutional investors are scooping up Kiavi’s ‘fix and flip’ bridge loans

Inman

Kiavi upsizes its 16th securitization to $350 million and says largest deal since November 2021 brings total issuance since 2019 to $4 billion.

Loans 151
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Would You Live in This Well Preserved 1920s Jackson Heights Unit Asking $925K?

Brownstoner

It's in Jackson Heights, Queens, not Brooklyn, but this co-op is both spacious and remarkably intact, with original kitchen cupboards, bathroom tile, mantel, and parquet. In move-in condition, it's on the third floor of one of the eight buildings in The Towers, the neighborhood's most luxurious prewar co-op. Built in… Read More > The post Would You Live in This Well Preserved 1920s Jackson Heights Unit Asking $925K?

Marketing 105
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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.