Housing Wire
SEPTEMBER 26, 2024
The question from the housing industry after the Federal Reserve ’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? A new report from Redfin suggests that it is already happening. The company analyzed mortgage rate-lock data from Optimal Blue and found that locks have risen 68% this week compared to one month earlier.
Real Estate News
SEPTEMBER 26, 2024
While touring is up, mortgage purchase applications and pending sales are subdued. Inventory shows some promise but “extra stale” listings have increased.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 26, 2024
In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by real estate technology firm Clever Real Estate. Clever surveyed 516 real estate agents in late August and early September, after the changes were implemented on Aug. 17.
Real Estate News
SEPTEMBER 26, 2024
The new guide from the National Association of Realtors also explains how concessions (which can be used to pay an agent) differ from offers of compensation.
Advertisement
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.
Housing Wire
SEPTEMBER 26, 2024
Homebuyers will soon have access to climate risk data on Zillow , according to an announcement on Thursday. Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood , wildfire , wind, heat and air quality through risk scores, interactive maps and insights into insurance requirements. “Climate risks are now a critical factor in home-buying decisions,” Zillow chief economist Skylar Olsen said in a statement. “Healthy markets are ones where
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
SEPTEMBER 26, 2024
After hitting the second-lowest level on record in July , pending home sales rose slightly in August, according to data released Thursday by the National Association of Realtors (NAR). The Pending Home Sales Index rose 0.6% month over month in August to a reading of 70.6. A reading of 100 is equal to the level of contract activity in 2001. Despite the monthly increase, last month’s reading was still down 3% year over year.
Real Estate News
SEPTEMBER 26, 2024
The Rocky Mountain State revokes troubled brokerage’s license over 40-year right-to-list agreements as Minnesota joins 10 other states in filing suit.
Housing Wire
SEPTEMBER 26, 2024
Multiple listing services (MLSs) have a wealth of data, and one technology company thinks it has found an innovative way to use it. Real estate data company StreetWire has partnered with Northern California MLS MetroList to produce an insurance product called Home Value Lock. It’s designed to protect homeowners from declining home values. The coverage is good for three years after the closing date on a home purchase, and the insurance covers up to 10% of the original purchase price.
Inman
SEPTEMBER 26, 2024
An environment where the fed funds rate is being cut instead of raised has historically been better for the real estate industry. Now is the time for agents to become the resource for information and professionalism.
Advertisement
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.
Housing Wire
SEPTEMBER 26, 2024
The Compass team in Austin is welcoming back one of its own. Luxury agent Mike Mogavero is returning to the brokerage after a stint with The Agency. Mogavero is also bringing Christen Lowe, his partner in the MOLO Group , with him. The pair topped $38.8 million in sales volume in 2023, with Mogavero accounting for $33.2 million of the total, according to RealTrends Verified.
Inman
SEPTEMBER 26, 2024
Business has largely continued as usual with 63 percent of agents reporting that sellers are "frequently" covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents.
Calculated Risk Real Estate
SEPTEMBER 26, 2024
It has been over 18 years since the bubble peak. In the July Case-Shiller house price index released on Tuesday, the seasonally adjusted National Index (SA), was reported as being 74% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 11% above the bubble peak (and historically there has been an upward slope to real house prices).
Inman
SEPTEMBER 26, 2024
Rayse, which the company has positioned as a way of "pushing back against the settlements," is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins.
Advertisement
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.
RIS Media
SEPTEMBER 26, 2024
Pending home sales in August rose 0.6%, following a 5.5% drop-off in July, according to the National Association of REALTORS® (NAR). The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss. Year-over-year, the West registered growth, but the Northeast, Midwest and South declined. Year-over-year, pending transactions were down 3%.… The post Pending Home Sales Up 0.6% in August; Only Northeast Down in Transactions appeared first on RISMedia.
Inman
SEPTEMBER 26, 2024
"NAR is about to get a wake up call," the Moreland Properties agent told Inman in an interview that touched on Austin's growing pains and NAR's future ahead of his talk at Connect Austin in October.
RIS Media
SEPTEMBER 26, 2024
Homeownership: The American Dream. Those buyers who make it happen for themselves and their families know there is very little that will top that feeling of accomplishment. Owning your own home almost always means building financial security. It also means there are very few rules for what you want to do with your property, inside… The post Buyer Turnoffs: How to Make Sure Seller-Client Homes Are as Appealing as Possible appeared first on RISMedia.
Inman
SEPTEMBER 26, 2024
Learn more about this Indiana broker-owner, and find out about the "disastrous" experience that pushed her to get her real estate license and become a true residential expert.
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.
RIS Media
SEPTEMBER 26, 2024
In a new filing yesterday, plaintiffs and defendants in the looming mega-buyer commission lawsuits previewed some of the disputes and potential paths forward—including damages, settlement disputes and ongoing appeals—that could put the industry back in the throes of legal uncertainty, even as seller-filed litigation has largely been resolved by settlements.
Inman
SEPTEMBER 26, 2024
Whether you characterize them as "reasons" or "explanations," excuses undermine your credibility and weaken your intentions, trainer Bernice Ross writes. Find out how to stop making excuses so you can maximize your professional performance.
RIS Media
SEPTEMBER 26, 2024
While mortgage rates barely registered a dip this week, it was enough for economists to report they’ve reached their lowest point in two years, helping to keep refinance activity buzzing along in recent weeks as well. According to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, the average 30-year fixed-rate mortgage (FRM) dipped… The post Average Mortgage Rates Fall to Lowest Level in Two Years appeared first on RISMedia.
Inman
SEPTEMBER 26, 2024
When you're on the go, and using public Wi-Fi, you can open yourself up to security breaches. Security expert Robert Siciliano offers best practices for protecting yourself and your information.
Advertisement
Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.
RIS Media
SEPTEMBER 26, 2024
Above, Lamacchia company outing Anthony Lamacchia isn’t kidding or even exaggerating when he says he knew at the age of seven that he’d build a big company someday. That prediction has since come true—and then some. Today, as he celebrates his 20th year in the residential real estate business, Lamacchia has not only created a… The post From Agent to Advocate: Anthony Lamacchia’s 20-Year Real Estate Run—and Where He’s Headed Next appeared first on RISMedia.
Inman
SEPTEMBER 26, 2024
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding and marketing strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.
RIS Media
SEPTEMBER 26, 2024
Valerie Toya, a Navy veteran and owner of Versa Defense, is on a mission to empower women through the Safe Woman Series™—an initiative that empowers women with practical, comprehensive safety education, offering tools and confidence to protect themselves. Toya’s mission has evolved to address the unique safety challenges faced by real estate professionals, providing essential… The post Empowering Individuals to Live Confidently and Safely appeared first on RISMedia.
Inman
SEPTEMBER 26, 2024
Consumer goods magnate Anand Khubani has bought three parcels on La Gorce Island from the trust of the late Dr. M. Lee Pearce, marking the priciest deal in Miami-Dade County so far this year.
Advertisement
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.
RIS Media
SEPTEMBER 26, 2024
With predictions about the impact of the National Association of REALTORS®’ (NAR) Burnett settlement all over the map, ranging from higher costs for first-time buyers and job losses among REALTORS® to more transparency in transactions and lower overall commission costs and home prices in the long run, Clever Real Estate surveyed homeowners, those who plan… The post Report: How Homebuyers, Sellers and Agents Are Adjusting to Commission Changes appeared first on RISMedia.
Inman
SEPTEMBER 26, 2024
Two companies in the pre-sale home renovation business, BOSSCAT and HouseAmp, agree to work together to streamline services.
RIS Media
SEPTEMBER 26, 2024
Rayse—the technology platform redefining the real estate agent-client relationship—has announced that they have begun rolling out its platform to its first 200 brokerages. The company’s platform offers a transparent, real-time solution for tracking and communicating buyer agent services, revolutionizing the home buying experience. According to research from WAV Group, 25% of home buyers believe that… The post Rayse Begins Rolling Out New Proptech Platform to Brokerages appeared first
Expert insights. Personalized for you.
485 
Let's personalize your content