Mon.Jul 10, 2023

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Reasons Your Home May Not Be Selling

Keeping Current Matters

When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles.

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Only in Austin, Texas are home prices sinking

Housing Wire

As the spring homebuying season comes to an end, there are distinct signs of the housing market reheating from a home price perspective. The lack of inventory drove home prices up, challenging potential buyers, Black Knight pointed out in its monthly mortgage monitor report. The reheating is widespread with more than half of the 50 largest U.S. markets seeing prices at or above 2022 peaks.

Principal 418
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How 3 agents went way, way above and beyond for their clients

Real Estate News

Every agent knows there's more to the job than pulling comps and showing homes. But sometimes closing a deal takes an exceptional level of service.

Agents 246
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LinkedIn strategies for those open to work

Housing Wire

The decline in mortgage volume and increasing interest rates mean that mortgage businesses are working to preserve their bottom lines, often by cutting costs. For many, this has meant layoffs and job cuts — in fact, almost every major mortgage lender cut a portion of their staff last year. As time goes on and uncertainty about the rest of the year remains, more mortgage professionals may find themselves updating their LinkedIn status to “Open to Work” and determining their strategy for the job h

Mortgages 368
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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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3 ways luxury nomads redefine high-end real estate

Inman

As a luxury real estate agent and global real estate adviser, the nomads that Laura McCarthy is most interested in, and who she encounter most commonly, are ultra-high net-worth individuals whose expansive portfolios include multiple properties.

Agents 122
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Rate lock volume rose 31% in June: MCT

Housing Wire

Mortgage rate volume climbed 31% in June, according to the latest report from Mortgage Capital Trading. That figure, which is based on actual locked loans, came after a 15% drop in May’s total lock production. Mortgage rates in June were generally in the 6.7% range. “We saw originations towards the end of May slow down, so this is likely a summertime pickup in originations,” said Andrew Rhodes, senior director and head of trading at MCT. “Rates, housing supply, and afford

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Will divesting Optimal Blue guarantee approval of Black Knight-ICE merger?

Housing Wire

A divesture of Black Knight ‘s product and pricing engine unit Optimal Blue is a feasible path to guarantee the merger deal with Intercontinental Exchange Inc. (ICE), Keefe, Bruyette & Woods (KBW) said in a note issued ahead of the federal preliminary injunction ruling expected later this month. “While we recognize that Optimal Blue is a high-quality asset, we do not believe it is a necessary component of the deal, particularly when considering ICE’s potential ability to bu

Mortgages 274
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Share of Two or More Stories New Homes Maintains Lead in 2022

Eye on Housing

Data obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, show that the rising trend of two or more stories homes continued in 2022. Although the overall share remained virtually unchanged, the share of two or more stories homes started construction was greater than one story homes in 2022. Nationwide, the share of new homes.

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Technology for retaining customers in a difficult market

Housing Wire

The last two years of the mortgage market have been unusual. As the refinance market plummets and the purchase market sees significant reductions in volume, lenders are faced with the challenge of finding more business. The best way to do so is to retain your current customers. CoreLogic’s Precision Marketing helps lenders connect with their customers, understand their needs and be there for them.

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‘Marginal agents’ with fewer sales now claim quarter of commissions

Inman

Agents with five or fewer sales a year took in an estimated 25-30 percent of all commission income in three disparate markets, according to an analysis of MLS data by the Consumer Federation of America.

Sales 114
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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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The Pros and Cons of Living in a Subdivision Neighborhood

RIS Media

When looking for your next home, you have many decisions to make. One of those important choices is choosing the neighborhood you want to live in. Living in a subdivision neighborhood is popular, but is it right for you and your family? We look at what to know about living in a neighborhood so you… The post The Pros and Cons of Living in a Subdivision Neighborhood appeared first on RISMedia.

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Who is Flannery, the secret owner of $1B in land near a US airbase?

Inman

The federal government is investigating Flannery Associates, an entity that has scooped up more than 80 square miles of land near Travis Air Force Base in California without disclosing who owns it.

Land 114
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How to Deodorize a House: Attack the Root Cause Before Your Home Hits the Market

HomeLight

Does your home smell like a barn or Don Draper’s ashtray? Is your nose so used to the stench that someone else had to tell you it won’t sell in this condition ? Step away from the Glade plug-in air fresheners, scented candles, and cans of Febreze. It’s time to learn how to deodorize a house by attacking the root of the cause. Masking the problem with nausea-inducing fruity fragrances will only have homebuyers reaching for the Pepto-Bismol.

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3 social media guidelines for digital experts and novices alike

Inman

“Social media is the modern billboard for any business. It presents unique opportunities for real estate professionals to promote their knowledge and services, while showcasing their personality to stand out among others,” says Abby Lee, RE/MAX Vice President of Marketing and Communications.

Marketing 114
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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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Affordable Housing Lottery Opens for Fort Greene Apartments Near BQE With A/C, in-Unit Laundry

Brownstoner

An affordable housing lottery has opened for studio, one-, and two-bedroom apartments in a forthcoming mixed-income development on Vanderbilt Avenue a few blocks northeast of Fort Greene Park. One block south of the Brooklyn Navy Yard, the property runs along Park Avenue, home to the elevated Brooklyn-Queens Expressway. The under-construction… Read More > The post Affordable Housing Lottery Opens for Fort Greene Apartments Near BQE With A/C, in-Unit Laundry appeared first on Brownstone

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How to master hashtags, amplify your social media engagement

Inman

Even though there are different opinions on how to use hashtags, one thing is certain: When used properly, hashtags can greatly increase your social media engagement and visibility, writes marketing expert Laura Viñalet.

Marketing 113
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The Ultimate Open House Checklist & Guide For Success

Lab Coat Agents

In this guide, we’ll walk you through the essential steps to take before, during, and after the open house to maximize its impact. Get ready to create a memorable experience for visitors and boost your chances of selling the property. Things to Do Before the Open House 1. Schedule the Perfect Day & Time for Your Event To maximize attendance and create a buzz around your open house, it’s important to choose the best day and time.

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Why top performers are using Opendoor for Agents

Inman

Seventy-four percent of sellers want to sell as quickly as possible, while 58 percent say receiving a cash offer is important. Opendoor is the missing link in that equation—creating simple and certain cash transactions for agents and your clients.

Agents 113
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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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Black Knight Mortgage Monitor: Home Prices Increased Month-to-month to New Record High in May

Calculated Risk Real Estate

Press Release: Black Knight: Housing Market Reignites as Home Prices Hit New Record High in May; Inventory, Affordability Continue to Plague Potential Buyers Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor report, based on the company’s industry-leading mortgage, real estate and public records data sets.

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Executive Q&A with Jon Krabbe, CoFounder of Agent Image

Inman

We often see familiar faces on the stages and pages of the real estate industry. How did they get there? How do these leaders shape their culture, their products, and their vision for the future? Jon Krabbe, CoFounder of Agent Image, shares his experience and approach to shaping a successful company.

Agents 113
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Nosalek v. Realtor-owned MLS PIN – plaintiffs’ breathtaking failure

The American Genius for Real Estate

The Phillips Report returns analyzing this latest case for Nosalek vs MLS PIN, and the distinction between rates and fees for Realtors.

MLS 98
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How important are hashtags on Instagram?

Inman

How important are hashtags on Instagram? How do you use hashtags on Instagram? Let Sue "Pinky" Benson guide you on how to teach Instagram where your content should be going.

Agents 113
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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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Daily Links: Brooklynites Slam Crossing Guard Cuts, Citing Child Safety and Jobs

Brownstoner

In the News Community Land Trusts Are Working to Create New Homeowners [NYT] How a Brooklyn Taxidermist Spends Sundays [NYT] Vandal Spray-Paints Statue at Gerritsen Beach Church: NYPD [NYP] Elegant Superyacht Draws Attention at Marina in Brooklyn Bridge Park [Eagle] Local Educators, Parents in Dismay as Crossing Guard Budget Cut [BP] Scenes From Fort Greene’s Joyful… Read More > The post Daily Links: Brooklynites Slam Crossing Guard Cuts, Citing Child Safety and Jobs appeared first on

Land 98
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Why Threads is the next big thing for real estate agents

Inman

Have you heard about the new app Threads? Jessi Healey explains why you should think about joining now while it's still the hot new thing in social media.

Agents 113
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How Staging Your Deck or Patio Can Help You Sell Your Home

RIS Media

When you’re selling your house, you want to present it in its best light. You probably know that you should stage your home’s interior to make it appeal to a wide range of potential buyers, but you might not realize how staging your outdoor living area can help you sell the property. Show Buyers an… The post How Staging Your Deck or Patio Can Help You Sell Your Home appeared first on RISMedia.

Staging 98
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Rentec Direct leverages ChatGPT to market apartment vacancies

Inman

Rentec Direct, a property management software firm, uses OpenAI's ChatGPT to help clients quickly draft marketing content for available rentals, according to the company.

Marketing 113
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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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Design Currents: Color Contrast

Brownstoner

Striking color contrasts are energizing interiors in Brooklyn and beyond. A Massachusetts kitchen by Reath Design zings with Delft blue, lavender, tomato, and daffodil. Shades of azure outline windows and doors and create trompe-l'œil arches in rooms by designers Frances Merrill, Gillian Lawlee, and Hollie Velten. No stranger to a… Read More > The post Design Currents: Color Contrast appeared first on Brownstoner.

Design 98
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What every agent should know about marketing metrics

Inman

Forget the jargon and hype, and use these terms to get to next-level marketing prowess, writes broker-owner Eric Bramlett. Here are the metrics that truly move the needle.

Marketing 113
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Home Prices in These 5 Counties Grew the Most Since Last Year

Bigger Pockets

These 5 counties saw the highest year-over-year gains in price. You might be surprised by what number one is.

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Widow of billionaire David Koch unloads Manhattan townhouse

Inman

The $41 million transaction is merely the most recent in a string of deals by philanthropist Julia Koch, who also purchased a pair of Upper East Side apartments last year from the estate of Paul Allen.

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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.