Tue.Oct 24, 2023

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Future Agents: What will next-gen real estate pros be like?

Inman

New technology is opening the door for a new generation of real estate professionals. Find out what broker Stuart Collier says they'll be able to do with the help of integrated tech.

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Anywhere shows Q3 profit in difficult housing market

Housing Wire

Despite stalling home sales in the third quarter, Anywhere Real Estate managed to deliver “considerable profitability.” The company closed the third quarter with $1.6 billion in revenue, which is 12% lower than Q3 2022, but $129 million in net income, an increase of 135% compared to the same time last year. “Anywhere led through a difficult housing market to deliver considerable profitability and achieve substantial debt reduction,” Ryan Schneider , Anywhere president and CEO said in

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One remarkable year, and one resilient industry

Real Estate News

There’s been no shortage of news — and challenges — in the past 12 months. But real estate pros keep finding ways to win, and we’re proud to tell their stories.

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Patton Gade, top LO for VA loans, heads to UMortgage

Housing Wire

Patton Gade, the top producing loan officer for VA home loans in the U.S. last year, has joined brokerage firm UMortgage , the company announced on Tuesday. Arizona-based Gade, a graduate of the U.S. Military Academy at West Point, will continue to originate loans and hold the national director of military lending position at UMortgage. He’ll join forces with fellow veteran loan originator Jay Bunte in the brokerage firm.

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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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The Perks of Selling Your House When Inventory Is Low

Keeping Current Matters

When it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move.

Marketing 294
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NAR CEO back on stand for second day of defense testimony in commission lawsuit trial

Housing Wire

KANSAS CITY, Missouri — National Association of Realtors CEO Bob Goldberg was back on the stand Tuesday morning at the start of the seventh day of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit. After undergoing questioning from Ethan Glass, NAR’s lead attorney on Monday, Goldberg faced Michael Ketchmark, the lead attorney for the plaintiffs, at the start of Tuesday’s proceedings.

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More Trending

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Insellerate integrates its CRM solution with Finastra’s MortgagebotLOS

Housing Wire

Insellerate , a CRM provider serving banks, lenders and credit unions, announced an integration with Finastra ’s MortgagebotLOS and Originate solutions on Tuesday. Thanks to this latest collaboration, lenders who use Finastra’s software will benefit from a seamless, fully integrated CRM as well as a marketing automation solution. “Finastra has a long history of delivering innovative solutions to its customers,” Josh Friend, CEO of Insellerate, said in a statement. “With this i

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A day of heated cross-examinations in Sitzer/Burnett

Real Estate News

During a grinding morning of testimony, CEO Bob Goldberg repeatedly said NAR doesn't weigh in on commissions, while emotions ran high in the afternoon.

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CoStar’s 50th quarter of double-digit revenue growth

Housing Wire

CoStar Group’s annual revenue increase of 12% during the third quarter of 2023 marked the 50 th straight quarter of double-digit revenue growth. The company reported revenue of $625 million and net income of $91 million, up 25% compared to a year ago, for the quarter. “We have diversified our revenue across counter-cyclical marketplaces, such as Loop Net and Apartments.com , while diversifying CoStar product revenue into broader verticals,” Andy Florance, CoStar’s founder and CEO, said during th

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Tech Bytes: News from Lone Wolf, RealScout, Real Brokerage

Real Estate News

Lone Wolf unveils end-to-end platform; agent-client collaboration platform RealScout gets an upgrade; Real announces new app, enhanced AI and marketing tech.

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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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4 key partnerships to leverage for real estate success

Housing Wire

In my experience within the real estate industry, a fundamental lesson stands out: the power of partnerships. These collaborations represent opportunities to combine expertise, share resources and, ultimately, elevate real estate agents’ and clients’ real estate journeys. For me, it all started with joining a team. Belonging to a real estate team at the beginning of my career unlocked a door of endless possibilities, allowing me to network with other agents’ existing connectio

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Disruption expert shares recipe for success in tough times

Real Estate News

From lawsuits to AI, “the more uncertain the future, the more options you need,” innovation professor Luke Williams told attendees at the T3 Tech Summit.

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Thadious Fisher joins Livian as SVP of revenue

Housing Wire

Livian , a real estate platform for expansion teams, appointed Thadious “Thad” Fisher as senior vice president of revenue, the company announced on Monday. In this new role, Fisher will uncover new growth strategies and sales processes, and expand Livian’s market center teams. He’ll also help agents boost their production. “I’m thrilled and honored to join Livian, where we are incredibly focused on our mission to partner with the most talented teams in the country,

Agents 381
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CoStar to accelerate investment in Homes.com, posts revenue gains

Real Estate News

The company reported $625M in Q3 revenue and touted the growth of its residential portal, which it says is well-positioned should commission practices change.

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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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RealScout launches seller lead nurture features

Housing Wire

Agent-client collaboration platform RealScout announced the launch of RealScout Pro+ on Tuesday, the first significant update to the platform since it was founded in 2012. “It was a long time coming,” Andrew Flachner , RealScout’s co-founder and president, said. “We have been the category leader in buyer nurture for many years now and we have been widely viewed by our customers as the best way to keep clients in an ecosystem that they have visibility and control over, but that was mainly around

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Buffett, Munger foresee ‘hollowed out’ downtowns on the horizon

Inman

Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. "The buildings don’t go away," Buffett said.

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WA lawmakers seek ‘rent-to-own’ audit, worried about broken promises

Seattle Times Real Estate

Washington lawmakers have requested an audit of certain rent-to-own housing programs, saying they believe lack of oversight is allowing promises to be broken.

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CoStar posts 50th-straight quarter of revenue growth in Q3 earnings

Inman

CoStar Group earned $625 million in Q3, clinching its 50th consecutive quarter of revenue gains. The company also highlighted a 1,290 percent annual growth in Homes.com traffic.

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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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COURT UPDATE: Goldberg Forceful on Cross as Plaintiffs Launch Full-Court Press on Commissions

RIS Media

KANSAS CITY—After the National Association of REALTORS® (NAR) kicked off their defense in the Burnett class-action commission trial yesterday, Mike Ketchmark, lead counsel for the plaintiffs, took his best shots against NAR CEO Bob Goldberg—who gave as good as he got in several combative interactions. The plaintiffs’ case hinges on convincing a jury that the… The post COURT UPDATE: Goldberg Forceful on Cross as Plaintiffs Launch Full-Court Press on Commissions appeared first on RISMedia.

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Real rebrand is focused on putting the consumer first

Inman

In conjunction with the start of operations in its 50th state, Nebraska, Real wants to become “a real estate experience company,” according to the unveiling of a new brand position at the 2023 RISE event, the company’s annual conference.

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Rent Prices Dip for Fifth Straight Month

RIS Media

Rents in the 50 largest metros dropped to $1,747 in September, down $29 from the peak seen in July 2022, according to a new report from Realtor.com. Realtor.com’s September Rental Report found that rent prices, while still significantly higher than pre-pandemic levels, dipped on an annual basis for units of all sizes. Additionally, an uptick… The post Rent Prices Dip for Fifth Straight Month appeared first on RISMedia.

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Livian names former eXp executive Thad Fisher as SVP of Revenue

Inman

Livian, the Keller Williams mega team, has named Fisher as its senior vice president of revenue. The former eXp vice president of global growth will oversee Livian's growth strategy and market center expansion efforts.

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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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COURT UPDATE: Goldberg Takes Stand as NAR Defends Value of Buyer Agents

RIS Media

Above: NAR CEO Bob Goldberg KANSAS CITY—Yesterday, the defense in the potentially landmark Burnett trial began to lay out their case, following a week of blistering attacks by the plaintiffs alleging collusion, price fixing and conspiracy between the National Association of REALTORS® (NAR) and major corporate brokerages. The trial, which began last week, is the… The post COURT UPDATE: Goldberg Takes Stand as NAR Defends Value of Buyer Agents appeared first on RISMedia.

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17 ways to audit your online content as Sitzer | Burnett unfolds

Inman

Are some of the issues coming out in the bombshell trial making you uneasy about your digital footprint? Find out what to check and how to make sure that your online content is kept current.

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Inside a Chic Palm Beach Getaway

Sotheby's International Real Estate

Palm Beach is widely known for its distinctive Mediterranean Revival and Venetian-inspired architecture—an aesthetic due in large part to the work of the legendary Addision Mizner. This generous three-bedroom villa in a prime location—walking distance from shops, restaurants, the Lake Trail, and sunny sandy beaches—is of newer construction than many of the island’s landmark estates, but its façade is fully in keeping with the prevailing Mediterranean milieu, with its classic barrel-tiled rooflin

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Corcoran expands Houston footprint with new affiliate launch

Inman

No one can predict the future, but you can prepare. Find out what to prepare for and pick up the tools you’ll need at the Virtual Inman Connect on Nov. 1-2, 2023. And don’t miss Inman Connect New York on Jan. 23-25, 2024, where AI, capital, and more will be center stage.

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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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New RPR® features help REALTORS®

RIS Media

NAR PULSE—Share this super informative podcast with your agents! So far, 2023 has been quite a year for RPR® (Realtors Property Resource®). Guest (and host!) Reggie Nicolay discusses all the new and upgraded features and tools, including Shareable Market Trends, the Market Trends ScriptWriter, free Canva templates and more. Help Your Agents Shine Online!

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RealScout Pro+ is company’s ‘most significant update since launch’

Inman

The platform update is called RealScout Pro+, and it's highlighted by Auto Nurture, a functionality that will automate outreach efforts to new and previous CRM entries. The intent is to stimulate scaling for teams and agents as the industry trudges through a multi-faceted slowdown.

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Committing to Continuous Education

RIS Media

Above: Elaine Graf Real estate professionals are some of the hardest workers out there, always grinding for their business and the clients they serve. As they push every day to be the best, those who have demonstrated outstanding service, skill and professionalism in serving buyers deserve to be recognized. Going above and beyond for each… The post Committing to Continuous Education appeared first on RISMedia.

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Lesson Learned: Listen more than you speak

Inman

Find out how Jersey City real estate professional Diana Sutherlin puts her background in acting and marketing to work to improve client relationships.

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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.