Tue.Mar 21, 2023

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Lower mortgage rates fueling existing home sales

Housing Wire

Existing home sales had a huge beat of estimates on Tuesday. This wasn’t shocking for people who follow how I track housing data. To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from 7.37% to 5.99%. During November, December and January, purchase application data trended positive, meaning we had many weeks of better-looking data.

Sales 511
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Tech 200: Moving closer to real estate’s 'holy grail'

Real Estate News

T3 Sixty’s assessment of who's leading in real estate tech includes 241 products from 78 companies.

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Keeping Current Matters hires George Ratiu as chief economist

Housing Wire

Keeping Current Matters (KCM) announced Tuesday that George Ratiu, formerly the manager of economic research at Realtor.com , has joined the company as chief economist. Ratiu has more than 15 years’ experience tracking the U.S. economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. before joining Realtor.com in 2021 where he led a team covering broader economic trends, housing activity and consumer issues.

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Home sales way up in February, but spring numbers could dip

Real Estate News

NAR reported a big jump in existing home sales from January to February, though sales and prices are down compared to a year ago.

Sales 264
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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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Existing home sales rise for the first time in a year

Housing Wire

After 12 months of declines , existing home sales rebounded in February, climbing 14.5% month over month to a seasonally adjusted annual rate of 4.58 million homes, according to a report from the National Association of Realtors (NAR) released Tuesday. February’s month-over-month increase is the largest monthly percentage increase recorded since the 22.4% monthly gain reported in July 2020.

Sales 397
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The Role of Access in Selling Your House

Keeping Current Matters

Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers.

Agents 253

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RentSpree adds realMLS to its growing list of partners

Inman

Technology company RentSpree has partnered with Jacksonville, Florida's, realMLS to empower agents in the rental business, the company exclusively told Inman.

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Black Knight’s Scout added to Fannie Mae’s new valuation options list

Housing Wire

Lender and appraisal management companies and other property data collection companies can now use Black Knight ‘s Scout mobile property inspection as part of the value acceptance plus property data process. With the cloud-based Scout app, users can easily collect detailed interior and exterior property data using a mobile device, Black Knight said Tuesday.

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Falling existing-home sales reverse as record-streak of price hikes end

Inman

Existing-home sales surged 14.5 percent in February, reversing a yearlong trend of falling transactions from one month to the next, according to data released Tuesday by the National Association of Realtors.

Sales 148
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Existing Home Sales Surged in February

Eye on Housing

A brief drop in mortgage rates and a pullback in home prices boosted existing home sales in February, according to the National Association of Realtors (NAR). The 30-year mortgage rates averaged less than 6.3% in February per Freddie Mac and the median sales price in February posted the first decline since February 2012. The monthly increase in sales ended a.

Sales 122
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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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E&V CRM launch empowers Engel & Völkers Americas

Inman

Real estate brokerage Engel & Völkers is rolling out a significant technology effort for its Americas operation offices and agents with the help of software company Chime, Engel & Völkers exclusively told Inman.

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Inside the Rossmore House

Sotheby's International Real Estate

The streets of Los Angeles are strewn with a variety of lavish estates, from glorious Old World–inspired manors with roots in Hollywood’s golden era to iconic Mediterranean-style villas and sleek, chic newly constructed contemporary oases with crisp lines and walls of glass. This august redbrick residence in the prestigious Hancock Park neighborhood makes no bones about its kinship with the homes of the former group, with a provenance dating to the early 1920s, a readily apparent English influen

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17 must-follow real estate experts on Twitter who’ll help you level up

Inman

These powerhouse real estate experts share their knowledge freely on Twitter, taking on real estate topics as well as marketing, operations and other business topics, which you can learn from and implement in your own business.

Marketing 148
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When Is the Best Time to Buy a House in Texas?

HomeLight

It’s said that everything’s bigger in Texas, but if you don’t want that to include the purchase price of your new house, you may ask, “What’s the best time to buy a house in Texas?” Are you looking for a quick sale, extended inventory, or a low price? With insights provided by top agent Kristee Leonard , who works with 68% more single-family homes than the average Austin agent, we’ll examine some of the factors that could influence the timing of your Texas home purchase.

Agents 105
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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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Creative financing rules as investors head into spring with fewer options

Inman

Real estate investors are heading into spring facing the same inventory and interest rate woes that are dampening all of real estate. But sometimes necessity is the mother of invention.

Investor 148
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Homebot Acquires Quo, a Mobile App for First Time Homebuyers

Realty Biz

Homebot , an ASG home education portal that empowers consumers to make smart home finance decisions and facilitates meaningful engagement between loan officers, real estate agents, and their clients, today announced its acquisition of Quo Finance (“Quo”), a mobile app that helps first-time homebuyers secure their dream home and begin to build wealth.

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How to overcome your emotional insecurity about Instagram

Inman

Find out how to get over your fears and show up as your authentic self on social media so that you can make more connections.

Branding 148
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Miami-Dade Luxury Sales Surge

Realty Biz

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems. MIAMI Chairman of the Board Ines Hegedus-Garcia Miami real estate, which posted its second-most total home sales in history in 2022 despite an unprecedente

Sales 100
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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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How do you write a killer real estate bio? Start here

Inman

Marketing yourself and your business starts with your bio. Part 2 of this 5-part series shares what to write and how to ensure you look your best.

Marketing 148
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Tips and Scripts for the First Phone Conversation

Broke Agent Media

Every time you make a cold call, you’re meeting someone for the first time. From the moment you say hello, it’s important to be direct, clear, and engaging. After all, you don’t want to waste any of their time. But too often, agents hear the first objection and make the mistake of giving up on the conversation too quickly. Instead of hanging up, it’s important to use objections as an opportunity to learn more about the homeowner’s needs and concerns.

Equity 98
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Software vendors gear up to support appraisal-free mortgages

Inman

Starting April 15, Fannie Mae says more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property.

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Taylor Swift’s Real Estate Empire

Broke Agent Media

Don’t put her in the basement when she wants the penthouse of your heart. Taylor Swift just finished weekend 1 of her wildly successful Eras Tour , which has us thinking about her $150 million real estate empire again. Since BAM’s last breakdown of Swift’s portfolio, it has already increased significantly in worth. Here’s an overview of what Taylor Swift’s current real estate portfolio is worth today.

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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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SFARMLS launches listing management app for 4,000+ agents

Inman

The San Francisco Association of Realtors and Zenlist have partnered to build a mobile listing management app for agent members.

Agents 144
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RPR app: Release Notes March 2023

Realtors Property Resource

See the many updates to the RPR Mobile app! The post RPR app: Release Notes March 2023 appeared first on Realtors Property Resource (RPR).

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KW franchisees accuse Gary Keller of ‘illicit tactics’ in new lawsuit

Inman

Market center owners Colleen and Bart Basinski claim Keller Williams CEO Gary Keller and others targeted them after they resisted market cap policies and supported ex-CEO John Davis.

Marketing 122
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What the 2023 Remodeling Impact Report Reveals about Outdoor Features

Broke Agent Media

BAM Key Details: The 2023 Remodeling Impact Report: Outdoor Features by NAR/NALP revealed the contrast between REALTOR® recommendations for improving a home’s curb appeal and homeowners’ assessment of the emotional impact of each landscaping project. Real estate professionals can use this data to help potential clients boost their home’s property value, even if they’re not planning to sell yet.

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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 fast and easy ways to get real estate listings today

Real Trends

The way you “get” listings is to own the customer relationship before and after the transaction. Most real estate agents fall short in this area, so it’s essential to be a marketing and advertising pro both before and after the transaction. Here are five fast and easy ways to get listings in 2023 : Content marketing The goal is to go viral with content marketing.

Agents 96
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How to Lead with Certainty in Uncertain Times

Broke Agent Media

Anytime you’re in an advising, leadership or business position and you can create certainty, it lets everyone take a deep breath and chill out a little bit. And right now, we all need it. There’s so much bad information out there that has created a lot of uncertainty and fear. People don’t know what to do—and they’re looking for guidance.

Closing 98
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Investing In Condos: 6 Of Your Burning Questions, Answered

Bigger Pockets

A condo can be an attractive choice when purchasing an investment property, especially for first-time investors. They generally cost less than single-family homes and can be easier to maintain.

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What’s New in Appraisal Membership: March 2023

McKissock

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant info to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership?

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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.