Fri.Jan 06, 2023

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9 Frustrating Real Estate Website Design Mistakes (+ How to Fix Them)

The Close

Real estate website design slip-ups are a major barrier between you and the digital presence your real estate business needs in order to grow. However, since most of us in the real estate industry aren’t marketers, let alone web designers, these mistakes are incredibly common. To keep your future real estate website design free from these critical errors (and help you identify what might be hampering your existing real estate website’s performance), we’ve compiled the top nine real estate websit

Design 98
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Solid jobs report sends mortgage rates lower

Housing Wire

Can we have a soft landing in the economy? Friday’s job report shows there is a clear pathway to get there. Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022. The bond market saw that wage growth was cooling down, leaving the Federal Reserve with few reasons to keep the rate hike story going much longer.

Mortgages 545
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Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re planning to buy a home in 2023, here are a few things to focus on. Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them. Reach out to a real estate professional so you have expert advice on how to reach your homebuying goals this year.

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loanDepot targeted by lawsuit alleging poor work conditions 

Housing Wire

Mortgage lender loanDepot recently became the target of a lawsuit filed by a group of former California employees who have complaints about the company’s work conditions. . The lawsuit was filed on December 23 in the Superior Court of the State of California for the County of Orange by about 40 former loanDepot employees, including loan officers, processors, underwriters, loss mitigation and foreclosure specialists.

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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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Top 10 never-fail home staging tips for agents

Inman

When done right, staging evokes a stronger emotional tie for buyers, which translates to a greater commitment to the home. .

Staging 158
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What a strong jobs report means for the housing market

Housing Wire

Despite several rate hikes throughout the second half of 2022, the labor market finished the year strong. Very strong, according to the latest jobs report. And that could spell trouble for the housing market in 2023 as the Federal Reserve looks to bring inflation down through aggressive interest rate hikes. Total nonfarm payroll employment rose by 223,000 jobs from November to December, according to data released Friday by the Bureau of Labor Statistics.

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What is portfolio cleansing?

Housing Wire

The mortgage servicing industry landscape is shifting. For over a decade, the industry has experienced growth from two primary sources. The first, and more traditional source, is organic growth through new loan originations. The second method, which has become increasingly more common, is growth through either loan portfolios or company acquisitions.

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Inman’s Top 5 stories for the week of Dec. 30, 2022 – Jan. 5, 2023

Inman

Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Dec. 30, 2022 through Jan. 5, 2023.

Agents 148
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Top NJ LO Chris Gallo is getting back to basics in 2023

Housing Wire

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. That is also the case for Chris Gallo, senior loan officer at NJ Lenders Corp. and Scotsman Guide ‘s fourth-ranked LO in the country. After dropping from $1.2 billion in origination volume in 2021 to less than $500 million in 2022, Gallo plans on using his database of former clients — w

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Independent landlords, rest easy with RentRedi: Tech Review

Inman

RentRedi is a six-year-old software company with hundreds of thousands of units under management totaling close to $10 billion in value.

Closing 148
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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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New years resolutions from across the housing industry

Housing Wire

Happy New Year to everyone in the housing industry! Creating a realistic and inspiring new years resolution for your business can be a creative way to goal set in this new year. In your personal life, you may have created resolutions for eating healthy, trying new experiences or traveling more. And whether or not you quit the gym by February, you should put real thought into a resolution for your business.

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Compass seeks to sublease NYC headquarters in belt-tightening play

Inman

The New York-based brokerage is shopping around 89,000 square feet of office space at 90 Fifth Ave. in Manhattan as it looks for ways to stem its losses, which clocked in at $154 million in 3Q22.

Brokerage 148
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Bankers sue Rocket for allegedly failing to pay overtime wages

Housing Wire

Former bankers at Rocket Mortgage have filed a class-action-seeking lawsuit that claims the lender failed to fully compensate their overtime wages, a violation of the Fair Labor Standards Act. The lender denied the allegations in a statement to HousingWire, calling it a “desperate” move. Complaints about the company’s labor practices were made public in November amid a challenging mortgage market.

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8 ways for agents to be the lighthouse in 2023

Inman

Finding ways to rise above the noise and shine light onto a challenging market is the mission of every agent in today's market. Coach Darryl Davis shares eight strategies to help agents become a beacon of light for their clients against the storm of misinformation and negative mindsets.

Agents 148
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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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The Growing Push to Finance Renewable Energy in Office Buildings

Propmodo

Across the U.S., stricter laws around carbon emissions are continuing to be passed by cities and states. As those laws proliferate, office building owners and developers are being forced to reckon with the energy source of their properties, which in many cases, are fossil fuels that are costly, will eventually run out, and don’t align with the new regulations.

Finance 124
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Pending home sales fall to lowest level since 2015, new data shows

Inman

Pending home sales dropped 32 percent annually during the four-week period ending Jan. 1, with the biggest drop-offs recorded in markets that took off during the pandemic, according to Redfin.

Sales 147
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Wage Growth Slowing

Eye on Housing

Job growth slowed in recent months, but the overall labor market remains tight. In December, total nonfarm payroll employment increased by 223,000, and the unemployment rate ticked down to 3.5%, back to its lowest point before the pandemic. However, in a positive sign for inflation, wage growth slowed to a 4.6% year-over-year gain, the slowest pace since August 2021.

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Mauricio Umansky: ‘Something exciting happens every time I wake up’

Inman

In advance of his appearance at Inman Connect New York on Jan. 24-26, The Agency's founder and CEO said he's always working but finds ways to unwind.

Brokerage 147
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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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Bank of Canada Clear For Another Hike After Employment Boom: BMO

Better Dwelling

Despite the gloomy outlook, Canada is still churning out hot employment data. Statistics Canada (Stat Can) data shows the economy added over 100,000 jobs in December. Along with higher participation, this helped drive the unemployment rate within spitting distance of the record. At least one Big Six bank sees another rate hike, with robust job […].

Banks 122
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Real estate payrolls end on a strong note to close out a volatile year

Inman

Brokers, agents and homebuilders tallied a solid hiring month amid the holiday season even as the downturn in real estate transactions continued, according to the U.S. Bureau of Labor Statistics.

Closing 146
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Bring On the Glam: 5 Bathroom Design Ideas That Are Exquisitely Extra

Realtor.com

Photo by @trush.design via Instagram For many homeowners, 2023 holds the promise of a home overhaul, and a brand-new bathroom is at the top of many people’s lists. This week’s trending decor looks are all about going overboard—especially when it comes to styling your bathroom. And while a maximalist aesthetic in the home has been hot for a while, the following designs take that theme to the next level.

Design 117
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Is modern technology really zapping our ability to concentrate?

The American Genius for Real Estate

Having the attention span of a goldfish may not be your own fault. Is the internet and advancement of technology causing this?

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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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Social media matters more when you’re a team leader. Here’s how to stand out

Inman

Don't just coax your team to grow; show them how you do it. When you are a leader you need to have a vibrant digital presence to show your crew that you are more than just talk. You have the talent to help them connect where it counts.

Marketing 113
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Why scams are getting more difficult to spot due to advanced AI

The American Genius for Real Estate

Artificial Intelligence (AI) technology is advancing day-by-day, and as it seeps itself into our everyday lives, we have to spot the scams.

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Rookie Reply: 2023 Risks, The True Cost of Owning Rentals, and Live Q&A

Bigger Pockets

The real estate market is changing, especially in high-appreciation cities like Phoenix, Arizona. This week, Ashley and Tony made the journey to the Valley of the Sun to visit real […].

Marketing 106
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A Bay Ridge House With a Pool and Three More to See, Starting at $699K

Brownstoner

Our picks for open houses to check out this weekend all date from the early 20th century; one has a pool and two have parking. They are found in Bay Ridge, Marine Park and Flatlands. They range in price from $699,000 to $1.495 million. On 76th Street in Bay Ridge, this… Read More > The post A Bay Ridge House With a Pool and Three More to See, Starting at $699K appeared first on Brownstoner.

Marketing 105
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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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Current HELOC rates in 2023: HELOC rates vs. mortgage rates

The Mortgage Report

Current HELOC rates are rising. But HELOC rates might still be a better deal than cash-out mortgage rates. Here's why.

Mortgages 105
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5 predictions from the annual Compass Agents Survey

Real Trends

As the real estate industry enters the new year, there are a lot of unknowns about how the 2023 housing market will shape up. Uncertainty and turbulence lingering from 2022 have paved the way for heavy speculation from industry experts but there’s still no firm consensus. . With high inflation, housing affordability trouble, decreased demand and declining sales volume, the second half of 2022 was filled with volatility and industry professionals want to know if 2023 will be more of the same or i

Agents 105
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Lindsay Listanski Named a Business Elite “40 Under 40” Winner

Coldwell Banker

Coldwell Banker Realty National Vice President of Field Marketing recognized for her determination and dedication to shaping the world of business. The post Lindsay Listanski Named a Business Elite “40 Under 40” Winner appeared first on Coldwell Banker Blue Matter.

Marketing 105
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Daily Links: Locals Call for Better Sanitation as Mayor Faces Circus Over Rats in Bed Stuy

Brownstoner

In the News Mayor Adams Has Rats. Curtis Sliwa Has Cats. What Could Go Wrong? [NYT] Bloody Chaos After Brooklyn Subway Shooting Shown in New Video [NYDN] Nurse Walkout Threat Remains at Five NYC Hospitals [NYDN] Park Slope Movie Magic Revealed in New Book by Local Writer [Patch] Bed Stuy Mom Says She Has Leaks… Read More > The post Daily Links: Locals Call for Better Sanitation as Mayor Faces Circus Over Rats in Bed Stuy appeared first on Brownstoner.

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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.