Inman
AUGUST 29, 2023
Agents and industry leaders said National Association of Realtors President Kenny Parcell's resignation is the first step in making the organization safer for female employees and members.
Keeping Current Matters
AUGUST 29, 2023
Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider.
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Housing Wire
AUGUST 30, 2023
HousingWire Lead Analyst Logan Mohtashami appeared on CNBC‘s Squawk on the Street on Wednesday to talk about the health of the housing market , and more specifically about today’s pending home sales data. Mohtashami explained how demand for existing homes is still trending near 21st-century lows. As long as mortgage rates stay near 23-year highs, Mohtashami believes we will see softness in data.
RIS Media
AUGUST 30, 2023
When you’re one of the chief executives of a real estate company that rockets in size from 139th to 6th in just a few years, you’re clearly doing something right. Or, actually, doing a lot right. Rick Haase, president of United Real Estate, agrees, while also stressing that it is a precise mindset that anchors… The post The United Real Estate M&A Strategies Propelling Its Phenomenal Growth appeared first on RISMedia.
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National Association of Realtors: Culture Scan
AUGUST 31, 2023
6 Reasons to Market Your Charity Work Content sponsor Real Estate Webmasters explains that this strategy can have a powerful effect on clients and prospects who care deeply for their area.
Realty Biz
AUGUST 30, 2023
Real estate investors are buying 45% fewer homes in the second quarter of 2023 than they were in the same period last year, according to a new report from Redfin. In fact, the report found that investors purchased 19% of all homes sold in the second quarter, down from 32% in the same period last year. This is the lowest level of investor activity since the third quarter of 2020.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
HomeLight
AUGUST 31, 2023
If a pipe bursts in the kitchen, you’re immediately on the phone with a plumber in one hand and scooping water into buckets with the other. But dirty gutters? A leaky faucet? That deep crack in the driveway? It can always be put off until tomorrow; that is, if these issues cross your radar at all. Homeowners procrastinate making necessary repairs for 10 months on average , according to a recent study by Consumer Affairs.
Bigger Pockets
AUGUST 31, 2023
Philadelphia made our 2023 top cash flow market list, but a lot has changed since the beginning of the year. With rising rates, is it still worth investing here? Read more to find out.
Propmodo
AUGUST 30, 2023
Subscribers Only Newsletter Propmodo’s weekly perspective on commercial real estate and things interesting to real estate executives. Curated by Franco Faraudo. View Archive Become a Subscriber Zillow has become the most popular residential real estate portal in the U.S. They did this by becoming masters of lead generation. Their first big win was their Zestimate, which allowed homeowners and prospective home buyers to see an algorithmically created estimated property value for any home in
Housing Wire
AUGUST 28, 2023
Two days after a New York Times exposé of alleged sexual harassment and a culture of fear at the National Association of Realtors , President Kenny Parcell announced his resignation. Parcell was called out for alleged sexual harassment by 16 of the more than two dozen current and former NAR employees interviewed by the Times. “I am deeply troubled by those looking to tarnish my character and mischaracterize my well-intended actions,” Parcell wrote in a letter to NAR’s Executive Committee and Boa
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Real Estate News
AUGUST 31, 2023
NAR leaders affirmed Bob Goldberg as CEO during an emergency meeting days after the association’s president resigned following sexual harassment allegations.
Inman
AUGUST 30, 2023
After dipping to the lowest level since April 1995, applications for purchase mortgages edge up 2 percent week over week but are still down 27 percent from a year ago as mortgage rates retreat from 2023 highs.
Keeping Current Matters
AUGUST 31, 2023
Have you ever wondered how inflation impacts the housing market?
Brownstoner
AUGUST 31, 2023
Barely visible behind a screen of overgrown trees and shrubbery, the individually landmarked Elias Hubbard Ryder House is in jeopardy after a full vacate order was issued on the building earlier this summer. Unpermitted construction work compromised the footings of a rear sun room, causing a partial collapse and compromising… Read More > The post Unpermitted Work Threatens Stability of Landmarked Elias Hubbard Ryder House appeared first on Brownstoner.
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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
AUGUST 31, 2023
Septic systems are essential for homes not connected to municipal sewage systems. Potential home buyers from properties with public sewers need to know there is a difference. Properly maintaining these systems is crucial to ensure their longevity and prevent costly repairs. Regular septic system maintenance, inspection, and tank pumping can help prevent backups, leaks, and… The post What to Do For Septic System Maintenance appeared first on RISMedia.
Housing Wire
AUGUST 30, 2023
Mirroring the trend for new home sales (+4.4%), pending home sales rose 0.9% in July, according to data released Wednesday by the National Association of Realtors (NAR). Year over year, pending home sales were down 14%, a smaller decrease than the 15.6% annual drop recorded in June. However, unlike the market for new homes , which has recovered convincingly above last year’s lows (+31.5%), pending home sales continue to lag behind year-ago levels (-14.0%).
Real Estate News
AUGUST 28, 2023
Just two days after the New York Times published claims of harassment, retaliation and intimidation at the association, Kenny Parcell has stepped down.
Inman
AUGUST 30, 2023
Three months after a Texas judge sent former Keller Williams CEO John Davis' $300 million fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims.
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.
Coldwell Banker
AUGUST 31, 2023
Online voting honoring community service starts Aug. 31 The post Karen DeMarco is Finalist for National Association of Realtors® Good Neighbor Award appeared first on Coldwell Banker Blue Matter.
Seattle Times Real Estate
AUGUST 30, 2023
Tacoma voters were set to decide between two competing renters rights measures in November. Now, a judge says only one of those can appear on the ballot.
RIS Media
AUGUST 30, 2023
A mixed report on pending home sales to close out the summer offers a muddled picture of 2023’s slow season, as the forward-looking data on contract signings found transactions varied widely across the country. Overall, pending sales rose 0.9%, with the Midwest and Northeast experiencing decreases as the South and West saw increased signings. “The… The post Pending U.S.
Housing Wire
AUGUST 30, 2023
A couple of weeks ago, mortgage rates soared to a new 2023 high, reaching over 7% on a 30-year fixed-rate loan for the first time since November 2022. While higher rates are generally viewed with dismay, they often are the end result of a strong economy. Case in point, the private sector added 497,000 jobs in June — more than double many economists’ expectations — while compensation climbed 6.4% from a year ago.
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.
Real Estate News
AUGUST 31, 2023
Following the Lahaina wildfires, "predatory capitalism" has taken hold in the historic community as locals are faced with the decision to rebuild or sell.
Inman
AUGUST 30, 2023
Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in two key lawsuits, a survey on commissions conducted by Intel shows.
Eye on Housing
AUGUST 30, 2023
According to NAHB analysis of the Survey of Construction (SOC), new single-family starts decreased in 2022. Nationally, 1,018,495 new single-family units started construction in 2022, 10% fewer than the number of units started in 2021. It marked the first decrease since 2011 but was still the second highest count since the Great Recession. Among all nine Census divisions, the South.
HomeLight
AUGUST 31, 2023
Why do you think model homes sell so fast?” asks Laura Sanders , a 21-year veteran real estate agent in Coral Springs, Florida. “It’s because they’re staged. Sellers get the money they spend back and they sell quicker.” The stats validate that you’ll increase your odds of a quick, high-offer sale if you opt to stage your home. According to HomeLight’s Summer 2023 Top Agent Insights Report, well-staged homes sell for 18% more on average.
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RIS Media
AUGUST 31, 2023
While still lingering around the 20-year-high level, the 30-year fixed-rate mortgage (FRM) averaged 7.18%, down just a bit from last week’s 7.23%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 7.18% as of August 31, 2023, down from last week when it… The post Mortgage Rates Take a Breather This Week appeared first on RISMedia.
Housing Wire
AUGUST 31, 2023
Mortgage rates ticked down modestly after job openings data for July came out yesterday, but rates remain elevated. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Aug. 31, down from last week ’s 7.23%. By contrast, the 30-year fixed-rate mortgage was at 5.66% a year ago at this time.
Real Estate News
AUGUST 31, 2023
A survey of buyers found that trustworthiness and the ability to provide high-value services were key to landing — and keeping — them as a client.
Inman
AUGUST 30, 2023
From Janelle Brevard's harassment suit to the fallout that ensued following the resignation of National Association of Realtors president Kenny Parcell, stay up to date with NAR coverage here.
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.
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