Sat.Mar 18, 2023 - Fri.Mar 24, 2023

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How to Become a Successful Real Estate Agent (6 Simple Strategies)

The Close

When I first became a real estate agent in 2010, I waltzed into the office with a swagger that would make Beyoncé blush. My local market was booming. New luxury high-rises were popping up like weeds, and open houses looked more like trendy nightclubs with lines of eager buyers spilling out onto the sidewalk. How could I not become a successful real estate agent in that market?

Agents 126
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Which Banks Are in Danger of Failing or Collapse?

Marco Santarelli

Recently, a report posted on the Social Science Research Network found that 186 banks in the United States are at risk of failure due to rising interest rates and a high proportion of uninsured deposits. The report titled ‘Monetary Tightening and US Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs?' estimated the market value loss of individual banks' assets during the Federal Reserve's rate-increasing campaign.

Banks 145
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How To Use Email Campaigns To Grow And Nurture Your Real Estate Business

Easy Agent Pro

Using technology and the internet is the name of the game when it comes to lead generation and improving conversion rates. With email campaigns, you can send consistent and relevant information to leads so that they keep you in mind as a knowledgeable and trustworthy agent for buying and selling properties. With proper execution, you can use email campaigns to grow and nurture your real estate business.

Agents 71
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What Are Contingencies in Real Estate?

Maximum Exposure Real Estate

What Does Contingency in Real Estate Mean Many buyers and sellers have asked what a contingency in real estate means. The definition of a contingency is an action or condition that needs to be met for a real estate contract to become legal and binding. The real estate contingency definition is something that all buyers, […] The post What Are Contingencies in Real Estate?

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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 Art of Delegation for Real Estate Team Leaders

Tom Ferry

Want to be a better leader to your real estate team? It comes down to delegation. Last week, we continued the conversation about your No. 1 weekly objective in this market or any market: get two or more listing appointments. We already covered that the best way to maximize your time is to get some […] The post The Art of Delegation for Real Estate Team Leaders appeared first on Tom Ferry.

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Why Buying a Home Is a Sound Decision

Keeping Current Matters

If you’re thinking about buying a home, you want to know the decision will be a good one.

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What Are Fixtures in Real Estate?

Maximum Exposure Real Estate

What Stays and Goes in a Home Sale Are you wondering what is considered a fixture in real estate sales and what isn’t? Working as a real estate agent for thirty-seven years, I’ve lost count of how many buyers and sellers have asked me what is considered a fixture. Occasionally in a home sale, some […] The post What Are Fixtures in Real Estate?

Sales 98
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Industry icon Wes Foster, co-founder of Long & Foster, has died

Real Estate News

Wes Foster, known for his integrity and "larger than life presence," said he was most proud of growing Long & Foster from humble beginnings into a major player.

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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 205
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How ChatGPT can help you work more efficiently and generate more leads

Housing Wire

ChatGPT , the AI chatbot, has taken the world by storm over the past few months. It took Netflix 3.5 years to reach one million users, Facebook ten months and Spotify five months. ChatGPT got to the first million users in five days. In two months after that, ChatGPT reached 100 million active monthly users. But first things first. What is artificial intelligence (AI)?

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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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Altman Brothers Team signs new contract with Douglas Elliman

Inman

The team closed the priciest sale in Orange County last year with a $55 million property in Crystal Cove and was named the No. 1 large team nationwide in the 2023 Ellie Awards. Terms of the contract were not disclosed.

Closing 167
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Zillow dominates the portals, but Homes.com gains ground

Real Estate News

A new report found that most portals lost traffic and market share over the past year, but a few companies improved or firmed up their positions.

Marketing 283
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What’s Ahead for Home Prices in 2023

Keeping Current Matters

Over the past year, home prices have been a widely debated topic.

Marketing 232
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The cure for appraisal gap anxiety

Housing Wire

When you google “ appraisal gap” — and I just did — a long list of search results appear. To my surprise, the top results did not link to economists expounding on the intricacies of home price fluctuations, the leading theories on avoiding overvaluation or pictures of stunt riders jumping over a canyon filled with printed PDF docs. (OK, throw that last one out.

Loans 450
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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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Stand out in any market with a DIY public relations plan

Inman

Getting featured in the press can be a game changer because, in addition to creating exposure, it also helps you become a recognized authority in your market. Marketing expert Jeremy Knauff provides a step-by-step strategy for connecting with members of the media.

Marketing 167
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Industry Decoded: The answer to brokerage growth? It’s no longer 'add agents'

Real Estate News

Realtor membership went up a stunning 60% over the past decade, but declines are coming. It's time to talk about how to support the agents who stick around.

Agents 253
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Reasons To Consider Condos in Your Home Search

Keeping Current Matters

Are you having trouble finding a home that fits your needs and your budget?

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FHFA announces timeline to sunset FICO Classic credit model

Housing Wire

The Federal Housing Finance Agency (FHFA) announced proposed implementation timelines for the use of the FICO 10T and the VantageScore 4.0 credit score models by Fannie Mae and Freddie Mac. In concert, the government sponsored enterprises also plans to transition to two, rather than three, credit reports from the national consumer reporting agencies within a year.

Mortgages 441
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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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Zillow now accounts for nearly half of all real estate web traffic: Analysis

Inman

The search behemoth far and away led market share for search portals, drawing 44 percent of all real estate web traffic, but CoStar's Homes.com leaped by bounds last month, according to an analysis.

Marketing 162
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Fed moves forward with modest rate hike

Real Estate News

The Federal Reserve increased its benchmark rate by a quarter point, which is likely to influence mortgage rates and slow homebuying activity this spring.

Mortgages 246
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List of Failed Banks in the United States

Marco Santarelli

In this blog post, we will be reviewing the list of failed banks in the United States. It's never good news when we hear about a bank failure , and unfortunately, there have been quite a few in the United States over the years. From Washington Mutual and IndyMac in 2008 to Guaranty Bank and First NBC Bank in 2017, these failures can have a big impact on customers, employees, and the economy as a whole.

Banks 139
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2023 RealTrends real estate brokerage rankings show growth in low-cost firms

Housing Wire

2022 was a roller coaster year, continuing the strong pandemic and post-pandemic fueled housing market through the first half of the year. Then, in the third quarter, we saw an abrupt stop to the record-breaking housing market. Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. While the top four companies stayed at the top, eXp Realty displaced HomeServices of America , who had a stronghold on the No. 1 spot in transaction sides

Brokerage 441
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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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Alarm.com smart home tour shows what’s possible

Inman

Never worry or wonder if you remembered to shut the garage door or lock the front door. With a system like Alarm.com, you can check in on a property remotely from anywhere in the world with an internet connection.

Design 171
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Yes, you can take a vacation (here's how)

Real Estate News

An agent's job is rarely just 9-5, and it can be hard to carve out time for breaks when clients are counting on you. But it's possible — and important.

Agents 242
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Luxury Real Estate Headlines: Fourth Week in March, 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Dubai, United Arab Emirates | LUXHABITAT Sotheby’s International Realty The solar-powered villa includes 10 bedrooms, a movie theater, a music room, and a private gym. This $95 Million Dubai Mega-Mansion Comes With an Epic Two-Story Swimming Pool – Robb Report Houstonians Put Down Roots in Tanglewood and Stay for Generations – Mansion Global A Massive, Nearly Century-Old New England

Sales 135
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With mortgage rates dropping, the conforming and jumbo loan spread narrows

Housing Wire

The collapses of Silvergate Bank , Silicon Valley Bank and Signature Bank , the rescue of First Republic Bank and the acquisition of Credit Suisse by UBS, brought turbulence to the financial markets that led to a decline in mortgage rates – despite the Federal Reserve hiking federal funds rate by 25 basis point on Wednesday. The bank crisis has also reduced the spread between conforming and jumbo loan rates.

Loans 432
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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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At Bespoke Real Estate, racial slurs were part of the job, new suit claims

Inman

Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including "Jafar" in reference to the "Aladdin" Disney movie, a white colleague claims.

Brokerage 162
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Kamini Lane takes on top role at Coldwell Banker

Real Estate News

Lane, previously brokerage president of Sotheby's Realty, steps into the role vacated by Ryan Gorman in December.

Brokerage 274
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Building Wealth Begins with Your Taxes

Keller Williams

This time every year across the United States, early spring ushers in colorful wildflowers, longer evenings, and the collective anxiety of Americans preparing to file their taxes. Whether you bravely handle your own paperwork or you work with a CPA, you’re in good company if you procrastinate come tax time or think of your taxes as a necessary evil.

Agents 124
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New home sales climb in February for the third straight month

Housing Wire

New home sales continued to rise in February, jumping 1.1% from January to a seasonally adjusted annual pace of 640,000 homes, according to data published on Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). On a year-over-year basis, however, new home sales are still down 19.0%. “New home sales increased in February for the third straight month, in a sign that the market may be stabilizing,” Kelly Mangold, the principal of RCLCO Real Estate Co

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.