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?

Norada Real Estate

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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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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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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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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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.

Mortgages 511
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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?

Agents 75

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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 224
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Low housing inventory a win for homebuilders

Housing Wire

If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 million active listings, and these active listings would be direct competition for the builders. New homes are traditionally more expensive than existing homes, which don’t have all the bells and whistles.

Mortgages 545
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List of Failed Banks in the United States

Norada Real Estate

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 138
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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 174
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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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What’s Ahead for Home Prices in 2023

Keeping Current Matters

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

Marketing 264
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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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How Will Google's Expansion to Local Ads Help Real Estate Agents

Realty Biz

Google Local Ads For Business Google’s Local Services Ads have been instrumental in helping marketers target local demographics. Now, with its recent expansion , real estate agents can win big by capitalizing on the tool’s broader and more diverse toolset. Here’s what you should know about how Google’s expansion to Local Ads will help you market your real estate agency.

Agents 136
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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.

Agents 179
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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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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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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.

Mortgages 459
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How and Why You Want FHA Condo Approval

Realty Biz

A condo might be perfect if you don't want to buy a single-family home. Though, if you want to use an FHA loan , you might find it more difficult as condos need to be approved. There are many things to know about buying a condo , and this is one of them. We will take an in-depth look at the FHA condo approval process and the importance of doing so. What are FHA Approved Condos?

FHA loan 134
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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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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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33 Secret Websites to Make Money Online in 2023

Norada Real Estate

Making money online has become increasingly popular in recent years. The internet has opened up numerous opportunities for individuals to make money online. Many people are searching for ways to make money online, but they are not sure where to start. From freelancing to affiliate marketing, the possibilities are endless. The rise of the gig economy and online businesses has opened up countless opportunities for people to earn money from the comfort of their own homes.

Design 126
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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 435
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Considerations When You Sell a Home With Solar Panels

Realty Biz

Fitting solar panels is an eco-friendly option if you want to save on your energy bills. A 30% tax credit is available to homeowners to make this easier. As well as these advantages, a solar power system has the potential to increase the value of your home and can make the home more attractive to buyers. Whether solar panels add value to a house depends on a few factors.

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Is a book on your bucket list? Here’s how to write it

Inman

If writing a book seems like an impossible task, just know that it’s not. In the final part of this series, we look at how to write, what to write about, and who can help you make it more manageable.

Brokerage 167
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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.

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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 123
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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 464
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How To Incorporate B2B Marketing In Your Real Estate Blog

Realty Biz

B2B marketing is an incredible tool, and it’s one that offers massive opportunities for growing your brand. This goes double for the real estate industry. At the same time, however, B2B marketing isn’t necessarily for the faint of heart. Here are some helpful tips on how to incorporate it into your real estate blog so you can reap its many rewards. Think Locally, Act Globally Real estate marketing naturally focuses on neighborhoods and niches that are local to you and where you have the most exp

Marketing 124
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Kamini Lane named president and CEO of Coldwell Banker Realty

Inman

Lane's appointment comes after M. Ryan Gorman's abrupt ouster as CEO in December. The brand also announced that Liz Gehringer would take on an expanded role as president and CEO of Anywhere Franchise Brands, the company exclusively told Inman.

Branding 158
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The Secret to Building Successful Digital Sales Programs in 2022 and Beyond

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.

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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 119
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Warehouse lenders facing fallout from industry woes

Housing Wire

The ongoing tumult in the banking industry brought to light by the recent failures of Silicon Valley Bank and Signature Bank — the second and third largest bank failures in U.S. history, respectively — also threatens liquidity channels for the independent mortgage banks (IMBs). Two banks that rank among the nation’s top warehouse lenders were recently singled out by Moody’s Investor Service for potential ratings downgrades due, in part, to their reliance on “confidence-sensitive uninsured deposi

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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 124
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QUIZ: Determine which of these is your brand archetype

Inman

There are 12 brand archetypes based on common themes, personality traits and marketing niches. Not sure what your “type” could be? Take our quiz to find out.

Branding 174
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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.