RIS Media

AUGUST 7, 2023

Marketing your real estate business can take a lot of time—especially tasks that might seem repetitive or menial. Thanks to technology, it just got a whole lot easier. You don’t have to repeat basic marketing tasks daily anymore but can leverage your time by automating your real estate business marketing. This will free you up… The post 6 Ways to Automate Your Real Estate Marketing and Save Time appeared first on RISMedia.

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Inman

AUGUST 10, 2023

Redfin Senior Director of Brokerage Operations Joe Rath and NextHome CEO James Dwiggins said during an Inman Connect panel that pocket listings have proliferated since Clear Cooperation.

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Calculated Risk Real Estate

AUGUST 8, 2023

This is the first look at several early reporting local markets in July. I’m tracking about 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I’ll update these tables throughout the month as additional data is released. Closed sales in July were mostly for contracts signed in May and June.

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Eye on Housing

AUGUST 10, 2023

Consumer prices showed a slight uptick in July, with core inflation remained sticky, ending a streak of 12 consecutive months of steady declines. Despite a slowdown compared to the previous month, the shelter index (housing inflation) continued to be the largest contributor to both headline and core inflation, accounting for over 90% of the increase in headline inflation.

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Agents

Calculated Risk Real Estate

AUGUST 9, 2023

For house prices, there is an ongoing battle between low inventory and affordability. Here is another measure of affordability that readers might find useful from the Atlanta Fed: Home Ownership Affordability Monitor To help business economists and analysts track the relative changes in home ownership affordability at a higher frequency and more granular level of geography, the Atlanta Fed developed an interactive home affordability tool, the HOAM (Home Ownership Affordability Monitor) Index, wh

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Seattle Times Real Estate

AUGUST 8, 2023

The storied, 109-year-old skyscraper is hitting the market this week. The buyer will get a piece of Seattle history along with sweeping views and a dramatic penthouse.

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Brownstoner

AUGUST 7, 2023

Looking back, Gloria Fischer had no idea what she was getting into buying the house in Prospect Park South. The singular bungalow, Fischer’s first home in Brooklyn, came into her life through a wrong turn taken by her husband in 1972. “A lot of people make a wrong turn and find… Read More > The post House Proud: A Singular Bungalow in Prospect Park South appeared first on Brownstoner.

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Real Estate News

AUGUST 8, 2023

At a conference this week, Nick Bailey said the company’s value lies in its strong brand identity and agent experience — not downlines or profit sharing.

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Inman

AUGUST 9, 2023

At a time when demand for loans has shriveled, Polygon Research CEO Val Buresch argued at Inman Connect Las Vegas on Wednesday that open communication will help people take action.

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Housing Wire

AUGUST 11, 2023

Nearly one in ten homes in the U.S. are worth at least $1 million dollars, close to all-time-high levels of June 2022, according to a new report from Redfin. Just over 8% of homes are worth $1 million or more, not far off the high of 8.6% in June. This up s wing in home prices comes on the heels of a major dip in February, when only 7.3% hit the $1 million price threshold.

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Advertiser: Trellis

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.

Loans

Maximum Exposure Real Estate

AUGUST 11, 2023

The mill rate is an important factor in understanding property taxes in the US. It represents the taxes paid per dollar of a property’s assessed value. Property taxes are calculated by multiplying the assessed value by the mill rate and dividing the result by 1,000. Mill rates vary depending on the local jurisdiction and are […] The post What Are Mill Rates: Understanding Property Taxes appeared first on Maximum Real Estate Exposure.

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Real Estate News

AUGUST 11, 2023

MLS system provider Rapattoni has been down since midweek, leaving tens of thousands of agents unable to add listings and update information.

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Inman

AUGUST 7, 2023

The customer relationship management platform vowed "a path to six-figure earnings within 24 months" for real estate agents and teams who follow the program from beginning to end.

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Housing Wire

AUGUST 11, 2023

The Mortgage Bankers Association (MBA) reported that the mortgage delinquency rate fell to its lowest level since it began tracking this metric 43 years ago, supporting claims the economy is on the cusp of a turnaround. “Buoyed by a resilient job market, homeowners are continuing to make their mortgage payments,” Marina Walsh, the MBA’s vice president of industry analysis, said in a statement.

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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.

Sales

Maximum Exposure Real Estate

AUGUST 11, 2023

Are you wondering about the condo pros and cons? Living in a condo comes with its own set of advantages and disadvantages. Condos offer affordability, shared maintenance costs, and potential investment opportunities. On the other hand, homeowners association fees, lack of privacy, and restrictions set by the HOA can pose challenges. Understanding these pros and […] The post The Advantages and Disadvantages of Condos appeared first on Maximum Real Estate Exposure.

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Real Estate News

AUGUST 11, 2023

Two regional studies of home sales found that properties listed on the MLS sold for significantly more than homes sold off-MLS.

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Inman

AUGUST 9, 2023

Every broker wants to recruit top agents. But what works when transactions are scarce? Two real estate professionals shared their thoughts Wednesday at Inman Connect Las Vegas.

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Housing Wire

AUGUST 11, 2023

After years of discussion , the U.S. Treasury Department is expected to propose a rule that would effectively end anonymous luxury home purchases in the coming weeks, according to the Financial Crimes Enforcement Network’s ( FinCEN ) regulatory agenda. The rule, which department officials first said they planned to implement in 2021, would require real estate professionals, such as title insurers, to report the identities of beneficial owners buying real estate in cash to FinCEN.

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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.

Agents

Maximum Exposure Real Estate

AUGUST 10, 2023

Are you wondering how to end your loan? A reverse mortgage can be a helpful income supplement for homeowners. However, there may come a time when you need to explore ways to get out of a reverse mortgage. We’ll discuss various options, such as exercising the right of rescission within three business days of signing […] The post Terminating Reverse Mortgages: What You Should Know appeared first on Maximum Real Estate Exposure.

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RIS Media

AUGUST 11, 2023

If you suggest that your clients make updates before selling, then they will likely ask, “Do you have anyone you could recommend?” Not having an answer isn’t great but giving them a bad contractor is even worse. There are many horror stories, and if you recommend someone bad, it can be a nightmare for both… The post Recommend Your Contractors Carefully or Your Business Is at Risk appeared first on RISMedia.

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Inman

AUGUST 11, 2023

Federal investigators are working with MLS software company, and its insurance carriers are negotiating with hackers, who have prevented new data from being input after the Aug. 9 attack.

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Housing Wire

AUGUST 11, 2023

In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, Freddie Mac has released its 2023 Stress Test Disclosure, which reflects two hypothetical economic scenarios, including a “severely adverse” scenario. Under the latter, Freddie Mac would face a credit loss of $13.7 billion — or 0.4% of its total portfolio — under the adverse scenario.

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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.

Agents

Eye on Housing

AUGUST 11, 2023

According to the latest Producer Price Index report, the price level of inputs to residential construction less energy (i.e., building materials) edged up 0.2% in July (not seasonally adjusted). Building materials price growth has slowed considerably in 2023 with an average monthly increase of 0.2%–down from 0.7% in 2022 and 1.5% in 2021. Not since prior to the COVID-19 pandemic has.

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RIS Media

AUGUST 11, 2023

The price dips many buyers were starting to enjoy could be gone in some regions before they even really got started. That’s according to the latest home-price figures released by the National Association of REALTORS® (NAR). According to the report, almost 60% of metro markets (128 out of 221) registered home-price gains in the second… The post Almost 60% of Metro Areas Posted Q2 Home-Price Gains appeared first on RISMedia.

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Inman

AUGUST 11, 2023

Don’t believe the lies. You are in the right place, at the right time, and in the exact business that can help you build the life you always dreamed of having, Jimmy Burgess writes.

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Housing Wire

AUGUST 11, 2023

AG Mortgage Investment Trust, Inc. entered into a definitive agreement Tuesday to merge with Western Asset Mortgage Capital Corp., beating its competitor Terra Property Trust, Inc. AG Mortgage, a pure-play residential mortgage REIT controlled by Angelo, Gordon & Co. and owner of mortgage lender ARC Home , made a stock-and-cash offer for its peer Western Asset, managed by Franklin Resources, Inc.

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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.

Agents

Realtors Property Resource

AUGUST 10, 2023

This brief video tutorial walks you through RPR’s latest and greatest tool: the Market Trends ScriptWriter. The post [Video Tutorial] AI-powered Market Trends ScriptWriter appeared first on Realtors Property Resource (RPR).

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RIS Media

AUGUST 11, 2023

For the most part, real estate professionals have been able to sit back over the last two years and observe return-to-office controversies in other industries, safe in the knowledge that they will never have these debates. Long before virtual workspaces and permanent home offices were the norm, agents and brokers found their own balance of… The post Zoom Bucks: Why Your Bottom Line Depends on Remote vs.

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Inman

AUGUST 11, 2023

The total worth of homes in the United States hit a record high of $46.8 trillion in June, overtaking the prior all-time high of $46.6 trillion set a year earlier, according to the analysis by Redfin Friday.

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Housing Wire

AUGUST 10, 2023

The 30-year fixed mortgage rate continued its upward trajectory for the third consecutive week, rising to 6.96%, according to Freddie Mac. Since the last FOMC meeting in July, all eyes have been fixed on Thursday’s Consumer Price Index release. Another rate hike in September would move the target federal funds rate to its highest level since March 2001.

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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.

Sales