Sat.Apr 06, 2024 - Fri.Apr 12, 2024

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Real Brokerage makes $9.25 million deal to settle commissions suit

Real Estate News

The company reached the agreement in the Umpa case, the only major class action involving agent pay to name Real as a defendant.

Brokerage 293
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Should I Move with Today’s Mortgage Rates?

Keeping Current Matters

When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause.

Mortgages 257
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30 listing lead generation ideas for a post-NAR settlement market

Inman

If you want to build the listing side of your business in the wake of the NAR settlement, Jimmy Burgess has 30 practical, actionable, doable strategies tailor-made for this moment.

Marketing 175
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Gen X is already looking for housing appropriate for aging in place

Housing Wire

Baby boomers are exhibiting an overwhelming desire to age in place in their own homes, but their children — largely members of Generation X — are also making their desires felt by seeking out homes that can accommodate their needs as they get older, according to a recent report from the New York Times. Citing 2021 data from the Harvard University Joint Center for Housing Studies that showed 88% of adults 65 and older are aging in place, many members of the following generation — primarily born b

Equity 488
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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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How are agents paid? Don’t ask buyers

Real Estate News

More than a quarter of consumers surveyed by Redfin don’t know how much their agent was paid, while nearly 20% weren’t sure who provided the compensation.

Agents 319
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The Top 5 Reasons You Need a Real Estate Agent when Buying a Home

Keeping Current Matters

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions.

Agents 263

More Trending

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Rural America is losing affordable housing at a crisis pace

Housing Wire

The lack of affordable housing in the United States is well-documented in the nation’s urban markets, where it is contributing to the swelling ranks of the homeless. That same dire need for affordable housing for the least prosperous among us, however, also is a serious problem in rural America — home to nearly 70 million Americans. The U.S. Department of Agriculture (USDA) administers one of the main programs providing housing for low-income households in the rural stretches of this country — w

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Investors feeling optimistic, buying record share of homes

Real Estate News

A pair of new reports look at the role investors played in the housing market last year and offer insights into their current outlook and pain points.

Investor 291
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The Perks of Downsizing When You Retire [INFOGRAPHIC]

Keeping Current Matters

If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.

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Hey, that’s who we are! NAR in new trademark dispute over ‘R’ logo

Inman

NAR told the US Patent and Trademark Office on Monday that an NYC-based investment firm that operates fintech marketplace Republic has stepped over the line with its logo. What do you think?

Agents 169
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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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DOJ will intervene in NAR’s commission lawsuit settlement: KBW analysts

Housing Wire

Analysts at investment bank Keefe, Bruyette & Woods believe that the Department of Justice will intervene in Sitzer/Burnett commission lawsuit after receiving the green light to reopen its investigation into the National Association of Realtors. In a note published on Sunday, the analysts wrote that thanks to this “favorable judgement, the DOJ is now unconstrained from investigating NAR.

MLS 457
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Buyers are adjusting to a higher-rate environment

Real Estate News

While consumers are feeling less enthusiastic about the direction of mortgage rates, they “appear to be moving past the hurdle of last year’s sharp jump.

Mortgages 243
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Don’t Let Your Student Loans Delay Your Homeownership Plans

Keeping Current Matters

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans.

Loans 239
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Single-family home sales to investors hit all-time high

Inman

United States property investors are putting the pedal to the metal and feeling optimistic despite a turbulent housing market.

Investor 199
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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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What will happen to home prices with more inventory?

Housing Wire

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Each of those notched down from a week ago and compared to a year ago. This is a holiday effect and it should all be reversed back onto the year’s growth trend by next Monday’s report. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago.

Sales 441
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Consumer group predicts 20-30% drop in commissions

Real Estate News

The NAR settlement will lead to better service and lower costs for homebuyers, new research from the Consumer Federation of America suggests.

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Builders Are Building Smaller Homes

Keeping Current Matters

There’s no arguing it, affordability is still tight.

282
282
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These top vacation home markets offer opportunities for every agent

Inman

These markets offer significant price appreciation and access to outstanding amenities, presenting a potential goldmine for agents. These include metro-adjacent homes and new front-running vacation destinations.

Agents 167
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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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CFPB considers ban on charging buyers for lender’s title policy

Housing Wire

The Consumer Financial Protection Bureau is considering a ban on mortgage banks charging homebuyers for the lender’s title insurance policy , according to a report by Bloomberg. Lender’s title policies protect lenders from issues that may arise with the title of the property, but they are paid by the borrower. The homebuyer also has the option to purchase an owner’s title policy, which protects the equity they build on the property.

Title 426
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Judges rule against merging commissions copycats — for now

Real Estate News

The ruling leaves open the possibility of consolidation after settlements have concluded. But in the meantime, cases that had been on pause can move forward.

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Inflation Stays Hot as Housing Cost Growth Persists

Eye on Housing

Consumer prices continued to rise in March, with shelter and gasoline prices driving over half of the total increase. This marks the third consecutive strong reading. Despite a slowdown in the year-over-year increase, shelter costs continue to put upward pressure on inflation, accounting for over 60% of the total increase in all items excluding food.

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BoomTown is dealing with a service outage. Now agents want answers

Inman

Real estate professionals have been seeking answers since Wednesday, when many lost access to their personal websites, lead services and other tools provided by Boomtown, agents told Inman.

Agents 161
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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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Opinion: Agencies are key to fixing housing affordability

Housing Wire

It’s an election year, and housing affordability appears to be a big concern for voters. So, it’s not surprising to see the administration and members of Congress announcing big-ticket legislative initiatives to boost homeownership — like a first-time homebuyer tax credit and the Neighborhood Investment Act to fix up older homes. The Community Home Lenders of America (CHLA) applauds these initiatives.

FHA loan 425
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Brokerage Beat: News from Real, The Agency, ERA, eXp

Real Estate News

More than a dozen new offices for Real; The Agency expands in Texas and The Hamptons; ERA adds family-owned Colorado affiliate; Briko and iList join eXp.

Brokerage 228
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Amid Seattle growth debate, map shows walkable neighborhoods in King County

Seattle Times Real Estate

Nat Henry wanted to know where he could build his life around walking and biking. Turns out a lot of other people were wondering about 15-minute neighborhoods, too.

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Conquer the 2024 housing market: Expert insights at your fingertips

Inman

Tune in for an engaging discussion surrounding the latest trends, predictions and insider knowledge on the 2024 housing market to help you make informed decisions with confidence.

Marketing 152
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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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NAR alternative now has 3,800 members 

Housing Wire

R New York , a brokerage boasting approximately 800 agents, has joined the American Real Estate Association , an alternative to the National Association of Realtors (NAR), according to The Real Deal. The American Real Estate Association’s membership increased by nearly 30% after the absorption of R New York members, bringing the total to roughly 3,800 members.

Lending 418
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Lawsuits over KW profit-sharing changes continue to multiply

Real Estate News

At least seven complaints have been filed by former Keller Williams agents over reductions set to take effect on July 1.

Agents 244
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City Releases Detailed Plan for Controversial Housing Zoning Changes

Brownstoner

Taller residences, less parking, and more infill buildings will be allowed in New York City if the mayor’s City of Yes for Housing Opportunity zoning changes go ahead as planned. The draft text for the proposal was released today by the NYC Department of City Planning, the final installment in… Read More > The post City Releases Detailed Plan for Controversial Housing Zoning Changes appeared first on Brownstoner.

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How are you doing? Americans now rank at an all-time happiness low

Inman

Your team members and customers are struggling, Rachael Hite writes. Here is what wise brokers need to know about the state of happiness and how it impacts all of us.

Brokerage 160
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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.