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

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9 reasons real estate agents can be thankful this season

Inman

Coach and author Darryl Davis offers a Thanksgiving prescription for agents and brokers who are feeling overwhelmed by challenges in the industry. Even in the midst of change and upheaval, there are always reasons to be thankful and to embrace a positive attitude.

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Opinion: Sitzer/Burnett decision presents an uncertain future for buyer agents

Housing Wire

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. The Sitzer/Burnett trial out of Kansas City found the National Association of Realtors (NAR) guilty of conspiring to inflate agent commissions — sparking a debate over agent commission fees and the longstanding role of buyer agents in real estate transactions.

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The Pros and Cons of Virtual Staging in Real Estate

RIS Media

In the world of real estate, first impressions are crucial. Making a property look its best can mean the difference between a quick sale and a property sitting on the market for months. Virtual home staging is one innovative tool that has emerged to help real estate professionals in this endeavor. Using computer-generated imagery, this… The post The Pros and Cons of Virtual Staging in Real Estate appeared first on RISMedia.

Staging 143
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Tips For Viewing a Builder's Model Homes

Realty Biz

Finding your dream home is an exciting and significant step in life. One option is to go for the gusto and purchase the house everyone loves touring in the latest and greatest neighborhood. Buying a builder's model provides a glimpse into the possibilities of your future living space. It offers a tangible experience that goes beyond mere floor plans and pictures.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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A Feast for the Eyes: 4 Stylish Dining Rooms

Sotheby's International Real Estate

Whether it’s the setting for formal festivities or a casual weeknight meal, the dining room is a key component of every refined modern home. From the green expanses of Greenwich to the vineyards of California wine country, these dining spaces entice everyone to gather ‘round the table in style. Sophisticated St. Helena Oasis Hillary Ryan | Sotheby’s International Realty – St.

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Is It The Private Sector’s Job To Build Affordable Housing?

Toronto Realty Blog

TorontoRealtyBlog I’ll be honest: I wasn’t sure how to begin today’s blog post. This topic has been in the queue for quite some time, and while I knew that I would write it eventually, I didn’t know the shape it would take. I guess I still don’t… Do I start with the conclusion at the onset and work backward? “It’s not the job of the private sector to build affordable housing.” I suppose I could, but this is kind of a grey area, since the priv

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Probate 101: What You Need to Know to Sell a House in Probate

HomeLight

Probate is the process where beneficiaries legally obtain property promised to them in a will and pay off any debts of the estate. If no will is present, then the probate process assigns legal ownership to a close relative of the deceased through a law called the state intestacy law. In many states, going through the process to probate a will is the only option to legally become the owner of a home.

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4th Look at Local Housing Markets in October

Calculated Risk Real Estate

The National Association of Realtors (NAR) is scheduled to release October existing home sales on Tuesday, November 21, 2023, at 10:00 AM ET. The consensus is for 3.93 million SAAR. Housing economist Tom Lawler expects the NAR to report sales of 3.94 million SAAR. This would be a new cycle low, below the 4.00 million SAAR in January 2023. NOTE: Starting next month, I’ll add some comparisons to 2019 data (pre-pandemic)!

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Real Estate Virtual Staging Solutions You Need To Start Using in 2023

Agent Fire

Virtual Staging is a cost-effective way to make a vacant home look spectacular. But which are the best virtual staging options in the market right now? Check out our favorites in this article.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Department of Veterans Affairs pauses VA loan foreclosures for 6 months

Housing Wire

The Department of Veterans Affairs (VA) is pausing foreclosures on homes financed with VA loans for six months to help military borrowers in danger of losing their homes, a department spokesperson said in a statement to HousingWire on Monday. The Veterans Assistance Partial Claim Payment program — which began July 2021 — allowed military borrowers to skip six or 12 mortgage payments during the COVID-19 pandemic if they had a financial hardship.

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Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?

Keeping Current Matters

This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays?

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Hack at nation’s largest title company stalls closings

Real Estate News

Fidelity National Financial, parent company of Chicago Title and more, is blocking access to title and escrow services while it investigates a security breach.

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Biggest mortgage rate drop since pandemic sparks agent optimism

Inman

A big drop in mortgage rates has resulted in holiday rejoicing for agents and hopeful buyers. Make sure you're ready to work with them.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Have lower mortgage rates already boosted housing demand?

Housing Wire

Did the recent move lower in mortgage rates turn the housing market positive? With mortgage rates moving almost 75 basis points lower from the highs, does the data show that demand has improved? Let’s take a dive in the weekly tracker to see. Purchase application data Last year, when mortgage rates fell from 7.37% to 5.99% , we got three good months of positive purchase application data until the first week of February before mortgage rates started to run higher from 6%-8%.

Mortgages 491
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Home Prices Still Growing – Just at a More Normal Pace

Keeping Current Matters

If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise.

Marketing 359
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Homes.com fires back over traffic claims, buyer agency and trust

Real Estate News

Dave Mele, president of Homes.com, previewed his company’s monetization plans and responded to criticisms and allegations from competitors.

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Economists agree rates have peaked. But will they come down?

Inman

Two closely watched forecasts agree that mortgage rates have probably peaked, but diverge sharply on how quickly they'll come down over the next two years.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Here’s what you can expect from the 2024 housing market

Housing Wire

Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a savagely unhealthy housing market out there, and these economists unpack what that means for you. Register for the virtual event on Dec. 11 here. In a typical year, there are about 5.2 million sales of existing homes nationally and home prices rise by about 4%.

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Are There Actually More Homes for Sale Right Now?

Keeping Current Matters

If you’re looking to make a move, you want to be sure you have the latest information on the housing market.

Sales 358
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Buyers can give thanks for another dip in mortgage rates

Real Estate News

Applications increased as 30-year fixed-rate mortgages declined for a fourth straight week.

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Take the Inman Intel Index survey: November 2023

Inman

The Inman Intel Index goes beyond sentiment and trends by tapping into the most engaged community in real estate to understand what the industry is thinking today, and tomorrow.

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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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Mortgage applications surge to highest level in six weeks: MBA

Housing Wire

Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week. Total home loan applications increased 3% for the week ending Nov. 17 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). Mortgage rates for the 30-year fixed loan averaged 7.44%, falling 6 basis points in one week, according to Freddie Mac ‘s Primary Mortgage Market Survey.

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Why Homeowners Are Thankful They Own

Keeping Current Matters

Countless people have set out on the exciting journey of homeownership.

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NAR shines a light on ‘cultural transformation’

Real Estate News

The themes of diversity, equity and inclusion were present throughout last week’s NAR NXT conference.

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Here’s how to find the perfect fit when shopping for a CRM

Inman

Gone are the days of collecting business cards and cramming them into an overstuffed Rolodex. These days, customer relationship management (CRM) software is the tool that makes keeping client information safe and accessible.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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DataDigest: How and where homebuilders are closing deals

Housing Wire

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. The pessimistic streak is especially notable given that the fall months have recently been lucrative for builders. The index fell to 34 in November, well below the 50 mark that divides bullish and bearish sentiments.

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Why Homeowners Feel Thankful for Their Homes [INFOGRAPHIC]

Keeping Current Matters

Here are three reasons why homeowners feel thankful for their homes.

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Existing home sales take biggest hit of the year

Real Estate News

October home sales slid 4.1%, representing the steepest single-month decline in 2023 so far.

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