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

article thumbnail

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.

Agents 178
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 142
article thumbnail

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.

Staging 117
article thumbnail

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.

article thumbnail

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.

article thumbnail

Agents Decoded: Commissions lawsuits won’t doom agents

Real Estate News

Real estate agents hate change — but lawsuit outcomes like buyer agreements and greater transparency are nothing to fear, says industry veteran Phil Faranda.

Agents 293

More Trending

article thumbnail

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.

Agents 107
article thumbnail

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)!

article thumbnail

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
article thumbnail

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.

Title 353
article thumbnail

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.

article thumbnail

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?

266
266
article thumbnail

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.

article thumbnail

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%.

Marketing 485
article thumbnail

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.

330
330
article thumbnail

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.

article thumbnail

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 252
article thumbnail

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.

Brokerage 195
article thumbnail

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.

VA loan 466
article thumbnail

Buy Side: The impact of Sitzer/Burnett hits home

Real Estate News

When Melissa Savenko told a pair of buyer clients about the recent verdict, they balked at the idea of paying commissions. She thinks it's just the beginning.

272
272
article thumbnail

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.

article thumbnail

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 259
article thumbnail

Mortgage rates overtake inventory as biggest worry for agents: Triple-I

Inman

After exceeding 8 percent in October, rising mortgage rates overtook "lack of housing inventory" as the top concern for real estate agents, according to the results of the latest monthly Inman Intel Index.

Agents 193
article thumbnail

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.

Closing 466
article thumbnail

People on the Move: NAR's 2024 leaders take their posts

Real Estate News

After taking on the role of president a few months early, Tracy Kasper joined other officers for their gala moment at the association’s conference.

274
274
article thumbnail

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.

article thumbnail

Why Homeowners Are Thankful They Own

Keeping Current Matters

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

239
239
article thumbnail

10 amazing Black Friday deals for agents in search of an edge in 2024

Inman

From Inman Connect New York tickets to personalized training from Ryan Serhant himself, these are the best all-around Black Friday deals for agents looking to thrive in spite of the headwinds.

Agents 190
article thumbnail

Fidelity National Financial is latest victim of a cybersecurity attack

Housing Wire

Fidelity National Financial (FNF) was attacked by a “cybersecurity incident” that led the system to shut down some of its network, the company said. FNF blocked access to certain systems, which resulted in disruptions to title insurance, escrow and other title-related services, as well as mortgage transactions and technology for the real estate and mortgage industries, according to a filing with the U.S.

Title 458
article thumbnail

Anywhere, RE/MAX settlements receive preliminary approval

Real Estate News

The agreements, which cover multiple buyer-broker commissions lawsuits, were deemed “fair, reasonable and adequate” by the judge.

269
269
article thumbnail

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.

article thumbnail

Should a Buyer Consider a House on a Corner Lot? A Look at the Upside and Downside

RIS Media

Choosing a new home is an exciting and significant decision in one’s life. One of the many choices you’ll encounter when searching for the perfect home is whether to buy a house on a corner lot. Corner lots are unique in many ways, offering various advantages and disadvantages. Examining the pros and cons of corner… The post Should a Buyer Consider a House on a Corner Lot?

article thumbnail

Homebuyers perk up as mortgage rates hit lowest level in 2 months

Inman

Requests for purchase loans were up 4 percent last week compared to the week before, but down 20 percent from the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association.

Mortgages 190
article thumbnail

6 ways real estate agents can use AI to become the ultimate authority

Housing Wire

You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your secret sauce to becoming the ultimate authority in the real estate world. In this article, we’re going to dive into the incredible ways AI can skyrocket your authority and set you apart from the competition.

Agents 458
article thumbnail

Brokerage Beat: News from The Agency, Coldwell Banker, C21, Sotheby's

Real Estate News

The Agency opens 100th office; longtime Bermuda firm re-ups with Coldwell Banker; Century 21 adds affiliate in Mass.; Sotheby's grows in Upstate NY.

Brokerage 244
article thumbnail

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.