The Number One Mistake Sellers Are Making: Overpricing Their House
Keeping Current Matters
AUGUST 21, 2024
In today's housing market, many sellers are making a critical mistake: overpricing their houses.
Sat.Aug 17, 2024 - Fri.Aug 23, 2024
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Wildfires threaten 2.6 million homes in the western U.S.: CoreLogic
Housing Wire
AUGUST 21, 2024
Climate change has supercharged wildfires in high-risk areas across the country, and the impacts on housing could be catastrophic. A new report from CoreLogic found that 2.6 million homes across 14 western states are at risk from wildfires. California is by far the state with the most homes in danger at 1,258,748, followed by Colorado (321,294) and Texas (244,617).
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Real estate’s day of change is here: 3 things to know
Real Estate News
AUGUST 17, 2024
Important practice changes required by the NAR settlement take effect today, affecting buyer agent agreements and compensation. “We are in this together.
Homie sues NAR and others, alleging boycott and conspiracy
Inman
AUGUST 22, 2024
The suit accuses NAR and major franchisors of breaking antitrust laws. The company's complaint includes alleged text messages in which agents refused to show Homie listings.
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
Today’s Biggest Housing Market Myths
Keeping Current Matters
AUGUST 22, 2024
Have you ever heard the phrase: don’t believe everything you hear?
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Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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Anywhere encourages offers of comp, asks ‘big question’ of MLSs
Real Estate News
AUGUST 22, 2024
Top execs discussed how the company is addressing industry practice changes, including its intention to display compensation on its listings.
A 9-step ‘listening’ consultation to help you talk to sellers post-Aug. 17
Inman
AUGUST 19, 2024
Be prepared for a listing appointment at a moment’s notice. Have the tools at your fingertips, take notes, build connections, and stay focused on what’s best for the seller, Bernice Ross writes this week.
How Mortgage Rate Changes Impact Your Homebuying Power
Keeping Current Matters
AUGUST 19, 2024
If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind.
Lower mortgage rates are slowing down inventory growth
Housing Wire
AUGUST 17, 2024
Have lower mortgage rates already started to slow down housing inventory? I have a simple weekly growth model with the Altos inventory data: when rates are high, over 7.25%, inventory should grow between 11,000-17,000 weekly. This has happened six times this year and even though that would be an average inventory growth level with higher rates, it didn’t happen even once last year.
The 2025 Real Estate Roadmap to Success
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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.
Housing Market Decoded: Is prime shopping season about to hit?
Real Estate News
AUGUST 20, 2024
The pendulum is swinging in buyers' favor this fall. See which three trends could finally give them some leverage.
Today marks the dawn of a new day for real estate. Make the most of it
Inman
AUGUST 17, 2024
The best real estate agents will thrive, the profession will be elevated, rot will be removed and the brands that are built on trust and integrity will rise to the top, Inman founder Brad Inman writes.
How Growing Inventory Benefits Today's Buyers
Keeping Current Matters
AUGUST 23, 2024
While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.
Why new-home sales had such a big beat
Housing Wire
AUGUST 23, 2024
The new home sales report had such a big beat today that many people had to double-check the numbers — and I get it. The estimates were for 623,000 but the sales came in at 739,000. This isn’t my first rodeo with new home sales data and I believe these numbers will be revised lower, but a beat is a beat. There are other sources we can check to get clues on this report ahead of time.
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.
Real estate stocks jump as new rules go into effect
Real Estate News
AUGUST 19, 2024
Redfin and iBuyer companies had the biggest gains in a rally following the Aug. 17 deadline for practice changes.
Trending: VESTAPLUS MLS Software
Inman
AUGUST 18, 2024
Join VESTAPLUS Vice President of Sales and Marketing Kelly Robinson and Product Manager Jonnathan Rivas for an exclusive tour of their top MLS products.
How To Choose a Great Local Real Estate Agent
Keeping Current Matters
AUGUST 20, 2024
Selecting the right real estate agent can make a world of difference when buying or selling a home.
South Florida, a senior enclave, sees more people ‘unretiring’ due to living costs
Housing Wire
AUGUST 20, 2024
As the cost of living remains elevated, more seniors — even those in “senior strongholds” like South Florida — are choosing to return to work. This pattern among seniors living in and around Fort Lauderdale was recently profiled in an article in the South Florida Sun Sentinel. It falls in line with a broader national trend indicating that nearly 20% of Americans ages 65 and older remain in the workforce, totaling about 10.6 million people.
Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth
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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.
Flat-fee brokerage sues NAR, alleges steering
Real Estate News
AUGUST 22, 2024
Homie says the defendants — NAR, 4 top brokerages and a Utah MLS — conspired to control competition in the industry and steered buyers away from its listings.
Shay unveils ‘self-representation platform for homebuyers’
Inman
AUGUST 19, 2024
The changes to how real estate commissions are advertised and sourced as a result of the National Association of Realtors’ proposed settlement has led to the creation of Shay, an application to help homebuyers avoid the traditional sales model.
WA joins antitrust suit against rent-setting software firm RealPage
Seattle Times Real Estate
AUGUST 23, 2024
Washington Attorney General Bob Ferguson’s office estimates that landlords have used the software to set rents for 800,000 Washington leases since 2017.
Powell signals September rate cut: ‘The time has come for policy to adjust’
Housing Wire
AUGUST 23, 2024
Federal Reserve Chair Jerome Powell said on Friday that “the time has come for policy to adjust,” signaling a cut in the federal funds rate at the September meeting of the Federal Open Market Committee (FOMC) as expected by monetary policy watchers. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks,” Powell said during a speech at the Kansas City Fed’s annual conference in Jackson Hole, Wyoming.
Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys
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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.
‘Unfiltered’: Betting on Zillow — and a mass exodus of agents?
Real Estate News
AUGUST 23, 2024
Watch the conversation with analyst John Campbell on the winners — and “not winners” — among public real estate firms, plus a bold guess about agent attrition.
DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit
Inman
AUGUST 23, 2024
"Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law," Attorney General Merrick Garland said on Friday.
Another downtown Seattle office tower is set for housing conversion
Seattle Times Real Estate
AUGUST 21, 2024
Officials are offering tax breaks and regulatory relief as fewer office workers return to once-busy areas. In Seattle, nearly a third of downtown office space is empty or available for sublease.
Will existing home sales continue to rise?
Housing Wire
AUGUST 22, 2024
How did existing home sales grow with all the recent negative press about demand? We were told lower mortgage rates wouldn’t affect demand positively. However, if you track the forward-looking indicators, it can explain this bounce in demand. First, we have to put context into the bounce: we are working from the lowest levels ever in home sales, so any small, minor move in purchase application data can bounce sales from here.
Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage
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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.
Gibson attorneys seek one-third of the settlement pot
Real Estate News
AUGUST 21, 2024
In a court filing, lawyers called the nearly $37 million request “reasonable” and “appropriate” based on the risk and hours involved.
The commission change mega-FAQ you need to start the historic week
Inman
AUGUST 19, 2024
Now that the "New Normal" has officially begun, it's time to answer the frequently asked questions agents and brokerages have about the newly implemented commission settlement rule changes.
Tips for a Smooth Move After a Summertime Home Sale
RIS Media
AUGUST 22, 2024
Would you like excellent moving tips for the summer? Moving after selling your home in the summer can present unique challenges and opportunities. The warm weather, peak moving season and specific logistical considerations all play a role. My guide will teach you to manage these factors effectively to ensure a seamless transition. I will provide… The post Tips for a Smooth Move After a Summertime Home Sale appeared first on RISMedia.
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