Sat.Mar 16, 2024 - Fri.Mar 22, 2024

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NAR addresses ‘incorrect claims’ in Biden’s housing proposal speech

Housing Wire

Although the National Association of Realtors (NAR) is grateful for the White House’s focus on the nation’s affordable housing crisis, the trade group was not thrilled about remarks President Joe Biden made about real estate agent commissions. In a speech given at Stupak Community Center in Las Vegas on Tuesday, Biden pitched his administration’s new housing proposals.

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What Are Experts Saying About the Spring Housing Market?

Keeping Current Matters

If you’re planning to move soon, you might be wondering if there'll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market.

Marketing 275
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The Rise of “15-Minute Cities,” and if Investors Should Cash In

Bigger Pockets

Paris officially implemented the "15-minute city" as an urban planning concept, and now city planners across the world are debating the merits of switching to this model. What is a 15-minute city, and is it something you should invest in?

Investor 118
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Plaintiffs seek whopping $4.7 billion from HomeServices

Real Estate News

The last defendant in the Sitzer/Burnett commissions case said it anticipated the motion and will respond with its own court filings in April.

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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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Is the spring housing market ready for the Fed’s déjà vu?

Housing Wire

It’s spring 2024 and we have a Federal Reserve meeting this week. The 10-year yield is at the same critical point as last year before the Fed went hawkish and sent mortgage rates to 8% and the 10-year yield to 5%. Could this happen again? This is the week the balls are all in the Federal Reserve ’s court. I believe it is in the Fed’s interest to keep existing home sales depressed.

Marketing 481
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Homeowners Today Have Options To Avoid Foreclosure

Keeping Current Matters

Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008.

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More Trending

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Agents Decoded: The future is uncertain — but don’t panic!

Real Estate News

NAR’s proposed settlement in the commissions cases has quickly led to a flurry of headlines — many of them wrong. Here’s what agents need to do.

Agents 324
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Washington state could provide guidance for others on buyer broker agreements

Housing Wire

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. Based on NAR’s settlement, agents working with buyers will need a signed buyer representation agreement starting in mid-July, pending final court approval of the settlement.

MLS 479
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4 Tips To Make Your Strongest Offer on a Home

Keeping Current Matters

Are you thinking about buying a home soon?

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Fannie Mae no longer expects mortgage rates to drop below 6%

Inman

The recent surge in mortgage rates could take some air out of a projected rebound in 2024 home sales, with deals driven mostly by households who can no longer put off their moves due to life events.

Mortgages 193
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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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Winners, losers and a look at the post-commissions deal future

Real Estate News

Buckle up: The proposed NAR settlement will unleash a fast-moving wave of change – and opportunity, especially for buyer agents who can articulate their value.

Agents 282
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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation. Initially, the entire commission percentage was pocketed by the listing agent, who solely represented the seller’s interests.

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Does It Make Sense To Buy a Home Right Now?

Keeping Current Matters

Thinking about buying a home?

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MLS PIN, Nosalek plaintiffs seek to delay DOJ response after NAR deal

Inman

They asked the court for more time to analyze the impact on their proposed settlement of NAR's proposed rule change banning the MLS display of commissions offered to buyer brokers.

MLS 176
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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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Emerging agent association sees opportunity following NAR deal

Real Estate News

NAR’s settlement — and the emotions surrounding it — could lead more agents to consider trading in their membership for something new.

Agents 302
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Deal or no deal? What opting in to NAR’s settlement could mean for some of the nation’s largest brokerages

Housing Wire

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. But for roughly one-third of NAR’s membership — and nearly 100 of the nation’s largest brokerages by transaction volume — the agreement reached on March 15 may be just the beginning of the saga.

Brokerage 450
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Don’t Forget the Basics: How to Market a Home in a Seller’s Market

RIS Media

Selling your home is a significant decision. The right strategies can make the process smoother and more profitable. Even in a seller’s market, you can’t take the basics of selling a home for granted. We will cover critical strategies, including professional photography, online platforms and writing compelling descriptions. We aim for clarity, brevity and effectiveness… The post Don’t Forget the Basics: How to Market a Home in a Seller’s Market appeared first on RIS

Marketing 133
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NAR settlement may disrupt mortgage partner agent programs

Inman

If homebuyers are no longer willing to pay full commissions, what happens to lender programs that incentivize consumers to work with partner real estate agents?

Agents 185
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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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eXp ‘expecting a whole lot of creativity’ in wake of NAR deal

Real Estate News

During a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.

Agents 292
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Compass settles commission lawsuits for $57.5 million

Housing Wire

Compass has joined the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. In a document filed with the Securities and Exchange Commission on Friday morning, the Robert Reffkin-helmed firm announced that it had reached a nationwide settlement in relation to the Umpa and Gibson suits on Thursday.

Brokerage 447
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Luxury Staging Trends and Tips for 2024

RIS Media

We all know that luxury real estate trends ebb and flow based on numerous factors from the seasons to the state of the economy. Equally, design preferences tend to fluctuate with some new fads occurring while other trends remain timeless. Today, design is all about individuality and creating experiences—gone are the days of formulaic interiors… The post Luxury Staging Trends and Tips for 2024 appeared first on RISMedia.

Staging 132
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What to expect on ‘Buying Beverly Hills’ Season 2

Inman

Agent rivalries, a transitioning market, family drama and a new mansion tax are just some of the key challenges that cast members will face on the reality TV show in its new season.

Agents 175
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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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‘We remain vigilant’ KW says as it unpacks NAR settlement

Real Estate News

From buyer agreements to non-MLS places where cooperative compensation can appear, here’s what Keller Williams is telling leaders and agents about the deal.

MLS 271
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Fed holds rates steady with inflation still running hot

Housing Wire

The Federal Reserve ’s Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% for a fifth straight meeting on Wednesday. “The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%,” according to the FOMC statement. “In addition, the Committee will continue reducing its holdings of Treasury securities and agency de

Investor 458
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Beyond the Headlines: Understanding How Proposed Changes in Real Estate Commissions Will Actually Impact You as a Buyer or Seller

Lighter Side of Real Estate

You’ve probably heard the news that there are changes coming in terms of how real estate commissions are paid. This might sound exciting and like a potential game-changer for you as a home seller or buyer, with headlines proclaiming things like: “Real estate commissions are being slashed!” “Selling your house will now be less expensive!” “No more paying 6% to real estate agents!

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How commission chaos divided the real estate industry into 4 factions

Inman

The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward.

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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 seeks to clarify commissions settlement details

Real Estate News

In a call with media, NAR reps sought to dispel confusion and misinformation coming out of the March 15 settlement announcement.

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Equifax’s Work Number is too expensive and regulators should look into it: CHLA

Housing Wire

Equifax’s Work Number product is too expensive for consumers and the Federal Housing Administration ( FHA ) and Federal Housing Finance Agency ( FHFA ) should potentially do something about it, an influential mortgage trade group argued this week. In a letter submitted to FHA commissioner Julia Gordon and FHFA director Sandra Thompson on Thursday, the Community Home Lenders of America ( CHLA ) expressed concern that the cost of employment verifications charged by Equifax is “excessive” as

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Pros and Cons of Making Home Improvements Before Selling a House

RIS Media

Selling a home is a significant decision involving many considerations. Among these, deciding whether to make improvements before listing the property is paramount. This decision can dramatically influence not only the sale price but also the speed and smoothness of the transaction. Understanding the pros and cons of home improvements before sale is essential for… The post Pros and Cons of Making Home Improvements Before Selling a House appeared first on RISMedia.

Sales 132
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Realty One Group promotes 5 women into leadership roles

Inman

The strategic promotions will help "drive the next era of Realty One Group's unprecedented global growth," as the franchiser continues its quest to grow to 30,000 agents.

Agents 174
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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.