Inman
OCTOBER 25, 2023
Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program.
National Association of Realtors: Culture Scan
OCTOBER 23, 2023
Pickleball Helps Florida Broker Net Real Estate Deals Jay Granieri of One Sotheby’s International Realty in Fort Lauderdale says America’s fastest-growing sport is a perfect match for finding new leads.
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Housing Wire
OCTOBER 21, 2023
The haunted house ride with the bond market and mortgage rates continued this week, but one housing data line hasn’t been spooked. New listing data appears unafraid of the mortgage rate ghost story over the last few months. Unlike last year, when new listings data had a noticeable move lower once mortgage rates reached 6%, 8% mortgage rates haven’t had any noticeable impact on the latest new listings data.
Keeping Current Matters
OCTOBER 23, 2023
If you've ever dreamed of buying your own place, or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions changing home prices can stir up.
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RIS Media
OCTOBER 23, 2023
The world of real estate is known for its complexities, paperwork and intricate processes. Buyers and sellers often rely on professionals to guide them through these intricacies. One such professional is the real estate transaction coordinator (TC). We will explore the role of a transaction coordinator in real estate and the cost associated with their… The post What is the Cost of a Transaction Coordinator in Real Estate?
Calculated Risk Real Estate
OCTOBER 24, 2023
This is an update to an article I wrote in May. Although housing starts have slowed, completions will likely increase slightly in 2023. This graph shows total housing completions and placements since 1968 with an estimate for 2023 based on completions through September. Note that the net additional to the housing stock is less because of demolitions and destruction of older housing units.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
OCTOBER 24, 2023
There’s been no shortage of news — and challenges — in the past 12 months. But real estate pros keep finding ways to win, and we’re proud to tell their stories.
Tom Ferry
OCTOBER 26, 2023
If you’re working with buyers, offering a home buyer education is not a perk – it’s a necessity. And too many agents are leaving their clients in the dark. When the real estate legends at 1000watt release a survey, you can bet there are always important lessons to glean from it. But the one they […] The post The Home Buyer Education Most Agents Fail to Deliver appeared first on Tom Ferry.
Housing Wire
OCTOBER 27, 2023
To many, homebuying is a daunting, often confusing process. Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. Thankfully, there are a number of online resources that can help homebuyers navigate the process. The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts.
Keeping Current Matters
OCTOBER 24, 2023
When it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move.
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Real Estate News
OCTOBER 21, 2023
Defendants presented opening arguments during week one of the Sitzer/Burnett trial. An industry lawyer sees two additional ways they might prevail in court.
Inman
OCTOBER 23, 2023
For the past three years, luxury buyers have been on the move. Increased opportunities to work remotely — and, by extension, live remotely — have enabled them to embrace new lifestyles or seek a higher quality of life, whether that means exploring regions and markets with better weather, lower costs, or a more relaxed pace.
Housing Wire
OCTOBER 27, 2023
As the trial of Burnett v. the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker
Keeping Current Matters
OCTOBER 25, 2023
Are you wondering if it makes sense to buy a home right now?
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Real Estate News
OCTOBER 27, 2023
Testimony from the KW co-founder as well as President Marc King closed out week 2 of Sitzer/Burnett, with both leaders denying a conspiracy.
Inman
OCTOBER 25, 2023
On Tuesday, plaintiffs’ attorney Michael Ketchmark played a video of a Tom Ferry interview with Allan Dalton of Berkshire Hathaway HomeServices that drew objections and threatened to derail proceedings.
Housing Wire
OCTOBER 26, 2023
Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. Rates have been steadily climbing for seven straight weeks, the longest consecutive increase since Spring 2022, according to Freddie Mac ‘s Primary Mortgage Market Survey. The average 30-year, fixed-rate mortgage rose to 7.79% as of Oct. 26.
Keeping Current Matters
OCTOBER 26, 2023
The idea of owning a home has always been a big part of the American Dream.
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.
Real Estate News
OCTOBER 26, 2023
The defense in Sitzer/Burnett called on three experts to discuss the consequences of decoupling commissions, with one facing aggressive cross-examination.
Inman
OCTOBER 27, 2023
Rick Geha Team founder Rick Geha suddenly passed away one week after eXp's annual conference in Las Vegas. The Geha family is honoring the late agent's memory with a $100,000 fundraiser for the Oakland A's Make-A-Wish Community Fund.
Housing Wire
OCTOBER 23, 2023
While the mortgage delinquency rate remains low compared to pre-pandemic levels , the number of delinquent loans ticked up in September, according to the ICE Mortgage Monitor report. The national delinquency rate climbed to 3.29% in September, which is up 12 basis points from August and up 13 basis points from September 2022. This makes it the second and largest annual increase in the last 2.5 years, however, the delinquency rate remains 71 basis points below the pre-pandemic level of September
RIS Media
OCTOBER 26, 2023
Buying a home is a significant milestone in anyone’s life. It often comes with many decisions and complexities. One of the smartest moves you can make as a homebuyer is to enlist the services of a buyer’s agent. But what does a buyer agent do, and how can they help you in your real estate… The post Is Having a Buyer’s Broker Really Necessary?
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.
Real Estate News
OCTOBER 23, 2023
A former NAR committee member called traditional compensation practices “the ultimate form of restraint of trade,” claiming that NAR looked the other way.
Inman
OCTOBER 25, 2023
First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior.
Housing Wire
OCTOBER 25, 2023
With mortgage rates still hovering around 8%, mortgage applications decreased 1% for the week ending Oct. 20 compared to the week prior , according to weekly mortgage application data from the Mortgage Bankers Association. “Mortgage activity continued to stall, with applications dipping to the slowest weekly pace since 1995,” Joel Kan, MBA’s vice president and deputy chief economist, said.
Seattle Times Real Estate
OCTOBER 22, 2023
Supporters say the levy marks a "critical investment" in the city's housing stock, while a sole prominent skeptic argues for other strategies to address the housing shortage.
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Real Estate News
OCTOBER 26, 2023
After big declines in August, sales recovered slightly, but “pending contracts remain at historically low levels,” NAR Chief Economist Lawrence Yun noted.
Inman
OCTOBER 25, 2023
The largest privately held brokerage in the state of California has decided to separate from Christie's International Real Estate, launch a rebrand and promote former COO Michele Harrington to CEO, Inman has learned exclusively.
Housing Wire
OCTOBER 23, 2023
KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law.
Brownstoner
OCTOBER 25, 2023
An affordable housing lottery has opened for the sale of 11 two- and three-family houses in Bed Stuy and Crown Heights. The lottery is specifically for first-time home buyers with households of between two and seven people earning between $104,500 and $227,630 a year. The cheapest house in the lottery,… Read More > The post Housing Lottery Opens for First-Time Home Buyers for 11 Bed Stuy, Crown Heights Houses appeared first on Brownstoner.
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.
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