Realty Biz

JULY 17, 2023

Today’s near-record-low inventory levels give those brokerages with listings a greater advantage than ever before. While agents are scouring the market to acquire listings, it's easy to get discouraged as they potentially farm in the wrong places. This is where the power of predictive analytics comes into play. By harnessing advanced algorithms and data-driven insights, predictive analytics enables real estate professionals to proactively identify homes that are more likely to come on the mark

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Inman

JULY 20, 2023

The best thing you can do for the acceleration of your real estate team, Erin McCormick Torres writes, is to attract, hire and drive immediate production for like-minded recruits.

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Keeping Current Matters

JULY 17, 2023

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.

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RIS Media

JULY 18, 2023

Above: Rob Thomson In an era where many brokerages are cutting costs and shrinking in the face of a downturn in the market, luxury broker Rob Thomson of Jupiter, Florida, is doing the exact opposite. He has just committed a $1.5 million contract to long-term technology and marketing partner Real Estate Webmasters (REW) in order… The post Jupiter Broker Rob Thomson Makes Million-Dollar Bet on AI + Global MLS appeared first on RISMedia.

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Agents

Housing Wire

JULY 20, 2023

Rocket Companies , the parent of Rocket Mortgage , offered another round of buyouts to its employees on Wednesday, a spokesperson confirmed to HousingWire. The buyout follows two rounds in 2022, in April and August, which resulted in a workforce reduction of about 30% last year. “Yesterday, we offered a voluntary career transition opportunity to several teams within the organization to better align resources with the needs of both our business and today’s mortgage market,” Mike

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GeekEstate

JULY 20, 2023

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Highnote] Combining high-end design and marketing assets in a drag and drop interface, Highnote’ presentation and proposal platform provides real estate agents with a sales and marketing suite to showcase listings, neighborhoods, and their personal brand to leads, clients, and customers.

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Real Estate News

JULY 20, 2023

The nation’s second-largest MLS says this move highlights the “complete flexibility” of Bright subscribers to have “transparent negotiations with clients.

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Real Trends

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. This may be the result of fewer listings and slower sales, but we do not know for certain. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract.

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Housing Wire

JULY 21, 2023

The nation’s second largest multiple listing service , Bright MLS , will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. This change appears to possibly diverge from a National Association of Realtors rule, which states that listing agents must make an offer of cooperative compensation to buyer brokers in order to list a property on the MLS.

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Keeping Current Matters

JULY 19, 2023

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them.

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Advertiser: Trellis

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.

Loans

Real Estate News

JULY 21, 2023

A correction doesn't seem likely this year, but things could improve in 2024 if mortgage rates settle around 5%, says economist Matthew Gardner.

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Inman

JULY 20, 2023

The 2023 Inman Innovator Awards finalists range from true upstarts to established players, with each offering a new vision for real estate. Winners will be announced live in Las Vegas, Aug. 8-10.

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Housing Wire

JULY 20, 2023

In the competitive world of real estate, effectively and consistently securing listings is the key to success. Whether new to the industry or a seasoned vet, it’s important to keep an open mind and innovate your strategies. By embracing different opportunities, agents can expand their chances of securing more listings and growing their business.

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Marketing Brokerage Technology Agents 369

Keeping Current Matters

JULY 18, 2023

Before you decide to sell your house, it’s important to know what you can expect in the current housing market.

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Marketing 216

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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.

Sales

Real Estate News

JULY 18, 2023

NWMLS launches app; New Mexico MLS adopts Aligned Showings; CRMLS updates member dashboard; iGo acquires products; Clear Capital integrates with ICE API; more.

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MLS 235

Inman

JULY 17, 2023

Not all real estate is created equal, and specializing in new developments requires its very own skill set, distinct from the resale market. If you’re thinking about getting into new development sales, here are five key considerations.

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Housing Wire

JULY 18, 2023

Minneapolis-based U.S. Bank , the fourth-largest U.S. mortgage lender, is laying off staffers in its mortgage division this week, a spokesperson confirmed on Tuesday. The announcement follows a decline in its mortgage originations in the first quarter of 2023 – the second-quarter earnings will be released on Wednesday morning. The current jobs cut also comes amid rumors that depositary lenders would see changes to their residential mortgage capital requirements under the Basel III regulations.

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RIS Media

JULY 21, 2023

Land surveying is crucial in land development, construction, and property management. While many people may be familiar with the term “land surveyor,” their specific duties and responsibilities are often misunderstood. We will delve into the work of a land surveyor and shed light on the essential tasks they perform to ensure accurate and reliable property… The post What Does a Land Surveyor Do?

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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.

Agents

Real Estate News

JULY 20, 2023

The 30-year fixed-rate mortgage averaged 6.78% this week, down from nearly 7% a week before, suggesting that cooling inflation is having an effect.

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Inman

JULY 17, 2023

Undeterred by elevated mortgage rates, homebuyers battling over scant inventory pushed June's median sales price to the second-highest level in history, according to new data released Monday by Redfin.

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Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. In such an environment, buyers may feel pressure to bypass steps in the transaction to make their bid more attractive to the seller, but they should be wary that taking shortcuts can expose them to fraud.

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RIS Media

JULY 21, 2023

Couples who have recently made a home purchase may now be enjoying summer in their new home. Let’s look at their experience in the housing market. Married couples account for the largest share of homebuyers at 61%, while unmarried couples account for 10% of the market. Notably, unmarried couples are a sizable share of the… The post Love (and Home Buying) Bring Us Together: Married Vs.

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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.

Agents

Real Estate News

JULY 15, 2023

Broker-owner Adam Conrad of Perry Wellington Realty describes the challenges of navigating seven different MLSs as the slow journey to consolidation continues.

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Inman

JULY 18, 2023

Palm Bay, Cape Coral and Tampa top WalletHub's list of the best markets for first-time homebuyers. However, a closer look at the rankings shows first-timers may need to sacrifice quality of life for affordability gains.

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Housing Wire

JULY 17, 2023

Intercontinental Exchange (ICE) and Black Knight agreed to sell Black Knight’s product and pricing engine unit Optimal Blue business to a subsidiary of Canada’s Constellation Software in an effort to save the merger deal. The $700 million proposed transaction includes a payment by Constellation of $200 million in cash, with the remainder financed by a $500 million promissory note issued by Constellation to Black Knight, as a subsidiary of ICE, at the closing of the transaction, the two companies

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RIS Media

JULY 21, 2023

Since real estate is a relationship business, it stands to reason that trust is an essential cog in an agent’s game plan. As it pertains to the consumer experience, that trust hinges—to some degree—on the level of transparency the agent can provide as far as the intricacies of the transaction process and the work that… The post Looming Commission Lawsuit Trial Spurs Talks of Improved Transparency appeared first on RISMedia.

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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.

Agents

Real Estate News

JULY 21, 2023

Top Dallas team joins Real; C21 adds affiliates in Missouri, Colorado; Pacific Sotheby's Realty, BHHS, CB Warburg gain agents; The Agency adds design partner.

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Inman

JULY 18, 2023

From July 24 to 28, Century 21 and its affiliated companies will raise money for nonprofits that address food, healthcare and education inequalities. C21 corporate has pledged to match up to $50K in donations to longtime nonprofit partner, Easterseals.

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Housing Wire

JULY 16, 2023

We finally got a break on mortgage rates last week as the 10-year yield hit a critical level and quickly reversed lower, sending mortgage rates down. Active listings showed growth, week to week, but much smaller than I would like to see. Purchase application data showed some growth weekly, keeping alive the streak of more positive data than negative data year to date.

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RIS Media

JULY 21, 2023

With the housing market continuing to experience challenges in the form of elevated mortgage rates and high home prices, renting has become a frequented option for would-be buyers. But, with rent prices rising in response to today’s challenging housing market and low levels of inventory, where can renters turn to find the best rental markets? … The post The Best Rental Markets This Season appeared first on RISMedia.

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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.

Sales