Real Trends

JUNE 14, 2023

Rankings , awards, and other professional recognitions are nice, but it’s what you do after the announcement that counts. As we come out of a tough fall and winter, not to mention a mixed-bag spring market, 1000 real estate professionals have a lot to be happy about. The 2023 RealTrends + Tom Ferry Thousand and America’s Best have just been announced, allowing the top agents and teams in the industry their annual chance to shake their tail feathers and giving them bragging rights among the

Agents 98

Agents Industrial Brokerage Marketing 98

Keeping Current Matters

JUNE 13, 2023

If you’re thinking about selling your house right now, chances are it’s because something in your life has changed.

Mortgages 226

Mortgages 226

The Close

JUNE 14, 2023

The goal of real estate photography is simple, but easy to forget: Make your potential buyers stop scrolling Zillow and pick up the phone to call you. Get them excited about the home, and your phone will ring. Easy for a mansion with a grand ballroom that’s priced 30% below market, but harder for homes with peeling paint and warped floors. So how do you take gorgeous pictures of a less-than-gorgeous home without hiring a pro?

Staging 111

Staging MLS As-is Agents 111

Housing Wire

JUNE 11, 2023

After seeing disappointing inventory growth two weeks ago , which I chalked up to the Memorial Day holiday, I was hoping for a big push in active listings last week, but that didn’t happen. And, the recent uptick in mortgage rates to almost 7% slowed purchase application data again. Here’s a quick rundown of the last week: Active inventory grew 6,722 weekly.

Marketing 512

Marketing Mortgages Banks Land 512

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Agents

HomeLight

JUNE 14, 2023

Most home renovation shows would have you believe that gutting and remodeling your house is as simple as a 30-minute programming block. Draft up some pretty designs, get crazy with a sledgehammer, lay some tile, and bam — your dream house is complete. The reality is a little more complicated, not to mention pricey. According to HomeAdvisor, a full home renovation costs $150,000 on the high end, and that doesn’t account for unexpected bumps along the way.

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Renovation Construction Design As-is 139

Calculated Risk Real Estate

JUNE 14, 2023

Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-June I reviewed home inventory and sales. House Prices Reported YoY house price growth is still positive, but the Case-Shiller National Index slowed to 0.7% YoY in March. The MoM increase in the seasonally adjusted Case-Shiller National Index was at 0.42%. This was the second MoM increase following seven consecutive MoM decreases.

Marketing 136

Marketing Principal Mortgages Loans 136

RIS Media

JUNE 14, 2023

In a market of elevated prices, negotiations have become an important tactic to help homebuyers save money. In fact, 63% of homebuyers have negotiated home price reductions, according to a new report from LendingTree. LendingTree’s new report surveyed nearly 2,000 U.S. consumers about their negotiation experiences while buying a home, and found that 38% of… The post Negotiations Take the Forefront in a High-Price Market appeared first on RISMedia.

Marketing 107

Marketing Sales Industrial Agents 107

Sotheby's International Real Estate

JUNE 10, 2023

From coast to coast, these four waterfront homes are buoys for modern-day living, affording a life lived amid scenic surroundings and the soothing sounds of water. Chic Lakefront Contemporary Cathie Messina | Sotheby’s International Realty – Westlake Village Brokerage This dramatic contemporary oasis on Lake Sherwood was designed to maximize its cinematic views.

Brokerage 138

Brokerage Design 138

Brownstoner

JUNE 13, 2023

In the News Booze Tickets Surge Under Adams to 10,000 in the Past Year [NYDN] NYC Hidden Dining Gems: Bay Ridge's Ubani Georgian Restaurant [NYDN] BQE Redesign Should Save Promenade, Cover, Reduce Lanes: Survey [Eagle] Central Brooklyn Says No Thanks to 5G Towers [Patch] The B-Boys and B-Girls of Brooklyn Go for Olympic Gold [New… Read More > The post Daily Links: Heights, Dumbo Residents Want BQE Redesign to Cover Highway, Improve Air Quality appeared first on Brownstoner.

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Housing Wire

JUNE 13, 2023

Inflation was running over 9% last year and the headline inflation growth rate has cooled off a lot recently. Does this mean the Federal Reserve will pivot soon to prevent a recession? I don’t believe they will, but the growth rate of headline inflation falling is good enough for them to pause rate hikes tomorrow. The core aspect of inflation is taking time to head lower, and this is the part of the inflation picture that the Fed cares most about.

Banks 493

Banks Mortgages As-is Marketing 493

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

JUNE 10, 2023

Most consumers think it's a bad time to buy, and many expect rates to rise — but nearly a fifth of adults still plan to buy a home in the next 12 months.

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Inman

JUNE 16, 2023

Anywhere's Agent Engagement team will help Anywhere affiliated broker-owners and agents supercharge their businesses with personalized coaching and mentorship, the company said.

Agents 157

Agents Branding Brokerage 157

Sotheby's International Real Estate

JUNE 16, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Acireale, Italy | Italy Sotheby’s International Realty Piazza Agostino Pennisi Acireale lies on the coast of Sicily and bears the name of its original owner, Baron Agostino Pennisi di Floristella, who commissioned the castle in 1800. The Best in Real Estate, From a Sprawling Gothic Castle to Jim Carrey’s Former Estate – Robb Report Late Fashion Icon André Leon Talley’s Longtime White Plain

Sales 137

Sales 137

Housing Wire

JUNE 12, 2023

The housing market, which is facing challenges with mortgage rates , affordability, prices and inventory, hasn’t been this purchase-dominant in decades, according to Black Knight ’s originations market monitor report. Today, nearly nine out of every 10 mortgages originated is a purchase loan, the report notes. Last month, purchase locks accounted for 88% of the market mix, marking a record high.

Loans 420

Loans Mortgages Lending Marketing 420

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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

JUNE 10, 2023

Jim Fite, president of the brokerage his father founded in 1937, has led his company through 7 recessions and shares advice on how to make it to the other side.

Industrial 270

Industrial Brokerage 270

Inman

JUNE 16, 2023

Las Vegas resident Wayan Garvey filed a complaint calling out Keller Williams' allegedly "relentless marketing practices" and accusing the franchisor and agent Britney Gaitan of violating federal law.

Agents 156

Agents Marketing Brokerage 156

Calculated Risk Real Estate

JUNE 15, 2023

CR Note: A year ago, housing economist Tom Lawler explained why the spread between mortgage rates and the 10-year Treasury yield was wider than “normal” See: Lawler: Mortgage/Treasury Spreads, Part I and Lawler: Mortgage/Treasury Spreads Part II: “Decomposing” the Widening This Year. From housing economist Tom Lawler: Last May I wrote a two-part piece on why the spread between the 30-year fixed-rate mortgage rate and the 10-year Treasury rate had widened significantly fro

Mortgages 132

Mortgages Fixed-rate mortgage Investor As-is 132

Housing Wire

JUNE 16, 2023

Below-median family income households are overcoming constraints related to increased borrowing costs and home prices and are finding ways to become homeowners, according to Freddie Mac ’s latest economic, housing and mortgage outlook. The below-median family income homeownership rate increased to 53% from 48% since 2016, Freddie Mac said, citing data from the Census Bureau ’s Housing Vacancy survey.

Mortgages 390

Mortgages Loans As-is Sales 390

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

JUNE 16, 2023

As several buyer agent compensation cases work their way through the court system, it’s time for brokers and agents to come up with a plan.

Agents 285

Agents 285

Inman

JUNE 14, 2023

Sherry Chris, who recently retired, formerly led both brands. Now Ginger Wilcox will lead BHGRE while Alex Vidal leads ERA, according to an announcement Wednesday by Anywhere Real Estate.

Branding 157

Branding Brokerage Agents 157

Eye on Housing

JUNE 12, 2023

The first quarter of 2023 release of the Z.1 Financial Accounts of the United States shows for a third consecutive quarter the value of households’ real estate assets contracted. The combination of economic uncertainty and declining home prices has played a role over the past year in decreasing the value of households’ real estate assets. The level of households’ real.

Equity 128

Equity Residential Mortgages Marketing 128

Housing Wire

JUNE 15, 2023

​​The Federal Reserve ‘s (Fed) interest rate hike pause will give the housing industry a cautious sigh of relief, but observers are already nervous that the rate-induced pain train won’t come to a complete stop for a while longer and volatility will remain. The Fed’s updated economic projections showed that central bankers forecast that inflation could finish 2023 at 3.2% up from March’s projection at 3.3%; core PCE inflation at 3.9% after stripping out food and fuel prices, an

As-is 372

As-is Industrial Fixed-rate mortgage Mortgages 372

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

JUNE 14, 2023

Errol Samuelson, chief industry development officer for Zillow, discussed the company’s "housing super app," empowering agents, and consumer innovations.

Agents 258

Agents Development Industrial 258

Inman

JUNE 14, 2023

The vast majority of United States homeowners boast a mortgage rate below the current average of 6.71 percent — a bittersweet pill that explains the stalemate playing out in housing markets across the country.

Mortgages 154

Mortgages Marketing 154

RIS Media

JUNE 16, 2023

While neighbor disputes are relatively common, sometimes they can get more complicated than an argument over noise or pets. If one of your neighbors is ignoring an encroachment on your property, it can be difficult to resolve, but it’s something you shouldn’t leave until later. We will examine an encroachment and what you should do… The post Things to Know About Encroachment in Real Estate appeared first on RISMedia.

Industrial 120

Industrial Agents 120

Housing Wire

JUNE 14, 2023

The Federal Reserve (Fed) maintained the federal funds rate in the 5% to 5.25% range on Wednesday, following 10 consecutive hikes that brought rates to a level never seen since 2007. The Federal Open Markets Committee (FOMC) has decided to pause its rate hikes in June after data that pointed to cooling inflation and the need to assess how much banks have slowed down their lending due to the recent tumult in the sector.

Banks 384

Banks Fixed-rate mortgage Mortgages Investor 384

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Agents

Real Estate News

JUNE 16, 2023

Change is afoot at Anywhere brands, where 2 new presidents are filling the role vacated by Sherry Chris and regional leadership has shifted at Coldwell Banker.

Branding 249

Branding 249

Inman

JUNE 12, 2023

The best outdoor kitchens "work" just like their indoor counterparts. For decades, architects designed the ‘kitchen triangle’ — assuring an easy reach between sink, refrigerator, and range. Today, the best outdoor kitchens follow the same formula.

Design 157

Design Brokerage Agents 157

Sotheby's International Real Estate

JUNE 13, 2023

Few communities so thoroughly exemplify the timeless charm of Cape Cod as Centerville, a quiet village replete with picturesque New England sights. The peaceful residential neighborhoods are dotted with iconic church steeples, delightful early-20th-century shops, docks, and yacht clubs. Steps from grassy dunes, sandy beach, and the rolling waves of Centerville Harbor and Nantucket Sound, this classic multilevel oceanfront residence displays all the hallmarks of regional style—a shingled pitched

Residential 116

Residential 116

Housing Wire

JUNE 14, 2023

About 60% of mortgage industry professionals in the U.S. are living paycheck to paycheck, an issue caused primarily by inflation, high interest rates and fewer deals, according to a study released this week by payroll technology company Everee. “The survey of 314 U.S.-based professionals in the mortgage industry with commission-based roles also found that over 31% plan to leave the industry within the next year, and another 15% are unsure where their future in the mortgage industry stands,” the

Loan Officer 383

Loan Officer Mortgages Loans Industrial 383

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