Sat.May 25, 2024 - Fri.May 31, 2024

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The Biggest Mistakes Buyers Are Making Today

Keeping Current Matters

Buyers face challenges in any market – and today’s is no different.

Marketing 273
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'Unfiltered' podcast: NAR is sending the wrong message

Real Estate News

Watch the conversation with marketing pro Brian Boero as he imagines how NAR and the industry could — and should — be communicating with agents and consumers.

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2024 inventory growth challenges mortgage rate lockdown

Housing Wire

The mortgage rate lockdown premise holds that very few people will list their homes when mortgage rates are this high, thus suppressing inventory. But 2024 has proven that theory wrong. 2024 has had healthy inventory growth despite mortgage rates above 7%. Also, for the third time this year, I have hit my target of weekly inventory growth between 11,000 -17,000, thus leading to more inventory than we saw in 2023.

Mortgages 470
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NWMLS opts out of NAR deal in bid to continue commission offers

Inman

Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs' attorney Michael Ketchmark says "the fox is guarding the chicken house.

MLS 179
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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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How an Agent Helps Market Your House

Keeping Current Matters

You’re ready to sell your house. But what do you need most from your real estate agent?

Agents 260
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More sellers are cutting prices as home sales slow

Real Estate News

The share of homes with price drops reached an 18-month high as sellers try to jumpstart buyer interest in stale listings, Redfin reported.

Sales 312

More Trending

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Bright MLS will allow sellers to offer concessions upon listing

Inman

In response to NAR's proposed settlement, the nation's second largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home.

MLS 180
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How VA Loans Can Help You Buy a Home

Keeping Current Matters

For over 80 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes.

VA loan 240
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Northwest MLS will not join NAR settlement

Real Estate News

The organization is the first non-NAR MLS to announce its intentions, and it says keeping the compensation field provides more transparency for consumers.

MLS 281
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Northwest MLS criticizes $418M NAR settlement agreement, opts out

Housing Wire

Northwest MLS , the largest multiple listing service in the Pacific Northwest, will not take part in the $418 million agreement reached by the National Association of Realtors (NAR) in the Sitzer/Burnett case. In fact, NWMLS said that its own rules on buyer agent compensation are fairer and more transparent than the terms NAR agreed to in March. It also criticized NAR for pushing “consumers and brokers to make secret deals off MLS, inviting deceptive practices, discrimination and unfair housi

MLS 487
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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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Sellers are cutting prices at record pace to combat softening demand

Inman

Sluggish homebuyer activity has pushed sellers to adjust their price expectations, according to Redfin's latest report. The median asking price declined for the first time in six months to $416,000.

Brokerage 173
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Top Reasons To Own a Home [INFOGRAPHIC]

Keeping Current Matters

Buying a home has powerful financial and non-financial benefits.

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Bright MLS to offer expanded concessions field

Real Estate News

Starting in June, the field will include an option for payment of buyer agent fees, and updates coming in August will give sellers more flexibility.

MLS 261
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VA extends foreclosure moratorium through 2024

Housing Wire

The U.S. Department of Veteran Affairs (VA) announced on Wednesday that it has called on mortgage servicers to extend the moratorium on foreclosures for VA-guaranteed loans through Dec. 31, 2024, while these companies implement a new program to help struggling veterans. The current moratorium, announced in November, was set to end on Friday. It was implemented amid complaints of veterans’ struggles because there was no program available to succeed a partial claim option offered during th

Loans 453
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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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Nation’s largest MLS now allows listings to show seller concessions

Inman

The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees.

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How Do Climate Risks Affect Your Next Home?

Keeping Current Matters

Climate change is impacting where people buy homes.

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What is steering? 3 scenarios to consider

Real Estate News

Agents will be navigating new territory in August, and they'll need to avoid any hint of steering. CRMLS general counsel Ed Zorn offers some tips.

Agents 251
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EXIT Realty partners with earnest money collection platform

Housing Wire

EXIT Realty Corp. International and Earnnest , a digital app that handles earnest money collections, announced a partnership on Tuesday that is designed to create more seamless and secure real estate transactions. The Earnnest platform offers a user-friendly and fully digital fund transfer process for home purchase transactions. It is designed to enhance transparency for all stakeholders while “minimizing the risks associated with traditional methods like checks and wire transfers,“ the company

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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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Recruiting War ’24: Commission suits loom over the fight for talent

Inman

Industry members see commission suits as one of the top recruiting challenges of 2024. But brokers who can target and elevate middle-tier agents might have an opportunity.

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CRMLS Launches New ‘Concessions in Price’ Fields at Listing Level

RIS Media

California Regional MLS (CRMLS), the country’s largest MLS—home to over 110,000 members—is launching a new set of MLS system fields referring to Concessions in Price (CiP) today. The fields promise to enhance communication between listing and buyer agents, as well as homebuyers, by providing “up-front” information surrounding concessions, according to a release from CRMLS.

MLS 124
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Glenn Sanford and eXp dismissed from misconduct case

Real Estate News

Recruiter Brent Gove has also been dismissed from the lawsuit involving allegations of sexual assault, while Michael Bjorkman’s motion to dismiss was denied.

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Celebrating 15 years of Women of Influence: Insights from 2023 honorees

Housing Wire

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Women of Influence award are open now through May 31st, 2024. Click here to nominate someone. For the past 15 years, the HousingWire Women of Influence award has celebrated the exceptional contributions of women leaders in the housing industry.

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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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Is NAR a positive force? 7 out of 10 real estate agents want to know

Inman

These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.

Agents 166
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Multifamily Absorption Rates Fall to Decade Low as Completions Remain Elevated

Eye on Housing

The Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA) estimates that 42% of 91,060 unsubsidized apartments completed in the fourth quarter of 2023 were absorbed (rented) within the first 3 months following completion. For condominiums, 56% of the estimated 4,915 units completed in the fourth quarter of 2023.

Marketing 122
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Buy Side: Why buyer agreements are good for agents

Real Estate News

Cassie Walker Johnson not only supports buyer contracts, she offers training on them: “This is the tool that will define your entire professional relationship.

Agents 249
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Coldwell Banker Realty welcomes new Boston team

Housing Wire

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. Led by Mike DelRose Sr., Mike DelRose Jr. and Bobby McShane, The DelRose McShane Team boasts eight agents. They formerly operated the RE/MAX Revolution franchise in Watertown, Massachusetts, one of New England’s first RE/MAX franchises.

Brokerage 394
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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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Chad Carroll transformed golf training into real estate success

Inman

Compass Florida's No. 1 agent got into real estate at one of the worst times, right after the 2008 recession. But early sports training cultivated in him a dedicated work ethic that has allowed him to soar to great heights in his career.

Agents 166
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Op-Ed: Our Industry is Finally Studying the Craft of Buyer Agency—It’s About Dang Time!

RIS Media

The 22nd anniversary of my real estate license passed a few weeks ago. Ooh Rah! (Sorry. My military is showing.) While I have had a license for that many years, I have been involved in real estate since 1988. That’s when I purchased my first rehab property—36 years ago. In the 14 months before obtaining… The post Op-Ed: Our Industry is Finally Studying the Craft of Buyer Agency—It’s About Dang Time!

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Homebuyer files appeal challenging Sitzer/Burnett settlements

Real Estate News

A plaintiff involved in the Batton cases filed a brief with the U.S. Court of Appeals on Friday related to the Anywhere, RE/MAX and KW settlements.

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Biggest home price gains are in the Northeast

Housing Wire

Home prices in the United States continued their upward trajectory in March, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index recording a 6.5% annual gain, matching February’s growth, according to the latest report. Meanwhile, the U.S. National Index posted a month-over-month increase of 0.3%, while the 20-City and the 10-City Composite both reported month-over-month increases of 0.3% and 0.5%, after seasonal adjustment.

Sales 402
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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.