Sat.Aug 19, 2023 - Fri.Aug 25, 2023

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The Playbook: A Complete Guide to Probate Listings

RIS Media

Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every other Thursday for another addition to the series. As so-called “discretionary”… The post The Playbook: A Complete Guide to Probate Listings appeared first on RISMedia.

Agents 94
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RE/MAX lays off 7% of staff in reorg

Housing Wire

Denver -based real estate giant RE/MAX announced that it was laying off 7% of its staff on Friday. According to the company’s filing with the Securities and Exchange Commission , layoffs were part of a reorganization, which RE/MAX said is “intended to streamline the Company’s operations and yield cost savings over the long term.” The filing stated that RE/MAX expects the reorganization to be substantially complete by the end of the quarter.

Principal 369
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Keller Williams agent killed in boat accident before Mega Agent Camp

Inman

Beloved Keller Williams Moorestown agent Rob Montalbano died in a Lake Travis boating accident on Aug. 13. His brokerage and community have rallied to raise more than $68,000 for funeral costs.

Agents 147
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Don’t Forget! Disclose Those HOA Documents As Part of Your Home Sale

HomeLight

The amount of paperwork required during the home sale process is staggering. When you’re buried under a mountain of 180 pages related to the deal, it’s easy to neglect a stack that seems to hide on the periphery of the transaction: the Homeowners Association (HOA) documents. But your failure to be transparent and forthcoming with the rules, regulations, and financial state of the HOA governing the block could hold up the process or come back to bite you.

Sales 87
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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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Higher Rates = All-Cash Market?

BubbleInfo

Could rates get so high that it turns into a cash-only market? It’s heading that way. Of the 118 closings this month between La Jolla and Carlsbad, 45% were all-cash, and it’s competitive. My buyers made a cash offer that was $101,000 over list on this one and didn’t make the final round.

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Credit Karma vs. Credit Sesame: A Comparative Analysis of Free Credit Monitoring Services

Maximum Exposure Real Estate

Would you like to know the similarities and differences between Credit Sesame vs. Credit Karma? Credit Karma and Credit Sesame are popular online platforms offering free credit monitoring services in the US. They provide access to credit scores, reports, and valuable tools for managing personal finances. While both platforms share similarities, there are key differences […] The post Credit Karma vs.

Finance 98
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Maui broker: Hanging up on vultures, holding on to hope

Real Estate News

Chris Speicher feels "numb" in the wake of devastating wildfires but is committed to helping the community rebuild — in the right way.

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Mortgage lender AmeriFirst Financial files for bankruptcy

Housing Wire

Retail lender AmeriFirst Financial Inc. filed for Chapter 11 bankruptcy protection in Delaware, just two months after it got back into the forward mortgage origination business. The Mesa, Arizona-based company listed estimated assets and liabilities as much as $100 million each, according to a filing in the U.S. Bankruptcy Court for Delaware. RCP Credit Opportunities Fund is listed as the largest unsecured creditor in the AmeriFirst Chapter 11 case — with a claim of $17.9 million, court pleading

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Why You Need a True Expert in Today’s Housing Market

Keeping Current Matters

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side.

Marketing 211
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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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Nan & Company Properties launches Farm & Ranch Division

Inman

The Houston-based Christie's International Real Estate affiliate has also opened a new office in Lake Livingston and made two new hires to support the launch of the new division.

Brokerage 143
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Affordable Housing Lottery Opens in Crown Heights for 18 Units Starting at $735 a Month

Brownstoner

An affordable housing lottery has launched for 18 apartments in the under-construction Grand Pacific complex on the corner of Pacific Street and Grand Avenue in Crown Heights. The eight-story, 69-unit building with curved facade and swanky amenities is the result of an unusual deal brokered between the local community board… Read More > The post Affordable Housing Lottery Opens in Crown Heights for 18 Units Starting at $735 a Month appeared first on Brownstoner.

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Zillow Home Loans rolls out 1% down payment option program

Housing Wire

Zillow ‘s mortgage arm launched a down payment assistance program where the company will cover 2% of the borrower’s down payment at closing, allowing buyers to pay just 1% upfront. The program is available for eligible borrowers in Arizona and will expand to additional markets, Zillow Home Loans said in a release. The 2% portion of the down payment will be paid during closing and not as a payment to the borrower. “For those who can afford higher rent payments but have been held

Loans 369
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Get Your Swag On

Yardi Marketing

Swag, a word coined in the 1940s by an advertising executive, is a way for a business to reinforce its brand among clients, prospects and employees. Swag encompasses a vast array of complimentary items ranging from pens, mugs and mouse pads to hats, water bottles, backpacks, specialized bags for carrying tech gear, exercise mats, calendars, magnets, coasters and much more.

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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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What’s next if NAR loses those bombshell lawsuits?

Inman

The most explosive damage to the National Association of Realtors and the overall industry will result if the defendants lose one or both so-called bombshell lawsuits. Author and trainer Nancy Ross breaks down the possible repercussions.

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Meet the Rookie of the Year Finalists: Northeast Region

RIS Media

Following RISMedia’s recent unveiling of the Top 25 regional Rookie of the Year finalists for 2023, this series will spotlight the five finalists from each region, beginning this week with the Northeast finalists. The Rookie of the Year program, sponsored by Colibri Real Estate and now in its second year, is designed to honor real… The post Meet the Rookie of the Year Finalists: Northeast Region appeared first on RISMedia.

Design 98
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KW will cut profit sharing for agents who joined rivals

Housing Wire

Keller Williams is going with the carrot and the stick approach. The franchisor just announced a significant adjustment to its profit sharing program, aimed at rewarding agents who stay with the company and punishing vested agents who left for competitors. Keller Williams President Marc King last week wrote in an email that the company will cut the profit share distribution for vested “former” KW agents (agents who joined the company before April 1, 2020) who jumped ship to another brokerage fro

Agents 369
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Historic Bed Stuy Factory Building, Now Church, to Be Partially Demo’d for Condos

Brownstoner

A Victorian rubber factory turned church -- known to locals as the "Glorious Hurch" after the "c" went missing on its sign -- on Marcus Garvey Boulevard will be transformed if plans go through for a partial demolition to make way for a new condo building on part of the… Read More > The post Historic Bed Stuy Factory Building, Now Church, to Be Partially Demo’d for Condos appeared first on Brownstoner.

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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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Barbara Corcoran sees price growth of 10-15% once rates drop

Inman

Barbara Corcoran told "Good Morning America" viewers on Wednesday that she doesn't foresee prices dropping any time soon but could see them spiking once mortgage rates come down.

Mortgages 141
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Could Florida’s Live Local Act Be the Blueprint for Addressing Housing Shortages Across the United States?

Bigger Pockets

A new Florida law will limit the power of local governments to impact zoning regulations, requiring them to approve multifamily and mixed-use residential developments in commercial, industrial, and mixed-use zones, […]

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Housing sector is showing signs of picking back up: Powell 

Housing Wire

In a hawkish tone, Jerome Powell said that Federal Reserve (Fed) officials are prepared to raise the federal funds rate further and hold it at high levels until they are confident that inflation is moving sustainably down to the 2% target. And that’s unclear at this point. There are some sources of pressure on U.S. prices — among them is the housing market, Powell said Friday morning during an economic policy symposium in Jackson Hole, Wyoming. “So far this year, GDP [gross domestic

Mortgages 368
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Where Real Estate Fits Into the ‘Summer of Girl Power’

National Association of Realtors: Culture Scan

Where Real Estate Fits Into the ‘Summer of Girl Power’ From Beyoncé to “Barbie,” women are having a big moment. But in real estate, women have long been a force to be reckoned with.

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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.

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Interest rates stay anchored after Fed chair’s hawkish speech

Inman

After an initial swoon, bond markets take Federal Reserve Chairman Jerome Powell's tough talk on inflation in stride, but the housing sector remains vulnerable to rate hikes.

Marketing 145
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CEO Exchange Preview – Shaking Up Your Business Model: How to Stay Current as the Industry Evolves

RIS Media

As the needs of today’s agents and consumers continue to evolve, brokers must adapt their operations to meet the demands of changing times. An eclectic group of progressive brokers will share how they’ve shaped their business models for modern times during the panel discussion, “Shaking Up Your Business Model: How to Stay Current as the… The post CEO Exchange Preview – Shaking Up Your Business Model: How to Stay Current as the Industry Evolves appeared first on RISMedia.

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Mortgage rates continue to climb beyond 7%

Housing Wire

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. For many, there is worry that the Fed may overtighten on the monetary front and lead to economic damage,” said George Ratiu, chief economist at Keeping Current Matters.

Mortgages 369
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Cost of Building a House: Expert Guidance

Maximum Exposure Real Estate

How Much Does It Cost to Build a House? The cost of building a house can vary depending on several factors. Factors such as location, house size, quality of materials, architectural design, and labor costs can all affect the overall cost. We will explore these factors and provide a breakdown of the costs of building […] The post Cost of Building a House: Expert Guidance appeared first on Maximum Real Estate Exposure.

Design 98
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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.