Keeping Current Matters

MAY 2, 2023

Everywhere you look, people are talking about a potential recession.

Marketing 249

Marketing 249

The American Genius for Real Estate

MAY 3, 2023

There are some trying to make digital real estate happen, including in places like the Metaverse. But will it actually catch on?

Technology 122

Technology 122

Kyle Handy

MAY 4, 2023

The real estate industry can be a rewarding profession, offering numerous opportunities for growth and success. However, despite the potential for lucrative careers, many real estate agents don’t make it past their first few years in the business. As a real estate agent, understanding the reasons behind this high failure rate can help you avoid making the same mistakes and set yourself up for a thriving career.

Agents 89

Agents Branding Technology Industrial 89

Inman

MAY 3, 2023

Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales.

Sales 158

Sales Technology Agents Marketing 158

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

RIS Media

MAY 4, 2023

Deja vu has hit the nation as yet another Federal Reserve meeting yields further interest rate hikes after a major bank collapse over the weekend. Fed officials announced that they would raise interest rates by another quarter percent, pushing the federal funds rate between 5% and 5.25%—a 16-year high. The move marks the 10th consecutive… The post Fed Increases Rates Again, but Signals Possible Pause Amid Banking Turmoil appeared first on RISMedia.

Banks 126

Banks Industrial Agents Marketing 126

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this spring should be put to rest. The other focus should be where mortgage rates go; only a little happened last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

Marketing 522

Marketing Banks Mortgages As-is 522

NAR: Economic Outlook

MAY 1, 2023

Pending Sales Dip in March 2023 NAR released a summary of pending home sales data showing that March's pending home sales pace fell 5.2% last month and 23.2% from a year ago.

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Sales 105

Keeping Current Matters

MAY 4, 2023

Downsizing has long been a popular option when homeowners reach retirement age.

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Realty Biz

APRIL 30, 2023

Words of wisdom from Recruiting Insight's Mark Johnson, one of the industry's top talent experts Since the onset of the COVID-19 pandemic, the real estate profession has been in flux. As a result, the period from 2019 through late 2022 has been an unprecedented roller coaster. Uncertainty and reactions to the pandemic gave way to a real estate boom market now threatened by a brutal downturn in the U.S. economy.

Agents 91

Agents Marketing Brokerage Industrial 91

Housing Wire

MAY 5, 2023

Is the labor market finally normalizing? Jobs Friday data came in as a beat of estimates, but the labor market is clearly starting to come back to earth, killing the fear of 1970s wage spiral inflation. We’ve had a good week’s worth of data to show that the Federal Reserve is starting to get what it wants if you know where to look. The headline jobs data beat estimates, but we did have 149,000 negative revisions to the previous month’s data.

Marketing 489

Marketing Banks Staging As-is 489

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Real Estate News

MAY 2, 2023

During his five decades as a member of HAR and 35 years as president and CEO, Hale has driven innovation in his organization and the industry at large.

Industrial 271

Industrial 271

Keeping Current Matters

MAY 3, 2023

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house.

Mortgages 245

Mortgages Marketing 245

Inman

MAY 5, 2023

The 1975-era home closed at $1 million over asking, Inman has learned exclusively. Buyers have flocked to Sierra Madre, California, for its privacy and access to nature, as many people continue to work remotely.

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Sales Closing 166

Housing Wire

MAY 4, 2023

A paradoxical picture is emerging as the spring market is underway. On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. On the other hand, inventory is still low, and homes are still selling fast, often with multiple offers. All major housing market metrics point to a restrained housing market.

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Marketing MLS Mortgages Equity 425

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

MAY 3, 2023

In a panel discussion, leaders of four fast-growing brokerages shared their thoughts on agent attrition, the commissions lawsuits and other hot topics.

Brokerage 252

Brokerage Agents 252

Keeping Current Matters

MAY 1, 2023

Wondering if you should continue renting or if you should by a home this year?

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246

Inman

MAY 1, 2023

Loan-level pricing adjustments — a fee on mortgages — led to widespread misinformation leading up to the May 1 hike. Inman spoke to experts about what the changes mean for homeowners.

Mortgages 166

Mortgages Agents Loans Finance 166

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. “Congratulations!” she said. “You just sold your house.” The agent wished me well and said that she would appreciate a review on her website. And that was that! A little backstory: The four-bed, 1.5 bath house in the Poconos showed well and I priced it very competitively – at $269,000.

Agents 413

Agents Brokerage Loan Officer Closing 413

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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

MAY 3, 2023

Frank Major is remembered as a “smart and kind” leader who served on the board of RESO and Byte Back, an organization working to close the digital divide.

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MLS Closing As-is 234

RIS Media

MAY 2, 2023

If your credit has taken a bit of a hit, you must make changes to rebuild your score. With a higher credit score, applying for a mortgage with better terms and lower interest rates will be easier. This could give you the credit score needed to buy a house with the terms you want. Increasing… The post Improving a Credit Score to Help Buy a Home appeared first on RISMedia.

Mortgages 145

Mortgages Loans Industrial Agents 145

Inman

MAY 5, 2023

Twelve-year-old independent brokerage Tru Realty has joined Keller Williams, according to an announcement on Thursday. Tru Realty has generated $450.6 million in sales volume since 2021.

Brokerage 166

Brokerage Sales Technology 166

Housing Wire

MAY 1, 2023

Recently, the director of the Federal Housing Finance Agency (FHFA) issued a statement clarifying the agency’s rationale for changes to loan level pricing adjustment (LLPA) fees going into effect on May 1. The changes have created some controversy due to the fact that better credit quality borrowers will experience higher fees after May 1 than under the current LLPA grids and vice versa for lower credit quality borrowers.

Mortgages 413

Mortgages Commercial Development Loans 413

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Real Estate News

MAY 2, 2023

CoreLogic’s home price report for March found that prices in the U.S. increased 3.1% annually, though gains (and losses) varied across the country.

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RIS Media

MAY 5, 2023

Just how exacting and inviting must curb appeal be for a home going on the market to achieve its full price potential? Alex Chingas, a REALTOR® with the Bross Chingas Bross team at Coldwell Banker Realty in Westport, Connecticut, tells this tale… “We recently had an appointment with a home stager to come look at… The post Mulch Matters! How Curb Appeal Can Spark (or Sink) a Sale appeared first on RISMedia.

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Sales Marketing Development MLS 141

Inman

MAY 4, 2023

Redfin's Q1 revenue declined 45 percent year over year to $325.7 million, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday.

Marketing 158

Marketing Technology Brokerage 158

Housing Wire

MAY 4, 2023

Elevated mortgage rates hurt Rocket Companies , the parent of Rocket Mortgage , again in the first quarter of 2023. Rocket has been cutting expenses and targeting purchase business, but the firm was unable to achieve profitability in Q1 in a shrinking mortgage market. The Detroit-headquartered lender sustained a $111 million adjusted net income loss in the first quarter, following a $197 million loss in the fourth quarter.

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Principal Closing costs Mortgages Closing 400

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

MAY 4, 2023

CRMLS partners with Local Logic; Listing Media Services expands; Restb.ai and SentriLock each add 2 partners; news from CubiCasa, TrustFunds and Reliance.

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RIS Media

APRIL 30, 2023

The obvious things that need to be addressed before having a client’s home be listed for sale are, well, obvious. Anything you can easily see that’s broken…a window, for example, needs to be fixed pronto. Some things aren’t so obvious, but also need to be taken care of. The last thing you want is for… The post Must-Fixes Before a Client’s Home Goes Up for Sale appeared first on RISMedia.

Sales 131

Sales Development Industrial Agents 131

Inman

MAY 5, 2023

The chief executive of the largest iBuyer spoke to Inman about Opendoor's first-quarter earnings on Thursday — and expectations that the company is turning a corner after a rough 2022.

Technology 186

Technology Marketing 186

Housing Wire

MAY 3, 2023

30-year fixed mortgage rates declined slightly last week, the first rate drop in three weeks, but it wasn’t enough to boost mortgage demand. Mortgage applications fell last week by 1.2% on a seasonally adjusted basis compared to one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The 30-year fixed rate decreased five basis points to 6.5% last week, which is still 114 basis points higher than a year ago, Joel Kan , MBA’s vice pr

Mortgages 400

Mortgages Fixed-rate mortgage Banks Lending 400

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