Keeping Current Matters

MAY 2, 2023

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

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Marketing 220

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 86

Agents Industrial Branding Marketing 86

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 152

Sales Agents Technology Marketing 152

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

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 118

Banks Agents Industrial Marketing 118

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 Mortgages Banks Sales 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 129

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 104

Agents Brokerage Marketing Industrial 104

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 491

Marketing Mortgages Banks As-is 491

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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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

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 158

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 Agents Industrial 145

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.

MLS 422

MLS Marketing Mortgages Equity 422

Eye on Housing

MAY 4, 2023

An earlier post revealed that 71% of buyers who were actively engaged in the process of finding a home in the first quarter of 2023 have spent 3+ months searching for a home without success. The inability to find an affordable home remains the most common reason buyers looking for 3+ months can’t make a purchase, cited by 40% (compared.

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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

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 158

Mortgages Agents Loans Finance 158

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 MLS Agents 140

Housing Wire

MAY 3, 2023

The institutional single-family rental (SFR) market has expanded rapidly over the past decade as an alternative to homeownership, but it is now facing major headwinds in the form of a rapid jump in interest rates and still-high inflation compounded by decelerating home prices and rental rates. That’s the takeaway from a recent analysis of the sector by Kroll Bond Rating Agency (KBRA), an analysis that also is echoed, in part, by a recent report from ATTOM , a leading curator of real estate data.

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Marketing Investor Mortgages Finance 415

Bigger Pockets

MAY 5, 2023

Landlord-tenant laws can be complicated and have a lot of grey areas. This article lists out 10 critical laws you must know before renting out property.

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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

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 157

Brokerage Sales Technology 157

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 125

Sales Agents Industrial Development 125

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.

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Agents Brokerage Loan Officer Closing 414

Sotheby's International Real Estate

APRIL 29, 2023

Harnessing the finest facilities for equine friends, luxurious accommodations for their riders, and truly idyllic settings for all, these alluring equestrian estates are winners across the board. Pastoral Pebble Beach Retreat Canning Properties Group | Sotheby’s International Realty – Carmel Brokerage Inspired by the estates of the French countryside and on the market for the first time, this 1.59-acre refuge in the heart of Pebble Beach is an enchanting retreat for equestrians just mome

Brokerage 118

Brokerage Marketing 118

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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

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 159

Technology Marketing 159

RIS Media

MAY 5, 2023

Buying a house at auction can appear attractive if you want a great deal on your next home. However, there are more risks to choosing an auction for houses over the normal way of buying a home. If you decide to buy at auction, there is a greater chance that the property hides a nasty… The post What Agents Should Know About Buying Houses at Auction appeared first on RISMedia.

Agents 116

Agents Inspection Closing Industrial 116

Housing Wire

MAY 2, 2023

A coalition of fiscal officers from 27 state governments called on the Biden administration and the Federal Housing Finance Agency (FHFA) to scrap the loan-level pricing adjustment (LLPA) fee changes that went into effect on May 1. In a letter to President Joe Biden and FHFA Director Sandra Thompson , the fiscal officers said the new policy will force homebuyers with good credit to pay more on their mortgage every month. “Those who make down payments of 20% or more on their homes will pay

Loan Officer 417

Loan Officer Debt-to-income ratio Mortgages Loans 417

Sotheby's International Real Estate

MAY 5, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Tulsa, Oklahoma | Sage Sotheby’s International Realty Set in Tulsa, Oklahoma, the sprawling 1920s landmark is adorned with cement textile blocks and 5,200 panes of glass. Frank Lloyd Wright’s Legendary Westhope Hits the Market at $8M – Dwell Five of the Strongest Luxury Housing Markets in the U.S.

Marketing 114

Marketing 114

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

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 152

Marketing Brokerage Technology 152

RIS Media

MAY 4, 2023

Zillow has announced the launch of their new Zillow ChatGPT plugin, which gives users a new way to discover real estate listings. According to a release, users who enable the plugin can use conversational language to ask about specific property listings or share the types of for-sale and rental homes they are interested in, including… The post Zillow Announces ChatGPT Plugin for Real Estate Searches appeared first on RISMedia.

Sales 116

Sales Agents Industrial Technology 116

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 Loans Commercial Finance 413

Realty Biz

MAY 2, 2023

As a real estate agent, one of your primary goals is to attract home buyers to your real estate website. Your website is your digital storefront and represents your brand online. It's the first place potential clients will go to learn more about you and your services, so it's essential to make a great first impression. Here are some tips on how to attract home buyers to your real estate website: Optimize your website for search engines Search engine optimization (SEO) is critical for attracting

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Agents Mortgages Branding Pre-approval 112

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.

Sales