Sat.Jan 21, 2023 - Fri.Jan 27, 2023

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The Secret to Boosting Your Conversion Percentage with New Leads

Broke Agent Media

Do you want to jump your conversion percentage and make it predictable and scalable? I’ve got a technique that’s gonna blow your mind. Here’s what we know about real estate agents: They don’t follow up enough. The average real estate agent follows up 2.7 times (not even 3). And, thanks to some advanced research with a couple of partners and our advisors, there’s a number I’m going to give you that will blow your mind.

Agents 98
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The pandemic practices that real estate agents are sticking with

Real Trends

At the onset of the COVID-19 pandemic nearly three years ago, real estate agents across the country began preparing for the worst. “When COVID first started I thought we would all be sitting around doing nothing,” Katie French, a Hartford, Connecticut -based Coldwell Banker agent, said. “I thought it was going to come to a screeching halt.” Instead, the exact opposite happened.

Agents 99
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Why You Shouldn’t Fear Today’s Foreclosure Headlines

Keeping Current Matters

If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today.

Marketing 201
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New Home Sales Uptick in December But Market Weakness Remains

Eye on Housing

While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put a damper on consumer demand. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau estimated sales of newly built, single-family homes in December at a 616,000 seasonally adjusted annual pace, which is.

Sales 108
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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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Everything You Need To Know About eXp Realty Revenue Share

Kyle Handy

eXp Realty Revenue Share is an exciting opportunity for real estate agents, brokers, and team leaders from all over the country to build an additional income stream while still earning commissions from selling real estate. eXp Realty is a cloud-based real estate brokerage with no brick-and-mortar offices worldwide. Because of this, eXp Realty’s overhead is significantly lower than traditional brokerages.

More Trending

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How Rental Bonds Work and What They Mean for Tenants

Realty Biz

When you sign a lease agreement to rent a property, the landlord will ask for what is called a rental bond. This is an amount of money that the tenant pays to the landlord as security against any damage they may do to the property during their tenancy. In this blog post, we will explain what rental bonds are and what they mean for tenants. What Are Rental Bonds and Why Are They Important?

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How to Appeal or Dispute an Appraisal in Real Estate

Maximum Exposure Real Estate

Disputing Low Appraisal Values Are you wondering how to appeal an appraisal? An appraisal appeal is not all that uncommon in real estate. Real Estate appraisers don’t always see eye to eye on what a buyer and seller feel a property is worth. Unfortunately, the appraisal is one of the most important factors dictating what […] The post How to Appeal or Dispute an Appraisal in Real Estate appeared first on Maximum Real Estate Exposure.

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As mortgage rates decline, the mantra is ‘no buyers left behind’ 

Housing Wire

As mortgage rates continue to decline, Chad Earnest’s mantra with his referral partners in 2023 is “no buyer left behind.” The Montgomery, Texas-based area manager, who moved from AmeriSave Mortgage Corporation to Cardinal Financial Company in November, launched in mid-2022 a platform to help their referral partners succeed. He makes co-marketing investments and helps partners with their databases by looking for any missed opportunity in the market.

As-is 467
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Why It Makes Sense To Move Before Spring

Keeping Current Matters

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up.

Marketing 242
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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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Affordability improves, as do hopes for a good spring  

Housing Wire

Affordability has improved in the mortgage market since December, thanks to declines in mortgage rates and a slowdown in home price appreciation. Here’s a spoiler: Industry experts believe this trend will continue for months, signaling that a good spring is ahead. “It’s been the rise in prices [and] interest rates that have constrained affordability,” Doug Duncan, senior vice president and chief economist at Fannie Mae, said in an interview.

Mortgages 420
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CoStar considering purchase of Realtor.com parent: Report

Inman

Acquiring Realtor.com would significantly advance CoStar's push into residential real estate — and bring it into greater conflict with the industry's existing power players.

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Luxury Real Estate Headlines: Fourth Week in January, 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Pacific Palisades, California | Sotheby’s International Realty – Santa Monica – Venice Brokerage A rustic house in Rustic Canyon, a west side neighborhood of Los Angeles, has come to the market for the first time since it was built in 1987.

Brokerage 131
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The 3 Factors That Affect Home Affordability

Keeping Current Matters

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges.

Marketing 223
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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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Housing Market Tracker: Purchase apps jump 25%

Housing Wire

Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. That’s a big jump, but context is critical. Housing inventory decreased by 566 units, which is not a significant decline. Mortgage rates fell, but the bond market didn’t break what I see as a critical level, so for now, stabilization is more important.

Marketing 499
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Why eco-certification is driving value in luxury home sales

Inman

While you’ve likely encountered eco-certifications for homes, there are also eco-certifications for real estate agents. Here's what they are and why they matter to grow you book of business.

Sales 157
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Bank of Canada To Hike Rates, Leave Door Open For More: BMO

Better Dwelling

Canadian markets have begun discussing rate cuts, and that’s a reason we might not see one this year. BMO Capital Markets wrote to investors over the weekend, outlining their expectations for a rate hike this week. Their forecast currently sees the Bank of Canada (BoC) hitting pause after the next hike, but they warn it […] The post Bank of Canada To Hike Rates, Leave Door Open For More: BMO appeared first on Better Dwelling.

Banks 129
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Want To Sell Your House? Price It Right.

Keeping Current Matters

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices.

Mortgages 229
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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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Flagstar Bank makes big cuts to retail mortgage operation

Housing Wire

Two months after receiving the Federal Reserve ’s approval to merge with New York Community Bank, Michigan-based Flagstar Bank is reducing its footprint in the retail channel and laying off hundreds of staffers, according to laid off employees. “I just got news this morning that the company is scrapping retail outside of where the bank footprint is,” a former Flagstar Bank regional manager posted on social media.

Banks 438
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Anywhere Brands Sue Yannacone: Align with bigger franchises to win

Inman

Anywhere Brands President Sue Yannacone argued at Inman Connect New York on Wednesday that franchising helps brokerages scale up, and gives them tools they couldn't otherwise access.

Branding 157
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Where People Moved in 2022

NAR: Economic Outlook

Where People Moved in 2022 After a historically low moving rate in 2021, data indicates that even fewer Americans moved across the country in 2022.

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Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On?

Realtor.com

Photo-Illustration by Realtor.com; Photos: Getty Images (3) For those navigating America’s residential real estate market, it’s lately felt a bit like an out-of-control cargo train, ever threatening to veer off the tracks—stomach-churning price accelerations followed by interest rate hikes slamming the brakes. It’s little wonder that just about everyone seems to be searching for clues on where housing sales are going this year.

Equity 126
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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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Pending home sales rise for the first time since May 2022

Housing Wire

Pending home sales ended 2022 on a positive note. After six consecutive months of declines, the Pending Home Sales Index rose 2.5% month over month in December to a reading of 76.9, according to data released Friday by the National Association of Realtors (NAR). “This recent low point in home sales activity is likely over,” Lawrence Yun, NAR’s chief economist, said in a statement. “ Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to st

Sales 411
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Why the 2023 housing market slowdown is a good thing

Inman

In a session called "Your Inside Look Into the 2023 Housing Market," panelists at Inman Connect New York said real estate companies and consumers are "adjusting to the new reality.

Marketing 152
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Tips For Pricing a Home Correctly Every Time

Realty Biz

Your home is typically the most significant investment you'll ever make, so when it’s time to sell, you want to ensure you get as much as possible. But how do you choose the best price to list the home? Accurate house pricing is essential for success. If you set the price too high, it will be on the market for a longer time. If the price is lower than it should be, you’ll receive offers below what you need to help purchase your next home.

Sales 122
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Fewer Adults are Planning a Home Purchase

Eye on Housing

The share of adults planning a home purchase in the next 12 months dropped to 13% in the final quarter of 2022, down from 15% in the previous quarter. The drop is not surprising, given that housing affordability worsened during this period, as mortgage interest rates surpassed 7.0% and reached levels not seen in nearly 20 years. In the third.

Mortgages 124
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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.