Housing Wire
JANUARY 4, 2023
This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
Real Trends
JANUARY 3, 2023
Real estate, both residential and commercial, is highly competitive. As a result, you’re vying for many of the same clients as other agents in your area. To succeed in this field, you need to work proactively and efficiently. Find qualified buyers as a real estate agent. As you know, real estate is either a buyer’s or seller’s market. Considering the past year’s low inventory of properties, it wasn’t hard to find motivated buyers.
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The Close
JANUARY 3, 2023
Getting all the way to the listing appointment and not signing a new client is like dropping a birthday cake after the candles have been lit. You’ve put in all the hours to find your prospective client and prepare a real estate listing presentation. You’re ready to celebrate … if you can make it to the table. If you’ve dropped a lot of cake, chances are your listing presentation template needs some work.
HomeLight
JANUARY 4, 2023
In the age of social media, smartphones and AI algorithms, there is no shortage of information on how you should remodel your home to increase its value. But you only have so much time and money, and if you’re looking to sell your home in the future, the fact remains that there’s only there’s only one opinion that matters: The buyer’s. What buyers want in a home, and which projects are worth taking on?
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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.
Realty Biz
JANUARY 2, 2023
It’s not hidden that economy has been a bit of a mess since the onset of the COVID-19 pandemic. COVID-19 took a massive toll on global economic conditions, creating a slowdown for almost all industries, including real estate. In the current scenario, money is tight, especially for real estate owners. And that can make it hard to stay on top of your game when it comes to managing your properties.
The American Genius for Real Estate
JANUARY 4, 2023
Peeking into 2023, the real estate market outlook is changing dramatically because of central banks raising interest rates.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Easy Agent Pro
JANUARY 4, 2023
Anyone who has been in the real estate industry for a while understands the importance of building relationships with leads and clients alike. It is the very first step of the sales funnel and until you build a solid relationship, you can’t do the fun part of matching someone with the perfect property. Like any other sales-driven occupation, real estate agents need to focus on building relationships that show leads and clients that they are a trusted authority with the skills and expertise neede
BubbleInfo
JANUARY 2, 2023
A slow start is guaranteed this year because the existing inventory is so picked over – and those sellers aren’t budging on price. Instead, they are willing to wait… and whether they realize it or not, they are waiting and hoping for new listings to hit the open market at prices that make their home/price look […].
Housing Wire
JANUARY 6, 2023
Can we have a soft landing in the economy? Friday’s job report shows there is a clear pathway to get there. Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022. The bond market saw that wage growth was cooling down, leaving the Federal Reserve with few reasons to keep the rate hike story going much longer.
Keeping Current Matters
JANUARY 4, 2023
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home.
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Inman
JANUARY 6, 2023
The New York-based brokerage is shopping around 89,000 square feet of office space at 90 Fifth Ave. in Manhattan as it looks for ways to stem its losses, which clocked in at $154 million in 3Q22.
Better Dwelling
JANUARY 4, 2023
Canada’s real estate bubble is popping, and another indicator is flashing a warning. Residential investment as a share of GDP fell again in Q3 2022, after peaking a year before. Such a large drop in housing investment has only ever preceded the popping of a real estate bubble. Central bank research also indicates real home […]. The post Canadian Real Estate Bubble May Crash Until 2025 As Indicator Flashes Warning appeared first on Better Dwelling.
Housing Wire
JANUARY 4, 2023
The last week of the calendar year is usually a slow time for the mortgage industry, but 2022 was something else. It represented the lowest level of activity in 27 years. “With mortgage rates still well above 6% and the threat of a recession looming, mortgage applications continued to decline over the past two weeks to the lowest level since 1996,” Joel Kan, Mortgage Bankers Association ‘s vice president and deputy chief economist, said in a statement.
Keeping Current Matters
JANUARY 2, 2023
If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus.
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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.
Inman
JANUARY 6, 2023
Finding ways to rise above the noise and shine light onto a challenging market is the mission of every agent in today's market. Coach Darryl Davis shares eight strategies to help agents become a beacon of light for their clients against the storm of misinformation and negative mindsets.
Sotheby's International Real Estate
JANUARY 6, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Luquillo, Puerto Rico | Puerto Rico Sotheby’s International Realty. Hacienda Les Chavaux showcases mesmerizing ocean and mountain views. This Year, Luxury Homebuyers Will Look Further Afield for Deals – Bloomberg. Hot property: five homes for sale with ‘wellness’ features – Financial Times.
Housing Wire
JANUARY 4, 2023
Mortgage technology provider FormFree gives back to those in need in Northeast Georgia in a big way. FormFree hosted its third annual Heroes Golf Classic and raised nearly $55,000 for the American Red Cross. The donations will go toward disaster relief and hosting future blood drives. The CEO of FormFree, Brent Chandler, is also on the board of directors for the American Red Cross.
Keeping Current Matters
JANUARY 3, 2023
If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves.
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.
Inman
JANUARY 6, 2023
Pending home sales dropped 32 percent annually during the four-week period ending Jan. 1, with the biggest drop-offs recorded in markets that took off during the pandemic, according to Redfin.
Sotheby's International Real Estate
DECEMBER 31, 2022
In elegant estates from East Coast to West, these distinctive, expertly appointed bars prove that the best spot for a festive nightcap is often home sweet home. California Contemporary. Robin Walpert | Sotheby’s International Realty – Santa Monica – Venice Brokerage. This new solar-powered five-bedroom contemporary residence was designed for sophisticated entertaining and luxurious environmentally friendly living.
Housing Wire
JANUARY 3, 2023
Pending home sales fell for the sixth consecutive month in November, recording a 4.0% month-over-month drop that resulted in an index reading of 73.9, according to data released last Wednesday by the National Association of Realtors. “Pending home sales recorded the second-lowest monthly reading in 20 years as interest rates , which climbed at one of the fastest paces on record this year, drastically cut into the number of contract signings to buy a home,” Lawrence Yun, NAR’s chief economist, sa
Keeping Current Matters
JANUARY 5, 2023
A new year brings with it the opportunity for new experiences.
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.
Inman
JANUARY 6, 2023
Brokers, agents and homebuilders tallied a solid hiring month amid the holiday season even as the downturn in real estate transactions continued, according to the U.S. Bureau of Labor Statistics.
Realtor.com
JANUARY 4, 2023
Realtor.com / Getty Images Q: Is 2023 the year to finally buy a home? That depends. There are some signs indicating that it might be getting easier for many folks to buy a home. Inventory levels are still low, but there are more homes coming on the market; the bidding wars and mind-boggling offers over the asking price have died down; and buyers can once again insist on inspections, contingencies, and repairs before the deal closes.
Housing Wire
JANUARY 3, 2023
Top U.S. lender United Wholesale Mortgage (UWM) notched a partial win in a lawsuit against broker shop America’s MoneyLine (AML) regarding the controversial “ultimatum” it imposed two years ago. UWM CEO Mat Ishbia announced in March 2021 that brokers who did business with Rocket Mortgage or Fairway Independent Mortgage could not also send loans to UWM, which the lender called the “All In” initiative.
Better Dwelling
JANUARY 5, 2023
Toronto real estate was declared the world's largest bubble by UBS just a few months ago, now prices are crashing. The post Toronto Real Estate Is The World’s Largest Bubble & It’s Officially “Crashing” appeared first on Better Dwelling.
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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.
Inman
JANUARY 6, 2023
Lead generation is the lifeblood of a successful real estate business, writes Jimmy Burgess. What are you going to do in 2023 to take your business to the next level?
Realty Biz
JANUARY 3, 2023
Anybody who’s thinking about buying a home might be interested in knowing the average mortgage rate. As of January 2023 , the average mortgage rate sits right around 6.59%. That’s more than double the rate that borrowers were getting in early 2021. With mortgage interest rates rocketing upwards, many potential home-buyers are looking for advice on what to do.
Housing Wire
JANUARY 6, 2023
Mortgage lender loanDepot recently became the target of a lawsuit filed by a group of former California employees who have complaints about the company’s work conditions. . The lawsuit was filed on December 23 in the Superior Court of the State of California for the County of Orange by about 40 former loanDepot employees, including loan officers, processors, underwriters, loss mitigation and foreclosure specialists.
Realtor.com
JANUARY 5, 2023
Getty Images “You still see the hope in their eyes.” When Atlanta-based real estate agent Maura Neill agreed to sell a home this fall, she knew she faced an uphill battle. For one, the housing market had cooled significantly. But worse, these home sellers weren’t quite willing to accept this new reality and drop their price. Several months earlier, these sellers had listed their house with another agent for $525,000.
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.
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