Housing Wire
OCTOBER 17, 2024
The U.S. economy appears to be on firmer footing than previously thought, mortgage rates are forecast to end 2024 at 6% and home-price growth is also on the move. These are conclusions drawn by economists at Fannie Mae ‘s Economic and Strategic Research (ESR) Group. They’re now projecting gross domestic product (GDP) growth to fall from 3.2% in 2023 to 2.3% in 2024 and 2% in 2025.
Real Estate News
OCTOBER 17, 2024
The DANGER Report took a “frank and sometimes searing” look at the risks facing agents, brokers, associations, MLSs and the National Association of Realtors.
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Real Estate News
OCTOBER 15, 2024
“People are buying” — and living in — these futuristic homes, with dozens sold at a community in Texas, and more widespread adoption expected in five years
Keeping Current Matters
OCTOBER 15, 2024
For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes.
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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.
Inman
OCTOBER 15, 2024
Former Benchmark Mortgage CEO Brian McKinney has been charged with driving company growth following the launch of a more inclusive mortgage underwriting process and home equity product.
Calculated Risk Real Estate
OCTOBER 17, 2024
NOTE: The tables for active listings, new listings and closed sales all include a comparison to September 2019 for each local market (some 2019 data is not available). This is the third look at several early reporting local markets in September. I’m tracking over 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
OCTOBER 10, 2024
The trade organization filed an official request with the high court today, asking for a review of an antitrust case that was ostensibly closed in 2021.
Keeping Current Matters
OCTOBER 17, 2024
Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall.
Inman
OCTOBER 14, 2024
More than 89 percent of active sellers told Intel they're open to covering the buyer’s commission — even as homebuyers increasingly seek to negotiate lower commission rates with their own agents.
RIS Media
OCTOBER 15, 2024
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Halloween presents a fantastic opportunity to inject fun and creativity in your real estate marketing efforts. Whether through spooky virtual tours, in-person Halloween-themed open houses or trick-or-treat events… The post Social Skills: Adding a Spooky Twist to Your Property Showings appeared first on RISMedia.
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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.
Housing Wire
OCTOBER 13, 2024
Housing inventory, which saw an excellent pickup a few weeks ago, has been slowing down and last week we saw a slight decline. Has seasonality finally kicked in or did back-to-back hurricanes slow things enough to influence inventory data? Weekly housing inventory data Four weeks ago was the best week of inventory growth in 2024, as we hit my model range without higher mortgage rates : I gave it the chef’s kiss.
Real Estate News
OCTOBER 14, 2024
More than half of recent sellers say they negotiated with their agent to lower the commission, according to new survey data from Zillow.
Keeping Current Matters
OCTOBER 10, 2024
If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost.
Inman
OCTOBER 10, 2024
The American Real Estate Association is looking for those 'fined or otherwise harmed' by the National Association of Realtors' pocket listing rule and are interested in "collective action.
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Bigger Pockets
OCTOBER 14, 2024
Think of public housing, and a familiar picture comes to mind: hulking, run-down brick tenement buildings, graffiti-strewn malfunctioning elevators, crime, drugs, and all the social ills that go with it.
Housing Wire
OCTOBER 15, 2024
The Federal Communications Commission (FCC) — the regulatory body that oversees communications across a wide variety of media including radio, telephone and the internet — announced that new rules related to the Telephone Consumer Protection Act (TCPA) will go into effect in April 2025. The new guidelines are designed to make it easier for consumers to revoke consent for unwanted robocalls and texts.
Real Estate News
OCTOBER 15, 2024
A new statement from the agency suggests that when information is shared only among competitors — like trade group members — it sets off antitrust alarm bells.
Keeping Current Matters
OCTOBER 16, 2024
Did you know? Homeowners are often able to put more money down when they buy their next home.
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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
OCTOBER 11, 2024
The Park City Board of Realtors informed the National Association of Realtors it would no longer require agents to comply with the pocket listing rule due to fear of litigation.
HomeLight
OCTOBER 15, 2024
If you’re considering a home renovation , you’ve got company. In 2023, 51% of homeowners spent $25,000 or more on home renovations, with most of the renovations done on kitchens, bathrooms, heating and cooling systems, and outdoor security. So, if you’re planning that bathroom remodel , chances are, so is your neighbor Sally down the street. You’re going to want to stay ahead of the competition and make sure your upgrades pass inspection, especially if you’ll be selling the house in the near fut
Housing Wire
OCTOBER 17, 2024
As an entrepreneur, Mauricio Umansky has displayed remarkable versatility. At just 26 years old, he launched the clothing brand 90265, which pioneered a number of fashion trends. In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR).
Real Estate News
OCTOBER 11, 2024
A decision by Park City Realtors could signal a shift in local associations’ willingness to abide by NAR policies, and comes as the CCP debate intensifies.
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.
Calculated Risk Real Estate
OCTOBER 15, 2024
From housing economist Tom Lawler: Below is a table showing changes in various interest rates from the day before the FOMC’s 50 basis point cut in its Fed Funds rate target and last Friday. CR Notes: After the Fed rate cut, the longer-term rates increased (including mortgage rates). The yield curve has reverted as this graph from FRED shows (10 year minus 2 year).
Inman
OCTOBER 12, 2024
If you’re looking to get more eyes (of newt!) on your listings, bewitch the neighborhood and cast a spell on the right buyer, try these spooktacular Halloween listing marketing ideas from Darryl Davis.
RIS Media
OCTOBER 17, 2024
Above, from left: Victor Lund, Debra Beagle, Chris Raveis, Rick Haase, Amy Lessinger, Jason Waugh, Mark McLaughlin. Photo by AJ Canaria. As the market rebounds, new opportunities for growth are emerging—and savvy brokers are doubling down to lead the charge when it comes to shifting their strategies toward company expansion in order to grow their… The post Growing Through the Times: Tried-and-True Strategies to Expand Your Footprint appeared first on RISMedia.
Housing Wire
OCTOBER 16, 2024
In today’s complex digital environment, understanding the legal and regulatory requirements surrounding cybersecurity is crucial for any business. While the need for strong cybersecurity measures is widely recognized, navigating the legal landscape that governs them is equally important. In this article, part of the “ Reducing Risk ” series, we will break down how staying compliant with these regulations can protect your business, your clients, and their sensitive data.
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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.
Real Estate News
OCTOBER 11, 2024
A recent survey found that many agents are not satisfied with local association services and find MLSs less relevant in light of new industry rules.
BubbleInfo
OCTOBER 16, 2024
For two months we’ve been settling in with the new arrangements for paying the buyer-agents. I haven’t heard of any buyers yet who got stuck having to pay their buyer-agent because the seller refused to pay. Undoubtably, there are buyer-agents who were paid a partial fee by the seller and then the buyer made up […] The post Buyer-Agent Commissions Paid, Second Month first appeared on bubbleinfo.com.
Inman
OCTOBER 14, 2024
By integrating with Restb.ai’s proven AI, Lundy’s application should quickly enhance its overall accuracy in search returns, including being more specific about home characteristics specific to the needs of visually impaired buyers.
RIS Media
OCTOBER 15, 2024
Clear Cooperation is an essential rule from the National Association of REALTORSⓇ that is under fire by some brokerage leaders who are trying to dismantle it. At its core, this rule ensures that when a REALTORⓇ lists a property and markets it in any way, it must be shared with all other brokers on the… The post Op-Ed: Clear Cooperation—A Rule Worth Defending appeared first on RISMedia.
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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