Sat.Aug 10, 2024

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Have lower mortgage rates boosted housing demand yet?

Housing Wire

Have lower mortgage rates positively impacted the housing demand data yet? Some people have been very disappointed with the data so far, so I wanted to take an in-depth look with this week’s tracker to see what lower rates have done to these key data lines. Let’s look at two of those data lines today to see if we can spot a positive trend.

Mortgages 512
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How 2 agents took white-glove service to a higher level

Real Estate News

For some agents, going above and beyond is just part of the territory — and can be the key to closing the deal.

Agents 279
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Can you survive the squeeze from 2% commissions? The Download

Inman

The Consumer Federation of America raised eyebrows and hackles with its advice to pay only the equivalent of a 2 percent commission for both real estate purchases and sales.

Sales 192
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Brokerage Beat: News from Jack Conway, Christie's, Real, The Agency

Real Estate News

Massachusetts powerhouse Jack Conway acquires South Shore firm; Christie's Real Estate adds Trusts & Estates division; Real, The Agency gain high-value teams.

Brokerage 207
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Ready for the Post-NAR Lawsuit Landscape? Get the Broker Action Plan

Now more than ever, agents need 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.

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Why you probably shouldn’t open a real estate brokerage

Inman

The wisest thing you can do is learn from the mistakes of others, especially when it comes to long-term career decisions that are hard to reverse, Mainframe founder and CEO Sean Frank writes.

Brokerage 198

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Top 5 Stories on Brownstoner This Week: A ‘Burg Housing Lottery, Greenest Block Announced

Brownstoner

Affordable Housing Lottery Opens for Near Block Long ‘Burg Development An affordable housing lottery has opened for 56 apartments in a new almost block long nine-story development that stretches from the corner of Lorimer Street to about three-quarters of the way down Grand Street in Williamsburg. -- A Fetching Rockland County Gothic Cottage,… Read More > The post Top 5 Stories on Brownstoner This Week: A ‘Burg Housing Lottery, Greenest Block Announced appeared first on Brownston

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Passive Income Ideas With Little or No Money (2024)

Marco Santarelli

In 2024, the pursuit of financial independence remains a significant goal for many individuals. With the expansion of the gig economy and the digital marketplace, passive income streams have emerged as an appealing avenue for augmenting earnings without the constraints of traditional employment. Below are twenty passive income ideas that necessitate minimal initial investment and have the potential to pave the path to financial freedom.

Lending 98
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Real Estate Wire Fraud: How One Couple Lost Over $30K to an Email Scam

BAM Media

A Denver couple is now out more than $30,000 after responding to an email that came just days away from closing on their new home. CBS News reported on the story as another heartbreaking example of how pervasive and adaptable email scams have become. The email appeared to be a discussion between the LeMays’ lender and their title company, First American.

Title 52
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Mortgage Refinancing Surges as Interest Rates Drop in August 2024

Marco Santarelli

In August, falling mortgage rates have led to a surge of interest in refinancing , creating a wave of excitement among homeowners keen on lowering their monthly payments. As mortgage rates drop to their lowest levels in over a year, homeowners are eager to take advantage of this opportune moment to refinance, significantly impacting their financial situations.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.