Thu.Jan 02, 2025

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Home prices hit new highs in 2024. These 2 factors could ease the pain 

Inman

Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall.

Marketing 174
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The Client-Connection Hack Every Real Estate Agent Should Be Using

BAM Media

Youve heard it said countless times: real estate is a relationship-based business. But what does that really mean in practical terms? Essentially, it indicates that: To succeed in real estate, you need to build and nurture relationships. To build relationships, you need to get to know people. To know people, you need to have conversations with them.

Agents 105
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Lake Tahoe property sells for discount at $33.5M

Inman

The 10,000-square-foot Incline Village estate first hit the market for $49 million about one year ago. The home was sold with furnishings to a buyer from the San Francisco Bay Area.

Marketing 158
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New Year, New House? Here’s Why You Shouldn’t Wait past February to Start Searching

Lighter Side of Real Estate

If real estate agents earned a dollar every time they heard someone say, “I’m waiting until the new year to buy a house,” they wouldnt retire rich, but it might be enough to fill up their gas tank with premium! They start hearing buyers say this just before the holidays, often from buyers whove spent months searching for their dream home.

Agents 116
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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4 New Homebuyer Trends Expected to Emerge in 2025

RIS Media

As we bid adieu to the listless 2024 residential real estate market, will business boom for you in 2025? With a new presidential administration and improved economy, homeowners who have made impressive equity gains may finally decide to move for various reasons, easing inventory woes. As such, here are four new homebuyer trends for the… The post 4 New Homebuyer Trends Expected to Emerge in 2025 appeared first on RISMedia.

Equity 140

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Home Staging FAQ: What You Need To Know

Keeping Current Matters

You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?

Staging 297
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‘Unfiltered’: Real estate’s ‘biggest opportunity’ in an AI future

Real Estate News

Watch the conversation with The AI Guys as they talk philosophy and humanity and explain key ways agents can leverage AI to expand their business.

Agents 281
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A 10,138-square-foot Austin house jam-packed with amenities wants $9 million

Fancy Pants Homes

In one of the most sought-after enclaves in Southwest Austin, the prestigious gated community of Spanish Oaks — famous for having one of the best private golf courses in all of Texas — a glam new listing is looking for its future owners. Freshly remodeled and priced at $8,995,000, the elegant home at 5009 Spanish Oaks Club Blvd is listed with Peyton Thompson of The Agency Austin and is jam-packed with amenities.

Design 98
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Real estate news, advice and warnings to revisit heading into 2025

Real Estate News

Feel like you couldnt keep up with all the news last year? Take a moment to look back at some key stories that will continue to play an important role.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Getting Ahead of Industry Curves

RIS Media

Above, Tony Ketterling As we continue to adapt to todays post-settlement environment, real estate professionals across the board are rising to the challenge as they double down on their commitment to communication, negotiation, marketing and professionalism. To keep their businesses thriving, agents and brokers alike are having to prove their worth to clients more so… The post Getting Ahead of Industry Curves appeared first on RISMedia.

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Mortgage rates edge closer to 7%

Real Estate News

While rates have risen by nearly a percentage point since late September, buyers appear to have recalibrated expectations and home sales have improved.

Mortgages 261
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Are Traditional CRMs on the Brink of Extinction?

RIS Media

As the pace at which technology tools infiltrate the real estate industry continues to accelerate, agents and teams have struggled to get the most out of their technology investments. Applications are often too cumbersome and rigid for agents and brokers alike, and with too much time required to understand new technology and not enough results,… The post Are Traditional CRMs on the Brink of Extinction?

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Affordable Housing Lottery Opens in Gowanus With $784 Studios

Brownstoner

The latest affordable housing lottery to open for a new development made possible by the Gowanus rezoning is for the still under-construction 499 President Street Apartments. The nine-story development, which wraps around the Royal Palms Shuffleboard building between Nevins and Union streets, comprises 350 apartments in total. Included in the lottery… Read More > The post Affordable Housing Lottery Opens in Gowanus With $784 Studios appeared first on Brownstoner.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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4 Online Listing Red Flags That Will Send Buyers Running

RIS Media

An incredibly high rate of buyers start their search online. So, when it comes to attracting buyers to your listing, there are certain mistakes that you cant afford to make. Lets explore four red flags that will send potential buyers running from your listing. 1. There are no interior photos Many agents assume that omitting… The post 4 Online Listing Red Flags That Will Send Buyers Running appeared first on RISMedia.

Agents 119
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No-Fee Heights Prewar With Two Bedrooms, Arches Asks $3,900

Brownstoner

Boasting some attractive vintage features, this no-fee two-bedroom has come down a bit from when it was first listed for rent. The apartment sits on the fourth floor of 68 Middagh Street, a 10-unit, five-story walkup. With some rent regulated units, the apartment house last changed hands in 2021, public… Read More > The post No-Fee Heights Prewar With Two Bedrooms, Arches Asks $3,900 appeared first on Brownstoner.

Marketing 105
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Mortgage Rates Reach Highest Point Since July

RIS Media

While mortgage rates moved higher over the last weeks of 2024 and home purchase applications have declined, housing activity through the end of the year over the holidays saw its typical lull in both buying and refinancing activity. According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday, mortgage rates hit… The post Mortgage Rates Reach Highest Point Since July appeared first on RISMedia.

Mortgages 119
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The $27K Price Gap That Could Stall Real Estate Deals in 2025

BAM Media

BAM Key Details: Clever Real Estates latest survey reveals a $27,000 gap between buyers and sellers price expectations for 2025, with first-time buyers expecting to pay $82,000 less than sellers anticipate. While 74% of sellers say theyd pull their home off the market if they dont get their desired price, 35% of buyers wont pay asking or above. Plus, 72% of sellers expect to close in under four months, while 58% of buyers foresee a longer timeline.

Agents 59
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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.

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Consumers are changing. In 2025, proptech may finally start to notice

Inman

2025 will be a year of major change if artificial intelligence is deployed to improve the consumer experience, construction and apartment living, Inman technology expert Craig Rowe writes.

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Calculating Total Cost of Mortgage Over 30 Years

Marco Santarelli

Ever felt like you're staring into the abyss when thinking about a 30-year mortgage? Youre not alone. Its a huge commitment, and while that monthly payment might seem manageable, the total cost of a mortgage over 30 years can be eye-watering. In simple terms, you usually end up paying significantly more than the original price of your house, thanks to the interest.

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Ryan Weyandt leaves the LGBTQ+ Real Estate Alliance

Inman

Five years after founding the LGBTQ+ Real Estate Alliance, Ryan Weyandt has stepped down from his leadership role with the group. The Alliance has named Mary Mancera as its interim chief executive officer.

Agents 167
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Private Residential Construction Spending Inches Up in November

Eye on Housing

Private residential construction spending edged up by 0.1% in November 2024, according to the latest U.S. Census Construction Spending data. Year-over-year, the November report showed a 3.1% increase. The monthly increase in total private construction spending was primarily driven by higher spending on single-family construction and residential improvements.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Team Spotlight: Meet the dynamic real estate teams of 2024

Inman

This year, Inman highlighted 19 dynamic teams in its recurring Teams Spotlight column. We've rounded them all up in one place. Here's a look back at 2024.

Agents 167
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How to Write an Annual Letter That Stands Out

BAM Media

The holiday season is behind us, the influx of Christmas cards has stopped, and mailboxes are back to being stuffed with generic promotional junk. What better time to stand out? Every January, I send an annual wrap-up letter to my sphere and clients. After the holiday hustle and the flurry of social connections fade, many people crave a personal touch.

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Hamptons agents Michaela and Paulina Keszler move to Sotheby’s

Inman

The mother-daughter duo were leading Hamptons agents for Douglas Elliman before deciding to join Sotheby's International Realty. In the past 12 months, they jointly closed over $200 million.

Agents 158
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New Year, New You: Building a Blueprint for Success

RIS Media

Above (L-R): Kevelyn Guzman, Erin Cestero, Merri Jo Cowen and Gino Blefari To gain insight into how real estate professionals are mapping out the year ahead, we asked a few of our 2024 Real Estate Newsmakers the following question: What key aspects are part of your blueprint for success in 2025? Heres what they had… The post New Year, New You: Building a Blueprint for Success appeared first on RISMedia.

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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.