Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. Based on NAR’s settlement, agents working with buyers will need a signed buyer representation agreement starting in mid-July, pending final court approval of the settlement.

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MLS Agents Design As-is 497

Keeping Current Matters

MARCH 22, 2024

Trying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, these tips can help.

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Sales 330

Housing Wire

MARCH 22, 2024

The landscape for home flipping across the country was challenging in 2023 as fewer single-family homes and condominiums were flipped and investment returns on these projects declined. A total of 308,922 single-family homes and condos were flipped in 2023, down 29.3% from the 436,807 flips in 2022. This marked the largest annualized decline for the sector since 2008, according to recently released report from real estate data analytics company Attom.

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Investor Sales Closing Marketing 507

Real Estate News

MARCH 22, 2024

NAR’s settlement — and the emotions surrounding it — could lead more agents to consider trading in their membership for something new.

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Agents 309

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.

Industrial

Housing Wire

MARCH 22, 2024

In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game. Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing. The 2023 housing market was a period of uncertainty with low inventory and industry challenges. For all of 2023, the Relitix Agent Movement Index , showed a marked decrease in agent movement.

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Brokerage Agents Industrial Sales 476

Real Estate News

MARCH 22, 2024

The first of 90-plus brokerages not included in the NAR settlement reaches a deal that includes changes to its business practices as well as a monetary payout.

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Brokerage 243

Real Estate News

MARCH 22, 2024

The internal promotions will help “drive our brand into a new era of growth and success,” said the company’s founder and CEO.

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Branding 228

Housing Wire

MARCH 22, 2024

Compass has joined the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. In a document filed with the Securities and Exchange Commission on Friday morning, the Robert Reffkin-helmed firm announced that it had reached a nationwide settlement in relation to the Umpa and Gibson suits on Thursday.

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Brokerage Agents Development As-is 474

Inman

MARCH 22, 2024

The news comes one week after NAR's whopping $418 million settlement was announced. Compass also agreed to make some minor changes to its business practices as part of the settlement.

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MLS Brokerage 201

Housing Wire

MARCH 22, 2024

2023 was a consequential year for real estate. The market grappled with low inventory and mortgage rates that gave many homebuyers a reason to pause. According to Altos Research , 2023 inventory bottomed in April at 406,206 active listings. Today, there are 100,000 more homes on the market than there were in March of last year — that’s 21% inventory growth.

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Brokerage Branding Agents Residential 448

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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.

Brokerage

Real Estate News

MARCH 22, 2024

NAR's president and other industry leaders continue to share thoughts, concerns and encouragement in the wake of the association's landmark settlement.

Industrial 186

Industrial 186

Housing Wire

MARCH 22, 2024

Mortgage delinquencies improved again in February as prepayment activity increased moderately. The national delinquency rate eased to 3.34% in February, down from 3.38% in January, according to an Intercontinental Exchange (ICE) mortgage performance report released Thursday. February’s rate was also 11 basis points lower than it was a year ago. In February, serious delinquencies (loans 90 or more days past due) were down month over month, with 11,000 fewer loans in that category and a total of 4

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Mortgages Loans Staging Sales 468

Inman

MARCH 22, 2024

Agent rivalries, a transitioning market, family drama and a new mansion tax are just some of the key challenges that cast members will face on the reality TV show in its new season.

Agents 188

Agents Marketing Brokerage 188

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. In real estate and data alike, clarity and trust are paramount. That’s why, after 35 years of excellence, RealTrends is proud to unveil a new chapter in our journey: RealTrends Verified.

Brokerage 446

Brokerage Branding Agents As-is 446

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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.

Agents

Inman

MARCH 22, 2024

In the first of her two-part series, marketing expert Marci James offers insight into making the most of your digital presence with search engine optimization.

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Marketing Branding Technology Brokerage 192

Housing Wire

MARCH 22, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Looking for more listing leads? With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. While marketing to your sphere of influence, networking, and direct mail campaigns work, they can be time-consuming and they don’t always yield quick results.

Agents 438

Agents Land As-is Marketing 438

Inman

MARCH 22, 2024

The $1.2 trillion funding bill passed by the House Friday averts a partial government shutdown and extends a critical insurance program that protects 4.7 million homes through the end of September.

Mortgages 181

Mortgages 181

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate.

Marketing 438

Marketing Seller concession Due diligence Days on market 438

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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.

Agents

Inman

MARCH 22, 2024

Explore a wealth of expert insights and strategies designed to navigate the balance of leadership between your personal life and business and what it means to be successful in both.

Design 180

Design Development Brokerage Agents 180

Housing Wire

MARCH 22, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Networking can be intimidating for some real estate agents. It is an extremely broad term that encompasses many types of activities — from attending speed networking events (think: speed dating but for entrepreneurs) to stopping by your friend’s summer barbecue.

Investor 443

Investor Agents As-is Branding 443

Inman

MARCH 22, 2024

New York City's worst landlord has begun a two-month sentence at Rikers after refusing to correct more than 700 housing violations between his two Manhattan properties. Daniel Ohebshalom surrendered to authorities on Thursday, two weeks after housing court judge Jack Stoller issued a warrant for his arrest.

Marketing 161

Marketing 161

Housing Wire

MARCH 22, 2024

Property preservation company MCS is entering the reverse mortgage space after its acquisition of Five Brothers Asset Management Solutions , a deal which brings MCS into the reverse mortgage industry for the first time. After performing its due diligence to determine the market status and business opportunity that would come with entering the space, MCS CEO Craig Torrance believes that an entry into reverse could be beneficial for both his company and the wider reverse mortgage industry.

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Due diligence Mortgages Industrial Property Management 435

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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.

Sales

Inman

MARCH 22, 2024

The value of relationship-building has never been clearer or more important, Jimmy Burgess writes. Help leads and clients move forward with confidence so you can provide optimal real estate services.

Brokerage 161

Brokerage Agents Marketing 161

Bigger Pockets

MARCH 22, 2024

“I always thought stealing was wrong,” real estate investor and developer George McCleary remarks at the end of a viral video posted on social media last month, “But turns out, if you steal a […]

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Investor Development 134

Inman

MARCH 22, 2024

Anchored by industry leaders, top performers and advocacy, Inman Connect Las Vegas is primed to be a catalyst for changing real estate.

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Staging Industrial Brokerage Agents 181

Bigger Pockets

MARCH 22, 2024

A recent CNBC survey based on cost per square foot revealed that the United States’ most expensive real estate market is San Francisco’s South of Market, which contains historic Victorian buildings surrounded […]

Marketing 131

Marketing 131

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Brokerage

Inman

MARCH 22, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 163

Brokerage Agents 163

RIS Media

MARCH 22, 2024

Above, from left, Lisa Nguyen, Nora Aguirre, Jemila Winsey and Anita Legacy Blue In recent years, the real estate industry has been undergoing a transformative shift toward greater diversity, equity and inclusion (DEI). To gain insights into this evolution, we gathered perspectives from four influential women at the forefront of championing DEI initiatives in the… The post Breaking Down Barriers on the Path to a More Diverse, Equitable and Inclusive Future appeared first on RISMedia.

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Equity Industrial Agents 124

Inman

MARCH 22, 2024

Real estate professionals respond in the aftermath of NAR's big commission lawsuit settlement and Compass' brand new one.

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Branding MLS Brokerage Industrial 143

RIS Media

MARCH 22, 2024

Compass is the latest major brokerage to announce that it is settling commission lawsuits, and is the first company that has only been named in copycat suits to do so, agreeing to pay $57.5 million and change practices in exchange for immunity from seller claims. The choice potentially is a harbinger of how the remaining… The post Compass Settles, Becoming First ‘Copycat’ Defendant to Tap Out appeared first on RISMedia.

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Brokerage Industrial Agents 128

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.

Agents