Housing Wire
APRIL 16, 2024
Today, Federal Reserve Chairman Jerome Powell made statements at the Washington Forum that indicate there will be no rate cuts anytime soon because the economy and the labor market are too strong with sticky inflation. This is a change from previous statements where the Fed talked about the rate cuts it expected to make this year — although that timeframe has changed several times.
Real Estate News
APRIL 16, 2024
During a livestream presentation, Bright MLS’s chief economist highlighted some of the most misunderstood topics or mistaken beliefs about real estate.
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Housing Wire
APRIL 16, 2024
In the wake of the recent NAR settlement , coupled with persistently sluggish home sales and high interest rates , real estate agents find themselves at a crossroads marked by uncertainty and unease. Amidst this backdrop, brokerages face a critical task; keeping their agent counts from diminishing. However, with many agents feeling uncertain about their futures, a potential mass exodus from the industry may be looming.
Real Estate News
APRIL 16, 2024
PulteGroup, which potentially has thousands of claims as a seller, raised concerns about “needless and time-consuming” paperwork and lack of transparency.
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Housing Wire
APRIL 16, 2024
Because of certain persistent reputational challenges faced by the reverse mortgage industry, it can be challenging for borrowers to find objective informational sources about the product category. That’s what drove a listener of the podcast “The Indicator from Planet Money,” a production of National Public Radio (NPR), to ask hosts Wailin Wong and Darian Woods about the product during a recent episode.
Keeping Current Matters
APRIL 16, 2024
If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
APRIL 16, 2024
The federal finance giants clarified their policies, confirming that buyer agent compensation won't be applied to concession limits.
Housing Wire
APRIL 16, 2024
Are you tired of your text messages causing more confusion than closings in the real estate world? Wondering if you may have offended a prospect? Curious why you’re being ghosted at times? We’ve curated the ultimate guide to texting etiquette for agents. From dodging grammatical gaffes to perfecting your timing, these ten rules are your secret weapon for text message triumph.
Real Estate News
APRIL 16, 2024
A new survey from Real Brokerage offers insight into agent sentiment and how they really feel about the industry changes set to go into effect this summer.
Housing Wire
APRIL 16, 2024
Bank of America (BofA) reported another quarterly decline in mortgage and home equity production in the first quarter of 2024. On Tuesday morning, the top-20 U.S. mortgage lender stated it produced a volume of $3.4 billion in first mortgages from January to March, down 12.5% from the $3.9 billion in the previous quarter and the same quarter of 2023.
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Inman
APRIL 16, 2024
Just in time for spring homebuying, portal powerhouse Zillow has released a new ad campaign aimed at celebrating the persistence of millennial and Gen-Z homebuyers amid market headwinds. The ad series, "Home Just Got Real," includes two 30-second and one 15-second videos that highlight the reasons people buy — a place for their child to grow up or a home big enough for their furry friends — and the lengths they go to achieve their dreams.
Housing Wire
APRIL 16, 2024
The judge overseeing the Sitzer/Burnett commission lawsuit will not issue a final ruling on the HomeServices of America defendants just quite yet. In a filing on Monday, Judge Stephen Bough denied the plaintiffs’ motion for entry of judgement without prejudice, meaning that the plaintiffs could file another motion for entry of judgement in the future.
Inman
APRIL 16, 2024
Embrace reflection as a tool for your growth, coaches Emily Bossert and Melanie Klein write. From clarifying your purpose, to redefining your goals and cultivating adaptability, this practice will allow you to control the ebbs and flows of your business more smoothly.
Housing Wire
APRIL 16, 2024
Defendants in the behemoth Batton homebuyer commission lawsuit filed a ream of motions on Monday seeking to have the class-action allegations struck down and dismissed. The Batton suit consists of two separate lawsuits filed by the same homebuyer plaintiffs, alleging that the National Association of Realtors (NAR) and several of the nation’s largest corporate real estate firms conspired to adopt and enforce anti-competitive rules applicable to the vast majority of real estate brokers, resulting
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Inman
APRIL 16, 2024
Elevated mortgage rates and home prices have made sellers leery about listing this spring. As a result, 50 percent of homesellers said they'll be aligning their sales with a late-year rate drop.
Housing Wire
APRIL 16, 2024
Reverse mortgage volume dropped in February compared to the month prior, and new data compiled by Reverse Market Insight (RMI) shows that the primary culprit for the month was retail reverse mortgage originations. The retail channel volume decrease of 15.7% effectively “masked” a gain of 3.9% posted on the wholesale side of the business, according to RMI.
Inman
APRIL 16, 2024
Two major real estate market transformations defined the past 50 years, writes CEO Patrick Kilner. Are we ready for whatever comes next?
RIS Media
APRIL 16, 2024
Editor’s note: The following ‘Myths vs Facts’ were excerpted from recent research, “Dispelling the Myths About Real Estate Commissions and the MLS,” released by Bright MLS. Bright MLS President and CEO Brian Donnellan offers context on the analysis below the comparisons. Myth: Agents steer clients to homes with higher commission rates. Fact: Our analysis of over… The post Dispelling Myths About Commissions and the MLS appeared first on RISMedia.
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
APRIL 16, 2024
Tech firms such as Meta, Amazon, Salesforce and Google are offloading office space and letting leases expire.
Seattle Times Real Estate
APRIL 16, 2024
The organizers behind Bumbershoot are transforming the sprawling, two-floor building into a year-round contemporary art center set to open in early 2025.
Inman
APRIL 16, 2024
Phoenix-based MEB Management Services and St. Petersburg, Florida-based Weller Management announced their merger on Monday.
RIS Media
APRIL 16, 2024
Century 21 Real Estate LLC has announced its expansion in the Baltimore Metropolitan area, thanks to its latest affiliation: Harris Hawkins & Co., a Black-owned, woman-led business, now operating as CENTURY 21 Harris Hawkins & Co. Founded in 2020 by Baltimore natives Tiffany Harris and Brandi Hawkins, the company is now owned and operated by… The post Century 21 Announces Baltimore Affiliation 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.
Inman
APRIL 16, 2024
Find out how top producer Juan Carlos Barreneche leveraged great advice to build out a team and create his own training community.
Eye on Housing
APRIL 16, 2024
Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-side costs and tighter lending conditions. Overall housing starts decreased 14.7% in March to a seasonally adjusted annual rate of 1.32 million units, according to a.
RIS Media
APRIL 16, 2024
Leading Real Estate Companies of the World® welcomes AJ Canaria Creative Services, LLC to its Solutions Group program of preferred business resources for its global network of real estate firms. AJ Canaria Creative Services—founded by AJ Canaria, who now serves as chief photographer—provides photography services specializing in events, headshots, lifestyle shoots, editorials, and advertising, according… The post LeadingRE Adds AJ Canaria Creative Services to Solutions Group Program appear
Lighter Side of Real Estate
APRIL 16, 2024
If you’re thinking about buying a home this year, you might be wondering if it makes sense to wait until after the recent commission lawsuit settlement takes effect in order to save money. It’s completely understandable considering how the media and politicians make it sound like buyers are about to save a lot of money when purchasing a home due to the terms of the settlement.
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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.
RIS Media
APRIL 16, 2024
A federal judge appears to be leaning toward dismissing at least some of the claims against eXp in a lawsuit filed by an agent—Anya Roberts—who claims she was sexually assaulted by recruiters, discussing a tentative order that seemingly did not find the company was negligently or “vicariously” liable for the actions of influencers. The tentative… The post Judge Mulls Dismissing Certain Claims in eXp Sexual Assault Lawsuit appeared first on RISMedia.
Brownstoner
APRIL 16, 2024
By Ben Brachfeld, amNY A Brooklyn-based startup wants to transform urban commuting by turning any regular bike into an e-bike. Clip, founded in 2018 and based at the Brooklyn Navy Yard, has produced a portable electric motor that can easily be attached to any traditional bike and quickly turn it into an… Read More > The post This Brooklyn Startup Can Turn Any Bike Into a Safe E-Bike appeared first on Brownstoner.
RIS Media
APRIL 16, 2024
Above, Christina Balas Better Homes and Gardens Real Estate LLC has announced the appointment of Christina Balas as vice president of servicing and operations. In her new role, Balas will develop critical initiatives to drive affiliate performance, satisfaction and engagement with a focus on growing market share and increasing agent productivity. She will also lead… The post Better Homes and Gardens Real Estate Announces New VP appeared first on RISMedia.
HomeLight
APRIL 16, 2024
When you think of selling your home, you may imagine lengthy preparations, repairs, strangers in your house, price haggling, waiting, worrying, and trying to time the sale with a move. To bypass all these, many homeowners turn to new solutions offered by companies like Opendoor. But what is Opendoor? How does Opendoor work? In this post, we’ll walk through the process of selling your home to this pioneering business, share Opendoor reviews, and provide a list of similar companies so you can comp
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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