Housing Wire
NOVEMBER 25, 2024
The current start-stop cycle facing American homebuyers and sellers shows no sign of relenting. The cycle continued in May, as inflation eased more than expected, dropping to 3.3% from the 3.4% annual increases seen in March and April. These positive signs were followed by a long-awaited dip in mortgage rates, which fell for four consecutive weeks through the end of June.
The Close
NOVEMBER 25, 2024
Before diving into the exciting world of house flipping, starting with a solid foundation is essential. This means putting together a detailed business plan that covers everything from getting your operations set up and building your team to evaluating properties and securing funds for your projects. To make this easier, I have a free template and seven essential steps on how to start a house flipping business.
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Real Estate News
NOVEMBER 25, 2024
Do more than a third of consumers really prefer private listings? The answer is not so simple, says the CEO of 1000watt, which produced the report.
The Close
NOVEMBER 25, 2024
Looking for your next big investment? You’re on the right page! Buying multifamily real estate is a smart way to build cash flow and a solid investment portfolio in a single transaction. In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability.
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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.
Real Estate News
NOVEMBER 25, 2024
Industry insiders quickly weighed in on the agency’s Sunday filing, which suggested that the settlement won’t protect NAR from future antitrust action.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
NOVEMBER 25, 2024
One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today.
BAM Media
NOVEMBER 25, 2024
In real estate, it’s not uncommon that you’ll experience some slower times in your career (we’ve all been there!). Naturally, that can lead to a lack of content ideas for social media. But the reality is, some of the best posts—the ones that build real connections—happen when you’re not just talking about your deals. Remember: one of the most important elements of social media is—you guessed it—consistency!
RIS Media
NOVEMBER 25, 2024
REALTORS® are no strangers to marketing—it being an essential part of growing your business. Seasonal marketing, however, is not always everyone’s cup of tea. While marketing a team can be a bit of a different animal, tactics like seasonal marketing are tried and true, and can’t be ignored. The power of seasonally marketing cannot be… The post Team Tactics: Bringing Fall Marketing to Your Team appeared first on RISMedia.
Real Estate News
NOVEMBER 25, 2024
Consolidation has become common in residential real estate as MLSs, teams and brokerage companies strive to win by leveraging economies of scale.
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.
Brownstoner
NOVEMBER 25, 2024
An affordable housing lottery has opened for a new 21-story, 294-unit tower blocks away from Fort Greene Park, with apartments starting at $750 a month. The lottery for the 99 Fleet Place Apartments includes 76 units, all rent stabilized and income restricted, 62 of which could be deemed truly affordable. Those… Read More > The post Affordable Housing Lottery Opens for Fort Greene Tower With Units From $750 appeared first on Brownstoner.
RIS Media
NOVEMBER 25, 2024
Class-action plaintiffs in the $418 million landmark settlement with the National Association of REALTORS® (NAR) over real estate commissions finally spelled out specific prohibited real estate practices after a law professor’s latest objection to the settlement forced them to clarify their position. Tanya Monestier, a law professor at the University of Buffalo, doesn’t technically have… The post NAR Settlement Plaintiffs Push Back on Law Professor’s Objections, but Finally Spell Out Prohi
The Close
NOVEMBER 25, 2024
Preforeclosure homes are a solid choice if you want to snag a good investment deal. The process is a bit more complicated, but there are benefits, and it’s a great way to grow your investment portfolio. To learn how to buy a preforeclosure home, follow my step-by-step guide. I’ll walk you through everything from figuring out if this strategy suits you to finding listings and ultimately closing the deal on the property.
RIS Media
NOVEMBER 25, 2024
Less than 48 hours before tomorrow’s long-awaited NAR settlement approval hearing, the U.S. Department of Justice (DOJ) has raised concerns about the buyer-broker agreements stipulated in the proposed settlement. On Sunday evening, the DOJ filed a Statement of Interest (SOI) in the Burnett v. NAR et al lawsuit, which clarified that the DOJ’s lack of… The post DOJ Takes Issue With Buyer-Broker Agreements Ahead of Settlement Approval Hearing appeared first on RISMedia.
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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.
Eye on Housing
NOVEMBER 25, 2024
The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. The multifamily segment of the missing middle (apartments in 2- to 4-unit properties) has generally disappointed since the Great Recession. However, there was a noticeable uptick for this type of housing construction in the most recent data.
Brownstoner
NOVEMBER 25, 2024
Built in the 1890s, this Dyker Heights manse was designed by one of Brooklyn's prolific architects and retains an impressive amount of period detail, both inside and out. Individually listed in the National Register of Historic Places, the single-family dwelling at 1135 84th Street has mantels, pocket doors, built-ins, stained… Read More > The post John J.
RIS Media
NOVEMBER 25, 2024
As we go through Thanksgiving weekend, a time traditionally reserved for gratitude and giving back, it’s an opportune moment to reflect on the concept of unselfish thinking and how it profoundly impacts both our personal lives and professional endeavors in the real estate industry. Lesson 1: Foster a culture of generosity Leaders who practice unselfish… The post Thoughts on Leadership: Unselfish Thinking—A Cornerstone of Leadership in Real Estate appeared first on RISMedia.
Eye on Housing
NOVEMBER 25, 2024
An expected impact of the virus crisis was a need for more residential space, as people used homes for more purposes including work. Home size correspondingly increased in 2021 as interest rates reached historic lows. However, as interest rates increased in 2022 and 2023, and housing affordability worsened, the demand for home size has trended.
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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.
Inman
NOVEMBER 25, 2024
Ahead of a final Nov. 26 approval hearing on NAR's proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours.
HomeLight
NOVEMBER 25, 2024
If you’re a homeowner in Knoxville speeding toward a new chapter in life, you may be wondering, “How can I sell my house fast?” This situation is more common than you might realize in the Marble City market. Luckily, there are a myriad of effective strategies designed to help expedite the home-selling process. This guide will present you with the two most viable options to sell fast: requesting an immediate cash offer from an investor or partnering with a top-rated real estate
Inman
NOVEMBER 25, 2024
Some parents enjoy having children involved in the decision-making process of buying a home by accompanying them on showings. But is it worth the risk? One Utah-based Realtor says no.
RIS Media
NOVEMBER 25, 2024
As a real estate broker, you know it’s important to get your clients’ homes sold quickly, for top dollar. One way to do this is to encourage them to fix up their homes before they put them on the market. There are many benefits to doing this. According to studies by the National Association of… The post Brokers Benefit When Homesellers Improve Homes Before Selling appeared first on RISMedia.
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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.
Inman
NOVEMBER 25, 2024
This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors.
Bigger Pockets
NOVEMBER 25, 2024
The work-from-home phenomenon—incorporated during and after the pandemic—may be ending as more companies demand that workers return to the office. That’s good news for both corporate and residential landlords.
Inman
NOVEMBER 25, 2024
The newly launched affiliated title agency will streamline closings and increase efficiency for The Agency's New York-based clients and agents, the brokerage told Inman.
Estate Agent Today
NOVEMBER 25, 2024
Buyer sentiment has softened compared with earlier this year in the aftermath of the General Election and the Autumn Budget, research suggests.
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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.
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