Housing Wire
AUGUST 27, 2024
Even as the real estate and mortgage markets are seeing light at the end of the tunnel following two difficult years of conditions, mortgage rates have yet to ease enough to create a surge of demand for purchase loans and refinances. At HousingWire ‘s Mortgage Rates Center on Tuesday, the rate for 30-year conventional loans stood at 6.64%, down 5 basis points (bps) from a week ago.
Keeping Current Matters
AUGUST 27, 2024
It’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead.
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Housing Wire
AUGUST 27, 2024
Despite the overwhelming desire among the baby boomer generation for aging in place in their current homes, practical challenges like living costs and elevated home prices appear to be leading more older people to cohabitation with roommates, or “ boommates.” This is according to a column published this week by NextAvenue. “As home prices rise and property taxes and insurance bills soar, it’s become ever more difficult to age in place,” the article stated.
Real Estate News
AUGUST 27, 2024
Watch the conversation with an agent who ditched cooperative compensation last year — and is getting deals done. See how he talks to sellers (and buyer agents).
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.
Housing Wire
AUGUST 27, 2024
Home prices continued to climb in June. The S&P CoreLogic Case-Shiller national home price index rose 5.4% annually to a reading of 325.23 in June, according to data released Tuesday. While prices continue to climb on a year-over-year basis, June’s figure was down from 5.9% growth in May. June’s annualized increase is the lowest rate of home price appreciation since November 2023.
Real Estate News
AUGUST 27, 2024
The housing market has seen its share of highs and lows in recent years, but appreciation has only moved in one direction: up. Could that be changing?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
AUGUST 27, 2024
A new report calls out numerous state associations for buyer agreements that could hurt consumers or break the new rules.
Housing Wire
AUGUST 27, 2024
The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into updates for the FHA Connection (FHAC) portal. This system provides FHA-approved lenders and business partners with secure online access to computer systems at the U.S.
Inman
AUGUST 27, 2024
In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer.
Housing Wire
AUGUST 27, 2024
Although cooperative compensation or commission information is no longer available on many MLSs after the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement went into effect Aug. 17 , some MLSs have allowed agents to continue indicating whether their seller is willing to consider concessions. The Bay East Association of Realtors , located in the San Francisco Bay Area, is taking things a step further by removing its “Concessions Considered: Ye
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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.
Inman
AUGUST 27, 2024
With confusion around the new commission rules, compliance expert Summer Goralik unpacks whether listing agents should verify signed buyer-broker agreements before showing a property.
Housing Wire
AUGUST 27, 2024
In my last article, I touched on three of the challenges we had to overcome to achieve our growth goals. Now, let’s dive in and examine some of the things my amazing team at Coldwell Banker Premier was able to accomplish to help us along our path. None of this happened overnight, so don’t beat yourself up and think that this is an impossible feat. Infrastructure The initial goal I was given was to essentially double the size of our company.
Inman
AUGUST 27, 2024
As real estate's new reality takes shape, buyer agents are exploring new ways to streamline processes and communicate effectively with clients, The Medford Team CEO Carl Medford writes.
Housing Wire
AUGUST 27, 2024
Chris Bruser, a reverse mortgage professional in Florida , agreed with an assertion that most people do not dream of entering the reverse mortgage business when they’re kids. But success can have a major impact on young people when they’re exposed to what it can look like, and this much was true for Bruser as a teenager when he worked at a country club as a golf caddy.
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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
AUGUST 27, 2024
Touted as faster and more affordable, Calque's new "Contingency Buster" product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say.
Housing Wire
AUGUST 27, 2024
Mortgage market conditions presented over the past two years have muted the effectiveness of the monetary policy tightening by saving $600 billion for homeowners, accounting for about 2% of personal consumption spending since 2022, according to a report by two Swiss Re Institute senior economists. “A dollar not spent on mortgage payments is a dollar free to spend elsewhere.
Inman
AUGUST 27, 2024
Find out what Miami Beach luxury agent Anna Sherrill has learned as she's grown and what she'd tell a new agent just starting out in the business.
Brownstoner
AUGUST 27, 2024
As the controversial rezoning proposal for Arrow Linen’s site in Park Slope moves through the city process, advocates for a shorter, more affordable housing development say they have found a developer willing to build one. Their vision, they say, could yield more apartments than what is currently planned by Arrow Linen… Read More > The post Locals Call on Pol to Reduce Arrow Linen Rezoning, Back Fully Affordable Build appeared first on Brownstoner.
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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
AUGUST 27, 2024
Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires.
HomeLight
AUGUST 27, 2024
A hard money lender provides short-term loans backed by real estate rather than the borrower’s credit score. Typically, their clients are house flippers or individuals investing in rental properties. Instead of relying on traditional metrics, hard money lenders determine the loan amount based on the after-repair value (ARV) of a property. ARV is the estimated value of a property after renovations are complete.
Inman
AUGUST 27, 2024
How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped.
Maximum Exposure Real Estate
AUGUST 27, 2024
Over the years, a few people have asked me if there is anything different about selling a home on a busy street. Selling many homes is challenging, but some are more difficult than others. Homes on busy streets are one type of home that takes extra finesse to unload for a great price. But don’t […] The post Selling A House on A Busy Road: What You Should Know appeared first on Maximum Real Estate Exposure.
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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.
Inman
AUGUST 27, 2024
The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI's headquarters.
RIS Media
AUGUST 27, 2024
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. The most effective way to implement social media to grow your business is to branch out into ads across your platforms. The perfect social media strategy not only… The post Social Skills: The Basics of Boosting Your Posts appeared first on RISMedia.
Inman
AUGUST 27, 2024
Real estate’s ultimate Texas gathering, Inman Connect Austin, touches down in the Lone Star state in October with a packed roster of industry heavyweights. Here's a preview of the guest list.
HomeLight
AUGUST 27, 2024
You’re in the market for a new house and see a listing for a patio home that seems to check all of your boxes: number of bedrooms, bathrooms, size, and location. But what exactly is a patio home? A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price.
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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.
Inman
AUGUST 27, 2024
Commit to your franchise's brand standards while keeping your own individual identity to build a real estate business that resonates both locally and globally, The Agency'sTara Scholl-Gettles writes.
HomeLight
AUGUST 27, 2024
In Jacksonville, securing the right financing is important, especially if you’re an investor looking for a flexible loan option. That’s where a hard money loan might come in handy. Whether you’re flipping homes in neighborhoods like Riverside or purchasing investment properties near San Marco, these loans offer quicker funding and more adaptable terms than traditional mortgages.
Inman
AUGUST 27, 2024
Although home price growth is slowing, S&P CoreLogic's report also showed that first-time homebuyers are being impacted most by rising prices, since in the last five years, prices in the lower end of the market have risen more quickly than other tiers.
HomeLight
AUGUST 27, 2024
Are you curious how much your home is worth in San Antonio’s dynamic real estate market? Whether you’re considering selling, looking to cancel PMI , or simply curious about your property’s current value, having accurate information is key to making smart decisions about your biggest financial asset. In this article, we’ll dive into home price trends in Alamo City, show you how to get a reliable home value estimate , and offer some practical strategies to boost your home’s value and marketability
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.
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