Housing Wire
NOVEMBER 29, 2023
A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked.
Real Estate News
NOVEMBER 29, 2023
With Homes.com in investment mode, Realtor.com and Redfin are reshaping themselves in pursuit of the top spot among home search portals, T3 Sixty experts say.
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Housing Wire
NOVEMBER 29, 2023
Homeownership is the single greatest contributor to household wealth for American families. From 2010 to 2020, the value of owner-occupied housing in 917 metropolitan or micropolitan metro areas increased by $8.2 trillion. We know homeownership is a significant contributor to generational wealth. A home that is inherited from a family member without a will, also known as heirs’ property, can present serious challenges to families if new ownership has not been updated in land records.
Real Estate News
NOVEMBER 29, 2023
"Bachelor" star Jason Mesnick takes his team to Real; Compass celeb agent expands his reach; Christie's nabs Bay Area team; Corcoran Pacific adds owners; more.
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
NOVEMBER 29, 2023
For the first time since 2021 when Americans relocated in droves, Nashville once again is a top migration destination, according to a new report from Redfin. Nashville , also known as Music City, is No. 9 on the list of the most popular destinations for homebuyers looking to relocate to a new metro area in October. Most people surveyed relocated there from Los Angeles.
Real Estate News
NOVEMBER 29, 2023
Forecasts from Realtor.com and Bright MLS offer varying degrees of optimism, with a split on inventory and an eye on wild cards like inflation and the election.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
NOVEMBER 29, 2023
If you’re worried about a coming recession, you’re not alone.
Housing Wire
NOVEMBER 29, 2023
Knoxville, Tennessee -based Realty Executives have gained some top-producing agents. The founders of RE/MAX Preferred Properties , Ryan, Rich and Patti Levenson, are joining Realty Executives, according to an announcement on Wednesday. The family sold the franchise in October 2021 but remained with RE/MAX Preferred Properties until the move. Ryan Levenson, who is the 2023 president of the East Tennessee Realtors’ Association , is a third-generation real estate agent, following his parents, Rich
Real Estate News
NOVEMBER 29, 2023
Nashville, which offers a mix of relatively affordable home prices and a low cost of living, made it back onto Redfin’s latest migration destination list.
Housing Wire
NOVEMBER 29, 2023
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life.
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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
NOVEMBER 29, 2023
Annual home price appreciation of 5.5 percent pushes FHA loan limits up to a minimum of $498,257 in affordable markets, and to a ceiling of up to $1.72 million in high-cost states like Alaska and Hawaii.
Housing Wire
NOVEMBER 29, 2023
Lower mortgage rates have brought increased mortgage demand. Total home loan applications increased 0.3% for the week ending Nov. 24 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). Mortgage rates for the 30-year fixed loan averaged 7.29% as of Nov. 22, falling 15 basis points in one week, according to Freddie Mac ‘s Primary Mortgage Market Survey.
Inman
NOVEMBER 29, 2023
Mesnick and his business partner Chris Dalto have left Compass and brought their Seattle-based luxury team, MDG Residential, to Real. Within its first year, the team closed more than $100 million in sales volume.
Housing Wire
NOVEMBER 29, 2023
Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. In particular, lenders should take a look at their loan origination system (LOS), as the LOS they use plays a critical role in the ability to maximize efficiency, see return on investments and ultimately, win business over competitors.
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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 29, 2023
Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides.
Housing Wire
NOVEMBER 29, 2023
Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this week by the Federal Housing Finance Agency (FHFA), according to All Participants Memorandum (APM) 23-13. “Under the new definition, effective for pools or loan packages submitted on or after Jan. 1, 2024, a ‘high balance loan’ is defined as a single-family forward mortgage loan with an original principal balance (minus the amoun
Inman
NOVEMBER 29, 2023
Leading with authenticity is practically a cliche for real estate professionals and entrepreneurs of all stripes. EXp's Troy Palmquist looks at what it means to be authentic and how you can put it to work in your life.
Bigger Pockets
NOVEMBER 29, 2023
Airbnb has faced a lot of criticism as of late, with many cities going as far as banning them. New findings show that the long-term effect is just as impactful to investors.
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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 29, 2023
The trade group's attorney says NAR is "still analyzing" the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a "different case" that will likely go to trial in Q4 2024.
Seattle Times Real Estate
NOVEMBER 29, 2023
Under new the new codes adopted Tuesday, builders would need to match the energy efficiency of heat pumps in order to install gas in new buildings.
Inman
NOVEMBER 29, 2023
The ever-evolving technology and business services company is offering an “accessible, affordable and award-winning” home insurance plan for agents to offer clients in Florida.
Calculated Risk Real Estate
NOVEMBER 29, 2023
Single-family serious delinquencies continued to decline in October, however, multi-family serious delinquencies increased. Freddie Mac reported that the Single-Family serious delinquency rate in October was 0.54%, down from 0.55% September. Freddie's rate is down year-over-year from 0.66% in October 2022. This is below the pre-pandemic lows. Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble and peaked at 3.17% in August 2020 during the pandemic.
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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
NOVEMBER 29, 2023
With the latest data and leadership lessons from Simon Sinek, mega-team leader Carl Medford offers advice and words of wisdom for leading your organization through the choppiest waters.
Bigger Pockets
NOVEMBER 29, 2023
Zillow's survey asked questions about renter preferences, current living conditions, and more. Investors should take note and adjust their strategies accordingly.
Inman
NOVEMBER 29, 2023
According to a new report from Redfin, relocating homebuyers continue to seek out more affordable locales in favor of big, expensive coastal cities.
RIS Media
NOVEMBER 29, 2023
Buyer agents in the post-Burnett world must be more precise in their conversations with clients, while also being able to provide updated information on what’s happening in the legal realm regarding residential real estate sales. And getting contracts with new buyer clients that spell out how much they will be compensated is also crucial. Those… The post Buyer-Agent ‘Musts’ in the New Normal: Get Contracts and Get Educated appeared first on RISMedia.
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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
NOVEMBER 29, 2023
Fair housing isn't just about what you mean to do, writes Lee Davenport. It's also about the effect your action (or lack thereof) have on hopeful homeowners.
HomeLight
NOVEMBER 29, 2023
Are you considering selling your home in Rochester, New York, but daunted by the prospect of repairs and a lengthy sale process? We Buy Houses companies in Rochester offer a compelling solution, making all-cash offers for homes that might need a little TLC. This option is particularly appealing if you’re short on time, expertise, or funds to get your house market-ready.
Inman
NOVEMBER 29, 2023
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests.
Bigger Pockets
NOVEMBER 29, 2023
Understanding how much it costs to flip a house is key to successful real estate investing. Basic house flipping costs involve the purchase price, holding costs, renovation costs, and selling fees. A clear understanding of the cost components is crucial for ensuring your house flipping is a lucrative investment strategy. Otherwise, your budget will quickly disappear, along with any profit.
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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