Wed.Dec 20, 2023

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How top real estate creators (like you) are cracking the algorithm

Inman

Alexa Rosario, eXp agent and new Inman Contributor, outlines the strategies and techniques that drive engaged potential clients through each phase of your funnel marketing setup.

Agents 173
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25 Real Estate Holiday Movies to Watch This Christmas

Realty Biz

The holiday season has arrived, inviting many to snuggle up and enjoy their favorite Christmas movies. Have you picked yours yet? Here are 25 Real Estate Holiday Movies featuring fabulous properties, from ornate cottages to palatial mansions and castles. The Holiday (2006) : A heartwarming tale of two women who swap homes for the holidays and find love in unexpected places, surrounded by charming English cottages and cozy American houses.

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Loan officers are dramatically cutting their pay to win clients. It’s often illegal. 

Housing Wire

It was late 2022 and Mike was feeling the pressure. Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. But there was a problem: pricing exceptions, in which the lender takes the hit, were becoming scarce at his company. So he did what a lot of retail loan officers in the industry were doing — Mike would reclassify a self-generated lead as a corporate-generated lead, thus slashing his compensation fr

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Why Mortgage Rates Could Continue To Decline

Keeping Current Matters

When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed).

Mortgages 335
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Existing home sales lay the path for the 2024 housing market

Housing Wire

Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housing market today looks a lot like what we saw in late 2022. However, this time around, the Federal Reserve rate hike cycle is over, and we don’t need to worry about Fed presidents going on CNBC in 2024 crying about 6% mortgage rates making their lives difficult.

Sales 482
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3 ways commissions lawsuits will change the industry

Real Estate News

Lending changes, outside-the-box compensation options and some amount of agent attrition are likely outcomes, say T3 Sixty executives.

More Trending

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Home sales up after 5 months of declines

Real Estate News

Before making a small gain in November, existing home sales had been on a downward trajectory since July.

Sales 234
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Title premium volume in Q3 falls 24% annually

Housing Wire

Title premium volume continued to drop during the third quarter of 2023, as limited housing supply and high interest rates took their toll on home sales. During the third quarter of 2023, the title industry generated $4.1 billion in title insurance premiums, down 24% year over year, according to the American Land Title Association’s Market Share Analysis , released Tuesday.

Title 445
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Bob Kelley Team boomerangs to BHHS Fox & Roach Realtors

Inman

After a roughly four-year run with Compass, the 18-person team has returned to Fox & Roach. The team closed more than $73 million in sales volume in the last year.

Closing 179
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2024 will be a better year for real estate recruiting: Relitix

Housing Wire

After a multi-year decline in agent movement between brokerages , Relitix’s Agent Movement Index suggests that this trend may be reversing. The index shows that, measured on a trailing 12-month basis, the amount of agent recruitment bottomed out in October of 2023 and has begun to increase. “After seeing less and less recruitment for nearly 30 months in a row, the tide may be turning,” said Relitix Founder and President Rob Keefe.

MLS 434
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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NAR, franchisors ask for summary judgment in Moehrl suit

Inman

The National Association of Realtors, Keller Williams and HomeServices of America have all asked a federal judge in Illinois to rule in their favor before the Moehrl case goes to trial.

Brokerage 182
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Existing-home sales grew in November after months of declines

Housing Wire

Sales of existing-homes inched up in November, breaking a streak of five consecutive monthly declines. While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably. Existing-home sales grew 0.8% in November from the prior month , reaching a seasonally adjusted annual rate of 3.82 million, according to the National Association of Realtors.

Sales 451
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How was your year? Take the Inman Intel Index survey: December 2023

Inman

The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey.

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Keller Williams announces new executive appointments 

Housing Wire

Keller Williams (KW) has appointed Wendi Harrelson as president of KWRI-owned regions and John Clidy as vice president of growth, the company announced on Wednesday. The appointments were effective as of Dec. 12. “Well-known across our ecosystem as servant leaders, Wendi and John will act as growth partners for our regional operating principals and regional directors,” Mark Willis, CEO of KW , said in a statement.

Principal 443
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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5 continuing education courses tailor-made for 2024

Inman

Keller Williams Head of Inclusion and Belonging Julia Lashay Israel shares her top picks for certifications, designations and resources that are perfect for the new year.

Design 176
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Mortgage applications fall despite declining mortgage rates

Housing Wire

Mortgage demand fell for the first time since November as mortgage rates reached their lowest level since June 2023. Total home loan applications decreased by 1.5% for the week ending Dec. 15 compared to the previous week, according to data from the Mortgage Bankers Association (MBA). Mortgage rates for the 30-year fixed loan averaged 6.83%, according to Freddie Mac ‘s Primary Mortgage Market Survey. “At least as of last week, borrowers’ response to this rate move was rather tepid,”

Mortgages 443
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Ocrolus grows clientele with new capabilities and document types

Inman

AI document automation platform signs 100 new customers in 2023 and now supports more than 1,150 types of documents to serve a growing number of use cases, including mortgage.

Mortgages 170
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CoreLogic’s income analysis solution now integrated with Fannie Mae’s income calculator

Housing Wire

CoreLogic ’s AutomatIQ Borrower Income Analysis solution is now integrated with Fannie Mae ’s Income Calculator, the company announced last week. With this integration, mortgage lenders will be able to calculate borrowers’ income according to the standards described in Fannie Mae ’s Selling Guide. Lenders will be able to automate, streamline and standardize their income verification processes while improving customer experience.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Toes in the sand: Real Brokerage adds 40-agent indie in Carolinas

Inman

Carolina Sky Real Estate operates in North and South Carolina under the guidance of Sheila Fleming and Toni McIntyre. The company is on track in 2023 to close just under 300 homes worth a total $117 million.

Brokerage 169
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Moehrl commission lawsuit defendants file motion for summary judgement

Housing Wire

The three remaining defendants in the Moehrl commission lawsuit filed a joint motion for summary judgement on Tuesday. The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. “After almost five years of litigation, it is clear that Keller Williams Realty, Inc. had no involvement in the issuance and or enforcement of NAR rules

Brokerage 423
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People on the Move at Keller Williams

Real Estate News

KW promotes two longtime leaders to help enhance regional growth.

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Time for brokers, agents to bridge the Sitzer disconnect: LeBarton

Inman

Brokerages have been scrambling to get agents up to speed on commissions lawsuits — but they may already be in deeper than broker-owners realize, Inman's Director of Research tells Intel.

Agents 164
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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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Reasons For a Property Survey

RIS Media

Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one, and what it entails.… The post Reasons For a Property Survey appeared first on RISMedia.

Land 138
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1 in 4 agents are fielding client commission queries now: Triple-I

Inman

Brokerages have sprung into action as commission lawsuits proliferate — and not a moment too soon, according to the results of November's Inman Intel Index survey, released Wednesday.

Brokerage 163
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Exclusive Agency vs. Exclusive Right in Real Estate Contracts

RIS Media

In the realm of real estate transactions, one crucial aspect that both sellers and real estate agents must carefully consider is the type of listing contract they enter into. The Exclusive Agency and exclusive right-to-sell agreements are two common types of listing contracts. These contracts define the relationship between the seller and the real estate… The post Exclusive Agency vs.

Agents 137
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Zillow unveils top 10 markets where people dreamed of moving in 2023

Inman

The real estate portal pulled user search data and other metrics to find the top markets where people looked to move to in 2023.

Marketing 189
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.

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Top 10 Coldwell Banker Brand Press Placements – Week of Dec. 11, 2023

Coldwell Banker

This week's Top 10 press placements showcase the power of the blue brand in headlines across the globe. The post Top 10 Coldwell Banker Brand Press Placements – Week of Dec. 11, 2023 appeared first on Coldwell Banker Blue Matter.

Branding 120
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Life is the force that will define the 2024 spring housing market

Inman

Team leader and new Inman contributor Diana Sutherlin says agents must approach the spring market with enthusiasm, preparation and adaptability, and be ready to navigate every opportunity for clients.

Marketing 160
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Seattle continues to defy gravity, at least up in the sky

Seattle Times Real Estate

It turns out downtown Seattle is booming, if you know where to look, which is up. Life at street level is still ailing; Seattle's action lately is all in the sky.

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Lower mortgage rates failed to spur homebuyers into action last week

Inman

Demand for purchase loans has picked up in five of the past seven weeks as mortgage rates continue a dramatic retreat from October highs on expectations of Fed rate cuts.

Mortgages 159
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.