Mon.Oct 14, 2024

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Opinion: How real estate will come back stronger

Housing Wire

The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact.

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Why a Condo Could Be Your Perfect First Home

Keeping Current Matters

If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome.

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Up for negotiation: Commission fees

Real Estate News

More than half of recent sellers say they negotiated with their agent to lower the commission, according to new survey data from Zillow.

Agents 256
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Listing agents hold the line against downward commission pressure

Inman

More than 89 percent of active sellers told Intel they're open to covering the buyer’s commission — even as homebuyers increasingly seek to negotiate lower commission rates with their own agents.

Agents 186
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The 2025 Real Estate Roadmap to Success

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.

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What NAR wants consumers to know about fair housing

Real Estate News

Everyone involved in a transaction must steer clear of discriminatory practices, says NAR, warning sellers not to direct their agents to avoid certain buyers.

Agents 200
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SERHANT. expands into Hudson Valley, adds new teams

Inman

The firm has brought on four new high-earning teams in New York, New Jersey and South Carolina in recent weeks as it continues to expand along the East Coast.

Brokerage 182

More Trending

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Lundy, Restb.ai connect voice search with vision-impaired buyers

Inman

By integrating with Restb.ai’s proven AI, Lundy’s application should quickly enhance its overall accuracy in search returns, including being more specific about home characteristics specific to the needs of visually impaired buyers.

MLS 179
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Public Housing As a “Solution” Only Makes Affordable Housing Worse

Bigger Pockets

Think of public housing, and a familiar picture comes to mind: hulking, run-down brick tenement buildings, graffiti-strewn malfunctioning elevators, crime, drugs, and all the social ills that go with it.

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Zillow’s Daimler: Clear Cooperation a win for agents and consumers

Inman

Zillow President Susan Daimler spoke to Inman about supporting Clear Cooperation and what an industry without the rule could look like for real estate agents, consumers and portals.

Agents 176
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The Right Way to Do “Value-Add” Real Estate in 2024

Bigger Pockets

What’s the best way to build wealth in 2024? For many, it’s “value-add” real estate investing.

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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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What today’s buyers and sellers really want from agents

Inman

Unlock your potential in the latest Inman Access class, featuring insights from Zillow trendspotter Amanda Pendleton.

Agents 174
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Building Your Real Estate Investing Team Like an NFL Coach: The Key Traits for Success

Bigger Pockets

Learn how building a successful real estate investing team is like assembling an NFL team, with the right mix of talent, clear goals, and strong communication.

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You got this: 17 things every agent needs to hear in their career

Inman

Preparing for the roller coaster ride of a real estate career? Rachael Hite offers new agents the advice she wishes she'd gotten when she was just starting out.

Agents 169
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8 Reasons Why REITs Are More Rewarding Than Rentals

Bigger Pockets

I wrote an article explaining why I am investing in real estate investment trusts (REITs) instead of rental properties.

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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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The cost to save NYC’s birds from the threat of windows? 50% more

Inman

This new legislation, introduced by council members Tiffany Cabán and Shaun Abreu, aims to address the risks posed by older buildings that were not covered by Local Law 15 and prevent bird collisions, which account for the death of approximately 250,000 birds in NYC annually.

Design 167
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Self-employed brands now larger than biggest agents – claim

Estate Agent Today

Self-employed agents are rapidly building market share while online agents continue their decline, research suggests.

Branding 120
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Is kindness really contagious? A desert community seeks answers

Inman

Nestled in Hesperia, a city in California's San Bernardino County boasting around 100,000 residents, the development known as Silverwood isn’t merely adding 15,000 houses to the dry terrain — it aims to bring life and kindness to the desert,

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Luxury Zip Codes Continue to Thrive in 2024

RIS Media

Despite slowing growth in home prices throughout the year, luxury markets continue to thrive. In fact, almost 70% of luxury markets saw price increases from 2023, according to a new report from Property Shark. Property Shark’s new report looked at residential transactions and the home sale prices from Jan. 1 to Sept. 30, 2024 to… The post Luxury Zip Codes Continue to Thrive in 2024 appeared first on RISMedia.

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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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Repealing Clear Cooperation invites catastrophic legal battles

Inman

The repeal of Clear Cooperation, eXp Realty CEO Leo Pareja writes, could cause incalculable financial damage to the industry and erode the public’s trust in real estate professionals.

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‘Make the Contract Understandable:’ Real Estate Pros Reacts to Law Professor’s Buyer Agreement

RIS Media

Over the past few months, Tanya Monestier, a University at Buffalo law professor who also describes herself as a consumer advocate, has written some scathing commentaries and critiques of industry practices—specifically focused on new buyer agreements that have been crafted or updated to satisfy the National Association of REALTORS®’ (NAR) settlement mandate.

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Mortgage product choice hits three-month high as Autumn Budget looms

Estate Agent Today

Mortgage product choice overall has increased month-on-month for the first time since July 2024, Moneyfacts data suggests.

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COURT REPORT: NAR Fulfills Supreme Court Promise; Buyer Cases Partially Paused

RIS Media

Deadlines in some of the biggest cases affecting real estate are fast approaching, with final settlement hearings for half a dozen big brokerages scheduled for Halloween, and the last date for the Department of Justice to intervene in the National Association of REALTORS®’ (NAR) deal only a few days before that. In the meantime, there… The post COURT REPORT: NAR Fulfills Supreme Court Promise; Buyer Cases Partially Paused appeared first on RISMedia.

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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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Chancellor should cut rather than raise property taxes in Autumn Budget – Winkworth

Estate Agent Today

Winkworth is calling for the Chancellor to avoid tax hikes in this month’s Budget and focus on incentives instead.

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Benchmark Realty Announces Value Awards at Annual Expo

RIS Media

Benchmark Realty, a member of the United Real Estate family of companies, announced the company held its annual Benchmark EXPO on October 4, 2024, drawing more than 425 attendees from the Greater Nashville, Southern Kentucky and Middle Tennessee real estate communities. The company said this year’s EXPO marked a significant milestone with the introduction of… The post Benchmark Realty Announces Value Awards at Annual Expo appeared first on RISMedia.

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Phil Spencer launches first-time buyer-focused YouTube channel

Estate Agent Today

TV property presenter Phil Spencer has launched a new YouTube channel with his Move iQ brand.

Branding 109
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Thoughts on Leadership: Harnessing the Power of Planning and Dedication

RIS Media

In “Welcoming the Real Estate New Year,” we emphasized the significance of strategic planning as we embrace October as the start of our real estate New Year. Coupled with the insights from “The True Meaning of Hard Work in Today’s World,” we uncover how effective planning and relentless dedication can propel us toward our 2025… The post Thoughts on Leadership: Harnessing the Power of Planning and Dedication appeared first on RISMedia.

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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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Asset managers commit funds to ‘get Britain building’

Estate Agent Today

Three major fund managers have committed half a billion pounds to help boost home building.

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Federal Trade Commission Final Rule Cracks Down on AI-Generated Fake Reviews

RIS Media

In a move that’s sure to send shockwaves through the digital world, the Federal Trade Commission (FTC) has unveiled a new rule aimed at eradicating the scourge of fake reviews. This rule is crafted for consumers and honest businesses alike, who have long grappled with the deceptive practices tarnishing the reputation and credibility of online… The post Federal Trade Commission Final Rule Cracks Down on AI-Generated Fake Reviews appeared first on RISMedia.

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Introducing RPR’s Next Gen Reports: A New Way to Create Custom Real Estate Reports

Realtors Property Resource

RPR’s Next Gen Reports are live! Designed to streamline workflows and impress clients, REALTORS® can now build, customize, and reuse report templates easily. The post Introducing RPR’s Next Gen Reports: A New Way to Create Custom Real Estate Reports appeared first on Realtors Property Resource (RPR).

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Keeping Clients Close Is Key for Pennsylvania RE/MAX Team

RIS Media

Above, from left, Cahty Antonucci and Michael Antonucci As a corporate executive, Pennsylvania-born Michael Antonucci began investing in real estate with the help of a REALTOR® friend. As his fortunes grew, so did his interest in the industry–and in 2016, he decided it was time to get a real estate license of his own. Cathy… The post Keeping Clients Close Is Key for Pennsylvania RE/MAX Team appeared first on RISMedia.

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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.