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 264
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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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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 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 205
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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 178

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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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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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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 181
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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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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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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 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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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 165
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How to Calculate Rent On Any Property

Bigger Pockets

Knowing how to price your rental property has been an issue since the dawn of time (or whenever the first rental was).

Investor 131
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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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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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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 167
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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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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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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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French-inspired Chateau in one of Charlotte’s premier golf communities is like a “mini Biltmore”

Fancy Pants Homes

About 30 minutes south of downtown Charlotte, North Carolina, a palatial home with exclusive golf perks is up for grabs. Located within The Club at Longview, an exclusive private golf club in South Charlotte, the luxurious castle-like home offers stately exteriors, magnificent interiors (spanning close to 15,000 square feet), and access to The Club’s exclusive membership offerings — which include a Jack Nicklaus Signature golf course, among others.

Design 98
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Park Slope Neo-Grec With Mantels, Built-ins, Art Studio Asks $4.195 Million

Brownstoner

Filled with period detail, this Park Slope Neo-Grec is on the market for the first time in decades. In addition to moldings, mantels, and built-ins, it features a top floor artist's studio. The late painter Lennart Anderson purchased the brownstone at 877 Union Street in the 1960s, and it hasn't… Read More > The post Park Slope Neo-Grec With Mantels, Built-ins, Art Studio Asks $4.195 Million appeared first on Brownstoner.

Marketing 102
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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.

Brokerage 115
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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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Inventory Watch

BubbleInfo

You could say that the market has extended some of the summer momentum – the counts above are similar to what they were in June! How can that be explained? Anyone who is spending five-figures every month on their business is paying attention to every detail. Don’t listen to Aunt Bea the Agent whose box […] The post Inventory Watch first appeared on bubbleinfo.com.

Agents 95
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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 117
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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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10 Steps to Create a Zillow Agent Profile (+ Pro Tips)

The Close

A solid online presence is crucial in today’s real estate scene. It’s even more important to ensure your online presence is visible. Real estate agents will benefit big time by creating a Zillow agent profile. This profile boosts your brand, attracts new leads, and gains exposure for your listings and business. Let’s walk through how to create an optimized profile that includes your headshot and contact info and showcases your background, professional experience, and areas of e

Agents 88
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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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‘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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Daily Links: Two Trees Preps to Put Up Last Domino Apartment Tower

Brownstoner

In the News 50 Years of Broccoli: A Co-op Co-Founder Calls It Quits [NYT] Personalizing a Rental Isn’t as Crazy as You Might Think [NYT] Fire at Newly Renovated Home in Carroll Gardens [Eagle] Brooklyn Children’s Museum Marks Indigenous Peoples’ Day [BP] 'Burg-Based Urban Farmers Look for New Home [Gothamist] Brooklyn's Columbus Day Parade Marches in… Read More > The post Daily Links: Two Trees Preps to Put Up Last Domino Apartment Tower appeared first on Brownstoner.

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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.

Mortgages 111
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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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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.