Mon.Mar 25, 2024

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Where are home prices headed this spring?

Housing Wire

Last week was a pretty strong week for all the housing numbers. New supply and sales numbers keep climbing — both weekly and over last year. Home prices had a slight increase this week across the board. What does this means for home prices this spring? As the data comes in each week this year, I’ve been more optimistic about home sales volume growth than for home-price growth.

Mortgages 511
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What Every Homebuyer Should Know About Closing Costs

Keeping Current Matters

Before making the decision to buy a home, it's important to plan for all the costs you’ll be responsible for.

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VA should expedite regulatory changes for agent commissions: CHLA

Housing Wire

On the heels of the $418 million settlement recently announced by the National Association of Realtors (NAR), mortgage trade group Community Home Lenders of America (CHLA) has called on the U.S. Department of Veteran Affairs (VA) to expedite regulatory change that would allow veterans and active-duty service members to fund buyer’s broker commissions when purchasing a home with a VA mortgage.

Agents 468
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KW hit with $250M lawsuit over profit sharing reductions

Real Estate News

The class action case, brought by a former Keller Williams agent, argues that the brokerage doesn’t have the right to retroactively alter the program.

Brokerage 287
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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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HighTechLending adds Brian Boccia as key reverse mortgage specialist

Housing Wire

California-based multichannel mortgage lender HighTechLending appointed reverse mortgage industry veteran Brian Boccia to serve as a senior account executive in its third-party origination (TPO) channel. He joins the company after prior experience at companies like Mutual of Omaha Mortgage and Reverse Mortgage Funding (RMF). Aiming to keep in mind the financial difficulties that seniors may be facing, Boccia expressed a commitment to the reverse mortgage space and a need to understand senior pai

Mortgages 459
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KW leaders send message of calm at Open House

Real Estate News

Nothing is changing yet, and when change does come, it won’t eliminate buyer agents or cooperative compensation. ‘‘No one can force you to work for free.

Agents 261

More Trending

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Top tips to take some of the bite out of taxes

Real Estate News

Tax time can be confusing for agents, but tracking mileage, making quarterly payments and hiring an accountant can pay off. A veteran CPA explains.

Agents 243
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State Farm will not renew more than 70K property policies in California

Housing Wire

Illinois-based State Farm General Insurance will not renew 30,000 residential property insurance policies in California , as well as 42,000 commercial apartment policies in the state, the company announced last week. The company is withdrawing completely from offering commercial apartment policies — which impact multifamily property owners, not renters insurance policies — in California.

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Let’s debunk 7 mainstream media falsehoods, post-NAR settlement

Inman

Premier Sotheby’s International Realty President and CEO Budge Huskey corrects the record on commissions — and the potential impact of the NAR settlement on buyers, sellers and agents.

Agents 200
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‘Don’t panic:’ KW executives address agent questions on NAR commission settlement

Housing Wire

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. “ Don’t panic. Remain calm, trust that you are in the right place and go sell real estate,” Wendi Harrelson, the president of Keller Williams Realty International -owned regions, said during the presentation on Monday.

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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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New home sales cool, but still up nearly 6% annually

Real Estate News

The inventory of new homes remains elevated, helping offset the low levels of available existing homes.

Sales 234
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HomeServices, Hanna Holdings lead 2024 RealTrends Verified Core Services list

Housing Wire

Today’s brokerage firms must rely on core services to make up for the low margins of the residential real estate practice. As part of the brokerage rankings, RealTrends collects the number of affiliated service transactions a firm does. These numbers, part of RealTrends Verified , are submitted by the firm but not subject to our verification system.

Brokerage 455
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Moehrl attorney: Market shift after NAR settlement ‘will take time’

Inman

Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses "misconceptions" about the NAR deal's impact and says Realtors who try to ignore the changes "will get left behind.

Marketing 203
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New-home sales dip slightly in February

Housing Wire

New-home sales receded slightly in February but continued to track above last year’s pace, reaching a seasonally adjusted annual rate of 662,000 last month, according to data published Monday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development ( HUD ). While this figure represents a 0.3% decrease from the revised January rate of 664,000 sales, it also marks a 5.9% rise from the February 2023 pace of 625,000 units sold.

Sales 460
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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 insights real estate professionals need this spring selling season

Inman

Coldwell Banker's recent survey reveals key insights into homebuyer and seller attitudes, offering guidance for real estate professionals.

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Escalating insurance costs deepen housing affordability crunch: Freddie Mac

Housing Wire

Fueled by a surge in mortgage rates , owning a home has become increasingly expensive. According to a Freddie Ma c housing and mortgage market report released Monday, while mortgage payments remain the primary pressure point for homeowners, insurance costs are emerging as a growing burden. Homeowners insurance costs, though still much smaller than mortgage principal and interest payments, are on the rise.

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A man is the face of SERHANT., but the firm is powered by women

Inman

You probably know Ryan Serhant and Josh Team pretty well, but how about the firm's female leaders who are helping to drive it to success?

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These LOs are TikTok sensations. They call a potential ban “unfortunate”

Housing Wire

It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation , says he isn’t worried about a potential U.S. ban of the short-form video app. Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. The following year, the Maryland-based lender created an Influencer Division, appointing Betley as vice president and co-creator.

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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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DOJ launches criminal probe into RealPage amid rent-fixing scandal

Inman

The DOJ opened its investigation into the property management software firm as well as several multifamily building operators who authorities believe collaborated in a "price-fixing combination.

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HousingWire journalist wins prestigious data journalism award 

Housing Wire

The Society for Advancing Business Editing and Writing (SABEW) announced the winners of the 2023 Best in Business Awards , honoring excellence in business journalism from 2023. HousingWire journalist Will Robinson won the Data Journalism category for his data reporting series on the seismic changes in the real estate industry. The series was published on HousingWire.com and the DataDigest newsletter, which was launched in 2023 in partnership with CoreLogic.

Staging 431
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NYC’s ‘worst landlord’ attacked first day of 2-month Rikers sentence

Inman

New York City's worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations.

Marketing 181
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What Are the Benefits of a Modular Home?

RIS Media

Built in sections at a factory and assembled on-site, modular homes offer a unique blend of efficiency and customization. Their popularity stems from their ability to provide affordable, durable and sustainable housing options. We will examine the various benefits of modular homes and highlight why they are becoming a preferred choice for many. If you… The post What Are the Benefits of a Modular Home?

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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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Squatting is having a moment. Ignore it

Inman

A few high-profile squatting cases have gone viral in recent days, but no available data actually indicates the practice of unlawfully occupying property has become more frequent.

Agents 176
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Property Taxes: Complete FAQ

Bigger Pockets

It’s common to have questions about your property taxes, but one is more important than all the others combined: Why did my property taxes increase. There’s no individual answer to this question, as it can depend on a variety of factors. Here are 19 frequently asked questions (FAQs) to help you understand property taxes as a whole, and with that, determine why your taxes have increased.

As-is 130
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New-home sales fall abruptly in February for first time in 3 months

Inman

Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the U.S. Census Bureau.

Sales 172
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Extensive Construction in Gowanus Forecasts a Very Different Neighborhood Ahead

Brownstoner

Gowanus, an industrial and low-lying neighborhood, has been undergoing a sudden and sweeping transformation over the past year and a half. Swathes of low slung 19th and early 20th century brick industrial buildings have been demolished. In their place, ubiquitous on many blocks, are active construction sites ringed by green… Read More > The post Extensive Construction in Gowanus Forecasts a Very Different Neighborhood Ahead appeared first on Brownstoner.

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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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How agents can thrive through the power of kindness and mindfulness

Inman

Agent Aaron Hendon shares insights about how mindfulness and kindness can have significant impacts on your business and personal health.

Agents 187
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Independent MLS Leads Needed Industry Change: Borderless, Innovation, Ownership

RIS Media

On a mission to move the MLS industry forward and put the power back in the hands of brokers, REsides is riding the wave of momentum that was set in motion with the launch of its revolutionary equity-ownership model for members. Introduced in 2021, the MLS model is pioneering new ground for the real estate… The post Independent MLS Leads Needed Industry Change: Borderless, Innovation, Ownership appeared first on RISMedia.

MLS 124
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Lesson Learned: You’ve gotta put the pedal to the metal

Inman

Learn how this New York City agent and vintage car enthusiast moved to the U.S. on her own at 17 and, through hard work and determination, built a life and a real estate career to be proud of.

Agents 149
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Are Vacant Offices the Next Big Opportunity for Residential Investors?

Bigger Pockets

Are empty city office buildings going the same way as zombie shopping malls, or can they be revitalized to become residential apartments and condos?

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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.