RIS Media

FEBRUARY 5, 2024

Selling a listing requires careful planning and execution. In today’s competitive real estate market, making a positive first impression is more crucial than ever. One effective strategy to enhance a property’s appeal and facilitate a quicker sale is through the art of home staging. In fact, 97% of agents surveyed said they believe home staging… The post Staging Plays Crucial Role in Accelerating House Sales appeared first on RISMedia.

Staging 119

Staging Sales Agents Marketing 119

Housing Wire

FEBRUARY 5, 2024

Freddie Mac will offer a $2,500 credit for very low-income purchase borrowers to help with down payment and closing costs amid elevated interest rates and low housing supply. Effective March 1, the credit will be available for homebuyers earning 50% of area median income (AMI) or less through Freddie Mac’s Home Possible and Housing Finance Agency (HFA) Advantage mortgage products.

Mortgages 525

Mortgages Closing costs Finance Loans 525

Keeping Current Matters

FEBRUARY 5, 2024

Finding the right home is one of the biggest challenges for potential buyers today.

New Construction 349

New Construction Construction Agents 349

Housing Wire

FEBRUARY 5, 2024

The 30-year fixed mortgage rate surpassed the 7% mark on Monday on the heels of strong economic data and the Federal Reserve signaling that it will move carefully with any future cuts to interest rates. The 30-year conforming fixed mortgage rate was at 7.04% on Mortgage News Daily and 6.91% on HousingWire’s Mortgage Rate Center. It’s the first time since December that the average 30-year fixed rate has eclipsed 7%.

Mortgages 492

Mortgages Investor Banks As-is 492

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.

Industrial

Real Estate News

FEBRUARY 5, 2024

This marks the third straight month with a drop, but the association’s chief economist said membership is “holding on much better than market dynamics suggest.

Marketing 249

Marketing 249

Housing Wire

FEBRUARY 5, 2024

Recent market trends — including an improvement in mortgage rates, housing affordability and potential refinance opportunities — suggest positive signs for the real estate market this year, according to February’s Mortgage Monitor report from Intercontinental Exchange (ICE). Mortgage rates held at 6.71% as of Jan. 24, down more than a full percentage point since their peak in October, the report noted.

Debt-to-income ratio 482

Debt-to-income ratio Marketing Equity Loans 482

Housing Wire

FEBRUARY 5, 2024

Mortgage rates are back up over 7% this morning on the back of strong economic growth data. When the economy and job growth are stronger than expected, the bond market assumes that fewer rate cuts are coming. The 10-year bond yield jumped back over 4% and that pushes mortgage rates higher too. Mortgage rates are 40 basis points higher than a month ago, and 100 basis points higher than a year ago.

Mortgages 467

Mortgages Sales Marketing As-is 467

Real Estate News

FEBRUARY 5, 2024

The remaining brokerage defendant asserts that Sitzer/Burnett should have gone to arbitration rather than trial.

Brokerage 239

Brokerage 239

Housing Wire

FEBRUARY 5, 2024

Last year was largely a good one for the nation’s homebuilders, which were able to offer rate buydowns to attract more clients while maintaining double-digit profit margins. Additionally, the competition from existing home sellers was somewhat absent. An estimated 668,000 new homes were sold in 2023, 4.2% more than the figure of 641,000 in 2022, according to the U.S.

New Construction 462

New Construction Construction Development Mortgages 462

Inman

FEBRUARY 5, 2024

In the ongoing tug-of-war for top agents, Corcoran Group has wrestled back eight boomerang agents from Compass and recruited an additional eight agents from Compass to the New York City-based brand.

Agents 189

Agents Branding Brokerage 189

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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.

Brokerage

Housing Wire

FEBRUARY 5, 2024

Commission lawsuit defendant HomeServices of America is asking the U.S. Supreme Court to hear its argument that the Eight Circuit wrongly rejected arbitration agreements with unnamed class members in the Sitzer/Burnett commission lawsuit. In late October 2023, a Missouri jury found HomeServices of America, as well as Keller Williams and the National Association of Realtors , liable for colluding to artificially inflate real estate agent commissions.

Brokerage 433

Brokerage As-is Agents Finance 433

Inman

FEBRUARY 5, 2024

The franchisor filed a petition to the Supreme Court on Friday requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients.

Brokerage 189

Brokerage Agents 189

Housing Wire

FEBRUARY 5, 2024

Veteran mortgage executive James Seely has sued Guild Mortgage for allegedly failing to pay $750,000 in compensation after terminating his employment for cause by “manufacturing out of whole cloth spurious claims of Mr. Seely not working full time,” according to a recently filed lawsuit. “While we do not comment on pending litigation, Guild’s long-standing reputation for doing what’s right is built from our core values of integrity and respect, and we are committed to those values with every emp

Loan Officer 442

Loan Officer Residential Mortgages Loans 442

Inman

FEBRUARY 5, 2024

In his latest Snapshot profile, Brandon Doyle talks to the Revive Real Estate CEO about how his path was influenced by his medical background, bringing a unique analytical perspective to his business approach.

Technology 179

Technology Brokerage Agents 179

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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.

Agents

Housing Wire

FEBRUARY 5, 2024

Proptech company RealReports , formerly known as BHR , has successfully secured $2 million in seed funding. TTV Capital , Moderne Ventures , Erez Capital and other venture capital firms led the round of investment. With this capital infusion, the company aims to accelerate its product development, grow its team and pursue market penetration with real estate brokerages, MLS associations and other proptech companies nationwide.

MLS 444

MLS Brokerage Investor Development 444

Inman

FEBRUARY 5, 2024

Listings remain the name of the game, and agents who have the systems and skills in place to list properties and create client relationships will win, author and coach Darryl Davis writes.

Agents 174

Agents Sales Brokerage Marketing 174

Housing Wire

FEBRUARY 5, 2024

Dallas-based OneTrust Home Loans brought on James Hecht as its CEO to spearhead the company’s various mortgage lending divisions. As a result, co-founders Josh Erskine and Shane Erskine will be pivoting to the roles of CEO and president at Warp Speed Holdings , respectively. In a statement, Hecht expressed his enthusiasm about joining OneTrust Home Loans.

Loans 436

Loans Lending Construction Banks 436

Inman

FEBRUARY 5, 2024

Investor sales in Manhattan had their worst year in the past decade during 2023, if 2020 is excluded, according to a report from Ariel Property Advisors.

Sales 181

Sales Investor Agents Marketing 181

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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.

Agents

Housing Wire

FEBRUARY 5, 2024

By 2034, an estimated one in five residents of the state of California will be age 65 or older. While this won’t lead to a “silver tsunami” when it comes to a flood of housing inventory, the impacts of an aging population are difficult to ignore. These shifting dynamics are causing the California state government to work to ensure that certain issues that can stem from such a demographic development — particularly for health care, housing and social services — are addressed in a comprehensive st

Development 431

Development Equity Design Mortgages 431

Inman

FEBRUARY 5, 2024

From Chisum Realty Group in New Mexico to Denovo Realty in Florida, the invitation-only business network added 14 U.S. companies to its roster in addition to nearly two dozen from across the globe.

Technology 171

Technology Brokerage Agents 171

Housing Wire

FEBRUARY 5, 2024

In my previous article , we discussed the importance of re-evaluating reverse mortgage marketing to “seniors” by dividing the current demographic into two groups: members of the post-World War II generation and baby boomers. This understanding informs our approach to marketing and sales, ensuring that we see and hear our customers fully. In turn, this allows us to forge stronger, more meaningful connections and provide solutions that truly resonate with their needs.

Mortgages 413

Mortgages As-is Industrial Title 413

Inman

FEBRUARY 5, 2024

In January, the real estate market saw a 17.5 percent decline in net new listings and a 2 percent decrease in contract signings, driven by mortgage rate fluctuations, according to HouseCanary. Despite a rise in total inventory compared to 2022 and 2023, the market is still behind historical inventory averages as sellers avoid entering a higher rate environment.

Mortgages 167

Mortgages Marketing As-is Sales 167

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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.

Sales

Housing Wire

FEBRUARY 5, 2024

One of the passions that has spanned my career in its entirety is creating exceptional experiences — for agents and their clients, our brokerage staff and anyone who interacts with our brand. At The Agency , where I serve as president, one of our core values is ensuring quality at every touchpoint — in our marketing , technology, services, events and beyond.

Agents 323

Agents Branding Technology Brokerage 323

Inman

FEBRUARY 5, 2024

In the history of Park City real estate — a market known as a premier recreation and mountain resort destination — half of the highest-priced luxury home sales have been closed by a single team.

Closing 165

Closing Sales Marketing 165

RIS Media

FEBRUARY 5, 2024

Buying a house is one of the most significant financial decisions ever. Finding the right real estate agent to guide you through the process is crucial. There are many excellent reasons to have a buyer’s agent. Whether you’re a first-time homebuyer or a seasoned investor, interviewing a REALTOR® effectively can make all the difference in… The post Questions to Ask a Real Estate Agent When Buying a House: A Comprehensive Guide appeared first on RISMedia.

Agents 143

Agents Investor Industrial 143

Inman

FEBRUARY 5, 2024

As we start a new year, brokers are thinking through how to adapt, adjust and grow their teams. And more important than growth for the sake of growth is making sure that every new real estate professional is adding the greatest value to your business – and this goes beyond commission numbers.

As-is 158

As-is 158

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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.

Brokerage

Bigger Pockets

FEBRUARY 5, 2024

The U.S. as a whole only grew by about 1% last year, but other markets saw huge gains and massive losses. From New York City to Jackson, Mississippi, we analyzed the 100 largest metros in the nation and measured their home price growth from 2022 to 2023.

Marketing 131

Marketing 131

Inman

FEBRUARY 5, 2024

The company is appealing a recent ruling that rejected its request for a new trial. REX has been feuding with Zillow for years now.

MLS 190

MLS Technology Brokerage 190

Realty Biz

FEBRUARY 5, 2024

The real estate market is a complex and dynamic arena where various factors interplay to determine home values. Understanding these factors is crucial for homeowners, investors, and industry professionals to make informed decisions. A myriad of components influences market trends in real estate. Some include but are not limited to supply and demand dynamics, interest rates, and broader economic indicators.

Investor 130

Investor Technology Mortgages Agents 130

Inman

FEBRUARY 5, 2024

Winter is always slow, but new listings have been trending toward normal levels in recent months, according to a new Intel analysis of US homes for sale. Lower rates may only speed up the process.

Sales 158

Sales Brokerage Agents Marketing 158

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.

Agents