Wed.Nov 27, 2024

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Empathy in the face of foreclosure

Housing Wire

When I began working on this piece, I was told that the mortgage community as a whole—and loss mitigation professionals in particular—would be resistant to the message. But I don’t think that’s true. Because not only are we an industry that values the bottom line, we serve the spirit behind the American Dream of homeownership. If there is any segment of our economy that understands aspiration, it’s us.

Equity 397
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NAR’s next president: This industry is ‘worth fighting for’

Real Estate News

Kevin Brown, who will lead NAR in 2026, says he’s seen “the transformative power of homeownership” to move people out of poverty. “That’s why I do this.

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Jump in pending home sales foreshadows positive end to the market in 2024

Housing Wire

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% year over year and 2% compared to September. The 77.4 reading for the PHSI is the highest mark since March and the third highest dating back to December 2023.

Sales 370
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Control the Controllables If You’re Worried About Mortgage Rates

Keeping Current Matters

Chances are you’re hearing a lot about mortgage rates right now, and all you really want to hear is that they’re coming back down.

Mortgages 236
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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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Mortgage demand jumps 6.3% as rates level off

Housing Wire

Mortgage applications rose 6.3% on a seasonally adjusted basis during the week ending Nov. 22, driven by a 12% increase in demand for purchase loans, according to data released Wednesday by the Mortgage Bankers Association (MBA). It is the third straight weekly increase for applications — a good sign for mortgage lenders heading into the typically slow Thanksgiving holiday.

Mortgages 370
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Baird & Warner settles in buyer agent commissions suit

Real Estate News

The Chicago-area powerhouse filed its agreement in the Gibson/Umpa case on the same day that NAR and HomeServices finalized their settlements.

Agents 209

More Trending

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Something to be thankful for: Pending sales up, rates dip

Real Estate News

Buyers found a bit of relief last month, leading to more sales activity — but rising inflation is lurking heading into the holidays.

Sales 196
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Homebuyer interest surges on slight pullback in mortgage rates

Inman

Applications for purchase loans jumped 12 percent week over week and 52 percent from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association.

Mortgages 177
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Judge defends ‘fair’ settlements with NAR, HomeServices

Real Estate News

While class members “may not recover every dollar they paid to real estate agents, that is the nature of settlements,” Judge Bough wrote in his Nov. 27 order.

Agents 184
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Latest inflation data ups the odds of a December Fed rate cut

Inman

Progress in taming inflation slowed in October, but futures market investors think the latest numbers up the odds of another Federal Reserve rate cut next month.

Investor 165
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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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Top Reasons To Buy Atlanta Investment Properties in 2025

Marco Santarelli

Are you looking for a thriving city with a robust economy and a promising real estate market? If you're considering Atlanta investment properties in 2025 , you're making a smart choice. The region's strong economic foundation, diverse rental market, and numerous emerging neighborhoods are set to provide significant returns for savvy investors looking to build wealth and achieve long-term financial goals.

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As NAR settlement wins approval, Batton II commission lawsuit grows

Inman

Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson.

Brokerage 157
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Six Post Ideas for Thanksgiving

BAM Media

FIRST: Whatever you do, do NOT post or send a generic Happy Thanksgiving message. Nobody needs to see that RE/MAX branded turkey, and everyone already knows it’s Thanksgiving. Those posts don’t do anything for anyone. It’s not 2018 anymore, and a “post just to post” is not an effective strategy. View this post on Instagram A post shared by The Broke Agent | Real Estate Humor (@thebrokeagent) Okay, now we got that out of the way, here are five things you can post on Thanksgiving Day. 1.

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NAR’s commission settlement has been approved. But is it really over?

Inman

Not even a last-minute twist could stop this train, writes University at Buffalo law professor Tanya Monestier, who envisions a long road before the courts truly wash their hands of commissions.

MLS 153
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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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6 Buyer Negotiation Tactics When Buying a House: Should You Compromise?

HomeLight

Your agent just called with great news: A buyer has made an offer on your house! Exciting, right? But don’t pop the champagne just yet. The real dance begins now with negotiations. How you navigate this back-and-forth can make or break the sale. Understanding how far buyers can push when negotiating a house sale is key to keeping the upper hand. Price is just the tip of the iceberg.

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Pending home sales rise for 3rd month, driven by higher inventory

Inman

Driven by an improved housing inventory, pending home sales rose modestly in October, marking its third-consecutive monthly increase, according to data released on Wednesday by NAR.

Sales 152
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Pending Home Sales Up 2% in October; All 4 U.S. Regions Record Gains

RIS Media

Pending home sales ascended in October, the third consecutive month of increases, according to the National Association of REALTORS® (NAR). All four major U.S. regions experienced month-over-month gains in transactions, with the Northeast leading the way. Year-over-year, contract signings increased in all four U.S. regions, led by the West. The Pending Home Sales Index (PHSI),… The post Pending Home Sales Up 2% in October; All 4 U.S.

Sales 105
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What real estate agents can learn from the sale of a $6.2M banana

Inman

Value is not in the object itself, it’s in the perception, author and coach Darryl Davis writes. Your worth as an agent is defined by how you position yourself and your services (and it’s priceless).

Agents 151
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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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How to Find Cash Home Buyers in Virginia Beach for a Hassle-Free Home Sale

HomeLight

If you’re a homeowner in Virginia Beach considering selling your house quickly and without the stress of a traditional listing, connecting with a cash buyer could be your answer. Virginia Beach attracts many cash buyers, including property investors and relocation seekers seeking a convenient purchase. Virginia Beach’s housing market is cooling, with homes taking longer to sell.

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7 lessons learned from my move to the real estate profession

Inman

Find out how this California broker-owner went from corporate executive to real estate pro and what he learned along the journey.

Agents 150
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PHIL SPENCER: ROPA – We don’t have to wait to be regulated!

Estate Agent Today

Just when I thought property agent regulation was something of a lost cause, it’s suddenly back on the agenda. I’m aware that it’s a contentious issue within the industry but I have thrown my weight behind regulation for a variety of reasons.

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RentSpree releases ‘Homebuyer Insights’ tool for Florida Realtors

Inman

Designed to help agents unearth buyer leads from renter databases, RentSpree's new tool will now be available to the 6,000 members of Central Florida’s Space Coast Association of Realtors.

Design 148
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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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Rightmove: ‘The Stamp Duty rush has started’

Estate Agent Today

High-value areas are already experiencing a rush to beat the Stamp Duty deadline in April, research suggests.

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October new-home numbers down month over month: Economist

Inman

In this exclusive series on Inman, Windermere economist Jeff Tucker illuminates the latest stats, reports and numbers to know this week.

Agents 142
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NYC leads United States in spaces being converted into self storage: report

Brownstoner

New York City leads the United States in formerly industrial and retail spaces being converted into self storage over the last decade, according to a report by the self storage listing site Storage Cafe. In addition to having an abundance of industrial, commercial and office buildings that have outlived the companies… Read More > The post NYC leads United States in spaces being converted into self storage: report appeared first on Brownstoner.

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RE/MAX scores recruiting victories in Arizona, Indiana

Inman

A team in Tuscon will now become a franchise known as RE/MAX Horizon, while an ERA franchise in Indiana is rebranding to RE/MAX First Integrity.

As-is 139
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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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Home-buying affordability improves but mainly in the North – research

Estate Agent Today

Buying a home has become slightly more affordable relative to income, research suggests.

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No Debbie Downers here. 6 upbeat Thanksgiving ice-breakers

Inman

In the interest of keeping it light this Thanksgiving, trainer Rachael Hite came up with these six talkable topics for Turkey Day and three you might want to avoid. Womp! Womp!

Design 137
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How to Survive Thanksgiving as a Real Estate Agent: Your Guide to the Most Common Conversations

BAM Media

Thanksgiving is all about gratitude, food, and—inevitably—a few questions about your job. If you’re a real estate agent, the housing market is bound to come up. And by now, you know the kinds of questions you can expect, along with the general tone from each questioner, particularly those just looking for a way to stoke drama at the dinner table. Don’t worry—BAM’s got you covered with talking points that showcase your deep knowledge of the market.

Agents 111
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What real estate trend should never make a comeback? Pulse

Inman

Real estate is always changing, sometimes for the better and other times for the worse. What trends are you glad to see in the rearview mirror?

Agents 123
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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.