Housing Wire
JANUARY 29, 2024
2023 was the weirdest real estate market on record. We played mortgage rate ping-pong, had unprecedented low levels of inventory and still there were escalating prices. All this happened, but you survived it, so go you! Well done. Now it’s time to make this your year. Don’t just vow to “survive another one” — instead, commit to thriving and making this your best year ever.
Real Estate News
JANUARY 29, 2024
The largest firms are claiming an increasing number of sales, driven in part by fast-growing companies like Compass and eXp.
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Housing Wire
JANUARY 29, 2024
After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that if there isn’t significant supply growth and buyer demographics remain strong, home prices will rise once again.
Keeping Current Matters
JANUARY 29, 2024
Have you ever heard the term “Silver Tsunami” and wondered what it's all about?
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.
Housing Wire
JANUARY 29, 2024
When it comes to home staging, there are two homeowner camps: those who think it’s a waste of money and don’t want to pay more to make their home more attractive to buyers and those who realize the worth and are willing to make the investment needed. While most Realtors will die on the hill that staging should never be cut out of the home selling strategy, this year it’s even more important.
Real Estate News
JANUARY 29, 2024
The iBuyer has introduced two new tiers in its agent partnership program, which provide up to 4% in referral fees and access to more sell-side deals.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
JANUARY 29, 2024
The lawsuit known as Spring Way also has gained new plaintiffs and a new name: Kay. Spring Way LLC, which had used Coldwell Banker, is no longer involved.
Housing Wire
JANUARY 29, 2024
Last week, the National Association of Realtors released their December pending sales data. The headline was an impressive 8% jump over December of 2022. If you’ve been following along with the Altos data, you’ll know that home sales have been expanding for two months now. They obviously picked up in December when mortgage rates did a recent dip. We shared that sales growth data back in December as it was happening in the housing market.
Inman
JANUARY 29, 2024
A buyer with a monthly budget of $3,000 can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8 percent, according to Redfin.
Housing Wire
JANUARY 29, 2024
Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.
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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.
Inman
JANUARY 29, 2024
Real estate professionals and financial advisers can help individuals make informed decisions, writes investment expert Michael Conticelli, whether buying a home, pursuing alternative investments or building a real estate portfolio.
Housing Wire
JANUARY 29, 2024
Despite looking a bit different at the end of 2023, there were a lot of similarities in the full-year Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) issuance tables when compared to recent years. One thing that is much different compared to 2022, however, is total issuance. Here are the top 10 HMBS issuers in 2023 as tabulated by New View Advisors , based on publicly available Ginnie Mae data and private sources the firm has access to.
Inman
JANUARY 29, 2024
The former Keller Williams president took a roughly three-year sabbatical from the industry while going all-in on being a dad. Team wasn't sure he'd ever return to real estate — until he got to know Ryan Serhant.
Housing Wire
JANUARY 29, 2024
The National Reverse Mortgage Lenders Association (NRMLA) announced that it will return to the Western U.S. for its 2024 annual meeting, which will take place slightly earlier in the year than usual, according to a member alert. The 2024 NRMLA Annual Meeting and Expo will be held Sept. 24-26 at the Hard Rock Hotel in San Diego. The 2018 edition of the event was the last one to take place in San Diego, which was also the last edition of the event held on the West Coast.
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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.
Inman
JANUARY 29, 2024
A real estate team shouldn’t be made up of individuals just doing a bunch of separate jobs, writes development specialist Hana Cha. It should be an ace crew ready to tackle any challenge, any client, in any market.
Housing Wire
JANUARY 29, 2024
Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% by the end of this year. Most forecasts call for rates to bounce within the 6% to 7% range in 2024, marking the first annualized decline after three straight years of gains.
Inman
JANUARY 29, 2024
Trainer Bernice Ross talk with Kenya Burrell Van Wormer and Katherine Winston about their new initiative to transform the real estate and proptech industry by supporting “underrepresented, underestimated and underutilized” entrepreneurs.
Housing Wire
JANUARY 29, 2024
The U.S. Department of Housing and Urban Development (HUD) announced on Monday that it will distribute $3.16 billion in homelessness aid to communities across the country through its Continuum of Care program, which is designed to provide housing assistance and/or support services to people experiencing homelessness. HUD Secretary Marcia Fudge announced the award totals during a Monday appearance in Savannah, Georgia , with the Chatham-Savannah Interagency Council on Homelessness , an organizati
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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.
Inman
JANUARY 29, 2024
The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data.
Housing Wire
JANUARY 29, 2024
HousingWire recently spoke with Jonathan Willen, chief revenue officer at LERETA , about the upcoming escrow wave, the rising threat of cyber attacks on servicers and what trends he’s seeing in the industry this year. HousingWire: Servicing has always been a challenging business, but you believe that there are external forces at play that are about to raise the level of difficulty significantly, can you please explain?
Inman
JANUARY 29, 2024
The developer was once considered too big to fail, but it over-borrowed and was hurt by China's weakening property market.
Housing Wire
JANUARY 29, 2024
Homebuyers are getting some relief in 2024 as mortgage rates recede from their 20-year high point of last October. A homebuyer with a $3,000 monthly budget has gained nearly $40,000 in purchasing power since October, according to a new Redfin report. Indeed, with a 6.7% mortgage rate, the prospective buyer with a $3,000 budget can afford a $453,000 home.
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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.
Inman
JANUARY 29, 2024
In his latest Snapshot profile, Brandon Doyle finds out how Michael Alladawi is continuously redefining the real estate industry with innovative concepts and solutions.
Housing Wire
JANUARY 29, 2024
Ready to launch your real estate career in Utah? You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. We’ve researched the top Utah real estate schools to find the best online programs for your prelicensing education, with various options to fit every learning style and budget. Choosing right school and program will help you ace the Utah real estate exam and provide the foundation for success in your new career.
Inman
JANUARY 29, 2024
Mitchelson will work with the Corcoran Affiliate Network's sales team to lead strategic growth through the addition of new Corcoran affiliates.
Housing Wire
JANUARY 29, 2024
The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff. In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Kays join John and Nancy Moratis in the suit that was originally filed in early December 2023 in the U.S.
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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.
Inman
JANUARY 29, 2024
2024 will be all about listings. So, how will the winners rise to the top? The not-so-secret to success is automating the heavy lifting that needs to happen for agents to continually find and win listings.
RIS Media
JANUARY 29, 2024
Selling a home is a significant undertaking. Choosing the right listing agent can make a world of difference in the success of your real estate venture. It becomes exceptionally crucial for a first-time seller to know the importance. Finding the best listing agent involves careful consideration, research, and a thoughtful interview. You will learn strategies… The post How to Find The Best Listing Agent When Selling a House appeared first on RISMedia.
Inman
JANUARY 29, 2024
OpenAI's Adam Goldberg argued at Inman Connect New York that the most important skill for using AI effectively is "clarity of thought.
Bigger Pockets
JANUARY 29, 2024
College keeps getting more expensive. How will you pay for your kids' education? Real estate is a good choice. Here are two great ways to use your real estate investments to help.
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.
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