Mon.Dec 18, 2023

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Top 11 reasons homeowners should sell during the holidays

Inman

Don't let sellers put off listing until 2024. Coach Darryl Davis says it's time to share the good news about hitting the market during the holiday season.

Marketing 192
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Builders cheer up as mortgage rates fall

Housing Wire

A decline in mortgage rates since November helped end four months of declines in builder confidence. Recent economic readings suggest improving housing conditions in 2024. Builder confidence gained three points to 37 in December, the first monthly increase since July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Mortgages 497
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Why Now Is Still a Great Time To Sell Your House

Keeping Current Matters

If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there.

Mortgages 335
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NAR president vows to continue to fight commission lawsuits

Housing Wire

In her first national interview since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, National Association of Realtors (NAR) president Tracy Kaspe r said the trade group would continue to advocate for what it feels is best for consumers. “We will continue to fight,” Kasper told Kelly Evans of CNBC’s The Exchange last Thursday.

MLS 484
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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 happens with mortgages if there’s a recession?

Real Estate News

Even if the hoped-for economic “soft landing” isn’t so soft, don’t expect to see a wave of short sales and foreclosures next year.

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How new FCC rules closing the ‘lead gen loophole’ could impact mortgage professionals

Housing Wire

The Federal Communications Commission (FCC) last week released a new order amending its “express consent” rules for the Telephone Consumer Protection Act (TCPA), which closes the “lead generator loophole” used by mortgage professionals to connect with potential business leads. The loophole allowed those gathering leads to sell to many entities at once, who would then often reach out to that consumer to get their business.

Closing 456

More Trending

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Housing groups jointly sign letter urging full funding for FHA, Ginnie Mae

Housing Wire

A coalition of seven housing interest groups including the Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), the National Association of Realtors (NAR) and the National Reverse Mortgage Lenders Association (NRMLA) have co-signed a letter urging the full funding of both the Federal Housing Administration (FHA) and Ginnie Mae.

Mortgages 454
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Trends 2024: 6 things brokerage leaders should do as buy-side shifts loom

Real Estate News

As lawsuits over agent compensation multiply, it’s important for leaders to assess agreements, training and how buyer agency adds value to their business.

Brokerage 212
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Leaders in luxury: Mayi and Daniel de la Vega

Inman

How one family turned their brokerage into a beacon of innovation and excellence. Mother-son team Mayi and Daniel de la Vega have led ONE Sotheby’s International Realty to emerge as the definitive luxury leader representing Florida’s East Coast.

Brokerage 200
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Immigrant Share in Construction Highest on Record

Eye on Housing

After years of being unable to ratchet up the number of new workers coming from outside the U.S. to help with persistent labor shortages, the construction industry reversed this trend and managed to attract over 90,000 new immigrant workers, levels unseen since the housing boom of 2005-2006.

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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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Bret Calltharp: The maestro behind real estate success stories

Inman

In the latest in his Snapshot series, team leader Brandon Doyle talks to Bret Calltharp, director of agent engagement at MoxiWorks, about helping others reach success beyond what they thought they could achieve.

Agents 174
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Molbak’s to close due to Woodinville redevelopment’s collapse, family says

Seattle Times Real Estate

Molbak’s Garden + Home is working out details of its closure after 67 years, according to its CEO, who says "there are no financially viable options" to move forward.

Closing 131
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MLS Reinvented: A manifesto for the Industry

Inman

Join the conversation about the future of the MLS at Inman Connect New York in January, where we’ll be discussing this manifesto, and much more.

MLS 183
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Builder Sentiment Rises on Falling Interest Rates

Eye on Housing

Falling mortgage rates helped end a four-month decline in builder confidence, and recent economic data signal improving housing conditions heading into 2024. Builder confidence in the market for newly built single-family homes rose three points to 37 in December, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Mortgages 124
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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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Builder sentiment improves on heels of falling mortgage rates

Inman

Builder confidence in the market for single-family homes rose three points to a score of 37 during December, the first monthly improvement since August.

Mortgages 175
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What Is the Difference Between an Expired and Withdrawn Listing?

RIS Media

In the dynamic realm of real estate, where properties are constantly entering and exiting the market, buyers and sellers must comprehend the subtleties between different listing statuses. Two commonly encountered terms in the real estate lexicon are “expired listings” and “withdrawn listings.” You will learn the nuances that distinguish these two terms.

Marketing 132
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Sellers say Compass agent flooded their home, then ghosted them

Inman

Aaron Schwid and Youngkey Chung trusted Compass agent Matt Isbell with the sale of their home, in part because he had appeared on "Million Dollar Listing." But evidence shows his actions may have set off the home's sprinklers and flooded it while the couple was away.

Agents 155
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What is a Mortgage Broker?

Bigger Pockets

Before a soon-to-be homeowner takes out a mortgage, they should understand what a mortgage broker is, the benefits of using one, and how to choose the best broker. This guide can help borrowers decide if using a mortgage broker is the right decision.

Mortgages 119
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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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Top 20 things Realtors really want for Christmas in 2023

Inman

Forget Cross pens and Starbucks gift cards. According to mega-team leader Carl Medford, here's what's really on the wishlist of every real estate pro right now.

Brokerage 147
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Curb Appeal on a Budget: Look Like a Million Bucks for Less than $50

HomeLight

Curb appeal is something 92% of Realtors recommend improving before putting your home up for sale. Your home’s curb appeal is the first thing potential buyers see when they pull up to the house, and a bad first impression can significantly hurt your chances of landing a sale. Here are 11 ways to spruce up your home’s curb appeal on a budget. 1. Buy a new doormat Invest in a new doormat.

Land 116
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Opendoor Founder Eric Wu Departs Company

RIS Media

Opendoor, the largest iBuyer by most metrics, announced that founder Eric Wu would be departing the company effective Jan. 1, almost exactly a year after he relinquished his CEO responsibilities. “We’ve built something impactful that’s helped over 250,000 people move with simplicity and certainty,” said Opendoor CEO Carrie Wheeler in a statement. “I want to… The post Opendoor Founder Eric Wu Departs Company appeared first on RISMedia.

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Embracing Gen Z Renters Is the Next Big Opportunity for Investors

Bigger Pockets

The demographics of renters are changing fast. Here's what the next generation is looking for, and how investors can capitalize.

Investor 131
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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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Builder Confidence Rises Amidst Positive Economic Signs

RIS Media

As mortgage rates continue to put pressure on the housing market, homebuilder confidence rose in December, according to new data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) found that builder confidence grew three points to 37 in December, following a six point drop in November when readings… The post Builder Confidence Rises Amidst Positive Economic Signs appeared first on RISMedia.

Mortgages 124
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How to Use Public Data to Find Real Estate Deals That 99% of Investors Miss

Bigger Pockets

Do you lean into data when analyzing real estate deals? In a competitive market, ANY kind of advantage goes a long way towards helping you land better deals.

Investor 118
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Century 21 Recruits New Georgia Affiliate

RIS Media

Century 21 Real Estate LLC. has announced Central Georgia-based company Nuway Realty has affiliated with the brand. Based in Newnan, Nuway Realty will complement the CENTURY 21® brand’s existing presence in the Peach State by offering their service to residents of greater Coweta, Fayette, Douglas, Henry, Meriwether and Troup counties. Originally established in 2009, the… The post Century 21 Recruits New Georgia Affiliate appeared first on RISMedia.

Branding 111
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Brooklyn Heights One-Bedroom With Mantels, Terrace, Built-ins Asks $1.15 Million

Brownstoner

It certainly is pricey, but this one-bedroom in a lavish 1880s Brooklyn Heights dwelling has some appealing details like high ceilings, mantels, built-ins, and a private terrace. Within the Brooklyn Heights Historic District, the 25-foot-wide brick manse was home to Alfred Tredway White and Annie J. White and their descendants… Read More > The post Brooklyn Heights One-Bedroom With Mantels, Terrace, Built-ins Asks $1.15 Million appeared first on Brownstoner.

Marketing 110
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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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Anywhere Earns ‘Great Place to Work’ Certification Once More

RIS Media

Anywhere Real Estate Inc. has announced its recognition as a Certified™ Great Place to Work® for the sixth consecutive year. The award is based on direct responses from more than 1,700 current employees through an anonymous survey. As a result, 84% of Anywhere employees say it is a great place to work, up from last… The post Anywhere Earns ‘Great Place to Work’ Certification Once More appeared first on RISMedia.

As-is 111
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The Housing Market Could Get Ugly or Surge—These Investors Say It’s Somewhere in Between

Bigger Pockets

What will the housing market look like for real estate investors in 2024? Will the much-predicted recession finally hit the U.S. economy?

Investor 125
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COURT REPORT: eXp Faces More Assault Claims; Keller Williams Case Reassigned

RIS Media

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. With just a week to go before Christmas, real estate litigation across the country continues to plow forward, with no sign of a seasonal break from a barrage of new commission lawsuits. At… The post COURT REPORT: eXp Faces More Assault Claims; Keller Williams Case Reassigned appeared first on RISMedia.

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Affordable Housing Lottery Opens for Deeply Affordable Senior Apartments in Bushwick

Brownstoner

An affordable housing lottery has launched for 80 truly affordable apartments for seniors in an under-construction modular development at 223 Linden Street, the site of a former parking lot in Bushwick’s Hope Gardens complex. Available at the 13-story Linden Grove Senior Residences are 57 studio apartments and 23 one-bedrooms. They are… Read More > The post Affordable Housing Lottery Opens for Deeply Affordable Senior Apartments in Bushwick appeared first on Brownstoner.

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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.