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 178
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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 468
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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 347
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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 425
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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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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 402

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 377
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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 220
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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 198
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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 133
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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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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 180
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A Look Back at the Top Stories In 2023 That Shaped the Housing Market

Bigger Pockets

2023 provided an exciting mix of good news, ugly news, just plain bad news, and some so-so news.

Marketing 132
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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 160
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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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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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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 158
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How I Turned My Tiny Side Hustle into a Multi-Million Dollar Business

Bigger Pockets

How do you turn a TINY side hustle into a full-on income stream?

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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 138
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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 129
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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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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 130
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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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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 126
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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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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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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 125
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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 120
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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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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 113
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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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Multifamily Renter Sentiment Report Shows New Housing and Generational Trends

Realty Biz

Knightvest, a real estate investment and management company, has published its inaugural annual Multifamily Renter Sentiment Report findings. The survey offers insights into the decision between renting and buying, the consequences of high mortgage interest rates, and variations in rental preferences across different generations. Most renters (59%) choose to rent rather than feel forced to rent.

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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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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.

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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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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.