Mon.Dec 04, 2023

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6 keys to unlocking success in real estate

Housing Wire

I recently had the privilege of attending the AMPCon event hosted by the inspirational author and speaker René Rodriguez. We frequently talk about game-changing approaches, but I must say, this event was truly a game-changer in my real estate career. Rodriguez’s event left an indelible mark on my personal and professional growth. The event wasn’t just about real estate; it was about life, relationships and self-improvement.

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Experts Project Home Prices Will Rise over the Next 5 Years

Keeping Current Matters

Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future.

Marketing 351
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Promising signs abound for 2024 housing market

Housing Wire

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. It’s looking like we’ll end 2023 with higher housing inventory than this time last year.

Marketing 505
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Seattle-area brokerage quits NAR, on ‘right side of the story’

Real Estate News

Coldwell Banker Danforth broker/owner says he’s not against NAR, but that he wants agents to be able to decide for themselves if they join or not.

Brokerage 220
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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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Floify launches lending platform for mortgage brokers

Housing Wire

Digital mortgage automation solution provider Floify launched a lending platform for mortgage brokers built on the foundation of the Floify point-of-sale (POS) platform. Florfy Broker Edition is designed to provide an intuitive loan management portal for borrowers and make managing loans simpler at an accessible price point while boosting operational efficiency, the company said.

Lending 467
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Trends 2024: NAR is at a crossroads and must take bold steps

Real Estate News

The National Association of Realtors is at risk of becoming irrelevant — or worse. T3 Sixty industry consultants offer their take on how it must reshape itself.

More Trending

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The Golden State’s housing market could be a sure bet in 2024

Real Estate News

A new ranking of the top 10 cities for growth includes five Southern California metros that could see double-digit sales growth next year.

Marketing 213
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Impatient homebuyers are gradually accepting the reality of the housing market: BofA

Housing Wire

Prospective homebuyers are slowly growing less sensitive to home prices and high-interest rates, and fewer of them are willing to wait for a better market to buy a home. According to Bank of America ’s 2023 Homebuyer Insights report, only 62% of prospective homebuyers are willing to wait for home prices and/or rates to fall, down from 85% in June 2023.

Marketing 475
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3 tips for networking at non-real estate luxury events

Inman

When luxury real estate agents need to foster their referral networks and forge new professional relationships, industry events are fundamental. But what about when you want to connect with prospective clients?

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Seattle-based Coldwell Banker franchise to separate from NAR in 2024

Housing Wire

Coldwell Banker Danforth , a Seattle-based Coldwell Banker franchise, won’t renew its National Association of Realtors (NAR) affiliation at the beginning of 2024, the company announced on Friday. The announcement comes amid major turmoil at the trade organization. In recent months, NAR has been embroiled in a sexual harassment scandal as well as a series of ongoing commission lawsuits.

MLS 468
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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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Nikki Beauchamp leaves Engel & Völkers for Sotheby’s

Inman

After nearly a decade at Engel & Völkers, Beauchamp said that now was a good time for her to start a new chapter. She landed at Sotheby's largely because of how she believes her clients will be served by the brand's international network.

Land 190
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Freddie Mac announces standardized mortgage documents for DPA programs

Housing Wire

Freddie Mac rolled out standardized subordinate lien documents for subordinate mortgages offered by down payment assistance (DPA) providers to facilitate easier and greater use of DPA program. Historically, subordinate-lien documents for various DPA programs have been housing finance agency (HFA)-specific and worded differently, leaving room for confusion when interpreting terms and payment plans.

Mortgages 456
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Former Corcoran agent goes on racist rant after drunken encounter

Inman

The video of the New York City-based agent surfaced on Instagram over the weekend, showing him spouting racist terms and bragging about tearing out a Black man's dreadlocks.

Agents 182
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FirstHome IQ now has 60 ambassadors boosting financial literacy

Housing Wire

FirstHome IQ, a nonprofit focused on homeownership and financial literacy education, has expanded its ambassador program and now has 60 mortgage and real estate professionals who donate a portion of every loan to further this mission. The nonprofit, founded by industry leaders Kristin Messerli , Dave Savage and Todd Bookspan , launched the beta version of its ambassador program in September with 28 professionals.

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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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Sale of opulent manse in Brooklyn breaks neighborhood record

Inman

The off-market sale of the Brooklyn Society for Ethical Culture manse at 53 Prospect Park West for $13.5 million has set a new local record.

Sales 173
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How a strategic coalition is fighting homelessness in Dallas

Housing Wire

Housing Forward is leading the charge in the greater Dallas area against homelessness, a vexing problem that plagues many cities across the county, and in recent years the nonprofit has notched some significant victories in the effort. Still, the organization and the coalition of groups it leads face deep systemic challenges that continue to feed the pipeline of economic despair fueling the growth of homelessness in the Dallas area — and across the nation.

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How Much Does Replacing a Septic System Cost

RIS Media

Are you wondering about the cost of a septic system? The septic system, the hidden hero beneath our yards, quietly performs the vital task of managing household wastewater. However, when the time comes for a replacement, homeowners often wonder about the financial impact. You will learn the intricacies of the septic system replacement cost. We… The post How Much Does Replacing a Septic System Cost appeared first on RISMedia.

Design 134
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Top 5 Reasons to Apply for the 2024 HousingWire TECH100 Awards

Housing Wire

In an industry as dynamic as housing, innovation is the key to staying ahead of the curve. And for the companies that are eager to showcase their technological prowess and catapult their success, the HousingWire TECH100 Awards have become the industry’s most coveted award in housing tech that will do just that. Nominations for the 2024 Tech100 awards are open now through December 15th.

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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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Share of New Homes with Decks Under 18% Again

Eye on Housing

As discussed in Eye on Housing last year, builders have been including decks on fewer and fewer new homes recently. According to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC), well over 20% of all single-family homes started had decks from 2005 through 2018—as many as 27% in 2007 and 2008. After 2017, however, the share.

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What is Considered a Fixture When Selling a House?

HomeLight

A dining room chandelier — the crown jewel of your home — convinced potential buyers to write an offer because they fell in love with it. Hey, wait a minute! You’re only selling the house, not the chandelier, and don’t want to leave your treasured heirloom behind. But, if it’s considered a fixture when selling a house, the buyer could be correct in thinking your gem should glisten over their future family dinners.

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2024 Rental Market Outlook: Is a Shift Coming Next Year?

Bigger Pockets

The rental market came back to Earth this year, with growth decelerating and prices contracting in many markets. What will happen in 2024?

Marketing 132
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Realtor.com® 2024 Top Housing Markets

Realty Biz

Realtor.com® has pinpointed the U.S.'s local housing markets that show growth promise in its 2024 Top Housing Markets forecast. These markets will likely experience a notable increase in home sales and listing prices in the following year. The top 10 markets , listed in order, are Toledo, Ohio, Oxnard-Thousand Oaks-Ventura, Calif., Rochester, N.Y., San Diego-Chula Vista-Carlsbad, Calif., Riverside-San Bernardino-Ontario, Calif., Bakersfield, Calif., Springfield, Mass., Worcester, Mass.

Marketing 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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69 Doors from ONE Real Estate Deal Using Other People’s Money

Bigger Pockets

Taking down a $6.5 million real estate deal might seem like an unlikely feat for a rookie investor, but it’s not if you use other people’s money.

Investor 128
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Bridge Loans in North Carolina: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Selling your old home while buying a new one in North Carolina often presents a tricky balance of timing and funds. In a market where inventory is low and prices are high, synchronizing the sale of your current home with purchasing a new one adds an extra layer of complexity. You might think your only option is to sell, move out, and temporarily live elsewhere while searching for your next house.

Equity 111
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L Train Vintage Takes Over Hardware Store on Broadway as It Expands Presence in Bushwick

Brownstoner

L Train Vintage has added another outpost to its growing presence in Brooklyn, this time off the J train at the Gates Avenue stop on Broadway. The store, which opened in early October, has replaced the longstanding Broadway Krown Floor Covering Corp., better known as Krown Hardware, at 1325 Broadway. The… Read More > The post L Train Vintage Takes Over Hardware Store on Broadway as It Expands Presence in Bushwick appeared first on Brownstoner.

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COURT REPORT: DOJ Antitrust Appeal Moves Forward; Keller Williams Sued By Ex-CEO

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. The last couple weeks were anything but quiet in the courtroom, with some major developments in several important cases. With 2024 fast approaching, we learned that another major commission case could be tried… The post COURT REPORT: DOJ Antitrust Appeal Moves Forward; Keller Williams Sued By Ex-CEO 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.

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Top 10 Coldwell Banker Stories of the Month – November 2023

Coldwell Banker

Extra, extra! Read the Top 10 news items that ran in November about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – November 2023 appeared first on Coldwell Banker Blue Matter.

Agents 106
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CENTURY 21 Judge Fite Company Announces Texas Merger

RIS Media

CENTURY 21 Judge Fite Company has announced its merger with CENTURY 21 Property Advisors in Granbury, Texas, advancing its commitment to expand within the Texas real estate market. The company stated that the merger with CENTURY 21 Property Advisors is part of their proactive strategy to strengthen their presence in new communities to reach people… The post CENTURY 21 Judge Fite Company Announces Texas Merger appeared first on RISMedia.

Marketing 116
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Builder Confidence Falls for the Fourth Month in a Row—What’s Going On?

Bigger Pockets

A new report shows that builder confidence continues to drop. What does this mean for the supply gap in housing?

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Team Tactics: Profile Tips to Grow Your Team’s Social Media Presence

RIS Media

As social media continues to be a go-to source for potential buyers and sellers to find the real estate agent they want to work with. It is important not just for agents but for real estate teams to master the art of social media to stay ahead in the game. Your team’s social media will… The post Team Tactics: Profile Tips to Grow Your Team’s Social Media Presence appeared first on RISMedia.

Agents 119
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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.