Housing Wire

NOVEMBER 21, 2024

After tumbling over the past few months, existing-home sales are giving real estate and mortgage professionals a reason to smile. The seasonally adjusted annual rate of existing-home sales rose 3.4% month over month in October to 3.96 million, according to data released Thursday by the National Association of Realtors (NAR). This also was a 2.9% year-over-year improvement, marking the first annualized increase since July 2021.

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Keeping Current Matters

NOVEMBER 21, 2024

With rising home prices and volatile mortgage rates, it’s important you know about every resource that could help make buying a home possible.

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Mortgages Agents 234

Housing Wire

NOVEMBER 21, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. When it comes to selling real estate, communication and timing can make or break your success.

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Real Estate News

NOVEMBER 21, 2024

The turnaround for existing sales came at a time when mortgage rates were closer to 6%. With rates on the rise, economists are dialing back sales forecasts.

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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.

Industrial

Housing Wire

NOVEMBER 21, 2024

In the newest episode of the “Real Estate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Robert Morris, a real estate broker, trainer and veteran agent at Keller Williams Capital Properties. Held live from the National Association of Realtors ‘ (NAR) NXT Conference in Boston, the conversation covers broker leadership tips, the value of designations and certifications, and educational resources for real estate agents.

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Design Agents Brokerage Industrial 363

Real Estate News

NOVEMBER 21, 2024

HUD leader explains the benefits of housing counseling and the “critical role” of agents, says the agency has no “official position” on the NAR settlement.

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Agents 183

Real Estate News

NOVEMBER 21, 2024

For clients, getting an offer accepted might seem like the end of the homebuying process. A new guide from NAR helps explain all the steps that follow.

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Closing 160

Housing Wire

NOVEMBER 21, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. First impressions matter, especially when it comes to your listing’s exterior. Curb appeal sets the tone for potential buyers before they even step inside, shaping how welcoming and well-maintained a property feels.

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Design Staging As-is Agents 299

Inman

NOVEMBER 21, 2024

Chris Pollinger and designer Samantha Senia share the top 2025 design trends redefining luxury homes — from sustainable reclaimed wood tables to statement lounge chairs.

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Design Staging Agents Marketing 166

Housing Wire

NOVEMBER 21, 2024

Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast , which predicted 2.33% home-price growth for 2024. However, that didn’t happen. The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of tim

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Mortgages Finance Sales As-is 332

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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.

Brokerage

Inman

NOVEMBER 21, 2024

Resetting and renewing your company's culture starts with understanding the current state of play so that you can implement targeted and effective improvements, coach Verl Workman writes.

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Brokerage Agents 158

Housing Wire

NOVEMBER 21, 2024

Industries like retail, banking, transportation and food service have undergone massive digital transformation in recent years by leveraging new technologies to enhance consumer experience. As a result, today’s consumers now expect the same seamless digital experiences in all areas of their lives, including rental management. Gen Z renters in particular expect digital-first experiences, and have emerged as a powerful consumer base within the rental market.

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Property Management Technology Banks Construction 344

Inman

NOVEMBER 21, 2024

This year's Teams Report offers a roadmap for navigating the challenges and opportunities of today’s real estate market for teams, Chris Pollinger writes.

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Marketing Agents 166

Housing Wire

NOVEMBER 21, 2024

Home insurance premiums continue to rise, but the severity of the increases have cooled in recent months, which suggests that a semblance of stability is returning to the market. But this doesn’t negate the reality of other turbulent risk factors — including extreme weather events stemming from climate change or potential regulatory challenges. This comes from an analysis conducted by Matic that was sourced through data from more than 36 million requests for quotes, according to the company.

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Marketing As-is 308

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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.

Agents

Inman

NOVEMBER 21, 2024

Annual existing-home sales increased for the first time in more than three years in October, according to the National Association of Realtors. "The worst of the downturn in home sales could be over.

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Sales Agents Marketing 117

Housing Wire

NOVEMBER 21, 2024

Tim Nelson, a longtime reverse mortgage industry professional and reverse department manager at VIP Mortgage in Scottsdale, Arizona , spent 20 years in the home lending arena before shifting his focus entirely to reverse. With that focus came attention and appreciation for the reverse mortgage product, which led him to see an opportunity for him and his family.

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Mortgages Loan Officer Equity Lending 278

Inman

NOVEMBER 21, 2024

Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year.

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Sales Mortgages Marketing 109

Housing Wire

NOVEMBER 21, 2024

Compass has made no secret of its plans for rapid expansion, and if recent additions are any indication, Texas is a prime target. The brokerage announced this week that it added Dallas-based The Trusler Group. The husband-and-wife team of Alex and Karla Trusler bring a high-performing team to Compass, having completed $37 million in sales over the past year.

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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.

Agents

Inman

NOVEMBER 21, 2024

This prestigious recognition celebrates those who are at the forefront of property technology innovation and redefining the real estate industry.

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Technology Industrial 164

Housing Wire

NOVEMBER 21, 2024

Keller Williams wants to give its team leaders a boost. The real estate franchise has hired Shanan Steere to be its director of growth operations. In the role, Steere will be charged with “reimagining core market center leadership training,” with the hope of recruiting future leaders to the company. “As we continue to invest deeply into providing our KW-affiliated brokerages support for the development of their team leaders and operating principals, we are excited to welcome Shanan, who will spe

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Inman

NOVEMBER 21, 2024

As 2024 draws to a close, Jimmy Burgess and Keeping Current Matters' David Childers look at some of the most common concerns clients are voicing right now.

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Closing Brokerage Agents Marketing 151

Housing Wire

NOVEMBER 21, 2024

The defect rate for mortgages grew significantly across all loan types in the second quarter of 2024, continuing a trend seen in the first quarter. The share of loans with defects grew to 1.81%, according to a recent report released Wednesday by ACES Quality Management. The Denver-based quality control company compiles a quarterly report that is derived from post-closing quality control data gathered by the company’s benchmarking software.

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Mortgages VA loan Loans Lending 254

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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.

Sales

Inman

NOVEMBER 21, 2024

Over 491,000 homesellers have filed claims for a portion of the $700 million raised by real estate settlements in Sitzer, with more to come before May 2025 deadline.

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MLS Brokerage Agents 97

Housing Wire

NOVEMBER 21, 2024

UBS analyst Douglas Harter recently made waves after he took a closer look at the stock of reverse mortgage industry leader Finance of America (FOA). Harter downgraded the company’s stock rating on from “buy” to “neutral” even after it reported strong earnings results in the third quarter of 2024. In a note published this week that was reviewed by HousingWire ’s Reverse Mortgage Daily (RMD) — and previously reported by the The Wall Street Journal and Seeking Alpha — Harter offered his reasoning

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Bankruptcy Finance Equity Mortgages 201

Inman

NOVEMBER 21, 2024

Texas-based franchisor Keller Williams has promoted longtime team leader and MAPS coach Shanan Steere to director of growth operations, according to an announcement on Thursday.

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Brokerage 88

Housing Wire

NOVEMBER 21, 2024

The Hooper (formerly Phillips ) copycat commission lawsuit is down a few defendants. In a ruling on Thursday, Judge Mark H. Cohen of the U.S. District Court in Atlanta granted the plaintiffs’ consent motion to drop certain defendants from the suit with prejudice. The defendants now free from the suit are Christie’s International Real Estate, Engel & Völkers Americas, Engel & Völkers Atlanta, Redfin , HomeSmart Holdings, Solid Source Realty, Palmerhouse Properties and Ansley Atlanta Real

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Brokerage

Inman

NOVEMBER 21, 2024

Amid ongoing controversy surrounding Sean "Diddy" Combs' Los Angeles mansion, linked to infamous alleged "freak offs," the property has attracted a $30 million offer -- half its $61.5 million listing price, the "New York Post" reported Thursday.

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Marketing 88

HomeLight

NOVEMBER 21, 2024

The art of styling a home for sale is vastly different from styling a home for personal living. Your design must appeal to the tastes of hundreds of prospective buyers, photograph like a show home, and be totally absent of personal photographs. Sellers who get this challenge right win the ultimate prize: a faster, higher priced sale. In HomeLight’s recent nationwide Top Agent Insights Report, agents said a staged home can sell for up to 13% more than an unstaged home.

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Inman

NOVEMBER 21, 2024

Applications for purchase mortgages were up 2 percent last week when compared to the week before but down 1 percent from a year ago, according to a weekly survey by the Mortgage Bankers Association.

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Loans Mortgages Sales Marketing 88

RIS Media

NOVEMBER 21, 2024

Wouldn’t it be neat if when you first arrive at a home for sale there were actual red flags planted in the front lawn warning of ominous issues? It would sure save the time and effort of having to discover them yourself. Perfect world, right? Unfortunately, absurdist humor is just that, so it is often… The post Red (Flag) Alert! Guiding Buyers After Discovering a Property’s Problems – Part 1 appeared first on RISMedia.

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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.

Agents