April, 2023

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Must-Fixes Before a Client’s Home Goes Up for Sale

RIS Media

The obvious things that need to be addressed before having a client’s home be listed for sale are, well, obvious. Anything you can easily see that’s broken…a window, for example, needs to be fixed pronto. Some things aren’t so obvious, but also need to be taken care of. The last thing you want is for… The post Must-Fixes Before a Client’s Home Goes Up for Sale appeared first on RISMedia.

Sales 131
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Housing Market Tracker: Spring inventory grows

Housing Wire

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this spring should be put to rest. The other focus should be where mortgage rates go; only a little happened last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

Marketing 524
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Think Twice Before Waiting for Lower Home Prices

Keeping Current Matters

As the housing market continues to change, you may be wondering where it’ll go from here.

Marketing 264
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Opendoor lays off 22% of its workforce in latest round of cuts

Inman

In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles.

Sales 218
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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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103 Real Estate Jokes, Puns & Pick-up Lines You Haven’t Heard 1,000 Times

The Close

Is the market roller coaster of 2023 getting to you? Need a little pick-me-up? Perhaps a healthy dose of real estate jokes, puns, and pick-up lines is just what the doctor ordered to get you back on track. We hope you memorize a few of these cheesy, hilarious, oh-so-true, and groan-worthy real estate jokes to tell at tomorrow’s team or client meeting.

Agents 145
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Newer brokerages take top spots in Mega 1000 rankings

Real Estate News

Several of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass.

Brokerage 307

More Trending

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Will Investors With High Credit Scores Pay More Now? What The New Mortgage Rules Actually Mean

Bigger Pockets

New mortgage rules set by the FHFA sent the investing community into panic. But what do these new rules actually mean?

Mortgages 135
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Mortgage rates decline amid expectation of economic slowdown  

Housing Wire

Mortgage rates fell again this week, but the primary cause was not the banking crisis fiasco. It was the expectation that the U.S. economy is slowing down. According to Freddie Mac ’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage declined to 6.28% as of April 4, down from 6.32% the previous week. The survey focuses on conventional and conforming loans for borrowers who put 20% down and have excellent credit.

Mortgages 488
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The Power of Pre-Approval

Keeping Current Matters

If you’re buying a home this spring, today’s housing market can feel like a challenge.

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Refining an iconic legacy brand: a Q&A with Katelyn Castellano

Inman

As iconic brokerage Engel & Völkers embarks on an identity refresh, this marketing leader shares her insights on the process, and what others can learn.

Branding 183
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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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Industry Decoded: Commissions lawsuits could give portals an edge

Real Estate News

The outcome of the Moehrl suit could affect countless buyer agents. Might Zillow and other portals become an Uber-style marketplace for those agents?

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Making a Splash: 4 Homes with Lovely Water Features

Sotheby's International Real Estate

Whether dramatic or demure, a water feature brings calming sounds and natural visual appeal to any home. Each of these four properties—from East Coast to West—uses water to turn an outdoor area into an oasis that can be both striking and serene. Lush Brentwood Beauty Janelle Friedman | Sotheby’s International Realty – Santa Monica – Venice Brokerage This serene sanctuary occupies two lush acres in the heart of Brentwood.

Brokerage 139
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How Does a Reverse Mortgage Work?

RIS Media

Homeowners aged 62 or older can use their home equity to receive a lump sum, a line of credit, or income through a reverse mortgage. While this might seem like a great way to enjoy your senior years or cover unexpected bills, there are risks involved with this type of loan. Considering this type of… The post How Does a Reverse Mortgage Work? appeared first on RISMedia.

Mortgages 137
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Housing Market Tracker: Inventory finally rises

Housing Wire

Can we now say that the housing market ‘s spring selling season is finally underway? Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data. Still, we have some promising signs that we might have finally hit the inventory bottom for 2023. We didn’t see too much volatility in mortgage rates last week, but purchase apps declined in reaction to rates rising two weeks ago.

Marketing 545
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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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Two Reasons You Should Sell Your House

Keeping Current Matters

Wondering if you should sell your house this year?

Marketing 271
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Here’s every AI platform real estate agents need to know about in 2023

Inman

Tools such as ChatGPT and DALL-E have opened the artificial intelligence floodgates and promise to permanently transform the way agents operate. But there's so much more to explore.

Agents 173
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Nation’s largest homebuilder brings some heat to a cool spring

Real Estate News

DR Horton, seen as a “heat check” for the housing industry, blew past analyst expectations with its Q2 profits and offered an encouraging take on spring.

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Luxury Real Estate Headlines: Final Week in April, 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Los Angeles, California | Sotheby’s International Realty – Pacific Palisades Brokerage Carol Burnett, the iconic comedian and actress, has sold her longtime Los Angeles home for $3.7 million. Carol Burnett’s Longtime Los Angeles Home Sells for $3.7 Million – The Wall Street Journal Five of the World’s Best Homes for Sale with Landscaped Gardens – Financial Times Custom-Built Colonial in

Brokerage 139
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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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States with Highest and Fastest Rising Construction Wages

Eye on Housing

Despite a housing market slowdown but reflecting persistent long-term labor challenges, wages in construction continue to rise, often outpacing and exceeding typical earnings in other industries. According to the latest Current Employment Statistics (CES) report from the Bureau of Labor Statistics (BLS), average hourly earnings (AHE) in construction vary greatly across 43 states that reported these data.

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Housing Market Tracker: Mortgage rates drop almost 1%

Housing Wire

The housing market welcomed the news of lower mortgage rates last week after four reports showed that the labor market isn’t as tight as it seems and that the fear of 1970s-entrenched inflation was a lousy narrative. The 10-year yield finally broke below a critical technical level it had difficulty breaking for many months and we had a very small increase in inventory.

Mortgages 540
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Don’t Fix These 7 Things When Selling Your House

HomeLight

Accepted real estate wisdom says that houses in good condition bring in a higher price than houses in not-so-great condition. While that is generally true, it’s possible to “over-improve” a home to the point of losing money if the return doesn’t match the investment. Luke Rentz is a top agent on the Rentz Team in Tulsa, Oklahoma, which sells homes 72% quicker than average agents in the market.

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5 make-or-break factors consumers consider when choosing a real estate agent

Inman

A new report by RE/MAX explores what's most important to today’s homebuyers and sellers, from their criteria for choosing a real estate agent to their adaptability for the future. The findings are valuable intelligence for agents and brokers alike.

Agents 167
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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.

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Office-to-housing conversions are on the rise

Real Estate News

Transforming underutilized office space to living space can create needed housing inventory, but it's not always easy. Some cities are trying to change that.

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Luxury Real Estate Headlines: First Week in April 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Solebury, Pennsylvania | Kurfiss Sotheby’s International Realty, Sothey’s International Realty – East Side Manhattan Brokerage The roughly 17,900-square-foot estate on 44 acres would set a record if it sells for that price A Massive Estate in Pennsylvania’s Bucks County Asks $14.5 Million – The Wall Street Journal You Need to See This Stunning New Mexico Home with the Conversat

Brokerage 138
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After 3 years, Seattle’s Amy Nelson still fighting Amazon and DOJ

Seattle Times Real Estate

3 years after FBI agents came to her Seattle home to investigate fraud claims made by Amazon against her husband, The Riveter founder Amy Nelson wants answers.

Agents 123
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Housing Market Tracker: Inventory falls even lower

Housing Wire

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Purchase application data rose again, with more positive than negative data in 2023. Mortgage rates didn’t move much last week, but the 10-year yield rose even though inflation data was tamer than expected, and we had a weaker retail sales report number.

Marketing 539
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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Affordability Pyramid Shows 64.8 Million Households Cannot Buy a $250,000 Home

Eye on Housing

As described in a previous post, NAHB’s recently released its 2023 Priced-Out Estimates, show that 96.5 million households are not able to afford a median priced new home, and that an additional 140,436 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how many households have.

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5 power practices every successful real estate entrepreneur needs to know

Inman

Utilizing power practices and tools derived from the realms of positive psychology, neuroscience, and holistic wellness, you can lay the foundation for a successful career as well as a joyful and meaningful life.

Agents 167
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Corcoran's five decades of female leadership

Real Estate News

In 1973, with a $1000 loan, Barbara Corcoran launched what would become a global luxury real estate company. And it's always had a woman at the helm.

Loans 273
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Luxury Real Estate Headlines: Third week in April, 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Potomac, Maryland | TTR Sotheby’s International Realty Located in the affluent neighborhood of Round Hill in Potomac, Maryland, this expansive home has space for everything—even an airplane. Five Homes With Grand Gardens – Mansion Global Wall Street Journal tycoon’s estate lists for $18 million – Architectural Digest Connecticut Horse Farm Sells After Nearly a Decade On and Off the M

Sales 136
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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.