BubbleInfo
MARCH 3, 2023
Between the lawsuits that will decouple commissions and homes.com that funnels all inquiries back to the listing agent, the buyer-agents are cooked. It’s just a matter of time. Hat tip to RE News – an excerpt: Florance also detailed his vision for Homes.
Real Trends
MARCH 1, 2023
Are you a real estate generalist? All real estate agents are to some extent. However, specializing in different real estate niches — while also marketing to everyone — can set you up for success in being the expert in that area. Being a real estate agent takes a lot of time and effort, but you can make a great living if you do it right. For real estate agents who want to gain an edge , finding a specific niche to hone can be helpful.
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Inman
MARCH 1, 2023
Whether you're looking to quickly make easy graphics or informative and engaging content, these free tools offer a wide range of features to help you elevate your social media presence.
Housing Wire
MARCH 1, 2023
Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.
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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.
Keeping Current Matters
MARCH 1, 2023
If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
FEBRUARY 26, 2023
Redfin says that the rebound of the housing market in towns like Greensboro, NC is being hampered by high housing costs, and low supply. Amazingly, home prices in this quiet North Carolina town managed to go up by 12.5%, which is probably because supply is so low. The Redfin report said average listings fell by almost 30% from last year. What this means for buyers and sellers is Greensboro is a highly competitive and complex market now, which is why we focused our top agent hunt there this week.
Real Estate News
FEBRUARY 27, 2023
NAR's monthly report found that as mortgage rates declined in January, pending home sales moved upward.
Broke Agent Media
MARCH 2, 2023
For most people, tax time is not something to look forward to. And for self-employed professionals like you, it can be downright terrifying. Because unless you’re paying taxes throughout the year, you’ll be paying the government a hefty sum in mid-April. And if you don’t have systems in place to ensure you’re saving enough, that hefty sum may be well over what you’re prepared to pay.
The American Genius for Real Estate
FEBRUARY 27, 2023
"It all comes down to that respect for the people who’ve dedicated their lives to serve this country." - Military Relocation Professional Certification instructor, Ginni.
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.
Housing Wire
MARCH 3, 2023
Inflation is hot, so why aren’t mortgage rates over 10% like we saw in the 1970s? Put those disco pants back in the closet; this isn’t the 1970s, John, and the bond market has been saying this to anyone who would listen. Mortgage rates have trended up to over 7% while the 10-year yield has been around 4%, so everything is in the top-end range of my 2023 forecast.
Keeping Current Matters
FEBRUARY 28, 2023
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.
Real Estate News
FEBRUARY 28, 2023
The Case-Shiller and FHFA housing indices for December showed further cooling of home prices in all metros.
Inman
FEBRUARY 28, 2023
New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That's up from about 11 percent in 2001.
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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.
Housing Wire
FEBRUARY 27, 2023
We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Here is a quick rundown from last week: Purchase applications fell 18% week to week and hit levels not seen since 1995.
Keeping Current Matters
MARCH 3, 2023
Some Highlights If you’re thinking of selling your house, be sure to explore all the options you have for your next home. Both newly built homes and existing homes offer plenty of unique benefits.
Real Estate News
FEBRUARY 26, 2023
There's no quick-fix — your agent retention strategy should be as well-thought-out as your lead generation, training or sales programs.
Inman
MARCH 1, 2023
With billions saved — and lost — Opendoor is living by the creed "go big or go home." Yet even after a dreary Q4, the iBuyer persists, which may be the biggest takeaway, Mike DelPrete writes exclusively for Intel.
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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.
Housing Wire
MARCH 2, 2023
Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down, economists say. The 30-year fixed-rate mortgage on Thursday, March 2 touched 7.10% , up 16 basis points from 6.94 on Wednesday. The most recent survey by Freddie Mac measured 30-year fixed-rate mortgages at 6.65% for the week ending Thursday, driven by the 10-year Treasury surpassing 4.0%.
Keeping Current Matters
FEBRUARY 27, 2023
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability.
Real Estate News
MARCH 3, 2023
Newly built homes continue to lose square footage. But agents see an upside for buyers seeking more affordable options.
Inman
MARCH 3, 2023
To help you avoid mistakes that will hamper your growth and damage your online presence, social media expert Katie Lance lays out the most common marketing myths and why they’re wrong.
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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.
Housing Wire
FEBRUARY 27, 2023
January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). After posting a 2.5% month-over-month increase in December , the Pending Home Sales Index rose 8.1% month over month in January to a reading of 82.5.
Keeping Current Matters
MARCH 2, 2023
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.
Real Estate News
MARCH 2, 2023
Realtor.com's monthly market report shows six straight months of increasing inventory.
Inman
FEBRUARY 27, 2023
Taking an analog approach is a powerful way to focus the mind, reconnect with the body and devote full attention to the details of a particular client or task. For many, it also fuels creativity and helps them process and retain more information.
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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