RIS Media

OCTOBER 31, 2023

KANSAS CITY—After four years working its way slowly through the federal judicial system and two weeks of contentious courtroom drama, the landmark Burnett class-action case delivered a massive blow to organized real estate today, with an eight-member jury deliberating for less than three hours before finding that real estate power players conspired to inflate commissions… The post Plaintiffs Triumph in Burnett Case as Jury Finds NAR, Brokerages Conspired to Fix Prices appeared first on RIS

Brokerage 134

Brokerage Industrial Agents 134

Keeping Current Matters

NOVEMBER 2, 2023

According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months.

Marketing 355

Marketing 355

Inman

OCTOBER 30, 2023

The desire for uniqueness is driving a rising demand for historic homes in the luxury real estate sector. Buyers today love the character and craftsmanship that a historical property exudes, and want a home that expresses their one-of-a-kind personality and preferences.

Agents 197

Agents 197

Calculated Risk Real Estate

OCTOBER 31, 2023

Note: The Freddie Mac index is a repeat sales index using only loans purchased by Fannie and Freddie and includes appraisals. See FAQs here. Freddie has data for all states and many cities. For house prices, I’m currently following Case-Shiller, FHFA , CoreLogic , Black Knight , the NAR median price s, and this Freddie Mac index. Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.8% month-over-month on a seasonally adjusted (SA) basis in September.

Loans 127

Loans Sales As-is 127

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

Realty Biz

OCTOBER 29, 2023

Selling a home can be a stressful and challenging process, and when you add kids into the mix, it can become even more complicated and overwhelming. Children can create chaos, and their needs and routines can clash with the demands of home showings and open houses. However, with some careful planning and a bit of patience, you can successfully navigate the home-selling process while keeping your kids happy and your sanity intact.

Staging 132

Staging Design As-is Marketing 132

Bigger Pockets

OCTOBER 31, 2023

Renting properties to tenants is a great way to earn passive income, but you must follow many laws and rules, including collecting security deposits. Before you begin renting to tenants, it’s important to understand the answer to what is a security deposit and all the factors that go into it.

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135

Brownstoner

OCTOBER 29, 2023

The most popular listings on Brownstoner this week include a Park Slope co-op, a Fort Greene wood frame, and a Bed Stuy brownstone. Carroll Gardens and Park Slope were popular this week, with other listings scattered around the borough. The least expensive property on the list is a Carroll Gardens rental… Read More > The post Top 10 Brooklyn Real Estate Listings: A Carroll Gardens Rental, a Ditmas Park Standalone appeared first on Brownstoner.

Marketing 102

Marketing 102

Lighter Side of Real Estate

NOVEMBER 1, 2023

It’s hard to escape the talk about rising interest rates and how they’re supposedly scaring away potential homebuyers. So if you’ve been thinking about selling, there’s a good chance it might be causing you to put those plans on hold and wait for buyers to re-enter the market. But before you put your home sale plans on hold, there’s a timeless truth that bears repeating: there are always “life happens” buyers in the market looking to buy a home, as Marketplace recently reported in th

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Sales Equity Marketing As-is 119

Housing Wire

OCTOBER 31, 2023

A Kansas City jury has found the National Association of Realtors , HomeServices of America and Keller Williams guilty of colluding to inflate or maintain high commission rates through NAR’s Clear Cooperation Rule, in the Sitzer/Burnett buyer broker commission lawsuit. The defendants have been ordered to pay damages of $1.78 billion. The jury reached its verdict after a little over two weeks of testimony from the plaintiffs and defendants.

Brokerage 545

Brokerage As-is Finance 545

Real Estate News

OCTOBER 31, 2023

After less than three hours of deliberation, the jury ruled for the plaintiffs in the landmark Sitzer/Burnett trial, awarding nearly $1.8 billion.

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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

Keeping Current Matters

NOVEMBER 3, 2023

If you’re ready to buy a home but are having a hard time affording it on your own, or, if you have aging loved ones you need to care for, you might want to consider a multi-generational home.

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Inman

NOVEMBER 3, 2023

After breaching 8 percent in mid-October, 30-year fixed mortgage rates have plummeted to levels not seen since September as more investors expect Fed policymakers to lower rates in the spring.

Mortgages 206

Mortgages Investor Marketing 206

Housing Wire

OCTOBER 28, 2023

If I had told you on Dec. 31, 2022, that mortgage rates would hit 8% in 2023, you would reasonably assume housing inventory would sky rocket higher, home prices would fall noticeably, and the number of price cuts would be higher year over year. Instead, the opposite has happened: home prices nationally hit an all-time high, inventory is still down year over year and the percentage of price cuts is 4% below last year’s level.

Mortgages 516

Mortgages Sales Closing As-is 516

Real Estate News

OCTOBER 31, 2023

After the jury unanimously found for the plaintiffs in the Missouri case, the lead attorney announced he was filing a nationwide suit naming NAR, 7 brokerages.

Brokerage 308

Brokerage 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

Keeping Current Matters

OCTOBER 31, 2023

If you've been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies.

Bankruptcy 311

Bankruptcy Marketing 311

Inman

OCTOBER 31, 2023

Jurors on Tuesday shocked the real estate industry, awarding damages adding up to $5.36 billion to homesellers after deliberating for 2 hours and 28 minutes.

Industrial 212

Industrial MLS Brokerage Agents 212

Housing Wire

NOVEMBER 3, 2023

The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. The labor market doesn’t show wages spiraling out of control as it did in the 1970s because the inflation data doesn’t look like anything in the 1970s. We had a solid job openings print this week and jobless claims are still near historic lows.

Mortgages 507

Mortgages Land As-is Marketing 507

Real Estate News

NOVEMBER 1, 2023

The home search giant’s latest acquisition will help support its “housing super app," said Chief Industry Development Officer Errol Samuelson.

Development 313

Development Industrial 313

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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

Keeping Current Matters

NOVEMBER 1, 2023

Maybe you’re in the market for a home and are having a hard time finding the right one that fits your budget.

Marketing 327

Marketing 327

Inman

NOVEMBER 3, 2023

NextHome CEO James Dwiggins points out that the final chapter of the bombshell commission lawsuits hasn't been written in this interview with Bernice Ross. Find out what you need to know to plan ahead.

Agents 190

Agents MLS Marketing 190

Housing Wire

NOVEMBER 3, 2023

When it comes to marketing your real estate business, video is king. Global statistics from 2023 show that people watch videos an average of 100 minutes a day, with millennials — the largest share of homebuyers in the U.S. — spending 10 to 20 hours a week watching videos. From short Instagram reels to longer videos on YouTube , video is here to stay.

Marketing 534

Marketing Title As-is Technology 534

Real Estate News

NOVEMBER 2, 2023

After steadily climbing this fall, average rates — which have been hovering near 8% — inched down this week, but continued fluctuations are likely.

Mortgages 285

Mortgages 285

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

Keeping Current Matters

OCTOBER 30, 2023

Do negative headlines and talk on social media have you feeling worried about the housing market?

Marketing 337

Marketing Agents 337

Inman

OCTOBER 31, 2023

In a final push on Monday, attorneys for real estate franchisors and the National Association of Realtors argued that homesellers in the case failed to prove a conspiracy to inflate commissions.

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Closing MLS Brokerage Agents 194

Housing Wire

OCTOBER 31, 2023

We may be nearing the bottom in home sales even if mortgage rates don’t decline. As a result, there may be a light at the end of the tunnel in this crazy market cycle. At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. To get the weekly picture of the housing market, watch the video above.

Sales 510

Sales Staging Mortgages Marketing 510

Real Estate News

NOVEMBER 2, 2023

Nykia Wright, previously CEO of the Chicago Sun-Times, will be interim CEO. Goldberg had previously announced plans to depart in 2024.

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299

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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

Brownstoner

NOVEMBER 2, 2023

Ten years ago Sybil Green, who goes by the name Tami, was biking down a stretch of Jackie Robinson Parkway's residential frontage road, which connects Vermont Street in East New York with Highland Park, when she noticed a house that looked in disrepair, with a door ajar and a bright… Read More > The post Woman Who Claimed Abandoned East New York House Fights Investors for Possession appeared first on Brownstoner.

Investor 133

Investor Residential Marketing 133

Inman

OCTOBER 30, 2023

A seismic transition is underway in the preferences of global luxury consumers. “Quiet Luxury” is here — and it arrived well before the hype around Kendall Roy’s $600 cashmere baseball caps.

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187

Housing Wire

OCTOBER 30, 2023

loanDepot has rolled out a new down payment assistance program for Federal Housing Administration (FHA) loan borrowers that enables them to put zero money down upfront. In loanDepot’s program, dubbed AccessZERO, the down payment assistance is structured as a 10-year fully amortized repayable second mortgage. Borrowers must have a minimum credit score of 600 to qualify for the down payment assistance, which can be as much as 5% of the home purchase price or appraised value, whichever is less.

FHA loan 493

FHA loan Loans Lending Finance 493

Real Estate News

OCTOBER 30, 2023

The lead attorney for the plaintiffs wrapped up the morning session of the Sitzer/Burnett trial with a theatrical closing argument.

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Closing 296

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.

Agents