Real Brokerage makes $9.25 million deal to settle commissions suit
Real Estate News
APRIL 8, 2024
The company reached the agreement in the Umpa case, the only major class action involving agent pay to name Real as a defendant.
Sat.Apr 06, 2024 - Fri.Apr 12, 2024
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Should I Move with Today’s Mortgage Rates?
Keeping Current Matters
APRIL 10, 2024
When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause.
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30 listing lead generation ideas for a post-NAR settlement market
Inman
APRIL 11, 2024
If you want to build the listing side of your business in the wake of the NAR settlement, Jimmy Burgess has 30 practical, actionable, doable strategies tailor-made for this moment.
Gen X is already looking for housing appropriate for aging in place
Housing Wire
APRIL 9, 2024
Baby boomers are exhibiting an overwhelming desire to age in place in their own homes, but their children — largely members of Generation X — are also making their desires felt by seeking out homes that can accommodate their needs as they get older, according to a recent report from the New York Times. Citing 2021 data from the Harvard University Joint Center for Housing Studies that showed 88% of adults 65 and older are aging in place, many members of the following generation — primarily born b
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.
How are agents paid? Don’t ask buyers
Real Estate News
APRIL 11, 2024
More than a quarter of consumers surveyed by Redfin don’t know how much their agent was paid, while nearly 20% weren’t sure who provided the compensation.
The Top 5 Reasons You Need a Real Estate Agent when Buying a Home
Keeping Current Matters
APRIL 9, 2024
You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions.
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Rural America is losing affordable housing at a crisis pace
Housing Wire
APRIL 8, 2024
The lack of affordable housing in the United States is well-documented in the nation’s urban markets, where it is contributing to the swelling ranks of the homeless. That same dire need for affordable housing for the least prosperous among us, however, also is a serious problem in rural America — home to nearly 70 million Americans. The U.S. Department of Agriculture (USDA) administers one of the main programs providing housing for low-income households in the rural stretches of this country — w
Investors feeling optimistic, buying record share of homes
Real Estate News
APRIL 9, 2024
A pair of new reports look at the role investors played in the housing market last year and offer insights into their current outlook and pain points.
The Perks of Downsizing When You Retire [INFOGRAPHIC]
Keeping Current Matters
APRIL 12, 2024
If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.
Hey, that’s who we are! NAR in new trademark dispute over ‘R’ logo
Inman
APRIL 10, 2024
NAR told the US Patent and Trademark Office on Monday that an NYC-based investment firm that operates fintech marketplace Republic has stepped over the line with its logo. What do you think?
Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage
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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.
What will happen to home prices with more inventory?
Housing Wire
APRIL 8, 2024
With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Each of those notched down from a week ago and compared to a year ago. This is a holiday effect and it should all be reversed back onto the year’s growth trend by next Monday’s report. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago.
Consumer group predicts 20-30% drop in commissions
Real Estate News
APRIL 8, 2024
The NAR settlement will lead to better service and lower costs for homebuyers, new research from the Consumer Federation of America suggests.
Don’t Let Your Student Loans Delay Your Homeownership Plans
Keeping Current Matters
APRIL 8, 2024
If you have student loans and want to buy a home, you might have questions about how your debt affects your plans.
These top vacation home markets offer opportunities for every agent
Inman
APRIL 8, 2024
These markets offer significant price appreciation and access to outstanding amenities, presenting a potential goldmine for agents. These include metro-adjacent homes and new front-running vacation destinations.
Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth
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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.
Opinion: Agencies are key to fixing housing affordability
Housing Wire
APRIL 9, 2024
It’s an election year, and housing affordability appears to be a big concern for voters. So, it’s not surprising to see the administration and members of Congress announcing big-ticket legislative initiatives to boost homeownership — like a first-time homebuyer tax credit and the Neighborhood Investment Act to fix up older homes. The Community Home Lenders of America (CHLA) applauds these initiatives.
Buyers are adjusting to a higher-rate environment
Real Estate News
APRIL 9, 2024
While consumers are feeling less enthusiastic about the direction of mortgage rates, they “appear to be moving past the hurdle of last year’s sharp jump.
Builders Are Building Smaller Homes
Keeping Current Matters
APRIL 11, 2024
There’s no arguing it, affordability is still tight.
BoomTown is dealing with a service outage. Now agents want answers
Inman
APRIL 12, 2024
Real estate professionals have been seeking answers since Wednesday, when many lost access to their personal websites, lead services and other tools provided by Boomtown, agents told Inman.
Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys
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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.
NAR alternative now has 3,800 members
Housing Wire
APRIL 10, 2024
R New York , a brokerage boasting approximately 800 agents, has joined the American Real Estate Association , an alternative to the National Association of Realtors (NAR), according to The Real Deal. The American Real Estate Association’s membership increased by nearly 30% after the absorption of R New York members, bringing the total to roughly 3,800 members.
Brokerage Beat: News from Real, The Agency, ERA, eXp
Real Estate News
APRIL 6, 2024
More than a dozen new offices for Real; The Agency expands in Texas and The Hamptons; ERA adds family-owned Colorado affiliate; Briko and iList join eXp.
Inflation Stays Hot as Housing Cost Growth Persists
Eye on Housing
APRIL 10, 2024
Consumer prices continued to rise in March, with shelter and gasoline prices driving over half of the total increase. This marks the third consecutive strong reading. Despite a slowdown in the year-over-year increase, shelter costs continue to put upward pressure on inflation, accounting for over 60% of the total increase in all items excluding food.
Conquer the 2024 housing market: Expert insights at your fingertips
Inman
APRIL 12, 2024
Tune in for an engaging discussion surrounding the latest trends, predictions and insider knowledge on the 2024 housing market to help you make informed decisions with confidence.
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.
Housing inventory fell last week, but it won’t derail the spring bump
Housing Wire
APRIL 6, 2024
Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. Although I expect some of the weekly data to rebound next week as a result, growth in active and new listings is still trending slower than I thought would happen in 2024.
Lawsuits over KW profit-sharing changes continue to multiply
Real Estate News
APRIL 8, 2024
At least seven complaints have been filed by former Keller Williams agents over reductions set to take effect on July 1.
Amid Seattle growth debate, map shows walkable neighborhoods in King County
Seattle Times Real Estate
APRIL 9, 2024
Nat Henry wanted to know where he could build his life around walking and biking. Turns out a lot of other people were wondering about 15-minute neighborhoods, too.
How are you doing? Americans now rank at an all-time happiness low
Inman
APRIL 11, 2024
Your team members and customers are struggling, Rachael Hite writes. Here is what wise brokers need to know about the state of happiness and how it impacts all of us.
The Broker Action Plan for the Post-NAR Lawsuit Landscape
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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.
Insurance companies rely on aerial images to ditch risky properties
Housing Wire
APRIL 8, 2024
Insurance companies are leveraging aerial images of homes to drop properties deemed too risky, according to a report by The Wall Street Journal. Consumer advocates are concerned that customers are not always able to challenge images that could be out of date or inaccurate. The increased use of aerial images also comes at a time when many home insurance carriers nationwide try to offload some risk from their property portfolios, sometimes leaving states altogether to recover from big underwritin
City Releases Detailed Plan for Controversial Housing Zoning Changes
Brownstoner
APRIL 11, 2024
Taller residences, less parking, and more infill buildings will be allowed in New York City if the mayor’s City of Yes for Housing Opportunity zoning changes go ahead as planned. The draft text for the proposal was released today by the NYC Department of City Planning, the final installment in… Read More > The post City Releases Detailed Plan for Controversial Housing Zoning Changes appeared first on Brownstoner.
Building Material Prices Continue to Rise in March
Eye on Housing
APRIL 11, 2024
Inputs to residential construction, goods less food and energy, increased for the fifth straight month, according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy, represents building materials used in residential construction.
Recruiting War ’24: Agents field new offers constantly, Intel finds
Inman
APRIL 8, 2024
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it's now an unavoidable aspect of the job.
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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