Sat.Jul 06, 2024 - Fri.Jul 12, 2024

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The Price of Perfection: Don’t Wait for the Perfect Home

Keeping Current Matters

In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn't wise.

Agents 333
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Owning Manhattan? How much business SERHANT.’s agents really do

Housing Wire

Since launching in late June, Ryan Serhant’s latest reality TV venture “ Owning Manhattan ” on Netflix , has become quite the phenomenon. Despite debuting on June 28, the show cracked Netflix’s top-10 most streamed shows in the U.S. for the week ending on June 30. The show stars Serhant, who is no stranger to reality TV, having spent a decade starring in Million Dollar Listing New York , among other shows, and several of SERHANT.’s agents and team leaders.

Agents 529
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Here’s why specialization matters for buyer’s agents

Inman

Developing areas of specialization enhances service, efficiency, and effectiveness and results in greater professional success for both teams and individual agents, coach Verl Workman writes.

Agents 178
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Consumers are (slightly) more optimistic about buying a home

Real Estate News

Bucking industry trends, consumer sentiment is at the highest level in more than two years, according to Fannie Mae’s latest survey.

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The 2025 Real Estate Roadmap to Success

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.

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Why Your Asking Price Matters Even More Right Now

Keeping Current Matters

If you’re thinking about selling your house, here’s something you really need to know.

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The financial strength of US homeowners is a cushion against a downturn

Housing Wire

With the release of the CoreLogic 2024 Q1 Equity Insights report, which Logan discussed last week , and now the FHFA National Mortgage Database Aggregate Statistics , we have a lot of visibility into the financial position of the American homeowner. The important message in the mortgage data is that even as the economy perhaps finally slows and even as mortgage rates stay higher for longer than anyone expected, the housing market remains buoyed by an incredible cushion of very strong borrowers.

Equity 545

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Economists on 2024 so far: ‘The year of the head fake’

Real Estate News

So much for that housing market recovery everyone was expecting. Builders and boomers could provide bright spots, but what about the NAR settlement?

Marketing 271
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Why Moving to a Smaller Home After Retirement Makes Life Easier

Keeping Current Matters

Retirement is a time for relaxation, adventure, and enjoying the things you love.

Equity 322
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Foreclosures expected to grow slowly the rest of 2024: Auction.com

Housing Wire

A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half of 2024, while ample amounts of home equity should keep many properties in loss mitigation from moving into foreclosure status. Auction.com , a marketplace for distressed home sales, released its 2024 Seller Insights report on Friday.

Equity 488
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Local MLSs are doomed. The case for data consolidation in real estate

Inman

The thing holding many local MLSs in place is a desire for power and control rather than seeking the best for real estate agents and brokers, writes Mainframe Real Estate founder Sean Frank.

Agents 195
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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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2023 was tough for agents, but they aren’t giving up

Real Estate News

The typical agent had fewer transactions and less income last year, NAR found, but that’s not stopping newcomers from joining — and old pros are doing well.

Agents 262
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Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008

Keeping Current Matters

Even if you didn't own a home at the time, you probably remember the housing crisis in 2008.

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More price cuts as inventory continues to grow

Housing Wire

Nationally, the housing market indicators have been slow for several months now. There have been a few markets; however, that have defied the national trends where inventory has stayed tighter and demand keeps rolling in. Available inventory of unsold homes in the U.S. is 40% more now than last year, but some markets are just now starting to lift beyond the pandemic lows.

Sales 482
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CAR changes commission-sharing on forms following DOJ inquiry

Inman

The California Association of Realtors says even though offers of compensation among brokers remain legal, members and their clients should not rely on "historically common practices.

MLS 194
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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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Inventory keeps rising — will more listings mean more sales?

Real Estate News

Supply is well above last year’s levels, but lower mortgage rates will be key to luring buyers into the market.

Sales 256
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How Do Presidential Elections Impact the Housing Market?

Keeping Current Matters

Are you wondering if the upcoming election will have an impact on the housing market?

Marketing 313
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California Association of Realtors to release new and updated forms

Housing Wire

The California Association of Realtors (CAR) evidently wants no part of the Department of Justice. The association announced on Wednesday that it will release new and updated forms after a delay caused by the DOJ launching a formal inquiry into CAR at the end of June. The DOJ expressed concerns about possible loopholes the forms might contain, which could allow agents to skirt new rules implemented as part of the National Association of Realtors’ (NAR) antitrust settlement.

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Top 6 essential luxury real estate trends of 2024

Inman

Stay ahead of the market with Chris Pollinger's top 6 luxury real estate trends of 2024. Learn what luxury clients are seeking and how to cater to their discerning taste.

Marketing 194
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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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Rate cuts are looking more likely — but not quite yet

Real Estate News

Mortgage rates dipped this week, and the latest inflation and jobs data increase the chance of a rate cut in September.

Mortgages 253
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Estate Planning for Family Members: A Comprehensive Guide

RIS Media

Estate planning is arranging for the management and disposal of a person’s estate during their life and after death. It ensures your assets are distributed according to your wishes and provides financial security for your family. I will provide the following information to educate you on the process: The essentials of estate planning and its… The post Estate Planning for Family Members: A Comprehensive Guide appeared first on RISMedia.

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How low can mortgage rates go with cooler inflation?

Housing Wire

Mortgage rates are falling today as the CPI inflation data came in lighter than anticipated. The shelter side of the equation was a big help in today’s report. The financial markets’ dynamism was evident in the immediate reaction to the 10-year yield, which had a waterfall dive to a key critical level of around 4.20%, as shown below. With the labor market showing signs of softening and the Federal Reserve expressing concerns, the possibility of our first-rate cut in 2024 looms.

Mortgages 476
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7 things that make real estate agents look unprofessional

Inman

As a real estate agent, your reputation can make or break your business. Christy Murdock shares seven things that can significantly damage your professional image and what you can do to avoid them.

Agents 194
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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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CoStar pulls high-profile Homes.com ads

Real Estate News

BBB’s ad division sides with Realtor.com challenges to Homes.com traffic claims — the latest twist in the hard-fought battle for the No. 2 spot in home search.

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Seattle OKs incentives for developers turning offices into housing

Seattle Times Real Estate

Seattle hopes to spur hundreds of new apartments in what are now empty office buildings, but converting buildings can be expensive and difficult.

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Why ADUs can be used for aging in place — and how reverse mortgages might help

Housing Wire

Accessory dwelling units (ADUs) have a lot of potential for aging in place, as evidenced by their growing popularity and statements from private companies and public officials alike that emphasize their utility for housing seniors. In one recent instance highlighted by the Los Angeles Times , one family turned to an ADU after finding limited options and is poised to see a loved one live in a modern, age-appropriate setting.

Mortgages 476
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Lamacchia Realty buys Berkshire Dream Home in Massachusetts

Inman

The deal marks the seventh purchase in 12 months for Massachusetts-based Lamacchia Realty as it signals acquisitions across New England in 2025. "I want to triple that in the next 12," CEO says.

Brokerage 191
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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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Brokerage damage amounts revealed; NAR request denied

Real Estate News

Settlement details and dates have been set for Compass, Real, Douglas Elliman, Realty One and @properties, but NAR hit a roadblock in its fight with the DOJ.

Brokerage 248
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The Importance of Condo Inspections Before Purchase

RIS Media

Purchasing a condo is a significant investment. Like any other real estate purchase, it pays to understand what you’re buying. A thorough condo inspection is essential to make a well-informed decision and avoid pitfalls. I will provide you with the following information so you can make an informed decision. I have put tremendous effort into… The post The Importance of Condo Inspections Before Purchase appeared first on RISMedia.

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Brooke Anderson-Tompkins on the ‘lifescape’ of AI

Housing Wire

Editor in Chief Sarah Wheeler sat down with Brooke Anderson-Tompkins to talk about responsible AI and the scope of implementing AI in your business. Anderson-Tompkins was president of 1st Priority Mortgage for 15 years and is a former chair of the Community Mortgage Lenders of America (now Community Home Lenders of America). She is now founder and CEO of Bridge AIvisory and will be a speaker at HousingWire’s AI Summit.

Design 474
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Kevin Sears opens up about NAR, the DOJ and a hectic year of travel

Inman

In his six months as president, Sears has racked up time in Washington with the DOJ, focused on the trade organization's future and traveled — a lot. He shared his takeaways with Inman ahead of ICLV.

Brokerage 190
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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.