Housing Wire

FEBRUARY 1, 2024

Keller Williams has decided to bow out of the Sitzer/Burnett commission lawsuit. On Thursday, the Gary Keller-helmed brokerage notified the federal court in Missouri that it had entered into a settlement agreement with the plaintiffs in the Sitzer/Burnett suit. The settlement settles all home seller lawsuits nationwide. According to Keller Williams spokesperson Darryl Frost, the firm will pay $70 million as part of the settlement agreement.

MLS 493

MLS Agents Brokerage As-is 493

Keeping Current Matters

FEBRUARY 1, 2024

As you think about the year ahead, one of your big goals may be moving.

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Bigger Pockets

JANUARY 31, 2024

If you are considering dipping your toes into real estate investing with this strategy, it’s important to consider the tax implications so you will know how much profit to report. Underreporting rental income on your taxes could cause problems for you later if you are audited.

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Inman

JANUARY 31, 2024

Fed Chair Jerome Powell says a rate cut at the central bank's next meeting is not "the base case," with policymakers wanting to see more data showing inflation is on a sustainable path down to 2 percent.

Banks 195

Banks Mortgages Marketing 195

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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.

Development

HomeLight

JANUARY 31, 2024

When you’re preparing to sell your home, every dollar counts. It’s natural to have questions about how to maximize your proceeds. One option you might have come across is the “1 percent commission real estate agent” or the “1% listing fee” company. It sounds enticing, but will it really save you money? What kind of services can you expect at this rate, and how does it all work?

Agents 115

Agents Sales Brokerage Marketing 115

Calculated Risk Real Estate

JANUARY 30, 2024

S&P/Case-Shiller released the monthly Home Price Indices for November ("November" is a 3-month average of September, October and November closing prices). November closing prices include some contracts signed in July, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).

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Closing Finance As-is Marketing 119

GeekEstate

FEBRUARY 1, 2024

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase: Equity Angels] Co-founded by Katherine Winston and Kenya Burrell-VanWormer , Equity Angels is a new accelerator “that will provide professional mentorship, fractional executives and fundraising preparation for companies started by entrepreneurs from diverse demographics,” according to Inman News.

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Equity Investor 120

BubbleInfo

JANUARY 30, 2024

There is no guidance on how to effectively handle a bidding war. I don’t see or hear anything from NAR, CAR, brokerage managers, or team leaders on how listing agents should handle a bidding war, other than to put the offers on a spreadsheet and let the seller decide.

Brokerage 74

Brokerage Agents 74

Realty Biz

JANUARY 31, 2024

Are you looking for tips on buying used appliances? We will cover the essential aspects to consider so no significant mistakes are made. From selecting reliable models to researching specific brands to finding great deals online or at used appliance stores. Don't forget to negotiate prices and verify part availability. They are significant aspects in this arena.

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Due diligence Branding Sales As-is 95

Housing Wire

JANUARY 28, 2024

Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the lowest bar ever with demand, so let’s add historical context to the data. But, even with mortgage rates higher this year than last year, demand is rising. Purchase application data As we get closer to the end of the first month of 2024, forward-looking purchase application data looks good.

Mortgages 525

Mortgages As-is Sales Marketing 525

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

Real Estate News

FEBRUARY 1, 2024

The deal will leave just NAR and HomeServices of America as defendants in Sitzer-Burnett and similar commissions cases, with billions of dollars at stake.

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Keeping Current Matters

JANUARY 30, 2024

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates.

Mortgages 332

Mortgages Closing 332

Inman

JANUARY 28, 2024

Jimmy Burgess shares 10 specific prompts designed for real estate agents that will help you generate leads, grow your business and serve your clients at the highest level possible.

Design 194

Design Agents Technology Marketing 194

Housing Wire

JANUARY 30, 2024

The U.S. housing market has reached its least affordable point in decades and housing agencies have increasingly rolled out homebuyer assistance programs to tackle this issue. A total of 135 new homebuyer assistance programs were introduced in 2023, a 6% increase over the previous year. This brought the nationwide tally up to 2,294, according to Down Payment Resource’s fourth-quarter Homeownership Program Index (HPI) report.

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Closing costs Mortgages Investor Loans 518

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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

Real Estate News

FEBRUARY 1, 2024

According to a new survey, the majority of buyers are concerned about transparency in the homebuying process.

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Keeping Current Matters

JANUARY 29, 2024

Have you ever heard the term “Silver Tsunami” and wondered what it's all about?

Marketing 319

Marketing 319

Inman

JANUARY 30, 2024

In his latest Snapshot profile, Brandon Doyle talks to Zvi Band about his startup journey and his latest CRM, Relatable.

Technology 193

Technology Agents 193

Housing Wire

FEBRUARY 1, 2024

The Tech100 Real Estate award celebrates the most innovative and impactful organizations in housing. More than just an acknowledgment; the Tech100 award is a testament to the transformative impact these companies have made, propelling the real estate sector into new realms of efficiency, transparency and accessibility. Now in its 5th year, the Tech100 Real Estate program provides housing professionals with a comprehensive list of the most innovative and impactful organizations in the industry.

Property Management 501

Property Management Title Loans Sales 501

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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

Real Estate News

FEBRUARY 2, 2024

“We’re trying to be an example of what an association can do,” says René Galvan, who will take over for Bob Hale as CEO in 2026.

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Keeping Current Matters

FEBRUARY 2, 2024

Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry.

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Inman

JANUARY 27, 2024

At Inman Connect New York, The Agency founder unveiled his plan for a rival organization to take on NAR. Is there any chance it'll work?

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MLS 193

Housing Wire

FEBRUARY 2, 2024

Redfin is back to offering refunds to homebuyers but this time under a new name. Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with a Redfin agent before their second home tour — and who purchase a property with that agent within 180 days of signing the agreement — a refund of 0.25% to 0.5% of the purchase price of the house.

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Purchase and sale agreement Agents Closing Brokerage 493

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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

Real Estate News

FEBRUARY 2, 2024

The new “Sign & Save” program offers buyers a rebate if they sign a buyer agreement with Redfin and go under contract on a home within six months.

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Keeping Current Matters

JANUARY 31, 2024

Have you seen headlines talking about the increase in foreclosures in today’s housing market?

Marketing 312

Marketing 312

Inman

JANUARY 29, 2024

The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data.

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Sales Brokerage Marketing Agents 192

Housing Wire

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 5.94% this week, down from 5.96% during the prior week.

Mortgages 488

Mortgages Fixed-rate mortgage MLS Staging 488

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

Real Estate News

FEBRUARY 1, 2024

Rates have remained relatively stable since December, with the average 30-year mortgage rate posting a modest decline this week.

Mortgages 275

Mortgages 275

Seattle Times Real Estate

JANUARY 31, 2024

Plymouth Housing — which operates permanent supportive housing for nearly 1,200 people — said it’s never come so far on a project to have it end so suddenly.

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Inman

FEBRUARY 2, 2024

Strategic migration, low inventory and a demand for larger spaces have also contributed to rising luxury prices, agents told Inman, depending on the specific market.

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Closing Agents Marketing Mortgages 191

Housing Wire

JANUARY 31, 2024

After months of plaintiffs’ lawyers in commission lawsuits claiming that the National Association of Realtors sets real estate agent commissions, the trade group finally decided to, in its words, “set the record straight.” In a video posted on Wednesday, NAR interim CEO Nykia Wright told viewers that, “the notion that the National Association of Realtors controls what real estate professionals get paid is wholly untrue.

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HR Agents Brokerage Industrial 488

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