RIS Media
DECEMBER 4, 2023
As social media continues to be a go-to source for potential buyers and sellers to find the real estate agent they want to work with. It is important not just for agents but for real estate teams to master the art of social media to stay ahead in the game. Your team’s social media will… The post Team Tactics: Profile Tips to Grow Your Team’s Social Media Presence appeared first on RISMedia.
Housing Wire
DECEMBER 6, 2023
Falling mortgage rates last week brought increased demand. Total home loan applications increased 2.8% for the week ending Dec. 1 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). The 30-year fixed-rate mortgage averaged 7.17% last week. Slower inflation and the confidence financial markets have that we are nearing the end of the Fed ’s hiking cycle has brought mortgage rates to the lowest level since August.
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Easy Agent Pro
DECEMBER 7, 2023
As winter rolls in, real estate agents face a mix of challenges and chances. Although it’s not the typical homebuying season, there’s a unique playing field for those who know how to make the most of it. Let’s dive into effective winter marketing strategies for real estate agents , unlocking the potential hidden beneath the snow. Creating a Cozy Story Winter’s all about warmth and comfort.
Keeping Current Matters
DECEMBER 4, 2023
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future.
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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.
Calculated Risk Real Estate
DECEMBER 5, 2023
Tracking rents is important for understanding the dynamics of the housing market. For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (See from September 2021: Household Formation Drives Housing Demand ). The surge in household formation has been confirmed (mostly due to work-from-home), and this led to the supposition that household formation would slow sharply in 2023 (mostly confirmed) and that asking rents might decrease in 2023 on
Inman
DECEMBER 4, 2023
When luxury real estate agents need to foster their referral networks and forge new professional relationships, industry events are fundamental. But what about when you want to connect with prospective clients?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
DECEMBER 5, 2023
For the third consecutive quarter, single-family growth rates were negative for all geographic sectors of the nation, as exurban areas posted the largest increase in market share for both single-family and multifamily construction, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the third quarter of 2023.
Zillow Market Reports
DECEMBER 7, 2023
The rental market this November displayed a pattern of steady trends punctuated by minor fluctuations. In November, the typical rent across the United States stood at $1,982 according to the Zillow Observed Rental Index (ZORI), reflecting a slight decrease of 0.2% from the previous month. This movement, or lack thereof, aligns closely with the pre-pandemic norms for this time of year, which traditionally saw little to no change month-over-month.
Realty Biz
DECEMBER 5, 2023
The real estate industry is constantly evolving, and so are the marketing techniques used to reach potential buyers and sellers. As technology advances and consumer preferences shift, real estate agents and brokers must adapt their strategies to stay ahead of the curve. Here's a glimpse into the latest developments in real estate marketing techniques that are shaping the industry in 2023 and beyond. 1.
Housing Wire
DECEMBER 7, 2023
Since the 2008 housing crisis , there have been significant changes that prompted the Treasury to place Fannie Mae and Freddie Mac under conservatorship. While the conservatorship has allowed for the mortgage market to be restored to its pre-crisis state and strengthened these two government-sponsored entities (GSEs), there are significant downsides to maintaining the status quo indefinitely.
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.
Keeping Current Matters
DECEMBER 7, 2023
If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first.
Real Estate News
DECEMBER 6, 2023
Buyer’s agents in 2023 were at the center of questions about compensation — and their value. But those who have made it through are confident of their worth.
Inman
DECEMBER 6, 2023
Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is, in fact, losing steam.
Housing Wire
DECEMBER 2, 2023
What a week! Mortgage rates almost fell below 7%, the 10-year yield is below 4.25% again, and people are seriously talking about Fed rate cuts in 2024. Times can change quickly, which is why we created the weekly tracker so you have the information you need in real-time. Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it has created four straight weeks of positive purchase application data.
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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.
Keeping Current Matters
DECEMBER 5, 2023
If you’re thinking about selling your house, you may have heard the supply of homes for sale is still low, and that means your house should stand out to buyers who are craving more options.
Real Estate News
DECEMBER 6, 2023
The Florida Association of Realtors and 16 brokerages are named in the seventh major antitrust case filed by home sellers since the Sitzer/Burnett verdict.
Inman
DECEMBER 6, 2023
In separate lawsuits, homesellers allege the defendants — including Florida Realtors and West Penn MLS — conspired to enforce rules that inflated commissions on the sale of their homes.
Housing Wire
DECEMBER 8, 2023
After today’s jobs report , which showed unemployment at 3.7%, it’s now clear that the Federal Reserve does not need to create a job-loss recession to bring down the growth rate of inflation. The Fed has much to answer for after their massive rate hikes and quantitative tightening policy. These were created to bring down inflation by impacting the labor market but they disproportionally affected housing in a negative way.
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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.
Keeping Current Matters
DECEMBER 8, 2023
Here are the key milestones you’ll encounter on your path to homeownership.
Real Estate News
DECEMBER 5, 2023
Mortgage rates, inventory and prices are expected to improve for homebuyers in the new year as the industry responds to commissions-focused court cases.
Inman
DECEMBER 7, 2023
Nearly 60 percent of millennials said they felt homeownership is more important now than it was for their parents, according to the results of a new survey released earlier this week by Bank of America.
Housing Wire
DECEMBER 7, 2023
Mortgage rates continued their downward trajectory this week as the 10-year Treasury yield dropped below 4.2% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged 7.03% for the week ending Dec. 7, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down significantly from last week ’s 7.22% and up from 6.33% the same week a year ago.
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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.
Keeping Current Matters
DECEMBER 6, 2023
Does the rising cost of just about everything these days make your dream of owning your own home feel less within reach?
Real Estate News
DECEMBER 2, 2023
Trying to keep up with all of the recent lawsuits? Here’s a cheat sheet.
Inman
DECEMBER 7, 2023
People who left Keller Williams for a competitor have begun receiving letters telling them that their profit share earnings will be reduced from 100 percent to 5 percent.
Housing Wire
DECEMBER 6, 2023
In September 2022, the 30-year fixed mortgage rate averaged 6.1%, according to Freddie Mac data. Fast-forward one year, and the rate averaged 7.2%, an expensive difference for many homebuyers (rates have since started to drop ). But compare mortgage delinquencies over the same period: 2.8% in September 2022, 2.8% in September 2023, according to CoreLogic data.
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.
RIS Media
DECEMBER 7, 2023
Embarking on a real estate career can be exciting and rewarding, allowing individuals to thrive in a dynamic and ever-evolving industry. Whether you are considering a switch in careers or entering the workforce for the first time, understanding the intricacies of starting a career in real estate is crucial. In this comprehensive guide, we will… The post What to Know About Starting a Career in Real Estate appeared first on RISMedia.
Real Estate News
DECEMBER 7, 2023
It’s the sixth straight week of declines, coinciding with signals that the economy is cooling.
Inman
DECEMBER 4, 2023
After nearly a decade at Engel & Völkers, Beauchamp said that now was a good time for her to start a new chapter. She landed at Sotheby's largely because of how she believes her clients will be served by the brand's international network.
Housing Wire
DECEMBER 4, 2023
Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. It’s looking like we’ll end 2023 with higher housing inventory than this time last year.
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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