Keeping Current Matters

AUGUST 21, 2024

In today's housing market, many sellers are making a critical mistake: overpricing their houses.

Marketing 340

Marketing 340

Housing Wire

AUGUST 17, 2024

Have lower mortgage rates already started to slow down housing inventory? I have a simple weekly growth model with the Altos inventory data: when rates are high, over 7.25%, inventory should grow between 11,000-17,000 weekly. This has happened six times this year and even though that would be an average inventory growth level with higher rates, it didn’t happen even once last year.

Mortgages 518

Mortgages Banks Sales As-is 518

Real Estate News

AUGUST 17, 2024

Important practice changes required by the NAR settlement take effect today, affecting buyer agent agreements and compensation. “We are in this together.

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Agents 314

Inman

AUGUST 22, 2024

The suit accuses NAR and major franchisors of breaking antitrust laws. The company's complaint includes alleged text messages in which agents refused to show Homie listings.

Agents 198

Agents MLS Brokerage 198

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

Keeping Current Matters

AUGUST 23, 2024

While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.

Sales 304

Sales 304

Housing Wire

AUGUST 23, 2024

Federal Reserve Chair Jerome Powell said on Friday that “the time has come for policy to adjust,” signaling a cut in the federal funds rate at the September meeting of the Federal Open Market Committee (FOMC) as expected by monetary policy watchers. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks,” Powell said during a speech at the Kansas City Fed’s annual conference in Jackson Hole, Wyoming.

Mortgages 493

Mortgages Loans Marketing As-is 493

Inman

AUGUST 21, 2024

Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first bombshell antitrust lawsuit, sounds alarm against Realtor talking points that "continue steering.

MLS 193

MLS Brokerage Agents Marketing 193

Keeping Current Matters

AUGUST 19, 2024

If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind.

Mortgages 324

Mortgages 324

Housing Wire

AUGUST 22, 2024

In a lawsuit filed Thursday, real estate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the real estate industry’s allegedly anticompetitive practices. Defendants in the lawsuit, which was filed in U.S. District Court for the Central District of Utah, include the usual cast of antitrust lawsuit characters: the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America , and RE/MAX.

MLS 482

MLS Brokerage Residential Technology 482

Real Estate News

AUGUST 19, 2024

The transformative newspaper exec moves into the permanent CEO role at the National Association of Realtors — the U.S.’s largest trade association — this week.

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287

Advertisement

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

Inman

AUGUST 22, 2024

Doug Millier and Wendy Gilch of Consumer Advocates in American Real Estate revealed to Inman on Tuesday the origins of the Moehrl case while sending a warning that the industry will be "under a microscope.

Industrial 190

Industrial MLS Brokerage Agents 190

Keeping Current Matters

AUGUST 20, 2024

Selecting the right real estate agent can make a world of difference when buying or selling a home.

Agents 305

Agents 305

Housing Wire

AUGUST 22, 2024

How did existing home sales grow with all the recent negative press about demand? We were told lower mortgage rates wouldn’t affect demand positively. However, if you track the forward-looking indicators, it can explain this bounce in demand. First, we have to put context into the bounce: we are working from the lowest levels ever in home sales, so any small, minor move in purchase application data can bounce sales from here.

Sales 492

Sales Investor Marketing As-is 492

Real Estate News

AUGUST 23, 2024

Watch the conversation with analyst John Campbell on the winners — and “not winners” — among public real estate firms, plus a bold guess about agent attrition.

Agents 282

Agents 282

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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

Inman

AUGUST 23, 2024

"Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law," Attorney General Merrick Garland said on Friday.

Technology 192

Technology Agents 192

Keeping Current Matters

AUGUST 22, 2024

Have you ever heard the phrase: don’t believe everything you hear?

Marketing 327

Marketing Mortgages 327

Housing Wire

AUGUST 19, 2024

More than four in 10 distressed properties purchased at auction are in underserved neighborhoods with low incomes or high minority populations, neighborhoods that often have been overlooked and left behind. “Those areas that I’m now developing I grew up in. And I remember being in those areas without hot water. I remember what it’s like to have slumlords,” said Jermaine Morgan, a Columbus, Georgia-based local community developer who purchases distressed property at auction.

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Renovation Investor Development Finance 476

Real Estate News

AUGUST 22, 2024

Top execs discussed how the company is addressing industry practice changes, including its intention to display compensation on its listings.

Industrial 273

Industrial 273

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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

Inman

AUGUST 17, 2024

The best real estate agents will thrive, the profession will be elevated, rot will be removed and the brands that are built on trust and integrity will rise to the top, Inman founder Brad Inman writes.

Branding 196

Branding Agents MLS Brokerage 196

Seattle Times Real Estate

AUGUST 21, 2024

Officials are offering tax breaks and regulatory relief as fewer office workers return to once-busy areas. In Seattle, nearly a third of downtown office space is empty or available for sublease.

As-is 139

As-is 139

Housing Wire

AUGUST 19, 2024

The landmark date of Aug. 17, 2024 , has come and gone, and the real estate industry is still plugging along, despite the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement now being implemented nationwide. In the Greater Boston area, Linda O’Koniewski , the broker-owner of Leading Edge Real Estate , described the first few days of the business practice changes as “uneventful.

Purchase and sale agreement 476

Purchase and sale agreement Agents MLS Seller concession 476

Real Estate News

AUGUST 20, 2024

The pendulum is swinging in buyers' favor this fall. See which three trends could finally give them some leverage.

Marketing 295

Marketing 295

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

Inman

AUGUST 19, 2024

In a phone interview, lead plaintiffs' counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow's business model, and the "monster case" that remains.

MLS 187

MLS 187

Seattle Times Real Estate

AUGUST 23, 2024

Washington Attorney General Bob Ferguson’s office estimates that landlords have used the software to set rents for 800,000 Washington leases since 2017.

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127

Housing Wire

AUGUST 20, 2024

Keller Williams is doing its best to live up to its reputation as a brokerage firm heavy on agent education. On Monday, the firm announced the launch of an agent resource webpage known as “Buyer and Seller Agent Tools to Thrive.” The resource guide is focused on helping agents navigate the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement.

Agents 459

Agents Brokerage Industrial As-is 459

Real Estate News

AUGUST 22, 2024

The Fed is expected to cut interest rates next month, but it could take a big drop to spur a rebound in sales — though things are starting to look up.

Mortgages 250

Mortgages Sales 250

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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

Inman

AUGUST 22, 2024

Seattle-based brokerage and portal Redfin laid off almost 100 Redfin Concierge support and sales managers on Thursday. The company said agents will now take the lead on Concierge services.

Brokerage 188

Brokerage Agents Sales Technology 188

BAM Media

AUGUST 17, 2024

August 17th is upon us. And every real estate agent in the country knows what that means (or they should). The new rules NAR agreed to back in March are officially the law of the land for real estate agents in the U.S. Two key changes going into effect today: Offers of buyer agent compensation can no longer be included in the MLS (but sellers are still allowed to make such offers when discussing terms) Real estate agents must have a signed Buyer Representation Agreement before giving tours to

Brokerage 128

Brokerage Agents Industrial MLS 128

Housing Wire

AUGUST 20, 2024

As the cost of living remains elevated, more seniors — even those in “senior strongholds” like South Florida — are choosing to return to work. This pattern among seniors living in and around Fort Lauderdale was recently profiled in an article in the South Florida Sun Sentinel. It falls in line with a broader national trend indicating that nearly 20% of Americans ages 65 and older remain in the workforce, totaling about 10.6 million people.

As-is 492

As-is Finance 492

Real Estate News

AUGUST 20, 2024

A suburb of Columbus, OH, once again tops Realtor.com’s ranking of the most wanted ZIP codes. Massachusetts, meanwhile, has three spots in the top 10.

Marketing 240

Marketing 240

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