Inman
JULY 24, 2023
Compass Head of Coaching Courtney Smith said the brokerage's new data-powered Performance Tracker tool will enable agents and team leaders to track gross commission income, sales volume and other data.
RIS Media
JULY 26, 2023
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing market in an advanced state of limbo, with mixed data signals leaving both policymakers and pundits divided on the probable path of the economy. After a “pause” on rate increases in June–the first time the… The post Fed Provides Little Clarity After Raising Rates to 22-Year High appeared first on RISMedia.
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Keeping Current Matters
JULY 27, 2023
Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill.
Housing Wire
JULY 27, 2023
The Federal Reserve , Federal Depository Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) released on Thursday the proposed changes for the Basel III rule (called the Basel endgame), which significantly increases capital requirements for banks. If implemented, the changes will affect the mortgage industry–and trade groups are already coming out in opposition to the new regulation.
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.
Inman
JULY 27, 2023
Former Keller Williams CEO Chris Heller previously served as OJO's chief real estate officer. Jerimiah Taylor, formerly a vice president at OJO, will step into Heller's previous role, the company said.
Realty Biz
JULY 24, 2023
When it comes to selling your home, it's essential to have a solid plan in place. With the right approach, you can maximize your chances of selling quickly and at a favorable price. In this article, we will provide you with valuable real estate tips to help you navigate the selling process successfully. 1. Enhance Your Curb Appeal First impressions matter, especially in real estate.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The Close
JULY 24, 2023
Whether you think it’s great, less-than-ideal, or completely unethical, there’s no question that dual agency is a tricky situation to navigate. Dual agency is when a single real estate agent represents both the buyer and the seller in the same transaction. It can also refer to a transaction where the same real estate team or brokerage simultaneously represents both the buyer and seller.
Mashvisor
JULY 24, 2023
Over the past few years, the Airbnb investment strategy has been a very lucrative way for investors to make money in real estate.
Housing Wire
JULY 28, 2023
High mortgages and stubbornly elevated home prices are worsening the housing affordability crisis. A first-time homebuyer must earn roughly $64,500 per year to afford the typical U.S. “starter” home, up 13% from a year ago, according to a new report from Redfin. In June, the typical starter home sold for a record $243,000, up 2.1% from a year earlier and up more than 45% from before the pandemic.
Keeping Current Matters
JULY 26, 2023
While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low.
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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.
Real Estate News
JULY 22, 2023
Dava Davin, whose firm did nearly $860M in sales volume in the past 12 months, believes a philosophy of altruism has helped her win clients — and agents.
Inman
JULY 27, 2023
With 30 years of experience at some of the world's most recognizable brands, the newly-minted Better Homes and Gardens Real Estate president spoke to Inman about settling into her new role.
Housing Wire
JULY 26, 2023
United Wholesale Mortgage (UWM), the country’s largest wholesale lender, expanded its debt service coverage ratio (DSCR) loan options to four after launching its first product in March. Dubbed “Investors Flex,” the non-QM product for real estate investors, offered purchase and refinance loans up to $2 million that could be used to finance up to 20 properties by using each property’s monthly rental income to qualify.
Keeping Current Matters
JULY 25, 2023
If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices?
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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.
Real Estate News
JULY 26, 2023
Realtracs CEO Stuart White believes the MLS landscape could look very different in a post-"cooperation and compensation" future.
Inman
JULY 28, 2023
The suit accuses now ex-CEO Mike Mercurio of using association credit cards for personal purchases, inflating his vacation time and selling items that the association paid for on eBay.
Housing Wire
JULY 28, 2023
Outsiders to the real estate industry may assume that the tight market has real estate agents hanging up their hats. In reality, today’s agents are seizing the market and feeling confident. Real estate agents are still confident in the industry and the market. Even as the housing market comes down from its COVID-19 pandemic highs, there are houses to be sold and deals to be made.
Keeping Current Matters
JULY 24, 2023
If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market.
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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.
Real Estate News
JULY 28, 2023
The system of sellers funding commissions, which are then shared between seller and buyer agents, goes back more than 100 years. Is it time for a change?
Inman
JULY 28, 2023
Bryan Knisley previously ran his own brokerage and completed stints at RE/MAX and Keller Williams. He's bringing 27 agents with him to eXp, according to the company.
Housing Wire
JULY 27, 2023
When you think about a real estate team , you automatically think they must be more productive than individual agents, right? Not so fast. Clearly, over the last decade, teams have grown far faster than individual agents in terms of closed transactions. This is not unexpected, as teams have the ability to scale their business far easier and faster than an individual agent.
Keeping Current Matters
JULY 28, 2023
If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.
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.
Real Estate News
JULY 23, 2023
More people are moving closer to beaches and further from urban centers to places with city amenities and lower housing costs, according to a new report.
Inman
JULY 27, 2023
With the gross domestic product eclipsing expectations in 2Q, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction.
Housing Wire
JULY 26, 2023
The Federal Reserve (Fed) raised the federal funds rate 25 basis points to the 5.25 to 5.5% range on Wednesday, its highest level in 22 years. While the markets have already “priced in” this rate hike, which was widely expected, most investors are already wondering what it would take for the central bank to lift rates again later this year. For the housing market, that likely means a few more months with mortgage rates above 6%.
Realtors Property Resource
JULY 26, 2023
REALTORS® are using RPR data and video email software to their advantage. Get tips and techniques to help create video CMAs that amaze! The post How to Create Video CMAs That Connect and Convert appeared first on Realtors Property Resource (RPR).
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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.
Real Estate News
JULY 25, 2023
The Case-Shiller index for May shows steady home price growth since January and a slight dip compared to this time last year.
Inman
JULY 25, 2023
Despite struggles in the commercial space dating from the beginning of COVID, some commercial brokerages have found a way to thrive, writes Atman Real Estate CEO Victoria Kennedy. Here's what they're doing.
Housing Wire
JULY 24, 2023
Doug Danzey describes himself as a natural trainer and mentor. So when he found himself helping more and more new agents, he decided to fold his mentorship work into his real estate business, and thus The Cobalt Group was born. “I saw the direction things were going in and I thought that it only made sense for me to form a team and get paid for the work I was doing,” Danzey, whose team is brokered at eXp Realty , said.
Maximum Exposure Real Estate
JULY 26, 2023
What to Know About Septic Systems Inspection Costs Are you wondering how much a septic inspection costs? Septic inspections play a crucial role in ensuring the functionality and integrity of septic systems. These inspections vary in type, whether routine, for buying or selling a house, maintenance-related or to address system issues. The cost of a […] The post How Much Does a Septic Inspection Cost?
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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