Sat.Oct 21, 2023 - Fri.Oct 27, 2023

article thumbnail

Redfin eliminates salaries, pivots to commission model in LA and SF

Inman

Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program.

Agents 187
article thumbnail

Pickleball Helps Florida Broker Net Real Estate Deals

National Association of Realtors: Culture Scan

Pickleball Helps Florida Broker Net Real Estate Deals Jay Granieri of One Sotheby’s International Realty in Fort Lauderdale says America’s fastest-growing sport is a perfect match for finding new leads.

Marketing 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New listings data unfazed by 8% mortgage rates

Housing Wire

The haunted house ride with the bond market and mortgage rates continued this week, but one housing data line hasn’t been spooked. New listing data appears unafraid of the mortgage rate ghost story over the last few months. Unlike last year, when new listings data had a noticeable move lower once mortgage rates reached 6%, 8% mortgage rates haven’t had any noticeable impact on the latest new listings data.

Mortgages 538
article thumbnail

How to Measure the ROI of Real Estate Content Marketing

Realty Biz

Measuring the return on investment (ROI) allows you to track the effectiveness of your campaigns and determine if they are worth the investment. Consider all the factors that contribute to your investment: the cost of the content, advertising spending, software, etc. Benchmarking your performance helps you understand how your real estate content marketing efforts stack up against industry standards.

article thumbnail

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.

article thumbnail

Why Home Prices Keep Going Up

Keeping Current Matters

If you've ever dreamed of buying your own place, or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions changing home prices can stir up.

Marketing 350
article thumbnail

What is the Cost of a Transaction Coordinator in Real Estate?

RIS Media

The world of real estate is known for its complexities, paperwork and intricate processes. Buyers and sellers often rely on professionals to guide them through these intricacies. One such professional is the real estate transaction coordinator (TC). We will explore the role of a transaction coordinator in real estate and the cost associated with their… The post What is the Cost of a Transaction Coordinator in Real Estate?

More Trending

article thumbnail

Complete Guide to Home Warranties

Bigger Pockets

Whether you're a new real estate investor or a seasoned one, understanding the ins and outs of home warranties can make all the difference in preserving your home's value and minimizing unexpected expenses.

Investor 130
article thumbnail

One remarkable year, and one resilient industry

Real Estate News

There’s been no shortage of news — and challenges — in the past 12 months. But real estate pros keep finding ways to win, and we’re proud to tell their stories.

article thumbnail

The Home Buyer Education Most Agents Fail to Deliver

Tom Ferry

If you’re working with buyers, offering a home buyer education is not a perk – it’s a necessity. And too many agents are leaving their clients in the dark. When the real estate legends at 1000watt release a survey, you can bet there are always important lessons to glean from it. But the one they […] The post The Home Buyer Education Most Agents Fail to Deliver appeared first on Tom Ferry.

Agents 109
article thumbnail

Homebuyers have many options; let’s make sure they’re aware of them

Housing Wire

To many, homebuying is a daunting, often confusing process. Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. Thankfully, there are a number of online resources that can help homebuyers navigate the process. The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts.

Title 511
article thumbnail

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.

article thumbnail

The Perks of Selling Your House When Inventory Is Low

Keeping Current Matters

When it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move.

Marketing 354
article thumbnail

Gary Keller says there’s no such thing as a standard commission

Real Estate News

Testimony from the KW co-founder as well as President Marc King closed out week 2 of Sitzer/Burnett, with both leaders denying a conspiracy.

Closing 308
article thumbnail

Tom Ferry podcast video delivers fresh drama at Sitzer | Burnett trial

Inman

On Tuesday, plaintiffs’ attorney Michael Ketchmark played a video of a Tom Ferry interview with Allan Dalton of Berkshire Hathaway HomeServices that drew objections and threatened to derail proceedings.

MLS 198
article thumbnail

Builders enjoy a world of sub-6% mortgage rates

Housing Wire

While existing homebuyers have been battling high mortgage rates for months — which are now at 8% — the builders are wooing buyers with lower rates and incentives. Today, the new home sales data beat expectations and surprised people. However, sales have been rising slowly for some time. Using a low bar of sales from last year, the builder’s incentives have created more sales growth and their significant advantage is that they’re offering lower rates to move homes.

Mortgages 507
article thumbnail

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.

article thumbnail

Invest in Yourself by Owning a Home

Keeping Current Matters

Are you wondering if it makes sense to buy a home right now?

Marketing 351
article thumbnail

NAR might have more paths to victory in commissions cases

Real Estate News

Defendants presented opening arguments during week one of the Sitzer/Burnett trial. An industry lawyer sees two additional ways they might prevail in court.

article thumbnail

How to ensure the best outcomes for clients buying property overseas

Inman

For the past three years, luxury buyers have been on the move. Increased opportunities to work remotely — and, by extension, live remotely — have enabled them to embrace new lifestyles or seek a higher quality of life, whether that means exploring regions and markets with better weather, lower costs, or a more relaxed pace.

Marketing 199
article thumbnail

Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

Housing Wire

As the trial of Burnett v. the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker

MLS 488
article thumbnail

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.

article thumbnail

Affordable Homeownership Strategies for Gen Z

Keeping Current Matters

The idea of owning a home has always been a big part of the American Dream.

331
331
article thumbnail

Plaintiffs zero in on antitrust violations as they wrap their case

Real Estate News

A former NAR committee member called traditional compensation practices “the ultimate form of restraint of trade,” claiming that NAR looked the other way.

284
284
article thumbnail

Broker Spotlight: Brian Fairweather of The Agency Palm Beach

Inman

Find out how this Florida brokerage leader combines selflessness, diligence and patience to achieve remarkable results.

Brokerage 197
article thumbnail

Video: If homebuyer demand is so weak, why aren’t home prices falling?

Housing Wire

Everyone knows that potential homebuyers are waiting for better affordability. But if demand for homes at current prices is down then why haven’t home prices fallen to meet the lower demand? The short answer is that while homebuyer demand is indeed low, new supply remains very low, too. For home prices to adjust significantly, we need an imbalance of supply versus demand, and this market is surprisingly balanced.

Staging 488
article thumbnail

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.

article thumbnail

Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC]

Keeping Current Matters

Here’s what you really need to know about a few myths causing fear in today’s housing market.

Marketing 330
article thumbnail

Defense paints picture of bleak future; plaintiffs strike back hard

Real Estate News

The defense in Sitzer/Burnett called on three experts to discuss the consequences of decoupling commissions, with one facing aggressive cross-examination.

272
272
article thumbnail

Las Vegas brokerage leans into spooky season with ‘Saw’ parody

Inman

Simply Vegas got into the Halloween spirit with their latest recruitment video, a take on the popular "Saw" horror movie franchise.

Brokerage 197
article thumbnail

Gary Keller testifies to close out week two of commission lawsuit trial

Housing Wire

KANSAS CITY, Missouri — The final day of the second week of the Sitzer/Burnett commission lawsuit trial began with some procedural news. After filing a motion for a judgment as a matter of law late Thursday, the National Association of Realtors’ request was denied by Judge Stephen Bough. The other defendants in the suit, HomeServices of America and Keller Williams , had previously filed motions for judgment as a matter of law , but both were denied.

Closing 482
article thumbnail

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.

article thumbnail

Is Having a Buyer’s Broker Really Necessary?

RIS Media

Buying a home is a significant milestone in anyone’s life. It often comes with many decisions and complexities. One of the smartest moves you can make as a homebuyer is to enlist the services of a buyer’s agent. But what does a buyer agent do, and how can they help you in your real estate… The post Is Having a Buyer’s Broker Really Necessary?

Agents 134
article thumbnail

New home sales climb as prices fall

Real Estate News

The median sale price for new homes dropped more than 12% in the last year, while sales shot up, outpacing inventory.

Sales 264
article thumbnail

Late eXp icon Rick Geha honored with $100K fundraiser

Inman

Rick Geha Team founder Rick Geha suddenly passed away one week after eXp's annual conference in Las Vegas. The Geha family is honoring the late agent's memory with a $100,000 fundraiser for the Oakland A's Make-A-Wish Community Fund.

Agents 196
article thumbnail

Mortgage delinquencies ticked up in September: ICE

Housing Wire

While the mortgage delinquency rate remains low compared to pre-pandemic levels , the number of delinquent loans ticked up in September, according to the ICE Mortgage Monitor report. The national delinquency rate climbed to 3.29% in September, which is up 12 basis points from August and up 13 basis points from September 2022. This makes it the second and largest annual increase in the last 2.5 years, however, the delinquency rate remains 71 basis points below the pre-pandemic level of September

Mortgages 482
article thumbnail

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.