Inman
JANUARY 4, 2024
More than 80 percent of real estate agents work for small brokerages with fewer than 25 agents, and the average is seven, Brad Inman writes. But their might was on full display in 2023.
RIS Media
JANUARY 4, 2024
When buying or selling a home, you must remember various financial considerations. One such aspect is seller credits, which can play a significant role in real estate transactions. Seller credits, or concessions, are essential for buyers and sellers to understand. They are financial incentives homesellers offer buyers as part of the closing process.
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Marco Santarelli
JANUARY 1, 2024
I came up with the following rules of successful real estate investing over my many years of successes and failures. These are the same rules I follow today and share with our clients at Norada Real Estate Investments. 10 Rules of Successful Real Estate Investing 1. Educate Yourself Knowledge is the new currency. Without it you are doomed to follow other people’s advice without knowing if it’s good or bad.
Keeping Current Matters
JANUARY 1, 2024
If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.
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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.
Housing Wire
JANUARY 2, 2024
The “ silver tsunami ” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on the housing market this year, according to analyst Meredith Whitney in a conversation with Yahoo Finance. “[T]he other major demographic trend you see is the aging of America,” Whitney said.
Bigger Pockets
JANUARY 3, 2024
Mortgage rates have been on the decline and are expected to keep falling. What does that mean for inventory and home seller attitudes this year? Here's what you need to know.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Brownstoner
JANUARY 2, 2024
An affordable housing lottery has launched for 87 apartments in a new development on Fort Greene’s South Portland Avenue. The site formerly belonged to an orphanage and is now among a row of church-owned properties. The 13-story Hanson Place Community Plaza development at 142 South Portland Avenue has 104 units total.… Read More > The post Affordable Housing Lottery Opens for Fort Greene Apartments Starting at $910 a Month appeared first on Brownstoner.
HomeLight
JANUARY 3, 2024
Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” Crestfallen, you move on and hope you’ll find an equally amazing home. But what does “under contract” mean in real estate? Can you still make an offer on a home that’s “under contract”? In this post, we’ll explain the “under contract” listing status tag.
Realty Biz
JANUARY 4, 2024
One of the more researched topics in real estate is appraisals. There are numerous questions that buyers frequently ask real estate agents or through online searches. Whether you are buying or selling a home, it is essential to have a firm grasp of home appraisals. Property valuations can have significant impacts on prospective homebuyers and homeowners.
Housing Wire
JANUARY 2, 2024
The last week of data for the year U.S. real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. Inventory is slowly but steadily increasing over last year, which means slightly more options for buyers this spring. Sales rates are climbing. We have more homes going into contract each week now than we did a year ago — supply and demand are climbing together.
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
JANUARY 3, 2024
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market.
Real Estate News
JANUARY 3, 2024
Membership fell by more than 17,000 from November to December, and the association posted its first annual decline in more than a decade.
Inman
JANUARY 4, 2024
Agent "glut" means part-timers are now the majority, leading to "widespread incompetence and pressure to maintain high commission rates," according to the Consumer Federation of America.
Housing Wire
JANUARY 1, 2024
The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. However, a yearly forecast has limitations and in this crazy housing and economic cycle, if people give you a yearly forecast without guidance as variables change, you’ll be dealing with stale 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
JANUARY 4, 2024
If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip.
Real Estate News
JANUARY 4, 2024
Interest rates were nearly flat in the first week of 2024, ticking up slightly after nine weeks of declines.
Inman
DECEMBER 31, 2023
Because we're sure you remember these stories all too well, we'll just get to it without further ado. Here are the top news stories of 2023, ranked by readership.
Housing Wire
DECEMBER 30, 2023
Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow. Those reading the tracker would have understood why the housing market dynamics shifted on Nov. 9, 2022, and they’ll be ready for what’s coming next.
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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
JANUARY 2, 2024
If your listing has expired and your house didn’t sell, it's completely normal to feel a mix of frustration and disappointment.
Real Estate News
JANUARY 2, 2024
MoxiWorks predicts home sales will increase 8% year-over-year in January, which could bolster economist predictions of a rebound in 2024.
Inman
JANUARY 2, 2024
Fourteen of the real estate industry's biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new year.
Housing Wire
JANUARY 5, 2024
Slowing job growth doesn’t mean a recession, but today’s jobs report tells me that the significant job gains we were accustomed to in the early part of the COVID-19 recovery period are ending, which ties nicely to how I thought labor would recover after COVID. Even though the headline number on the report today beat estimates, we are entering a new phase of the economic cycle, which means you need to know where to look to get clues for a recession.
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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
JANUARY 5, 2024
Planning to buy a home in 2024? Here’s what to focus on.
Real Estate News
JANUARY 2, 2024
Robert Reffkin got a hefty cash bonus and a raise for 2024, but he had to give up a stock plan worth upwards of $25 million.
Inman
JANUARY 4, 2024
The membership of the National Association of Realtors shrank by 1.7 percent last year as the trade group weathered a tough market and major lawsuits.
Housing Wire
JANUARY 3, 2024
A secondary school teacher in Colorado makes on average just under $63,000, according to the Bureau of Labor Statistics. If a Colorado teacher making the average salary had $20,000 to put towards a down payment and were willing to spend 30% of their pre-tax salary on their mortgage payment, she could afford a house that cost about $225,000. That’s a problem when a typical Colorado home – as defined by Zillow ‘s Home Value Index – costs more than $528,000.
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.
Seattle Times Real Estate
JANUARY 3, 2024
Converting offices into housing is a popular idea, but tricky to execute. Seattle could soon get its first conversion project.
Real Estate News
JANUARY 2, 2024
The family-run company may not project the flashy style of some other firms, but it offers substance, with a successful growth strategy and continued momentum.
Inman
DECEMBER 30, 2023
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Housing Wire
JANUARY 5, 2024
Top-10 mortgage lender Guaranteed Rate has filed a lawsuit against retail rival New American Funding over poaching. But this isn’t your standard poaching lawsuit: G-Rate alleges that NAF has wooed at least 30 employees since early 2023 via illegal loan officer compensation practices. Despite the rise in poaching lawsuits in a competitive market, it’s the first time a large lender has publicly accused a competitor of violating the LO comp rule by allowing their salesforce to manipula
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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