Real Estate News

SEPTEMBER 24, 2024

Agent count is growing, teams are expanding and its new compensation plan — Redfin Next — is going national faster than expected, according to a top exec.

Agents 254

Agents 254

Inman

SEPTEMBER 26, 2024

An environment where the fed funds rate is being cut instead of raised has historically been better for the real estate industry. Now is the time for agents to become the resource for information and professionalism.

Agents 184

Agents Industrial Marketing 184

Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. This comes even as the business practice changes outlined in the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement have been implemented across the country. Real conducted its survey between Aug. 30 and Sept. 15, recording the responses of roughly 300 agents across North America.

Agents 500

Agents Brokerage As-is Mortgages 500

Keeping Current Matters

SEPTEMBER 24, 2024

Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it.

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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

Real Estate News

SEPTEMBER 27, 2024

The new law, which takes effect Jan. 1, allows agreements to be extended — but not automatically. It was created in response to the NAR settlement.

Agents 284

Agents 284

Housing Wire

SEPTEMBER 22, 2024

Have we seen the bottom in mortgage rates for 2024 after a crazy roller coaster ride so far this year? My 2024 forecast had a mortgage rate range of 7.25%-5.75%. To get to the lower end of this range, we needed to see two things: the labor market getting softer and the mortgage spreads improving. This is the double-whammy impact, and that’s what has happened.

Mortgages 511

Mortgages Sales As-is Marketing 511

RIS Media

SEPTEMBER 27, 2024

Traditional marketing methods like generic ads, open houses and run-of-the-mill online listings are effective but often not enough to set you apart in an ever-changing and competitive real estate landscape. Let’s explore three modern marketing strategies that can help you secure more listings in today’s real estate market. Live-hosted virtual tours Research shows that 97%… The post Top 3 Overlooked Marketing Tactics Every Listing Agent Should Use appeared first on RISMedia.

Agents 124

Agents Marketing Industrial 124

Real Estate News

SEPTEMBER 26, 2024

While touring is up, mortgage purchase applications and pending sales are subdued. Inventory shows some promise but “extra stale” listings have increased.

Mortgages 245

Mortgages Sales 245

Inman

SEPTEMBER 26, 2024

Rayse, which the company has positioned as a way of "pushing back against the settlements," is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins.

Industrial 187

Industrial Agents Brokerage As-is 187

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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

Housing Wire

SEPTEMBER 27, 2024

A majority of U.S. veterans are not aware of the fact they can qualify for grants from the U.S. Department of Veterans Affairs (VA) to allow them to age in place, according to survey data from senior advocacy group AARP. Sixty percent of veterans who are 45 and older “are unaware that VA provides grant funding for home modifications , and almost a quarter of veterans say they need financial assistance to modify their homes to continue living there,” according to an article published by the VA.

Renovation 436

Renovation Design As-is Finance 436

Brownstoner

SEPTEMBER 25, 2024

The New York City Planning Commission voted Wednesday to approve Mayor Eric Adams' "City of Yes" zoning overhaul aimed at boosting housing supply across the Big Apple — but the controversial plan must still pass the City Council, where it likely will face strong political opposition. The scheme, known as the… Read More > The post NYC Planning panel greenlights ‘City of Yes’ housing plan — but it still faces tough road in City Council appeared first on Brownstoner.

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Real Estate News

SEPTEMBER 21, 2024

Watch the conversation with Steve Brobeck — whose work has influenced commissions cases and DOJ investigations — as he shares concerns about industry practices.

Industrial 256

Industrial 256

Inman

SEPTEMBER 23, 2024

The American Real Estate Association's call to end NAR's pocket rule has drawn more than 2,000 signatures since Friday, according to group co-founder Jason Haber, a Compass agent.

Agents 193

Agents MLS Brokerage 193

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Loans

Housing Wire

SEPTEMBER 26, 2024

The question from the housing industry after the Federal Reserve ’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? A new report from Redfin suggests that it is already happening. The company analyzed mortgage rate-lock data from Optimal Blue and found that locks have risen 68% this week compared to one month earlier.

Mortgages 442

Mortgages Agents Sales Industrial 442

Seattle Times Real Estate

SEPTEMBER 22, 2024

Pierce County is planning construction of a community for formerly homeless people that brings up questions of the best way to serve people with the most needs.

Construction 134

Construction 134

Real Estate News

SEPTEMBER 26, 2024

The new guide from the National Association of Realtors also explains how concessions (which can be used to pay an agent) differ from offers of compensation.

Seller concession 234

Seller concession Agents 234

Inman

SEPTEMBER 27, 2024

Ready to improve your knowledge and take on some new ideas? Marketing tech expert Stacie Kimberlain offers a list of essential books just right for the current market.

Marketing 187

Marketing Agents 187

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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

Housing Wire

SEPTEMBER 27, 2024

The Asian Real Estate Association of America (AREAA) has honored more than 220 agents and teams on its annual A-List for 2023 sales volume and sides. They will be formally recognized at the AREAA National Convention, Oct. 24-26 in Las Vegas. Together, the 157 agents and 68 teams produced $9.85 billion in sales volume on 10,214 sides. The rankings were created in conjunction with RealTrends Verified.

Agents 413

Agents Equity Sales Industrial 413

Calculated Risk Real Estate

SEPTEMBER 26, 2024

It has been over 18 years since the bubble peak. In the July Case-Shiller house price index released on Tuesday, the seasonally adjusted National Index (SA), was reported as being 74% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 11% above the bubble peak (and historically there has been an upward slope to real house prices).

As-is 116

As-is 116

Real Estate News

SEPTEMBER 23, 2024

A U.S. District Court judge has denied Move’s request for a preliminary injunction and questioned claims of “irreparable harm” to Realtor.com.

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Inman

SEPTEMBER 24, 2024

Most homebuyers will continue to use an agent and most homesellers will continue to cover buyer agent commissions, writes broker-owner Eric Bramlett of Austin-based Bramlett Residential.

Residential 190

Residential Agents Marketing 190

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

Housing Wire

SEPTEMBER 23, 2024

There’s a new brokerage on the block. The recently launched Realty of America (ROA) is a fully virtual brokerage co-founded by CEO Eddie Garcia, President Mark Dimas, chief culture officer Erinn Nobel and chief operating officer Peter Nobel. The firm is launching in 23 markets across the country and has more than 2,000 agents already signed on.

Brokerage 441

Brokerage Technology Equity Agents 441

Brownstoner

SEPTEMBER 27, 2024

Flights of fancy lurk behind the decorous brick facade of 182 Clinton Street, a landmarked four-story Greek Revival townhouse that is the site of the 2024 Brooklyn Heights Designer Showhouse. Benefiting the Brooklyn Heights Association, it opens to the public today and runs through November 3. The mid-19th century dwelling… Read More > The post Local Talent Dazzles With Whimsy, Bespoke Detail at Brooklyn Heights Showhouse appeared first on Brownstoner.

Design 115

Design Renovation 115

Real Estate News

SEPTEMBER 25, 2024

Florida, North Carolina and Texas dominate a new report sizing up the top 10 markets for real estate investment.

Investor 267

Investor Marketing 267

Inman

SEPTEMBER 27, 2024

With inflation continuing to inch closer to the Fed's 2 percent goal in August, bond market investors are getting more confident that the central bank will continue to cut rates aggressively in November.

Banks 180

Banks Mortgages Investor Marketing 180

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Brokerage

Housing Wire

SEPTEMBER 24, 2024

Home prices have reached yet another all-time high, but the pace of growth is slowing. That’s according to the S&P CoreLogic Case-Shiller Index for July, which shows U.S. home prices rising 5% year over year. Growth in major U.S. cities was even higher, as the 10-city composite index was up 6.8% year over year and the 20-city composite index was up 5.9%.

MLS 433

MLS Mortgages Sales Marketing 433

Bigger Pockets

SEPTEMBER 27, 2024

Commercial real estate has felt like a slow-motion car crash over the last two years, but as you continue (or start) investing passively, consider this framework for evaluating risk.

Commercial 114

Commercial Marketing 114

RIS Media

SEPTEMBER 26, 2024

Homeownership: The American Dream. Those buyers who make it happen for themselves and their families know there is very little that will top that feeling of accomplishment. Owning your own home almost always means building financial security. It also means there are very few rules for what you want to do with your property, inside… The post Buyer Turnoffs: How to Make Sure Seller-Client Homes Are as Appealing as Possible appeared first on RISMedia.

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As-is Development Sales Industrial 116