Redfin ramping up, sees a brighter spring ahead
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.
Sat.Sep 21, 2024 - Fri.Sep 27, 2024
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‘The fever has broken’: Action steps for agents after rate cuts
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.
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Is Your House Priced Too High?
Keeping Current Matters
SEPTEMBER 23, 2024
Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible.
Buyers still expect sellers to cover agent compensation
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.
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.
California sets a 3-month limit on buyer agent agreements
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.
Fears of a widespread commission shift are unfounded. Here’s why
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.
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More Trending
More loan buybacks from Freddie Mac are raising eyebrows
Housing Wire
SEPTEMBER 23, 2024
Seller repurchases of Freddie Mac mortgages rose by $430 million in the second quarter of 2024, a 29.1% increase from the first quarter, according to an analysis of public filings by Inside Mortgage Finance. By contrast, sellers of loans through fellow government-sponsored enterprise (GSE) Fannie Mae repurchased $268.5 million in noncompliant loans during the same period, a 27.7% decline from Q1 2024.
‘Unfiltered’: How real estate’s ‘powerful culture’ led to ‘price fixing’
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.
Is that big Fed rate cut a cure-all for the mopey market? The Download
Inman
SEPTEMBER 21, 2024
With this week's half-percent rate cut from the Federal Reserve, agents are hoping sellers will finally get off the fence and loosen up some inventory to get the market moving.
Don’t Fall for These Real Estate Agent Myths
Keeping Current Matters
SEPTEMBER 26, 2024
When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent.
Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage
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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.
Are these the lowest mortgage rates we’ll see in 2024?
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.
Lower rates attract refinancing — are home buyers next?
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.
Court denies Move’s preliminary injunction in suit against CoStar
Inman
SEPTEMBER 23, 2024
California District Judge George H. Wu declined Move's preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of "imminent, irreparable harm.
Why Buying Now May Be Worth It in the Long Run
Keeping Current Matters
SEPTEMBER 25, 2024
Should you buy a home now or should you wait? That’s a question a lot of people have these days.
Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth
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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.
Signs of housing demand surge after interest rate cut
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.
Invitation Homes makes $48 million deal to settle with FTC
Real Estate News
SEPTEMBER 25, 2024
The Federal Trade Commission said the Dallas-based single-family home rental company “preyed on tenants through a variety of unfair and deceptive tactics.
Buyer-broker commissions remain mostly steady since Aug. 17: Survey
Inman
SEPTEMBER 26, 2024
Business has largely continued as usual with 63 percent of agents reporting that sellers are "frequently" covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents.
Buy Now, or Wait?
Keeping Current Matters
SEPTEMBER 27, 2024
If you’re wondering if you should buy now or wait, here’s what you need to know.
Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys
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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.
Is housing affordability improving? Two new reports say yes
Housing Wire
SEPTEMBER 26, 2024
Elevated mortgage rates have strained housing affordability for more than two years. With rates now falling — and more downward movement expected after the Federal Reserve ‘s recent interest rate cut — two new reports suggest that affordability is getting better too. The third-quarter 2024 housing affordability report from Attom says that falling mortgage rates, rising wages and slower home-price growth has made the expenses of buying and owning a home slightly more affordable.
Tech Bytes: News from Zillow, MetroList, Lofty and Revive
Real Estate News
SEPTEMBER 27, 2024
Zillow adds information about flooding, wildfire and other climate risks to its listings; MetroList teams up with StreetWire to offer Home Value Lock.
10 must-read real estate business books perfect for 2024
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.
WA county to replicate Texas’ huge solution to homelessness
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.
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.
Real estate vets team up to launch virtual brokerage
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.
NAR to sellers: Concessions could ‘lead to better, faster offer’
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.
‘I’m back in it’: Reality star Kendra Wilkinson returns to real estate
Inman
SEPTEMBER 27, 2024
Douglas Elliman real estate agent and reality TV star Kendra Wilkinson has announced her return to real estate after taking a brief mental health break, "People" Magazine reported on Friday.
NYC Planning panel greenlights ‘City of Yes’ housing plan — but it still faces tough road in City Council
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.
The Broker Action Plan for the Post-NAR Lawsuit Landscape
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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.
To the moon! Case-Shiller home price index hits another record high
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%.
The best investor opportunities? Look south
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.
NAR rival AREA launches petition to end Clear Cooperation Policy
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.
The Extra Downside Protection I Look For in Investments
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.
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.
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