Real Estate News

OCTOBER 29, 2024

A law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.

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Housing Wire

OCTOBER 28, 2024

After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. In a document filed on Monday in U.S. District Court in Kansas City — less than a month before the NAR settlement is slated for its final approval hearing — Monestier took issue with the business practice changes, sayi

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Inman

OCTOBER 30, 2024

A recent initiative by professional sports organizations is seeking to do what Realtors have been doing for more than a year: Pledging to do more to create inclusive communities.

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Lighter Side of Real Estate

OCTOBER 31, 2024

According to a recent CNBC article , 33% of homeowners are willing to hire a “questionable” contractor in order to save money, defining it as “someone who isn’t exactly honest with the price, may be overestimating their skills, doesn’t do high quality work, or simply doesn’t show up for the project.” As you can imagine, doing so comes with the risk of “getting what you pay for” in the form of shoddy work… if the project gets done at all.

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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.

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Keeping Current Matters

OCTOBER 30, 2024

No one likes making mistakes, especially when they happen in what’s likely the biggest transaction of your life – buying a home.

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Inman

OCTOBER 29, 2024

The property has been acquired by Arizona real estate developer Anita Verma-Lallian, who completed the purchase through a trust. The transaction was facilitated by Brooke Elliott Laurinkus from Christie's International Real Estate Southern California.

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HomeLight

OCTOBER 28, 2024

You may be thinking of selling your home but are still deciding whether you’re in a good position to make a move. Yes, there’s a lot to consider, but there are some simple financial, market, and life meters that can act as a litmus test to help set your course. In this brief post, we’ll provide nine initial “Am I ready?” questions to ask first if you’re thinking of selling your home.

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Keeping Current Matters

OCTOBER 29, 2024

With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market.

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Housing Wire

OCTOBER 29, 2024

In the latest episode of the RealTrending podcast , Amy Stockberger — broker-owner of Amy Stockberger Real Estate — joins Tracey Velt for a tantalizing conversation that covers her teamerage’s unique “Lifetime Home Support” model and other ways that agents can provide value to home buyers and sellers. This interview has been lightly edited for length and clarity.

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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.

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Inman

OCTOBER 28, 2024

At eXp Realty’s first-ever eXpcon Hackathon, held in Miami Beach, Florida, on Oct. 26, industry innovators competed to showcase projects aimed at creating cutting-edge real estate solutions using OpenAI technology, and the brokerage has officially announced the winners.

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RIS Media

OCTOBER 31, 2024

Recent changes that went into effect following the National Association of REALTORS®’ (NAR) proposed settlement* have impacted how agents work with buyers. While some things have changed, many core principles of buyer representation haven’t. What’s changed: Mandatory written buyer agreements. One of the most significant changes is the requirement for written buyer agreements to be… The post Buyer Representation: What’s Changed, and What Hasn’t appeared first on RISMedia.

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Keeping Current Matters

OCTOBER 28, 2024

Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from.

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Housing Wire

OCTOBER 29, 2024

Is home-price growth finally cooling? That’s a question raised by the S&P CoreLogic Case-Shiller Index for August, which showed deceleration on a year-over-year basis and a slight dip relative to July. On a non-seasonally adjusted basis, the national home price index posted a 4.2% gain year over year, less than the 4.8% gain from July. The monthly index fell by 0.1%.

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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.

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Inman

NOVEMBER 1, 2024

Blanket is property management software that centers on portfolio growth rather than reactive, day-to-day oversight of rental properties. It can do the latter, but the former makes it a unique entry to the market worth consideration for anyone who wants become a full-time landlord.

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Marco Santarelli

OCTOBER 27, 2024

Will housing prices drop in 2025 in California? This pressing question is on the minds of many Californians, including homeowners, potential buyers, and investors. California’s real estate market has always been vibrant, with a reputation for soaring property values. However, as economic conditions and demographic trends shift, the nature of this market is changing.

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Keeping Current Matters

OCTOBER 31, 2024

Feeling a bit unsure, or even afraid, to move with everything going on right now?

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Housing Wire

OCTOBER 31, 2024

The real estate industry is racing to find ways that artificial intelligence (AI) can improve business practices. ClearValue Consulting thinks it’s found a way. The firm has partnered with Restb.ai to bring computer vision to its valuation review platform called Certainty. The companies hope Restb.ai’s technology can help ClearValue’s appraisal review clients improve efficiency and quality control while also reducing costs.

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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.

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HomeLight

OCTOBER 28, 2024

Selling your home is a major change, and while it’s definitely exciting to move on to a new chapter in your life, there’s a lot to learn about the process before you get started. One of the most important things that you should keep in mind is that there are several costs you’ll need to pay to finalize your sale. Nationwide, closing costs for sellers can range from 6% and 10% of a property’s sale price.

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Marco Santarelli

OCTOBER 26, 2024

Real estate investing has long been recognized as a cornerstone for building wealth, but as we move into the latter part of 2024, the market presents new complexities and dynamics that require reevaluation. Amid high interest rates and various economic uncertainties, the strategies we employ in real estate investing are undergoing significant transformations.

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Keeping Current Matters

NOVEMBER 1, 2024

Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market.

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Housing Wire

OCTOBER 31, 2024

It’s been one year since the Sitzer/Burnett verdict was rendered in Missouri. What has changed for real estate brokerages since then? (Image generated by AI in Midjourney) Editor’s note: This is the fourth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country.

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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.

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HomeLight

OCTOBER 29, 2024

If you’re about to close on your Alabama home sale, you’re likely wondering how much you’ll owe in closing costs. Nationally, sellers typically pay between 6% to 10% of the property’s sale price in closing costs. Since Alabama’s average sale price sits around $228,283 , sellers pay $13,697 to $22,828 in closing costs on average. To help you get a clearer picture of the closing costs for sellers in Alabama, HomeLight interviewed a leading Alabama real estate agent to put together this comprehensi

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Brownstoner

OCTOBER 30, 2024

The controversial proposal to rezone the Arrow Linen site in Park Slope to make way for two at least 13-story apartment towers has gained the support of Brooklyn Borough President Antonio Reynoso, but Reynoso is calling on developers to deepen the project’s affordability as a condition of his support. Following… Read More > The post BP Backs Controversial Arrow Linen Project, But With More Affordable Units appeared first on Brownstoner.

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RIS Media

OCTOBER 31, 2024

A federal judge today gave a final stamp of approval to settlement agreements struck by nine large brokerages, confirming immunity from seller-filed commission lawsuits despite objections from some other plaintiffs. Judge Stephen R. Bough of the Western District of Missouri oversaw a final “fairness hearing” for the agreements struck by Compass, The Real Brokerage, Realty… The post BREAKING: Judge Approves Copycat Settlements for Nine Brokerages appeared first on RISMedia.

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Housing Wire

OCTOBER 30, 2024

Lower mortgage rates in September had a measurable impact on home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% compared to August and 2.6% year over year. NAR’s index reading of 75.8 is the highest number since March. An index reading of 100 equates to sales activity in 2001.

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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.

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