Sat.Aug 26, 2023 - Fri.Sep 01, 2023

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Zillow’s 1% Loans Have Little to Do With Helping First Time Home Buyers

Propmodo

Subscribers Only Newsletter Propmodo’s weekly perspective on commercial real estate and things interesting to real estate executives. Curated by Franco Faraudo. View Archive Become a Subscriber Zillow has become the most popular residential real estate portal in the U.S. They did this by becoming masters of lead generation. Their first big win was their Zestimate, which allowed homeowners and prospective home buyers to see an algorithmically created estimated property value for any home in

Loans 104
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Championing High-Performing Homes and Sustainability

RIS Media

Raised in a household with an eye on minimizing waste and maximizing sustainability, Nova Tower’s upbringing and lifelong commitment to environmental responsibility is what ultimately set her on the path to help lead Portland, Maine-based Waypoint Brokers Collective—the first and only agency in Maine to earn the National Association of REALTORS®’ (NAR) Green Designation.

Design 111
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5 Benefits of Using Virtual Staging in Real Estate Listings 

Lab Coat Agents

It likely comes as no surprise that a majority of homebuyers start their property hunt online. According to the National Association of Realtors (NAR), 41% of home buyers looked online for properties as their first step in the process. This trend highlights just how important photos are in real estate listings. Images featured in listings must immediately capture attention and effectively present the space.

Staging 98
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Buyer Traffic Is Still Stronger than the Norm

Keeping Current Matters

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are?

Mortgages 321
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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.

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How can I promote my real estate website by using infographics?

Realty Biz

Promoting your real estate website using infographics can be a potent strategy. Infographics are visual representations of data or information, and they are excellent for simplifying complex topics, displaying patterns, and generating interest. Here are steps and ideas for using infographics to promote your real estate website: Timeline Creator infographic template. 3-step timeline journey, calendar Flat simple infographics design template. presentation graph.

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‘You’re so vain’: The illusion created by vanity metrics

Inman

Strategically positioning yourself and evaluating your performance with the metrics that matter will put you ahead of the competition, according to consultant Diana Zaya.

Brokerage 190

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August 2023 Commercial Real Estate Market Insights

NAR: Economic Outlook

August 2023 Commercial Real Estate Market Insights While recent economic and market indicators remain mixed, commercial real estate continued to slow down in July 2023.

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Follow This Home Maintenance Schedule To Keep Your House in Top-Selling Condition

HomeLight

If a pipe bursts in the kitchen, you’re immediately on the phone with a plumber in one hand and scooping water into buckets with the other. But dirty gutters? A leaky faucet? That deep crack in the driveway? It can always be put off until tomorrow; that is, if these issues cross your radar at all. Homeowners procrastinate making necessary repairs for 10 months on average , according to a recent study by Consumer Affairs.

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Inventory Watch

BubbleInfo

A tough week – the number of active listings went up by 24, and the pendings count dropped by ten – which sounds like a bunch of escrow fallouts. We should be facing an epidemic of escrows falling apart.

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Why the Fed is celebrating after jobs week

Housing Wire

Jobs week cleared up the skies for the Federal Reserve members, who are smiling — big time — after a series of data lines gave them what they wanted: a softer labor market! While the labor market isn’t breaking , it has become more pliant in the data lines the Fed focuses on. After Friday’s jobs report , which had some one-time variables, we can say that the economy is heading into an area where the Fed will feel much more comfortable, and we should not have any more rate hikes.

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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.

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How Inflation Affects the Housing Market

Keeping Current Matters

Have you ever wondered how inflation impacts the housing market?

Marketing 340
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Ex-Zillow CEO: NAR lawsuits ‘a seismic event’ for agents, portals

Real Estate News

Spencer Rascoff said home search portals may need to pivot in a world where buyers agents are no longer paid via the listing agent’s commission.

Agents 313
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NAR throws support behind Bob Goldberg in face of growing unrest

Inman

Support for the embattled CEO, who many expected to announce his early retirement as a result of a fast-moving harassment scandal, came late Thursday with a statement from new president Tracy Kasper.

MLS 205
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NAR’s Kenny Parcell resigns after sexual harassment allegations

Housing Wire

Two days after a New York Times exposé of alleged sexual harassment and a culture of fear at the National Association of Realtors , President Kenny Parcell announced his resignation. Parcell was called out for alleged sexual harassment by 16 of the more than two dozen current and former NAR employees interviewed by the Times. “I am deeply troubled by those looking to tarnish my character and mischaracterize my well-intended actions,” Parcell wrote in a letter to NAR’s Executive Committee and Boa

MLS 482
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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.

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Why You May Still Want To Sell Your House After All

Keeping Current Matters

Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider.

Mortgages 339
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NAR president resigns in the wake of sexual harassment allegations

Real Estate News

Just two days after the New York Times published claims of harassment, retaliation and intimidation at the association, Kenny Parcell has stepped down.

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Homebuyer mortgage demand picks up for 1st time in 6 weeks

Inman

After dipping to the lowest level since April 1995, applications for purchase mortgages edge up 2 percent week over week but are still down 27 percent from a year ago as mortgage rates retreat from 2023 highs.

Mortgages 196
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Announcing the 2023 HW Insiders!

Housing Wire

In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations. Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. This year 75 honorees were honored as HW Insiders.

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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.

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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Keeping Current Matters

Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.

Equity 334
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NAR pocket listing case goes back to the courts on appeal

Real Estate News

A case filed by the Top Agent Network targeting NAR's Clear Cooperation policy was reinstated after previously being dismissed in 2021.

Agents 299
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What should happen next at NAR?

Inman

Who's in a position to decide what should happen, and what's next for the leadership at The National Association of Realtors?

Agents 196
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Logan Mohtashami on CNBC: How rates are impacting supply

Housing Wire

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC‘s Squawk on the Street on Wednesday to talk about the health of the housing market , and more specifically about today’s pending home sales data. Mohtashami explained how demand for existing homes is still trending near 21st-century lows. As long as mortgage rates stay near 23-year highs, Mohtashami believes we will see softness in data.

Mortgages 468
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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.

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Gen Z: The Next Generation Is Making Moves in the Housing Market

Keeping Current Matters

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence.

Marketing 227
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NAR stands with CEO amid turmoil

Real Estate News

NAR leaders affirmed Bob Goldberg as CEO during an emergency meeting days after the association’s president resigned following sexual harassment allegations.

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John Davis files a racketeering lawsuit against Keller Williams

Inman

Three months after a Texas judge sent former Keller Williams CEO John Davis' $300 million fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims.

Brokerage 196
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Mortgage rates drop but still at 22-year high

Housing Wire

Mortgage rates ticked down modestly after job openings data for July came out yesterday, but rates remain elevated. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Aug. 31, down from last week ’s 7.23%. By contrast, the 30-year fixed-rate mortgage was at 5.66% a year ago at this time.

Mortgages 448
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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.

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Another Seattle Bartell Drugs to close amid Rite Aid bankruptcy rumors

Seattle Times Real Estate

The closure of the Bartell Drugs store in the Uptown neighborhood leaves Seattle without a 24-hour pharmacy.

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What MLSs should do now to prepare for commissions lawsuits

Real Estate News

A proactive approach could help MLSs better manage any potential changes to their business models.

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Agents: Kenny Parcell’s resignation is the ‘beginning’ of fixing NAR

Inman

Agents and industry leaders said National Association of Realtors President Kenny Parcell's resignation is the first step in making the organization safer for female employees and members.

Agents 195
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Pending home sales rose 0.9% in July

Housing Wire

Mirroring the trend for new home sales (+4.4%), pending home sales rose 0.9% in July, according to data released Wednesday by the National Association of Realtors (NAR). Year over year, pending home sales were down 14%, a smaller decrease than the 15.6% annual drop recorded in June. However, unlike the market for new homes , which has recovered convincingly above last year’s lows (+31.5%), pending home sales continue to lag behind year-ago levels (-14.0%).

Sales 448
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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.