Realty Biz

JULY 17, 2023

Today’s near-record-low inventory levels give those brokerages with listings a greater advantage than ever before. While agents are scouring the market to acquire listings, it's easy to get discouraged as they potentially farm in the wrong places. This is where the power of predictive analytics comes into play. By harnessing advanced algorithms and data-driven insights, predictive analytics enables real estate professionals to proactively identify homes that are more likely to come on the mark

Brokerage 92

Brokerage Agents Marketing Industrial 92

Inman

JULY 20, 2023

The best thing you can do for the acceleration of your real estate team, Erin McCormick Torres writes, is to attract, hire and drive immediate production for like-minded recruits.

Brokerage 144

Brokerage Agents 144

Keeping Current Matters

JULY 17, 2023

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.

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RIS Media

JULY 18, 2023

Above: Rob Thomson In an era where many brokerages are cutting costs and shrinking in the face of a downturn in the market, luxury broker Rob Thomson of Jupiter, Florida, is doing the exact opposite. He has just committed a $1.5 million contract to long-term technology and marketing partner Real Estate Webmasters (REW) in order… The post Jupiter Broker Rob Thomson Makes Million-Dollar Bet on AI + Global MLS appeared first on RISMedia.

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MLS Technology Brokerage Marketing 98

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.

Industrial

Housing Wire

JULY 20, 2023

Rocket Companies , the parent of Rocket Mortgage , offered another round of buyouts to its employees on Wednesday, a spokesperson confirmed to HousingWire. The buyout follows two rounds in 2022, in April and August, which resulted in a workforce reduction of about 30% last year. “Yesterday, we offered a voluntary career transition opportunity to several teams within the organization to better align resources with the needs of both our business and today’s mortgage market,” Mike

Loan Officer 370

Loan Officer Title Mortgages Banks 370

GeekEstate

JULY 20, 2023

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Highnote] Combining high-end design and marketing assets in a drag and drop interface, Highnote’ presentation and proposal platform provides real estate agents with a sales and marketing suite to showcase listings, neighborhoods, and their personal brand to leads, clients, and customers.

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Branding Design Sales Agents 98

Real Estate News

JULY 20, 2023

The nation’s second-largest MLS says this move highlights the “complete flexibility” of Bright subscribers to have “transparent negotiations with clients.

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MLS 246

Real Trends

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. This may be the result of fewer listings and slower sales, but we do not know for certain. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract.

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Purchase and sale agreement Brokerage Agents Sales 78

Housing Wire

JULY 21, 2023

The nation’s second largest multiple listing service , Bright MLS , will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. This change appears to possibly diverge from a National Association of Realtors rule, which states that listing agents must make an offer of cooperative compensation to buyer brokers in order to list a property on the MLS.

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MLS Agents Brokerage As-is 370

Keeping Current Matters

JULY 21, 2023

According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.

Marketing 239

Marketing 239

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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.

Brokerage

Real Estate News

JULY 21, 2023

A correction doesn't seem likely this year, but things could improve in 2024 if mortgage rates settle around 5%, says economist Matthew Gardner.

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Marketing Mortgages 245

Inman

JULY 20, 2023

The 2023 Inman Innovator Awards finalists range from true upstarts to established players, with each offering a new vision for real estate. Winners will be announced live in Las Vegas, Aug. 8-10.

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Brokerage Agents 148

Housing Wire

JULY 18, 2023

Minneapolis-based U.S. Bank , the fourth-largest U.S. mortgage lender, is laying off staffers in its mortgage division this week, a spokesperson confirmed on Tuesday. The announcement follows a decline in its mortgage originations in the first quarter of 2023 – the second-quarter earnings will be released on Wednesday morning. The current jobs cut also comes amid rumors that depositary lenders would see changes to their residential mortgage capital requirements under the Basel III regulations.

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Banks Mortgages Residential Lending 370

Keeping Current Matters

JULY 19, 2023

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them.

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Mortgages Marketing 230

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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

Real Estate News

JULY 20, 2023

The 30-year fixed-rate mortgage averaged 6.78% this week, down from nearly 7% a week before, suggesting that cooling inflation is having an effect.

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Fixed-rate mortgage Mortgages 231

Inman

JULY 17, 2023

Not all real estate is created equal, and specializing in new developments requires its very own skill set, distinct from the resale market. If you’re thinking about getting into new development sales, here are five key considerations.

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Development Marketing Sales Agents 148

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. In such an environment, buyers may feel pressure to bypass steps in the transaction to make their bid more attractive to the seller, but they should be wary that taking shortcuts can expose them to fraud.

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Title Land Industrial Sales 370

Keeping Current Matters

JULY 18, 2023

Before you decide to sell your house, it’s important to know what you can expect in the current housing market.

Marketing 237

Marketing 237

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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

Real Estate News

JULY 18, 2023

NWMLS launches app; New Mexico MLS adopts Aligned Showings; CRMLS updates member dashboard; iGo acquires products; Clear Capital integrates with ICE API; more.

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MLS 209

Inman

JULY 17, 2023

Undeterred by elevated mortgage rates, homebuyers battling over scant inventory pushed June's median sales price to the second-highest level in history, according to new data released Monday by Redfin.

Sales 147

Sales Mortgages Agents Marketing 147

Housing Wire

JULY 19, 2023

The dour housing market over the past 18 months has thrust struggling independent mortgage lenders (IMBs) into what seems like a pot of water that is coming slowly to a boil. As the heat rises, so too does the number of lenders seeking to exit the market. The trajectory of merger and acquisition (M&A) deals bears that reality out. The pace of M&A deals in the IMB market in 2022 and projected for 2023 combined is expected to be more than double the mark set during the unicorn lending year

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Mortgages Purchase and sale agreement Loans Industrial 370

HomeLight

JULY 19, 2023

Planning how to sell a house full of stuff, whether it’s inherited or your own, is a tough task often complicated by emotions. With the death of a loved one , making funeral arrangements, dealing with grief, and managing an estate are hard enough and harder still when you have to sell a house filled with memories and belongings. If the home is yours, and you’ve decided to downsize to a smaller house, letting go of personal items you’ve collected through the years — and grown attached to but will

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Homeowner’s association Closing Sales Mortgages 122

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

Real Estate News

JULY 18, 2023

While rising interest rates have slowed the rate of increase, confidence is at its highest level in more than a year.

As-is 243

As-is 243

Inman

JULY 17, 2023

Summer is in full swing, and the real estate market is heating up along with the weather. It's time to update your marketing for the season, Rainy Hake Austin writes.

Marketing 148

Marketing Brokerage Agents 148

Housing Wire

JULY 16, 2023

We finally got a break on mortgage rates last week as the 10-year yield hit a critical level and quickly reversed lower, sending mortgage rates down. Active listings showed growth, week to week, but much smaller than I would like to see. Purchase application data showed some growth weekly, keeping alive the streak of more positive data than negative data year to date.

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Marketing Mortgages Sales Land 370

1000Watt

JULY 21, 2023

Hi, it’s Taylor Swift. Home is a special place. Growing up, home was where I felt most free to be myself. I know you have that feeling too. It’s in all of us. Finding a home in which you can live your best life is a journey, and it’s so important to have someone you trust to guide you. I have come to understand just how important having that person is when buying or selling a home.

Agents 98

Agents Branding Residential As-is 98

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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

JULY 15, 2023

Broker-owner Adam Conrad of Perry Wellington Realty describes the challenges of navigating seven different MLSs as the slow journey to consolidation continues.

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MLS Agents 205

Inman

JULY 20, 2023

Starting Aug. 9, the nation's second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright.

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MLS 148

Housing Wire

JULY 17, 2023

Intercontinental Exchange (ICE) and Black Knight agreed to sell Black Knight’s product and pricing engine unit Optimal Blue business to a subsidiary of Canada’s Constellation Software in an effort to save the merger deal. The $700 million proposed transaction includes a payment by Constellation of $200 million in cash, with the remainder financed by a $500 million promissory note issued by Constellation to Black Knight, as a subsidiary of ICE, at the closing of the transaction, the two companies

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Closing Banks Finance Mortgages 370

HomeLight

JULY 21, 2023

As a homeowner in Massachusetts, you may find yourself in a situation where you need to sell your house quickly. Whether it’s a planned move or an unexpected life change, navigating the Massachusetts real estate market efficiently and swiftly can seem like a daunting task. In this guide, we’ll outline some of the most effective ways to expedite your house sale in Massachusetts.

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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.

Agents