Sat.Oct 05, 2024 - Fri.Oct 11, 2024

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Mixed mortgage signals: Inflation continues to cool, but the labor market strengthens

Housing Wire

If there was any doubt that the Federal Reserve’s half-point interest rate cut was the right move, those doubts are fading, and there’s reason to support another cut in the coming months. That’s because the U.S. Bureau of Labor Statistics’s Consumer Price Index (CPI) for September fell by 0.1 percentage points compared to August and sits at a measured 2.4% year-over-year.

Mortgages 459
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NAR appeals to Supreme Court in DOJ battle

Real Estate News

The trade organization filed an official request with the high court today, asking for a review of an antitrust case that was ostensibly closed in 2021.

Closing 307
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Two Reasons Why the Housing Market Won’t Crash

Keeping Current Matters

You may have heard chatter recently about the economy and talk about a possible recession.

Marketing 316
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I’m Ready to Buy a House, But Can’t Afford Much: How Do I Find Cheap Houses?

HomeLight

We all know someone who’s amazing at finding the best deals around. They don’t have to wait until Black Friday to score a cheap television, and they shop at thrift stores but always look like a million bucks. Is there a way to do that with real estate, where finding a cheap home can save you thousands of dollars in interest and fees? A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right pr

MLS 111
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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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CoreLogic unveils AI-driven Araya platform for advanced property data

Housing Wire

Real estate data provider CoreLogic is unveiling a new artificial intelligence -powered property and location intelligence platform. The California-based company is launching the Araya platform, according to an announcement on Tuesday. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

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Why Now’s Not the Time To Take Your House Off the Market

Keeping Current Matters

Has your house been sitting on the market longer than expected?

Marketing 319
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How to Sell My House Fast in Worcester, MA: Cash Offer Options

HomeLight

Selling your house fast in Worcester can be challenging, especially if you’re on a tight deadline and need to sell quickly. Whether you’re relocating, dealing with financial hardship, or managing a property that’s tough to maintain, getting a quick sale can make all of the difference. This guide covers essential strategies for a fast sale in Worcester, including cash offer options, expert real estate agents, and helpful tips from the pros.

Sales 103
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SERHANT. expands in South Carolina with addition of Charleston team

Housing Wire

SERHANT. has added a high-performing team to its presence in Charleston, South Carolina. Key Avenue Group is leaving Keller Williams for SERHANT., bringing a team with more than $300 million in career sales. Key Avenue is led by Christopher Smith and Patrick Ryan. SERHANT. first entered South Carolina in 2023. “We chose SERHANT. because we feel the real estate industry is in need of change,” Smith said in a statement.

Brokerage 435
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Zillow stands firm on opposition to private listing networks

Real Estate News

President Susan Daimler reiterated the company's support for the Clear Cooperation Policy, and called private networks "terrible" for consumers and agents.

Agents 293
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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 Much Does It Cost To Sell My House?

Keeping Current Matters

If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost.

Agents 316
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Navigating the New NAR Rules: Best Practices for Helping Consumers

RIS Media

Recent changes in the real estate industry have introduced new ways of doing business for brokers and agents. These changes demand strong leadership, transparency and adaptability to navigate the evolving landscape successfully. A fundamental change in the new NAR rules requires buyers to have a written agreement with a broker or agent to be able… The post Navigating the New NAR Rules: Best Practices for Helping Consumers appeared first on RISMedia.

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Renovation projects remain popular, but homeowners often need help paying for them

Housing Wire

Ongoing supply and affordability challenges in the housing market have frustrated many homeowners who have looked to trade up or relocate for various reasons. In response, some consumers have turned to renovation projects to meet their needs. According to survey data released this week by St. Louis-based Clever Real Estate , 63% of homeowners would rather remodel their current home than move to one that has already been fixed up.

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eXp paying $34 million to settle commissions case

Real Estate News

The deal, which is not yet final, came in a Georgia case but covers similar lawsuits over agent compensation.

Agents 284
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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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Now’s the Time To Upgrade to Your Dream Home

Keeping Current Matters

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone.

Equity 315
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NAR rival seeks agents for possible class action over Clear Cooperation

Inman

The American Real Estate Association is looking for those 'fined or otherwise harmed' by the National Association of Realtors' pocket listing rule and are interested in "collective action.

Agents 193
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Real estate teams get most deals from their ‘sphere of influence’

Housing Wire

Brokerages are scrambling to adapt to the post-settlement landscape of real estate, and more of them are turning to the same method for growing their headcount — acquiring new teams. The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on their income statements. But a new survey reveals diversity in the ways that teams are structured and how they produce different outcomes.

Brokerage 448
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MLS Milestones: Data shares in Texas, plus a new buyer agreement tool

Real Estate News

Three major Texas MLSs — Unlock, HAR and SABOR — agree to share data; REcore unveils new compliance product for buyer agents; Stellar subsidiary goes global.

MLS 283
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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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Buying Beats Renting in These Top Cities

Keeping Current Matters

Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.

Mortgages 296
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LoanSnap’s business dried up. Now regulators are after its licenses

Inman

Connecticut has entered into a consent decree revoking the fintech mortgage lender's license, and LoanSnap has been put on notice by California regulators that they intend to do the same.

Mortgages 187
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Home sales are tepid, but mortgage fraud is becoming more common

Housing Wire

CoreLogic’s risk index rose 8.3% in the past year, driven by more cases of identity and transaction fraud New data shows that cases of fraud among mortgage applicants is on the rise — an eye-raising trend as demand from borrowers remains relatively quiet. The CoreLogic Mortgage Application Fraud Risk Index jumped by 8.3% year over year in the second quarter of 2024.

Mortgages 516
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Local association pauses Clear Cooperation — will others follow?

Real Estate News

A decision by Park City Realtors could signal a shift in local associations’ willingness to abide by NAR policies, and comes as the CCP debate intensifies.

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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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San Francisco vs NYC: Which City is Right for You? A Comparison of Real Estate, Cost of Living, Culture, and More

Redfin

You might be considering an apartment in New York City or a house in San Francisco , as these two iconic cities share many similarities, from booming tech industries to rich cultural experiences. NYC offers unmatched job opportunities and a dynamic, fast-paced lifestyle, while San Francisco provides a unique mix of tech innovation and picturesque bay views.

Finance 59
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10 things new agents do to annoy experienced agents

Inman

While no agent is perfect, we should all continually strive for excellence, no matter where we are in our journey as an agent from brand new to very experienced, broker Cara Ameer writes.

Agents 187
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Have higher mortgage rates already reversed housing demand?

Housing Wire

The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields headed higher. But, we have to remember that mortgage rates had already made an almost 2% move lower since the highs of 2023 without rate cuts, as the bond market always gets ahead of the Fed. Since the Fed rate cut, we’ve also seen significant economic data lines beat estimates: housing starts, retail sales, industrial production, GDP and labor data all came in better than expected.

Mortgages 511
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The recipe for fixing Clear Cooperation — and avoiding chaos

Real Estate News

In the second of a 2-part series, NextHome CEO James Dwiggins warns of a greed-driven future if the CCP is eliminated, and shares a proposal for revising it.

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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.