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 289
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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 266
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5 takeaways from Zillow’s 2025 Consumer Housing Trends Report

Inman

Zillow recently surveyed over 5,000 buyers and 6,200 sellers to capture important information for our first annual Consumer Housing Trends Report for Agents.

Agents 187
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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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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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More Trending

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EXp agrees to pay $34M to settle antitrust commission lawsuits

Inman

The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions.

Brokerage 185
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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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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 255
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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 273
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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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Reffkin: Restrictive NAR and MLS rules eliminate seller choice

Inman

Compass founder and CEO Robert Reffkin writes that Clear Cooperation and mandatory disclosures undermine seller choice and put them at risk of the unintended consequences of a mass exposure of property details.

MLS 183
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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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Why we have Clear Cooperation — and why we should keep it

Real Estate News

In the first of a 2-part series, NextHome CEO James Dwiggins explains the history of NAR’s policy and warns of the legal consequences of eliminating it.

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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 267
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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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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 182
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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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What is the value of MLSs and associations post-settlement?

Real Estate News

A recent survey found that many agents are not satisfied with local association services and find MLSs less relevant in light of new industry rules.

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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 242
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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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My listing isn’t selling: A 12-point checklist for agents 

Inman

Baffled by a home that's languishing on the market? Mega-team leader Carl Medford offers a step-by-step plan for evaluating your listing and getting it sold.

Agents 182
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Despite challenges, dementia patients and caregivers prefer to age in place

Housing Wire

Despite additional challenges that may come with caring for an older person afflicted with dementia, both patients and their caregivers would prefer to age in place within the home of the patient. Both parties cite a desire to preserve the patient’s independence, and to avoid both concerning stories of congregate care facilities and the guilt that could come from transferring a loved one to a dedicated care center.

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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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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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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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Will agents actually call you back?

Inman

What happens if the listing agent won’t return your phone calls? Compliance expert Summer Goralik has the answers you need. Don't let another agent’s unresponsiveness stand in your way.

Agents 181
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Big-name brokerages among those accused of income-based discrimination in California

Housing Wire

A housing watchdog group has filed more than 100 complaints that target more than 200 defendants for allegedly discriminating against potential housing applicants who sought to use Section 8 housing vouchers to secure a dwelling. In 2019, California Gov. Gavin Newsom (D) signed a bill into law that bars “housing discrimination, including discrimination through public or private land use practices, decisions, or authorizations, based on specified personal characteristics, including source of inco

Brokerage 497
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‘Unfiltered’: Yes, it’s hard, ‘but it’s time to move forward’

Real Estate News

Watch the conversation with industry icon Sherry Chris as she discusses leading with humility, brand-building and navigating change.

Branding 229
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BiggerNews: “Boomtowns” Are Declining…It’s Time to Take Advantage

Bigger Pockets

Real estate “boomtowns” present a massive opportunity to investors in 2024.

Investor 129
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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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A fixture of Texas Realtor groups narrows in on ethics in real estate

Inman

Broker Romeo Manzanilla spoke to Inman ahead of his appearance at Connect Austin on Oct. 9 about raising professionalism in the real estate industry in the wake of NAR settlement changes.

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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 228
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The Slippery Slope of BRRRR—Is It Still the Best Way to Run Your Landlording Business?

Bigger Pockets

The BRRRR strategy (buy, rehab, rent, refinance, repeat) is based on finding discounted properties, fixing them up, renting them out, refinancing, and socking away the cash flow with a long-term tenant, and repeating the process until you have amassed a sizable monthly cash flow. In 2024, I largely believe that it's unrealistic.

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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.