Sat.Jun 03, 2023 - Fri.Jun 09, 2023

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What is the meaning of full service?

Inman

Does "full-service real estate" really mean anything, or is it just something brokerages say to charge higher fees? Teresa Boardman looks at the service-shortfalls of so-called full-service brokerages and teams.

Brokerage 130
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Oops! Home Prices Didn’t Crash After All

Keeping Current Matters

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year.

Marketing 254
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Mid-2023 Real Estate Social Media Updates for Better Visibility and Engagement

Agent Fire

Social media is constantly shaping and creating new ways to market real estate. These key social media updates for mid-2023 will help you stay ahead of the curve and in line with the best real estate marketers in the business.

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Could 6% to 7% 30-Year Mortgage Rates be the "New Normal"?

Calculated Risk Real Estate

A key pitch, by real estate agents for home buyers right now, is that they will likely be able to refinance at a lower mortgage rate in a few years. The argument is that once the Federal Reserve has inflation back down to the 2% target, 30-mortgage rates will decline, perhaps to around 5% or lower. Of course, no one expects to see 3% mortgage rates without another crisis.

Mortgages 130
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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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Hilarious Real Estate Videos You Need in Your Life Right Now

The Close

Looking for some inspiration for your next marketing campaign? Need a laugh after a particularly tough day? Maybe you’re on information overload from all the solid strategy, tech reviews, and resources here on The Close, and you just want to kick back and relax? Whatever your reasons, these hilariously funny real estate videos are what you need in your life right now.

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10 Warning Signs That Indicate If the Housing Market Is Crashing

HomeLight

For a homeowner or a buyer, the thought that the housing market might be crashing is pretty scary — the last thing you want is to be responsible for an enormous, overvalued asset while the economy is crumbling. But sometimes, the housing market can remain strong while the overall economy is suffering, and vice versa. So how can you tell if the housing market is crashing ?

Marketing 111

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You’re Making a Mistake if You Are Not Adding Contingencies Rehab Budgets

Bigger Pockets

With the way the market's been acting lately, you need to be proactive about protecting yourself. Add this to your list of must-haves.

Marketing 128
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REcolorado CEO: MLSs can accomplish more through collaboration

Real Estate News

Gene Millman, the leader of Colorado's largest MLS, believes MLSs "have a bad habit of forming silos" — but by working together, they can be stronger.

MLS 274
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How Long Does a House Stay in Contingent Status?

Maximum Exposure Real Estate

What is The Time Frame a Home Will Stay Contingent? Are you wondering how long a house will stay contingent? When you set out to find your dream home, you may be “a day late and a dollar short.” It is not unusual for buyers to find a house they love that someone else has […] The post How Long Does a House Stay in Contingent Status?

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Why higher rates aren’t crashing home prices

Housing Wire

Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. They went all in during COVID-19 in 2020, doubled down in 2021 as the forbearance crash bros but really bet the farm on a massive home-price crash in 2023 after the most significant home sales crash ever in 2022.

Mortgages 546
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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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Real Estate Is Still Considered the Best Long-Term Investment

Keeping Current Matters

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.

Mortgages 258
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Real Estate News columnists bring home top industry awards

Real Estate News

Leading economist Dr. Paul Bishop and respected broker J. Philip Faranda were honored by the National Association of Real Estate Editors at their annual event.

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Keller Williams’ Laurie Reader: It’s ‘a full-blown, skill-based market’

Inman

Ahead of her appearance at Inman Connect Las Vegas, the CEO of Laurie Finkelstein Reader Real Estate shares why absorbing information and attending events is more crucial than ever in 2023.

Marketing 158
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Opinion: Release the GSEs from conservatorship

Housing Wire

After the recent extraordinary show of force defending changes to LLPAs by federal regulators and their friends, the forest through the trees risk remains in focus to me. One of the great concerns I have, as both a former regulator and the former head of a major industry trade association, is the downside risk of keeping the GSEs in conservatorship any longer.

Loans 545
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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 Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]

Keeping Current Matters

Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were 'unicorn' years.

Marketing 215
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When real estate is 'All in the Family'

Real Estate News

It's not uncommon for agents and brokers to work alongside spouses, siblings and other family members — see how they make it work + 4 tips for success.

Agents 270
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The Texas plan that could win even more new homeowners

Inman

High property taxes in Texas have in the past canceled out some of the state's affordability advantages. But political leaders are looking for ways to reduce homeowners' tax burden.

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Is the sinking housing market finally at the bottom?

Housing Wire

It’s been a brutal 15-month period for the housing market since the Federal Reserve began escalating its benchmark interest rate in March 2022 to combat rising inflation. Since then, the Fed has bumped rates 10 times, effectively putting the brakes on what had been a hot housing market. As the June 13-14 meeting of the central bank’s Federal Open Market Committee (FOMC) approaches, the housing industry remains prepared for yet another jolt of rate shock.

Marketing 504
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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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This Real Estate Market Is the Strongest of Our Lifetime

Keeping Current Matters

When you look at the numbers today, the one thing that stands out is the strength of this housing market.

Marketing 250
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Homeowner equity ticks down but is still riding high

Real Estate News

Home equity dipped last quarter for the first time in a decade, but big gains in recent years have kept most homeowners squarely in the black.

Equity 264
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Home Depot unveils hefty 540-square-foot tiny home for $44,000

Inman

The Getaway Pad from PLUS 1 Homes generated buzz online over the weekend for its low price tag. But the mother of all tiny home requires more than $44,000 to be inhabitable, early adopters warn.

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Residential real estate activity picks up despite low inventory

Housing Wire

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. Demand from the buyer side has remained steady or increased, however, and new home builders have responded to inventory shortages by increasing speculative inventory production, according to the Federal Reserve Beige Book, released Wednesday.

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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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The Main Reason Mortgage Rates Are So High

Keeping Current Matters

Today’s mortgage rates are top-of-mind for many homebuyers right now.

Mortgages 234
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A hazy future for homeowners insurance in California

Real Estate News

Two of the state's top providers will no longer accept new applications, setting a grim precedent and adding another challenge for buyers.

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Keller Williams agent, daughter die after plane drifts into no-fly zone

Inman

The plane, which drew military intervention after it flew into restricted airspace, crashed Sunday, killing four people, including NYC-based agent Adina Azarian and her 2-year-old daughter, Aria.

Agents 148
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Median income earners can only afford 25% of current listings

Housing Wire

It is no secret that housing inventory is low. As of June 2, there were 433,104 single family homes on the market nationwide, according to data from Altos Research. And while this situation is certainly far from ideal, according to a report published Thursday by the National Association of Realtors and Realtor.com , even with the existing level of homes available for sale, the housing affordability and inventory shortage issues wouldn’t be so severe if there were enough homes for buyers at all i

Sales 459
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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What Does Contingent Mean in Real Estate?

HomeLight

You’ve been browsing for a home when suddenly a particular listing catches your eye. It’s a lovely four-bedroom Colonial, beautifully presented in the heart of a mature neighborhood. But as your eyes scan the details of the listing, you come across a term that makes you pause: “Contingent.” So, what does contingent mean in real estate?

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Tighter credit adds another hurdle for buyers

Real Estate News

Black Knight reports that recent borrowers had higher credit scores and larger down payments, suggesting that lenders have tightened their standards.

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The 5 most sought-after design trends in flooring

Inman

The floors underfoot have a powerful bearing on the quality and character of the home. Flooring brings cohesion to the design while allowing each room’s distinct personality to stand apart. Here are the trends that will help any property shine.

Design 148
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Housing Market Tracker: Holiday impacts inventory

Housing Wire

Last week we saw a noticeable slowdown in housing inventory growth that I hope has more to do with a holiday week than a trend. Mortgage rates fell last week after the debt ceiling issues were resolved, but the damage from higher rates took its toll on purchase application data again. Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023.

Marketing 466
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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.