Sat.Oct 07, 2023 - Fri.Oct 13, 2023

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Consumers point to mortgage rates, not home prices, as key barrier to affordability 

Housing Wire

Elevated mortgage rates continue to dampen already-pessimistic consumer housing sentiment and create affordability woes for both homebuyers and sellers. That feeling is underscored in Fannie Mae ’s latest Home Price Sentiment Index (HPSI), which decreased by 2.4 points in September to 64.5. The index tracks the housing market and consumer confidence to sell or buy a home.

Mortgages 518
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10 coaching secrets that’ll revolutionize a real estate business

Inman

From mediocre manager to legendary leader, these strategies from luxury real estate consultant Chris Pollinger will help you take your real estate business to the next level.

Brokerage 185
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The Latest Expert Forecasts for Home Prices in 2023

Keeping Current Matters

Are you thinking about making a move?

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Common Myths About Selling Houses

RIS Media

Selling a house can be complex and daunting, often filled with anxiety and uncertainty. Unfortunately, several myths and misconceptions surrounding home sales can further complicate matters for homeowners looking to sell their properties. We will delve into the common myths about selling houses and debunk them, providing clarity and valuable insights for anyone embarking on… The post Common Myths About Selling Houses appeared first on RISMedia.

Sales 143
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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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‘HENRYs’: Why Do They Matter to Luxury Real Estate?

RIS Media

The luxury real estate market is ever-changing—and the most successful real estate professionals are the ones who can stay one step ahead of new developments. If you’re looking to grow your own sphere of influence in the luxury market, you should be aware of an emerging segment of buyers known as HENRYs. By understanding this… The post ‘HENRYs’: Why Do They Matter to Luxury Real Estate?

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From Drab To Fab- How to Stage A Bedroom

Realty Biz

Selling a home isn't just about the property; it’s about selling a potential lifestyle. The bedroom, is often a homeowner's sanctuary or retreat, is a vital part of the function of a home for many buyers. Here's a more in-depth look at making your bedroom a buyer's dream. Find some quick tips on staging a bedroom. Understanding the Heart of a Home Every homeowner knows that a bedroom is more than just a sleeping space.

Staging 123

More Trending

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Instant Reaction: Mortgage Rates, October 12, 2023

NAR: Economic Outlook

Instant Reaction: Mortgage Rates, October 12, 2023 This week, mortgage interest rates inched upwards and closer to the 52-year average (7.74% since 1971) by hitting 7.57%.

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25 Best Real Estate YouTube Channels (Coaching, Humor & More)

The Close

Over the last few years, I’ve noticed the quantity and quality of free training for Realtors on YouTube has exploded. If you know where to look, you can find experts doing deep dives on everything from social media marketing to creating listing presentations. The trick is knowing which real estate YouTube channels offer the best content. To help you get started, I’ve put together this list of the best real estate YouTube channels online today.

Agents 105
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Housing industry pleads with Biden administration to narrow the mortgage spread

Housing Wire

A coalition of trade associations — including the Community Home Lenders of America (CHLA), National Association of Realtors (NAR), and Independent Community Bankers of America (ICBA) — on Thursday called on the Biden administration to reduce the historically large spread between the 30-year mortgage rates and 10-year Treasuries. The trade groups noted that the spread sits at over 300 basis points (bps) compared to the historic norm of about 150 bps.

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3 ways the pandemic shaped the housing market

Real Estate News

Government policies and the rise of remote work contributed to declining affordability, but real estate agents have an opportunity to show their value.

Marketing 292
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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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The Difference Between Renting and Buying a Home [INFOGRAPHIC]

Keeping Current Matters

When deciding between buying a home or renting, think about these three important factors.

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Why high-net-worth individuals are purchasing secondary homes

Inman

Owning multiple properties is relatively common with ultra-high-net-worth individuals. Agents should be well-versed in helping them identify and acquire secondary homes that fulfill their needs and goals.

Agents 209
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CrossCountry in talks to acquire Fairway: sources

Housing Wire

Two top-20 mortgage lenders in the United States may combine forces amid the most challenging market in decades. CrossCountry Mortgage is in talks to acquire Fairway Independent Mortgage Corp. , nine industry sources told HousingWire. The talks remain ongoing and are not believed to be in the late stages, sources said. If the deal is completed, it will catapult CrossCountry to becoming the fourth-largest mortgage lender in the country, behind United Wholesale Mortgage (UWM), Pennymac Financial a

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Mortgage exec: Lower rates, ‘big refi move’ coming in 1-2 years

Real Estate News

Greg Schwartz, CEO of online lender Tomo and former head of Zillow’s Premier Agent business, sees some relief ahead for consumers — and a reckoning for agents.

Mortgages 264
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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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Growing Your Net Worth with Homeownership

Keeping Current Matters

Take a moment to imagine where you want to be in a few years.

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Real humans are better than artificial intelligence

Inman

Although technology has its place, it simply can't compare with the human touch when it comes to marketing and running a real estate business. Broker Teresa Boardman differentiates the skills AI is good at from those that you can do better.

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5 steps to succeed as a real estate agent in a down market 

Housing Wire

It’s a weird time to be a real estate agent , and I see it all around me here in the Denver metro. Brokers who rode the proverbial wave of real estate during the pandemic and have now had to reroute or pivot to figure out how to navigate a market that was once boasting the lowest rates in decades are disoriented. For those of us who have spent most of our careers in real estate, we know what it’s like to be part of a feast or famine industry.

Agents 497
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NAR doubles down on commission practices ahead of trial

Real Estate News

An attorney for the organization said a loss would be “bad news for consumers” and force the industry “back into the 19th century.

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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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Key Skills You Need Your Listing Agent To Have

Keeping Current Matters

Selling your house is a big decision.

Agents 317
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How to turn your Google Business Profile into a lead gen machine

Inman

If you want to raise your profile on the world's most prominent digital platform, a Google Business Profile is the way to go. Jimmy Burgess offers the secrets to optimizing your online presence with this underutilized marketing tool.

Marketing 199
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Introducing the 2023 HW Vanguards

Housing Wire

In its 9th year, the HousingWire Vanguards award offers a definitive list of the top leaders in housing who are shaping the housing economy for the better. The forward-thinkers and trailblazers who are shaping the industry through their unwavering commitment, transformative ideas and steadfast dedication to driving growth and positive change. This year, 100 honorees were selected for their outstanding leadership in the midst of market volatility.

Lending 488
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Mixed perspectives on NAR following Redfin’s exit

Real Estate News

Zillow, Windermere affirm their commitment to the association, while a top brokerage leader calls out “dysfunctionality” and a disconnect from member needs.

Brokerage 250
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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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Redmond could be a national model for reinventing suburban downtowns

Seattle Times Real Estate

While Seattle suburbs have felt growing pains as their populations soar, this bustling Eastside suburb rebuilt itself to prioritize transit and life downtown.

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We’re in the middle of a perfect storm. But clearer skies are ahead

Inman

According to Brad Inman, real estate pros are facing a host of game-changing challenges to the status quo all at the same time. How we navigate this moment will be remembered for decades.

MLS 190
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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

We’ve all witnessed the housing market slowdown that has occurred over the last year. Across the country, homes are spending more days on the market as interest rates rise. Many sellers have returned to offering concessions and dropping prices to entice buyers. Additionally, competition for listings is on the rise as fewer homeowners are looking to sell.

Agents 482
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Yes, the market is slow — but for boutique teams, it’s an opportunity

Real Estate News

Side President Steve Capezza, who moved to the brokerage platform in January after almost a decade at Zillow, believes there’s power in finding joy in the work.

Brokerage 244
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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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Are Rental Properties a Good Investment?

Bigger Pockets

For many years, rental properties have been one of the best (and most popular) ways to generate passive income. However, before you go down this path, it’s important to understand the finer details of investing. The knowledge you collect upfront will improve the likelihood of a positive experience.

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Mortgage rates hit 20-year high as demand ‘close to multi-decade’ low

Inman

Homebuyer demand for mortgages inched up slightly last week, as rates climbed to the highest level in more than two decades, according to the Mortgage Bankers Association's weekly survey.

Mortgages 194
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Inventory growth slows even with higher rates

Housing Wire

Mortgage rates were scarier than Freddy Krueger last week, rising to a 23-year high as some of the labor data surprised to the upside. Unfortunately, those higher mortgage rates didn’t spur inventory growth this week, so we didn’t even get the benefit we would usually see when rates rise. And higher mortgage rates pushed purchase application data down 6% week to week.

Mortgages 505
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Homebuyers get creative as market sentiment sours

Real Estate News

Most consumers say it’s a bad time to buy, but for the determined, family members can help them overcome affordability hurdles.

Marketing 254
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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.