Real Trends

JUNE 14, 2023

Rankings , awards, and other professional recognitions are nice, but it’s what you do after the announcement that counts. As we come out of a tough fall and winter, not to mention a mixed-bag spring market, 1000 real estate professionals have a lot to be happy about. The 2023 RealTrends + Tom Ferry Thousand and America’s Best have just been announced, allowing the top agents and teams in the industry their annual chance to shake their tail feathers and giving them bragging rights among the

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Agents Industrial Brokerage Marketing 102

Keeping Current Matters

JUNE 13, 2023

If you’re thinking about selling your house right now, chances are it’s because something in your life has changed.

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Mortgages 249

The Close

JUNE 14, 2023

The goal of real estate photography is simple, but easy to forget: Make your potential buyers stop scrolling Zillow and pick up the phone to call you. Get them excited about the home, and your phone will ring. Easy for a mansion with a grand ballroom that’s priced 30% below market, but harder for homes with peeling paint and warped floors. So how do you take gorgeous pictures of a less-than-gorgeous home without hiring a pro?

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Housing Wire

JUNE 11, 2023

After seeing disappointing inventory growth two weeks ago , which I chalked up to the Memorial Day holiday, I was hoping for a big push in active listings last week, but that didn’t happen. And, the recent uptick in mortgage rates to almost 7% slowed purchase application data again. Here’s a quick rundown of the last week: Active inventory grew 6,722 weekly.

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Marketing Mortgages Banks Land 523

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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.

Development

HomeLight

JUNE 14, 2023

Most home renovation shows would have you believe that gutting and remodeling your house is as simple as a 30-minute programming block. Draft up some pretty designs, get crazy with a sledgehammer, lay some tile, and bam — your dream house is complete. The reality is a little more complicated, not to mention pricey. According to HomeAdvisor, a full home renovation costs $150,000 on the high end, and that doesn’t account for unexpected bumps along the way.

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Calculated Risk Real Estate

JUNE 14, 2023

Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-June I reviewed home inventory and sales. House Prices Reported YoY house price growth is still positive, but the Case-Shiller National Index slowed to 0.7% YoY in March. The MoM increase in the seasonally adjusted Case-Shiller National Index was at 0.42%. This was the second MoM increase following seven consecutive MoM decreases.

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Marketing Principal Mortgages Loans 137

RIS Media

JUNE 14, 2023

In a market of elevated prices, negotiations have become an important tactic to help homebuyers save money. In fact, 63% of homebuyers have negotiated home price reductions, according to a new report from LendingTree. LendingTree’s new report surveyed nearly 2,000 U.S. consumers about their negotiation experiences while buying a home, and found that 38% of… The post Negotiations Take the Forefront in a High-Price Market appeared first on RISMedia.

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Sotheby's International Real Estate

JUNE 10, 2023

From coast to coast, these four waterfront homes are buoys for modern-day living, affording a life lived amid scenic surroundings and the soothing sounds of water. Chic Lakefront Contemporary Cathie Messina | Sotheby’s International Realty – Westlake Village Brokerage This dramatic contemporary oasis on Lake Sherwood was designed to maximize its cinematic views.

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Brokerage Design 138

Brownstoner

JUNE 13, 2023

In the News Booze Tickets Surge Under Adams to 10,000 in the Past Year [NYDN] NYC Hidden Dining Gems: Bay Ridge's Ubani Georgian Restaurant [NYDN] BQE Redesign Should Save Promenade, Cover, Reduce Lanes: Survey [Eagle] Central Brooklyn Says No Thanks to 5G Towers [Patch] The B-Boys and B-Girls of Brooklyn Go for Olympic Gold [New… Read More > The post Daily Links: Heights, Dumbo Residents Want BQE Redesign to Cover Highway, Improve Air Quality appeared first on Brownstoner.

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Housing Wire

JUNE 13, 2023

Inflation was running over 9% last year and the headline inflation growth rate has cooled off a lot recently. Does this mean the Federal Reserve will pivot soon to prevent a recession? I don’t believe they will, but the growth rate of headline inflation falling is good enough for them to pause rate hikes tomorrow. The core aspect of inflation is taking time to head lower, and this is the part of the inflation picture that the Fed cares most about.

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Banks Mortgages As-is Marketing 508

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

Real Estate News

JUNE 10, 2023

Most consumers think it's a bad time to buy, and many expect rates to rise — but nearly a fifth of adults still plan to buy a home in the next 12 months.

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Keeping Current Matters

JUNE 12, 2023

Media coverage about what’s happening with home prices can be confusing.

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Marketing 246

Inman

JUNE 16, 2023

Anywhere's Agent Engagement team will help Anywhere affiliated broker-owners and agents supercharge their businesses with personalized coaching and mentorship, the company said.

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Agents Branding Brokerage 158

Housing Wire

JUNE 13, 2023

Add Guild Mortgage to the list of lenders offering down payment assistance programs in order to court more buyers at a time when mortgage rates remain elevated. The California-based lender rolled out a 1% down payment advantage program this week that allows customers to buy a home with a minimum down payment of 1% of the purchase price. Guild will also cover 1% of the borrower’s interest rate for the first year with a lender-paid temporary buydown.

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Loans Mortgages Closing Marketing 448

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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

JUNE 16, 2023

As several buyer agent compensation cases work their way through the court system, it’s time for brokers and agents to come up with a plan.

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Agents 251

Keeping Current Matters

JUNE 16, 2023

If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.

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Inman

JUNE 16, 2023

Las Vegas resident Wayan Garvey filed a complaint calling out Keller Williams' allegedly "relentless marketing practices" and accusing the franchisor and agent Britney Gaitan of violating federal law.

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Agents Marketing Brokerage 158

Housing Wire

JUNE 12, 2023

The housing market, which is facing challenges with mortgage rates , affordability, prices and inventory, hasn’t been this purchase-dominant in decades, according to Black Knight ’s originations market monitor report. Today, nearly nine out of every 10 mortgages originated is a purchase loan, the report notes. Last month, purchase locks accounted for 88% of the market mix, marking a record high.

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Loans Mortgages Lending Marketing 448

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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

JUNE 14, 2023

After 10 consecutive rate hikes, the Federal Reserve announced at today's meeting that it would hold rates steady.

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Keeping Current Matters

JUNE 15, 2023

If you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community.

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Inman

JUNE 14, 2023

Sherry Chris, who recently retired, formerly led both brands. Now Ginger Wilcox will lead BHGRE while Alex Vidal leads ERA, according to an announcement Wednesday by Anywhere Real Estate.

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Branding Brokerage Agents 158

Housing Wire

JUNE 16, 2023

Below-median family income households are overcoming constraints related to increased borrowing costs and home prices and are finding ways to become homeowners, according to Freddie Mac ’s latest economic, housing and mortgage outlook. The below-median family income homeownership rate increased to 53% from 48% since 2016, Freddie Mac said, citing data from the Census Bureau ’s Housing Vacancy survey.

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Mortgages Loans As-is Sales 418

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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

JUNE 10, 2023

Jim Fite, president of the brokerage his father founded in 1937, has led his company through 7 recessions and shares advice on how to make it to the other side.

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Industrial Brokerage 233

Keeping Current Matters

JUNE 14, 2023

You may see media coverage talking about a drop in homeowner equity.

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Equity Marketing 220

Inman

JUNE 12, 2023

The best outdoor kitchens "work" just like their indoor counterparts. For decades, architects designed the ‘kitchen triangle’ — assuring an easy reach between sink, refrigerator, and range. Today, the best outdoor kitchens follow the same formula.

Design 158

Design Brokerage Agents 158

Housing Wire

JUNE 15, 2023

After a slight decline this week, mortgage rates are expected to stay at their current elevated levels for a while in reaction to the Federal Reserve ‘s (Fed) decision to pause its tightening monetary policy in June. In turn, mortgage origination volumes will remain under pressure for the remainder of the year. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.69% as of

Mortgages 418

Mortgages Loans Lending Banks 418

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

JUNE 13, 2023

Improvements to the CRM platform and app are intended to give agents a leg up with lead generation, marketing and workflow.

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Agents Marketing 220

Sotheby's International Real Estate

JUNE 16, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Acireale, Italy | Italy Sotheby’s International Realty Piazza Agostino Pennisi Acireale lies on the coast of Sicily and bears the name of its original owner, Baron Agostino Pennisi di Floristella, who commissioned the castle in 1800. The Best in Real Estate, From a Sprawling Gothic Castle to Jim Carrey’s Former Estate – Robb Report Late Fashion Icon André Leon Talley’s Longtime White Plain

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Sales 137

Inman

JUNE 12, 2023

Two fake Zillow listings went viral at the end of May — one a high school senior prank and the other resulted in buyers losing thousands. Here's how to save clients from online scammers.

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Technology Brokerage Agents 158

Housing Wire

JUNE 15, 2023

​​The Federal Reserve ‘s (Fed) interest rate hike pause will give the housing industry a cautious sigh of relief, but observers are already nervous that the rate-induced pain train won’t come to a complete stop for a while longer and volatility will remain. The Fed’s updated economic projections showed that central bankers forecast that inflation could finish 2023 at 3.2% up from March’s projection at 3.3%; core PCE inflation at 3.9% after stripping out food and fuel prices, an

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As-is Industrial Fixed-rate mortgage Mortgages 397

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