4 ways to help agents (re)adjust to a normal market
Inman
APRIL 13, 2023
How the real estate agents in your brokerage respond to change is key. Don’t let it run you over. Make it work for you.
Inman
APRIL 13, 2023
How the real estate agents in your brokerage respond to change is key. Don’t let it run you over. Make it work for you.
Real Estate News
APRIL 13, 2023
A survey by Bright MLS found that investor properties accounted for more listings this spring, possibly due to fears of a looming recession.
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Housing Wire
APRIL 13, 2023
In today’s market , relationships matter more than ever. Strong partnerships with real estate professionals is a start, but mortgage professionals should also invest time and energy in connecting with their community at large. After all, the wider your sphere of influence , the more opportunities you have for business. But how do you embed yourself in your local community and start building authentic relationships?
Keeping Current Matters
APRIL 11, 2023
Thinking about selling your house?
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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.
Real Trends
APRIL 12, 2023
The rental market slowdown is now here. What’s next for owners and operators? With softening market conditions, multifamily owners and operators are under pressure to maintain occupancy and generate demand. Here are the major market trends that impact a property’s day-to-day operations and what you can do about them. What’s changed this year? The rental market looks a lot different than it did last year, and multifamily is adjusting after years of historically high demand and rate increases.
Realty Biz
APRIL 13, 2023
Real estate prices do not only differ based on which city properties are located. They can also vary wildly within a single city. Various factors can impact the price of properties within a city. Here are five of the most common factors that affect real estate values. 1. The Location One of the biggest factors that affect the value of a property within a city is its location.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Broke Agent Media
APRIL 13, 2023
You are ready to take the next step in your business: hiring a video producer for your content. You posted ads on Indeed and LinkedIn and across your social media platforms. You’ve spent hours combing through applications but still haven’t found the right fit. As the lead video producer for BAM , I understand the frustration. I go through a lot of resumes, portfolios and interviews whenever we expand our team—and I’m sharing with you exactly what I look for when we hire video producers and edit
RIS Media
APRIL 13, 2023
Mortgage rates continue their downward trend this week as the spring market gets underway, the fifth straight weekly decrease. While other market challenges such as high home prices and low inventory persist, lowering mortgage rates are a strong sign for buyers to make their way back into the market. The 30-year fixed-rate mortgage (FRM) averaged… The post Mortgage Rates Dip Slightly appeared first on RISMedia.
BubbleInfo
APRIL 13, 2023
We are in the middle of the home-selling season, which means this will be as good as it gets for 2023. The balance of buyers and sellers has been remarkably steady.
Housing Wire
APRIL 9, 2023
The housing market welcomed the news of lower mortgage rates last week after four reports showed that the labor market isn’t as tight as it seems and that the fear of 1970s-entrenched inflation was a lousy narrative. The 10-year yield finally broke below a critical technical level it had difficulty breaking for many months and we had a very small increase in inventory.
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.
Real Estate News
APRIL 13, 2023
The outcome of the Moehrl suit could affect countless buyer agents. Might Zillow and other portals become an Uber-style marketplace for those agents?
Keeping Current Matters
APRIL 13, 2023
Over the last year, the housing market’s gone through significant change.
Inman
APRIL 10, 2023
As iconic brokerage Engel & Völkers embarks on an identity refresh, this marketing leader shares her insights on the process, and what others can learn.
Housing Wire
APRIL 12, 2023
The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. The headline inflation data came in lower than anticipated. While we have made progress in cooling down the inflation data, which is running into tough year-over-year comps (and will for the rest of the year) don’t expect the Fed to pivot anytime soon.
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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.
Real Estate News
APRIL 10, 2023
With inventory low and interest rates elevated, economists don’t expect to see activity pick up until later in the year.
Keeping Current Matters
APRIL 14, 2023
The inspection is a major part of the home selling process. Many buyers used to waive inspections to be more competitive with their offer, but recently, inspections and repairs are becoming popular again.
Inman
APRIL 13, 2023
Jerry Grantham, co-founder of the investment firm GMO, said this week he fears another bubble is about to burst, with the crisis that gripped the banking system in March just the beginning.
Housing Wire
APRIL 14, 2023
This article is part of our 2023 Housing Market Forecast series. After the series wraps, join us on May 30th for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
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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.
Real Estate News
APRIL 9, 2023
Transforming underutilized office space to living space can create needed housing inventory, but it's not always easy. Some cities are trying to change that.
Keeping Current Matters
APRIL 10, 2023
The spring season appears to be warming up in housing as more and more buyers enter the market.
Inman
APRIL 11, 2023
Upstate Curious includes 15 agents, operates across 11 counties and is known for its successful Instagram presence.
Housing Wire
APRIL 14, 2023
Wells Fargo has finalized the sale of a $50 billion block of mortgage-servicing rights (MSR), a deal that is expected to close later this year, according to bank officials. One expert in the MSR sector, who asked not to be named, said the bidding for the offering appears to have closed in late February or early March. “They [Wells Fargo] may have other deals in the market too,” the expert added, “but I’m not as familiar with that since they have been very selective about who these deals ge
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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.
Real Estate News
APRIL 14, 2023
A new report identified areas with the biggest increases and decreases in days on market. Agents in Erie, Charleston and Chico share their insights.
Keeping Current Matters
APRIL 12, 2023
Have you been saving up to buy a home this year?
Inman
APRIL 14, 2023
As AI generative applications like ChatGPT become integrated with operations and systems across real estate firms, these tools will help scale bespoke services to clients and prospects in a way that will empower brokers to offer value in an ongoing way versus just helping in the transaction.
Housing Wire
APRIL 12, 2023
Top wholesale lender United Wholesale Mortgage (UWM) is yet again ramping up efforts to gain more market share at the cost of potential profits. On Wednesday, the Detroit-based lender announced that it is reviving the conventional 1% down loan option, which allows homebuyers to purchase a home with a 1% down payment. Known as the “Conventional 1% Down,” the product is essentially a 3% down mortgage in which UWM pays an additional 2% — up to $4,000 — on top of the borrower’s 1%
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.
Real Estate News
APRIL 13, 2023
The 30-year fixed-rate mortgage dropped slightly to 6.27%. Rates in the 6% range may no longer be phasing buyers — particularly repeat buyers.
The Close
APRIL 11, 2023
Is the market roller coaster of 2023 getting to you? Need a little pick-me-up? Perhaps a healthy dose of real estate jokes, puns, and pick-up lines is just what the doctor ordered to get you back on track. We hope you memorize a few of these cheesy, hilarious, oh-so-true, and groan-worthy real estate jokes to tell at tomorrow’s team or client meeting.
Inman
APRIL 10, 2023
Utilizing power practices and tools derived from the realms of positive psychology, neuroscience, and holistic wellness, you can lay the foundation for a successful career as well as a joyful and meaningful life.
Housing Wire
APRIL 10, 2023
HousingWire recently spoke with Dustin Gray, CEO of Milestones Labs , about the importance of the borrower relationship and how Milestones Labs helps mortgage providers build lasting relationships with their borrowers. HousingWire: How has the current market affected the way lenders approach customer relationships? Dustin Gray: You don’t have to be an economist to know it’s a challenging time to buy a home or get a loan.
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.
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