Sat.Apr 08, 2023 - Fri.Apr 14, 2023

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4 ways to help agents (re)adjust to a normal market

Inman

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.

Agents 149
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Investor home sales could boost overall inventory

Real Estate News

A survey by Bright MLS found that investor properties accounted for more listings this spring, possibly due to fears of a looming recession.

Investor 242
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How to connect authentically with your community

Housing Wire

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?

Mortgages 396
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The Big Advantage If You Sell This Spring

Keeping Current Matters

Thinking about selling your house?

Marketing 255
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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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Redfin cuts more than 200 positions

Real Estate News

The brokerage's real estate support division was the hardest hit in this third round of layoffs since June.

Brokerage 261
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Mortgage Rates Dip Slightly

RIS Media

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.

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Home Inspections for Sellers: What You Need To Know [INFOGRAPHIC]

Keeping Current Matters

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.

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Industry Decoded: Commissions lawsuits could give portals an edge

Real Estate News

The outcome of the Moehrl suit could affect countless buyer agents. Might Zillow and other portals become an Uber-style marketplace for those agents?

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Refining an iconic legacy brand: a Q&A with Katelyn Castellano

Inman

As iconic brokerage Engel & Völkers embarks on an identity refresh, this marketing leader shares her insights on the process, and what others can learn.

Branding 183
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Can first-time homebuyers afford homes today?

Housing Wire

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.

Investor 459
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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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Homebuyer Activity Shows Signs of Warming Up for Spring

Keeping Current Matters

The spring season appears to be warming up in housing as more and more buyers enter the market.

Marketing 242
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Office-to-housing conversions are on the rise

Real Estate News

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.

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5 power practices every successful real estate entrepreneur needs to know

Inman

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.

Agents 167
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Wells Fargo is selling a $50B package of MSRs

Housing Wire

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

Principal 448
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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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Want To Sell Your House This Spring? Price It Right.

Keeping Current Matters

Over the last year, the housing market’s gone through significant change.

Marketing 250
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Market Moods: Stale listings in the West, speedy sales in the East

Real Estate News

A new report identified areas with the biggest increases and decreases in days on market. Agents in Erie, Charleston and Chico share their insights.

Marketing 253
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The investor who predicted 2008 bubble warns of ‘ominous’ burst

Inman

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.

Investor 165
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UWM revives its conventional 1% down mortgage loan program

Housing Wire

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%

Loans 447
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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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Your Tax Refund Can Help You Achieve Your Homebuying Goals

Keeping Current Matters

Have you been saving up to buy a home this year?

Marketing 239
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New auction marketplace puts a twist on how agents get paid

Real Estate News

Real estate consultant Rob Hahn is introducing a marketplace auction website that allows homeowners to sell without paying commissions.

Agents 252
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Christie’s heads to bourbon country with affiliate in Lexington

Inman

Led by Rusty and Rachel Underwood, the new affiliate known as Christie's International Real Estate Bluegrass will service parts of the state known for bourbon distilleries and thoroughbred racetracks, the company exclusively told Inman.

MLS 158
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Now is the time to cultivate strong borrower-lender relationships

Housing Wire

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.

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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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103 Real Estate Jokes, Puns & Pick-up Lines You Haven’t Heard 1,000 Times

The Close

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.

Agents 145
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Spring inventory: ‘Buyers can’t buy if sellers don’t want to sell’

Real Estate News

Even as falling interest rates have opened the door for more buyers, not enough sellers are listing, keeping inventory stubbornly low.

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Lake Homes Realty relocates headquarters amid exec shuffle

Inman

Joe Gaeta, formerly of Zillow Group, and Kiki Wanshura, formerly of Pacaso, have joined the lake markets-focused brokerage. Heather Glass, who joined the company in 2020 has also been promoted.

Brokerage 158
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FTC wants a temporary pause on ICE’s acquisition of Black Knight 

Housing Wire

The Federal Trade Commission (FTC) has opened a new front in the fight against Intercontinental Exchange ‘s (ICE’s) planned acquisition of Black Knight. The agency petitioned a California federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) that prevents ICE from going forward with the deal to buy Black Knight.

Loans 418
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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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Guiding Light: 5 Homes with Natural Light

Sotheby's International Real Estate

These five bright and beautiful residences use plentiful windows or full walls of glass to maximize natural light and make the most of their singular settings, from Southern California to Central Park South. Contemporary Beauty in Bel Air Neyshia Go | Sotheby’s International Realty – Beverly Hills Brokerage This light-flooded contemporary farmhouse boasts impeccable attention to detail, the finest fixtures and finishes, and an array of amenities.

Brokerage 131
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Mortgage rates decline for a fifth week; applications rise

Real Estate News

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.

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The chatbot revolution has begun. Here’s what agents need to know

Inman

Tools such as ChatGPT and Bard are brand new but already revolutionizing online content and the real estate industry. Scroll through Inman's latest handbook to get the lowdown.

Agents 158
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Better inflation data won’t sway the Fed

Housing Wire

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.

Mortgages 456
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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.