Lighter Side of Real Estate
JULY 11, 2023
Whatever line of work you’re in, there are probably some fairly common terms you’re used to hearing and saying that an outsider may not know. They may be so basic to you that you can’t even imagine how somebody wouldn’t know what it is, even if they aren’t in your field. For instance, the word “mortgage” is something real estate agents presume everybody knows.
Keeping Current Matters
JULY 10, 2023
When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles.
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HomeLight
JULY 11, 2023
Whether the cause is unpaid taxes, unpaid alimony, or unpaid contractor bills, selling a house with a lien against it adds one more wrinkle to the already complex task of a home sale. But don’t fret. “Nine times out of 10 the lien can be paid off through the sale,” says Richie Helali, Mortgage Sales Lead at HomeLight Home Loans. “This way the seller doesn’t need to come up with [the debt] out-of-pocket earlier.
RIS Media
JULY 13, 2023
There is no disputing the fact that we live in a fast-paced, ever-changing digital world today. Whether you love it or hate it, you cannot escape it. Equally important is acknowledging, as has been repeatedly noted, that a picture can be worth a thousand words. Translated to today’s language, it means that showing is better… The post 6 Social Media Tips for Luxury Real Estate Professionals appeared first on RISMedia.
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.
Housing Wire
JULY 9, 2023
The slow zombie crawl of housing inventory went lower last week as inventory was negative week to week. In addition, mortgage rates rose to a yearly high as labor data stayed firm and purchase apps had their first negative week after three straight weeks of positive growth. Weekly Active listings fell by 866 homes Mortgage rates rose to a year-to-date high of 7.22% Purchase apps were down 5% week to week Weekly housing inventory We had a hat trick in housing last week: weekly active listings wer
Eye on Housing
JULY 10, 2023
Data obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, show that the rising trend of two or more stories homes continued in 2022. Although the overall share remained virtually unchanged, the share of two or more stories homes started construction was greater than one story homes in 2022. Nationwide, the share of new homes.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
JULY 13, 2023
Your home is your sanctuary, your castle, your safe space. But sometimes it’s also a design nightmare. If your home feels like it could use a refresh, you’re not alone. Before you get started, here are 13 home trends that could soon be going out of style. When trends matter Moving to a new home is the perfect time to revamp your style. Following trends that include classic pieces is a great way to design not just for the moment but also for the future.
Brownstoner
JULY 12, 2023
We were amazed and thrilled to see the long crumbling pre-Civil War wood-frame house at 173 St. James Place has been restored to its former glory -- and then some! -- when we happened by Tuesday. What a transformation! After suffering a fire, it was covered in plywood and tar paper… Read More > The post After Fire and Decades of Decay, Clinton Hill Wreck on St.
Real Trends
JULY 12, 2023
After seven years away from the firm, a viral Twitter hashtag and a legal battle resulting in a temporary restraining order, former Keller Williams president and CEO Mark Willis is back. The Austin, Texas-based brokerage announced Willis’ return in a press release on Wednesday. Willis will serve as a strategic consultant at the company. “For over 32 years, Mark has served across all levels of leadership within KW,” Gary Keller , the co-founder and executive chairman of KW, said in a statem
Housing Wire
JULY 10, 2023
As the spring homebuying season comes to an end, there are distinct signs of the housing market reheating from a home price perspective. The lack of inventory drove home prices up, challenging potential buyers, Black Knight pointed out in its monthly mortgage monitor report. The reheating is widespread with more than half of the 50 largest U.S. markets seeing prices at or above 2022 peaks.
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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
JULY 12, 2023
T3 Sixty has sent an open letter to the real estate industry, urging everyone to take action now to get ahead of potential rulings in commissions lawsuits.
Keeping Current Matters
JULY 12, 2023
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it.
Inman
JULY 12, 2023
A year and a half after Keller Williams legally blocked eXp World Holdings' attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned.
Housing Wire
JULY 12, 2023
You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. And they have good reasons to do so. Talk to a top producer in either field and he or she will tell you: the biggest problem their respective industry faces is that there are far too many sloppy, inexperienced, yee-haw types who, I’m sorry, just shouldn’t be in this business!
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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
JULY 9, 2023
Shawna Alt, CEO of First Weber Realtors, believes that in hard times, agents should focus on what they can control, and leaders should celebrate small wins.
Keeping Current Matters
JULY 13, 2023
Even as some companies transition back into the office, remote work remains a popular choice for many professionals.
Inman
JULY 14, 2023
Marketing software company Back At You is getting into the DIY content production game, releasing a new browser application to help the industry promote its brands, agents and properties, according to a company announcement.
Housing Wire
JULY 12, 2023
Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire. Deran Pennington, who spent the last 15 years at Movement and until June 2023 held a national sales director position, is joining Summit as a divisional leader in Charlotte. Pennington’s departure comes a few months after Brady Yeager , a mortgage executive with over 21 years in finance and mortgage lending roles, joined
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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
JULY 13, 2023
Prefab homes don't have the sexiest reputation, but modern styles mimic traditional homes — and could make homeownership more attainable.
Keeping Current Matters
JULY 14, 2023
Today’s housing inventory is still well below more normal years.
Inman
JULY 13, 2023
Tune in to Inman Access and discover the untold experiences and lessons that have shaped the remarkable career of real estate icon Sherry Chris in an exclusive interview with Andrew Flachner.
Housing Wire
JULY 12, 2023
United Wholesale Mortgage (UWM) on Wednesday announced two new home-affordability mortgage products designed to help underserved borrowers become homeowners. UWM, America’s top mortgage lender, is offering Special Purpose Credit Programs (SPCP) for Fannie Mae ‘s HomeReady and Freddie Mac ’s BorrowSmart Geo-Target programs. These offerings will be available in select metro areas including Detroit, Baltimore and Chicago for Freddie Mac’s BorrowSmart and Detroit, Baltimore, Chicago, Atl
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
JULY 12, 2023
Mark Willis, who previously served as both president and CEO at KW, is rejoining the company to assist with its market center growth.
Bigger Pockets
JULY 8, 2023
Choosing between a HELOC vs home equity loan is a big decision. We'll explain the benefits of each to help you make the best choice.
Inman
JULY 12, 2023
The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the U.S.
Housing Wire
JULY 14, 2023
Households led by people of color residing in King County, Washington — the area that Seattle sits in — lost an estimated $12 billion to $34 billion in wealth since 1950 due to racist housing policies. This is according to a report commissioned by King County , which was first reported on this week in the Seattle Times. The report, conducted by consulting firm ECONorthwest , found that the sizable totals of lost wealth were not only attributable to racially discriminatory policies and practices
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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.
Real Estate News
JULY 10, 2023
Every agent knows there's more to the job than pulling comps and showing homes. But sometimes closing a deal takes an exceptional level of service.
Bigger Pockets
JULY 9, 2023
Clever real estate marketing strategies can help just about anyone grow their real estate business. We've outlined a few strategies you should try.
Inman
JULY 11, 2023
The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors.
Housing Wire
JULY 12, 2023
The CPI data released today shows the growth rate of inflation cooling off , and that’s good for mortgage rates. If inflation were running hot like in the 1970s, mortgage rates would have easily gotten to 8%-10% last year. The fact that the growth rate of inflation has been falling over the last few months is a positive story for mortgage rates over the long run.
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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