Inman
OCTOBER 16, 2023
With the sweeping changes in society, technology and economics over the past century, the differences in how each generation thinks, speaks, and makes decisions about luxury real estate opportunities have never been more pronounced.
National Association of Realtors: Culture Scan
OCTOBER 16, 2023
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Bigger Pockets
OCTOBER 16, 2023
First, the RE/MAX settlement, now this. Realtors are worried about their careers, and investors should be paying attention. Here's what's going on.
Housing Wire
OCTOBER 18, 2023
One in five Americans now shares their homes with adult children, parents or grandparents. In the face of soaring housing costs nationwide, multigenerational living has gained traction as a path to make living expenses more manageable and to maintain closer family bonds. While many multigenerational families are living together under one roof, potentially leading to feelings of overcrowding, accessory dwelling units (ADUs) have emerged as a practical solution for affordable housing that allows f
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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.
RIS Media
OCTOBER 16, 2023
Selling a property is often a complex and time-consuming process involving various legal and logistical aspects. However, what happens when you, as a homeowner, cannot handle these responsibilities personally? This is where a power of attorney (POA) in real estate can come into play. We will examine using a power of attorney to sell a… The post Leveraging the Power of Attorney to Sell a House appeared first on RISMedia.
Keeping Current Matters
OCTOBER 16, 2023
Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
OCTOBER 17, 2023
During the spooky season, it is interesting that most Americans would be willing to purchase a well-known haunted house to save money. Surprisingly, over half (52%) of Americans are open to this idea. A significant 71% would consider it if it meant a financial benefit, as indicated by a recent study conducted by Real Estate Witch, Zillowtastrophes, and Estate Media.
Marco Santarelli
OCTOBER 16, 2023
Surprisingly, most of us chronically overlook our most valuable asset, which is our own self! So how do you invest in yourself? The first often ignored step is taking the time to figure out what your ideal life looks like, financially, occupationally and otherwise, so that you can design your investing, and you finances in general, to complement your long and short-term objectives.
Marco Santarelli
OCTOBER 14, 2023
As 2023 unfolds, the housing market in the United States is facing a complex interplay of factors, sending ripples through its dynamics. In a detailed analysis by Forbes , the spotlight is placed on the challenges that have surfaced, including skyrocketing home prices and interest rates, triggering a potential cooling effect on housing market activity.
Housing Wire
OCTOBER 18, 2023
For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. Well, it’s certainly been a down market. How has the broker channel fared in the wake of the Fed rate hikes ? I asked the good folks at mortgage data technology firm InGenius to run the numbers. Take a look. “From the first six months of 2022 to first six months of 2023, brokers have increased their percentage from 23% to 28% while retail has decreased by that same percen
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.
Keeping Current Matters
OCTOBER 18, 2023
If you're considering selling your house right now, it's likely because something in your life has changed.
Real Estate News
OCTOBER 17, 2023
On day two of the Sitzer/Burnett trial, the plaintiffs presented opening arguments, while the defense said conspiracy claims are "conjecture.
Inman
OCTOBER 16, 2023
The long-awaited Sitzer | Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more.
Housing Wire
OCTOBER 20, 2023
The last two years of soaring mortgage rates and rising home prices have brought the fastest erosion in housing market affordability in modern history, and it’s hurt first-time homebuyers the most. A homebuyer must earn $114,627 to afford the median-priced U.S. home, up 15% ($15,285) from a year ago and up more than 50% since the start of the pandemic in early 2022.
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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.
Keeping Current Matters
OCTOBER 19, 2023
Are you thinking about selling your house as a For Sale by Owner (FSBO)?
Real Estate News
OCTOBER 16, 2023
Lawyers jostled for position and weeded out ineligible jurors, including many who are members of the plaintiff class (Missouri home sellers).
Inman
OCTOBER 19, 2023
The plaintiffs in a class action antitrust suit challenging the real estate industry’s commission structure took to the stand Wednesday and Thursday to make the case that the practice of homesellers paying buyer agents is “unfair.
Housing Wire
OCTOBER 16, 2023
The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists of the the Mortgage Bankers Association (MBA) said at the 2023 Annual Convention & Expo in Philadelphia, Pennsylvania. The MBA doesn’t expect the Federal Reserve to hike interest rates further this year as real rates – which are inflation-adjusted– are 2%.
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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.
Keeping Current Matters
OCTOBER 17, 2023
In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home.
Real Estate News
OCTOBER 17, 2023
Inventory could keep increasing as potential homebuyers ‘hit the brakes’ while mortgage rates remain elevated. Price cuts are also higher than usual.
Inman
OCTOBER 17, 2023
As the long-awaited commission trial begins, the Kansas City courtroom saw opening arguments followed by testimony from industry heavy-hitters including Gary Keller, NAR CEO Bob Goldberg and HomeServices of America President and CEO Gino Blefari.
Housing Wire
OCTOBER 19, 2023
The savagely unhealthy housing market continues to unfold as we approach Halloween. Sales are still falling, home prices keep rising, and inventory is still negative year over year. The core problem? Too many people chasing too few goods — and days on the market are still under 30 days. On top of all that, mortgage rates are now at 8%. It’s like we invited Freddy Krueger, Jason and Michael Meyers to come for a haunted housing market party.
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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.
Keeping Current Matters
OCTOBER 20, 2023
If you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.
Real Estate News
OCTOBER 19, 2023
The summer sales slump continued through September, marking the seventh month of negative sales movement this year.
Inman
OCTOBER 18, 2023
The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers' agents received less attention and took longer to sell.
Housing Wire
OCTOBER 16, 2023
Freddie Mac is rolling out a free tool for lenders, DPA One, that matches borrowers with down payment assistance programs across the country. DPA One streamlines the available state programs into a single source that lenders can use to find and compare programs for their borrowers. “Time and again, research reveals that the down payment is the single largest hurdle first-time homebuyers need to overcome to attain homeownership,” said Sonu Mittal, senior vice president of acquisitions at Freddie
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.
Bigger Pockets
OCTOBER 20, 2023
On Thursday, Federal Reserve Chairman Powell signaled a prolonged pause in interest rate increases. What does this mean for the market?
Real Estate News
OCTOBER 20, 2023
The board wrote that this change, which takes effect in January, “represents the future of how residential real estate is transacted.
Inman
OCTOBER 16, 2023
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30 percent as a result of ongoing threats to the real estate industry.
Housing Wire
OCTOBER 19, 2023
In late August, when mortgage rates were well over 7% and beginning their climb toward 8%, Jeff Anderson had a client do what few other homeowners are willing to do: She gave up her 4% mortgage rate. You’re probably thinking, “Uh, why on earth would she do that?” The client wanted to pay off $30,000 in consumer debt, handle home improvement projects and help her daughter start college, said Anderson, a longtime mortgage advisor in Southern California.
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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