Sat.Oct 14, 2023 - Fri.Oct 20, 2023

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How different generational groups approach real estate

Inman

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.

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Is It the End of the Realtor? Inside the NAR Crisis

Bigger Pockets

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.

Investor 133
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61% of ADUs are built for multigenerational housing: survey

Housing Wire

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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Leveraging the Power of Attorney to Sell a House

RIS Media

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.

As-is 138
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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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Are Higher Mortgage Rates Here To Stay?

Keeping Current Matters

Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press.

Mortgages 340
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The Complete Guide to Eminent Domain

Bigger Pockets

As a real estate investor, eminent domain is something you should know about. If you own property in an area that the government needs for a road expansion, fire station, railway, or something else that benefits the public, it may be legally taken from you, whether you want to sell or not.

Investor 131

More Trending

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The Secret to Investing That Most People Miss

Marco Santarelli

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.

Design 98
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Forbes’ Housing Market Predictions for 2023: What to Expect

Marco Santarelli

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.

Marketing 105
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DataDigest: Nearly 100,000 LOs have washed out

Housing Wire

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

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Home Price Growth Is Returning to Normal [INFOGRAPHIC]

Keeping Current Matters

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.

Marketing 320
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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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'Conspiracy' front and center as commissions trial kicks off

Real Estate News

On day two of the Sitzer/Burnett trial, the plaintiffs presented opening arguments, while the defense said conspiracy claims are "conjecture.

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Sitzer | Burnett: Live updates from the buyer-agent commission trial

Inman

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.

Agents 217
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In this brutal housing market, you’ll need to make $115K to buy the typical US home

Housing Wire

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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What Are the Real Reasons You Want To Move Right Now?

Keeping Current Matters

If you're considering selling your house right now, it's likely because something in your life has changed.

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347
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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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Bucking seasonal trends, home inventory is rising

Real Estate News

Inventory could keep increasing as potential homebuyers ‘hit the brakes’ while mortgage rates remain elevated. Price cuts are also higher than usual.

Mortgages 313
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Under their thumbs: The enigmatic homesellers behind Sitzer | Burnett

Inman

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.

Agents 201
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Freddie Mac rolls out down payment assistance tool

Housing Wire

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

Finance 501
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How Buying a Multi-Generational Home Helps with Affordability Today

Keeping Current Matters

In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home.

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330
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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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Jury selected for landmark Sitzer/Burnett trial

Real Estate News

Lawyers jostled for position and weeded out ineligible jurors, including many who are members of the plaintiff class (Missouri home sellers).

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Gary Keller, Bob Goldberg among first to testify in Sitzer | Burnett

Inman

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.

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Meet the homeowners giving up 4% mortgages and opting for cash-out refis

Housing Wire

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.

Mortgages 497
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The Risks of Selling Your House on Your Own

Keeping Current Matters

Are you thinking about selling your house as a For Sale by Owner (FSBO)?

Sales 334
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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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Attorneys spar over evidence of collusion in commissions trial

Real Estate News

On Day 4 of the Sitzer/Burnett trial, an expert witness for the plaintiffs said the current commissions system is a "clear case" of collusion and price fixing.

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Agents steer buyers to homes with better commissions, study claims

Inman

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.

Agents 199
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Mortgage origination market should improve by 19% next year: MBA

Housing Wire

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%.

Mortgages 507
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Rent Control Does Not Work—So Why Does the Government Insist on Making Landlords Follow It?

Bigger Pockets

Rent control has been around for a long time, and it still doesn't work. Why are governments around the country so insistent on it, and why don't we learn our lessons?

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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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A world of difference in commissions outside US, jurors told

Real Estate News

On Day 5 of the Sitzer/Burnett trial, plaintiffs focused on steering, high fees in the U.S., and how buyer agent pay is handled differently in other countries.

Agents 279
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NAR to shed 1M members if shared commission banned, analysts say

Inman

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.

Banks 197
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The 8% mortgage is here

Housing Wire

Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% for the first time since 2007, according to one index. Per Mortgage News Daily , mortgage rates touched 8.03% on Wednesday, up from 7.69% the previous week. HousingWire’s Mortgage Rates Center showed Optimal Blue ’s average 30-year fixed rate for conventional loans at 7.78% on Wednesday, compared to 7.52% the previous week.

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City Backtracks on Key Commitments for New 15-Story, 1,040-Bed Boerum Hill Jail, Locals Say

Brownstoner

City agencies behind the design of the new 15-story, 1,040-bed Brooklyn Borough Jail in Boerum Hill have reneged on commitments made to the community during the land use review process, compromising the jail’s ability to integrate safely into the neighborhood, locals said at a community board meeting Wednesday night. Specifically,… Read More > The post City Backtracks on Key Commitments for New 15-Story, 1,040-Bed Boerum Hill Jail, Locals Say appeared first on Brownstoner.

Land 131
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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.