The Biggest Mistakes Buyers Are Making Today
Keeping Current Matters
MAY 30, 2024
Buyers face challenges in any market – and today’s is no different.
Keeping Current Matters
MAY 30, 2024
Buyers face challenges in any market – and today’s is no different.
Real Estate News
MAY 30, 2024
Watch the conversation with marketing pro Brian Boero as he imagines how NAR and the industry could — and should — be communicating with agents and consumers.
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Housing Wire
MAY 25, 2024
The mortgage rate lockdown premise holds that very few people will list their homes when mortgage rates are this high, thus suppressing inventory. But 2024 has proven that theory wrong. 2024 has had healthy inventory growth despite mortgage rates above 7%. Also, for the third time this year, I have hit my target of weekly inventory growth between 11,000 -17,000, thus leading to more inventory than we saw in 2023.
Inman
MAY 30, 2024
Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs' attorney Michael Ketchmark says "the fox is guarding the chicken house.
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
MAY 27, 2024
For over 80 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes.
Real Estate News
MAY 31, 2024
The share of homes with price drops reached an 18-month high as sellers try to jumpstart buyer interest in stale listings, Redfin reported.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
MAY 30, 2024
In response to NAR's proposed settlement, the nation's second largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home.
Keeping Current Matters
MAY 29, 2024
You’re ready to sell your house. But what do you need most from your real estate agent?
Real Estate News
MAY 28, 2024
The organization is the first non-NAR MLS to announce its intentions, and it says keeping the compensation field provides more transparency for consumers.
Housing Wire
MAY 30, 2024
Pending home sales sales dropped 7.7% in April compared to March as rising mortgage rates weighed on the market, according to data released Thursday by the National Association of Realtors (NAR). Year over year, pending transactions fell 7.4%. The NAR’s Pending Home Sales Index declined to 72.3 in April, down from 78.2 in March. All four U.S. regions reported decreases on both a monthly and yearly basis, with the Midwest and West experiencing the largest monthly declines.
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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.
Inman
MAY 29, 2024
The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees.
Keeping Current Matters
MAY 31, 2024
Buying a home has powerful financial and non-financial benefits.
Real Estate News
MAY 30, 2024
Starting in June, the field will include an option for payment of buyer agent fees, and updates coming in August will give sellers more flexibility.
Housing Wire
MAY 29, 2024
Northwest MLS , the largest multiple listing service in the Pacific Northwest, will not take part in the $418 million agreement reached by the National Association of Realtors (NAR) in the Sitzer/Burnett case. In fact, NWMLS said that its own rules on buyer agent compensation are fairer and more transparent than the terms NAR agreed to in March. It also criticized NAR for pushing “consumers and brokers to make secret deals off MLS, inviting deceptive practices, discrimination and unfair housi
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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.
Inman
MAY 30, 2024
Sluggish homebuyer activity has pushed sellers to adjust their price expectations, according to Redfin's latest report. The median asking price declined for the first time in six months to $416,000.
Keeping Current Matters
MAY 28, 2024
Climate change is impacting where people buy homes.
Real Estate News
MAY 25, 2024
Cassie Walker Johnson not only supports buyer contracts, she offers training on them: “This is the tool that will define your entire professional relationship.
Housing Wire
MAY 30, 2024
The U.S. Department of Veteran Affairs (VA) announced on Wednesday that it has called on mortgage servicers to extend the moratorium on foreclosures for VA-guaranteed loans through Dec. 31, 2024, while these companies implement a new program to help struggling veterans. The current moratorium, announced in November, was set to end on Friday. It was implemented amid complaints of veterans’ struggles because there was no program available to succeed a partial claim option offered during th
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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.
Inman
MAY 28, 2024
These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.
RIS Media
MAY 29, 2024
California Regional MLS (CRMLS), the country’s largest MLS—home to over 110,000 members—is launching a new set of MLS system fields referring to Concessions in Price (CiP) today. The fields promise to enhance communication between listing and buyer agents, as well as homebuyers, by providing “up-front” information surrounding concessions, according to a release from CRMLS.
Real Estate News
MAY 28, 2024
Agents will be navigating new territory in August, and they'll need to avoid any hint of steering. CRMLS general counsel Ed Zorn offers some tips.
Housing Wire
MAY 28, 2024
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Women of Influence award are open now through May 31st, 2024. Click here to nominate someone. For the past 15 years, the HousingWire Women of Influence award has celebrated the exceptional contributions of women leaders in the housing industry.
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.
Inman
MAY 27, 2024
Industry members see commission suits as one of the top recruiting challenges of 2024. But brokers who can target and elevate middle-tier agents might have an opportunity.
RIS Media
MAY 28, 2024
The 22nd anniversary of my real estate license passed a few weeks ago. Ooh Rah! (Sorry. My military is showing.) While I have had a license for that many years, I have been involved in real estate since 1988. That’s when I purchased my first rehab property—36 years ago. In the 14 months before obtaining… The post Op-Ed: Our Industry is Finally Studying the Craft of Buyer Agency—It’s About Dang Time!
Real Estate News
MAY 28, 2024
Recruiter Brent Gove has also been dismissed from the lawsuit involving allegations of sexual assault, while Michael Bjorkman’s motion to dismiss was denied.
Housing Wire
MAY 30, 2024
A report released Thursday by Redfin showed that 6.4% of U.S. home sellers cut their asking prices during the four-week period ending May 26. That is the highest percentage since November 2022 and a potential sign that sale prices will soften in the coming months. The national real estate brokerage reported that the median asking price in the past week was $416,623, a weekly decline of about $3,000 and the first pullback in six months.
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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.
Inman
MAY 28, 2024
Compass Florida's No. 1 agent got into real estate at one of the worst times, right after the 2008 recession. But early sports training cultivated in him a dedicated work ethic that has allowed him to soar to great heights in his career.
RIS Media
MAY 28, 2024
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the previous month. The 10-City Composite saw an increase of 8.2%, up from an 8.1% increase in the previous month. The 20-City Composite posted a slight year-over-year increase… The post Case-Shiller: Home Prices Way Up in March Due to Scarcity appeared first on RISMedia.
Real Estate News
MAY 29, 2024
Financial services exec Jon Gwin named COO of Fathom Holdings; longtime EXIT Realty SVP Susan Harrison promoted to CIO role.
Housing Wire
MAY 28, 2024
Home prices in the United States continued their upward trajectory in March, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index recording a 6.5% annual gain, matching February’s growth, according to the latest report. Meanwhile, the U.S. National Index posted a month-over-month increase of 0.3%, while the 20-City and the 10-City Composite both reported month-over-month increases of 0.3% and 0.5%, after seasonal adjustment.
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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