Sat.Mar 09, 2024 - Fri.Mar 15, 2024

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What to Do When a House Isn’t Selling

RIS Media

It can be frustrating and concerning when your house has been on the market longer than expected. You’ve made memories in this home and are likely looking forward to starting a new chapter elsewhere. However, when the sale stalls, it’s crucial to reassess your strategy. We will explore five actionable steps to boost your home’s… The post What to Do When a House Isn’t Selling appeared first on RISMedia.

Sales 128
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5 currently trending AI tools that will get your business growing

Inman

AI tools are poised to revolutionize every aspect of real estate, Jimmy Burgess writes. Step out of your comfort zone, and put his recommendations to work for you.

Branding 181
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HUD sued over alleged failure to refund mortgage insurance premiums

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it failed to refund nearly $385 million in mortgage insurance premiums (MIP) to borrowers over a period of more than two decades. The lawsuit was previously reported by National Mortgage News and Law360. The proposed class-action lawsuit brought by Florida resident Tricia Sarmiento claims that HUD has failed to issue refunds tied to MIP payments on mortgages backed by the Federal Housi

FHA loan 496
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What agents need to know about commission rule changes

Real Estate News

As a part of its proposed settlement, NAR agreed to significant policy changes that will impact how all agents do business — and how buyer agents get paid.

Agents 358
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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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Finding Your Perfect Home in a Fixer Upper

Keeping Current Matters

If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper.

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WATCH LIVE: Ed Zorn, NextHome CEO on the $418M NAR settlement

Inman

NextHome CEO James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackle NAR's big settlement. Stream it live, exclusively at Inman.

MLS 203

More Trending

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94 brokerages left out of NAR commissions deal. What’s next?

Real Estate News

Top companies and MLSs outside the settlement can take part in a streamlined process to pay into a fund — but it could cost millions.

Brokerage 354
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The Latest Trends in Housing [INFOGRAPHIC]

Keeping Current Matters

With the number of new listings going up and average days on market going down, buyers may have more options, but will still want to move fast.

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Hilton heads back to campus with $210M Graduate Hotels acquisition

Inman

Hilton Worldwide Holdings has agreed to pay $210 million for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations biggest college towns.

Branding 189
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

The National Association of Realtors (NAR) settlement of commission lawsuits nationwide is expected to force mortgage lenders and loan officers to find new ways of approaching listing agents and borrowers, give LOs a more significant role in the home-buying process, and encourage housing professionals to pursue dual-licensing, industry experts told HousingWire.

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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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Strong reactions to NAR commissions deal

Real Estate News

Opinions on the settlement range from concern that it will “spell disaster” for buyers to optimism that the quality of agent services will improve.

Agents 322
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Your Home Is a Powerful Investment

Keeping Current Matters

Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash.

Marketing 336
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How to break through barriers and next-level your business

Inman

Today’s housing inventory and higher interest rates might have you feeling stalled, as if you’ve reached a plateau in your business. However, there are steps to try to break through the noise of today’s market, stand out as an agent, and win more real estate listings.

Agents 182
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Altos: Housing inventory could grow 40% this year

Housing Wire

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow.

Mortgages 516
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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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NAR reaches $418 million deal to settle commissions lawsuits

Real Estate News

The settlement, which still requires court approval, adds a new rule prohibiting offers of broker compensation on the MLS.

MLS 325
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Why Today’s Seller’s Market Is Good for Your Bottom Line

Keeping Current Matters

Thinking about selling your house and wondering if now’s a good time to do it?

Marketing 338
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‘Million Dollar Listing’ star Josh Flagg leaves Elliman for Compass

Inman

The high-profile luxury agent has worked with Douglas Elliman since 2021 and served as a longtime agent with Rodeo Realty before that. He will now align with Compass’s Beverly Hills office.

Agents 182
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Are 1970s inflation and mortgage rates possible?

Housing Wire

The CPI report came out Tuesday, and the headline number showed a 12-month inflation of 3.2%. The running average of CPI going back to 1914 has been 3.3%. So, what should we take away from this number, seeing that market participants are still worried about 1970s inflation and some don’t want to see any rate cuts this year? Fed presidents and others have cited the fear of 1970s-style entrenched inflation as a reason they hiked rates so fast and are being careful as they consider rate cuts.

Mortgages 513
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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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OJO acquires The LEAD Syndicate, launches new platform

Real Estate News

Along with the acquisition, the companies unveiled a new solo agent suite called Lever by Movoto and said OJO products will now use the Movoto brand.

Branding 275
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What Mortgage Rate Do You Need To Move?

Keeping Current Matters

If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you.

Mortgages 315
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Born into real estate royalty, Farrah Brittany makes the tough look easy

Inman

Brittany started out as an assistant at The Agency when it first opened its doors in 2011 and is now one of the firm's most rock-solid agents. She said her family's connections and her own work ethic have helped shape her career.

Agents 184
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Hispanic homeownership rate rose to 49.5% in 2023: NAHREP

Housing Wire

Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 Hispanic owner households from the previous year. In total, more than 9.5 million Hispanic households own their home, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2023 State of Hispanic Homeownership Report released on Tuesday.

FHA loan 482
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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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Will NAR ‘become a shadow of its current self’ in 2 years?

Real Estate News

The association reported a fourth month of membership declines, with membership falling below 1.5 million for the first time in nearly three years.

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Housing Affordability Conditions Made Progress in January 2024

NAR: Economic Outlook

Housing Affordability Conditions Made Progress in Janua At the national level, housing affordability increased in January 2024 compared to the previous month, according to NAR’s Housing Affordability Index.

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OJO acquires The LEAD Syndicate, rebrands around Movoto

Inman

The acquisition will help OJO launch Lever by Movoto, which the company describes as an all-in-one technology platform for individual agents.

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New listings surge as the spring buying season approaches

Housing Wire

Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. Mortgage demand has been on the rise for two weeks in a row. Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday.

Mortgages 492
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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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Twice as many sellers are looking to relocate in 2024

Real Estate News

A Coldwell Banker survey found a big increase in the number of sellers willing to move to another city or state as price considerations now outweigh location.

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The Housing Shortage Will Only Get Worse—Here’s What Investors Need to Know

Bigger Pockets

The U.S. is short several million housing units, and the situation is only getting worse. Supply gaps continue to widen on a national and regional level, and 73 out of the largest 100 markets are experiencing shortages. What should investors expect going forward?

Investor 128
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Leaders in luxury: Ginger Martin

Inman

Not many real estate agents can say they’ve made a billion dollars in sales. But Ginger Martin, Real Estate Associate with Sotheby’s International Realty – St. Helena Brokerage, boasts more than $3 billion in sales — and that number just keeps growing.

Brokerage 178
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Dividing a house in divorce can be costly and emotional

Housing Wire

If a couple decides to dissolve their marriage, something that is often described as a “third character” in the proceedings is the couples’ home. Finding a way to divide a home can be financially and emotionally fraught. And it often takes on more significance than other items due to the home typically being a couple’s most valuable asset — and because of the complex emotions often intertwined with it.

Equity 491
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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.