National Association of Realtors: Culture Scan
SEPTEMBER 13, 2023
A Hit TV Show Can Make—and Break—Local Housing Markets Learn from the cases of “Fixer Upper” and “Yellowstone” what you may be dealing with if your area suddenly gains stardom.
Keeping Current Matters
SEPTEMBER 12, 2023
If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment.
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Inman
SEPTEMBER 11, 2023
The luxury sector has always led the real estate industry in terms of innovation. High-end homes frequently include cutting-edge features, and high-end clients raise the bar with aspirational ideas and ambitious expectations. So it’s only natural that high-end agents also try to push the boundaries of what’s possible.
Housing Wire
SEPTEMBER 10, 2023
Last week we saw a noticeable decline in new listings and active inventory was barely positive. Does this mean housing inventory has begun its seasonal decline? Here are the weekly numbers: Weekly active listings rose by only 343 Mortgage rates rose from 7.08% to end the week at 7.22% Purchase apps fell 2 % week to week Weekly housing inventory At first glance, it seems we’re now seeing the seasonal active inventory decline since new listings data fell noticeably and active listings slowe
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.
RIS Media
SEPTEMBER 12, 2023
Analytics are one of the most important metrics to use in order to track and propel your business on social media. This data allows you to enhance your marketing through seeing direct results of your posts and campaigns, broken down into specifics. That being said, there are many different analytics you can observe, so which… The post Social Skills: Analytics and the Tools to Track Them appeared first on RISMedia.
Realty Biz
SEPTEMBER 12, 2023
You might never have even heard of an industry that was growing so fast it would multiply in size 13 times over in only seven years. However, that is precisely the kind of fantastic success the artificial intelligence industry is enjoying. Modern robotics have become so advanced that they are transforming almost every industry on Earth, including the commercial real estate industry.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Coldwell Banker
SEPTEMBER 11, 2023
Lifelong friends Forest Olson and Jerry Cole developed Coldwell Banker’s residential and franchise affiliate programs, helping the company grow beyond its California roots. The post Two Luminaries Who Helped Shape Coldwell Banker into the Worldwide Real Estate Brand It Is Today appeared first on Coldwell Banker Blue Matter.
Housing Wire
SEPTEMBER 13, 2023
The growth rate of inflation has been falling for a year, but mortgage rates are still near multi-decade highs. Why? While it is true that mortgage rates traditionally fall alongside inflation, I believed 2023 was going to be about the labor market. This was the core premise of my 2023 forecast, and so far it has worked. In my 2023 forecast , I set the range on the 10-year yield between 3.21%-4.25%, emphasizing that the bond yields can go lower than 3.21% only if the labor market breaks — which
Keeping Current Matters
SEPTEMBER 14, 2023
One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy?
Real Estate News
SEPTEMBER 11, 2023
Indie brokerage network LeadingRE has a new COO, chief legal officer; marketing platform Addressable taps Opendoor exec as COO; Women's Council names new CEO.
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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
SEPTEMBER 12, 2023
Luxury agent Shelton Wilder, CEO of the Shelton Wilder Group, joins Aaron Kirman at AKG | Christie's International Real Estate after closing $150 million in sales volume in 2022.
Housing Wire
SEPTEMBER 10, 2023
Rate lock volume fell 1.5% in August, the third consecutive decline as mortgage rates climbed to the highest level in more than 20 years. Overall lock volumes were down 9.5% over the last three months and were 55% below that of August 2022, according to Black Knight ’s August originations market monitor report. “Interestingly, we saw very slight upticks in both cash-out and rate/term refinance locks in August,” Andy Walden, VP of enterprise research for Black Knight, said in a statement.
Keeping Current Matters
SEPTEMBER 11, 2023
Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities.
Real Estate News
SEPTEMBER 15, 2023
They've structured the brokerage to avoid silos, which makes Real's rev share model better for agents and teams, says Sharran Srivatsaa.
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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
SEPTEMBER 11, 2023
So-called organized real estate appears to be anything but in NAR's convoluted structure, writes Inman founder Brad Inman. No wonder so few successful Realtors are willing to get involved.
Housing Wire
SEPTEMBER 14, 2023
Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Sept. 14, up from last week ’s 7.12%.
Keeping Current Matters
SEPTEMBER 13, 2023
Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change?
Real Estate News
SEPTEMBER 14, 2023
Roam, launched this week by a former Opendoor employee, aims to help buyers through the complicated and time-consuming mortgage assumption process.
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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
SEPTEMBER 10, 2023
Although broker Troy Palmquist and DOORA Creative Director Janet Pozos know that brokers expect accountability and investment from their agents, the agents need the same thing from their leaders.
Housing Wire
SEPTEMBER 12, 2023
U.S. home price gains rose 2.5% year over year in July to mark the 138th straight month of annual growth. The annual acceleration reflects six consecutive monthly gains, which drove prices about 5% higher compared to the February bottom, according to CoreLogic ‘s Home Price Index. “Annual home price growth regained momentum in July, which mostly reflects strong appreciation from earlier this year,” said Selma Hepp, chief economist for CoreLogic.
Keeping Current Matters
SEPTEMBER 15, 2023
Holding off on selling your house because you believe there aren’t any buyers out there?
Real Estate News
SEPTEMBER 15, 2023
Canceled deals impacted nearly 16% of homes under contract in August as elevated interest rates and home prices led to sticker shock for some buyers.
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
SEPTEMBER 13, 2023
In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing.
Housing Wire
SEPTEMBER 15, 2023
Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal to 15.7% of homes that went under contract that month, according to a new report from Redfin. That rate is up from 14.3% in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades.
Eye on Housing
SEPTEMBER 15, 2023
Over the first seven months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 527,158. On a year-over-year (YoY) basis, this is 18.4% below the July 2022 level of 645,877. Year-to-date ending in July, single-family permits declined in all four regions. The Northeast posted the lowest decline of 12.1%, while the West region reported the steepest.
Real Estate News
SEPTEMBER 13, 2023
T3 Sixty CEO Jack Miller understands that budgets are tight, but investing in a conference is an investment in your business — if you're committed to learning.
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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
SEPTEMBER 11, 2023
Broker Teresa Boardman writes that the lack of transparency from NAR and its leadership has led to a disconnect between agents and consumers. Many perceptions and misconceptions are rampant, and it could spell disaster for the future of NAR.
Housing Wire
SEPTEMBER 13, 2023
New York-based mortgage platform Roam has secured a $1.25 million seed round, allowing the company to officially launch its services on Wednesday. Roam focuses on a distinctive niche within the mortgage industry: assumable mortgages. Tech executive and investor Keith Rabois at venture capital firm Founders Fund led the capital injection. It also included Opendoor co-founder Eric Wu , Culdesac CEO Ryan Johnson and #ANGELS founding partner Jana Messerschmidt.
RIS Media
SEPTEMBER 14, 2023
Before you buy a home, unless you have the cash to purchase outright, you’ll need to get pre-approved. Understanding how mortgage pre-approvals work is essential. This means finding a lender that offers the type of mortgage you want and then going through the pre-approval process. They will then give you a pre-approval letter that you… The post Does a Mortgage Pre-Approval Expire?
Real Estate News
SEPTEMBER 11, 2023
The company has retooled its revenue share program to make it easier for newer agents to benefit from it — and to help its recruiting efforts.
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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