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Newsmaker Spotlight: Ashley Bowers on Improving the Value Proposition Through Agent Support

As president of HomeSmart International, Ashley Bowers spearheads operations of all departments at the company and its enterprise departments, keeping them all in sync as they meet growth, retention and systematic goals. In addition to her leadership role at the company, Bowers also became an educator and friend at the start of the pandemic, prioritizing communication and creating a sense of transparency, support and community through the unprecedented times brought on by COVID-19. Here, she dis...
Tags: Feature, News, Business Planning, Business Model, Radio, Teams, Agents, Latest News, Industry News, Best Practices, Phoenix, Success Tips, Bowers, Brokers, Real Estate Brokerage, Ashley Bowers

Mortgage Rates Hold Firm Going Into Thanksgiving Weekend

The 30-year fixed-rate mortgage (FRM) averaged 3.10%, unchanged from last week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac. Mortgage details: 30-year fixed-rate mortgage averaged 3.10% with an average 0.7 point for the week ending Nov. 24, 2021, unchanged from last week. A year ago, the 30-year FRM averaged 2.72%. 15-year fixed-rate mortgage averaged 2.42% with an average 0.7 point, up from last week when it averaged 2.39%. A year ago, the 15-year FRM average...
Tags: Feature, Real Estate, News, Senate, Interest Rates, Radio, House, Treasury, Teams, National, Biden, Mortgage Rates, Agents, Latest News, Industry News, Fed

Mortgage Applications Up in November, With Refis Making Up More Than Half of the Share

Mortgage applications increased 1.8% for the week ending Nov. 19, 2021, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The refinance share of mortgage activity increased to 63.1% of total applications from 62.9% the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 3.4% of total applications. The FHA share of total applications decreased to 8.6% from 8.9% the week prior. The VA share of total applications decreased to 10....
Tags: Real Estate, News, Mba, Usda, Radio, Teams, National, Lending, Federal Reserve, Financing, Agents, Latest News, Industry News, FHA, Kan, Consumer

How One Brokerage Addresses Pain Points to Build Upon a Solid Foundation

Patricia Schlosser Broker/Owner CENTURY 21 Morrison Realty Bismarck, North Dakota Region served: Central and Southwest North Dakota Years in real estate: 11 Number of offices: 3 Number of agents: 120 Jordan Grice: As a second-generation family-owned firm, what has been the most valuable component of growing your company to its current level? Patricia Schlosser: We had an excellent foundation. That is the key to it. My fath...
Tags: Facebook, Feature, News, Business Planning, Business Model, Radio, North Dakota, Latest News, Industry News, Best Practices, Success Tips, Brokers, Century 21, Real Estate Brokerage, Century 21 Real Estate, Solid Foundation

RE/MAX Reports Preliminary Q3 2021 Results

RE/MAX Holdings, Inc. recently announced preliminary operating results for the third quarter ended Sept. 30, 2021. “We achieved record third quarter revenue, Adjusted EBITDA and Adjusted EPS driven by contributions from the largest Independent Region acquisition in our history, broad-based performance in our core operations, and a healthy housing market,” said Adam Contos, RE/MAX Holdings chief executive officer, in a statement. “Our performance reaffirmed that the investments we’ve made in rece...
Tags: News, Radio, Revenue, National, Financial Results, Latest News, Industry News, EBITDA, Holdings Inc, Holdings, Real Estate News, Adam Contos, Brokers, RE/MAX, Real Estate Brokerage, Contos

Window to the Law: Criminal Background Checks and Fair Housing

Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® (NAR) to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor. Overly broad bans on renting to individuals with criminal records may lead to costly fair housing violations. Watch the latest Window to the Law video from NAR to learn tips on how to review your criminal record screening policy to...
Tags: Feature, News, Law, Radio, National, Agents, Latest News, Industry News, NAR, National Association of Realtors, Brokers, Fair Housing, Background Check, Lead Story, Real Estate Education, National Association of REALTORS®

Fathom Adds Woodhouse Group to Network

Fathom Realty recently announced that the Woodhouse Group has joined Fathom with the addition of approximately 50 agents in the Idaho market. Effective immediately, Woodhouse Group agents will operate under the Fathom Realty umbrella. Terms were not disclosed. Based in the Boise foothills of Eagle, Idaho, Woodhouse Group Real Estate is a full-service brokerage that is consistently ranked among the top-ten residential real estate companies in Boise by the Idaho Business Review. “We are thrilled t...
Tags: Real Estate, Leadership, News, Radio, Idaho, Expansion, Smith, Latest News, Industry News, Boise, Keller Williams, Real Estate News, Brokers, Mary Smith, Meridian Idaho, Real Estate Brokerage

New-Home Sales Continue Upward Momentum as Buyer Demand Remains Strong

Sales of new single‐family houses increased 0.4% in October 2021, posting a seasonally adjusted annual rate of 745,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development.  This is 23.1% below the October 2020 estimate of 969,000. Market breakdown: New-Home Sales: 745,000 For-Sale Inventory: 389,000 Months’ Supply:  6.3 Median Price: $407,700 What the industry is saying: “After a significant increase in September, new-home sales improved even further in Octo...
Tags: Real Estate, News, Housing Market, Radio, Teams, Hud, National, Agents, Latest News, Industry News, U S Census Bureau, Consumer, Department of Housing and Urban Development, Census Bureau, Real Estate News, Brokers

Fair Housing Isn’t Enough: Report Shows Racial Disparity Fight Still Needs Support

Overall, overt housing discrimination has lessened through the years following regulations guided by Fair Housing laws; however, it is nowhere near completely dissipated. And while some may not be able to identify it in their day to day, the diversity homeownership gap is a clear example of the persisting challenges that must be addressed, as discussed by the National Association of Real Estate Brokers (NAREB) (SHIBA) Report. In fact, the study found that the gap in homeownership between Black...
Tags: Real Estate, News, Minneapolis, Diversity, Housing Market, Radio, Teams, National, Pope, Lending, Discrimination, Agents, White, Black, Latest News, Industry News

Suburbia Trending as Work-From-Home Options Grow

Suburban housing demand is increasing, according to a new report from®, as work-from-home and flexible schedule options become the norm, allowing potential homebuyers to purchase outside their commuting zone. The findings: Share of suburban home shoppers increased 42.1% since the onset of COVID and took a 24% bigger share on September® views than listings in urban areas Suburban housing is still relatively affordable compared to expensive urban areas, but buyer demand i...
Tags: Real Estate, News, Housing Market, Radio, Luxury, Teams, National, Agents, Suburbs, Homeowners, Latest News, Industry News, Homebuying, Suburbia, Hale, Consumer

Real Estate Webmasters Helps Usher RISMedia Into Next Era of Information With New Website

New SEO- and User-Friendly Site Improves Deliverability of RISMedia’s High-Quality Content In what’s been nothing short of a break-out year for Real Estate Webmasters (REW), the web design, branding and SEO powerhouse whose Renaissance website platform helps brokers compete with the Zillows and Compasses of the world, the firm also delivered a highly custom, transformational rebrand of RISMedia, as well as a complete overhaul and relaunch of the firm’s real estate news and events website, RISMe...
Tags: Feature, Real Estate, Technology, News, Marketing, Seo, Website, Radio, Teams, John, Agents, Site, Latest News, Industry News, Best Practices, Redesign

Global Spotlight: Living in the Lap of European Luxury

Above: Thonon-les-Bains Established in 2015 and located along the French shores of Lake Geneva, the team at Leman Property continues to raise the bar with their steadfast commitment to putting people first. Dedicated to working hand-in-hand, sharing the same objectives, values, professionalism and convictions, the team works together to bring their clients’ dreams to life. Here, Co-Founder Loïc Daly takes us inside the picturesque real estate market. Daly Please describe your current housin...
Tags: Europe, News, Business Planning, Business Model, Radio, Luxury, Middle East, Switzerland, National, Latest News, Industry News, French Alps, Luxury Real Estate, Lake Geneva, Annecy, Brokers

Brokers: Videos From RPR Will Help You Learn, Activate and Implement 5 Unique Tools

RPR’s Broker Tools give brokers access to a collection of resources and benefits to help them succeed. This series of video tutorials make it easier than ever to understand and implement five unique benefits: Company Branding, Custom Pages, Affiliated Service Modules, AVM Widget and Deep Links. Watch these videos to learn how to use RPR’s Broker Tools to your advantage! The post Brokers: Videos From RPR Will Help You Learn, Activate and Implement 5 Unique Tools appeared first on RISMedia.
Tags: Technology, News, Marketing, Radio, National, Latest News, Industry News, Best Practices, NAR, RPR, Real Estate Marketing, Brokers, RPR®, Unique Tools, National Association of REALTORS®

Sotheby’s and Realogy Partner on Acquisition of Concierge Auctions

Sotheby’s and Realogy Holdings Corp. recently acquired Concierge Auctions, a global luxury real estate auction marketplace. Under the terms of the agreement, Sotheby’s and Realogy will take a joint 80% ownership stake in Concierge Auctions, while company co-founders Chad Roffers and Laura Brady will remain president and chief executive officer, respectively. Concierge Auctions will operate independently, continuing to partner with real estate agents affiliated with many of the industry’s leading...
Tags: Real Estate, News, Radio, Auctions, Chad, National, Sotheby's, Latest News, Industry News, Laura, Brady, Dallas Texas, Sotheby, Real Estate News, Lake Como Italy, Board of Managers

Real Estate Forecast Summit Happening on Dec. 15

NAR PULSE—Join National Association of REALTORS® Chief Economist Dr. Lawrence Yun and a panel of experts for this free webinar, Dec. 15 from 1 to 3 p.m. ET. They will review 2021 and discuss the forces that will shape the real estate market and the economy in 2022. Topics include economic, housing and commercial market outlooks. Register today! New! REALTOR® L.E.A.D DEI Course The REALTOR® L.E.A.D. learning experience has launched a brand-new course that unpacks diversity, equity and inclusion ...
Tags: News, Housing Market, Radio, National, Agents, Latest News, Industry News, Best Practices, NAR, Real Estate News, Lawrence Yun, Brokers, Real Estate Education, REALTOR® Store, National Association of REALTORS®, Real Estate Courses

Fathom Announces Closing of Underwritten Public Offering of Common Stock

Fathom Holdings Inc. recently announced the closing of its previously announced underwritten public offering of 1,750,000 shares, inclusive of 350,000 secondary shares of its common stock at a price to the public of $25.00 per share. The company also granted the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions. After the underwriting discount, the company rec...
Tags: Real Estate, News, Radio, Stocks, National, Latest News, Industry News, Harley, Real Estate News, Stephens Inc, ROTH Capital Partners, Davidson Co, Brokers, Real Estate Brokerage, Fathom Realty, Joshua Harley

American Pie: The Main Course for 2022?

There are now a record number of real estate professionals with a seat at the table eyeing a piece of the American real estate pie: a delectable dish made up of nearly seven million ingredients we call transactions, stirred in with a tasty sum of $85 billion paid in real estate commissions last year. But before we watch our wallets expand like a holiday waistline, let’s have a look at how the table has been set. Commission InDOJestion There’s nothing like a DOJ investigation to ruin one’s party....
Tags: News, Interest Rates, Housing Market, Radio, United States, Inflation, Omaha, National, Mortgage Rates, Doj, Agents, Coaching, Latest News, Industry News, Best Practices, Mike Ryan

Old-Fashioned Service Can Power Your Team’s Success

Robby Brady grew up amid the glorious mountain greenery of northwest South Carolina—a region the locals call, “upstate,” rife with scenic hiking trails, waterfalls and views of the Appalachians—so it is perhaps not surprising that he graduated from Clemson University with a degree in forestry and began a career among the tall timber. But Brady, who today leads the eight-person Robby Brady Team serving the greater Greenville, South Carolina, area under the banner of Allen Tate REALTORS® found it ...
Tags: News, Business Model, Radio, Teams, South Carolina, Latest News, Industry News, Best Practices, Greenville, Success Tips, Brady, Clemson University, Robby, Greenville South Carolina, Barbara Pronin, Brokers

Existing-Home Sales Down YoY, But Monthly Increases Show Low Inventory Not Holding Buyers Back

Existing-home sales, recording a seasonally adjusted annual rate of 6.34 million in October, bumped down 5.8% compared to last year, according to the latest data from the National Association of REALTORS® (NAR). While they’re lagging behind on a yearly basis, consistent monthly increases show home sales remain relatively stable despite continued challenges impacting affordability, such as low inventory. Single-family home sales increased to a seasonally adjusted annual rate of 5.66 million in Oc...
Tags: Feature, News, Housing Market, Radio, Teams, National, Agents, Latest News, Industry News, Inventory, NAR, National Association of Realtors, Real Estate News, Lawrence Yun, Home Sales, Leslie Rouda Smith

Home Prices Start Q4 Slower, but Just Slightly, Reveals Radian Home Price Index

In a repeat of the 2020 experience, after a very strong third quarter, home prices across the United States continued to climb in October, albeit at a slower pace than in September. Radian HPI rose at an annualized rate of 17.3% in the month of October, slightly below the 17.6% recorded in the prior month, according to Radian Home Price Index (HPI) data released Friday by Red Bell Real Estate, LLC, a Radian Group Inc. company. While the one-month trend was slightly lower, in the 12 months since ...
Tags: News, Minneapolis, Radio, West, United States, Luxury, Idaho, Arizona, Teams, Miami, Detroit, Agents, South, Latest News, Industry News, Best Practices

LGBTQ+ Real Estate Conference Offers Nearly 20 Sessions

LGBTQ+ Real Estate Alliance will host a virtual, one-day “Experience The Alliance” conference on Thursday, December 9. The event will feature nearly 20 sessions throughout the day, according to the organization. “We were greatly disappointed that the outbreak of the COVID-19 Delta variant forced us to cancel our inaugural in-person event in September, and we wanted to make sure that we could still deliver outstanding content to our members,” said Ryan Weyandt, CEO of the LGBTQ+ Real Estate Allia...
Tags: News, America, Bank Of America, Radio, Teams, Conference, Agents, Latest News, Industry News, Best Practices, Freddie Mac, Kimber, Alliance, U S Department of Housing and Urban Development, Leslie Rouda Smith, Brokers

Millennials, Remote Work Are Upending Cities—What It Means for Real Estate

Location is, and has always been, everything in real estate. The truism that where a property sits must be its most important characteristic remains undisputed. But what is location, really? What does it mean to homebuyers, and what are the consequences when changes come? The truth is, street layouts, public transportation systems, commuting routes, open space, walking paths, restaurants or shopping, parks, schools and scenic views are malleable both in how they are valued and how they come to b...
Tags: Feature, New York, News, La, Boston, Los Angeles, Atlanta, Radio, Agents, Long Island, Latest News, Industry News, Nyu, Torrance, Manhattan Beach, Levittown

Thoughts on Leadership: The Power of Giving Back

This week started out Sunday in Las Vegas where I attended the Raiders-Kansas City Chiefs Sunday night football game. Then on Monday, I flew back to San Francisco for the 49ers-Los Angeles Rams game, as well as taking a WIG call. On Tuesday, I participated in the Berkshire Hathaway Energy call and monthly virtual CEO leadership meeting. I also attended the San Jose Sports Hall of Fame announcement of the 2021 inductees, where Intero Real Estate Services was a sponsor for the event. On Wednesday,...
Tags: News, America, San Francisco, Radio, Berkshire Hathaway, Las Vegas, Santa Barbara County, Eddie, Santa Barbara, Palm Springs, Bay Area, Latest News, Industry News, Mark, Los Altos, Los Angeles Rams

Revolutionizing the Online Mortgage Experience

Tim Grant, a REALTOR® with Better Homes and Gardens Real Estate Metro Brokers in Newnan, Georgia, has been a huge proponent of Rocket Mortgage with his customers since working with the lender to finance his own home purchase. “The process was unbelievably simple, from the time we put in an inquiry on the website to getting a call from the loan officer five minutes later to having a pre-approval letter within 20 minutes,” explains Grant. Diving into the industry three short years ago, Grant point...
Tags: News, Radio, Mortgage, Lending, Financing, Agents, Grant, Latest News, Industry News, Better Homes and Gardens, Tim Grant, Newnan Georgia, Brokers, Rocket Mortgage, Paige Tepping, Real Estate Brokerage

NAR Touts ‘Resounding Progress’ on Several Federal Policy Issues

To say it’s been a busy year for the National Association of REALTORS® (NAR) would be an understatement. From juggling the impacts of the pandemic to vying for investment in housing in Washington D.C., the association has had its hands full throughout 2021. Hundreds of real estate professionals gathered to hear the latest updates on federal issues impacting the industry during NAR’s annual REALTOR® Conference & Expo at the San Diego Convention Center in California. Co-presenters at the session i...
Tags: Feature, News, Congress, California, Washington, Senate, Joe Biden, Radio, Luxury, House, Teams, National, Agents, Young, Latest News, Industry News

Collaboration Key to Business Growth

Vanessa Bergmark Owner/CEO Red Oak Realty, a member of Leading Real Estate Companies of the World® San Francisco, California Region served: San Francisco’s East Bay Years in real estate: 19 Number of offices: 5 Number of agents: 155 Motto/work philosophy that you live by: Have a sense of urgency. I don’t believe in complacency when running a business. Jameson Doris: What’s your secret to staying relevant in today’s ever-changing real estate landscape? Vanessa Bergmark: Stay...
Tags: Technology, News, Marketing, San Francisco, Business Planning, Radio, Industry News, Best Practices, Success Tips, San Francisco California, Brokers, Lead Story, LeadingRE, Leading Real Estate Companies of the World, Real Estate Brokerage, Jameson Doris

Freddie Survey Shows Rate Uptick

With widespread uncertainty about the path of inflation and the Fed publicly mulling its own rate hikes and bond tapering, mortgage rates began moving upward this week, jumping 0.12% in the space of a week to 3.10%, according to a new survey from Freddie Mac. “The combination of rising inflation and consumer spending is driving mortgage rates higher,” said Sam Khater, Freddie Mac’s chief economist in a statement. “Shoppers looking to buy a home are fueling strong demand while ongoing inventory s...
Tags: News, Radio, Inflation, Teams, National, Mortgage Rates, Agents, Latest News, Industry News, Fed, The Fed, Freddie Mac, National Association of Realtors, Lawrence Yun, Brokers, Khater

Aligning With a Brokerage That Allows for Leadership Autonomy

Casey Brown CEO, Reliant Realty ERA Powered Nashville, Tennessee Region served: Southeast Tennessee and the East Coast of Florida Years in real estate: 23 Number of offices: 7 Number of agents: 800 Motto/work philosophy that you live by: “If you’re not first, you’re last,” and “expect the unexpected.” We’ve always prepared for the bad weather. We have no debt, we’re crazy savers and we didn’t pull back during COVID. Lesley Grand: What ultimately led to your decision to ...
Tags: Technology, Leadership, News, Business Planning, Radio, Nashville, Latest News, Industry News, Best Practices, Success Tips, Nashville Tennessee, Southeast Tennessee, Brokers, Real Estate Brokerage, ERA Real Estate, Casey Brown

‘Closed’ Means Closed: NAR Gives DOJ a Vocabulary Lesson

If the U.S. Department of Justice (DOJ) didn’t know the difference between open and closed, the National Association of REALTORS® (NAR) made sure to tell them. The legal battle between the two parties resurfaced after NAR filed a motion in U.S. District Court on Nov. 12, using the DOJ’s words against them. “The Antitrust Division has now confirmed that it entered into a binding settlement with NAR, under which it ‘did agree to issue a closing letter confirming to NAR that it had closed an invest...
Tags: Feature, News, Radio, Teams, Doj, Agents, Justice Department, Latest News, Industry News, U S District Court, NAR, National Association of Realtors, DOJ s Antitrust Division, Richard Powers, NAR Code of Ethics, Antitrust Division

Why Training Should Be One of Your 2022 Goals

With 2022 almost here, now’s a great time to start formulating goals for the new year. As you determine what you’d like to accomplish, there’s one goal that should be at the top of your list: real estate training. Whether you’re a new agent or starting over in a new area, real estate training will jumpstart your success. You’ll unleash your productivity potential to help take your career to the next level. By making training one of your goals, you’ll increase your odds of achieving even more goa...
Tags: News, Radio, Teams, Agents, Coaching, Latest News, Industry News, Brokers, Buffini & Company, Real Estate Training, Real Estate Coaching

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