News


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How to Earn More Referrals This Holiday Season

 Thanksgiving and Black Friday are now in our rearview mirror! Hanukkah starts today, and with Christmas and New Year’s right around the corner, now is the perfect time to reach out to your clients. Without regular touches, former clients could easily forget that you’re still an active agent in their area and may not refer you to their friends and family. So with that in mind, here are three ways to check in with your former and current clients during the holiday season: Host a holiday cont...
Tags: Productivity, Facebook, Feature, News, Marketing, Holiday, Business Planning, Radio, Agents, Latest News, Industry News, Best Practices, Success Tips, Referrals, Real Estate Agent, Real Estate Career


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


Is That House You’re Considering a Flip? Here’s What to Know

(TNS)—Not all houses are created equal. In any given price range, every property you’re going to look at will have its pros and cons. This applies even more so if you’re considering a home that was recently renovated by a flipper. You certainly don’t need to avoid properties that are being flipped, but there are some things to watch out for if you’re looking at one. House flipping is hardly new—in fact, Bankrate wrote a whole guide on how to do it a few years ago. But as real estate prices skyro...
Tags: News, Homeownership, Investment, Radio, House, Zillow, Denver, Latest News, Industry News, Homebuying, Stephanie, Bankrate, Consumer, Real Estate News, Tribune Content Agency LLC, Home Flip


Adwerx Secures $14.5M in Funding for Customer Relationship Advertising™ Platform

Adwerx, the Customer Relationship Advertising (CRA) platform, recently announced that it has secured $14.5M in a combination of equity and debt from Texas Capital Bank’s Technology Banking Group, Savano Capital Partners, and existing investors.  Their enterprise software business has increased 70% over the last twelve months, according to the company, and the funds will be used to support continued growth. The Adwerx CRA software integrates with existing CRM systems to automatically generate ind...
Tags: Technology, News, Funding, Marketing, Investing, Radio, Latest News, Industry News, CRA, Real Estate Marketing, Real Estate Technology, Adwerx, Jed Carlson, Company Management, Customer Relationship Advertising CRA, Adwerx CRA


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

Patricia Schlosser Broker/Owner CENTURY 21 Morrison Realty Bismarck, North Dakota www.century21.com/real-estate-agent/profile/patricia-schlosser-P25324325 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


Real Estate Q&A: Who Pays Balance of Special Assessment if Property Is Sold?

(TNS)—Q: Our association will be remodeling the clubhouse, and there will be a significant assessment. We will have the option to pay off the amount in one lump sum or over 10 years. If I sell while paying off the assessment, am I responsible for paying the balance, or does the new owner take over the payments? — Asher A: Many communities have aged to a point where significant renovations must be done to ensure residents live with safe and well-maintained buildings and amenities. As any homeowne...
Tags: Florida, News, Radio, Legal News, Latest News, Industry News, Asher, South Florida Sun Sentinel, Consumer, Condo, Consumer Content, Gary M Singer, Special Assessment


Regional Spotlight: Florida’s Median Prices March Forward

Florida’s housing market showed higher median prices, more cash sales and tight inventory levels in October compared to a year ago, according to Florida REALTORS® latest housing data. “In markets across the state, the for-sale inventory continues at low levels, and that puts pressure on prices and also impacts closed sales—some buyers may have paused their home search for now,” said 2021 Florida REALTORS®  President Cheryl Lambert in a statement. “Last month, the median time to a contract was 12...
Tags: Florida, Real Estate, News, Housing Market, Radio, Latest News, Industry News, Inventory, Freddie Mac, Real Estate News, Real Estate Market, Home Values, Home Prices, Florida Realtors, Florida Realtors ® Research Department, Cheryl Lambert


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


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


Suburbia Trending as Work-From-Home Options Grow

Suburban housing demand is increasing, according to a new report from realtor.com®, 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 realtor.com® 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


SCV Announces Early Acceptances to 2022 REACH Australia Program

Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, recently announced the early acceptance of three companies as part of the 2022 REACH Australia program. REACH Australia is a scale-up program that helps propel technology companies throughout the real estate, finance, banking, home services and insurance industries in Australia and Southeast Asia. The companies chosen for early acceptance to the 2022 REACH Australia program are as follows: Futurerent:...
Tags: Technology, News, Australia, Southeast Asia, Marketing, Radio, National, Latest News, Industry News, Soho, NAR, APAC, National Association of Realtors, Real Estate News, Reach, Real Estate Technology


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


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


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


Real Estate Marketing Ideas for the 2021 Holiday Season

The most wonderful time of the year is upon us. Holidays are fast approaching, and though it can be easy to get swept away in the excitement, it is important to keep up marketing efforts for your real estate business. In addition to your routine marketing strategy, adding in some seasonal and holiday-specific content this time of year can boost engagement and help keep you top-of-mind. Not sure what to share? Here are some ideas for both online and in-person, to spread joy and highlight your bra...
Tags: Feature, News, Marketing, Business Planning, Social Media, Social Media Marketing, Radio, National, Agents, Holiday Season, Branding, Latest News, Industry News, Best Practices, Success Tips, Host


Updater Raises $60M in Funding to Grow in Relocation Market

Updater Technologies, a technology platform powering the relocation industry, has announced it closed approximately $60 million of funding. Investors in the new convertible note round include multiple long-time backers of Updater, including Second Century Ventures, the strategic investment arm of the National Association of REALTORS®. Updater has closed approximately $60 million, with an option to raise approximately $15 million in additional capital, for a potential total $75 million convertibl...
Tags: Real Estate, Technology, News, Radio, United States, National, Moving, SoftBank Capital, Latest News, Industry News, NAR, Real Estate News, David Greenberg, Relocation, Real Estate Technology, Josh Abrams


MBA Introduces 2022 Affordable Rental Housing Advisory Council

The Mortgage Bankers Association (MBA) recently announced the members of its 2022 Affordable Rental Housing Advisory Council. The Advisory Councils on affordable rental housing and affordable homeownership were formed in 2019 to provide important strategic and practical guidance to MBA’s CONVERGENCE Initiative, the association’s affordable housing effort. “This Council will guide our efforts in bringing together key stakeholders to work on solutions aimed at affordable rental housing,” said Stev...
Tags: Renting, News, Homeownership, Housing, Mba, Radio, National, Affordability, Cbre, Latest News, Industry News, Advisory Council, Garland, Staton, Steve O Connor, Real Estate News


Zillow Subject of Multiple Lawsuits Over iBuying

The hits keep on coming for Zillow. After first pausing in October and then officially sunsetting its iBuying business earlier this month, Zillow has now been hit by two investor class-action lawsuits that claim, among other things, that the real estate giant “made materially false and/or misleading statements” in regards to iBuying, failing to disclose to investors many fundamental issues that plaintiffs claim made it “reasonably likely” that Zillow would have to abandon the model. Both suits a...
Tags: Real Estate, News, Radio, National, Seattle, Zillow, Latest News, Industry News, Real Estate News, Zillow Group, Jesse Williams, Jeremy Wacksman, Zillow Group Inc, Real Estate Brokerage, Allen Parker, Richard Barton


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


Millennials Collaborating to Attain the American Dream of Homeownership

The affordability issues in the housing market aren’t going away for younger buyers. The financial challenges hindering millennial homeownership have been well documented between overwhelming student loan debt and record-level home prices. However, some within the cohort are carving their own path to the American dream through teamwork. “Affordability is a key issue for young buyers or first-time homebuyers entering into the market with limited housing inventory, so pooling incomes with a roomma...
Tags: Feature, Real Estate, New York, News, Homeownership, Housing Market, Radio, Millennials, National, Seattle, Smith, Agents, Wall Street Journal, Latest News, Industry News, Homebuying


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


The Principles of Team Success, Part 2: Productivity

ICYMI: Last week, I talked about why it’s so important to identify a clear purpose for being in real estate and building a team—you must define your “big why” if you want to develop a successful business. Without a focused purpose, it doesn’t matter much what you do to advance the business because you have nowhere particular you want to go. Henry David Thoreau once wrote: “It is not enough to be industrious; so are the ants. What are you industrious about?” It’s easy to feel busy working in real...
Tags: Productivity, Feature, News, Time, Business Planning, Radio, Teams, Agents, Coaching, Latest News, Industry News, Best Practices, Success Tips, Henry David Thoreau, Real Estate Agent, Real Estate Career



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