Inman’s Top 5 stories of the week Feb. 17-23, 2023

Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Feb. 17-23, 2023.

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New-home transactions roar to life with strongest sales pace in a year

A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau.

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BHHS Chair on housing market angst: ‘This too shall pass’

No matter what the market's doing, the way you show up is the biggest factor in determining your outcomes. Jimmy Burgess talks with Gino Blefari, CEO, HomeServices of America and Chairman, Berkshire Hathaway HomeServices, about where we've been, where we are and where we're going next as individuals and as an industry.

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What are Zillow, Keller Williams and Realtor.com investing in?

Major industry players discuss what the landscape of technology might look like in 2023, and where agents should focus their efforts.

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Rila aims to capture home ‘vibes’ with 30-second short-form videos

The update also includes what the real estate search app calls a "home-centric machine learning media classifier," or an algorithm that improves its content recommendations with each use.

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NAR rolls out 5th ‘That’s Who We R’ ad campaign after fee hike

The campaign's core message this year is "here for it all" with the aim of showing how the nation's more than 1.5 million Realtors work to make the dream of property ownership a reality.

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New development tips: It’s not just who you know, but what you know

Jessica Peters of Douglas Elliman gives the inside scoop on new development in today's market in the new Inman Access class.

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OJO CEO John Berkowitz on the AI revolution: ‘We’re in a hype cycle’

OJO founder and CEO John Berkowitz shares what a Chinese translation of "crisis" means for his company and what impact artificial intelligence might have on real estate.

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RealCheeky’s small brokerage transaction management solution needs work, but fundamentals are intact: Tech Review

RealCheeky isn’t necessarily a daily login. It’s a service provider that uses technology to deliver its transaction coordination service product after all pertinent paperwork is submitted.

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How to put AI to work to make more money in your real estate business

ChatGPT is poised to become a truly disruptive technology — if you know how to use it. As she wraps up this three-part series, Bernice Ross talks with Jeff Lobb about specific content marketing use cases for ChatGPT.

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It’s a tool, not a solution: What top pros are saying about ChatGPT

Unchecked and unregulated AI has the potential to blur the lines of authorship and ownership, at the very least. Perhaps the less obvious reason to proceed with caution is ownership of your voice and not abdicating your unique expertise and value to a bot.

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You plus ChatGPT: 3 ways to upgrade your Instagram content

Trying to figure out how to use AI without creating generic-sounding content? Social media expert Michelle Berman-Mikel shares three ways that you can use ChatGPT for Instagram without automating yourself out of personal connections.

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Real estate industry welcomes FHA premium cuts, with caveats

Cuts are expected to save borrowers $678 million a year but don't apply to existing loans or release homeowners who have built up equity from "life-of-loan" requirements.

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Opendoor’s losses doubled in Q4 as the iBuyer’s revenue fell 25%

The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That's better than the previous quarter, but a big jump from the same period in 2021.

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Chime: Chatbot AI Assistant at 93% conversational accuracy

The company attributes the success to "consistent coaching and humanizing of the chatbot," which in the past year increased daily messages by 322 percent and daily lead responses by over 108 percent.

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RE/MAX Alliance Group and Capital Realty join forces in merger

The deal brings RE/MAX Capital Realty under the operations of the RE/MAX Alliance Group, growing the combined companies' forces into a total of about 400 agents and staff.

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Anywhere profitability dips in Q4 as executives brace for disruptive 2023

Revenue declined 33 percent in the fourth quarter of 2022 — and 13 percent year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment.

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Ohio 4th state to sue MV Realty over allegedly ‘shameful business model’

Ohio is the latest state to file suit against MV Realty for deceptive practices following probes by regulators over its "homeowner benefit agreements" in Florida, Pennsylvania and Massachusetts.

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Lawsuit accuses eXp agents of sexual assault, drugging women

According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events.

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Broker Spotlight: Boris Fabrikant and Collin Bond, The Fabrikant Bond Team at Compass

Find out how these attorneys, brokers and friends put their legal and financial expertise to work to create exceptional outcomes.

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