Revenues rise and profits fall for eXp amid a ‘challenging’ Q3

EXp World Holdings revenue increased 12 percent to $1.2 billion during the third quarter of 2022; however, its profitability slid 81.5 percent to $4.4 million — a reflection of an increasingly choppy market.

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Slight dip in mortgage rates not enough to spark homebuyer demand

Demand for purchase loans fell 1 percent last week compared to the week before, and was down 41 percent from a year ago, according to a new Mortgage Bankers Association survey released Wednesday.

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What are the biggest challenges facing indie brokers right now? Pulse

As we launch into Indie Broker Month, tell us: What are the biggest challenges you are facing right now as an independent broker?

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Real estate companies are about to tell us just how bad the downturn is

Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market.

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How to build a local Facebook group that actually generates leads

Developing highly successful and engaged Facebook groups takes time, commitment and a value-added perspective. Stacey Soleil shares tips from the best-of-the-best groups and the real estate agents who run them.

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Your 2023 business depends on nailing this seller conversation

To flourish as the market changes, you must be able to persuade your sellers to price their homes correctly for market realities. Author and trainer Bernice Ross offers strategies and a script you can use to have difficult, but necessary, conversations.

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Old, tired, out-of-style: 5 mistakes that are ruining your social media

Creating a strategy upfront isn't enough to keep your social media on point long-term, according to luxury marketing expert Laura Stace. Ensure that your social media presence is meaningful, engaging, and up-to-date by avoiding these common mistakes.

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Haven scores $8M Series A to help mortgage servicers cross market

The latest funding round, led by Fifth Wall with participation by Fidelity National Financial, RWT Horizons and 1Sharpe Ventures, brings the total funding to date to $13.5 million.

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Rently’s latest technology ensures applicants find their way

The wayfinding technology assists people in navigating parking lots, interior walkways and around property grounds to arrive at the exact doorstep scheduled for showing.

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Home prices continued to fall in September, buyer demand cooled

Home prices posted a 0.5 percent decline between August and September and were up 11.4 percent from September 2021, according to new data

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NAHREP’s 10 Disciplines help Hispanic Realtors develop wealth

Broker and trainer Justine Jimenez Garcia shares how the National Association of Hispanic Real Estate Professionals (NAHREP) and its 10 Disciplines help Hispanic Realtors develop a path to personal wealth and optimal influence.

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‘Godfather’ director Francis Ford Coppola’s island lists for $2.2M

Francis Ford Coppola has leased the island for the last six years but also rented it out to visitors when he and his family were not using it through The Family Coppola Hideaways tourism company.

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After stable stretch, lumber’s roller coaster ride scales yet another hill

Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com.

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JPMorgan rolls out its own property management platform

Story, a property management platform aimed at helping landlords, managers and tenants, is the banking giant's attempt to put JPMorgan at the center of a $500 billion rental housing industry.

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Redfin’s Glenn Kelman has a theory on why housing prices are plunging

Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out in 2022, Kelman said in a new interview.

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11 how-tos to help you plan your tax season

Running your own business comes with a slew of rules, regulations and obligations. As a new agent, it's critical to keep your finances in check and prepare for taxes from the get-go. We've rounded up our top resources to help you get ahead of what's coming April 15.

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Fintech Stake rolls out program for landlords to help struggling tenants

Among other offerings, Stake1 is designed to track a tenant's financial activity with the intent of using on-time payments as a mechanism to improve credit rating,

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The Agency debuts office on Long Island’s South Shore

The new office builds upon the brokerage's existing presence in Long Island, where it launched a franchise on the north shore in 2021, and marks the brokerage's 65th office overall.

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Will Elon Musk’s Twitter torpedo real estate’s most critical debates?

Elon Musk is already shaking things up just days after buying Twitter. That could have big implications for some of real estate's most pressing debates.

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10 tips for throwing an un-be-leafable fall event on a budget

Now is the perfect time to plan an event to thank your clients, showcase your business and attract potential buyers. With a little creativity and planning, you can throw an event that’ll rival your competitors without breaking the bank, author and coach Darryl Davis writes.   

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