Economic headwinds and booming interest rates pushed sales down by 3.4% in April as inventory soared 7.2% above March, according to National Association of Realtors data released Thursday
6 takeaways from NAR’s midyear conference
From voting to raise membership dues to requiring fair housing training to learning best practices for artificial intelligence, Realtors are steering their own fate in the industry.
Sisu claims transaction revolution is underway with portal 2.0 update
Sisu, a proptech that combines sales cycle and workflow automation with performance tracking technology, said Client Portal 2.0 aims to refine how agent teams interact with critical vendors.
Homes for Sale in Manhattan and Brooklyn
This week’s properties are in Turtle Bay, Hamilton Heights and Bedford-Stuyvesant.
Homes for Sale in New York and New Jersey
This week’s properties are five-bedroom homes in Huntington, N.Y., and Glen Ridge, N.J.
Where Can You Find a No-Fee Rental?
A median-priced New York City rental apartment could come with a broker’s fee of nearly $7,000.
Four Bedrooms for $275,000? An Upstate Couple Hoped to Find a Family Home to Grow In.
Outside Rochester, N.Y., the lakeside city of Geneva brims with historic homes. But when a young family went looking, they found few for sale. These were their options.
How to keep in touch with clients in an authentic way
Whether you're reaching out to current or past clients or cultivating new leads, authenticity and human connection are essential, writes The Agency's Mauricio Umansky.
5 marketing metrics brokers and team leaders should scrutinize
To drive growth and profitability, writes Eric Bramlett, it's important to keep your eye on the bottom line, and these numbers will help you do just that.
5 types of Realtor videos that put passive prospecting on autopilot
Video is the most impactful place for you to spend your marketing dollars. Jimmy Burgess helps you ensure you're doing it right with five types of video designed to get you noticed.
How to encourage collaboration among your staff and agents
A sense of team spirit between staff and agents boosts morale and makes clients feel like they have more resources at their disposal, according to The Agency's Rainy Hake Austin.
What if the commission is only $1? NAR’s legal team weighs in
At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can't count on a "standard" commission and will have to negotiate compensation with clients and listing brokers.
Republicans turn up heat on Fannie and Freddie mortgage fee flap
The Federal Housing Finance Agency has formally requested public feedback on what its goals and priorities should be in setting Fannie Mae and Freddie Mac's pricing structure.
Real Brokerage CEO touts in-works app as the ‘future of real estate’
Tamir Poleg believes an in-the-works, consumer-facing app his brokerage is developing will dramatically alter the process of buying and selling a home.
LeadingRE appoints ‘ever-evolving’ Chime to partner-solution list
Leading Real Estate Companies of the World has added Chime, a well-known technology partner, to a list of business resources the company offers its 550-member firms, according to a company announcement.
Mortgage demand slips with homebuyers wary of rate volatility
Rise in mortgage rates defies expectations as unusually wide "spread" between 10-year Treasury yields and mortgages reflects investor fears of another refi wave.
Matterport overhauls account plans amid subscriber growth
Much-needed changes were made according to account level. Customers were lumped into buying what seemed like random blocks of home scans with big gaps between the number of digital twins allowed.
Builder confidence rises as low inventory hikes new-home demand
New homes now represent a third of all homes on the market. That’s 2.5 times higher than the historical average for the two decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI.
WeWork’s Sandeep Mathrani steps down as CEO after 3 years at helm
After only three years, Sandeep Mathrani is leaving the CEO position. WeWork board member David Tolley will take over in the interim.
Housing starts post rebound in April but inventory remains tight
Housing starts rose 2.2 percent month over month in April, as homebuyers increasingly turn to new construction to combat low inventory in the resale market, the US Census Bureau reported Wednesday.