The No. 1 opportunity for listings this market expert sees in 2023

This is the market where opportunity abounds for the diligent, professional agent. Homeowners who have been unable to sell their homes need your expertise.

AI now complete with built-in stereotyping

If you want to use the ChatGPT chatbot for marketing, you need to be aware of its limitations and potential drawbacks, writes broker Teresa Boardman. It may make more sense, in fact, to do your own writing.

11 red flags that you’re getting off track in your real estate business

It is possible to tell when your real estate business is going off-course before it’s too late. By keeping your fingers on the pulse of your business, you can evaluate often and adjust your course.

Om in the Home? 5 Home ‘Wellness’ Features You Might Spy in Listings—Are They Worth It?

Photo courtesy of Zimal Contracting and Restorations via Houzz

In the “before times,” you probably didn’t think much about the importance of a mudroom for dropping bags and shedding shoes before entering the main house. The same goes for special antimicrobial surfaces or tech-driven details like touchless taps.

Yet, ever since the COVID-19 pandemic roared through our lives, health and wellness features have become top of mind in home design. And it looks like many of them are here to stay.

These wellness perks are often touted in listings as must-haves—and higher home prices might reflect these “healthy” upgrades. So the burning question is: Are they worth the extra dough?

For some help sussing out which wellness bells and whistles are worth a second look at your budget when you’re house hunting, read on.






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$2.4M Midcentury Modernist Home in Phoenix Designed by Frank Lloyd Wright Apprentice

Realtor.com

A midcentury modern design in the desert is no mirage.

The 3,700-square-foot property was built in 1964 for the Hawkins family and designed by Blaine Drake, a Frank Lloyd Wright apprentice at Taliesin. The home has been owned by only two families. It’s now on the market for $2,495,000.

The four-bedroom, three-bath home in Phoenix last changed hands in 2019 for $1,205,000, according to Realtor.com®.

“It’s a true, unspoiled, midcentury modernist home,” says Scott Jarson, of az architecture. “It hasn’t had any negative changes to it.”








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7 Mistakes People Make When Hanging Curtains—and How To Fix Them

Photo courtesy of Kevin O'Sullivan + Associates via Houzz

Hanging new curtains is one of the best budget-friendly ways to revamp your home. But, it also tends to be one of the most difficult home decor projects to complete correctly.

From not measuring windows right, to incorrectly placing curtain rods, there is a lengthy list of things that can go wrong.

Whether you’re looking to update old living room window treatments or hang functional curtains in the bedroom, be sure to steer clear of these all-too-familiar mistakes.

1. Choosing the wrong curtain length

When deciding on curtains for your home, it’s important to take length into consideration.






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How Much Does Lawn Care Cost? We Break Down What You’ll Spend

karamysh/iStock; smagilov/iStock; realtor.com

How much does lawn care cost? That’s a question home buyers don’t often consider as carefully as they should. When you first lay eyes on that gorgeous spread of grass, it tends to look much greener when you don’t own it.

But once those weeds creep knee-high or the grass starts to brown, you’ll want to know: How deeply do you need to dig in your pocketbook to trim things down to size?

Lawn care expenses will depend, of course, on how much lawn you have, your willingness to do some of the work yourself, and (let’s be honest) just how jealous you want your neighbors to be. But there are some general rules of thumb to help you anticipate how much you’ll have to spend—and how to trim those costs.

How much it costs to mow your own lawn

At the very least, your lawn needs to be mowed. If you choose to do it yourself, you’ll need a lawnmower, which can range in price from less than $100 for a steel-blade push mower ($89.99 on Amazon for this snazzy green mower with a catcher) to $500 to $1,000 (or more) for a gas-powered push mower or rider.

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Vibrant Architectural Masterpiece Makes Waves on Sarasota, FL, Waterfront for $10M

Realtor.com

A colorful, postmodern mansion with flair to spare has hit the market in Sarasota, FL.

The multihued home is considered an architecturally significant structure.

“Architect Don Chapell built the home for himself and family, and I’ve never seen a home where there has been more thought, attention, and custom-planning for every detail,” says Lisa Rooks Morris, who is co-listing the house with Amy Drake. Both are with Premier Sotheby’s International Realty.

The list price is $10 million.











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Which Property Brother Is Better at Renovating Homes? ‘Brother vs. Brother’ Reveals Who Has the Edge

HGTV

While property brothers Jonathan and Drew Scott are both clearly adept at renovating homes, do you ever wonder which sibling is better? The latest “Brother vs. Brother” seems to point to a clear winner.

Drew has won the first two challenges this season, so in the third episode, “Main Bedroom Magic,” Jonathan goes all out to close the gap between their scores. But will his efforts be in vain?

Jonathan plans to spend $100,000 to remove a small bedroom and add that space to the main suite, which includes a luxurious bathroom and walk-in closet.

Drew, on the other hand, plans to attach his property’s accessory dwelling unit to the main house, and make that into a primary suite. He knows he’ll have to spend a little more on that, and budgets $150,000. (This proves to be a surprisingly naive estimate.)


French doors added to the primary suite
Chamfared, or trayed ceiling
Cushy anchor rug
Book matched slabs
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The luxury key for 2023? Maintain relationships and ‘be obsessed’

"We are really not in the real estate business…We’re in the relationship business,” said luxury broker Dolly Lenz at the final session of Inman Connect New York on Thursday.

How these agents found success in the face of tragedy

Amanda Marsh and Amie Quirarte shared their personal experiences at Inman Connect New York on Thursday and talked about channeling endurance and resilience.

PLACE’s Chris Suarez: ‘We need that Day-1 vibe today’

According to Chris Suarez, who spoke at Inman Connect New York on Wednesday, the "Day-1” mindset should be applied by real estate professionals if they want to stay competitive. 

U.S. New Home Sales Rise by 2.3%, Despite Broader Sector Weakness

Getty Images

The numbers: U.S. new home sales rose 2.3% to a seasonally-adjusted rate of 616,000 in December, from a revised 602,000 in the prior month, the Commerce Department reported Thursday.

This is the third month in a row that new home sales have risen. Existing-home sales, on the other hand, continue their downward streak.

The December sales figure beat analyst estimates slightly. Analysts polled by the Wall Street Journal had forecast new home sales to come in at 615,000 in December.

The sales of new homes are below a peak of 1.04 million in August 2020.

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Why top agents see market shifts as an opportunity to shine

At Inman Connect New York on Wednesday, Dana Cadena, Kathy Helbig-Strick and Phillip Salem offered tips for making the transition from a seller's market to a buyer's market.

Real estate coach John Cheplak on reaching clients: ‘Go deep, not wide’

When it comes to reaching your clients, old and new, it’s all about going deep, not wide, according to real estate coach John Cheplak, who spoke at Inman Connect New York on Thursday.

Federal court rules in favor of NAR in longtime DOJ probe

District court judge sets aside DOJ demand for information from the NAR on buyer broker commission and pocket listing rules.

Keller Williams President Marc King on how to thrive in a downturn

The 2008 downturn nearly drove Marc King into bankruptcy. At Inman Connect New York on Thursday, he shared the steps he learned about avoiding financial ruin and instead growing

Ryan Serhant: Interactive media is the next big thing in real estate

At Inman Connect on Thursday, the SERHANT. CEO dished with Inman's Lockhart Steele on the rise of artificial intelligence, ChatGPT, virtual worlds and a more inclusive real estate industry.

Short and long form video tips from social media strategist Katie Lance

Author and strategist Katie Lance told an audience at Inman Connect New York on Wednesday that putting yourself out there on video isn’t about getting popular, and all that matters is trying.

Three Friends Pooled Their Finances and Bought a Queens House Together. Which One Did They Choose?

Unable to afford the homes they wanted on their own, a couple and their friend combined resources and bought a multifamily house. Here’s what they found in western Queens.

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