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Site Matching Sellers, Agents Raises $40M:

Realtor Magazine, ... real estate professionals, is rapidly growing and nabbed $40 million this week to further enhance its process for locating agents based on performance metrics. The site, founded in 2012, connects sellers with real estate agents based on the practitioners sales performance data. HomeLight culls data from more than 100 different sources and evaluates nearly 30 million transactions across the country.

NAR CEO Talks Innovation:

Tue, 15 Aug 2017, The real estate market cant shut their eyes and pretend that no one is going to mess with real estatebecause they ... The news of Amazon getting into the real estate market shouldnt have been a surprise because Goldberg said they should have been going out and looking at the ...

Independent Settlement Services, HouseCanary Offer New Value Report:

Tue, 15 Aug 2017, ... that leverages decades of data and proprietary algorithms for its valuations. The Value Report offers instant AVMs, risk assessments, and real estate market data for individual single-family homes and condos, as well as portfolios. The Value Report ranks properties against their 10 closest comparables, delivers a three-year value forecast, and offers a suitability score based on sales history.

Digital Marketing Is Key, REALTORS Say:

Mon, 14 Aug 2017

Realtor Magazine, Digital Marketing Is Key, REALTORS Say. Social media is increasingly a vital part of a real estate professionals marketing strategy. Seventy-four percent of REALTORS recently surveyed cited awareness as the main outcome of their social media efforts. Sixty-four percent of 265 REALTORS recently surveyed say they plan to commit more time to social media, and 60 percent plan ...

Stop Wasting Time With the Wrong Leads:

Wed, 9 Aug 2017 Blog, ... get a copy of the 5-star rated workbook, Plan to Win. to transform their real estate sales game plan... Dr. Lee Davenport is an Atlanta-based real estate coach who trains agents, teams, brokerages, and other business organizations on how to use todays technology to work smarter. Join Lees free RE Tech Insiders Club by visiting www.LearnWithLee.REALTOR.

Consumers Fear Another Housing Bubble:

Wed, 9 Aug 2017

Realtor Magazine, ... next two years, according to the latest survey of more than 1,000 Americans from ValueInsureds Modern Homebuyer Survey. Many consumers surveyed say they believe that real estate is reaching the top of the market. Because of that, 83 percent of Americans surveyed say now is a good time to sell their home, up 9 percentage points since last quarter.

Luxury Home Prices Soar Even More:

Wed, 9 Aug 2017

Realtor Magazine, ... luxury homes in the second quarter of the year surged 7.5 percent compared to a year ago. Its the first time the luxury markets gains outpaced the rest of the market since 2014, according to data by the real estate brokerage Redfin. Redfin defines the luxury markets as the top 5 percent of the priciest homes sold in each city.

In Stress Test Case, GSEs Would Need Another $100 Billion:

Tue, 8 Aug 2017

Mortgage News Daily - Blogs, The Severely Adverse scenario was identical for both GSEs. It sets forth a situation where there is a severe global recession accompanied by elevated stress in both corporate financial and commercial real estate markets. Asset prices are significantly reduced, there is significant widening of corporate bond spreads, and liquidity conditions are strained.

A Cruel Season for Buyers:

Tue, 8 Aug 2017

Realtor Magazine, Buyers were still requesting tours at the same rate in June; however, 11 percent fewer buyers were submitting an offer, according to a recent survey by the real estate brokerage Redfin, which surveyed 15 major metro housing markets. Typically, the housing market starts to slow in late summer, and prices drop slightly.

GSE Capital Put to the Test:

Mon, 7 Aug 2017, Tests under the Severely Adverse scenario, according to the FHFA, are based upon a severe global recession which is accompanied by a period of elevated stress in corporate financial and commercial real estate markets. It includes large reductions in asset prices, significant widening of corporate bond spreads, and strained market liquidity conditions.

Bidding Wars: Dont Blindly Take Highest Offer:

Mon, 7 Aug 2017

Realtor Magazine, Bidding Wars: Dont Blindly Take Highest Offer When your seller receives multiple bids on their property, the highest offer shouldnt always be their default choice. If it comes with an appraisal contingencyand the appraised value doesnt match the sale priceyour seller could be back at square one, looking for another buyer. With the national median home price reaching $263,800 in Junea record high, according to the National Association of REALTORShome prices in many markets are escalating so quickly that appraisals

The Demand for Land Widens:

Mon, 7 Aug 2017

Realtor Magazine, The Demand for Land Widens. A dearth of suitable land for residential development is posing a big challenge for the real estate market. The 2017 REALTORS Land Institute survey shows that the overall number of land transactions over the past year for residential use is up, clocking in at 25 percent of the total.

6 Important Things To Know About New-Home Upgrades:

Sun, 6 Aug 2017

Realty Times, You may be limited in the options you can choose. If you have something specific in mind and you don't see it offered by the builder, always ask your real estate agent or the sales professional in the new-home community. Depending on how flexible they are, you might be able to negotiate custom-ordered items into your home.

New Avenue for Military Vets to Enter Commercial Real Estate:

Fri, 4 Aug 2017

Realtor Magazine, ... U.S. Navy SEAL, with tours of duty in Afghanistan, Europe, South America, and Africa. When he decided to retire from the military, he used the GI Billwhich supports education and job training for vetsto transition into commercial real estate by taking CCIM designation courses. This was the most comprehensive pathway I found into the industry, Guild says.

Amazons Alexa Adds More Real Estate Skills:

Thu, 3 Aug 2017

Realtor Magazine, ... and smart-home devices, so we wanted to make sure there was another Coldwell Banker Skill for Amazon Alexa available to help the community keep a pulse on the latest trends and breaking real estate headlines, says David Marine, senior vice president of marketing for Coldwell Banker Real Estate LLC.

Relationships, Marketing Key to Satisfaction:

Wed, 2 Aug 2017

Realtor Magazine, With the real estate market remaining strong, it is more important than ever that agents, buyers, and sellers focus on the trade basics, especially for first-timers, says Greg Truex, senior director of the at-home practice at J.D. Power. When agents remain transparent, informative and responsive, they can greatly impact customer satisfaction and increase agent reputation and recommendations.

Commercial Agents See 11% Jump in Income:

Wed, 2 Aug 2017

Realtor Magazine, Commercial Agents See 11% Jump in Income. Real estate pros specializing in commercial real estate are seeing an increase in gross income and sales volume, according to the National Association of REALTORS 2017 Commercial Member Profile, released Wednesday. Getting Started: Contemplating a Career in Commercial Real Estate. The median gross annual income for 2016 was $120,900, an 11 percent ...

Tax Free Exchange: A Valuable Alternative To A Home Sale:

Tue, 1 Aug 2017

Realty Times, Tax Free Exchange: A Valuable Alternative To A Home Sale Congress is currently talking tax reform. Two very important real estate benefits are on the so-called "chopping block", either to be completely eliminated or significantly curtailed. It is doubtful that the home owner exclusion of up to $500,000 (or $250,000 if you file a single tax return) of profit will be impacted; there are too many homeowner voters who will forcefully object.

Top Field Guides for July 2017:

Tue, 1 Aug 2017 Blog, Top Field Guides for July 2017 Field Guides are one-stop resource packages on dozens of subjects of interest to REALTORS. On each page youll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used field guides from Information Central for the month of July 2017 was released today: Field Guide to Quick Real Estate Statistics Field Guide to Opening a Real Estate Brokerage Field Guide to Being a New REALTOR Field
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Bob Goldberg Takes Reins as NARs 12th CEO:

Tue, 1 Aug 2017

Realtor Magazine, A revolution is brewing on almost every level of organized real estate, driven by legislative, MLS, technology, and market forces, said Brown, a REALTOR from Alamo, Calif. He said he expects Goldbergs tenure to be marked by discovery, innovation, and progress to shape our industry and keep REALTORS at the ...

Redfin Shares Surge Amid Stock Market Debut:

Mon, 31 Jul 2017

Realtor Magazine, Redfin Shares Surge Amid Stock Market Debut. Online real estate brokerage Redfin made a strong debut on the stock market Friday, beating expectations. Stock shares for the brokeragewhich calls itself the technology-powered real estate brokersurged more than 44 percent. Redfin specializes in using mobile apps to help customers schedule home tours or suggest listings, and the brokerage ...

Julys Hottest Housing Markets:

Thu, 27 Jul 2017

Realtor Magazine, Further, the National Association of REALTORS reported this week that 54 percent of existing homes were on the market for less than a month in June. Vallejo, Calif., once again topped realtor.coms list of hottest real estate markets in the country... Source: Americas 20 Hottest Real Estate Markets for July 2017, (July 27, 2017.

3 Tips to Get Leads From Your Website:

Wed, 26 Jul 2017 Blog, Im talking about leads coming from our own websites. Its the Holy Grail of real estate marketingcoveted by many but acquired by few. Internet leads can be more profitable and easier to convert. Instead of running around every day chasing prospects, being rejected, or being hung up on while making a cold-call, we can turn the wheels and ...

Critiquing The 15-Year Home Loan:

Tue, 25 Jul 2017

Realty Times, In good real estate market conditions, property values increase on a yearly basis as much as 10 to 15 percent. Even in bad times, we all hope that property values will at least keep up with inflation, although obviously there will be dips and decreases in the market values on a periodic basis.

Canadian Housing Policies Could Hurt Economy, Analysts Warn:

Mon, 24 Jul 2017

Realty Times, The measures have worked, at least in the short term, as the real estate market in Toronto took a breather. But a proposal by the federal regulator of financial institutions would require that anyone applying for a mortgage would have to pass a "stress test" of 200 basis points over their qualifying rate before they could be approved.