Brokers Face Technology Adoption Challenges Head On Real estate has been an industry in transition as new technologies emerge almost daily to reshape the way buyers and sellers search for homes. The price of this progress has been one of changing not only the industry’s attitude about technology, but our adoption of it.
From...
2015-09-26
Brokers Ready for Long-awaited Interest Rate Increases After years of speculation about interest rates, it appears the Federal Reserve is finally poised to raise them in December. The move – which sets the cost of borrowing for banks and, consequently, the price of mortgages for homebuyers – has been one that brokers across the...
2015-11-25
Brokers Report 2015 Numbers, Forecast the Year Ahead The official results for 2015 are in, and the nation’s leading real estate companies are now submitting their verified numbers for RISMedia’s 28th Annual Power Broker Survey, the industry’s longest-running ranking of America’s top brokerage firms. The Power...
2016-01-29
Brokers Sell the Experience, So Agents Can Sell Real Estate The key to running a successful real estate brokerage often comes down to having better agents than the competition. It’s not enough to have the most experienced agents or even the smartest ones. For a true competitive advantage, a brokerage needs a team of connected, aggressive...
2018-11-28
Brokers Strategize for Inevitable Rate Hikes As a real estate broker, you have a lot of control: control over the marketing of the property; control over your team; and the ultimate power to bring buyers and sellers together at a price that is right for both, while bringing a fair commission back to you.
But, for all their...
2015-06-23
Brokers Turn to Services Amid Pull From 100-Percent Models As the business model for real estate brokerages continues to evolve, commission structures have emerged as a hard line of demarcation. Essentially, there are two different types of brokerages today: those that split commissions with agents, and those where agents keep "100...
2018-10-29
Brokers: Don’t Fear the Election, Use It The 2016 presidential election has caused quite a stir throughout the nation, and when the Republican and Democratic conventions are held this summer, all of the campaign rhetoric, media blitzes and impassioned arguments on both sides of the political spectrum will likely make people...
2016-06-07
Brokers: Join Peers from across the Country at CEO Exchange Event With the housing market recovery well under way, real estate professionals across the country are starting to once again knock sales out of the park. National housing trends indicate rising home values and pent-up demand, so both agents and homeowners are primed to step up to the...
2014-07-28
Brokers: Mortgage-Interest Cap Plan Would Be Unfair to High-end Markets Few in the real estate brokerage community think the latest proposal to cap mortgage interest deductions will actually become law in Washington.
The Speaker of the House—an anti-tax Republican and leader of the same party of the plan’s author, Rep. Dave Camp, the...
2014-03-26
Builders Lean on Agents to Keep Buyers' Credit on Track from Sale to Closing The nation’s builders are understandably buoyant about what’s looking like a sustainable housing recovery as more buyers re-enter the market at a time when inventories are low in many areas.
But what tempers builders’ giddiness is their challenge in locating...
2014-03-26
Builders Target REALTORS to Locate Buyers in Recovering Markets In the first weekend of May, Atlanta-based builder FrontDoor Communities is scheduled to host the grand opening of its latest model home at Andalusia, a community in Naples, Fla., that, when completed, will have 167 homes.
Co-hosting the event is John R. Wood Properties, one of...
2014-04-24
Building New Mobility Skills for RDs and Top Agents The Relocation Management industry has largely reinvented itself in recent years. RM companies have been taking on much broader responsibilities for administering and analyzing their clients’ relocation programs and redistributing business volume.
Along the way, the...
2016-03-04
Can Shadow Inventory Help Relieve Price Pressure? Home prices grew at the fastest pace in seven years in 2013. This is good news for property owners, both homeowners and landlords, as they witnessed, on average, a $32,000 gain in housing equity over the past two years. The equity increase is an immediate financial gain for...
2014-01-21
Capital Expenditures on Technology Driving 2016 Financial Plans, CFOs Report Chief financial officers (CFOs) plan to significantly increase their company's capital spending in 2016, as the economic outlook remains positive, despite forecasts of an interest rate increase and uncertainty in government policies heading into an election year.
According to TD...
2015-11-20
Capitalize on Cross-Border Business The number of houses purchased by U.S. border neighbors accounted for almost one quarter of all foreign home-sale purchases last year. According to NAR’s 2015 Profile of Home Buying Activity, 14 percent of these homebuyers are from Canada and 9 percent from Mexico. Canada’s...
2015-09-24
Case-Shiller: Home Prices (Positively) Wilt Appreciation continued to shrink this spring—but the narrative overall is positive, with double-digit gains now settling into smaller, sustainable upticks.
In alignment with a consistent trend, annual appreciation in March weakened to 3.7 percent, according to the latest...
2019-05-31
Case-Shiller: Home Prices Settling Into Stable Territory Appreciation is continuing to level off, marking a return to steadier times.
In December, home prices rose 4.7 percent, according to the S&P CoreLogic/Case-Shiller Indices, newly released this week. In November, home prices were up 5.1 percent.
"2018 was a...
2019-02-27
Cash is King: First-Timers Give Way to Bidders Coming Out of Foreclosure xxxxx The all-cash buying craze has not let up at all in early 2014. In fact, most states have seen an increase in cash purchases—a stunning trend when you consider how popular cash buyers were last year and the fact that many institutional buyers are starting to drop...
2014-05-27
Census Bureau: U.S. Economy Added Nearly 245,000 Nonemployer Businesses in 2012 The number of businesses without paid employees in the U.S. reached 22.7 million in 2012, up 1.1 percent from 2011, according to statistics recently released by the U.S. Census Bureau. This marks the third straight annual increase in nonemployer businesses, which are businesses with no...
2014-04-25
Census Bureau: U.S. Mover Rate Remains Stable For the past several years, the mover rate has remained between 11.5 and 12.5 percent, according to recently released 2014 statistics from the U.S. Census Bureau. The mover rate between 2013 and 2014 was 11.5 percent or 35.7 million people age 1 year and over.
"When the...