Wednesday, 9 November 2016

Social Media, CFPB and More: Brokers Gather in Orlando for Powerful Think-Tank Session

Each year, the National Association of REALTORS®’ (NAR) Conference and Expo provides agents and brokers with the opportunity to network and share their best practices for business, past, present and future. Among the numerous educational sessions scheduled for this year’s Orlando event, one panel set its aim directly on brokers, sharing ideas and challenges affecting […]

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Election Outcome Calls Rate Hike into Question

The outcome of the presidential election has called into question prior indicators of an interest rate rise in December, with analysts now expecting the Federal Reserve to keep the key rate unchanged as markets respond to the result. Housing, currently, is projected to maintain relatively status quo. “The lead-up to the election had no impact […]

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Journal Your Way to Better Productivity

Did you know journaling can help you boost your productivity? The most successful people keep a journal of their days. There’s even a popular system that combines a to-do list with journaling. Many agents take a few minutes at the end of their days to think about what they need to get done the following […]

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Education Insider: How to Find the NAR Designations or Certifications That Fit You Best

In celebration of the National Association of REALTORS®’s (NAR) Designation Awareness Month, we recently discussed the differences between designations and certifications. We’re now going to take it a step further and give you guidance about exactly where to go to research which designations and certifications fit you best or interest you most. NAR and all […]

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A New Twist on Video Training

“The biggest enemy for many real estate agents is waking up in the morning without a clue about what they should be doing that day,” says William Peach, branch vice president of Coldwell Banker Residential Brokerage in Baltimore, Md. Peach, a long-time believer in the online training programs developed by David Knox, observes, “There are […]

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Walkability: It’s Not Just for Grown-Ups

In the last 75 years, humans have done everything to keep from walking. Now, walking is cool, with “walkability” becoming a buzz word in real estate. Whodathunkit? In today’s real estate market, adults buy homes and pay attention to a nifty analytic attached to the homes they might buy: walkability. In short, something is walkable […]

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Bed Stuy Brownstone With Gorgeous Detail, SRO Status Asks $1.699 Million

This four-story brownstone at 125 Halsey Street in Bed Stuy has lately been used as an SRO, and needs to be reconfigured into a one-, two- or three-family home. Other work may well be needed, but there's nice potential here, with some prime period detail. The rowhouse was built circa… Read More >

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Tuesday, 8 November 2016

Serving a New Breed: Power Brokers Address Shifting Role at RISMedia Forum

Service first. It’s a business philosophy that’s stood the test of time for real estate brokers—serve your agents, serve your clients. Your agents now, however, have more brokerage models to choose from than ever—and your clients, as well, are more knowledgeable than the most seasoned on your team. How can you put service first for […]

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Take a 3-Minute Survey to Earn with MVP

NAR PULSE—Spend a few minutes helping REALTOR® Magazine build better handouts for clients and earn a brand new MVP reward, The Who, What, Where and How of Live Streaming and Video Marketing Webinar – Download. By taking action you will also be automatically entered to win a $250 Visa Gift Card. Offer ends Nov. 15! […]

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Down Payment Assistance Programs Unlock the Door to Homeownership

The current housing market is ripe with opportunity. Interest rates remain low, credit availability is expanding, and employment is on the rise. For many hopeful homeowners, however, one hurdle they may not feel comfortable getting over comes in the form of the down payment. In fact, many buyers (and real estate professionals) believe that in […]

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Four Trends to Shape Real Estate in 2017

2017 promises to be an interesting year in real estate. Facing the millennial effect, interest rate questions and economic changes, it’s important for REALTORS® to devote time investigating both their state and local real estate trends, as well as the national factors, determining 2017. Below are four promising trends that will shape the market this […]

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Homeowner Views Move to Align with Appraisers Opinions

Homeowners still view their homes as more valuable than the opinions of appraisers, but only by roughly 1 percent, according to the latest Quicken Loans National Home Price Perception Index (HPPI). That gap, the Index shows, is closing, as homeowner estimates and appraiser valuations edged more toward alignment in October than in September. “This information […]

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Why Women Make Great Real Estate Investors

In the past, real estate investment has been a male-dominated arena. However, as more and more women gain financial independence, they are moving into the real estate market at rapid speed. Below are a few reasons why women make good real estate investors. Women tend to be more comfortable with longer-term investing than men, and the purchase […]

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5 Ways to Fight Gentrification

Cities around the U.S. are experimenting with ways to counter some of the more negative effects of gentrification. A recent study from New York University's Furman Center looks at how they are doing it and evaluates the options.

The study focused on five strategies cities are using to create and preserve… Read More >

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Crown Heights Condo With Private Balcony, Two Bedrooms Asks $529,500

This Crown Heights two-bedroom isn't huge, but it's clean and stylish, and has a small balcony off the master bedroom. It's on the third floor of 943 Saint Marks Avenue, a circa 1907 building that was converted to condos in 2010, and has 19 units. The brick and stone four-story… Read More >

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Monday, 7 November 2016

Celebrating Success, Honoring Leaders at 21st Annual Power Broker Event

An at-capacity crowd of over 500 brokers and industry leaders converged in Orlando on Nov. 4 to attend RISMedia’s 21st Annual Power Broker Reception & Dinner, sponsored by Quicken Loans and Xome and held in conjunction with the National Association of REALTORS® Conference & Expo. The evening recognized the accomplishments of those brokers who ranked […]

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NAR Power Broker Roundtable: Meet Bill Brown, 2016 NAR President-Elect

Introducing Bill Brown, 2016 President-Elect of the National Association of REALTORS®, in this month’s Power Broker Roundtable Moderator: Nicholas (Nick) D’Ambrosia, Liaison for Large Residential Firms Relations, NAR; Broker of Record, The Long & Foster Companies, Chantilly, Va. Participant: Bill Brown, 2016 National Association of Realtors® President-Elect; Founder, Investment Properties, Oakland, Calif. Nick D’Ambrosia: As […]

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The Most Expensive Homes on the Market This Fall

The word “luxurious” doesn’t even begin to cover the extravagance of Point2Homes’ recently released list of America’s most expensive homes. These incredible listings offer everything you can dream of—home theaters, large swimming pools, many acres of meticulously landscaped grounds, and more! 1. 594 Mapleton Drive Los Angeles, Calif. Bedrooms: 14 Bathrooms: 27 $200,000,000 This estate, […]

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Property Values: Blue and Red States Divided on More than Just Politics

Party preference isn’t the only thing dividing red states and blue states. After applying the industry’s most accurate real estate valuations to every home in the U.S., HouseCanary found that there is also a significant and growing divide in residential real estate values between red states and blue states. How big is the divide between […]

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Six Steps to Attract the Talent You Want

A recent case study by ERA Real Estate reveals the six steps essential to successful recruitment—talent attraction tips proven by the professionals who employ them each and every day. Think like your prospect. What you find valuable about your brokerage may be very different than what a prospective sales associate may find valuable. Shake up […]

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Listed: Historic Mansion in the Heart of D.C.

Historic mansion in the heart of D.C…132 rooms, 35 bathrooms and 52 acres….43 previous occupants dating back to 1800…seeking new residents for January 20, 2017—sound familiar? Regardless of whether or not you agree with either of the presidential candidates, the fact of the matter is that come January, the current tenants will be vacating the White […]

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Promising Bed Stuy Brownstone Has Ornate Details, May Need Work, Asks $1.4 Million

This bay-fronted Bed Stuy brownstone may need some work, and maybe quite a lot of it, but it's got some fetching period detail that would reward any renovation effort. It's at 670 Macon Street, between Ralph and Patchen avenues.

Eighteen feet in width, the house is set up with a lower… Read More >

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Heights Mansion-in-the-Making on Willow Street Chops Price to $16 Million From $18 Million

It would have set a record if it sold for $18 million. Now one of the most ambitious developments in all of Brooklyn -- a lavishly appointed, over-the-top mansion at 146 Willow Street -- has scaled back its asking price to $16 million.

It could still happen. Now it's asking just… Read More >

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Sunday, 6 November 2016

Basic Training: Creating Your Own Luck

I love being around lucky people. They believe they’re always going to get the closest parking space at the mall, and they’re going to win the raffle at church or work. They always enter drawings—and believe they’re going to win—just because they’re lucky. Other people will say just the opposite. They never get a good […]

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Down Payment Assistance Programs Unlock the Door to Homeownership

The current housing market is ripe with opportunity. Interest rates remain low, credit availability is expanding, and employment is on the rise. For many hopeful homeowners, however, one hurdle they may not feel comfortable getting over comes in the form of the down payment. In fact, many buyers (and real estate professionals) believe that in […]

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Realtor.com® Works to Enhance Global Real Estate Opportunities

Homebuyers have a new, robust experience that makes global for-sale home search more simple and efficient in the United States and across dozens of countries. Recently, realtor.com® announced the addition of U.S. listings to realtor.com/international, giving users access to more than 4.5 million listings from over 70 countries. The site, which relaunched in July as part of […]

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Race in Real Estate: Black and Hispanic Applicants Twice as Likely to Be Denied Mortgages

White and Asian borrowers are more likely to be approved for a conventional loan than black or Hispanic borrowers, according to the latest federally released data from the Home Mortgage Disclosure Act (HMDA). The disparity persists despite improvements in mortgage access for borrowers over the last few years. In 2015, 22.4 percent of black applicants […]

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‘Flintstone House’ Fails to Sell, Takes Up Residence on Airbnb

Selling a home as iconic as the ‘Flintstone House’ is not for the faint of heart (or for those looking for a quick sale in order to untether themselves from the real estate game so they can spend their retirement traveling). As the current owner of the Hillsborough, Calif., home can attest, it’s time to […]

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Top 10 Brooklyn Real Estate Listings: Park Slope Pads and a Pre-Civil War Home in DoBro

Among our top listings this week were a bunch of notable homes. The real gem of the group was our number one selection -- a pre-Civil War home near the Manhattan Bridge that has managed to survive all the changes that have gone on in Brooklyn over the years.

Although the… Read More >

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Friday, 4 November 2016

Limited Supply Spurs Higher Prices in Third Quarter

Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of REALTORS®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including San Jose, Calif., which had a median […]

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Build Better Client Relationships with American Home Shield®

Working in the real estate industry is about more than helping people find homes. It’s about helping your clients better their lives. “I love getting letters from my clients describing their positive experience,” says Laurie Lundeen of Coldwell Banker Residential Brokerage in Green Valley, Ariz. “It fuels me to search for more ways to improve […]

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Realtor.com® Launches ‘Real Ambassador’ Program

Realtor.com®, a leading online real estate destination operated by News Corp subsidiary Move, Inc., recently announced the launch of the Real Ambassador program, bringing together a select group of real estate professionals to contribute valuable insight to enhancing the realtor.com® experience for consumers and professionals, and to serve as advocates in their local communities. The […]

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While Sales Cool, Manhattan Rents Rise

The real estate market in Manhattan and Brooklyn continues to cool, according to the Q3 2016 StreetEasy® Market Reports. Manhattan rents, however, are now rising faster than Manhattan sale prices. Median rent rose 3 percent over the past year, while median resale price increased by 1.1 percent, which marks the slowest pace of growth since Q4 2010. Resale prices rose the most in […]

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5 Things to Look for in a Neighborhood, No Matter Where You Move

Since relocating is such a major undertaking, it’s vital to thoroughly research your options. This is especially essential regarding an overseas move. Here are five things to assess in a prospective neighborhood to ensure you’ll feel at home, no matter whether your new home is here or abroad. Transportation One consideration is how you’ll navigate […]

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Three Early 20th Century Charmers and One Mystery House to See This Weekend

If it's a standalone house you crave, with actual space and not mere common walls between you and your closest neighbor, you'll be favorably inclined toward this week's open house picks -- we've got three of them, and all look to be in move-in shape. The fourth home is an… Read More >

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Brooklyn Real Estate Listings Six Months Later: One Sold, Two Still Available

This week, we're looking back at four homes for sale we featured six months ago. All gems, one has sold -- and it was the least expensive of the four.

First up is 104 Prospect Park West, whose listing calls the house “among the most special ever offered in Brooklyn,”… Read More >

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Tune in to PNC’s What’s Trending Now Webinars

If you missed last month’s PNC What’s Trending Now webinar, Making the Most of Google AdWords®, it’s not too late to catch the highlights from presenter and internet media expert Jim Marks. Google Adwords® has changed dramatically, now offering new features to increase impressions and drive more conversions. In order to have a successful Google […]

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Thursday, 3 November 2016

The 4 Emotions of the Home-buying Process

More often than not, a buyer’s decision to purchase a new home is based on emotion, not logic. While they may have a checklist that includes the number of bedrooms and bathrooms, square-footage of the backyard or their potential commute, it all comes down to how they feel when they walk inside their dream home. […]

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The Power of Referrals

One of the goals of any real estate professional is to build a steady stream of reliable leads. However, when many agents start out in the industry, they rely on traditional methods to market their business and generate leads. Unfortunately, even as they gain experience, they continue to rely on those unreliable traditional methods of […]

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Distressed Home Sales Plunge to Nine-Year Low

Distressed sales—including bank-owned (REO) sales, sales of homes actively in foreclosure, and short sales—accounted for 12.9 percent of all U.S. single-family home and condo sales in Q3 2016. According to ATTOM Data Solutions’ Q3 2016 U.S. Home Sales Report, these numbers are down from 15 percent in the previous quarter and down from 15.9 percent […]

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Open the Door to Success with Key Tools and Resources from NAR at the REALTORS® Expo in Orlando

It’s not every day that opportunity knocks. Fortunately, one of the best and easiest ways to discover more of them is by attending the 2016 REALTORS® Conference & Expo in Orlando, Nov. 4 – 7, where you can get a firsthand look at key tools, tips and benefits. The party kicks off at Friday’s Opening […]

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Home Decorating Tips for Bookworms

Even non-bibliophiles quaver under the splendor of Belle’s library or shed a small tear when thinking about the library of Alexandria turning into smithereens. Because books elevate any room’s IQ, they have often been used for interior design. But if like me, you find yourself on the hoarding end of the spectrum, your book decorating […]

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No-Fee Prewar Prospect Park South One-Bedroom With Moldings Asks $2,000 a Month

This prewar one-bedroom in Prospect Park South is in good repair, offers decent space and light and nice moldings and parquet floors and carries no fee. It's in a 25-unit building at 1803 Beverly Road, between East 18th and East 19th streets.

It's got a good-sized living room that adjoins the… Read More >

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Wednesday, 2 November 2016

What’s Next in Real Estate? Markets, Trends to Watch in 2017

Real estate in 2017 is to be shaped by cities that meet not only the economic standards of a sustainable market, but also the demand for distinct neighborhoods within those markets. This is according to the Urban Land Institute’s (ULI) and PwC’s latest report, “Emerging Trends in Real Estate® 2017,” which analyzes trends-to-come in both […]

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Blog: Single Women Kick Butt in the Housing Market

Over the past 12 months, single women made up 17 percent of all homebuyers, purchasing at twice the rate of their single male counterparts, according to a new annual report from the National Association of REALTORS®. Furthermore, 2016 research from MGIC Connects shows single women representing the second-largest home-buying group, right behind married couples. This […]

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Interest Rate Rise Shelved until December

Interest rates will rise, but not until December at the earliest, the Federal Reserve announced Wednesday, confirming a long-held view that the Fed would not raise rates ahead of the presidential election. The benchmark interest rate determines the movement of mortgage rates, which currently linger around 3.5 percent. “The Committee judges that the case for […]

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Education Insider: What’s the Difference between a Designation and a Certification?

Throughout the month of November, during what we call Designation Awareness Month, we at the Center for REALTOR® Development—along with the National Association of REALTORS® (NAR) and all of its affiliated Institutes, Societies and Councils—celebrate official NAR credentials. If not already explained explicitly, official NAR credentials are called either “designations” or “certifications.” But what’s the […]

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Giving Real Estate Professionals Every Reason to Succeed

In the following interview, Mark Pessin, managing broker, Carlsbad, regional manager, San Diego of Realty ONE Group, discusses education, social media, training and more. Region Served: San Diego Years in Real Estate: 18 Number of Offices: 3 Number of Agents: 238 Favorite Vacation Spot: San Diego What is one of the challenges your market faces, […]

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Explore America’s Neighborhoods: Georgetown, Washington, D.C.

Think Georgetown and you probably think prime hangout for American University, George Washington University, and, of course, Georgetown University students. Countless bars and restaurants are to thank for this steady influx of youngsters that keep the area lively and engaging. Yet, that is not all there is to Georgetown, a neighborhood that has been recognized […]

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Landmarked Queen Anne in Bed Stuy With 4 Fireplaces Needs Work, Asks $1.3 Million

This four-story 1899 Queen Anne row house with an angled front needs some work, maybe quite a bit, but it's got some original details including moldings and a quartet of fireplace mantels, and could be turned into something nice. It sits at 17 Agate Court, a cul-de-sac off Atlantic Avenue lined… Read More >

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Tuesday, 1 November 2016

Are You Fast Enough? Homes.com Solves the Need for Speed

Remember the days when you had to wait for someone to return your call? And if you weren’t by your landline (simply known as “the phone” back then) when that person called back, forget about it—an endless game of phone tag would ensue before a connection was made and you could finally get what you […]

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Get Winning, Keep Saving with FedEx

NAR PULSE—You work hard to build your business. Now you can make it more rewarding by saving up to 26 percent on select FedEx® shipping simply by signing up for My FedEx Rewards. Enroll for FedEx® shipping services by Nov. 4 and you’ll be automatically entered to win $10,000 or other prizes in addition to […]

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Forecast: Homeowner Wealth to Compound in 2017

Home prices continued their climb in September, up 6.3 percent year-over-year and 1.1 percent month-to-month, according to CoreLogic®’s recently released Home Price Index (HPI™) and HPI Forecast. The Forecast projects a 5.2 percent price increase from September 2016 to September 2017, generating $1 trillion in homeowner equity. “Home price growth creates wealth for owners with […]

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Superior Communication Wins the Day

Keeping the lines of communication open can be a challenging proposition, no matter the organization. And in the real estate industry, where independent contractors wear multiple hats, that challenge is often magnified, according to Anthony Azar, operating principal at Keller Williams Southern Arizona. Serving the Southern Arizona market since 2002, Azar enjoys working with talented […]

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Do Home Remedies for the Common Cold Really Work?

(TNS)—Kids have an average of six to eight colds each year and adults have two to four. Which home remedies do you use for colds and do you know if they really work? Questions have recently been raised about the safety and effectiveness of alternative medicines for treating common problems. Vitamin C Vitamin C was […]

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Two-Bedroom Prewar Co-op With Sunset Park Views Asks $550K

This Sunset Park two-bedroom has inlaid parquet floors, a renovated kitchen and bathroom, low maintenance charges, and a location directly across from the nearly 25-acre Sunset Park. It's on the third floor of a five-story, 68-unit prewar building at 661 41st Street.

The living room and the larger of the two… Read More >

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