Editor’s Note: The Playbook is a new RISMedia weekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every Thursday for another addition to the series. Convincing a…
Winter is here, but that’s no reason to stop selling. Tougher conditions are likely to make homeowners dissatisfied with their current home. Once they start browsing some attractive new listings, that’s when it’s your job to catch their eye. Since you’re selling in a traditional off-season, your approach should be different too. Here are five…
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. According to Mortgage News Daily, the 30-year fixed mortgage rate currently sits at 6.07%, a negligible drop of 0.07% from where it sat on Jan. 9, 2023. The 15-year fixed mortgage rate sits at 5.25%, down…
Even if you’re a residential REALTOR®, it’s not a bad idea to keep an eye on the commercial market. As part of the digital summit held by the National Association of REALTORS® (NAR), Chief Economist Lawrence Yun suggested that the commercial market’s losses could be the gain of the residential market. Yun noted that the…
Is the little blue bird chirping its last tweets? Twitter, under the new leadership of Owner/CEO Elon Musk since October 2022, is experiencing some growing pains. After a recent ultimatum to his employees that they must work “hardcore” (i.e. long hours for no extra compensation), many chose a three months severance package instead. With millions…
The pitch for cryptocurrency is “money for the digital age,” a transformation akin to the transition from the gold standard to fiat currency in the 1930s. Crypto offers decentralized currency which is meant to circumvent the “from on high” centralization of government-backed currency. Transactions and ownership are encoded within “Blockchain,” essentially a digital ledger. It’s…
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. As we’ve been reporting over the past few weeks, mortgage rates have reversed their steady climb. After hitting a 7% peak in the last week of October, rates began heading downward in November. This is believed…
Editor’s Note: The Playbook is a new RISMedia weekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every Thursday for another addition to the series. If people…
First-time homebuyers currently make up 45% of the market but that leaves a big slice of the pie being more-experienced buyers. Maybe these buyers are moving; maybe they’re looking for a secondary home; maybe they’re house-flipping. Experienced homebuyers will be more formidable than first timers in knowledge and available resources alike, so agents should have…
As the inventory challenge continues in many markets around the U.S., a pressing question about why more new homes aren’t being built, even though there is demand for them, is on the minds of many industry professionals. Earlier this month, Marketwatch held a webinar designed to answer that question. Aarthi Swaminathan, a personal finance reporter…
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