RIS Media Real Estate News

The changing of the seasons provides several opportunities that savvy real estate professionals can lean on to keep their business booming. With spring in the rearview mirror and summer in full swing, it’s not too late to capitalize on seasonal behavior.  While this year’s market has been tough on everyone, leveraging the seasonal behavior of…

The post 4 Ways to Leverage Summertime for Your Business appeared first on RISMedia.

Last week, I wrote about my biography-a-week plan, inspired by Charlie Munger, so this week, I want to focus on Mr. Munger and his endlessly inspirational leadership. Charlie Munger, vice chairman of Berkshire Hathaway Inc., was born on January 1, 1924, in Omaha, Nebraska. Munger worked for Warren Buffett’s grandmother but didn’t meet Mr. Buffett…

The post Thoughts on Leadership: 10 Lessons From Charlie Munger appeared first on RISMedia.

Above: Gino Blefari, left, Frank Fields and Wendy Forsythe No matter where you are in your real estate career, if you’re looking to reinvigorate your business, setting aside time for professional development is key. And while there’s no shortage of resources for those looking to expand their knowledge base, we asked a few of our…

The post Ask the Newsmakers: Influential Real Estate Career Books appeared first on RISMedia.

After a decades-long career running Southern California’s CENTURY 21 Award, David Romero has spent the past year fielding some big changes. After joining forces with brokerage powerhouse CENTURY 21 Affiliated roughly one year ago, Romero recently made another big switch, leaving the CENTURY 21 brand altogether to come on board as executive vice president of…

The post Why David Romero Found a New Home at Realty ONE Group appeared first on RISMedia.

Consumer sentiment grew to 8% in June, the highest level in four months, according to data from the University of Michigan. The report found that sentiment is now 28% above the historic low from a year ago, but continues to remain historically lower. The outlook over the economy grew 28% over the short run and…

The post Consumer Sentiment Grows in June appeared first on RISMedia.

Editor’s Note: RISMedia recently released its 2023 Top 1,000 Power Brokers, exclusively for RISMedia Premier Members. In this special interview series, we talk to some of our top-ranking brokers to garner their insights and strategies for sustaining their firms’ success. For more information, click here.  Despite the housing-industry split-screen of 2022, starting out with low-interest…

The post The Power Broker Interview: Christina Pappas on Marking One of the Keyes Company’s Most Successful Years, Despite Market Shifts appeared first on RISMedia.

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. The Federal Reserve made the critical announcement that they are pausing interest rate hikes at their meeting Wednesday afternoon. “We have been seeing the effects of our policy tightening on demand in the most interest…

The post Mortgage Mix: Major Announcement From Fed Points to Better Times appeared first on RISMedia.

For those who missed our previous deadline, RISMedia’s 2nd Annual Rookie of the Year contest is open to accepting nominations for one last day. The nomination page will close tonight, June 16, at 11:59 pm. Nominations may be submitted here.  This year’s Rookie of the Year contest will include honors for five regional winners, which…

The post Final Call for Rookie Nominations appeared first on RISMedia.

The housing market and economy haven’t done many companies any favors as of late, but they seem to have been especially hard on players in the iBuying sector. That appears to be the case for Offerpad, as the company aims to rally investors with a new reverse stock split on its Class A and Class…

The post Offerpad Implements Reverse Stock Split to Stave Off NYSE Delisting appeared first on RISMedia.

Over 400 real estate agents and professionals participated in RISMedia’s latest webinar, “How Technology Is Changing the Home-Buying Process.” Julie Lashay Israel, head of inclusion and belonging for Keller Williams Realty International led the webinar of panelists including Victor Ciardelli, founder, president and CEO of Guaranteed Rate, David Voorhees, executive director of Labs at Keller…

The post Webinar Recap: How Technology Is Changing the Home-Buying Process appeared first on RISMedia.

While neighbor disputes are relatively common, sometimes they can get more complicated than an argument over noise or pets. If one of your neighbors is ignoring an encroachment on your property, it can be difficult to resolve, but it’s something you shouldn’t leave until later. We will examine an encroachment and what you should do…

The post Things to Know About Encroachment in Real Estate appeared first on RISMedia.

Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has announced the selection of eight companies to its inaugural REACH Latin America (LATAM) cohort.  “This is a groundbreaking moment for Second Century Ventures as we extend our REACH program into Latin America,” said NAR CEO and SCV President Bob Goldberg. “We’re…

The post Second Century Ventures Announces REACH Latin America Cohort appeared first on RISMedia.

Editor’s Note: The Playbook is an RISMedia biweekly 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 other Thursday for another addition to the series.  The list of…

The post THE PLAYBOOK: Addressing the Tough Questions Surrounding Today’s Market appeared first on RISMedia.

As we arrive at the mid-year point of 2023, brokerages large and small are carving out time to step back and evaluate just how far they’ve come since the beginning of the year…and how they’re tracking toward meeting their sales volume and transaction goals before the year is through.   Now in its 35th year, our…

The post Tracking Changes to RISMedia’s Power Broker Report Top 100 appeared first on RISMedia.

The 30-year fixed-rate mortgage (FRM) averaged 6.69%, down from 6.71% the previous week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This is the second week in a row of declines. This week’s numbers: 30-year fixed-rate mortgage averaged 6.69% as of June 15, 2023, down from last week when…

The post Mortgage Rates Continue to Come Down appeared first on RISMedia.

After two and a half years of robust price growth, home prices in the Mid-Atlantic have been relatively flat for the past three months, according to a new report from Bright MLS. However, homes continue to sell very fast and the lack of new listings suggests that prices in the region may have bottomed out…

The post Mid-Atlantic Market Remains Competitive Amidst Low Inventory appeared first on RISMedia.

Berkshire Hathaway HomeServices Nevada Properties will, through Its Nevada Real Estate Academy, offer live in-person summer night courses throughout June and July, the company has announced. The goal is to provide those with daytime jobs and responsibilities the flexibility to participate.  The course will help students prepare for the state’s license exam through a 120-hour…

The post Berkshire Affiliate Offers Summer Night Courses appeared first on RISMedia.

If you’re looking for your big opportunity to break into the exciting luxury real estate market, you’re not alone. For real estate professionals, this is an extremely competitive market due to the higher earnings potential and opportunity to work directly with affluent clients. With so many real estate professionals striving to get their foot in…

The post 6 Ways to Get Started in Luxury Real Estate appeared first on RISMedia.

Above, Ginger Wilcox, left, and Alex Vidal ERA ® Real Estate (ERA) and Better Homes and Gardens® Real Estate (BHGRE), two venerated franchises within the Anywhere Real Estate companies, have announced new leaders at both brands.  Effective immediately, Alex Vidal will serve as brand president of ERA, taking the helm of the company that was…

The post ERA, Better Homes and Gardens Real Estate Announce New Presidents appeared first on RISMedia.

In a market of elevated prices, negotiations have become an important tactic to help homebuyers save money. In fact, 63% of homebuyers have negotiated home price reductions, according to a new report from LendingTree. LendingTree’s new report surveyed nearly 2,000 U.S. consumers about their negotiation experiences while buying a home, and found that 38% of…

The post Negotiations Take the Forefront in a High-Price Market appeared first on RISMedia.