RIS Media Real Estate News

CENTURY 21 New Millennium co-owners, Mary Lynn Stone, president, and Todd Hetherington, founder and CEO VITALS:  CENTURY 21 New Millennium Years in business: 25 Size: 21 offices, 950 agents Regions Served: Virginia, Maryland and Washington, D.C. 2022 Sales Volume: $3 billion 2022 Transactions: 6,890 Todd Hetherington is founder, CEO and co-owner of NM Management, Inc.,…

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It’s been a long time coming, but folks—and the economy—can take a cautious sigh of relief as the Federal Reserve has snapped the interest-rate hiking streak it’s been on for more than a year.  In arguably the most anticipated announcement since embarking on their 14-month campaign, Fed officials announced Wednesday that they would take a…

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The real estate market is experiencing unprecedented dynamics, raising questions about the possibility of returning to normal levels of inventory. The scarcity of available homes has created a trigger effect, with potential buyers opting to delay their home-buying plans due to limited options and sellers being motivated to stay put, as they see no immediate…

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After four weeks of declines, mortgage applications increased 7.2% from last week’s dip of 1.4%, according to the latest Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) Weekly for the week ending June 9, 2023.  The Market Composite Index, a measure of mortgage loan application volume, increased 7.2% on a seasonally adjusted basis from…

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The Rock Family of Companies, consisting of Rocket Companies, Bedrock, and others, has announced that the organization’s team members have now spent 1 million hours volunteering with community organizations and nonprofits. Team members have participated in more than 150,000 volunteer events with more than 4,800 organizations nationwide. Volunteering efforts of this sort are managed by…

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Weichert Real Estate Affiliates, Inc. has announced that Weichert, Realtors® – Nexon, a real estate agency in Apollo Beach, Florida, has joined its national franchise system. The company becomes the 39th Weichert® franchised office in Florida. Weichert, REALTORS® – Nexon is owned and operated by Hanforft “Han” Bautista, a successful real estate broker and investor…

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NAR PULSE—Top level training in less than ten minutes! Share the latest episode of Level Up at your next team meeting to learn from top professionals in the real estate field whose depth of knowledge you can rely upon to inform critical real estate decisions.  RPR® Unveils Shareable Market Trends RPR® has made it super…

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BoxBrownie.com announces a new way to automate the copywriting process for crafting captivating property descriptions for your listings with its new, free AI-powered technology.  How does it work?  The technology allows users to input a property’s key selling points, select essential details like the number of bedrooms and bathrooms, and choose your preferred listing length.…

The post Product Showcase: Introducing the Future of Real Estate Copy appeared first on RISMedia.

Nearly half of homeowners (43%) don’t think they need to update their house before listing it—but that is not what buyers think—according to a new report from Curbio. Curbio’s new Preparing to Sell: 2022 Home Improvement Report surveyed homeowners to learn more about the misconceptions people have regarding pre-listing home improvements.  Key highlights: 67% of…

The post The Pre-Listing Home Improvements Buyers Want appeared first on RISMedia.

Christie’s International Real Estate held its annual agent conference, the second under current leadership, from June 5-6, 2023 in Miami, Florida. The two days included presentations and panels: among those who spoke were co-CEO Thad Wong and president Chris Lim. Edgardo Defortuna, president and CEO of the host affiliate Fortune Christie’s International Real Estate, also…

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Forbes Global Properties has announced it is expanding its presence in Canada with the acquisition of the Bennett Property Shop. The brokerage will exclusively represent the brand in Ottawa and is one of just three brokerages that have thus far been selected in Canada. Marnie Bennett, who has been a licensed real estate professional since…

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RISMedia Senior Managing Editor Paige Tepping accepting the award at NAREE’s annual conference. RISMedia has announced that its monthly national print publication, Real Estate magazine, has received the Silver Award for Best Residential Real Estate Trade Magazine from the National Association of Real Estate Editors (NAREE) during the organization’s 73rd Annual Journalism Competition. The awards…

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The latest Consumer Price Index (CPI) released this morning showed inflation hitting its lowest level in over two years at 4%, providing powerful evidence that the economy is on the right track just as the Federal Reserve meets to make its next rate hike decision. Coming in lower than many expected, the CPI reading for…

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Above: CoStar CEO Andy Florance The discussion surrounding the real estate portals and their evolving services is growing, and CoStar Founder and CEO Andy Florance doesn’t want his company to be overlooked in the conversation, which was evident in a recent Richmond Times-Dispatch report where he unpacked plans for an ongoing expansion of CoStar’s biggest…

The post In the News: CEO Exchange Presenter Andy Florance Hints at CoStar Expansion appeared first on RISMedia.

A total of 35,196 properties have foreclosure filings, up 7% from last month and 14% from last year, according to a new report from ATTOM. ATTOM’s U.S. Foreclosure Market Report for May found that nationwide one in every 3,967 housing units had a foreclosure filing. States with the highest foreclosure rates were Illinois (one in…

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British transplant William Close, who arrived in the U.S. with his diplomat parents 26 years ago, learned early in life that service excellence is a cornerstone of success. So, it is no surprise that the William Close Group (WilliamCloseGroup.business@gmail.com), a 55-agent mega-team serving clients in the tri-state area of Virginia, Maryland and Washington, D.C., is…

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Team synergy relies on good communication. While fostering effective communication is one thing to tackle, the methods through which your team members stay in touch is a whole other ball game. Real estate is a busy life to lead, so the individuals who work on your team won’t always be able to meet and speak…

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As a real estate agent in the current housing market, it can be challenging—or even downright scary—to navigate the constantly changing landscape. However, by putting the 80/20 principle in place in your business, you can streamline your efforts and focus on the tasks that will bring the most significant results. The 80/20 principle, also known…

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OneKey MLS recently hosted its first-ever Info Track program—a hub of training sessions and expert insights to help real estate professionals grow their businesses—as part of the 35th Annual Long Island Board of REALTORS® Education Conference and Trade Show.  OneKey stated that the all-day seminar brought together notable industry leaders who shared knowledge and experience…

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If you are getting ready to enter the real estate market, you might not realize there are differences between real estate agents. Agents help buyers and sellers through a home transaction, but what are the different real estate agents, and what do they do? We look at buyer’s agents, seller’s agents, and dual agents. Those…

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