Deadline Extended to Nominate a 2023 Rookie of the Year
If you missed the Monday deadline to submit a candidate for RISMedia’s second-annual 2023 Rookie of the Year, you have a little more time to get those nominations in. Nominations may be submitted here through midnight on Monday, June 12. This year’s Rookie of the Year contest will include honors for five regional winners, which…
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Cash Rules, New Study Finds
Since October 2022, the share of buyers purchasing their home without a mortgage has consistently been more than one-quarter of the market. The share is collected monthly in the REALTORS® Confidence Index and includes buyers who purchased primary homes, investors and vacation buyers. These all-cash homebuyers are happily avoiding the higher mortgage interest rates, which…
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Mortgage Originations Fall to 20-Year Low
In Q1 2023, 1.25 million mortgages secured by residential properties (1 to 4 units) were originated, down 19% from Q4 2022 and the eighth quarterly decrease in a row, according to a new report from ATTOM. ATTOM’s Residential Property Mortgage Origination Report for Q1 2023 found that the 1.25 million mortgages was down 56% from…
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Team Tactics: 5 Reasons Why You Should Host Virtual Open Houses
If you and your team are going to sell homes, you need to show them first. An open house is like a product demonstration; no one can blame buyers for wanting a look at what you’re selling before they commit. When so much shopping is done digitally nowadays, there’s no reason that real estate sales…
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4 Steps New Real Estate Agents Can Take Right Now to Succeed
After a few hectic years, it seems that we’re returning to a more balanced market—one that an estimated 70% of real estate agents who have been in the business for five years or less have never experienced. Change can be hard, and many agents are starting to question if they actually have a solid business—or…
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Women in Real Estate: Building a Successful Partnership
Above: Jacquelynn Rossiter, left, and Debbie Zolan Debbie Zolan and Jacquelynn Rossiter met in 2010 while working at the same brokerage, and several years later, they thought their collaboration was too good to keep to themselves—eventually founding New York’s Zolan Rossiter Team at Compass in 2021. Here, Zolan and Rossiter discuss what makes their partnership…
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Home-Prices Growth Continues, but Is Slowing
While home prices continued to grow in May, the growth slowed to the lowest rate on record since 2016, according to a new report from Realtor.com. Realtor.com’s Monthly Housing Trends Report for May found that the median listing price grew by 0.9% to $440,000, up 38% from 2019. Active listings were up 21.5%, but down…
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LeadingRE Adds Tongo to Solutions Group Program
Leading Real Estate Companies of the World® (LeadingRE) has added the financial tool Tongo to its solutions group program, the company has announced. Tongo, which boasts of “creating financial freedom for real estate agents,” specializes in liquidity-focused products. Said products are designed to give agents stable cash flow and investment capital, especially between closings. “Tongo’s…
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June Cover Story: An Inspiring Past, a Limitless Future
Leading Real Estate Companies of the World® Marks 60th Anniversary by Honoring Members and Innovating for the Next Chapter Any company that makes it to the 60-year mile marker in business most likely has a history peppered with change, growth, big wins and bumps in the road—all of which have served to make it adaptable,…
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Improving Company Culture in Your Real Estate Brokerage
How would you describe your real estate business? Would you start with the people who work there? The market? Defining a company, in many cases, is about defining a culture. While fostering a company culture may feel like it should be on the bottom of your to-do list, according to Forbes, it is becoming one…
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