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Share the New Drive With NAR Podcast with Your Agents

USA Real Estate News-RISMedia - Wed, 2022-05-18 04:03

NAR PULSE—Have your agents recharge their batteries on the road with the new Drive With NAR podcast, with a fresh take on the tools they need to spark more business. Tell your agents to listen in today at magazine.realtor/drive or subscribe wherever they get their podcasts!

Builder Confidence Plunges on Rising Interest Rates, Growing Affordability Woes

USA Real Estate News-RISMedia - Wed, 2022-05-18 04:02

In a sign that the housing market is now slowing, builder confidence took a steep drop in May, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released this week.

Builder confidence in the market for newly built single-family homes fell eight points to 69 in May, and this is the fifth straight month that builder sentiment has declined and the lowest reading since June 2020, according to the report.

More Than Half of Mortgage Borrowers Didn’t Shop Around

USA Real Estate News-RISMedia - Wed, 2022-05-18 04:01

When it comes to getting a mortgage, comparing lenders and shopping around can get you the best rates, but a recent survey by LendingTree shows most people are not doing that.

The company recently surveyed more than 1,000 homeowners to find out why some compare and save, while others believe they got the best rate without seeing competing loan estimates.

Here’s are the key findings from the survey:

Updater Secures $215 Million Investment from Vista Credit Partners

USA Real Estate News-RISMedia - Wed, 2022-05-18 04:00

Updater has announced a $215 million investment from Vista Credit Partners (VCP), a credit and financing partner focused on the enterprise software, data and technology markets.

The investment will provide Updater with growth capital to fund extensive R&D, launch products into new markets, develop additional features for users and invest substantially in talent to support Updater’s continued growth.

What’s your retirement plan or exit strategy? Pulse

USA Real Estate News-Inman - Wed, 2022-05-18 04:00
This week, we're wondering: Are you planning to continue running your business well into your golden years, or have you put a plan in place that will allow you to retire? Do you have passive income investments already, or is that part of a "someday" dream?

NAR, franchisors face long odds in effort to appeal class action status

USA Real Estate News-Inman - Wed, 2022-05-18 04:00
NAR and co-defendants Realogy, Keller Williams, RE/MAX and HomeServices of America are asking a higher court to let them appeal a decision to make an antitrust commission suit a class action.

Julian Johnston on leading a team to help others succeed

USA Real Estate News-Inman - Wed, 2022-05-18 04:00
Julian Johnston wasn't always a natural team leader, but his strong work ethic has helped make him the No. 1 Realtor in Miami Beach and his team the No. 7 small team by sales volume, according to RealTrends.

Tune in: 5 podcasts your wallet will thank you for

USA Real Estate News-Inman - Wed, 2022-05-18 03:55
Fair warning: These podcasts are guaranteed to change how you see money, according to coach Rachael Hite. Keep a notebook handy because you are bound to hit pause and repeat with some of the thought-provoking and budget-changing advice on offer.

5 smart financial and lead gen moves for brand new agents

USA Real Estate News-Inman - Wed, 2022-05-18 03:51
Starting out in the real estate business presents its own unique challenges. By taking the time to consider your finances and lead generation activities, you’ll set yourself up for success in the long run.

Is it a write-off? See which of these 14 expenses agents can deduct at tax time

USA Real Estate News-Inman - Wed, 2022-05-18 03:04
A quick reference guide for common real estate agent expenses to help you determine whether or not they are tax-deductible.
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