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Daily market update: February 23, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Freddie Mac’s Primary Mortgage Market Survey: The 30-year fixed-rate mortgage (FRM) averaged 4.16 percent with an average 0.5 point for the week ending Feb. 23, 2017. This is up from last week when it averaged 4.15 percent. A year ago […]

Open house robberies change real estate in Northeast Ohio

Many moving parts drive an open house — welcoming potential buyers, making sure marketing materials are front-and-center, refreshing the snack supply and keeping sellers away for the afternoon. But one thing real estate agents may want to add to their to-do lists (if they haven’t already) is double-checking doors and windows before closing up shop, just […]

Podcast: Crazy sh*t in real estate Episode 8 — When fur, claws and scales drop in at the home inspection

Reposted with permission — show notes and credits available here. Dead cats. Raccoons. Snakes! Welcome to the weird life of a home inspector. Jeff Baker drops in on this podcast to share some of his crazy stories. Do you have a crazy real estate story to share? Email Leigh for your chance to tell it on the […]

Rob Hahn and Greg Robertson launch ‘Industry Relations’ podcast

What do you get when two of real estate’s most well-known, outspoken bloggers get together to hash out controversial topics about the industry you know and love? The new Industry Relations podcast. Rob Hahn, managing partner of real estate consulting firm 7DS Associates and author of the the Notorious R.O.B. blog, and Greg Robertson, co-founder […]

January existing-home sales show fastest seasonally adjusted annual sales growth in almost 10 years

The first month of 2017 sets the year up for a red-hot start after what NAR Chief Economist Lawrence Yun called a “soft” December. In January, NAR’s existing-home sales spiked 3.3 percentage points to a seasonally adjusted annual rate (SAAR) of 5.69 million — up from an upwardly revised 5.51 million in December. This month’s sales pace is […]

A luxury consumer brand takes flight: The Arlo Skye story

“The idea behind luxury is that it’s timeless,” said luxury luggage brand CEO and co-founder Mayur Bhatnagar on stage at Inman Connect New York. Hear how he built his brand to appeal to high-end customers…. Source: click here

Why price shouldn’t take priority in your real estate technology decisions

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe.A real estate agent here in Truckee, California, asked what I charge to write website content and listing copy.I told her, and she said flatly, “That’s too expensive.”At no point did she inquire more about my background, ask why […]

Bridge-building and the psychology of sales: A conversation with Portia Ryan

Sales resistance: It’s common because we all hate being sold.We hate being sold; we hate being closed; we hate feeling manipulated.That’s why the psychology of sales is actually all about feeling the responsibility to not manipulate when communicating with people.Because of social media, news outlets and entertainment via our handheld computers, we are so inundated […]

Fake it ’til you make it in real estate? Absolutely not

Reposted with permission from Matt Bonelli. The popular phrase “fake it ’til you make it” seems to get thrown around a lot in the real estate industry. I’ve actually heard this given out as advice to new agents. I get that it’s not easy starting out, but faking it is probably the worst thing you […]

Gary Gold launches Voodoo Agent, a luxury real estate video series

Call it mojo. The x-factor. Mad game. In real estate, we are in the performance business. We get paid when we execute. You know that wildly successful producer in your office who you wouldn’t trust as a barista at Starbucks? That person’s got it: Voodoo. But the unexplainable magic touch that wins deals can be fleeting. The […]

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