Most Recent Articles About Real Estate Tools
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North Carolina Regional MLS in Collaboration for Interactive Video Software Platform
NCRMLS represents over 12,000 brokers and appraisers, with a footprint encompassing over 47% of North Carolina. Continue Reading North Carolina Regional MLS in Collaboration for Interactive Video Software Platform
Silverton Mortgage to Present Speaker Series for Real Estate Agents
The first presentation will be held on Feb. 20 at 11:00 EST on LinkedIn Live. Continue Reading Silverton Mortgage to Present Speaker Series for Real Estate Agents
Additional Reading: Realtor Tools & Insights
Can a Pizza Oven Boost a Home’s Sales Price?
But some amenities may have the opposite effect on sales. Continue Reading Can a Pizza Oven Boost a Home’s Sales Price?
GTIS Partners Debuts Build-to-Rent Community Development Subsidiary
Seven additional build-to-rent communities are now underway. Continue Reading GTIS Partners Debuts Build-to-Rent Community Development Subsidiary
ChatGPT Can Now Respond to Real Estate Sales Objections
Big Purple Dot (BPD), a provider of customer relationship management (CRM) and recruiting solutions for the mortgage and real estate industries, has announced the integration of ChatGPT into its CRM ecosystem. Big Purple Dot now offers its clients an advanced...
Hottest US Housing Markets Now Have Bigger Share of Price Cuts
Source: Yahoo Finance --- (Bloomberg) -- US cities that saw some of the biggest jumps in home prices during the pandemic now have the largest shares of price cuts, according to data compiled by Zillow Group Inc. Overall, the proportion of active real estate listings...
Demand For Vacation Homes Is Now Below Pre-Pandemic Levels
Source: Redfin --- High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom. Demand for vacation homes has fallen below the pre-pandemic baseline for the...
REAL ESTATE AGENT TRAINING: THE SECRET TO SUCCESS IN A CHANGING MARKET
Source: RisMedia --- In today’s changing real estate market, agents must be up-to-date on industry trends, as well as the larger fiscal changes in the world around us. From new technologies to inventory issues, to the post-pandemic shifting of customers’ needs, real...
What Is an Escalation Clause in Real Estate and When Should You Use One?
Source: Realtor --- What is an escalation clause in real estate, and how does an escalation clause work? When you’re deciding on what price to offer on a home, the situation might call for a single price or, in some cases, numerous prices via an escalation clause. In...
How To Reinvent Yourself & Your Business Enterprise
Once you have decided to reinvent yourself, the next decision is whether to stay in your chosen field or select a new one. Continue Reading How To Reinvent Yourself & Your Business Enterprise
Existing-home sales dip again as median prices reach historic heights
Source: Scotsman Guide --- Existing-home sales fell for the fourth straight month in May, sliding to a two-year low as median prices topped $400,000 nationally for the first time ever, according to the National Association of Realtors (NAR). Total sales ended May at a...
More Than 40% of Home Sellers Are Dropping Their Prices in Salt Lake City, Boise, Sacramento and Other Pandemic Hot Spots
Source: Redfin --- An increasing share of home sellers are lowering their asking price as rapidly rising mortgage rates cut into buyers’ budgets and homebuying sentiment drops. Price drops are especially common in mid-sized metros in the West–particularly in Utah–many...
Homebuyers on a $2,500 Monthly Budget Have Lost $118,000 in Spending Power This Year Amid Surge in Mortgage Rates
Source: Redfin --- A homebuyer on a $2,500 monthly budget has lost nearly $120,000 in spending power since the end of last year as mortgage rates have nearly doubled. That buyer can afford a $399,750 home at today’s mortgage rate of roughly 6%. That’s a staggering...
WHAT TO KNOW ABOUT AN OFFER TO PURCHASE IN REAL ESTATE
Source: RisMedia --- Buying and selling real estate is a big deal—and it can be a tricky to understand at times. That’s why it’s so important to have a clear understanding of the offer-to-purchase real estate form. This form can be a crucial part of the buying and...
Housing’s Slowdown Has Economy on the Edge
Source: Bloomberg --- For more than a year, we watched the scalding-hot housing market with a mix of alarm (anyone who was just thinking of buying or selling), horror (anyone already deep in the process) and caution (economists everywhere). Now? Historically low...













