Impacts of Appraisal Bias Felt by Real Estate Professionals
Conversations surrounding racial bias in real estate aren’t new, but they have resurfaced as home appraisals gaps based on subjective judgment have slighted minority homeowners looking to capitalize on their accrued equity. Recent reports have placed a more public light on the adverse effects in minority neighborhoods. However, they also raise questions among industry professionals […]
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New-Home Sales Bumped Up for Third Consecutive Month
New-home sales for single‐family properties in September 2021 were at a seasonally adjusted annual rate of 800,000, according to the latest Census data. This is 14% above the revised August rate of 702,000, and the third month in a row of increases. However, it is still 17.6% below last year’s numbers. Market breakdown: New-Home Sales: 800,000 […]
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Housing Groups Release Statement Regarding Unused Rental Assistance Funds
According to the latest report from the Treasury Department, disbursed Emergency Rental Assistance Program (ERAP) payments now total nearly $2.8 billion, with more than 510,000 households receiving assistance. However, according to the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC), this is less than a quarter of the total emergency rental assistance […]
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JPAR Named Fastest-Growing Franchise
JPAR® Real Estate has announced that, based on the data reported in the National Association of REALTORS® (NAR) 2021 Franchise Report, it is the No. 1 Fastest-Growing Franchise by Percentage of Office Growth. “We’re honored to have achieved this impressive recognition of our company’s growth,” said Laura O’Connor, president and COO, JPAR® Real Estate, in […]
Fever Pace of Home Price Gains Slowed in August
The surge in single-family home prices held firm in August, but experts indicate that signs of the feverish rate is slowing. The most recent S&P CoreLogic/Case-Shiller Indices showed double-digit price gains in August, marking the fifth consecutive month of the activity. Home prices climbed by 19.8% in August, maintaining the same rate as the month […]
The Why, What and How for a Successful 2022
If your team hasn’t started already, now is the time to plan for 2022. It’s easy to become overwhelmed at the thought of business planning and never get around to it. To simplify the process, you’re going to establish the “why,” “what” and “how” behind business planning. Identifying the main reason why you and your […]
7 Proven Ways to Simplify Lead Generation and Double Your Income
Lead generation in real estate is overcomplicated. Everyone wants to “get the lead,” and perhaps each agent feels that an online lead or a paid lead is a more qualified and ready buyer or seller. Let’s face it; most aren’t, and they come with a referral fee. The most successful real estate agents with over […]
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Proactive Steps for REALTORS® to Develop a Strong Cybersecurity Posture
Cybercrime is increasing in frequency and severity across industries. In 2020, the FBI’s Internet Crime Complaint Center (IC3) received a record 791,790 cybercrime complaints with reported losses exceeding $4.1 billion. This represents a 69% increase in total complaints from 2019. As reliance on digital technology continues to increase, so too do cyberthreats. The real estate […]
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NAR Announces 2021 Good Neighbor Award Winners
For 22 years, the Good Neighbor Awards has recognized REALTORS® who make an extraordinary impact on their communities through volunteer work. The five individuals named as this year’s National Association of REALTORS® (NAR) Good Neighbor Award winners serve as an example of how REALTORS® make their communities a better place to live, work and raise […]
Weichert Announces LiveWell Benefits Program
Weichert, REALTORS® has announced a new benefits program that offers its sales associates nationwide access to comprehensive health and wellness plans, including medical, dental, vision, term life insurance and more. Available to associates from Weichert’s company-owned offices as well as Weichert Real Estate Affiliates’ franchised offices, the Weichert LiveWell program is designed to provide peace […]