Flipping a House: 4 Risks to What Can Be a Profitable Endeavor
Fully 10% of all U.S. houses sold in the first quarter of 2022 were flipped, according to ATTOM Data Solutions. While the job of a REALTOR® is to help clients buy and sell houses, sometimes they themselves buy properties to update and resell for profit. So agents should know the ins and outs of house-flipping,…
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Thoughts on Leadership: Lessons From Bruce Lee
May is Asian American and Pacific Islander Heritage Month, a time to recognize the outstanding achievements, historic contributions, and cultural influence of this community on the United States and beyond. So, in honor of AAPI Heritage Month, I’d like to dedicate this post to an AAPI leader who had a profound impact on my career…
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In Advocacy, REALTORS® Take the Lead
Last year was a year of action by the National Association of REALTORS® (NAR) that achieved tangible legislative and policy results on affordable housing supply. This year, we’re continuing this fight. Because of our work in 2022, Congress knows a shortage of 5.5 million affordable homes available for purchase—the largest such shortage in 50 years—has…
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How Do Real Estate Pros Stand to Be Impacted by Montana TikTok Ban?
On May 17, 2023, Montana became the first U.S. state to ban TikTok. The bill, SB419, was passed by the Montana House of Representatives in a 54 – 43 vote and signed by Governor Greg Gianforte (R-MT). The legislation outlaws TikTok from being used within Montana state lines. TikTok parent company ByteDance and App stores…
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The Power Broker Interview: Josh Harley On Tackling a Challenging Market
Editor’s Note: RISMedia recently released its 2023 Top 1,000 Power Brokers, exclusively for RISMedia Premier Members. In this special interview series, we talk to some of our top-ranking brokers to garner their insights and strategies for sustaining their firms’ success. For more information, click here. Josh Harley, the CEO of Fathom Realty, says agents at…
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Food for Thought? Agents Say Grim Homebuying Poll Results Out to Lunch
There aren’t that many products in which consumers read about or hear on the news whether people think it’s a good or bad time to buy them. Supermarket shoppers don’t normally wonder whether they should or shouldn’t get grapes or paper towels based on the opinion of others. And it’s unlikely that many folks take…
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Mortgage Mix: Debt-Ceiling Uncertainty Influences Mortgage Market
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. The 30-year fixed mortgage rate experienced some upward pressure as debt-ceiling debates continued this week. According to the latest Primary Mortgage Market Survey® from Freddie Mac, rates hit 6.57%, climbing 18 basis points from the…
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Setpoint Acquires Resolute Diligence Solutions
Setpoint has acquired Resolute Diligence Solutions, a due diligence provider focused on Single Family Rental (SFR) and Residential Transition Loans (RTL). Resolute, according to a release, is the preferred partner by the world’s largest banks and private lenders as well as originators. The combination of Resolute’s outstanding service and Setpoint’s technology will revolutionize fintech lending. …
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Interview: When Playing the Long Game Pays Off
For HomeTeam Inspection President Adam Long, being a part of the real estate industry for 18 years has been richly rewarding. “At the end of the day, it’s all about helping clients and, especially from a home inspection standpoint, making sure they know what’s going on with their most important purchase,” he says. As the…
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The Flight to Quality: Recruiting Opportunities in a Challenging Market
Moderator: Kymber Lovett-Menkiti, President, Keller Williams Capital Properties, Washington D.C.; Broker Relations Liaison, National Association of REALTORS® (NAR) Panelists: Lauren Smith, Designated Broker, Windermere Real Estate, Seattle, Wash. Gary Scott, President, Allen Tate, REALTORS®, Charlotte, N.C. Lindsay Dreyer, CEO, City Chic Real Estate, Washington, D.C. Kymber Lovett-Menkiti: From a broker’s perspective, the flight to quality…
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