Leading by Example
Norma Hinojosa Broker/Owner RE/MAX Elite Mission, Texas www.homesrgv.com Region served: Deep South and Coastal Bend areas of Texas Years in real estate: 16 total, 14 as a broker Number of offices: 4 Number of agents: 125 Best learning experience: “I became a broker in 2007 when real estate was at its peak. Because of my […]
Bo Menkiti: Empowering Agent Entrepreneurs
Vitals: Keller Williams Capital Properties Years in business: 14 Size: 8 offices, 1,000-plus agents Regions served: All of Washington, D.C., Southern Maryland and Northern Virginia 2019 sales volume: $2.3 billion 2019 transactions: 4,757 www.kwcapitalproperties.com As Founder and CEO of The Menkiti Group and Keller Williams Capital Properties, Bo Menkiti has been responsible for a portfolio […]
NAR: Foreign Investment Down in U.S. for Existing-Home Sales
The National Association of REALTORS® (NAR) recently released its 2020 Profile of International Transactions in U.S. Residential Real Estate. The report looks at international buying for the 12-month period between April 2019 and March 2020. In that time period, foreign buyer residential purchases totaled $74 billion in dollar volume—a 5 percent decrease from $77.9 billion […]
The post NAR: Foreign Investment Down in U.S. for Existing-Home Sales appeared first on RISMedia.
MBA Study Finds Home Equity Lending Growth Hindered by Alternative Products and COVID-19
Home equity loan debt outstanding and borrower utilization rates declined in 2019, and mortgage lenders anticipate originations to fall again this year before increasing modestly in 2021. This is according to the Mortgage Bankers Association’s (MBA) 2020 Home Equity Lending Study on lending and servicing of open-ended home equity lines of credit (HELOCs) and closed-end […]
The post MBA Study Finds Home Equity Lending Growth Hindered by Alternative Products and COVID-19 appeared first on RISMedia.
Head Back to School With 4 Be’s for Mental Health
(TNS)—The COVID-19 pandemic has caused much stress and uncertainty for students, parents, teachers and staff. “For students and the adults who care for them, the desire is so strong to have our lives return to normal, which also involves schooling,” says Craig Sawchuk, Ph.D., a Mayo Clinic psychologist. “School is one of the most important […]
A Real Conversation: Racism in Real Estate
Racism and inequality are often challenging topics to have an open discussion about. Recently, a panel of well-respected real estate agents came together on the Secrets of Top Selling Agents webinar series to share their stories and provide solid tips on how to combat racism in real estate by moving forward in hopes of a […]
Realogy CEO and Congressman McHenry Talk COVID Aid and Real Estate Progress
What’s next in terms of COVID-related financial aid and how has the industry come together to continue supporting the goal of homeownership amid a pandemic? These questions were recently addressed during a Realogy Owner Update call with CEO Ryan Schneider and guest Congressman Patrick McHenry (R-N.C.), who serves as the republican leader of the House […]
The post Realogy CEO and Congressman McHenry Talk COVID Aid and Real Estate Progress appeared first on RISMedia.
Housing Affordability: 18-Month Low Due to Lack of Supply and Higher Prices
Housing affordability reached an 18-month low in the second quarter of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Between the beginning of April and end of June, 59.6 percent of new and existing homes sold were affordable to families with a median income of $72,900. This is […]
The post Housing Affordability: 18-Month Low Due to Lack of Supply and Higher Prices appeared first on RISMedia.
Thoughts on Leadership: Good Times and Goals
For this week’s post, I want to rewind the clock back to Friday…and then rewind it way back to my first year as a real estate agent. Let’s start with Friday, when I was invited to be a guest by Rishi Bakshi for the virtual Intero Happy Hour that included managers, staff and agents. Well […]
Your Past Clients and Sphere the Cornerstone of Your Business
Your past clients and sphere truly are your most important area of lead generation and focus. Your plan should include how you will market to them, how often you will call them and what will you say when you call. You will also want to set a budget and timelines for your touches and expect […]
The post Your Past Clients and Sphere the Cornerstone of Your Business appeared first on RISMedia.