9 elements your real estate website must include in 2023

Your real estate website is your window to the world, writes luxury expert Laura Stace. It allows potential clients to see your experience in the real estate industry, your business acumen and also to connect with you should they wish to take the next steps.

How will AI change your real estate business?

The world is changing. Consultant Chris Pollinger believes that those who embrace the coming wave of AI will outpace their competition exponentially.

Essent scooping up Finance of America’s title businesses for $100M

The struggling lender's pivot to reverse mortgages creates an opportunity for the big private mortgage insurer to acquire Agents National Title and Boston National Title.

Pennsylvania Megamansion Serves Up Chic, Los Angeles Vibes for $8.8M

Realtor.com

In an area where farmhouse-style homes reign, a mostly glass mansion really stands out.

The contemporary creation in West Chester, PA, sits on 21 acres and looks like something more at home in Southern California than Pennsylvania. The house clocks in at 23,000 square feet of finished living space.

“The entire home is built with steel, concrete, and glass,” says listing agent Rory Burkhart, with Keller Williams Realty–Kennett Square. “There’s nothing in it that’s wood. It’s completely unique.”

The modern home is listed for $8.8 million, the most expensive home listing in the area. The property is located outside of Philadelphia and originally hit the market in 2020 for $8.6 million.











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Rogers Healy pulls from Compass to hire first director of operations

The independent brokerage has hired Diyanna Ahuja to lead its team of more than 500 agents, who brings 2 decades of experience in luxury retail operations and real estate to the role.

Hell on Earth: 4 Reasons I’ll Never Buy in an HOA Again

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As a first-time homeowner, I hadn’t really considered the potential downsides of living in a homeowners association. At first, it seemed nice to live somewhere with a few rules. After all, they kept everyone’s properties tidy and meant that our road was well-maintained.

But the red flags quickly started piling up once I moved in. And living in an HOA these past few years has felt a lot like getting stuck working on a group project with the most incompetent people in the class: high stakes, low rewards, and lots of frustrating interactions.

Because of this overwhelmingly negative experience, I’m here to spill the tea and share a cautionary tale for would-be homeowners considering making the move to an HOA.

Here are my four reasons I’ll absolutely never buy in an HOA again.

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Court refuses Gary Keller’s request to merge John Davis lawsuits

A fraud lawsuit filed by Davis against Keller, Keller Williams and Josh Team will continue separately from a sexual misconduct suit filed by Inga Dow against Davis, Keller, and KW.

Does Fred Flintstone Live Here? Desert Dome Dwelling Dots Joshua Tree Landscape

Realtor.com

Outer-space orbs? “Flintstones” home? Hobbit house?

The otherworldly Bonita Domes in Joshua Tree, CA, seem to pop out of the desert landscape.

The compound with a large adobe dome and several smaller domes, totaling 1,339 square feet of living space, sits on almost 2 acres.

“I thought it was the most unique property I’ve ever seen. Literally, I’ve never seen anything like it,” says listing agent James Bianco, with Coldwell Banker Realty. “The first thing that came to mind was Star Wars Land from Disney or some extraterrestrial place.”










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Renting Out Your House: A Comprehensive Guide

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There are many reasons you might be a homeowner wondering if you’d be better off renting out your home.

Perhaps you’ve tried to sell your home but the market’s too sluggish and you’re tired of paying the mortgage. Or maybe you’re moving to a new area but want to hold on to your old real estate property and rake in some income on the side. Or you might think it’s a savvy idea to hold rental property in a rising market as a real estate investor.

Whatever the reason, it’s a good time for you as a homeowner to consider becoming a landlord.

The real estate rental market is hot: A 2022 study from the Joint Center for Housing Studies of Harvard University found that the rental market roared back in the second year of the pandemic. The number of rental households across the country soared to 44 million. Depending on your real estate market, the desirability of your house, and your monthly mortgage and other expenses, you may be able to at least cover your mortgage, if not make a small profit.

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Offerpad cutting more jobs in conjunction with $90M raise

The struggling iBuyer confirms the company has laid off an unspecified number of employees, with more details coming on the Feb. 22 fourth-quarter earnings call.

Purplebricks is a ‘cautionary tale’ for all tech disruptors: DelPrete

U.K.-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here's what we can learn from its journey.

The Property Brothers Unveil the Coolest Bed We Guarantee You’ve Never Seen—Take a Look

HGTV

Property brothers Jonathan and Drew Scott know that guest suites are more valuable than garages—particularly in places like California where cars can park in a driveway without enduring much inclement weather. So it’s no surprise, then, that a garage conversion is the next renovation challenge on the latest “Brother vs. Brother.”

In the episode “Garages to Guest Suites,” they’re both starting with detached garages roughly 400 square feet in size, and they’re converting them into accessory dwelling units perfect for housing visitors or making short-term rental income on Airbnb.

The judges for this challenge are the indomitable Trixie Mattel, of “Trixie Motel” fame, and Breegan Jane, one of California’s top interior designers and the woman behind “HGTV Dream Home.”

Both brothers work hard to impress the judges and come up with a bunch of fun features—including one we’ll bet you’ve never seen before. Read on to get a gander, as well as plenty of tips you might be inspired to try around your own abode.

New footings under the garage
Bed descending from the ceiling
Furniture that's comfy and stylish, but not
Warm porcelain floor that looks like expensive terrazzo
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SERHANT. says goodbye to top broker Tamir Shemesh

The motivation for Shemesh's termination was not immediately known and came just over one year after Shemesh and his four-person team moved to SERHANT. from Douglas Elliman.

‘Today’ Co-Anchor Savannah Guthrie Is Selling Her Posh Manhattan Condo

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It’s a New York City home that has seen many early wake-up calls and live shots.

The Tribeca home that “Today” co-host Savannah Guthrie shares with her husband, Michael Feldman, is listed for $7.1 million.

The home last changed hands in 2017 for $7,114,393, according to Realtor.com®.

Built in 2016, the turnkey, four-bedroom condo takes up an entire floor of its Lower Manhattan building, with 3,735 square feet of living space and 10-foot ceilings.











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Does the commission lawsuit spell the end for NAR? The Real Word

This week, Byron Lazine and Nicole White are talking about year-end home sales numbers, Jason Oppenheim's commission lawsuit comments, and the weekly media review Left, Middle, Right.

M. Ryan Gorman breaks silence on Coldwell Banker ‘termination’

In a Medium post published on Thursday, Gorman promised to lead by example with a shift into affordable housing projects while revealing new details about his departure from Coldwell.

Broker Spotlight: Megan and Damon Williamson, The Agency Dallas

Find out how Dallas Realtors Megan and Damon Williamson are combining their individual talents to grow The Agency's brokerage presence in Dallas, Texas.

Wells Fargo lays off 140 as it backs out of correspondent mortgages

In a Worker Adjustment and Retraining Notification, the company outlined its plans to reduce its workforce size. The company began executing the plan Tuesday in Springfield, Illinois.

Will Leasing a Car Ruin Your Chances of Buying a Home? Maybe—Here’s Why

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Buying a home of your very own is a dream. For most people to make that dream a reality, they’ll have to get approved for a home loan. To up your chances of being approved—at a favorable rate—it’s always smart to pay down debts or pay off existing loans to the best of your ability. But one common thing that can mess with your homebuying plans is having a car lease.

“Whether you choose to lease or finance a car, you’ll increase your total monthly expenses. However, mortgage lenders view leasing and financing a car differently,” says Ashley Moore, community lending manager at Chase Home Lending.

If you have your eyes on a new house—and also a nice ride—you should understand exactly how carrying a lease will affect your buying power. Here’s what you need to know.

What do lenders generally look at?

Lenders calculate your debt-to-income ratio, or DTI, which is a person’s monthly debt payments divided by gross monthly income. Lenders look at your DTI to measure your ability to handle monthly payments to repay money you will borrow.

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Homes for Sale in New Jersey and New York

This week’s properties are a six-bedroom house in Frenchtown, N.J., and a three-bedroom house in Locust Valley, N.Y.

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