In other words...
News, Thoughts, and Insights.
BRIAN PATE – REALTOR®, Real Estate Instructor
Brian@PateRealty.com
919-669-4575
Brian Pate has been a well-respected real estate professional for over 30 years. During his time in the business, he has served as an agent, manager, instructor, coach and trainer for over 20,000 real estate students. In addition, the teams he has managed and coached have produced over $2 billion in real estate sales under his leadership.
Insights on Rental Housing
The rental housing business is becoming an institutional business. 16 million people live in a large apartment complex. Another 12.8 million live in a small apartment complex. 12 million people rent a detached, single-family home and another 3 million rent a condominium that is individually owned by somebody.
Home Rented By Taylor Swift Is For Sale
Taylor Swift, the pop icon presently on her Eras Tour, has been making news for her completely sold-out venues and exorbitant ticket prices.
Wages Up In May Jobs Report
With the preliminary May jobs report coming out yesterday, we saw average hourly earnings up 0.3% which was in line with the expectations. Compared to last year, hourly earnings were 4.3%, down from 4.4% in 2022.
Antitrust Lawsuit vs NAR Trial Date “Coming Soon”
Judge Andrea R. Wood, in a telephone status hearing yesterday, said she expects a trial date for the Antitrust lawsuit against the NAR soon.
Home Buyers Depend On Agents for Mortgage Recommendations
It is more important that ever for real estate agents to have knowledge of the lending market and stay on top of average interest rates, types of loans available and the best lenders for each buyers’ particular scenario.
Does AI Boost Productivity
An analysis of a generative AI system deployed by 5,000 customer service representatives revealed that these employees saw increases in productivity and retention as well as a decrease in stress.
Smart Home Garage Door Openers Hacked
Vulnerabilities in garage door controllers, smart plugs, and smart alarms made by device manufacturer Nexx are a recent illustration of a security threat aimed at smart-home gadgets. The Cybersecurity & Infrastructure Security Agency issues a warning that...
JP Morgan Chase Takes over First Republic Bank
After attempts to save the local lender over the weekend fell through, First Republic was taken over by financial regulators early on Monday, resulting in the third significant American bank failure of 2023. JPMorgan Chase then agreed to buy First Republic.
Deepfakes
Deepfakes refer to videos or images that use artificial intelligence (AI) and deep learning algorithms to create altered or manipulated visuals.
LLPA Fees- Truth and Misconception
Beginning May 1, some Americans will pay more in mortgage costs, and others will pay less or no fees at all.
Pickleball Is Experiencing Challenges With Expansion
The fastest-growing sport in the US, pickleball, is experiencing challenges with its expansion. Nearby neighbors’ noise concerns increase as courts grow at a rapid rate.
Geraldine Tyler, a 94-Year old Grandmother Fights Government Who Sold Her Home and Kept The Profit
A 94-year old grandmother will have her day in court today. Geraldine Tyler, a retired county worker at the age of 70, purchased her own apartment in 1999. It was a modest one-bedroom condo in Minneapolis, Minnesota, close to a park and public transportation. She...
Artificial Intelligence Predictions
Artificial Intelligence or “AI” will become more specialized as it develops, automating repetitive activities, bringing about personalization, and altering how customers, businesses, and marketers utilize the internet.
What Sea Turtles Have Taught Me About Real Estate
My wife and I like traveling, and Kauai, Hawaii, is one of our favorite destinations. Due to the sea turtles (“Honu”) that come up on the beach at sunset, there is an AirBNB close to Poipu Beach that we adore.
Digital Impersonation and How to Protect Online Accounts
Has anyone ever stolen your identity on social media to make a fake account? I had this happen to me recently and received a call from a very angry woman in Texas.
10 Reasons a Buyer Considers a New Construction Home
10 Reasons a Buyer Considers a New Construction Home
YEARS IN REAL ESTATE
NUMBER OF AGENTS IN NC BRIAN TEACHES PER YEAR
In Real Estate sales through teams Brian has managed
Featured Courses
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Ethics in Real Estate Advertising
Dive into marketing and advertising like never before while getting CE credit and NAR Ethics credit.
The AI Advantage
Leveraging Artificial Intelligence in Real Estate: Understand the basics of artificial intelligence while being compliant with local, state, and federal laws, rules, and regulations.
Cons, Scams, and Hacks
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We laugh. Some cry. We learn.
