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DataDigest: iBuyers slide farther from hyped market disruption

Housing Wire

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. In November 2021, about four years after its first home sale, Zillow decided to close its iBuying division. Opendoor’s stock closed at $2.09

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How top LOs plan to beat the odds in 2023

Housing Wire

Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank by more than half this year.

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Compass’s title firm runs into trouble in Washington

Housing Wire

The complaint, filed in early 2020, comes from two rival firms that claimed Modus committed various co-branding and social media violations. The state of Washington is set to revoke the license of Modus , a title and escrow service software company owned by Compass, effective April 1.

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The 33 Best Real Estate Closing Gifts for 2022

The Close

Finding the perfect real estate closing gift for every buyer and seller you work with isn’t easy. A tall order to be sure, so here are our picks for the best real estate closing gifts for 2022: 1. A Branded Gift They Will Actually Keep. The problem with branded gifts is that most people secretly hate them.

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Top 8 Renovations to Increase Home Value in 2022: Offices and Outdoors Rank High

HomeLight

The pandemic cast our homes in a whole new light and subsequently shifted which renovations increase home value. One-third of top agents in a HomeLight survey ranked “the desire to make homes a sanctuary from the world” as the number-one reason for renovations in their market. Get a Home Value Estimate Before You Renovate.

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Fully Restored and Renovated, ‘L.A. Confidential’ House Is Picture-Perfect

Realtor.com

It’s now ready for a serious close-up. The most notable renovations happened in the bathrooms and kitchen, which needed to be brought into the 21st century. Kitchen before renovation realtor.com. Kitchen after renovation realtor.com. The post Fully Restored and Renovated, ‘L.A. Grand living room.

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Tarek El Moussa Reveals How To Renovate During a Pandemic

Realtor.com

The renovation is going well, but they’re thrown a curveball as they hear news of COVID-19 cases popping up in Southern California. Read on to find out how they manage to finish remodeling this house under immense pressure, and learn some tips about how to save time and money when renovating your kitchen, bathroom, and beyond.