Mon.Jan 11, 2021

article thumbnail

LoanDepot files paperwork to go public in 2021

Housing Wire

The moment has finally arrived: California-based lender loanDepot has filed an updated S-1 with the Securities and Exchanges Commission and plans to go public in 2021. The company, founded by billionaire entrepreneur Anthony Hsieh, said Monday that its affiliate loanDepot Inc. had confidentially filed paperwork, but it hasn’t determined how much stock will be sold or at what price.

Branding 463
article thumbnail

If a Sale Doesn’t Go Through, Who Pays the Appraisal Fee?

Realtor.com

Zinkevych / Getty Images If you’re buying a home, one of the (many) things you must check off your list is hiring a professional to do a home appraisal to assess the property’s value. But what if you check it off your list and then, for whatever reason, the home sale falls through—who pays the appraisal fee then? Let’s take a look. What is a home appraisal anyway?

Sales 129
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials. Syndicated columnist Lew Sichelman reported Sunday that Dmitry Shkipin of HomeOpenly.com alleged that Rocket Homes was receiving what amounted to illegal kickbacks while vi

Brokerage 400
article thumbnail

Significant Sales | 2020 Highlights

Sotheby's International Real Estate

From the sale of the highest-priced home in the history of Vail, Colorado, to that of an architectural masterpiece in Las Lomas, Mexico, highlighted here are 10 Significant Sales from 2020 represented by the Sotheby’s International Realty® global network. Vail, Colorado. Sold for $57,250,000 | Tye Stockton, LIV Sotheby’s International Realty.

Sales 128
article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

article thumbnail

Forbearance rate falls to mid-April levels

Housing Wire

The U.S. forbearance rate fell seven basis points last week to 5.46% of servicer’s portfolio volume, according to a survey from the Mortgage Bankers Association on Monday. As of last week’s data set, forbearance portfolio share is now below numbers Black Knight reported in mid-April of 2020. Every investor class managed to see a decline in rate, with Fannie Mae and Freddie Mac once again claiming the smallest forbearance rate at 3.19%.

Loans 338
article thumbnail

As Boomers downsize, heirlooms are being rejected

The American Genius for Real Estate

(HOMEOWNERSHIP) As baby boomers downsize and capitalize on senior management, heirlooms and antiques are falling to the wayside (they just don't spark joy). The post As Boomers downsize, heirlooms are being rejected appeared first on The American Genius Real Estate.

122
122

More Trending

article thumbnail

These Are the Best States To Raise a Family In, 2021 Edition

Realtor.com

Mikolette/realtor.com As home prices have skyrocketed to record highs, families everywhere are trying to figure out where they can make their money stretch the furthest without compromising on the essentials like a good education for their children. It turns out, the best places to raise a family are in the Northeast. Massachusetts overtook Minnesota this year to become the top state in which to raise a family, according to a recent report from personal finance website WalletHub. “Locatio

Finance 118
article thumbnail

Non-QM lending is making a comeback

Housing Wire

Even with total credit risk transfers (CRT) and non-QM lending trending down due to seasonality, some observers are predicting a strong beginning to 2021. Officials with dvo1, a lending markets analytics company , remain encouraged by low levels of new impairments, which reached pre-pandemic levels in both CRT and non-QM. Vadim Verkhoglyad, dv01 vice president and co-head of research and publication, said modifications should conclude in the upcoming months and the industry shouldn’t expec

Lending 222
article thumbnail

Wild on the Waterfront: This Custom-Built Florida Mansion Is So Totally ’80s

Realtor.com

Rafal Wazio/ Cary John Photography A custom-built waterfront house with serious “Miami Vice” vibes is on the market for $3.2 million. Built in 1986, this throwback house on Belle Isle Avenue in Belleair Beach, FL, is on the Intracoastal Waterway. Located near the warm waters of the Gulf, it sits on a key just outside the city of Clearwater.

Design 114
article thumbnail

Canadian Seniors Are The Only Demographic Seeing Higher Mortgage Delinquencies

Better Dwelling

Canadian mortgage delinquencies are fairly boring these days, until you drill down and look at the demographic shift. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies were flat in Q3 2020. When looking at their age breakdown though, it shows delinquencies on mortgages held by seniors is soaring. Balancing out the statistic is […].

Mortgages 105
article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

article thumbnail

Put Your Oxygen Mask on First

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. I often see articles about juggling all of the things that we as women have to do these days. Take care of lead generation, get deals negotiated, ensure we have a deal pipeline, be present with our spouse or significant other, be a parent or caretaker, keep our home clean, pay our bills…the list goes on.

article thumbnail

Family Adventure Day At The Lighthouse This Weekend

Waterfront Properties

This weekend, the Jupiter Inlet Lighthouse and Museum is hosting their annual Family Adventure Day. The fun filled day has been redesigned to create socially distant and funs ways to visit the Lighthouse grounds with activities and adventures. Each child will receive a Youth Explorer Goodie Bag to begin the family adventure. The bag includes a pair of binoculars, coloring pages, a Lighthouse pencil, a ship-making kit, and clues to a special mystery scavenger hunt.

104
104
article thumbnail

Influential Brooklyn Retailer Bird Shuts Up Shop

Brownstoner

The pandemic has killed another Brooklyn retailer. Bird, the men's and women's clothing store known for its interiors by Brooklyn architect Ole Sondresen and fashions by such as Rachel Comey and Dries Van Noten -- and which at its height had four stores in Brooklyn and one in Los Angeles,… Read More > The post Influential Brooklyn Retailer Bird Shuts Up Shop appeared first on Brownstoner.

103
103
article thumbnail

How Do Single Female Buyers Differ From Other Homebuyers?

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. Each year, when the National Association of REALTORS® (NAR) research team releases its annual Profile of Home Buyers and Sellers report, brokers have an exceptional opportunity to gain valuable market insights. What stories can the data tell us, and how can the research help agents be more effective in serving homebuyers?

article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

article thumbnail

Best Pods Moving and Storage Container Companies

Maximum Exposure Real Estate

Who Are The Best Pods Storage Companies? Are you looking to find out who are the best moving storage container companies? When you are moving and have storage needs, there are many options and companies to choose from. Moving Pods are big business now. For those that don’t know, PODS stands for portable on-demand storage. […]. The post Best Pods Moving and Storage Container Companies appeared first on Massachusetts Real Estate Exposure.

article thumbnail

Teach Your Team About Business Profitability

RIS Media

Smart Management of Revenue and Expenses Will Improve Agents’ Income and Performance. You and your team have likely already set new goals for 2021. If you are like most real estate agents, those goals will include sales goals such as closed volume, closed units and gross commissions. An often-overlooked part of real estate goals, however, is the net profit that your agents will earn after expenses.

Agents 102
article thumbnail

‘Daily Show’ Host Trevor Noah Reportedly Buys Bel-Air Mansion for $27.5M

Realtor.com

realtor.com, Jeff Schear/Getty Images The host of the “Daily Show,” Trevor Noah , has picked up another purchase in Bel-Air, the L.A. Times reported. . The comedian has shown that he has seriously expensive taste in real estate, splashing out a whopping $27.5 million on a luxury mansion in the swanky Los Angeles neighborhood. The deal closed at the end of the year, realtor.com® records show.

Land 98
article thumbnail

Recruiting for Long-Term Growth

RIS Media

When recruiting, the goal is to have agents find a home in your team—it’s much more than just a place to be hired. And if it isn’t, then your agents are likely to be picked up by a team that provides better incentives to stay. Recruitment is only half about bringing new agents on board. The other half is about keeping them. Therefore, recruitment and retention must happen simultaneously if you’re going to create a place where agents can thrive and remain thriving.

Agents 102
article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

article thumbnail

Converting a mobile or manufactured home to real property

The Mortgage Report

You can finance a manufactured home, but only if it's considered 'real property'. Learn about converting a manufactured home to real property here.

Finance 107
article thumbnail

Place of Hope 2021 Sporting Clays Fun Shoot

Waterfront Properties

Place of Hope’s annual Sporting Clays Fun Shoot is a unique event in which people of various ages and professions are united by a common interest to support the mission of Place of Hope. This event is unlike any other major event that Place of Hope organizes, and Waterfront Properties is a proud sponsor In its ninth year, this event at South Florida Shooting Club is not to be missed Shooters, sponsors, and attendees enjoy one of three courses, raffles, exciting games, a wonderful breakfast, and

96
article thumbnail

Home buyers struggle with record low inventory

Realty Biz

Home buyers have few properties than ever to choose from. In December the number of homes listed for sale in the U.S. dipped to its lowest ever level, below 700,000, realtor.com reported in its Monthly Housing Trends Report. At the same time, demand from buyers remains high, and that has resulted in more bidding wars for those homes that are listed for sale.

Sales 95
article thumbnail

Buffini’s ‘Don’t Drop the Ball’ Session Offers Roadmap to 2021 Success to Agents at All Levels

RIS Media

Through an entertaining mix of humor and insight, Buffini & Company Founder and Chairman Brian Buffini offered viewers a detailed roadmap to success this year during his session, “Don’t Drop the Ball in 2021,” broadcast at RISMedia’s inaugural new year kickoff event held virtually this past Thursday, Jan. 7. The event, “Real Estate’s Rocking in the New Year,” co-presented by RISMedia and the National Association of REALTORS®, was attended by more tha

Agents 97
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

article thumbnail

The 2021 Stuart Boat Show This Weekend

Waterfront Properties

The Stuart Boat Show will be making its way to South Florida this weekend. The Stuart Boat Show is the largest boat show on the Treasure Coast. The annual boat show has been named as one of the “Top 20 Events” in the Southeast by the Southeast Tourism Society last year. The Stuart Boat Show features more than 175 local, national, and international exhibitors displaying hundreds of boats in the water and on land, as well as marine and boating accessories.

Land 93
article thumbnail

Enough, is Enough: how much minimalism do you need to succeed?

The American Genius for Real Estate

(EDITORIAL) Nobody starts a business praying for failure and debt. But, if we don’t identify what is enough for us, we can have a hard time pulling ourselves out. The post Enough, is Enough: how much minimalism do you need to succeed? appeared first on The American Genius Real Estate.

92
article thumbnail

Inventory Watch

BubbleInfo

The contest for guessing the number of listings in January is now closed. We are running about 20% behind last January’s count, so the few sellers who are willing to brave the early-2021 market will do nicely. We had 31 showings and five offers on our new listing over the weekend, and three of them […].

Closing 90
article thumbnail

Now With the Phoenix Suns, Chris Paul Finally Sells Houston Home

Realtor.com

realtor.com, Hannah Foslien/Getty Images It’s official. The NBA All-Star Chris Paul has finally closed on a sale of his Houston mansion. The modern build landed on the market after Paul was traded from the Houston Rockets to the Oklahoma City Thunder. Now, the home has been passed on to a new owner, and the 35-year-old point guard is with yet another team, the Phoenix Suns.

Land 89
article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

article thumbnail

Mortgage and refinance rates today, January 11, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher again last Friday. So they’re appreciably higher than they were this time last week. But, even so, they remain within […].

article thumbnail

Building Your Career as a New Real Estate Agent

RIS Media

It’s no secret that 2020 was a tough year for many. At the end of last year, 12.6 million Americans were out of work due to the COVID-19 pandemic, leaving folks to wonder how they’d pay the monthly mortgage and other essential bills. The financial uncertainty has pushed many toward a career change, and since people will always need a roof over their heads, real estate has become the place to be. .

Agents 90
article thumbnail

Coldwell Banker Global Luxury Establishes Exclusive Benefits with JamesEdition for Luxury Property Marketplace

Coldwell Banker

Coldwell Banker is the only national real estate brand with full access to the suite of offerings, promotion tools on the premier luxury listings platform. The post Coldwell Banker Global Luxury Establishes Exclusive Benefits with JamesEdition for Luxury Property Marketplace appeared first on Coldwell Banker Blue Matter.

article thumbnail

Restaurant-Worthy Brunch Recipes Re-Create the Weekend Meal’s Leisurely Magic at Home

RIS Media

(TNS)—Brunch. The dine-in restaurant occasion I miss most during this pandemic. I’m not really thinking of those all-you-can-eat grand buffets (although that sounds decadently delightful). Rather, those leisurely outings with good friends that involve waitstaff, luxurious food and a way-early-for-me cocktail or two. A stroll might follow to aid digestion and keep the conversation flowing, before the need to nap pulls me to the couch.

As-is 88
article thumbnail

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.