RIS Media

AUGUST 24, 2023

RISMedia is still accepting nominations for its next class of Real Estate Newsmakers—those individuals from across the U.S. who are making headlines for their commitment and contributions to the real estate industry in 2023, as well as going the extra mile to positively impact their peers, colleagues, clients and the communities they serve. The 2024… The post Nominate a Real Estate Newsmaker Before It’s Too Late appeared first on RISMedia.

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Industrial As-is 98

Housing Wire

AUGUST 24, 2023

Shares of Better Home & Finance Holding , the parent of digital lender Better.com, collapsed during its debut on Nasdaq Thursday. The company went public after merging with the special purpose acquisition company (SPAC) Aurora Acquisition Corp. the prior day. Better’s class A common stock, listed under the ticker “BETR,” declined to $1.15 at the closing on Thursday.

Purchase and sale agreement 370

Purchase and sale agreement Title Mortgages Equity 370

Real Estate News

AUGUST 24, 2023

The company said the new program, initially launching in Phoenix, will help ease one of the biggest barriers to entry for buying a home.

Loans 246

Loans 246

Housing Wire

AUGUST 24, 2023

Homebuyer affordability remained unchanged in July from June, according to Mortgage Bankers Association ‘s (MBA) Purchase Applications Payment Index (PAPI). The index measures how new monthly mortgage payments vary across time, relative to income, drawing from data from MBA ’s weekly applications survey. The national median payment applied for by purchase applicants was $2,162 in July, up $318 from a year prior but unchanged from June.

Mortgages 370

Mortgages FHA loan Loans Sales 370

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Agents

Real Estate News

AUGUST 24, 2023

For the fifth straight week, 30-year mortgage rates went up, hitting 7.23% — the highest level since 2001.

Mortgages 223

Mortgages 223

Housing Wire

AUGUST 24, 2023

Soaring mortgage rates are taking a major chunk out of homebuyers’ budgets, according to a new report from Redfin. A homebuyer on a $3,000 monthly budget, for example, could afford a $429,000 home with a 7.4% mortgage rate, using rate data from August 23. That buyer lost $71,000 in purchasing power compared to one year ago when a $500,000 home would have been accessible to them with an average rate of about 5.5%.

Mortgages 370

Mortgages Agents Closing As-is 370

Keeping Current Matters

AUGUST 24, 2023

There’s been talk about a recession for quite a while now.

Marketing 196

Marketing 196

Inman

AUGUST 24, 2023

Barbara Corcoran told "Good Morning America" viewers on Wednesday that she doesn't foresee prices dropping any time soon but could see them spiking once mortgage rates come down.

Mortgages 147

Mortgages 147

RIS Media

AUGUST 24, 2023

Huntington & Ellis, A Real Estate Agency, an affiliate of Leading Real Estate Companies of the World, has announced it has ranked No. 2,781 on Inc. Magazine’s annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies. Achieving a 192% three-year growth rate, this marks the brokerage’s fourth-consecutive year being recognized and… The post LeadingRE’s Huntington & Ellis Listed on Inc. 5000 for Fourth-Consecutive Year appeared first on RISMedia.

Industrial 98

Industrial 98

Inman

AUGUST 24, 2023

Beloved Keller Williams Moorestown agent Rob Montalbano died in a Lake Travis boating accident on Aug. 13. His brokerage and community have rallied to raise more than $68,000 for funeral costs.

Agents 148

Agents Brokerage Industrial 148

Advertiser: Trellis

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.

Loans

Maximum Exposure Real Estate

AUGUST 24, 2023

Would you like to know the similarities and differences between Credit Sesame vs. Credit Karma? Credit Karma and Credit Sesame are popular online platforms offering free credit monitoring services in the US. They provide access to credit scores, reports, and valuable tools for managing personal finances. While both platforms share similarities, there are key differences […] The post Credit Karma vs.

Finance 98

Finance 98

Inman

AUGUST 24, 2023

Insurance as a hot-button issue is likely not going away anytime soon. Unfortunately, as long as Mother Nature is in control, agents, buyers and sellers need to be more proactive than ever, broker Cara Ameer writes.

Agents 148

Agents As-is Brokerage Marketing 148

RIS Media

AUGUST 24, 2023

Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every other Thursday for another addition to the series. As so-called “discretionary”… The post The Playbook: A Complete Guide to Probate Listings appeared first on RISMedia.

Industrial 98

Industrial Agents As-is Sales 98

Inman

AUGUST 24, 2023

With so much to learn as a new agent, it helps to draw on the experience of those who've gone before. Find out where to start with this guide from author, coach and Realtor Erin McCormick Torres.

Agents 146

Agents Brokerage 146

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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.

Sales

Eye on Housing

AUGUST 24, 2023

The residential remodeling market has grown rapidly in the past few years, mainly fueled by changes in housing and lifestyle decisions during the pandemic period. According to National Income and Product Accounts (NIPA), expenditures for residential home improvements soared 13% to $328 billion in 2021, from $289 billion in 2020. This marks the largest gain since 1993 (16% increase).

Loans 98

Loans Residential Marketing Construction 98

Inman

AUGUST 24, 2023

Real estate’s brightest leaders shared their thoughts on the market, insights on the bombshell commission lawsuits and how the industry might change in the future during Inman CEO Connect this month.

Industrial 146

Industrial Marketing Brokerage Technology 146

RIS Media

AUGUST 24, 2023

Agents with a rich understanding of mortgage finance have countless opportunities to deliver more value to their buyer-clients and gain a competitive edge. After all, a mortgage is the most complicated but essential aspect of most buyers’ transactions. Additionally, surveys from the National Association of REALTORS® have repeatedly found that over 90% of buyers count… The post 6 Compelling Reasons to Boost Your Mortgage IQ appeared first on RISMedia.

Mortgages 98

Mortgages Finance Agents Development 98

Inman

AUGUST 24, 2023

Tune in to Inman Access this week for a deep dive into the impact of the industry's megalawsuits and a tactical breakdown on what to focus on in today's housing market to come out on top.

Industrial 141

Industrial Marketing MLS Brokerage 141

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.

Agents

RIS Media

AUGUST 24, 2023

In a market full of challenges, it’s hard to pinpoint where exactly buyers can look for solid housing options. With that in mind, what are the hottest zip codes for homeowners in 2023? Realtor.com®’s hottest zip code rankings take a look at zip codes in large metros across the U.S. to find those that are… The post What Are 2023’s Hottest Zip Codes?

Marketing 98

Marketing Industrial 98

Inman

AUGUST 24, 2023

In addition to going public at a bad time for mortgage lenders, Barron's reports that a SPAC merger resulted in a huge increase in the number of shares outstanding.

Mortgages 144

Mortgages Finance Industrial 144

Brownstoner

AUGUST 24, 2023

An affordable housing lottery has launched for 18 apartments in the under-construction Grand Pacific complex on the corner of Pacific Street and Grand Avenue in Crown Heights. The eight-story, 69-unit building with curved facade and swanky amenities is the result of an unusual deal brokered between the local community board… Read More > The post Affordable Housing Lottery Opens in Crown Heights for 18 Units Starting at $735 a Month appeared first on Brownstoner.

Construction 98

Construction Marketing 98

Inman

AUGUST 24, 2023

The new office, to be managed by Corcoran Icon Properties Partner Michael Barnacle, is located on bustling Union Street, where trendy restaurants, boutiques and fitness studios are thriving.

Brokerage 135

Brokerage 135

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.

Agents

RIS Media

AUGUST 24, 2023

The 30-year fixed-rate mortgage (FRM) jumped from last week’s average of 7.09% to an average of 7.23% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 7.23%, up from last week when it averaged 7.09%. A year ago at this time,… The post Mortgage Rates Continue Their Rise appeared first on RISMedia.

Fixed-rate mortgage 98

Fixed-rate mortgage Mortgages Marketing Industrial 98

Inman

AUGUST 24, 2023

You have a choice when it comes to the brokerage you'll work with and for, broker Chris Speicher writes. Here's what to look for and how to evaluate your options.

Brokerage 139

Brokerage Agents 139

Yardi Marketing

AUGUST 24, 2023

Swag, a word coined in the 1940s by an advertising executive, is a way for a business to reinforce its brand among clients, prospects and employees. Swag encompasses a vast array of complimentary items ranging from pens, mugs and mouse pads to hats, water bottles, backpacks, specialized bags for carrying tech gear, exercise mats, calendars, magnets, coasters and much more.

Branding 98

Branding Industrial Sales Marketing 98

Inman

AUGUST 24, 2023

Learn from this Canadian broker's professional journey and find out about her No. 1 rule for real estate investing.

Brokerage 148

Brokerage 148

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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.

Agents

RIS Media

AUGUST 24, 2023

Being an estate agent requires significant expertise in the field of real estate. One common issue that real estate agents face is selling a house with an upside-down mortgage. Unfortunately, many homeowners have found themselves in this situation over the last few years due to the uncertainty and instability of the housing market. An “upside… The post How to Sell a House With an Upside Down Mortgage appeared first on RISMedia.

Mortgages 98

Mortgages Agents Marketing Development 98

Calculated Risk Real Estate

AUGUST 24, 2023

Each month I track closed sales, new listings and active inventory in a sample of local markets around the country (over 40 local housing markets) in the US to get an early sense of changes in the housing market. In addition, we can look for regional differences. After the National Association of Realtors® (NAR) releases the monthly existing home sales report, I pick up additional local market data that is reported after the NAR (and I’m frequently adding more markets ).

Marketing 98

Marketing Closing Sales Mortgages 98

GeekEstate

AUGUST 24, 2023

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: APM Help] Even tech-enabled property managers are just property managers and people-problems are impossible to solve with software alone. Enter APM Help, a team of software experts providing property managers with 50+ units, bookkeeping support, training, bank reconciliations, and on-demand consulting.

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Property Management Commercial Banks Loans 97

Eye on Housing

AUGUST 24, 2023

Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that demand for newly completed multifamily units remains solid as mortgage rates continue to climb. Only an estimated 39% of the 82,310 unfurnished apartment units completed in the first quarter of 2023 are available for rent three months past construction completion.

Construction 95

Construction Mortgages Marketing 95

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.

Sales