Mon.Oct 12, 2020

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The forbearance crash bros spoke too soon

Housing Wire

The health and economic crisis has made 2020 a horrific year for many Americans. Added to all that misery we had terrible fires in the West and hurricanes in the East. From my perspective, that ball in Times Square can’t drop fast enough hailing the end of this year. One might think that with all the bad juju circulating the planet lately, people would be extra careful not to bring more misery upon themselves.

Equity 545
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6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall

Keeping Current Matters

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale by Owner (FSBO) , it’s critical to consider the following: 1.

Agents 275
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What will mortgage regulation and enforcement look like in 2021?

Housing Wire

As the election creeps ever closer, there are plenty of forecasts about how it could impact housing. HousingWire has reported on both the fate of t he GSEs and the nation’s economic outlook as a red vs blue battle stirs in Washington. But what about the regulatory bodies that will decide the priorities for enforcement over the next four years? At the HousingWire Annual panel, industry veterans Ed DeMarco, president of the Housing Policy Council , Kris Kully, partner at Mayer Brown , and Richard

Mortgages 460
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Why is the Homeownership Rate Soaring?

Homes.com

Homeownership makes many positive social contributions, but the most important may be that it is the predominant way families build wealth. And now, numbers are soaring. The post Why is the Homeownership Rate Soaring? appeared first on Homes.com.

Finance 127
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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.

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Lingering challenges servicers are still facing as a result of COVID-19

Housing Wire

Some sectors of the housing industry have begun adjusting to the new normal brought on by COVID-19; however, servicers continue to face a number of lingering challenges related to the CARES Act and increasing forbearance numbers. Under the CARES Act, homeowners have been able to ask for forbearance from their mortgage servicers and suspend payments for up to 12 months.

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Moving Trends & COVID-19: Key Findings & Insights on the Future

App Folio

Ever since the onset of the COVID-19 pandemic, many have speculated if the country’s most populated cities will be impacted by resident migration. The value of living in a large metropolitan city with benefits, such reliable public transport, entertainment, and great restaurants has lessened in the last six months. In addition, crowded streets and public spaces have made cities less desirable for many due to safety concerns and social distancing.

As-is 116
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Rocket Mortgage Introduces New Tech Platform for Real Estate Agents

RIS Media

Rocket Companies recently launched “Rocket Pro Insight,” a new technology platform providing real estate agents real-time updates on the status of their clients’ mortgages. Through both a website and mobile app, real estate professionals will have transparency into the loan experience. They are now able to see where each loan is in the process, the terms of their clients’ loans, if additional documentation is needed and when it will close. “Our team is constantly le

Agents 109
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Renting a House vs. Renting an Apartment: Which is Best

Maximum Exposure Real Estate

What to Know About Renting an Apartment vs. A Home Are you trying to decide between renting a home or an apartment? The choice to either rent an apartment or house can be difficult. On the one hand, renting a house might seem like the ideal type of home, with more rooms and space. But […]. The post Renting a House vs. Renting an Apartment: Which is Best appeared first on Massachusetts Real Estate Exposure.

Marketing 104
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House of the Week: Luxurious Gem in the Sky in Toronto

Point2Homes

If you’re going to live in the heart of Toronto , what could be better than a lavish penthouse with stunning views? Sneak a peek inside this fabulous three-bedroom, four-bath Toronto condo located in the desirable Entertainment District. Image: Point2Homes.com. Features: Address: 290 Adelaide St W Toronto, ON. Asking price: $5,750,000 CAD. Bedrooms: 3.

Sales 105
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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.

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Who Will Finally Crack Open This ’80s Time Capsule Mansion in Ohio?

Realtor.com

Rob Drago A huge house that’s big on mirrors, vibrant color, and entertaining space recently had another discount. For a buyer on the hunt for a lot of space at an affordable price, we suggest a trip to Central Ohio. The 13,000-square-foot home on Thistlehill Circle NW in Canton is available for $855,000. It had been previously listed for $1.1 million in 2018.

Lending 105
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Does Your Branding Speak for Itself?

RIS Media

As a business owner and team leader, you need to be top-of-mind. Unsurprisingly, your branding process plays a major role in helping you be the best and shine the brightest. Your branding lets people in your sphere know that you are still there, and you welcome their business. The key to that is to make sure you are sending consistent messaging to your SOI, Top 50 and past clients!

Branding 102
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Midcentury Modern Designed by Protege of Frank Lloyd Wright Brings Big Buzz

Realtor.com

realtor.com A midcentury modern ranch home designed by Don Erickson , a protégé of Frank Lloyd Wright , has generated a lot of attention and at least one solid offer. Valerie Campbell of Baird & Warner, who listed the Inverness, IL , property for $594,500, handled 30 showings in the first week. “The type of buyers it’s attracting are really interested in midcentury modern,” she says.

Design 104
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Preparing Your Home to Stand Against the Cold, Snow and Ice of Winter

RIS Media

With cold weather heading toward much of the country, you’ll likely want to ensure that your home is ready to deal with the hazards of winter weather like ice, snow and cold temperatures. Don’t assume that just because everything seems to be in good shape now that you won’t experience any problems over the course of the winter. Here are some minor repairs and different inspections you can do to ensure that your family stays warm and dry through winter: Foundation Inspection.

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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.

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Fright Lights and Robot Ghosts? The Best Gadgets To Make Your Home ‘Spooktacular’ for Halloween

Realtor.com

The frightening reality is that Halloween will be a little different this year, with the COVID-19 pandemic far from over. But it’s not entirely canceled ! While we’re advised to stay away from indoor parties, door-to-door trick-or-treating, and walking through haunted houses, there are still a whole host of fun ways to get in the spirit.

Design 103
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FIRE and home buying: Can you retire early with a mortgage?

The Mortgage Report

Financial Independence Retire Early (FIRE) requires you to reduce debts and save most of your income. But home buying with a mortgage is still possible.

Mortgages 109
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New Royal LePage platform rlpSPHERE integrates emerging technologies

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: New Royal LePage platform rlpSPHERE integrates emerging technologies. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Royal LePage says its new real estate platform rlpSPHERE can completely automate Realtors’ businesses and is the first of its kind in Canada.

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Inventory Watch

BubbleInfo

In previous years, the total number of pendings has remained steady in September and October, so I guess it’s not a big surprise the trend has continued this year – it’s just 50% higher! People are still looking too – this is the highest 7-day moving average of the year: NSDCC Under $1,000,000 Market Date […]. The post Inventory Watch appeared first on bubbleinfo.com.

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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.

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Mortgage and refinance rates today, October 12, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged higher last Friday. And conventional loans today start at 2.75% (2.75% APR) for a 30-year, fixed-rate mortgage. That Friday rise was […].

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No More Love Letters

BubbleInfo

The time-honored tradition of buyers hoping to sway sellers with a personal introductory letter came to an abrupt halt this month with the new FHDA form (see snip above). Not only has it been customary to submit a letter of introduction with your offer, but if you don’t, the listing agent usually asks about the […]. The post No More Love Letters appeared first on bubbleinfo.com.

Agents 98
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Grand Park Slope Brownstone Lush With Unpainted Woodwork, Mantels Asks $6.25 Million

Brownstoner

This imposing manse just steps away from Prospect Park has a surfeit of the details one would expect from an 1880s Park Slope brownstone. Its treasures include mantels, pocket doors, moldings, plaster medallions, a pier mirror and stained glass. Designed and built by J. Doherty & Son, the house at… Read More > The post Grand Park Slope Brownstone Lush With Unpainted Woodwork, Mantels Asks $6.25 Million appeared first on Brownstoner.

Design 98
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Covid-19 and Homeownership

BubbleInfo

This chart shows the generational changes among non-homeowners about their interest in owning a home. Being interested doesn’t mean they are buying, necessarily, but it’s a step in the right direction – especially for the millennials, who picked up the largest net gain of +15% (blue minus red). [link] The good doctor has a more-gloomy […].

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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.

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Business lessons learned during COVID-19

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Business lessons learned during COVID-19. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. There are those who are finding that their share of the market is actually increasing during the crisis.

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Mayo Clinic Q&A: Children With Animal Allergies Can Live Comfortably With Pets

RIS Media

(TNS)— Dear Mayo Clinic: Our young daughter has shown signs that she might be allergic to our dog. We have had our dog for eight years, and the dog seems to be fond of our daughter. Do you have any tips for how we can safely keep our dog without sacrificing our child’s health? Pets are an important part of many families. In most cases, you should be able to keep your dog while keeping your daughter safe.

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Website Offers Chance to ‘Live Under a Rock’ Election Week

Realtor.com

Hotels.com Between a pandemic and the 2020 presidential election, life in a cave is looking more and more viable these days. That’s the appeal of a new stay found on Hotels.com, where they’re offering visitors a chance to “live under a rock” during the first week of November as a respite from the world’s ills. Between Nov. 2 and 7, escapists can take cover in a design-inspired cave, carved out 50 feet below ground in New Mexico.

Design 92
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Reasons to Install Hardwood Floors

RIS Media

Are you considering installing new hardwood flooring? Think it over carefully to decide whether it’s right for your home and your family. Aesthetics. Hardwood flooring can enhance the appearance of your home and impress your guests. You can choose from a wide range of wood species and stain colors. Longevity. When properly installed and cared for, hardwood flooring may last a lifetime.

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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.