Thu.Sep 09, 2021

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UWM launches AMC-free appraisal program

Housing Wire

United Wholesale Mortgage (UWM) announced today that it will no longer require its brokers to use appraisal management companies to complete appraisals. The Pontiac, Michigan-based wholesale lender will instead coordinate appraisals in-house, contracting with appraisers directly, offering appraisers and brokers a way to bypass AMCs altogether, which UWM CEO Mat Ishbia characterizes as “middlemen.”.

Mortgages 438
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Building Materials Prices: Large Increases Year-To-Date

Eye on Housing

According to the most recent release of the Bureau of Labor Statistics Producer Price Index (PPI), the prices of goods used as inputs to residential construction including and excluding energy have risen 19.0% and 12.0%, respectively, year-to-date (YTD). In contrast, the index for final demand goods has climbed 7.2% and that for final demand goods less food and energy is.

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Mortgage lenders need to lean in to consumer expectations

Housing Wire

When it comes to consumers’ growing desire for a seamless, fully digital home-buying experience, coupled with COVID-19’s influence on buying behaviors, it’s safe to say there truly is “no turning back.”. The pandemic had a profound impact on the home-buying experience. Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers.

Mortgages 411
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Canadian Election Promises Will NOT Improve Real Estate Affordability: Top Economists

Better Dwelling

Canadian politicians promise to “fix” housing affordability if elected this year. Just one problem — all of their plans will increase home prices, not make them more affordable. That’s the take from Finder‘s 15-person monetary policy panel. The Fintech regularly polls Canada’s top economists for their take on monetary policy.

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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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How can the mortgage industry recruit people earlier in their careers?

Housing Wire

Dave Sheeler, president of residential servicing and correspondent lending at Freedom Mortgage. This year’s list of HousingWire Insiders radiate influence well beyond the walls of their individual companies, providing the infrastructure that upholds the whole industry. HousingWire decided to dive deeper into a few of our award winners to get a peek behind the curtain on what defines an Insider , with this first Q&A featuring Dave Sheeler, president of residential servicing and correspondent

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Notarize and Snapdocs announce eClosing partnership

Housing Wire

Notarize , a provider of remote online notarization (RON) services in 38 states, and Snapdocs , a California-based digital mortgage closing platform, are partnering, the companies announced Thursday. Notarize’s RON solution will be incorporated into the Snapdocs platform, making it easier to achieve a true digital closing experience, the companies said.

Title 391
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New Development Spotlight: The Moderns in Atlanta, Georgia

Sotheby's International Real Estate

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Atlanta, Georgia | Allen Snow, Atlanta Fine Homes Sotheby’s International Realty . The Moderns, located in Atlanta’s burgeoning Memorial corridor, is a community of 62 sleek, modern townhomes designed by TSW Architects.

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2021 Tech Trendsetters nominations are now open!

Housing Wire

For the third year, Tech Trendsetters is honoring the individuals behind the technology that is driving mortgage and real estate. From automation to AI, these visionaries are helping to push the housing industry into the future and away from outdated processes. Last year’s impressive list of winners used the challenges of 2020 to propel the housing economy into a digital era and made some industry-changing advancements along the way.

Loans 364
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How to Build Your Real Estate Career in 100 Days

RIS Media

The first 100 days of any new venture, especially a real estate career, can say a lot about the result. These early days lay the groundwork for what’s to come—and can even predict ultimate success or failure. As a new agent, what you do in the first 100 days will make or break your business. Real estate is the greatest business in the world, but it’s not always easy.

Agents 102
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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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Mortgage and refinance rates today, Sept. 9, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. Phew! That drop came after five straight business days without a fall. But, even so, those rates never strayed […].

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How Two Brokerage Owners Shaped Their Business Through Strategic Hiring and Robust Systems

RIS Media

Louis and Christine Parrish. Broker/Owners. United Real Estate. Specialists – Southern Arizona. www.UnitedRealEstateSouthernArizona.com. United Real Estate. Specialists – Scottsdale. www.UnitedRealEstateSpecialists.com. Region served: Metro Tucson and Scottsdale. Years in real estate: Louis: 26; Christine: 13. Number of offices: 2. Number of agents: 75.

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RBC Acquires 50% of Quadreal Real Estate Fund, As Investors Chase Rental Yields

Better Dwelling

Canada’s largest bank might be your landlord in the not-so-distant future… if they aren’t already, at this point. The RBC Global Asset Management (GAM) Canadian Core Real Estate Fund entered into an agreement to buy half of a real estate portfolio from Quadreal this week. The deal comes as more investors are crowded out of […]. The post RBC Acquires 50% of Quadreal Real Estate Fund, As Investors Chase Rental Yields appeared first on Better Dwelling.

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Global Spotlight: Island Life Awaits in the Caribbean

RIS Media

We recently had the opportunity to talk to brokers from two popular Caribbean markets offering the best in island living to see what makes these destinations so special. Falcone. Aruba. Jan Falcone, director and owner of Aruba Palms, shares insights on this popular island in the mid-south of the Caribbean Sea. Aruba Palms offers a variety of services including relocation, buyer and seller representation, and worldwide marketing of listings, including residential real estate, commercial real esta

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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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Dale Groombridge: 50 years in real estate and ‘never worked a day’

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: Dale Groombridge: 50 years in real estate and ‘never worked a day’. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Exit Realty CK Elite broker/owner Kirk Groombridge is a third-generation real estate professional who recently teamed up with his father, associate broker and 50

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Exclusive Discounts on Home Cleanouts and Identity Theft Protection for REALTORS®

RIS Media

The National Association of REALTORS® (NAR) exclusive REALTOR Benefits® Program has rolled out two exciting new offers for its members. One gives REALTORS® and their clients access to a $50 discount on 1-800-GOT-JUNK? services, and another offers up to 60% off identity theft protection plans from Securus ID. Declutter with a Discount from 1-800-GOT-JUNK?

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Curvy, Twisting Condo Tower Tops Out Next to Brooklyn Bridge in Dumbo

Brownstoner

A dramatically twisting 26-story tower has topped out alongside the busy Brooklyn Bridge and the BQE in Dumbo. Located at 60 Front Street, the facade has reached about midway up the slim tower that grows out of the five-story base, and work is ongoing on the ground floor. Since Brownstoner last… Read More > The post Curvy, Twisting Condo Tower Tops Out Next to Brooklyn Bridge in Dumbo appeared first on Brownstoner.

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Bank of Canada May Delay Quantitative Ease Taper, Market Doubts Rate Hikes: RBC

Better Dwelling

The Canadian economy still has a long way to go before it’s recovered — possibly further than thought. RBC economist Josh Nye said today’s Bank of Canada (BoC) rate decision was widely expected. The central bank made no changes, reiterating the importance of quantitative ease (QE). Canada’s largest bank sees a risk of QE tapering […].

Banks 86
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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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How To Prep Your Garden for the Cold Months Ahead: 5 Tips From a Landscape Designer

Realtor.com

Landscape designer Garrett Magee offers his top tips for green thumbs to keep their garden in peak shape through the fall and the depths of winter. The post How To Prep Your Garden for the Cold Months Ahead: 5 Tips From a Landscape Designer appeared first on Real Estate News & Insights | realtor.com®.

Design 91
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Retailers are bouncing back and looking to expand with new store openings

Realty Biz

The American retail sector is back in business and many companies are in expansion mode. According to a report from RetailSphere , a provider of retail analytics, there are more retailers who are planning to open new stores this year rather than close existing premises. The news of a rebound in retail follows a tumultuous 2020 when COVID-19 meant thousands of retailers shut up shop due to a lack of customers.

Closing 85
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Minnesota First-Time Home Buyer: 2021 Programs and Grants

The Mortgage Report

Minnesota first-time home buyers have access to resources, special mortgage programs, and even grants or loan to help them buy a home.

Loans 97
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ERA REAL ESTATE ENTERS SOUTH AMERICA WITH MASTER FRANCHISE AGREEMENT IN PARAGUAY

Realty Biz

ERA ® Real Estate , a global franchising leader within the Realogy family of brands, announced today the signing of a master franchise agreement for Paraguay with Rutland S.A. This marks ERA Real Estate’s first expansion into South America. Rutland S.A. is led by owner Ernesto Orosman Gomez and CEO Francisco Manuel Gomez Mansilla. It will serve as the brokerage operations of Fortaleza, a nearly 30-year old leading development firm.

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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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Brooklyn Heights Carriage House Rental With Private Outdoor Space Asks $2,800 a Month

Brownstoner

It is indeed on the petite side, but this rental does come with a bit of outdoor space and the ability to boast of carriage house living on one of Brooklyn Heights' picturesque lanes. The one-bedroom is on the first floor of 11 Hunts Lane, a modest two-story 19th century… Read More > The post Brooklyn Heights Carriage House Rental With Private Outdoor Space Asks $2,800 a Month appeared first on Brownstoner.

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A Master Class in Real Estate Success: Learn From Iconic Professionals on September 14

RIS Media

There’s no better way to learn strategies for business success than by hearing them straight from the established real estate professionals who have implemented them successfully over the years. RISMedia’s Real Estate CEO & Agent Leadership Exchange , the next in our lineup for virtual events, co-presented by the National Association of REALTORS®, will be providing special presentations with key takeaways from some of the industry’s most distinguished leaders and coaches.

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THE LGBTQ+ REAL ESTATE ALLIANCE HONORS MORE THAN 200 MEMBERS IN INDIVIDUAL AND TEAM RANKINGS

Realty Biz

The LGBTQ+ Real Estate Alliance today unveiled its inaugural LGBTQ+ Real Estate Top Producers list, sponsored by residential real estate leader Realogy, which honors more than 200 individual agents and teams. The exclusive list was created with RealTrends to become the industry’s only recognition of top producing LGBTQ+ and ally members. Shirley Gary of Engel & V?

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Why and How to Network With Local Luxury Real Estate Professionals

RIS Media

As a luxury real estate professional, how often do you nurture the relationships you have with other agents in your market? Better yet, how often do you seek out relationships with those other local agents to grow your sphere of influence? When data company ATTOM interviewed 400 real estate agents back in 2016, 34% of their actual closed business came from their network, while digital marketing, walk-ins and open houses trailed behind that statistic by nearly half.

Agents 102
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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.