Tom Ferry
MAY 18, 2023
How can you maintain a healthy work/life balance when today’s market demands more of you than ever before? This week’s blog is all about work/life balance… But Tom, hasn’t your entire message been that you need to work more, work harder, double down on your business, and continue to serve more than ever? Yes, it […] The post Creating Work/Life Balance in Today’s Real Estate Market appeared first on Tom Ferry.
Housing Wire
MAY 18, 2023
Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. Why is this so important to me? If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. I would say it’s savagely unhealthy to have that level and even though we’re not there yet, we are dangerously close.
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Real Estate News
MAY 18, 2023
eXp snags 200-person team; E&V expands to D.C. and Sarasota; The Agency opens in Indianapolis; Christie's launches in Puerto Rico; Real gains VA and FL teams.
Housing Wire
MAY 18, 2023
Existing home sales declined yet again in April, according to a report from the National Association of Realtors (NAR), released Thursday. After posting a surprise 14.5% monthly increase in February , existing home sales were back down again in March , a trend that continued into April, with existing home sales posting a 3.4% monthly decline to a seasonally adjusted annual rate of 4.28 million.
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Real Estate News
MAY 18, 2023
The 30-year fixed-rate mortgage has teetered between about 6.3-6.4% in recent weeks, a possible sign that rates are leveling out.
Housing Wire
MAY 18, 2023
Despite a marked improvement from the fourth quarter of 2022, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks still lost a mountain of money in the first quarter. On average, IMBs reported a net loss of $1,972 on each loan originated from January to March, a 35% improvement from the reported loss of $2,812 per loan in the fourth quarter of 2022, according to the Mortgage Bankers Association (MBA).
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 18, 2023
Chicago-based technology company Gateless announced this week that Guaranteed Rate , a Chicago-based leading mortgage lender, has implemented its Smart Underwrite solution, a groundbreaking technology that aims to transform the borrower experience. In a fast-paced real estate market, many potential homebuyers miss out on their dream homes due to the lengthy mortgage approval process.
Inman
MAY 18, 2023
Sisu, a proptech that combines sales cycle and workflow automation with performance tracking technology, said Client Portal 2.0 aims to refine how agent teams interact with critical vendors.
Housing Wire
MAY 18, 2023
America is strongest when her people are strong. Therefore, when considering policy to improve our nation, we should always incentivize striving with an emphasis on equality of opportunity, understanding that a rising tide lifts all boats. In my role as president of the Jack Kemp Foundation , I moderated an “Innovations in Affordable Housing” webinar.
Inman
MAY 18, 2023
On May 8, Gov. Ron DeSantis signed Senate Bill 264. The new law restricts real estate purchases in the state by citizens of China, Russia, Iran, North Korea, Cuba, Venezuela and Syria.
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Housing Wire
MAY 18, 2023
Did you know Logan Mohtashami — the chart guy — got his professional start working as a pizza boy? From serving delicious food to serving career-changing mortgage data like no one else can, Mohtashami is a force to be reckoned with. Twitter trolls beware. Mohtashami, lead analyst at HousingWire, will share his chart-powered wisdom at HousingWire Annual 2023 through his keynote, “Making Sense of Wild Housing Data for 2023.
Keeping Current Matters
MAY 18, 2023
The spring housing market has been surprisingly active this year.
Housing Wire
MAY 18, 2023
Denver, Colorado-based Incenter Mortgage Advisors (IMA) on Thursday announced the launch of a new digital mortgage servicing rights exchange. The marketplace, known as eMSR Exchange, connects buyers and sellers of co-issue flow offerings online and provides pricing 24/7. Co-issue loan sales, also known as flow-based mortgage servicing rights sales , are three-way transactions involving the sale of loans to one of the agencies, with a simultaneous sale of the MSRs to a separate third party.
Inman
MAY 18, 2023
Using automated outreach and qualification workflows, Humaniz removes the manual, repetitive tasks to shrink the process and allow business managers to merely decide from a system-delivered list of sound candidates, the company said.
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Housing Wire
MAY 18, 2023
The Association of Independent Mortgage Experts (AIME) called on the NMLS policy committee to make it a requirement for every state to adopt a broker-specific license option amid the committee seeking feedback on a proposal to adopt a standardized approach for the mortgage industry licensing. The NMLS does not require mortgage brokers to provide audited financials to the agency every year, but there are 18 states that don’t have broker-specific licenses.
Inman
MAY 18, 2023
Check out the earnings-related news to see how your brokerage or favorite real estate-related investment fared in the first three months of 2023.
Housing Wire
MAY 18, 2023
FormFree , a leading provider of mortgage lending technology , announced on Wednesday that it has appointed Jonathan Nahil as its new chief technology officer (CTO). Nahil brings to the role over 20 years of experience as a software architect and leader of development teams in renowned technology organizations. “I’ve helped organizations break the status quo with innovative technologies, and I look forward to helping FormFree do just that with products that enable lenders to support
Inman
MAY 18, 2023
You might know Bre Tiesi from headlines about her son with Nick Cannon or her ex, Johnny Manziel, but right now she's focused on shaking up the Selling Sunset cast. Get the Real Tea on Bre Tiesi and her first season at The Oppenheim Group.
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.
RIS Media
MAY 18, 2023
Existing-home sales dropped 3.4% from March to a rate of 4.28 million in April, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. NAR’s latest data on existing homes for April found that year-over-year, sales fell by 23.2%, down from 5.57 million last year. Additionally, all four major regions registered month-over-month… The post Existing-Home Sales Drop 3.4% as High Prices and Low Inventory Challenge the Market appeared first on RISMedia.
Inman
MAY 18, 2023
Watch the new Inman Access classes and learn the essentials for breaking into the luxury market and the importance of creating community.
RIS Media
MAY 18, 2023
RISMedia is excited to announce a new partnership with Stellar MLS, the largest multiple listing service in Florida and Puerto Rico serving over 80,000 customers to bring its best-in-class articles and need-to-know information to Stellar’s subscribers via RISMedia Premier News service. Stellar MLS will deliver a selection of RISMedia content to its subscribers, including breaking… The post RISMedia Announces Partnership With Florida’s Stellar MLS appeared first on RISMedia.
Inman
MAY 18, 2023
Whether you're reaching out to current or past clients or cultivating new leads, authenticity and human connection are essential, writes The Agency's Mauricio Umansky.
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.
RIS Media
MAY 18, 2023
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, inching back up to its previous level from two weeks ago, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 6.39% as of May 18, 2023, up from last week when it averaged 6.35%.… The post Mortgage Rates Revert, Inch Back Up This Week appeared first on RISMedia.
Inman
MAY 18, 2023
From voting to raise membership dues to requiring fair housing training to learning best practices for artificial intelligence, Realtors are steering their own fate in the industry.
RIS Media
MAY 18, 2023
“This is a big disappointment: The Fed raised interest rates again, and in my view there was no reason to. The goal of raising the interest rate is to control inflation, and from my perspective, inflation is moving in the right direction.” With these candid comments, National Association of REALTORS (NAR) Chief Economist Dr. Lawrence… The post In the News: CEO & Leadership Exchange Presenter Dr.
Inman
MAY 18, 2023
Video is the most impactful place for you to spend your marketing dollars. Jimmy Burgess helps you ensure you're doing it right with five types of video designed to get you noticed.
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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.
RIS Media
MAY 18, 2023
When a real estate agent calls your tech company for assistance, what kind of experience will they have? Will they talk to someone your company has personally selected and coached to help agents get the most out of the product or tool? Or will they talk to an outsourced customer service or tech support staff… The post Why You Should Never Outsource Customer Service or Support appeared first on RISMedia.
Inman
MAY 18, 2023
The company set the standard for easy digital advertising campaigns for real estate agents and brokerages, using retargeting and fast onboarding to place agents across the internet.
RIS Media
MAY 18, 2023
Across the Mid-Atlantic markets sellers are holding their driver seat positions in home sales,according to a new report from Bright MLS. Bright MLS’s monthly market report for May found that Sellers who closed on their home in April received an average of 3.5 offers, and 53.5% ended up closing at a price above their original… The post Sellers Still Own the Market in Mid-Atlantic, Bright MLS Survey Says appeared first on RISMedia.
Inman
MAY 18, 2023
The founder and chairman of Equity Residential had interests spanning real estate, manufacturing, healthcare and media, among other sectors.
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.
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