Wed.Jun 21, 2023

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Eco-Friendly, Energy-Efficient Homes Attract Buyers

Keeping Current Matters

Are you planning to sell your house?

Marketing 219
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Mortgage demand rises but remains way down from last year

Housing Wire

On the heels of the Federal Reserve pausing its rate hikes, mortgage demand increased, but only slightly. For the week that ended June 21, mortgage applications only climbed 0.5% from the prior week , according to the Mortgage Bankers Association. This slow growth highlights that while demand is there and rates have fallen for three consecutive weeks, activity continues to be constrained by low levels of affordable inventory.

Mortgages 370
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Agents Decoded: Is it time to switch brokerages?

Real Estate News

Your choice of brokerage can have a big impact on your career. There are plenty of good reasons (and some not-so-good ones) to consider making a change.

Brokerage 258
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Phil Shoemaker on lessons learned from Homepoint’s demise & The Loan Store’s future 

Housing Wire

Home Point Capital surprised the market on April 7 when it announced that the acquirer of its struggling mortgage origination business was a small wholesale shop few had even heard of. The Loan Store , based in Arizona and accustomed to originating about $20 million a month, was picking up the pieces of the third-largest wholesale lender in the country?

Loans 370
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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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NAR CEO to retire in 2024

Real Estate News

Bob Goldberg announced that he will leave the role when his current contract ends.

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FHFA sounds the alarm over GSEs’ ability to absorb losses

Housing Wire

The Federal Housing Finance Agency (FHFA) is sounding the alarm over a high risk-based capital shortfall for Fannie Mae and Freddie Mac , exceeding their risk-based requirements and elevated operational risks. This is according to FHFA’s 2022 Annual Report to Congress published earlier this month. “Despite considerable growth in each Enterprise’s loss-absorbing capacity (net worth), available capital remains in deficit, in large part because the Senior Preferred Stock issued by the Enterprises i

Banks 370

More Trending

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In the Mid-Atlantic, more sellers are listing second homes and investment properties

Housing Wire

Unlike a typical spring homebuying season in which sellers are also looking to buy a home, people trying to relocate into a bigger or smaller home in the Mid-Atlantic region made up a relatively small share of the housing market. Move-up buyers made up just 11% of sellers in May, while those looking for a smaller home accounted for 12% of all sellers.

MLS 370
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Builders are back on track. Here’s what that means for real estate

Inman

It wasn't easy, but builders survived the market downturn without mass layoffs. And they've clawed their way back near normal sales levels.

Sales 176
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CFPB spring agenda aims to tackle AVMs, overdraft fees, FCRA and more

Housing Wire

The Consumer Financial Protection Bureau (CFPB) has 11 different items in the pipeline in its section of the federal government’s 2023 spring regulatory agenda, released last week by the White House. While only a fraction of the total items on the agenda for the U.S. Department of Housing and Urban Development (HUD), the regulator’s agenda will address issues relevant to the housing industry.

Staging 370
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Windermere buys former rival as agents ‘boomerang’ from eXp

Inman

The regional brokerage has purchased HK Lane, a 75-agent firm in the Coachella Valley, and welcomed back about 50 agents that were part of a team that left for rival eXp Realty in April.

Agents 157
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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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Video of the Week: Element Hill in Hamilton Island, Australia

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week.  Hamilton Island, Australia | Queensland Sotheby’s International Realty With its breathtaking location and a host of lavish features, Element Hill caters to the discerning buyer who seeks nothing but the best.

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8 real estate team building strategies you need right now

Inman

To help you explore what's next, you'll have access to the best minds in real estate in one place at Inman Connect Las Vegas. Featured speakers include: Leadership Performance Coach Jon Cheplak, Keller Williams Team Leader Wendy Papasan, Sharran Srivatsaa, President of Real Brokerage, Tyler Elstrom, MAPS Coach of Keller Williams, Verl Workman of Workman Success Systems, Jeff Lobb of Sparktank Media, and more.

Brokerage 157
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How Real Estate Builds a Wealth Legacy for American Families

RIS Media

Real estate is about more than simply helping someone buy or sell a property. It’s about creating a base from which a family can build a legacy. As their chosen agents, we must help them buy that first home and push them toward sustainable investments and success. By providing them with the tools necessary to… The post How Real Estate Builds a Wealth Legacy for American Families appeared first on RISMedia.

Agents 109
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Jumbo mortgage rates rise as lenders pull back

Inman

Rates for mortgages backed by Fannie and Freddie continue to ease despite Federal Reserve Chairman Jerome Powell's tough talk on inflation, but liquidity issues put pressure on bigger loans.

Mortgages 148
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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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SOCIAL SKILLS: Modern Door-Knocking Methods for Generating Leads and Building Relationships

RIS Media

Door knocking has long been a go-to method for real estate agents to connect with potential clients and generate new leads for their business. Though door knocking should still remain in your bag of tricks, it is crucial for agents to adapt and embrace today’s fast-paced and technology-driven world. The digital age has opened up… The post SOCIAL SKILLS: Modern Door-Knocking Methods for Generating Leads and Building Relationships appeared first on RISMedia.

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10 tips for coaching your team to better results in any market

Inman

Coaching in a volatile market can be especially challenging. Here are 10 tips from author and coach Darryl Davis to help you coach your real estate team today.

Marketing 147
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Coldwell Banker Around the World: June 2023

Coldwell Banker

Summer is upon us, and for those of you lucky enough to be spending time in Italy this summer, we encourage you to consider visiting Campania, a region on the southwest coast of Italy. The post Coldwell Banker Around the World: June 2023 appeared first on Coldwell Banker Blue Matter.

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May saw the lowest housing inventory in a decade: Report

Inman

The number of homes for sale in the United States fell 7.1 percent year over year to 1.4 million on a seasonally adjusted basis, according to Redfin.

Sales 148
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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 Applications Continue Second Week of Increases

RIS Media

Mortgage applications continued their second straight week of increases, rising slightly at 0.5% from the previous week’s 7.2% increase, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending June 16, 2023. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, increased… The post Mortgage Applications Continue Second Week of Increases appeared first on RISMedia.

Mortgages 109
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DelPrete: Are agents at low-fee brokerages any less productive?

Inman

The dual hypotheses that low-fee brokerages aren’t sustainable, and that their agents are less productive, are false, Mike DelPrete writes.

Brokerage 148
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The Many Lives of Downtown Brooklyn’s Offerman Building

Brownstoner

Editor's note: We're thrilled to announce Brownstoner columnist Suzanne Spellen will be writing stories about Brooklyn history and historic architecture once a month here, in addition to her features for the Brownstoner print magazine. Also in the pipeline for the fall is a mini-site where all her works will be… Read More > The post The Many Lives of Downtown Brooklyn’s Offerman Building appeared first on Brownstoner.

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Workman CEO: Team members are 80% more likely to stay in business

Inman

In a market like this, a culture of productivity helps keep agents in the industry, Workman Success Systems CEO Verl Workman told Inman Intel.

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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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Weichert Names New President of Residential Sales and Real Estate Services

RIS Media

Bill Scavone, president of Weichert, Realtors and Weichert Real Estate Affiliates, has announced that Joe McDonald has been promoted to president of Residential Sales and Real Estate Services. In this position, McDonald will oversee the company’s residential real estate agents and support operations, including Weichert’s national network of referral agents.

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What podcast are you addicted to right now? Pulse

Inman

Whether you love true crime, self-help or celebrity sitdowns, what podcast is your absolute favorite right now?

Agents 148
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REcolorado Partners With SkySlope

RIS Media

Colorado’s largest MLS, REcolorado, has announced plans to enhance its subscriber benefits with two new SkySlope solutions: SkySlope Forms and SkySlope Offers. Both employ automation to simplify time-consuming real estate transaction tasks. “As technology becomes increasingly important to our subscribers’ businesses, REcolorado is committed to constructing a benefits model that gives our subscribers access to… The post REcolorado Partners With SkySlope appeared first on RISMedia.

MLS 104
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Matterport’s Genesis doubles-down on digital twin management

Inman

Matterport, the company that commercialized 3D listing tours and made the industry familiar with the term “digital twin,” has set yet another benchmark for digitally immersive real estate marketing with the release of Genesis.

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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.

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Unbelievable Returns from Flipping This New Type of Real Estate w/Jessie Rodriguez

Bigger Pockets

The real estate market is crumbling…or is it? According to experienced investors like Jessie Rodriguez, now is one of the best times in recent memory to start building wealth.

Investor 104
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The Right Tools Your Agents Need Right Now

RIS Media

NAR PULSE—Proactively work to protect the environment and promote positive change with help from this month’s free and discounted Right Tools, Right Now offerings. Share the latest deals with your agents! NAR REALTOR Benefits® Is Passionate About Your Profits Because we understand you and your agent’s business, we know what deals and discounts will bring… The post The Right Tools Your Agents Need Right Now appeared first on RISMedia.

Agents 102
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Detroit-Style Pizza Coming to Smith Street in Boerum Hill

Brownstoner

A new pizzeria exclusively baking Detroit-style pies, made in a rectangular pan and known for their focaccia-like crust and Wisconsin cheddar cheese topping, will be opening its doors on Smith Street in Boerum Hill this summer. Chef and owner Andrew Halitski will debut La Rose Pizza in the storefront that formerly… Read More > The post Detroit-Style Pizza Coming to Smith Street in Boerum Hill appeared first on Brownstoner.

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What is an HOAs Meaning and Purpose

Maximum Exposure Real Estate

What is an HOA, and How Do They Work? What is an HOA? HOA stands for Homeowners Association. If you are new to buying a home, you might not understand what an HOA is, what it means, or how it will affect you. The HOA meaning adds some value but also some restrictions too. Many […] The post What is an HOAs Meaning and Purpose appeared first on Maximum Real Estate Exposure.

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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.