Housing Wire
JUNE 10, 2021
It’s no secret that buying a home takes time and money. Well, it turns out, so does selling a home. According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one.
Keeping Current Matters
JUNE 10, 2021
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small businesses.
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Housing Wire
JUNE 10, 2021
For the first time in nearly a decade, the Federal Housing Finance Agency (FHFA) is taking a look at how its compensation measures up for executives at Fannie Mae and Freddie Mac. On Thursday, the regulator issued a request for input to determine if the current compensation is not “reasonable” or “comparable.” In a statement, FHFA Director Mark Calabria said the information the FHFA gathers will help to ensure transparent and appropriate executive compensation policies.
Better Dwelling
JUNE 10, 2021
There is no better time to teach a child how to apply for a mortgage, than during a real estate bubble, amiright? The Government of Ontario released some details on the new Grade 9 curriculum. Education minister Stephen Lecce announced math classes will now include financial literacy to make it more relatable to youth. Of […]. The post Canadian Schools Will Start Teaching 14 Year Old Kids How To Apply For Mortgages appeared first on Better Dwelling.
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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.
Housing Wire
JUNE 10, 2021
Fannie Mae has given mortgage servicers the green light to use third-party digital vendors to verify income and asset information. Unsurprisingly, mortgage tech firms are thrilled. In a June 9 note , the government-sponsored entity told mortgage servicers they could implement the changes immediately. Servicers can use a third-party vendor to verify the information that the borrower provided in their mortgage assistance application.
Realtor.com
JUNE 10, 2021
Getty Images Does the phrase “the new normal” drive you nuts? How about “these unprecedented times”? For whatever reason, these pandemic terms that we’ve all heard over and over again in these uncertain (sorry!) times are what can send me into a rage. I’m not alone in my sensitivity. Emotional distress and general anxiety have been widespread throughout the COVID-19 pandemic—chalk it up to life being thrown off course for 15-plus months.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
JUNE 10, 2021
Canada has lost the bragging rights to having some of the best cities in the world for livability. Economist Intelligence Unit (EIU) released their Global Liveability Index for 2021. New Zealand managed to claim the top spot, with Japan and Switzerland not too far behind. Canada dropped out of the Top 10 for the first […]. The post Canadian Cities Plummet On The Economist’s List of Livable Cities, While US Climbs appeared first on Better Dwelling.
Housing Wire
JUNE 10, 2021
Mortgage credit availability increased by 1.4% in May – a sign that volume-hungry lenders continued to loosen credit standards in a highly competitive market, according to Thursday data from the Mortgage Bankers Association. MBA’s Mortgage Credit Availability Index (MCAI) which uses 100 as a benchmark — increased to 129.9 in May. A decline in the MCAI suggests that lending standards are tightening while a higher number suggests loosening credit standards.
Realtor.com
JUNE 10, 2021
Realtor.com Home prices aren’t the only cost that has been soaring over the past few months. It seems like just about everything, from rental cars to puppies , has gotten more expensive—and that could help determine whether home prices have more room to rise. Inflation of goods and services rose 5% in May compared with the previous year, according to the Consumer Price Index.
Housing Wire
JUNE 10, 2021
Flyhomes , the five-year-old real estate startup that lets people make cash offers on homes while they work to secure a mortgage, announced a Series C round of funding on Thursday totaling $150 million. The company’s latest round was co-led by venture capital firms Norwest Venture Partners — an active investor of industry players homeward , CoreLogic and Opendoor — and Battery Ventures.
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.
Eye on Housing
JUNE 10, 2021
Consumer prices continued to rise in May, supported by increases in housing costs. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in May on a seasonally adjusted basis, following an increase of 0.8% in April. It marks the largest increase since June 2009. Excluding the volatile food and energy components, “core” CPI.
Housing Wire
JUNE 10, 2021
REX grabbed national attention in March when the residential real estate brokerage filed a lawsuit alleging an antitrust conspiracy between listings giant Zillow and the powerful National Association of Realtors. But a judge’s ruling Wednesday forcefully concluded there’s little merit to REX’s allegations, and denied the brokerage’s motion to stop how Zillow is currently listing properties.
BubbleInfo
JUNE 10, 2021
Our listing in Fire Mountain is back on the market. The buyers, who according to their agent were in love with the house and the price, decided to cancel because of what they found out about the city restrictions. The City of Oceanside won’t allow short-term rentals because the driveway is only 20 feet wide, […].
Housing Wire
JUNE 10, 2021
There are a number of challenges affecting the non-QM market, but there are also opportunities. By partnering with a mortgage company that understands how to streamline non-Qm loans, brokers can close loans quickly and effectively. HousingWire recently sat down with John Jeanmonod, Regional Vice President of Sales at Angel Oak , about the company’s non-QM solutions which make the mortgage process easier for brokers.
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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.
Realty Biz
JUNE 10, 2021
With the U.S. Federal Reserve Chairman Jerome Powell set to announce inflation data today, many are on the edge of their seats anticipating what may be an interest rate hike coming soon. While vested interests prefer to paint a rosy picture for perpetuating a crazy market, Christiaan Hetzer at Forbes and many others reveal that the real estate bubble and inflation are just an American trend, but a global problem.
Housing Wire
JUNE 10, 2021
Keosha Burns is a seasoned marketing executive who has recently taken on a new role at JPMorgan Chase: executive director, senior advisor, community and affordable lending. That combined expertise is why we invited her to speak at engage.marketing on the panel: Marketing to Reach a Diverse Audience. In her current role, which she assumed in March, Burns is working to expand homeownership in underserved communities.
RIS Media
JUNE 10, 2021
As we reach the mid-year point of 2021, now is a good time to look back at your real estate goals for this year and find out how you’re doing so that you can plan ahead for the next six months. Whether you’re taking part in a formal process or simply checking in with yourself, these steps help you organize your own mid-year review—and ensure that you are on target to achieve your goals. 1.
Housing Wire
JUNE 10, 2021
Whether moving to be near family or relocating for a job, moving is common. Take the pandemic, for instance. The housing market saw a huge spike in the number of moves as people relocated from big cities to avoid COVID-19. According to data obtained by USPS, almost 16 million people moved during the pandemic. And even though life is getting back to normal, people are still moving.
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.
Better Dwelling
JUNE 10, 2021
One of Canada’s largest financial institutions sees the market cooling. Desjardins senior economist Benoit Durocher expects real estate to stabilize soon. This won’t be due to government action or new policy measures though. He sees the cooling as a result of a lack of affordability, and the economy reopening. Stabilization is most likely, but cooling […].
BubbleInfo
JUNE 10, 2021
If you find a hot buy that is likely to have multiple offers, you will be confronting the uneasy choice of waiving the appraisal contingency in your offer. It’s likely that the other buyers will do it too, so it’s become a part of the minimum package needed just to compete. If the appraisal comes […].
Realtor.com
JUNE 10, 2021
realtor.com I’ve looked at many homes and travelled to many cities, but I’ve never seen anything like the Underground House in Las Vegas. Part authentic time capsule dwelling, part Doomsday bunker, part fantasyland, it’s a unique dwelling unlike anything else in the world. The underground home’s price history is also unique. The original owner purchased the 1-acre lot in the 1970s.
Homes.com
JUNE 10, 2021
Feeling like it's time for a home refresh? Take your summer curb appeal to the next level with these five easy projects! The post Sellers, Boost Your Summer Curb Appeal with These 5 Easy Tips! appeared first on Homes.com.
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.
The Mortgage Report
JUNE 10, 2021
Guaranteed Rate mortgage review showing how Guaranteed Rate compares to other top lenders for mortgage rates, customer service, and loan options.
Point2Homes
JUNE 10, 2021
It may be a small space , but you can really pack a lot of style into a bathroom. It’s the one room where people tend to get a little daring with bold prints or beautiful tile. But when you’re working with a small space , that also means you have to have a good plan to ensure everything looks cohesive. The secret to getting your bathroom remodel or redesign to look just as you imagine it is to find your style.
Waterfront Properties
JUNE 10, 2021
Living in Florida has many benefits, the year-round sunshine and the mild temperatures are two reasons but also being able to take your boat out on the water to grab something to eat. Many award-winning restaurants are located on the water or within water access in Martin County and Northern Palm Beach County and are open for your next meal. These restaurants are convenient for your trip along the intracoastal or a day out at sea and offer everything from seafood, burgers, tacos, sushi, pizza, p
Notorious ROB
JUNE 10, 2021
Is the housing market starting to slow down? At least a little bit? I’m having a tough time understanding what is actually going on. The Market is Cooling, right? To give you an example of why I’m confused, let’s take a quick look at Redfin. During my most recent site visit, I read an article. Read more. The post What the Hell is Actually Going on with Housing??
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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
JUNE 10, 2021
John L. Scott Real Estate Chairman and CEO J. Lennox Scott recently received the prestigious Brokerage Leadership Award at the Leading Real Estate Companies of the World® (LeadingRE) Annual Conference in Las Vegas this past May. The Brokerage Leadership Award recognizes a principal broker who exemplifies extraordinary leadership and whose achievements have drawn the attention and admiration of others.
Notorious ROB
JUNE 10, 2021
This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh Monthly Subscription $ 20 Monthly Subscribe Now Annual Subscription $ 200 Annually (Save $40) Subscribe Now. The post From Drew Meyers of GEM: Building Blocks for Homes of Tomorrow appeared first on NotoriousROB.
RIS Media
JUNE 10, 2021
Time management and general organizational skills are things you need to master if you’re going to make it as a real estate professional today. Veteran agents and brokers are likely accustomed to anything but a normal work week—regular nine-to-five hours aren’t in the job description. Now, as most states no longer require masks for the fully vaccinated, you need to be prepared for an increase in face-to-face meetings and in-person showings.
Waterfront Properties
JUNE 10, 2021
Every month, the Loxahatchee River Center in Jupiter pairs up with the United States Coast Guard Auxiliary “Flotilla 52” to provide a series of Boating Safety Course aimed for young boaters in our community. The classes are aimed for young boaters however, all are welcomed to learn more about safety on the water. The next Boating Safety Class is happening this Saturday and Sunday and the course is completely virtual.
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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