Sat.Jul 08, 2023 - Fri.Jul 14, 2023

article thumbnail

What’s a Mortgage? (Nearly 50% Of People Recently Polled Didn’t Know…)

Lighter Side of Real Estate

Whatever line of work you’re in, there are probably some fairly common terms you’re used to hearing and saying that an outsider may not know. They may be so basic to you that you can’t even imagine how somebody wouldn’t know what it is, even if they aren’t in your field. For instance, the word “mortgage” is something real estate agents presume everybody knows.

article thumbnail

Reasons Your Home May Not Be Selling

Keeping Current Matters

When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles.

238
238
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling a House With a Lien — A Guide for Homeowners

HomeLight

Whether the cause is unpaid taxes, unpaid alimony, or unpaid contractor bills, selling a house with a lien against it adds one more wrinkle to the already complex task of a home sale. But don’t fret. “Nine times out of 10 the lien can be paid off through the sale,” says Richie Helali, Mortgage Sales Lead at HomeLight Home Loans. “This way the seller doesn’t need to come up with [the debt] out-of-pocket earlier.

Title 117
article thumbnail

6 Social Media Tips for Luxury Real Estate Professionals

RIS Media

There is no disputing the fact that we live in a fast-paced, ever-changing digital world today. Whether you love it or hate it, you cannot escape it. Equally important is acknowledging, as has been repeatedly noted, that a picture can be worth a thousand words. Translated to today’s language, it means that showing is better… The post 6 Social Media Tips for Luxury Real Estate Professionals appeared first on RISMedia.

As-is 98
article thumbnail

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.

article thumbnail

Housing Market Tracker: Inventory shocks lower

Housing Wire

The slow zombie crawl of housing inventory went lower last week as inventory was negative week to week. In addition, mortgage rates rose to a yearly high as labor data stayed firm and purchase apps had their first negative week after three straight weeks of positive growth. Weekly Active listings fell by 866 homes Mortgage rates rose to a year-to-date high of 7.22% Purchase apps were down 5% week to week Weekly housing inventory We had a hat trick in housing last week: weekly active listings wer

Marketing 483
article thumbnail

Share of Two or More Stories New Homes Maintains Lead in 2022

Eye on Housing

Data obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, show that the rising trend of two or more stories homes continued in 2022. Although the overall share remained virtually unchanged, the share of two or more stories homes started construction was greater than one story homes in 2022. Nationwide, the share of new homes.

More Trending

article thumbnail

13 Home Trends That Could Be Going Out of Style

Realty Biz

Your home is your sanctuary, your castle, your safe space. But sometimes it’s also a design nightmare. If your home feels like it could use a refresh, you’re not alone. Before you get started, here are 13 home trends that could soon be going out of style. When trends matter Moving to a new home is the perfect time to revamp your style. Following trends that include classic pieces is a great way to design not just for the moment but also for the future.

Design 90
article thumbnail

After Fire and Decades of Decay, Clinton Hill Wreck on St. James Restored to Former Glory

Brownstoner

We were amazed and thrilled to see the long crumbling pre-Civil War wood-frame house at 173 St. James Place has been restored to its former glory -- and then some! -- when we happened by Tuesday. What a transformation! After suffering a fire, it was covered in plywood and tar paper… Read More > The post After Fire and Decades of Decay, Clinton Hill Wreck on St.

article thumbnail

Mark Willis returns to Keller Williams

Real Trends

After seven years away from the firm, a viral Twitter hashtag and a legal battle resulting in a temporary restraining order, former Keller Williams president and CEO Mark Willis is back. The Austin, Texas-based brokerage announced Willis’ return in a press release on Wednesday. Willis will serve as a strategic consultant at the company. “For over 32 years, Mark has served across all levels of leadership within KW,” Gary Keller , the co-founder and executive chairman of KW, said in a statem

article thumbnail

DataDigest: There are too many real estate agents and LOs. It’s a problem

Housing Wire

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. And they have good reasons to do so. Talk to a top producer in either field and he or she will tell you: the biggest problem their respective industry faces is that there are far too many sloppy, inexperienced, yee-haw types who, I’m sorry, just shouldn’t be in this business!

Agents 370
article thumbnail

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.

article thumbnail

A rallying cry as lawsuits over agent pay 'hit a critical point'

Real Estate News

T3 Sixty has sent an open letter to the real estate industry, urging everyone to take action now to get ahead of potential rulings in commissions lawsuits.

Agents 246
article thumbnail

Renting or Selling Your House: What's the Best Move?

Keeping Current Matters

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it.

213
213
article thumbnail

Former KW CEO Mark Willis ‘home’ 18 months after eXp recruit drama

Inman

A year and a half after Keller Williams legally blocked eXp World Holdings' attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned.

Brokerage 148
article thumbnail

Veteran sales executives part ways with Movement

Housing Wire

Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire. Deran Pennington, who spent the last 15 years at Movement and until June 2023 held a national sales director position, is joining Summit as a divisional leader in Charlotte. Pennington’s departure comes a few months after Brady Yeager , a mortgage executive with over 21 years in finance and mortgage lending roles, joined

Sales 370
article thumbnail

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.

article thumbnail

Brokers in Focus: Leading with positivity, accepting change

Real Estate News

Shawna Alt, CEO of First Weber Realtors, believes that in hard times, agents should focus on what they can control, and leaders should celebrate small wins.

Agents 246
article thumbnail

How Remote Work Expands Your Homebuying Horizons

Keeping Current Matters

Even as some companies transition back into the office, remote work remains a popular choice for many professionals.

209
209
article thumbnail

Back At You’s Design Studio aims to become ‘Canva of real estate’

Inman

Marketing software company Back At You is getting into the DIY content production game, releasing a new browser application to help the industry promote its brands, agents and properties, according to a company announcement.

Design 147
article thumbnail

UWM offers two SPCP for first-time homebuyers

Housing Wire

United Wholesale Mortgage (UWM) on Wednesday announced two new home-affordability mortgage products designed to help underserved borrowers become homeowners. UWM, America’s top mortgage lender, is offering Special Purpose Credit Programs (SPCP) for Fannie Mae ‘s HomeReady and Freddie Mac ’s BorrowSmart Geo-Target programs. These offerings will be available in select metro areas including Detroit, Baltimore and Chicago for Freddie Mac’s BorrowSmart and Detroit, Baltimore, Chicago, Atl

article thumbnail

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.

article thumbnail

How 3 agents went way, way above and beyond for their clients

Real Estate News

Every agent knows there's more to the job than pulling comps and showing homes. But sometimes closing a deal takes an exceptional level of service.

Agents 240
article thumbnail

The Pros and Cons of Living in a Subdivision Neighborhood

RIS Media

When looking for your next home, you have many decisions to make. One of those important choices is choosing the neighborhood you want to live in. Living in a subdivision neighborhood is popular, but is it right for you and your family? We look at what to know about living in a neighborhood so you… The post The Pros and Cons of Living in a Subdivision Neighborhood appeared first on RISMedia.

article thumbnail

Sherry Chris inspires with lessons learned and triumphs earned

Inman

Tune in to Inman Access and discover the untold experiences and lessons that have shaped the remarkable career of real estate icon Sherry Chris in an exclusive interview with Andrew Flachner.

Brokerage 147
article thumbnail

Latest inflation data bodes well for mortgage rates

Housing Wire

The CPI data released today shows the growth rate of inflation cooling off , and that’s good for mortgage rates. If inflation were running hot like in the 1970s, mortgage rates would have easily gotten to 8%-10% last year. The fact that the growth rate of inflation has been falling over the last few months is a positive story for mortgage rates over the long run.

Mortgages 369
article thumbnail

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.

article thumbnail

Could manufactured homes be the next big thing in housing?

Real Estate News

Prefab homes don't have the sexiest reputation, but modern styles mimic traditional homes — and could make homeownership more attainable.

246
246
article thumbnail

Texas Group Affiliates With RE/MAX

RIS Media

Johnnie Morine, a Texas-based real estate expert, team leader, coach and author, has moved his team of 30-plus agents to the RE/MAX brand. Now operating as RE/MAX Empire, the brokerage formerly known as The Morine Group, REALTORS®, will be led by Morine and Nicole Rogers. “The move to RE/MAX is going to be a huge… The post Texas Group Affiliates With RE/MAX appeared first on RISMedia.

Branding 103
article thumbnail

Lone Star lawmakers pass ‘largest property tax cut in Texas history’

Inman

The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the U.S.

Mortgages 146
article thumbnail

Non-QM lender NewFi launches correspondent lending channel

Housing Wire

Non-qualified mortgage (non-QM) lender NewFi Lending has launched a correspondent lending channel at a time when originators are fighting to grab production volume. “Non-QM product offerings are critical to any mortgage bankers’ offerings in today’s market. Newfi is leading the way in terms of innovation and service for these originations,” Dan Bayer, SVP of non-QM development and strategy, said in a statement.

Lending 367
article thumbnail

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.

article thumbnail

People On the Move at Offerpad and Windermere

Real Estate News

A new CFO joins Offerpad as the company looks to “accelerate its near-term growth,” and Windermere appoints a longtime leader as chief development officer.

article thumbnail

Las Vegas Agents Close Over $11 Million In One Week

RIS Media

Three Berkshire Hathaway HomeServices Nevada Properties agents closed over $11 million in sales volume across the Las Vegas Valley in one week. Alexis Michaud with the Mullin Group sold a Summerlin property for $5.25 million and Berkshire Hathaway HomeServices Nevada Properties agent Koko Darakjian co-listed a Henderson property with another Mullin Group agent Erika Delk,… The post Las Vegas Agents Close Over $11 Million In One Week appeared first on RISMedia.

Closing 99
article thumbnail

After a pandemic pause, the built-for-rent revolution is underway

Inman

The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors.

Investor 145
article thumbnail

Mortgage rates are close to 7%, and may remain so for several weeks longer

Housing Wire

Mortgage rates continued rising for the third consecutive week, increasing to 6.96%, the highest level since November 2022. The uptick in mortgage rates came amid positive inflation news – the consumer price index rate showed cooling prices in June, rising just 3.0% from a year ago, the smallest annual increase since March 2021. However, it is unlikely to be enough to prevent an additional rate hike at the next Federal Open Markets Committee meeting on July 25-26.

Mortgages 366
article thumbnail

How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.