Sat.Nov 26, 2022 - Fri.Dec 02, 2022

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Can we still avoid a recession?

Housing Wire

Economic reports over the Thanksgiving holiday paint a complicated picture of what’s happening, and where we are on recession watch. The big economic surprise was the strength of Black Friday sales, where consumers spent a record $9.12 billion online. Another surprise was the Atlanta Fed’s forecast of 4.3% GDP growth in the fourth quarter, since the Atlanta Fed data was used by many to say that the U.S. went into a recession earlier in the year.

Mortgages 536
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3 Easy Ways to Promote Open Houses on Facebook

Agent Drive

Today, most agents dismiss open houses as ineffective. Who cares about open houses when all the information is on tap away, right from your phone. Naturally, agents are thinking of abandoning this idea. But could it be a premature assumption to make? And what if you can harness the power of the world’s most popular social media […]. The post 3 Easy Ways to Promote Open Houses on Facebook appeared first on AgentDrive.

Agents 98
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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

A comparative market analysis (CMA) determines the market value of a property by comparing it to similar properties that have recently sold, as well as to those currently listed for sale. A CMA is a crucial tool for listing agents determining the right sale price for a property. It’s also a tool for buyer’s agents advising their clients to make competitive offers.

Marketing 105
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Home Prices Continue to Decline in September

Eye on Housing

Home prices declined for the third straight month in September as the housing market continues to cool. In September, all 20 metro areas experienced negative home price appreciation. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, fell at a seasonally adjusted annual growth rate of 8.7% in September, following a 6.4% decline in.

Marketing 119
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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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Social Media Marketing to Millennials — Building Relationships

Realty Biz

Take a moment to consider where the online marketing world is at today for real estate. Much of the older generation continue struggling with social media marketing while the millennial generation insists businesses first build a relationship before trying to make a sale (or real estate purchase). The older generation came of age in the non-digital world.

Marketing 111
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Feels Like Fed Easing

BubbleInfo

This isn’t exactly new news – most prognosticators figured the Fed would only raise their rate by 0.5% in December, instead of the 3/4% hikes recently – but the stock market liked it (up 628) and the 10-year yield dropped a tenth. All we need is mortgage rates to be in the 5s for selling […].

Mortgages 105

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6 Tips to Post Smarter on Social Media in 2023

HomeLight

As agents, you’re expected to know the latest real estate industry trends. But staying on top of social media trends is a different story. Social media is undoubtedly a valuable tool to help grow your business. But to reap the benefits, it’s important to know what and how you should post because things are changing fast for 2023. And with so many platforms around, it’s a challenge to keep abreast of all the changes that are critical to your social media success.

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14 Memes That Show the Fitness Struggle Is Real for Real Estate Agents

Lighter Side of Real Estate

Some people manage to find the discipline and work-life balance to achieve an envious physique, but most people are too busy with work and responsibilities at home to be able to pull it off. While it may seem like real estate agents have plenty of time and flexibility in their schedule to easily join the ranks of the fittest folks on earth, time and fitness are just as elusive to them as anyone else.

Agents 93
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5 Things NOT To Renovate Before Listing – The Buyer Might Do It

Mandrona Group

When you decide to put your home on the market, you want to put your best foot forward in preparing. Read More.

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How smart home technology increases property value in a challenging market

Housing Wire

Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. “Smart home technology, whether it be keyless entry locks, smart thermostats or leak sensors, these are all things that, five or six years ago, were still pretty new to the marketplace,” said Andre Sanchez, COO of Rently, a smart home and self-guided touring solutions provider.

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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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Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Keeping Current Matters

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008.

Marketing 222
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Replacement Roofing: Warning Signs You Need a New Roof

Maximum Exposure Real Estate

Signs Roofing Replacement is Necessary One of the questions that any homeowner should be asking themselves if they have a roof that is getting up in age is, “how do I know if replacement roofing is necessary? For obvious reasons, your roof is one of the most essential parts of your home. Without it, you […]. The post Replacement Roofing: Warning Signs You Need a New Roof appeared first on Maximum Real Estate Exposure.

Marketing 144
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Luxury Real Estate Headlines: First Week in December 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. San Francisco, California | Sotheby’s International Realty – San Franciasco Brokerage. The “grand-scaled” mansion is located on tree-lined street in Presidio Heights. 100-Year-Old San Francisco Home Lists for $11.35 Million – Mansion Global.

Land 137
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Is the market pivoting ahead of the Fed?

Housing Wire

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. The honey badger labor market is still going strong as we got another solid jobs report Friday, which pushed bond yields higher at first. However, the way the day ended showed that change is coming. We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look diffe

Marketing 508
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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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3 Ways You Can Use Your Home Equity

Keeping Current Matters

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments.

Equity 221
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Selling A House With Mold: What Does Black Mold Look Like?

Maximum Exposure Real Estate

How to Sell a House With Mold I am selling my home and found mold! Now what? What to do about selling a house with mold is a question real estate agents get quite a bit. The potential is there for mold to be found in almost every home. Where there is any amount of […]. The post Selling A House With Mold: What Does Black Mold Look Like? appeared first on Maximum Real Estate Exposure.

Agents 143
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The Canadian Real Estate Bubble Is Popping As Mortgage Rates Throttle Credit

Better Dwelling

The Canadian real estate bubble got a big boost from low rates, and prices are correcting as rates soar. Home prices climbed aggressively as cheap credit flooded the mortgage market until March. As rates increased, credit was throttled, and the opposite effect began to appear. Home prices are now down significantly and likely to slip […]. The post The Canadian Real Estate Bubble Is Popping As Mortgage Rates Throttle Credit appeared first on Better Dwelling.

As-is 134
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Fintech Hitch launches new HELOC platform

Housing Wire

Austin fintech startup Hitch has rolled out a HELOC platform to help homeowners tap into more than $100 billion in government grants available for home renovation. Established at the start of 2022, Hitch will give qualified owners access to up to 90% of the equity locked in their homes, the company said Thursday. One of the biggest benefits for Hitch users is speed, the company said.

Equity 432
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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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Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

Keeping Current Matters

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait.

Marketing 251
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Questions To Ask Before Buying A Condominium

Maximum Exposure Real Estate

Top Questions to Ask When Buying a Condominium. The questions to ask when buying a condo found below are something every buyer should consider when purchasing this type of housing. I would be willing to bet that many of these questions are topics that many buyers would have ever thought to ask. Purchasing a condominium […]. The post Questions To Ask Before Buying A Condominium appeared first on Maximum Real Estate Exposure.

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Canada’s Real Estate Bubble Is Approaching The Largest In History

Better Dwelling

Canada’s real estate bubble has blown past the 90s bubble, and is going for the biggest of all time. National Bank (NBF) data shows affordability in Q3 2022 eroded to the worst level since the early 1980s. Just like the 80s bubble, they don’t expect this one to persist for much longer. Affordability is expected […]. The post Canada’s Real Estate Bubble Is Approaching The Largest In History appeared first on Better Dwelling.

Banks 126
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Wells Fargo makes further deep cuts to its mortgage division

Housing Wire

Wells Fargo , the largest depository mortgage lender in America, cut hundreds of home lending jobs across the country on Thursday. Bloomberg first reported the news of the layoff, which is just the latest round of cuts for a lender that’s been open about its retreat from the upper echelon of the mortgage rankings. The company declined to state how many jobs were shed on Thursday.

Mortgages 421
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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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What You Want To Know If You’re Pursuing Your Dream of Homeownership

Keeping Current Matters

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead.

Marketing 236
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Tips on How to Get a Home Mortgage Loan

Maximum Exposure Real Estate

Preparation For Getting a Home Loan Are you looking at how to get a mortgage? If so, thinking about owning your first place is probably exciting. Buying a house is big deal. How to prepare to get a mortgage is something every buyer should think about well before making a home purchase! One of the […]. The post Tips on How to Get a Home Mortgage Loan appeared first on Maximum Real Estate Exposure.

Loans 142
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A Sharp Global Real Estate Correction Is Approaching: Oxford Econ

Better Dwelling

Low rates led to a global real estate boom, now expected to correct as interest costs rise. This week, Oxford Economics warned a sharp global real estate correction is approaching. Rising rates, weak demand, and falling construction prices will take a lot of the froth out of the market. Global Real Estate Prices Expected To […]. The post A Sharp Global Real Estate Correction Is Approaching: Oxford Econ appeared first on Better Dwelling.

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Stronger than expected job growth raises specter of more Fed hikes

Housing Wire

Defying economists’ expectations, job growth remained strong in November. Total nonfarm payroll employment rose by 263,000 jobs from October , according to data released Friday by the Bureau of Labor Statistics. So far this year, monthly job growth has averaged 392,000, down from an average of 562,000 per month in 2021. Even as the number of jobs continued to rise in November, unemployment remained unchanged from a month prior, holding steady at 3.7%, with 6.0 million persons unemployed.

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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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2023: The Year of the Homebuyer? Our Bold Predictions on Home Prices, Mortgage Rates, and More

Realtor.com

Photo-Illustration by Realtor.com / Getty Images (4) It’s safe to say we’ve never encountered a housing market nearly as unpredictable as the one we’re in right now. After months of navigating wild fluctuations, homebuyers, sellers, owners, and renters are now desperately trying to read the tea leaves to figure out where real estate prices, inventories, sales, and mortgage rates are going in the coming year.

Mortgages 122
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Expired MLS Listing in Real Estate Explained

Maximum Exposure Real Estate

What is an Expired MLS Listing? Have you heard a real estate agent reference an expired listing? You probably wondered what it meant. Expired listings happen when there is no success in selling, and they fall out of the Multiple Listing Service. You will likely sign an exclusive right-to-sell listing agreement when you sell your […]. The post Expired MLS Listing in Real Estate Explained appeared first on Maximum Real Estate Exposure.

MLS 132
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U.S. Added 263,000 Jobs in November

Eye on Housing

In November, job growth slowed slightly from the previous month but still showed strength despite tight monetary policy. The unemployment rate was unchanged at 3.7% in November as the number of persons in the labor force decreased for the third straight month. Total nonfarm payroll employment increased by 263,000 in November, following a gain of 284,000 in October, as reported.

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Mortgage Coach integrates with Polly’s PPE

Housing Wire

Sales Boomerang and Mortgage Coach announced an API integration between Mortgage Coach and SaaS technology provider Polly on Thursday. Real-time data from Polly’s cloud-native Product and Pricing Engine (PPE) will feed into Mortgage Coach Total Cost Analysis (TCA) presentations through this integration, providing home loan comparisons for borrowers.

Mortgages 404
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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.