Wed.Apr 17, 2024

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First Community Mortgage selects Blue Sage platform to scale business

Housing Wire

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in. The move allows the lender to have “modernized its mortgage operational processes, boosted productivity and delivered an enhanced borrower experience for its customers,” the company said in a news release.

Mortgages 414
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Is It Better To Rent Than Buy a Home Right Now?

Keeping Current Matters

You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home.

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Supreme Court denies HomeServices’ petition in commission suit

Housing Wire

The U.S. Supreme Court has denied HomeServices of America’s request to hear its argument that the Eighth Circuit Court of Appeals wrongly rejected arbitration agreements with unnamed class members in the Sitzer/Burnett commission lawsuit , according to a court docket entry on Monday. In a writ of certiorari filed in early February, HomeServices told the Supreme Court that each of its client contracts state that the “signatories can arbitrate any claim or dispute arising out of the contrac

Brokerage 392
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Housing Market Decoded: 3 factors that could affect summer home sales

Real Estate News

Get answers to the big questions on everyone's mind: What will happen with inventory and mortgage rates — and will the NAR settlement impact the market?

Marketing 167
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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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Real Estate Lead Generation and Marketing

Housing Wire

Real Estate Lead Generation 6 best places to buy real estate leads in 2024 Mar 18, 2024 By Megan DeMatteo, Meghan Thibault and Megan DeMatteo, Meghan Thibault We recommend the best places to buy real estate leads to give you a shortcut to the closing table. The 9 top real estate lead generation companies for 2024 Mar 18, 2024 By Megan DeMatteo, Meghan Thibault and Megan DeMatteo, Meghan Thibault SmartZip Review: Can data improve your prospecting game?

Marketing 367
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Industry gets some clarity on mortgage commission rules

Inman

Fannie, Freddie and FHA say sellers can continue to pay the buyer's agent's commission. But it remains to be seen if buyers will be allowed to finance their agent's commission into their mortgage.

More Trending

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Floridians grapple with insurance changes as hurricane season nears

Inman

Seventy percent of Florida homeowners — or the area in which they live — have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin.

Marketing 147
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April Demo Day: Boost by Lone Wolf Real Estate Technologies

Housing Wire

Boost Boost by Lone Wolf is the simple way to market your real estate business online. Whether you’re looking to build brand awareness, draw in more engagement for listings, or take your client experience to the next level through digital advertising, Boost is here to help agents and brokers alike. Product Fast Facts #1 Boost simplifies online advertising for real estate professionals with high-performing campaigns across various ad channels, comprehensive performance tracking, and advertising

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Bye bye bye: Leave your team — without losing your connections

Inman

Co-founder of The Agency's BZP Group and regular cast member on "Buying Beverly Hills" Joey Ben-Zvi writes that professionalism and respect are essential to leaving the right way.

Brokerage 144
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Capital Fundings partners with Privy

Housing Wire

Capital Fundings , a Florida -based private mortgage lender, has partnered with real estate investment platform Privy , the companies announced on Tuesday. The collaboration will allow Capital Fundings’ borrowers to receive personalized investor insights. “Capital Fundings is thrilled to embark on this exciting journey with Privy,” Alex Bogumil, CEO of Capital Fundings, said in a statement.

Investor 296
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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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Ex-HGTV star convicted of fraud sentenced to 4 years in prison

Inman

Charles "Todd" Hill, 58, starred on "Flip It to Win It" in 2013. He has been ordered to pay $9.4 million in restitution for committing real estate fraud.

Agents 154
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April Demo Day: Market Intelligence by CoreLogic

Housing Wire

Market Intelligence Market Intelligence is a robust data visualization tool that combines the power of CoreLogic’s data assets with clear and actionable insights that give you a better understanding of the mortgage industry, allowing you to adapt to industry trends, improve LO recruitment and foster deeper relationships within the industry.

Marketing 289
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Homebuyers rush to lock as mortgage rates hit new 2024 highs

Inman

Rates for conforming loans pushed through 7 percent last week and continue to rise, as latest inflation data dims prospects that Fed will ease in June.

Mortgages 111
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Subtle shifts in real estate agent dynamics in March: Relitix

Housing Wire

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. Key highlights from this month’s AMI show that the decline in the number of active agents, those with a closing in the past year, has plateaued.

Agents 289
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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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10 things to do to stay relevant as a real estate agent in 2024

Inman

No matter what's going on in the industry at large, everyone has the opportunity to get better, faster and stronger at what they do every day, broker Joseph Santini writes. Here are 10 easy things to focus on now.

Agents 100
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Home prices kept climbing at a brisk pace in March: First American

Housing Wire

U.S. home prices grew by 0.9% from February to March, according to First American Data & Analytics ’ national house price index released Tuesday. This growth trajectory follows a revised upward figure of 1% price growth from January to February, and prices are now 52% higher than pre-pandemic levels of February 2020. “Persistent inflation has diminished any optimism that the Federal Reserve may start to cut rates in June, meaning mortgage rates seem more and more likely to remain ‘higher for

Mortgages 274
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Seven Reasons Why the Housing Market STILL Hasn’t Recovered From the Pandemic

Bigger Pockets

The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities.

Marketing 113
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Financial planner: Reverse mortgages can help retirees with high property taxes

Housing Wire

A retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling stressed by high property taxes on a fixed income and asks if he would be a good candidate for a financial adviser. One planner solicited for input thinks that a reverse mortgage could be a worthy consideration, among other options, according to a new blog.

Mortgages 265
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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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What’s the craziest thing you’ve heard about commissions? Pulse

Inman

As commission lawsuits and subsequent settlements have unfolded, they've set the stage for misunderstanding, misinformation and many, many mistakes.

Staging 100
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Former Ginnie Mae president reacts to lawmaker’s reverse mortgage securities letter

Housing Wire

Following the submission of a letter by Indiana Sen. Mike Braun (R) to Ginnie Mae President Alanna McCargo about concerns related to the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program, McCargo’s predecessor, Ted Tozer, hopes the senator will dive deeper into the program’s mechanics and what led to the collapse of Reverse Mortgage Funding (RMF).

Mortgages 257
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Jordan Cohen is as ‘blue collar’ as they come, but beloved by LA’s elite

Inman

The six-time No. 1 RE/MAX agent worldwide may deal with some of the loftiest stars, but he stays grounded in his work ethic and rarely deviates from a uniform of jeans and tennis shoes.

As-is 90
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April Demo Day: JaroInspect by Ascent Software Group

Housing Wire

JaroInspect JaroInspect is the mobile inspection tool in the Jaro suite of appraisal tools. JaroInspect is revolutionizing the industry as the first platform to enable direct field transmission of the 1004D. It is now introducing LIDAR floor plan technology to expedite the submission process. Product Fast Facts #1 JaroInspect enables direct field transmission of the 1004d, streamlining the submission process and facilitating automatic retrieval of vital report data from previous files. #2 The Ja

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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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Reliance helps South Dakota’s oldest brokerage embrace the new

Inman

Real estate software and marketing services firm Reliance built a new website for Hegg Realtors, South Dakota’s most tenured brokerage.

Brokerage 121
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April Demo Day: Navigator by Ardley

Housing Wire

Navigator Borrowers can view and compare the loan details of available loan options, combining all loan offers into one seamless experience.

Land 256
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How accessible is your business for people with disabilities?

Inman

Don't let your office, your team or your website be a barrier to someone with disabilities, Rachael Hite writes. Accessible design benefits everyone.

Design 95
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Weichert Expands Franchise Sales Team

RIS Media

Weichert Real Estate Affiliates, Inc. recently added Paula Atakhanian, Robert Clark, Denis Faherty, June Huber, and Andy Weiss to its franchise sales team. The group is dedicated to growing the Weichert brand and guiding prospective franchisees toward a path of sustained success. The expansion of the franchise sales team will help Weichert continue to meet… The post Weichert Expands Franchise Sales Team appeared first on RISMedia.

Sales 100
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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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Homebuyers emboldened in wake of $418M NAR settlement: Intel poll

Inman

Clients think their agents bring a ton of value, and they're willing to pay for it, according to a survey of 3,000 employed U.S. residents conducted by Intel and Dig Insights. But many consumers embrace the idea of negotiating a lower commission — and perhaps exploring new models.

Agents 84
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Seattle studied dozens of sites for housing growth. These 24 got picked

Seattle Times Real Estate

The idea is about cultivating "15-minute" neighborhoods, where people can meet their basic needs by walking or biking from home, and spreading housing to areas where not much development has occurred in decades.

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NAR Announces the Companies Attending REACH 2024

RIS Media

Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced the acceptance of eight companies to the 2024 REACH program. This marks the 12th cohort focused on accelerating technology solutions for the U.S. residential real estate sector. “Through the REACH scale-up program, we’re catalyzing transformative advancements at the intersection of technology… The post NAR Announces the Companies Attending REACH 2024 appeared first on RISMedia.

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Negotiable Commissions?

BubbleInfo

Are commissions negotiable? The common perception is Yes, because commission rates aren’t determined by any regulatory body, and brokerages/agents are free to devise their own compensation plan. But the agents who have a meaningful skill set and a book of business have determined their fee. They aren’t going to work for less just because the […] The post Negotiable Commissions?

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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.