Mon.Jan 30, 2023

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Closing on House Checklist For Buyers and Sellers

Maximum Exposure Real Estate

Closing Day Checklist For Buyers and Sellers Do you like having a checklist for essential tasks? Whether you are buying or selling a home, having a closing checklist can be helpful. Over the years, many buyers and sellers have asked me, “what do I need to do before closing on my home?” The time frame […] The post Closing on House Checklist For Buyers and Sellers appeared first on Maximum Real Estate Exposure.

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Housing Market Tracker: Housing inventory falls once more

Housing Wire

We are off and going now, as seasonality has kicked into full gear with the purchase application data. And, so far, it’s been a good start to the year. Here’s the housing market rundown for the last week: Purchase application data showed positive weekly growth again — and the bounce from the bottom is more noticeable now. Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week.

Marketing 508
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Where Will You Go If You Sell? You Have Options.

Keeping Current Matters

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

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AmeriSave accused of defamation, failure to pay wages in lawsuit

Housing Wire

A group of 11 former employees are accusing AmeriSave Mortgage Corp. in a new lawsuit of failing to pay the wages, bonuses and commissions that were agreed to when they were hired by the company. The group also alleges that the company conducted a defamatory campaign against them after their layoffs in July 2022. According to the class-action-seeking lawsuit, filed in California, AmeriSave hired 200 loan officers to focus on the West Coast region in early 2022.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Jason Oppenheim: Commission suits will be ‘armageddon’ for real estate

Inman

The founder of The Oppenheim Group and star of Netflix's "Selling Sunset" told Yahoo! Finance that potential changes to the commission structure could result in an exodus of real estate agents.

Finance 158
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Cenlar FSB names Jim Daras as CEO and president

Housing Wire

Cenlar FSB, the second-largest mortgage servicer and largest sub-servicer in the U.S., has appointed D. James ‘Jim’ Daras as its CEO and president. Daras’ professional career spans more than four decades in the banking and mortgage banking industry. His specializations include risk management, banking and corporate finance functions, bank restructuring, company start-ups and venture capital investing, according to a statement from Cenlar.

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More Trending

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Canadians Are Still Using Their Homes As ATMs, Just Not With HELOCs

Better Dwelling

Canadians are cooling on home equity line of credit (HELOC) loans, but homes are still being used as ATMs. Filings show the balance of HELOC loans fell slightly in November. Don’t let that fool you into thinking the spree of home equity spending is over though. Households are still borrowing hundreds of millions per month […] The post Canadians Are Still Using Their Homes As ATMs, Just Not With HELOCs appeared first on Better Dwelling.

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The new top 3 rules of real estate: Speed. Speed. Speed

Inman

Modern homebuyers don’t want to get a loan during banking hours — they want to be able to access the calculators to help them shop confidently, and then text a loan expert if they have questions. And that’s exactly the kind of support a great digital lender can provide.

Banks 158
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Housing Affordability Goes South

Eye on Housing

Buyers’ outlook for housing affordability took a sharp negative turn in the final quarter of 2022, when a record high of 87% reported being able to afford fewer than 50% of the homes for-sale in their markets. The remaining 13% can afford the majority of homes available, less than half the 31% who could in the third quarter. Affordability expectations.

Sales 122
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How to create great marketing content in seconds with ChatGPT

Inman

We’re at the very front end of changes that will forever alter almost every aspect of our lives, according to trainer Bernice Ross. While AI isn’t likely to replace agents any time soon, those who fail to embrace these powerful tools will lose significant market share to those who do.

Marketing 158
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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The Cities Where You’ll Save Money Renting in 2023—and the Ones Where Buying a Home Is Cheaper

Realtor.com

Photo-Illustration by Realtor.com; Photos: Getty Images (5) Homeownership has long embodied the American dream. But for many, it isn’t the most affordable option these days. Or the one that ultimately makes the most financial sense. Brass tacks: In most of the country, it remains cheaper to rent than to buy the same square footage. But, of course, renters are at the mercy of their landlords and aren’t building wealth that can be tapped in an emergency or passed down to future generations.

Mortgages 109
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Pool of agents working in LA shrunk amid slowdown last year: Analysis

Inman

The number of active real estate agents in LA decreased by 27 percent year over year, falling from 4,800 agents in the fourth quarter of 2021 to 3,500 agents during the same period in 2022.

Agents 148
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Altos: Has the housing market hit bottom?

Real Trends

The available inventory of homes for sale continues to fall at the end of January. This data is created by a combination of a lack of new listings and an increase in buyer demand. The low level of supply is helping to stabilize prices which were falling in the 4th quarter. So the question is: have we already seen the bottom for the housing market? Or, is this a temporary blip, a red herring, before an inevitable recession hits or interest rates climb again?

Marketing 107
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Top 10 color and design trends for 2023

Inman

Don’t be afraid to be bold and daring with your design choices this year. We are venturing into better, brighter times, and our homes are a direct reflection of that.

Design 148
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Double the Success

The Residential Specialist

Brian Phillips, CRS, prides himself on being a full-service agent Since 1997, Brian Phillips, CRS, has been an active REALTOR ® in the state of New York. In 2003, he transitioned from Long Island to Manhattan, where the price points are more lucrative. Although Phillips works for Douglas Elliman Real Estate which is known for luxury, he accepts all price-points.

Design 105
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Looking to renovate construction space, Freemodel secures $19.5M

Inman

QED led a $19.5 million Series A for Freemodel to expand its approach to prepaid, fully managed market preparation renovations, according to an announcement sent exclusively to Inman.

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The backstory of NAR investing in Latin American proptech

The American Genius for Real Estate

A chance meeting at a conference has led to NAR's imaginative move into Latin America to create more opportunities for all.

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Freed from iBuying, Zillow wants more from its mortgage arm in 2023

Inman

To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023.

Mortgages 148
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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12 Memes That’ll Explain Why Your Real Estate Agent Might Look a Little Tired

Lighter Side of Real Estate

If you’ve ever found yourself burning the midnight oil to get some work done, or wide awake with your mind racing once you finally do get to bed, then you can relate to what it’s like to be a real estate agent! But what keeps an agent from their bed—and awake all night once they get there—is probably a lot different than the things that keep you up at night… So, let’s take a look at 12 memes that’ll paint a picture of why your real estate agent might look like they could use a nap and an extra-l

Agents 104
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Engel & Völkers says hello to Carolina foothills with 3 new shops

Inman

Two of the shops will be located in Morganton and one in Nebo, North Carolina. License partners Steve and Polly Leadbetter will lead all three.

Brokerage 147
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What Property Managers Can Learn From Smart Home Security Technology

Realty Biz

Property managers have a lot on their mind, especially when it comes to keeping their tenants safe and secure. Managers of multi-unit properties often find it necessary to implement security measures such as camera monitoring. Still, there are more modern methods for increasing the overall security of your rental properties. One of the most useful ways to do so is by leveraging the use of smart home security technology , the kind often employed by homeowners in the form of smart home devices.

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Why this economist says today’s market is not a do-over of 2008

Inman

Now, although price growth through the pandemic period was clearly excessive, writes economist Matthew Gardner, fundamentally speaking, the two periods cannot be considered to be similar at all.

Marketing 113
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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What is a Loan For Land and How Do They Work?

Maximum Exposure Real Estate

What to Know About Loans For Land Are you planning to buy a plot of land to build a new home? Are you investigating a land loan? If you need financing, you may find it more challenging to get a loan for land from traditional lenders. Land loans are a more specialized finance product available […] The post What is a Loan For Land and How Do They Work?

Land 98
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What’s Happening With Condo Maintenance Fees?

Toronto Realty Blog

TorontoRealtyBlog Every person who obtains a real estate license and becomes an “agent” starts off as an exceptionally naive individual. Fact. And believe it or not, little David Fleming, circa 2004, was no different. As I’ve written before on this blog many times, I was completely bewildered by the concept of condominium living back in 2004 because this thing called a “maintenance fee” made no sense to me.

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What to Consider When Accepting an Offer on a House

Maximum Exposure Real Estate

How to Pick The Best Offer When Selling a Home How do sellers choose an offer? Most people automatically assume you go with the highest bid. It is an exciting time, and it can be tempting to jump on the first or even the highest offer immediately. But it is best to slow down and […] The post What to Consider When Accepting an Offer on a House appeared first on Maximum Real Estate Exposure.

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U.S. Home Seller Profits in 2022

Broke Agent Media

BAM Key Details: ATTOM released its Year-End 2022 U.S. Home Sales Report, which shows an increase in home seller profits for 2022—up 21% from 2021 and up 78% from 2020. Home seller profits represent a 51.4% return on investment (ROI), compared to the seller’s original purchase price—up from 44.6% in 2021 and 32.8% in 2020. Despite the slowdown of the U.S. housing market, home seller profits for 2022 reached their highest level since at least 2008.

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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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Mortgage Applications Rise As Rates Continue To Fall Back

Bigger Pockets

Prospective homebuyers have been waiting for more affordable conditions, and according to data from the Mortgage Bankers Association, they might be ready to start making offers.

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Erin and Ben Napier of ‘Home Town’ Reveal Where To Find Cute Homes for Less Than $100K

Realtor.com

HGTV On “ Home Town ,” Erin and Ben Napier prove time and again that homebuyers don’t have to pay tons of money for a beautiful house. Sometimes, they might even find one for less than $100,000. In the Season 7 episode “A Colorful Match,” Erin and Ben meet Rahkeam and LaDijonay Parker , parents of two young boys and first-time homebuyers.

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3D Printed Homes, Invisible Solar Panels & ‘Good Deeds’ Housing Program: BAM Good News

Broke Agent Media

Ready for some BAM good news ? Real estate can be pretty fickle, and constant negative news about mortgage rates, home prices, and layoffs can get people down. Each week, we’re giving you the most uplifting and positive news in real estate. This industry can be tough, so here’s a little sunshine to start your week! Construction Underway On The First 2-Story 3D Printed Home In The U.S.

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Top lessons for killer social media content

Real Trends

It’s no secret that social media has become a leading platform for building networks, generating leads and personifying brands. In fact, social media has been cited as one of the best source for generating high-quality leads and most industry professionals utilize the space in some shape or form. I’ve personally incorporated my channels into the overarching marketing strategy at Brooke Group Real Estate and the formalized approach has lent itself well to bringing in higher quality leads while bu

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.