Mon.Mar 07, 2022

article thumbnail

NFT mania and the future of the home sale

Housing Wire

February 10 may go down as a momentous day in real estate history. That’s when a 70-year-old brick home in the St. Petersburg, Florida suburb of Gulfport sold for the equivalent of $654,310, where the asset exchanged was represented by a non-fungible token. Worldwide sales of non-fungible tokens, better known – of course – as NFTs, catapulted from $94.9 million in 2020 to $24.9 billion in 2021, according to an analysis of 10 different blockchain ledgers by DappRadar.

Sales 471
article thumbnail

Why It’s Critical To Price Your House Right

Keeping Current Matters

When you make a move, you want to sell your house for the highest price possible.

248
248
Insiders

Sign Up for our Newsletter

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

article thumbnail

Welcome to Walmart. Here’s your mortgage

Housing Wire

Lenders One Cooperative announced on Monday that it has struck a deal to lease retail space in Walmart stores to sell mortgage products and services. The cooperative inked a deal for space at three Walmart locations, but said there are “many more opportunities to come.” Lenders One will be selling purchase, refinance and home equity products at its “store-in-store” branch locations.

Mortgages 466
article thumbnail

Households Priced Out by Higher Interest Rates

Eye on Housing

New NAHB 2022 Priced-Out Estimates showed that 87.5 million households are not able to afford a median priced new home, and that additional 117,932 households would be priced out of the new home market if the price goes up by $1,000. This post presents how interest rates affect the number of households that would be priced out of the new.

Marketing 113
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

ATG to merge with Guaranteed Rate??

Housing Wire

Illinois-based title insurance underwriter Attorneys’ Title Guaranty Fund (ATG) has entered into an agreement to merge with mortgage lender Guaranteed Rate. ATG president and CEO Peter Birnbaum announced the plans for the merger in early January in an email to ATG agents and shareholders. The transaction is still subject to regulatory and shareholder approval, but it is expected to close later this month.

Title 328
article thumbnail

Keap Real Estate CRM and Sales Software

Realty Biz

Keap (formerly Infusionsoft) is a powerful customer relationship management (CRM) and sales and marketing automation platform with essential tools and features that assist real estate agents in: collecting qualified leads; converting existing leads or keeping them interested with various incentives; following up quickly to inquiries by phone, message, or email; and boosting the brand reputation through testimonials and referrals.

Sales 111

More Trending

article thumbnail

What is an Appraisal Gap Coverage Clause

Maximum Exposure Real Estate

What Does Appraisal Gap Mean in Real Estate Many things happen when you buy a new home, and sometimes things don’t go your way. When purchasing with a mortgage, one issue you can have is an appraisal gap. If there this an appraisal gap, you could end up losing your dream home. The simple explanation […]. The post What is an Appraisal Gap Coverage Clause appeared first on Maximum Real Estate Exposure.

Mortgages 109
article thumbnail

Lush With Original Details, Bushwick’s Landmarked Huberty House Hits the Market for $2.7 Million

Brownstoner

This is a heart-stopper for old house lovers: an individual landmark by a noted Brooklyn architect positively brimming with intact original details, from delicate plasterwork to vintage bathrooms, which hasn’t been on the market since the 1930s. Known as the Peter P. and Rosa M. Huberty House, the Colonial Revival standalone… Read More > The post Lush With Original Details, Bushwick’s Landmarked Huberty House Hits the Market for $2.7 Million appeared first on Brownstoner.

Marketing 105
article thumbnail

Inventory Watch

BubbleInfo

The number of NSDCC active listings is 7% higher today than it was last week, which sounds good. We should see many of them go pending over the next couple of days. There were 45 closings in the last week, and the total count of pendings only dropped by ten. This graph should get more […].

Closing 104
article thumbnail

Generating Listings in a Low-Inventory Marketplace

RIS Media

For nearly two years, active real estate inventory has been lower than it has been in quite a while. It has caused some stress on the market in practically every state and has ended up setting higher prices, resulting in more bidding wars between would-be buyers. Unfortunately—or, fortunately, depending on your position—this “new normal” may be around for years to come.

Agents 104
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

Ask Brian: Is It Worth the Cost to Add Solar Panels to My House?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries, please email your questions to askbrian@realtybiznews.com. Question from Winston in GA: Hello Brian, I’ve been thinking about adding solar panels on the roof of my 1,600 square foot home for several months.

article thumbnail

Mortgage and refinance rates today, March 7, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell sharply yesterday. And last week was an excellent one for those rates. But things are looking less promising in markets this […].

Mortgages 100
article thumbnail

Rising heating bills shock Americans

Realty Biz

Rising heating bills this winter have left many homeowners in shock. The increased cost of fuel such as gas has made heating bills jump by anything from 5% to 50% this winter. The increased costs were anticipated, with federal agencies warning last fall that a big jump was expected. Still, in some regions, heating bills are higher than forecasters believed they would be.

article thumbnail

North Carolina Real Estate Icon Launches CENTURY 21 Coastal Advantage

RIS Media

North Carolina real estate leader Shirley Morrison announced this week that she is launching her own brokerage with Century 21 Real Estate LLC, and will now conduct business as CENTURY 21 Coastal Advantage. Morrison has been with the CENTURY 21 ® brand for 35-plus years, the company stated and is known for her industry and community leadership and working with the military.

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

Opinion: There are still investment opportunities in commercial real estate

Real Trends

Commercial real estate is regarded as one of the most reliable performers providing stability, consistency and a profitable market. However, the pandemic has brought on a slew of challenges resulting in volatility in the commercial real estate market. From rising interest rates and rapid changes in technology to supply chain disruptions, firms had to respond quickly to a fast-moving real estate industry by optimizing internal processes and introducing property technology.

article thumbnail

Leading the Charge

RIS Media

Four years after being named one of the Top 30 Influential Women of Houston in 2017, Ige Johnson was approached by a fellow entrepreneur receiving the same accolade. That’s when she heard six words that motivate her to this day: “You paved the way for me.” As the broker/owner of RE/MAX Generation in Texas, the team leader of a top-producing, all-female real estate team and a mentor to budding entrepreneurs, Johnson’s drive for success is unstoppable.

article thumbnail

Exit Realty launches new proprietary technologies

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Exit Realty launches new proprietary technologies. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Exit Realty recently rolled out some new proprietary technologies and has more planned for later this year, as it “provides the real estate professional with both professional su

article thumbnail

The Hudson Gateway Association of REALTORS® Inaugurates Anthony Domathoti as 2022 President

RIS Media

The Hudson Gateway Association of REALTORS® (HGAR) recently inaugurated Anthony Domathoti, broker/owner of EXIT Realty Premium in the Bronx, as its 2022 President, the company announced. HGAR also appointed its 2022 executive officers and directors at its Installation Gala, held at the historic 583 Park Avenue landmark building at 63 rd Street in Manhattan.

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

Daily Links: Renters Face Surging Prices in Brooklyn and Beyond

Brownstoner

In the News Get Out of Your Pajamas, the Pandemic Is Over (Hopefully) [NYT] Rents Are Roaring Back in New York City [NYT] Brooklyn Man Gets 22 Years in Prospect Park Home Invasion Murder [NYP] Woman's Dismembered Body Found Inside Shopping Cart in East New York [CBS] NYC Crime Jumps 58.7 Percent During February,… Read More > The post Daily Links: Renters Face Surging Prices in Brooklyn and Beyond appeared first on Brownstoner.

87
article thumbnail

How Hiring an ISA Team Can Increase Sales

RIS Media

As a successful team leader of a productive and thriving sales team, one extremely effective way to scale your team is to implement an inside sales team. Inside sales agents (ISAs) can create appointments for you and your team members to help lead conversion and maximize all opportunities that exist for you whether they are with people you know and your client base, or with outside leads that come to you from other listings or marketing efforts.

Sales 98
article thumbnail

February TRREB Stats: Sky’s The Limit!

Toronto Realty Blog

TorontoRealtyBlog. I’ve never been sky-diving. Or bungee jumping, for that matter. Once upon a time, sky-diving was a feat reserved for very few. Those dare-devils with a death wish who loved to live on the edge. My old man was an avid sky-diver. He showed me his “log” back when I was a kid, and it looked exactly how you’d expect it took: leather-bound, tattered, ball-point-pen blue ink marking up the thick white pages on the inside.

Sales 85
article thumbnail

Mortgage Lending Across U.S. Drops at Fastest Pace in Almost 3 Years During Fourth Quarter

RIS Media

New data shows that 3.27 million mortgages secured by residential property (1 to 4 units) were originated in the fourth quarter of 2021 in the United States, according to ATTOM’s fourth-quarter 2021 U.S. Residential Property Mortgage Origination Report, released last week. That figure was down 11% from the third quarter of 2021 and 13% from the fourth quarter of 2020.

Lending 98
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

From Classroom to Closing: How HomeLight Trade-In Helped Two Teachers Ace Their Upsizing Test

HomeLight

Finding a new home felt more like a pipe dream than a realistic proposition for the Castros. When they purchased their first home 15 years ago, the couple — both teachers — were newly married and just starting to establish roots. Over the years, as their family of two grew to a family of five, it became clear that everyone could use more space. But it was never going to be a simple matter of selling one home to buy another, especially in today’s real estate market.

Closing 85
article thumbnail

Rise to the Next Level with Expansion Teams

RIS Media

Are you currently leading a real estate team? Do you have your business “figured out,” or are you ready to rise to the next level? One option to increase your profitability and develop a stronger real estate business is to expand beyond your local market. Welcome, my friend, to expansion teams. Those who have systems and processes in place are leveling up their business by expanding.

Lending 97
article thumbnail

Ukraine conflict unlikely to directly impact US housing market: NAR

Real Trends

Nearly two weeks after Russian troops crossed the border into Ukraine, U.S. consumers are getting hit with surging energy prices, on top of already painful inflation. Gasoline prices in the U.S. rose to $4.06 a gallon on Monday, close to the record high of $4.11 reached during the height of the financial crisis in July of 2008. Politicians have called for boycotts of Russian oil, and some have even called for seizure of American real estate owned by Russian oligarchs.

article thumbnail

U.S. Mortgage Delinquency Rate Fell to New Low in December 2021

RIS Media

For the month of December, 3.4% of all mortgages in the U.S. were in some stage of delinquency, the lowest recorded overall delinquency rate in the U.S. since at least January 1999, according to CoreLogic’s monthly Loan Performance Insights Report for December 2021, released this week. This number of delinquencies (defined as 30 days or more past due, including those in foreclosure), represents a 2.4 percentage point decrease compared to December 2020, when it was 5.8%, CoreLogic reports.

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

Saskatchewan Realtors Association’s amalgamation journey

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Saskatchewan Realtors Association’s amalgamation journey. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. “Amalgamation seems like a huge hill to climb, but once you get there, it’s worth it,” says Sheri Willick, the Saskatchewan Realtors Association’s 2021 board chair.

83
article thumbnail

Why a House Listed as ‘For Sale by Owner’ May Be Overpriced

RIS Media

Sometimes a seller who wants to save money lists a house as “for sale by owner,” or FSBO. That means the owner decided to sell the home without the assistance of a real estate agent in order to avoid paying a commission. If you see a house listed as FSBO, it may be worth considering, but you should be aware that the list price may be higher than the home’s market value.

Sales 96
article thumbnail

First-Time Renter or Buyer? Here’s What White Glove Service Looks Like for Home Insurance

Brownstoner

Renting or buying a home for the first time? When it comes to apartment insurance, Gotham offers a personal touch. Here's how: 1. Gotham has real New York-experienced insurance professionals answering the phones and responding to emails — no bots, no endless loops. 2. Gotham doesn't take shortcuts. They arrive at coverage… Read More > The post First-Time Renter or Buyer?

article thumbnail

American Land Title Association Creates Diversity, Equity and Inclusion Advisory Council

RIS Media

The American Land Title Association (ALTA) Board of Governors approved the creation of a Diversity, Equity & Inclusion (DEI) Advisory Council, composed of ALTA members who have been critical in developing initiatives at their organizations, the organization recently announced. Several of ALTA’s engagement groups already work on various DEI initiatives, including the DEI Subcommittee of the Talent Committee, the DEI Subcommittee of the Membership Committee and the Discriminatory Covenants Wor

Title 93
article thumbnail

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.