Tue.Mar 22, 2022

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What First-Time Home Buyers Really Want

Eye on Housing

Among first-time home buyers, a laundry room ranked as the most popular of the more than 200 home and community features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. The study is based on a nationwide survey of 3,247 recent and prospective home buyers, including 541 who bought, or were about to buy, their first.

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Profit margins are plunging for nonbanks

Housing Wire

Nonbanks and mortgage subsidiaries of chartered banks reported grim profitability figures in the fourth quarter of 2021, when costs reached a new high and margins fell to the lowest level since early 2019. And most industry observers think it will only get worse in the next few quarters. . Net gains in Q4 declined to $1,099 on each loan originated, compared to $2,594 in the previous quarter, according to a report published by the Mortgage Bankers Association (MBA) on Thursday.

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The Many Benefits of Homeownership

Keeping Current Matters

The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide.

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Maxwell adds Amy Brandt to board of directors

Housing Wire

Digital mortgage platform Maxwell has brought on Amy Brandt to its board of directors to gain perspective on the challenges that lenders face and the gaps in the mortgage digitalization process. A veteran with two decades of experience in digital mortgage solutions, Brandt most recently served as president and CEO at First American Docutech. She is operating executive director at the private equity firm Serent Capital.

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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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3 Signs That You Should Keep Calm and Call on…Your Buyer’s Agent

Lighter Side of Real Estate

When you’re on the hunt for a house, you’re glued to the Internet, scrolling every listing site you can to make sure you aren’t missing anything. The Internet has certainly made it easier than it used to be to make sure you weren’t missing out on the house of your dreams. But you probably also keep your eyes peeled and ears perked for any word of a listing that may not have been listed on the MLS or any real estate site you browse.

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Baby Boomers Can Capitalize on the Aging-In-Place Trend

Lighter Side of Real Estate

Many people from the Boomer Generation (and even their parents from the Silent Generation) are still living in the homes they’ve owned for decades. Times have changed, and people are living longer, healthier lives which allow them to stay in their house many years beyond what was seen in previous generations. There’s often no need to move into a nursing or retirement home, or move in with family.

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How Does an Appraisal Gap Coverage Clause Work

Realty Biz

The Appraisal Gap Coverage Guarantee Explained. In the current real estate market, many property buyers choose to finance their purchases. This is due to the mortgage interest rates that are low and have been that way for quite a while. However, with the current market heavily favoring sellers, quite a few buyers who would otherwise be taking out a mortgage are paying cash.

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Sprawling Garden Co-op With Sunroom, Pond in Heights Manse on Promenade Asks $3.95 Million

Brownstoner

This three-bedroom apartment in a storied Brooklyn Heights mansion that starred in a 1970s campy occult thriller comes with a backyard with pond and a sunroom. The unit takes up much of the garden floor of 10 Montague Terrace. Perched on the corner of Remsen Street, right at the entrance… Read More > The post Sprawling Garden Co-op With Sunroom, Pond in Heights Manse on Promenade Asks $3.95 Million appeared first on Brownstoner.

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Compass #1 in San Diego in 2021

BubbleInfo

Compass has been in business locally for four years! Last year, we averaged 7.5 sales per agent. It’s remarkable how Compass and eXp came into a rather staid and unchallenged brokerage environment and hired away nearly 2,400 productive agents so quickly.

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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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CENTURY 21 ALLPOINTS EARNS TOP AWARD FROM REALOGY LEADS GROUP

Realty Biz

Century 21 AllPoints has been recognized by Realogy Leads Group as the distinctive winner of the Platinum Award for outstanding performance. The award will be celebrated at the annual Realogy Advantage Network LEAD 2022 conference, held this year in Florida April 4-6. Realogy Leads Group is a dedicated organization within Realogy Holdings Corp (NYSE: RLGY), the largest full-service residential real estate services company in the United States, focused on delivering high-quality, high-converting

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How HomeLight Trade-In Solved a Taxing Situation in Katy, Texas

HomeLight

With two college-aged children, homeowner Alice Coleman found herself on the brink of becoming an empty-nester in the spring of 2021. Suddenly, her 3,400 square-foot home in Katy, Texas, felt unnecessarily large. And she had the big property tax bills to match. “The taxes were steadily increasing, and that was expected,” says Coleman. “But I’m an educator so, you know, I’m not bringing in a whole lot of money.

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Bridging the Gap Between HOA Boards and Management Companies

App Folio

Board members are responsible for finding and partnering with an association management company that will best serve their needs and.

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Growth and Stability Drive the Best and Worst Housing Markets in 2022

RIS Media

Home values soared last year by an average of 17% and are continuing to rise this year. However, not all markets are created equally. A recent report by SmartAsset, shows that growth has not been consistent across the U.S. By looking at 400 metropolitan areas across the country and evaluating their growth and stability from 1997-2001, SmartAsset was able to determine the best and worst housing markets for growth and stability in the nation.

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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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Daily Links: Toxic Gowanus Canal Claims a Small Boat

Brownstoner

In the News Remote Appraisals of Homes Could Reduce Racial Bias [NYT] Small Boat Sinks into Toxic Gowanus Canal [amNY] Not All Have Open Arms for Lewis Avenue Open Street [BK Reader] Embroidery Studio to Bring 500 Jobs to Brooklyn Army Terminal [BP] Ocean Hill Studio Creates and Saves Stylish Signs of NYC [Pix11] Chinese Dry… Read More > The post Daily Links: Toxic Gowanus Canal Claims a Small Boat appeared first on Brownstoner.

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Mortgage and refinance rates today, March 22, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose unusually sharply yesterday. And they’re now at their highest in more than three years. If they carry on climbing at this […].

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Ding dong! Your doorbell camera must come down

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: Ding dong! Your doorbell camera must come down. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Following a break-in of her main floor unit through the patio doors, the unit owner installed a security camera on the exterior of the condo building.

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5 Tips for Appraising Green Homes

McKissock

Green homes require special consideration during the appraisal and appraisal report review processes, given that they are typically unique to a subject neighborhood. These appraisals take more time and effort, as well as a certain kind of knowledge and skill—which you can secure with McKissock’s Certified Green Home Appraiser program. Here are five tips for appraising green homes that you can use as guidance. 1.

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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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JPAR® – Real Estate enters Lubbock Texas Market

Realty Biz

THROUGH ACQUISITION OF JOHN WALTON REALTORS®. JPAR Real Estate, America’s #1 fastest-growing, full service 100% commission brokerage, today announced the acquisition of John Walton REALTORS® in Lubbock Texas. John Walton REALTORS® has been serving the Lubbock community for more than 45 years. With nearly 40 sales associates, they have a long standing legacy of serving the West Texas market that is consistent with the values of JPAR – Real Estate – integrity, productivity and servi

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Investment property loan guide: 2022 Guidelines and process

The Mortgage Report

All you need to know about investment property loans, including loan options, requirements, and interest rates.

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Sustainability Presents Myriad Opportunities

RIS Media

Research shows that consumers are increasingly interested in the green features of residential and commercial buildings. The National Association of REALTORS® (NAR) has responded to this consumer interest by creating a robust Sustainability Program that provides leadership and strategies for sustainability that benefit members, associations and communities.

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Brooklyn Real Estate Six Months Later: Three Sold, One Still Available

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Fort Greene, Bed Stuy, Park Slope and Boerum Hill. How did they fare? First, this Fort Greene one-bedroom duplex loft unit that once belonged to Brooklyn rapper Biggie Smalls is large, attractively… Read More > The post Brooklyn Real Estate Six Months Later: Three Sold, One Still Available appeared first on Brownstoner.

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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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How To Nurture Long-Term Real Estate Leads With Content Marketing

Lighter Side of Real Estate

It hits you like a ton of bricks the first time you hear it could take months (or even years ) for a real estate lead to turn into a client and a commission check. Apologies if this is the first time you’re hearing it, but it’s true. Don’t let it get to you just yet; by the end of this article you’ll see how it can actually be a good thing for you….

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ERA Team VP Real Estate Wins Gene Francis Memorial Award

RIS Media

ERA ® Real Estate has announced it has named Chautauqua, N.Y.-based ERA Team VP Real Estate as the winner of its Gene Francis Memorial Award for Top All-Around Company. According to the company, the award, named after ERA Real Estate co-founder Gene Francis, is the highest honor given to an ERA ® affiliated company and reflects the qualities most respected throughout the global ERA system and the real estate industry.

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Avoid the Biggest Mistakes First Time Buyers Make

Realty Biz

You’ve been daydreaming about buying your first home for many months – if not years. Now it is springtime, and your daydream has become a sunny summer afternoon watching the kids run through the sprinkler on your freshly mowed lawn. But there is also that pestering feeling of being a little overwhelmed with the big decisions you face about the biggest purchase you’ll ever make.

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MooveGuru Raises $5 Million in New Equity

RIS Media

Atlanta-based proptech company MooveGuru secured $5 million in equity in its latest round of funding from Victorum Capital and two other undisclosed parties. This means the company has now raised a total of $8.6 million, according to a release sent this week. MooveGuru and its brands YourHomeHub and HomeKeeper have expanded its network to more than 320,000 real estate agents, including signing exclusive deals with ERA Real Estate, Better Homes and Gardens® Real Estate, and others.

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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.