Mon.Feb 22, 2021

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Rocket Homes could be real estate’s sleeping giant

Housing Wire

During breaks in nearly every televised basketball game, it’s there: Tracy Morgan imploring pensive homebuyers “pretty sure” is not enough, and that they can only be certain about their giant life choice with Rocket Mortgage. “Find the right mortgage with a local broker and Rocket technology,” intoned the narrator on the commercials, which premiered during the Super Bowl.

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Where Have All the Houses Gone?

Keeping Current Matters

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage rates and purchase a home, housing inventory dropped even further.

Sales 338
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Josh Team out as Keller Williams president

Housing Wire

Josh Team is out as president of Keller Williams , a few months after what appeared to be a promotion. Team wrote on his personal Facebook page Monday that, “I’ve decided to move on to my next opportunity from Keller Williams. In conversations with Gary, Carl, and the team we all mutually agreed to a plan where I’ll be helping in the transition over the next couple of weeks.”.

Brokerage 430
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Top Challenges for Builders: Building Materials Prices in 2020 & 2021

Eye on Housing

Building materials prices topped the list of problems builders faced in 2020 and is expected to return to the number one spot in 2021, according to special questions on the December 2020 survey for the NAHB/Wells Fargo Housing Market Index. The survey results showed that building materials was a significant issue for 96% of builders last year.

Marketing 132
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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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What Compass is doing in Rhode Island

Housing Wire

Compass wants to make a big splash in the nation’s smallest state, and it’s fueling intrigue and apprehension in a close-knit brokerage ecosystem. The New York City-based company announced in January they acquired Lila Delman Real Estate , a Newport, Rhode Island-based brokerage that has been around since 1964 specializing in the grand mansions that dot the state’s seashore.

Brokerage 430

More Trending

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SitusAMC acquires Street Resource Group

Housing Wire

SitusAMC , the New York-based real estate services and technology company that’s been on an acquisitions tear over the last year, has another feather in its cap: it has acquired warehouse loan software provider Street Resource Group. With the deal, SitusAMC now has two of the top warehouse loan software systems on the market, SRG’s Warehouse Loan System (WLS) and SitusAMC’s own offering, ProMerit, which it acquired in 2019 as part of the MBMS transaction.

Lending 370
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Significant Sales | January 2021 Highlights

Sotheby's International Real Estate

From the sale of the highest-priced condo in the history of Quebec, to that of a Hawaiian escape, highlighted here are 5 Significant Sales from January 2021 represented by the Sotheby’s International Realty® global network. Montreal, Quebec. Price Undisclosed | Liza Kaufman, Sotheby’s International Realty Quebec. La Jolla, California. Sold for $20,000,000 | Brett Dickinson, Pacific Sotheby’s International Realty .

Sales 132
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First American’s Odeta Kushi to speak at Spring Summit

Housing Wire

First American Financial Corporation’ s Deputy Chief Economist Odeta Kushi will discuss the economic forecast for the rest of this year at HousingWire’s Spring Summit on March 4. An expert in her field, Kushi conducts research around demographic trends, Millennials and homeownership, monitoring and analyzing economic data related to the housing industry.

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Rebound for Townhouse Construction

Eye on Housing

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction expanded to a 2.5 year high during the final quarter of 2020. As housing demand has shifted to more suburban and exurban areas and housing affordability headwinds persist, medium-density construction initially lagged. However, a strong final quarter led to roughly flat.

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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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How lenders will benefit from Proctor Financial’s acquisition of Loan Protector

Housing Wire

As a result of Loan Protector’s recent acquisition by Proctor Financia l, Proctor Loan Protector is now the largest managing general agency (MGA) in the market, meaning it is neither owned by nor confined to a single insurance carrier. This benefits the company’s clients in multiple ways. Proctor Loan Protector is able to shop rates among its carrier partners to find the best rates for clients and their borrowers.

Loans 241
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4 Reasons Why a Pergola Will Boost Your Backyard’s Appeal

Realtor.com

Johner Images/Getty Images For homeowners who have been cooped up inside for months, outdoors is the new indoors. Whether you’re gearing up for spring or you’re lucky enough to live in the small section of the country that hasn’t been experiencing freezing temperatures lately, this is a great time to think about maximizing your outdoor space—and one of the best ways of doing that is to install a pergola.

Design 124
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A Decade in Housing Unaffordability: Mortgage Burden Worsens in 51 of 100 Largest U.S. Cities

Point2Homes

Despite mortgage rates reaching historic lows, mortgage affordability continues to erode in the country’s largest and most in-demand cities. In a year as volatile and uncertain as 2020, the effect of lower mortgage rates was muted by soaring home prices , increasing demand and tight supply. In fact, the share of income needed to afford housing continues to increase and monthly mortgage payments are becoming a financial burden in more cities across the nation.

Mortgages 117
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These 10 Lovely Log Cabins Are Perfect Places To Get Cozy This Winter

Realtor.com

realtor.com As we slog through this uniquely horrible winter, let’s turn our attention to cozy and warm thoughts. In terms of real estate, that means log cabins. These rustic structures are the favorite comfy sweaters of the housing world, and we’d like to slide right into each one of the 10 below. We scoped out listings from coast to coast to round up these lovely log cabins, where it’s always a great time to snuggle in front of the fireplace.

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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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NLP in Real Estate: The Art of Persuasion Through Better Communication

HomeLight

Communication is at the heart of real estate success. Marketing, sales, negotiation — it all relies on great communication skills. Neuro-linguistic programming (NLP) offers real estate agents a way to communicate more effectively by building rapport, being a better listener, and using non-verbal cues. This week on The Walkthrough, Jesse Zagorsky shares a handful of specific NLP sales techniques that you can use to be a better communicator and make deeper connections with your clients.

Agents 117
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6 Ways To Insulate Your Drafty Windows (When New Ones Aren’t in the Budget)

Realtor.com

galitskaya/Getty Images Stop us if this sounds familiar: Your thermostat is hiked up to 74 degrees, you’re covered in blankets, you’ve donned your fuzziest socks—and your house still feels cold. The likely culprit: Drafty windows. Whether they’re old as dirt or just not energy-efficient, windows that let in cold air not only bring down your home’s temperature but also raise your heating bills because your furnace is working overtime.

As-is 119
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The 8 best USDA lenders for 2021

The Mortgage Report

Compare the best USDA lenders to get a great deal on your home loan. USDA loans require zero down payment and have below-market interest rates.

Loans 116
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Should You Insulate the Interior or Exterior of Your Home?

Point2Homes

Image: c12 / Shutterstock.com. Making sure that your house is properly insulated can significantly reduce your monthly bills, as well as increase the thermal comfort in your home. But how do you decide which side of the walls to insulate? Read on to find out which are the cases in which interior or exterior insulation is the best choice for your home.

Design 116
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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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Bully Bedlam!

Toronto Realty Blog

TorontoRealtyBlog. Have you ever called somebody, and upon them answering the phone, you start talking and just go, go, go, until suddenly, they interject and say, “Sorry, I”m on the other line, can I call you back?” How embarrassing! Right? Had you known they were waiting to cut you loose, you wouldn’t have rambled on and on!

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Shipping Container Homes: What to Know Including Costs and Design

Maximum Exposure Real Estate

The Guide to Shipping Container Homes Are you considering a shipping container home? Shipping containers are used to transport goods worldwide, and they are strong enough to withstand being moved on ships and trucks. But do they also make good homes? With a lot of used shipping containers available, they present an opportunity to create […]. The post Shipping Container Homes: What to Know Including Costs and Design appeared first on Massachusetts Real Estate Exposure.

Design 113
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Events This Week At The Lighthouse

Waterfront Properties

During the week, the Jupiter Inlet Lighthouse and Museum hosts events and tours. The iconic lighthouse and the lighthouse grounds is one of Jupiter’s favorite spots to visit for locals and visitors. This week, the lighthouse is hosting two reoccurring and popular events. Lighthouse Events This Week: Twilight Yoga at the Light: Monday, February 22nd Every Monday night join Yoga instructor Mary Veal on the Lighthouse Deck for a sunset Yoga session.

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Canadian HELOC Balances Made The Biggest December Drop Since 1992

Better Dwelling

Canadians made an unexpected move to deleverage a little of their HELOC debt. Bank of Canada (BoC) data shows HELOC debt fell in December. The decline was unusually strong for the month, at a rate not seen in decades. The drop wasn’t enough to bring the trend negative, however growth is negative in real terms. […]. The post Canadian HELOC Balances Made The Biggest December Drop Since 1992 appeared first on Better Dwelling.

Banks 108
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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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What You Need to Know About Getting a COVID-19 Vaccine Appointment in Brooklyn

Brownstoner

The vaccine rollout in New York has been marked with shortages and confusion, with those eligible finding the process of securing an appointment for the life-saving jab onerous and time-consuming. Earlier this week, New York State made official the most sweeping expansion of eligibility for the vaccine since the first immunization… Read More > The post What You Need to Know About Getting a COVID-19 Vaccine Appointment in Brooklyn appeared first on Brownstoner.

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Mortgage and refinance rates today, February 22, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged up again last Friday. That was disappointing after Thursday’s small fall. But hardly a surprise, given the sharp rises earlier in […].

Mortgages 105
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$16.9M French Provincial Mansion Near NOLA Is Louisiana’s Most Expensive Home

Realtor.com

Nola Real Estate Marketing and Photography Now on the market for $16,895,000, a mansion built to the most exacting specifications has achieved the distinction of being Louisiana’s most expensive home. Owned by Shane Guidry , CEO of Harvey Gulf International Marine, and his wife, Holly , the house on Northline Street in Metairie, LA, just outside New Orleans , is a 15,230-square-foot French Provincial masterpiece.

Design 100
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What is IDX and how does it get you more leads?

Easy Agent Pro

If you’re struggling with understanding IDX, you aren’t alone. For many, learning how to set up IDX on websites, understand IDX website cost or know the difference between IDX vs RETS can feel like a lesson you simply don’t have time for. Maybe you’re a busy agent who just doesn’t understand the features of a great IDX website.

MLS 100
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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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Setting a Foundation for Your Success as a New Agent

RIS Media

Real estate is the greatest business in the world, but it’s not always easy. It can be tough to get started. There’s a high turnover rate and it takes an enormous amount of commitment to succeed. As a new agent, your first 100 days in the industry are when you must establish the solid foundations for a strong, long-lasting business. Here are the top foundational elements new real estate agents must build to kickstart a career and achieve lasting success.

Agents 99
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Single-Family With Tiny Door on Carroll Gardens’ Quirky Dennett Place Asks $2.05 Million

Brownstoner

Known for their picturesque tiny doors, houses on Carroll Gardens' Dennett Place don't pop up for sale all that frequently. The block-long street of houses likely dates to the mid-19th century, including this single-family at 3 Dennett Place, which may not be filled with original details but does offer up… Read More > The post Single-Family With Tiny Door on Carroll Gardens’ Quirky Dennett Place Asks $2.05 Million appeared first on Brownstoner.

Sales 98
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Using Videos to Be Memorable and Gain More Clients

RIS Media

Three Aspects of Video Communication to Achieve Maximum Impact. Have you ever noticed that people quote movies a lot more than they quote books? The reason is simple: Adding a face and a voice to a message makes it exponentially more impactful than relying on words alone. This is meaningful to real estate because, as part of your prospecting and client marketing efforts, you should be incorporating video communications to make yourself more memorable and maximize client acquisition and conversio

MLS 98