Housing Wire

MARCH 21, 2022

Tomo , a fintech startup focused on the purchase mortgage sector, announced raising a $40 million Series A led by SVB Capital , according to a press release shared with FinLedger. The fundraise more than doubles Tomo’s valuation to $640 million. It included participation from existing investors Ribbit Capital , NFX and Zigg Capital. New investors Telesoft Partners and proptech VC Parker89 also participated in the round, which brings Tomo’s total funding raised to date to $110 million

Investor 382

Investor Mortgages Loans Residential 382

Keeping Current Matters

MARCH 21, 2022

If you’re a current homeowner, you should know your net worth just got a big boost.

Equity 244

Equity Marketing 244

Housing Wire

MARCH 21, 2022

Servicers’ forbearance portfolio volume dropped in February for the 21st-consecutive month, with more borrowers current on their mortgage payments due to improvements in the economy and viable loss mitigation options. The total number of loans in forbearance decreased by 12 basis points, from 1.30% in January to 1.18% in February, according to the Mortgage Bankers Association (MBA).

Loans 370

Loans Staging Equity Mortgages 370

Eye on Housing

MARCH 21, 2022

NAHB analysis of the Census Bureau’s quarterly tax data shows that $672.5 billion in taxes were paid by property owners in the four quarters ending Q4 2021 (not seasonally adjusted), a 1.0% quarterly increase.[1] Four-quarter property tax revenues declined 0.6% in Q3 2021, the second such decrease since 2012. Property taxes accounted for 36.2% of state and local tax receipts, a 0.8.

Sales 112

Sales 112

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Agents

Housing Wire

MARCH 21, 2022

Freddie Mac today named Wendell Chambliss, its top counsel for affordable housing goals, as chief diversity and inclusion officer. Chambliss will assume the role April 11. Chambliss will take over for Dionne Wallace Oakley, who has been balancing the diversity and inclusion role as well as her duties as chief human resources officer since August 2021.

Lending 370

Lending Equity Loans Finance 370

Sotheby's International Real Estate

MARCH 21, 2022

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Colombo, Sri Lanka | Sri Lanka Sotheby’s International Realty. Located on the coast of Colombo, Sri Lanka, Sapphire Residences is a new luxury development in the heart of the capital city with panoramic views of the Indian Ocean on one side and Beira Lake on the other.

Development 108

Development Construction 108

The Mortgage Report

MARCH 21, 2022

This beginner's guide to investing in real estate explains six ways new real estate investors can get into the market and grow their wealth.

Investor 119

Investor Marketing 119

Housing Wire

MARCH 21, 2022

Most title business owners dream of the day they can sell the firm they’ve built for the maximum multiple. Others look forward to building their brands with strategic acquisitions when the timing is right. Here are some tips and pointers on crossing that finish line with maximum results. Although it might be their dream to sell, title business owners cashing in on the decades of blood, sweat and tears they spent building their businesses often face challenges.

Title 370

Title Due diligence Equity Branding 370

BubbleInfo

MARCH 21, 2022

Numerically, the inventory isn’t getting any better yet: NSDCC New Listings between March 1-15: 2018: 228 2019: 277 2020: 221 2021: 199 2022: 120 There will be a few more added to this year’s total but the homedemic continues – without additional inventory, the market will struggle to pick up momentum. The intensity of the […].

Marketing 103

Marketing 103

Housing Wire

MARCH 21, 2022

Most real estate professionals understand that the Real Estate Settlement and Procedures Act (RESPA) was created keeping customers in mind. The Consumer Financial Protection Bureau (CFPB) is in charge of enforcing RESPA, preventing bribes, limiting the usage of escrow accounts, and removing abusive activities in the real estate settlement process. RESPA has strict rules for real estate and mortgage professionals regarding kickbacks, referrals, and unnecessary fees.

Agents 369

Agents VA loan Land Construction 369

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Loans

Maximum Exposure Real Estate

MARCH 21, 2022

Have you heard the real estate term “CMA” and wondered what it was? It’s an abbreviation for comparative market analysis. If you are selling your home, deciding how much to ask can be difficult. Likewise, choosing how much to offer for the home is crucial when you are buying. Whichever side of the real estate […]. The post Comparative Market Analysis: The CMA in Real Estate Explained appeared first on Maximum Real Estate Exposure.

Marketing 103

Marketing 103

RIS Media

MARCH 21, 2022

Last week, my company held “Leverage,” our annual conference for real estate teams. Perhaps you were there. As always, I had a fantastic time! We got to hear from some of the best speakers in the business, and it’s always so inspiring for me to meet and mingle with team leaders from around the country as they share their experience and knowledge. If you’ve ever put on a major event, you know how much work goes on behind the scenes to make it possible.

Development 98

Development Staging As-is Industrial 98

Hank Miller Team

MARCH 21, 2022

It’s hard to find a housing market not presently on fire, Atlanta is no different. Compared to a decade ago and the worst housing crisis ever, this market turn around improvement is among the tops in the country. The 2022 market could not be more different than the 2010-12 market.over 100K homes were on the market during the darkest days. The Atlanta real estate market explosion is due in large part to its broad appeal, size and vast selection of properties.

Marketing 98

Marketing Investor Sales As-is 98

RIS Media

MARCH 21, 2022

The new year is in high gear, and your prospecting should be as well. While we hear almost weekly how many agents are fearful of prospecting, the truth is that it’s the heart of what keeps your business in business. That said, let’s tackle one aspect of prospecting that can stop agents in their tracks: prejudging leads. We see it all the time.

Agents 98

Agents As-is Marketing Industrial 98

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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.

Sales

Brownstoner

MARCH 21, 2022

In Boerum Hill, this brick two-family still has some intact interior details that give some clues to the date of the row house, including Greek Revival-style ear moldings and Italianate marble mantels. The house, at 267 Warren Street, has also had some renovations, including updated wet rooms in the owner’s… Read More > The post Boerum Hill Row House With Wood Burning Fireplace, Pierced Plasterwork Asks $4.75 Million appeared first on Brownstoner.

Renovation 105

Renovation Marketing 105

RIS Media

MARCH 21, 2022

Sam Banning. Broker/Owner. HomeSmart Preferred Realty. Pueblo, Colorado | www.southcoloradohomes.com. Region served: Southern Colorado. Years in real estate: 22. Number of offices: 3, with a 4th opening soon. Number of agents: 115. Favorite part of your job: Seeing the enthusiasm and drive new agents possess after getting their first sale, contract or listing.

Agents 98

Agents Short sale Brokerage Sales 98

The Mortgage Report

MARCH 21, 2022

Today’s mortgage and refinance rates Average mortgage rates edged lower last Friday. But, unfortunately, the decrease was too slight to make much difference to borrowers. And March continues to be […].

Mortgages 91

Mortgages 91

RIS Media

MARCH 21, 2022

The more than $2.2 trillion in collective 2021 sales volume reported by the Top 1,000 respondents to RISMedia’s 34th Annual Power Broker Survey is truly historic. Yet it doesn’t tell the complete tale of last year’s residential real estate market. The missing piece? Compass. While recent industry media coverage has declared Compass “the largest brokerage firm in the United States” in terms of closed sales volume for 2021, RISMedia uncovered that the firm’s reported sales data is imprecise for th

Commercial 98

Commercial Residential Brokerage Sales 98

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.

Agents

Brownstoner

MARCH 21, 2022

In the News Mortgage Rates Hit 4 Percent for the First Time in Three Years [NYT] EPA Adds Greenpoint's Meeker Avenue Plume to Superfund List [Eagle] Fighting Food Insecurity at a Bushwick School [BK Reader] Greenpoint Church Raising Money to Fix Walk-in Fridge [Greenpointers] Word Bookstore Celebrates 15 Years in Greenpoint [Greenpointers] DOT to Install 500… Read More > The post Daily Links: EPA Makes Greenpoint’s Vaporous Meeker Avenue Plume a Superfund Site appeared first on B

Mortgages 98

Mortgages 98

RIS Media

MARCH 21, 2022

Though estimates are constantly in flux, the latest data indicates there are more than 575,000 people in the U.S. who are experiencing homelessness. To put that in perspective, that’s larger than the total populations of many major cities, including Atlanta, Georgia, Miami, Florida and Sacramento, California. But where are these homeless people located?

As-is 98

As-is Marketing Industrial Agents 98

Realty Biz

MARCH 21, 2022

Founded in 1855, Savills is a global real estate services provider with a network of more than 39,000 people in over 600 offices spread throughout the Americas, Africa, Asia Pacific, Europe, and the Middle East. Headquartered in London, Savills advises corporate, institutional, and private clients wanting to buy, lease, develop, or invest in the value of residential and commercial property in the world’s key markets.

Commercial 85

Commercial Residential Equity Development 85

RIS Media

MARCH 21, 2022

While Hispanic Americans have historically underrepresented as homeowners, progress is being made toward closing the gap, according to data from a new survey released last week by realtor.com ® in conjunction with The National Association for Hispanic Real Estate Professionals (NAHREP). Survey results found that 58% of Hispanic American home shoppers are looking to buy their first home.

Closing 98

Closing Development As-is Marketing 98

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.

Agents

Realty Biz

MARCH 21, 2022

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 Marie in Boston : Hello Brian. Three weeks ago, my full price offer on a 22-year-old house was accepted with a contingency for a home inspection.

Inspection 84

Inspection Purchase and sale agreement Sales Closing 84

RIS Media

MARCH 21, 2022

McKissock Learning is back with an all-new guide stuffed with the latest income statistics from licensed real estate professionals across the United States. In November of 2021, we reached out to thousands of licensed real estate agents and brokers to better understand the tactics and strategies used to increase their earning potential. Having almost doubled the number of responses from last year at just under 9,000 participants, this year’s guide casts a more accurate picture of what real estat

Brokerage 98

Brokerage Agents Staging Branding 98

App Folio

MARCH 21, 2022

Effective brand marketing has never been more critical for property management companies as they compete in one of the most.

Property Management 105

Property Management Marketing Branding 105

RIS Media

MARCH 21, 2022

Berkshire Hathaway HomeServices Fox & Roach’s CEO Larry Flick, V, has announced the company has been named the number one firm in the Berkshire Hathaway HomeServices national network for the seventh year in a row. The company was recognized during special awards ceremonies at the Berkshire Hathaway HomeServices sales convention in Louisville, Kentucky last week.

Agents 98

Agents Sales Industrial 98

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Agents

Realty Biz

MARCH 21, 2022

ERA ® Real Estate , a global franchising leader within the Realogy family of brands, has named ERA Team VP Real Estate based in Chautauqua, N.Y., as the winner of its Gene Francis Memorial Award for Top All-Around 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.

Branding 79

Branding Residential Agents Technology 79

RIS Media

MARCH 21, 2022

Corcoran Global Living has announced the launch of its education department. Members include Susan Wigler, Carol Prigan and Mikki Cardoza. Susan Wigler and Carol Prigan have partnered for several years on executive coaching, training, leadership development, management consulting, live events, public speaking, team building, corporate training and educational consulting, the company stated.

Brokerage 98

Brokerage Agents Development Industrial 98

Realty Biz

MARCH 21, 2022

Better Homes and Gardens Real Estate LLC is thinking spring – spring selling season that is. A recent roundtable discussion with several Better Homes and Gardens Real Estate brokers across the country revealed that historic seasonality patterns have been affected by today’s market conditions. Most notably, record low inventory levels could provide to have an impact on this year’s spring selling season.

Principal 79

Principal Branding Inspection As-is 79

RIS Media

MARCH 21, 2022

The National Association of Hispanic Real Estate Professionals (NAHREP) has announced that Luis Padilla was installed as the organization’s 2022 president and Nuria Rivera was installed as 2022 president-elect at the 2022 National Convention and Housing Policy Summit held recently. Padilla is the CEO of The Padilla Team at RE/MAX Advance Realty. He has served on the NAHREP National Board of Directors, sits on the NAHREP 10 Certified Trainer approval committee and was the 2015 president of NAHREP

Title 97

Title Industrial Agents As-is 97

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.

Sales