Fri.Apr 29, 2022

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Redfin settles Fair Housing Act lawsuit

Housing Wire

Redfin must revamp its business – including eliminating a minimum home price for service – in order to serve more non-white homebuyers. That was but one prong of a multifaceted agreement that Redfin and 10 different fair housing advocacy groups filed at a Seattle federal courthouse Friday. The deal probably ends a lawsuit that the National Fair Housing Alliance and like-minded groups filed 18 months ago accusing the brokerage and popular real estate listings website of offering services in predo

Brokerage 397
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Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house ready to sell, lean on your agent for advice to make sure your house shows well and catches the eyes of more potential buyers.

Agents 249
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Homepoint exits correspondent following deal with Planet Home Lending

Housing Wire

Connecticut-based mortgage servicer and lender Planet Home Lending has entered into an agreement to acquire assets from Homepoint ‘s delegated correspondent channel for $2.5 million in cash, the companies announced on Friday. The move signals Homepoint’s exit from the correspondent channel to focus on wholesale. Homepoint was the 11th biggest residential mortgage lender in the country last year, originating $96 billion in residential mortgages, up 55.2% year-over-year.

Lending 397
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How To Get Your House Ready To Sell Checklist: Inside And Out

HomeLight

When it comes to getting your house ready to sell, Maryland real estate agent Bob Lucido likens it to putting yourself on a dating site. “We want people to fall in love with the house and that starts from the outside, every component,” says Lucido. “First impressions make a ton of impact to a potential buyer, so what we do is critique the exterior thoroughly but don’t overdo it.”.

Staging 128
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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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Here’s an inside look at local housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Some might call Conway, Arkansas, a bedroom community of Little Rock — the state’s capital.

Marketing 397
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7 Things That Make a House Hard to Sell (And What to Do About Them)

HomeLight

What makes a house hard to sell? Whether you’re selling your primary residence, listing a relative’s old home, or cashing out an investment property, you may find that qualities in your property make it difficult to offload. As a result, your home may languish even in a seller’s market, waiting for offers that never seem to come. What are the most common factors that can make a house hard to sell ?

Staging 126

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Coldwell Banker Ranked Higher Than Any Other Brand In Agent Satisfaction

Coldwell Banker

Annual Report Reveals Agent Sentiment & Ranks Their Priorities. The post Coldwell Banker Ranked Higher Than Any Other Brand In Agent Satisfaction appeared first on Coldwell Banker Blue Matter.

Branding 122
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Refinance volume has “dried up,” Old Republic says

Housing Wire

While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp. ’s president and CEO, Craig Smiddy decided to take a bolder stance. “I think the way we are looking at refinancing activity right now, is that it is dried up and we don’t expect that to rebound,” Smiddy said on the call.

Title 370
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March Gains in Personal Income

Eye on Housing

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.5% in March after a 0.7% gain in February. Gains in personal income are largely driven by increases in compensation of employees. However, it was 11.6% lower than a year ago when US government implemented stimulus packages to cope with COVID-19 crisis.

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Opinion: the beginning of the mortgage ice age

Housing Wire

Planet Earth has has gone from a ball of molten rock to ice, and then, to the climate we have today. Just like Earth, mortgage rates and housing markets are cyclic and we’re heading into another Ice Age. Find me a sales meeting in the U.S. that didn’t talk about the cycle. There is a broker in charge talking about the spring buying season and an elder mortgage sales manager talking about some interest-only (IO) loan or ARM from 1990 that was 8%.

Mortgages 370
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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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10 of the Cheapest Places to Live in Colorado

HomeLight

When it comes to year-round, seasonal sports and outdoor activities, there are few places that can beat Colorado. From world-class ski resorts to scenic trail runs, the state is known for its active lifestyle — attracting residents who want to spend more time exploring the great outdoors. The growing population of Colorado has contributed to the increase in housing costs over the last few years, with the median price of a single-family home rising by almost a third.

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Total Expert team members give back after Hurricane Ida

Housing Wire

Total Expert team members took a trip to Louisiana earlier this year to help the New Orleans Area Habitat for Humanity organization. In partnership with the nonprofit , the team was able to rebuild a home that was destroyed by Hurricane Ida, a Category 4 Atlantic hurricane that made landfall in Louisiana at the end of August last year. “It’s pretty incredible what you can accomplish when a team of people band together,” said Corinne Seltz, leadership and development manager at Total Expert.

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9 of the Cheapest Places to Live in California

HomeLight

It’s no secret that living in California can be pricey. In fact, a recent study found the Golden State was the second most expensive state to live in the U.S. The primary driver of that statistic is high home prices, which hit an average of $771,270 in February 2022. If that figure is out of reach for you, then you aren’t alone — only 25 percent of households in California could afford to purchase a home in that price range in the fourth quarter of 2021.

Agents 115
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Luxury Real Estate Headlines: Final Week in April 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Okatie, South Carolina | Jack Huguley, Daniel Ravenel Sotheby’s International Realty . A sprawling southern estate on a private South Carolina island has come on the market for $10 million. Private Island Retreat in South Carolina Lists for $10 Million – Mansion Global.

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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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What Does a Real Estate Agent Do? An In-Depth Look

HomeLight

Whether you’re buying or selling a home, chances are you’ll be working with a real estate agent. Only 7% of homeowners end up selling without a real estate agent’s help, according to the National Association of REALTORS® (NAR), and a big reason is the value added by the many things real estate agents do for their clients. Why are real estate agents so valuable?

Agents 111
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10 Effective Real Estate Email Marketing Tips

Lighter Side of Real Estate

There are tons of ways and places to market yourself as a real estate agent, but email marketing has to be one of the best for a bunch of reasons: It doesn’t cost much and can even be done for free. Who doesn’t use email?! Everyone has an email address; you just have to get your hands on it. You have more control of them seeing it. You never know if someone will be served your post or ad on social media.

Marketing 107
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9 Alternatives to Zillow When Buying or Selling a Home

HomeLight

If you’ve ever been involved in a conversation about home prices and real estate, chances are, you’ve heard of Zillow. Much like other online platforms created in the late 1990s and early 2000s — think Amazon which primarily sold books and Facebook which was only available to college students — what began as a specialized site has grown into something much larger that now includes home loans, closing services, and Zillow Premier Agents.

Agents 111
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PODS Names Sarasota Top Location for Moves in United States

Dwell Real Estate

National moving company PODS has put Sarasota at the top of its rating of the country's most desirable locations. Sarasota had the highest ratio of move-ins verses move-outs of PODS customers from January 2021 to March 2022, beating out Dallas-Fort Worth, Nashville and Tampa, according to a news release on the PODS data. "Sarasota, Florida, saw the highest number of move-ins during 2021 and, so far, in 2022.

Marketing 105
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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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Best Facebook Groups for Real Estate Appraisers

McKissock

Engaging in online forums and social media groups for real estate appraisers can be a great way to keep up-to-date on industry news , ask questions, connect with other appraisers, and even get referrals. But with so many options out there, it may be difficult to determine which groups are worth joining. To help you narrow it down, we asked our appraisal community, “What’s the best Facebook Group for real estate appraisers?

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Mortgage and refinance rates today, April 29, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday, bouncing back toward their highest level since 2009. Don’t believe Freddie Mac’s claim that mortgage rates inched lower over […].

Mortgages 105
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Tenants of Greenbrook Partner Properties Organize Against Rent Hikes

Brownstoner

The tenants of buildings scooped up by a private equity-backed landlord that subsequently jacked up rents are organizing to prevent any further displacement among their renters, and are hoping to get a major bill passed in Albany to prevent similar property owners from doing the same to others. Greenbrook Partners has… Read More > The post Tenants of Greenbrook Partner Properties Organize Against Rent Hikes appeared first on Brownstoner.

Equity 105
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Atlanta Resident Motivations 2022 (Infographic)

App Folio

The Atlanta metro multifamily rental market has experienced an incredible amount of change over the last two years, and so.

Marketing 105
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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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Do I Have to Sell My House in a Divorce? See 4 Options

HomeLight

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of keeping your home in a divorce, HomeLight always encourages you to reach out to your own advisor. For married couples, buying a home together is an act of optimism and agreement. But, if things don’t work out, the couple’s largest asset can become a major source of angst and contention in a divorce.

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Experts Say Elevated Gas Prices Pose Additional Burden on Buyer Preferences

RIS Media

As rising inflation continues to send ripples throughout the U.S. economy, consumers nationwide are left shouldering the additional cost of goods and services, which have strained their monthly budgets. This has been particularly evident at the gas pump as the cost of a fill-up has surged in recent months. The price of gasoline and energy was one of the most significant factors that drove inflation to levels not seen since December 1981.

Finance 98
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How Does Offerpad Work? iBuyer Company Overview

HomeLight

Disclaimer: iBuyer company program details can frequently change. HomeLight always advises that you check a company’s website for the most up-to-date information. If you’re planning to sell your home in 2022, you may be weighing the possibility of working with an iBuyer such as Offerpad and be curious to learn more about this option. So how does Offerpad work?

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A Beverly Square West Standalone and Three More to See This Weekend, Starting at $1.389 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Beverly Square West, Sunset Park, Kensington and East Flatbush. They range in price from $1.389 million to $2.895 million. In Beverly Square West -- the Victorian Flatbush neighborhood between Prospect Park South and Ditmas Park -- an early… Read More > The post A Beverly Square West Standalone and Three More to See This Weekend, Starting at $1.389 Million appeared first on Brownstoner.

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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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The Great Resignation Isn’t a Threat for Top Real Estate Brands

RIS Media

In a time when the Great Resignation has posed a threat to many American workplaces, and competition for exceptional agent talent is substantial, the real estate industry may not be experiencing an exodus of current sales agents, according to Coldwell Banker Real Estate’s , annual agent priorities report. The report, conducted by Quester among agents and brokers across top national real estate brands, aims to keep a finger on the pulse of what real estate professionals value in their careers.

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Daily Links: Tenants Are on the Move as NYC Rents Continue to Rise

Brownstoner

In the News How to Get Covid Treatments in New York City [NYT] At a Bed Stuy Brownstone, an Easter Dinner That Bucked Tradition [NYT] Romantic NYC Brownstone From ‘Moonstruck’ Sells With $11 Million Ask [NYP] City Council Bill Seeks to Reopen More Public Bathrooms Across NYC [AmNY] Industry City Brings Freelancers Union to Brooklyn… Read More > The post Daily Links: Tenants Are on the Move as NYC Rents Continue to Rise appeared first on Brownstoner.

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Don’t Be That Person With Email Marketing

RIS Media

Good agents know that it’s essential to connect with their audience, keep them engaged, and provide helpful content that resonates. Great agents actively nurture their sphere of influence through email marketing. There are definite dos and don’ts for email newsletters. It’s frustrating to put time and effort into an email blast that goes unopened. DO employ patience: According to current email marketing stats, bringing a client to a transaction takes between 7 and 13 touch-points.

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Friday Flash: The monster under the bed

1000Watt

There’s a lot not being said about the monster hiding under the industry’s bed right now. . Andrea Brambila at Inman is doing a great job reporting on the litigation and regulatory developments threatening to restructure real estate, but that’s not what I mean. . I mean that no big industry players are talking about this publicly. They can’t, really.

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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.