Housing Wire

APRIL 6, 2023

Mortgage rates fell again this week, but the primary cause was not the banking crisis fiasco. It was the expectation that the U.S. economy is slowing down. According to Freddie Mac ’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage declined to 6.28% as of April 4, down from 6.32% the previous week. The survey focuses on conventional and conforming loans for borrowers who put 20% down and have excellent credit.

Mortgages 488

Mortgages Fixed-rate mortgage Investor Loans 488

Real Estate News

APRIL 6, 2023

When you're building your business through networking, think beyond referrals. Make yourself indispensable by becoming a "resource directory" for clients.

Agents 264

Agents 264

Housing Wire

APRIL 6, 2023

Independent mortgage banks (IMB) and mortgage subsidiaries of chartered banks received a disappointing sales report card for 2022, which was led by a rapid rise in mortgage rates , low housing inventory and affordability challenges. These companies reported a net loss of $301 on each loan originated in 2022, down from an average profit of $2,339 per loan in 2021, according to the Mortgage Bankers Association (MBA).

Loans 415

Loans Banks Mortgages Industrial 415

Real Estate News

APRIL 6, 2023

Mortgage applications have slowed even though rates fell for the fourth straight week, with the 30-year fixed-rate mortgage hitting 6.28%.

Fixed-rate mortgage 264

Fixed-rate mortgage Mortgages 264

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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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Housing Wire

APRIL 6, 2023

The Federal Housing Finance Agency (FHFA) will host the Appraisal Subcommittee (ASC) in May for its second public hearing on appraisal bias. The housing regulator, led by Sandra Thompson, said it will look at the current regulatory framework for the industry , with a particular eye toward standards , qualification criteria, barriers to entry into the profession and appraisal practices.

Industrial 397

Industrial Lending Equity Banks 397

Keeping Current Matters

APRIL 6, 2023

We’re still in a sellers’ market.

Marketing 249

Marketing 249

Inman

APRIL 6, 2023

The acquisition of Launch Real Estate expands Compass' footprint at a pivotal time for the company and the industry.

Brokerage 158

Brokerage Agents Industrial 158

Housing Wire

APRIL 6, 2023

The 2023 HW Marketing Leaders award program is now open for nominations! In its third year, HousingWire is recognizing the top marketing executives in real estate and mortgage who are making waves in housing. Last year’s list included a diverse group of industry experts who lead their organizations to grow and thrive through innovative and impactful marketing strategies.

Marketing 395

Marketing Commercial Industrial Mortgages 395

Inman

APRIL 6, 2023

Zillow's latest market report reveals Black, Latinx and Asian American Pacific Islander renters spent $15 more per application than their white counterparts. Renters of color also face higher denial rates, with the typical Black and Latinx renter applying five times before being approved.

Marketing 158

Marketing 158

Housing Wire

APRIL 6, 2023

The Mortgage Bankers Association (MBA) and state-affiliated regulator associations are asking the Consumer Financial Protection Bureau (CFPB) to withdraw a proposed rule requiring nonbank financial services providers to report certain public agency enforcement actions and court orders. The proposed rule, which the CFPB unveiled in December, conflicts with the CFPB’s responsibility to limit regulatory burden or to consider the costs and benefits its actions would impose, according to MBA.

Banks 391

Banks Residential Mortgages Industrial 391

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.

Industrial

Inman

APRIL 6, 2023

Inman Contributor Rachael Hite wrote "I'm a real estate agent. You can't tell me what to wear on the job" back in February as a response to an agent-broker perspective article. She couldn't have predicted the outsized response that followed.

Agents 148

Agents Brokerage 148

Housing Wire

APRIL 6, 2023

The Federal Deposit Insurance Corporation (FDIC) has decided, in a “gradual and orderly” move, to sell a portfolio of $114 billion in mortgage-backed securities (MBS) it retained after seizing control of failed regional banks Signature Bank and Silicon Valley Bank (SVB). The face values of SVB’s portfolio is approximately $87 billion, while Signature Bank’s assets are valued at $27 billion.

Banks 384

Banks Commercial Mortgages Brokerage 384

Inman

APRIL 6, 2023

Expressing the values that guide your organization can feel like a team-building exercise or corporate technicality. In reality, though, it’s central to ensuring that you (and everyone in your business) understand what matters most.

Brokerage 148

Brokerage Agents 148

Housing Wire

APRIL 6, 2023

Mortgage executive Michael Strauss and his company, Smart Rate Mortgage , have appealed a decision from an Illinois regulator to suspend their licenses to operate in the state. Meanwhile, the licenses remain active. Strauss is returning to the industry after being accused of abruptly shutting down lender Sprout Mortgage in July 2022 without paying former employees’ salaries and severance packages.

Residential 371

Residential Loans Investor Mortgages 371

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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.

Brokerage

Inman

APRIL 6, 2023

Dive into this three-part series with Katie Lance to boost your Instagram presence and gain takeaways to help you reach new audiences and grow your brand.

Branding 148

Branding Marketing 148

Housing Wire

APRIL 6, 2023

Black Knight ‘s Optimal Blue released a product comparison feature in the company’s cloud-based Loansifter product, pricing and eligibility (PPE) engine for mortgage brokers. Dubbed the “product comparison,” the feature provides a side-by-side breakdown of various mortgage options. The new addition is geared toward giving brokers the flexibility to come up with reports for their clients with their own brand elements, Black Knight said.

Loans 369

Loans Mortgages Branding Design 369

Inman

APRIL 6, 2023

Often, clients’ perceptions are more negative than reality, according to The Agency founder Mauricio Umansky. That means there’s an opportunity for you to be honest and transparent while also quelling their nerves, dispelling misconceptions and advising them on their transaction.

Marketing 148

Marketing Brokerage Agents 148

Tom Ferry

APRIL 6, 2023

The NAR Lawsuit against agent commissions is now a class action. Buyside might be going bye-bye, and people are scared. But what can you do about it? If you’re nervous about the NAR lawsuit, it’s hard to blame you… The National Association of Realtors along with major brands like RE/MAX, Keller Williams, and HomeServices of […] The post The NAR Lawsuit: Where Do We Go from Here?

Branding 116

Branding Agents 116

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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.

Agents

Inman

APRIL 6, 2023

Providing the highest level of client service means understanding the ins and outs of real estate contracts. Broker Teresa Boardman breaks down the most problematic and error-prone contract elements for you.

Agents 147

Agents 147

HomeLight

APRIL 6, 2023

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. If you need assistance navigating the legalities or tax implications of selling a house in California, HomeLight always encourages you to reach out to your own advisor. Though California is often regarded as a high-tax state, its property and other real estate-related taxes are more middle of the road.

Title 105

Title Title search Agents Sales 105

Inman

APRIL 6, 2023

Find out how these three agents offer impeccable service and extraordinary results to clients in New York City and Miami.

Agents 147

Agents 147

Broke Agent Media

APRIL 6, 2023

What are the three words that describe what we do as real estate agents? Sales Marketing Service If at any moment we stop driving any of those three, we’re basically done. Tom Ferry talks about this all the time. What are you doing right now, this week, to drive more sales in your business, to put out more marketing, and to provide more service to more people?

Sales 98

Sales Marketing MLS Agents 98

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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.

Agents

Inman

APRIL 6, 2023

REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers.

MLS 147

MLS Brokerage Agents 147

Maximum Exposure Real Estate

APRIL 6, 2023

Understanding Your Credit Scores When Buying a House Checking your credit score in advance of buying a house is essential. Have you checked your credit score recently? If not, you should. When it comes time to buy a house, you will be looking for a mortgage if you are like most people. Getting a loan […] The post Check Your Credit Scores Before Getting a Mortgage appeared first on Maximum Real Estate Exposure.

Mortgages 98

Mortgages Loans 98

Inman

APRIL 6, 2023

The key to using AI for real estate is being educated on the dangers of cybercrime and the cyber threats it creates while also protecting clients.

Agents 146

Agents 146

Broke Agent Media

APRIL 6, 2023

BAM Key Details: A new report by StorageCafe reveals the top 20 U.S. suburbs that combine the best qualities of urban and suburban life, based on their analysis of 912 cities in the 100 largest U.S. metro areas. The top three city-like suburbs are Edina, MN; Falls Church, VA; and Palo Alto, CA. A new report by StorageCafe reveals the top 20 city-like suburbs — neighborhoods that combine the best qualities of urban and suburban life — for those who want the comfort and privacy of a suburb withou

Residential 98

Residential Construction New Construction 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

Inman

APRIL 6, 2023

As a real estate business owner, these agreements can restrict your ability to practice your trade and limit competition in the marketplace.

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145

Broke Agent Media

APRIL 6, 2023

Are you doing this in your Reels? There are four mistakes I’ve been seeing agents make in their Reels. If you’re not getting the level of engagement you want for your Instagram presence, one (or more) of these mistakes could be the reason. Find out what they are—and how to fix them! View this post on Instagram A post shared by C&C Real Estate Marketing (@coffeecontracts) Mistake #1: Starting off your Reel with an introduction When you start off your video by introducing yourself and listi

Agents 98

Agents Brokerage Development Design 98

Inman

APRIL 6, 2023

Someone will have their best year ever in real estate this year. Why can’t it be you? By understanding and acting on these rules of success, your business’s growth is inevitable.

Agents 128

Agents 128

BubbleInfo

APRIL 6, 2023

We are right back into frenzy mode with more than a quarter of last month’s sales closing over their list price. Was it required to win the home? Or has paying over the list price become more of a badge of honor for today’s buyers?

Closing 95

Closing Sales 95

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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.

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