Tue.May 17, 2022

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Employee retention according to the data: The do’s and don’ts of company culture.

App Folio

As a leader of a property management firm, you know that you’re responsible for not just resident and owner satisfaction,

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Orchard provides cash offers for first-time homebuyers

Housing Wire

Orchard , which operates a home-buying and selling platform, wants to expand its customer base of first-time homebuyers by helping them to make a cash-backed offer. Buy with Orchard is the firm’s first product targeted to first-time buyers that provides home shoppers with the cash needed to compete with equity-rich homeowners and investors, the company said.

Equity 370
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Why Rising Mortgage Rates Push Buyers off the Fence

Keeping Current Matters

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you.

Mortgages 220
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Increase in mobile, online home purchases fuel mortgage-related fraud

Housing Wire

The rise in mortgage-related fraud over the past three years was largely due to a surge in online and mobile-only mortgage transactions. The pandemic and growing mobile channel fueled the number of fraud cases with application fraud being a key entrant point for fraudsters, a new report analyzing fraud trends suggests. Fraud costs largely came from consumers seeking to buy a new home through online and mobile transactions, according to LexisNexis Risk Solutions.

Mortgages 369
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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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Inside a French Norman–Inspired Manor in Connecticut

Sotheby's International Real Estate

The award-winning firm of VanderHorn Architects in Greenwich, Connecticut, prides itself on designing homes inspired by the rich stylistic traditions of the past. That creative vision is crystal clear at this French Norman–style manor set near the banks of the far reaches of Greenwich Cove in Riverside. With its grand proportions, steep hipped rooflines, and ivy-draped stone walls, it would be equally at home in the countryside of France.

Banks 133
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FirstClose secures $35 million investment from Lateral

Housing Wire

Mortgage and home equity fintech FirstClose received a $35 million investment from Lateral Investment Management on Tuesday. This is FirstClose’s first institutional equity investment round: The company has been self-funded since its founding in 2000. The fintech firm currently provides underwriting workflow automation technology, point-of-sale software, and data services for the U.S. home equity and mortgage markets.

Equity 347

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Narrow Gauge Capital acquires Inco-Check

Housing Wire

Private equity firm Narrow Gauge Capital (NGC) acquired Inco-Check, LLC , a provider of quality control audit mortgage software and fraud prevention services. Founded in 2000, Irvine, California-based Inco-Check leverages its proprietary web-based platform to support GSE, regulatory agency, and investor requirements. With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said.

Equity 332
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What Does CDOM Mean in Real Estate

Maximum Exposure Real Estate

Have you seen the letters CDOM in some real estate listing websites and wondered what it meant? CDOM and DOM are two acronyms you will likely see when looking for a home to purchase. These real estate terms are similar but have slightly different meanings. CDOM stands for cumulative days on market and DOM stands […]. The post What Does CDOM Mean in Real Estate appeared first on Maximum Real Estate Exposure.

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Mortgage and refinance rates today, May 17, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates barely moved yesterday as markets took a breather after last week’s volatility. We’ll have to wait to see how long that relative […].

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The 5 Keys to Consistent Social Media Growth for Real Estate Professionals

Agent Fire

Virality doesn’t always translate to long-term success in real estate social media marketing. To generate hot leads and build lasting social media staying power, we need to focus on consistent social media growth. Here's how to do it. The 5 Keys to Consistent Social Media Growth for Real Estate Professionals is just one of many great real estate strategies on The Spark.

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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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Choosing to Be Intentional

RIS Media

Does anyone have too much time on their hands? **crickets** Yeah, me neither. One of our most valuable resources, the amount of time in any given day is out of our control—firmly set at 24 hours. But what we do with those 24 hours is in our control. Reaching our goals requires intentional work, and there is a lot to choose from in real estate: prospecting, taking the time to coach team members, following up with buyers and sellers, and the many administrative tasks needed to move transactions fo

Staging 97
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The government can help with your down payment. Here’s how

The Mortgage Report

Down payment assistance programs are growing in popularity, as they improve home buyer offers in today's extreme housing market.

Marketing 108
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It Takes a Village

RIS Media

You’ve heard that it takes a village to raise a child. If you have children, you know this is true. Parenting is full of complexities that no two people could possibly navigate alone. As a parent myself, I’ve received invaluable help from my family members, friends, and neighbors, who generously shared their expertise and experience. My children also benefited from others in the community, like teachers and coaches, who had their best interests in mind and were invested in helping them succeed.

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Recent College Grads Should Think Twice Before Renting a Place to Live

Lighter Side of Real Estate

People often envision young adults graduating from college, landing a job, and renting their own place to live. While it was never easy, that path has become more and more difficult to attain in a straight line. College isn’t cheap, and many grads are starting their adult lives with a heap of student loans and jobs that may not pay as much as it costs to live independently.

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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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Property Prices Rise 0.6 Per Cent In Last Month

Real Estate Investar

Property prices across the country saw another increase in value last month, however, the rate of increase continues to slow down.

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College grads struggle with rising rental costs

Realty Biz

College graduates say they’re struggling to get ahead due to soaring rental costs that are draining the bulk of their newly earned paychecks. The National Association of Collects and Employers’ most recent complete data shows that in 2020, the average starting salary for college grads was around $55,000, up more than 14% from ten years prior. However, rents are rising faster than those paychecks.

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Analysis Shows Multifamily Price Appreciation Outpaced Rent Growth

RIS Media

Real estate investors are sweet on multifamily—so much so that they have increasingly been willing to pay more for it than ever before, especially in certain circumstances. Whether that demand can continue or a bubble burst is on the horizon is the focus of a new Multifamily Trading Bulletin from Yardi ® Matrix. The Yardi Matrix report tracked $215 billion of multifamily property sales in the U.S. in 2021 that traded for an average of $192,105 per unit.

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How to Fix Most Common Cooling Problems in Your Home

RISMedia

By Kyla Stewart Summer is around the corner. The call of sunshine, warm breeze, and activity fills the air. The urge to brush off the winter's chill and give summer's call is exciting. Even as summer appeal engulfs most, a precaution ahead is the need to check and fix any cooling system in our homes. […]. The post How to Fix Most Common Cooling Problems in Your Home appeared first on RISMedia's Housecall.

As-is 108
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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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Four Ways Real Estate Team Leaders Can Overcome Leadership Loneliness

RIS Media

As rewarding as it can be to lead your own real estate team, it can be lonely at the top. You may be surrounded by people, but they may not be able to fully appreciate the unique challenges of leading a team. You can quickly start to feel unsupported and adrift. Fortunately, there are ways to diminish these feelings of isolation. Use these four strategies to overcome the loneliness of leadership. 1.

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4 Top Reasons to Become a Luxury Home Appraiser

McKissock

A “luxury” home is not so much about price tag as it is about quality and customization. At its core, it’s any home that is a step above typical or even high-end traditional homes in the area. So, you don’t have to live in an area full of sprawling mansions and multi-million-dollar homes to become a luxury home appraiser. There are many reasons why appraising luxury homes is recommended for real estate appraisers.

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What Is the Best Real Estate ERP Software

Realty Biz

Enterprise resource planning: you’ve likely heard of it, especially if you’re in the real estate profession. ERP, as it’s called by those in the know, is an incredibly powerful tool that many different types of businesses use to leverage productivity and bring new life to existing work processes. There are dozens of different types of ERP approaches and software platforms out there from which to choose if you want to incorporate enterprise resource planning into your own real estate business.

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Homegenius Partners With Berkshire Hathaway HomeServices

RIS Media

Homegenius has announced an agreement with Berkshire Hathaway HomeServices. Through this agreement, homegenius will enable Berkshire Hathaway HomeServices’ network agents, brokers and owners to access homegenius’s “ geniusprice ” property intelligence engine. geniusprice technology gives brokers and agents access to analytics and insights in an interface that’s easy to use and takes home price estimates to a new level, the company states.

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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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The Slow Unwind – Quality of Inventory

BubbleInfo

I mentioned that we could be seeing a pause in the market, and for prospective home buyers, there are plenty of reasons to take a rest: Mortgage rates starting with a 5, not a three. The S&P 500 and Dow are down 15.9% and 11.3%, year-to-date. The list prices of homes for sale are higher […].

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The best kept secrets of using the right colors in your marketing

The American Genius for Real Estate

(MARKETING) Simplistic assumptions about colors aren’t necessarily true when it comes to choosing a color for your brand, website, or marketing campaign. The post The best kept secrets of using the right colors in your marketing appeared first on The American Genius Real Estate.

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What If The Seller Leaves Things Behind

Mandrona Group

Once you’ve closed the deal and got the keys to your new home, the next exciting part is bringing your. Read More.

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Brooklyn Public Library’s Night of Ideas Returns to an in-Person Event With Headliner Patti Smith

Brownstoner

It is a shortened event but it is back in person for another evening of debate, discussion and performances at Brooklyn Public Library's annual Night of Ideas. Starting at 7 p.m. and running until midnight on Saturday, May 21, the marathon of intellectual discussion (formerly known as the Night of… Read More > The post Brooklyn Public Library’s Night of Ideas Returns to an in-Person Event With Headliner Patti Smith appeared first on Brownstoner.

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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.

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Income Calculator for Real Estate Investors: How to Calculate Your Earnings

Mashvisor

An investor needs a reliable income calculator to make accurate projections of his or her earnings in real estate investing.

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Brooklyn Real Estate Listings Six Months Later: All Four Sold

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Ditmas Park, South Midwood, Flatbush and Clinton Hill. How did they fare? If the postwar exterior and ceiling heights aren’t deal breakers, this Ditmas Park co-op unit offers some fun design, two… Read More > The post Brooklyn Real Estate Listings Six Months Later: All Four Sold appeared first on Brownstoner.

Design 62
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Rum Cocktails You Need to Try

RIS Media

Rum Cocktails You Need to Try . Yo ho ho and a bottle of rum! To the great pirates of legends and tales, a bottle of rum is a treasure beyond comparison. To you, it’s just another bottle of liquor that will inevitably end up pushed toward the back of your shelf. Don’t let your bottle become a dusty, undiscovered treasure! Embrace your inner pirate with these delicious rum cocktails!

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Daily Links: Locals Decry ‘Reckless’ Postponement of Emergency BQE Repair by Mayor and DOT

Brownstoner

In the News Downtown Brooklyn Retail Development Eyes Major Athletic Brand [NYP] BHA Stunned Over Postponement Of BQE Repair Funding [Eagle] Brooklyn Doctor Returns From Ukraine With New Perspective on War [BK Paper] Street Vendor Enforcement Has Continued at Pre-Pandemic Levels [City Limits] Pro-Palestinian Rally Takes to the Streets of Bay Ridge [News12] Cities Are Backing… Read More > The post Daily Links: Locals Decry ‘Reckless’ Postponement of Emergency BQE Repair by M

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.