Housing Wire
JUNE 6, 2023
In honor of National Homeownership Month, Chase Home Lending unveiled on Tuesday an upgraded suite of resources for homebuyers to assist in navigating the homebuying process and managing homeownership. One resource unveiled by Chase is Lock and Shop, which enables buyers to lock in their mortgage rate for 90 days without an upfront fee when using Chase Homebuyer Advantage.
Real Estate News
JUNE 6, 2023
Gene Millman, the leader of Colorado's largest MLS, believes MLSs "have a bad habit of forming silos" — but by working together, they can be stronger.
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Housing Wire
JUNE 6, 2023
With rates around 6.9% and home prices still near record highs, homebuyers are demanding that their loan officers provide options to lower monthly mortgage payments as much as possible. Michael J. Barnes, a branch manager at Mann Mortgage , recently had a client who planned to live in a new home for five years before selling it. The client requested a cost analysis to compare monthly payments on a mortgage at 7.5% versus a 6.5% mortgage rate with a permanent rate buydown.
Real Estate News
JUNE 6, 2023
Black Knight reports that recent borrowers had higher credit scores and larger down payments, suggesting that lenders have tightened their standards.
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Housing Wire
JUNE 6, 2023
Union Home Mortgage (UHM), an independent mortgage banking company, announced on Tuesday that it has appointed Linda Thomas as regional manager for the company’s Florida operations. In this role, Thomas will primarily focus on recruiting loan officers across the state. “Florida has always been a key focus for us. We’re thrilled to have a talented, natural leader like Linda spearheading what’s next,” said Jim Ferriter , senior vice president of retail sales at UHM. &
Keeping Current Matters
JUNE 6, 2023
With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
JUNE 6, 2023
As part of the government debt-ceiling deal, student loan payments that had been paused for the past three years will resume at the end of August.
Housing Wire
JUNE 6, 2023
Nationwide Property & Appraisal Services LLC (NPAS), a pioneer in the real estate appraisal sector, announced on Tuesday the launch of its product line, Pinnacle Desktop Appraisals. This service delivers a cost-effective solution that enhances efficiency, accuracy, and impartiality, according to the company. Designed to cater to the needs of home equity lenders, fix and flip lenders, and bank default departments, Pinnacle Desktop Appraisals leverages the expertise of real estate professional
Inman
JUNE 6, 2023
High property taxes in Texas have in the past canceled out some of the state's affordability advantages. But political leaders are looking for ways to reduce homeowners' tax burden.
Housing Wire
JUNE 6, 2023
Cenlar FSB , the second-largest mortgage servicer and largest subservicer in the U.S., announced on Tuesday the promotion of two leaders in its wholesale bank division. Keith Austin has been promoted to director of asset management and valuation services. With over 25 years of experience in portfolio management, he brings to the role an extensive expertise in default mortgage servicing.
Advertiser: Trellis
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.
Inman
JUNE 6, 2023
In a busy landscape of tech tools and platforms, we wanted to understand what makes Breakthrough Broker custom marketing centers stand out to industry leaders who use it every day.
Housing Wire
JUNE 6, 2023
Rocket Mortgage is looking to hire local loan officers at a time when mortgage rates are high and the industry remains heavily reliant on the purchase market. The Michigan lender, which racked up record profits with its call center model during the pandemic due to a large number of refis, said hiring local LOs isn’t really a shift in its business model.
Inman
JUNE 6, 2023
As the ADU trend continues to gain traction, Kendyl Young's role in equipping agents with the tools they need to navigate this new landscape is vital. Brandon Doyle talks to her about how she's helping to educate agents on this niche.
Housing Wire
JUNE 6, 2023
Sprout Mortgage and its ex-workers are close to settling several lawsuits over unpaid wages following the abrupt closure of the non-QM lender 11 months ago. A judge has yet to approve the deal. On June 1, attorneys representing the former employees filed a notice of motion for preliminary settlement approval in a federal district court in New York.
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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.
Inman
JUNE 6, 2023
My Link My Lead will enable eXp agents to share links to eXp's national search portal and automatically refer the leads generated outside of the agent's service area, the company said.
Sotheby's International Real Estate
JUNE 6, 2023
“We can never have enough of nature,” Henry David Thoreau famously declared in the pages of Walden. If that esteemed author-philosopher were to retreat to the woods today, he might well choose this glass-walled oasis on New York’s Fisher Island rather than a meager cottage on the banks of a Massachusetts pond. At the estate known as Hooverness, secluded in an equally idyllic locale, expanses of glass all but erase the barriers between interior living space and nature.
Inman
JUNE 6, 2023
In her first big move since becoming CEO, Kamini Lane revealed an organizational shakeup aimed at streamlining and supercharging Coldwell Banker Realty's recruiting, retention and growth strategy.
RIS Media
JUNE 6, 2023
In Q1 2023, 1.25 million mortgages secured by residential properties (1 to 4 units) were originated, down 19% from Q4 2022 and the eighth quarterly decrease in a row, according to a new report from ATTOM. ATTOM’s Residential Property Mortgage Origination Report for Q1 2023 found that the 1.25 million mortgages was down 56% from… The post Mortgage Originations Fall to 20-Year Low appeared first on RISMedia.
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.
Inman
JUNE 6, 2023
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.
Brownstoner
JUNE 6, 2023
A lottery has opened for apartments in a 100 percent affordable building going up on the waterfront in Greenpoint. The six-story, 375-unit development is part of Greenpoint Landing, a 22-acre 10-building high-rise complex made possible by the 2005 Greenpoint-Williamsburg rezoning. Still under construction and set to open in the fall, the… Read More > The post Lottery Opens for Greenpoint Stabilized Units With Views, Central Air, Starting at $410 a Month appeared first on Brownstoner.
Inman
JUNE 6, 2023
Bridge loans offer investors a quick and flexible way to finance an investment property, but they come with some disadvantages, writes Luke Babich, chief sales officer at Clever Real Estate.
RIS Media
JUNE 6, 2023
After a few hectic years, it seems that we’re returning to a more balanced market—one that an estimated 70% of real estate agents who have been in the business for five years or less have never experienced. Change can be hard, and many agents are starting to question if they actually have a solid business—or… The post 4 Steps New Real Estate Agents Can Take Right Now to Succeed appeared first on RISMedia.
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.
Inman
JUNE 6, 2023
Merch isn’t just for rock bands and YouTubers. DOORA Properties Creative Director Janet Pozos shares strategies for creating an on-demand product line to promote your real estate business.
RIS Media
JUNE 6, 2023
We’re three months away from hosting residential real estate’s most influential players at RISMedia’s 35th Annual CEO & Leadership Exchange, which is set to welcome more than 500 of the industry’s thought-leaders for its renowned educational and networking gathering. In today’s unpredictable environment, knowledge is power. That’s why RISMedia has developed a comprehensive educational agenda… The post RISMedia to Host Residential Real Estate’s Most Influential Players at Annual 35th An
Inman
JUNE 6, 2023
Brad Smotherman bought 28 homes last month without traditional financing. He plans to double his business by the end of 2024. The Tennessee real estate investor told Inman how he does it.
RIS Media
JUNE 6, 2023
Since October 2022, the share of buyers purchasing their home without a mortgage has consistently been more than one-quarter of the market. The share is collected monthly in the REALTORS® Confidence Index and includes buyers who purchased primary homes, investors and vacation buyers. These all-cash homebuyers are happily avoiding the higher mortgage interest rates, which… The post Cash Rules, New Study Finds appeared first on RISMedia.
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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.
Inman
JUNE 6, 2023
The Consumer Financial Protection Bureau warns of reputational and legal risks of relying on "deficient chatbots" as the primary mode of interacting with customers.
RIS Media
JUNE 6, 2023
If you and your team are going to sell homes, you need to show them first. An open house is like a product demonstration; no one can blame buyers for wanting a look at what you’re selling before they commit. When so much shopping is done digitally nowadays, there’s no reason that real estate sales… The post Team Tactics: 5 Reasons Why You Should Host Virtual Open Houses appeared first on RISMedia.
Inman
JUNE 6, 2023
The most valuable asset you have is you, and the smartest investment you can make is to nurture and develop that asset at Inman Connect.
The Close
JUNE 6, 2023
What’s the difference between a real estate broker versus an agent? Think of a broker as a leveled-up agent. They can open their own brokerage, manage agents, collect fees, and serve their own clients. An agent can perform real estate tasks for their clients, but only while under the supervision of a broker. Being a broker comes with perks but also a lot of responsibility.
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.
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