BubbleInfo
FEBRUARY 22, 2023
How bad could it get? What else could happen? The market could deteriorate into a cash-only environment, where the buyers and sellers who can avoid mortgages altogether are the only players left. If mortgage rates get into the 7s and 8s, the temptation for financed buyers and sellers to wait it out will be overwhelming.
Housing Wire
FEBRUARY 22, 2023
Wells Fargo , the largest depository mortgage lender in America, issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel. “I can’t provide any specifics but we announced in January strategic plans to create a more focused Home Lending business,” Tom Goyda, senior vice president of consumer lending communications at Wells Fargo, said in an e-mailed response.
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Real Estate News
FEBRUARY 22, 2023
Most agents are hardworking and professional, says broker Phil Faranda. But those who aren't can damage your brand and the industry — and should be terminated.
Housing Wire
FEBRUARY 22, 2023
The mortgage process involves many moving pieces and relationships with a variety of stakeholders. The relationship between a loan officer and a real estate agent is one of the most important pieces of the puzzle, as the two must combine forces to help borrowers achieve their goal of buying a home. Ideally, a strong relationship between an LO and a real estate professional leads to symbiosis and benefits for both sides, as well as for the homebuyer.
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Keeping Current Matters
FEBRUARY 22, 2023
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore.
Housing Wire
FEBRUARY 22, 2023
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2023 HW Rising Stars are open now through Friday, February 24, 2023. Click here to nominate your organization. HousingWire’s Rising Stars award recognizes housing professionals 40 years old and younger who are making a major impact on the industry.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 22, 2023
Leading property data and analytics company CoreLogic has acquired Roostify , a digital mortgage technology provider. “By integrating Roostify’s digital mortgage technology platform with CoreLogic’s robust data, analytics and workflow solutions, clients will gain critical information about borrowers and properties at the beginning of the loan process, saving both time and money,” CoreLogic said in a statement on Wednesday.
Real Estate News
FEBRUARY 22, 2023
The complaint alleges that eXp Realty turned a “blind eye” to two agents who had a history of drugging and sexually assaulting women.
Housing Wire
FEBRUARY 22, 2023
It’s proving to be a brutal February for the mortgage industry, with mortgage demand falling for the third time in four weeks. At a time when purchase activity typically ramps up, the latest mortgage application data is showing that mortgage demand is dropping due to mortgage rates climbing back up. Mortgage applications decreased 13.3% for the week ending February 17 compared to the previous week, according to the Mortgage Bankers Association.
Real Estate News
FEBRUARY 22, 2023
Instant home values (like Zillow's Zestimate) are getting better, and can be a tool for underwriters and savvy agents.
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Housing Wire
FEBRUARY 22, 2023
The residential mortgage-backed securities (RMBS) market took a beating in 2022, nearly stalling as the year came to an end — on the heels of interest rates jumping more than 3 percentage points over the first half of 2022. That dramatic rate volatility wreaked havoc on spreads and RMBS deal execution — and created cash-flow challenges for many lenders that rely on securitization as a liquidity outlet.
Inman
FEBRUARY 22, 2023
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024.
Realty Biz
FEBRUARY 22, 2023
Are you considering selling your house? Many home sellers struggle with when they should pull the trigger and sell their homes. When people have a choice, they usually want to opt for the time that will allow them to sell quickly and for the most money. The season depends on whether it is a good time to sell a home. There are certainly better times of the year to sell than others.
Inman
FEBRUARY 22, 2023
In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 — the largest six-month drop since the Great Recession.
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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.
Sotheby's International Real Estate
FEBRUARY 22, 2023
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. Shelter Island, New York | Sotheby’s International Realty – East Hampton Brokerage Built in 1952 and designed by architect Bertrand Goldberg for John Snyder, the CEO of the Pressed Steel Car Company, The Snyder House was recognized as a mid-century marvel, both in design and waterfront location, offering magnificent panoramic water views of West Neck Harbor and
Inman
FEBRUARY 22, 2023
Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1 million fourth-quarter loss, according to an earnings call for the iBuyer on Wednesday.
Propmodo
FEBRUARY 22, 2023
When CBRE announced in 2020 it was moving its global headquarters from Los Angeles to Dallas, it merely formalized how the company had been operating for the previous eight years. CBRE has a long history in California, but Dallas had been its de facto HQ for a while. The North Texas city was its largest operating center and home to many senior executives, including CEO Bob Sulentic.
Inman
FEBRUARY 22, 2023
Team members who are achieving their goals don’t leave. If an agent leaves because they don’t like accountability and are not achieving their goals, then love them as they go out the door, writes Leslie Guiley.
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.
The Residential Specialist
FEBRUARY 22, 2023
Donating time to charitable causes can be personally fulfilling and a lead-generation tool for your business By Michelle Huffman Real estate agents have a reputation for being good neighbors. Two-thirds of REALTORS ® volunteer in their communities monthly, according to a National Association of REALTORS ® report, but some agents do much more. While these agents are primarily motivated by serving their communities, their good deeds also help their businesses grow.
Inman
FEBRUARY 22, 2023
ChatGPT has taken the world by storm, but it's not perfect (yet). Before you use it, understand how it works, the wide variety of serious pitfalls and the potential risk to your business if you fail to fact-check the responses it provides.
Maximum Exposure Real Estate
FEBRUARY 22, 2023
What to Inspect Before Selling Your Home Did you know that inspected houses stand a much better chance of getting to closing? By having a home inspection, you can learn about any existing flaws and remedy them before putting your house for sale. No rule says you have to inspect your home before you sell […] The post Inspected Houses Offer Increased Chances of Success appeared first on Maximum Real Estate Exposure.
Inman
FEBRUARY 22, 2023
ChatGPT has taken the world by storm, but it's not perfect (yet). Before you use it, understand how it works, the wide variety of serious pitfalls and the potential risk to your business if you fail to fact-check the responses it provides.
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.
Maximum Exposure Real Estate
FEBRUARY 22, 2023
How to Know The Neighborhood is Good How do I know the neighborhood is good? Are there types of neighborhoods I should be considering? Understanding how to choose a neighborhood is an essential consideration for home buyers. The process of buying a home can be incredibly exciting. Imagining you and your family living in a […] The post How to Choose The Right Neighborhood?
Inman
FEBRUARY 22, 2023
Matterport earned $136.1 million in 2022, which wasn't enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to the company's latest earnings release on Wednesday. That was more than double the $46.9 million in losses Matterport reported in 2021.
Broke Agent Media
FEBRUARY 22, 2023
BAM Key Details: The Biden-Harris administration has announced action to save homebuyers and homeowners with FHA-insured mortgages $800 per year by reducing mortgage insurance premiums. Homebuyers and homeowners with FHA-insured mortgages will soon save an average of $800 per year on mortgage insurance premiums. Vice President Harris and Department of Housing and Urban Development Secretary Fudge announced today that HUD, through the Federal Housing Administration (FHA), will reduce its annual
Inman
FEBRUARY 22, 2023
Good leadership is about inspiring and motivating followers to get the job done, whatever the job may be. It considers more than just the metrics of productivity for success and adds the welfare of the organization and its people to the list of objectives.
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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.
Realty Biz
FEBRUARY 22, 2023
There’s so much that goes into having an effective real estate website. Most real estate professionals spend lots of time and effort ensuring that the content of their site is at its best through efforts like search engine optimization (SEO). Yet there’s more that goes into making your real estate website stand out from the others: page performance.
Inman
FEBRUARY 22, 2023
Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong?
Realty Biz
FEBRUARY 22, 2023
As a real estate agent or broker, you know what it’s like on the backend of things. It’s not all glitz and glamour and while you and your team are out showing potential buyers houses on your books, there’s a pile of admin work not being done back in the office. This is where Virtual Assistants who specialize in admin and support work tailored specifically to your industry come into play.
Inman
FEBRUARY 22, 2023
LAH Real Estate Inc. was originally founded in 1992. The new affiliate brings its four offices to Sotheby's, ticking the brand's total office count in Alabama up to seven.
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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