Mon.Sep 28, 2020

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Brokerage uses VR to get consumers inside houses that haven’t been built yet

Housing Wire

Urban District Realty , a Washington, D.C.-based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. “PROJETO specifically is for homes that have not been built yet, these are homes that are still in development and that is something that when we did all of our research and looked around, no one else is doi

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Housing Market on Track to Beat Last Year’s Success

Keeping Current Matters

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First American , announced last week: “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic

Marketing 250
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New home sales hot but not bubbly

Housing Wire

The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. No, this is not a new home sales housing bubble as we are far from total new home sales being where they were in 2005. However, for the first time in more than a decade we have the demand needed to prompt builders to really push housing starts as the monthly supply data has collapsed this year.

Sales 530
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New home buyers face shortage of household appliances

Realty Biz

Household appliances including dishwashers, refrigerators, washers and dryers are all said to be low in stock nationwide, and that’s forced some consumers to wait months for their orders to be fulfilled, according to a report in NPR. The shortage is, like mostly everything else these days, being blamed on the coronavirus pandemic. Steve Sheinkopf of Boston-area Yale Appliance told NPR that his store saw a rush on freezers in March when the pandemic took hold as people looked to hoard food.

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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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California expands oversight of consumer protection watchdog

Housing Wire

With the official passage of the California Consumer Protection law on Friday, California’s Department of Business Oversight will be renamed the California Department of Financial Protection and Innovation and given expanded powers. The state legislature says the move will increase financial regulation and consumer protection in the Golden State. California Gov.

Lending 500
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Suburban Home With Wild ‘Boom Boom Room’ Sells in a Week

Realtor.com

realtor.com If these walls could talk. Yes, it’s a cliché—but we really want to know what went on at this unassuming split-level home in Pennsylvania. And we’re not the only ones who are curious. “I would love to know this story. I would imagine that everyone that went into this house left with the great memory, a smile on their face, or a major hangover.

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More Trending

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Who has the best refinance rates? Top 24 lenders ranked

The Mortgage Report

We ranked 2019's top 24 lenders to find out who has the best refinance rates, best cash-out refinance rates, and lowest refinance closing costs.

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As UWM attempts to build an empire, brokers and rivals weigh in on Mat Ishbia’s $16B plan

Housing Wire

A year ago, long before anyone talked about a coronavirus, Rocket Companies ‘ stock performance, or the curious acronym S-P-A-C, Mat Ishbia had set his plan in motion. Ishbia’s company, United Wholesale Mortgage , had by that point climbed the ranks to become the second-biggest mortgage originator in the country. UWM issued nearly 350,000 mortgages worth $108 billion in 2019, about three times more than the year prior.

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Renting a PODS Moving Container: What to Know

Maximum Exposure Real Estate

What to Know About PODS Do you know what a POD is and how they work? By the time your done reading, you’ll have an ample amount of insightful information to understand whether renting a PODS moving container is right for you. If the cost of hiring movers stretches your budget further than you imagined, […]. The post Renting a PODS Moving Container: What to Know appeared first on Massachusetts Real Estate Exposure.

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Share of Non-Conventional Financing Increased in 2019

Eye on Housing

NAHB analysis of the 2019 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing for new home sales accounted for 35.0% of the market, while conventional financing dominated the market at 65.0%. In 2018, share of non-conventional financing was 28.6% of the market while conventional financing accounted for 71.4% of the market share.

Finance 113
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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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Mortgage and refinance rates today, September 28, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower again last Friday. That was the fourth consecutive day of modest falls. And conventional loans today start at 2.75% (2.725% […].

Mortgages 112
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Are you selling real estate in a high-cancer-risk area?

The American Genius for Real Estate

(BIG DATA) If you own a brokerage knowing your local ecosystem can be beneficial. Whether it's a humble brag on your blog, or a letter to a local rep, knowing your environment is always a good idea. The post Are you selling real estate in a high-cancer-risk area? appeared first on The American Genius Real Estate.

Brokerage 111
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Realtor.com® Report: Buyer Trends Moving to the Suburbs

RIS Media

A lot has changed since the onset of the coronavirus pandemic, including home-buying trends. Homes that were once sitting on the market due to their size and location, are now the preferred choice. According to a recent report from realtor.com ®, suburban homes are seeing stronger price appreciation, shorter days on market and more views on realtor.com® than in urban areas. “In one of the most seismic shifts to the U.S. workforce since the introduction of the Internet, many U.S. workers no

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Laneway home offers a design for the future

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Laneway home offers a design for the future. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. To say land in central Toronto is valuable is an understatement, so when David Shedd looked out his window and saw free land, he jumped at the opportunity: he built a laneway suite.

Design 109
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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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Mayo Clinic Minute: The Importance of Stretching Throughout Your Workday

RIS Media

(TNS)—With some gyms closed and a number of people working from home, the COVID-19 pandemic has made it more difficult for many people to get in their daily workout. Sedentary behavior, including sitting for long periods of time, can contribute to adverse health effects, including something referred to as “sitting disease.” In this Mayo Clinic Minute, Dani P.

Closing 113
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Wide Open Spaces | 5 Homes With Impressive Atriums

Sotheby's International Real Estate

The history of the atrium goes back to ancient Rome, where an interior grand, open space served as the focal point of the home. Today, atriums are more commonly found in large-scale public spaces like office buildings or hotels, but occasionally an architect will be inspired to include one in the design of a residential home. Whether imagined as an airy, multi-level space, often with a skylight, or as a central patio around which the home is built, an atrium can serve as a refreshing and light-f

Principal 107
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Study finds that home renovation can be good for your mental health

Realty Biz

With most people spending more time at home due to the pandemic, renovations have suddenly become much more popular. Now, renovators are claiming that the task not only relieves the boredom, but has been good for their mental health too, according to a study of more than 1,000 homeowners and renters about their home DIY projects carried out by CouponFollow.

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Remote Work: Are You Going Back to the Office?

RIS Media

“COVID-19: Are you going back to the office yet or not?” I recently posed this question to more than 500 business owners in the real estate industry. The results were scattered almost evenly across the board. Twenty-seven percent of business owners indicated that they were already back in the office—and to my surprise, tying for first place, another 27 percent responded that their business was operating via remote work before the pandemic.

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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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Strangest COVID-19 Side Effect to Date: Real Estate ‘Quarandreams’

Realtor.com

CarlaMc / Getty Images Here’s one of the weirdest side effects of the coronavirus pandemic that we’ve heard of so far: People around the world are experiencing a rash of bizarrely vivid quarantine dreams while sleeping, called “quarandreams.” And surprisingly often, these weirdly intense sleep visions are all about real estate.

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Local Real Estate’s Move to Mobile

RIS Media

In the world of local real estate, mobile technology is playing a growing role in the way people search for listings and the way agents reach customers. As more activity happens online, it’s raising questions about how local real estate professionals can adapt to best serve their prospects and customers. Currently, social distancing is further affecting the status quo in an already changing marketplace.

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Apartment Tower Tops Out Above Athletic Field on LIU Campus in Fort Greene

Brownstoner

A tower that will hover above a new athletic field at Long Island University in Fort Greene has topped out. Using the address of 196 Willoughby Street, the mixed-use building, now called The Willoughby, has reached its maximum height of 34 stories. The glass facade at the front of the building… Read More > The post Apartment Tower Tops Out Above Athletic Field on LIU Campus in Fort Greene appeared first on Brownstoner.

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How To Effectively Market Your Property With Facebook Groups

Agent Drive

Selling a property can be challenging, especially if you are doing it for the first time. Nowadays, unless you leverage highly effective tools like social media, getting a good deal on your property can be daunting. One social media tool that has helped make marketing and selling of property effortless is Facebook. There are many […]. The post How To Effectively Market Your Property With Facebook Groups appeared first on AgentDrive.

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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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These 9 Homes With Indoor Pools Make a Splash No Matter the Weather

Realtor.com

realtor.com Fall is officially here, and outdoor pool season is winding down for large swaths of the country. With public pools closed in most of the country this summer, folks were desperate for any sort of aquatic relief. Interest in above-ground pools , plunge pools , and stock tank pools all spiked as homeowners sought to beat the heat in their own backyard.

Design 103
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Agile for Real Estate

RIS Media

For years, I had an inability to get things done in my business. It seemed that every event, webinar and training class had a cool new way to do things, and I bought into them all! As the CEO of a company, I had to learn that using systems and programs in your business is great, but you want to make sure that you are not overloading yourself with unnecessary tools.

Title 104
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How the Age of Your HVAC System Impacts Your Home’s Resale Value

RISMedia

By Meghan Belnap When considering what to upgrade before you sell your home, it's just as important to think through your home's mechanical systems as it is your home's aesthetic elements. After all, aesthetic elements are often easier and less expensive to change than mechanical systems. Related: 5 Reasons Why Your HVAC Systems Aren’t Working […].

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Who Is Selling?

BubbleInfo

Who is selling? The chart below tracks when the home was purchased by the sellers. Today’s numbers are from those sales closed between Aug 21-31 of this year: Year Purchased 12/13/16 4/3/17 6/30/17 12/4/17 2/16/20 9/28/20 0 – 2003 57% 48% 32% 47% 34% 29% 2004 – 2008 19% 15% 12% 15% 18% 15% 2009 […]. The post Who Is Selling? appeared first on bubbleinfo.com.

Closing 98
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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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Real people. Real relationships. Real estate.

The Residential Specialist

David Washington, CRS, has been active in many facets of the real estate business over the past 15 years, including inspection, appraisal and brokerage services. He is a licensed broker in Georgia, Florida and South Carolina, and is based in south Georgia. Education is key. Washington’s focus is on education and information sharing. It came from a passion for education and learning that he received over many years.

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Freddie Mac Multifamily Names Dan Din Vice President of Specialty Underwriting

RIS Media

Freddie Mac Multifamily recently announced that Daniel Din has been named vice president of Specialty Underwriting. In his new role, Din will oversee the underwriting and credit of Freddie Mac’s businesses in Affordable Housing, Seniors Housing, Structured Transactions and Low-Income Housing Tax Credit (LIHTC) equity investments. “Dan’s passion for innovative solutions focused on our housing mission has been an important part of the development of several of Freddie Mac Multifa

Equity 98
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Daily Specials Sweeten Twisted Tunas Jupiter Opening

Waterfront Properties

The Twisted Tuna in Jupiter is now open for business, and locals are loving it They offer a “slightly twisted” menu of fresh seafood, amazing sushi, and handmade original recipes. In addition to having happy hour every day of the week, here are the other fun daily specials they’re currently offering Monday – Double Points Monday – Earn double Twisted Tuna rewards points Tuesday – Taco Tuesday – 20 off all tacos amp; $5 Margaritas all day Wednesday – Wine Down Wednesday AND Kids Eat Free – 50 off

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Revisiting My Theory of Real Estate Brokerage

Notorious ROB

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh Monthly Subscription $ 20 Monthly Subscribe Now Annual Subscription $ 200 Annually (Save $40) Subscribe Now. The post Revisiting My Theory of Real Estate Brokerage appeared first on NotoriousROB.

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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.