BubbleInfo
MARCH 3, 2023
Between the lawsuits that will decouple commissions and homes.com that funnels all inquiries back to the listing agent, the buyer-agents are cooked. It’s just a matter of time. Hat tip to RE News – an excerpt: Florance also detailed his vision for Homes.
Housing Wire
MARCH 3, 2023
Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement. UDC will provide fast and accurate collection of data, pursuant to Freddie Mac and Fannie Mae data standards, when lenders receive “loan eligibility for agency loan programs that allow for an inspection-based
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Keeping Current Matters
MARCH 3, 2023
Some Highlights If you’re thinking of selling your house, be sure to explore all the options you have for your next home. Both newly built homes and existing homes offer plenty of unique benefits.
Housing Wire
MARCH 3, 2023
Title industry revenue dropped 19% year over year in 2022, according to data released Thursday by Fitch Ratings. This 19% decline is on a GAAP basis for the Fitch Ratings title universe, which includes Fidelity National Financial , First American , Old Republic and Stewart. According to the Fitch report, the decline in revenue was driven by economic headwinds in the latter half of the year, as mortgage rates doubled between early 2022 and fall of 2022.
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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.
Real Estate News
MARCH 3, 2023
Newly built homes continue to lose square footage. But agents see an upside for buyers seeking more affordable options.
Housing Wire
MARCH 3, 2023
Executives at Rocket Companies are engaged in a very tricky balancing act: they must drastically reduce expenses to return the company to profitability. And at the same time they must continue to invest in their business to avoid losing further ground in a mortgage market that doesn’t play to Rocket’s natural strengths. The lender has made several big reductions in force in recent months.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
MARCH 3, 2023
To help you avoid mistakes that will hamper your growth and damage your online presence, social media expert Katie Lance lays out the most common marketing myths and why they’re wrong.
Real Estate News
MARCH 3, 2023
A recent panel discussion concluded that the industry, from lenders to agents, should take note: Millennials are a massive cohort with unique challenges.
Inman
MARCH 3, 2023
There are four stages in the listing process that offer unique opportunities to market both the listing and yourself, Jimmy Burgess writes. Here are 23 ways to turn your latest listing into multiple deals.
Real Estate News
MARCH 3, 2023
Founder Dave Liniger encouraged attendees to focus on growth and adaptability, while CEO Nick Bailey said agents shouldn't be afraid to "get loud.
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.
Inman
MARCH 3, 2023
Designer César Giraldo believes the decision to conjure a custom branded fragrance for a single homeowner at 1859 Bel Air Road will pay off by bridging marketing, design and emotional appeal.
Sotheby's International Real Estate
MARCH 3, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Valparaiso, Chile | Chile Sotheby’s International Realty This two-story home in Valparaiso, Chile, was built intentionally so the common spaces and bedrooms were exposed to the northwest views of the ocean, beaches and the city of Maitencillo.
Inman
MARCH 3, 2023
On the heels of RE/MAX's 50th anniversary and R4 conference, RE/MAX CEO Nick Bailey shared with Inman a sneak-peek into the franchisor's tech and growth strategy for 2023.
Maximum Exposure Real Estate
MARCH 3, 2023
Everything You Need to Know About Closing on a House Understanding the house closing process is essential for a first-time buyer. The more you know about the steps for closing on a house, the less likely you’ll make mistakes. When you are preparing to close on a home, it can feel like you are near […] The post The Process of Closing on a House Step By Step appeared first on Maximum Real Estate Exposure.
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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.
Inman
MARCH 3, 2023
The median U.S. home sale price declined marginally between February 2022 and 2023, clocking in at $350,426, according to new data released Thursday.
Broke Agent Media
MARCH 3, 2023
BAM Key Details : A new Redfin report shows a record share of home buyers on Redfin.com looking to relocate as high housing costs drive 24.9% of them to more affordable metros. Miami is the number one migration destination by net inflow while San Francisco, Los Angeles, and New York rank as the top three migration origins by net outflow. The share of relocating home buyers is 0.4% higher than Q4 2022 and up from 22.8% a year ago and about 18% before the pandemic.
Inman
MARCH 3, 2023
If you want to keep your pipeline full, you can't slack off on marketing. Take this quiz to find out if you're doing everything you can (and should) be doing now.
Broke Agent Media
MARCH 3, 2023
BAM Key Details: According to a new Zillow® survey, 84% of Americans who sold a home for the first time in the past two years have regrets. The top four regrets of first-time sellers include decisions regarding pricing, online impressions, timing and home improvements. In the midst of a red-hot seller’s market, where multiple offers, over-ask bids, and waived contingencies were the norm, it’s hard to believe anyone would regret selling their home over the past two years.
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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.
Inman
MARCH 3, 2023
The National Association of Realtors said increasing the nation's inventory is one solution to address homeownership gap. The trade group is eying 3 million net new Black homeowners by 2030.
Toronto Realty Blog
MARCH 3, 2023
TorontoRealtyBlog I have to start with the best this week, and let me assure you: this might make my “all time faves” list. I recognize that real estate is expensive in the city, and that goes for both purchase and rent. So while I don’t want to come off as unsympathetic to those that are trying to find a place to rent, I did find this MLS listing humourous.
Inman
MARCH 3, 2023
The optimal retirement planning strategy may differ depending on the stage of the agent's career. According to CFP Jordan Curnutt, agents must be fully aware of the options available to ensure they are using the best plan to make the biggest impact on their financial future.
Agent Fire
MARCH 3, 2023
Only a few months after its release, ChatGPT has already changed the way real estate agents do business. This is why it's made such a big impact and how to make the most of the tool.
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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.
Inman
MARCH 3, 2023
While gathering leads is certainly the goal, the best ones will come to those agents who leverage Real's connectivity to each other, and who remain active in curating relevant market content.
Bigger Pockets
MARCH 3, 2023
If you live in a high-cost-of-living area, a house hack could solve many of your money-related problems.
Inman
MARCH 3, 2023
The Ohio bank's $9 million pledge to promote ownership in Black and Hispanic neighborhoods is the sixth since the DOJ launched an initiative to combat redlining in October 2021, with lawsuits generating $84 million in relief to date.
McKissock
MARCH 3, 2023
Fannie Mae updates its Selling Guide to include more options for property valuations. Early signs of a housing market rebound are halted by rising interest rates. A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity. Registration is now open for the 2023 Appraiser’s Conference and Trade Show (ACTS).
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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
MARCH 3, 2023
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for Feb. 24 - March 2, 2023.
Bigger Pockets
MARCH 3, 2023
Knowing how to calculate the square footage of a home is important for real estate investors.
Inman
MARCH 3, 2023
The two-day Christie's International Real Estate conference in the Cayman Islands drew broker-owners — including Aaron Kirman in his debut at the event — from four continents and around two dozen U.S. states.
Realty Biz
MARCH 3, 2023
There are several key items to take care of after purchasing a new home in 2023. Congratulations! The journey to homeownership is just beginning – and there are lots of important factors to keep in mind. Homeowners face a wide range of different daily tasks and serious responsibilities. Many of these obligations begin immediately after the closing day.
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