Fri.Jun 10, 2022

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9 Ways to Build Confidence as a Real Estate Agent

Agent Fire

To find success in the real estate industry, self-confidence is vital. Without confidence, agents can't develop resilience, belief, and positive assumptions that are conducive to a fantastic career. Here are 9 ways to boost your confidence as a real estate agent. 9 Ways to Build Confidence as a Real Estate Agent is just one of many great real estate strategies on The Spark.

Agents 91
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Investors from 3 Asian nations have heartiest appetite for U.S. MBS

Housing Wire

The Federal Reserve ’s (Fed) efforts to beat back inflation with its monetary tools have already shifted the winds in the secondary market for mortgage-backed securities (MBS). The Fed’s continuing effort to wind down its $2.7 trillion MBS portfolio helps fuel widening interest-rate spreads in the MBS market by creating additional MBS supply to be absorbed by investors.

Investor 501
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The Top Reasons To Own Your Home [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide financial stability and help you grow your net worth. Are you ready to experience all the great benefits that come from purchasing a home?

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Haunted by zombie properties, Ocwen settles lawsuits

Housing Wire

Nonbank mortgage lender and servicer Ocwen Financial Corp. and its subsidiary PHH Mortgage agreed to pay more than $665,000 to settle multiple lawsuits filed last year by three cities in New York state regarding the maintenance of zombie properties. In 2016, New York passed a law establishing that lenders and servicers must inspect, secure and maintain zombie properties — which are defined as vacant and abandoned homes whose owners are behind on their mortgage payments. .

Mortgages 448
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The 2025 Real Estate Roadmap to Success

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.

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The Thousand agents break records, average $1M sales price

Real Trends

Low inventory? No problem. Top-performing real estate agents and teams closed an average of 241.2 transaction sides in 2021, up from 211 in 2020, breaking records in the 2022 RealTrends + Tom Ferry The Thousand rankings. RealTrends + Tom Ferry The Thousand is an annual, national ranking program sponsored by RealTrends—the Trusted Source—and Tom Ferry International coaching, advertised in The Wall Street Journal.

Agents 126
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Lenders, tech firms hire executives to navigate down market

Housing Wire

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. Motto Mortgage, a national mortgage brokerage franchise, and wemlo , a mortgage processing solution with an all-in-one digital platform, tapped Chris Erickson as vice president of product and strategy for both brands this week.

Marketing 435

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Wyndham Capital Mortgage to have a new round of layoffs

Housing Wire

Consumer direct lender Wyndham Capital Mortgage is doing a new round of layoffs, according to a Worker Adjustment and Retraining Notification (WARN) notice filed with the North Carolina Department of Commerce. The company said it will lay off 48 employees beginning on August 1. The staff either work in the lender headquarters in Charlotte, North Carolina, or remotely and report to the location.

Mortgages 418
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Mortgage and refinance rates today, June 10, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates moved moderately higher yesterday. And they’re now perilously close to the 13-year-record highs we saw in early May. Markets have been roiled […].

Mortgages 116
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The American dream and the affordability crisis

Housing Wire

What is the “American Dream?” The phrase is attributed to writer James Truslow Adams in the 1930s, who described it in part as an aspiration that “life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.”. For many Americans, owning a home is a core component of the American Dream as a means to build wealth and financial security.

Mortgages 418
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The Morning Routines of 12 Rock Star Agents (+ 8 Tips to Start Your Day Better)

The Close

Wake up. Hit snooze. Obsessively scroll through emails in bed. Go back to sleep for another hour. Rush to the office in a panic. Rinse. Repeat. Sound familiar? If so, you can learn a thing or two from the morning routines of top-producing real estate agents. Worst-case scenario, an intentional morning routine will help you become healthier, happier, and less stressed during the day.

Agents 105
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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HousingWire June Demo Day: Finicity

Housing Wire

Finicity Mortgage Verification Services (MVS). Through its Mortgage Verification Services (MVS) product, Finicity’s open banking platform leverages high-value consumer-permissioned data directly from financial institutions and payroll processors to provide accurate, real-time insights for a GSE-accepted verification of assets, income and employment in a simple 1-touch experience.

Lending 418
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Bay Ridge Celebrates Pride Month With First ‘GayRidge’ Picnic

Brownstoner

Southern Brooklyn was loud and proud on Sunday, June 8 as hundreds partied in Owl’s Head Park in celebration of Bay Ridge’s first formal Pride Month event — an LGBTQIA+ extravaganza aptly dubbed “GayRidge Pride.” The all-day affair was hosted by a local group of the same name, which was formed… Read More > The post Bay Ridge Celebrates Pride Month With First ‘GayRidge’ Picnic appeared first on Brownstoner.

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HousingWire June Demo Day: Tavant

Housing Wire

Touchless Lending. Touchless Lending is an AI-Powered Lending-as-a-service platform that provides end-to-end mortgage manufacturing. This one-of-a-kind software solution allows lenders to originate more mortgages at a faster rate, while also reducing costs. Loan officers, processors, and underwriters alike now have access to use Touchless Lending’s Optimized Workflows to engage with data and make decisions faster, instead of relying on physical documentation and manual data entry.

Lending 418
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A Ditmas Park Bungalow With Garage and Three Others to See, Starting at $1.95 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Park Slope, Fort Greene, Williamsburg and Ditmas Park. An 1890s brownstone in the Park Slope Historic District catches the eye with its original ironwork and spectacular stonework, which includes intricate Celtic-style scrollwork and puffy stacked bands of brownstone.… Read More > The post A Ditmas Park Bungalow With Garage and Three Others to See, Starting at $1.95 Million appeared first on Brownstoner.

Marketing 105
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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HW+ Member Spotlight: Stacy Esser

Housing Wire

This week’s HW+ member spotlight features Stacy Esser, founder and team leader at Stacy Esser Group/SEG Realty Keller Williams. Based in New Jersey, Esser and her team have been recognized as the No. 1 agent in Tenafly, New Jersey and the No. 1 agent for the Bergen County. Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why?

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Come to the Rescue of Hudson’s J. W. Edmonds Firehouse, Yours for $1.495 Million

Brownstoner

A proposed revitalization hasn't materialized and now this 19th century firehouse facing Hudson's Public Square is in search of a new owner. Built in 1868, the brick building on the market at 8 Park Place was designed by architect Peter H. Avery to serve as home to the J.W. Edmonds… Read More > The post Come to the Rescue of Hudson’s J.

Design 98
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Doorway Home Loans to merge with Priority Mortgage

Housing Wire

Mortgage lenders Doorway Home Loans and Priority Mortgage Thursday announced a merger, the latest of many such deals made during a challenging mortgage market. The companies did not disclose the financial terms of the agreement. Both companies have more than 30 years of experience in residential direct lending, but want to expand market reach and create greater efficiency.

Loans 397
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Daily Links: As City Calls for Federal Help With Gun Violence, Startup Sees a Solution in Green Jobs

Brownstoner

In the News Mayor Eric Adams Calls for Federal Help to Fight Gun Violence [NYT]. Bullied Subway Franchise Owners Save Bensonhurst Shop [NYP] City Repeatedly Targeted Same BQE Homeless Encampment [Gothamist] Court Rules City Must Conclude Brooklyn Yeshiva Investigation [Gothamist] Flatbush Artist Captures Community Joy in Magically Surreal Paintings [i-D] How Would You Rate the… Read More > The post Daily Links: As City Calls for Federal Help With Gun Violence, Startup Sees a Solution i

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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HousingWire June Demo Day: Maxwell

Housing Wire

Maxwell Point of Sale. Maxwell Point of Sale provides a modern mortgage experience for borrowers and lending teams. From application to closing, it delights borrowers with a seamless digital experience while automating LO workflows so they can close more loans faster. Everyday, 300+ lenders choose Maxwell to help them close loans 13 days faster. Product Fast Facts. #1.

Lending 321
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The Best & Worst Of Toronto Condo Pools!

Toronto Realty Blog

TorontoRealtyBlog. Hey bros! Do you have a barbed-wire tattoo around your biceps? Both arms? Great ! Put on your nylon board shorts, grab the tanning oil, and meet me on the condo rooftop! Wait. That was soooooo fifteen years ago… Completely unrelated story: what are all those late-40’s dudes with barbed-wire tattoos on their biceps doing now?

As-is 19
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HousingWire June Demo Day: CHIME Technologies

Housing Wire

Chime. Chime’s all-in-one CRM and sales acceleration platform is designed to help real estate agents, teams, and brokerages close more deals faster. The platform combines IDX websites, lead generation, marketing automation, advanced lead management, and powerful AI to cost-effectively capture and convert leads into new business. Product Fast Facts. #1.

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Sotheby’s International Realty Prevails in REAL Trends “The Thousand” Top Individual Sales Volume Category

Sotheby's International Real Estate

Sotheby’s International Realty is pleased to announce that once again it is the most represented real estate brand on the 2022 REAL Trends “The Thousand” Individuals by Sales Volume list. The rankings represent the brand’s unparalleled network of luxury agents, accounting for nearly 20% of the Individuals by Sales Volume category. The annual report ranks America’s top 1,000 residential real estate agents and teams based on 2021 annual sales volume and transaction sides.

Sales 98
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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HousingWire June Demo Day: Clear Capital

Housing Wire

ClearCollateral ® Review. ClearCollateral ® Review is a highly efficient and intelligent automated underwriting review system that enables you to apply a risk-based approach to appraisal review and close more loans faster. The system centralizes all analytical tools and data required to review an appraisal and leverages machine learning to eliminate manual tasks, improving review quality and reducing the review effort by 50%.

Loans 321
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Mortgage Rates Heading for 6%

BubbleInfo

I picked a great day to start the mortgage-rate tracker in the right-hand column! >>>> Mortgage rates haven’t been in the 6% range since 2008: How many agents have operated in a 6% environment? It will be less than half of the active agents today. To check, their license number would have to be around […].

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Luxury Real Estate Headlines: Second Week of June 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Stuttgart, Germany | Kevin Merz, Baden-Württemberg Sotheby’s International Realty. Sustainable brutalist architecture hits new heights at this Stuttgart property, which has a monolithic, angular form. This brutalist Stuttgart home is all about the angles – The Spaces.

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Florida top agent on selling the Palm Beach lifestyle

Real Trends

“I love my job,” notes Suzanne Frisbie. Her passion for it shows and as a result, it has paved the road to accomplishment. Frisbie has been a successful broker-associate with Corcoran in Palm Beach, Florida since 1988 during which time she has developed a keen familiarity with its unique geography, architecture, market trends, and property values. Frisbie is ranked No. 7 individual by sales volume in the 2022 RealTrends The Thousand rankings, selling more than $700 million in sales volume in 202

Agents 89
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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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Buyers gain more leverage as housing market slows

Realty Biz

Buyers appear to be gaining more leverage in the housing market following years of almost total control being in the hands of sellers. There are signs of a softer market emerging. Recent research by Redfin shows there are fewer people searching for “homes for sale” on Google than in previous weeks, while home viewing activity down slightly and mortgage purchase applications are down 14% compared to a year earlier.

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Equity vs. Debt in Real Estate Investing

Mashvisor

Nowadays, most people look for passive income sources that may add to their regular income, increasing it little by little.

Equity 81
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How a top-tier agent built his business through word of mouth

Real Trends

Massachusetts-based HomeZu agent, Jason Saphire is confident that the flat-fee brokerage model will be able to handle whatever changes are coming to the uncertain housing market. Licensed since 1998, Saphire is a co-founder of HomeZu and the founder and principal broker of New England agency, EntryOnly.com. He’s a flat-fee brokerage veteran , who has witnessed the real estate industry and housing market undergo numerous changes over the years.

Agents 67
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The Complete Guide to Making Your Listing on Airbnb Stand Out

Mashvisor

It takes more than just listing on Airbnb for a vacation rental business to thrive. You need to make your listing stand out from the rest.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.