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 82
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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 485
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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 122
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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 421
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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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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 […].

Mortgages 115
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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 410

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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 397
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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 105
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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 397
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Inflation Hits a Fresh 40-Year High in May

Eye on Housing

Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981. Both energy and shelter index recorded their largest annual gains since September 2005 and February 1991.

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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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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 397
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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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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 397
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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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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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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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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.

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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 384
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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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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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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 306
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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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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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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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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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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 305
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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 84
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Keep the pride of Pride Month year-round (without rainbow washing)

The American Genius for Real Estate

(EDITORIAL) When pride month is over, companies tend to delete their rainbow website adornments. How can your company can keep these efforts going? The post Keep the pride of Pride Month year-round (without rainbow washing) appeared first on The American Genius Real Estate.

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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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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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Why Do Agents Fail at Lead Generation?

Lab Coat Agents

Real estate agents are always looking for leads. However, many agents fail at lead generation because they don’t have a plan or they don’t know how to effectively implement their plan. In this blog post, we will discuss why real estate agents fail at lead generation and provide an effective solution and tips on how to overcome these common mistakes.

Agents 52
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The 10 Best Rental Websites for Real Estate Investors in 2022

Mashvisor

Finding a great rental property to invest in can be tough. Here, you will find the 10 best rental websites for real estate investors in 2022.

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Focus on these Crucial Items to Keep Your Real Estate Business Moving Forward

Properties Online

In the fast-paced world of real estate, you can sometimes feel like a juggler trying to keep an impossible number of balls in the air. Use these real estate marketing tips to focus on the balls that are truly a priority for your business. 1. Keep your prospect list full. With the cyclical nature of… Read More » Focus on these Crucial Items to Keep Your Real Estate Business Moving Forward.

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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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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.