Mon.Apr 10, 2023

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5 power practices every successful real estate entrepreneur needs to know

Inman

Utilizing power practices and tools derived from the realms of positive psychology, neuroscience, and holistic wellness, you can lay the foundation for a successful career as well as a joyful and meaningful life.

Agents 167
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Now is the time to cultivate strong borrower-lender relationships

Housing Wire

HousingWire recently spoke with Dustin Gray, CEO of Milestones Labs , about the importance of the borrower relationship and how Milestones Labs helps mortgage providers build lasting relationships with their borrowers. HousingWire: How has the current market affected the way lenders approach customer relationships? Dustin Gray: You don’t have to be an economist to know it’s a challenging time to buy a home or get a loan.

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Hot or not: Where the market is going this summer and beyond

Real Estate News

With inventory low and interest rates elevated, economists don’t expect to see activity pick up until later in the year.

Marketing 306
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Opinion: Excessive VA mortgage loan fees expire

Housing Wire

Friday, April 7, marked a day for celebration. After four years of Congress hiking Veterans Administration (VA) so-called “Bluewater Navy” mortgage loan fees as an offset to pay for other critical veterans’ benefits, Congress has finally let those excessive VA mortgage loan fees expire. This good news for homebuyers comes on top of FHA action in late February to cut the annual premium on FHA loans by 30 basis points, from 0.85% to 0.55%, saving most families around $800 starting last March 20.

Loans 418
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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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Homebuyer Activity Shows Signs of Warming Up for Spring

Keeping Current Matters

The spring season appears to be warming up in housing as more and more buyers enter the market.

Marketing 250
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Rate lock volume jumps 43%, reflecting a rate-sensitive market

Housing Wire

Rate lock volume jumped 43% in March on the back of seasonal tailwinds, falling interest rates and stronger purchase market performance. Lock volumes increased across the board, led by purchase locks jumping 44% in March — well above the 30% average February to March gain seen across the past 5 years, Black Knight ’s originations market monitor report showed.

FHA loan 396

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Wine, golf and social receptions await at Gathering of Eagles 2023

Housing Wire

There are endless panels and speakers at Gathering of Eagles 2023. Attendees can gain essential knowledge for their business and forge new opportunities in the heart of Texas Hill Country. But, it isn’t all lessons and analysis at Gathering of Eagles. This year we are pleased to present several networking events and receptions so attendees can work hard and play hard.

Staging 78
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The chatbot revolution has begun. Here’s what agents need to know

Inman

Tools such as ChatGPT and Bard are brand new but already revolutionizing online content and the real estate industry. Scroll through Inman's latest handbook to get the lowdown.

Agents 158
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Why lenders should be asking for a title check at loan application

Housing Wire

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. As a follow-up, HousingWire sat down with Peter Richter, co-founder and president at Flueid, to discuss why mortgage lenders should be asking for a quick, data-driven title check at loan application, rather than an instant title commitment, to understand and verify what’s going on with a property and consumer from the start.

Title 393
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6 ways to optimize your listing images

Inman

The quality of listing images can have a powerful impact on the immediacy and quantity of inquiries — not to mention the value of those initial offers.

Agents 158
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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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Residential Building Wage Growth Slowing

Eye on Housing

Average hourly earnings for residential building workers* continue to rise in February 2023 but at a slower pace. Wage growth has retreated below or close to 3%, from the highest rate of 2021. Labor market data indicate that business hiring is softening as the economy shows signs of weakening. According to the Bureau of Labor Statistics (BLS) report, average hourly.

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Allowing pets in your rental units: Pros and cons

Inman

There are many benefits and risks to consider before listing your property. If you’re on the fence about whether or not to allow pets in your rental units, here are the factors you should consider.

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A helping hand: FHA greenlights 40-year mortgages

The American Genius for Real Estate

For many potential homeowners, the barriers to entry feel insurmountable. The FHA hopes that new 40 year mortgages will give more wiggle room.

Mortgages 109
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How to make a killer first impression with your Instagram bio

Inman

Social media strategist Katie Lance sheds light on the power of Instagram for real estate agents and how to curate the perfect bio to showcase your business and let your profile shine.

Agents 158
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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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When Buying a House What is a Good Credit Score and How to Get One

Maximum Exposure Real Estate

Get a Good Credit Score When Buying a Home Are you wondering what a good credit score for buying a house is? A healthy credit score is a vital factor when buying a house. A good credit score can mean the difference between getting the most favorable interest rate and terms from a mortgage lender. […] The post When Buying a House What is a Good Credit Score and How to Get One appeared first on Maximum Real Estate Exposure.

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CHECKLIST: Daily, weekly, monthly and annual metrics to check

Inman

Move from surviving to thriving when you track these meaningful metrics and stay on top of the numbers that matter.

Agents 158
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Kurt Nishimura Shares How AREAA is Creating Equal Paths to Homeownership and the Change that Remains

Coldwell Banker

The post Kurt Nishimura Shares How AREAA is Creating Equal Paths to Homeownership and the Change that Remains appeared first on Coldwell Banker Blue Matter.

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Zillow unveils affordability tool that prioritizes buyers’ monthly budget

Inman

Announced on Monday, the new filter enables users to search for homes within a range of monthly mortgage payment prices that fit their budget, instead of just listing prices.

Mortgages 158
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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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Another Affordability Hurdle: Property Taxes are Up Across the U.S.

Broke Agent Media

BAM Key Details: A new ATTOM report on 2022 property taxes for 87 million U.S. single-family homes shows a 3.6% annual increase in property taxes. That increase was more than twice the 1.6% growth seen in 2021 but less than the 5.4% increase in 2020. Average property tax on single-family homes rose 3% in 2022 after rising 1.8% in 2021, with an effective tax rate nationwide of 0.83%, down from 0.86% in 2021 to its lowest rate since at least 2016.

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EXp Realty names Carolyn Merchant as new CMO

Inman

Toronto-based marketing executive Carolyn Merchant is eXp's newest chief marketing officer. Merchant joined the company in January 2022 as the vice president of brand and communications.

Branding 158
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5 Hilarious Real Estate Videos Every Agent Can Relate To

Broke Agent Media

It’s the start of another week as a real estate agent. Feeling stressed, frustrated, and maybe even a little bit insane? You’re not alone. But don’t worry—in the midst of all the madness, there are brilliant minds out there creating hilarious content that we can all relate to. Because, let’s face it, sometimes a good laugh is the key to surviving real estate.

Agents 98
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Poll shows most Americans still think it’s a bad time to buy

Inman

Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs.

Mortgages 158
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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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Real estate marketing trends 2023

Properties Online

Introduction Real estate marketing trends are always evolving, but there are some things we can count on for the future. Single Property Websites Single Property Websites (SPW) are a great option for promoting a single property. While they can be used in conjunction with other marketing strategies, they can also be effective on their own.… Read More » Real estate marketing trends 2023 The post Real estate marketing trends 2023 first appeared on Properties Online, Inc.

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7 new markets can use Listing Media Services

Inman

ShowingTime+ has again broadened the availability of its agent-focused Listing Media Services in Austin, Philadelphia, Indianapolis, Minneapolis, Las Vegas, Sacramento and Sarasota.

Marketing 158
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Is Seattle A Good Market For Real Estate Investing? Here’s The Latest Trends

Bigger Pockets

Let’s face it, Seattle isn’t about to land itself on any hottest lists of affordable places to invest any time soon.

Land 97
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These 4 strategies will help you develop a billion-dollar mindset

Inman

According to broker-owner Bonneau Ansley, high-performing pros need to consistently strengthen their mindsets, because the biggest obstacle anyone will face is the one between their ears.

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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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Why the BRRRR Method WON’T Be the Same in 2023

Bigger Pockets

The BRRRR method just got served a devastating blow.

Finance 97
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Fractional leads in community-based real estate investing: Tech Review

Inman

Fractional and its users find investment properties, create public proposals for like-minded group members and assemble a team of investors to purchase them.

Investor 158
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March TRREB Stats: A Slow And Steady Ascent

Toronto Realty Blog

TorontoRealtyBlog Did I ever tell you that I climbed Mount Kilimanjaro? True story. August of 2010, which honestly seems like an eternity ago, I went to Africa with my father with the goal of conquering the highest peak on the continent. My father was 63-years-old at the time and I remember looking through the log book of every person to summit for months , and I swear to you, I didn’t see anybody older than him.

Sales 94
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On its mission to humanize real estate, this top brokerage uses new AI solution

Inman

Hunter is a valuable solution to stay in front of these contacts, keeping them abreast of the market inventory — agents would never have been able to manage that volume or keep in touch with all of them at once.

Brokerage 148
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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.