Real Trends

JANUARY 3, 2023

Real estate, both residential and commercial, is highly competitive. As a result, you’re vying for many of the same clients as other agents in your area. To succeed in this field, you need to work proactively and efficiently. Find qualified buyers as a real estate agent. As you know, real estate is either a buyer’s or seller’s market. Considering the past year’s low inventory of properties, it wasn’t hard to find motivated buyers.

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Agents Commercial Lending As-is 109

Housing Wire

JANUARY 3, 2023

Pending home sales fell for the sixth consecutive month in November, recording a 4.0% month-over-month drop that resulted in an index reading of 73.9, according to data released last Wednesday by the National Association of Realtors. “Pending home sales recorded the second-lowest monthly reading in 20 years as interest rates , which climbed at one of the fastest paces on record this year, drastically cut into the number of contract signings to buy a home,” Lawrence Yun, NAR’s chief economist, sa

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Sales Construction Mortgages Marketing 511

Keeping Current Matters

JANUARY 3, 2023

If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves.

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Housing Wire

JANUARY 3, 2023

Top U.S. lender United Wholesale Mortgage (UWM) notched a partial win in a lawsuit against broker shop America’s MoneyLine (AML) regarding the controversial “ultimatum” it imposed two years ago. UWM CEO Mat Ishbia announced in March 2021 that brokers who did business with Rocket Mortgage or Fairway Independent Mortgage could not also send loans to UWM, which the lender called the “All In” initiative.

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Brokerage Loans Mortgages As-is 501

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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.

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Better Dwelling

JANUARY 3, 2023

Canadian real estate is in the middle of a price correction, and single-family homes have been hit hardest. Canadian Real Estate Association (CREA) data shows single-family homes, which include detached and semi-detached units, saw prices fall sharply in November. Virtually every market is now off its all time high, with the worst performing down nearly […].

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Marketing Banks Mortgages 136

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect. But, we might also pull from wisdom of the ages: “If it ain’t broke, don’t fix it.”.

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VA loan Loans HR Due diligence 83

Housing Wire

JANUARY 3, 2023

California-based mortgage lender loanDepot made changes to its credit line agreement with two of its warehouse lenders going into 2023 amid shrinking origination volume in the previous year. In late December, Dallas, Texas-headquartered NexBank adjusted the revolving credit note to $200 million from $268 million in the previous year, according to a U.S.

Lending 83

Lending Principal Loans Mortgages 83

Eye on Housing

JANUARY 3, 2023

Consumer confidence rose to an eight-month high in December as declining gas prices and easing inflation contributed to more optimistic views of economy. However, spending plans were mixed. Vacation intentions improved, while the intention to buy homes and big-ticket appliances cooled further due to elevated mortgage rates. This shift in consumer preference from goods to services is likely to continue.

Mortgages 116

Mortgages As-is 116

HomeLight

JANUARY 3, 2023

Disclaimer : HomeLight does not provide legal advice. While this is a general guide to selling a house by owner in Colorado, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception.

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Purchase and sale agreement Inspection Inspection contingency MLS 115

Bigger Pockets

JANUARY 3, 2023

2023 will be tougher for the housing market, but not the worst, according to the National Association of Realtors (NAR). The Annual Real Estate Forecast Summit, organized by the NAR, delivered […].

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Marketing 110

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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Real Trends

JANUARY 3, 2023

It’s been a long time since Zillow , Realtor.com and Redfin replaced real estate websites as the destination for real estate listings, yet most agent, team and brokerage websites still look the same as they did way back when. . Today’s consumers aren’t going to your website to search for listings. They want to know you’re legit, so they go to your website to ensure you’re in business and to learn more about you. .

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Branding Brokerage Technology Agents 106

Brownstoner

JANUARY 3, 2023

This week, a look back at four of our featured listings from six months ago focuses on homes in Prospect Lefferts Gardens, Clinton Hill and Prospect Park South. How did they fare? This Prospect Lefferts Gardens one-bedroom doesn’t come with a lot of bells and whistles, but it does have some… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

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Marketing 105

Fancy Pants Homes

JANUARY 3, 2023

Who would have thought that Daniel Craig, aka Bond, James Bond , would be able to charm his way into becoming a modern, American version of Hercule Poirot, dazzling us with his unique Southern drawl? Not even Agatha Christie could have seen this coming. . Yet here we are, eyes glued to the screen to watch the latest adventure of detective Benoit Blanc, played by Craig, as he gears up to untangle yet another crazily-concocted murder plot (once again, with a striking mansion in the backdrop).

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Design As-is Residential 105

Bigger Pockets

JANUARY 3, 2023

Multi-level marketing companies (MLMs) operate in secrecy. They don’t want you to know where the products are coming from, how they’re being sold, who’s making a profit, and how the […].

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Marketing 99

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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.

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Maximum Exposure Real Estate

JANUARY 3, 2023

Why is Dual Agency Illegal in Some States? Did you know that dual agency is illegal in some states? There is one perfect reason why dual agency has been made illegal in some places – it sucks for consumers! Do you want your Realtor to represent your best interests? How about getting the lowest price […]. The post Why Dual Agency is Illegal in Some States appeared first on Maximum Real Estate Exposure.

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Brownstoner

JANUARY 3, 2023

Sahadi Importing Company, with its bins of nuts, shelves full of spices and display cases stocked with sweets, has been a Brooklyn Heights staple since the 1940s -- and it’s now been added to the New York State Historic Business Preservation Registry, solidifying its place in local lore. “Thrilled to welcome… Read More > The post Sahadi’s Added to the New York State Historic Business Preservation Registry appeared first on Brownstoner.

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Maximum Exposure Real Estate

JANUARY 3, 2023

Purchasing a Home Post Divorce Buying a house alone after a divorce can be frightening. If you have recently gone through a divorce and are considering buying a home, there are some things that you need to consider before you start scanning real estate listings. Divorce is emotionally and financially challenging and can leave you […]. The post Buying a House After a Divorce is Finalized appeared first on Maximum Real Estate Exposure.

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Brownstoner

JANUARY 3, 2023

In a postwar elevator building close to Grand Army Plaza, this one-bedroom co-op offers many charming features with 1950s élan, including an original kitchen and bathroom in apparently fine condition. There are also large rooms, parquet and corner windows. It's on the sixth floor of 34 Plaza Street East, a full-service… Read More > The post Stylish Prospect Heights Postwar Apartment With Vintage Kitchen, Parking, Parquet Asks $599K appeared first on Brownstoner.

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Closing 98

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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.

Agents

Maximum Exposure Real Estate

JANUARY 3, 2023

What to Know About Buying New Construction Homes Are you thinking about buying a new construction home? The idea of purchasing a brand-new house is appealing to many homebuyers. Going directly to the builder and being the first to live in a home offers advantages. However, buying a newly constructed home isn’t the same as […]. The post Buying a New Construction Home Process Explained appeared first on Maximum Real Estate Exposure.

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New Construction Construction Branding As-is 98

Agent Drive

JANUARY 3, 2023

Most agents are perfectly credible and trustworthy, but even so, they face a big issue. In an industry that many people distrust since it is paid on commission, proving credibility and improving the collective image is hard. This is particularly true for smaller brokerages that might not have the power of franchise brands to back […]. The post Are You a Trusted Agent?

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Brokerage Agents Branding Industrial 98

Maximum Exposure Real Estate

JANUARY 3, 2023

What to Know About Property Lien Searches Do you want to do a property lien search? Are you interested in how to find out if there is a lien on a home? Knowing how to check for liens on a property is essential. If you want to buy a new property, you need to be […]. The post How to Search For Liens on a Property: Lien Searches Explained appeared first on Maximum Real Estate Exposure.

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The Mortgage Report

JANUARY 3, 2023

Today’s mortgage and refinance rates Happy New Year! Average mortgage rates nudged higher last Friday, the latest business day before today. And they more than doubled over 2022. Still, there’s […].

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Mortgages 98

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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.

Agents

Maximum Exposure Real Estate

JANUARY 3, 2023

What Does a Real Estate Attorney Do? Many consumers ask what does a real estate attorney do? Do I need one in my real estate transaction? Speaking from thirty-seven years of experience as a real estate agent, I can talk about the importance of having a lawyer in your corner. Buying a home isn’t the […]. The post Why You Need a Real Estate Attorney When Buying or Selling a House appeared first on Maximum Real Estate Exposure.

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Agents 98

Sotheby's International Real Estate

JANUARY 3, 2023

Few things are more mesmerizing than the smooth azure ocean as it stretches toward the horizon on a gloriously warm and sunny day. This ±3,800-square-foot condominium—on the third level of a coveted building in the prestigious locale of Palm Beach’s Sloan’s Curve—has a sleek minimalist palette and walls of windows that allow this enviable outlook to take center stage.

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Staging Brokerage 97

Maximum Exposure Real Estate

JANUARY 3, 2023

Fourteen Ways to Get Your Mortgage Denied Did you know that a loan can be denied after funding? Unfortunately, you can lose your mortgage approval if you’re not careful. Getting pre-approved for a mortgage is an exciting experience. You now have the go-ahead to shop around and find the perfect home. But with all the […]. The post How Can a Loan Be Denied After Funding: See 14 Ways!

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Loans Pre-approval Mortgages 98

Realty Biz

JANUARY 3, 2023

Anybody who’s thinking about buying a home might be interested in knowing the average mortgage rate. As of January 2023 , the average mortgage rate sits right around 6.59%. That’s more than double the rate that borrowers were getting in early 2021. With mortgage interest rates rocketing upwards, many potential home-buyers are looking for advice on what to do.

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Mortgages VA loan Loans FHA loan 96

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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.

Sales

Maximum Exposure Real Estate

JANUARY 3, 2023

Disclosure of Haunted Homes, Paranormal, Ghosts, and Murder What is a stigmatized property, and do you need to disclose them? A stigmatized property always brings out lively discussions among buyers, sellers, and real estate agents. Whenever Halloween rolls around, it is a perfect time to discuss one of the more ghoulish issues in real estate […].

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Agents 98

Realty Biz

JANUARY 3, 2023

As we enter the New Year, new predictions for the housing market are emerging, especially when it comes to mortgage rates. Thanks to the COVID-19 pandemic, the housing market has been seeing tremendous instability since early 2020. Thanks to the lockdown, interest rates and mortgage rates plummeted. That makes it difficult to predict where things are going in the housing market going into 2023.

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Mortgages Marketing Fixed-rate mortgage Development 90

Maximum Exposure Real Estate

JANUARY 3, 2023

What Buyers Should and Should Not Request to Be Fixed Unreasonable buyer requests after an inspection happen all the time. When you find a home you want, it is crucial to pick your battles regarding repairs requested from a home inspection. Some requests are unreasonable, and others are not. While it would be nice for […]. The post What Are Inspection Requests and What is Reasonable appeared first on Maximum Real Estate Exposure.

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Inspection 98

McKissock

JANUARY 3, 2023

As part of our contributor series, Steven W. Vehmeier, Appraisal Educator Emeritus, shares his insights into appraising small income properties. The topic of this blog is two-to-four unit residential income properties. The purpose is to address common misconceptions about appraising these unique investment properties, as well as to emphasize the important factors an appraiser must consider.

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Investor Residential Development Land 89

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