Tue.Aug 16, 2022

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Investing in Property? You Need a Real Estate Virtual Assistant

Realty Biz

If you’re planning to invest in property, or you’ve already gotten started, you may be looking for people who can support your journey. That could be friends and family cheering you on, backers with funding, and personnel to help you operate your business. Additionally, you may want to consider a real estate virtual assistant to handle a lot of the administrative, day-to-day tasks.

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15 mortgage tech providers make the Inc. 5000 list

Housing Wire

Sixteen companies offering mortgage tech solutions made the Inc. 5000 rankings released today, with several repeat winners. The program ranks the fastest-growing companies based on a three-year average. The list of mortgage solutions providers on the list was topped by Maxwell , a mortgage solutions platform designed for America’s local lenders, at No. 164.

Mortgages 381
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What Would a Recession Mean for the Housing Market?

Keeping Current Matters

According to a recent survey from the Wall Street Journal , the percentage of economists who believe we’ll see a recession in the next 12 months is growing.

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Who’s positioned to capitalize on Wells Fargo’s mortgage retreat

Housing Wire

The fate of Wells Fargo & Co. ’s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint , including a likely pull-back from the correspondent lending business. Shortly after that story went live, analysts at Keefe, Bruyette & Woods (KBW) published a report stating that if Wells does exit the correspondent lending market, it “would meaningfully reduce the companyR

Mortgages 370
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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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Will the Real Estate Housing Market Continue to Grow in the Next Year?

Realty Biz

In July, the Federal government announced another 0.75% interest rate hike. So, if you’re considering applying for a new home loan in 2022, you can expect to pay a lot more for your mortgage. This is sure to impact the real estate housing market in some way, although so far things aren’t panning out as predicted. The last two years have seen the hot real estate housing market cool slightly.

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66 mortgage lenders, brokers make Inc. 5000 list

Housing Wire

Nearly 70 mortgage lenders and brokers made it on the list of Inc. Magazine ‘s 5,000 fastest-growing companies in the U.S. for 2022. The companies are U.S.-based, privately held and independent as of Dec. 31, 2018. Additionally, all these businesses had a minimum revenue of $100,000 in 2018 and $2 million last year. All the top five mortgage lenders debuted on the Inc. 5000 list for the first time. theLender , which offers government and conventional mortgages as well as non-QM products, s

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Two HW Annual sessions that can help you navigate a recession

Housing Wire

Worried about the changing tides in the real estate market and the current recession ? To help you feel as prepared and informed as possible, we’ve designed the HousingWire Annual agenda to address the top questions in housing right now, including questions around the recession and how housing professionals are working to stay competitive in this environment.

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Inside a Modern Villa in Beverly Hills

Sotheby's International Real Estate

The popular 1990s teen television drama may have made the 90210 U.S. Zip code recognizable to a wide global audience, but long before it was known by the real estate cognoscenti for its luxury and sophistication, and today it remains a signifier one of the world’s most illustrious and sought-after addresses. Tucked behind the iconic Beverly Hills Hotel, this unique estate in that coveted neighborhood is on the market for the first time in three decades and represents a rare opportunity to own a

Marketing 101
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Voxtur to pay $101M to acquire MSR trading platform Blue Water

Housing Wire

Canadian real estate tech firm Voxtur Analytics Corp. has agreed to buy mortgage servicing rights trading platform Blue Water Financial Technologies for a cool $101 million. Voxtur, which has been on a buying binge over the last few years, plans to combine Blue Water’s capital markets SaaS platform with its own constellation of real estate solutions.

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How to Eliminate Some Stress While Unpacking From a Long Move

Realty Biz

Alongside having a baby and getting married, moving and buying a home are among the most stressful experiences we face but ultimately enjoy. Even if you’re excited to have finally found your dream home, it doesn’t make the process any less harrowing. First, you have to find your home, which can be extra challenging in a hot market. Then, you have to go through negotiations, escrow, inspections, meetings with loan officers, and so on all before you finally get the keys to your new place.

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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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Nine title insurance companies named to Inc. 5000

Housing Wire

A total of nine title insurance and settlement services providers were named to the Inc. 5000 list of America’s fastest growing private companies for 2022. In 2021, 12 firms made the list. The self-reported list is comprised of the 5,000 fastest growing private companies in the U.S. based on percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018.

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$10 million will buy you the ultimate Berkshires country escape

Fancy Pants Homes

In the heart of the Berkshires, just 10 minutes from award-winning dining in New Marlborough and world-renowned cultural attractions, sits the ultimate country escape. Called Atwater, the massive 321-acre retreat comes with a beautiful primary residence, its very own 33-acre pond, and quite a few extra accommodation options: a guest house, a bunkhouse, and an Airstream.

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Who Pays the Buyer’s Agent in FSBO Transactions? Your Questions Answered

HomeLight

You just found an awesome home. In fact, it has all of the features you’ve been looking for including a huge backyard, your dream kitchen, and even a two car garage with enough storage space for all of your gardening tools. However, there is one problem… The house isn’t listed with a real estate agent. Your potential dream home is FSBO. That’s right, it’s a “For Sale By Owner” property, meaning that the owner is selling the property without the help of a listing agent.

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How pre-sale renovations are changing home sales

GeekEstate Agents & Brokers

For the last couple of decades, the real estate industry’s focus on improving the home sale experience has centered on speed. Marketing messaging promises faster sales, speedier loan processing, and quicker closings. The emergence of iBuyers and cash-backed offer programs promises to finalize a home sale “in as little as 10 days — or less.” Some home sellers want — and need — a faster sale.

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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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Good News if You’re Buying a House—Wave Goodbye to Waiving a Home Inspection

Lighter Side of Real Estate

Over the last couple of years, buyers have had to do everything they possibly could to compete. It wasn’t just about price; they also had to come in with as “clean” an offer as possible, which often meant waiving fairly standard contingencies. In case the term isn’t something you use in day to day life, a contingency is a clause in the contract that is in place to protect the buyer.

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Compass 2Q Report

BubbleInfo

Yesterday was the Compass 2Q earnings call (transcript here) and as usual, the headlines focused on the net loss of $101.2 million – more than half of which was stock-based compensation for agents. Compass has been very generous in their support of agents nationwide, and management is finding ways to effectively scale it back a […].

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BREAKING: ASB Announces Additional Extension of Current USPAP

McKissock

On August 11, 2022, the Appraisal Standards Board of The Appraisal Foundation announced that it would be extending the expiration date of the 2020-2021 USPAP publication by an additional year. Instead of expiring on December 31, 2022, the current USPAP will remain in effect until December 31, 2023. The announcement also stated that future editions of USPAP will have beginning effective dates but no expiration dates; this will afford the ASB “greater flexibility to thoroughly examine proposed cha

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5 claims real estate pros need to stop using in their marketing

The American Genius for Real Estate

I just wanted everyone to know that I am the “Number One Executive Evers,” I also help lead the “Number One Fastest Growing News Organization” in the world. We have the “Highest Reader Satisfaction On The Web,” and I was voted the “Best Wife In The World.” There, I said it. I’m a marketing pro! […]. The post 5 claims real estate pros need to stop using in their marketing appeared first on The American Genius Real Estate.

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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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Park Slope Beaux Arts Flat With Four Bedrooms, Pocket Doors, Parquet Asks $1.95 Million

Brownstoner

Capacious family-size prewar apartments are elusive in Brooklyn; here's one with two full bathrooms as well as seven rooms, including a dining room and four bedrooms. It's got windows on three exposures and a fair amount of classical detail such as moldings and parquet as well as modern updates. The unit… Read More > The post Park Slope Beaux Arts Flat With Four Bedrooms, Pocket Doors, Parquet Asks $1.95 Million appeared first on Brownstoner.

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FREE Webinar: The Appraisal Foundation 2022 Q3 Update

McKissock

On Wednesday, August 24, 2022, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “The Appraisal Foundation 2022 Q3 Update.” Participate in this Q&A session with Lisa Desmarais, Vice President, Appraisal Issues with The Appraisal Foundation (TAF). Hear about proposed changes to USPAP as well as an update on current AQB and ASB activities.

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Brooklyn Real Estate Listings Six Months Later: All Four Sold

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Marine Park, Clinton Hill and Park Slope. How did they fare? In addition to the intact vintage details, this 1931 Marine Park Tudor offers a garage and a location just a short… Read More > The post Brooklyn Real Estate Listings Six Months Later: All Four Sold appeared first on Brownstoner.

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5 Best Places to Buy Vacation Rental Property in Florida in 2023

Mashvisor

If you’re looking for new investment opportunities, here’s a list of the five best places to buy vacation rental property in Florida in 2023.

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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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Daily Links: Affordable Housing Projects Hampered by City Staffing Issues, Developers Say

Brownstoner

In the News Ukrainian Children Bring a Play From a Bomb Shelter to Brooklyn [NYT] Italy to New York: A Graduate Finds Her Dream Gig and a Brooklyn Pad [NYT] Gowanus Nonprofit Seeks Artists, Funds to Replace Iconic Mural [BP] Oma Grassa Is a Terrific New Pizza Spot in Fort Greene [BK Mag] Brooklyn Teens… Read More > The post Daily Links: Affordable Housing Projects Hampered by City Staffing Issues, Developers Say appeared first on Brownstoner.

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Ants in Your Apartment? Here’s Everything You Need to Know to Get Rid of Them Fast

Redfin

Like other pests, ants are likely to appear in any home – even apartment complexes. Although they are small, they are frustrating to deal with, and if left untreated, they can create an ant infestation. It’s essential to search for signs you have an ant problem and have the proper supplies to keep them out for good. So if you notice ants in your apartment in Brooklyn, NY , loft in Los Angeles , or anywhere in between, we’ve got you covered.

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NYCHA Tenants in Coney Island Plan to Sue Over Ongoing Gas Outages

Brownstoner

More than 50 residents of Coney Island’s O’Dwyer Gardens and Coney Island I Sites 4 and 5 are part of a lawsuit against the New York City Housing Authority for failing to fix their cooking gas in a timely manner. “We are proud to stand with the tenants of Sites 4… Read More > The post NYCHA Tenants in Coney Island Plan to Sue Over Ongoing Gas Outages appeared first on Brownstoner.

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Homebuilders are done until mortgage rates fall

Housing Wire

Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall. Housing completion data is still struggling to get some traction, but in the coming months, builders should be able to get more housing completions done while housing permits and starts for single-family homes are in decline.

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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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6 of the Top We Buy Houses for Cash Companies in Minneapolis

HomeLight

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of companies in this post do not constitute an endorsement. Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more.

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Southern California Housing Market Forecast 2022 & 2023

Marco Santarelli

Home prices & sales are moderating across the Southern California housing market. In Southern California, the median home price is not rising by double-digits anymore. That trend is over. After a two-year housing boom, the housing market in Southern California is finally moderating. In June, the median house price in Southern California declined 1.8% from May.

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When Will Mortgage Rates Go Down? It’s Hard to Say, But Housing Experts Weigh In

HomeLight

With mortgage interest rates in flux and trending upward after nearly two years of rock-bottom percentages, prospective homebuyers across the country are wondering when mortgage rates will go down again. While no one can predict these kinds of things with absolute certainty, understanding how mortgage rates work — including the factors that drive these numbers in the first place — can lend valuable context clues.

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Housing Starts Weaken in July

Eye on Housing

A sharp decline in single-family home construction is another indicator that the housing slowdown is showing no signs of abating, as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. Overall housing starts fell 9.6% to a seasonally adjusted annual rate of 1.45 million units in July, according to a.

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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.