Wed.Jul 20, 2022

article thumbnail

How to Ace the Follow-up After a Listing Appointment

Agent Fire

Without proper follow-up after a listing presentation, you could lose interested clients and great referrals down the line. Ace the follow-up with this advice. How to Ace the Follow-up After a Listing Appointment is just one of many great real estate strategies on The Spark.

83
article thumbnail

Existing home sales are still savagely unhealthy

Housing Wire

The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot — inventory is rising. We still have the unhealthy dynamics of noticeable sales declines, but prices are still growing year over year. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. history.

Sales 511
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should You Buy a Home with Inflation This High?

Keeping Current Matters

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.

224
224
article thumbnail

Mortgage applications dipped 6% continuing 3-week decline

Housing Wire

Weakening economic outlook, high inflation and affordability challenges took a toll on buyer demand, leading to a drop in both purchase and refi applications last week, according to the Mortgage Bankers Association (MBA). The market composite index, a measure of mortgage loan application volume, declined 6.3% for the week ending July 15, the MBA said.

Mortgages 373
article thumbnail

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.

article thumbnail

Getting a Home Loan With Low or No Down Payment

Realty Biz

Saving for a down payment was always difficult for first-time buyers, but the recent increase in home prices has made things much more challenging. Finding a sizable down payment on a house of 10% or 20% can be daunting, but there are other options. Buyers do have a low down payment choice from federal programs, and there are assistance programs too.

Loans 143
article thumbnail

Logan Mohtashami to lead housing super session at HW Annual Oct. 3-5

Housing Wire

Mortgage interest rates are up, housing inventory is down and demographics still show there’s a ton of demand. Given the current economy, how are housing professionals supposed to stay competitive the rest of the year and beyond? To help address this question and more, we’re excited to feature HousingWire Lead Analyst Logan Mohtashami at HW Annual Oct. 3-5 , where he will share his forecast for the future of the housing market.

Lending 367

More Trending

article thumbnail

Enjoy Creativity and Community With the Return of the Annual Bed Stuy STooPS Art Crawl

Brownstoner

The stoops and sidewalks of Bed Stuy will once again be art-filled with the return of the annual STooPS Art Crawl, which brings locals out to share their skills and connect with neighbors. Begun in 2013, the one-day event encourages the hosting of performances and display of art in yards,… Read More > The post Enjoy Creativity and Community With the Return of the Annual Bed Stuy STooPS Art Crawl appeared first on Brownstoner.

129
129
article thumbnail

Enlist the Magic of Marketing Automation

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the Geek Estate Mastermind. Today’s showcase: Collabra]. A provider of digital marketing technology and services, Collabra offers a suite of products to help agents automate marketing materials and reach more buyers for each and every listing. Marketing assets in multiple media formats is particularly difficult for agents and teams handling multiple listings at a time so enlisting a marketing automation to

Marketing 125
article thumbnail

Does the Cooling Market Mean You Can’t Still Get a Historically High Price for Your House?

Lighter Side of Real Estate

If you’ve been thinking about selling your house, you’ve probably heard that the market’s cooling off, or “resetting” (as Federal Reserve Chairman, Jerome Powell, recently put it.) So you might be wondering if that means you won’t be able to get as much money for your house as your neighbors did a few weeks back. On the other hand, there are still reports that house prices are still rising, like in this realtor.com article , which makes you wonder if you could actually get more money than they d

Marketing 120
article thumbnail

‘Rich Dad, Poor Dad’ author Robert Kiyosaki selling oceanfront home in Hawaii for $7.35M

Fancy Pants Homes

Since Robert Kiyosaki’s book, Rich Dad, Poor Dad was first released in 1997, it has become a financial bible to people worldwide. Readers claim that the #1 New York Times bestseller has transformed their vision of money, changed their perception of wealth, and helped them realize their dreams of achieving financial freedom. For the uninitiated, the book is all about the importance of financial literacy, building wealth through assets, starting businesses, and investing in real estate.

Marketing 119
article thumbnail

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.

article thumbnail

Existing Home Sales Fall for the Fifth Straight Month

Eye on Housing

As rising mortgage rates and higher home prices weighed on housing affordability, existing home sales declined for five consecutive months, according to the National Association of Realtors (NAR). The trend in home price appreciation continued albeit at a slower rate as supply finally showed sign of improvement. The median existing home prices in June continued to surpass $400,000, the highest.

Sales 116
article thumbnail

Fundrise launches $1B fund to invest in real estate technology

Realty Biz

Real estate industry investment platform Fundrise has announced a new, $1 billion fund as part of its bid to expand into the technology space. The new “innovation fund” , as it’s called, aims to make real estate technology investments easier and more affordable for all U.S. residents. Anyone who lives in the U.S. can invest in the fund, Fundrise said, at the cost of a 1.85% flat management fee.

article thumbnail

Home sales dip 5.4% in June, days on market hit historic low

The American Genius for Real Estate

Existing home sales fell in June, the median home price hit a historic high, and the average days on market also hit a historic low. Combined with rising interest rates squeezing even more folks out of the market, the housing market is in new territory. The post Home sales dip 5.4% in June, days on market hit historic low appeared first on The American Genius Real Estate.

article thumbnail

Post-Frenzy Definitions

BubbleInfo

The doomers are hoping to drive the real estate market into hysterics, just for fun. It’s easy for buyers and sellers to get caught up in it too, and think the sky is falling. Let’s identify the terms, what doomers want you to believe, and the truth: Inventory Surge Doomers: Sellers are hitting the panic […].

Marketing 105
article thumbnail

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.

article thumbnail

Existing home sales continue spiraling, prices rise “too sharply” too quickly

Real Trends

As the housing market continues to cool, existing home sales fell in June for the fifth consecutive month. The seasonally adjusted sales rate for existing homes fell 5.4% month over month to a seasonally adjusted annual rate of 5.12 million, according to a report from the National Association of Realtors (NAR) released Wednesday. The sales pace is down 14.2% compared to a year ago.

Sales 103
article thumbnail

JtR in Scripps Ranch!

BubbleInfo

Check out our new listing of a turnkey newer one-story home in Scripps Ranch! 11684 Petenwell Rd., San Diego 92131 3 br/2 ba, 2,207sf YB: 1996 HOA = only $42/month, and no Mello-Roos LP = $1,695,000 We will be open 12-3pm this weekend! Are you looking for a newer one-story home that is turnkey ready? […].

105
105
article thumbnail

Should You Buy a House in The Suburbs: Pros and Cons Explained

Maximum Exposure Real Estate

Tips For Buying a Home in The Suburbs One of the questions many buyers will ask themselves is should I buy a house in the suburbs or remain in the city. A Real Estate agent will also be questioned about the housing market and home prices in the suburbs vs. the city. It is not […]. The post Should You Buy a House in The Suburbs: Pros and Cons Explained appeared first on Maximum Real Estate Exposure.

Agents 100
article thumbnail

Interview with our Mortgage Broker, Tony (Part 1)

Toronto Realty Blog

TorontoRealtyBlog. Everybody wants to talk about interest rates, mortgages, and inflation! Inflation, eh? I never thought there would come a day when this is a common topic of discussion. As promised, Tony Della Sciucca is here to answer your mortgage questions! The post Interview with our Mortgage Broker, Tony (Part 1) appeared first on Toronto Realty Blog.

article thumbnail

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.

article thumbnail

Comedian’s ‘Life After Death’ Brings Comedy and Grief Together at Greenpoint Funeral Home

Brownstoner

On the last Saturday of every month, as comedians all over New York City are stepping onto stages to perform their sets, Brooklyn-based comedian Ben Wasserman is stepping to the front of a pastel-painted room in a Greenpoint funeral home to perform his newest show, “Life After Death.” The venue is… Read More > The post Comedian’s ‘Life After Death’ Brings Comedy and Grief Together at Greenpoint Funeral Home appeared first on Brownstoner.

Staging 82
article thumbnail

Recruiting in a Tight Labor Market: 5 Strategies for Association Management Companies

App Folio

Are you feeling the pain of the labor shortage as you search for quality employees to help manage your associations?

Marketing 103
article thumbnail

Daily Links: Brooklyn Parents, Teachers Sue to Stop NYC School Budget Cuts

Brownstoner

In the News New York City Will Get Its Own Heat Wave This Week [NYT] Crew Member Shot Dead on ‘Law & Order’ Set in Greenpoint: Cops [NYP] NYC Parents, Teachers Sue DOE Over Massive School Budget Cuts [NYP] City Kicks Off 30th Annual Restaurant Week at Gage & Tollner [BP] Smith Street Spot Has… Read More > The post Daily Links: Brooklyn Parents, Teachers Sue to Stop NYC School Budget Cuts appeared first on Brownstoner.

79
article thumbnail

7 questions to ask before joining a real estate team

Real Trends

New to real estate and thinking about joining a team? Perhaps you’ve done it on your own and an opportunity to join a team presents itself. Joining a real estate team can have many benefits, including brand recognition and shared workloads. But, it’s important to research and ask important questions before you accept a position. Taking the time to ensure it’s a mutually good fit will save you stress and heartache down the road.

article thumbnail

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.

article thumbnail

Top Kitchen Design Trends to Consider for Your Renovation

RISMedia

By Meghan Belnap Renovating is a time when the excitement of having a new kitchen space becomes heavy with choices and long-term decisions. With so many options to choose from, the process can feel like more of a burden than a joy. But it doesn't have to be that way. By keeping up with the […]. The post Top Kitchen Design Trends to Consider for Your Renovation appeared first on RISMedia's Housecall.

article thumbnail

Video of the Week: Inside Steamboat Springs, Colorado’s Sky River Ranch

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ????. Steamboat Springs, Colorado | Adrienne Stroock & Barb Shipley, Steamboat Sotheby’s International Realty. Perched overlooking the Valley, Sky River Ranch exudes quality and craftsmanship, striking the perfect balance of luxury and function, and providing owners and their guests all the comforts of a modern oasis.

74
article thumbnail

How deepfake images could infiltrate the housing market

The American Genius for Real Estate

The rise in quality of deepfakes has even lead to the development of fake images in geography and housing, especially with satellite imagery. Here's what to look out for. The post How deepfake images could infiltrate the housing market appeared first on The American Genius Real Estate.

article thumbnail

Average Rent in Manhattan Now at $5,000; Occupancy Rate Below 40%

Mashvisor

For the first time in New York’s history, the average rent in Manhattan reaches $5,000 per month while the occupancy rate drops below 40%.

article thumbnail

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.

article thumbnail

Secrets Revealed: 17 Hidden Gems in Phoenix You Need to Check Out

Redfin

There are many fun activities to do in Phoenix, AZ , from visiting the Musical Instrument Museum to watching an Arizona Cardinals game. It’s clear that living in Phoenix comes with many perks and unique activities. However, if you are looking for something that is more under-the-radar, figuring out what to do can be a challenge. That’s why we reached out to locals to give us their favorite hidden gems of Phoenix.

As-is 62
article thumbnail

How to Find Good Investment Properties

Mashvisor

Knowing how to find good investment properties is one of the most important things investors need to do to increase their chances of success.

article thumbnail

How to Win a Bidding War When Buying a House

Windemere Buying

In a seller’s market , many buyers are competing for a limited number of homes. This creates fierce competition amongst buyers and ideal selling conditions for sellers. Sellers will commonly receive multiple offers for their home, often over their original asking price. As the offers stack up, bidding wars will ensue, since only one buyer can ultimately win.

article thumbnail

Gen Z

Yardi Marketing

What do you call a group of diverse digital natives and entrepreneurial decision-makers with the ability to change the multifamily industry? This title belongs to Generation Z, the largest and most tech-savvy group of renters yet. Last summer, REACH by RentCafe conducted a survey to better understand Gen Z’s search habits , but members of this generation are now a year older.

Title 52
article thumbnail

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.