Thu.Sep 01, 2022

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Bots are helping title industry automate tech gaps

Housing Wire

It’s becoming clear that the settlement services industry, long reluctant to adopt new technology, is finally moving in the direction of comprehensive automation. For an industry where processes, clientele and compliance requirements vary dramatically from state to state or even county to county, this is great news. That lack of national uniformity means that manual processes, “stare and compare” tasks and data entry — one keystroke at a time — continue to be done by hand to the detriment of pro

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New Homes May Have the Incentives You’re Looking for Today

Keeping Current Matters

According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country.

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Did Suburban Mortgage shut down?

Housing Wire

Arizona-based mortgage lender Suburban Mortgage Inc. ’s website is down and employees’ emails are disabled, indicating that the company apparently shut down its operations and laid off its employees. HousingWire reached out to representatives for the company, but they did not respond to requests for comments. A former employee told HousingWire that executives sent an email on Friday morning informing them about the decision to cease operations by 4:30 PM that day.

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Surprise! Google searches for “sell my house” explode

Real Trends

It looks like inventory is about to get a boost. An analysis of Google search data reveals that searches for ‘sell my house’ exploded 147% in the United States as of July 2022 — the highest level in internet history for America, according to luxury real estate platform RubyHome. This comes as Americans face rising property and rent costs, with fears of a recession looming.

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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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Total Expert’s Customer Intelligence drives hundreds of new originations by looking for signals from customers

Housing Wire

As lenders continue to pivot strategies after last year’s record-breaking refinance volume, they’ve quickly found that, in this market, every mortgage counts. To make the most of it, lenders must be able to engage borrowers seeking to refinance cash out of their home, to purchase a new home and even the rare rate refinance. The good news is that there is a solution that helps lenders do just that.

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How Do Today’s Mortgage Rates Compare with Historical Rates?

HomeLight

Click on a news site recently and you’ll see blaring headlines — Largest rate hike in decades! Mortgage rates rise! If you’ve been thinking of buying soon, or were trying to wait out the seller’s market during the pandemic, you might be feeling a little frustrated. Did you really wait for prices to normalize only to pay more for your mortgage? Before panicking, it’s helpful to examine today’s mortgage rates with their historical context.

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More Trending

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Private Residential Spending Slides in July

Eye on Housing

Private residential construction spending declined further in July, as rising mortgage rates and elevated construction costs put a damper on the market. It fell 1.5% in July, down for the second straight month, according to NAHB’s analysis of the Census Construction Spending data. Private residential construction spending was 14.1% higher year-over-year.

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Rocket Pro TPO to offer home equity loan products

Housing Wire

Rocket Pro TPO is diversifying its product portfolio by offering home equity loans to brokers by mid-September amid increased competition in the wholesale channel. The move follows Rocket Mortgage ‘s roll out of home equity loans in August as the firm tries to capitalize on Americans’ strong home equity positions. . With the Rocket Pro TPO product, homeowners can access to up to $350,000 of their home’s equity in a 10- or 20-year fixed-rate loan with a loan-to-value ratio of up to 90%, the

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Beaches, Mountains, Sunshine? Yes, Please. Here’s How to Buy a California Home

HomeLight

With 39 million people who call it home, California is the most populous state in the U.S. and ranks third in total area behind Alaska and Texas. With this in mind, starting to house shop in California can be overwhelming. With so many people and rising home prices, it can be downright intimidating. But, it doesn’t have to be! We’re here to walk you through the steps of buying a home in California.

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Help The World’s Bravest Kids Get Back Home Even Faster

Coldwell Banker

September Is Childhood Cancer Awareness Month. The post Help The World’s Bravest Kids Get Back Home Even Faster appeared first on Coldwell Banker Blue Matter.

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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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Where to Start When Buying A Home: Your First 7 Steps, Explained

HomeLight

The skimpy heat and dreadful-looking carpeting in your apartment have finally worn thin and you’ve decided it’s time to buy a house. You’ve scrolled through listings and researched neighborhoods way past your bedtime. Maybe you’ve even opened a savings account and have made steady progress toward saving for a down payment. While homebuying seems daunting, you feel ready to jump in.

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5 Ways Automation Can Set Your Leasing Team Up for Success

App Folio

Today’s renters expect a seamless leasing experience, whether that happens virtually or in person. However, with recent changes happening in.

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What Does the Term PUD Mean In Real Estate? Your Questions Answered

HomeLight

While looking at potential neighborhoods for your home search, you might come across a community with uniform-looking homes, grouped close together. Each house is a similar size and color and they’re surrounded by luxurious pools, tennis courts, state-of-the-art fitness centers and private parks. Nearby, there are grocery stores and shopping centers dotted along well-maintained roads and walking trails.

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Blockchain’s Very Real Impact on Real Estate

Realty Biz

Blockchain is a digital technology that is transforming the fabric of modern life. Blockchain is the technology behind cryptocurrency and has many benefits. Blockchain is affecting all industries and is becoming a crucial tool for education, business, and data security. Real estate has traditionally been a brick-and-mortar business for people who prefer tangible assets.

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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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What Are the Fiduciary Duties of a Buyer’s Agent? Here is What You Need to Know

HomeLight

Disclaimer : This article is meant to be used for educational purposes only and is not intended to be construed as legal advice. HomeLight always encourages you to reach out to an advisor regarding your own situation. If you step into a doctor or lawyer’s office, you’d expect them to act in your best interest. In the case of a doctor, that could mean offering you proper medical advice and disclosing any health risks you may be facing.

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4 Questions You Must Answer Now About the Future of Your Career

Tom Ferry

You’ve probably heard the saying, “It’s the rich and the rest.” And when we look at MLS data from 2021, it’s hard to deny that there’s some truth to it. When just 25% of all agents are handling nearly 75% of the transactions, it really is survival of the fittest. You cannot make a living […]. The post 4 Questions You Must Answer Now About the Future of Your Career appeared first on Tom Ferry.

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Unpermitted Additions: Here’s What You Need to Know Before Buying a Home with DIY Renovations

HomeLight

Disclaimer : This article is meant to be used for educational purposes only and is not intended to be construed as financial or legal advice. HomeLight always encourages you to reach out to an advisor regarding your own situation. Imagine you’ve found your dream home — it has the perfect amount of space for your family, large windows that let in morning light, and a backyard patio with plenty of space for entertaining on warm summer evenings.

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A Progress Report on Industry Success Story Market Leader

Realty Biz

Market Leader is a real estate lead generating and CRM platform that became super popular for providing real estate agents with a suite of tools/features no competitor can boast of. Beautiful websites (as below), a popular marketing platform, and what’s been dubbed a “ cutting-edge CRM,” have powered the platform to notoriety. So, I thought I would take a look because the industry has long needed a holistic marketing suite.

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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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Your Ultimate Guide to Buying a Home in Connecticut in 14 Steps

HomeLight

It might be the third smallest state in the U.S., but tiny Connecticut definitely packs a punch when it comes to history, culture, and overall quality of life. Connecticut residents enjoy four seasons, the picturesque combination of coastal shores and mountain ranges, and a mix of country and city living. Its proximity to New York only adds to the appeal, with commuters often choosing the less-expensive option of buying a home here, with weekend getaways to Broadway shows just a quick train ride

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Smart Home Security Concerns and Solutions

Realty Biz

A smart home is an ecosystem of devices and smart appliances that work together to make life more convenient. Since these devices are interconnected through a network, smart homes also bring security risks. This article will explain some of those risks and provide solutions so you can safely enjoy the benefits of a smart home. Weak network and IoT device credentials.

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From Paying Up to Walking Away — Your Options For If The Appraisal Comes In Low

HomeLight

You found the perfect house — and to be sure you got the contract, you met the seller’s asking price or even bid a little higher than asking. Once you have the purchase agreement in hand, you might think there are no more obstacles in your way, but the home still has to appraise for the amount you agreed to pay for it. Before the pandemic created a hot market, about 8% of appraisals came in lower than the offer on the home.

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BETTER HOMES AND GARDENS® REAL ESTATE BRAND EXPANDS OKLAHOMA PRESENCE WITH AFFILIATION OF BETTER HOMES AND GARDENS GREEN COUNTRY

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Green Country based in Tulsa, O.K., which expands the brand’s service area in the Sooner State. The firm was established in 2018 by U.S. Navy veteran, Kristy Kowalski and serves Northeast Oklahoma, including Tulsa, Owasso, Jenks, Bixby, Broken Arrow, Sand Springs, Sapulpa, Stillwater, Kifer and Coweta.

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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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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

When you think of Florida, the first thing that comes to mind might be Disneyworld®, Miami, and of course those endless miles of white sandy shoreline. And while those are all great perks, there’s a lot more to the Sunshine State than amusement parks and beaches. Florida, which averages 237 sunny days a year (hence the Sunshine State moniker), is known for its generally mild climate and an abundance of outdoor activities.

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Quick Ways to Make Money off of Land

Realty Biz

The rewards for land owners depend on the amount of effort and time invested in the land. So take your time and explore your possibilities for making money from your land. Some require a lot of effort and interaction with resources, while others require less. To help you make your decision, we’ve listed some quick and easy ways to profit from your land.

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Can You Still Buy a Home If You Have Student Loan Debt? Here Is What You Need to Know

HomeLight

Millennials, or those born between the years 1980 to 1998 , have long dominated the consumer market. As such, this generational group should have also taken over the real estate market. But millennials continue to fall short of the classic American dream of being a homebuyer. Why might that be? Well, hello there, student loan debt. Owning a home has always been an expensive endeavor, yet coming-of-age homebuyers already face financial burdens from their college days.

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Legacy Roofing Receives 2022 Perfection Award

Realty Biz

Legacy Roofing Services , one of the largest roofing service providers in the United States, recently received the 2022 Perfection Award from Carlisle SynTec Systems, one of the largest manufacturers of roofing systems. The award was in recognition of their quality workmanship, extensive experience and exceptional value delivered to customers. “Legacy Roofing exemplifies dedication to quality and excellence,” said Mike DuCharme, vice president of marketing for Carlisle SynTec Systems.

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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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The Insider: Architect’s Own South Slope Row House Grows Up and Out, Prioritizes Energy Saving

Brownstoner

Got a project to propose for The Insider? Please contact Cara Greenberg at caramia447 [at] gmail [dot] com. It sounds a bit like something out of an old folk tale, but architect Michelle Krochmal of Brooklyn-based Filament Architecture Studio and her husband spent months scouring Brooklyn neighborhoods from Greenpoint to Ditmas Park… Read More > The post The Insider: Architect’s Own South Slope Row House Grows Up and Out, Prioritizes Energy Saving appeared first on Brownstoner.

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NSDCC List Price vs. Sales Price

BubbleInfo

Want proof that Jay Powell has tamed the housing frenzy, and reversed the trend of buyers having to pay well over the list price to win a house? Here are examples of the list and sold prices of August home sales between La Jolla and Carlsbad – note the relationship to the days-on-market (DOML): So […].

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Live in Norman Mailer’s Former Heights Aerie With Bookcases, Terraces, Views for $8,500 a Month

Brownstoner

This singular penthouse with sweeping views of New York Harbor and the Statue of Liberty at one time served as Norman Mailer's writing studio, where he wrote "The Executioner's Song," back when he owned the entire Greek Revival house at 142 Columbia Heights. When he took the circa 1840s Brooklyn… Read More > The post Live in Norman Mailer’s Former Heights Aerie With Bookcases, Terraces, Views for $8,500 a Month appeared first on Brownstoner.

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Frenzy Cruise 7

BubbleInfo

There may not be many more of these! At the end of the video, I promised some pricing data and of course the MLS is down tonight so if you came to see list prices vs. sales prices, check back tomorrow.

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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.