Thu.Dec 01, 2022

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Kick Start Your 2023 Real Estate Goals By Finishing Strong This Year!

Lab Coat Agents

The majority of us make our New Year’s resolutions and goals on January 1st. However, January may not be the best month to get started on your goals. Jumping directly into your new year goals can lead to exhaustion or even abandonment of your dreams into the new year. “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.

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How smart home technology increases property value in a challenging market

Housing Wire

Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. “Smart home technology, whether it be keyless entry locks, smart thermostats or leak sensors, these are all things that, five or six years ago, were still pretty new to the marketplace,” said Andre Sanchez, COO of Rently, a smart home and self-guided touring solutions provider.

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What You Want To Know If You’re Pursuing Your Dream of Homeownership

Keeping Current Matters

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead.

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Wells Fargo makes further deep cuts to its mortgage division

Housing Wire

Wells Fargo , the largest depository mortgage lender in America, cut hundreds of home lending jobs across the country on Thursday. Bloomberg first reported the news of the layoff, which is just the latest round of cuts for a lender that’s been open about its retreat from the upper echelon of the mortgage rankings. The company declined to state how many jobs were shed on Thursday.

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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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Canada’s Real Estate Bubble Is Approaching The Largest In History

Better Dwelling

Canada’s real estate bubble has blown past the 90s bubble, and is going for the biggest of all time. National Bank (NBF) data shows affordability in Q3 2022 eroded to the worst level since the early 1980s. Just like the 80s bubble, they don’t expect this one to persist for much longer. Affordability is expected […]. The post Canada’s Real Estate Bubble Is Approaching The Largest In History appeared first on Better Dwelling.

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Fintech Hitch launches new HELOC platform

Housing Wire

Austin fintech startup Hitch has rolled out a HELOC platform to help homeowners tap into more than $100 billion in government grants available for home renovation. Established at the start of 2022, Hitch will give qualified owners access to up to 90% of the equity locked in their homes, the company said Thursday. One of the biggest benefits for Hitch users is speed, the company said.

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Mortgage Coach integrates with Polly’s PPE

Housing Wire

Sales Boomerang and Mortgage Coach announced an API integration between Mortgage Coach and SaaS technology provider Polly on Thursday. Real-time data from Polly’s cloud-native Product and Pricing Engine (PPE) will feed into Mortgage Coach Total Cost Analysis (TCA) presentations through this integration, providing home loan comparisons for borrowers.

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Buying or Selling Your Home? Understand the Term “CMA”

Realty Biz

If you’re new to the world of real estate, the term “CMA” might be a little confusing. The article below explains what a CMA is, how it works, and how it differs from an official appraisal. Keep reading to learn how you can get started figuring out how much a property is worth. What is a comparative market analysis (CMA)? At its core, a comparative market analysis (CMA) is a report that helps readers to estimate the value of a property based on the sale prices of other, similar properties that h

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Powell’s speech was a direct hit to mortgage rates

Housing Wire

The Federal Reserve Chairman Jerome Powell said during a Wednesday afternoon speech at the Brookings institute that monetary policy affects the economy and inflation with uncertain lags, and the full effects of the ongoing tightening have yet to be felt. The mortgage market, however, tells a different story. So far, the market has quickly reflected the impact of the Fed’s moves.

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Why Costa Rica is a Hub for Sustainable Home Design

Sotheby's International Real Estate

Brian Neal – Costa Rica Sotheby’s International Realty. Costa Rica has never been afraid to buck convention. In 1948, the tiny Latin American country retired its military so it could put more money into health and education. It also reversed the destructive deforestation common across South and Central America in order to show the world that land doesn’t have to be agricultural to be productive.

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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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Expansion-hungry Guild gobbles up Inlanta Mortgage

Housing Wire

San Diego, California-headquartered retail lender Guild Mortgage is staying true to its words of expanding through acquisitions. The company announced on Thursday it has acquired the Wisconsin-based lender Inlanta Mortgage – which earlier that day said it would be winding down operations in 2023 – to increase its purchase loans portfolio and its market penetration in the Midwest.

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3 Overused Holiday Decor Trends—and What’s Taking Their Place This Year

Realtor.com

Getty Images There are two kinds of approaches to decorating for the holidays: Either you start pulling the lights out of storage before summer even turns into fall, or you deck the halls mere days—maybe hours—before Santa Claus arrives. But regardless of how early you start decorating for Christmas, there’s a good chance you’re tired of looking at the same red and green plaid Christmas tree skirt year after year.

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[Updated]: Inlanta Mortgage to wind down operations

Housing Wire

Editor’s note: Following publication of this story, HousingWire learned that Guild Mortgage had struck a deal to acquire Inlanta Mortgage. For more details, click here. Wisconsin lender Inlanta Mortgage announced plans to shut down next year after laying off 62 employees. Inlanta was planning to expand in the summer, but the company failed to stay afloat amid worsening market conditions. “Due to the dramatic and unanticipated drop in mortgage product demand, business circumstances ha

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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

A comparative market analysis (CMA) determines the market value of a property by comparing it to similar properties that have recently sold, as well as to those currently listed for sale. A CMA is a crucial tool for listing agents determining the right sale price for a property. It’s also a tool for buyer’s agents advising their clients to make competitive offers.

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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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HousingWire Magazine: December 2022/January 2023

Housing Wire

Brena Nath, Director of HW+ and Events. AT THE END OF EACH YEAR I always get nostalgic looking back on the key moments that defined the year. 2022 was a unique one, as much of the year served as a transition. We were coming off a housing market like nothing we have ever seen before — with the years prior establishing record-setting origination volume.

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2023 Forecast

BubbleInfo

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Rick Palacios Jr., Director of Research and a Managing Principal at John Burns Real Estate Consulting, to talk about what to expect in the real estate market in 2023. Rick discusses the company’s latest research on homebuilder sentiment, shares their latest forecast […].

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HousingWire Magazine: December 2022/January 2023 Supplement

Housing Wire

Maleesa Smith. IF YOU’RE LISTENING to the objectively smart voices in the industry, I hope by now you’ve heard the refrains of “win in any market,” “lean into the chaos” and “growth mindset.”. If you haven’t, I urge you to do a quick audit of everyone you follow. (Quick plug: My team is producing content on HousingWire.com and RealTrends.com every week that helps you build your business, and some of that includes curated lists of folks to follow on every social media platform.

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NSDCC, Last Six Months

BubbleInfo

Yesterday a guy said he wasn’t interested in anecdotal evidence and just wanted to see the data. But we were talking about the buyer demand in 2023, of which we have no data yet. In addition, the data we do have doesn’t have to repeat itself or be a trend, because every month we have […].

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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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The Benefits of Small-Sized Riding Mowers

Realty Biz

If you're looking for a compact riding lawn mower that is easy to use and maintain, you should consider buying a small-sized riding mower. These lawnmowers are perfect for people who have a small yard or acreage to maintain. They are also great for people who don't want to deal with the hassle of using a tractor or large riding lawn mower. In this blog post, we will discuss many of the benefits of owning a small-sized riding lawn mower.

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The Property Brothers Spot 3 Tiny Features That Will Instantly Date a Whole House

Realtor.com

HGTV Jonathan and Drew Scott know that home trends come and go, and the latest “ Property Brothers: Forever Home ” highlights just how ’80s a house can get. In the episode “The Next Multigeneration,” the HGTV stars are called to remodel the El Segundo, CA, home that Nina grew up in. Her grandparents lived there; her mother, Chiqui , still lives there; and now, Nina and her husband, Nick , want to move in with their toddler twins.

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3 Easy Ways to Promote Open Houses on Facebook

Agent Drive

Today, most agents dismiss open houses as ineffective. Who cares about open houses when all the information is on tap away, right from your phone. Naturally, agents are thinking of abandoning this idea. But could it be a premature assumption to make? And what if you can harness the power of the world’s most popular social media […]. The post 3 Easy Ways to Promote Open Houses on Facebook appeared first on AgentDrive.

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How to Manage an Online Audience with Advertising Banner Ads

Realty Biz

Digital marketing is all about using content to drive traffic to your website. It's a well-known strategy in the world of real estate, as so much of a real estate professional's brand growth and awareness is sourced from online environments. Today, developing leads means using digital tools to do so, whether it's through sending emails to an established list, promoting content on social media, or any other method.

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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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Crown Heights Limestone Unit With Mantel, Bay Window, Den Asks $3,350 a Month

Brownstoner

A one-bedroom in the Crown Heights North Historic District has historic details, including a mantel, and windows on three exposures. It's on the penultimate floor of a four-story 1890s Romanesque Revival limestone across from Brower Park. The unit at 869 St. Marks Avenue has four rooms, including a living room with… Read More > The post Crown Heights Limestone Unit With Mantel, Bay Window, Den Asks $3,350 a Month appeared first on Brownstoner.

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6 Tips to Post Smarter on Social Media in 2023

HomeLight

As agents, you’re expected to know the latest real estate industry trends. But staying on top of social media trends is a different story. Social media is undoubtedly a valuable tool to help grow your business. But to reap the benefits, it’s important to know what and how you should post because things are changing fast for 2023. And with so many platforms around, it’s a challenge to keep abreast of all the changes that are critical to your social media success.

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Residents by the numbers: what they want and really care about

App Folio

Today’s residents value an elevated living experience more than ever. Our 2022 U.S. Resident Motivations report found that while 70%.

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Advice From a Mortgage Pro: Not All Your Credit Scores Are Equal

Brownstoner

In this series of articles, mortgage pro Barry Koven, originating branch manager at CrossCountry Mortgage in Brooklyn, explains some basic facts about mortgages and demystifies the process of getting one. One thing to understand is credit scores and how they affect your ability to get a mortgage and your interest rate.… Read More > The post Advice From a Mortgage Pro: Not All Your Credit Scores Are Equal appeared first on Brownstoner.

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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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How’s Your Mental Filter Shaping Your Future?

Tom Ferry

Is your mental filter serving you or distracting you? It’s December again, the season for getting together with family and all those people you may have not seen in a while. A time for checking in and catching up with past clients and friends. And if we know what’s best for us, a time […]. The post How’s Your Mental Filter Shaping Your Future?

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4 of the Top We Buy Houses for Cash Companies in Odessa, Texas

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 Odessa area 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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Owner Departs on ‘Vacation’ Before Eviction, Leaving Bed Stuy Cafe Staff Unpaid: Workers

Brownstoner

The owner of Bed Stuy’s former Cafe Tucum left the country for a Brazilian holiday a few weeks before the cafe was evicted from its Patchen Avenue building and did not paid his staff for more than a month, former employees allege. The former employees, who asked not to be… Read More > The post Owner Departs on ‘Vacation’ Before Eviction, Leaving Bed Stuy Cafe Staff Unpaid: Workers appeared first on Brownstoner.

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6 of the Top We Buy Houses for Cash Companies in Plano, Texas

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 Plano area 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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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.