Housing Wire
AUGUST 8, 2023
Plunk , an AI-powered home analytics platform, has introduced a new tool called Plunk Pro that aims to transform the real estate market by offering real-time insights into home valuation, risk assessment, and remodeling possibilities. The company’s new offering, Plunk Pro, provides real estate investors, advisors, and analysts with access to over 104 million homes nationwide.
Real Estate News
AUGUST 8, 2023
At a conference this week, Nick Bailey said the company’s value lies in its strong brand identity and agent experience — not downlines or profit sharing.
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Housing Wire
AUGUST 8, 2023
Consumers’ increased confidence regarding their personal financial situations was largely offset by greater pessimism toward home-buying conditions, Fannie Mae ’s home purchase sentiment index ( HPSI ) showed. The HPSI — which tracks the housing market and consumer confidence to sell or buy a home — rose a mere 0.8 points to 66.8 in July. The full index is up 4 points year over year.
Keeping Current Matters
AUGUST 8, 2023
Wondering if it still makes sense to sell your house right now?
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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.
Housing Wire
AUGUST 8, 2023
Real estate valuation technology company Clear Capital unveiled an automated underwriting risk analyzer solution called AURA on Tuesday. AURA integrates appraisal quality analytics driven by machine learning and photo AI into loan origination and order management platforms. Through the AURA API solution, technology partners can provide lenders with a consolidated version of all the necessary data to assess the risk associated with an appraisal.
Inman
AUGUST 8, 2023
At Inman Connect Las Vegas, real estate strategist Mike DelPrete explained the "unfair advantage" of the low-fee business models and how agents are the ultimate solution to the real estate industry's survival.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
AUGUST 8, 2023
Sue Yannaccone, the president and CEO of Anywhere Brands, also argued at Inman Connect Las Vegas that her company is well-positioned to thrive as the housing industry evolves.
Housing Wire
AUGUST 8, 2023
MonitorBase The most advanced and evergreen solution to turning databases into repeat business. Traditional lead-gen costs $3500 per funded loan to get new business, while MonitorBase helps the average originators close an extra deal or more each month for less than $150. Product Fast Facts #1 If you have 1,000 past clients, 100 of them buy and sell every year – of those, 81 will close their next loan with your competitor. #2 On average, Lenders spend $150 to fund a loan using MonitorBase.
Inman
AUGUST 8, 2023
Among bowls of lightly dressed, kale-Caesar salads and assorted rolls on industry trend-themed tables, an audience of C-level real estate, mortgage and technology executives sat down to hear Brad Inman chat with Tamir Poleg, Real Brokerage founder and CEO.
Housing Wire
AUGUST 8, 2023
loanDepot delivered its fifth consecutive quarterly loss in the second quarter of 2023, a period marked by a leadership shake-up and a business lines consolidation, according to documents filed with the Securities and Exchange Commission (SEC) on Tuesday. But the company’s financials are improving. The California-based mortgage lender had its second consecutive double-digit revenue gain amid increasing origination volumes and margins.
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Inman
AUGUST 8, 2023
The low-inventory problem has consumed many agents' minds for years. Top agents shared at Inman Connect how they stay ahead of the game by drilling down into some of these strategies.
Housing Wire
AUGUST 8, 2023
Today’s low-volume, purchase-focused market is more competitive than ever, as mortgage lenders work to win more market share than their neighbor and aim to be as profitable as possible. Compressed margins make it crucial to work as quickly and efficiently as they can, taking every opportunity to reduce costs and maximize every basis point of margin.
Inman
AUGUST 8, 2023
Real estate agent, podcast host, coach and event creator Claudia Inoa encouraged the Inman Connect Las Vegas audience Tuesday to be open to new opportunities.
Housing Wire
AUGUST 8, 2023
Douglas Elliman posted another quarterly loss as high mortgage rates and limited listing inventory continues to weigh on productivity. However, executives remain pleased with the company’s “impressive resilience.” During the company’s earnings call on Tuesday morning, Chairman and CEO Howard Lorber stated that Douglas Elliman outperformed many of its competitors during the second quarter.
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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.
Inman
AUGUST 8, 2023
During Inman Connect on Tuesday, Damian Eales, Realtor.com's newly installed CEO, revealed the marching orders he's received from Rupert Murdoch as he aim to scale the top of the portal game.
Housing Wire
AUGUST 8, 2023
Mortgage credit availability dropped to its lowest level since 2013 in July as receding origination volumes led to lower profitability for many lenders. Simultaneously, liquidity concerns persisted for some jumbo lenders. As a result, many companies tried to reduce their operational costs by narrowing their loan product offerings, according to Joel Kan, Mortgage Bankers Association ’s vice president and deputy chief economist.
Inman
AUGUST 8, 2023
The AI revolution is officially upon us. There's a tasteful way real estate agents can utilize the tool in their social media strategy while staying true to themselves, speakers shared at Inman Connect on Tuesday.
Housing Wire
AUGUST 8, 2023
Validate Validate is an innovative, digital, borrower-driven mobile app that provides fast, easy, reliable and objective property valuations for home equity lending. The solution combines property data, AI, a condition-adjusted AVM and photos input by the homeowner to deliver a quick, reliable way to determine property value and available equity.
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.
Inman
AUGUST 8, 2023
Sharing your Inman experience, or any real estate conference for that matter, on social media is actually a smart move, agent, host and comedian Karen Stone writes.
Housing Wire
AUGUST 8, 2023
Mortgage tech firm Lender Toolkit sued two mortgage lenders claiming that the companies failed to make payments while continuing to use its services and software solutions. Lender Toolkit accused Celebrity Home Loans and MLD Mortgage of breach of contract. Lender Toolkit says Celebrity owes at least $97,288 and MLD Mortgage $138,069. That’s according to separate filings made in the U.S.
Inman
AUGUST 8, 2023
A panel of venture capital investors at Inman Connect Las Vegas said funding had likely been delivered to new proptechs without enough diligence during the most recent bull cycle in the market. And now is the time to get "more prudent.
Housing Wire
AUGUST 8, 2023
Precision Marketing Unlike traditional customer retention methods, Precision Marketing helps you understand your customers’ needs in near real-time, allowing you to contact the right people at the right time with the right message. We remove the long lag between initial intent and engagement, giving you the edge you need to succeed in a highly competitive market.
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.
Inman
AUGUST 8, 2023
Zeroing in on skills development and action are the most effective ways to ensure your brokerage or team stays productive during a down market, Verl Workman said Tuesday at Inman Connect Las Vegas.
Housing Wire
AUGUST 8, 2023
Blend LO Mobile Blend Loan Officer Mobile offers sophisticated control at your fingertips. This robust application empowers business growth by ensuring immediate access to essential data, facilitating client communication, and providing strategic assistance for informed decision-making on-the-go. Product Fast Facts #1 Receive instant access to essential data to make effective decisions from anywhere at any time. #2 Facilitate smooth communication with clients and partners to enhance business gr
Inman
AUGUST 8, 2023
"Significant progress" in Federal Trade Commission negotiations have been reported since Black Knight's Empower loan origination system and Optimal Blue division were cut from the deal.
Maximum Exposure Real Estate
AUGUST 8, 2023
What to Know About Seller’s Property Disclosure Statements Seller’s disclosures are essential legal documents that provide buyers with information about potential issues or defects in a property. In most states, these disclosures are required to ensure transparency and protect buyers and sellers. The disclosures vary by state and typically include known problems such as structural […] The post Understanding a Seller’s Disclosure Statement in Real Estate appeared first on
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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.
Inman
AUGUST 8, 2023
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally "bullied" into change.
RIS Media
AUGUST 8, 2023
The agent-team model is reaching new heights of success in today’s real estate environment. With challenges such as high prices and low inventory persisting, many agents have been met with challenges of their own in finding business. Teaming up breeds success for many agents in a market full of obstacles. Forming a team and running… The post CEO Exchange Previews: Evolving Team Structures and Operating a Successful Team appeared first on RISMedia.
Inman
AUGUST 8, 2023
Plunk Pro offers investors, advisors and analysts access to real-time information on the housing market, the AI-powered home valuation and analytics company announced Tuesday.
RIS Media
AUGUST 8, 2023
With mounting concern over commission lawsuits threatening the structure of the residential real estate industry, speakers at next month’s CEO & Leadership Exchange will confront the topic head-on to reveal both the degree of risk and potential strategies for the eventual outcome. This is just one of many top-priority issues that will be in focus… The post Industry Lawsuits, Housing Regulation, Changing Economy in Focus at September Event appeared first on RISMedia.
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.
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