Wed.Feb 23, 2022

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Be the Tom Brady of real estate

Real Trends

Tom Brady, who just retired as the Tampa Bay Bucs quarterback at age 44, can teach everyone in the real estate a great deal. While Brady is an extreme example of hard work and obsession with his craft, there are four traits that he has that you can work on to better your craft. They are confidence, hard work, fearless and obsessed. Believe in yourself.

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Mortgage apps continue downward trend

Housing Wire

Mortgage applications decreased 13.1% for the week ending Feb. 18 to the lowest level since December 2019, as mortgage rates eclipsed the 4% mark. The Mortgage Bankers Association ‘s seasonally adjusted refi index fell 15.6% from the previous week, bringing its share of total applications to almost equal the purchases share at 50%. Meanwhile, the purchase index dropped 10.1%, falling again for the third straight week.

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How Supply and Demand Can Impact Your Buying and Selling Goals

Keeping Current Matters

In today’s housing market, there are far more buyers looking for homes than sellers listing their houses.

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What are you wearing to the Offerpad profitability party?

Housing Wire

Offerpad CEO Brian Bair. Get out the streamers and kazoos and start preparing the hors d’oeuvres – an iBuying company has reported a year’s worth of profitability. Offerpad Solutions generated $6.5 million for the year 2021, company CEO, chairman and founder Brian Bair reported on an earnings call Thursday, a turnaround from the Chandler, Arizona-based company losing $23.1 million in 2020.

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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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5 Secrets to Selling Your Home Quickly

Realty Biz

In a perfect scenario, you can take your time getting your home ready for sale before listing it on the market. But sometimes, you may find yourself in the position of having to sell your home quickly. Whether you’re moving for a job or wanting to close on your dream home without paying two mortgages, here are five secrets to selling your home quickly.

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Zillow Pre-Foreclosure Listings Are Not For Sale

Maximum Exposure Real Estate

Some Listings on Zillow Are Not For Sale And Never Will Be Have you ever heard the term “pre-foreclosure listings?” If you’re a first-timer, you’re likely to find a pre-foreclosure listing. When you perform a search on Zillow for homes for sale, the results you get may include some houses that are not actually for […]. The post Zillow Pre-Foreclosure Listings Are Not For Sale appeared first on Maximum Real Estate Exposure.

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More Trending

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January Inventory

BubbleInfo

In spite of all-time record prices, homeowners are losing interest in moving. Let’s take it back a little further to show the magnitude of the change in inventory: San Diego County Attached and Detached-Home Listings in January 2019: 4,718 2020: 3,908 2021: 3,359 2022: 2,828 Last month’s count is 40% lower than in 2019! Forget […].

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North Carolina Real Estate Growing Fast in 2022

Realty Biz

If you thought North Carolina was getting a bit more crowded these days, you’re right. Between 2010 and 2020, the state’s population grew by 9.5%, outpacing the average growth rate of the U.S. by 2.1%. This might not seem like a significant percentage, but when you add approximately one million people in 10 years to a city, it really makes a difference.

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More Automated Valuations!

BubbleInfo

It is amazing how much faith the consumers put into their zestimates and Redfin estimates. In spite of them obviously being ginned up, people just want to believe! As long as automated valuations are carrying so much weight, let’s include a few more! There are three more estimates at the bottom of realtor.com listings. Take […].

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Buying a starter home now cheaper than renting in most U.S. metros

Realty Biz

While home price values have been growing fast, rents are rising faster still, to the extent that buying a so-called starter home is more affordable than renting in over half of the U.S.’s largest metro areas. That’s according to a report from realtor.com, which revealed that median rental costs jumped 19.8% in January compared to the year prior. That’s faster than the cost of most starter homes, realtor.com said.

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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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Mortgage and refinance rates today, Feb. 23, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged higher yesterday. Many had expected a fall in response to the Ukrainian situation. But that hasn’t materialized — as yet. So […].

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Equity Release, Remortgage, or Downsizing: Which is Best for You?

Realty Biz

If you own a home, there are a few ways to extract value from it, and this could be desirable depending on your circumstances and the untapped value that is tied up in your property right now. The three main routes to consider are equity release, remortgaging and downsizing, so let’s look at the pros and cons of each option and help you work out which will make the most sense for you.

Equity 101
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Rents Outpace First-time Buying Costs in Majority of Large U.S. Metros

RIS Media

In January 2022, the U.S. median rental price rose by double digits for the eighth straight month. This marked an overall increase of 19.8% since January 2021. According to realtor.com®’s monthly rental report for January 2022. This steep rise means that the monthly cost of rent now exceeds the monthly cost of starter homeownership in most U.S. cities.

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Discover the Most Unique Things to Do in Manchester

Realty Biz

Manchester is one of the most culturally rich cities in all of Europe. The city’s extensive history dates back to the era of Roman settlement. Today, it is regarded for its massive football and music culture. It is also known for the myriad of activities and experiences that it offers. Year by year, this special city continues to evolve. In 2002, Manchester hosted the XVII Commonwealth Games, an international multi-sport event involving athletes from the Commonwealth of Nations.

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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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Black Homeownership Rate Hits Decade-Long Low while U.S. Rate Sets a Record High

RIS Media

The real estate market experienced a banner year in 2021, which ended with more Americans achieving homeownership than in any year since the Great Recession, according to a new report by the National Association of REALTORS® (NAR). Despite the milestone, the same report indicated that the “American Dream” path became more challenging for people of color.

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5 Typical Closing Costs in Ontario

Realty Biz

When buying a home in Ontario, there are many aspects to consider. From the location and size of the property to the home improvements you might want to do, the home-buying process can be long and daunting, especially if you are a first-time buyer. One aspect you should pay the most attention to are the finances. Besides the mortgage fees and down payment you need to pay, there are also a few closing costs you should know about before you make an offer on a house you like.

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RE/MAX Sells Franchise Rights in Central Asia

RIS Media

RE/MAX has recently closed the sale of master franchise rights in the Republics of Kazakhstan and Uzbekistan. NEU Ltd., owned by Kazakhstan entrepreneur Batjargal “Batyr” Bazarsuren, is the new owner of Kazakhstan master franchise rights, while Uzbekistani entrepreneur Safa Karaduman now owns master franchise rights in Uzbekistan. This sale means that RE/MAX will be one of the first international real estate franchises operating in Kazakhstan.

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Artist Adorns East Flatbush Wall With Mural in Honor of Civil Rights Legacy of John Lewis

Brownstoner

On February 21, Brooklyn leaders and artist Kenny Altidor celebrated the historic life of John Lewis on what would have been his 82nd birthday. Commemorating both the late Congressman’s birthday and Black History Month, Community Advocate Monique Chandler-Waterman and artist Kenny Altidor hosted a neighborhood event Friday in front of… Read More > The post Artist Adorns East Flatbush Wall With Mural in Honor of Civil Rights Legacy of John Lewis appeared first on Brownstoner.

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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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Coldwell Banker Real Estate Announces 2021 Award Winners

Coldwell Banker

The awards recognize Coldwell Banker-affiliated real estate professionals who demonstrated exceptional sales production and leadership throughout the past year. The post Coldwell Banker Real Estate Announces 2021 Award Winners appeared first on Coldwell Banker Blue Matter.

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Daily Links: Landmarks Conservancy Awards Gage & Tollner for Preservation

Brownstoner

In the News Gage & Tollner to Receive Award from Landmarks Conservancy [Eagle] Pol: Cop Drama Set in East New York ‘Insult’ to Community [BK Reader] NYC’s Big Clean Energy Plan Is Under Attack From One-Time Advocate [CityLab] A Super Cool and Free 'Drive-in Movie Theater' at Ashland Plaza [Time Out] This Brooklyn Apartment Is… Read More > The post Daily Links: Landmarks Conservancy Awards Gage & Tollner for Preservation appeared first on Brownstoner.

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Notorious POD, Ep 41: Musings – Why Housing Will Remain Unaffordable… Unless…

Notorious ROB

A look at some recent data showing housing is becoming more and more unaffordable for the average American buyer, why that might be, and why it is not transitory or cyclical. I explore topics from macro analyst Luke Gromen, look at investor purchase data, and then touch on the one thing that could collapse home prices: government. Links from the Show: Confounded Interest.

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Marine Park Tudor With Original ‘Domestic Science’ Kitchen Cabinets, Deco Bath, Garage Asks $865K

Brownstoner

The builders went all out in advertising this 1931 brick Tudor and its Marine Park neighbors as "moderne" houses planned and constructed with labor and time-saving technology to ensure comfortable living for years to come. Some of those features still survive at 3615 Avenue T and, in addition to the… Read More > The post Marine Park Tudor With Original ‘Domestic Science’ Kitchen Cabinets, Deco Bath, Garage Asks $865K appeared first on Brownstoner.

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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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Higher Interest Rates Are Coming Soon!

Realty Biz

For homebuyers across the country, it feels like a never-ending uphill battle. Tight inventory, multiple offers on ‘fixer’ properties, and houses selling for well above the asking price (often tens of thousands over the asking price) – literally everything seems like an insurmountable hurdle. And now, higher interest rates are about to kick in.

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Miami renters are highly satisfied with property management, but expectations are rising.

App Folio

The last two years have brought an incredible amount of change to Miami’s rental market. Fueled by an influx of.

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Ask Brownstoner: How Can I Find Out More About the Brooklyn Casserole Company?

Brownstoner

Brownstoner often gets inquiries from readers asking for more information about the age, style or architect of a particular building, the background of a history-making Brooklynite or the architectural history of a neighborhood. While we can't conduct in-depth research for every intriguing question, we can provide a bit of… Read More > The post Ask Brownstoner: How Can I Find Out More About the Brooklyn Casserole Company?

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Real Estate Marketing On Instagram

Easy Agent Pro

If you’re not using Instagram to market your real estate listings and promote yourself you’re not going to reach modern home buyers and sellers. Too many agents shrug off using social media platforms like Instagram and TikTok because they don’t think that these platforms are effective. But social media has emerged as a safe and effective way to buy and sell homes.

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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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Approach to Inevitable Market Adjustments Must Be Proactive

RISMedia

By Jesse Williams Change is in the air. That message came through loud and clear at Massachusetts-based Broker/Owner Anthony Lamacchia’s “Crush It In Real Estate” kickoff event, as both Lamacchia and another consummate real estate expert, billion-dollar mortgage broker Shant Banosian of Guaranteed Rate, urged real estate professionals to begin preparing for a very different kind of […].

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Study finds flooding lowers house prices, extends time on market

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Study finds flooding lowers house prices, extends time on market. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. A new study says flooding pushes down housing prices and reduces the number of homes for sale, while increasing the time it takes a home to sell.

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Time Management Tips for On-The-Go Real Estate Agents

Ryan Serhant

There’s never enough time in the day to conquer everything on that to-do list. Real estate agents can’t help but work endless hours for those commissions. It’s just a part of the job… right? Wrong! You don’t have to be chained to the office, hooked up to the caffeine drip and working overtime to earn the commission you want. What you DO need is to learn how to master one very important thing.

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5 mistakes to avoid when creating real estate videos

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: 5 mistakes to avoid when creating real estate videos. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Real estate videos can provide very useful information when done correctly, and enhance your brand as a real estate professional.

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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.