Tue.Mar 14, 2023

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8 ways for agents to manage their time better in 2023

Real Trends

Being a successful real estate agent requires a healthy mix of self-motivation and discipline. It can be difficult to manage your time and effort — especially when you’re just starting out. There is a lot of competition in the marketplace in 2023 , but with determination and devotion, you can begin to set yourself apart from the other real estate agents in your area.

Agents 70
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Former Guaranteed Rate SVP Ravi Patel and team join UMortgage

Housing Wire

Ravi Patel, a top loan officer and former senior vice president of mortgage lending at Guaranteed Rate , and his team, have moved to UMortgage, according to a statement issued on Monday. “Winners in this industry want to join our platform because we’re identifying the acute pain points of loan originators of different backgrounds—whether that be a retail shop or their own brokerage—and providing value-based solutions,” UMortgage President and CEO Anthony Casa.

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More Latinos are becoming homeowners

Real Estate News

A new report from NAHREP found that Latinos formed more new households than any other demographic group in 2022 while also increasing their homeownership rate.

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Is inflation or recession driving mortgage rates now?

Housing Wire

On Tuesday, we got more confirmation that the Federal Reserve ‘s biggest fear — inflation blowing up to 1970s levels — isn’t happening, according to the CPI data. Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it’s been hard to accelerate the core data. However, with the current banking stress news and the emergency action taken by the Fed to secure the banking sector, the question now is what will drive mortgage rates : infla

Mortgages 367
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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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Uncertainty post-SVB could create opportunity for homebuyers

Real Estate News

Bank failures may lead the Fed to tap the brakes on raising interest rates, which means now is a good time for homebuyers to keep calm and make their move.

Banks 209
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Cooling inflation in February brings hope that Fed rate hikes are over

Housing Wire

Consumer prices climbed at a slower pace in February, keeping alive the hope that the Federal Reserve may pause the federal funds rate hikes in its meeting next week following the Silicon Valley Bank and Signature Bank failures. The Consumer Price Index (CPI) rose by 6% in February before seasonal adjustment compared to one year ago, lower than the 6.4% increase recorded in the 12 months ending in January, according to data released Tuesday by the Bureau of Labor Statistics (BLS).

Banks 330

More Trending

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An Expert Gives You Clarity in Today’s Housing Market

Keeping Current Matters

The housing market has been going through shifts lately.

Marketing 202
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7 questions to ask yourself before becoming a landlord in 2023

Inman

Investing in rental properties is one of the most dependable methods of building wealth. You give yourself the best chance of success when you know exactly what you’re getting into.

Agents 146
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The Next Big Multifamily Amenity: Flexible Rent Payments

Propmodo

The conversation surrounding which amenities are a must-have for multifamily properties has a funny way of changing as the market cycles. From a landlord’s perspective, offering unique or highly desirable amenities can give a property the extra oomph it needs to stand out in the marketplace. With a recession around the corner and the Fed gearing up to raise interest rates yet again, nearly everyone is bracing for the impending economic downturn.

Banks 109
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John Davis’ lawsuit against Keller Williams won’t get its day in court

Inman

U.S. District Judge Reed O'Connor on Monday granted a motion to compel arbitration in Davis’s case filed in February by Keller Williams, Gary Keller and former KW President Josh Team.

Brokerage 145
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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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Coldwell Banker Around the World: March 2023

Coldwell Banker

Grab a glass of carmenere and fire up the grill to make yourself “asado,” because this month we are visiting Coldwell Banker Nueva Las Condes, located in the bustling capital city of Santiago de Chile. The post Coldwell Banker Around the World: March 2023 appeared first on Coldwell Banker Blue Matter.

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DOJ: Tossing pocket listing suit prevents competition with MLSs

Inman

In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors' pocket listing policy.

Agents 142
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Precursors

BubbleInfo

When it comes to anticipating the direction of the real estate market, the median pricing isn’t nearly as informative as these indicators – Number of Sales and SP:LP. We are used to seeing the sales increase early in the year, but it could have been different if higher rates had broken the market.

Sales 104
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With ChatGPT, Addressable fully automates direct mail marketing

Inman

Addressable is partnering with Open AI’s ChatGPT software to make it even easier for agents to execute personalized marketing efforts. The product is called SmartCopy.

Marketing 143
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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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Brad Inman’s Hot Take On The Second Largest Bank Collapse in History

Broke Agent Media

In this week’s episode of The Real Word , Byron Lazine and Nicole White start with an Inman article on the importance of Silicon Valley Bank (SVB) , which made the news when some high-risk moves led it to its recent takeover by California regulators—and the second largest bank collapse in U.S. history. Next up was a BAM article on the Plunk app , which could shake things up for Zillow and the entire real estate industry, especially since Plunk has recently partnered up with three tech startups t

Banks 98
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Housing still biggest contributor as inflation slowed pace in February

Inman

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday.

Banks 137
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OpenAI GPT-4 Arriving this Month — and It’s Multimodal

Broke Agent Media

BAM Key Details: Open AI GPT-4, the newest iteration of OpenAI’s Large Language Model—the tech behind ChatGPT—is arriving this month. And it’s multimodal, presenting yet another challenge to one of its most publicized rivals, Google’s Bard. Multi-modal AI can operate within multiple kinds of input—going beyond text to include speech, images, and video—while GPT-3 and GPT-3.5 are text-only.

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Property managers dodged bullet after Signature failure — for now

Inman

A short-term fix by the federal government helped thousands of property managers keep the lights on after the collapse of Signature and Silicon Valley Bank. But lending will be tougher now, experts told Inman.

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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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Bank Failures in 2023: Why it Can’t Crash Real Estate?

Marco Santarelli

The Impact of Bank Failures on the Housing Market The year 2023 has been marked by a series of bank failures, leaving many to wonder what the impact of these failures will be on the housing market and the wider economy. Bank failures have been a common occurrence throughout history, often causing ripples throughout the economy. The housing market, in particular, is vulnerable to the effects of bank failures.

Banks 98
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RentSpree, SkySlope partner to speed renting workflows

Inman

SkySlope’s workflow benefits will enhance rental application and tenant screening actions, tools that help smooth out friction-prone, manual processes, RentSpree executives said Tuesday.

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The Decline of Million-Dollar Cities in the U.S.

Broke Agent Media

BAM Key Details: The number of U.S. cities where the typical home value is $1M or more was 522 in July 2022. In January 2023, six months after that peak, the number was 464. California alone has 190 of those million-dollar cities—more than the next six states combined—with New York, San Francisco, and Los Angeles having (and losing) the most million-dollar cities.

Land 98
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58 cities that had million-dollar homes in 2022 don’t anymore: Study

Inman

The number of U.S. cities where the typical home value was $1 million or more has dropped from a high of 522 in July 2022 to 464 as of January 2023.

Marketing 141
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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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T3 Top 5 Rankings: Real Estate Enterprises, Brokerages, Franchise Brands & Franchisees

Broke Agent Media

BAM’s Key Details: Every year, T3 Sixty releases T3 Top 5 rankings, which list the nation’s five largest real estate enterprise companies, brokerages, franchise brands and franchisees. Rankings are determined by sales volume for 2022 and calculated against NAR’s existing home sales data. Yesterday, the T3 Top 5 rankings were released, showcasing the largest real estate enterprises, brokerages, franchise brands and franchisees.

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Are ‘infinite returns’ actually possible in real estate investing?

Inman

Unlike most other types of investments, it turns out that "infinite returns" are possible in real estate investing. Here's how it's done.

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Truck Rentals For Moving: What to Know About Renting

Maximum Exposure Real Estate

Moving Truck Rentals Near Me Did you sell or buy a home and need to move? Are you trying to decide whether to hire a professional moving company or rent a truck to move on your own? One of the most significant deciding factors between choosing between the two is cost. A mover’s rental truck […] The post Truck Rentals For Moving: What to Know About Renting appeared first on Maximum Real Estate Exposure.

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Guild Mortgage announces 3rd acquisition in as many months

Inman

The acquisition of Colorado-based Cherry Creek Mortgage expands Guild's retail branch network by 68 offices in 45 states.

Mortgages 148
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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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The Guide to No Closing Cost Refinancing

Maximum Exposure Real Estate

What You Need to Know About a No Closing Costs Refinance Did you know it’s possible to do no-closing costs refinance? Many people have no idea this is even possible. You can indeed refinance with no closing costs. Zero money will come out of your pocket. A no-closing-cost mortgage refinance is very common when interest […] The post The Guide to No Closing Cost Refinancing appeared first on Maximum Real Estate Exposure.

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AI can transform your content marketing. Here’s how to use it right

Inman

Want to do more than write a sonnet with the latest AI tools? Here’s how to put them to work on your content, and the platforms you need now.

Marketing 129
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Experience No Sacrifices with JPAR®

Realty Biz

JPAR® – Real Estate is pleased to reveal its newly-redesigned career site, JPARReady. The site showcases the award-winning brand’s new value proposition statement, Experience No Sacrifices with JPAR® , for anyone looking to explore the benefits of joining as it continues to expand throughout the United States. Experienced professionals and anyone interested in getting their real estate license may learn about everything JPAR® has to offer via the dedicated careers site, including: How its award-

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15 Spring + Easter Ideas to Grow Your Real Estate Business

The Close

Have you looked at your 2023 calendar recently? Easter is super early this year, which means it’s already time to bust out your “Happy real estate season!” smile and get those spring promotions rolled out. What’s that? You haven’t already put together your marketing plan for the busiest time of the real estate year? Well, have no fear! I’m here with some sweet spring and Easter promotions to help your business bloom.

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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.