Fri.Feb 05, 2021

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Homebuyers put pets first when shopping for homes

Housing Wire

According to a recent Realtor.com survey , almost 95% of homebuyers consider their pets when purchasing a home. Yes, you read that right. Purchasing your first home is an exciting time. Whether you’re shopping for a fixer-upper or a home with a modern exterior, there’s nothing like finally being able to check the “buy a house” box off your bucket list. .

Mortgages 479
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Thinking about Building a New Home? Your Agent Is Critical. [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. A real estate professional is an expert who can advocate on your behalf throughout the process when building a home. Agents help you understand key steps, like choosing upgrades and managing negotiations, while staying within your budget from start to finish. If building is the right choice for you, work with a trusted real estate professional who can help you successfully navigate the path to your dream home.

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Guaranteed Rate acquires DTC lender Owning Corporation

Housing Wire

Fresh off its acquisition of Stearns , Guaranteed Rate has picked up Owning Corporation , a direct-to-consumer mortgage lender. The acquisition gives Guaranteed Rate, best known for its retail prowess, another engine to boost its growth in the direct-to-consumer channel. Terms of the deal with Orange, California-based Owning were not disclosed. According to Guaranteed Rate, Owning’s direct-to-consumer platform processed over $20 billion in total loan volume in 2020. “We’re actively s

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Buying A Typical Home In Canada? Cities Now Require Incomes Of Up To $230,000

Better Dwelling

Mortgage rates might be low, but nosebleed home prices still make payments difficult. National Bank of Canada (NBC) data shows the household income required to carry a mortgage on a typical home in Q4 2020. The numbers in some regions are staggering, before even considering downpayments. In Toronto or Vancouver, the middle class can no […]. The post Buying A Typical Home In Canada?

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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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ALTA promotes first chief information officer

Housing Wire

The American Land Title Association announced the promotion of Vice President Kelly Romeo to senior vice president and the newly created role of chief information officer. As ALTA’s first CIO, Romeo will provide strategic direction for the association’s information technology, ensuring that all systems necessary to support its operations are in place.

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Features men and women home buyers really want

Zolo

Sellers will quickly realize that there is very little space to highlight the best features of your home, so it's best to choose wisely and focus on the features homebuyers really want. The post Features men and women home buyers really want appeared first on Zolo.

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Proptech in 2021: Trends to Watch and Tech to Adopt

Swiftlane

What Is Proptech and Why Are Companies Developing It? Proptech, at its simplest, means property technology. If that definition seems broad, that’s because it is. Proptech can refer to any technology that uses automation, AI, IT, IoT (we can go on) that is developed for the property industry. That means commercial real estate, multifamily housing, […].

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Mortgage Tech Demo Day: SourcePoint

Housing Wire

SourcePoint. Loan Setup Digital Employee reduces the time it takes to complete traditional loan setup activity by 75%. It has the capability to classify / index documents accurately with a library of over 600 mortgage documents. It is configured to extract data fields from required documents and update/validate against the loan origination system. Capability to flag missing and incorrect documents to ensure greater success to loan set-up function.

Mortgages 373
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Superbly Snug, 5 Cozy Living Room Decor Ideas That Are Perfect for Lounging

Realtor.com

Paul Rollis/Houzz With six more weeks of winter still ahead (thanks for nothing, Punxsutawney Phil !), what better time to make your living room the cozy haven it’s meant to be? If your great room could use some comfort and warmth, never fear—we’re here, as always, to provide you with much needed decor therapy. We scrolled through what’s trending on Instagram (so you don’t have to) and picked out five living room looks that are so cozy you’ll think you’ve been trans

Design 126
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Mortgage Tech Demo Day: Altisource

Housing Wire

Altisource. Altisource® is a leading and trusted provider of innovative solutions for servicers, originators and investors in the real estate and mortgage industries. They offer HomeVal, a Premium Title and Springhouse® Valuations’ Hybrid solution, providing a full suite of customizable, low cost products delivering precise title search, property photos and valuation data with greater speed and ease.

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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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Do You Need Termite Inspection When Buying a Home? 4 Reasons To Call Pest Control

Realtor.com

Bill Oxford/Getty Images You’ve finally found your ideal home and are on your way to being a homeowner. But before the sale is closed, you will need to clear several hurdles, one of which may be a termite inspection. While only a few states require it—and there is no federal law that mandates a termite inspection when buying a home—you might want to think twice before skipping it.

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Glenn Stearns’ Kind Lending originates $1B in 6 months

Housing Wire

Glenn Stearns is back, and not just on television. Kind Lending , national wholesale mortgage lender and second brainchild to mortgage veteran Stearns, announced that the lender originated $1 billion in the first six months of production – a feat that took Stearns first company, Stearns Lending , 15 years to accomplish. “They say success is sweeter the second time around,” said Sterns, who holds both the title of founder and CEO at Kind. “We have assembled the best in the industry an

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Prop 19 Answers

BubbleInfo

Jordan works for the county and answered questions about Prop 19 in this interview here: [link] A few highlights: If you transfer ownership to your kids by February 15th through a grantor trust or irrevocable trust, then they won’t be impacted when the new rule takes effect. Ask about your IRS step-up in basis though. […].

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Built Technologies closes $88 million Series C funding round

Housing Wire

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Built announced it plans to use the funding to expand its Built for Lending product suite, as well as to accelerate its efforts to serve more bank and nonbank lenders in the U.S. and Canada.

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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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Common Bad Smells Around the House and How to Get Rid of Them

Point2Homes

Image: Andrey_Popov / Shutterstock.com. When your whole family is home all day, every day, a lot of unpleasant smells can build-up. But if you’re looking for ways to put an end to bad odors and make your home smell fresh again, we’ve got you! We’ve taken six of the most common household odors and found the best ways to tackle them. Try these simple tricks to get rid of bad smells around the house. 1.

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People movers: InterLinc Mortgage Services, Invictus Capital Partners, Western Alliance Bank

Housing Wire

Kicking off this week’s string of senior leadership hires, InterLinc Mortgage Services promoted to CEO Gene Thompson, who has served as president since 2010. Thompson replaces James VanSteenhouse, current CEO and company founder, who will transition to the role of chairman of the board. Thompson led the company through its most successful year ever, funding over $2.5 billion in annual production in 2020, with 73% coming from purchase originations.

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Mortgage and refinance rates today, February 5, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher yet again yesterday. Of the last six working days, they’ve risen on five and fallen on just one. Still, each […].

Mortgages 115
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Dave Vermillion to speak at Spring Summit March 4

Housing Wire

Mortgage Champions founder and CEO Dave Vermillion will be speaking on a panel covering operational strategies in the current market at HousingWire’s Spring Summit on March 4. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist. He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company cultur

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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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10 Shabby Chic Home Decor Fails That Just Look Sad and Cheap

Realtor.com

vicnt / Getty Images If your home is filled with distressed furniture and mismatching dishes you grabbed at a flea market, then you’re likely a denizen of a decor style known as shabby chic. Shabby chic was all the rage in the fabulous ’80s and early ’90s, thanks to its de facto founder, Rachel Ashwell , and her sweet Santa Monica, CA, shop of the same name.

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Mortgage Tech Demo Day: FileInvite

Housing Wire

FileInvite. Manage more loan applications, and close them faster with automated document collection. Customer facing teams spend extensive time following up on missing or incorrect documentation. FileInvite helps borrowers provide brokers and banks with all the information they need to close loans faster. Our intuitive system lets teams and leadership gain visibility over their document pipeline and ensures a seamless client experience.

Mortgages 320
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Underground Home Inside Kansas Missile Silo Rockets Onto the Market for $1.6M

Realtor.com

realtor.com We have some explosive news from Eskridge, KS. A Cold War–era missile silo base there on 32 acres, converted into an underground home, has come on the market for $1,599,475. It was built as an Atlas E missile structure in the early 1950s, in response to the threat of nuclear war with the Soviet Union. These short-lived bases were operated by the Air Force in the early 1960s, and the structure, one of nine others around Topeka, was decommissioned in 1965 in favor of newer technology a

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Mortgage Tech Demo Day: ValueLink

Housing Wire

ValueLink. ValueLink Direct is an end-to-end valuation management solution that enables Lenders to consistently deliver faster, accurate and reliable valuations. With a combination of automation, artificial intelligence, mobile technology and powerful reporting and analytics, ValueLink simplifies the valuation process for lenders. Product Fast Facts. #1.

Mortgages 311
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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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Executives are divided on the need for employees to be vaccinated

Realty Biz

Real estate brokers, associations and business executives are divided over whether they should require their employees to be vaccinated against COVID-19 before returning to work, according to a survey by the business and technology consultancy West Monroe. The survey, conducted in January, revealed that 51% of C-level commercial executives have said they’ll require workers to be vaccinated before they can return to work physically, while the remainder said they won’t.

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Mortgage Tech Demo Day: Wemlo

Housing Wire

Wemlo. Wemlo SM is an innovative fintech company that is reshaping the mortgage broker channel, combining exceptional third-party mortgage loan processing with intelligent software. Our processing team utilizes our all-in-one digital platform to process loans in an expedited fashion, thereby increasing efficiency and empowering mortgage brokers with more time to grow their business.

Mortgages 306
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Construction Employment Changes Little in January

Eye on Housing

Total payroll employment rose by 49,000 and the unemployment rate fell to 6.3% for the month. The labor market continues its slow recovery amid the COVID-19 pandemic. In January, residential construction employment remined unchanged virtually (-600), after increasing for eight straight months. Meanwhile, non-residential construction lost 1,900 positions, after four consecutive months of gain.

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Mortgage Tech Demo Day: Reggora

Housing Wire

Reggora. Reggora’s modern platform for mortgage lenders and appraisal vendors provides advanced workflows and integrations to streamline the entire appraisal process, shorten turn times, and upgrade the borrower experience. Lenders benefit from increased transparency, advanced payment processing, instant order allocation, and automated appraisal review and delivery, creating unprecedented operational efficiency.

Mortgages 289
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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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Market Report: Why Buyers Should Just Dive In

RIS Media

With the way things are forecast to go in the housing market in 2021, buyers might be feeling a little overwhelmed. Home sales are predicted to increase by 21.9% with home values expected to rise 10.5% by December 2021, according to a recent Zillow report. However, while some buyers may think it wise to wait for the market to cool, Zillow’s data shows they may benefit more from simply diving in—of course, if they are financially prepared to do so—as the possibility of rising mortgage rates

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Mortgage Tech Demo Day: CreditXpert

Housing Wire

CreditXpert. CreditXpert ® Wayfinder TM and What-If Simulator TM tools are used by mortgage originators to analyze and simulate a borrower’s mid-score potential and the plan on how to achieve it. As a result, lender offers are more competitive – and more consumers qualify for mortgages at a rate they can afford to achieve their dream of home ownership.

Mortgages 261
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New Study Finds Retirees Are Struggling to Pay Their Mortgage

Realty Biz

Most imagine retirement as a time of boundless leisure time, month-long vacations, and worry-free days. But for many retirees in the time of COVID, this is not the reality they face. According to a new study by Clever , many have not been saving enough, putting them in dire straits during the pandemic. Instead of playing tourist, many of these retirees are taking on part-time jobs just to cover living expenses.

Mortgages 108
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Mortgage Tech Demo Day: BeSmartee

Housing Wire

BeSmartee. BeSmartee delivers a complete digital mortgage experience that goes deeper into the origination process to help lenders convert higher and close faster — making a once-cumbersome experience easy, fast and transparent for lenders and consumers. Product Fast Facts. #1. Go from application to paid appraisal in 15 minutes. #2. Get to a 91% conversion rate. #3.

Mortgages 221
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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.