Tom Ferry
MARCH 2, 2023
One month ago today, I was in Las Vegas with almost 3,000 top agents for Elite Retreat, a two-day event exclusively for our Elite coaching members. When I walked on stage to start the event, the first thing I did was give them two numbers: 112 & 2. Let me explain… There are 168 hours […] The post 112 Hours: Your No. 1 Priority as a Real Estate Agent appeared first on Tom Ferry.
Housing Wire
MARCH 2, 2023
Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down, economists say. The 30-year fixed-rate mortgage on Thursday, March 2 touched 7.10% , up 16 basis points from 6.94 on Wednesday. The most recent survey by Freddie Mac measured 30-year fixed-rate mortgages at 6.65% for the week ending Thursday, driven by the 10-year Treasury surpassing 4.0%.
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Keeping Current Matters
MARCH 2, 2023
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.
Housing Wire
MARCH 2, 2023
When the entire mortgage industry saw volume drop by more than half in 2022, nearly every lender emerged with battle scars. Rising rates caused refinances to dry up, production plummeted, and pink slips were issued to employees. Non-qualified mortgage (non-QM) wholesale lender A&D Mortgage , however, saw origination volume increase by more than 31% to $3.2 billion in 2022, up from the previous year’s $2.2 billion, largely due to improvement in tech that helped pick up market share from compe
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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.
Real Estate News
MARCH 2, 2023
CoStar’s Andy Florance shared his vision and plans for Homes.com, which he said offers "a superior consumer experience" and is "better aligned" with agents.
Housing Wire
MARCH 2, 2023
Temperatures are rising, the sun is setting later, and the daffodils are starting to peek their green leaves out of the earth — spring is coming. And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MARCH 2, 2023
Blank-check firm Aurora Acquisition Corp. extended the deadline to complete its merger with struggling digital mortgage lender Better.com for the third time. The deadline for the merger is now September. The decision was made during Aurora’s shareholder’s meeting held on February 24, filings with the U.S. Securities and Exchange Commission (SEC) showed on Thursday.
Real Estate News
MARCH 2, 2023
Gary Acosta, the organization's co-founder and CEO, is focused on advancing homeownership among the growing segment of Hispanic consumers.
Housing Wire
MARCH 2, 2023
Ginnie Mae has promoted Sam Valverde to principal executive vice president, where he will serve as the the second-in-command to Ginnie Mae President Alanna McCargo. The government corporation is also seeking an executive vice president and chief operating officer to manage daily operations and round out the leadership team. In a statement, McCargo said she “relied heavily” on Valverde’s expertise and leadership over the past year.
Real Estate News
MARCH 2, 2023
Rates inched up again this week, adding to affordability challenges ahead of the spring shopping season.
Advertiser: Trellis
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.
Inman
MARCH 2, 2023
Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves.
Realty Biz
MARCH 2, 2023
House prices were at an all-time rise in 2021, with the average cost for a house at $400,000 as of 2022. Finding a real bargain can be a challenge if you're on the lookout for your dream home. However, this doesn't mean there are no good deals in the real estate market. The best way to start is to understand the market and create a plan. Read on to discover how to find cheap houses for sale.
Inman
MARCH 2, 2023
Legislation expected to go into effect April 1 addresses allegedly deceptive tactics employed by MV Realty and was based on a model bill drafted by American Land Title Association.
Sotheby's International Real Estate
MARCH 2, 2023
From a legacy estate in Aspen, Colorado, to an oceanfront compound in Skiathos, Greece, these are this month’s five featured notable properties for sale over $10 million. Aspen, Colorado Chris Klug, Soffia Wardy | Aspen Snowmass Sotheby’s International Realty Merry Go Ranch was one of the first properties built on Mclain Flats and has been held in the same family for almost 40 years.
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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
MARCH 2, 2023
RE/MAX hosted its latest annual R4 conference in Las Vegas this week. Here are the top tips to create an "unstoppable" business straight from RE/MAX execs, trainers and top producers.
Realty Biz
MARCH 2, 2023
Do you know the signs your septic system needs replacement? Nobody wants to think about it, but eventually, that day comes when you'll need to dig up your yard. It is a nightmare scenario for most homeowners due to the cost of replacing a septic system. It is certainly not cheap. It can put a damper on most people's budgets. Let's look at what you need to know about septic system replacement.
Inman
MARCH 2, 2023
REWpert will allow customers to do more than craft listing descriptions. The company said REWpert will exercise more of what ChatGPT-maker Open AI intended its tool to do.
GeekEstate
MARCH 2, 2023
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Matrix Rental Solutions] A tenant analysis fintech platform, Matrix Rental Solutions has built a tenant scoring model called MAIA (Matrix Asset & Income Analysis) that allows landlords and property managers to underwrite and approve tenants quickly, particularly in the area of affordable housing.
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
MARCH 2, 2023
In this Inman Access class, Marc King of Keller Williams discusses key financial principles real estate professionals should implement to reach their goals and build wealth in their businesses.
HomeLight
MARCH 2, 2023
A HomeLight survey of over 1,000 top real estate agents nationwide found that, on average, fresh paint adds an estimated $7,571 in resale value for a 152% ROI. Considering that the average price to paint the entire interior of a home is $1,950 , it could be well worth the investment. But how can you tell if you should repaint your house before selling it?
Inman
MARCH 2, 2023
Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics.
Coldwell Banker
MARCH 2, 2023
Wallpaper is back. And you’ll be glad it is – with all the exciting new colors, patterns and textures available to choose from. Today, stylish wallpaper is being used in small spaces, such as powder rooms and mudrooms, or as a beautiful accent, providing pops of color that brighten up an area or give it […] The post Wallpaper With Personality appeared first on Coldwell Banker Blue Matter.
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
MARCH 2, 2023
Help your favorite non-profit unlock charitable gifts of real estate while you earn a full commission as well. Trainer and author Bernice Ross talks to Cami Baker about this little-understood marketing strategy.
HomeLight
MARCH 2, 2023
An open house might be your first opportunity as a buyer to lay eyes on your new home. Online listings and printed one-sheets can only go so far, after all. Eventually, you just gotta take a look! Open houses can also be a strategic way to gain key information about a home. With the listing agent right there, it’s a perfect chance to ask questions about the finer details of the home’s history.
Inman
MARCH 2, 2023
More ultra-prime real estate transactions took place in New York in 2022 than anywhere else in the world, according to the 17th annual Wealth Report released Wednesday by Douglas Elliman.
Real Trends
MARCH 2, 2023
Temperatures are rising, the sun is setting later, and the daffodils are starting to peek their green leaves out of the earth — spring is coming. And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the
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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
MARCH 2, 2023
The digital homebuying solution that heavily leverages detailed online search and buyer due diligence before engaging its salaried agents now operates in Miami, Fort Lauderdale, Boca Raton and West Palm Beach.
Coldwell Banker
MARCH 2, 2023
Opening your house to guests is one of the many joys of being a homeowner. You can make guests feel welcomed and comfortable by following these simple tips. Create the Ultimate “Flex” Room Flexibility is key in getting the most out of your guest quarters. If you host frequently, the room will likely be used […] The post Guest Room Tips for the Warmest of Welcomes appeared first on Coldwell Banker Blue Matter.
Inman
MARCH 2, 2023
According to industry expert Mike DelPrete, a multitude of factors need to go right for Zillow Home Loans to meet its revenue goals and compete with traditional mortgage products.
Broke Agent Media
MARCH 2, 2023
For most people, tax time is not something to look forward to. And for self-employed professionals like you, it can be downright terrifying. Because unless you’re paying taxes throughout the year, you’ll be paying the government a hefty sum in mid-April. And if you don’t have systems in place to ensure you’re saving enough, that hefty sum may be well over what you’re prepared to pay.
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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