Tue.Sep 13, 2022

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5 Hacks To Become Unstuck In Your Business

Lab Coat Agents

It may be tough to break free and get past your blues if you’ve been stuck in the same pattern for a long period. You may feel lazy, discouraged, annoyed, and furious with yourself for feeling this way and having to accomplish anything at all. You want to discover a way out of your rut, but you’re too tired to keep going. It’s important to remember that there’s nothing wrong with feeling trapped and exhausted.

As-is 98
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Are we seeing a mortgage rate lockdown?

Housing Wire

The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. This is something I’ve never believed in because we hadn’t had a period where mortgage rates moved up so quickly and then held higher for an extended period.

Mortgages 525
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Three Things Buyers Can Do in Today’s Housing Market

Keeping Current Matters

It’s clear the 2022 housing market has been defined by rising mortgage rates.

Marketing 259
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Construction tech startup Modulous raises $11.5 million

Housing Wire

Seattle and London-based construction technology company Modulous has raised $11.5 million in its Series A funding around, according to an announcement on Monday. The firm said the funding will help further the growth of its physical and digital technologies. Main contributors to this round of funding included SFV , the venture arm of German real estate developer Patrizia ; Regal London , a U.K-based real estate developer, CEMEX Ventures , the venture arm of construction giant CEMEX ; Blackhorn

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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The Importance of Backing Diverse Proptech Founders

GeekEstate

[Editor’s Note: Below is the full text of our 225th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on August 31st, 2022.]. Demographics are changing rapidly in the US, and business leaders are scrambling to ensure their organizations reflect these changes. As the focus on diversity, equity, and inclusion (DEI) sharpens, it’s important to understand that these pursuits should not be viewed as purely altruistic.

Equity 119
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MBA Opens Doors sets donation record amid the changing housing market

Housing Wire

With all the talk about a hot housing market and changes on the horizon thanks to increasing mortgage rates, it can be hard to forget that these market-wide changes have a real effect on real people, especially those dealing with loss or health problems in their families. Mortgage Bankers Association’s charity, Opens Doors Foundation , recognizes the individuals who make up our housing market and the struggles they go through.

Marketing 418

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HousingWire September Demo Day: BeSmartee

Housing Wire

Mortgage POS. BeSmartee’s Mortgage Point-of-Sale (POS) platform is a configurable, white labeled solution that streamlines the origination process, including application, credit, PPE, AUS disclosures and appraisal collection and fulfillment. Product Fast Facts. #1. Go from application to appraisal in 15 minutes. #2. Get to a 91% conversion rate. #3.

Mortgages 418
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Real Estate Slogans and Taglines

Easy Agent Pro

Being a successful real estate agent is all about your reputation and how you share it with your target audience, and your real estate slogan is a big part of that reputation. Knowing your voice and marketing it well is key to securing leads and having high conversion rates. While much of this comes from your social media presence, online ads, website and CRM, a slogan can help further advertise who you are and let your clients know who they are hiring as their agent. .

Branding 116
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Local Markets: Housing news across U.S communities

Housing Wire

Take a deep dive into these five local housing markets to better understand the trends across the nation. Each city has a unique market and enticing listings to attract new residents. Siesta Key, Florida. Remote work flexibility opened up the possibilities of where people could live, so more and more homebuyers have decided to make the move to the beach.

Marketing 418
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Where do the six sharks on ‘Shark Tank’ live?

Fancy Pants Homes

When it comes to brilliant business ideas, the ‘sharks’ of Shark Tank know what it takes. And if it’s deemed worthy of investment, the sharks will take a bite. Premiering in 2009, the popular reality television series showcases entrepreneurs giving a product pitch to a panel of six investors (a.k.a. sharks) who decide if it’s worthwhile.

Banks 115
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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The easy way to make property listings stand out

Housing Wire

Despite floor plans being standard on property listings in many European countries and in Australia, floor plans are not required and do not exist on most property listings in the United States. “Historically, people have thought of floor plans as difficult to produce, expensive or both,” CubiCasa President Jeff Allen said. “Prior to five or six years ago, the only way you could really produce a floor plan was by hand, hand drawing and measuring and sketching.

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Inflation Remains Near 40-Year High

Eye on Housing

Consumer prices eased in August for the second-straight month as declines in energy prices offset increases in food and shelter indexes. Despite this slight improvement, inflation remains above an 8% year-over-year rate for the sixth straight month. The food index recorded its largest annual gain since May 1979 as all six major grocery store food group indexes increased.

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HousingWire September Demo Day: Docutech

Housing Wire

Solex ® Orders. Solex Orders is part of the Docutech eClose suite and enables any lender, using any document generation engine, to easily introduce hybrid eClosings as part of their mortgage origination workflow. Simple and fast setup and implementation mean your business can see the benefits of hybrid eClose fast. Product Fast Facts. #1. Solex Orders allows you to generate your documents as you do today – it’s doc agnostic. #2.

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Snow White’s cottage in Los Angeles is every Disney lover’s dream

Fancy Pants Homes

Since its inception in 1923, Disney has always made us believe in all things magic. There may be a few skeptics and naysayers, but as it turns out some fairytales do come true. . Just take a look at this breathtaking cottage reminiscent of the one from Snow White and the Seven Dwarves and you will know what we mean. Located in the very stylish-yet-quaint Larchmont Village neighborhood of Los Angeles, this unique home belonged to Adriana Caselotti , the voice of the original Snow White in the fir

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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loanDepot names Joseph Grassi as chief risk officer

Housing Wire

California-based mortgage lender loanDepot has named Joseph Grassi, an industry veteran who spent two decades at Fannie Mae , as its chief risk officer, the company announced Monday. The executive will enhance the mortgage lender’s risk management program, aligning loanDepot’s initiatives with those of Fannie Mae, Freddie Mac and the Federal Housing Finance Agency (FHFA), according to the company. .

Mortgages 417
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7 Steps To Selling A House To A Family Member

HomeLight

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. If you need assistance navigating the legalities or tax implications of selling a house to a family member, HomeLight always encourages you to reach out to your own advisor. Selling a house to a family member can be very rewarding.

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HousingWire September Demo Day: InSellerate

Housing Wire

Insellerate’s AgentConnect. AgentConnect takes Co-Branded marketing to a new level by automatically delivering dynamic open house flyers, property websites, and landing pages instantly through MLS data in real-time, which is auto-generated and compliantly displayed, including loan officer’s specific loan and pricing options. It has never been easier to add value to your partners while driving new purchase business with Insellerate’s AgentConnect.

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21 Marketing strategies to freshen up a stale listing

Real Trends

A home that might have sold for over-list price in less than a day with multiple offers a few months ago — even with bad iPhone photos and monstrous dust bunnies under the coffee table — is going to need a little more love now that we are feeling a market shift , seeing increased days on market and inventory is growing. . Here is a list of action items that might give your listing that extra little oomph (or a little magic) that it needs to get a few more showings and hopefully find its new owne

Marketing 108
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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HELOC volume up nearly 50% over first 5 months of 2022

Housing Wire

Home-equity lending is on a roll this year, with the combined volume of home-equity lines of credit (HELOCs) and traditional closed-end home equity loans up 47% from January to May of 2022, compared with the same period last year. Nearly $69 billion in HELOC credit limits and $27 billion in closed-end home-equity loans were originated over the first five months of 2021.

Equity 370
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How Standardizing Maintenance Tasks and Processes Lays the Groundwork for Future Success

App Folio

Property maintenance is essential, but it’s also one of the most costly and time-consuming parts of property management. However, with.

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KBRA affiliate acquires digital news service DLD

Housing Wire

KBRA Analytics , an affiliate of Kroll Bond Rating Agency (KBRA), has acquired digital-information service Direct Lending Deals , which offers investors and loan originators coverage of deal data, news and analysis in the direct-lending sector. The acquisition will allow KBRA Analytics to offer its customers insights into the fast-growing $1 trillion direct-lending sector.

Lending 370
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Stop Relying On Airbnb and VRBO and Build A Business You Control

Bigger Pockets

I could have lost $25,000. That was the thought I had after getting off the phone with a big online travel agency (OTA) that I was using for my property. […].

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Lending standards tighten as appetite for riskier loans drops

Housing Wire

Lending standards tightened in August amid a worsening economic outlook and signs of cooling in home-price growth. The mortgage credit availability index (MCAI) fell marginally by 0.5% to 108.3 in August from the previous month, according to the Mortgage Bankers Association (MBA). A decline in MCAI, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase in the index suggests a loosening of credit.

Lending 370
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How to “Start from Zero” in Today’s Multifamily Market

Bigger Pockets

The multifamily real estate market seemed almost impenetrable over the past two years. Unless you had millions in dry powder, ready to overpay for a huge apartment complex, there was […].

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Inflation comes in hotter than expected, mortgage rates soar

Housing Wire

Consumer prices in August rose slightly from July, all but ensuring the Federal Reserve will hike interest rates aggressively at its upcoming September meeting to tamp down inflation. Despite decreases in the indexes for airline fares, communication, and used cars and trucks, the Consumer Price Index (CPI) rose 0.1% from the month in August, after remaining unchanged in July , according to data released Tuesday by the Bureau of Labor Statistics.

Mortgages 370
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This House Hacking Strategy Can Guarantee Your Rental Income Each Month

Bigger Pockets

Many of you know that house hacking is a great way to build your real estate portfolio, especially when you’re just starting. By living in the property you’re renting out, […].

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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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Point Mortgage Corp. exits wholesale channel (for now)

Housing Wire

California-based Point Mortgage Corporation has decided to shut down its wholesale business GoPointDirect and lay off employees to focus on retail lending, a top executive confirmed to HousingWire. . “We have temporarily taken it down,” Johnny Margarini, president and CEO, said during an interview. “When business picks back up, we’ll revisit wholesale, but for now, to be proactive to the way the market is, it’s best that we stop our wholesale operation.” T

Mortgages 370
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Keller Williams Releases Expanded Edition of Your First Home

Keller Williams

Gary Keller’s consumer guide to the adventure of home buying is now available. Keller Williams announces the release of an expanded second edition of Your First Home: The Proven Path to Homeownership , a book that serves as a consumer guide to the adventure of home buying. “This book is about buying your first home, and I sincerely want to encourage you to make that leap,” said Gary Keller, best-selling author and co-founder and executive chairman, KW.

Agents 85
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Fitch Group adding capital-markets fintech dv01 to its fold

Housing Wire

Fitch Group , the parent of bond-rating firm Fitch Ratings , is acquiring a majority ownership stake in capital-markets fintech company dv01 — which provides data and analytics services to the structured-finance market. Terms of the deal were not disclosed. It is expected to close by the end of the third quarter, according to Fitch Group, which also is the parent of data, research and analytics provider Fitch Solutions.

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What Is Real Estate Investing and How Does It Work?

Mashvisor

To understand why many people get into real estate investing, you must first answer, “what is real estate investing, and how does it work?

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.