Housing Wire

MARCH 23, 2023

If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 million active listings, and these active listings would be direct competition for the builders. New homes are traditionally more expensive than existing homes, which don’t have all the bells and whistles.

Construction 545

Construction Sales Mortgages As-is 545

Real Estate News

MARCH 23, 2023

A new report found that most portals lost traffic and market share over the past year, but a few companies improved or firmed up their positions.

Marketing 306

Marketing 306

Housing Wire

MARCH 23, 2023

The Federal Housing Finance Agency (FHFA) announced proposed implementation timelines for the use of the FICO 10T and the VantageScore 4.0 credit score models by Fannie Mae and Freddie Mac. In concert, the government sponsored enterprises also plans to transition to two, rather than three, credit reports from the national consumer reporting agencies within a year.

Mortgages 468

Mortgages Finance Industrial Marketing 468

Real Estate News

MARCH 23, 2023

Rates dropped to 6.42% this week, down significantly from 6.73% just two weeks ago, which could give buyers a window to act.

Mortgages 275

Mortgages 275

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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.

Development

Housing Wire

MARCH 23, 2023

The collapses of Silvergate Bank , Silicon Valley Bank and Signature Bank , the rescue of First Republic Bank and the acquisition of Credit Suisse by UBS, brought turbulence to the financial markets that led to a decline in mortgage rates – despite the Federal Reserve hiking federal funds rate by 25 basis point on Wednesday. The bank crisis has also reduced the spread between conforming and jumbo loan rates.

Loans 459

Loans Mortgages Banks Fixed-rate mortgage 459

Keeping Current Matters

MARCH 23, 2023

If you’re thinking about buying a home, you want to know the decision will be a good one.

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267

Inman

MARCH 23, 2023

Learn how these Canadian brokers built their businesses with grit and determination and find out what lessons they're passing on to their agents.

Agents 179

Agents Brokerage 179

Housing Wire

MARCH 23, 2023

New home sales continued to rise in February, jumping 1.1% from January to a seasonally adjusted annual pace of 640,000 homes, according to data published on Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). On a year-over-year basis, however, new home sales are still down 19.0%. “New home sales increased in February for the third straight month, in a sign that the market may be stabilizing,” Kelly Mangold, the principal of RCLCO Real Estate Co

Sales 435

Sales Principal MLS Mortgages 435

Inman

MARCH 23, 2023

Dating to the late 1700s, the estate known as Kirkwood Farm features five historic farmhouses, two barns and a springhouse.

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174

Housing Wire

MARCH 23, 2023

Buyers continue to feel the pinch from high mortgage rates and still-elevated home prices. But those committed to buying a new home are really committed, LOs said. The national median payment applied for purchase applicants rose 4.9% to $2,061 in February from $1,964 in the previous month, according to the Mortgage Bankers Association ‘s (MBA’s) purchase applications payment index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income.

Mortgages 416

Mortgages Pre-approval Fixed-rate mortgage Loan Officer 416

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.

Industrial

Inman

MARCH 23, 2023

Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including "Jafar" in reference to the "Aladdin" Disney movie, a white colleague claims.

Brokerage 174

Brokerage Agents 174

Housing Wire

MARCH 23, 2023

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and White House Domestic Policy Advisor Ambassador Susan Rice, the PAVE task force revealed its action plan one year ago and claims that its efforts have amounted to “critical progress” in its effo

Lending 396

Lending Finance Equity Development 396

Inman

MARCH 23, 2023

It's time to implement superior copywriting techniques in the real estate space to help connect with buyers logically and emotionally.

Branding 167

Branding Agents Marketing 167

Housing Wire

MARCH 23, 2023

Mortgage prepayment broke a four-month streak of record lows in February, with relief likely to extend as the spring home buying season takes hold, Black Knight ’s mortgage performance data showed. “Prepayment activity ticking up slightly in February is an underlying indicator that both refinance and purchase origination volumes may have reached their cyclical lows,” Andy Walden, vice president of enterprise research and strategy at Black Knight , said.

Mortgages 394

Mortgages Sales As-is Marketing 394

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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.

Brokerage

Inman

MARCH 23, 2023

About This Webinar In the face of today’s uncertainty, it’s more important than ever for real estate professionals to ignite, sustain, and nourish a success mindset. But the traditional, linear metrics and production-based KPIs don’t work for everyone. Instead, you can fine-tune your capacity to execute when you focus on a positive psychological approach.

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Housing Wire

MARCH 23, 2023

With current market conditions having a negative impact on traditional agency loans, expanding into non-QM products can allow brokers to grow their business and reach a wider borrower pool. But what’s the best way for brokers to market themselves to reach that wider, non-QM audience? According to Hitz Mistry, chief marketing officer at Acra Lending , brokers offering non-QM products should market themselves as solution providers and choose the right lender partner to help them achieve their goal

Lending 360

Lending Marketing Branding Loans 360

Inman

MARCH 23, 2023

Sales of newly built single-family homes rose 1.1 percent in February while the average sale price climbed to just under $500,000, according to data released Thursday by the U.S. Census Bureau.

Sales 158

Sales Marketing 158

The Close

MARCH 23, 2023

When I first became a real estate agent in 2010, I waltzed into the office with a swagger that would make Beyoncé blush. My local market was booming. New luxury high-rises were popping up like weeds, and open houses looked more like trendy nightclubs with lines of eager buyers spilling out onto the sidewalk. How could I not become a successful real estate agent in that market?

Agents 126

Agents Branding Brokerage As-is 126

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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.

Agents

Inman

MARCH 23, 2023

The business of your dreams will be the result of the actions you take. Choose to do things today that your future self will thank you for.

Agents 158

Agents 158

Sotheby's International Real Estate

MARCH 23, 2023

Méribel 3 Vallées Sotheby’s International Realty Take a look at three destinations with a thriving luxury rental market and hear directly from Olivier Roche, CEO, Méribel 3 Vallées Sotheby’s International Realty, Courchevel Sotheby’s International Realty, and Megève Sotheby’s International Realty, about why one of these popular destinations for tourists may be the location for your next rental investment.

Marketing 120

Marketing 120

Inman

MARCH 23, 2023

Market yourself when you serve as an ambassador for your community and provide information and expertise to both newcomers and current residents.

Marketing 158

Marketing Branding Agents 158

HomeLight

MARCH 23, 2023

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of selling your home before or after a divorce, HomeLight always encourages you to reach out to your own advisor. If there’s anything harder than working with someone you don’t like, it’s working with someone you used to love.

Purchase and sale agreement 105

Purchase and sale agreement Equity Sales Agents 105

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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.

Agents

Inman

MARCH 23, 2023

As agents adjust to changing realities, brokers and team leaders should make it clear that opportunities for growth don’t go away just because the market is in a transition.

Agents 158

Agents Marketing As-is Brokerage 158

HomeLight

MARCH 23, 2023

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the decision to sell your home during a divorce, HomeLight always encourages you to reach out to your own advisor. Deciding whether to sell a house before or after a divorce is one of the more pressing financial questions couples face when a marriage doesn’t work out.

Short sale 105

Short sale Sales Agents Inspection 105

Inman

MARCH 23, 2023

This week watch Redfin's Daryl Fairweather discuss the shifting housing market, along with Ryan Serhant's take on tech trends and how to utilize them to amplify your business.

Marketing 158

Marketing Technology Agents 158

Maximum Exposure Real Estate

MARCH 23, 2023

The FHA 203K Loan Explained Over my years as a real estate agent, several home buyers have asked me about buying and fixing a house with one loan. The best method for doing so is an FHA 203k loan. 203k FHA loans are also referred to as FHA construction loans. If you want to buy […] The post What Are 203K FHA Loans and How Do They Work appeared first on Maximum Real Estate Exposure.

FHA loan 98

FHA loan Loans Construction Agents 98

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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.

Sales

Inman

MARCH 23, 2023

Lean into focused activities, lean into lead generation, lean into holding two appointments a week, lean into purposeful conversations and, of course, lean into the 200 percent life.

Branding 158

Branding Brokerage Agents Marketing 158

Broke Agent Media

MARCH 23, 2023

Million-dollar deals don’t happen often—at least not in the typical market. Today, we’re taking a closer look at how to secure and close luxury deals by interviewing my good friend and fellow agent Paul Harootunian, a super agent in Chester, Delaware in Montgomery County. What Paul did recently is something a lot of agents say they want to do more of: sell luxury real estate and raise their average price point.

Closing 98

Closing Agents Sales As-is 98

Inman

MARCH 23, 2023

Growing your content marketing plan means adding leverage by reaching out to the media. Part four of this five-part series shares what to write and how to craft a media outreach strategy.

Development 148

Development Marketing Branding Brokerage 148

Broke Agent Media

MARCH 23, 2023

BAM Key Details: HomeEquity Bank just released a new educational video series on deepfake scams in response to a 40% year-over-year increase in fraud and cybercrime reports. Using readily accessible AI technology, scammers impersonate celebrities like Keanu Reeves in scams targeting Canadians 55+ With better technology, comes new scams. And real estate deepfake scams are the latest to watch out for.

Banks 98

Banks Technology Land As-is 98

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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.

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