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.
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.
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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.
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.
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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.
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
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
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
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.
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
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 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.
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?
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.
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.
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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 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.
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.
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.
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.
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 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.
Realty Biz
MARCH 23, 2023
A reverse mortgage is a type of loan that allows homeowners who are 62 years or older to convert a portion of their home equity into cash without having to sell their home or make monthly mortgage payments. Here are the steps to apply for a reverse mortgage: To apply for a reverse mortgage, you will need to meet certain eligibility requirements. These requirements include being at least 62 years old, owning your home outright or having a low mortgage balance that can be paid off with the reverse
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.
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.
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 23, 2023
It's time to implement superior copywriting techniques in the real estate space to help connect with buyers logically and emotionally.
Broke Agent Media
MARCH 23, 2023
Building a magnetic social presence (on any platform) isn’t something that happens overnight. It takes daily, purposeful action and a commitment to engage with other people on the platforms you’re using. You can’t afford to coast on this one—not if you want to make a real impact on social media. Good branding depends on intentional posting and engagement.
Inman
MARCH 23, 2023
Dating to the late 1700s, the estate known as Kirkwood Farm features five historic farmhouses, two barns and a springhouse.
Realty Biz
MARCH 23, 2023
The number of blog posts you should post per day on your website for better SEO depends on several factors such as the quality of your content, the competitiveness of your niche, and the resources available for creating and promoting your content. In general, it's recommended to focus on creating high-quality content that provides value to your audience rather than solely aiming for a specific number of posts per day.
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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 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.
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.
Inman
MARCH 23, 2023
In its inaugural sustainability report on Wednesday, Redfin shared its efforts to improve housing access, equity and sustainability alongside corporate diversity and inclusion.
NAR: Economic Outlook
MARCH 23, 2023
Instant Reaction: Mortgage Rates, March 23, 2023 Mortgage rates fell even further this week. With rates below 6.5%, more Americans can purchase a median-price home by without being cost-burdened.
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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