Wed.Feb 10, 2021

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Zillow to buy ShowingTime for $500M

Housing Wire

Zillow entered a new corner of real estate Wednesday, announcing a definitive agreement to buy ShowingTime for $500 million. The splashy buy further situates Zillow as more than a website with pictures of homes for sale, but a competitor to real estate brokerages. The Seattle-based company announced in September Zillow Homes, a traditional brokerage business, hiring agents in Phoenix, Tuscon, and Atlanta.

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The Luxury Market Is Attracting Buyers in 2021

Keeping Current Matters

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report , the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market has seen one of its strongest years since 2008.

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Mortgage applications dip as rates climb

Housing Wire

The seesaw nature of mortgage applications continued for the week ending Feb. 5, as applications decreased 4.1% from the prior week, according to the latest data from the Mortgage Bankers Association. Applications were up 8.5% the week ending Jan. 29 – breaking a two-week stretch of decreases – before falling again last week. Mortgage rates have increased in four of the six weeks of 2021, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting

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Give the Gift of DIY: 7 Home Improvement Ideas for Valentine’s Day

Realtor.com

Maryviolet/Getty Images Greeting cards, romantic dates, flowers, and chocolates are the gold standard for Valentine’s Day. But this year, why not go bigger ? The best Valentine’s Day gifts are those that can be enjoyed for years. “DIY or home improvement projects create lasting memories reflective of a special bond between people,” says Cristina DePina , founder and principal designer of Cristina DePina Interior Design, in Worcester, MA.

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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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Sierra Pacific to use CoreLogic’s appraisal platform

Housing Wire

Lender Sierra Pacific Mortgage (SPM) announced Wednesday it will use CoreLogic’s collateral valuation platform in order to streamline future home appraisals. In a press release, SPM officials said the CoreLogic platform will increase underwriting capacity, while expediting the review process and enabling consistent and precise analysis of appraisal data.

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George Strait Slices Price of Custom-Built Home in San Antonio to $7.5M

Realtor.com

The country music star George Strait has recorded a price cut on his custom-built San Antonio, TX, estate. The King of Country’s residence is now available for the discounted sum of $7.5 million. The musician’s estate first appeared on the market in 2019 for $8.9 million, so the price reduction is a hefty discount on the earlier asking price. For a buyer, the offering hits all the right notes. 1/5 Living and dining area (LRES) 2/5 Copper top bar (LRES) 3/5 Office (LRES) 4/5 Master bedroom (LRES

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Mortgage Activity Remains Higher Year-over-Year

Eye on Housing

For the four-week period ending on February 5, 2021, the Mortgage Bankers Association’s (MBA) latest Weekly Application Surveys showed sustained elevated activity, unseen through most of 2020, except at the outset of the COVID-19 pandemic. Additionally, the MBA’s tracked 30-year fixed-rate mortgage hovered a few basis points above 2.9%, reaching 2.96% in the latest week.

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This Newly-Built Encino Home Went Viral for All the Right Reasons

Fancy Pants Homes

If you’re looking to feast your eyes on a beautiful, amenity-rich mansion with modern interiors and a killer guest house, you’re in for a treat. We’ve found the perfect home to dream about in the heart of sunny Los Angeles in the hip, relaxed neighborhood of Encino. So have hundreds of thousands of other luxury home enthusiasts that follow one of the most popular real estate channels on YouTube.

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Privacy issues and real estate listing photos (+ how to get yours removed)

The American Genius for Real Estate

(REAL ESTATE) Listing photos are the currency of real estate sales, but understanding the process can be complex. Here's what you need to know. The post Privacy issues and real estate listing photos (+ how to get yours removed) appeared first on The American Genius Real Estate.

Sales 111
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4 Things We Love About 2021’s New American Home—and 3 Things We Could Do Without

Realtor.com

Courtesy of Jeffrey A. Davis and Pro Builder Media Are we nearing the end of the stream of reality TV–ready homes with all-white kitchens and gray tones everywhere? If this year’s New American Home® is any indication, then you can bet on it. The annual show home constructed to display the most exciting new amenities, styles, and technology is a big departure from the luxury residences of the previous few years.

Design 111
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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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Is now a good time to buy a house? What home buyers in 2021 should know

The Mortgage Report

Is now a good time to buy a house? Low rates will help some first-time buyers, but COVID will hinder others. Here's what you should know.

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Canadian Employment Data Shows A K-Shaped Recovery Is Forming For Young People

Better Dwelling

Canadian unemployment is world class amounts of bad, but it’s even worse if you’re a young person in the country. OECD data shows the rate of unemployment amongst member states. Canada is currently a big stand out, with the highest rate amongst G7 countries. The unemployment trend isn’t evenly spread out though, with young people […]. The post Canadian Employment Data Shows A K-Shaped Recovery Is Forming For Young People appeared first on Better Dwelling.

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Zillow Group to Acquire ShowingTime for $500 Million

RIS Media

Zillow Group has announced that it has entered into a definitive agreement to acquire ShowingTime.com, Inc., the online scheduling platform for home showings, for $500 million. In a statement released by Zillow Group Wednesday, the company said touring is one of the most important steps in the home shopping and selling journey, and ShowingTime’s technology has streamlined and dramatically improved the touring experience.

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Bed Stuy’s The Narrativ Reopens With Brooklyn Kettle Coffee Shop

Brownstoner

On a recent Friday, The Narativ House x Brooklyn Kettle Cafe was busy with people popping in for coffee and to congratulate the owners on the shop. The revamped space at 385 Tompkins Avenue in Bed Stuy opened January 15 as a cafe that also sells home decor objects and… Read More > The post Bed Stuy’s The Narrativ Reopens With Brooklyn Kettle Coffee Shop appeared first on Brownstoner.

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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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Keeping the Lead Pipeline Full

RIS Media

Homes.com helps New Jersey real estate professional find continued success. Yowell. With more than five decades of experience in the real estate industry, Joan E. Yowell—broker associate of Galloway, N.J.-based Better Homes and Gardens Real Estate Maturo Realty Group—understands what it takes to succeed. Obtaining her broker’s license in 1970, Yowell and her husband had an office in Stafford, New Jersey, and she eventually branched out to other offices in the state.

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4 Romantic Backyard Valentine’s Date Ideas

First Team Real Estate

The safest – and most romantic way – to celebrate Valentine’s Day with your special someone is with a special night at home. Make your home the most amazing place to be this year and craft your Valentine’s date around your happy place. With a few extra fixings and creative ideas, you can create a romantic night to rival any overpriced holiday excursion.

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3 Luxury Staging Trends to Take ‘Center Stage’ In 2021

RIS Media

Most luxury real estate professionals and their clients know staging trends are important. But did you know staging changes as the market evolves? Of course, there are timeless aspects of staging…. Aspects like making repairs, depersonalizing the space, or giving the place a fresh coat of paint that will never go out of style. And yet, are you aware that there’s more than one way to “go neutral” these days?

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Taylor Hack Takes Us from Lone Wolf to Wolf Pack

Lab Coat Agents

This article is a sponsored post and was originally featured on The Follow Up Boss Blog. It took Taylor Hack just three years from the start of his real estate career to be in the top 2% of RE/MAX agents worldwide. Since his teens, Taylor has had a hunger to win and an intrinsic ability to connect with people—not to mention a knack for negotiating. “I’ve probably negotiated about half a billion dollars over the course of my career,” he reckons.

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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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Are You Leading the Pack? Deadline Approaching for RISMedia’s Power Broker Survey

RIS Media

Don’t miss the opportunity to showcase your ranking as an industry powerhouse. The deadline for RISMedia’s 33rd annual Power Broker Survey, the industry’s longest-running, preeminent ranking by residential sales volume and transactions, is quickly approaching. The deadline for submissions is Feb. 16, 2021. For those who participated in past years, you should have received an email from RISMedia with a link to complete the survey.

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The Palm Beach Show In West Palm Beach

Waterfront Properties

The popular Palm Beach Show is back for another year beginning this weekend for a week at the Palm Beach County Convention Center. The Palm Beach Shows features exciting collections of art, jewelry, antiques, and design. The show draws private collectors, museum curators, investors, high end interior designers, and the general public. Attend the show and browse through more than 125 international and domestic exhibitors displaying a stunning array of works from every time period.

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RISMedia’s Newsmakers: Celebrating the Industry’s Achievers and Crusaders

RIS Media

If the industry learned one thing this past year, it’s that resiliency is key to a successful business model. We recently announced the RISMedia 2021 Real Estate Newsmakers , individuals who didn’t falter when faced with the newfound challenges introduced in 2020, and instead took charge by adapting to the new environment and searching out new ways to make an impact.

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2021 PBKC Mutt Derby

Waterfront Properties

Is your dog FAST? Back by popular demand after 20+ years, this Saturday, January 13th 2021, Palm Beach Kennel Club is bringing back the “Mutt Derby” where your dog can be a racing star for the day The day will be filled with lots of activities for the family, a pet parade with the National Anthem, live entertainment, a dog costume contest, and trackside BBQ.

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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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Parks Realty Awarded RELO® Quality Certification

RIS Media

Parks Realty has been awarded the RELO® Quality Certification from Leading Real Estate Companies of the World® (LeadingRE), a global network of 550 market-leading real estate firms. The RELO® Quality Certification (RQC) quantifies and qualifies relocation service excellence. Modeled after the Malcolm Baldrige National Quality Award, it was created by LeadingRE to provide measurable standards for the pursuit of relocation excellence.

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Thinking of Moving to New Jersey? RSVP for This Free Brownstoner Webinar on February 25

Brownstoner

New Yorkers looking to make the move to New Jersey will get valuable insights into Maplewood, South Orange, Montclair, West Orange and surrounding towns during "Thinking of Moving to New Jersey?" on February 25 at 3 p.m. The free webinar, part of the Brownstoner Home Events series, will feature Allison Ziefert and… Read More > The post Thinking of Moving to New Jersey?

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BHHS Adds Zambito REALTORS® to Global Franchise Network

RIS Media

Berkshire Hathaway HomeServices recently announced the addition of Zambito REALTORS® to its esteemed network. The company will add three offices and 35 agents to the global brokerage network, now operating as Berkshire Hathaway HomeServices Zambito REALTORS® and Berkshire Hathaway HomeServices Western New York Properties. “We decided to join the Berkshire Hathaway HomeServices network because of its unique technology and marketing tools that will give our agents access to more when assisti

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Instagram-Popular Brooklyn Heights Row House With Harbor View, Wine Cellar Wants $18 Million

Brownstoner

Chances are if you have drooled over beautiful pictures of Brooklyn Heights architecture on Instagram, you have spotted this 19th century row house. With its bright facade and always perfectly planted window boxes, it and its neighbors on Columbia Street pop up frequently. It's appeared on Brownstoner's own Instagram channel… Read More > The post Instagram-Popular Brooklyn Heights Row House With Harbor View, Wine Cellar Wants $18 Million appeared first on Brownstoner.

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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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Mortgage and refinance rates today, February 10, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was only the second fall in nine working days, though they held steady on Monday. Luckily, all recent […].

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How To Find Apartments For Rent In Michigan

Agent Drive

Finding apartments for rent in Michigan is a top priority for many people, but the challenge lies with finding the right apartment. You need to find the right price, agent and apartment. As an agent, the most important thing when selling an apartment in Michigan is to understand the local house market. What makes a […]. The post How To Find Apartments For Rent In Michigan appeared first on AgentDrive.

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LPC Approves Row of ‘Brutalist’ Townhouses in Stuyvesant Heights Historic District

Brownstoner

After being forced to return to the drawing board late last year, a proposal to construct four modern-looking townhouses in a vacant lot in Bed Stuy was approved with modifications by the Landmarks Preservation Commission Tuesday morning. Located at 39 Chauncey Street, at the corner of Lewis Avenue in the… Read More > The post LPC Approves Row of ‘Brutalist’ Townhouses in Stuyvesant Heights Historic District appeared first on Brownstoner.

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Items to Slash From Your Grocery List

RIS Media

As more Americans move towards better health, saving money and keeping the planet healthy high up on their to-do lists, consumer advocates point to painless ways to accomplish all three. If you’re listening, check out this list of things you should stop buying now: Disposable Wipes – Baby wipes, dusting and disinfectant wipes are handy, but not much good for a planet coping with overflowing landfills.

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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.