Fri.May 26, 2023

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6 Best Summer Projects for House Flippers

Realty Biz

House flipping done well can be a profitable enterprise for real estate investors, but the process is not without its risks or potential pitfalls. House flipping shows on TV are entertaining, but the reality is that it takes years to learn the business of house flipping, inside and out. One essential house-flipping skill acquired over time is knowing which projects or renovations will provide the best return on investment (ROI) and help that house sell quickly once it goes on the market.

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Borrowers could save $100 a month or more by shopping around for mortgages: CFPB

Housing Wire

Borrowers seeking mortgage financing to purchase a home could find themselves saving $100 a month or more by shopping around, and locating cheaper lenders with which to do business. This is according to a new blog post published this week by the Consumer Financial Protection Bureau (CFPB). By analyzing Home Mortgage Disclosure Act (HMDA) data from 2021, the CFPB determined that mortgage rates paid by consumers vary across a wide variety of lenders, including for mortgages backed by Fannie Mae an

Mortgages 414
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CEO of fast-growing platform pitches ‘brokerage as a service’

Real Estate News

Pinnacle Realty Advisors CEO Sam Sawyer discusses his company’s model, growth trajectory and the traps they’re trying to avoid along the way.

Brokerage 279
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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams. In January, a report from wire fraud prevention firm CertifID in conjunction with the U.S. Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud.

Title 397
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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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Fewer people are moving, but those who are seek new communities

Real Estate News

The latest Redfin report finds that while moving is down overall, a higher percentage of those who move are relocating to other parts of the U.S.

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Tips for growing your title business in a down market

Housing Wire

Whether you believe the worst market conditions are now behind us or that the coming months will remain turbulent, there’s no doubt that title related businesses will need a combination of thrift, ingenuity, innovation and persistence to be successful for the foreseeable future. And yet, it’s during times just like these that tomorrow’s leaders and success stories often emerge.

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Moving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC]

Keeping Current Matters

If you want to sell your house, consider doing it this summer.

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Brokerage Beat: Growth at Christie's, Real, E&V, C21, Beach Homes

Real Estate News

Christie's expands on E. Coast and Australia; Real moves into S. Dakota; E&V expands in Florida, Bahamas; Century 21 adds NY affiliate; Beach Homes launches.

Brokerage 257
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Mosaik is peak client experience, the ideal agent productivity solution: Tech Review

Inman

Mosaik is an operating system for the client experience, handling listings, tasks, transactions and relationships for real estate agents and teams.

Agents 195
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What to Know About Building Permits When Buying or Selling

RIS Media

Owning a home brings many opportunities to improve and add your personal touches. However, before making significant improvements, you need to get permission from the local authorities. To do so, you need a building permit. Understanding what a building permit is and how it works is essential. Local government agencies issue building permits as approval… The post What to Know About Building Permits When Buying or Selling appeared first on RISMedia.

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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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Here’s the story: Iconic ‘Brady Bunch’ home hits market for $5.5M

Inman

The home in Studio City was renovated by HGTV in 2019 and has since been used in a number of the network's specials and series. Now one lucky buyer will be able to keep a piece of television history.

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Rookie Reply: Best HVACs, HELOCs, and Using Home Equity to Buy Rentals

Bigger Pockets

Want to know how to use your home equity to buy your next rental?

Equity 126
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Your business shouldn’t advertise for Memorial Day. Here’s why

Inman

Should you advertise for Memorial Day? Jessi Healey, a previous military spouse and social media expert sounds off on what is and isn't appropriate over May's annual three-day weekend.

Agents 158
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What Is a Housing Market Correction and How Does It Really Impact You?

Bigger Pockets

You've probably heard a lot about a housing market correction recently. This article explains what causes a correction and how it impacts investors.

Marketing 124
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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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Mortgage rate gap among lenders wider than previously understood

Inman

A homebuyer taking out a $300,000 loan could end up overpaying by $1,200 a year — and even more if they're in the market for a jumbo, FHA or VA mortgage, according to a new CFPB analysis.

Mortgages 158
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How Do Real Estate Pros Stand to Be Impacted by Montana TikTok Ban?

RIS Media

On May 17, 2023, Montana became the first U.S. state to ban TikTok. The bill, SB419, was passed by the Montana House of Representatives in a 54 – 43 vote and signed by Governor Greg Gianforte (R-MT). The legislation outlaws TikTok from being used within Montana state lines. TikTok parent company ByteDance and App stores… The post How Do Real Estate Pros Stand to Be Impacted by Montana TikTok Ban?

MLS 116
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NAR membership, grim outlooks, beating the odds: Inman’s Top 5

Inman

Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.

Brokerage 158
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Food for Thought? Agents Say Grim Homebuying Poll Results Out to Lunch

RIS Media

There aren’t that many products in which consumers read about or hear on the news whether people think it’s a good or bad time to buy them. Supermarket shoppers don’t normally wonder whether they should or shouldn’t get grapes or paper towels based on the opinion of others. And it’s unlikely that many folks take… The post Food for Thought? Agents Say Grim Homebuying Poll Results Out to Lunch appeared first on RISMedia.

Agents 111
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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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Fathom Realty announces slew of new leadership hires

Inman

The North Carolina-headquartered real estate firm announced the hiring and promotion of new district directors in five key markets.

Marketing 158
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Setpoint Acquires Resolute Diligence Solutions

RIS Media

Setpoint has acquired Resolute Diligence Solutions, a due diligence provider focused on Single Family Rental (SFR) and Residential Transition Loans (RTL). Resolute, according to a release, is the preferred partner by the world’s largest banks and private lenders as well as originators. The combination of Resolute’s outstanding service and Setpoint’s technology will revolutionize fintech lending. … The post Setpoint Acquires Resolute Diligence Solutions appeared first on RISMedia.

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Florida agents fear unintended consequences of real estate ban

Inman

Senate Bill 264 goes into effect in July. It might not have a big impact on the buying power of foreign citizens, but the ripple effects of the law's suggestively biased tone may set a precedent.

Agents 158
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Cinch Home Services Recruits New CFO

RIS Media

Cinch Home Services has announced that Heather Williams is joining the company as Chief Financial Officer (CFO). “Heather’s talents and extensive tech-forward financial experience made her a clear fit for our executive team and we are thrilled to have her join us,” said Steve Upshaw, Chief Executive Officer of Cinch. “Her innate ability to drive… The post Cinch Home Services Recruits New CFO appeared first on RISMedia.

As-is 111
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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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Private mortgage insurers have friends in high places

Inman

House lawmakers ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68 billion in risk since 2015.

Mortgages 158
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Luxury Real Estate Headlines: Fourth Week in May 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Nice, France | Côte d’Azur Sotheby’s International Realty The French artist lived in this two-bedroom apartment for more than 10 years. Henri Matisse’s Former French Riviera Apartment Hits the Market for $2.7 Million – Robb Report In Santa Fe’s Priciest ZIP, Buyers Choose Between Gated Communities – The Wall Street Journal By Design: NYC Gilded Age Townhouse – CBS New York A 1920s L

Design 108
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Pro athlete playbook: A winning formula for real estate sales

Inman

Working with professional athletes can be both exciting and challenging, but it's an incredibly rewarding experience, according to Atlanta agent Chad Carrodus.

Sales 148
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In Advocacy, REALTORS® Take the Lead

RIS Media

Last year was a year of action by the National Association of REALTORS® (NAR) that achieved tangible legislative and policy results on affordable housing supply. This year, we’re continuing this fight. Because of our work in 2022, Congress knows a shortage of 5.5 million affordable homes available for purchase—the largest such shortage in 50 years—has… The post In Advocacy, REALTORS® Take the Lead appeared first on RISMedia.

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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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Zillow expands ‘post-pay’ Premier Agent model to 2 new markets

Inman

The expansion is part of Zillow's "enhanced markets" program, which is now in six cities and part of the company's efforts to eventually build a real estate "super app.

Marketing 148
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Mortgage Mix: Debt-Ceiling Uncertainty Influences Mortgage Market

RIS Media

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. The 30-year fixed mortgage rate experienced some upward pressure as debt-ceiling debates continued this week. According to the latest Primary Mortgage Market Survey® from Freddie Mac, rates hit 6.57%, climbing 18 basis points from the… The post Mortgage Mix: Debt-Ceiling Uncertainty Influences Mortgage Market appeared first on RISMedia.

Mortgages 106
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Olympic training, ballet, real estate — now, ‘Kendra Sells Hollywood’

Inman

Meet McKenzie Ryan. From her Olympic training days to her passion for the NYC skyline to what's going down on Season 2 of "Kendra Sells Hollywood," Inman sat down with Ryan to get the Real Tea on everything.

Agents 122
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The Flight to Quality: Recruiting Opportunities in a Challenging Market

RIS Media

Moderator: Kymber Lovett-Menkiti, President, Keller Williams Capital Properties, Washington D.C.; Broker Relations Liaison, National Association of REALTORS® (NAR) Panelists: Lauren Smith, Designated Broker, Windermere Real Estate, Seattle, Wash. Gary Scott, President, Allen Tate, REALTORS®, Charlotte, N.C. Lindsay Dreyer, CEO, City Chic Real Estate, Washington, D.C.

Marketing 106
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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.