Fri.May 26, 2023

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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 374
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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 382
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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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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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OneMain Financial to pay $4.25 million to New York State over cybersecurity lapses

Housing Wire

New York State’s Department of Financial Services (DFS) announced this week that mortgage lender and servicer OneMain Financial will pay a $4.25 million penalty due to lapses in its cybersecurity controls by “failing to effectively manage third-party service provider risk, manage access privileges, and maintain a formal application security development methodology.

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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 217

More Trending

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In a slow market, more sellers are willing to make a deal

Real Estate News

A Redfin report found that nearly 43% of home sellers made concessions in the early spring, a big jump from 26% a year ago.

Marketing 235
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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 177
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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.

As-is 144
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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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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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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 111
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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 153
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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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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 145
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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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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 107
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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 132
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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 107
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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 131
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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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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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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 138
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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 103
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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 129
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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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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 103
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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 133
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Interview: When Playing the Long Game Pays Off

RIS Media

For HomeTeam Inspection President Adam Long, being a part of the real estate industry for 18 years has been richly rewarding. “At the end of the day, it’s all about helping clients and, especially from a home inspection standpoint, making sure they know what’s going on with their most important purchase,” he says. As the… The post Interview: When Playing the Long Game Pays Off appeared first on RISMedia.

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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 106
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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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The Power Broker Interview: Josh Harley On Tackling a Challenging Market

RIS Media

Editor’s Note: RISMedia recently released its 2023 Top 1,000 Power Brokers, exclusively for RISMedia Premier Members. In this special interview series, we talk to some of our top-ranking brokers to garner their insights and strategies for sustaining their firms’ success. For more information, click here. Josh Harley, the CEO of Fathom Realty, says agents at… The post The Power Broker Interview: Josh Harley On Tackling a Challenging Market appeared first on RISMedia.

Marketing 103
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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 135
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Weichert Hosts Premier Client Group Event in Denver

RIS Media

Weichert Real Estate Affiliates, Inc. held its annual Premier Client Group (PCG) event earlier this month in Denver, the company announced. The event welcomed owners from the top 30 Weichert® franchised companies in the national system—based on their 2022 production—for three days of networking, management-focused discussions, informational presentations, and a group outing to a Colorado… The post Weichert Hosts Premier Client Group Event in Denver appeared first on RISMedia.

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NAR’s incredible shrinking membership roster: The Download

Inman

Take a look at the new membership numbers, then find out how to gain mindshare in your market with a well-developed content marketing plan.

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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.