Tue.Jun 20, 2023

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Affordable housing woes paint a ‘bleak picture’

Seattle Times Real Estate

Developers of affordable housing have been stymied since the pandemic by additional challenges, including higher costs for materials and labor, and stricter lending practices.

Lending 69
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Protecting homeowners from predatory business practices

Housing Wire

June is National Homeownership Month. It is a month when we celebrate the American Dream of homeownership and reflect on the current challenges that homeowners are facing today. The purchase of a home is one of life’s largest and most important investments, and it is critical that homeowners remain vigilant to protect this investment. During this National Homeownership Month in particular, homeowners should be wary of a new business practice preying upon vulnerable homeowners — non-title record

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Lose the white paint — the mood of the day is gray

Real Estate News

The latest paint color analysis from Zillow finds that buyers are willing to pay more for a home with dark gray and earth-tone walls.

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Truist taps David Smith as next head of mortgage business

Housing Wire

North Carolina-based Truist Financial Corporation announced on Tuesday that seasoned mortgage executive David Smith will be the head of Truist Mortgage effective July 31. Smith will replace the soon-to-be-retired Todd Chamberlain, who will assist with the transition. Smith, whose experience includes leadership roles at companies such as Keller Williams and CitiMortgage , will oversee the strategy and execution of originations, fulfillment, servicing and warehouse lending.

Mortgages 370
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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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Why the Median Home Price Is Meaningless in Today’s Market

Keeping Current Matters

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week.

Marketing 199
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Figure Technologies launches wholesale lending platform

Housing Wire

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. New wholesale partners of Figure can leverage the company’s HELOC technology to broker loans directly, the company said announcing the launch on Tuesday. “With Figure’s built-in digital origination process, originators have a faster time to market with less upfront hassle, enabling them to ser

Lending 370

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HUD publishes dozens of proposed rules in spring agenda

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) has over 50 proposed rules in the pipeline in its section of the federal government’s 2023 spring regulatory agenda, released last week by the White House. Most of the 51 entries dedicated to HUD are in the “proposed rule stage,” the second of five stages involved in the process prior to full implementation and actual regulatory authority.

Staging 370
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The Netherlands let cities ban landlords. Here’s what happened

Inman

Home prices stayed roughly the same, but rents climbed higher. Researchers say the Dutch experiment undercut supply, though it's unclear exactly how it would play out in the U.S.

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Breaking: Secret Order of Tents Society Granted Tax Exemption, Protecting Historic Bed Stuy HQ

Brownstoner

The historic secret aid society run by Black women that has a headquarters in the magnificent but dilapidated building at 87 MacDonough Street was granted a tax exemption today, according to New York City Council Member Justin Brannan. Brannan, chairman of the committee on finance, said in an email that the… Read More > The post Breaking: Secret Order of Tents Society Granted Tax Exemption, Protecting Historic Bed Stuy HQ appeared first on Brownstoner.

Finance 145
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Housing starts see biggest increase since 2016

Inman

Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data.

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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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The Pros and Cons of a Backup Offer on a House

RIS Media

In the world of real estate, competition can be fierce. Multiple buyers are not uncommon to be interested in the same property. When another offer has been accepted on a house you set your heart on, there is still hope in the form of a backup offer. A backup offer allows you to position yourself… The post The Pros and Cons of a Backup Offer on a House appeared first on RISMedia.

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Captivate, connect, convert: Instagram lead generation

Inman

Unlock this featured Inman Access class to hear from Michelle Berman as she shares strategies to utilize Instagram to power up your engagement, create new connections and convert new leads

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Huge Surge in Housing Starts Defies Predictions

RIS Media

Despite significant doom and gloom in other macroeconomic areas, data on housing starts is providing a positive counterpoint, underscoring increased confidence around the near future of housing as buildings and developers push construction of new units to a 13-month high. A massive 21.7% increase from the previous month put new starts at a seasonally adjusted… The post Huge Surge in Housing Starts Defies Predictions appeared first on RISMedia.

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Will chatbots make housing discrimination worse?

Inman

New artificial intelligence technology can recommend real estate listings based on neighborhoods' ethnic makeup. Experts are worried about the tech's potential for discrimination.

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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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Inside the Sebastiani Family’s “Fleur de Lys” Estate

Sotheby's International Real Estate

According to local wine country lore, when Samuele Sebastiani immigrated to California from Tuscany, he set about creating a foundation for himself in the area—almost literally, given that his first trade was mining stone used to pave the streets of the fast-growing city of San Francisco. Within a decade, Samuele had purchased land in the rolling hills and valleys to the north, in Sonoma, and began making wine that he sold to area restaurants.

Land 130
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Miami Realtors sweetens tech recipe with Chocolatechips.ai

Inman

Agents who use the new system can rapidly generate social media content, marketing visuals, property descriptions and other assets to boost market attention.

Agents 157
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Traveling the World Thanks to One $6,500/Month Rental Property

Bigger Pockets

A house hack that covers all living expenses and allows you to travel the world!? Many people dream of making passive income from real estate, but only some take action.

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Now LiveEasy, moving concierge is all-in on life after closing

Inman

Moving technology and concierge company MoveEasy has rebranded as LiveEasy to accommodate new tools, better connectivity and its introduction to the rental market.

Closing 148
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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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Top Tech for Real Estate Agents

RIS Media

As a real estate agent, staying on top of the latest technological trends isn’t just a good idea—it’s a must if you want to set yourself apart from your competition and effectively manage the moving parts of your career. As technological innovations are constantly evolving, here’s a look at some of today’s most useful tools… The post Top Tech for Real Estate Agents appeared first on RISMedia.

Agents 109
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Truist puts former Keller Williams exec in charge of home loans

Inman

David Smith will oversee Truist's direct, correspondent and warehouse mortgage channels as well as servicing for more than 1.2 million homeowners.

Loans 148
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Where Are Housing-Market Challenges Taking a Heavier Toll?

RIS Media

The Western region is bearing the greater brunt of the housing market slowdown, while the Midwest, South and Northeast remain less affected, according to a new report from ATTOM. ATTOM’s Q1 2023 Special Housing Impact Report found that 23 of the 50 counties considered most affected by the housing market drop-off (from among 572) were… The post Where Are Housing-Market Challenges Taking a Heavier Toll?

Marketing 104
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7 retirement milestones every real estate agent should prepare for

Inman

Retirement may seem like a distant dream, but, according to CFP Jordan Curnutt, understanding the key age milestones can make all the difference.

Agents 148
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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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Team Tactics: Getting To Know Your Teammates Pays Dividends

RIS Media

Being part of any team means working together; that takes mutual trust, cooperation and understanding. But you can’t achieve any of those if you don’t know the other person. If you can cold call leads to convince them to become your clients, then striking up a friendship with someone else in your office will be… The post Team Tactics: Getting To Know Your Teammates Pays Dividends appeared first on RISMedia.

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WATCH: 4 video strategies I used to navigate the last downturn

Inman

Consistently creating and posting your video content on social media helps you stand out and make an impact in your market.

Marketing 148
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NAR Earns ‘Great Place to Work’ Distinction

RIS Media

The National Association of REALTORS® (NAR) has again been identified by the Great Place to Work Institute as one of the top employment destinations in America. Organizations that have been Great Places to Work certified typically report higher levels of customer satisfaction and lower rates of voluntary turnover. “The workforce has changed dramatically since the… The post NAR Earns ‘Great Place to Work’ Distinction appeared first on RISMedia.

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Does being ‘anti-woke’ constitute a code of ethics violation?

Inman

Hate in this country seems to be gaining popularity in a growing “anti-woke” movement that is pushing back against displays of support for Diversity, Equity, and Inclusion. Trainer Rachael Hite asks, "How does all this rhetoric land when upholding our Code of Ethics?

Equity 120
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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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Sister Act: Milkovich Team Leads the Way for John L. Scott Real Estate

RIS Media

Kristine Milkovich, left, and Lisa Milkovich It was when doves cried for the final time in Seattle that sisters Lisa and Kristine Milkovich knew joining forces to become a powerhouse team for John L. Scott Real Estate was their destiny. And so it has been. The result? $56 million in sales volume last year. The… The post Sister Act: Milkovich Team Leads the Way for John L.

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See inside Walt Disney’s former home that rents for $40K a month

Inman

The home Disney built in the early 1930s and lived in for nearly two decades, while releasing some of his company's most iconic films, is available for rent in Los Angeles' Los Feliz neighborhood.

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15 Clever Real Estate Pop-by Ideas to Get More Referrals

The Close

If you’re looking for clever real estate pop-by ideas, you’ve come to the right place. After all, we’re not just real estate marketing experts, we’re also pun-believably good at spotting cheesy chuckles that are guaranteed to put a smile on your past client’s face. Oh, and (hopefully) score you a referral. Here are 15 of our favorite real estate pop-bys with links to purchase, pricing, gifting strategies, and who they’re best suited for on your list of past clients.

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Understanding HOA Fees: A Comprehensive Guide

Maximum Exposure Real Estate

Many home buyers ask what an HOA is and what they do. Homeowners associations (HOAs) play a significant role in many residential communities, providing various services and amenities to enhance the living experience for homeowners. One of the essential aspects of HOAs is the collection of HOA fees or homeowners association fees. In this guide, […] The post Understanding HOA Fees: A Comprehensive Guide appeared first on Maximum Real Estate Exposure.

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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.