Fri.Oct 23, 2020

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Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. “What we’re seeing here in Palm Beach is a total frenzy,” Dana Koch, a sales associate with Corcoran Group , the Koch Team in Palm Beach, told HousingWire.

Marketing 536
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Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may not stand out from the crowd.

Marketing 279
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Hours before its IPO fizzled, Guild Mortgage agreed to pay $25M to settle federal lawsuit

Housing Wire

Just before its stock debuted at a disappointing $15 a share, Guild Mortgage settled a federal lawsuit that claimed the lender knowingly breached legal requirements when it originated and underwrote FHA loans. Guild agreed to settle the federal lawsuit, brought by the Department of Justice , for just under $25 million, the government said Thursday. It did not admit to any wrongdoing.

Mortgages 491
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77% of Remodelers Report A Framing Lumber Shortage

Eye on Housing

With the recent increases in the price of many residential construction materials, and in particular softwood lumber, NAHB wanted to get a better understanding of how these price increases are impacting remodelers. In the Q3 2020 Remodeling Market Index (RMI), remodelers were asked to report on material shortages, if any, as well as material price changes over the last six.

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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 lenders should text their prospects

Housing Wire

HousingWire recently spoke with Verse founder and CEO David Tal about the lead conversion gap and how Verse is helping lenders engage and nurture leads. HousingWire: What’s causing the gap between sales and marketing? David Tal: The massive gap between sales and marketing is caused by a number of factors and challenges faced by marketing and sales teams, and the difficulty for either of them to solve it.

Sales 458
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Wayne Gretzky is Selling his $22.9M California Home Designed by ‘The Megamansion King’

Fancy Pants Homes

Canadian ice hockey legend Wayne Gretzky is looking for a buyer for his sprawling Colonial Revival-style estate in Thousand Oaks, Calif. The gated (and highly private) compound has 13,000 square feet of luxury living space spread across a 6-bed, 8-bath main house and two guest houses, which Gretzky and his wife, Janet, are hoping will fetch them $22.9 million.

Design 126

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Looking for a Life Change? Skate Into a Roller Rink on Sale for $359K

Realtor.com

realtor.com If you’re itching to become an entrepreneur, make your way to the hills of West Virginia. We’ve found a listing for a buyer looking to break into the business world in one fell swoop. A 5.43-acre spread offers a roller-skating rink, a birthday-party venue, a haunted house, and assisted-living apartments, all under one roof. Oh, and there are owners’ quarters, so you can keep a close eye on your investment.

Sales 126
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Lone Wolf Technologies plans to accelerate growth with investment from Stone Point Capital

Housing Wire

Stone Point Capital has purchased Vista Equity Partners’ stake in real estate software company Lone Wolf Technologies. Stone Point will become Lone Wolf’s lead institutional investor, powering the next phase of its growth and expanding its product offering, the company said. The investment by Stone Point, a financial services-focused private equity firm, will help Lone Wolf streamline its end-to-end experience for agents and brokers and accelerate organic and inorganic product develo

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Shag Carpet Everywhere! Must-See Time-Capsule Home From 1971

Realtor.com

Wes Nofire Grab the bell bottoms. A vacation house that basically hasn’t been touched since the 1970s is on the market, and the interiors are amazing. The lake house on East Fishermans Road on Lake Tenkiller in Gore, OK, is on the market for $299,000. “It still has the original front door, so you kind of have to push a little bit hard to get it open.

Agents 122
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Canadian Condo Buyers At The Beginning Of The Pandemic Now Nearly Underwater

Better Dwelling

First-time homebuyers were warned at the beginning of the pandemic, and a lot didn’t listen. Now some are seeing exactly what the Canada Mortgage and Housing Corporation (CMHC) warned. Canadian Real Estate Association (CREA) condo apartment price data shows a few markets have seen buyers lose a chunk of their down payment. There are some […].

Mortgages 120
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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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After Hours Relationship Building – October 24th

GeekEstate

We’re trying a new networking approach that we’re calling After Hours. We’ll do it over a Saturday breakfast (this week, October 24th)… yes, you have permission to eat :). The event is for GEM members , but we have room for a few guests. This weekly meet up is being modeled after a group Jack Burns was involved with in LA that grew to 200 entertainment industry execs, that started with just a few people getting together for breakfast every Saturday morning.

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Public Guided Tours At The Loggerhead Marinelife Center This Fall

Waterfront Properties

Everyday, the Loggerhead Marinelife Center in Juno Beach hosts their Public Guided Tours for everyone to come and get an up-close look at the sea turtle research and rehabilitation center. During the guided tours, visitors will learn about each sea turtle patients housed there, and the Marinelife Center staff will be there to answer your questions about sea turtles, marine life, and the center itself.

Closing 106
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How to Keep Your Home Safe This Halloween

Realty Biz

Unfortunately, more than seven months into the COVID-19 pandemic, people are still uncertain of what is safe. For example, according to a new survey by Real Estate Witch , only 60% parents said they were planning on trick-or-treating this year, and only a third of those participants said that they would be taking extra precautions. For their part, the Center for Disease Control (CDC) called trick-or-treating a moderate-to-high-risk activity.

Investor 104
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Events At The Lighthouse This October

Waterfront Properties

Only two events are remaining during the month of October at the Jupiter Inlet Lighthouse and Museum. Head to the Jupiter Lighthouse in the next few days and participate and take a tour of the lighthouse grounds. Jupiter Inlet Lighthouse and Museum October 2020 Events Twilight Yoga at the Light: Monday, October 26th at 7 pm This upcoming Monday, October 26th, bring your yoga mat and enjoy the peace and serenity of Yoga on the Lighthouse Deck at sunset.

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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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The 9 best online mortgage lenders for 2020

The Mortgage Report

We name the 9 best online mortgage lenders and review their offerings, service, flexibility, fees and rates. Essential reading for online borrowers.

Mortgages 111
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Luxury Real Estate Headlines: Third Week in October 2020

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. East Hampton, New York | Dana Trotter , Sotheby’s International Realty – East Hampton Brokerage. The interior designer Robert Stilin is selling his home in East Hampton, N.Y., which has lots of entertaining space, a pool and separate guest quarters, for $6 million.

Design 100
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The Terrible, Horrible, No Good, Very Bad Day for REALTORS in the New York Senate

Notorious ROB

I keep having to write posts like this, about NAR, about REALTORs, and the state of the industry. Some of you think I’m picking on NAR, but some of you who have known me longer, have worked with me on a variety of projects, know that I do this out of love. I genuinely believe. Read more. The post The Terrible, Horrible, No Good, Very Bad Day for REALTORS in the New York Senate appeared first on NotoriousROB.

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A Gilded Age Castle With Sweeping Views of the Hudson, in Need of Some TLC, Asks $3.45 Million

Brownstoner

An imposing castle perched above the Hudson may not be everyone's vision of a home restoration project, but this Gilded Age manse offers stunning views, a fascinating history and a challenge to the old house lover. Known as Castle Rock, the manse is a well-known landmark along the Hudson River, its… Read More > The post A Gilded Age Castle With Sweeping Views of the Hudson, in Need of Some TLC, Asks $3.45 Million appeared first on Brownstoner.

As-is 97
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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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Personal Real Estate Corporations (PREC) and higher standards for Ontario Realtors

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Personal Real Estate Corporations (PREC) and higher standards for Ontario Realtors. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction.

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How to Prepare Your Water Heater for the Winter Months

RISMedia

By Anita Ginsburg After a sizzling summer, fall has finally arrived. In many parts of the country, that means getting out the blankets and turning on the heat. However, to keep you and your family warm, there may need to be some home maintenance to take care of first. In particular, you should prepare your […]. The post How to Prepare Your Water Heater for the Winter Months appeared first on RISMedia's Housecall.

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Locals Get a Refresher Course, With Few Answers, About the Proposed Gowanus Rezoning

Brownstoner

The Department of City Planning is restarting the clock on the highly contentious Gowanus rezoning. Thursday night, they presented a “refresher” of their plans to Community Board 6’s Land Use Committee, which includes moves to allow higher density mixed-use development around Thomas Greene Playground and 3rd Avenue, as well as… Read More > The post Locals Get a Refresher Course, With Few Answers, About the Proposed Gowanus Rezoning appeared first on Brownstoner.

Land 89
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Mortgage and refinance rates today, October 23, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. And conventional loans today start at 3.125% (3.125% APR) for a 30-year, fixed-rate mortgage. Does it feel as if […].

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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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How to Build Your Own DIY Fire Pit

Point2Homes

Image: ThreeRivers11 / Shutterstock.com. Temperatures are dropping and we’re all looking for ways to extend our time outdoors. And what better option to add warmth and ambiance to your exterior space than with a fire pit? Whether you’re finding that stores are sold out or you just like to DIY , building your own fire pit is totally within reach. Also, if you think that your yard or balcony is too small for a fire pit, not to worry; we’ve got a DIY fire pit option for even the tiniest of outdoor

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VA funding fee: How much is it and who is exempt?

The Mortgage Report

The VA funding fee sustains the zero-down VA loan program for service members and veterans. See current funding fees and find out who is exempt.

VA loan 98
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Tips for communicating with clients while wearing a mask

Realty Biz

Real estate agents might have noticed since the pandemic began how face masks make it more difficult to show their personality. Wearing a mask can conceal your expressions, hide your smile, muffle speech and lead to misunderstandings between you and whoever you’re talking too. But at the same time, they’re essential in many cases to keep your clients comfortable in these pandemic times.

Agents 85
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Moving to North County

BubbleInfo

The signs are everywhere – the super-frenzy is building. I spoke with a friend in Phoenix yesterday who said the cheaper homes for sale there are flying off the market in 1-2 days: While restrictions are driving people out California, newfound freedom is allowing others to come to San Diego and set roots. San Marcos […]. The post Moving to North County appeared first on bubbleinfo.com.

Sales 80
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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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BETTER HOME AND GARDENS REAL ESTATE KANSAS CITY HOMES’ LEADER CHRISTIAN BARNES NAMED KANSAS REALTOR® OF THE YEAR

Realty Biz

Better Homes and Gardens Real Estate Kansas City Homes has announced that Christian Barnes, its Director of Career Development, has been named the REALTOR ® of the Year by the Kansas Association of REALTORS ® (KAR). She is the 3rd person from Better Homes and Gardens Real Estate Kansas City Homes to win the award, which was first presented in 1948. .

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12 Types of Expert Witness Assignments for Appraisers

McKissock

There are many types of litigation where real estate appraisers can be helpful in providing evidence to the court. Many of these will require engaging the appraiser to perform an appraisal specifically for the case. Others will simply rely on a previous appraisal and call the appraiser to testify about it. Here are twelve types of expert witness assignments for appraisers. 1.

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Susan Sarandon’s NYC Duplex Sells Quickly for Asking Price of $7.9M

Realtor.com

Mark Makela/Getty Images The Academy Award-winning actress Susan Sarandon is also a winner in the world of real estate. She sold her duplex apartment in New York City’s Chelsea neighborhood in record time, for the asking price of $7.9 million. After listing the loft in July with the agents Nikki Field and Mara Flash Blum , both of Sotheby’s International Realty, the star received multiple offers, resulting in a signed contract within two weeks.

Agents 77
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Kitchener-Waterloo board raises $25,702 for Habitat for Humanity

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Kitchener-Waterloo board raises $25,702 for Habitat for Humanity. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The Kitchener-Waterloo Association of Realtors (KWAR) hosted a Realtor Run in support of Habitat for Humanity Waterloo Region.

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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.