App Folio

JUNE 22, 2022

With the rise of digital technology across all industries, consumer expectations have risen — and property management is no different.

Property Management 105

Property Management Technology Industrial 105

Housing Wire

JUNE 22, 2022

JPMorgan Chase , the nation’s largest bank, has started a workforce reduction of its mortgage lending business this week after having been struck by a tightening monetary policy that drove mortgage rates to over 6%. “Our staffing decision this week was a result of cyclical changes in the mortgage market ,” a spokeswoman for JPMorgan wrote in a statement on Wednesday.

Mortgages 504

Mortgages Lending Banks Industrial 504

Keeping Current Matters

JUNE 22, 2022

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind.

Loans 246

Loans Mortgages 246

Housing Wire

JUNE 22, 2022

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, wants to beat rival lenders by offering competitive pricing to brokers, a move designed to navigate a shrinking mortgage market with compressed margins. UWM dropped rates by 50 to 100 basis points across all loan types, the company said in a release. The new program follows UWM’s two-month price-match trial that ends June 30.

Loans 432

Loans Loan Officer Banks Mortgages 432

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Agents

BubbleInfo

JUNE 22, 2022

Hat tip to long-time reader Todd who we saw at the game last night – we did bug out early, but it was only to pick up Kayla at the airport. The Padres walked it off in the 11th inning! Meanwhile, people are wondering where the local real estate market is going to end up. […].

Marketing 117

Marketing 117

Housing Wire

JUNE 22, 2022

Hackers stole the personal information of 1,547,169 clients of Michigan-based Flagstar Bank in December, according to a document sent by the financial institution to the Office of the Maine Attorney General. The cyberattack occurred on Dec. 3 and Dec. 4, 2021, but the company discovered it on June 2, 2022, the document shows. The external data breach resulted in hackers accessing customers’ social security numbers. .

Banks 410

Banks Mortgages Residential Marketing 410

The Mortgage Report

JUNE 22, 2022

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. Since last Wednesday, they’ve barely moved, which is a relief. However, those for conventional, 30-year, fixed-rate mortgages have remained […].

Fixed-rate mortgage 108

Fixed-rate mortgage Mortgages 108

Lighter Side of Real Estate

JUNE 22, 2022

Question: Have you seen the postcards most agents send out? BOOOR-ING! I’m pretty sure they make the prospects sleep-walk on their way back inside the house. It’s not your fault, though. There’s simply not much to choose from if you’re an agent…. …at least not if you want to give your prospects a punch of personality (and actually keep them awake and attentive to your message).

Agents 104

Agents Marketing As-is Mortgages 104

Real Trends

JUNE 22, 2022

They say, “As California goes, so goes the nation,” but when it comes to 21 st Century U.S. real estate, perhaps the bellwether is Phoenix. The Arizona metropolis was ground zero for the housing bubble and the subsequent foreclosure crisis — after which institutional investors began gobbling up distressed properties there. More recently, Phoenix was the hub of iBuying and the fastest rising home prices in the country.

Investor 98

Investor MLS Lending Sales 98

Realty Biz

JUNE 22, 2022

Mortgage rates continue to increase nationwide; inventory is increasing slightly as buyers back off, and the extremely hot seller’s market we saw during the peak of COVID-19 is cooling down. We see terms like “bubble,” “buyer remorse,” and “recession” thrown around, sparking emotion and even fear in some. Is the sky falling? . In May of this year, NAR’s Chief Economist Lawrence Yun referred to the real estate market as uncertain.

Marketing 98

Marketing Staging Branding As-is 98

Advertiser: Trellis

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.

Loans

Norada Real Estate

JUNE 22, 2022

Over the last few years, more and more investors have taken to rental property investment. Demand for rental property has increased with real estate dealers reeking in millions from sales. This rush for property ownership is quite understandable. Rental property investment is one with very promising returns. Do you know about buying rental property with no money down?

Hard money loan 98

Hard money loan Purchase and sale agreement Loans Banks 98

Real Trends

JUNE 22, 2022

Top-performing agents David Mayer, Michael Hania and Raphael Sitruk are joining forces at The Corcoran Group to form The MHS Team , according to a recent announcement. The new team will be based out of The Corcoran Group’s Soho office and it will be led by senior managing directors Paula Manikowski and Brennan Zahler. Sitruk also will be associated with Corcoran’s Bal Harbour office in Florida.

Agents 98

Agents Brokerage Development Sales 98

Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. We all know that in a real estate investment “cash-is-king.” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. There are many options available to finance turnkey rental properties.

Finance 96

Finance FHA loan Investor Loans 96

Realty Biz

JUNE 22, 2022

The best real estate agent marketing tools are the ones that will help you generate the most leads and convert the most leads into clients. There is no one-size-fits-all solution, so the best approach is to use a mix of real estate agent marketing tools that will work best for your business. Converting leads into clients is the aim of every real estate agent, and when you’re trying to figure out which real estate agent marketing ideas are effective, consider how each of these five best rea

Agents 94

Agents Marketing Technology Closing 94

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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.

Sales

Brownstoner

JUNE 22, 2022

Confirming a preliminary vote in May, the New York City Rent Guideline Board voted Tuesday to approve a range of increases in rent-stabilized buildings affecting more than 2 million tenants across the city. Renters with one-year leases can expect a 3.25% jump in their rents, while those with two-year leases will… Read More > The post Tenants and Landlords Decry Rent Board Hike of Up to 5 Percent for Stabilized Apartments appeared first on Brownstoner.

Marketing 90

Marketing 90

Realty Biz

JUNE 22, 2022

Existing home sales declined again in May, falling by 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to new data from the National Association of Realtors. On a yearly basis, existing home sales were down 8.6% compared to May 2021. The NAR said the market is now at its weakest reading since June 2020, during the early months of the COVID-19 pandemic when a lot of activity was temporarily paused.

Sales 92

Sales Mortgages Closing Marketing 92

Eye on Housing

JUNE 22, 2022

Nonfarm payroll employment increased in 32 states and the District of Columbia in May compared to the previous month while 18 states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 390,000 in May, following a gain of 436,000 jobs in April. On a month-over-month basis, employment data was strong in Texas, which.

Construction 86

Construction Marketing 86

The Mortgage Report

JUNE 22, 2022

Learn how rising mortgage rates impact home buyers and what you can do to improve your home buying odds in today's market.

Mortgages 104

Mortgages Marketing 104

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.

Agents

Toronto Realty Blog

JUNE 22, 2022

TorontoRealtyBlog. I recently conducted a survey and I wanted to share the results with you. I asked two people in the parking lot at my company if they like soccer, and both said no. I have therefore concluded that 0% of people in Canada like soccer. Wait, what? Oh, sorry, I’m just proving a point about sample size and selective data analysis.

As-is 83

As-is Marketing Sales Brokerage 83

Brownstoner

JUNE 22, 2022

In the News The Black Oysterman Taking Half Shells From the Bar to the Block [NYT] Four EMTs Hospitalized After Two FDNY Ambulances Collide in Park Slope [NYP] Is That Bridge Really Falling Down? [The City] First Responders Ready to Work as Lifeguards, But City Says No [The City] BPL Honors Jon Batiste, Other Notables… Read More > The post Daily Links: Stalled Hotel Tower Site Next to Weylin in ‘Burg to Be Auctioned in Bankruptcy Sale appeared first on Brownstoner.

Bankruptcy 80

Bankruptcy Sales As-is 80

Real Trends

JUNE 22, 2022

Home sellers across the country — including those in formerly scorching hot pandemic-fueled markets — have had to adjust expectations and drop prices as home buyers lose purchase power to rising mortgage rates. More than 40% of home sellers in Salt Lake City; Boise, Idaho; Sacramento, California, and other areas where home price appreciation ballooned during the height of Covid-19 were forced to drop prices in May, according to a Tuesday report from Redfin.

Mortgages 78

Mortgages Marketing Sales Agents 78

Sotheby's International Real Estate

JUNE 22, 2022

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ????. Amagansett, New York | Rylan Jacka, Sotheby’s International Realty – East Hampton Brokerage. This simple-yet-sophisticated modern beach house is privately set back on the eastern edge of Beach Hampton in Amagansett’s Dunes.

Brokerage 65

Brokerage 65

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.

Agents

Real Trends

JUNE 22, 2022

Whether you’re working with buyers or sellers, there are more opportunities than ever to add value and empower clients in today’s market. One of the beliefs that successful agents must embrace is that every market offers opportunities if you know where to look. Over the past couple of years, many agents have been holding on for dear life with multiple offers and lightning-fast turnaround times.

Marketing 76

Marketing Development Agents Staging 76

Fancy Pants Homes

JUNE 22, 2022

When it comes to jaw-dropping views, it doesn’t get much better than this: a striking mid-century house floating on the edge of the hillside, with floor-to-ceiling windows overlooking the San Fernando Valley. And not just any house, but one of 17 unique homes designed by legendary architect Richard Neutra propped up over the side of the Beverly Glen Canyon.

Design 64

Design Development Renovation As-is 64

Brownstoner

JUNE 22, 2022

In the leafy Fiske Terrace-Midwood Park Historic District, this early 20th century standalone has gotten an interior brush up that left period details intact while giving the kitchen a more modern flair. Built in the section originally developed as Midwood Park, the brick and stucco house at 695 East 17th… Read More > The post Midwood Park Standalone With Wood Burning Fireplace, Central Air, Parking Asks $2.2 Million appeared first on Brownstoner.

Development 67

Development Marketing 67

BubbleInfo

JUNE 22, 2022

It is so great having Kayla home. She grew up as a San Diegan, but she is a New Yorker now, living just blocks away from Times Square. Alicia was born in New York City, but is a La Jollan now and one of the 100 Greatest Artists of All-Time, having sold over 90 million […].

As-is 59

As-is 59

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Agents

The American Genius for Real Estate

JUNE 22, 2022

(MARKETING) Facebook Stories are a fantastic marketing tool, but open up a huge Pandora's box - and it's better to nix them. The post Real estate pros, never use Facebook stories for this reason! appeared first on The American Genius Real Estate.

Marketing 59

Marketing 59

Mashvisor

JUNE 22, 2022

As a short-term rental owner in 2022, you can use VRBO Florida rentals to succeed in your business. But what is VRBO and how does it really work?

As-is 69

As-is Investor 69

Windemere Buying

JUNE 22, 2022

Making an offer on a house feels like a reason to celebrate. You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. So, what happens after you make an offer on a house?

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

First Team Real Estate

JUNE 22, 2022

Long Beach Staple Restaurant & Bar, The Prospector, Hits The Market for $2.5M. Since the 1960’s, the widely-known and loved steakhouse, Haskell’s Prospector, or better known as The Prospector, has served the city of Long Beach. The property has been recently listed at $2.5M by Lauren J. Coombs and Chris Livingston with First Team Real Estate. The historic Long Beach bar and restaurant’s owner, Luis Lemus, is hopeful that the next owner will carry on the tradition and turn the property into a

Marketing 52

Marketing Land Sales As-is 52

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.

Sales