Real Estate News

MARCH 10, 2023

For most of its 50 years, Corcoran was a regional player. But in 2020, its affiliate network took off, and “it’s just the beginning of the story.

Branding 273

Branding 273

Housing Wire

MARCH 10, 2023

What a week this has been for the housing market , from the fireworks of Fed Chair Jay Powell’s Congressional testimony to an attempt to break over a critical line on the 10-year yield. Then Friday we got solid jobs and labor force growth data and the surprising failure of Silicon Valley Bank. Let’s look at each of these, one at a time. Fed Chair talk First, Federal Reserve Chairman Jerome Powell did not have his best week as he looked unsure of himself, like most Fed members have recently

Mortgages 383

Mortgages Banks Marketing As-is 383

Real Estate News

MARCH 10, 2023

Listing Media Services in 6 new markets, MoxiWorks partners with Milestones, Revive partners with NextHome, CubiCasa adds MLS partners, Mosaik launches.

MLS 234

MLS Marketing 234

Housing Wire

MARCH 10, 2023

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Fannie Mae last Wednesday updated its Selling Guide to include more options for property valuations, saying that the GSE is “moving away from implying that an appraisal is a default requirement.

Title 383

Title Inspection Lending Closing 383

Advertisement

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.

Agents

Real Estate News

MARCH 10, 2023

The luxury brand reported steep quarterly and full-year losses, but said annual transaction volume outperformed the industry.

Branding 244

Branding Industrial 244

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. Along with the solid base of home equity that now exists — a byproduct of the rapid home-price appreciation in recent years — there also has been an increase in demand by borrowers to tap that equity.

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

Housing Wire

MARCH 10, 2023

California-based Impac Mortgage Holdings is repositioning itself as a mortgage brokerage and voluntarily giving up its seller-servicer designation with Fannie Mae and Freddie Mac. “Non-transitory inflation and Federal Reserve tightening , coupled with widening credit spreads, has reduced the addressable market for our product offerings,” George Mangiaracina, chairman and CEO, said in a statement.

Mortgages 370

Mortgages Lending Commercial Brokerage 370

Inman

MARCH 10, 2023

In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO.

Banks 148

Banks Lending Technology Industrial 148

Housing Wire

MARCH 10, 2023

California-based lender Guild Mortgage posted a higher profit in 2022 thanks to its increased purchase mortgage market share — and now has its eyes set on acquiring other lenders. Guild, the purchase-focused lender with a distributed retail model, posted a net income of $328 million in 2022 despite posting a loss of $15 million in the fourth quarter of the year.

Loan Officer 370

Loan Officer Loans Mortgages Industrial 370

Inman

MARCH 10, 2023

Coldwell Banker Seacoast Advantage allegedly pocketed commission fees it told its agents were going to the franchisor. The brokerage says the allegations are "a complete fabrication.

Agents 148

Agents Brokerage 148

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

Housing Wire

MARCH 10, 2023

This week, the Community Home Lenders of America (CHLA) released a special report entitled “The Ubiquity of IMB Regulation.” This report is important to independent mortgage banks (like Atlantic Bay Mortgage ) that are increasingly dominating mortgage markets and leading the market in serving minority and underserved borrowers. Unfortunately, the growth of IMBs over the last decade has opened IMBs up to increasingly strident attacks.

Pre-qualification 370

Pre-qualification Banks Loans Mortgages 370

Inman

MARCH 10, 2023

The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up 29 percent from last year.

Mortgages 148

Mortgages Industrial 148

Housing Wire

MARCH 10, 2023

Despite the housing market cool down , homeowners with mortgages , which accounts for roughly 63% of all properties, gained $1 trillion in equity between the fourth quarter of 2021 and the fourth quarter of 2022, according to a report released Thursday by CoreLogic. On average, U.S. homeowners with mortgages gained $14,300 in equity , a jump of 7.3%, from Q4 2021 to Q4 2022.

Equity 370

Equity Mortgages Marketing As-is 370

Inman

MARCH 10, 2023

People will remember your profile sometimes more often than they will remember your name if you do it right. Marketing expert Michelle Berman shows us how color can impact your brand and your audience engagement.

Branding 148

Branding Marketing Agents 148

Advertisement

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

Housing Wire

MARCH 10, 2023

Job growth continued in February, but at a slower pace, suggesting that the Federal Reserve interest rate hikes are having at least a mild impact on the labor market. However, the continued job market resilience could equate to even tighter monetary policy , spelling hard times ahead for the housing market. Total nonfarm payroll employment rose last month by 311,000 jobs compared to January , according to data released Friday by the Bureau of Labor Statistics.

Construction 370

Construction Residential MLS Mortgages 370

Inman

MARCH 10, 2023

Symba is fintech-light layered over a deal tracker, spliced with back-office accounting. It’s a superb tool for anyone new or growing in the business and a solid accessory solution for those already comfortable managing their numbers.

Finance 148

Finance Agents Technology 148

Sotheby's International Real Estate

MARCH 10, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Washington, District of Columbia| TTR Sotheby’s International Realty The Georgetown property where the former first lady stayed following President John F. Kennedy’s assassination was combined with two other houses. Washington, D.C., Compound Where Jackie Kennedy Lived Asks $26.5 Million – The Wall Street Journal These Will Be the Most Popular Luxury Home Features in 2023 – House Be

Sales 110

Sales As-is 110

Inman

MARCH 10, 2023

The company logged revenue of $207.3 million in the fourth quarter of 2022 compared to $334.2 million a year earlier, according to an call Friday morning to discuss Q4 and 2022 earnings.

Closing 148

Closing Industrial 148

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

Maximum Exposure Real Estate

MARCH 10, 2023

Home Inspection Checklist For Sellers: Pros and Cons Are you considering getting a pre-listing home inspection done? Should a seller hire a home inspector? Many homeowners will ask their real estate agent if getting their home pre-inspected before putting it on the market is a good idea. Having been a real estate agent for the […] The post Pre-Listing Inspection: What Home Sellers Need to Know appeared first on Maximum Real Estate Exposure.

Inspection 98

Inspection Agents Marketing 98

Inman

MARCH 10, 2023

Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales volume.

Brokerage 148

Brokerage Closing Sales Agents 148

Broke Agent Media

MARCH 10, 2023

Real estate is a demanding industry—one that requires your attention and energy at all hours of the day. So, it’s no surprise that many agents turn to some form of self-medication to take the edge off. But here’s the question: is your chosen method of stress relief helping or hurting your business? Some swear by smoking weed, acknowledging how it helps them manage stress and anxiety.

Industrial 98

Industrial Agents Development As-is 98

Inman

MARCH 10, 2023

Color can make a difference in everything from how you feel to how you’re perceived. Find out how to use it more effectively in your branding and marketing.

Branding 147

Branding Brokerage Marketing Agents 147

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

Eye on Housing

MARCH 10, 2023

The most recent release of the Z.1 Financial Accounts of the United States shows a decrease in the value of households’ real estate assets over the fourth quarter of 2022. As home prices begin to decrease from pandemic highs, households’ real estate asset value fell for the first time since the first quarter of 2012. The level of households’ real.

Equity 96

Equity Residential Mortgages Marketing 96

Inman

MARCH 10, 2023

The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers.

Technology 147

Technology Industrial Mortgages 147

Realty Biz

MARCH 10, 2023

It can be rather frustrating when your existing mower breaks completely, but this could allow you to purchase an upgrade that will keep your yard looking pristine for many years to come. When doing so, you might want to consider the size of space you have available to you, as well as any tools or add-ons you might like the mower to have. An MTD-branded mower could be exactly what you need for big and small gardening jobs alike.

Branding 87

Branding As-is Marketing 87

Inman

MARCH 10, 2023

The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics.

Mortgages 148

Mortgages Industrial Residential Construction 148

Advertisement

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.

Agents

McKissock

MARCH 10, 2023

When it comes to growing your retirement savings, you may be wondering: What types of investment accounts should I use? And where should I locate them in order to utilize tax savings as much as possible? The real estate mantra “location, location, location” applies to retirement savings as well. Whether you’re a self-employed real estate appraiser or you work for a large company, here are some basic tips and guidelines on how to maximize your retirement savings.

As-is 86

As-is Development Marketing 86

Inman

MARCH 10, 2023

Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for March 3-9, 2023.

Industrial 148

Industrial 148

Toronto Realty Blog

MARCH 10, 2023

TorontoRealtyBlog If there’s ever been a constant about our real estate market, it’s this: people always want to know whether it’s going up or whether it’s going down. Actually, scratch that. If there’s ever been a constant about our real estate market, it’s this: Toronto is too expensive. Actually, scratch that.

Title 83

Title Banks Sales Construction 83

NAR: Economic Outlook

MARCH 10, 2023

Instant Reaction: Jobs, March 10, 2023 With inflation tilting towards deceleration, though still rising but at a slower rate, the mortgage rate can also tilt downward in the upcoming weeks.

Mortgages 78

Mortgages 78

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