Thu.Apr 21, 2022

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Mr. Cooper names new vice presidents

Housing Wire

Mortgage originator and servicer Mr. Cooper Group announced on Thursday that it is promoting two of its own into executive vice president roles. Jaime Gow will hold the president of executive vice president and chief financial officer position. Meanwhile, Ethan Elzen will be the executive vice president of business development and operational finance. .

Banks 397
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Why This Housing Market Is Not a Bubble Ready To Pop

Keeping Current Matters

Homeownership has become a major element in achieving the American Dream.

Marketing 263
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Burying a St. Joseph Statue to Help Sell Your Home: History and Instructions

HomeLight

Even in a seller’s market, selling a house can be a lengthy ordeal. From catching up on those repairs you’ve put off for years, to staging, showings and longing to get competitive offers, the process can leave you wanting assistance. The commonality of the experience gave rise to a tradition that has become part of home-selling folklore — the act of burying a St.

Staging 131
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Zillow testing major changes to Premier Agent program

Real Trends

Starting May 25, “several hundred” real estate agents in the Raleigh, North Carolina and Denver metro areas will no longer have access to Premier Agent , thanks to major changes coming to Zillow ’s lead generating platform. In a letter posted on Zillow Group ’s blog page on Wednesday, SVP of business operations Stephen Capezza told agents that Zillow would be moving to a “post pay” or “success fee” payment structure in Raleigh and Denver.

Agents 115
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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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A Handy Seller’s Guide To Staging a House While Living In It

HomeLight

Most home sellers face the common conundrum of trying to sell their home while still living in it. A quick search of online listings will reveal the range of those showcasing uninhabited houses, obviously staged ones, and then even more obviously lived-in homes. The goal for selling a house you’re still living in, is to stage it so that it appears that you’ve already moved out and the cleaning fairies have moved in.

Staging 122
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Buyers’ Perceptions of Housing Availability Fall Back to 2018 Levels

Eye on Housing

Buyers’ expectations of housing availability continue to worsen. At its peak in the 4th quarter of 2020, 36% expected the home search to get easier in the months ahead. After five straight drops, the share is now 17% – a level not seen since 2018. In contrast, 74% expect the search for a home to get harder/stay the same. Buyers’.

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Buyers Feeling Grim About Housing Affordability

Eye on Housing

Buyers’ expectations for housing affordability continue to sour. In the first quarter of 2022, 81% said they could afford less than half the homes for-sale in their markets – the highest share since before the pandemic. At its lowest point in the 4th quarter of 2020, 63% of buyers expected to afford <50% of the homes available. On the other.

Sales 104
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How to Use Your CRM to Close More Real Estate Deals

RIS Media

Your CRM is one of the most powerful tools to have in your real estate arsenal. To close more sales now and in the future, you need a reliable way to stay organized and generate quality leads—a topnotch real estate CRM can help you do just that. By taking advantage of all that a great CRM has to offer, you can productively manage your business, streamline your focus and maximize your client communications.

Closing 105
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Mortgage and refinance rates today, April 21, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell yesterday. But the movement was smaller than either Monday or Tuesday’s rises. And it may be a welcome breather for those […].

Mortgages 102
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Coldwell Banker Realty Announces Acquisition of Franchisee Affiliate

RIS Media

Coldwell Banker Realty has announced the acquisition of Coldwell Banker Bain, one of its franchisee affiliates based in Madison, New Jersery. Following the acquisition of The Landover Corporation, doing business as Coldwell Banker Bain, from US RES Holding, LLC, an investment company, the real estate brokerage will continue to operate under the banner of Coldwell Banker Bain, the company announced.

Branding 105
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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 Insider: Narrow Gowanus Townhouse Reimagined With New Rear Extension, Stair

Brownstoner

When a local couple bought a three-story brick row house for their family of four, it didn't have much going for it. Besides being in a state of serious disrepair, it was tiny -- just shy 15 feet wide and only 36 feet deep. "We looked at going up, going back,… Read More > The post The Insider: Narrow Gowanus Townhouse Reimagined With New Rear Extension, Stair appeared first on Brownstoner.

Design 98
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Share of Mortgage Loans in Forbearance Decreases to 1.05% in March

RIS Media

The total number of loans currently in forbearance decreased by 13 basis points in the past month from 1.18% of servicers’ portfolio volume to 1.05%, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. The survey covers the full month of March and represents 73% of the first-mortgage servicing market (36.4 million loans), according to the MBA.

Loans 105
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7 Straightforward Steps to Selling a House with a Realtor®

HomeLight

The home selling process can be daunting: from listing your property and lining up showings to making repairs and reviewing offers, there are many moving parts. Fortunately, there are steps to follow in this process to give you a road map for success. This article will walk through seven steps to get you from dreaming to closing without losing time, capital, or your right mind in the process.

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Foreign Buyers See Upside in U.S. Real Estate

RIS Media

It’s a big world out there. One of the many Herculean challenges a real estate agent confronts daily is how to filter out the noise and hone in on what is most important and most relevant to their market—focusing exclusively on one individual neighborhood, a handful of towns or maybe a county. But here in 2022, is that a mistake? Has our planet grown so interconnected, so accessible that even in the eternally local realm of real estate, agents or brokers can—or should—be looking beyond national

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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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Flatbush Floor-Through With Six Rooms, Parquet, Seven Closets Asks $2,800 a Month

Brownstoner

In an early 20th century row house, this Flatbush unit doesn't offer a lot of bells and whistles but it does have a flexible layout and a generous amount of closet space. The house, at 159 Martense Street, is one of a row of two-family limestone houses completed in 1908 by… Read More > The post Flatbush Floor-Through With Six Rooms, Parquet, Seven Closets Asks $2,800 a Month appeared first on Brownstoner.

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Affordable Homes in the Big City: Does $150,000 Get You Anything Anymore?

RIS Media

For first-time buyers on a budget, affordable homes have become increasingly scarce, especially for those looking to buy in large metro areas. Amid ongoing home price increases, Point2Homes recently conducted a study to gauge the current stock of homes less than $150,000 in the nation’s 50 most populous and desirable cities to see what this bare minimum home price can get homebuyers in these markets.

Sales 97
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Sunset Park Holds ‘Day of Unity’ After Subway Shooting

Brownstoner

Sunset Park elected officials, community members and faith leaders are leading an effort for healing in the community after last week’s horrific subway shooting, gathering to share mental health resources, honor those injured in the attack, and call for an end to violence. “I think it’s really important to first acknowledge… Read More > The post Sunset Park Holds ‘Day of Unity’ After Subway Shooting appeared first on Brownstoner.

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3 Social Security Moves to Make Before Age 62

RIS Media

Whether or not you are depending on Social Security benefits to make or break your retirement, it’s crucial to have a strategy in place to maximize your monthly payments when the time comes. The earliest you can file for Social Security is age 62, but your benefits are not set in stone. The decisions you make leading up to retirement will have an impact on how much you receive each month.

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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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Daily Links: Council Member OKs Atlantic Avenue Developments With Extra Affordable Housing

Brownstoner

In the News Here’s What Changes When New York Raises Its Covid Risk Level [NYT] Eight Coney Island Orgs Will Receive Funds Raised From Polar Bear Plunge [BP] Two People Dead After Being Struck by 3 Train in Brownsville [AmNY] Bushwick Inlet Park Expands With a Parcel at 50 Kent Avenue [Greenpointers] North Brooklyn Angels… Read More > The post Daily Links: Council Member OKs Atlantic Avenue Developments With Extra Affordable Housing appeared first on Brownstoner.

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Mortgage Rates Climb for Seventh Straight Week

RIS Media

Mortgage rates sailed past 5% this week with the 30-year fixed-rate mortgage averaging 5.11%, according to the latest Primary Mortgage Market Survey ® released by Freddie Mac Thursday. Key survey findings: 30-year fixed-rate mortgage averaged 5.11% with an average 0.8 point as of April 21, 2022, up from last week when it averaged 5.00%. A year ago at this time, the 30-year FRM averaged 2.97%. 15-year fixed-rate mortgage averaged 4.38% with an average 0.8 point, up from last week when it averaged

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A 5 Point Marketing System for Geometric Growth, Pt.1

Tom Ferry

The way I see it, there are two truths at play in today’s market: The demand for housing means there’s tons of opportunity for enterprising agents. The lack of inventory means it’s tough out there for those who are getting lost in the crowd. So, how do we fix this? How do you move from […]. The post A 5 Point Marketing System for Geometric Growth, Pt.1 appeared first on Tom Ferry.

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Rocket Mortgage Draft House Goes Hollywood

RIS Media

Rocket Mortgage has announced it is again partnering with the Los Angeles Rams to operate the “Rocket Mortgage Draft House,” a luxury Hollywood Hills home the Rams have converted into a unique location to serve as Draft headquarters beginning later this month. In addition, the Rocket Mortgage Draft House will be opened to the public through a “GM for the Day” sweepstakes where the winner can visit the home and meet Rams General Manager Les Snead and other team executives, a press release stated.

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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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Employment Situation in March: State-Level Analysis

Eye on Housing

Nonfarm payroll employment increased in 34 states and the District of Columbia in March compared to the previous month while 16 states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 431,000 in March, following a gain of 750,000 jobs in February. On a month-over-month basis, employment data was strong in California, which.

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Money-Saving Tips to Eat Healthier on a Budget

RIS Media

Consumer prices continued to rise 8.5% in March compared with a year ago—the largest annual increase since December 1981. Much of the surge is due to spiking energy prices because of Russia’s war in Ukraine, but as shoppers can attest, record high prices are also being recorded at the grocery store. It can be tempting to try to stay within your food budget by resorting to meals featuring too many high carb, low-cost pastas, breads and potatoes.

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Inside Keller Williams’s “revolutionary” app

Real Trends

Gary Keller, executive chairman of KWx. “Welcome to the real estate revolution,” declares a YouTube video uploaded by Keller Williams Realty. “The first real estate platform to connect agents, clients, data and systems.”. That platform is Command , an app that since December Keller Williams agents have been able to upload onto an Apple iPhone or Google Android device.

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TRREB donates $100,000 for Ukraine humanitarian needs

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: TRREB donates $100,000 for Ukraine humanitarian needs. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. On behalf of its 67,000+ members, the Toronto Regional Real Estate Board has pledged to donate $100,000 to the Canadian Red Cross in support of humanitarian aid and urgent re

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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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House Hunting With a Pet? 5 Expert Questions To Ask

Mandrona Group

Just how much do we love our pets? Several surveys showed how much pets are affecting the homebuying process. Pets. Read More.

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Will budget 2022 make housing affordable?

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: Will budget 2022 make housing affordable? Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Budget 2022 has the word “affordability” written loud and clear for virtually every aspect.

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CV Listing Closed Escrow

BubbleInfo

Our Carmel Valley listing closed escrow yesterday! It was the 3br/2.5 ba, 1,804sf home built in 1989 that we completed about $60,000 worth of upgrades in preparing for market (it had been a rental for years). The before-and-after photos were featured here: The house looked great and it was vacant but this was when I […].

Closing 59
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Too many cold calls from real estate agents

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: Too many cold calls from real estate agents. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. How do potential home buyers and sellers view cold callers?

Agents 72
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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.