Wed.Mar 16, 2022

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How to Sell Your Property on Social Media

Realty Biz

Selling your proprety on social media is not difficult if you already know how social media networks work. But first, you must know which social media networks work to sell a property. For example, Twitter is good for promoting a listing and getting leads, and LinkedIn is for business-to-business deals. Here’s an example of a tweet for a house for sale.

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What the Fed rate hike means for the economy

Housing Wire

On Wednesday the Federal Reserve hiked interest rates 0.25%, which has forced me to raise my second recession red flag on this historic economic recovery and expansion. From the Federal Reserve : Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially.

Mortgages 450
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Are You Wondering if This Is the Year To Buy a Home?

Keeping Current Matters

Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home?

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The Fed makes its move – and more rate hikes are coming

Housing Wire

The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time in four years, marking an end to the easy money that gave rise to the hottest mortgage market in U.S. history. The FOMC, as was predicted, raised the federal funds rate by 25 basis points to 0.25-0.50 percent, the first time the FOMC has changed the federal funds rate in two years, and the first rate hike since March 2018.

Mortgages 441
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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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Building Materials Prices Increase Slightly, Held in Check by Metal, Gypsum, and Concrete Products

Eye on Housing

The prices of goods used in residential construction ex-energy climbed 1.6% in February (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials prices increased 20.4%, year-over-year, and have risen 31.3% since January 2020. Over the past five months, the index has climbed 10.6%.

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How InstaMortgage convinced top broker shop to jump to retail

Housing Wire

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. Terms of the deal, which was announced on Tuesday, were not disclosed. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage.

More Trending

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Opinion: How to attract and retain women in mortgage

Housing Wire

Women have, undoubtedly, made great strides in earning coveted leadership positions in the workplace. According to data from McKinsey and LeanIn.org’s 2021 Women in the Workplace Study , the share of women in senior vice president and C-suite positions has grown in recent years – up six percentage points for SVP roles (23 to 29%) and four percentage points for C-suite roles (17 to 21%) between 2015 and 2020.

Mortgages 409
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5 Ways to Celebrate Earth Day

Coldwell Banker

Earth Day is on April 22, and there are so many ways to join the movement. The post 5 Ways to Celebrate Earth Day appeared first on Coldwell Banker Blue Matter.

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Angel Oak Mortgage REIT records solid earnings performance

Housing Wire

Angel Oak Mortgage Inc. , a real estate investment trust focused on investing in nonqualified mortgages, announced that it recorded net income of $21.1 million for the year ended December 31, 2021, and $3.1 million for the final quarter of last year, on net interest income of $49.1 million and $16.6 million, respectively. The earnings performance of AOMR in 2021 represents a big bump from 2020, when REIT reported annual net income of only $736,000 on net interest income of $33.3 million.

Mortgages 397
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5 Ways To Spring Into Cleaning

Coldwell Banker

It’s that time again! Spring has arrived and so has the need to freshen things up a bit. The post 5 Ways To Spring Into Cleaning appeared first on Coldwell Banker Blue Matter.

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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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UWM rolls out bank statement loans for self-employed borrowers

Housing Wire

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, announced on Wednesday it will accept personal or business bank statements in self-employed borrowers’ loan applications. The step comes as rising interest rates slow the flood of refinances, reduce lenders’ origination volume, and companies prepare to boost their non-qualified mortgage (non-QM) products.

Banks 384
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NSDCC Frenzy Monitor

BubbleInfo

Let’s see which areas are picking up steam early in the selling season: We used to think that a normal and healthy market has a ratio of 2:1 actives to pendings, so it’s stunning to see five areas that have 3x the number of pendings as actives! And SE Carlsbad has more than 4x! The […].

Marketing 105
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Hispanic homeownership held back by FHA borrower discrimination, survey says

Housing Wire

Last year, the Hispanic homeownership rate grew to 48.4% from 47.5% in 2019, but they are still much more likely than non-Hispanic whites to get denied a conventional loan. The rate of Hispanic homeownership has been inching up each year since 2014, according to U.S. Census Bureau statistics. But there are many obstacles to further expanding Latino homeownership, despite the projected growth in the next two decades.

Investor 384
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Purchase Applications

BubbleInfo

The Mortgage Bankers Association (MBA) released its latest mortgage application numbers this morning and the modest movement belies the drama unfolding in the world of mortgage rates. As usual, the MBA does a good job of capturing average rate movement week to week and they correctly identified last week’s big spike to the highest levels […].

Mortgages 105
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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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Mortgage applications drop as rates spike

Housing Wire

Interest in residential mortgages fell 1.2% for the week ending March 11 as mortgage rates rose to their highest levels since May 2019, according to the Mortgage Bankers Association ‘s latest survey. “Mortgage rates continue to be volatile due to the significant uncertainty regarding Federal Reserve policy and the situation in Ukraine,” said Joel Kan, associate vice president of economic and industry forecasting for the MBA. “Investors are weighing the impacts of rapidly increa

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What is a Mortgage Credit Certificate and how does it work?

The Mortgage Report

A mortgage credit certificate (MCC) can get you a tax break on your federal taxes. Learn about this valuable first-time home buyer benefit.

Mortgages 120
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Purchase market could exacerbate mortgage lenders’ cybersecurity weak spots

Housing Wire

Cyberattacks are on the rise in recent weeks, as sanctions on Russia push its economy to the breaking point , and mortgage lenders may have unique vulnerabilities. Cybersecurity experts said in interviews that in the past couple of weeks, cyberattacks targeting the financial sector, that are in part traced back to Russia, have been more elevated than usual.

Mortgages 384
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Singular PLG Mid-Century House With Colorful Vintage Baths, Garage Asks $2.895 Million

Brownstoner

The Prospect Lefferts Gardens Historic District is known for elegant late 19th and early 20th century row houses, so this thoughtfully designed mid century modern house is unexpected but contains some prime details of the era. The standalone house made of brick at 110 Maple Street fits in well with… Read More > The post Singular PLG Mid-Century House With Colorful Vintage Baths, Garage Asks $2.895 Million appeared first on Brownstoner.

Design 105
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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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ICE integrates Maxwell and Roostify to eClose solution

Housing Wire

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.

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Beautifully Redone L.A. Home Stays True to Its Craftsman Roots

Fancy Pants Homes

In Los Angeles’ ultra-competitive housing market, things rarely stay the same for long. Homes are often remodeled, enlarged or razed altogether to make way for newer , bigger, and more modern properties, with much of their original beauty being traded for contemporary appeal. It almost makes it easy to forget the role Southern California played in advancing one of the most popular housing styles of the past century.

Design 104
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Shareholder sues loanDepot’s top executives

Housing Wire

Anthony Hsieh, founder and CEO of loandepot. California-based nonbank lender loanDepot is the target of a new shareholder lawsuit. . Investor Tuyet Vu accuses seven top executives and board members, including loanDepot’s founder Anthony Hsieh, of making misleading statements and omitting information in connection with the company’s initial public offering (IPO). .

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Secret Vocabulary Tips to Build Relationships With the Affluent

RIS Media

To better serve potential clients with their real estate needs, you need to leverage effective luxury real estate marketing strategies. You not only need to appeal to them, but you also must show them why you’re the right real estate professional to partner with as they either buy or sell a home. If this is your strategy, and you’re still having a hard time turning potential leads into more qualified clients, the problem may stem with the words you choose to use with your client base.

Design 104
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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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Open House Tips for Buyers and Sellers

Coldwell Banker

How do you make sure your open house goes smoothly and gets the job done? The post Open House Tips for Buyers and Sellers appeared first on Coldwell Banker Blue Matter.

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Why an Accountability Partner Is Key to a Successful Real Estate Career

RIS Media

The path to success doesn’t have to be lonely. Whether you’ve hit a plateau or are struggling to stay afloat, an accountability partner can help you reach your full potential. This person can coach you on how to stay driven and focused—motivating you yet keeping you accountable at the same time. The advantages of having an accountability partner are plentiful.

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Tips for Working With International Clients

The Residential Specialist

Dealing with international clients comes with challenges, but can open your business to a brand new customer base. By Andrew Conner. Taking great care of any real estate client means building a trusting relationship and communicating clearly. While this doesn’t change when your client happens to be halfway across the globe, there are challenges presented when you represent an international client.

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Realogy Named to ‘World’s Most Ethical Companies’ List for 11th Year

RIS Media

Realogy was recognized for the 11th year in a row as one of the 2022 World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, the company has announced. This year, a total of 136 companies were featured on the list. “Integrity is a driving principle of our business, made even more important because of the work we do every day to support one of life’s most meaningful and significant transactions: buyin

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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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Redecorate to Improve Your Mental Health

The Residential Specialist

Did you know that your home’s decor has a heavy influence on your mental health? Recently, people have been spending more time at home than ever before. Sitting in the same place every day, looking at the same furniture and decor can get boring and take its toll on your mental well-being. Redecorating your home gives you a chance to not only refresh your physical space, but to refresh your mental health as well.

As-is 96
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Power Buyer Knock Lays Off Nearly Half Its Staff

RIS Media

From the outbreak of two COVID-19 variants to the collapse of a significant iBuyer, 2021 dealt a series of blows that stunned the U.S. financial market throughout the year. For fintech company Knock, those events are substantial reasons why the power buyer is laying off nearly half of its workers. On March 15 the company announced it would begin cutting 46% of its 250-person workforce—approximately 115 people—as a “series of macroeconomic events that roiled financial markets” stalled

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How HomeLight Cash Offer Helped a Denver Buyer Compete and Beat a Higher Contingent Offer

HomeLight

When real estate agent Carolyn Gdowski started working with her client, Grant, she knew right away that he could be a strong buyer in Denver’s competitive market. “He’d relocated to Denver about a year prior for a job opportunity, and rented for some time to figure out exactly what he wanted in a purchase,” Gdowski explains. “I recognized his financial strength and knew that he would be a great fit for the HomeLight Cash Offer program.”.

Finance 97
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NextHome Partners with Inside Real Estate to Deliver kvCORE to More Than 5,200 Members

RIS Media

NextHome has announced a partnership with Inside Real Estate to provide the kvCORE technology platform to its 575-plus franchised locations and more than 5,200 members nationwide. NextHome will also provide CORE Team accounts, a team solution built within kvCORE, to its entire network, ensuring all NextHome teams can operate with full autonomy and leverage the kvCORE platform to grow their own independent “business within a business,” the company stated. “NextHome prides itself

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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.