Fri.Feb 12, 2021

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Embracing the future of mortgage servicing

Housing Wire

This year has brought plenty of disruption to mortgage servicing, from regulatory and economic uncertainties, to a long-term shift toward remote work environments. Meanwhile, the past decade has seen an explosion of digital solutions in mortgage origination, and servicing will inevitably follow suit. In this context, it’s natural to consider digital transformation; as all our processes are upended, this is perhaps an ideal time to rethink the business, and the technologies that support that busi

Mortgages 395
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Why It’s Easy to Fall in Love with Homeownership [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire. If you’re ready to fall in love with a home of your own, contact a local real estate professional to get you started on the path to homeownership.

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Blend CEO Nima Ghamsari to speak at Spring Summit

Housing Wire

Tech giant Blend ‘s CEO and Co-founder Nima Ghamsari will join other housing luminaries at HousingWire’s Spring Summit March 4 to discuss mortgage disruption and what’s coming down the road for those in housing. Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy.

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The Best Advice for Selling a Home

Point2Homes

Image: Andy Dean Photography / Shutterstock.com. Do you want to sell your home fast? Most people feel this way when they put their homes on the market. Besides, who wants to go through months of getting the home prepared for a showing and then scrambling out the door with a couple of kids and the dog? Certainly, not many. In fact, the thought of selling a home isn’t something that most people look forward to.

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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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United Wholesale Mortgage moves to dismiss broker lawsuit

Housing Wire

United Wholesale Mortgage has filed a motion to dismiss a lawsuit filed by three independent mortgage brokers last year whom the lender accused of “churning.” The Pontiac, Michigan-based wholesale mortgage lender filed a motion this week saying that the three named brokers – Rishi Bhasin, Anne James and Nelson Otero – were among the 75 brokers it found to be abusing an early pay off provision (EPO) to bank more commissions. “In 2020, UWM became concerned the EPO period was not

Mortgages 328
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These People Rushed to Buy Homes During Covid. Now They Regret It.

Realtor.com

Helynn Ospina for The Wall Street Journal Stella Guan spent months searching for a home to buy, getting outbid again and again in the white-hot real-estate market of the Los Angeles suburbs. Finally, her offer on a “beautiful” Santa Clarita house was accepted in August, she said. The graphic designer, 30, paid roughly $600,000 for the house. But after sleeping there for only a few nights, she had an unfortunate realization.

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Long Island Estate Once Owned by Robin Gibb on the Market for $12.9M

Realtor.com

Tyler Sands for Daniel Gale Sotheby’s International Realty A harmonious waterfront estate located in Lloyd Harbor, NY , once owned by the singer Robin Gibb of the Bee Gees, has come on the market. Totally renovated and never lived in by its current owner, who is moving out of state, the Long Island mansion is now available for $12.9 million. Gibb died in 2012, but the home has an illustrious history.

Marketing 122
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Mortgage and refinance rates today, February 12, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged higher yesterday, neatly canceling out Wednesday’s fall. So they remain within their ultralow range. So far this morning, it’s looking as […].

Mortgages 116
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Former Schoolhouse Turned Winning Wedding Venue Needs a Buyer To Say ‘I Do’

Realtor.com

realtor.com For just a few years in the late 1920s, the children of Malabar, FL, attended class in their schoolhouse on Marie Street. Then the Great Depression forced the school to close. Over the decades, the former schoolhouse has served as apartments, a woodworking shop, a mill, and most recently, a wedding venue. Now the 8,000-square-foot building, zoned both residential and commercial, is on the market for $1.1 million.

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Thousands of Toronto’s AirBnB Investors Plan To Sell This Year

Better Dwelling

Thousands of Toronto’s short-term rental investors may call it quits. An Ipsos Survey, commissioned by the Toronto Regional Real Estate Board (TRREB), shows how investors plan to navigate the city’s new short-term rental rules. Only a third feel their investment won’t be impacted by the new rules. The remainder either plan on selling, or finding […].

Investor 111
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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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Regency Redux: Add a Dose of ‘Bridgerton’ Glam to Your Entryway

Realtor.com

Instagram As we all slog through the past weeks of this pandemic winter, there can be no such thing as too much escapism. The smash success of Netflix’s “Bridgerton” in late December was a clear sign that people needed to trade bleak winterscapes and bad news for lavish, colorful sets and salacious gossip, 19th-century style. If you’re a fan of the show, then you know we’ve already laid out the ways you can bring “Bridgerton” into your home.

Design 110
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7 Things Sellers Need to Know About FHA Loans When Fielding Offers

HomeLight

You’ve just received the first offer on your home — and it’s backed by an FHA loan. So what do you need to know about FHA loans as a seller? The U.S. Department of Housing and Urban Development (HUD) created the Federal Housing Administration (FHA) loan program in 1934 to help more Americans afford houses with government insured home loans that are easier to qualify for than most conventional loans.

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An Author’s Modern Retreat in New York Is Impossible To Put Down

Realtor.com

Ren Nickson An author’s modern retreat in the woods received offers within a matter of days. Built with flair and inspired by the legendary architect Frank Lloyd Wright , the home on McNeil Road in Pine Plains, NY, landed on the market a couple of weeks ago for $3.5 million. “People appreciate the style, the quality, the land,” says the listing agent, Ira Goldspiel.

Land 108
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2021 Housing Market Kicks Off With Fierce Competition—Making It A Great Time to Sell

Lighter Side of Real Estate

Between low interest, fierce competition, and rising home prices, 2020 was a challenge for buyers, but offered serious advantages to sellers—and it looks like that dynamic is continuing into 2021. According to recent data from realtor.com , the number of homes for sale in the US in January 2021 dropped below 600,000—a whopping 43 percent decrease from January 2020 and the lowest number of homes for sale since realtor.com started collecting data in 2012.

Marketing 107
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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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Can you really fight back when social media traffic returns are diminishing?

The American Genius for Real Estate

(MARKETING) Missing out on social media traffic isn't the end of the world, because there's always room for improvement and course correction. The post Can you really fight back when social media traffic returns are diminishing? appeared first on The American Genius Real Estate.

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Remote Work Survey: One-Third of People Have Dedicated Work Space, 58% Want a Larger Home

Point2Homes

Almost a year ago, COVID-19 was declared a global pandemic, and, as lockdowns swept across the country, many companies quickly transitioned to remote work. Even now, many people are still working from home full-time and will continue to do so for at least the immediate future. But, how well has the average American adapted to the work-from-home lifestyle?

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Register Now: Turning iBuyers Into Leads

RIS Media

What: Many agents hear the term “iBuyer” and run the other way. More and more, however, the term is shifting from one of disruption to one of opportunity. During this upcoming RISMedia webinar, sponsored by Homes.com and moderated by Verl Workman of Workman Success Systems, agents will learn how they can actually leverage the iBuyer model to their advantage, converting iBuyers into leads to ramp up business and introduce another wealth-building avenue in today’s ultra-competiti

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A Bed Stuy Wood Frame and Three More to See This Weekend, Starting at $899K

Brownstoner

It might be another snowy weekend, but if you hoped to mark Valentine's Day by looking at some real estate we've got a group of houses to see, including 19th century wood frames in Prospect Heights and Bed Stuy and an early 20th century brick house in Mapleton in estate… Read More > The post A Bed Stuy Wood Frame and Three More to See This Weekend, Starting at $899K appeared first on Brownstoner.

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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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Newsmakers Hall of Fame: J. Lennox Scott Champions Diversity Awareness

RIS Media

Longtime industry advocate and thought leader J. Lennox Scott, chairman and CEO of John L. Scott Real Estate , was recently inaugurated into RISMedia’s 2021 Real Estate Newsmakers Hall of Fame. RISMedia’s Real Estate Newsmakers is a yearly campaign that awards those who have shown ingenuity and who have accomplished incredible success within the real estate industry.

Brokerage 101
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NSDCC January Performance

BubbleInfo

When you look at the general data, the 25% dip year-over-year of January listings doesn’t look so bad – especially on a graph. Heck, we’re in the middle of a pandemic! But look how it is playing out: NSDCC Detached-Home New Listings Price Range New Listings in January # of Those Pend/Sold Pend/Sold Median DOM […].

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How much does it cost to raise a child in Canada?

Zolo

From feeding to childcare, the many expenses you’ll have to front in year one of becoming a parent can be overwhelming. The post How much does it cost to raise a child in Canada? appeared first on Zolo.

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Average closing costs in 2021 and how to keep yours low

The Mortgage Report

Complete guide to mortgage and refinance closing costs, including average closing costs and a full list of what's included in your fees.

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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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Get Your Tickets For The Honda Classic

Waterfront Properties

The professional golf tournament held every year at Palm Beach Gardens, PGA National Resort and Spa is now selling tickets for their upcoming tournament in March. The tournament was moved to the end of March last year, in previous years the PGA Tournament was held in February. The tour rearranged its schedule, and The Honda Classic will now be held in Palm Beach County March 15th through March 21st.

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Consider APR when shopping for a mortgage, experts say

Realty Biz

Mortgage rates at their current record lows offer some serious savings for both home buyers and people looking to refinance. But experts say a low mortgage rate is only one part of the equation, as people also need to consider the loan’s annual percentage rate to take into account other costs such as upfront fees. The financial website NextAdvisor notes that once additional fees have been factored in, a buyer with a 30-year fixed-rate mortgage with 2.9% annual interest may actually be paying at

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How Much Do Real Estate Appraisers Make?

McKissock

If you’re thinking about starting or advancing your appraisal career, you probably want to know: How much do real estate appraisers make? A recent survey reported in the 2020-2021 Appraisal Income Guide shows that an appraiser’s annual earnings depends on many different factors. Here is a snapshot of the average real estate appraiser salary, broken down across license level, years of experience, and other key factors affecting income potential.

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Zillow, Q4/2020: The Prophecies Getting Fulfilled

Notorious ROB

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh Monthly Subscription $ 20 Monthly Subscribe Now Annual Subscription $ 200 Annually (Save $40) Subscribe Now. The post Zillow, Q4/2020: The Prophecies Getting Fulfilled appeared first on NotoriousROB.

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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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Coming Out Stronger Every Time

RIS Media

Ed Wolff. Vitals: Beth Wolff REALTORS®. Years in business: 42. Region served: Greater Houston Area. Size: 2 offices, 40 agents. 2020 transactions: approximately 350. 2020 sales volume: approximately $250 million. www.bethwolff.com. As a fourth-generation Houstonian, Ed Wolff, president of Beth Wolff REALTORS®, knows the area he covers to a T. Working under his mother, company namesake Beth Wolff, played a strong role in Ed Wolff becoming one of Houston’s top minds in the business.

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7 Money and Personal Finance Lessons 2020 Taught Us

Point2Homes

Image: lovelyday12 / Shutterstock.com. It’s no exaggeration that 2020 was a rollercoaster ride of a year. Many of us have seen our lives change in one way or another, and for most, there has been no shortage of hardship. But every cloud has a silver lining, so what did we learn along the way? Saving Money Is Possible Even During Difficult Times. Let’s start with a bit of good news: in spite of the financial adversity, many Americans still managed to save money in 2020.

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2021 Kicks Off With Fierce Competition In The Housing Market—Making It A Great Time to Sell

Lighter Side of Real Estate

Between low interest, fierce competition, and rising home prices, 2020 was a challenge for buyers, but offered serious advantages to sellers—and it looks like that dynamic is continuing into 2021. According to recent data from realtor.com , the number of homes for sale in the US in January 2021 dropped below 600,000—a whopping 43 percent decrease from January 2020 and the lowest number of homes for sale since realtor.com started collecting data in 2012.

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Half-Converted Gothic Chapel From 1905 Is the Week’s Most Popular Home

Realtor.com

realtor.com Fans of cool conversions flocked to a heavenly site for sale in Connecticut: a not-quite-finished project that involves a Gothic chapel ready to be reimagined as a charming three-bedroom residence. The laudable structure, built in 1905, picked up the most clicks on the collection plate this week on realtor.com®. The former house of worship can now be customized to suit a new buyer’s needs.

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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.