Mon.Oct 26, 2020

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Protected: A home shopper’s guide to navigating a competitive market

Housing Wire

This content is password protected. To view it please enter your password below: Password: The post Protected: A home shopper’s guide to navigating a competitive market appeared first on HousingWire.

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Kiss Frontman Gene Simmons Selling His Rock Star Estate for $22M in Beverly Hills

Realtor.com

Christopher Amitrano, Kevin Winter/Getty Images Kiss frontman Gene Simmons is ready to part with his Beverly Hills home of nearly 35 years. On the market for the first time ever, the palatial estate can be yours for $22 million. Josh and Matt Altman of Douglas Elliman hold the listing. Fans of the rock legend may recall that the one-of-a-kind abode was the setting for the singer’s reality TV show “Gene Simmons Family Jewels,” which ran on the A&E network from 2006 until 2012.

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First American to acquire subservicer ServiceMac

Housing Wire

First American Financial Corp. announced Monday an agreement to acquire subservicer ServiceMac , which it anticipates closing at the end of 2021. First American Financial, which provides title insurance, settlement services and risk solutions for real estate transactions, has acquired a minority interest in ServiceMac’s parent company and that interest will convert into equity of ServiceMac at the acquisition’s closing, pending regulatory approvals.

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Renting an Apartment for the First Time

Point2Homes

Image: Antonio Guillem / Shutterstock.com. If you’re considering moving out of your parent’s home and into your first apartment, you’re probably pumped. Renting an apartment for the first time can be an exciting experience. Suddenly, you have the freedom to do what you want and create a living space that’s just right for your needs. But, of course, renting does come with some downsides — like having to pay your own bills.

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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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How servicers continue to protect neighborhoods amid COVID

Housing Wire

HousingWire recently spoke with MCS CEO Caroline Reeves about self-service technology, the shift to virtual events and how servicers can prepare for post-COVID success by improving processes today. HousingWire: What role has technology played in servicers’ ability to react to COVID-19? Caroline Reeves: Technology has always been critical in our industry.

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What Does Home Insurance Cover? The Facts on Fire, Flooding, and More

Realtor.com

ChristinLola / Getty Images Few things give new home buyers peace of mind about their real estate purchase as much as a solid home insurance policy. This ensures that if disaster strikes—in the form of a tornado, house fire, or otherwise—homeowners won’t be on the hook to foot the bill for expensive repairs on their own. Exactly what does home insurance cover, though?

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A definition of the term Starter Home and why no one should use it

The American Genius for Real Estate

(HOMEOWNERSHIP) You see the term in the MLS for fixer uppers. You hear it when Realtors are working with first time buyers. But the term "starter home" shouldn't be in anyone's vocabulary. The post A definition of the term Starter Home and why no one should use it appeared first on The American Genius Real Estate.

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AmeriHome puts emphasis on long-term client relationships and scalability

Housing Wire

As one of the largest correspondent investors in the country, AmeriHome is focused on being a consistent, reliable partner to its clients. In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions. “We believe in being a true partner to our clients,” said John Hedlund, chief operating officer of AmeriHome.

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Expectations for Housing Availability Improve

Eye on Housing

Strong new and existing home sales in the summer of 2020 may have been a factor contributing to buyers’ improved expectations for housing availability. According to the latest Housing Trends Report**, 28% of prospective buyers in the third quarter of 2020 expect their search for a home to become easier in the months ahead, while 61% percent expect it will.

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Sagent technology puts servicers in the driver’s seat

Housing Wire

Technology plays a crucial role in servicers’ ability of servicers to support their borrowers in this challenging time. Whether borrowers are experiencing COVID-related financial hardships and need forbearance or are looking for refinance opportunities amid record low rates, Sagent’s technology empowers servicers to meet borrowers at their point of need and create true customers for life.

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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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Lisa Patel steers TRREB through COVID-19

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: Lisa Patel steers TRREB through COVID-19. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Many of us resist taking on new challenges in this bizarre COVID-19 year.

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What a Glut Looks Like

BubbleInfo

In the graph above, the conditions were glutty through July, but now I think we can call it a full-blown panic in SF County. They only had 1,000 homes for sale in May, and their fourth-quarter history already looks very strange. You can bet that buyers are slamming on the brakes! Any glut-like conditions are […]. The post What a Glut Looks Like appeared first on bubbleinfo.com.

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RBC Forecasts Canadian Mortgage Defaults Will Start Rising Next Year

Better Dwelling

Canadian real estate markets aren’t yet in the clear, despite the surge in buying activity. RBC Capital Markets, in a note to institutional clients, is forecasting mortgage deferrals won’t rise until the second half of 2021. Analysts authoring the report said a combination of payment deferrals and government support, “kicked the can down the road.” […].

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Retail landlords look to parking lots to increase revenue

Realty Biz

Parking lots in large retail parks typically don’t reap much by way of profits, and with the COVID-19 pandemic meaning that many now sit almost empty, retail landlords are looking for new ways to use those spaces. A number of shopping malls and parking garages have in recent months opened their spaces to events such as open-air stores, job fairs, drive-through COVID-19 testing centres, drive-in movies and haunted houses.

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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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Colorful ‘Crayola Home’ in Wisconsin Seeks Buyer Who Thinks Outside the Lines

Realtor.com

realtor.com Fifteen years ago, the architect Margaret McCurry designed an ultramodern house like no other. The result is a 4,400-square-foot beauty on 3.5 acres in Oostburg, WI , with five bedrooms and four bathrooms. But size isn’t what sets this particular abode apart. It’s as if McCurry had grabbed a pack of Crayola crayons and gone all out to liven up the exterior trim.

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Dumbo Cafe Closes as Brooklyn Roasting Company Files For Bankruptcy

Brownstoner

Brooklyn’s namesake roasting company is another casualty of the coronavirus pandemic after filing for Chapter 11 bankruptcy protection on October 21. Brooklyn Roasting Company— founded in 2009 by Jim Munson, a former partner at The Brooklyn Brewery — has closed its two retail locations at 25 Jay Street in Dumbo… Read More > The post Dumbo Cafe Closes as Brooklyn Roasting Company Files For Bankruptcy appeared first on Brownstoner.

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Mortgage and refinance rates today, October 26, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched higher last Friday, but only by the smallest measurable amount. And conventional loans today start at 3.188% (3.188% APR) for a […].

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What is a Townhouse: The Guide to Townhouses

Maximum Exposure Real Estate

The Ultimate Guide to Understanding Townhouses Are you thinking about buying a townhouse? Townhouses are once again becoming popular with homebuyers. The increased popularity is thanks to buyers looking for low-maintenance homes, close to amenities that they can walk to, and offer better value. Lots of folks choose to purchase a townhouse as a second […].

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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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10-Year mortgage rates: Can I get a 10-Year fixed home loan?

The Mortgage Report

10-year mortgage rates are lower than 30- and 15-year rates. But payments are much higher. Find out: Are 10-year mortgage rates worth it for you?

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Early Brooklyn Heights House With Wine Cellar, Wood Burning Fireplace Asks $5.4 Million

Brownstoner

A rare and historic wood frame that hasn't been on the market in decades, this Brooklyn Heights row house is much older than it might appear at first glance. Apparently in tip-top shape, it offers interior style from across the decades in a comfortable 25-foot-wide package. It's set within the… Read More > The post Early Brooklyn Heights House With Wine Cellar, Wood Burning Fireplace Asks $5.4 Million appeared first on Brownstoner.

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Inside Real Estate named #4 fastest growing company in MWCN’s Utah 100

Inside Real Estate

DRAPER, UTAH (PRWEB) OCTOBER 26, 2020 Inside Real Estate, one of the fastest growing independently-owned real estate software companies […]. The post Inside Real Estate named #4 fastest growing company in MWCN’s Utah 100 appeared first on Inside Real Estate | Lead Generation + Websites + CRM + Reporting + Powerful Performance.

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Dumbo Cafe Closes as Brooklyn Roasting Company Files for Bankruptcy (Updated)

Brownstoner

Brooklyn’s namesake roasting company filed for Chapter 11 bankruptcy on October 21, but its founder said the company is only adjusting its operations and has no plans to go anywhere. “In other words, like many other businesses at this point, we definitely wound up in the hospital, but we are walking… Read More > The post Dumbo Cafe Closes as Brooklyn Roasting Company Files for Bankruptcy (Updated) appeared first on Brownstoner.

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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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Jason and Aneta Fleming raise $5,000 for Niagara Falls charity

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: Jason and Aneta Fleming raise $5,000 for Niagara Falls charity. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Jason and Aneta Fleming of Realty Executives Plus in Niagara Falls, Ont. recently raised $5,353 for a local charity at their annual Pick-A-Pumpkin event.

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Affordable Housing Lottery Opens for $1,995 Petite Two-Bedrooms With Balconies in Bushwick

Brownstoner

An affordable housing lottery has opened for nine units in a newly constructed nine-story building at 371 Stockholm Street in Bushwick, now called The Scarlet. All the affordable apartments are two-bedroom, one-bathroom units with monthly rents of $1,995. A floor plan included with the lottery listing seems to show the… Read More > The post Affordable Housing Lottery Opens for $1,995 Petite Two-Bedrooms With Balconies in Bushwick appeared first on Brownstoner.

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Inventory Watch

BubbleInfo

We only had 65 new SFR listings between La Jolla and Carlsbad over the last seven days, which is an 18% drop from the previous week and the lowest count since the beginning of the pandemic. The demand is still hot – there were 85 new pendings – but if the inventory count does what […]. The post Inventory Watch appeared first on bubbleinfo.com.

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MOSAIC Palm Beach County

Waterfront Properties

For the next few months, the Palm Beaches is dedicated to celebrates culture and art in the county. The series is called MOSAIC, which stands for Months of Shows, Art, Ideas, and Culture and you’re invited to enjoy special discounts and deals on many of your favorite things to do in or around Palm Beach County. More than 20 special offers are available that started on Wednesday, October 21st through Thursday, December 31st.

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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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The Power of Networking

RIS Media

Networking is something that we as professional real estate agents should be doing all the time. The common misconception is that networking is merely the exchange of information between people. Instead, it’s about establishing, maintaining and nurturing long-term, mutually beneficial relationships with people. In and of itself, networking is not difficult, but it can be intimidating.

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Help Clean Up The Beach This Halloween

Waterfront Properties

Every Saturday morning, the Loggerhead Marinelife Center encourages locals and visitors to participate in their Self-Guided Beach Cleanups. The Self-Guided Beach Clean-Up is a new program this year and has been added to their weekly calendar. Head to the beach on Saturday mornings, and while you are there stop by the Marine Debris Sorting Station on the back deck of the Loggerhead Marinelife Center to pick up the beach up supplies.

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Starting Conversations and Gaining Clients

RIS Media

Casual but Purposeful Ways to Attract New Clients. Many, but not all, successful agents have the “gift of gab.” They chat naturally with everyone, engaging them with stories, listening to others’ interests and making personal connections that often lead to current or future real estate client relationships. But what if some of that talk doesn’t come naturally?

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7 Signs Your Asking Price is Too High

Point2Homes

Image: Orathai Mayoeh / Shutterstock.com. Selling your home should be a carefully orchestrated process, and the most important step is setting the right asking price. In fact, setting the price too high can have several unpleasant side effects, and it is often the main reason your home isn’t selling. Yet before it gets to that stage, there are several signs that you’ve priced it too high.

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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.