Toronto Realty Blog
APRIL 25, 2022
TorontoRealtyBlog. Pardon my lack of zealousness here, folks. I guess part of me just felt like this post would prove to be a fool’s errand. Everybody and their mother want to talk about “blind bidding” but many of those people aren’t interested in a discussion. At least, not a two-way discussion. Many people already have their minds made up!
Housing Wire
APRIL 25, 2022
Ohio-based CrossCountry Mortgage has entered into an agreement to acquire California-based retail lender LendUs , multiple sources familiar with the deal told HousingWire. . Founded in 2003 by mortgage broker Ron Leonhardt, CrossCountry originated $52 billion in mortgages in 2021, up 22% year-over-year, checking in as the 17th biggest lender in the country, according to Inside Mortgage Finance.
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Keeping Current Matters
APRIL 25, 2022
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted.
Housing Wire
APRIL 25, 2022
During the market disruption in March 2020, the value of mortgage servicing rights became temporarily disconnected from mortgage rates. Large mortgage sellers and servicers faced severe margin calls , and it took several weeks for them to get the go-ahead from the Federal Housing Finance Agency to draw on their liquidity buffers. It’s a scenario that large nonbanks are hoping not to repeat.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
The Close
APRIL 25, 2022
New real estate tech companies seem to pop up every single day. With such a crowded marketplace, it’s hard to know which companies are just a flash in the pan and which are ones you should pay attention to. To help you cut through the noise, our team at The Close spent the week at the Inman Connect 2022 conference in New York, talking to literally every real estate tech vendor on the expo floor, choosing our list of new real estate tech companies that we think are going to make a splash this yea
Housing Wire
APRIL 25, 2022
Jim Linnane, the former head of retail at Stearns Lending , has joined Flagstar Bank as the president of the company’s distributed retail mortgage division. Linnane, who worked at Wells Fargo for 15 years and also ran national sales at Guaranteed Rate, will head Flagstar’s efforts in strategy, sales, growth, recruitment and operations for the division. “He’s a results-oriented team-builder with a demonstrated ability to grow people and organizations,” said Lee Smith, pres
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
APRIL 25, 2022
The Consumer Financial Protection Bureau (CFPB) plans to revive “dormant” Dodd-Frank Act powers that would allow the watchdog to conduct supervisory exams on nonbanks or any “fintech” it believes is risky. “Given the rapid growth of consumer offerings by nonbanks, the CFPB is now utilizing a dormant authority to hold nonbanks to the same standards that banks are held to,” said CFPB Director Rohit Chopra in a statement.
Eye on Housing
APRIL 25, 2022
The financial performance of any company is directly linked to the industry environment in which it operates. Factors such as the number and size of its competitors, barriers to enter or exit, capital requirements, economies of scale, or the bargaining power of customers and suppliers all play a role in the potential profitability of a company. Given this reality, one.
The Close
APRIL 25, 2022
A free real estate CRM or customer relationship management tool is essential for any new agent looking to close more than one or two transactions a year. Good CRM tools help you organize your contacts, establish a consistent communication plan for each client, and ultimately, close more deals. But most real estate-specific CRMs come with a price tag.
The Mortgage Report
APRIL 25, 2022
Everything you need to know as an Alabama first-time home buyer, from home prices to loan options and home buyer grants.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Sotheby's International Real Estate
APRIL 25, 2022
In a world of greater freedom and flexibility, primary residences have been redefined, along with workplaces and office spaces. So perhaps it’s time to reimagine the pied-à-terre and the possibilities it can hold. In the past, a pied-à-terre was generally a small, functional apartment that gave their owners a home base in the thick of the action—and that action was always happening in the center of the city, whether in the corner office by day or the restaurants and theaters by night.
Eye on Housing
APRIL 25, 2022
Private fixed investment in dormitories stood at a seasonally adjusted annual rates (SAAR) of $3.08 billion in the last quarter of 2021, according to the data released by Bureau of Economic Analysis. Student housing investment was 2.9% higher over the third quarter of 2021. However, private fixed investment in dorms was 20% below the last quarter of 2020 and 32%.
The Mortgage Report
APRIL 25, 2022
Everything you need to know as a West Virginia first-time home buyer, from home prices to loan options and home buyer assistance.
The Close
APRIL 25, 2022
Over the course of my 27-year career, I’ve worked with or coached highly successful real estate professionals of nearly every personality type. How did they achieve success? Simple. They adapted their approach to real estate sales to fit their personality. In this article, I’ll share how you too can find success in real estate by aligning your approach to your business with your innate sales personality.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
The American Genius for Real Estate
APRIL 25, 2022
Did you know that Fair Housing was inspired by a vet who volunteered his life to defend our nation, only to come home and be denied housing? What has happened since legislation was enacted and what is going on today? NAR CEO Bob Goldberg weighs in. The post When a WWII vet returned home and was denied fair housing, the course of history forever changed appeared first on The American Genius Real Estate.
Brownstoner
APRIL 25, 2022
There are some intriguing glimpses of period details in the listing photos and enough information to make it clear that this 1890s Bed Stuy row house is in need of a buyer with deep pockets and an appreciation for its many intact original features. The legal two-family at 255 Stuyvesant… Read More > The post Estate Condition Bed Stuy Row House With Woodwork, Built-ins, Marble Sink Asks $2.5 Million appeared first on Brownstoner.
RIS Media
APRIL 25, 2022
When analyzing the value of a specific property, the most common way is to create a comparative market analysis or real estate CMA. There are several reasons why a comparative market analysis is an important tool for real estate agents when evaluating the value of a property. First and foremost, a CMA allows for an apples-to-apples comparison of properties in the same geographic area.
Brownstoner
APRIL 25, 2022
Editor’s note: This story is an update of one that ran in 2013. Read the original here. The house sits on the northeast corner of Willoughby Avenue at Nostrand Avenue, seemingly empty, sprawling behind a chain link fence. It’s on a large lot, and the house itself, a golden brick and… Read More > The post The Grand and Mysterious Willoughby Avenue Mansion of Grocer Jacob Dangler appeared first on Brownstoner.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
RIS Media
APRIL 25, 2022
Five years ago if someone would have told you in the future there would never be a need for you to save another file to your computer again—you probably would have been confused and mystified. However, today more real estate professionals are transitioning over to the cloud. “The internet has changed the way people do nearly everything—from consuming media to performing research to maintaining relationships to communicating,” writes Adam Pash in Entrepreneur.
The Mortgage Report
APRIL 25, 2022
Today’s mortgage and refinance rates Average mortgage rates only inched higher last Friday. But, with four days of rises out of five working days, last week was another bad one. […].
RIS Media
APRIL 25, 2022
With home sellers looking to take advantage of current market conditions—and fears of a real estate bubble motivating them to sell quickly—they’re turning to real estate professionals for guidance more than ever, according to a recent report from Clever Real Estate. The firm conducted a survey of more than a thousand homeowners who plan to sell their home in the next 12 months, and asked them about their perceptions and expectations of the process as well as the role of a REALTOR®.
HomeLight
APRIL 25, 2022
When the COVID-19 pandemic triggered a job shift for Ryan McCann’s husband, the couple found themselves seriously considering a change in location to decrease his commute. Though it didn’t take them long to agree that moving from their Pinole, California home would be their best option, they weren’t quite sure how to best navigate the process. “When you consider selling your house, you can’t really prep it and sell it when you’re living in it,” says McCann.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Real Trends
APRIL 25, 2022
The U.S. residential real estate economy as we know it is far from cooked, but a judge has turned on the front burner. Stephen Bough, a judge for the federal court in Kansas City, Missouri certified a class action lawsuit in a written ruling Friday that makes “hundreds of thousands” of U.S. housing consumers the plaintiff in a now potentially historic case.
HomeLight
APRIL 25, 2022
When real estate agent Peter Abdelmesseh met his clients, Eric and Samantha Johnson, he knew the couple would need a creative solution to make their move a reality. “Samantha stays home with their two little kids, and Eric is a government employee with a crazy schedule,” says Abdelmesseh. “It seemed like it would be a lot more difficult to put them through the stress of having a sales contingency and trying to work around their schedules, making sure the house stays clean for showings and so on
RIS Media
APRIL 25, 2022
With over 550 offices in North America, Pillar To Post Home Inspectors® is in a unique position to acquire valuable feedback from their inspectors who have performed well over 3 million home inspections. Some of the discussions taking place throughout the network are very enlightening, beginning with the fact that homebuyers need to be cautious that they don’t get intimidated into skipping a home inspection.
Brownstoner
APRIL 25, 2022
In the News Amid a Rise in Shootings, New York’s Children Confront a Wave of Grief [NYT] Inside a Fort Greene Home for LGBTQ Seniors: ‘I Made Friends Here’ [NYT] Mayor Proposes 1,400 Shelter Beds to Move Homeless People Off Streets [NYT] Borough Park Fire Leaves Two Firefighters and a Resident Injured [amNY] Meet the… Read More > The post Daily Links: Mayor Proposes $171 Million Towards Homeless Services appeared first on Brownstoner.
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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.
RIS Media
APRIL 25, 2022
In the wake of one of the most active years in the real estate market, many buyers made hasty decisions to get their offer accepted. From the pressure of bidding wars to wanting to take advantage of historically low interest rates, several factors caused some buyers to rush into homeownership. According to a recent report from Hippo, these new homeowners are feeling a significant lack of preparedness.
Coldwell Banker
APRIL 25, 2022
Bross Chingas Bross Chosen to Market The Mill Through Coldwell Banker Global Luxury. The post The Mill to Offer 31 Luxury Condos Showcasing Modern Industrial Architecture in Westport, Connecticut appeared first on Coldwell Banker Blue Matter.
RIS Media
APRIL 25, 2022
At the onset of the pandemic, a common narrative was that the masses were hightailing it out of cities and heading to greener pastures. From historically low mortgage rates to having the freedom to work from anywhere, people were suddenly allowed to reevaluate where and how they wanted to live, laying the foundation for the “Great Migration” that countless real estate professionals capitalized on over the past two years. .
Realty Biz
APRIL 25, 2022
For some time now we’ve been profiling the top-rated real estate agents in America. Previously, we relied on HomeLight almost exclusively, in order to reveal the professionals who are rated tops in their city or region. This time we decided to diversify a bit and to use a wider cross-section of opinions/ratings. Today, we take a look at Omaha, Nebraska through a wider media/information lens, to reveal a shortlist of the best agents there.
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