Mon.Apr 25, 2022

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The Inevitable Discussion About Blind Bidding

Toronto Realty Blog

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!

Agents 90
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CrossCountry strikes a deal to acquire LendUs

Housing Wire

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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Is It Enough To Offer Asking Price in Today’s Housing Market?

Keeping Current Matters

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.

Marketing 244
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FHFA gets blowback on proposed liquidity requirements

Housing Wire

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.

Mortgages 379
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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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An AI To Find Your Tribe

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: LandOnEarth.]. Location, Location, Location. We hear it all the time in the real estate industry. Where a home is located is the most important factor in its value–both now and in the future. Each person’s personal value of a particular location is dependent on a variety of factors, such as age, interests and profession.

More Trending

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Reimagining the Pied-à-Terre: 5 Homes That Grant Access to New Worlds

Sotheby's International Real Estate

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.

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CFPB to use “dormant” Dodd-Frank power to regulate “risky” nonbanks

Housing Wire

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.

Banks 294
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Builders’ Profit Margins Fall as Balance Sheets Grow

Eye on Housing

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.

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The Grand and Mysterious Willoughby Avenue Mansion of Grocer Jacob Dangler

Brownstoner

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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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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Inventory Watch

BubbleInfo

An interesting phenomenon that has been occurring more lately is the delay in offers being submitted. I’ve heard agents say it’s because people are being smarter about waiting until closer to the offer deadline so the listing agents have less time to shop them around, and that buyers are being more deliberate in checking their […].

Agents 105
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Estate Condition Bed Stuy Row House With Woodwork, Built-ins, Marble Sink Asks $2.5 Million

Brownstoner

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.

Marketing 105
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When a WWII vet returned home and was denied fair housing, the course of history forever changed

The American Genius for Real Estate

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.

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Judge’s ruling: it’s heartland homeowners v. NAR

Real Trends

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.

Brokerage 100
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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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5 Reasons to Create a Comparative Market Analysis

RIS Media

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.

Marketing 102
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Mortgage and refinance rates today, April 25, 2022

The Mortgage Report

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. […].

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Why Thorough Home Inspections are More Important Than Ever

RIS Media

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.

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What’s Your Real Estate Sales Personality? Take Our Quiz & Find Out

The Close

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.

Sales 87
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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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7 Popular Tools to Run Your Real Estate Business on the Cloud

RIS Media

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.

Title 102
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Alabama First-Time Home Buyer: 2022 Programs and Grants

The Mortgage Report

Everything you need to know as an Alabama first-time home buyer, from home prices to loan options and home buyer grants.

Loans 111
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Survey: 43% of Sellers Expect Their Home to Sell Over Asking Price

RIS Media

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®.

Agents 102
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Student Housing Investment Recovering from the Pandemic

Eye on Housing

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%.

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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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First-Time Buyers Report Feeling Unprepared for Homeownership

RIS Media

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.

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This Week – Omaha’s Highest Rated Real Estate Agents?

Realty Biz

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.

Agents 86
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Pandemic-Induced Relocation Wave Receding in Current Market

RIS Media

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. .

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How a California Couple Solved the Temporary Rental Dilemma and Sold for $100K Over Asking with HomeLight Trade-In

HomeLight

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.

Land 104
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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.