Housing Wire

SEPTEMBER 2, 2021

In a change that is likely to make many in the reverse mortgage industry turn their heads, Reverse Mortgage Funding, LLC (RMF) announced on Wednesday that it is lowering its minimum eligible age for its Equity Elite proprietary reverse mortgage product suite to 55, making it the only product in the American reverse mortgage industry that can be offered to people under the age of 60 across 19 eligible states and the District of Columbia.

Mortgages 433

Mortgages Pre-qualification Equity Industrial 433

Keeping Current Matters

SEPTEMBER 2, 2021

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. Here’s the definition of normal from the Merriam-Webster Dictionary : “conforming to a type, standard, or regular pattern: characterized by that which is conside

Marketing 252

Marketing Days on market Mortgages Residential 252

Housing Wire

SEPTEMBER 2, 2021

“By failing to prepare, you are preparing to fail.” While John Wooden was not the first to utter these sentiments, it became one of his more well-known mantras and undoubtedly the soundtrack to more than one of his 10 national championships. For Wooden and his teams, the preparations were made during the off-season, in practice, in the weight room, etc. to excel during the games and season.

Technology 424

Technology Closing Loan Officer Mortgages 424

Better Dwelling

SEPTEMBER 2, 2021

Canadian real estate agents and brokerages are accused of working against their clients. Not by some rando either, but the claims came from the Real Estate Council of Ontario (RECO). The provincial regulator wrote the industry to explain they found clients were directed based on commissions. This tactic means some buyers may have bought real […].

Agents 130

Agents Brokerage Industrial 130

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Agents

Housing Wire

SEPTEMBER 2, 2021

Instant homebuyer Offerpad quietly became a publicly traded business Thursday, after it merged with a blank check company led by former Zillow CEO Spencer Rascoff one day earlier. Offerpad’s transition escalates the rivalry between Rascoff and his former company Zillow. It also nudges Offerpad from intriguing upstart to another business vying to move iBuying from dazzling concept to profit making enterprise.

Technology 414

Technology Development Marketing 414

Lighter Side of Real Estate

SEPTEMBER 2, 2021

Renting is often looked at as a more affordable alternative to homeownership, but in many areas of the US, that’s actually not the case. According to recent data from realtor.com , rents are rising fast and hitting new highs in metro areas across the country. In July, the median rental price in the US was $1607—a 9.8 percent increase from July 2020.

Mortgages 123

Mortgages As-is 123

BubbleInfo

SEPTEMBER 2, 2021

This year, we are ahead of both of the previous years in total sales, in spite of having 14% fewer listings – and prices being 30% to 40% higher! NSDCC Listings & Sales, Jan 1 to Aug 31 Year # of Listings Between Jan 1 – Aug 31 # of Sales S/L % Median SP […].

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Sales 105

Realty Biz

SEPTEMBER 2, 2021

When you begin the process of selling your home, anticipating obstacles before they arise is vital. Since selling your home can be a lengthy process that involves choosing an agent, estimating costs, preparing your home , setting the price, and finally finding the right buyer, the consequences of a mistake along the way can have wide-ranging implications. .

Inspection contingency 102

Inspection contingency Closing costs Inspection Agents 102

BubbleInfo

SEPTEMBER 2, 2021

Our daughter Kayla was planning to be here anyway, and was due to arrive yesterday. Thankfully, she was able to catch a flight on Tuesday, and missed all the excitement in the Big Apple! I’m hoping to get her on video before she goes home.

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Realty Biz

SEPTEMBER 2, 2021

A survey of home sellers by Lending Tree suggests that 30% of all home sellers secretly spied on homebuyers in their homes during a showing!! The use of technology has become so cheap and easy to use, a seller can easily tap into a homebuyer’s showings through the use of their home’s hidden security cameras and watch your every movement and hang on every word.

Lending 99

Lending Technology Agents As-is 99

Advertiser: Trellis

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.

Loans

RIS Media

SEPTEMBER 2, 2021

The real estate industry is constantly evolving. Market conditions change, new companies and business models emerge, and advanced technologies are developed and embraced by brokers, agents and our clients alike. Brokers and managers must recognize the reality of these changes and continually strive to keep their value proposition relevant and impactful.

Agents 102

Agents Technology Sales Industrial 102

REM Online

SEPTEMBER 2, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Sotheby’s acquires Enjoy Muskoka Realty in Gravenhurst and Bracebridge. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Sotheby’s International Realty Canada has expanded to Ontario’s cottage country with the addition of Enjoy Muskoka Realty, a local brokerage with offices in

Brokerage 98

Brokerage 98

RIS Media

SEPTEMBER 2, 2021

Despite continued struggles to fulfill unprecedented buyer demand for homes, a new report from realtor.com® showed signs that the market can keep pace due to the growth of new listings and falling prices, which indicate increased competition in a seller’s market. 432,000 new listings hit the market in August—an increase of 18,000 or 5.1% compared to the same period in 2020—and the number of listing price drops have begun to approach their pre-pandemic levels, according to the report.

Marketing 98

Marketing Development As-is Industrial 98

Notorious ROB

SEPTEMBER 2, 2021

This is the first and last time that I will address this topic, until circumstances change. I know it’s controversial, but well, to quote Omar Little, “A man must have a code.” I have just canceled a planned speaking engagement at a major industry conference because I have learned that the conference instituted a policy. Read more.

Industrial 96

Industrial 96

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Sales

RIS Media

SEPTEMBER 2, 2021

The term “housing crash” has been top of mind throughout the pandemic, and as inflation concerns rise but pockets of economic recovery balance out the picture, the future of housing becomes more difficult to read. This topic and more will be discussed at RISMedia’s next can’t-miss virtual event. Register today for RISMedia’s Real Estate CEO & Agent Leadership Exchange , co-presented by the National Association of REALTORS®, to hear from more than 75 of the indus

Technology 98

Technology Development Agents Industrial 98

Sotheby's International Real Estate

SEPTEMBER 2, 2021

From an architectural masterpiece in Singapore to an idyllic retreat on the Gulf of Mexico, these are this month’s four featured notable properties for sale over $20 million. Singapore. Singapore | Steve Tay, List Sotheby’s International Realty . Situated on elevated grounds, this amazing architectural masterpiece has a two-level garage that accommodate up to 20 cars, plenty of living and entertainment spaces, fully fitted theater, a wine cellar, a gym, and a gorgeous expansive swimming p

Sales 95

Sales 95

RIS Media

SEPTEMBER 2, 2021

Hurricane Ida , which hit Louisiana as a Category 4 hurricane before recently pushing its way to the Northeast as a tropical storm, has caused an immense amount of damage. But how much will result in insured and uninsured losses? According to a new CoreLogic report , due to Hurricane Ida’s devastating winds, storm surge and flooding, we can expect damages to residential and commercial properties in Louisiana, Mississippi and Alabama to total $27-$40B.

Commercial 98

Commercial Principal Residential As-is 98

Realty Biz

SEPTEMBER 2, 2021

There is a new real estate boom sweeping the industry that few predicted and this one’s different– it’s not just about home sales. This surge is happening in almost every U.S. market and yet only a tiny percentage of brokers are benefiting from it. This boom is having a quiet and dramatic impact in your market. . 50s business woman lead group meeting with multi-ethnic staff in boardroom, diverse colleagues working together planning at morning briefing preparing report presentation for clie

Brokerage 91

Brokerage Industrial Branding Residential 91

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.

Agents

RIS Media

SEPTEMBER 2, 2021

Mortgage rates remained relatively flat last week, bringing down refinance applications. Overall applications dipped 2.4% from the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Aug.27, 2021. The details: – Market Composite Index: Decreased 2.4% on a seasonally adjusted basis from the previous week. – Unadjusted, the Index decreased 3% compared with the previous week. – The Refinance Index decre

Loans 98

Loans Mortgages Industrial Sales 98

Coldwell Banker

SEPTEMBER 2, 2021

Extra, extra! Read the top 10 news items that ran in August about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – August 2021 appeared first on Coldwell Banker Blue Matter.

Agents 91

Agents 91

RIS Media

SEPTEMBER 2, 2021

The past year has changed the way people buy and sell homes, with new buying and selling options gaining traction in the marketplace. In addition to the well-known iBuyers, these include a more recent category of companies such as EasyKnock, Homeward, Knock and Ribbon. The details of these programs vary, but one common denominator is dramatically increasing the consumer’s power as a homebuyer—hence our preferred term for these companies, “Power Buyers,” coined by global real es

Loan contingency 97

Loan contingency Brokerage Loans Agents 97

The Mortgage Report

SEPTEMBER 2, 2021

Today’s mortgage and refinance rates Average mortgage rates inched higher yesterday. But only by the smallest measurable amount. So they remain uberlow. This morning, Freddie Mac revealed that these rates […].

Mortgages 91

Mortgages 91

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.

Agents

RIS Media

SEPTEMBER 2, 2021

Howard Hanna Real Estate Services recently created a new position, naming Leah Gibbons as senior vice president and general manager of Brokerage. The position will streamline operations between the various departments in the organization and continue to build strategic initiatives in Howard Hanna’s core markets. Gibbons holds a Bachelor of Arts in Marketing and Communications from Baldwin Wallace University and a Juris Doctorate from Cleveland-Marshall College of Law.

Brokerage 93

Brokerage Industrial Sales Closing 93

Brownstoner

SEPTEMBER 2, 2021

Hurricane Ida dropped several inches of rain on Brooklyn in only an hour Wednesday night, flooding streets and basements throughout the borough and leaving one dead, as Mayor de Blasio declared a state of emergency. Flooding from the historic hurricane, another of many recent signs of climate change, was especially… Read More > The post At Least One Dead in Brooklyn as Hurricane Ida Floods Streets, Cellars All Over Borough appeared first on Brownstoner.

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RIS Media

SEPTEMBER 2, 2021

Ed Rae. President and CEO, RE/MAX Select Realty. Pittsburgh, Pennsylvania. [link]. Region served: Pittsburgh and the surrounding communities. Years in real estate: 27. Number of offices: 11. Number of agents: 330. Jameson Doris: What originally attracted you to the RE/MAX brand? Ed Rae: I had been selling real estate in traditional brokerages for more than six years and had hit the glass ceiling both personally and professionally.

Agents 92

Agents Branding Brokerage Technology 92

Realty Biz

SEPTEMBER 2, 2021

Headboards are to beds are what drapes are to windows. These are essential design elements that add to the aesthetics of space, but they are equally functional as backrests that add to the comfort of your bed. . Upholstered headboards outshine every other type of headboard in terms of comfort and style, not to forget, the touch of luxury that it imparts to your decor.

Design 84

Design Lending As-is 84

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Agents

RIS Media

SEPTEMBER 2, 2021

(TNS)—The Champlain Towers South property in Surfside, Florida, officially hit the market on Monday, after a private bidder offered $120 million for the site earlier this month. Judge Michael Hanzman and the court-appointed receiver Michael Goldberg approved the marketing of the 8777 Collins Ave. property where the 12-story oceanfront condo building collapsed on June 24.

Marketing 89

Marketing Development Commercial Sales 89

HomeLight

SEPTEMBER 2, 2021

In 2021’s white-hot real estate market, homes are appreciating every day. It can be daunting to know how and when to leap into homeownership — especially if you don’t have substantial savings for a down payment. Worried you simply won’t be able to afford it? If this sounds like you, you might have heard about special programs that help you get your foot in the homeownership door.

FHA loan 81

FHA loan Debt-to-income ratio Loans Equity 81

Brownstoner

SEPTEMBER 2, 2021

In the News NYPD Plans Beefed-up Presence in Brooklyn Ahead of Labor Day Weekend [BP] Pressure Builds to Prolong Unemployment Benefits in New York [Gothamist] Downtown Brooklyn Grapples With Slowed Return to Business [The City] Bed Stuy Tenants Bemoan Deterioration and Vagrants in Complex [The City] Road to Housing Worsens for Homeless With Health Needs… Read More > The post Daily Links: Workers Protest Lack of COVID Safety at Medgar Evers College in Crown Heights appeared first on Bro

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Realtor.com

SEPTEMBER 2, 2021

Disappointed home buyers may be sitting on thousands of dollars they had earmarked for a down payment, and wondering where to stash the cash until the market cools off. The post Where to Stash Your Down Payment If You Didn’t Buy a House This Year appeared first on Real Estate News & Insights | realtor.com®.

Marketing 81

Marketing Finance 81

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.

Sales