Thu.Jan 13, 2022

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Building Your Luxury Sphere of Influence from the Ground Up

RIS Media

So, you’re a new luxury real estate professional in the area, and you’re wondering how to go about building your luxury sphere of influence from the ground up. Without a real list of buyers and sellers, how on earth can you expect to do your job? Well, good news is that luxury real estate professionals like Liz Heinkel have shared their stories of how they started afresh in communities with absolutely nothing, and what it took to successfully build a robust, profitable, and even record-setting b

Brokerage 105
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Mortgage rates see sizable increase

Housing Wire

The average 30-year fixed rate mortgage increased to 3.45% during the week ending Jan. 13, up from 3.22% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.79%. The 15-year fixed rate mortgage averaged 2.62% last week, up from 2.43% the week prior. A year ago at this time, it averaged 2.23%.

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What’s Going To Happen with Home Prices This Year?

Keeping Current Matters

After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021.

Marketing 314
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What are the drivers of housing demand in 2022?

Housing Wire

This article is part of our Housing 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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The Bank of Canada Will Raise Rates In Two Weeks, End Year 500% Higher: JP Morgan

Better Dwelling

America’s largest bank is making a bold call for Canada’s central bank — it will raise rates within days. JP Morgan (JPM) economist Silvana Dimino shared their forecast for Canadian interest rates. JPM sees the Bank of Canada (BoC) hiking the overnight rate five times in 2022, sending it 500% higher. Most surprising is how […]. The post The Bank of Canada Will Raise Rates In Two Weeks, End Year 500% Higher: JP Morgan appeared first on Better Dwelling.

Banks 145

More Trending

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Canadians Are Dumping Big Cities By The Tens of Thousands As Locals De-Urbanize

Better Dwelling

Canada’s largest cities are seeing the struggle to keep locals heat up, as small cities up their game… or big cities drive locals out. We unpacked the latest Statistics Canada (Stat Can) data for migration in 2021. The largest real estate markets are losing locals, and becoming dependent on immigration. Meanwhile, rural areas are gaining […].

Marketing 141
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Freedom Mortgage dominates the MSR market

Housing Wire

Another large mortgage-servicing rights bulk offering is on the market this week on the heels of a $10 billion MSR package that went out to bid earlier this month. . The latest deal is being marketed by New York-based Mortgage Industry Advisory Corp. , or MIAC. It is a $6.23 billion bulk-sale offering of agency MSRs, with bids due by Jan. 20. The seller is not identified.

Mortgages 417
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5 Restful Bedrooms for Your Next Retreat at Home

Sotheby's International Real Estate

Turks and Caicos | Joe Zahm & Nina Siegenthaler, Turks & Caicos Sotheby’s International Realty. Of all the rooms in a home, the bedroom is the space that should offer the most peace. There’s no greater luxury than retiring to one’s own oasis at the end of the day, with a bed that beckons and a serene atmosphere that encourages relaxation.

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What will servicing look like in 2022?

Housing Wire

The number of homeowners still in forbearance plans has been declining as foreclosure moratoriums expire. HousingWire recently spoke with Joe Davila, president and CEO of Selene Finance , about how servicers can best help homeowners with next steps as they exit forbearance plans. HousingWire: More than one million borrowers are exiting forbearance plans.

Staging 403
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The 2025 Real Estate Roadmap to Success

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.

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‘Fixer to Fabulous’ Discovers a Hot Trend That Adds $50K in Value to a House

Realtor.com

HGTV Jenny and Dave Marrs , the hosts of “Fixer to Fabulous,” meet plenty of homeowners who do some upgrades around the house, but their latest clients want to move—to their garage. In the Season 3 episode “New Tudor Home for a Newborn,” Jenny and Dave meet Brook and Aaron Smith , who own a 1971 Tudor–style home in Rodgers, AR.

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Understanding Realogy’s stance on commissions

Housing Wire

When Missouri federal judge Stephen Bough unsealed a sworn declaration last week from Coldwell Banker CEO Ryan Gorman in a sprawling antitrust lawsuit about real estate commissions, it prompted disquiet among real estate agents, including those who work at Gorman’s company. “My Coldwell Banker agent office policy insists that we do not cut commission under any circumstance,” said one agent who requested anonymity to speak candidly about her company, which is part of the Realogy brokerage conglom

Brokerage 403
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U.S. Foreclosure Activity Drops to an All-Time Low in 2021

RIS Media

Foreclosure filings were down 29% from 2020 and down 95% from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005, according ATTOM’s Year-End 2021 U.S. Foreclosure Market Report, released this week. The filings, which include default notices, scheduled auctions and bank repossessions, were reported on 151,153 U.S. properties in 2021, and represented 0.11% of all U.S. housing units, down from 0.16% in 2020 and down from a peak of 2.23% in 2010. 2021 Year-End His

Equity 119
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What happens when forbearance ends?

Housing Wire

This video is part of our HousingWire 2022 forecast series. After the series wraps in January, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Loans 397
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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How Technology Can Transform On-Site Roles From Tedious Jobs to Sought-After Careers

App Folio

When respondents in a recent NAA survey sponsored by AppFolio were asked to identify their three top challenges in terms.

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6 Mortgage Tips for Single Homebuyers With Children

Realtor.com

Getty Images If you’re a single parent, it’s arguably more challenging to buy a home than for those in a partnership with dual incomes. Yet it’s easy to see why so many single parents are eager to purchase a house. Beyond finding a perfect kitchen and playroom, owning a home is an integral part of building a healthy financial future.

Mortgages 111
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8 Qualities to Look For in a Mortgage Broker

Realty Biz

Finding the right mortgage can be a daunting task. You want to make sure you get the best deal possible, but you may not know where to start. That’s where a mortgage broker comes in. A mortgage broker can help you find the best mortgage for your needs and budget. They can also help you navigate the complex world of mortgages and ensure that you get the best deal possible.

Mortgages 109
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Oops! My 4 Biggest Regrets Building Our Dream House From the Ground Up

Realtor.com

Getty Images The idea of building your own home is a bucket-list dream for many of us. Imagine: You get to customize it to your needs and tastes—whether that means a classic rocking-chair porch out front or a hot tub in back—and watch your personal palace take shape, right in front of your eyes. But it’s also a really, really daunting experience.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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HUNT Real Estate Continues Expansion into Phoenix Real Estate Market

RIS Media

HUNT Real Estate Corporation has announced the merger of Conway Real Estate with its Arizona-based brokerage. Founded in 2009 by Mike Conway, the firm closed over $205 million in sales in 2021. Their 99 licensed real estate professionals will join HUNT effective immediately. “Mike has assembled a very fine group of real estate professionals that we are delighted to welcome to our organization,” stated Peter F.

Marketing 105
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This Triple-Dome Design in North Carolina Is Simply Dreamy

Realtor.com

Realtor.com A buyer is ready to call an intriguing Advance, NC, property dome, sweet dome. “There was a lot of interest in it when it first hit the market,” says the listing broker, Kati Lawrence of Premier Realty. “I think a lot of people just wanted to see it because it is so unique—versus really having an interest in buying it. But right now, it is under contract.”.

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Weichert Real Estate Named a Top Franchise in Owner Satisfaction for Seventh Year in a Row

RIS Media

For a seventh straight year, Weichert Real Estate Affiliates, Inc. has been named one of the top franchises in the country by Franchise Business Review , as the organization released its prestigious “Top 200 Best Franchises” list, which is based on franchise owners’ satisfaction with their franchisor. Franchise Business Review selected this year’s exclusive list of award winners based on survey results from over 30,000 franchise owners across more than 300 of today’s leading brands.

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How to Go to An Open House: A Step-By-Step Guide for Nervous Buyers (and Looky-Loos!)

HomeLight

Whether you’re actively shopping for a new home or just curious about what different neighborhoods have to offer, there’s no better way to start your research than by attending open houses. Open houses are excellent tools that serve many purposes: finding a house you’d like to buy, dipping your toes into the housing market to see what you like, or to understand what your money can get you in the area you are looking to buy.

Agents 105
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Grow Your Conversation Skills With Roleplay

RIS Media

We have a special place in our hearts for new agents, and one philosophy we subscribe to is, “You learn best by doing.” A part of that learning for those just starting out can be setting up dates to roleplay with other agents in order to practice prospecting and listing-appointment conversations. This way, agents can feel more confident and competent when face-to-face with real prospects.

Agents 105
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Our New Listing in SW Carlsbad

BubbleInfo

1065 Goldeneye View, Carlsbad 4 br/3 ba, 2,706sf YB: 1998 LP = $1,795,000 This 4-bedroom (plus loft/office), 3-bath home has been meticulously maintained and upgraded with stylish light-colored wide plank hardwood floors, plantation shutters, crown molding, newer central A/C and high-grade artificial turf, front and back. Downstairs bedroom and full bath, newer kitchen with walk-in […].

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Berkshire Hathaway HomeServices Expands Pacific Northwest Region

RIS Media

Berkshire Hathaway HomeServices has announced that it is expanding its network’s presence in Idaho with the opening of Berkshire Hathaway HomeServices Silverhawk Realty East Idaho. This addition marks the brand’s continued growth in the state and its ninth brokerage in Idaho. Berkshire Hathaway HomeServices Silverhawk Realty East Idaho is led by longtime Idaho Falls real estate leader, Julie Anglesey, who will serve as designated broker and co-owner, along with Tracy Kasper, Broker/Owner of Berk

Brokerage 105
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5 Action Items to Kickstart Your Success in 2022

Tom Ferry

I’ve got 5 ideas to share with you today. The only thing that ties them together is they are all things you should be doing early in 2022. Otherwise… …Some will help you stand out. …Others will keep you on track. …And doing all five will certainly kickstart your year into high gear. Let’s get […]. The post 5 Action Items to Kickstart Your Success in 2022 appeared first on Tom Ferry.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Midwest Real Estate Data Announces 2022 Board Election Results

RIS Media

Real Estate Data (MRED) has announced that six real estate professionals will be added to its Board of Managers during 2022. These real estate professionals join 11 others already on the Board to direct MRED’s strategic vision. Added to the Board are: John Matthews of Baird & Warner, Rose Schlickman of Key Realty and Al Rossell of the Jack Carpenter Organization.

Brokerage 105
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Debt-to-income ratio for mortgage explained

The Mortgage Report

Learn how to calculate your Debt-to-Income (DTI). See which mortgage programs and mortgage rates may be available to you.

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CENTURY 21 Select Real Estate Welcomes CENTURY 21 MM

RIS Media

CENTURY 21 Select Real Estate has announced that CENTURY 21 MM will consolidate its operations under CENTURY 21 Select Real Estate in Yuba City, Calif, which is part of The Select Group of Real Estate Services, effective January 2022. The combined company is the largest CENTURY 21 ® company in the state of California. . John Melo and Larry Matos, broker/owners of CENTURY 21 MM stated, “We have experienced many successes over the years, as one of the largest CENTURY 21 franchises in Calif