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.

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Supreme Court orders review of recession-era class action against Rocket

Housing Wire

The Supreme Court weighed in on a class action lawsuit against Quicken Loans , now Rocket Mortgage , regarding its appraisal practices during the financial crisis, delivering a procedural win for the mortgage lender. On Monday, the Supreme Court remanded the class action to the United States Court of Appeals for the Fourth Circuit to reexamine its March decision in favor of borrowers.

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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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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.

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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.

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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

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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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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.

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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

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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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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 112
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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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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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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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January Is Radon Action Month

RIS Media

Any property can have a radon problem—old or new, well-sealed or drafty, with or without a basement. The EPA estimates that 1 in 6 homes in the U.S. is affected by radon. Prolonged exposure to unsafe levels of radon can create an increased risk of lung cancer; in fact, radon is the second leading cause of lung cancer after smoking and causes an estimated 21,000 lung cancer deaths each year.

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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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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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What Is a Lien on a House?

Point2Homes

Image: Teacher Photo / Shutterstock.com. Liens often have negative connotations for homeowners. Yet if you’re reading this article, you may be surprised to find out that you already have a lien on your home and that liens are not always as bad as they sound. Here’s what you need to know. Understanding How Liens Work. A property lien is a legal claim against a property, allowing the creditor to use it as collateral to collect what they’re owed if the debtor cannot make payments.

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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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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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Billy Joel Tribute Band Concert - Jupiters Abacoa

Waterfront Properties

The first outdoor concert of 2022, in Downtown Abacoa, will be a perfect choice for all ages. This Saturday, January 15, 2022, the Downtown Abacoa Amphitheater, in Jupiter, will host a Billy Joel Tribute Band. The Turnstiles deliver an unforgettable Billy Joel concert tribute experience. This is not the first time in Abacoa, they performed in 2019 which met with rave reviews Show is scheduled for 7:00 - 10:00 p.m.

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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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Mississauga Real Estate Board appoints Nelson Goulart president

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: Mississauga Real Estate Board appoints Nelson Goulart president. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Nelson Goulart has assumed the role of president of the Mississauga Real Estate Board for 2022.

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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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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.

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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.

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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

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Toronto Then & Now: Overnight Changes, Years in the Making

Point2Homes

It takes years to become an overnight success. This is true for most of the successful, accomplished people out there. But it’s also true for the myriad projects and developments these people set up to create and build. A big business, an attractive building and even a city might seem like finished projects, there to inspire us. They are all, however permanent they might seem at any moment, works in progress – always changing, always adapting.

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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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Preparing for the Future, Today

RIS Media

Danny Joyner. President, Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS®. Greenville, South Carolina. www.cdanjoyner.com. Region served: Upstate South Carolina, including Anderson, Greenville, Spartanburg, Pickens and Oconee Counties. Years in real estate: 57. Number of offices: 10. Number of agents: 425. How did you come to be a part of the Berkshire Hathaway HomeServices network, and how has that helped mold your brokerage?

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Mortgage and refinance rates today, Jan. 13, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates moved lower yesterday by a worthwhile amount. But they’re still a long way off regaining the ground they’ve lost so far this […].

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What’s New in the New Year: Predictions and Best Practices for 2022

RIS Media

During the last 12 months, home prices skyrocketed, homes would go off the market almost as quickly as they went on, and low interest rates coupled with high consumer demand made last year a unique time in real estate. While homebuyers are still facing somewhat of an uphill battle when it comes to inventory and competition, the next 12 months shouldn’t feel completely like 2021, and real estate agents need to be prepared to guide them on their way.

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How to fix the affordable housing crisis

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: How to fix the affordable housing crisis. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. There are thousands of stories about what’s causing unaffordable housing.

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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.