Tue.Jun 21, 2022

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9 Real Estate Sold Signs That Will Level Up Your Referral Business

The Close

We love beautiful real estate SOLD signs that show off our professionalism and sense of style. But we also need them to drive traffic and boost our marketing efforts. Real estate SOLD signs are an easy and effective way to do that. How do you get more referral business with SOLD signs, you ask? Simple. Have your buyers pose holding your custom sign.

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The savagely unhealthy housing market is now a nightmare

Housing Wire

The housing nightmare continues. The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 million , down 3.4% from the previous month and 8.6% from last year. But, the savagely unhealthy data line was that home prices are up 14.8%. Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, has

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The Average Homeowner Gained $64K in Equity over the Past Year

Keeping Current Matters

If you own a home, your net worth likely just got a big boost thanks to rising home equity.

Equity 254
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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Title insurance is imperative for lenders to ensure the borrower has ownership rights to a property, but it doesn’t just protect against problems affecting title.

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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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Inside a Timeless Retreat in Pebble Beach

Sotheby's International Real Estate

A scenic coastal stretch of rocky coves, forest groves, and enchanting beaches, Pebble Beach is known the world over for luxurious resorts, celebrated golf courses, and the scenic historic 17-Mile Drive that meanders between Monterey and Carmel. Just steps from the area’s renowned Lodge at Pebble Beach—with its superior golfing, restaurants, and boutiques—this handsome five-bedroom home is a welcoming oasis with views of the iconic sights, including Stillwater Cove and Carmel Bay, that make the

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Mortgage stocks are getting battered – what happens next? 

Housing Wire

The stock market has not been kind to mortgage lenders – some are now trading in the $1-a-share range. In a one-week period between June 10 and June 17, 11 publicly traded mortgage companies lost a collective $6.14 billion in market capitalization. As investors fled the space, their valuations declined 17.4% to $29 billion in aggregate, according to a HousingWire analysis of stock data.

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DocuSign CEO steps down as growth slows

Housing Wire

Dan Springer stepped down as CEO of DocuSign on Tuesday amid slowing growth, widening losses and a flagging share price. Maggie Wilderotter, who chairs the company’s board, will serve as interim CEO as Springer “has agreed to step aside,” effective immediately, the company said in a release Tuesday. . While DocuSign didn’t provide reasons for Springer’s departure, the announcement comes as the company struggles to perform as it did during the pandemic when consumers

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Your Guide to What Home Inspectors Look For

HomeLight

After going through the stressful process of staging and showing your house, you’ve accepted an offer that exceeds your expectations. You can’t wait to close the deal so you can move out and begin the next chapter of your life. But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal.

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Forbearance rate continued to drop in May

Housing Wire

Fewer homeowners paused or reduced their mortgage payments in May, continuing the decline from April when the total number of loans in forbearance fell to a level below 1% of servicers’ portfolio volume. The share of loans in forbearance dropped by 9 basis points to 0.85% in May from April’s 0.94%, according to the Mortgage Bankers Association (MBA).

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Existing Home Sales Slow Again While Prices Surge

Eye on Housing

As rising mortgage rates and higher home prices continued to price out homebuyers, existing home sales declined for four consecutive months, according to the National Association of Realtors (NAR). However, the trend in home price appreciation continued as supply remained tight. The median existing home prices in May surpassed $400,000, the highest level on record since 1999.

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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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New Residential to internalize management, change name to Rithm Capital?

Housing Wire

New Residential Investment Corp. announced on Friday that it has decided to internalize the company’s management, a step that the real estate investment trust estimates will reduce its costs and potentially attract more institutional investors to its stock. The company is also changing its name to Rithm Capital, reflecting the diversification of its businesses as more than just a mortgage real estate investment trust.

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The Best & Worst Real Estate Logos of 2022 (+ Pro Design Tips)

The Close

As the real estate industry continues to evolve, building a brand that stands out is more important than ever. Impactful real estate logos are fast becoming one of the main ways real estate agents cut through the noise. That’s why we put together this list of our favorite real estate logos for 2022. We also look at some of the worst logos, and go over some important tips, tricks, and mistakes to avoid to ensure you get the best return on investment (ROI) on your own logo.

Design 105
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Title insurance industry volume rises 3.6% in Q1

Housing Wire

Despite rising interest rates , higher home prices and a drop in refinance volume , the American Land Title Association recorded $5.89 billion in title insurance premium volume during the first quarter of 2022, compared to $5.68 billion a year prior, according to the trade group’s Market Share Analysis , published Friday. The title insurance industry had a record year in 2021 , generating $26.2 billion in premiums, which ALTA attributed to historic mortgage origination activity and the substanti

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3 Reasons Why the Fed Raising Interest Rates Is Good for Home Buyers

Lighter Side of Real Estate

If you’re either in the process of buying a house, or thinking of jumping into the market, you’re probably well aware that rates have jumped significantly in recent weeks. And that likely doesn’t feel or sound like anything good to you. But what you might not be well aware of is that, according to Chair of the Federal Reserve, Jerome Powell, raising interest rates is actually being done (at least in part) for the good of home buyers.

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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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Median home prices hit $407K, home sales fall 3.4%

The American Genius for Real Estate

(REAL ESTATE NEWS) Home sales dip for a fourth consecutive month in May - what does this mean for the housing market going forward? The post Median home prices hit $407K, home sales fall 3.4% appeared first on The American Genius Real Estate.

Sales 103
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Mortgage and refinance rates today, June 21, 2022

The Mortgage Report

Today’s mortgage and refinance rates Markets were closed yesterday for the Juneteeth federal holiday. Average mortgage rates inched lower last Friday, though only by a similar tiny amount to Thursday’s […].

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6 TED Talks Every Real Estate Agent Should Watch

McKissock

Being a real estate agent can be really hard. It consists of long days, fickle clients, failed closings, and so much more. But it’s also highly rewarding. Finding a client the perfect home or selling a property for a family desperate to move—not to mention the financial rewards that come with being a great agent—all feel wonderful. Still, when times are tough, it helps to have a source of motivation, inspiration, and insight.

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eXp to acquire Toronto-based Zoocasa

Real Trends

eXp World Holdings, Inc , the holding company of eXp Realty , is set to acquire Toronto-based Zoocasa , a consumer real estate search portal and brokerage, according to announcement on Monday. The acquisition is subject to customary closing conditions and approval, and is expected to close in July 2022. The financial terms of the deal were not disclosed. eXp said it hopes the acquisition will bolster the brokerage’s online lead generation, home search and listings portals opportunities.

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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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Prioritizing Resident Experience in a High-Demand Market

App Folio

Though occupancy rates are at a record high, differentiating your property management business has never been more important. By focusing.

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4 Tips for Taking Better Photos of Your Property

RISMedia

By Anica Oaks Whether your landlord, real estate investor or real estate agent, getting your properties in front of the eyes of potential guests and renters is essential. Vibrant and masterful photos of your property are an absolute must for an effective and successful marketing campaign to ensure your rental units remain occupied. Just as […].

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Where Does Water Frontage End?

McKissock

Does your subject property really front on the water? You might remember a case that made national news some time back involving a six-foot-high pink stockade fence erected between several houses and a small lake (actually just a large retention pond). Purchasers of the homes in what was a brand-new subdivision chose those specific lots and paid extra for them, not only because they backed up to the water, which afforded access and a view of the pond, but also because they avoided neighbors back

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Brooklyn Real Estate Listings Six Months Later: One Sold, Two in Contract, One off the Market

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Crown Heights, Flatbush, Bay Ridge and Prospect Heights. How did they fare? In Crown Heights, this prewar co-op has a flexible layout, charming prewar features and modern updates. It’s located on the… Read More > The post Brooklyn Real Estate Listings Six Months Later: One Sold, Two in Contract, One off the Market appeared first on Brownstoner.

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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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Expert financial tips for buying a home in this market (Podcast)

The Mortgage Report

Here are three expert strategies that can help home buyers combat high prices and rising rates in today's market.

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Pitch In for Prospect Park’s Lake Appreciation Month

Brownstoner

Get your working gloves ready and support Brooklyn's backyard with some volunteer hours this summer. During the month of July, the Prospect Park Alliance is organizing volunteers with a special clean-up of the 60-acre lake. Each session will focus on a different portion of the waterfront, from the Boathouse to… Read More > The post Pitch In for Prospect Park’s Lake Appreciation Month appeared first on Brownstoner.

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Advice from Winning Real Estate Agents: What Beginner Agents Need to Know

Agent Fire

Success as a new real estate agent requires a lot more than just passing the exam. Here is what these multi-million dollar agents want you to know. Advice from Winning Real Estate Agents: What Beginner Agents Need to Know is just one of many great real estate strategies on The Spark.

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How Effective Are Real Estate Apps in 2022?

Realty Biz

Access to real estate information can be a nuisance even in the 21st century. Suppose you’re a homeowner selling your property or wish to expand your investment portfolio. In that case, you’ll have to double-check every source of information and online or offline real estate marketing agencies. Not that options are scarce, but the abundance of listings, specialized websites, paid ads, and real estate agencies make it difficult to select one and go with it.

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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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Sunset Park Finnish Co-op With One Bedroom, Parquet, Low Maintenance Asks $400K

Brownstoner

In a Sunset Park co-op that was built as affordable housing by Finnish co-operators in the early 20th century, a modest one-bedroom walk-up has charming original details and remains one of the more affordable options for owning in Brooklyn. It's located on the third floor of 531 41st Street, across… Read More > The post Sunset Park Finnish Co-op With One Bedroom, Parquet, Low Maintenance Asks $400K appeared first on Brownstoner.

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How to Avoid Being “House Poor” and What Does that Mean

Mandrona Group

If you’re a first-time buyer who’s only just started your house-hunting journey, you might have heard the expression, house poor. Read More.

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The Mermaid Parade Makes a Colorful, Sparkling Return to Coney Island [Photos]

Brownstoner

After two years lost at sea, revelers celebrated the return of Coney Island’s beloved Mermaid Parade on Saturday, June 18. The march of underwater creatures kicked off at 1 p.m. near the corner of West 21st and Surf Avenue. From there, it rolled east to West 10th Street, where marchers and… Read More > The post The Mermaid Parade Makes a Colorful, Sparkling Return to Coney Island [Photos] appeared first on Brownstoner.

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What’s a Good Credit Score for Financing Investment Properties?

Mashvisor

Among everything that a property investor needs to consider, it’s essential to assess what’s a good credit score for financing the investment. Table of Contents What Is a Credit Score?

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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.