Tue.Aug 23, 2022

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How to combat lack of participation in online meetings or events

The American Genius for Real Estate

Even after the pandemic, virtual meetings and online events have no end in sight. But how do we get people to participate? The post How to combat lack of participation in online meetings or events appeared first on The American Genius Real Estate.

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Fannie Mae sees dark days ahead for the housing market

Housing Wire

It will get worse for the housing market – and mortgage industry – before it gets better. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales this week. “Housing remains clearly on the downtrend — and has been for several months now — due to the combined effects of outsized home price increases and the significant and rapid run-up in mortgage rates,” Fannie Mae’s Chief Economist Doug Duncan said in a statement.

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What Sellers Need To Know in Today’s Housing Market

Keeping Current Matters

If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months.

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FHFA announces new advisory housing committee

Housing Wire

The Federal Housing Finance Agency (FHFA) on Tuesday announced its plan to establish a federal advisory committee on affordable, equitable, and sustainable housing. The committee will offer advice and input on affordable, equitable, and sustainable housing needs and regulatory or policy changes that might be needed, the FHFA said in a statement. “The formation of an advisory committee will better position FHFA to fulfill its strategic goal of supporting access to affordable, equitable, and susta

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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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Multiple Listing Service: What You Need to Know

Realty Biz

Have you heard the term MLS in real estate and wondered what it meant? When you begin the process of either buying or selling a home, you are likely to hear about the multiple listings service. The multiple listing service or MLS is a way for real estate agents to connect buyers and sellers better. As a seller, it lets the world know you’re home is for sale.

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SingleSource the latest to offer alternative product to title insurance

Housing Wire

Property services provider SingleSource Property Solutions is now offering its own attorney opinion letter product, according to an announcement on Monday. SingleSource has launched its “Attorney Conclusion of Title” (ACT), a standardized attorney opinion letter. The product is available nationwide. According to SingleSource, under the authority of the supreme court of the state where the property is located, attorneys who issue an ACT will be protected by a comprehensive liability wrapper – ena

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How is the industry adapting to desktop appraisals?

Housing Wire

Desktop appraisals became a permanent option for certain loans earlier this year. HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. HousingWire: Desktop appraisals became a permanent option for certain loans in March 2022. How willing are appraisers to adopt desktop and hybrid appraisals?

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A Roundup of Myrtle Beach’s Highest Rated Agents

Realty Biz

This week our “top agents” journey takes us to Myrtle Beach, South Carolina, in search of the superstars of real estate marketing. Over the past few months, we’ve been experimenting with better methods for finding and evaluating real estate professionals. We’ve met with some success but a lot more complications. . For larger markets, keying on reviews at Google and Zillow proved effective.

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Opinion: Adaptive use strategy for our nation’s heroes and low-income families

Real Trends

If you are not already, I urge all my real estate peers to consider becoming a property investor. I started investing in real estate when I was 18 years old. I took my graduation party money and invested in my first duplex. For the last 20 years, real estate investing has been a lucrative and rewarding endeavor for me and my family. And, with commercial assets under intense scrutiny these days, we’ve discovered an interesting way to take an existing structure, adapt it for a new use to maximize

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Housing market rebalances with home values falling and inventory growing in July

Realty Biz

After two years of unprecedented growth, home values fell slightly from June to July, according to the latest market report from Zillow. The market is quickly rebalancing. With buyers’ purchasing power diminished by nearly two years of double-digit price growth and higher mortgage rates, competition for homes is dropping off. The typical U.S. home value declined by 0.1% ($366) month over month in July and now stands at $357,107, as measured by the raw Zillow Home Value Index (ZHVI).

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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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How Maintenance Makes or Breaks Your Resident Experience

App Folio

Maintenance can be one of the most difficult to control and costly parts of property management. But it’s also directly.

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5 Steps to Building a Quality Garage for Your Car

RISMedia

By Lizzie Weakley Taking good care of your car can save in cosmetic and mechanical upkeep. A big part of that is storing your vehicle under a covering whenever possible. If you're thinking about building a garage for your vehicle, follow these five steps to make sure it's what you need it to be. Choose […]. The post 5 Steps to Building a Quality Garage for Your Car appeared first on RISMedia's Housecall.

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7 Home Inspection Mistakes For Buyers to Avoid

Mandrona Group

After what could be months of browsing online, numerous home showings, and countless updates from your real estate agent about. Read More.

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Shea and Syd McGee Share Their Favorite Moments From Season 3 of ‘Dream Home Makeover’

Realtor.com

Photo courtesy of @thehughjackman via Instagram / MLS / Netflix / Realtor.com. “House Party” is the official Realtor.com® podcast about the overlapping worlds of home and pop culture, hosted by Rachel Stults and Natalie Way. Click the player above to hear our take on this week’s hot topics. On this episode of “House Party,” we’re thrilled to share our interview with Shea and Syd McGee , the stars of Netflix’s “ Dream Home Makeover ” and owners of the succ

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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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Dead or Simmering Market?

BubbleInfo

Sales are down, and listings are sitting longer, so it would be easy to assume the market is dead. Buyers want it to believe the market is dead so they don’t have to act. They are seeing everything though doom-colored glasses, which reinforces that it’s a great time to play it safe. I’ve been saying […].

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How to Buy Your First Airbnb Property

Mashvisor

Knowing how to buy your first Airbnb property is the first step to a successful Airbnb business. Read on to learn how you can get started.

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NAR partners with Arcadia Publishing for agent marketing

Real Trends

The National Association of Realtors is partnering with Arcadia Publishing under NAR’s “Realtor Benefits” program , according to an announcement on Tuesday. Through this partnership, NAR said that brokers can receive a free, fully branded brokerage promotional publication. According to the release, Arcadia Publishing will work with brokerages to create a fully branded “guide to buying and selling your home.

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The history of influencer marketing across the ages

The American Genius for Real Estate

You may roll your eyes at sexy strangers hawking snake oil on social media, but influencer marketing is nothing new. The post The history of influencer marketing across the ages appeared first on The American Genius Real Estate.

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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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Opinion: Why teams are so valuable?

Real Trends

In part one of this article , I discussed the future of teams in real estate brokerage. In this part, I discuss what brokers must know about the value of the teams at their brokerage so that they can serve them appropriately. Teams are agile and adaptable. The agility the team approach offers is undeniable. In a volatile market, they can shift quickly, unlike large brokerages that are mired in bureaucracy and can be slow to react to the rapid market changes.

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Hidden Gems in Jacksonville, FL: A Guide to the City’s Best Kept Secrets

Redfin

If you’re looking for a suburban feel with access to beautiful scenery and an average of 270 days of sunshine per year, Jacksonville, Florida, is the place for you. While the city is known for some of its most popular attractions like the Cummer Museum of Arts & Gardens and the Friendship Fountain , it’s also full of secret spots to uncover.

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Hot Buy of the Week

BubbleInfo

My quick tour of the home that garnered ten offers:

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39 Underrated Real Estate Lead Generation Ideas for 2022

The Close

If you’re searching for a new, outside the box real estate lead generation idea to scale your business in 2022, the sheer number of options can be overwhelming. We’ve compiled 39 underrated yet innovative real estate lead generation ideas that smart agents are using this year. We also link out to 30+ deep-dive articles to help you learn more and apply our expertise to get more leads today. 1.

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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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The new home sales recession continues

Housing Wire

Tuesday’s new home sales report missed expectations and had negative revisions, which isn’t surprising given this sector of our economy simply can’t handle higher mortgage rates. The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows.

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Common Home Seller Mistakes to Avoid

HomeLight

Selling a house often seems easier in theory than it actually is, especially since most people only do it once or twice in their lives. There’s lots of work to do before that “For Sale” sign ever gets put in the ground, and then even more work before you sign on the dotted line. During the sale process, there are many points where even experienced homeowners can make a mistake , costing time, money, or both.

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What You Should Consider Before Moving Into a Basement Apartment

Redfin

Basement apartments can be a comfortable home with a bit of natural coziness. While “basement” can imply cramped, many of these units have a reasonable amount of space, coming in at 600–1,000 square feet. Rent for a basement units are also typically cheaper than what you’ll pay for a similarly-sized above-ground unit. You could find a 600-square-foot one-bedroom, one-bathroom basement apartment in a renovated house for a few hundred or even thousands of dollars cheaper that a similar-sized renta

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How to Sell a House ‘As Is’ in Ohio

HomeLight

Looking to sell a house “as is” in Ohio? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. According to top producing Columbus, Ohio real estate agent, Lorraine (Lori) Lynn , every house is sold ‘as is’ in the state of Ohio. However, some sellers may not want to complete needed repairs on the house or may not have the funds to complete the repairs, so they will sell the house in its current condition.

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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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Homebuilders pull back as demand cools

Real Trends

New home sales fell for the second consecutive month in July, according to data released Tuesday by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. Sales of new single-family homes in June were at a seasonally adjusted annual rate of 511,000, down 12.6% from June and down 19.6% compared to a year ago. The sales pace is at its lowest level since 2015.

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How To Build A PowerHours Real Estate Team Why Tech Is Your Most Effective Recruitment Tool

Lab Coat Agents

The most successful agents have a natural talent for building and sustaining meaningful client relationships. . In today’s fiercely competitive market however, modern agents also understand the critical role of technology in augmenting inherent talent and automating key processes to drive greater business results, faster. Armed with the right tools, agents today have experienced firsthand how technology can help identify, nurture, and convert leads more quickly – from marketing automations to C

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New Home Sales Plummet in July

Eye on Housing

New home sales in July fell to their lowest level since January 2016 as the industry grapples with supply chain disruptions that are delaying new home building projects and raising housing costs as mortgage interest rates increased. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau estimated sales of newly built, single-family homes in July at.

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What’s New in Appraisal Membership: Summer 2022

McKissock

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide array of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we add new content to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership?

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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.