Realtor.com
FEBRUARY 6, 2023
Illustration by Realtor.com; Photos: Getty Images (2) Homebuyers who are closely watching the correction in the real estate market might believe now is a good time to pounce. After all, homes are sitting on the market for longer, those maddening bidding wars have dried up, and wild offers over the asking price are things of the past, right? Well, not exactly.
Housing Wire
FEBRUARY 6, 2023
Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. First, here is a quick housing market rundown from last week : Purchase application data was negative 10% week to week — but still positive for the year Housing inventory decreased by 8,664 units, a more extensive inventory decline than we saw in the prior week The 10-year yield had a wild week, and mortgage rates d
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Keeping Current Matters
FEBRUARY 6, 2023
Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started coming down from last year’s peak, they’re still higher than they were a couple of years ago.
Housing Wire
FEBRUARY 6, 2023
Michigan-based United Wholesale Mortgage (UWM) has named Andrew Hubacker as its chief financial officer, the company announced on Monday. Hubacker joined the mortgage lender in October 2020 as chief accounting officer. He became an interim principal financial officer in July 2022 following the death of Timothy Forrester. Forrester served as UWM’s CFO for 10 years.
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.
Inman
FEBRUARY 6, 2023
Our partners are a critical part of those experiences, and value the opportunity to reach these power-players. We asked them for their impressions and takeaways from the event.
Housing Wire
FEBRUARY 6, 2023
The Mortgage Bankers Association (MBA) urged the Federal Housing Finance Agency (FHFA) to remove the addition of a debt-to-income loan level pricing adjustment (LLPA) in Fannie Mae and Freddie Mac ‘s pricing framework. In January, the FHFA made a series of changes to LLPA fees with a revamped LLPA matrix that differentiates pricing by loan purpose, with grids for purchase loans, limited cash-out refi loans, cash-out refinance loans.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 6, 2023
Home lender PrimeLending has promoted Kim Dybvad to lead its Mid-America division, months after the workforce quit en masse and joined a competitor. Dybvad, who joined the company in 2013 and is now a vice president, will be responsible for loan origination production in the Ohio, Indiana, Illinois, Michigan, Wisconsin and Kentucky markets. “Kim exhibits the very best attributes of a PrimeLending servant leader – passion, drive, tremendous industry knowledge and empathy,” said Karen Blakeslee, e
Inman
FEBRUARY 6, 2023
Good talent is out there. By taking a different approach to agent and staff recruitment, you can find amazing additions to your team or brokerage.
Housing Wire
FEBRUARY 6, 2023
Rocket Pro TPO , the wholesale arm of Rocket Mortgage , wants to court brokers from its competitor United Wholesale Mortgage even if it means covering legal costs to bring them over. “Starting today, we stand behind brokers who want to use Rocket or Fairway [Independent Mortgage Corporation] , but fear Mat Ishbia’s lawyers ,” Mike Fawaz, EVP of Rocket Pro TPO said at the lender’s Ignite Live sales event with brokers on Monday.
Inman
FEBRUARY 6, 2023
Brokers Robyn Kimura Hsu and Rachel Schindler have rejoined Realogics Sotheby's International Realty. The four-person Robyn + Rachel Group has a lifetime sales volume of $1.3 billion.
Speaker: Rivers Pearce, CEO of W8LESS
Successful real estate professionals know that the most powerful tool in their business (aside from their stellar personality, of course) is maintaining a robust database of past, current, and prospective clients. However, keeping your contacts in a spreadsheet, or worse, sitting in your iPhone, simply won’t cut it in today’s world. In this session, Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share.
Housing Wire
FEBRUARY 6, 2023
America’s $13.3 trillion mortgage servicing sector shouldn’t be “disrupted” by financial technology, it should be reimagined with fintech. Most new-to-mortgage fintech folks who overuse the word “disruptor” will start by asking, “What are your requirements?” but that’s the wrong question. The right questions — asked by the right servicing fintech experts — clarify how to improve operational, customer service and compliance models.
Inman
FEBRUARY 6, 2023
TikTok user Nicole Rose posted a video of herself staring in stunned silence at the Kansas City apartment's pet policy, which requires a $200 one-time fee for pets, along with a $15 monthly fee.
Housing Wire
FEBRUARY 6, 2023
Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front. In the third week of January, 57% of all borrowers who locked in rates paid at least a half-point, 44% paid at least a full point and nearly a quarter lowered their mortgage rates with buydowns of two points or more, according to Bl
Inman
FEBRUARY 6, 2023
Tiny-homebuilding startup Boxabl has received $140 million in funding since its founding in 2017 and now has a waiting list of 160,000 tiny-home orders. How long will investors wait for homes to be delivered?
Speaker: Tim Hughes, Co-Founder and CEO of Digital Leadership Associates
In this era of social media, traditional ways of selling are not as effective as they used to be. As prospects become more proficient on social media, many organizations struggle to keep up, not knowing how to navigate the new digital landscape. With most of the world’s population active on social media, it is imperative that teams improve their sales strategies by investing in sales coaching & training.
Realtors Property Resource
FEBRUARY 6, 2023
Learn about the significant improvements made to the RPR Mobile™ app The post RPR app: Release Notes February 2023 appeared first on Realtors Property Resource (RPR).
Inman
FEBRUARY 6, 2023
It’s no surprise that for today’s eco-conscious buyers, LEED-certified residences represent a prize like no other. However, for now, such homes are a rarity. Here’s a closer look at why that’s the case, and why it could be changing.
Realtors Property Resource
FEBRUARY 6, 2023
See the latest updates to the RPR website. The post Release Notes: February 2023 appeared first on Realtors Property Resource (RPR).
Inman
FEBRUARY 6, 2023
Building a culture that no one wants to leave isn’t easy, writes DEI expert Julia Lashay Israel. Here she shares the core pillars of an inclusive culture and how you can leverage them as components to take your brokerage to the top.
Speaker: Grier Allen, CEO and Co-Founder of BoomTown
For real estate professionals, 2021 was an iconic year. And while the seller’s market continues to shape 2022, real estate experts predict significant changes in inventory, mortgage rates, home prices, and buyer’s checklists. It can be difficult to navigate these constant shifts. However, with the right strategy in place, there is no doubt that you can achieve success.
Broke Agent Media
FEBRUARY 6, 2023
Patrick Mahomes, who’s preparing to lead his team against the Philadelphia Eagles in Super Bowl LVII, is a star quarterback many believe to be a legend in the making. He’s also a savvy real estate investor who’s wasted no time growing his multimillion-dollar real estate empire. While we wait patiently for Sunday, we’re diving into the impressive real estate portfolio owned by 27-year-old Patrick Mahomes. #1— Kansas City Condo (Image: Realtor.com ) Patrick Mahomes made his first real estate inve
Inman
FEBRUARY 6, 2023
These strategies work, whether you are establishing, growing or maintaining your real estate agent referral network.
Seattle Times Real Estate
FEBRUARY 6, 2023
Even as home shoppers once again compete for houses in the Seattle area, the market is far from the frenzy of recent years.
Inman
FEBRUARY 6, 2023
Homebuyers can put as little as 5 percent down when taking out a new construction loan, with one closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage.
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Maximum Exposure Real Estate
FEBRUARY 6, 2023
Spring Home Maintenance Checklist Would you like a spring home maintenance checklist to ensure things around your property get taken care of? As a homeowner, you always have plenty to do to take care of your home. But there are better tasks during certain times of the year, and Spring is no exception. Some maintenance […] The post Checklist For Spring Home Maintenance: Tips You’ll Love appeared first on Maximum Real Estate Exposure.
Realtors Property Resource
FEBRUARY 6, 2023
Master these critical prospecting strategies to help you stand out from the competition, increase success, and close more deals. The post Outperform Your Competition With These 10 Prospecting Essentials appeared first on Realtors Property Resource (RPR).
Broke Agent Media
FEBRUARY 6, 2023
BAM Key Details: According to the Knock Buyer Seller Market Index report, continuing shifts in the U.S. housing market will increase the number of buyers’ markets from 13 to 34 by the end of 2023. Buyers who are flexible on when and where they buy a home stand the best chance at finding and purchasing a home they can afford in 2023. According to the Knock Buyer Seller Market Index report, continuing shifts in the U.S. housing market will increase the number of buyers’ markets from 13 to 34 by
Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency
Social Media is one of the most efficient sales tools an agent can use! It has the potential to produce high-quality leads and foster client relationships when used effectively. As new social media tactics flood the market, agents are being inundated with the various apps and trends that could lead to their success. In this webinar, The Broke Agent and Matt Lionetti breakdown the strategies they utilized to grow their accounts to over 400,000 combined followers.
Maximum Exposure Real Estate
FEBRUARY 6, 2023
What is a Property Lien? Did you find out there are liens on your house? Selling a house with a lien can be problematic. Can a lien against your property stop the sale? It sure can – dead in its tracks! If you are planning on selling your home, it is in your best interest […] The post What to Know About Liens on A House appeared first on Maximum Real Estate Exposure.
Broke Agent Media
FEBRUARY 6, 2023
Ready for some BAM good news? Real estate can be pretty fickle, and constant negative news about mortgage rates, home prices, and layoffs can get people down. Each week, we’re giving you the most uplifting and positive news in real estate. This industry can be tough, so here’s a little sunshine to start your week! Mortgage Rates Dipped Below 6% After the Federal Reserve met last week, mortgage rates dipped below 6%—and the whole industry celebrated. 5s!
The American Genius for Real Estate
FEBRUARY 6, 2023
Luxury consumer markets are booming in America, creating ample opportunity, despite a looming economic downturn.
Broke Agent Media
FEBRUARY 6, 2023
The question for this episode of the Over Ask Podcast is how you, as a real estate professional, can build a local community for your real estate business—and why you should. To answer those questions , Atlanta real estate agent Matt LaMarsh joins Matt Lionetti and The Broke Agent to discuss how his real estate business exploded once he joined and then started his own Porsche Facebook group.
Speaker: Brynne Tillman CEO | LinkedIn Whisperer at Social Sales Link
In many organizations, Sales Enablement is owning both LinkedIn and Social Selling. LinkedIn, even the free version, is an essential sales tool that every sales professional should be using, while leadership is continuing to turn to Sales Enablement to ensure that the business development team has all the strategies and tactics they need to be successful.
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