Fri.Sep 25, 2020

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UWM rolls out “game-changing” mobile app for brokers

Housing Wire

Just days after announcing that United Wholesale Mortgage would be going public in the fourth quarter at a $16.1 billion valuation, CEO Mat Ishbia today unveiled a new tech tool that he claims will bring “game-changing flexibility” to brokers. The Michigan-based company today officially launched UWM InTouch, a mobile app that it says allows brokers to handle virtually every aspect of the lending process, from underwriting through clear-to-close, without need for a desktop computer.

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Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns by pricing your home competitively right from the start. Reach out to a local real estate professional today to make sure you have the guidance you need to price your home right this fall.

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Porch adds five new board members ahead of public debut

Housing Wire

Real estate tech company Porch announced Wednesday that it has brought on five new members to its board of directors ahead of becoming publicly traded. The company added: Javier Saade, founder and managing partner of Impact Master Holdings as well as venture partner at Fenway Summer Ventures Chris Terrill, former CEO of HomeAdvisor and Angie’s List and a board member of Realogy Holdings and Infogroup Regi Vengalil, chief financial officer of Expedia ’s corporate travel division, Egencia , who wi

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Marketing Matters: How to Build Your Brand and Stand Out in a Competitive Market

RIS Media

A familiar face in the Super Bowl commercial lineup, Rocket Mortgage® knows a thing or two about marketing. Here, the company’s Chief Marketing Officer Casey Hurbis discusses key marketing trends real estate professionals should follow to build their brand and stand out among the competition. He also describes his favorite marketing initiative to date.

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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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Fidelity National Financial expands its digital options to help prevent wire fraud

Housing Wire

Fidelity National Financial , a provider of title insurance and settlement services to the real estate and mortgage industries, is working to prevent wire fraud in today’s growing digital environment. Mortgage demand remains at a record high , and much of the country’s workforce is still working remotely , making this year’s wire fraud threat much worse.

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How Brokers Saved 2020: CEO Exchange Speakers Share Strategies

RIS Media

If there’s one thing everyone can easily agree on, it’s that 2020 has seen more than its share of challenges. But for many top brokers, it has also been a year of surprising opportunity. On Sept. 17, during RISMedia’s 31st Annual Real Estate CEO Exchange, co-presented by the National Association of REALTORS? (NAR), RISMedia gathered more than 50 leading brokers and industry executives for the first-ever virtual version of the storied event.

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Caution: A Housing Crisis Could Be Coming for These 10 Cities

Realtor.com

fstop123/Getty Images With no end in sight to the coronavirus pandemic and the job losses and financial pain the crisis has wrought, millions of U.S. homeowners are behind on their mortgage payments and struggling to hang on to their abodes. First-time, minority, and lower-income homeowners are among those most at risk of losing their homes. About 17.4% of the roughly 8 million Federal Housing Administration mortgages, primarily made to these more vulnerable borrowers, were delinquent in August.

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Revamping qualified mortgages: A clearer message?

Housing Wire

The federal Ability to Repay Rule has always been a study in contradiction. Back in 2014, the Consumer Financial Protection Bureau issued the rule to instill strict underwriting standards for mortgage loans, but also hoped not to hamper the availability of affordable home loans for creditworthy borrowers. The rule provided a safe harbor that would promote compliance certainty, but still claimed that lenders have the flexibility to underwrite loans outside that safe harbor.

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What Real Estate Can Teach You About Launching a New Product During a Pandemic

RIS Media

When I co-founded a software company three years ago, I knew I was bringing 30 years of experience as a real estate broker to the table. But what I didn’t know was that we would be launching our software, which was designed to help people negotiate and manage documents in a fully digital manner, in the middle of a global pandemic. And that some of the lessons I learned throughout my real estate career would be the very things that helped us launch successfully even though the whole world s

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The Mortgage Collaborative supports members through virtual educational sessions

Housing Wire

The Mortgage Collaborative, an independent cooperative network, has supported its members through this year’s uncertain environment with its 2020 virtual educational and networking platform TMConnect. Through TMConnect, TMC offers virtual educational and networking sessions for employees from throughout its member companies. The sessions are part of their membership and come at no additional cost.

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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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Your Ticket to Weekend Fun: How To Build an Outdoor Theater for Socially Distanced Movie Nights

Realtor.com

LAND BY DESIGN/Houzz As the COVID-19 pandemic has slogged on, we’ve been forced to think about ways to bring our cherished regular activities into our homes. Some of us have created the ultimate craft cocktail bar (and dare we say our Manhattan is as good as any we’d order on a night out). We’ve turned our living spaces into home offices and virtual classrooms.

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Home Point Financial launches community foundation with initial $1 million grant

Housing Wire

Home Point Financial announced on Friday the launch of its charitable community foundation with an initial pledge of $1 million dedicated to funding 50 new minority and female-owned brokerages. In the midst of the Association of Independent Mortgage Experts National Fuse Conference , Home Point announced the initial $1 million in grant money will be distributed in coordination with AIME’s latest diversity initiative, the Spark program.

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The New LGBTQ+ Real Estate Alliance Names Board of Directors

RIS Media

The new LGBTQ+ Real Estate Alliance has announced its board of directors in advance of the organization’s launch on Oct.1. John Thorpe was elected as The Alliance’s first president. Alex Cruz will serve as vice president, Patrick Ruble as secretary and Scott Armstrong, who will serve as interim treasurer for the remainder of 2020. All other roles will extend through the end of 2021.

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People movers: Sagent, Homespire Mortgage, Title Partners

Housing Wire

Fintech company Sagent announced it hired veteran technology leader Uday Devalla as its new chief technology officer. Devalla brings a wealth of industry experience to his new position, leading engineering, digital transformation, information security, and regtech strategy in housing for more than two decades. His background includes serving as a technology executive at Bank of America , where he helped build and run the industry’s first non-agency automated underwriting system and proprietary l

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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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Chicago’s Fascinating ‘House on the Roof’ Is a Penthouse Without Parallel

Realtor.com

realtor.com When you think of a penthouse in Chicago , your mind wanders to a long elevator ride, at least 30 stories up. We’ve found a unit, however, that breaks that mold. On the market for $850,000, this two-level penthouse is perched on a building with only eight other units. The listing details aptly describes it as a “house on the roof”: a three-bedroom, 2.5-bath home artfully perched on top of a building dating to the 1890s.

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4 Steps to Finding Top-Quality Leads

RIS Media

Tired of wasting your valuable time on leads that end up going nowhere? We sat down with Sherri Johnson, real estate coach, to get her expert advice on how to find top-quality real estate leads, and how to convert those leads once you have them. Click here to watch this insightful interview. Don’t have time to watch the video? Here are a few key takeaways so that you can get the gist.

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Lessons From Listings Photos: How This House Sold in a Month During a Pandemic

Realtor.com

realtor.com It doesn’t matter how perfect your home is—if your listing photos don’t stand out, potential buyers won’t come by to take a look. In our series “ Lessons From Listing Photos ,” we dissect the smart updates sellers have made to their homes, and how their listing pictures highlight the home’s best assets. There is no perfect time to sell a house—anyone who’s ever put a property on the market will tell you that.

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‘Swamp the Boat’ Offer

BubbleInfo

Here’s how I handle a hot one when I’m the listing agent. My listing of 7206 Durango in Carlsbad was appropriately priced at $999,000, given what we were selling and the homeowners’ desire to move sooner, not later. What do I mean when I say ‘appropriately priced”? Sure, it was 2,699sf but it wasn’t a […]. The post ‘Swamp the Boat’ Offer appeared first on bubbleinfo.com.

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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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Chrissy Teigen and John Legend Buy Brand-New Beverly Hills Home for $17.5M

Realtor.com

Simon Berlyn for Sally Forster Jones of Compass, Toni Anne Barson/WireImage About a month after listing their stylish Beverly Hills pad for $24 million, the celebrity couple John Legend and Chrissy Teigen have upsized to a brand-new abode in the 90210 for $17.5 million. The duo closed on the home this week, just as they were putting a “Sold” sign on their previous compound, which is now in “contingent status,” according to realtor.com®.

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HOW TO GET MORE OUT OF YOUR INTERNET LEADS

Jason Fox

HOW TO GET MORE OUT OF YOUR INTERNET LEADS. So you've got a great website.now what? Because more than 44% of all home searches start with online research, it’s no surprise that Realtors need a strong web presence to succeed in business. Building a solid website that converts your searchers to hand raisers is very important - but is really just the first step.

Marketing 101
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Mortgage and refinance rates today, September 25, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. Contrary to Freddie Mac’s weekly survey, we reckon they were the same last evening as they were a week […].

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Berkshire Hathaway HomeServices Announces Addition of Alexander Chandler Realty to its Global Brokerage Franchise Network

RIS Media

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, announced recently that Fort Worth-based Alexander Chandler Realty will join its network. Alexander Chandler Realty will add one office and 105 agents to the network and will operate as Berkshire Hathaway HomeServices Alexander Chandler Realty.

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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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Tarek El Moussa Reveals How To Renovate During a Pandemic

Realtor.com

HGTV Tarek El Moussa of “Flip or Flop” fame has helped many novice flippers on his show “Flipping 101 with Tarek El Moussa.” And after all those years in the business, you’d think he’s seen it all. But then the coronavirus pandemic hit. On the episode titled “Bad Energy BoHo,” El Moussa helps Amber and Carlos with a house in Playa del Rey, a neighborhood in Los Angeles.

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Zillow Said ‘No Intention of Becoming a Brokerage’ in 2017, Launches ‘Zillow Homes’ in 2020

RIS Media

Tell Us What You Think: Quick Survey Included Below to Share Your Thoughts About Zillow Starting a Licensed Brokerage. If you look at Zillow’s progression over the last several years, from Zillow Offers to Zillow Home Loans and Zillow Closing Services, you might guess that the company’s latest news—launching its own brokerage, Zillow Homes , to service its iBuyer segment—is simply the next step in a long-planned strategy.

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U.S. Buyers Face Significant Inventory Shortages

Realtor.com

Getty Images The coronavirus pandemic has left a “gaping hole in the U.S. housing inventory” that is triggering property price growth, according to a report released Thursday from realtor.com. In the roughly six months between the start of the pandemic in March and mid-September, 2.91 million homes have been put on the market, roughly 390,000 fewer than the same time in 2019, the online real estate portal said.

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Home Prices Rising Amid Continued Inventory Challenge

RIS Media

It’s more of the same, according to realtor.com ®’s Weekly Housing Report for the week ending Sept. 19. Home prices continue rising and inventory continues to pose a challenge in today’s markets. Some areas are, however, on the rebound after wildfires and hurricanes impacted the real estate markets. The latest on home prices? They’ve continued to grow at last week’s record-breaking pace of 11.1 percent, according to the report.

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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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The Bed Stuy House Tour Will Continue for the 42nd Year With a Virtual Event

Brownstoner

While those eager to get a peek inside the architectural delights of Bed Stuy won't be able to stroll through the houses in person this year, the annual house tour will go on. The 42nd annual Brownstoners of Bedford-Stuyvesant house tour is going virtual for 2020, joining the ranks of… Read More > The post The Bed Stuy House Tour Will Continue for the 42nd Year With a Virtual Event appeared first on Brownstoner.

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Liz Power of Huntsville Affiliates With Century 21 Real Estate LLC

RIS Media

Liz Power, Huntsville real estate entrepreneur and local media influencer, has chosen to affiliate with Century 21 Real Estate LLC and will officially operate as CENTURY 21 Power Homes. “The Power Homes Team is known for going above and beyond for our clients and in the communities in which we live and work, and this affiliation with a brand that has a 50-year legacy of relevance with consumers and industry professionals sets us up to grow our business by taking quality service to even gre

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Housing trends continue to surprise everyone during pandemic

The American Genius for Real Estate

(BROKERAGE) Despite whispers, then shouts, to the contrary, the 2020 pandemic did not drive droves of people seeking housing out to the suburbs. The post Housing trends continue to surprise everyone during pandemic appeared first on The American Genius Real Estate.

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Daily Links: Virus Cases in Classrooms Close Six NYC Schools on Opening Day

Brownstoner

In the News 100 NYC School Buildings Have Already Reported a Positive Case [NYT] How New Yorkers Found Resolve After 6 Months of Pandemic Hardship [NYT] New York Will Review Virus Vaccines, Citing Politicization of Process [NYT] Beloved Carroll Gardens Diner Closes [BP] Gowanus Canal Dredging to Start Mid-November: EPA [BP] Business as Usual in Borough… Read More > The post Daily Links: Virus Cases in Classrooms Close Six NYC Schools on Opening Day appeared first on Brownstoner.

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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.