Housing Wire

JULY 19, 2021

As some borrowers exit forbearance and consider selling their homes, they could use some guidance to ensure they’re making the right decision. Using Xome’s Xpert Seller Program, servicers can help borrowers determine the best marketing strategy list and sell their homes. HousingWire recently spoke with Joe Cutrona, SVP, Auction Exchange & Asset Management at Xome, about Xpert Seller and how it benefits both servicers and borrowers.

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Keeping Current Matters

JULY 19, 2021

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s current low rates before they rise.

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Housing Wire

JULY 19, 2021

Blend Labs ‘ life as a public company is off to a promising start. Late last week, Blend sold 20 million shares of Class A stock at $18 apiece, raising $360 million. Shares closed trading at $20.90, giving Blend a valuation of around $4.6 billion. Blend CEO Nima Ghamsari will control 100% of Class B shares, giving him complete control of the firm.

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Realty Biz

JULY 19, 2021

If you are asking yourself, “should I refinance?” there are many things to consider. Homes are normally the largest expense people ever commit to and one that can have far-reaching consequences on their financial future. Looking at refinance mortgage options should provide you a way to deal with unexpected expenses, better plan your retirement, or pay for improvements to your home.

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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.

Agents

Housing Wire

JULY 19, 2021

As Chief Strategy Officer at Mortgage Capital Trading , Leslie Winick has harnessed her industry experience to help lead new technology innovations and industry-leading support that allowed MCT to continue to meet client needs despite the volatility of the past year. “Preparedness [over the past 18 months] was less about specific moments and experiences and more the aggregate of 30-years of lessons-learned: recognizing cyclicality and being comfortable with large swings and associated risk

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RIS Media

JULY 19, 2021

Cloudstar, a company that operates five data centers and provides support to title professionals throughout the U.S., is the latest victim of a “highly sophisticated ransomware attack.” The company released a statement on Sun., July 18 announcing the cyber attack. The details: – Cloudstar’s systems are currently down, except for its Office 365 mail services, email encryption offering and some support services. – The company has hired third-party forensics experts Te

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Better Dwelling

JULY 19, 2021

Canadian housing is cooling very fast, something few would believe a few months ago. Canadian Real Estate Association (CREA) data shows the national sales to new listings ratio (SNLR) fell in June. The measure, a proxy for demand, shows buyers are dropping out of the market faster than sellers. Most markets are now displaying this […]. The post Most Canadian Real Estate Markets Are Seeing Buyers Disappear Faster Than Sellers appeared first on Better Dwelling.

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Realtor.com

JULY 19, 2021

Getty Images When our bathrooms are out of order, it’s as if our lives are out of order. Whether you have one bathroom or five, uninterrupted function and cleanliness are crucial. That’s why it’s important to know exactly when the elements in your bathroom can conk out and need to be replaced. “Homeowners should be thinking about replacing and performing the proper upkeep with things in the bathroom because it’s the second most used room in the house, next to the kitchen,

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Better Dwelling

JULY 19, 2021

Canadian real estate just got another data point to show how lofty recent home price gains have been. Statistics Canada (Stat Can) released the median after-tax income of households in 2019. The data confirms what many suspected — home prices grew much faster than incomes. A lot faster. About Today’s Data Today we’re going to […]. The post Canadian Home Prices Increased 11x Income Before The Recent Pandemic Boom appeared first on Better Dwelling.

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Realtor.com

JULY 19, 2021

Getty Images The kitchen may be the heart of the home, but the living room is the hub. It’s where everyone convenes to relax and enjoy quality time with each other (or with the TV). If you’re preparing to list your house, you need to go the extra mile to help prospective new owners see your living room’s full potential. Today’s buyers expect spaces that are equal parts inviting and updated.

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Advertiser: Trellis

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.

Loans

Sotheby's International Real Estate

JULY 19, 2021

Minimalism has its appeal, but it’s hard to argue that maximalism doesn’t deserve its share of the design spotlight. In contrast to the pared-down aesthetics of minimalism and its Scandinavian neutrals, maximalism makes the claim that more is better. Instead of white walls and sparse decorative elements, think saturated colors, layered textures, and eclectic pieces that contribute to a bold and undeniably unique space.

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Design 125

Maximum Exposure Real Estate

JULY 19, 2021

Getting a Mortgage to Buy a House With Bad Credit Can I buy a house with bad credit? Are bad credit home loans available? If you are asking these questions, you’re not alone. Many people who are interested in purchasing a house want to know the minimum credit score requirement. Getting a home loan with […]. The post How to Buy a House With Bad Credit: Mortgages With Low Credit Score appeared first on Massachusetts Real Estate Exposure.

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Realty Biz

JULY 19, 2021

The coronavirus is causing many paradigm shifts , not the least of which is the evolving trend toward remote workin g. Combined with the advent of technology, especially 5G , the digital transformation of business is spawning a generation of what some call “digital nomads,” or business people preferring remote working situations. Companies large and small are all aboard as well, for obvious reasons.

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Fancy Pants Homes

JULY 19, 2021

If you’ve watched Selling Sunset , the Netflix docu-soap series focused on the high-powered female brokers at Oppenheim Group, you’re likely still daydreaming about the $40 million Hollywood Hills stunner featured on the show. In the first season of the highly popular show, the jaw-dropping mansion on Hillside Avenue in Los Angeles was the team’s most coveted listing, with each broker eyeing the $1.2 million commission that’d result from its sale.

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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.

Sales

Realty Biz

JULY 19, 2021

If you have an eCommerce business model, you have the entire internet through which you need to attract some customers to make the sales to get ahead. If you have a physical store location, though, or more than one, you have to use different advertising strategies. That’s when you need to start learning about and utilizing location data. Location data is a catchall term that basically means information indicating someone’s location when they use a smart device.

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BubbleInfo

JULY 19, 2021

It looks like the counts of active and pending listings are on their way back to normal. The impact depends on the price point though. The low-end market is evaporating, and if we had a surge of 25-50 new listings, they probably wouldn’t last long: On July 22, 2019, we had 94 active listings and […].

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Marketing 105

Realtor.com

JULY 19, 2021

Magnolia Network At long last, the Magnolia Network has launched! Now available on Discovery+ and the Magnolia app, this new channel features a slew of new shows all hand-picked by Chip and Joanna Gaines. But by far the most anticipated is the “Fixer Upper” redux the renovating duo star in themselves: “Fixer Upper: Welcome Home.” In the premiere episode, “Mediterranean Money Pit,” Chip and Joanna help their clients, David and Christina , fix up their 1976 home.

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Realty Biz

JULY 19, 2021

The most direct answer to the question, “ What is permanent life insurance? ,” can be just that it’s life insurance that lasts a lifetime. Unlike other forms of insurance which expire inevitably, like term insurance, permanent life insurance plans activate upon death whenever that moment comes. In addition to this main, lasting feature, permanent life insurance usually also comes with built-in features that other policies cannot boast.

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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.

Agents

RIS Media

JULY 19, 2021

The interior of homes is often in the limelight when it comes to considering what adds value to a property. However, you shouldn’t discount the exterior of a home. Outdoor features can prove just as valuable, giving you a boost in price when it comes time to sell. Having a backyard filled with amenities, from a well-thought-out irrigation system to a fully equipped kitchen right outside, has quickly become a necessity for sellers to feature.

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Realty Biz

JULY 19, 2021

One of the most important jobs you have to do while planning to rent a house is satisfying the landlords with your deeds by writing an excellent rental application. There are many ways by which you can do so. Landlords these days don’t care about a rental application. They judge the person by assuring if heshe can pay the rent on time. In other words, they need basic information about the renter: example, salary, name, job, and a few more.

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RIS Media

JULY 19, 2021

Editor’s Note: This is the second article in a two-part series. To read part one, click here. Consider your first months as a real estate agent. Can you remember wondering how to put all the information learned in your real estate licensing course into action? Or how to assimilate to different documents, technology and policies of a new brokerage.

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Realty Biz

JULY 19, 2021

Tech-powered real estate brokerage Compass has officially entered the mortgage business. The company has announced it’s forming a new mortgage origination firm in partnership with Guaranteed Rate Inc. Compass, which is best known for its technology tools that assist real estate agents in marketing themselves and their listings online, wants to expand its business by bringing tech tools to the mortgage application process.

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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.

Agents

The Mortgage Report

JULY 19, 2021

Today’s mortgage and refinance rates Average mortgage rates fell by a worthwhile amount on Friday. That was a surprise. Because market activity first thing that morning suggested a modest rise. […].

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Realtor.com

JULY 19, 2021

Getty Images With the delta variant of COVID-19 spurring a rise in U.S. cases, fears about how that could affect the recovering economy led to a big stock market drop on Monday. And as nothing in the financial markets happens in isolation, if stocks don’t recover swiftly, this could affect the white-hot housing market. The Dow Jones Industrial Average fell about 600 points, or about 1.8%, on Monday morning in what experts are calling a “significant” drop.

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The Mortgage Report

JULY 19, 2021

The Adverse Market Refinance Fee made it more expensive to refinance over the last year. Now, that fee has been removed. Learn more here.

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First Team Real Estate

JULY 19, 2021

Ending Q2 on a record high in June, we’re having our best year ever with a total of $4.142 Billion in sales volume year to date as one of the top real estate companies in the country according to the 2021 Power Broker Report. A thriving Southern California real estate market has helped make 2021 our best year on record with a total of $4.142 Billion in closed sales volume to date.

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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.

Agents

RIS Media

JULY 19, 2021

As a small business owner and president of the National Association of REALTORS® (NAR), I want to set the record straight on misconceptions by some about the real estate industry. Commissions for real estate agents and brokers are negotiable. Always have been. Always will be. Let’s put that on the table right now. Like most transactions in the American economy, market forces set individual commission rates to provide for competition among brokers, increase efficiency for consumers and ensure we

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Fancy Pants Homes

JULY 19, 2021

A Great Gatsby -worthy mansion recently came to market in the small but affluent community of Mendham, New Jersey. And while it may look like it was built by the Vanderbilts at the height of their wealth, the opulent home was actually built in 2008 and is now offered for sale with a $12,990,000 price tag. The estate sits on a massive 19-acre lot in a historic setting, as the Morris county borough is most known for the Mendham Historic District, which is listed on the National Register of Histori

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RIS Media

JULY 19, 2021

For potential homebuyers, the shortage of homes on the market combined with an unprecedented surge of competition from other buyers is spurring bidding wars, all-cash offers and imperviousness to sticker shock. In other words, the industry is hot. For real estate agents, this means lots of pressure to make clients happy, and if they can’t make this happen, there goes the deal and future referrals.

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Brownstoner

JULY 19, 2021

A developer is requesting a rezoning in order to build a 10-story commercial building in Red Hook. Plans for the project appear in an Environmental Assessment Statement that was filed with the Department of City Planning in June. It has not yet been certified by the commission, which would kick off… Read More > The post Developer Seeks Rezoning for 10-Story, Colorful Commercial Building in Red Hook appeared first on Brownstoner.

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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.

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