McKissock
JUNE 8, 2022
As a real estate agent, your ability to generate and convert leads will play a crucial part in the success of your real estate business. Last year in our Trick of the Trade campaign, we asked real estate agents across the country for some advice on how to generate leads. Here are just some of the lead generation tips they shared. #1: Don’t judge a book by it’s cover.
Housing Wire
JUNE 8, 2022
We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall? I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. .
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Keeping Current Matters
JUNE 8, 2022
If you’re looking to buy your first home, you’re likely balancing several factors.
Housing Wire
JUNE 8, 2022
Mortgage application volume for the week ending June 3 dropped 6.5%, sliding to the lowest level in 22 years, driven by weakness in purchase and refinance applications. Despite the recent decline in mortgage rates , they were not low enough to spur refinance activity, which led to the decline of the Mortgage Bankers Association ‘s (MBA’s) Market Composite Index.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
GeekEstate
JUNE 8, 2022
This week, we interviewed Michael Wisnefski of MaterialsXchange. Let’s get to it! Who are you and what do you do? My name is Mike Wisnefski. I am one of the founders and the CEO of MaterialsXchange (MX), the digital marketplace for lumber. I am a husband, a father of two awesome teenagers, and an avid fly fisherman. I work hard so that I can also play hard.
Housing Wire
JUNE 8, 2022
VanDyk Mortgage Corporation has signed a contract to use Black Knight ‘s MSP system to expand its servicing operations, the company announced Wednesday. Black Knight, which provides integrated technology, services, data and analytics to the mortgage lending, servicing and real estate industries, has contracts providing its MSP servicing system to companies, such as multi-channel fintech platform Lower and Iowa Bankers Mortgage Corporation.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 8, 2022
The planned merger between Intercontinental Exchange Inc. and Black Knight may be subject to scrutiny from the Department of Justice and the Consumer Financial Protection Bureau over antitrust concerns raised by the Community Home Lenders Association. In its Wednesday letter to the DOJ, CHLA claimed the small and midsize independent mortgage banks it represents would be “particularly vulnerable” to market concentration — such as the large conglomerate resulting from an ICE/ Black Knight merger —
Eye on Housing
JUNE 8, 2022
Per the Mortgage Bankers Association (MBA), through the week ending June 3, total mortgage activity decreased, with the 30-year fixed-rate mortgage (FRM) rate increasing to 5.45%, on average. The latest week’s rate increased to 5.4%, after 3 consecutive weeks of declines, each by a few basis points. The Market Composite Index, a measure of mortgage loan application volume, decreased by.
Housing Wire
JUNE 8, 2022
Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators.
Brownstoner
JUNE 8, 2022
Brooklyn Heights Library has once again opened its doors on Cadman Plaza West, in airy new quarters on the first floors of a newly built 36-story luxury condo tower, rather than in its former low-slung mid-century modern 1962 building. The new tower's three-level space, which is owned by Brooklyn Public Library,… Read More > The post Brooklyn Heights Library Opens in Sleek New Digs at Base of Condo Tower appeared first on Brownstoner.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Housing Wire
JUNE 8, 2022
The Federal Housing Finance Agency (FHFA), under the leadership of Director Sandra Thompson, on Wednesday unveiled landmark equitable housing finance plans for Fannie Mae and Freddie Mac. The plans establish a flexible framework for the government-sponsored enterprises to address barriers to sustainable housing and close the racial homeownership gap.
The Mortgage Report
JUNE 8, 2022
Mortgage rates are expected to grow following the Federal Reserve's June meeting and anticipated hike to the fed funds rate.
Housing Wire
JUNE 8, 2022
Participants of Ginnie Mae ’s digital collateral program want commingling of eNotes and paper notes, and the agency is not saying no. Currently, the program allows for digital only pools. But if the agency moves to allow commingling, then eNotes and paper notes can be bundled in the same pool. Lynne Chandler, director of the digital collateral program at Ginnie Mae, said during a webinar hosted by Falcon Advisors last week that she “hears participants” and that the agency “wants to make th
Brownstoner
JUNE 8, 2022
The work of more than 30 artists will be dotted throughout Prospect Lefferts Gardens this weekend as PLG Arts hosts its first art walk. Sites from stoops to local businesses will be displaying local creativity on Sunday, June 12 from 11 a.m. to 5 p.m. Wander Rogers and Nostrand avenues from… Read More > The post Spend a Summer Afternoon Soaking in Local Art and Music at the PLG Arts Fest appeared first on Brownstoner.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Housing Wire
JUNE 8, 2022
Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market. UWM, the largest wholesale lender in the country, has been challenged by rising mortgage rates, decreasing refinancing volumes and fierce competition in the wholesale channel during the past couple of years, mainly from Rocket Mortg
The Mortgage Report
JUNE 8, 2022
Everything you need to know as a Wyoming first-time home buyer, from home prices to loan options and grant programs.
Toronto Realty Blog
JUNE 8, 2022
TorontoRealtyBlog. Let’s start today’s blog post with another quote. Er, maybe this is more of an adage, saying, or idiom, but you know the one: “If a tree falls in the woods and nobody is around to hear it, does it make a sound?” Nobody truly knows the origin of this saying, although I was fascinated to read this in Wikipedia: In June 1883, in the magazine The Chautauquan , the question was asked, “If a tree were to fall on an island where there were no human bei
The Mortgage Report
JUNE 8, 2022
Today’s mortgage and refinance rates Average mortgage rates just edged lower yesterday. But that made very little difference after several recent sharper rises. Earlier this morning, it was looking as […].
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Fancy Pants Homes
JUNE 8, 2022
Poolside bevvies have never been so stylish. Emmy Award-nominated host of Netflix’s Queer Eye , Bobby Berk added his designer chops to his latest project: becoming an Airbnb host. And the reality star, 40, has created quite the oasis. Located in Palm Desert, Berk did a massive remodel of his California home and opened up the doors to the public with his unique approach to interior style.
The Close
JUNE 8, 2022
Thinking of becoming a real estate agent and wondering how to get a real estate license? Here’s the good news: you can get your real estate license in just five simple steps. In this article, you’ll get a step-by-step guide to getting your real estate license as well as the must-know information for your state. We also include resources to help you successfully launch your new career.
Brownstoner
JUNE 8, 2022
In Windsor Terrace, this early 20th century row house close to Prospect Park is swimming in pristine original woodwork and other original details and also has an extensive high-end renovation that includes a Henrybuilt kitchen. A legal two-family used as a single-family, 277 Windsor Place also has a fair amount… Read More > The post Windsor Terrace House Near Prospect Park With Pristine Woodwork, Sunroom Asks $3.999 Million appeared first on Brownstoner.
Real Trends
JUNE 8, 2022
Katie Lance, CEO and founder of Katie Lance Consulting focuses on social media for real estate , believing it to be a significant opportunity for agents and brokers to communicate with potential prospects, market themselves and their listings and build their business. Social media puts everyone on a level playing field, she adds. Lance’s #GetSocialSmart handbook helps those trying to hone their strategy while her #GetSocialSmart Academy allows member agents and brokers to receive the latest trai
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Realty Biz
JUNE 8, 2022
If the price of lumber is a leading indicator, the cost of new home construction might be coming down. Or at least seeing some relief from rising costs. Lumber prices have fallen 47% year to date. But that isn’t the big news. The bigger news is that prices are down 65% from a 2021 record high of $1,733 per thousand board feet. In late May, lumber price futures stood at $651 per thousand board feet.
BubbleInfo
JUNE 8, 2022
There was a slight decline in the percentage of sales closed over the list price in May, but it matched the peak month in 2021, and historically speaking, it still sounds wild that nearly two out of three buyers are paying more than the list price when we are at these crazy-high price points. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ […].
Realty Biz
JUNE 8, 2022
You might have a job or a business to take care of. Your busy life might not allow visiting your rental property often and ensure its proper management. This can lead to several structural and cosmetic issues in your rental property like cracked ceilings and pest infestation – a big turn-off for potential tenants. This could translate to monetary losses in the long run and followed by frustration.
Real Trends
JUNE 8, 2022
Single-family construction growth slowed considerably in large suburban markets during the first quarter of 2022, according to the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI), published Tuesday. The index shows that the rate of year-over-year single-family construction growth slowed during the first three months of the year in small and large metro urban, suburban and rural regional submarkets.
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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.
Realty Biz
JUNE 8, 2022
Canada’s real estate market may finally be facing the broad downturn that industry observers have been anticipating for several years. Rising interest rates have caused home prices and sales to taper off. In a recent interview, Benjamin Reitzes, BMO’s managing director of macro strategy, said he would be shocked if home prices don’t fall by a double-digit margin in the near future. .
Agent Fire
JUNE 8, 2022
Real estate agents have lots to gain from working with real estate investors. But to be an investment-friendly agent, you'll need these new skills first. Become (and market yourself as) an Investor-Friendly Real Estate Agent is just one of many great real estate strategies on The Spark.
Realty Biz
JUNE 8, 2022
Marketing your real estate business has always been an incredibly crucial task. You can’t be successful without sourcing clients, and in today’s always-connected world, one of the most effective ways real estate agents can become social media marketers and have a true digital marketing strategy is by taking advantage of the fact that all of us are wirelessly connected through the internet, often always.
Brownstoner
JUNE 8, 2022
If the tag line, ‘Just do it’ wasn’t already taken – and famously so – the founders of General Assembly might have used it to help open their store, Assembly Line, in Boerum Hill. For cofounder Colin Stief, the slogan encapsulates the very heart of why the sought-after design company… Read More > The post Artisanal Home Goods Get a Tryout at Assembly Line in Boerum Hill appeared first on Brownstoner.
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