Tue.Apr 06, 2021

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The appraisal gap is complicating deals across the country

Housing Wire

The home checked off every box on Linda’s list. It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. The house, in the Nashville area, was listed at $405,000. Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies.

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Don’t Sell on Your Own Just Because It’s a Sellers’ Market

Keeping Current Matters

In a sellers’ market , some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner , or FSBO ) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up virtually any house that comes to market. This makes it even more tempting to FSBO.

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The future of mortgage closings

Housing Wire

A painstaking, uncoordinated movement to fully adopt remote online notarizations nationwide and complete end-to-end digital escrow mortgage closings is gaining even more traction as the real estate industry launches into a new decade in 2021. But depending on where you work in housing, it can feel like a bumbling snafu, a noble attempt that’s stuck in slow motion, or maybe even a lifelong crusade where patience and persistence will eventually win the day.

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A Large Canadian Bank Just Blamed The Bank of Canada For The Property Bubble

Better Dwelling

One of Canada’s largest banks made an unusual move — they called out the role the Bank of Canada (BoC) played in the property bubble. Well, they subbed them. BMO senior economist Robert Kavcic sent clients a housing analysis this morning. He attributes the transition from a hot market to one that’s going to burn […]. The post A Large Canadian Bank Just Blamed The Bank of Canada For The Property Bubble appeared first on Better Dwelling.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Two Southern banks complete mortgage eNote transfer

Housing Wire

Truliant Federal Credit Union is the first Southeast financial institution to officially complete a transfer of an eNote – or an electronic promissory note – to Federal Home Loan Bank of Atlanta (FHLBank Atlanta), as part of FHLBank Atlanta’s eNote pilot program, the lender said Tuesday. Going forward, FHLBank Atlanta will accept all eNotes, per bank officials.

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Social Media Marketing Mistakes All Agents Should Avoid

RIS Media

Whether you’re just starting out in the business or you’re a veteran agent, marketing mistakes are inevitable. Strategies are constantly changing, especially with the rise of social media. From updating their current plans to mastering online marketing, real estate professionals should leverage new, modern tactics to grow their business.

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Toronto Real Estate Prices Rise More Than Half The Median Wage In A Month

Better Dwelling

Greater Toronto real estate is now earning far more than most owners could make working. Toronto Regional Real Estate Board (TRREB) data shows home prices soared in March. A typical home saw prices rise by half the region’s median wage in just over a single month. That’s a typical home. A detached home jumped in […]. The post Toronto Real Estate Prices Rise More Than Half The Median Wage In A Month appeared first on Better Dwelling.

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How to Get Rid of Junk in Your Home

Point2Homes

Image: Palabra / Shutterstock.com. According to the Environmental Protection Agency (EPA), the average American produces 4.4 pounds of waste each day. And, although most of this finds its way into the trash, some will remain in your home. Then, it gradually fills up your closets with stuff you need to get rid of when moving to another home. While it can be difficult to know where to start when removing junk from your house, hiring a professional junk removal company will ensure that this necessa

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Five reasons it’s not a “horrible time to buy a house”

The Mortgage Report

Many experts are saying it's a horrible time to buy a house. But that's not true for everyone. Here are 5 reasons it could be a great time to buy a home.

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The 2025 Real Estate Roadmap to Success

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.

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Inside a Parisian-Inspired Residence in San Francisco

Sotheby's International Real Estate

Constructed in 1914, a beautiful building at the top of Nob Hill pays homage to the iconic Haussmann architecture of mid-19th-century Paris with its tall windows, balconies, ornate wrought iron, and Beaux Arts flourishes. Renowned architect Andrew Skurman and esteemed interior designer Suzanne Tucker have masterminded the interiors of this rarefied 3,474-square-foot residence, incorporating Louis XV and Louis XVI influences to create a home that pays stylistic tribute to those time-honored tradi

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Canadian Real Estate To Cool Later This Year, “No Urgency” For Measures: Scotiabank

Better Dwelling

One of Canada’s largest banks isn’t joining its peers in a call for housing cooling measures. Scotiabank Chief Economist Jean-François Perrault thinks the country should take a wait-and-see approach. The bank is warning a hasty decision could unfairly penalize existing homeowners. They suggest Canada wait it out, because rising inventory may solve the issue in […].

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7 Ways Shopping for Real Estate Is Like Applying To College

Lighter Side of Real Estate

Applying to college can be a nerve wracking experience, no matter how hard you worked or how good your grades are. There are lots of things to consider, and lots of confusing paperwork that takes time to wade through — and that’s before you’re faced with the prospect of sitting on pins and needles for months while waiting to hear whether or not you got accepted.

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Mortgage and refinance rates today, April 6, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates just inched lower yesterday. That surprised me because it looked that morning as if a small rise was more likely. But these […].

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Berkshire Hathaway HomeServices to Bridge the ‘Real Estate Loyalty Gap’

RIS Media

A Real Estate Loyalty Gap exists, according to Chris Stuart, CEO of Berkshire Hathaway HomeServices. He coined the term, which defines the 78% difference between the 91% of buyers who said they would utilize the same real estate agent again and the 13% who actually have—a statistic released by the National Association of REALTORS® in their Profile of Home Buyers and Sellers report.

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Developer Seeks Rezoning for Massive 14-Story Building at Bed Stuy Nursing Home Site

Brownstoner

Renderings included in a Department of City Planning review session Monday show what’s in store for a block-long development in Bed Stuy. Located at 270 Nostrand Avenue, the large site fronts Nostrand, Dekalb Avenue and Koscuiszko Street, and stands across the street from Home Depot. The developer, BRP Companies, is requesting… Read More > The post Developer Seeks Rezoning for Massive 14-Story Building at Bed Stuy Nursing Home Site appeared first on Brownstoner.

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Construction Job Openings Fall Back in February

Eye on Housing

Job openings in construction declined in February to 266,000 unfilled positions, according to data from the BLS Job Openings and Labor Turnover Survey (JOLTS). Hiring appeared to gain steam in February, although this was perhaps just statistical noise for the monthly data. However, March payroll employment numbers indicate strength ahead for the JOLTS construction data.

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Meet the Real Estate Tech Entrepreneur: Saurabh Bajaj from Swiftlane

GeekEstate

This week, we interviewed Saurabh Bajaj from Swiftlane. Without further ado… Who are you and what do you do? My name is Saurabh Bajaj, and I’m the founder and CEO of Swiftlane. Swiftlane is a touchless access company that uses face recognition and mobile credentials for secure access to buildings. My background is in software engineering and machine learning.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Americans Think It’s Better to Invest in Housing Than the Stock Market—Here’s Why

Realtor.com

Getty Images Which is the better investment, owning a home or owning stocks? If you ask most Americans, chances are they prefer the former. A n ew study from the Federal Reserve Bank of New York examined consumer preferences toward being a homeowner and how their attitudes have changed over the course of the COVID-19 pandemic. Survey participants were asked to rate which was the better investment — a home or financial assets such as a stocks — and what factors contributed to their choice.

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United Real Estate Ranks 8th Largest in Nation

RIS Media

United® Real Estate’s company-owned operations have recently been recognized as the eighth largest residential real estate brokerage in the nation ranked by number of transactions. The 2021 RISMedia Power Broker Report compares the nation’s top 1,000 real estate companies, ranked by number of residential transactions and residential sales volume.

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Thrifty Staging Secrets

American Lifestyle

The post Thrifty Staging Secrets appeared first on American Lifestyle Magazine.

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Janice Konkol of First Team Real Estate Sells $3 Million Irvine Home, 6.8% Over List Price

First Team Real Estate

IRVINE, CA – Janice Konkol —one of Orange County’s most sought-after real estate professionals—recently closed the sale of a stunningly remodeled single-family in Turtle Rock Crest, featuring city light views from the Pacific Ocean to Mount Baldy. Originally listed for sale at $2.8 million, the property at 2 Kepler, Irvine received four offers within just 48 hours, selling for 6.8% over the list price at $3 million.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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The Best Items for Your Dollar Store DIY List

American Lifestyle

The post The Best Items for Your Dollar Store DIY List appeared first on American Lifestyle Magazine.

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4 Home Features That Need to Be in Top Condition to Fight the Summer Heat

RISMedia

By Anita Ginsburg If hot weather is just around the corner in your area, you need to be sure that your home is ready for the summer heat. With these simple upgrades and repairs, you'll have peace of mind knowing that your home will remain cool and comfortable no matter what the weather is like […]. The post 4 Home Features That Need to Be in Top Condition to Fight the Summer Heat appeared first on RISMedia's Housecall.

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Celebrate National Beer Day at These 6 Breweries

American Lifestyle

The post Celebrate National Beer Day at These 6 Breweries appeared first on American Lifestyle Magazine.

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Outdoor Music Friday and Saturday Nights: Palm Beach Gardens

Waterfront Properties

Downtown Palm Beach Gardens hosts a free weekly outdoor concert every Friday and Saturday night. The concert series features a diverse lineup of local and regional bands playing jazz, rock, pop, country, and everything in between. The free concerts begin at 6 pm and take place in the Center Court of the outdoor lifestyle and shopping center. Friday and Saturday Night Concert Series: Friday, April 9th: Big City Dogs Saturday, April 10th: Samantha Russell Band Friday, April 16th: Shadow Creek Satu

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Motto Mortgage President Releases Fair Housing Statement

RIS Media

On the first day of Fair Housing Month, Motto Mortgage, a subsidiary of RE/MAX Holdings, Inc., released a statement on the brand’s commitment to advance homeownership fairness with its “One Motto, One Vision” education campaign. “As the first national mortgage brokerage franchise in the United States, Motto Franchising, LLC is positioned to lead positive change across the mortgage industry.

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Applications to Serve on Brooklyn’s Community Boards Surge as Virtual Meetings Continue

Brownstoner

More people applied to serve on Brooklyn’s community boards in 2021 than in any year since at least 2017, with some boards seeing up to a 58 percent jump in applications when compared to 2020. The borough’s 18 community boards — which issue recommendations on hyperlocal issues such as transportation, education… Read More > The post Applications to Serve on Brooklyn’s Community Boards Surge as Virtual Meetings Continue appeared first on Brownstoner.

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HGAR, OneKey™ MLS Adds New Members

RIS Media

The Hudson Gateway Association of REALTORS®, Inc. (HGAR) and OneKey MLS, the New York metro area’s first regional multiple listing service, recently announced a slate of new members that are leveraging the MLS’ reach and data to service clients from Montauk to Manhattan, to the Lower Hudson Valley and the Catskill Mountains. The following New York City-based companies have joined HGAR, giving them access to OneKey MLS: Triplemint, R New York and Berkshire Hathaway HomeServices.

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