The Close

DECEMBER 9, 2022

Real estate negotiation sounds easy on paper, but in practice even small mistakes can sink deals. You need to understand psychology, strategy, and a shifting market to get the best outcome for your clients. Not easy! That’s why we decided to update this guide to real estate negotiation. In this update, we worked with industry luminary Ryan Serhant and top agents from Douglas Elliman to add in their best negotiation strategies for 2023.

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Purchase and sale agreement Inspection Agents Closing 122

Housing Wire

DECEMBER 9, 2022

Margin compression, higher mortgage rates, and a purchase-focused market are dictating more sales process control among loan officers and fewer layers of bureaucracy in retail lenders. This change will create a disruption from the cookie-cutter, non-personalized model, Brian Covey, former vice president of regional production at loanDepot , who took on an executive vice president position at a boutique lender Revolution Mortgage , said.

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Mortgages Loan Officer Loans Industrial 407

Better Dwelling

DECEMBER 9, 2022

Canada’s bank regulator is quietly asking the country’s largest banks to put aside a lot more rainy day cash. OSFI, Canada’s bank regulator, increased the domestic stability buffer (DSB) on Thursday. The move would see its Big Six financial institutions set aside significantly more capital for a risk-related event. The move will lower the need […].

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Banks Mortgages 132

Housing Wire

DECEMBER 9, 2022

With only three weeks until 2023 arrives, housing industry executives are adjusting their operations to face what is expected to be another challenging year. . The Federal Reserve will continue its fight to tame inflation — with its seventh consecutive interest rate hike expected from its December 13 and 14 meeting — despite looming concerns of a prolonged recession.

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Industrial Residential Investor Mortgages 395

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Agents

Better Dwelling

DECEMBER 9, 2022

A global real estate bubble was brewing, and regulators are only now catching onto why it’s an issue. This week notes from the General Board of the European Systemic Risk Board (ESRB) annual meeting were released. The notes reveal members are concerned that inflated home prices present a systemic risk to the EU economy. Steep […]. The post EU Watchdog Warns of Real Estate Risk, Up To 90% Overvalued appeared first on Better Dwelling.

Mortgages 124

Mortgages 124

Housing Wire

DECEMBER 9, 2022

Minneapolis-based U.S. Bank has decided to close the wholesale mortgage businesses it inherited in the acquisition of California-based MUFG Union Bank , the company confirmed on Friday. . “This is a business that U.S. Bank exited a few years ago to focus on customer relationships in core lending categories,” a spokesperson for U.S. Bank wrote in a statement to HousingWire.

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Banks Lending Finance Mortgages 383

Sotheby's International Real Estate

DECEMBER 9, 2022

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Crawford, Colorado | LIV Sotheby’s International Realty. The property, called Mad Dog Ranch, takes inspiration from English Tudor–style estates. This 316-Acre Colorado Ranch Once Owned by Late Rocker Joe Cocker Just Listed for $18 Million – Robb Report.

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Design Sales Marketing 108

Jason Fox

DECEMBER 9, 2022

A Real Estate YouTube Channel: Why and How To Get Started. So you’ve got your website up and running, you’re regularly posting on social media and you’ve even got a blog consisting of real estate-related articles — what’s missing? Video marketing is booming and it is only expected to increase in 2023. In 2022 the average viewer clocked a full 19 hours on online video each week.

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Marketing 105

Realty Biz

DECEMBER 9, 2022

Mexico is famous for its cuisine, culture, and tourist attractions. The country also has excellent real estate investment opportunities many do not know about. In Mexico, the real estate industry is rapidly expanding and developing. Mexican real estate investment offers beneficial deals and future revenue returns. The property taxes in Mexico are negligible, and US dollar holders retain significant purchasing power.

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Land Banks Residential Development 109

Brownstoner

DECEMBER 9, 2022

Our picks for open houses to check out this weekend are found in Crown Heights, Bay Ridge and Marine Park. They range in price from $745,000 to $4.999 million. In the Crown Heights North II Historic District, this 1890s Colonial Revival standalone townhouse has the evidence of some of its historic… Read More > The post A Crown Heights Colonial Revival and Two More to See This Weekend, Starting at $745K appeared first on Brownstoner.

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Marketing 104

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

Eye on Housing

DECEMBER 9, 2022

The prices of building materials decreased 0.3% in November (not seasonally adjusted) following 0.5% and 0.1% declines in September and October, respectively, according to the latest Producer Price Index (PPI) report. The index has decreased five of six months for the first time since 2015. The PPI for goods inputs to residential construction, including energy, fell 0.8% in November.

Construction 101

Construction Residential 101

Real Trends

DECEMBER 9, 2022

A recent paper from the Federal Reserve Bank of Kansas City suggests a coming boom in new housing construction. Stemming in part from the shift to hybrid workforces , builders nationwide may start investing in suburban areas that were once considered too distant from city offices for commuters. Given the prevailing national housing shortage – in the neighborhood of 3.8 million homes as estimated in 2020 – and lack of affordability exacerbated by rising interest rates , this is a possibility that

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Construction New Construction Land Banks 99

Realtor.com

DECEMBER 9, 2022

Photo-Illustration by Realtor.com; Photos: Getty Images (3) More than 4 in 10 renting households are “burdened” by how much they’re paying in rent each month. These tenants are putting more than 30% of their income toward housing costs, according to a new housing data report from the U.S. Census Bureau. The general rule is that people shouldn’t spend more than 30% of their earnings, before taxes, on housing.

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Brownstoner

DECEMBER 9, 2022

Whether searching for those on your gift-giving list or looking for something to inspire your own endeavors, there are some new books from Brooklyn authors filled with photos, projects and tips to provide some creative inspiration. From crafting a thoughtful interior to nurturing an indoor garden, we've rounded up four… Read More > The post Spark Some Creativity With Your Gift Giving With These 4 Books From Brooklyn Authors appeared first on Brownstoner.

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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

Realtor.com

DECEMBER 9, 2022

Realtor.com December might be the merriest month, but it can also be the most stressful. You have all the hustle and bustle of the holidays, plus the pressure of trying to get everything done by the end of the year. Doesn’t your own private island sound ideal right now? An intimate place where you can kick back around the seaside fire pit, throw a line in the water, catch a fish, and be free from the stresses and strains of everyday life.

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As-is Marketing 89

Brownstoner

DECEMBER 9, 2022

In the News Advocates for Mentally Ill New Yorkers Ask Court to Halt Removal Plan [NYT] NYC Sets Housing 'Moonshot' of 500K New Homes in Next Decade: Mayor [Patch] Council Bill Hopes to Curb Excessive Filming in Greenpoint [Greenpointers] Everything’s Coming Up Roses for Bed Stuy Gardener John Cook [BK Reader] The Crumbling Crown Heights… Read More > The post Daily Links: Mayor Aims to Add Half a Million New Homes by Relaxing Construction Rules appeared first on Brownstoner.

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Construction 88

McKissock

DECEMBER 9, 2022

Interested in appraising green homes? If you want to become a specialist in this growing appraisal niche, an important step is to make sure you understand the prevalence of green homes in the global and local real estate markets. You can gain technical knowledge by researching and reading architectural, marketing, and building articles, as well as technical papers about green homes.

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Marketing Residential MLS Construction 83

Real Trends

DECEMBER 9, 2022

I can’t tell you how excited I am to be President of the Asian Real Estate Association of America (AREAA). We recently shared the findings of AREAA’s AAPI Opportunity Index at our AREAA Unplugged event that shows the growth and how “homebuyer ready” the AAPI (Asian American Pacific Islander) community is. The report also highlights a concern. Why does the financially secure AAPI community have a homeownership rate of only 61% compared to 74% for non-Hispanic whites?

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Due diligence Brokerage Loans Agents 82

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

Realtor.com

DECEMBER 9, 2022

Realtor.com If ever there was a perfect bachelor pad, this tiny ranch house in Ferndale, MI, would take the cake. The shocking design grabbed the most views this week. With just 972 square feet of space, the unusually designed home is this week’s most popular listing on Realtor.com®. It features two waterless urinals in the kitchen and a beer tap above a throne-style toilet in the bathroom.

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Design Construction Renovation As-is 77

Toronto Realty Blog

DECEMBER 9, 2022

TorontoRealtyBlog. Another year is almost in the books! Hard to imagine, right? It seems, quite literally, like I was just writing a three-part blog series with “Burning Questions For 2022.” And now here we sit, about to enter the last throes of the 2022 real estate market before it completely dies out before Christmas. As tradition goes, I usually dump every remaining “MLS Musing” into one post at the end of the year, and the readers have been quite active of late sendi

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MLS As-is Design Closing 76

Realtor.com

DECEMBER 9, 2022

Getty Images / Realtor.com Entrepreneur Jim Clark has been busy with high-end Florida real estate deals this year. After selling his sprawling Manalapan estate for $173 million in a record-setting deal in June, the tech billionaire bought a more modest mansion in Wellington for $12 million in September. Clark began building his fortune decades ago as the founder of Netscape, WebMD, and Silicon Graphics.

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Sales As-is Closing Marketing 73

Bigger Pockets

DECEMBER 9, 2022

Foreclosures have slowly been creeping up as real estate values get hit hard. With home prices dropping and a tough economic forecast ahead, could a wave of foreclosures be on […].

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Marketing 78

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

Realtor.com

DECEMBER 9, 2022

Getty Images / Realtor.com Michelle Kwan is spinning in a new direction. The retired figure skater is now the U.S. ambassador to Belize. Kwan has listed her three-bedroom, 2.5-bath home in Los Angeles for $2,899,000. Kwan was a nine-time U.S. champion and five-time world champion. She won the hearts of many fans as she competed in two Olympics, earning silver and bronze.

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As-is 73

RISMedia

DECEMBER 9, 2022

By Emma Sturgis Whether you’re planning to sell your home or just want to increase its value, replacing your roof can be the perfect investment. As one of the most important parts of a home, a roof replacement will not only make your house look nicer and newer, it can also add monetary value that […]. The post How a Roof Replacement Can Add Value to Your Home appeared first on RISMedia's Housecall.

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Industrial 93

The American Genius for Real Estate

DECEMBER 9, 2022

Self-doubt and anxiety are rough but you don't have to wallow in them. Let's talk about where to start when you're having these feelings.Self-doubt and anxiety are rough but you don't have to wallow in them. Let's talk about where to start when you're having these feelings.

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RISMedia

DECEMBER 9, 2022

By Rachelle Wilber Tankless water heaters are becoming increasingly popular because they are a more efficient way to heat water. However, they must be properly taken care of to extend their lives. Here are four ways to help your tankless water heater last longer. Keep It Clean Cleanliness is essential if you want to extend […]. The post 4 Ways to Extend the Life of Your Tankless Water Heater appeared first on RISMedia's Housecall.

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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

Realtor.com

DECEMBER 9, 2022

HGTV Christina Hall has changed—a lot—since many of us last saw her on TV. For one, she’s changed her last name from Haack to Hall so she can better match up with her new husband, Josh Hall. She’s also changed her town of residence from Newport to Dana Point , CA. Yet amid all of these changes, this ever-evolving designer has managed to stick with her show “ Christina on the Coast ,” which has just premiered Season 5.

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Design Title Branding As-is 61

Lighter Side of Real Estate

DECEMBER 9, 2022

Statistically speaking, the majority of real estate agents don’t make it beyond a couple of years, so don’t feel bad if you’re thinking about giving up being a full-time agent. But no matter how long you lasted, how much business you did, or why you’re moving on, the last thing you want to do is let your license lapse! It took time and effort to get your license in the first place, so you should at least maintain it just in case you decide to do a little business here and there, or want to come

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Agents Inspection Marketing As-is 61

BubbleInfo

DECEMBER 9, 2022

Realtor.com is forecasting that the San Diego-Carlsbad metro area will have prices dropping 27% in 2023, but also conclude that fewer sales (-23.7%) will make our area more affordable. They combine the two and call it +3.6% combined growth. They base their forecast on the lack of affordability, which ignores how many, if not most, […].

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Sales Marketing 59

1000Watt

DECEMBER 9, 2022

Early this year, I wrote a piece titled The monster under the bed , in which I observed that the industry was largely unprepared for the fallout the building legal and regulatory pressure on buy-side commissions might bring. . In August, I was onstage at Inman Las Vegas, where I stated that should structural change befall us, it would bring about not a real estate apocalypse, as some had characterized it, but rather a “happy reckoning.”.

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Title Industrial Agents As-is 52

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.

Sales