Tue.Sep 06, 2022

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3 Out-of-the-Box Ways to Generate Referrals

McKissock Real Estate

When it comes to making money as a real estate agent, obtaining referrals can be one of the most profitable parts of your job. Mastering the art of nurturing previous client relationships is crucial to obtaining referral business and long-term success in the real estate industry; however, many agents aren’t taking advantage of prime referral-generating time: the weekend.

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The role of consumer transaction data in increasing homeownership access

Housing Wire

Over the past year, the Federal Housing Finance Agency (FHFA) and government-sponsored entities (GSEs) Fannie Mae and Freddie Mac have committed to exploring innovative ways to expand homeownership access safely and securely. This charge couldn’t come at a better time. The racial homeownership gap between Black and white Americans is wider than it was in 1960, and a combination of higher mortgage interest rates, rising home prices and an antiquated model for evaluating consumers’ ability to repa

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How Owning a Home Builds Your Net Worth

Keeping Current Matters

Owning a home is a major financial milestone and an achievement to take pride in.

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Citi trims mortgage workforce amid reorganization

Housing Wire

Depository bank Citi has trimmed staffing levels in its mortgage business, following surging rates and a reorganization of its operations. . “Citi has made a small number of staffing reductions within our mortgage team due to internal streamlining of functions,” a spokesperson said in a statement. Bloomberg News first reported on the layoffs and reported that fewer than 100 jobs were cut. .

Mortgages 397
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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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Homebuilders now targeting low-density, low-cost metros

Real Trends

Since the onset of the COVID-19 pandemic, homebuilders have shifted from high-density, high-cost areas to lower density and lower cost areas, according to the National Association of Home Builders second quarter 2022 Home Building Geography Index (HBGI) report released Tuesday. The index shows that the market share for single-family home building in large metro core areas and inner suburbs has fallen from 44.5% in the fourth quarter of 2019 to 41.6% in the second quarter of 2022.

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Rick Webster to speak at HW Annual Oct. 3

Housing Wire

Marketing is a quickly evolving field, especially in the housing market. “The Future of Marketing” panel, which includes Rick Webster, chief marketing officer at Lender Price , will take a deep dive into industry trends and the marketing advancements that everyone can look forward to. Below, Webster talks with HousingWire to share his excitement for HW Annual, and some of the topics he expects to learn more about at the Marketing Leaders Success Summit.

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Shift for Homes Built in Low-Density and Low-Cost Markets Since the Pandemic

Eye on Housing

The most recent Home Building Geography Index (HBGI) shows that home building activities have shifted to low-density and low-cost markets since the beginning of the COVID-19 pandemic. The market share for single-family constructions in large metro core and inner suburbs has declined from 44.5% to 41.6% from the 4th quarter of 2019 (pre-COVID), to the 2nd quarter of 2022.

Marketing 124
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A Seller’s Guide to Finding a Top-Notch Short Sales Realtor®

HomeLight

It’s understandable for homeowners who are faced with the stark realization that they may have to sell their homes for less than they owe on their mortgage to be worried. Because, there’s a lot of uncertainty surrounding a short sale, a homeowner might reach out to the real estate agent who originally sold them their home. But that may not be the best choice because even if the whole experience was positive, you’re not going to get the same help that a short sales Realtor® can provide.

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Tech Startup Reali Hits the Deadpool Running

Realty Biz

News that tech startup Reali is shutting down is the latest gut punch to the industry because of the economic downturn. After receiving over $290 million in investment since 2016, the one-stop fintech company is winding down. In a press release from the firm, co-founder and company chairman Amit Haller blamed the challenging real estate and financial markets for his company’s failure.

Investor 101
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Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Park Slope, Bed Stuy, Prospect Lefferts Gardens and Boerum Hill. How did they fare? This parlor-floor two-bedroom may not be quite as vast as it appears in the photos, but it has… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

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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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How to Create an Effective Real Estate Listing

Realty Biz

Working as a real estate professional means wearing a dozen different hats, and often all of them at once. However, the trick isn’t always to work harder – it’s to work smarter. This applies to creating effective real estate listings that attract the perfect buyer for that property. Whether you’re in need of tips in creating Greenfield Park real estate listings, Marana commercial real estate listings, South Congress Austin real estate listings, or any other local location, this short guide will

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Celebration and Dance Fill Crown Heights Streets for Return of West Indian Day Parade (Photos)

Brownstoner

The West Indian American Day Parade came thundering back Labor Day with the resounding beat of drums and dancing in Brooklyn on Monday to celebrate Caribbean culture. For the first time since the Covid-19 pandemic, the festivities returned to full capacity from Flatbush Avenue and Grand Army Plaza to Eastern Parkway… Read More > The post Celebration and Dance Fill Crown Heights Streets for Return of West Indian Day Parade (Photos) appeared first on Brownstoner.

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Why Real Estate CRM is Great for Your Real Estate Business

Realty Biz

No matter what type of real estate professional you may be, you need to use the right tools for the job to keep your business running smoothly. This is true for brokers, investors, and real estate agents alike – no matter how you interact with the field of real estate, time-saving, productivity-increasing tools that streamline your business and enhance your customer relationships are invaluable.

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Daily Links: City Mulls Bringing Ferry to Coney Island Tourist Area

Brownstoner

In the News What Urban Planners Can Learn From This Idealistic Gowanus Coffee Shop [NYT] How the Editor in Chief of Elle Decor Spends His Sundays [NYT] Steeplechase Pier Eyed for Possible Coney Island Ferry Site [NYP] NYC’s Sheriff’s Office Gets Rid of ‘Ghost Cars’ Across Brooklyn [amNY] School Year Starts With Loosened Covid-19 Rules,… Read More > The post Daily Links: City Mulls Bringing Ferry to Coney Island Tourist Area appeared first on Brownstoner.

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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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How to Know When a Recession Has Started

Realty Biz

At the end of August, the government updated its economic numbers for the U.S. economy’s performance in the April-June quarter. The update confirmed what it had reported last month: That the economy shrank for two straight quarters. Six months of economic contraction is a widely held but informal definition of a recession. The post-pandemic era very well may be rewriting the definition of a recession.

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7 Cities Near Fort Lauderdale to Buy or Rent in this Year

Redfin

Whether you’re a beach bum, a shopaholic, or just looking for a place to relax, Fort Lauderdale is a great city to call home. If you do live in Fort Lauderdale, you might as well call it the Venice of America. This city earned its nickname from the 165 miles of navigable canals that make it possible to get around by boat. . Despite everything Fort Lauderdale offers, every city has its quirks and flaws.

Sales 66
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Ask Brian: Can I fight My Homeowner’s Association?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Carter in OK: Hi Brian, I bought my home 14 months ago. This is the first home that I’ve owned a home that is part of a Home Owner’s Association.

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8 Cities Near Sacramento to Buy or Rent in this Year

Redfin

Known for being the capital city of California, Sacramento is growing rapidly and offers some of the most affordable living in the state. The city offers residents a laid-back atmosphere, a booming economy, amazing food, a growing art scene, and plenty of things to do. That said, living in Sacramento isn’t for everyone. Luckily, there are numerous cities near Sacramento that may meet your budget and needs while keeping you within commuting distance. .

Sales 66
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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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How to Buy Short Term Rental Properties for Sale and Earn a Good ROI

Mashvisor

Short term rentals are in demand. So, investors are buying short term rental properties for sale because of the thriving vacation rental market.

Sales 66
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Building up your network without losing your mind

The American Genius for Real Estate

Knowing how to build a solid network is growing more and more crucial. Learning how to do it from scratch can be daunting but it is possible.

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Impact from Foreign Buyers

BubbleInfo

People have wondered if the foreign buyers will have an impact on how this turns out. But that segment of the buyer pool isn’t what it used to be, according to a recent report by NAR: [link] We’re #2 in America, and about the same price-per-square-meter as Copenhagen!

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5 customer service mottos to live by

The American Genius for Real Estate

Some small steps that business owners take in order to show customers appreciation, loyalty, and service that turns into business success.

Sales 59
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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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New Agent Maps out a Promising Future With an Assist From RPR

Realtors Property Resource

A new agent discovers the power of RPR Maps and how the platform allows her to focus on her clients’ best interests. The post New Agent Maps out a Promising Future With an Assist From RPR appeared first on Realtors Property Resource (RPR).

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Buying Down Your Interest Rate Temporary vs Permanent with Dave Bryce

Mandrona Group

Can the strategy of buying your interest rate down benefit you and your home buying journey? What is the difference. Read More.

Finance 52
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6 Keys: Buying Properties that Cater to Tourists

Louisville Homes

Real estate remains one of the strongest investments out there. If you want to purchase real estate for your portfolio, you’ll want one that’s attractive to renters. These properties tend to have a higher return on investment. Plus, there is less competition than traditional rental properties. When you’re targeting properties that cater to tourists, what do you look for?

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Zillow Local Appreciation Forecast

BubbleInfo

Zillow has recalibrated and is predicting a fairly flat 12 months ahead. Here are the zip codes I’ve received so far, all ranging between +1.5% and 1.9% appreciation over the next 12 months – the rest of the local zip codes should be similar: SE Carlsbad SW Carlsbad Carmel Valley Del Mar La Jolla.

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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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RPR app: How do I create a report?

Realtors Property Resource

See how easy it is to create a report using the RPR Mobile™ app! The post RPR app: How do I create a report? appeared first on Realtors Property Resource (RPR).

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Top Ten: Discussion Points For The Fall Market!

Toronto Realty Blog

TorontoRealtyBlog. What’s the difference between a 7-day vacation and a 14-day vacation? Duh. About seven days! But seriously, what’s the difference? The first one is too short and the second one is too long. My wife and I both agreed, back in 2013, that a mere one week Honeymoon in the Bahamas would be too short, and that’s why we decided to stay for a full two weeks.

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The creepy story of the Winchester House, America’s most famous haunted mansion

Fancy Pants Homes

As far as notoriously haunted mansions go, the Winchester Mystery House is the uncontested leader. Located in San Jose, California, the Queen Anne-style Victorian mansion is known for its size, unique architecture, and utter lack of any master building plan. So why is this magnificent mansion known as one of the creepiest houses in the country? And who owns it?

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Appoint a digital executor to handle your digital data after death

The American Genius for Real Estate

Some may things of including only tangible items and investments in a will, but designating a digital executor is crucial for online data.

Design 72
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.