Wed.Oct 05, 2022

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12 Creative ways to sell your listings faster without a price reduction

Real Trends

Your mission is to make your listings stand out amongst the competition. Why would a buyer choose your listing versus the one that’s for sale down the street? Why would a buyer’s agent choose yours to show today when there are five other choices? Why buy your listing when there’s new construction with builder incentives? But, the market has changed and buyer concessions are becoming a thing.

MLS 99
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Mortgage demand hits lowest level since 1997

Housing Wire

Mortgage applications for the week ending Sept. 30 decreased 14.2% from the prior week , according to the latest survey from the Mortgage Bankers Association. On an unadjusted basis, the mortgage composite index decreased 14% compared with the previous week. The refinance index decreased 18% from the previous week and was 86% lower than the same week one year ago.

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The Long-Term Benefit of Homeownership

Keeping Current Matters

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year?

Mortgages 237
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loanDepot suspends 401(k) match for employees while boosting exec pay

Housing Wire

In an email sent on Tuesday, loanDepot CEO Frank Martell reminded staffers that in times like these, there are “no easy answers.” “We must deal with the realities of our market, face the future with determination, and focus on our strengths while addressing our challenges as a team,” he wrote. To that end, Martell detailed the lender’s progress on its “Vision 2025” plan to “address market-driven realities” and a “longer-term vision that

Mortgages 382
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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Prices Dropped 22% In One Month?

BubbleInfo

Last month, the 92009 median sales price declined 14.8% YoY, and was -22% MONTH-OVER-MONTH. Keyboard warriors everywhere will be jumping all over news like this. What really happened? The facts: Last month, there were 52% fewer sales than in September, 2021. The homes that sold last month were 13% smaller than in August. The average […].

Sales 119
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Remote online notarizations are a game-changer, title industry experts say

Housing Wire

The U.S. House of Representatives passed a bill in late July creating federal minimum standards, which would allow notaries nationwide to perform remote online notarizations (RON). Title industry experts say it would be a game-changer for the mortgage space, but they expect some resistance. “Actually, I feel remote online notarizations could streamline the process for larger entities, hedge funds and investor builders,” said Rachel Luna, agency development manager at Patriot Title Co

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More Trending

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ATTOM integrates NMLS data into platform

Housing Wire

ATTOM, a curator of real estate land and property data, on Wednesday announced that its platform has integrated loan originator data from the Nationwide Multistate Licensing System & Registry (NMLS). The company ‘s property platform will now be able to provide local and national insights into the mortgage lending industry for customers. Through the NMLS licensing system, ATTOM customers can verify information on lenders they are working with through their unique identification numbers.

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10 Ways for Beginners NOT to Lose Money on Real Estate Deals

Realty Biz

When it comes to real estate investing, do not become emotionally involved in a deal. You want to have a checklist that thoroughly goes through all contingencies to build your confidence that the deal will perform as you anticipate it will. Here are 10 things you should consider for every real estate deal. Almost a third of property deals fall through at the last minute.

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The competitive advantage of eNote technology

Housing Wire

HousingWire recently spoke with Dominic Iannitti, president and CEO of DocMagic, about eNote adoption. HousingWire: Where does the industry stand in terms of digital adoption, and more specifically the adoption of eNotes? Dominic Iannitti: Many lenders were considering, or at least researching, digital implementations when the pandemic hit, putting industry adoption on the fast track.

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Real Estate Copywriting Rules to Outsell the Competition

Agent Fire

In today's market, great real estate copywriting can outsell your competition. Discover how to turn your listings and landing pages into conversion machines with this advice. Real Estate Copywriting Rules to Outsell the Competition is just one of many great real estate strategies on The Spark.

Land 98
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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September TRREB Stats: Wake Me Up When September Ends

Toronto Realty Blog

TorontoRealtyBlog. Are you just a Toronto Realty Blog reader, or do you watch Pick5 as well? If you think I’m insane from simply reading the blog posts, I assure you, to quote BTO, “You ain’t seen nothin’ yet…” Pick5 is a completely unscripted half-hour segment where I choose five properties in the city of Toronto, perhaps based on geography, property type, or price, and I review the properties while not pulling any punches.

Agents 95
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What is The Size of a Tiny House?

Realty Biz

Have you heard of tiny homes and are wondering if you could live in one? With the growing popularity of tiny homes , it’s important to know how many square feet are in a tiny home. Not only is this important for determining whether a tiny home is the right fit for you, but it’s also essential for understanding the square footage in a tiny home. One of the biggest concerns with those who are considering a tiny home is the square footage.

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If You Fear You Missed Out on the Low Mortgage Rates, Here Are Reasons to Be Glad You Did

Lighter Side of Real Estate

Some people feel like they missed the opportunity of a lifetime to buy a house when rates were really low over the past couple of years. And with mortgage rates now in the 6-7% range, many buyers feel punished for waiting and regret not buying sooner. Well, if you’ve been feeling that way, it may make you feel better to know that many people who did buy when rates were lower probably wish they could switch places with you.

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After Sale to Developer, Gravesend’s Historic Ryder-Van Cleef House Faces Demolition

Brownstoner

It is a bit of early Gravesend that has managed to survive the centuries, but after its sale this summer and the filing for a demolition permit, the time remaining for the Ryder-Van Cleef house may be short. Built circa 1840 by builder and carpenter Lawrence Ryder, the house is… Read More > The post After Sale to Developer, Gravesend’s Historic Ryder-Van Cleef House Faces Demolition appeared first on Brownstoner.

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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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Video of the Week: A Masterfully Designed Hilltop Estate in Newport Beach, California

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ????. Newport Beach, California | John Cain, Pacific Sotheby’s International Realty. Crystal Cove’s newest custom home is a masterfully designed hilltop estate prominently positioned on a private front row lot behind the community’s prestigious second gates. the stunning architecture is accentuated by the extra-wide corner lot.

Design 76
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HousingWire Names Coldwell Banker Real Estate CEO M. Ryan Gorman to 2022 Vanguards List

Coldwell Banker

Gorman is recognized for his exceptional leadership in the real estate industry and impact on the Gen Blue network. The post HousingWire Names Coldwell Banker Real Estate CEO M. Ryan Gorman to 2022 Vanguards List appeared first on Coldwell Banker Blue Matter.

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These 10 Markets Have Rising Commercial Vacancy Rates—Remote Work Is Hurting Investors

Bigger Pockets

Office closures during the COVID-19 pandemic made it clear that productivity continues to flourish in many white-collar industries, even when employees aren’t directly observed under the same roof. For many […].

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Daily Links: Broke Rent Relief Fund Holding Up Evictions Gets Fraction of Needed Fed Money

Brownstoner

In the News The Influential Group Helping Eric Adams Identify a Vision for New York [NYT] Shots Fired, Slashing Near Metrotech Complex in Downtown Brooklyn [amNY] Red Hook's Defonte’s Won’t Be Throwing a Party for Its 100th Birthday [BK Mag] Inside Brooklyn Museum’s Gut Reno of Asian and Islamic Galleries [BK Mag] Coney Island’s Luna… Read More > The post Daily Links: Broke Rent Relief Fund Holding Up Evictions Gets Fraction of Needed Fed Money appeared first on Brownstoner.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Will the “Silver Tsunami” Flood You with Cash Flow?

Bigger Pockets

Assisted living investing isn’t your typical type of rental property investing. When someone thinks “I want to get rich in real estate,” they’re often not considering setting up a home […].

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Will the Housing Market Crash in 2023?

Mashvisor

Analysts at Goldman Sachs say that the US housing market downturn will worsen in 2023. It begs the question, “Will the housing market crash?

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Play the Game or Get Played: Using Paternal Instincts to Close on 17 Units

Bigger Pockets

If you pay attention, you’ll notice there is a game being played. The sooner you realize this, the sooner you can play to win. The game of life has various […].

Closing 75
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Thanks to a Rainy, Blustery Day, the Annual Atlantic Antic Drew a Smaller Crowd Than Usual

Brownstoner

Despite it being one of Brooklyn’s biggest and most beloved street fairs, this year’s Atlantic Antic was more of a washout due to heavy rain. As organizers planned for the big weekend, they left it up to vendors and performers to decide whether or not they would still set up for… Read More > The post Thanks to a Rainy, Blustery Day, the Annual Atlantic Antic Drew a Smaller Crowd Than Usual appeared first on Brownstoner.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Muse

BubbleInfo

The The Will Of The People World Tour by Muse is underway, and will be in San Diego on April 10th. Donna said,”Oh that’s the Twilight band” Huh?

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Use These 7 Expert Tips for Staying Organized With Your New Roommates

Redfin

Living with roommates can be a lot of fun and save you money, but it can also get complicated quickly. One of the biggest challenges is keeping organized, no matter how big or small a shared home or apartment is. To avoid conflicts and needless stress, it’s essential to have a few key organizational hacks up your sleeve. Whether you’re moving into an apartment in Austin, TX , sharing a house in Seattle , or living in a college dorm room, this guide will keep your shared space clutter-free.

Design 61
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How to Price Your Home for Sale

Windemere Selling

It’s natural for sellers to want to get every step of the selling process right, but a successful home sale depends on an accurate listing price. Your agent will work closely with you to set the price, but in the meantime, you can use the following information to better understand what goes into this process. Understanding the Value of Your Home: Market Value vs.

Sales 52
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Experienced REALTOR® Makes RPR his “Go-To” for all Things Real Estate

Realtors Property Resource

Whether you’re a brand new agent or thirty year vet, RPR can help you build your skills and be your “go-to” resource to impress clients and win business. The post Experienced REALTOR® Makes RPR his “Go-To” for all Things Real Estate appeared first on Realtors Property Resource (RPR).

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Smart Intercom System for Apartments: 36 Features to Look For

Swiftlane

Chances are that you are looking for a new intercom system, and want to know more about the best smart intercom systems for apartments. In this blog post, we cover the top 36 features to look for in a smart intercom system. Click here if you want to see a comparison of modern apartment intercom […].

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What is a Gothic Style House? It’s Not all Dark Colors and Gargoyles

Redfin

When the word “gothic” comes to mind, you probably find yourself imagining a spooky home with dark-colored interior décor, and maybe a few gargoyles on the roof. But, it’s not all black furniture and Halloween-esque details year-round. Gothic architecture is full of history, with steeply pitched roofs, ornate details, pointed arch windows, and much more that has helped it last throughout the centuries.

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Sandra Thompson talks volatility, affordability challenges, appraisal bias and more

Housing Wire

FHFA Director Sandra Thompson. The U.S. housing market has faced periods of high interest rates, home price appreciation and lack of inventory before. But these forces all happening at once makes the current landscape especially volatile and challenging, according to Sandra Thompson, the Director of the Federal Housing Finance Agency. “If you put things in perspective, we have dealt with high interest rates, we have dealt with increasing home prices, and we’ve also been dealing with supply

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6 Best Real Estate Schools in Colorado for 2022

The Close

If you’re looking for the best real estate schools in Colorado, we’re here to help. There is no single “best” real estate school because there are so many different variables. As a real estate broker in Colorado for 26 years, I’ll help you find the right Colorado real estate school to fit your needs. To narrow your search, we chose our six favorite real estate schools in Colorado based on course formats, pass rates, pricing, package features, and so much more.

As-is 101
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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.