Tue.Oct 11, 2022

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What Are Experts Saying About the Fall Housing Market?

Keeping Current Matters

The housing market is rapidly changing from the peak frenzy it saw over the past two years.

Marketing 218
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Lenders One opens first branch inside a Walmart

Housing Wire

The first Walmart -based in-store branch from retail mortgage cooperative Lenders One opened this week in Newton, New Jersey. And two additional mortgage branches are expected to open in Walmarts in New Jersey and Florida within the next 30 days. Family First Funding , a Toms River, New Jersey-based retail lender, opened a branch in the Walmart in Newton on Monday, Lenders One said in a statement.

Banks 381
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Residential Building Wage Growth Slowing

Eye on Housing

Average hourly earnings for residential building workers* continue to rise in August but at a slower pace. Wage growth has retreated from the highest rate of 2021. The recent housing slowdown indicates that, while labor demand is still high, employers are cautious about hiring amid a slowing economy and rising interest rates. According to the Bureau of Labor Statistics (BLS).

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Crypto outfit Moon Mortgage raises $3.5M seed round

Housing Wire

Moon Mortgage, a crypto-backed mortgage provider, on Tuesday announced raising a $3.5 million seed round, led primarily by Cadenza Ventures and CoinFund. The funds will be utilized to finance its lending product, CryptoMortgage. Moon Mortgage’s CryptoMortgages will allow investors to take out loans against their digital assets. The product also takes the investors’ digital assets as collateral and gives 100% financing for investment properties.

Mortgages 381
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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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The Watcher house is real, but it’s not the one you see in the Netflix series

Fancy Pants Homes

Ryan Murphy is at it again. The man that brought us spine-chilling series like American Horror Story: Murder House , American Horror Story: Coven , and Scream Queens is back with a new terrifying tale. But this one takes him back to his journalistic roots. For those less familiar with the director’s past achievements, Murphy began his career as a journalist for several major newspapers, penning articles for high-profile local publications like The Miami Herald, Los Angeles Times, New York

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More Trending

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How solid wood floors help cultivate a luxury vibe in your home

Fancy Pants Homes

Do you want your home to feel luxurious and stylish from the second you walk in? If this is your type of vibe, you will need to style your home so that everyone else can feel this too. We are talking about having powerful and grand décor, as well as lavish furnishings. In particular, you will need to pay attention to the flooring you have. This is something that will dominate the room, and with the right choice, you can really create a luxurious vibe.

Design 110
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Yikes! Rate lock volume is down 60%, and it’s getting worse

Housing Wire

As mortgage rates rose more than 90 basis points to finish September at 6.72%, overall rate lock volumes predictably fell sharply – down 10% from August and almost 60% off levels from 2021. Falling rate lock dollar volume was driven by a 26.2% drop in cash-out refinance locks in September from the previous month, which is now down 78% from the same period in 2021, according to Black Knight ’s originations market monitor report.

Lending 381
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Horrifying Home-Decor Trends

BubbleInfo

Every year, there are new and evolving home design fads that should “scare” you to death. Last year, there were moss-covered accent walls (gasp!), acrylic furniture (shriek!) and Tuscan-style kitchens (yelp!). This year, it’s the “cloffice”—a pandemic-era closet-turned-office—and many others. With Halloween around the corner, Styled Staged & Sold presents its annual countdown of the top […].

Staging 105
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Reinventing lead generation with the Qualified Borrower program

Housing Wire

The mortgage industry needs to face the facts: today’s approach to lead generation is broken. For decades, mortgage lenders have relied on purchased lead lists to ferry in loan revenue. Unfortunately, purchased leads are expensive, and their lofty price tag does not guarantee they will convert to closed loans. Lenders can shell out lots of cash just to get a list of “tire kickers” who are not actually primed to buy a home.

Staging 381
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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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Centralize Video Marketing Using Your Domain as a Hub

GeekEstate Agents & Brokers

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: WellcomeMat]. Video marketing has become a key part of agents, brokers, and real estate companies’ strategies to reach consumers. While virtual showings, floorplans, and 3d models haven’t replaced in-person showings, it has helped consumers realize they don’t need to tour every home.

Marketing 104
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AEGIS Land Title acquires Capital Title of Washington

Housing Wire

AEGIS Land Title Group last week announced the acquisition of Capital Title of Washington , a boutique independent title and escrow provider operating in the greater Seattle area. Terms of the deal between AEGIS, which is owned and operated by Paul and Julie Hofmann, and Capital Title, a subsidiary of Shaddock National Holdings , were not disclosed.

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NSDCC September Sales

BubbleInfo

The number of NSDCC detached-home sales in September is up to 133 today, which is pretty good. There are only 138 pendings currently, but 34 sales have already closed in October so there is a decent chance that we’ll have 100+ sales this month too! The drastically-lower YoY sales will give participants the idea that […].

Sales 104
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Answering sellers, ‘My neighbor sold over asking in one day, so I should too’

Real Trends

To real estate agents, it feels like the market shifted overnight, so imagine what prospective sellers are thinking! They saw neighbors received 10 offers on their house in one day, and a sale for $50,000 over asking price. Naturally, they want the same, right? So, how do you handle these situations at the listing presentation? RealTrends spoke with some experts to discuss what they’re doing to set seller expectations. “The biggest challenge right now is helping sellers understand th

MLS 98
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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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What In The World Is A “Final Offer?”

Toronto Realty Blog

TorontoRealtyBlog. Raise your hand if you remember the first person who won the million-dollar grand prize on “Who Wants To Be A Millionaire?” I sort of do. It was a man. Middle-aged, white, nerdy, cocky, and certainly with a flair for the dramatics. I believe the question was about which United States president appeared on a comedy show from the 70’s or 80’s.

Agents 93
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JPAR® MAGNOLIA GROUP RECOGNIZED AS TOP HIGH-GROWTH COMPANY ?IN SOUTH CAROLINA

Realty Biz

Real Estate, America’s #1 fastest-growing, 100% commission brokerage, is pleased to announce JPAR® Magnolia Group recognized as a top growth company by the South Carolina Business News Roaring Twenties program. This award is based on three years of business data and qualifying companies are recognized for continuous growth. The award is open to all industries across the state.

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4 ways to ease seniors’ housing transition

Real Trends

Working with seniors who are downsizing requires empathy and clear communication. If you’re a real estate professional who has a special interest in serving seniors, you get that. When working with seniors, it’s vital that you support your customers through the downsizing process. It’s what differentiates you from those who focus mainly on the sale.

Agents 85
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2 Ways to Minimize the Risks of Property Damage (and What to Do if It Occurs)

Realty Biz

It can be accidental or deliberate, but property damage can really mess with your business and can bring a lot of trouble if you aren’t prepared to handle it. If you are a business owner and want to ensure that your business is safe from property damage and the risks that can come from it, then here’s what you need to do. Additionally, if you find that property damage has occurred on your business and you don’t know what to do, this article will also let you know what to do if your property gets

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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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How Will CMLS’s White Paper Argue Against RINRA?

Notorious ROB

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh. Monthly Subscription. $ 20. Monthly. Subscribe Now. Annual Subscription. $ 200. Annually (Save $40). Subscribe Now. The post How Will CMLS’s White Paper Argue Against RINRA? appeared first on NotoriousROB.

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How Mortgage Rates and Lack of Supply are Hitting the Real Estate Industry

Realty Biz

Like any industry, the real estate market goes through countless ups and downs. Many of these changes are cyclical and are tied to the time of year; others, however, are more situational, such as the ones we’re experiencing right now. More exactly, changes to mortgage rate affordability and scarcity of homes for sale are having a major impact on the real estate industry.

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20 Gorgeous Instagram Bio Examples for Real Estate Agents That Inspire (+ Template & Tips)

The Close

It’s no secret that Instagram (IG) has grown in popularity with real estate agents over the past few years. Some agents are crushing it with amazing videos and carousel posts and driving more business from IG than ever. But it all starts with an Instagram bio that can grab attention. Want to snatch some of that action? We’ve scoured the Insta-verse to find fantastic real estate Instagram bios that are helping agents capitalize on their unique posts, build networks of followers for their sphere,

Agents 76
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What are the Top Real Estate Technology Trends for 2022

Realty Biz

New real estate technology developments are constantly pushing the envelope of what it means to be a real estate professional. Smart real estate agents know that leveraging the latest technologies makes them more successful. They also know that it’s important to keep on top of the latest technology trends in their market. Here are some of the latest real estate technology trends that have been helping agents and investors so far this year. 3D Virtual Property Tours and Showings.

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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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Price Falls Begin to Ease Off Across the Country

Real Estate Investar

Property price declines are starting to ease off across the country, led by Sydney, Melbourne and Brisbane which all saw a decreased rate of decline last month.

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How To Think Like A Successful Real Estate Investor

Bigger Pockets

When I first started investing in real estate, I thought I knew what I was doing. I had not heard of BiggerPockets at the time, but I’m pretty handy with […].

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YouTube finally launches handles, introduces @username format 

The American Genius for Real Estate

Following suit of many other platforms, YouTube launches the @username format with YouTube handles - rejoice, rejoice!

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HIGH PERFORMING TEAM IN PUGET SOUND AFFILIATES WITH BETTER HOMES AND GARDENS REAL ESTATE LLC

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate McKenzie Realty, based in Oak Harbor, WA. The newly formed brokerage serves the residents of Whidbey Island in North Puget Sound and on the mainland in Skagit, Whatcom and Snohomish counties. The firm is owned and operated by Craig McKenzie.

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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.