Housing Wire

AUGUST 18, 2020

The Consumer Financial Protection Bureau is proposing a new category of qualified mortgages called Seasoned QM, which would require loans to meet certain performance requirements over a 36-month seasoning period. The CFPB said they hope this new category will “encourage innovation and help ensure access to responsible, affordable mortgage credit.”. In order to qualify as a Seasoned QM, loans would have to be first-lien, fixed rate transactions that comply with general restrictions on product fea

Debt-to-income ratio 517

Debt-to-income ratio Mortgages Loans As-is 517

Keeping Current Matters

AUGUST 18, 2020

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research at realtor.com , explains : “Seller confidence has been improving gradually after reaching its bottom in mid-April, and now it appears to have reached an important recovery mileston

Marketing 268

Marketing Sales As-is Mortgages 268

Housing Wire

AUGUST 18, 2020

Compared to last year , the housing market this year has seen some big changes. Notably, people are moving inland from the large cities as the pandemic has created a coastal exodus , prompting apartment dwellers to seek more space and big yards. Realtor.com released its hottest ZIP codes of 2020 report on Tuesday, which revealed that more towns in the Northeast made the list than last year.

Marketing 508

Marketing Days on market As-is 508

Sotheby's International Real Estate

AUGUST 18, 2020

T-shirts in popular shops around Santa Fe are emblazoned with a lighthearted description of New Mexico: “Not really new, not really Mexico.” While that sentiment is clever, it also happens to be true. New Mexico may take its name from the nation to the south, from which many of its founding settlers traveled, but the state has a style and feel of its own, and Santa Fe even more so.

Land 139

Land Design Brokerage As-is 139

Advertisement

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.

Agents

Housing Wire

AUGUST 18, 2020

Last week, the MBA reported that refinance activity rose to its highest level since May, now accounting for 65.7% of total applications – and everyone involved in the mortgage process is working hard to make sure those transactions go through. But as companies continue to compete on low rates, lenders are trying to balance maintaining a strong purchase presence with meeting client expectations in the refi market.

Loans 458

Loans Loan Officer Mortgages As-is 458

The Mortgage Report

AUGUST 18, 2020

Mortgage rates are holding low and everyone is predicting low rates through 2020. But what will interest rates do next? Advice, predictions, and your next steps.

Mortgages 145

Mortgages 145

HomeLight

AUGUST 18, 2020

You love your place, but honestly, you could use a little more space. Perhaps you have a new baby on the way, the kids are grown and need their own room, or you have a family member moving in to stay awhile. If you stretched for a new primary suite, or created another spare bedroom, you could transform your house into a forever home. So around how much would a room addition cost?

Renovation 122

Renovation Construction Due diligence Design 122

Housing Wire

AUGUST 18, 2020

Opendoor has resumed operations in all 21 of its markets as of Tuesday. The iBuyer first paused its acquisitions in March as a result of COVID-19, and has since relaunched in Phoenix , Raleigh-Durham, Dallas-Fort Worth, Atlanta, Charlotte, Nashville and Tucson. Now, the company has added back the rest of its operational markets, including Las Vegas, Orlando, Minneapolis-St.

Marketing 371

Marketing Sales As-is 371

REM Online

AUGUST 18, 2020

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Locating an underground oil tank. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Underground oil storage tanks are commonplace in properties across Canada.

Agents 120

Agents 120

Lighter Side of Real Estate

AUGUST 18, 2020

This Missouri home , presented by co-listing agents Jeffrey and Justin Radel of House of Brokers Realty, Inc., definitely illustrates the old saying “you never know what’s going on behind closed doors.”. Listed at $350,000, it seems criminal to pass up a place with this much intrigue. The two-bedroom brick beauty, which dates back to the late 19th century, was formerly Howard County Sheriff’s House and Jail.

Renovation 120

Renovation Closing Agents As-is 120

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

The American Genius for Real Estate

AUGUST 18, 2020

(MARKETING) Retargeting cookies can eat up more budget than you would expect but these simple code solutions will help cut that cost down. The post Retargeting: are you really getting the most bang for your buck? appeared first on The American Genius Real Estate.

Marketing 119

Marketing 119

BubbleInfo

AUGUST 18, 2020

When the internet took over the real estate business 20+ years ago, the dumbing-down of the valuations began. Now that we are making life-changing decisions based on split-second exposure to imagery from a hand-held device, the process has gone binary – a quick yes or no, without much other consideration. It’s not just the buyers […].

Marketing 116

Marketing 116

Better Dwelling

AUGUST 18, 2020

Canadian real estate buyers are shrugging off the pandemic, as a temporary inconvenience. Canadian Real Estate Association (CREA) data shows prices made a huge increase in July. Not just in known “hot” markets like Toronto, and Montreal either. Substantial monthly increases were seen in almost every real estate market across Canada. Canadian Real Estate Prices […].

Marketing 110

Marketing As-is 110

The Mortgage Report

AUGUST 18, 2020

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Mortgages 110

Mortgages Marketing 110

Advertisement

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

RIS Media

AUGUST 18, 2020

As you continue to grow your presence across social media, it is important to remember that once a strategy is planned and executed, maintaining and updating that strategy is essential. With endless opportunities to connect with customers and leads, you can help consumers by responding to real-time comments and feedback. From reviews and testimonials to questions and arising problems, social media offers agents the chance to respond and communicate with their social sphere in an effective and co

Agents 109

Agents Branding Construction As-is 109

Brownstoner

AUGUST 18, 2020

Dozens of Bushwick tenants are unionizing against their shared landlord -- claiming the property owner has targeted Black and brown tenants for eviction, up-charged rent-stabilized apartments, and left the buildings in squalor. “He’s really ruthless to tenants of color, non-English speaking people, and immigrants,” said Travis, a white tenant who formed… Read More > The post Dozens Form Tenant Union to Fight Bushwick Landlord Accused of Racism appeared first on Brownstoner.

Marketing 108

Marketing 108

Easy Agent Pro

AUGUST 18, 2020

Because an agent’s business is centered around him or herself, taking rejection personally (especially that one about wanting to interview a few more agents) is knee-jerk, and common. And rejection as a real estate agent hurts. You can lash out in defense of yourself or you can learn more appropriate and healthier ways of dealing with the anger, frustration and pain of rejection.

Agents 107

Agents Branding Sales Development 107

Realtor.com

AUGUST 18, 2020

realtor.com What do an eccentric violinist, a banker, and a newlywed couple all have in common? The answer is as fascinating as the unlikely grouping: a castle. That’s right. A real, stone, medieval-style castle like something straight out of a fairy tale by the Brothers Grimm. Max Helmer , a violinist, was born in 1893 and spent much of his time traveling around the world playing his instrument.

Land 105

Land Renovation As-is Closing 105

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

GeekEstate

AUGUST 18, 2020

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Zumper.]. A free end to end online search marketplace for landlords and tenants that attracts more than 80 million people each year.They help landlords market to millions, receive rent digitally, and find reliable tenants and provide renters the ability to find, apply, and reserve apartments.

As-is 145

As-is Marketing 145

The Mortgage Report

AUGUST 18, 2020

Review of the best VA loan lenders, including VA rates, customer service ratings, and minimum credit scores. Find the best VA lender for you.

VA loan 119

VA loan Mortgages Loans 119

Realty Biz

AUGUST 18, 2020

Kris Lindahl. According to the Mortgage Bankers Association , just under four million American homeowners are in forbearance. Meanwhile, negotiations over a new stimulus package have yet to culminate in an agreement. Property owners impacted by the COVID-19 housing crisis are struggling to pay mortgages, and the imminent risk of foreclosure and bankruptcy looms large over the industry.

Purchase and sale agreement 104

Purchase and sale agreement Bankruptcy Mortgages Commercial 104

Realtor.com

AUGUST 18, 2020

realtor.com, Gustavo Caballero/Getty Images The sportscaster Ryen Russillo has scored a sweet townhouse in Manhattan Beach, CA. Records show that the popular podcaster paid $3.8 million in May for the coastal abode with ocean views. . The brand-new home debuted on the market in January for $4.5 million. The price was dropped the following month to $4.35 million and was further discounted to $4.1 million in March. .

Branding 102

Branding Construction Design Closing 102

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

RIS Media

AUGUST 18, 2020

(TNS)—Imagine this scenario, perhaps a year or two in the future: An effective COVID-19 vaccine is routinely available and the world is moving forward. Life, however, will likely never be the same—particularly for people over 60. That is the conclusion of geriatric medical doctors, aging experts, futurists and industry specialists. Experts say that in the aftermath of the pandemic, everything will change, from the way older folks receive health care to how they travel and shop.

Inspection 102

Inspection As-is Closing Industrial 102

Realtor.com

AUGUST 18, 2020

Peter Dazeley / Getty Images Eviction may soon become a reality for millions of American renters. In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act prohibited landlords from evicting tenants for nonpayment of rent in homes with federally backed mortgages. But this program ended on July 24. As a result, an estimated 20% of the 110 million Americans who rent their homes are at risk for eviction by Sept. 30, according to a report by the COVID-19 Eviction Defense Project , a g

As-is 99

As-is Investor Technology Development 99

Fancy Pants Homes

AUGUST 18, 2020

If this Los Angeles home looks awfully familiar, there’s a good reason for that. The Mediterranean Revival has a long history of TV appearances, serving as Mitch and Cam’s duplex in the Modern Family pilot and Kate’s lovely house in This is Us , while also popping up in HBO’s widely acclaimed Insecure series. Even though the house wasn’t used in later episodes of Modern Family , with the producers opting for a two-story house set right down the street from the studi

Marketing 98

Marketing As-is Agents 98

Boom Town

AUGUST 18, 2020

Time is of the essence. Boy is it right now. Everyone is strapped for time, juggling more than we’re used to…and generally in desperate need of systems and solutions to help things run smoother. So, here’s a start: what things are you spending time on that should be handled by your CRM? Our most productive clients, the process ninjas who are so used to hearing “how do they do it all?

MLS 98

MLS Agents Technology As-is 98

Advertisement

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

RIS Media

AUGUST 18, 2020

It’s no secret that the world is changing faster than ever before. Remote work, mobile connectivity and increased interconnectedness have turned every industry on its head, including real estate. Faced with the need to change, many franchises and brokerages are making much-needed technology upgrades, transitioning from filing cabinets to document management systems and brick-and-mortar storefronts to cloud-based collaboration.

Technology 98

Technology Brokerage Industrial Development 98

Real Trends

AUGUST 18, 2020

The real estate industry is competitive, which has made operations all the more difficult in the face of the COVID-19 crisis. In a sector that often relies upon providing personalized experiences, helping buyers to make the biggest investment of their lives, the need to social distance has presented significant obstacles.

Industrial 98

Industrial Marketing 98

RIS Media

AUGUST 18, 2020

Homes.com helps real estate professionals generate and convert leads. Developing relationships with prospective clients and unveiling properties that meet their needs are routine aspects of a real estate professional’s daily work. But in the midst of the coronavirus pandemic, real estate professionals have had to think outside the box in order to get deals done…sometimes without even meeting the client in person.

Industrial 98

Industrial Development Closing Marketing 98

Homes.com

AUGUST 18, 2020

If you're in the Midwestern part of the United States, or looking for a socially-distanced destination to visit, then these are the secret beaches for you. The post Twelve Secret Midwestern Beaches for a Socially Distanced Vacation appeared first on Homes.com.

97

97

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