Wed.May 18, 2022

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Is Your Home’s Curb Appeal Turning Buyers Away?

McKissock

The first thing anyone involved in the home selling process should think about is the curb appeal of a property. It’s what catches someone’s eye and invites them to tour the house, so it can make or break how long a home is on the market. Read on to learn about the importance of curb appeal in selling a house. 1. Landscaping Makes the First Impression.

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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

With the cost of living on the rise, many older homeowners are looking for financial solutions that allow them to age in place. HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market.

Mortgages 395
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How Homeownership Can Bring You Joy

Keeping Current Matters

If you're trying to decide whether to rent or buy a home, you're probably weighing a few different factors.

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Proptech Parcl offers real estate investing without liquidity

Housing Wire

Blockchain-based real estate platform Parcl is betting people want a piece of the real estate pie so badly customers are willing to invest in an emerging, small slice of the market: a digital square foot of real estate. Not only are customers investing in Parcl’s product, but the company itself also recently secured funding of $7.5 million from new and existing investors, which will help Parcl expand its customer base while bolstering partnerships with software and real estate companies, i

Investor 395
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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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Housing starts stagnate, market conditions are rapidly shifting

The American Genius for Real Estate

Housing starts for April stagnated, marking the second consecutive months of declines, and more renters being left out of this shifting market. The post Housing starts stagnate, market conditions are rapidly shifting appeared first on The American Genius Real Estate.

Marketing 111
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Mortgage apps decline 11% amid economic uncertainty

Housing Wire

Individuals across the country put the American dream of homeownership on standby for the week ending May 13, reducing mortgage application volume by 11% compared to the prior week, as measured by the Mortgage Bankers Association ‘s (MBA’s) Market Composite Index. “Mortgage applications decreased for the first time in three weeks, as mortgage rates — despite declining last week — remained over two percentage points higher than a year ago and close to the highest levels since 2009,” Joel Kan, ass

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CFPB report highlights outliers doing a poor job servicing

Housing Wire

The Consumer Financial Protection Bureau (CFPB) published a report this week looking at how servicers fared in the second half of 2021. The report said that on average, servicers improved their call metrics, but that some servicers continue to lag behind in assisting borrowers. According to the report , which examined data provided from 16 undisclosed servicers, call metrics, including the average time it took for servicers to answer and abandonment rates, varied greatly from servicer to service

Loans 383
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Leading Real Estate Agents Use Semrush To Direct Traffic to Their Site

Realty Biz

Identifying the best SEO platform for your real estate agency or brokerage business can be daunting. Sorting through different providers and going through multiple demos is no fun. Still, you have to be intentional about choosing an SEO platform to pick the right one. Follow these steps to pick the right tool. List down your essential needs and the features and functionalities the tool must-have.

Agents 104
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John Ryan, voice for state financial regulators, has died

Housing Wire

John Ryan, longtime CEO of the Conference of State Bank Supervisors , a national trade association of state financial regulators, died unexpectedly Monday night in Washington, D.C. He was 58. Ryan held numerous positions at CSBS during the past several decades. Before becoming its CEO, Ryan was executive vice president. “John was an inspirational and humble leader who brought incredible dedication, intellect and passion to CSBS, the state regulatory system and financial services more broad

Banks 383
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Mortgage and refinance rates today, May 18, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday. They’re still some way off their highs in the first week of this month. But they’re drifting away from […].

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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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Ocwen names new CFO to navigate challenging market

Housing Wire

Nonbank mortgage lender and servicer Ocwen Financial Corp. announced on Wednesday that Sean O’Neil is joining the company as executive vice president and chief financial officer. O’Neil will start at Ocwen on June 13 to lead the firm’s global finance organization amid a challenging mortgage origination market. Before landing at Ocwen, the executive served as the CFO for Bayview Asset Management for six years.

Marketing 370
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Daily Links: Celebration of Notorious B.I.G to Include MetroCards, Video at Barclays

Brownstoner

In the News You’ve Been to the Brooklyn Museum. But Have You Seen It Like This? [NYT] Police Impersonator Steals Car on the BQE [BK Paper] AG James Sues Brooklyn School Bus Operator for Idling [BK Paper] These Bed Stuy Residents Are on a Mission to Beautify Their Block [BK Reader] Residents Share Parking, Rat,… Read More > The post Daily Links: Celebration of Notorious B.I.G to Include MetroCards, Video at Barclays appeared first on Brownstoner.

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Mortgage rate predictions for mid- to late-2022

The Mortgage Report

How high will mortgage rates go? See mortgage rate predictions for mid- to late-2022 from eight industry-leading housing experts.

Mortgages 115
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Estate Condition Clinton Hill Anglo-Italianate With Plasterwork, Mantels Asks $3.125 Million

Brownstoner

For the right buyer with pockets deep enough for a major restoration, this Clinton Hill Anglo-Italianate has an intriguing level of detail intact despite its rough condition, although another buyer might see it more as a development opportunity. The estate condition row house at 237 St. James Place sits just… Read More > The post Estate Condition Clinton Hill Anglo-Italianate With Plasterwork, Mantels Asks $3.125 Million 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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President Biden outlines plan to tackle America’s housing shortage

Realty Biz

The United States is struggling with a shortage of up to 5.5 million homes, experts say. The housing gap is so large that it would take more than 10 years to reduce, even if builders accelerate new home construction right away, the National Association of Realtors believes. So President Joe Biden’s new plan that calls for administrative and legislative action to try and eliminate the housing shortfall within just five years is a most welcome announcement.

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Reimagine Landscape Design Online With Yardzen and Realize Your Dream Outdoor Space

Brownstoner

In the last two years, outdoor space has been a savior for many Brooklyn families, a place to not only socialize but to work, exercise and school the kids. That's where Yardzen comes in. Yardzen is an online landscape design and build company that connects homeowners with talented designers and vetted… Read More > The post Reimagine Landscape Design Online With Yardzen and Realize Your Dream Outdoor Space appeared first on Brownstoner.

Design 88
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Increasing Development Charges Will Drive Condo Prices Higher!

Toronto Realty Blog

TorontoRealtyBlog. Perhaps this could have been included in Monday’s blog as a third tenet, except that this isn’t “new legislation,” nor is it going to kill condominium development. But before we get to that , I first want expand a little bit on Monday’s blog, as I think it’s important to note that condominium developers didn’t get to where they are by doing stupid things.

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HPD Study Finds New Yorkers Need to Double Their Income to Afford City’s Higher Median Rent

Brownstoner

New Yorkers need to double their average income just to afford the escalating median rent in the five boroughs, a study from the city’s Department of Housing Preservation and Development (HPD) revealed. That was just one finding released Tuesday in the survey, which is conducted every three years to evaluate housing… Read More > The post HPD Study Finds New Yorkers Need to Double Their Income to Afford City’s Higher Median Rent 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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9 tax deductions real estate agents can’t afford to miss

Real Trends

As a real estate agent, filing taxes is complicated as a self-employed business owner. However, the good news is that many of your expenses may be tax-deductible, reducing the amount of tax you owe. The IRS allows you to deduct “ordinary and necessary” costs for your business, so it’s critical to be understand and track them throughout the year.

Agents 77
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The Slow Unwind – The Pricing Gap

BubbleInfo

The new market conditions will bear some resemblance to the past, but to believe that real estate sales will be ‘getting back to normal’ some day would be full of false hope. Rob Dawg said it long ago – we need to abandon all previous assumptions. Let’s start with the two things most likely to […].

Sales 81
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Finding Buyers for Real Estate: Selling Your Property Simply

CT Homes

When you’ve decided to sell your house, one of the most first questions you’ll ask is how to find buyers for your home. Depending on the location and property type, finding a buyer for a real estate transaction can range from fairly simple to downright challenging. Especially for those who have never sold a house before, locating a promising buyer might seem like an overwhelming task.

Sales 68
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Compass 1Q2022: A Brief Note

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 Compass 1Q2022: A Brief Note appeared first on NotoriousROB.

Agents 67
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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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4 Steps to Turn Around the Exterior of Your New Investment Property

RISMedia

By Anica Oaks Now that you have bought a property that needs to provide a return on your investment and generate income, it needs to look its best and be in good condition. When updating the exterior, here are some things to work on that will attract the interest of buyers or renters. Repair the […]. The post 4 Steps to Turn Around the Exterior of Your New Investment Property appeared first on RISMedia's Housecall.

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How to Combat Raising Interest Rates When Buying

Real Estate Investar

This month, the RBA has come out and raised the official cash rate for the first time in more than a decade.

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Homeownership & Vacancy Rates in the US as of Q1 2022

Mashvisor

The US Census Bureau’s Housing Vacancies and Homeownership data give us access to information about homeownership and vacancy rates in the country.

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Top Agent Q&A: New York City’s Frances Katzen

Real Trends

Douglas Elliman agent Frances Katzen is no stranger to major life changes. Born in Cape Town, South Africa, Katzen and her family moved to Sydney, Australia when she was a child. At 15, Katzen relocated yet again, moving halfway around the world to study ballet at the School of American Ballet in New York City. Katzen went on to dance professionally for 14 years with American Ballet Theater , the Miami City Ballet and as a soloist with the Suzanne Farrell Ballet at the Kennedy Center in Washingt

Agents 52
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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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Real Estate Investors Near Me: Is Partnership a Good Idea?

Mashvisor

Investing in real estate will make you look up “real estate investors near me” online at some point. But it’s not always necessary for business.

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3 Ways To Quantify the Value of Asset Tagging

Enertiv

You are the Maintenance Manager for a 20,000-unit multifamily portfolio. About 7,000 of those units have been acquired in the last year. The acquisitions team is saying there will be another 12,000 this year. Meanwhile, your team has only grown marginally. Truth is, even if you had the time and budget to hire the staff you need, there simply aren’t enough people in the labor pool to hire.

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What Are Real Estate Comps and Why Are They Important for Real Estate Investors?

Mashvisor

The term “real estate comps” is often used by investors when analyzing their strategy. But what exactly are comps, and why are they important?

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Austin Crazy

BubbleInfo

You think it’s bad here? Hat tip to ML for sending this in!

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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.