Tue.Apr 13, 2021

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Working with buyers in the nation’s hottest housing market

Housing Wire

Austin, Texas might be the hottest housing market in the country. The Lone Star State’s friendly tax policies combined with the city’s huge tech scene and its cool factor have made it a destination for Silicon Valley types for several years. In addition to the same demographic factors driving growth elsewhere — all those millennials buying homes — the number of companies relocating there is a huge draw.

Marketing 534
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Some Buyers Prefer Smaller Homes

Keeping Current Matters

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, and need to isolate, has really brought a central focus on the importance of home for most Americans…In a sense, it has elevated real estate markets as a centerpiec

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Redfin: Selling your home? List it midweek

Housing Wire

A new report from Redfin shows that homes listed midweek sell for an average of $1,700 more than homes listed on the weekend, based on homes sold above their list price from July 2020 through February 2021. And they sell faster, too. Putting a home on the market on a Friday or Saturday is risky, since potential buyers may have already filled their weekend with other home tours, said Redfin Chief Economist Daryl Fairweather.

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Majority of Canadians Believe Home Prices Only Go Up, Most Will Never Own: RBC

Better Dwelling

Saying Canadians are confident in the real estate market is a bit of an undersell, according to a big bank. RBC shared the results of its Spring Housing Poll this week. The findings were… nothing short of exuberant. The survey found most Canadians only see home prices rising soon. Most households now only believe a […]. The post Majority of Canadians Believe Home Prices Only Go Up, Most Will Never Own: RBC appeared first on Better Dwelling.

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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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NAR schedules proxy war with Zillow

Housing Wire

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. The development is intriguing for a few reasons. For one, SentriLock, which is a 19-year-old company located a few miles north of Cincinnati, said the product is an attempt to compete against ShowingTime , which is the industry leader in the home-showing appointm

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Top 12 Colors to Help Sell Your Home Fast

Realtor.com

Painting the interior of a house that’s about to hit the market is a project with a twist—the colors you choose will need to strike that magic on-the-market balance between a blank slate and an inviting home where buyers can imagine themselves living. Sound intimidating? Here’s the good news: A fresh coat of paint always helps. According to real estate pros, paint is one of the quickest, easiest ways to make a space feel move-in ready.

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More Trending

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Matterport: Will It Be This Year’s Biggest PropTech IPO?

Realty Biz

An innovative PropTech company that creates 3D spatial mapping tools, Matterport will now go public through a merger with Gores Holdings VI – GHVI (NASDAQ). The new ticker symbol “MTTR” will see the niche startup weigh-in for possible big returns in a “next” environment. Here’s a smart look at trending technology that may bust open the way agents optimize revenue.

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Nonbank lenders profited $4,200 per loan in 2020

Housing Wire

Across the mortgage industry, revenues swelled to record highs in 2020. Nonbank lenders and mortgage subsidiaries of chartered banks reaped the rewards – they nearly tripled their profit per loan last year. According to recent data from the Mortgage Bankers Association , IMBs and mortgage subsidiaries averaged around $4,202 profit on each loan in 2020, compared to $1,470 per loan in 2019.

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Should You Rent Your Property As an Airbnb?

Realty Biz

Renting a property on Airbnb can be a great way for real estate investors to diversify their portfolio or make more profit on their current properties. It can also be an excellent way to get started as an investor. Although the travel industry as a whole has taken a hit during the pandemic, trends are showing that traveling is beginning to pick up post-vaccine.

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Title insurers wrote nearly $20 billion in premiums in 2020

Housing Wire

Title insurers wrote $19.2 billion in premiums last year, but a recent report from the American Land Title Association predicts a slowdown in 2021 due to – you guessed it! – low inventory. ALTA officials “do not expect the same level of refinance activity” this year, even though the residential purchase market appears to be holding steady as the calendar approaches May, according to Diane Tomb, ALTA chief executive. “The true test of whether 2020 volume represents a unique even

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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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Meet The Real Estate Tech Entrepreneur: Anthony Romano from CREtelligent

GeekEstate

This week, we interviewed Anthony Romano from CREtelligent. Without further ado… Who are you and what do you do? My name is Anthony Romano, and the CEO of CREtelligent. Our CRE due diligence platform and services expedite transaction times for all participants in the commercial real estate ecosystem. We service CRE brokers, lenders, credit unions, REITS, insurance firms, retail businesses, legal firms and more.

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Gridiron Capital acquires Class Valuation

Housing Wire

Private equity firm Gridiron Capital has acquired Michigan-based appraisal management company Class Valuation from another private equity player, Narrow Gauge Capital , the firms said in a statement on Friday. Terms of the deal were not disclosed, though Narrow Gauge will retain a minority share in Class Valuation, which claims to be one of the top five appraisal management companies in the country.

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Retirees Are Upsizing?

BubbleInfo

The multi-gen home will be a very popular choice for many. From cnbc.com – an excerpt: Things have changed in the last few years, however, and a new trend has emerged. Rather than downsizing or right-sizing, retirees are starting to upsize. They are moving to bigger homes in their golden years. According to a recent […].

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How to calculate commission income for a mortgage

The Mortgage Report

Commission income is usually accepted by lenders if you have a 2-year earnings history. See how lenders calculate commission income for mortgage qualifying.

Mortgages 116
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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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The 10 Best Home Office Upgrades Based on How Much Time You Have

Realtor.com

Getty Images Before 2020, remote work was already trending as an option for many companies. But once the coronavirus pandemic hit, that trend became a daily reality for a large swath of the American public. Moving forward, it looks like working from home may be less of a temporary solution and more of a permanent shift. A recent study from Harvard found that 1 in 3 workers felt their performance and quality of work were better when they worked from home, and 1 in 3 also said they were better abl

Design 107
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How to calculate commission income for a mortgage

The Mortgage Report

Commission income is usually accepted by lenders if you have a 2-year earnings history. See how lenders calculate commission income for mortgage qualifying.

Mortgages 116
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$1.7M Glass House in Maryland: ‘Every Season Is a New Masterpiece’

Realtor.com

James Harper Alisa Goldsmith has spent hours reading the social media commentary about her glass house. “I’ve been down the rabbit hole the last 24 hours, reading some of the thousands of comments, which is hilarious, being that I’ve lived here, decorated it, and renovated it. It’s just so funny to hear everyone’s impressions about it,” Goldsmith says.

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Mortgage and refinance rates today, April 13, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday, again by the smallest measurable amount. It was a repeat of last Friday when a rise looked likely early […].

Mortgages 106
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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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Inside a Sophisticated Santa Fe Oasis

Sotheby's International Real Estate

In some circles across the U.S., the name Woods is practically synonymous with Santa Fe style. Sharon Woods—doyenne of Woods Design Builders—quite literally co-wrote the book on the subject, published in 1986. Fittingly, this Woods-designed home on five acres in the city’s sought-after Wilderness Gate neighborhood is a bastion of the region’s easily recognizable aesthetic—not to mention an award winner for its craftsmanship.

Brokerage 105
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Mortgage and refinance rates today, April 13, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday, again by the smallest measurable amount. It was a repeat of last Friday when a rise looked likely early […].

Mortgages 106
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Headline Inflation Accelerates in March

Eye on Housing

Both headline inflation and core inflation accelerated in March as the economy reopens from the COVID-19 recession. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in March on a seasonally adjusted basis, after an increase of 0.4% in February. It marks the biggest increase since June 2009. Excluding the volatile food and.

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What is a real estate agent?

Realty Biz

If you have wondered what a real estate advisor is, we must first clarify that this professional is also known as a real estate broker or real estate commercial. We can also hear the term Real Estate Agent (real estate agent in English), but it is little used. For me, personally, if we talk about what a commercial is and the definition of a real estate agent.

Agents 104
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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 Ways You Can Help Ensure Fair Housing for Buyers

RIS Media

How can buyer’s representatives support fair housing in every aspect of their work with buyers? The Real Estate Buyer’s Agent Council (REBAC) is determined to explore this question and share our perspectives with managing brokers so that buyers are protected from discrimination and brokerages stay on the right side of fair housing laws. Here are four ways brokers can guide agents to meet the National Association of REALTORS®’ (NAR) standards: 1.

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Concerts Coming To Palm Beach County This Summer

Waterfront Properties

Music venues got the okay to reopen and concerts and musical events will be returning to West Palm Beach this June. The iThink Financial Amphitheatre (formally The Coral Sky Amphitheater) will soon be welcoming musical guests and concert goers. Shows and concerts are scheduled to start this summer beginning in June. The concerts will begin with reduced capacity of 75 or 15,000 people and new this year, all tickets will be digital and contactless.

Sales 98
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2020 Hall of Fame Winners | Sapphire Medallion Award Recipients

First Team Real Estate

Our 2020 Hall of Fame Sapphire Medallion award winners aren’t just among the top agents within First Team Real Estate, they’re some of the top agents in all of Southern California. Awarded based on total sales volume, every year we look forward to recognizing our incredible sales associates and their amazing achievements. Here is the full list of our 2020 Sapphire Medallion award winners, and stay tuned next for our Diamond Medallion winners!

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This Day in Golf History: April 13, 1997

Waterfront Properties

Just one year after turning pro, Jupiter Island resident Tiger Woods wins the 1997 Masters, shooting a then scoring record 18-under par for the week. The youngest person ever to claim the Green Jacket, Tiger won by a Masters record 12 shots, a record that still stands today. Woods has since gone on to win the Masters 4 more times, with the latest being in 2019.

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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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The Stressors of Stress on Your Body and Behavior

RIS Media

(TNS)—Stress symptoms may be affecting your health, even though you might not realize it. You may think illness is to blame for that irritating headache, your frequent insomnia or your decreased productivity at work. But stress may actually be the cause. Common Effects of Stress. Indeed, stress symptoms can affect your body, your thoughts and feelings, and your behavior.

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Here’s a Paint Makeover Plan for Your New Home

Realtor.com

In contract on a house? It can feel like it takes forever to reach your closing date, and you’re no doubt re-clicking your home’s listing while you wait to move in. Why not put that time to good use, browse Benjamin Moore , and plan a paint makeover? After four moves in six years, including a stint in London, design writer Kathleen Luttschyn, her husband, and their two sons were ready to settle down in their new River Forest home, just outside of Chicago.

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JPAR Real Estate Opens Nashville Office

RIS Media

JP & Associates REALTORS® (JPAR) recently opened its JPAR Music City office in Nashville, Tennessee. Spearheading the operations in Nashville is Lance Davis, a veteran in the Nashville real estate market for six years. “It has always been my goal to help build the climate and culture that agents can be proud to be a part of. A place that feels like home for them to be in, and one they are happy to talk about with others.” Davis said, “I am proud of what we are building and

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Daily Links: Pop-up Vaccine Site Will Open at Clinton Hill’s Emmanuel Baptist Church

Brownstoner

In the News Over 50,000 NYC Public School Students Will Return to Classrooms [NYT] At East Williamsburg’s Lichen, Friends Sell Furniture With Fresh Approach [NYT] DoBro Should Get Third ‘Busway’ on Livingston Street, Pols Say [NYDN] Locals Fear Fulton Ferry Landing Overcrowding [BP] Locals Protest Crown Heights Supermarket-Eviction Developer [BK Reader] Spreading the Gospel of Masa… Read More > The post Daily Links: Pop-up Vaccine Site Will Open at Clinton Hill’s Emmanuel Baptist Churc

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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.