Mon.Aug 29, 2022

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Rocket offers more voluntary buyouts

Housing Wire

Rocket Companies , the parent company of Rocket Mortgage , extended the second round of voluntary career transition offers to employees amid the company’s forecast of much lower origination volume in the third quarter. . “We recognize career growth options in certain areas of our business are limited right now, while the housing market normalizes following two years of unprecedented volume,” said Mike Malloy, chief administrative officer for Rocket Central.

Equity 421
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A Trusted Real Estate Advisor Provides Expert Advice

Keeping Current Matters

If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market.

Marketing 213
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NYSE notifies Impac about risk of getting delisted

Housing Wire

California-based Impac Mortgage Holdings received a notice on Friday from the NYSE American LLC requiring a plan to adjust its stockholders’ equity level amid consecutive financial losses. Otherwise, the mortgage lender will be subject to delisting proceedings, according to a Securities and Exchange Commission (SEC) filing. . In the most challenging mortgage market in well over a decade, Impac stockholders’ equity reached approximately $3.5 million as of June 30, 2022.

Equity 397
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Why I Should Consider a Short Sale

Realty Biz

More than 5.6 million homes were sold in the United States alone in 2020. Many more homes have been sold since then and some have even gone through short sales. But what is a short sale exactly, and how is it any different than a regular sale, bankruptcy, or foreclosure? How does a short sale affect you as a homeowner? Are there any benefits of short sales compared to other options?

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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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Lock in your exclusive room rate for HW Annual by Sept. 5

Housing Wire

There’s only one month left until HW Annual kicks off on Oct. 3rd. As the conference quickly approaches, so does the deadline to lock in the exclusive room rate for the Fairmont Princess Resort in Scottsdale, Arizona. Take advantage of staying on the property and being close to all the conference sessions and networking events by locking in the HW Annual room price of $395/night before the block closes on Sept. 5.

Mortgages 395
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Unlocking Property Potential with Home Renovations

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Plunk]. While real estate is an appreciating asset, homes often have untapped equity potential. Upgrading a home’s curb appeal, features, and systems while owning the home builds its value as much as paying off the mortgage–yet many homeowners don’t have the tools or knowledge to start.

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Ask Brian: New Agent Looking for First Clients

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Christopher in IA: Hi Brian, I just passed the state exam, and now have my real estate license. The brokerage I’m working with is a new and small office with only three other agents.

Agents 118
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Jury convicts San Francisco real estate investor for defrauding Quicken Loans

Housing Wire

A San Francisco real estate investor with political ties was found guilty of bank fraud and making false statements to Quicken Loans as part of a larger federal investigation targeting public corruption in the city. . A federal jury convicted Victor Makras, president of Makras Real Estate , for inflating a debt amount of $915,000 in a $1.3 million refinance mortgage loan secured by property owned by an associate of Makras Real Estate, according to the Department of Justice on Friday. .

Loans 294
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What to Know Before Investing in Vacant Land

Realty Biz

Despite concerns about its sustainability , the real estate market is going through a boom. While the real estate market is focused chiefly on buying and selling built properties, investing in vacant land can also give you good returns. You can purchase vacant land to sell it for profit or to build your ideal house according to your taste. . Buying or selling a vacant land is a complex procedure that requires you to understand the market carefully.

Land 113
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Inventory Watch

BubbleInfo

On August 8th, the number of pending listings was down to 151 (which was the lowest since early January), and it appeared that the market might shut down early this year. But today we’re back up to 175 pendings, and still have 449 active listings for buyers to consider. The number of actives should shrink […].

Marketing 105
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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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What Is Domain Authority and Page Authority for Real Estate

Realty Biz

Considering there are over 1.5 billion websites worldwide, standing out from the crowd has never been more critical. If you’re a realtor, whether you’re buying or selling homes, you need to get your listings to the right audience. One common mistake real estate agents make is confusing the domain authority and page authority. But how can you learn the differences between the two, and how does it tie into SEO?

Land 104
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Buy Houses With Cash: Advantages and Disadvantages Explained

Maximum Exposure Real Estate

The Guide to Buy Houses With Cash Is buying a house with cash a good idea? If you have the money available to allow you to buy houses for cash, is it the best option? The answers to these questions may not be completely apparent. While it will make buying the home more straightforward, the […]. The post Buy Houses With Cash: Advantages and Disadvantages Explained appeared first on Maximum Real Estate Exposure.

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Avoid These Common Errors When Installing Skylights

Realty Biz

Are you looking to brighten up your once dark home? Well, you’ve come to the right place. A well-designed and installed skylight can help add value to your home. Skylights are not only the perfect solution when looking to brighten up your home, but they are aesthetically appealing – enough to add some oomph and significantly improve your home’s value.

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Your Ultimate Guide to Buying a Home in Texas in 14 Steps

HomeLight

Whether you grew up in Texas, are relocating for work, or always dreamed of living in this affable state, it’s a great place to buy a house. Nicknamed the Lone Star state, Texas is the second most populous state in the country and the second largest state in land mass. “Everything’s bigger in Texas” is a popular slogan and this is true for houses as well.

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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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Is It Worth Renting an Apartment Near Campuses?

Realty Biz

Renting a fun apartment close to a college or university campus initially sounds exciting. Undoubtedly, many would jump at the excellent occasion without thinking. And for a good reason; everybody associates college years with wild parties and a culturally and artistically exciting period. Regardless of age, living close to campus is inspiring. And it certainly implies fulfilling one of the daring dreams of being “close to the action’ and part of an electrifying community.

Closing 99
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5 ways to increase your productivity in the morning

The American Genius for Real Estate

Productivity is king, but sometimes distractions and other issues slow you down. So what can you do to limit these factors?

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3 Key Ways Best Real Estate Agents Leave Their Comfort Zones

McKissock Real Estate

Some of the best real estate agents in the business today know how important it can be to go outside your comfort zone in order to keep — and retain — profitable clients. Getting stuck in a rut with the same strategies that only bring you moderate success isn’t the best way to earn more. Instead, challenge yourself to get comfortable with being awkward and taking chances.

Agents 89
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REACH program highlights partner businesses through Pitch Battle

The American Genius for Real Estate

NAR's REACH program is created to push growth through connecting businesses with the real estate industry and new innovations.

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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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The Better Homes and Gardens® Real Estate Brand announces Affiliation of Market leading Baton Rouge Independent Firm

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Tiger Town based in Baton Rouge, La., which expands the brand’s presence in the state. The firm is owned and operated by Shannon Andre-Dewey, who established Tiger Town Realty in 2007 after a highly successful career in real estate sales.

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Student Housing Investment Edges Down in the Second Quarter of 2022

Eye on Housing

Private fixed investment in student dormitories declined 4.4% to a seasonally adjusted annual rate (SAAR) of $3.2 billion in the second quarter of 2021, according to the data released by Bureau of Economic Analysis. Private fixed investment in dorms was 12.7% higher than a year ago, but 29% below the pre-pandemic level. Private fixed investment in student housing experienced a.

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Leverage Systems Every Solo Agent Needs to Know

Keller Williams

For solo agents, hitting a ceiling is a question of when, not if. Eventually, you simply can’t do more yourself to build your business, and that’s when it’s time to double down on one of the Three Ls of The Millionaire Real Estate Agent – leverage. “When we’re looking for leverage, we’re looking to buy back time, and we’re looking to grow,” says Jason Moon, a KW agent in Walnut Creek, California.

Agents 83
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Significant Sales: July 2022 Highlights

Sotheby's International Real Estate

From a US $58M sale in Lyford Key, The Bahamas to a US $22.5M sale in Park City, Utah, here are July 2022’s five highlighted sales represented by the Sotheby’s International Realty® global network. Lyford Key, The Bahamas . George Damianos | Damianos Sotheby’s International Realty, US $58,000,000. New York, New York . Cathy Taub | Sotheby’s International Realty – East Side Manhattan Brokerage, US $22,500,000.

Sales 73
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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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Are Rental Properties for Sale in Texas a Good Investment for 2023?

Mashvisor

Give this article your undivided attention and find out whether rental properties for sale in Texas will be a successful investment in 2023.

Sales 68
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Why Hasn’t Building Maintenance Software Merged with Smart Buildings?

Enertiv

There’s been a revolution in the availability of real-time data in buildings, as well as in the deep learning algorithms to transform real-time data into value. The most sophisticated operators, particularly in office but also in other property types, have managed to connect, standardize and centralize huge amounts of real-time data across their portfolio.

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The Ultimate Room-by-Room Apartment Cleaning Checklist

Redfin

Cleaning an apartment can seem daunting, whether your doing it alone or with roommates. Where do you even start? What cleaning items do you need? How do you clean the bathtub or the kitchen sink? No need to fret. We’re here to help answer all of these questions and more. So, whether you’re moving out of a rental in Austin, moving into a new apartment in Sacramento , or your current apartment just needs a deep cleaning , we’ve prepared the ultimate apartment cleaning checklist to keep your

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Cheaper Beach Towns

BubbleInfo

They may not be as nice as San Diego but you don’t have to spend a million either:

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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 strategy behind UWM’s multibillion dollar investment

Housing Wire

In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. 1 lender in the country. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind Rocket Mortgage. “I don’t have on my board my goal is to be the No. 2 overall lender, it’s to be No. 1 and we’re going to do that,” Ishbia told HousingWire in 2021.

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Monday Morning Quarterback: Mandatory Cooling Off Periods!

Toronto Realty Blog

TorontoRealtyBlog. Somebody asked me last week, “What’s this ‘Monday morning quarterback’ thing all about?” I guess I never stopped to consider that some readers aren’t familiar with the term, and thus don’t really ‘get’ these blog titles. Years ago, before the advent of Thursday night football, the inclusion of late-season and playoff games on Saturday, and off-site games in London and/or Mexico on random Tuesdays, all National Football Leag

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Opinion: Taming inflation requires making housing affordability a national priority

Housing Wire

Inflation slowed more than expected in July , the result of a dip in gas and energy prices. But soaring housing costs continue to weigh heavily on family budgets. Rents and home purchase prices are up – 17% and 20% respectively – from last year. It seems as if every day there is yet another news story highlighting how so many families are suffering under crushing housing costs.

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How to Prospect Your Way to 15 Listings Every Month

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. When Monique Walker began in real estate almost 20 years ago, she started making her calls. And she hasn’t stopped since. This week on The Walkthrough , Monique shares the prospecting system that’s earning her team 15 listings every month.

Agents 78
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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.