Mon.Mar 13, 2023

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Don’t Miss Out: 8 Must-Attend Real Estate Conferences in 2023!

Kyle Handy

Real estate conferences are a great way to learn more, network, and build your reputation. At a real estate conference, you get to interface one-on-one with experts in your field. You get to listen to the best of the best. From commercial real estate to real estate investing, you can find out what you need to know from other real estate professionals.

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Former Fannie Mae chief named as CEO of Silicon Valley Bank N.A.

Housing Wire

The Federal Deposit Insurance Corporation (FDIC) has named former Fannie Mae CEO and Blend president Tim Mayopoulos as CEO of Silicon Valley Bank N.A. , an FDIC-operated “bridge bank” meant to protect all depositors of the now shut-down Silicon Valley Bank (SVB). While the FDIC — an independent government agency that insures bank deposits and overseas financial institutions — declined to comment on Mayopoulos’ role, his career has been focused on financial and legal expertise.

Banks 372
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Who’s No. 1? See which companies held on despite the downturn

Real Estate News

T3 Sixty’s ranking of the top brokerage companies includes Compass, Keller Williams, Anywhere and other repeat leaders — plus a few surprises.

Brokerage 263
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Guild Mortgage acquires Cherry Creek Mortgage

Housing Wire

Retail lender Guild Mortgage announced the acquisition of Cherry Creek Mortgage , a privately-held Colorado-based lender with 68 branches in 45 states. Cherry Creek will become its own division of Guild, headed by co-founder Jeff May, Guild said on Monday. The terms of the acquisition were not disclosed. Established in 1987, Cherry Creek offers a wide range of mortgage products including conventional, FHA, VA USDA, USDA, reverse mortgages and home renovation loans.

Mortgages 364
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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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Long & Foster CEO, brokerage president resign

Real Estate News

CEO Jeff Detwiler left after nearly 14 years with Long & Foster, along with Boomer Foster, the founder’s nephew. Two company vets have moved into their spots.

Brokerage 190
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Local Housing Markets: New York, Sarasota and Racine

Housing Wire

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. New York City, New York In many ways the spring of 2022 marked the full return of New York City and for a real estate agent like Johnson Tsai, a lead agent at REAL, this meant a massive up-tick in rental demand. “We are typically super busy from March through August and sometimes even into October,” Tsai said.

Marketing 354

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Borrowers shift toward jumbo loans, ARMs as mortgage rates rise

Housing Wire

Rate and affordability pressures continue to challenge purchase lending, driving homebuyers to alternative loan products. The number of rate locks was down in February from the previous month, but dollar volume rose due to a rate environment that favored non-conforming loans including jumbo loans and adjustable-rate mortgages (ARMs), according to Black Knight ’s originations market report.

Loans 351
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Leverage Your Equity When You Sell Your House

Keeping Current Matters

One of the benefits of being a homeowner is that you build equity over time.

Equity 216
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What your title company needs to succeed in 2023

Housing Wire

The rollercoaster ride the housing market has been on for the last three years has ended. Instead of twists and turns, we believe the market will surprise us this year… simply by being boring. In a boring market, it’s more important than ever to stand out from the crowd. We want to show you how to do just that. Follow along for our tips on how to craft your marketing strategy to set yourself up for success in 2023.

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Keller Williams’ sales dip in US as agent count takes big leap overseas

Inman

Transaction sides fell 18.2 percent year over year for a total of $472.9 billion in sales in 2022, a 12.5 percent decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage.

Sales 151
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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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Explore 5 Mid-Century Modern Homes

Sotheby's International Real Estate

Mid-century modern homes—famed for their clean lines, large windows and open spaces—are still coveted by those who appreciate simplicity and immersion in nature. In locations from Houston to Denver, explore five perennially stylish homes built circa 1950-1965. Saratoga, California Golden Gate Sotheby’s International Realty Ceilings of birch wood plank, expansive floor-to-ceiling windows, a handsome fireplace, and Mid-century details throughout create an unforgettable atmosphere in this ho

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Anthony Hitt unveils brand refresh at Engel & Völkers’ EVX conference

Inman

Engel & Völkers' luxury agents poured into Miami this week for the company's 10th annual conference, where Americas CEO Anthony Hitt revealed the brokerage's "Refined" brand refresh.

Branding 147
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Incentivising Renters With Cash Back

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Stake] A fintech company and loyalty network, Stake enables multi-family owners and operators to reduce delinquencies, increase leads, and generate more renewals. Serving more than 40,000 units, they do that by helping renters save through cash back and banking.

Banks 113
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Top features of branded residences for the luxury buyer

Inman

Luxury buyers place a high value on acquiring the world’s most iconic brands, so it’s only natural they would appreciate an acclaimed name when making their next great real estate purchase.

Branding 148
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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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Inventory Watch

BubbleInfo

The 10-year yield has dropped 0.5% since Thursday, which means today’s mortgage rates will probably be the low point of the rest of the year. If the CPI comes out hot tomorrow, the mortgage-rate market will shrug off the banking collapse and get back to rising. Call it a one-day reprieve!

Banks 105
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Think globally, act locally: How the right franchise partner helps businesses expand their network and net worth

Inman

Our successful owners routinely gather to share winning business strategies, discuss joint business ventures, and help make each other even stronger, displaying an unbeatable combination of know-how and camaraderie.

Agents 148
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A Stunning Stat: There Are More American Households With Pets Than Children

NAR: Economic Outlook

There Are More Households With Pets Than Children According to the U.S. Census, the share of families with children living in their homes under the age of 18 has continued to decline.

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WATCH: ChatGPT – Will it Replace Agents?

Inman

Is automating responses the best tactic in an industry that typically requires a deep level of personalization? In this episode, we will take a deeper dive into the benefits of these tools for entrepreneurs and the pitfalls of relying too heavily on technology.

Agents 147
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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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Cracking the 2023 Instagram Algorithm

Broke Agent Media

This week’s Over Ask Podcast is a bit different. Brooks Landry joined Matt Lionetti and The Broke Agent to host a BoomTown webinar and crack the 2023 Instagram code—starting with a lively discussion on— Instagram strategies working for each one of them vs. what used to work How they get leads on the platform How each one has built (and is continuing to build) their following From there, they launched into 14 burning questions, many from webinar attendees during the live Q&A.

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William Lauder buys Rush Limbaugh’s Palm Beach estate

Inman

The deal marks a new record price for the market of Palm Beach where the priciest deal previously went to hedge funder Ken Griffin's purchase of four parcels for $129.6 million in 2013.

Marketing 143
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10 Skills Every Real Estate Agent Needs to Develop

Broke Agent Media

In any career field, some skills are more important than others. And if you’ve been growing your business as a real estate agent, some of the top 10 skills detailed below won’t surprise you. Communication, for example, is one of those skills that dominate in people-facing careers. And there’s always room for improvement. Technology, too, is playing a larger role than ever as innovative tools make it easier than ever for agents to keep track of the finer details of every relationship they build

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The Pinnacle Group joins forces with Douglas Elliman

Inman

The eight-person team, established by agent Elaine Bannigan, will now work out of Douglas Elliman's new office in Wellesley, Massachusetts, the company exclusively told Inman.

Agents 143
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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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Monthly Mortgage Payments at an All-Time High

Broke Agent Media

BAM Key Details: According to a Redfin report, the typical homebuyer’s monthly mortgage payment hit a new all-time high of $2,563. On the other end of the spectrum, Redfin reports rents have dropped to the lowest level in a year. The dream of owning a home is becoming more elusive than ever before. According to a new Redfin report , homebuyers are facing a daunting challenge as their spending power declines.

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3 questions agents need to answer right now to grow their business

Inman

There are multiple paths agents pursue to grow their business, with no shortage of online resources available. Agents can also get training from their brokerages and insights from colleagues. No development opportunity should be ignored when growing a business.

Agents 141
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The Best Moving Companies For Local and Long Distance Reviewed

Maximum Exposure Real Estate

Who Are The Best Movers? Do you need to find one of the best moving companies? Are you going to be relocating across the country? Maybe you just discovered you’d be transferred due to your job? The first step in getting to your new place will be finding a highly-rated mover. Making a long-distance move […] The post The Best Moving Companies For Local and Long Distance Reviewed appeared first on Maximum Real Estate Exposure.

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Silicon Valley Bank was part of an ecosystem that sped up innovation

Inman

Silicon Valley Bank, which federal regulators took control of Friday following a run on the bank, understood the digital age, supported entrepreneurs and understood our needs, writes Inman founder Brad Inman.

Banks 130
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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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What Are FHA Loans and How Do The Work?

Maximum Exposure Real Estate

What is an FHA Loan? Are you wondering what an FHA loan is and how they work? Over my thirty-seven years as a real estate agent, many clients have asked me about FHA loans and whether they would be a good mortgage choice. FHA mortgage loans are a staple for many homebuyers. When considering buying […] The post What Are FHA Loans and How Do The Work?

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Signature becomes 2nd major real estate-focused bank to fail

Inman

Signature was the largest commercial real estate lender in New York City by transaction volume and third-largest by volume since January 2020, according to PincusCo, which tracks real estate transactions.

Banks 129
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Software and Desktop Apps Every Real Estate Agent Needs

Realtors Property Resource

As small business owners, REALTORS® have plenty of needs. RPR’s list of top real estate websites and desktop software can help you find solutions and success. The post Software and Desktop Apps Every Real Estate Agent Needs appeared first on Realtors Property Resource (RPR).

Agents 98
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Inventory struggle is real, leaders declare in exclusive Inman survey

Inman

Leaders and agents who took Inman's first Intel leadership survey said inventory is among their biggest challenges right now — but growing in 2023 isn't out of the question.

Agents 147
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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.