Wed.Jun 21, 2023

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Eco-Friendly, Energy-Efficient Homes Attract Buyers

Keeping Current Matters

Are you planning to sell your house?

Marketing 255
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Mortgage demand rises but remains way down from last year

Housing Wire

On the heels of the Federal Reserve pausing its rate hikes, mortgage demand increased, but only slightly. For the week that ended June 21, mortgage applications only climbed 0.5% from the prior week , according to the Mortgage Bankers Association. This slow growth highlights that while demand is there and rates have fallen for three consecutive weeks, activity continues to be constrained by low levels of affordable inventory.

Mortgages 370
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NAR CEO to retire in 2024

Real Estate News

Bob Goldberg announced that he will leave the role when his current contract ends.

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Phil Shoemaker on lessons learned from Homepoint’s demise & The Loan Store’s future 

Housing Wire

Home Point Capital surprised the market on April 7 when it announced that the acquirer of its struggling mortgage origination business was a small wholesale shop few had even heard of. The Loan Store , based in Arizona and accustomed to originating about $20 million a month, was picking up the pieces of the third-largest wholesale lender in the country?

Loans 369
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Agents Decoded: Is it time to switch brokerages?

Real Estate News

Your choice of brokerage can have a big impact on your career. There are plenty of good reasons (and some not-so-good ones) to consider making a change.

Brokerage 264
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FHFA sounds the alarm over GSEs’ ability to absorb losses

Housing Wire

The Federal Housing Finance Agency (FHFA) is sounding the alarm over a high risk-based capital shortfall for Fannie Mae and Freddie Mac , exceeding their risk-based requirements and elevated operational risks. This is according to FHFA’s 2022 Annual Report to Congress published earlier this month. “Despite considerable growth in each Enterprise’s loss-absorbing capacity (net worth), available capital remains in deficit, in large part because the Senior Preferred Stock issued by the Enterprises i

Banks 368

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In the Mid-Atlantic, more sellers are listing second homes and investment properties

Housing Wire

Unlike a typical spring homebuying season in which sellers are also looking to buy a home, people trying to relocate into a bigger or smaller home in the Mid-Atlantic region made up a relatively small share of the housing market. Move-up buyers made up just 11% of sellers in May, while those looking for a smaller home accounted for 12% of all sellers.

MLS 367
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Builders are back on track. Here’s what that means for real estate

Inman

It wasn't easy, but builders survived the market downturn without mass layoffs. And they've clawed their way back near normal sales levels.

Sales 179
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Unbelievable Returns from Flipping This New Type of Real Estate w/Jessie Rodriguez

Bigger Pockets

The real estate market is crumbling…or is it? According to experienced investors like Jessie Rodriguez, now is one of the best times in recent memory to start building wealth.

Investor 130
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Windermere buys former rival as agents ‘boomerang’ from eXp

Inman

The regional brokerage has purchased HK Lane, a 75-agent firm in the Coachella Valley, and welcomed back about 50 agents that were part of a team that left for rival eXp Realty in April.

Agents 158
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Rent Growth is Negative For the First Time in Three Years—Is Your Cash Flow in Jeopardy?

Bigger Pockets

Rent growth has been on a downward trajectory for a while now, but it finally crossed the negative line. What does this mean for investors?

Investor 126
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8 real estate team building strategies you need right now

Inman

To help you explore what's next, you'll have access to the best minds in real estate in one place at Inman Connect Las Vegas. Featured speakers include: Leadership Performance Coach Jon Cheplak, Keller Williams Team Leader Wendy Papasan, Sharran Srivatsaa, President of Real Brokerage, Tyler Elstrom, MAPS Coach of Keller Williams, Verl Workman of Workman Success Systems, Jeff Lobb of Sparktank Media, and more.

Brokerage 158
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Did We Reach the End of Rate Hikes? What Happened in Last Week’s Federal Reserve Meeting

Bigger Pockets

The big news to come out of last week’s Federal Open Market Committee meeting was the group’s choice to forgo another rate hike.

Banks 124
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May saw the lowest housing inventory in a decade: Report

Inman

The number of homes for sale in the United States fell 7.1 percent year over year to 1.4 million on a seasonally adjusted basis, according to Redfin.

Sales 148
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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How to Find Who Owns a Property

Bigger Pockets

Suppose you see a potential investment opportunity but don't see a for sale sign. We'll explain how to find out who owns a property.

Sales 123
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Jumbo mortgage rates rise as lenders pull back

Inman

Rates for mortgages backed by Fannie and Freddie continue to ease despite Federal Reserve Chairman Jerome Powell's tough talk on inflation, but liquidity issues put pressure on bigger loans.

Mortgages 148
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Putting PropTech to Work For Your Real Estate Business

Bigger Pockets

PropTech is a relative newcomer to the “Tech” suffix world; you may be more familiar with the more recognizable MarTech and FinTech terms.

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DelPrete: Are agents at low-fee brokerages any less productive?

Inman

The dual hypotheses that low-fee brokerages aren’t sustainable, and that their agents are less productive, are false, Mike DelPrete writes.

Brokerage 148
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Coldwell Banker Around the World: June 2023

Coldwell Banker

Summer is upon us, and for those of you lucky enough to be spending time in Italy this summer, we encourage you to consider visiting Campania, a region on the southwest coast of Italy. The post Coldwell Banker Around the World: June 2023 appeared first on Coldwell Banker Blue Matter.

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What podcast are you addicted to right now? Pulse

Inman

Whether you love true crime, self-help or celebrity sitdowns, what podcast is your absolute favorite right now?

Agents 148
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Top 10 Builder Share Jumps in 2022

Eye on Housing

The Top 10 builders captured 43.2% of new single-family home closings (i.e., sales) in 2022, the highest percentage on record based on data released by BUILDER Magazine; this is a 9 percentage point increase from 2021, the largest year-over-year increase since NAHB’s tracking began in 1989. This share represents 276,941 closings out of the 640,500 new single-family home sales reported.

Closing 114
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10 tips for coaching your team to better results in any market

Inman

Coaching in a volatile market can be especially challenging. Here are 10 tips from author and coach Darryl Davis to help you coach your real estate team today.

Marketing 147
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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How Real Estate Builds a Wealth Legacy for American Families

RIS Media

Real estate is about more than simply helping someone buy or sell a property. It’s about creating a base from which a family can build a legacy. As their chosen agents, we must help them buy that first home and push them toward sustainable investments and success. By providing them with the tools necessary to… The post How Real Estate Builds a Wealth Legacy for American Families appeared first on RISMedia.

Agents 112
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Workman CEO: Team members are 80% more likely to stay in business

Inman

In a market like this, a culture of productivity helps keep agents in the industry, Workman Success Systems CEO Verl Workman told Inman Intel.

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SOCIAL SKILLS: Modern Door-Knocking Methods for Generating Leads and Building Relationships

RIS Media

Door knocking has long been a go-to method for real estate agents to connect with potential clients and generate new leads for their business. Though door knocking should still remain in your bag of tricks, it is crucial for agents to adapt and embrace today’s fast-paced and technology-driven world. The digital age has opened up… The post SOCIAL SKILLS: Modern Door-Knocking Methods for Generating Leads and Building Relationships appeared first on RISMedia.

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Matterport’s Genesis doubles-down on digital twin management

Inman

Matterport, the company that commercialized 3D listing tours and made the industry familiar with the term “digital twin,” has set yet another benchmark for digitally immersive real estate marketing with the release of Genesis.

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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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Video of the Week: Element Hill in Hamilton Island, Australia

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week.  Hamilton Island, Australia | Queensland Sotheby’s International Realty With its breathtaking location and a host of lavish features, Element Hill caters to the discerning buyer who seeks nothing but the best.

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Mortgage Applications Continue Second Week of Increases

RIS Media

Mortgage applications continued their second straight week of increases, rising slightly at 0.5% from the previous week’s 7.2% increase, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending June 16, 2023. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, increased… The post Mortgage Applications Continue Second Week of Increases appeared first on RISMedia.

Mortgages 111
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Should You Call a Seller’s Bluff If They Say Another Offer Is Coming in on a House You Want to Buy?

Lighter Side of Real Estate

It’s not uncommon for home buyers to feel they’re being lied to when they’re told there’s another offer coming in on a house they want to buy, no matter what the current real estate market is like. But considering you’ve probably been hearing that houses are taking longer to sell, prices are coming down, and there are fewer buyers to compete with, it might seem even more suspicious if you’re told there’s another offer on a house you want to buy right now.

Agents 109
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Weichert Names New President of Residential Sales and Real Estate Services

RIS Media

Bill Scavone, president of Weichert, Realtors and Weichert Real Estate Affiliates, has announced that Joe McDonald has been promoted to president of Residential Sales and Real Estate Services. In this position, McDonald will oversee the company’s residential real estate agents and support operations, including Weichert’s national network of referral agents.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.