Tue.Aug 04, 2020

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Today’s Buyers Are Serious about Purchasing a Home

Keeping Current Matters

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively engaged in the process to find a home.

Mortgages 251
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Ontario’s Bill 184 poses risks to honest landlords, sellers and purchasers

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Ontario’s Bill 184 poses risks to honest landlords, sellers and purchasers. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction.

Agents 130
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Downsides of Flat Fee MLS or Entry Only

Realty Biz

What Are The Cons of Flat Fee MLS? When things in life seem too good to be true, they usually are precisely that. In real estate, the perfect example is flat fee MLS. Selling your home is a costly experience, so any way of saving money should be jumped at, right? A flat fee MLS entry service is a potential way to avoid paying all of the typical real estate agent’s commission, but is it really worth it?

MLS 125
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Inside Susan Sarandon’s Dramatic Chelsea Loft

Sotheby's International Real Estate

For the home of a beloved thespian to provide space for performing and dancing seems only fitting, and this airy contemporary loft—Academy Award winner Susan Sarandon’s six-bedroom oasis—does just that. Occupying two floors of an exclusive co-op in Chelsea, the residence is anchored by a vast open living area with a mirrored wall and steps that can serve as impromptu seating—all perfectly suited for productions by performers of any age or stripe.

Staging 126
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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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8 Things you can do right now to prepare to buy a house

The Mortgage Report

Buying a house moves fast, so preparation is key. Here are 8 steps to prepare to buy a house, no matter how close you are to making an offer.

Closing 142
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5 Reality TV Mansions: Which ‘Real Housewives’ Home Would You Buy?

Realtor.com

Rodolfo Martinez/Bravo, Jon Kopaloff/FilmMagic, realtor.com Fans of Bravo’s many “Real Housewives” franchises know that these women love to live large. And they always have the receipts to prove it. And no matter what the location, much attention is paid to the luxe homes owned by these voluble and volatile ladies. Over the years, we’ve followed all the off-camera drama of their real estate transactions. .

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Mortgage rates today, August 4, 2020, plus lock recommendations

The Mortgage Report

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Mortgages 111
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Top Five Burning Questions That The July TREB Stats Can Answer!

Toronto Realty Blog

TorontoRealtyBlog. What does it say when the “long weekend” feels a bit too long? Too much family time? Is there such a thing? Too much drinking alcohol and eating barbecue? I wish. Please invite me to your cottage next long weekend, okay? All that damn rain, and the kids getting cabin fever? Yeah, maybe. Or perhaps some of us have this unhealthy addiction to work.

Sales 110
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Empty Storefront Owned by RedSky Collapses on Bedford Avenue in Williamsburg

Brownstoner

A three-story building collapsed on Bedford Avenue in Williamsburg on Tuesday afternoon, covering nearby parked cars in debris. The facade of the three-story structure at 204 Bedford Avenue, between North 5th and North 6th streets, came crashing down around 12:45 p.m. — but luckily the building was vacant at the… Read More > The post Empty Storefront Owned by RedSky Collapses on Bedford Avenue in Williamsburg appeared first on Brownstoner.

Marketing 105
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This asynchronous meeting tool centralizes your meeting notes

The American Genius for Real Estate

(REAL ESTATE TECHNOLOGY) Hugo integrates calendars and note taking with over 20 work apps to keep virtual teams organized during meetings. The post This asynchronous meeting tool centralizes your meeting notes appeared first on The American Genius Real Estate.

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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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How to Create a Custom Real Estate Lead Generation Plan (+ Template)

The Close

One of the most common mistakes my coaching clients make is that they never take the time to create a diverse real estate lead generation plan that really works for them. Instead, they jump from strategy to strategy and guru to guru and never really find the mix that generates enough leads and referrals. Sound familiar? The good news is that creating a lead generation plan that leverages your unique personality is easier that it sounds.

Agents 104
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A Warning to All of You Who Work in Real Estate

Lab Coat Agents

This is a warning to all of you who work in real estate. We sometimes hold on to people that aren’t ready to buy or sell thinking that everyone that comes in our path is interested in transacting. Remember that not everyone that comes to you through open houses, referrals, online leads, etc. are going to be ready to buy or sell. Your job is to find those that are ready to buy or transact in the next few months, nurture the ones that are a few months away, and the ones that are just lookie-loos y

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Lighthouse Sunset Tours This August

Waterfront Properties

The Jupiter Inlet Lighthouse and Museum is hosting several Lighthouse Sunset Tours this month. The Lighthouse reopened to visitors two months ago and their event calendar features a mix of events and tours. On Wednesday nights during the month of August, the lighthouse hosts their weekly Lighthouse Sunset Tour. Visitors climb to the top of the Jupiter Lighthouse and witness the speculator Jupiter summer sunset and views of the town.

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Aqua Star! Portland’s Iconic Floating Home Makes a Splash

Realtor.com

realtor.com This isn’t the only floating home in the Pacific Northwest—but it is the only one with outer-space vibes. On the market for $850,000, this futuristic-looking home on the water is described in the listing details as “Portland’s most iconic and famous floating home.” This 3,000-square-foot, three-bedroom home floats off the shores of southeast Portland, OR, with its own boat slip, as part of the Oregon Yacht Club marina within the Willamette River.

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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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Real estate news you may have missed

Easy Agent Pro

New home sales are on fire. June was a really, really good month for new home builders. In fact, you’d have to reach back to 2007 to find a month with a similar sales rate, according to the Commerce Department. That sales were up nearly 14% and this figure is nearly 7 percent more than last year (pre-chaos) is good news for the housing market. Low mortgage rates acted as the bait, but the overwhelming urge of so many Americans to move out of the cities was a big attraction as well.

Loans 92
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Selling a Home in Ottawa During the Pandemic

Point2Homes

Image: valleyboi63 / Shutterstock.com. You might think a global pandemic would slow the housing market. However, in major Ontario cities such as Ottawa, quite the opposite seems to be happening. Demand is high and supply is low, so homes are moving quickly and often for more than asking. If you’ve been thinking about selling your home, you might see this as the perfect opportunity and jump in (like I did).

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6 Tips for Buying Investment Property at Auction

Real Estate Investar

For real estate investors looking for their next opportunity, property investment auctions present unique opportunities and also challenges. Compared to private treaty sales, at an auction you are bidding against other potential buyers and the highest bidder will win. And if you are bidding against a competitive field, coming out on top without overpaying can be a difficult task.

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Which Appraisal Clients Make Up the Majority of Your Client Base?

McKissock

What types of clients do property appraisers serve? Do most of their assignments come from lenders vs. non-lenders? To help answer these questions, we recently asked our real estate appraisal community, “What type of appraisal client makes up the majority of your client base?” While most appraisers said that the majority of their work comes from lenders (most often through AMCs), some said the bulk of their client base is made up of other types of appraisal clients, such as attorneys or private

Land 87
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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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Food Bazaar Will Replace Fairway in Red Hook

Brownstoner

Grocery chain Food Bazaar will replace Red Hook’s Fairway Market after a judge approved the deal, according to the struggling supermarket’s landlord. “We are happy to officially report that Food Bazaar will be our tenant at the Red Hook Stores Building,” said the O’Connell Organization in a post to a local… Read More > The post Food Bazaar Will Replace Fairway in Red Hook appeared first on Brownstoner.

Marketing 110
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Is Your Broken AC or Busted Lock an ‘Emergency Repair’? How To Tell

Realtor.com

LightFieldStudios / Getty Images Sooner or later, most renters will face a problem in their apartment that requires them to contact their landlord and request a repair or maintenance. fCertain issues, if dire, are considered emergency repairs. What’s the difference between an emergency repair and regular old maintenance, though? This question causes a lot of confusion, and is particularly important to understand in the era of coronavirus, when you might be leery of allowing repairmen into

As-is 87
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Renovating Your Home During COVID-19? Check This Brownstoner Webinar First

Brownstoner

Considering a gut renovation but have questions about COVID-19 protocols? Whether you're a family looking to create a "forever home" or an empty nester who's renovating with the goal of aging in place, then you'll want to check out Everything You Need to Know About Home Renovations During COVID-19, a… Read More > The post Renovating Your Home During COVID-19?

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Early Voting Has Begun In Palm Beach County

Waterfront Properties

Early voting has started in Palm Beach County yesterday, August 3rd and will soon be open in Martin County and the Treasure Coast later this week. Florida’s Primary Election will be held on Tuesday, August 18th. Here is what to bring if you plan on voting early in the Primary Election. A valid photo identification A signature identification Here are the locations that are currently open in Palm Beach County for early voting.

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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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Fully Restored and Renovated, ‘L.A. Confidential’ House Is Picture-Perfect

Realtor.com

realtor.com, Warner Brothers/Getty Images It’s amazing what a difference a couple of years—and a couple of talented designers—can make. Two years ago, a famous Hollywood-area home that played a crucial role as Kim Basinger’s residence in the film “L.A. Confidential” sold for $3.5 million. However, before that sale, the home hadn’t changed hands in nearly 70 years.

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Treasury and Mortgage Rate Spread Widens in July

Eye on Housing

The month of July witnessed a sustained downward trend in the 10-year U.S. Treasury, as it dipped below 0.6%. Despite the downward trend of Treasuries, which are a proxy measure of the risk-free rate that the government offers on debt, mortgage rates through July did not decrease proportionately. The spread between the 10-year Treasury and the 30-year fixed-rate mortgage rate.

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Canadian Households See Almost A Year of Net-Worth Gains Wiped Out

Better Dwelling

Canadians felt the economic pinch of the pandemic almost immediately. Statistics Canada (Stat Can) data shows household net-worth made a big drop in Q1 2020. The decline, the largest since before the Great Recession, was big enough to wipe out almost a year of wealth gains. Household Net-Worth Household net-worth is the value of all […]. The post Canadian Households See Almost A Year of Net-Worth Gains Wiped Out appeared first on Better Dwelling.

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Tips To Sell Your House In Virginia This Fall

Realty Biz

Thousands of homeowners put up with the frustration of living in an unwanted property simply because they are afraid of going through the rigorous process of a house sale. They are often scared of the daunting task of completing complex and seemingly unending paper works or falling into the hands of fraudulent realtors. However, if you own a home in Virginia, you’re in a unique position to sell your property.

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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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Kit Matkaluk and Hugh Cooper join Century 21 InTown Realty in Vancouver

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Kit Matkaluk and Hugh Cooper join Century 21 InTown Realty in Vancouver. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Kit Matkaluk and Hugh Cooper have joined Century 21 InTown Realty in Vancouver.

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The Frenzy of 2020

BubbleInfo

Mortgage rates hit an all-time low yesterday! Combine the improved purchasing power with the covid-delayed selling season and the lowest inventory in recent history, and we have full-blown frenzy conditions. Look at how July wound up: NSDCC July Sales & Pricing – Preliminary Year # July Sales Avg. $$/sf Median SP July Mortgage Rate # […].

Sales 69
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Mike Piazza’s Miami Beach Mansion Gets (Another) Price Cut

Realtor.com

realtor.com, Mike Coppola/Getty Images It’s officially the middle of summer, and this steamy weather means that life on the water looks extra enticing. We’re sure a spit of land on one of the country’s most notable beaches—complete with a Tuscan-inspired mansion—would tick all the boxes for a buyer in search of the luxe waterfront life. So we’d love to recommend the Miami Beach, FL, mansion of Baseball Hall of Famer Mike Piazza.

Land 66
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Ask Brian: What Should I Do When Selling My Home with Little Equity?

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 Gil in OK: Hello Brian. I’m in big trouble. Right now, I’m more than a month behind on my mortgage payment and I don’t see a way forward to make the payments for many months to come.

Equity 60
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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.