Mon.Aug 22, 2022

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How to Find and Pick Inspectors For Houses

Maximum Exposure Real Estate

What is a Home Inspector? Are you looking to find an outstanding home inspector? Choosing a home inspector is part of the home buying process, a decision that can significantly impact your satisfaction with your future home. A home inspector is a professional engaged in performing the service of assessing a property’s condition. It can […].

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Homebuilders get hit with more bad news

Housing Wire

July was another rough month for homebuilders, with mortgage applications for new home purchases dropping 16.1% from a year ago, according to the latest Mortgage Bankers Association ‘s builder application survey. Compared to June 2022, applications decreased by 7%. “Mortgage applications to purchase newly built homes weakened in July, as prospective homebuyers continue to delay decisions because of economic uncertainty and still-high home prices and mortgage rates,” said Joel Kan, MBA’s as

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3 Tips for Buying a Home Today

Keeping Current Matters

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions.

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Opinion: LOs, it’s time to refresh your mindset

Housing Wire

Well, here we are rounding out another spring and summer market. Kudos to the Loan Officers who have found a way to transition from the refinance boom of 2020 — 2021 and into the purchase market of 2022. As we begin to finish the third quarter , it is important to take some time to reflect, revamp and refresh our mindset. While we always have the need to be sharp when it comes to our craft, it is also important to be sharp with our emotional well-being as well.

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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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What Does a Real Estate Agent Do For Buyers and Sellers

Maximum Exposure Real Estate

What Does a Real Estate Agent Do All Day Anyway? Lots of people wonder what a real estate agent does on a daily basis. In the real estate business, a real estate agent’s day can be constantly different. Do they sit around all day waiting for the phone to ring? Do they really do anything […]. The post What Does a Real Estate Agent Do For Buyers and Sellers appeared first on Maximum Real Estate Exposure.

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Suzy Lindblom named COO at Arc Home

Housing Wire

Mortgage operations veteran Suzy Lindblom was named chief operating officer at lender and servicer Arc Home this week. Lindblom joins the non-QM-focused lender following a stint at First Guaranty Mortgage Corp. , where she was COO before the company declared Chapter 7 bankruptcy and folded. She was previously the COO at Glenn Stearns’ Kind Lending and Planet Home Lending.

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5 reasons to attend the Marketing Leaders Success Summit at HW Annual Oct. 3

Housing Wire

If you are joining us at HW Annual Oct. 3-5, make the most out of your trip by also joining us for the Marketing Leaders Success Summit. Kicking off HW Annual, this summit will be packed with the marketing insider tips and tricks you need to take your business to the next level. Below are the top five reasons why you need to grab a seat at the Marketing Leaders Success Summit before they’re all gone. .

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$100 Off Registration for iOi Summit 2022 in Los Angeles

GeekEstate

The annual Innovation, Opportunity & Investment (iOi) Summit brings together over 500+ of the industry’s top tech companies, investors, and REALTOR® members to collaborate, network, and address concerns regarding the future of real estate. At iOi, your tech leader peers join ranks to pool talents and resources and discuss and develop essential PropTech strategies and solutions to revive the industry and drive it forward.

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Startup NFTYDoor launches home equity platform with one-minute application

Housing Wire

Mortgage startup NFTYDoor plans to launch a home equity platform, promising borrowers “a one-minute online application and funding in as little as three days.” It’s entrepreneur Mark Schacknies’s first business venture after leaving the real estate vendor Remine , which was sold in October 2021 following allegations of unprofessional conduct by Schacknies and other executives.

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Are we in the middle of a housing bubble?

The American Genius for Real Estate

The phrase "housing bubble" is beginning to percolate in some circles, so let's break that down. The post Are we in the middle of a housing bubble? appeared first on The American Genius Real Estate.

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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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What is a Bear Market in Real Estate? It’s a Different Animal Than You May Think

HomeLight

The U.S. economy has experienced some significant shifts this year. Inflation is at a 40-year high, interest rates are rising, and the stock market had its worst first-half performance since 1970. . Then, on June 13, 2022, the S&P 500 index fell 21.3% and the stock market officially entered a bear market. We know this was bad news for the stock market, but what (if anything) does it mean for real estate?

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Jump for Multifamily Rental Development

Eye on Housing

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts surged during the second quarter of 2022. At 142,000 units started, this was the largest quarter for rental multifamily construction since the second quarter of 1986. The market share of rental units of multifamily construction starts bounced back to 96%.

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European-style chateau in New Canaan, CT is the epitome of elegance

Fancy Pants Homes

A distinctly elegant European-inspired chateau on Connecticut’s affluent Gold Coast has recently hit the market for $15 million — and we’re here to bask in its beauty. The ivy-clad residence sits on a sprawling 6-acre lot in New Canaan, a Fairfield County town consistently listed as one of the wealthiest towns in the country, appearing in multiple rankings of the nation’s and county’s priciest zip codes.

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Employment Situation in July: State-Level Analysis

Eye on Housing

Nonfarm payroll employment increased in 46 states and the District of Columbia in July compared to the previous month while four states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 528,000 in July, following a gain of 398,000 jobs in June. As of July 2022, the U.S. labor market is back to.

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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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3 Proven Ways To Get Real Estate Referrals

Lab Coat Agents

Coaching Time…. I was sitting down with an agent that has produced over 300 million in volume this year. He’s one of my coaching clients and most of his business comes from referrals. After outlining What his referral business looks like we went deeper as to what it needs to be in 2022. Here’s a quick little rundown of what we went over and how I broke it down.

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6 Essential Phrases to Guide Sellers to Success During the Pricing Conversation

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. The days of putting a home on the market and watching it sell almost immediately (and for inflated prices) are coming to an end. Price reductions are on the rise in many markets. As the market changes, the way you talk to sellers about how to price their home should change, too.

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Does A Slow Luxury Market Drag Down Average Home Prices?

Toronto Realty Blog

TorontoRealtyBlog. I’ve never been a “watch guy.” I had the same Casio watch from about age-5 through the end of high school, and I remember once I was in university, my father said, “You and Neil need to wear a real watch!” My Dad took my brother and I down to The Bay , which is what somebody of that vintage would do, and we picked out a “real watch” that probably cost about $150.

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How Do I Cancel a Home Purchase Offer? Cold Feet

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 Gianna in MI: Hi Brian, After two years of dreaming about buying my first home, I have cold feet now that my offer has been accepted.

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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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Life of Luxury | The Brilliant Blue World of Porto Cervo

Sotheby's International Real Estate

Marco Alberti – Italy Sotheby’s International Realty. Six decades ago, Prince Karim Aga Khan IV was inspired as he surveyed the northeastern edge of the Italian island of Sardinia. On this enchanting expanse of the Costa Smeralda (the “Emerald Coast”), he would establish a resort town that would be recognized as the preeminent destination for the world’s wealthy and well-connected.

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Additional Costs to Climbing the Property Ladder

Realty Biz

When you get on the first wrung of the property ladder, it’s definitely an accomplishment. It’s one of the key stages of your life, buying your first property – whether that’s a house, apartment, or even a holiday home. It’s also a massive financial investment and there are costs associated with it. Some of the additional costs that come with buying a home are relatively unknown.

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Inventory Watch

BubbleInfo

If there was a big surge of listings that weren’t selling, then we’d know for sure that the local market was in trouble. But we got so spoiled by the super-frenzy conditions last year where everything was selling right away that we forgot what it’s like during a non-frenzy. Yep, when you compare to 2021, […].

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LED strip lights add extra charm to your decoration

Realty Biz

If you are always on the lookout for modern décor trends, you might be familiar with LED strips. These decorative items contribute to brightening up surroundings and giving them a modern touch. LED strip lights suit both indoor and outdoor environments and are very versatile. However, you need to know how to choose the right light and how to apply it wisely to achieve the best decoration result with a more refined touch.

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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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Price drops picked up in July as housing demand cooled

Real Trends

Nationwide, the share of homes for sale that underwent price drops reached a record high in July. More than 15% of home sellers dropped their asking price in the 97 largest U.S. metropolitan areas, according to a report from Redfin released on Monday. The pandemic homebuying hotspot of Boise, Idaho had the highest share of homes with price drops in July at 69.7%, up from 29.6% a year ago.

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Are We in a Real Estate Recession?

Realty Biz

While inflation rates in the US dipped slightly during July, they’re still at the highest levels this century. This has caused widespread speculation about the country’s economic future. At this time, one of the biggest questions on the lips of every concerned citizen is, ‘Are we headed for a recession?’ . This is a frightening outlook.

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Predict Your Profit in 2023 Using This Short Term Rental Income Calculator

Mashvisor

A short term rental income calculator is a tool that’s indispensable when calculating the potential profit of your short term rental property.

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How to Find the Best Home Financing

Realty Biz

The average home buyer in the U.S. needs about $250,000. If you’re like the majority of potential homebuyers, you don’t have this kind of money. Even if you do, you’re not going to spend it all on a house. Your decision to take out a mortgage is undoubtedly motivated by this reason. A mortgage is a big financial commitment, but it’s also sound.

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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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How to spot a good liar and unravel their story

The American Genius for Real Estate

We might not be able to catch everyone who lies, but there are cues that will give it away a liar if you listen. The post How to spot a good liar and unravel their story appeared first on The American Genius Real Estate.

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Welcome to the Alamo City: Unique Things to Do in San Antonio

Redfin

San Antonio is perhaps best known as one of the largest cities in Texas as well as being the home of The Alamo and other historic sites. There are plenty of popular things to do in San Antonio, like spending the day at Six Flags Fiesta or strolling along the San Antonio River Walk. However, if you’re looking for something a little more unique, there are plenty of activities that fit the bill.

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6 tips on how to make your emails more professional

The American Genius for Real Estate

If you want your email to actually get read, impress the recipient, and convert, here are some quick tips to get 'er done. The post 6 tips on how to make your emails more professional appeared first on The American Genius Real Estate.

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How to Renew Your Lease: 6 Steps for Renewing an Apartment Lease

Redfin

Finding the right apartment to call home can be a long process, especially if you’re a first-time renter. And many things could go awry during your first year leasing the place. From loud neighbors and street noise to a bad landlord or simply not having enough space, there can be many reasons why you may need to look for a new place before your lease expires.

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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.