Keeping Current Matters
FEBRUARY 13, 2023
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.
Housing Wire
FEBRUARY 13, 2023
The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Here is a quick rundown from last week : Purchase application data had a 3% week-to-week increase. The start of 2023 has been good, considering mortgage rates have stayed above 6% most of the time. Weekly housing inventory continues to decline, as we saw a decrease of 13,238 units, double the amount we had this time last year.
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Real Estate News
FEBRUARY 13, 2023
Ryan Gorman leads btcRE consultancy, Ines Hegedus-Garcia chairs MIAMI board, Dave Howe now CEO at MetroList, Nicole Aissa first president at Red Oak.
Housing Wire
FEBRUARY 13, 2023
Jay Farner will retire as CEO of Rocket Companies in June, ending his 27-year stint at the firm. He stepped down as member of the board of directors last week, Rocket disclosed in a filing with the Securities and Exchange Commission. On February 8, Farner notified the board of directors of Rocket of his intent to retire as CEO effective June 1 and as vice chairman and member of the board effective immediately, according to the company’s 8-K filing on Monday.
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Real Estate News
FEBRUARY 13, 2023
In a down market, the grass might look greener elsewhere. But if you regularly — and genuinely — connect with your agents, they'll have a reason to stay.
Housing Wire
FEBRUARY 13, 2023
Non-QM lender Deephaven Mortgage, owned by alternate investment firm Pretium, has appointed Aaron Drago as its chief operating officer. “Aaron combines a depth of operational experience with a focused and disciplined approach to process optimization. This will serve Deephaven well as we scale operations to meet strong demand for our products,” said Deephaven president and CEO John Keratsis in a statement.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 13, 2023
The drop in mortgage rates and seasonal tailwinds boosted mortgage rate lock activity by 32% in January, ending a nine-month streak of declines, according to Black Knight ’s originations market monitor report. “Mortgage rates declined in January, continuing a trend that began in early November 2022,” Kevin McMahon, president of Optimal Blue, a division of Black Knight, said in a statement.
Inman
FEBRUARY 13, 2023
On a stage at Inman Connect New York, industry insider Kendall Bonner welcomed a full house to an expert panel discussion on AI including Omer Granot, Jonathan Klein, and Ori Freiman.
Housing Wire
FEBRUARY 13, 2023
Equity Prime Mortgage (EPM) filed a counterclaim against Jesse Iwuji Motorsports (JIM) last week for allegedly breaching a sponsorship contract. The Atlanta-based mortgage lender is accusing the stock car racing team of breaking the agreement by changing the driver of the car starting in May 2022. The counterclaim is a response to a lawsuit filed by JIM in December 2022.
Inman
FEBRUARY 13, 2023
The team formerly known as the Southern District Properties Group at Compass will now become Sotheby's newest affiliate in Texas, Southern District Sotheby's International Realty.
Advertiser: Trellis
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.
Realty Biz
FEBRUARY 13, 2023
Off-market properties might be the answer if you want to avoid competition from other buyers when looking for your next home. These home sales are sometimes known as pocket listings or quiet homes and aren’t added to the multiple listing services. Finding a buyer for a home not featured in the MLS requires more work from the real estate agent and used to be very unusual.
Inman
FEBRUARY 13, 2023
Sometimes, the agent on the other side of the table can't get out of their own way. The next time you experience a hot-headed real estate agent on the other side of the deal, try these tips from Amie Quirarte to cool it down.
The American Genius for Real Estate
FEBRUARY 13, 2023
Following a tumultuous few years in the housing market, families across multiple demographics are sticking together in multi-generational housing.
Inman
FEBRUARY 13, 2023
Brian Gubernick will serve as PLACE's new chief real estate officer tasked with helping teams and agents grow their businesses.
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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.
BubbleInfo
FEBRUARY 13, 2023
When mortgage rates started going up last year, I said all we have to do is survive until springtime – and it looks like we’ve made it!
Inman
FEBRUARY 13, 2023
The penthouse apartment sits at the southwest corner of Central Park and sprawls across more than 8,000 square feet.
Realty Biz
FEBRUARY 13, 2023
Artificial intelligence is one of the fastest-growing fields of research today and one that has already been used to great effect in dozens of different industries and business sectors. This includes the world of real estate, where machine learning and smart algorithms are being used for predicting market movements, whether property owners are likely to sell their homes any time soon, and dozens of other applications.
Inman
FEBRUARY 13, 2023
Everyone has the ability to be a great leader, but not everyone has the drive. Developing leadership skill takes time, dedication and perseverance.
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.
Realty Biz
FEBRUARY 13, 2023
Social media has become an integral part of our daily lives and is proving to be a valuable tool for businesses to reach their target audience. To achieve that goal, a real estate agent must have a solid online presence and social media. Nowadays, real estate agents can easily get a lot of Instagram followers if they know how to use Instagram right and take advantage of platform features, such as instagram follower trial , to showcase their listings, engage with potential clients, and build thei
Inman
FEBRUARY 13, 2023
Real estate's top thought leaders shared their best advice for thriving in a slower market during CEO Connect in New York last month. Here's what they had to say.
BubbleInfo
FEBRUARY 13, 2023
Look at how the detached-home market between La Jolla and Carlsbad has started in 2023: NSDCC January Sales: 96 I had given up all hope of hitting 100 sales in January, but it is within sight now.
Inman
FEBRUARY 13, 2023
Why is it that in 2023 our culture is still determined to enforce dated and ridiculous dress code stereotypes? Trainer Rachael Hite says that brokers need to focus more on providing great customer service to consumers and better training for agents and worry less about what they are wearing.
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.
Realty Biz
FEBRUARY 13, 2023
Stormwater gathers many pollutants into waterways. These pollutants may include grease, antifreeze, heavy metals, and oil from cars; pesticides, fertilizers, and other chemicals from homes, businesses, and gardens; sediment from bad construction site practices; and bacteria from failing septic tanks and pet wastes. Contaminated stormwater runoff adversely impacts people, plants, and animals.
Inman
FEBRUARY 13, 2023
Learn how proactive AI can give you an almost unfair advantage and fill your pipeline with opportunities.
Broke Agent Media
FEBRUARY 13, 2023
BAM Key Details: Fannie Mae’s National Housing Survey shows homeowners are increasingly worried about the ability to save money and afford necessities, including mortgage payments. With inflation outpacing wage growth, many have had to resort to using their previously built-up savings while also taking on more consumer debt to cover expenses. Results from the Fannie Mae National Housing Survey show an escalation in homeowners’ financial concerns—which include their ability to save money and af
Inman
FEBRUARY 13, 2023
Working with a team is as much of an exercise in self-improvement, commitment to excellence and accountability for the team leader as it is for members on the team, writes broker Cara Ameer. The goal is to create a happy and inspiring place to prosper.
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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.
Broke Agent Media
FEBRUARY 13, 2023
BAM Key Details: According to a LendingTree report, millennials make up the majority of potential home buyers in 37 of the 50 largest U.S. metros. The most popular metros for millennial home buyers—where the highest shares of mortgages went to millennials—are San Jose, Denver, and Boston. It’s no secret why so many adult Gen Z and Millennials are renting or living with their parents, given how the cost of buying a home has jumped in the space of one year.
Maximum Exposure Real Estate
FEBRUARY 13, 2023
Are you wondering what to do before listing your house for sale? For some sellers, there can be a significant amount of things to do before putting their homes on the market. Knowing what to do before listing your house is essential to increase your odds of success. Having a home selling checklist can undoubtedly […] The post What to Do Before Listing Your House appeared first on Maximum Real Estate Exposure.
Broke Agent Media
FEBRUARY 13, 2023
Forget the news about volatile mortgage rates, home prices, and layoffs for a moment—here’s some BAM good news to start your day. Each week, we’re giving you the most uplifting and positive stories in real estate. This industry can be tough, so here’s a little sunshine to start your week! Women in Sierra Leone Can Now Own Land Source: Yahoo After six decades, women in Sierra Leone finally have the same rights as men to own, lease, or buy land in the country.
Coldwell Banker
FEBRUARY 13, 2023
There’s never been more ways for motivated homebuyers to view properties, but no matter how efficient or convenient virtual property tours can be, nothing beats seeing a home in person. Open houses are the perfect opportunity to learn vital details about a home that will help you narrow your property search. Here are a few […] The post Tips to Help Buyers Make Every Open House Count appeared first on Coldwell Banker Blue Matter.
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.
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