Fri.Jul 01, 2022

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Announcing the 2022 Marketing Leaders!

Housing Wire

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory. Tasked with an endless list of functions, this year’s 2022 Marketing Leaders did it all despite market turmoil.

Marketing 382
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The Squeeze on Buyer-Agents

BubbleInfo

We are witnessing the demise of buyer-agents. The squeeze is coming from several directions, and all are rooted in the fact that there isn’t enough business to go around. Thankfully, half of the realtors are of retirement age, and will drift away naturally. The pending class-action lawsuits will likely de-couple the commissions, and sellers won’t […].

Agents 119
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Banks report rise in mortgage delinquencies

Housing Wire

Banks reported an increase in foreclosures during the first quarter of 2022, according to a quarterly survey published by the Office of the Comptroller of Currency this week. The survey , which examined servicing metrics provided by seven undisclosed national banks, found that 19,542 new foreclosures were initiated in the first quarter of 2022. The OCC said this marks a jump from the previous quarter, but added the foreclosure volume in the first quarter is comparable to pre-COVID-19 pandemic fo

Banks 382
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A Closer Look at Machine Gun Kelly’s house in Los Angeles, Bought from Youtuber Logan Paul

Fancy Pants Homes

Congratulations are in order for Colson Baker, better known as Machine Gun Kelly, who has been cruising through major milestones in 2022. After his engagement to actress Megan Fox earlier this year, Kelly shelled out $7.5 million to buy an Encino mansion formerly owned by YouTube star Logan Paul. The 32-year-old musician has chosen the perfect place to make his first LA home purchase.

Design 110
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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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Deephaven Mortgage offers hands-on training to help brokers gain expertise with non-QM product offerings

Housing Wire

With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. For those borrowers historically underserved in the traditional mortgage industry, Deephaven Mortgage has proven that its expertise in the non-QM space can benefit both brokers and borrowers.

Mortgages 369
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Luxury Real Estate Headlines: Final Week of June 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Dubai, United Arab Emirates | Leigh Williamson , LUXHABITAT Sotheby’s International Realty. This duplex penthouse with sweeping views of the Dubai skyline and another two levels of outdoor amenities on the roof is atop the 34-story Volante tower on the banks of the Dubai Water Canal.

Banks 108

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Soak in Some Music on the Scenic Grounds of Lyndhurst With the Return of Sunset Jazz

Brownstoner

Grab a picnic, head to Tarrytown and spread out on the Bowling Alley Lawn of the great gothic mansion Lyndhurst for the return of the annual Sunset Jazz series. Kicking off on July 7 and running through August 25, the series offers eight Thursday evening concerts presented by Jazz Forum… Read More > The post Soak in Some Music on the Scenic Grounds of Lyndhurst With the Return of Sunset Jazz appeared first on Brownstoner.

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MSR market closes June on $5.2B high note, but has it peaked?

Housing Wire

The mortgage-servicing rights (MSR) market continued to defy gravity and remained upward bound as June came to a close. On the last day of the month, the New York-based Mortgage Industry Advisory Corp. (or MIAC Analytics) released bid documents for an MSR offering it is brokering that exceeds $5 billion in value. “MIAC Analytics, as exclusive representative for the seller, is pleased to offer for your review and consideration a $5.22 billion Fannie Mae , Freddie Mac and Ginnie Mae mortgage-servi

Closing 358
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Lakeland FL Real Estate Market Outpacing Most Florida Metros

Realty Biz

The Lakeland FL Real Estate Market recorded the 3rd highest YOY increase in median home price out of all US Metros in 2021. Lakeland’s 1-year median price growth of +29.29% was only exceeded by nearby Tampa (+29.69%) and Las Vegas (+37.67%). While it’s no secret that people are flocking to the Sunshine State in droves, it’s interesting to see that a relatively smaller Florida metro is recording some of the biggest housing market growth nationally.

Marketing 103
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Mortgage and refinance rates today, July 1, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates ended June by falling significantly. It was far from that month’s biggest daily change. But we’re now a long way from 6% […].

Mortgages 103
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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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Sellers adjust to a new reality as asking prices fall

Real Trends

Asking prices for newly listed homes are beginning to drop, according to a new report from Redfin. During the four-week period that ended on June 26, the median home sales price rose 13.6% year-over-year to $399,249. The median asking price of newly listed homes was up 14.7% from a year prior, to $405,547. Still, the median asking price was down 1.5% from a month prior.

Mortgages 103
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Friday Flash: The Come-Down

1000Watt

Well, I woke up Sunday morning With no way to hold my head that didn’t hurt And the beer I had for breakfast wasn’t bad So I had one more for dessert… — Kris Kristofferson, Sunday Morning Coming Down. I guess, if I have to be honest, I’ve been there. Not in recent years, but there was definitely a time when I’d enjoy one too many steakhouse martinis, or an indeterminate number of backyard margaritas, and pay dearly. .

MLS 98
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6 questions to determine if you are exhausted and feeling burnout

The American Genius for Real Estate

(EDITORIAL) Six questions can determine your feelings of workplace stress and burnout, and knowing is the first step to curing the problem. The post 6 questions to determine if you are exhausted and feeling burnout appeared first on The American Genius Real Estate.

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Private Residential Spending Inches Up in May

Eye on Housing

NAHB analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $938.2 billion in May. It was 0.2% up over the upwardly revised April estimates of $935.9 billion. On a year-over-year basis, total private construction spending was 19% higher. These monthly gains are largely attributed to the growth.

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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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Daily Links: Judge Greenlights Gowanus Rezoning, Says City’s Environmental Review Was Fine

Brownstoner

In the News NYC Pools Open Amid a Swim Lesson Shortage, Raising Safety Fears [NYT] Art, Darling, at the Brooklyn Museum and Beyond [NYT] Amy Schumer to Buy Legendary Brooklyn Heights ‘Moonstruck’ House [NYP] Carroll Gardens' Buddy Scotto Remembered at Street Naming [Eagle] Bed Stuy Filmmaker Debuts ‘Mockumentary’ on Tokenism [BK Reader] Brownsville Complex Offers Housing… Read More > The post Daily Links: Judge Greenlights Gowanus Rezoning, Says City’s Environmental Review Was Fi

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Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Realty Biz

Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. “We’re very excited to welcome Dawanna to Compass’ board of directors,” said Robert Reffkin, Founder, Chairman, and CEO of Compass.

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Spacious Ditmas Park Railroad With Brackets, Built-ins, Beaux-Arts Charm Asks $2,100

Brownstoner

This unusual apartment has many charming original details and windows on three sides. Located at 396 Westminster Road in Ditmas Park West, a semi-detached shingled house with a porch, the ground-floor unit is quite spacious with six rooms, but a railroad floor plan limits its flexibility. When the house was… Read More > The post Spacious Ditmas Park Railroad With Brackets, Built-ins, Beaux-Arts Charm Asks $2,100 appeared first on Brownstoner.

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Frazzled but focused: A day in the life of a real estate agent

Real Trends

“In the last year, in 2022, there has just been extra layers of emotion. I guess that is the way to say it. It is just a lot of emotional management.”. Stephanie LoVerde is speaking on the front steps of a home in the Chicago suburb of Lincolnwood that she is about to put on the market. LoVerde is a real estate agent for Baird & Warner , which is a Chicago-based brokerage founded in 1855.

Agents 86
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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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7 Real Estate Reality T.V. Myths Affecting Your Business

Agent Fire

This is how real estate agents can understand and combat real estate reality T.V. myths. 7 Real Estate Reality T.V. Myths Affecting Your Business is just one of many great real estate strategies on The Spark.

Agents 82
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Real Estate Divorce Leads: How to 2x Your GCI in This Lucrative Niche

The Close

There are a lot of ways to approach real estate divorce leads the wrong way. And that’s the last thing you want to do as an agent. Couples who find themselves going through a divorce have a lot on their minds. Splitting assets can result in long negotiations, sleepless nights, and uncertainty about the future. That’s why coming across as predatory or opportunistic is distasteful (and will always hurt your brand in the long run).

Design 84
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With Cuts to Public School Budget Coming, Parents and Teachers Fear Impact on Students

Brownstoner

New York City schools are out for the summer, but the coming school year is already looming large in the minds of students, parents and teachers. On June 10, the city reached a deal with the City Council on the fiscal year 2023 budget that will cut $215 million from… Read More > The post With Cuts to Public School Budget Coming, Parents and Teachers Fear Impact on Students appeared first on Brownstoner.

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Coldwell Banker Real Estate CMO David Marine Recognized as a 2022 HousingWire Marketing Leader

Coldwell Banker

The award recognizes leaders strengthening their brands and building their organizations’ reputations each and every day. The post Coldwell Banker Real Estate CMO David Marine Recognized as a 2022 HousingWire Marketing Leader appeared first on Coldwell Banker Blue Matter.

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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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Happy Canada Day!

Toronto Realty Blog

TorontoRealtyBlog. The post Happy Canada Day! appeared first on Toronto Realty Blog.

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Is This the Worst-Designed Room in ‘Battle on the Beach’ History? Plus, Noteworthy Homes on TV

Realtor.com

HBO Max / Peacock / Jessica McGowan/Getty Images / Realtor.com. “ House Party” is the official Realtor.com® podcast about the overlapping worlds of home and pop culture, hosted by Rachel Stults and Natalie Way. Click the player above to hear our take on this week’s hot topics. This week, Natalie lets everyone in on the Netflix press junket she attended where she interviewed the reality TV stars of “Selling the OC,” “Dream Home Makeover,” and more.

Design 59
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Will Housing Inventory Increase in 2022?

Mashvisor

In the past few years, the housing inventory saw some of its biggest shortages, shaping the entire housing market across the US. But is it recovering in 2022?

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How a Guarantor Can Help You Secure an Apartment: Everything You Need to Know 

Redfin

Whether you’ve been renting for years or you’re a first-time renter , having a lease guarantor lined up can help you secure your next apartment rental, especially in a competitive rental market like New York City. Not everyone needs a lease guarantor. If you have strong credit and can prove you have consistent income, most landlords and property managers will view you as a tenant they can rely on and will have difficulty turning you down for tenancy.

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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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Real Estate Text Message: Follow-Ups Done The Right Way

Lab Coat Agents

Most people are used to following up on important tasks by setting reminders. While most follow-up reminders bear a resemblance, there is one perfect way that you can use to follow up with your leads and prospects the right way. Why is it so important to have a proven follow-up process ? Because when it comes to follow-ups, there are several factors involved.

Agents 52
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7 Most Affordable Las Vegas Suburbs to Live In

Redfin

Las Vegas, Nevada , a desert paradise, has risen in popularity for those looking to move to the state. From the Las Vegas Strip, countless casinos, and nightlife to its Arts District, it shouldn’t come as a surprise nearly 675,000 people call this city home. As more people move here from other parts of the state or even across the country, it’s important to keep in mind that the median home sale price is $439,950 and the average rent for a 2-bedroom apartment in Las Vegas is $1,623.

Sales 62
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Crescent House

BubbleInfo

Kelly has done a masterful job getting mass exposure coast-to-coast, and here’s Architectural Digest’s tour.

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The Ultimate Guide on How to Get Rid of Mice in Your Apartment

Redfin

Are you hearing scratching and scurrying around your apartment at night? If you don’t have a cat to confirm your suspicions, you may need to look around for signs that you’re sharing your apartment with an unwelcome furry little friend. Rodent problems are common in big cities, especially in New York apartments , given that most apartments in New York are older multi-unit buildings.

As-is 62
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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.