Keeping Current Matters

MAY 3, 2022

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common.

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Mortgages Sales 244

Housing Wire

MAY 3, 2022

Fintech and fractional home-equity lender Point has raised an additional $115 million through a Series C fundraising round led by venture capital firm WestCap. The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. The Palo Alto, California-based Point plans to use the funding to expand its product line as well as its market footprint — from an existing 16 states and the District of Columbia to 28 mar

Equity 424

Equity Investor Loans Residential 424

Brownstoner

MAY 3, 2022

Descendants of five 19th century Black women abolitionists, alongside local activists and community members, are urging the City to create a cultural destination in Downtown Brooklyn that honors the area’s rich abolitionist history with a statue and heritage center celebrating the historically significant women and many others who fought against… Read More > The post After Abolitionist Landmark Win, Activists Fight to Create Brooklyn Civil Rights Destination appeared first on Brownston

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Development 124

Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. As a member of HW+, you get access to 30-minute Slack Q&As, where we invite the HW Media newsroom to break down the hottest topics in the industry. This Q&A was hosted in the HW+ Slack channel, which is exclusively available to members.

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Marketing Mortgages Sales As-is 414

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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.

Agents

The American Genius for Real Estate

MAY 3, 2022

(REAL ESTATE) Housing affordability was already a widespread challenge before current economic pressures were applied, but now home prices are skyrocketing. The post Home prices jump double digits in majority of American metros [report] appeared first on The American Genius Real Estate.

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Housing Wire

MAY 3, 2022

Nonbank heavyweight loanDepot will unveil a home equity line of credit (HELOC) product in the third quarter of 2022, the first offering of its recently launched mello business unit. Fast-rising mortgage rates, recently cresting above 5% , have reduced refinance volumes by 70% year over year as of the end of April. The lender seeks to expand its product portfolio to help compensate for the lost volume, like most competitors.

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Equity Loans Loan Officer Technology 393

Housing Wire

MAY 3, 2022

Between February 2020 and January 2022, we witnessed something in the mortgage industry that we thought we’d never see — 30-year fixed-rate mortgages under 3.5%. These rates drew a record number of people refinancing their homes, with cash out refinances reaching $1.2 trillion in 2021. Then, in what felt like an instant, in Q1 2022 mortgage rates skyrocketed and the refi boom ended.

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Equity Fixed-rate mortgage Principal Mortgages 393

Coldwell Banker

MAY 3, 2022

There’s something magical about watching a movie on a warm summer night under the stars with friends. If you’re not close to one of the few drive-in theaters still in existence, no worries – you can easily transform your backyard into an outdoor home theater. Here are five tips for turning your backyard into a […]. The post Five Tips for an Awesome Outdoor Movie Night appeared first on Coldwell Banker Blue Matter.

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Closing 102

Housing Wire

MAY 3, 2022

The courtship is over. The Agency , a Beverly Hills-based brokerage that has been around since 2011, announced Tuesday that it has bought Triplemint , a Manhattan shop started in 2013 by Yale college classmates David Walker and Phillip Lang. Rainy Hake Austin, president of The Agency, declined in an interview to say how much her firm, a private company, paid for Triplemint.

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Brokerage Equity Agents Branding 393

Realty Biz

MAY 3, 2022

As concerns over internet privacy and online harassment continue to grow, Google last week announced that users now have a way to remove personal information such as their physical addresses, personal phone numbers and email addresses from its search engine results. In a statement, Google said the changes were made so that users can protect themselves from “unwanted direct contact or even physical harm”.

Banks 104

Banks As-is Marketing 104

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.

Loans

Housing Wire

MAY 3, 2022

A Palo Alto, California-based fintech startup Point , which bills itself as allowing homeowners to tap into future home appreciation, closed on a $115 million Series C funding round, the company announced Tuesday. Point now says it has raised $170 million in equity capital. WestCap Group , a New York City-based investor, led the funding with existing backers Andreessen Horowitz , Ribbit Capital , mortgage real estate investment trust Redwood Trust and Atalaya Capital Management participating, Po

Equity 381

Equity Investor Closing costs Finance 381

The Residential Specialist

MAY 3, 2022

Agents may have to adjust their marketing strategies when selling an eco-friendly home. By Regina Ludes. John Young, CRS, had only a cursory knowledge of energy-efficient homes when he began upgrading an older home he had bought several years ago. After getting an energy audit through a home inspection company, he followed recommendations to install foam insulation in the attic, replace the furnace and heat pumps with more energy-efficient models, and add solar panels to the roof.

Marketing 98

Marketing MLS Agents Design 98

Housing Wire

MAY 3, 2022

New Residential Investment Corp.’ s first quarter earnings repeat the logic of rising interest rates lowering origination profits but increasing servicing gains, as reported by companies such as Mr. Cooper and Ocwen last week. The real estate investment trust reported on Tuesday $690 million in net income for the first quarter, a 267% increase from the prior quarter.

Residential 370

Residential Principal Loans Mortgages 370

Realty Biz

MAY 3, 2022

Nowadays, it seems like everybody is looking for ways to make their homes more unique and beautiful. But sometimes, it’s tough to find the motivation to make big improvements. This is where small, simple, and inexpensive home improvement projects come in handy. If you’re looking to add some instant value to your home and don’t have the time or money to spend on huge renovations, try these 8 easy home improvement projects that will transform your home and give you a boost of mot

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Renovation Equity Design As-is 98

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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.

Sales

RIS Media

MAY 3, 2022

Are you looking for a place to store your belongings while you’re on vacation or just need some extra space for the week? Maybe you are selling your home and have some interim storage needs before you move to your next home? It’s not uncommon to need storage space when buying and selling a home. A self-storage unit might be perfect for you.

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Agents As-is Industrial 98

BubbleInfo

MAY 3, 2022

The big concern for long-time homeowners today is having to pay capital-gains tax on the net profit that’s ABOVE the exempted $500,000 for married couples. While the 2-out-of-5-year rule that was passed in 1997 is due for some adjusting, there haven’t been any indications that the politicians will re-visit the issue. What can homeowners do […].

Sales 98

Sales Marketing 98

RIS Media

MAY 3, 2022

U.S. home prices continued to post significant year-over-year gains in March, up by 20.9%, another record high, according to the latest CoreLogic Home Price Index (HPI ) and HPI Forecast for March 2022 from CoreLogic. Even with the past year’s streak of double-digit price increases, annual gains are projected to slow to around 6% by next March, due in part to rising mortgage rates and higher home prices hampering affordability for some home shoppers, according to the report.

Principal 98

Principal Mortgages Closing Agents 98

Brownstoner

MAY 3, 2022

This three-room apartment has some vintage charm and appears to be in move-in condition, something of a rarity for an income-restricted HDFC co-op. It's on the third floor of 374 South 2nd Street in Williamsburg. The six-story, 41-unit tan brick building dates from 1924 and has some neo-Classical touches such… Read More > The post Jazz Age HDFC Co-op With One Bedroom, Moldings, Parquet in Williamsburg Asks $425K appeared first on Brownstoner.

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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.

Agents

RIS Media

MAY 3, 2022

Every real estate agent has the difficult task of finding a cure for one of the most common dilemmas homeowners face today: “I have to sell in order to buy” or “I don’t know where I will go if my house sells quickly.” . The fear and concern are very real, and traditional methods like submitting offer after offer with a contingency to sell, place our clients at a disadvantage.

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Equity Agents Development Brokerage 98

The Residential Specialist

MAY 3, 2022

By Yatin Karnik, Founder and CEO, Confer, Inc. If you want to help your clients and take your real estate business to the next level, become an expert on something homebuyers are clamoring to learn about: junk fees. Banks and lending participants are using hidden and confusing fees to defraud your clients. What are junk fees? Junk fees are itemized charges tacked on to the closing cost by the lender.

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Lending Closing costs Loans Banks 97

RIS Media

MAY 3, 2022

In today’s highly competitive and fast-paced environment, it’s easy for your agents to get into a ‘checklist’ routine of doing things quickly and without an effective strategy. Meaning, they are going through the motions and not proactively and strategically marketing a new listing in a manner that allows the ability to drive more buyers to the property.

Marketing 98

Marketing Branding MLS Agents 98

The Mortgage Report

MAY 3, 2022

Today’s mortgage and refinance rates Average mortgage rates climbed appreciably yesterday. And they set a new recent high, meaning they were at their highest level since 2009. Of course, compare […].

Mortgages 96

Mortgages 96

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.

Agents

RIS Media

MAY 3, 2022

Every real estate business owner hits a snag in their business at some point. From not meeting revenue goals to missing the profit targets that were set out early on, everyone in the industry finds themselves unable to shake off some roadblock from time to time. But as common as this is, fortunately, there are only a few, everyday challenges that today’s brokers seem to struggle with: Retaining talent.

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Technology Brokerage Finance Agents 98

Eye on Housing

MAY 3, 2022

The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs increased slightly to 396,000 unfilled positions in March. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019.

Construction 95

Construction Industrial Marketing 95

RIS Media

MAY 3, 2022

The future is shaped by those who inspire others to follow their lead, whether in bold action or provoking thought. This is true of any industry and real estate is no exception. To recognize those driving real estate forward, we celebrate the Futurists and Influencers in our annual RISMedia Real Estate Newsmakers awards. These individuals have demonstrated that they have the ability to redefine the industry, and boast an exceptional ability to foretell what the future holds for real estate.

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Industrial Agents As-is Brokerage 98

Eye on Housing

MAY 3, 2022

The Census Bureau recently released its 2021 Metropolitan Statistical Area (MSA) annual population estimates. Between 2020 and 2021, 251 (65%) of the 384 MSAs within the 50 states and the District of Columbia experienced population increases, albeit small on percentage terms. The MSAs’ combined total population increased from 286,195,308 in 2020 to 286,472,775 in 2021, approximately a 0.1% increase.

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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.

Agents

RIS Media

MAY 3, 2022

The strain on housing affordability has continued to push many buyers to look for better prospects in the market over the past two years. New research from realtor.com® shows that the trend hasn’t let up as cost pressures send home shoppers across state lines at a higher rate. The report found that buyers interested in out-of-state listings rose 4.1% in the first three months of 2022 to 40.5% compared to the first quarter last year.

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Marketing Staging As-is Mortgages 97

Coldwell Banker

MAY 3, 2022

The Coldwell Banker brand extended agreements for 17 affiliated companies in Q1 2022 and renewed 101 affiliated companies in 2021. The post Coldwell Banker Real Estate Reveals Impressive Growth in Q1 2022 and High Retention in 2021 appeared first on Coldwell Banker Blue Matter.

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Branding 93

RIS Media

MAY 3, 2022

Compass has announced that it has signed a definitive agreement to acquire Consumer’s Title Company of California, Inc. Licensed in all 58 counties in California, Consumer’s Title expands Compass’ settlement services footprint in the region. “I am thrilled to welcome Consumer’s Title to Compass as we work to expand our closing services business throughout the state of California and beyond,” said Pooneet Kant, SVP of New Business at Compass.

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Title Technology Closing Agents 96

Brownstoner

MAY 3, 2022

In the News After a Two-Year Dip, Evictions Accelerate in New York [NYT] NYC Enters a Higher Coronavirus Risk Level as Case Numbers Rise [NYT] Greenpoint Congregation Warns Against 'Predatory' Church [Greenpointers] Cinco de Mayo Becomes Cinco Auténtico With ‘Mexico in My Pocket’ [BK Reader] Write a Poem or Make a Flag About Bed Stuy… Read More > The post Daily Links: With Cases Going Upward, NYC Moves to a Higher Coronavirus Risk Level appeared first on Brownstoner.

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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.

Sales