Realty Biz
AUGUST 9, 2022
Every savvy real estate professional knows that the bulk of your marketing and brand-building efforts for your business are done online. There are dozens of ways to accomplish this, from paid advertising to social media marketing to email list building and more, but one of the most effective ways to build your brand as a real estate agent is to optimize your real estate website.
Housing Wire
AUGUST 9, 2022
Not many would count the title industry among the economy’s technology leaders. Candidly, there’s good reason for that. For decades, settlement services firms staked their reputations on personalized customer service and regional or local expertise, rather than cutting-edge technologies. More than a few observers have referred to us as a mom-and-pop industry because it’s comprised of a significant number of small agencies.
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Keeping Current Matters
AUGUST 9, 2022
There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years.
Housing Wire
AUGUST 9, 2022
California-based mortgage lender loanDepot is shutting down its wholesale division amid plummeting origination volumes and widening financial losses in the second quarter. The decision to close the channel also reflects fierce competition from its peers in the broker space, primarily from United Wholesale Mortgage (UWM). The announcement on Tuesday came alongside a $223.8 million loss in the second quarter of 2022, more than double the $91.3 million loss in the first quarter of 2022.
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Marco Santarelli
AUGUST 9, 2022
The North Carolina housing market continues to be robust in 2022 by a combination of high demand, limited supply, and steadily increasing house selling prices. In June 2022, the typical home in the state of North Carolina was valued at $320,291. That’s a whopping 27.4% increase year-over-year (YoY), and Zillow predicts the market will continue to rise over the next twelve months.
Housing Wire
AUGUST 9, 2022
The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp. The REIT, which is managed by investment advisor Western Asset Management Co. LLC , recently announced that it is exploring a potential company sale or merger in the wake of posting a $22.4 million net loss for the second quarter ended June 30, — on the heels of posting
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
AUGUST 9, 2022
Vesta Loan Origination System. Vesta is the next generation loan origination system (LOS) specifically built to help lenders transform to technology companies. Vesta is building a fault-tolerant & fully audited system of record centered around a customizable task engine that enables business teams to update and automate processes without code, and offers open API’s that allow lenders to choose or build their own point solutions.
The Close
AUGUST 9, 2022
Innovation in real estate tech happens at a rapid pace. It seems like every week there’s a new company or tool poised to disrupt the real estate space with groundbreaking technology. As The Close’s resident real estate Technology Analyst, it’s my job to stay on top of real estate tech trends and keep our readers in the loop on the technology that could potentially disrupt the way they (and their buyers and sellers) do business.
Housing Wire
AUGUST 9, 2022
AIQ by ICE Mortgage Technology. AIQ by ICE Mortgage Technology , is an omnichannel solution that leverages artificial intelligence that enables lenders, investors, and servicers to automate manual workflows and increase productivity and quality, while reducing risk and boosting ROI. Product Fast Facts. #1. Lenders — Boost productivity by 30% and increase the average customer ROI by 400%. #2.
Real Trends
AUGUST 9, 2022
The share of for-sale homes listed for longer than a month grew in July. During the month, the share of homes that were listed for 30 days or longer without going under contract rose 12.5% from July 2021 to 61.2%, according to a report from Redfin published on Tuesday. The report analyzed for sale listings in the 50 most populous U.S. metropolitan areas, identifying the share of “stale” listings, or those that were on the market for at least 30 days without going under contract.
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.
Housing Wire
AUGUST 9, 2022
CoreLogic Title & Closing Solution. The CoreLogic Title & Closing Solution syncs your order management, secures all vendor communications and document transfers, and ultimately improves your borrower’s experience. It supports retail origination – both purchase and refinance, home equity, default servicing, and wholesale lending channels.
Real Trends
AUGUST 9, 2022
No matter how the market is performing, real estate remains a relationship-centric business, even with the rise of the tech-focused brokerage model. And of course, the agent remains the key advisor entrusted with one of the biggest personal financial decisions a person will make in their lifetime. Now is the time for agents to consider who the potential homebuyers and sellers of today are and the best ways to engage with them. .
Housing Wire
AUGUST 9, 2022
Rachel Luna, principal of Patriot Title Company. With over 13,000 followers on Instagram , Rachel Luna, the principal of Texas-based Patriot Title Company , is the self-proclaimed “Texas Title Queen.” Luna has worked her way through the ranks and is now among the most recognizable pros in the title industry. “I have worked every position in the title industry, from the front desk to file clerk, to copy girl, to a notary, to an escrow officer.
Lighter Side of Real Estate
AUGUST 9, 2022
Even though mortgage rates dipped below 5% this past week , they’re still higher than they were just a few short months ago. This has priced some home buyers out of the market, and caused others to take a wait-and-see approach, hoping for rates to drop back down to historically low levels. It’s understandable why current buyers would want to hope and wait, but it’s impossible to say if rates will ever go back down to the 2% or 3% range, let alone soon.
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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.
Housing Wire
AUGUST 9, 2022
Qualia Connect. Qualia Connect enables lenders to standardize the way you work with title and settlement companies. Automate your operations with any title company in order to deliver secure, on-time, and error-free closings. Product Fast Facts. #1. Automated Order Placement & Information Exchange: Automatically place orders and trigger information requests directly from your LOS. #2.
Sotheby's International Real Estate
AUGUST 9, 2022
With its luxurious, historic, often architecturally significant estates and dramatic vistas of the bay and the Golden Gate Bridge, Pacific Heights has long been known as one of San Francisco’s most prestigious and coveted neighborhoods. This consummately chic condominium home—occupying a full floor of a refined building and replete with superior details and amenities—is perfectly at home in its location in the very heart of this rarefied, storied setting.
Housing Wire
AUGUST 9, 2022
Black Knight ‘s Optimal Blue product, pricing and eligibility (PPE) engine added a location-based pricing feature amid a slowdown in the mortgage market. The functionality expansion will assist investors and lenders in promoting affordable housing in underserved markets, the firm said. The new capability automates the process of collecting census tract data to deliver applicable pricing premiums at the time of rate quote.
McKissock
AUGUST 9, 2022
Need to get your real estate budget into shape to maximize your earnings? Whether you’re budgeting for your business or wondering how you should allocate your earnings from real estate, budgeting is crucial to succeeding in a world of commission checks. Here’s what real estate agents across the country had to say about how they approaching their real estate budgeting. 1.
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.
Housing Wire
AUGUST 9, 2022
Two advisory and brokerage firms active in the mortgage servicing rights (MSR) market recently unveiled three new mortgage servicing offerings for agency loan portfolios valued in total at $4 billion. The new offerings are a sign that MSR trading continues to be healthy, although sources close to market indicate that the dynamics fueling MSR sales have changed since the start of the year — with prices for MSR packages now plateauing.
Realty Biz
AUGUST 9, 2022
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 WildCat in CA: Hi Brian, I’ve been with Sierra for three years and we’ve decided to get married. At first, I was incredibly excited about this but after a few days, I started thinking about some of the implications.
Housing Wire
AUGUST 9, 2022
René Rodriguez, the author of the best-selling book, “Amplify your Influence: Transform how you Communicate and Lead,” is slated to share his expert insights on leadership and influence during the Vanguard Forum at HW Annual this year. Joining as the keynote speaker for what should be the most powerful room in housing, Rodriguez kicks off the invite-only forum on Oct. 4. .
App Folio
AUGUST 9, 2022
Despite a historic climb in rent prices and surging demand for units nationwide, today’s property managers are contending with a.
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.
Housing Wire
AUGUST 9, 2022
United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, posted a drop in origination volume and profits in the second quarter compared to the first three months of 2022, even after maintaining its gain-on-sale margins and increasing the fair value of mortgage servicing rights (MSRs). But the Pontiac, Michigan-based lender improved its performance compared to the same period of 2021 , as the company has adopted a more aggressive pricing strategy to win in a purchase market.
Eye on Housing
AUGUST 9, 2022
According to NAHB analysis of the Survey of Construction (SOC), new single-family starts expanded at a fast pace in 2021. Nationally, 1,133,145 new single-family units were started in 2021, 14% higher than the units started in 2020. It marked the fastest growth rate since 2013 and the highest count of starts since the Great Recession. Among all the nine Census.
Housing Wire
AUGUST 9, 2022
CARE. CARE is Sagent’s consumer platform that links a modern, bank-on-your-phone experience for borrowers with seamless human care from servicers. Borrowers can manage payments and escrows, plus monitor home equity, new offers, and tax matters. They can also quickly apply for and resolve forbearances and loan mods during hardships. Product Fast Facts. #1.
Real Estate Investar
AUGUST 9, 2022
Property prices across the country have continue to slow down, with the latest data from CoreLogic showing national values declined 1.3% in the last month.
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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.
The American Genius for Real Estate
AUGUST 9, 2022
How to better qualify leads: get enough information to decide how likely the opportunity will convert into sales. The post Ask these 5 questions to qualify leads like a sales professional appeared first on The American Genius Real Estate.
Brownstoner
AUGUST 9, 2022
We were amazed to find longtime Fort Greene grocery store Greene Grape Provisions shuttered when we stopped by this morning. The entire building was vacated by order of the DOB on Wednesday, August 3. A notice from owner Amy Bennett on the storefront, located at 767 Fulton Street, promises "We'll… Read More > The post Fort Greene Grocery Stalwart Greene Grape Shutters, Building Vacated appeared first on Brownstoner.
RISMedia
AUGUST 9, 2022
By Lizzie Weakley If you have just bought a plot of land and are interested in building a new dream home, the entire process can feel overwhelming to get started. Between figuring out the number of rooms to have and the style of the home's exterior, you may not know where to begin. Take the […]. The post 5 Steps for Designing Your Dream Home appeared first on RISMedia's Housecall.
Brownstoner
AUGUST 9, 2022
This top floor Brooklyn Heights one-bedroom has prewar details like wall moldings, picture rails and wood floors along with a kitchen that seems generously sized for the scale of the apartment. Located at 35 Clark Street, the seven-story building is just a short walk from the Brooklyn Heights Promenade. Completed in… Read More > The post Brooklyn Heights Prewar With Moldings, Wood Floors Asks $835K appeared first on Brownstoner.
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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