Mon.Feb 14, 2022

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How Does Days on Market Impact Home Sales: DOM Explained

Maximum Exposure Real Estate

What is DOM in Real Estate? During the home buying or selling process, you might encounter new terms and abbreviations you don’t understand. One such abbreviation might be DOM, which means Days on Market. The DOM meaning is the number of days that the home has been listed in the MLS. It starts from when […]. The post How Does Days on Market Impact Home Sales: DOM Explained appeared first on Massachusetts Real Estate Exposure.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Redfin CEO Glenn Kelman. Grace Alipour spoke loudly into the phone over the cries of her two-year-old being strapped into a car seat. “I started at Redfin 12 years ago,” she said. “And in 2017, I decided to go on full-time as a lead agent.”. Representing homebuyers in Orange County, California, Alipour generally completed 2-3 escrows a month while many colleagues did 4-5.

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Are You Ready To Fall in Love with Homeownership?

Keeping Current Matters

Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes.

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CFPB hopes to reverse court decision that handed Ocwen a win last year

Housing Wire

Nearly a year after a federal judge dismissed the Consumer Financial Protection Bureau ‘s mortgage servicing misconduct suit against Ocwen Financial Corp. , the watchdog agency is hoping to overturn the decision. During oral arguments in Miami before the U.S. Court of Appeals for the Eleventh Circuit, Lawrence DeMille-Wagman, CFPB’s attorney, argued that a consent agreement from 2013 did not excuse the mortgage servicer from future violations and that Ocwen is on the hook for alleged wrong

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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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America’s racial homeownership gaps remain focus of the present and future

The American Genius for Real Estate

NAR CEO Bob Goldberg calls the racial homeownership gaps "the most consequential civil rights issue of our day" in this editorial. The post America’s racial homeownership gaps remain focus of the present and future appeared first on The American Genius Real Estate.

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NAHB 2022 “Priced Out” Estimates

Eye on Housing

NAHB recently released its 2022 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that 87.5 million households (roughly 69 percent of all U.S. households) are not able to afford a new median priced new home in 2022, meaning their incomes are insufficient to qualify for a mortgage under standard underwriting criteria. .

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Inventory Watch

BubbleInfo

The number of NSDCC active listings has been in a tight range of 167-179 over the last six weeks – which means there is a strong surge of new pendings, evidenced by the purple line racing upward. The number of homes in escrow has grown from 142 on January 10th to 193 today! As of […].

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Sutton Group Management Ltd. acquires Sutton Group – West Coast Realty

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Sutton Group Management Ltd. acquires Sutton Group – West Coast Realty. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Michael Lam, president and CEO of SGM, says the latest acquisition brings the total number of real estate agents working with SGM to about 1,500.

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Will Real Estate Digital Marketing Continue to Evolve? 

Realty Biz

Real estate digital marketing will evolve as new technologies arise and customer demand changes. Predictions and trends for digital marketing in 2022 are already painting the picture of the future: new privacy regulations pose new challenges for advertisers; AI takes over all channels of communication and marketing; and social media remains a powerful channel for digital marketing and advertising.

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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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Justin Havre & Associates raises $295,000 for Calgary charities

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Justin Havre & Associates raises $295,000 for Calgary charities. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Justin Havre & Associates at Re/Max First in Calgary has donated $295,000 to Calgary partner charities for 2021.

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Brooklyn Heights Anglo-Italianate With Wood Burning Fireplaces, Elevator Asks $7.25 Million

Brownstoner

It has the narrow width of a classic Anglo-Italianate but this renovated Brooklyn Heights two-family has an expansive five floors of living space -- and the means to access it via the rare amenity of an elevator. On a scenic bit of Willow Street in the Brooklyn Heights Historic District,… Read More > The post Brooklyn Heights Anglo-Italianate With Wood Burning Fireplaces, Elevator Asks $7.25 Million appeared first on Brownstoner.

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One Year Later: It’s Time to Rethink Marketing…Again

RIS Media

One thing will always be true in our industry: change is constant. When the pandemic hit, we all had to adapt quickly as far as the way in which we were showing and marketing homes. Now that we’ve adjusted, it’s time to change once again. We don’t need another overhaul, but we need to make sure we don’t take the new expectations that resulted from the pandemic and try to force-fit them into the old models.

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Mortgage and refinance rates today, Feb. 14, 2022

The Mortgage Report

Today’s mortgage and refinance rates Happy Valentine’s Day! Average mortgage rates edged a little higher last Friday. But key markets were spooked by the possibility of a Russian invasion of […].

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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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Ask Brian: Is Inflation Increasing the Cost to Buy a Home?

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 Cora outside of Chicago : Hello Brian. Not being a financial genius, all the headlines and chaos around first-time buyers are driving me nuts.

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Why Maintenance Techs and Reliable Vendors are Growing Harder to Find

App Folio

We speak a lot about the staffing challenges facing the property management industry. A recent NAA survey sponsored by AppFolio.

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Ask Brownstoner: How Can I Find Out More About the Houses on My Crown Heights Block?

Brownstoner

Brownstoner often gets inquiries from readers asking for more information about the age, style or architect of a particular building, the background of a history-making Brooklynite or the architectural history of a neighborhood. While we can't conduct in-depth research for every intriguing question, we can provide a bit of… Read More > The post Ask Brownstoner: How Can I Find Out More About the Houses on My Crown Heights Block?

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Delaware First-Time Home Buyer: 2022 Programs and Grants

The Mortgage Report

A Delaware first-time home buyer can find lots of help. That might include a special mortgage, education courses, or down payment assistance.

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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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With Caribbean Shops, Flatbush Caton Market Reopens in New Rental Tower on Old Site

Brownstoner

The Flatbush Caton Market has reopened in its original space, inhabiting the ground floor of a new, 14-floor residential building on the site of its old home. Its new name, Flatbush Central, seeks to orient the venerable Caribbean marketplace as a central institution of the neighborhood. The new, modern site at… Read More > The post With Caribbean Shops, Flatbush Caton Market Reopens in New Rental Tower on Old Site appeared first on Brownstoner.

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AgentPulse Q1 2022: Creative lead gen for listings is No. 1 priority for agents

Real Trends

It’s still a good market, and the agents surveyed in the first quarterly RealTrends’ AgentPulse are expecting it to continue into Q2 2022, despite the top three challenges mentioned being low inventory, inflation and interest rates and housing affordability. Some 71% of the agents surveyed felt optimistic about the next three months, while 20% felt neutral.

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Daily Links: Questions After Fort Greene’s Willoughby Open Street Suddenly Closes, Opens

Brownstoner

In the News The Center That Shaped Black Life in 1970s Brooklyn [NYT] Eric Adams Is Pushing a Plan to Speed Up Buses. Will It Work? [NYT] NYC Covid Cases at Lowest Levels Since November, Still Falling [amNY] Greenpoint Clothing Store Celebrates 15 Years of Business [Greenpointers] Shoplifters Aren’t the Reason New York’s Chain Pharmacies… Read More > The post Daily Links: Questions After Fort Greene’s Willoughby Open Street Suddenly Closes, Opens appeared first on Brownstoner.

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Ready to Rank? Deadline Approaching for RISMedia’s Power Broker Survey

RIS Media

RISMedia’s 34th Annual Power Broker Survey, the industry’s longest-running, preeminent ranking by residential sales volume and transactions, is now open. To participate in the survey this year, brokers are required to have completed a minimum of $75 million in sales volume and 250 transactions in 2021. Don’t miss your company’s opportunity to be ranked among the nation’s top brokers in the industry’s esteemed annual directory!

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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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Homebuyers’ concerns over virtual tour privacy

Realty Biz

Out of all the concerns homebuyers could have when looking at a property, one would never guess virtual tour privacy would come around. Unfortunately, the worldwide pandemic has changed how businesses operate across industries. Real estate is not an exception. With the restrictions and social distancing, it became impossible to have an open house and work an entire day, showing a home to one buyer after another.

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Dream of homeownership is still alive in 2022, despite barriers

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Dream of homeownership is still alive in 2022, despite barriers. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. An overwhelming majority of Canadians are feeling the pinch when it comes to the bills, maintaining their lifestyles and buying a home.

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Questions to Ask Before Hiring a Public Adjuster

Realty Biz

As a homeowner, you understand why it is important to carry homeowner’s insurance and faithfully make the payments that will keep the policy active for the unexpected moment when you might need it. When you least expect it, you may be facing a leak from the toilet or washing machine or any other damage to your home that needs to be addressed. You call your insurance agent to let them know what has happened and hopefully solve the problem.

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Indulge in a Tour of Sotheby’s Luxury Edit

Sotheby's International Real Estate

The Luxury Edit Series juxtaposes modernity with tradition, showcasing the season’s best luxury items through a fresh lens. In this video, join Regine Ngan and Joey Luk, who head up the Jewelry and Watches Departments at Sotheby’s Asia, as well as entrepreneur Colleen Yu Fung, to explore the highlights from Sotheby’s Luxury Edit auctions. ?.

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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.