Thu.Mar 09, 2023

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4 Tips for Making Your Best Offer on a Home

Keeping Current Matters

Are you planning to buy a home this spring?

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Fannie Mae rumored to be looking at forgoing title insurance

Housing Wire

The title insurance industry is often bemoaned for being antiquated and making minimal changes, but that has not been the case for the past 12 months. Nearly a year after announcing that it would begin accepting attorney opinion letters (AOLs) in lieu of title insurance in limited circumstances, Fannie Mae is yet again making waves in the title insurance industry.

Title 397
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A fifth week of rising mortgage rates dampens hopes for a busy spring

Real Estate News

Freddie Mac’s weekly survey reported yet another jump in the average 30-year mortgage rate, which is approaching its 2022 peak.

Mortgages 208
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Mortgage rates climb as Fed signals more aggressive rate hikes

Housing Wire

Federal Reserve Chairman Jerome Powell sent a clear message during his U.S. Senate speech on Tuesday morning: Fed officials are likely to deliver higher rate hikes than previously expected to combat persistent inflation. “As I mentioned, the latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated,” Powell said. “If the totality of the data were to indicate that faster

Mortgages 384
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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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Have down payment, will travel

Real Estate News

Relocation picked up in 2022, with buyers seeking out more affordable homes in Florida, Texas and California.

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FHA publishes final rule on the 40-year loan modification

Housing Wire

The Federal Housing Administration ( FHA ) announced this week that a final rule related to an increased 40-year loan modification term has been published in the Federal Register. The rule allows mortgagees to increase the maximum term of an FHA-insured mortgage loan modification from 360 to 480 months following a default. The FHA also published Mortgagee Letter 2023-06 , which establishes the policies for FHA lenders.

Loans 370

More Trending

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 Home Point is shrinking but still losing money

Housing Wire

Like most of its publicly traded peers, Home Point Capital, the parent company of wholesale lender Homepoint , shrank in 2022 to adapt to a shrinking mortgage market. But its cost-cutting initiatives were not enough to return the lender to profitability. The possibility of Home Point being sold isn’t out of the realm of possibility, the company’s CEO said.

Principal 370
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Gary Keller’s 6 steps for doing more in today’s market

Inman

In this shifting market, agents will have to do more to achieve the same results they were getting before, writes Adam Hergenrother. Here, he breaks down Gary Keller’s formula for doing more and how you can take action to do more and achieve more this year.

Marketing 167
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FTC sues to stop ICE-Black Knight merger, says it would “drive up costs”

Housing Wire

The Federal Trade Commission (FTC) on Thursday sued to block the proposed $13 billion merger between Intercontinental Exchange Inc. and rival mortgage software firm Black Knight. The merger would give ICE and Black Knight a significant position in the market for loan origination software, which it could use to push customers to its other mortgage services and products instead of rivals’ offerings, the agency argued.

Mortgages 370
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AI will upend content marketing. 4 ways to stay ahead of the curve

Inman

Focus on creating high-quality pieces that resonate with your target audience and meet their evolving needs. With the right approach, you can stay ahead of the curve in the age of AI-powered search engines.

Marketing 167
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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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LoanCare to implement Black Knight loss mitigation solution

Housing Wire

Black Knight, Inc. on Thursday announced that mortgage loan sub-servicing provider LoanCare will implement the Black Knight Loss Mitigation solution to support homeowners in need of mortgage payment assistance programs. LoanCare , which services loans for banks, credit unions, independent mortgage companies and portfolio investors, also renewed its contract for Black Knight’s mortgage service software MSP, which includes the system’s abilities to integrate with technologies and data, regulatory

Investor 370
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NAR appoints top-producing agent Jennifer Wauhob to leadership team

Inman

Jennifer Wauhob, who leads a 7-agent team for Better Homes and Gardens Real Estate Gary Greene in Houston, will take up the role of VP of association affairs following the death of Margo Wheeler earlier this year.

Agents 155
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Cost of Constructing a Home in 2022

Eye on Housing

The NAHB recently published its latest Cost of Construction Survey. Results show that 60.8% of the average home sale price consisted of construction costs, essentially unchanged from the 61.1% posted in 2019. Since the inception of this series in 1998, this was the fourth time construction costs represent over 60% of the total price of the home (2013: 61.

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Appraiser ordered to watch exposé on Black homeowners she lowballed

Inman

Paul Austin and wife Tenisha Tate-Austin sued appraiser Janette Miller in 2021 after a lowball quote prompted the couple to pose a white friend as the homeowner for a second appraisal.

Banks 148
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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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7 Steps to Growing Your Business on Instagram as a New Agent

Broke Agent Media

When you’re a new agent, learning agent tactics can swallow up your day. There’s so much to take in, and you can’t afford to waste time on things that don’t grow your business. It’s easy to leave agent marketing behind—but it’s the very thing that catches the eye of people in your market who need help buying or selling a home. How and where you market yourself greatly impacts your ability to attract clients, even for those just starting out in the business.

Agents 98
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How to maintain a boutique feel as your brokerage expands

Inman

Growth is great, but a business is only as strong as its foundation. As you scale up, continue to prioritize the things that matter most — your clients, your team and your brand.

Brokerage 155
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Southern Home Tour - Glimpses of the South

Hank Miller Team

Let's take a southern home tour Whether it is a historic home or new build, we love the architecture of the south. Our team member and resident photographer, Mary Miller, fills her Instagram (@glimpsesofthesouth) with beautiful southern homes that highlight their architectural details, gardens, and holiday style. She features Historic Marietta homes, Charleston homes, Downtown Woodstock homes include farmhouse style homes, cottage style and old southern mansions - we love them all Southern Home

Design 98
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MoxiWorks and Milestones team up to offer digital home management

Inman

The partnership will allow agents at more than 800 brokerages access to post-close software, providing new owners the ability to monitor the financial and operational state of their home.

Brokerage 148
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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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BAM Approved Video Equipment (Gear for Every Budget!)

Broke Agent Media

When it comes to video equipment, you need four essentials: a camera, audio gear, a tripod, and lighting. Sounds simple enough, right? But choosing the right equipment can be a daunting task. Luckily, we’ve got you covered. BAM’s lead video producer, Bobby Kawecki, has curated the best options for everyone. No matter how big or small your budget, you’ll find the perfect equipment to suit your needs.

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Realty ONE Group plants flag in Cayman Islands and Cyprus

Inman

The new franchises add to the brand's presence across the globe in more than 400 offices in 49 states, Washington D.C., Puerto Rico, Canada and several other countries.

Branding 148
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Packing For Moving Tips

Maximum Exposure Real Estate

The Best Packing Tips For Moving Do you know how to pack your house for a move? Would you like some packing tips for moving? Moving and packing are the most stressful parts of buying or selling a house. No doubt there is a lot of advice online for this subject. No one ever said […] The post Packing For Moving Tips appeared first on Maximum Real Estate Exposure.

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The future of social media: ChatGPT on Instagram for the win

Inman

Watch the new Inman Access class featuring Michelle Berman, CEO of Berman Media PD, as she walks through best practices and pitfalls to avoid when using ChatGPT to generate social media content.

Agents 147
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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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The Cost For Moving With PODS Explained

Maximum Exposure Real Estate

How Much Does Moving With PODS Cost? Are you wondering about PODS movers and their pricing? PODS moving can be an excellent alternative to renting a self-storage unit. If you are considering using portable storage for your move, the cost of moving with PODS will be an essential factor. We will look at the cost […] The post The Cost For Moving With PODS Explained appeared first on Maximum Real Estate Exposure.

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LoanDepot founder Anthony Hsieh determined to shake up board

Inman

After being ousted as executive chair, Hsieh says he controls enough voting shares to install veteran real estate executive Steve Ozonian on the mortgage lender's board of directors.

Mortgages 147
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Sotheby’s International Realty Expands in Louisiana

Sotheby's International Real Estate

Sotheby’s International Realty has announced that HomeServices Southern Properties has joined the network and will now operate as Crescent Sotheby’s International Realty. The addition marks the brand’s continued growth in the state of Louisiana and its sixth office in the state. The company is owned and operated by Kyle Tallo, who brings 22 years of experience to the company.

As-is 98
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Broker Spotlight: Lyles Geer, William Means Real Estate

Inman

Learn how this Charleston, South Carolina, broker puts his own unique stamp on family tradition at William Means Real Estate.

Brokerage 155
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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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Sustainability trends that could change the real estate sector in 2023

Realty Biz

As for any industry out there, trends come and go. But the sustainability trends projected for 2023 are about to change the future of real estate, according to experts. The real estate sector is thinking big about climate action. 2022 was impactful, as the focus was on decarbonization and data protection. And now, as we look ahead to 2023, more changes are hitting the horizon.

Finance 98
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Instagram and ChatGPT, hiring mistakes and market entry

Inman

Tune in to hear experts discuss the merging of AI and social media, hiring mistakes to avoid, and how agents can nurture their databases.

Marketing 147
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What are the Best Types of Loans for First Time Home Buyers?

Realty Biz

If you’re new to the whole house-hunting game, it can be a daunting process indeed. One of the most challenging issues that first-time home buyers face is almost certainly finding the right mortgage for them and their needs. Thankfully, there are several different types of mortgages available for people buying their first property. Here are some of the best types of loans for first-time home buyers.

Loans 96
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This 22-year-old agent did $16M in Year 1. Here’s how he did it

Inman

Jimmy Burgess sits down with Noah Escobar, a 22-year-old real estate agent with Berkshire Hathaway HomeServices Beach Properties of Florida closed and contracted over $16 million in sales volume in his first full calendar year as an agent.

Agents 114
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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.