Keeping Current Matters

DECEMBER 12, 2022

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind.

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Marketing 281

Housing Wire

DECEMBER 12, 2022

Figure Acquisition Corp. I , a blank check company affiliated with fintech Figure Technologies , plans to merge with a warehouse lender and bank holding company to potentially bring blockchain technology to the financial institution. The special purpose acquisition company announced Friday that it signed a non-binding letter of intent with the privately held $3-5 billion asset holding company with nationwide residential mortgage lending and servicing operations.

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Banks Mortgages Due diligence Technology 432

Maximum Exposure Real Estate

DECEMBER 12, 2022

Can a Buyer or Seller Break A Real Estate Contract? Can a seller back out of a contract? How about a buyer? Trying to back out of an offer is not all that uncommon. Once you have been in the real estate business long enough, you can be assured you are bound to hear the […]. The post Termination of Real Estate Contracts By Buyers and Sellers Explained appeared first on Maximum Real Estate Exposure.

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Marketing 135

Housing Wire

DECEMBER 12, 2022

Mortgage rates were on a declining trend in November despite the Federal Reserve ‘s efforts to tame inflation — but lower rates haven’t been enough to convince home buyers to lock in their mortgages rates in this volatile market. Rate lock dollar volume was down 21.5% month over month in November, remaining at the lowest level since February 2019, according to Black Knight ‘s originations market monitor report.

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Realtor.com

DECEMBER 12, 2022

Photo-Illustration by Realtor.com; Photos: Getty Images (4) Just when you thought 2021’s wild real estate ride was ending, 2022 arrived to deliver one smackdown after another. Mortgage rates and home prices jumped higher than we’d seen in recent years, and low inventory posed a problem for homebuyers and sellers alike. But amid the ups and downs of the real estate market, there were plenty of homeowners who were perfectly content staying put and looking for ways to beautify their liv

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Design Renovation As-is Land 122

Housing Wire

DECEMBER 12, 2022

There are reasons California-based Pennymac may want to forget 2022. The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market.

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Marketing Lending Banks Loans 418

Housing Wire

DECEMBER 12, 2022

In today’s high-rate environment, lenders are looking for innovative ways to optimize and automate processes for maximum cost savings and efficiency without compromising on the consumer experience. HousingWire recently spoke with Matt Regan, EVP of Transaction Management Systems at Flueid , about the need to redefine “instant title” to focus on adding value to loan evaluation and decision-making rather than just delivering the title commitment faster.

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Title Mortgages Loans Loan Officer 414

Easy Agent Pro

DECEMBER 12, 2022

Successful real estate communication requires strategy and consistency to yield the results you are looking for. Effectively converting leads into clients means you must build a relationship and communication with prospects is very important in this process. Chances are, you are familiar with the real estate sales funnel. Each step of this sales funnel to convert leads requires different levels of communication.

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Agents As-is Sales Marketing 116

RISMedia

DECEMBER 12, 2022

By Bill Gassett You might be wondering what the assessed value of your home is, but what about the appraised value? Though you might think that these are the same, this isn’t the case. The assessed value is more about what a community needs to collect for taxes, whereas the appraised value is an expert […]. The post How Are Appraised Value and Assessed Value Different?

Industrial 110

Industrial 110

Brownstoner

DECEMBER 12, 2022

Francis Roberts fought back tears in the witness stand of a Brooklyn courtroom Thursday as he explained how alleged harassment by his landlord and a tenant in his building has affected his life. “I've had to take on a whole new different lifestyle. It has affected my life in terms of… Read More > The post ‘All I’m Asking Is for a Normal Life,’ Crown Heights Tenant Pleads in Harassment Trial appeared first on Brownstoner.

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As-is Marketing 105

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

GeekEstate Agents & Brokers

DECEMBER 12, 2022

[Editors note: Originally posted on courted.io ]. Brokerage leaders, we’ve seen the headlines and the market data. The market is slowing down and has been for some time. This environment can trigger a number of thoughts about how agents need to position themselves for success in a slower market. While the market might be slower for your agents, we believe that recruiting is a huge opportunity for you right now.

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Agents Marketing Brokerage Technology 103

Realty Biz

DECEMBER 12, 2022

Emotions and divorce are never a good combination. It requires a logical and trained mind to split the property fairly and as agreed. There are several different legal ways that a property might have to be split. There might be a prenuptial agreement, or you might be in a community property state or an equitable distribution state. These are circumstances that will affect how real estate is divided in your situation.

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Purchase and sale agreement Equity Sales Title 100

Better Dwelling

DECEMBER 12, 2022

Canadians believe interest rates will fall soon, and it’s now obvious in real estate. That’s the take from BMO Capital Markets, who sees this having unintended consequences. In a weekend research piece, they explain more investors are holding out for rate cuts. This will lead to maintaining lofty growth expectations and sticky inflation, making cuts […].

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Marketing Investor Banks Mortgages 98

Realtor.com

DECEMBER 12, 2022

Netflix / 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. On this episode of “House Party,” we get into why Mark Wahlberg dropped the price of his Beverly Hills, CA, estate and why Ryan Seacrest accepted way less than the original asking price of his hillside mansion, also in Beverly Hills

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Brownstoner

DECEMBER 12, 2022

A new owner could boost the charm of this 1930s semi-detached brick house with a few updates while retaining some fun vintage details like a rumpus room with built-in bar. The 18-foot-wide home also has an original mantel, a generously sized kitchen and a detached garage Dating to 1931, the single-family… Read More > The post Flatlands Semi-Detached Brick Tudor With Mantel, Rumpus Room, Garage Asks $719K appeared first on Brownstoner.

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Construction Marketing 98

Lighter Side of Real Estate

DECEMBER 12, 2022

Plenty of people are trying to take a stab at predicting what the real estate market will do in 2023. Is there a bubble waiting to pop? Will prices crash? How much higher will mortgage rates get? So far, if you read through all of the predictions out there, it sounds like we should expect home prices to go down. Some say they’ll take a steep dive, while others say to expect slightly lower prices.

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Equity Agents Marketing Mortgages 98

Brownstoner

DECEMBER 12, 2022

In the News Why Some Hasidic Children Can’t Leave Failing Schools [NYT] New York Subway Fare Could Top $3 to Offset Steep Drop in Riders [NYT] How a DoBro Hotel Became Housing for Formerly Homeless People [NYT] Possums, Raccoons, Rats Overrun Red Hook NYCHA Complex: Residents [NYDN] StudioSkate Opens Pop-up Ice Rink in ‘Burg for… Read More > The post Daily Links: City Design Showing Plan to Widen, Rebuild BQE Highway in Brooklyn Alarms Locals appeared first on Brownstoner.

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Design 98

Real Trends

DECEMBER 12, 2022

It is that time of year again – when experts across the housing industry gaze into their crystal balls , read their tea leaves and look to the stars to predict what is in store for the housing market in the year to come. Given the wide range of forecasts for 2023, RealTrends decided to round up some of these predictions and ask real estate agents from across the country for their takes on what housing industry soothsayers predict will come to pass in 2023. .

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Marketing Investor Construction Agents 98

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Eye on Housing

DECEMBER 12, 2022

The most recent release of the Z.1 Financial Accounts of the United States shows a sharp slowdown in the quarter-over-quarter growth of households’ real estate assets. After six consecutive quarters of above 3 percent growth quarter-over-quarter, the third quarter of 2022 saw a 1.74% increase in households’ real estate asset value. The level of households’ real estate assets increased by.

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Equity Residential Mortgages Marketing 91

Real Trends

DECEMBER 12, 2022

The industry has undeniably encountered some unprecedented moments and m arkets over the past three years. From rapidly escalating interest rates to contingencies becoming nearly obsolete, we have all held on for what proved to be a wild ride. That said, even through the chaos, there remains consistency in the skills that are needed to effectively navigate the ebbs and flows while healthily cultivating the bottom line.

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Marketing Agents Branding Industrial 97

Bigger Pockets

DECEMBER 12, 2022

The economy is beginning to stall as the Fed has repeatedly increased its discount rate over the past few months to fight inflation. As Jerome Powell put it, “We have got […].

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Marketing As-is 89

Real Trends

DECEMBER 12, 2022

Milestones, an all-in-one homeowner portal, has hit a milestone of its own, licensing its product to 250,000 real estate agents, loan officers and their customers, the company has announced. Milestones was in stealth mode for three and a half years before being launched. Today, it partners with brokers, mortgage lenders, title companies, franchises, Realtor associations, and MLSs to help consumers access mortgage services.

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Agents Loan Officer Title Loans 88

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Bigger Pockets

DECEMBER 12, 2022

Rob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as […].

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As-is 89

BubbleInfo

DECEMBER 12, 2022

There shouldn’t be much new action for the rest of the month – it would be crazy to put a new listing on the MLS in the next 2-3 weeks. It means the current inventory – the lowest it’s been since May – couldn’t be any more picked over by those who don’t trust the […].

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MLS Marketing 88

Realty Biz

DECEMBER 12, 2022

Becoming a homeowner is the goal of many folks. Going from being a renter to a homeowner isn't always as easy as it seems. There is quite a bit to know about financing the purchase of a home. There are several things to consider when it comes to getting a mortgage. As a first-time home buyer, educating yourself on the process is essential to make things go as smoothly as possible.

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Debt-to-income ratio Mortgages Pre-approval Pre-qualification 87

Real Trends

DECEMBER 12, 2022

A photo may be worth a thousand words, but the listing description can still tell prospective homebuyers a lot about a property that the pictures just don’t convey. Snapping photos and collecting neighborhood data can be simple compared to writing the perfect listing description. . Should you describe the living spaces as large and open? Having lots of natural light?

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Agents Branding Renovation As-is 82

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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

The Close

DECEMBER 12, 2022

If you’re struggling to convert buyer leads, there are only six letters separating you from your dreams: LPMAMA. I know it sounds like a cliché, but the LPMAMA framework is at the very heart of what you do as a real estate professional. LPMAMA builds trust and rapport, educates buyers, and shows off your expertise—quickly and efficiently. The problem?

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Staging Purchase and sale agreement Agents Finance 81

Realtor.com

DECEMBER 12, 2022

Realtor.com A gorgeous and rare midcentury modern home in Washington, DC , is now available for $2,195,000. Most residences in the nation’s capital are row homes, stately manors, or condos, so it’s a treat to see an atomic-age gem in DC. Built in 1961 and known as the A. F. Maxwell House, the 3,344-square-foot, four-bedroom dwelling features glass facades and spacious cantilevered terraces.

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Commercial Renovation Design Construction 76

RISMedia

DECEMBER 12, 2022

By Brian Wallace There are countless factors that go into any consumer purchase. Factors like price, quality, and convenience are obvious, but others are less so. One factor that goes far under the radar is color, plain and simple. When it comes to marketing, modern shoppers actually consider color more than any other factor. That’s […]. The post The Psychology of Color in the Home…and Beyond appeared first on RISMedia's Housecall.

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Marketing Industrial 74

Realtor.com

DECEMBER 12, 2022

Realtor.com Designed to weather the elements in storm-prone Pensacola, FL , a domed waterfront home definitely stands out—or around, at least. The house was built in 2007 by owners who wanted a unique and, most importantly, hurricane-proof structure. “They weren’t always in Pensacola,” explains listing agent Bill Dyess , with Avast Realty.

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Land Design Agents Sales 75

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