Wed.May 31, 2023

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Professional Movers: A Well-Trained Team for a Hassle-Free Move

Realty Biz

Our well-trained movers ensure a seamless and hassle-free moving service. With their expertise and professionalism, you can be totally sure that they will handle properly and carefully all your items. It is no longer necessary to search for more packing, loading, and unloading services. Better life moving team can handle every aspect of your move. Please sit back, relax, and let our experts handle the logistics, making your relocation stress-free and smooth.

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CFPB orders OneMain Financial to pay $20M over sales practices

Housing Wire

The Consumer Financial Protection Bureau (CFPB) on Wednesday announced that it has ordered mortgage lender and servicer OneMain Financial to pay $20 million in redress and penalties stemming from sales practices the Bureau has called “deceptive.” Among the allegations, the CFPB alleged that the lender “pushed employees to hit sales targets and illegally withheld refunds.

Sales 397
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Where are home prices heading? Economists are split

Real Estate News

With so many factors pushing and pulling on the economy right now, there is little consensus on whether prices will rise or fall in the coming year.

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FHA unveils proposal for a new partial claim option

Housing Wire

The Federal Housing Administration (FHA) submitted for public comment on Wednesday its proposal to create a new partial claim option, a result of its acknowledgment that its current loss mitigation toolkit isn’t enough to support struggling borrowers as rates surge. The Payment Supplement Partial Claim will allow servicers to use the FHA partial claim to bring a borrower’s home loan current and temporarily reduce their monthly payments for a period of three to five years.

FHA loan 397
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Keys to Success for First-Time Homebuyers

Keeping Current Matters

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better.

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Rent reporting platform Boom raises $4.5M in seed round 

Housing Wire

Austin-based rent reporting fintech Boom announced on Wednesday that it has raised $4.5 million in a seed round to improve user experience, expand its product offerings and market its app to customers. The seed round was led by Chicago-based venture capital fund Starting Line , followed by Clocktower Technology Ventures , Company Ventures , Gilgamesh Ventures , and Plaid co-founders William Hockey and Zachary Perret.

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Alec Hanson named top marketer at loanDepot

Housing Wire

California-based lender loanDepot has promoted Alec Hanson , the company’s senior vice president of production for the West division, to the role of chief marketing officer. In this role, Hanson will lead a consolidated marketing team and oversee the development of the brand, digital marketing, and the organic and digital lead generation campaigns, the company said.

Marketing 370
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Mortgage activity at a 2-decade low

Real Estate News

A report from ATTOM found that elevated interest rates put a freeze on residential mortgages, refis and HELOCs in the first quarter of 2023.

Mortgages 264
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Side restructures, wants staffers based in the markets they serve

Inman

The company, which supports real estate professionals who want their own brand, plans to have its staff members work in the markets where its partners are based.

Marketing 158
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How to set goals, and 6 ways to achieve them

Real Estate News

Coaches and top agents share their tips for goal-setting success, starting with figuring out what you want, then taking small steps to get there.

Agents 260
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Redfin CEO, others deflate Elon Musk’s housing ‘meltdown’ theory

Inman

The Tesla CEO just predicted a coming collapse in the housing market, but Redfin CEO Glenn Kelman and other experts say the conditions that would lead to a meltdown just aren't there.

Marketing 148
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Atlanta Real Estate Market: Prices & Trends In 2023

Bigger Pockets

Are things "peachy" in Atlanta? Read the article to find out if you should invest here.

Marketing 130
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State Farm exits California homeowners’ insurance market

Inman

Inflation, construction costs and intensifying wildfire seasons pushed State Farm to stop taking new homeowners' insurance applications in California, the insurance giant announced Friday.

Marketing 148
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How to Invest in Medium-Term Rentals

Bigger Pockets

Medium-term rentals can be more profitable than long-term rentals and less stressful than their short-term counterparts.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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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How AAPI migration drives local real estate markets

Inman

The AAPI community is driving the local housing market in Washington, D.C., based on factors like cost and educational opportunity.

Marketing 148
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Despite Headwinds, Job Openings Rise

Eye on Housing

The count of open, unfilled jobs for the overall economy moved higher in April, rising to 10.1 million and complicating the June Federal Reserve decision. The higher job opening count for April increases the chance of another rate hike despite some speculation that May was the end of tightening. The count of open jobs was 11.8 million a year ago.

Marketing 122
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Where’s the line between personal and professional on social media?

Inman

There are so many different social media vibes, we wanted to know: Where's the line between personal and professional on social media?

Agents 148
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Insurance Giant Not Accepting New Policies in California

RIS Media

Last week, as most people were looking forward to porch parties and barbecues over the long weekend, one of the largest home insurers in the country had a different focus: lumber costs and wildfires. State Farm, which services 91 million policies across the country, announced last Saturday that it would no longer be offering new… The post Insurance Giant Not Accepting New Policies in California appeared first on RISMedia.

MLS 119
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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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Katzen Team repping Upper West Side townhouse conversion

Inman

The leading team at Douglas Elliman has launched sales at the recently renovated Renaissance-Revival building, which includes 10 one- to three-bedroom units, Inman has exclusively learned. One of the penthouses is already under contract.

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Upcoming GEM Event: How will ChatGPT plugins change real estate?

GeekEstate

Those of you with the paid version of ChatGPT may have tested a few of the real estate plugins. There are four that I’ve found so far are: Zumper Redfin Zillow Rentable In an GEM community event on June 20th at 9 am PST, Anthemos Georgiades from Zumper will be joined by a few product/engineering leads to talk through what they’ve built, and share a few early learnings.

Land 116
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‘Big Short’ investor warns of growing threat to home values

Inman

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.

Investor 148
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Zombie Foreclosures Continue to Increase

RIS Media

As of Q2 2023 about 1.3 million (1,285,633) residential properties across the U.S. are vacant, representing 1.3% (one in 79 homes), according to a new report from ATTOM. ATTOM’s Vacant Property and Zombie Foreclosure Report for Q2 2023 found that 311,508 residential properties are in the process of foreclosure, up 4.3% from last quarter and… The post Zombie Foreclosures Continue to Increase appeared first on RISMedia.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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A squad of economists is waging a stealth war on America’s ‘30% rule’

Inman

The Brooke Amendment — a law otherwise known as "the 30 percent rule" that has shaped U.S. housing policy since the 1960s — is in the crosshairs as spending on real estate soars to record heights.

As-is 147
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NAR’s Real Estate Investment Summit – A Three-Part Virtual Event

RIS Media

NAR PULSE—Presented by NAR’s Center for REALTOR® Financial Wellness and the Center for REALTOR® Development, agents will learn strategies for generating consistent cash flow. Each webinar (June 7, 14 and 21) will help turn your agents’ love of real estate into investments that fund their retirement. Turn Opt-in Email Lists Into Leads Email marketing is… The post NAR’s Real Estate Investment Summit – A Three-Part Virtual Event appeared first on RISMedia.

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Catapult agent productivity to new heights with these key strategies

Inman

Learn the strategies of agent productivity from a panel of top-performers as they discuss recruiting, training and empowering agents to conquer sales goals in a shifting market.

Agents 147
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Video of the Week: Casa Olivos in Rancho Santa Fe, California

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week.  Rancho Santa Fe, California | Pacific Sotheby’s International Realty Casa Olivos, a remarkable estate located on the prestigious west side of Rancho Santa Fe, is nestled within the coveted RSF Covenant. Designed by the renowned A.

Land 106
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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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Co-founder of UK’s LendInvest launches new US venture

Inman

Christian Faes' Los Angeles-based Faes & Co. will back tech-enabled direct lenders that cater to U.S. residential real estate investors including F2 Finance.

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Architect-Renovated PLG Limestone With Breakfast Nook, Central Air Asks $2.75 Million

Brownstoner

In the Prospect Lefferts Gardens Historic District, this early 20th century row house was designed by prolific architect Benjamin Driesler and recently updated by a Brooklyn design-build firm. While the original architect gave the interior its moldings, wood floors, and mantel, a 2016 renovation by reBuild Workshop brought a renovated… Read More > The post Architect-Renovated PLG Limestone With Breakfast Nook, Central Air Asks $2.75 Million appeared first on Brownstoner.

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When it comes to Instagram, how personal is too personal?

Inman

Start infusing your personality and perspective into your social media content to connect with your audience and increase engagement, writes social media expert Maris Callahan Messervey.

Agents 147
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Locals Plan Rally to Support Endangered Puerto Rican Social Hub Toñita’s in Williamsburg

Brownstoner

On Thursday, neighbors will gather outside 1 Center Street in Manhattan to support the owner of an important longtime community gathering spot and bar on the south side of Williamsburg, Caribbean Social Club, aka Toñita’s, as the beloved matriarch faces a legal summons. According to an Instagram post made by… Read More > The post Locals Plan Rally to Support Endangered Puerto Rican Social Hub Toñita’s in Williamsburg appeared first on Brownstoner.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.