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 341
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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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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 324
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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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3 things to know about the class action commissions lawsuit

Real Estate News

As the Moehrl vs. NAR, et al., lawsuit moves forward, these key details can help real estate pros understand the basics.

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DataDigest: Where renters can actually afford to buy

Housing Wire

With mortgage rates currently at 7.04%, many first-time homebuyers – typically millennials – will be forced to continue to rent. But the U.S. housing market is not a monolith, so today we’re going to look at some markets where affordability is within the normal renter’s reach. In a study published this week, First American economist Ksenia Potapov analyzed the share of homes that are affordable to the median renter in any given market.

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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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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 188
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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 143
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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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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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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 135
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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 115
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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 140
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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.

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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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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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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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‘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 122
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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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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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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 120
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Achieving an Abundance Mindset

The Residential Specialist

Ant Stroud, CRS, says it’s the little wins that make all the difference When it comes to real estate, Ant Stroud, CRS, likes to lead with abundance. It was his positive attitude and outgoing personality that got him involved in real estate back in 2016. After serving nine years active duty for the United States Military, Stroud was looking for a new source of income for him and his family.

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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 118
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A Look at the Top 10 Popular Destinations for Homebuyers on the Move

Broke Agent Media

BAM Key Details: A new Redfin report shows the number of Redfin.com users looking to relocate to different areas of the country fell 6% year over year, while within-metro moves fell 17%—nearly three times as much. For context, that number rose 23% in April 2022. As a percentage of total home purchases (a “slice of the homebuying pie”), out-of-town moves are holding up better than within-metro moves, with a record 25.2% of Redfin home shoppers looking to relocate to different metros

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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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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 115
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Daily Links: Landlords Must Now Tell Renters About Buildings’ Flood Propensity and History

Brownstoner

In the News Living the Golden Life: DanceAfrica Welcomes Ghana to Brooklyn [NYT] Testing New York Apartments: How Dirty Is That Gas Stove, Really? [NYT] BQE 2053: Building a Sustainable Visionary Brooklyn Queens Expressway [Eagle] Photographing the Lost World of Dubrow’s Deli in Midwood [BK Mag] Man in Custody After Commuter Pushed on Sunset Park… Read More > The post Daily Links: Landlords Must Now Tell Renters About Buildings’ Flood Propensity and History appeared first on Brow

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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 135
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State Farm no longer accepting homeowner insurance applications in California

Real Trends

Insurance giant State Farm announced last week that is no longer accepting homeowner insurance applications in California. The policy came into effect on Saturday, and it impacts anyone seeking a new business and personal lines property and casualty insurance policy in California. The company said it will continue to serve existing customers and the new policy does not impact personal auto insurance policies.

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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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KW Cares is 20! Its CEO reveals how leaders can mobilize agents to give

Inman

Alexia Rodriguez, CEO of KW Cares, Keller Williams' philanthropic arm, reflects on the nonprofit's 20th anniversary and why companies with employee hardship funds enjoy higher retention rates.

Agents 112
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Third Straight Week of Mortgage Application Decreases

RIS Media

Mortgage applications dipped again this week, down 3.7%, from last week’s 4.6% decrease, the third straight week of decreases, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending May 26, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.7% on a… The post Third Straight Week of Mortgage Application Decreases appeared first on RISMedia.

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‘Inflation is still running too high’: Homebuyers stunned by rate surge

Inman

Requests for purchase loans were down last week by 31 percent from a year ago as rates rose to new 2023 highs and homes remained scarce in many markets, according to the MBA's Weekly Mortgage Applications Survey.

Loans 111
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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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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.