Mon.May 13, 2024

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FSOC recommends more regulation and liquidity for nonbank servicers

Housing Wire

A recently published report by the Financial Stability Oversight Council (FSOC) identified vulnerabilities at nonbank mortgage servicers that pose risks to financial stability. It recommended increased regulation and initiatives to improve these companies’ liquidity during moments of stress, but mortgage trade groups have different reactions to the proposals.

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3 top takeaways from NAR’s legislative meetings

Real Estate News

Membership numbers defied expectations, while member dues and leadership announcements paint a picture of an association focused on stability.

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Where real estate agents can find listings today

Housing Wire

Inventory is still low and that’s exactly why it’s important to target the sellers who are more likely to move. This increases your chance of listing opportunities. I suggest finding at least one new opportunity from the list shared below. Perfect your process. Then choose another! To find the listings right now you need to find the sellers that have to move.

Agents 408
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Your essential marketing toolkit for a post-NAR settlement landscape

Inman

Ready to transform the way you communicate your value to clients? Marketing expert Marci James helps you reshape the agent-client relationship by prioritizing clear communication and exceptional results.

Marketing 172
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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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Second-home mortgage market slumped in 2023: Redfin

Housing Wire

In 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates and soaring home prices. Simultaneously, the appetite for second homes also diminished substantially. Nationwide, 90,772 mortgages for second homes were originated in 2023, down 40% from a year earlier and down 65% from the height of the post-pandemic housing boom in 2021, according to a new report from Redfin.

Mortgages 407
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Owners of Marilyn Monroe house sue LA over demolition

Inman

The lawsuit filed last week alleges that the city of LA took part in "backroom machinations" in order to landmark a house that does not meet criteria for status as a historic cultural monument to "arrange the desired outcome.

Design 168

More Trending

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Meet a high-touch underdog taking on the search portal Goliaths

Inman

Movoto may be a familiar name, but under OJO's ownership the brand is quietly embarking on a David-and-Goliath struggle for a place in the portal pantheon.

Branding 164
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Social Security Administration updates SSI program to expand access

Housing Wire

The Social Security Administration (SSA) late last week announced that it is making changes to the Supplemental Security Income (SSI) benefit program. Notably, it is expanding the definition of a “public assistance household” to those receiving Supplemental Nutrition Assistance Program (SNAP) payments and to households “where not all members receive public assistance,” according to the SSA.

Equity 372
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Avoid these top 5 rookie mistakes in real estate marketing

Inman

From neglecting digital platforms to disregarding personal branding, Side's Manny Solis writes, here are five critical rookie mistakes that often derail real estate marketing campaigns.

Marketing 154
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UWM’s Agnes Standowicz on leadership strategy and harnessing technology

Housing Wire

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Women of Influence award are open now through May 31, 2024. Click here to nominate someone. HousingWire’s Women of Influence award has become one of the housing industry’s most prestigious honors, celebrating female leaders in housing who cover a wide range of backgrounds.

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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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Why luxury leads in today’s market

Inman

As the demand for ultra-luxury properties persists, learn how agents can rise to the challenge and secure the most coveted listings in today's competitive market.

Marketing 157
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Former Norcom reverse mortgage team moving to Supreme Lending

Housing Wire

The former reverse mortgage team from Norcom Mortgage in Avon, Connecticut — which elected not to move to CMG Financial following its acquisition of Norcom last month — has selected Texas-based Supreme Lending as its new home, with John Luddy serving as SVP of reverse lending. After engaging in conversations with multiple lenders following the news of the team’s departure from Norcom/CMG, Luddy credits Supreme’s Candice McNaught — the lender’s senior vice president of national sales — as the key

Lending 361
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Home Prices Are Climbing in These Top Cities

Keeping Current Matters

Thinking about buying a home or selling your current one to find a better fit?

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Mother Lode acquires Wisconsin Title Service Co.

Housing Wire

Title firm Mother Lode Holding Co. , a subsidiary of big four firm First American Financial , announced Monday that it has acquired Wisconsin Title Service Co. Inc. The terms of the deal were not disclosed. According to Mother Lode Holding Co., the acquisition includes Wisconsin Title Service Co.’s sister company, Wisconsin Title Closing Service Inc., as well as its title plants in Milwaukee, Waukesha, Walworth and Washington counties.

Title 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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1,500-agent Tennessee real estate brokerage joins Compass

Inman

Forty-nine-year-old Nashville firm Parks Real Estate has merged with Compass. The firm has 15 offices across the state and closed $6.25 billion in sales in 2023.

Brokerage 151
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Top Tennessee brokerage merges with Compass

Housing Wire

Compass is continuing to expand its presence in the Southeast, announcing Monday that Tennessee -based Parks Real Estate has merged with the firm This is Compass’ second major merger and acquisition deal in the second quarter of 2024. In April, the Robert Reffkin -helmed firm announced that it had acquired Gulf Coast-based Latter & Blum. Parks Real Estate includes the Pilkerton Realtors brand and is led by CEO Hunter Connelly.

Brokerage 382
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What agents and brokers really want to tell each other: Intel survey

Inman

Agents and brokers talk. A lot. But what's left unsaid may be nearly as important. Intel analyzed survey responses of hundreds of real estate professionals for insights into an unbreakable bond.

Agents 141
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Guaranteed Rate expands its Community Engagement Initiative

Housing Wire

Chicago -based mortgage lender Guaranteed Rate rolled out the second wave of its Community Engagement Initiative, the company announced on Monday. Launched in 2023, the program aims to improve funded loan volumes in underserved communities nationwide. “Traditional lending practices have overlooked Black and Latino communities, as well as low to moderate-income areas,” Camilo Escalante, executive director of diverse segments at Guaranteed Rate, said in a statement.

Loans 335
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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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Getting loud about my heritage has shaped my life and career

Inman

Celebrate AAPI month with Atlanta team leader Amy Tep by taking the time to understand the many different types of people who are part of the AAPI community.

Brokerage 149
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Understanding Mold in Homes: What it is, Common Causes and Why It’s a Concern

RIS Media

Mold is a fungus that thrives in damp environments, often becoming a concern in homes. It produces spores that travel through the air and can settle on moist surfaces, leading to rapid growth. Mold’s presence in homes can pose significant health risks and cause structural damage, making it essential for homeowners and buyers to understand.… The post Understanding Mold in Homes: What it is, Common Causes and Why It’s a Concern appeared first on RISMedia.

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Demand for vacation homes plummeted in 2023

Inman

United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022.

Mortgages 168
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21 Tasks For Spring Home Maintenance: Tips You’ll Love

Maximum Exposure Real Estate

Your Spring Home Maintenance Checklist Would you like a spring home maintenance checklist to ensure things around your property are handled? As a homeowner, you always have plenty to do to care for your home. But there are better tasks during certain times of the year, and Spring is no exception. Some maintenance tasks should […] The post 21 Tasks For Spring Home Maintenance: Tips You’ll Love appeared first on Maximum Real Estate Exposure.

As-is 125
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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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American Cancer Society relists former NFL owner’s home for $35M

Inman

After years of trying to sell the mansion alongside the Potomac River, former Washington Commanders owner Dan Snyder donated the estate to the ACS. Now the charity is attempting its own sale.

Sales 139
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NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition

RIS Media

The National Association of REALTORS® today opened applications for the “Pitch Battle” competition taking place at the 2024 Innovation, Opportunity & Investment (iOi) Summit, the premier event for real estate technology. The sixth annual iOi Summit will take place Aug. 28-29 in Chicago, Illinois. The Pitch Battle competition, presented by NAR’s venture capital arm Second… The post NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition appeared first on RISMe

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Affordability Pyramid Shows 64.8 Million Households Cannot Buy a $250,000 Home

Eye on Housing

As described in a previous post, NAHB recently released its 2024 Priced-Out Estimates showing 103.5 million households are not able to afford a median priced new home and an additional 106,031 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how.

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FBS Welcomes 4 New Customers to the Flexmls® Platform

RIS Media

FBS, leading provider of MLS technology, announces the addition of Northwest Indiana Realtor Association (NIRA), Great Smoky Mountains Association of Realtors (GSMAR), Mexican Association of Real Estate Professionals (AMPI), and Ulster County Board of Realtors (UCBR) to the Flexmls® platform, signaling a strong start to the year on the heels of an impactful 2023.

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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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Home Inspection For a Condo Tips and Advice

Maximum Exposure Real Estate

Are you wondering if you need a condo inspection? Condominiums offer a unique lifestyle and investment opportunity, but just like any home purchase, a thorough inspection is critical before you buy. Understanding the nuances of a condo inspection can save you from unforeseen expenses and headaches. I will help you learn the following vital information: […] The post Home Inspection For a Condo Tips and Advice appeared first on Maximum Real Estate Exposure.

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LeadingRE Expands Solutions Group Program

RIS Media

Leading Real Estate Companies of the World® has added HOMEstretch to its Solutions Group program of preferred business resources, used by the company’s global network of 550 market-leading real estate firms. HOMEstretch–operating in seven U.S. cities with plans for national expansion–provides value-added services to prepare homes for sale, including home clear-outs, interior and exterior painting,… The post LeadingRE Expands Solutions Group Program appeared first on RISMedia.

Sales 119
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What Exactly Does a Property Management Company Do?

Bigger Pockets

A property management company plays a vital role in overseeing the daily operations of rental properties to ensure efficient tenant management while maximizing profitability.

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Webinar Recap: The Power of Being Available 24/7—How to Level-Up Responsiveness for Stronger Client Connections

RIS Media

In the latest RISMedia webinar—“The Power of Being Available 24/7: How to Level-Up Responsiveness for Stronger Client Connections”—panelists Mandy Rewis, head of Business Development and Partnerships at SignMore; Eric Landry, associate broker at Portside Real Estate Group; and Angela Adams, REALTOR® with Michael Saunders & Company, discuss elevating agent responsiveness and communication to create stronger… The post Webinar Recap: The Power of Being Available 24/7—How to Level-Up Respo

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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.