Tue.Apr 26, 2022

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The crypto-mortgage is the new kid on the block

Housing Wire

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints.

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How Homeownership Can Help Shield You from Inflation

Keeping Current Matters

If you’re following along with the news today, you’ve likely heard about rising inflation.

Marketing 248
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CFPB’s Chopra has answers on appraisals, mortgage servicers, credit scoring

Housing Wire

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra provided updates on the watchdog agency’s housing-related priorities in testimony before the Senate Banking Committee. Chopra said the CFPB would still be watching mortgage servicers, as it has repeatedly promised, to make sure they are not “cutting corners.” The watchdog agency will also be working with other federal agencies to intervene in policies and regulation that could impact mortgage lenders and residential appraisers.

Mortgages 397
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Upcoming GEM Soirées — San Francisco and Chicago

GeekEstate

The fifth and sixth event in the GEM Soirée series are coming up. One next week in San Francisco on Cinco de Mayo, followed by an event in Chicago on May 19th. Each an evening to mingle and celebrate the industry’s progress with real estate tech founders, execs, VCs, and practitioners. San Francisco: A gathering at Modernist (a members’ club) on May 5th from 4:30 to 6:30.

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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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How originators can capitalize on reverse mortgage business in light of the changing housing market

Housing Wire

With a housing market in transition , originators are looking to seize profitable opportunities that benefit both borrowers and their own bottom lines. HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. .

Mortgages 370
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New Home Sales Fall on Higher Rates

Eye on Housing

New single-family home sales declined in March as mortgage rates jumped to the highest levels since the start of the pandemic. Per Freddie Mac, the 30-year fixed rate mortgage was 3.89 at the end of February and had climbed to 4.67 at the end of March. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau estimated.

Sales 119

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Homeowners Should Have Some “Fear of Missing Out” on This Market

Lighter Side of Real Estate

If you’ve been thinking about selling and hesitating or simply waiting, you may want to start thinking about how you’ll feel if you miss out on the best time to sell your house in a long time. You never know when (or if) conditions will be like this in the real estate market again. It’s been a sellers’ market for quite some time now, and with rates going up significantly and home prices still historically high, there’s a lot of chatter about whether or not there’s a real estate “bubble” that’s a

Marketing 113
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Judge’s ruling: it’s heartland homeowners v. NAR

Housing Wire

The U.S. residential real estate economy as we know it is far from cooked, but a judge has turned on the front burner. Stephen Bough, a judge for the federal court in Kansas City, Missouri certified a class action lawsuit in a written ruling Friday that makes “hundreds of thousands” of U.S. housing consumers the plaintiff in a now potentially historic case.

Brokerage 370
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Make Empathy a Priority With the Help of Technology

App Folio

Retention — of both residents and employees — is a key factor in the success of any property management business.

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Hsieh stepping back to be loanDepot’s executive chairman

Housing Wire

Nonbank heavyweight loanDepot announced on Tuesday changes in its top management, with founder and chairman Anthony Hsieh no longer leading daily operations. He will instead take a more strategic leadership role in the company. Hsieh, who is also the loanDepot’s main shareholder , will be the executive chairman, responsible for guiding the company’s strategy.

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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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Will mortgage rates go up after the May Fed meeting?

The Mortgage Report

The May Federal Reserve meeting is expected to spark further mortgage rate growth following a big hike to the fed funds rate.

Mortgages 105
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7 Real Estate Marketing Materials That Will Help You Build a Better Personal Brand

The Close

If you want to build a personal brand that generates business while you sleep, choosing the right real estate marketing materials is crucial. Why? Simple. Second only to your time and emotional energy, your marketing materials are your most precious assets. Think of them as the vehicle that delivers your personal brand to the world. . Of course, even experienced agents are having a hard time choosing which marketing materials to spend their hard-earned time and money on.

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Mortgage and refinance rates today, April 26, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates finally caught a break yesterday. And they fell by a worthwhile amount. Be grateful for small mercies. So far this morning, it’s […].

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Realogy Named to Forbes List of Best Employers for Diversity 2022

RIS Media

Realogy Holdings Corp. has announced that it was again named by Forbes as one of the Best Employers for Diversity. The esteemed award, presented by Forbes and Statista Inc., evaluates companies based on direct recommendations from employees, indirect evaluation of competitor diversity efforts, diversity among top executives and board members, and other diversity engagement indicators, a release stated. “As the leader in U.S. residential real estate, Realogy has a tremendous opportunity to

Equity 98
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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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THE GREAT RESIGNATION ISN’T A THREAT FOR TOP REAL ESTATE BRANDS ANNUAL REPORT REVEALS AGENT SENTIMENT AND RANKS THEIR PRIORITIES

Coldwell Banker

Coldwell Banker Real Estate ranked higher than any other brand in agent satisfaction. The post THE GREAT RESIGNATION ISN’T A THREAT FOR TOP REAL ESTATE BRANDS ANNUAL REPORT REVEALS AGENT SENTIMENT AND RANKS THEIR PRIORITIES appeared first on Coldwell Banker Blue Matter.

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Midwood Two-Bedroom Sponsor Unit With Deco Arches, Renovated Kitchen, Two Baths Asks $465K

Brownstoner

In Midwood, this sponsor unit offers some Deco details along with an updated kitchen and the bonus of two full bathrooms. It is on the second floor of a six-story 1930s building known as the Versailles at 1717 Avenue N. The brick building, which wraps around Avenue N to 18th… Read More > The post Midwood Two-Bedroom Sponsor Unit With Deco Arches, Renovated Kitchen, Two Baths Asks $465K appeared first on Brownstoner.

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Platinum Realty Joins United Real Estate Group

RIS Media

United® Real Estate Group has announced it has merged with a Midwest powerhouse, Platinum Realty, bringing its agent count to nearly 20,000 nationwide. The alliance with Platinum Realty and over 2,100 agents across the Midwest greatly expands and strengthens United’s national service footprint. This dynamic partnership brings together two of the Inc. 5000 ’s fastest-growing private companies in America.

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Do I Need a Real Estate Divorce Specialist to Sell My Home?

HomeLight

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of selling your home in a divorce, HomeLight always encourages you to reach out to your own advisor. Dividing assets during a divorce is always unpleasant. And when it requires selling a home, any disagreement in the selling process can escalate quickly.

Agents 98
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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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Tampa Condo Sold as Real Property NFT via Blockchain-Powered Propy Platform

RIS Media

Propy has successfully completed another real property NFT sale from start to finish, the company has announced. Through Propy’s Web3 and blockchain-powered platform, the property, a Tampa Condo, received multiple offers over a 24-hour period and sold for $185,000 USDC. Ownership transferred within 15 minutes, the company stated. A release on the event added that the 24-hour sale was held on Propy’s new NFT Marketplace that was developed exclusively for real property NFTs such as this one.

Banks 98
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Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Prospect Lefferts Gardens, Bay Ridge and Park Slope. How did they fare? A location on the first floor may be a positive for some buyers and a negative for others, but either… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

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First-Time Buyers Delay Entering the Market

RIS Media

According to recent data from the Federal Reserve, the average age of homebuyers rose to an all-time high of 55 in 2020—and only 31% of those were first-time buyers, the lowest share since 1987. Millennials, while the largest generation in the U.S., are lagging behind their older counterparts when it comes to homebuying, and there are several reasons why, including market volatility, affordability, high mortgage rates and low inventory.

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Crown Heights Tenants Join in Rent Strike to Protest Living Conditions

Brownstoner

The tenants of two adjacent apartment buildings on Sterling Place in Crown Heights have launched a rent strike in protest of what they say are egregious living conditions and neglect from their landlord, five months after their next-door neighbors launched their own strike on similar grounds. Residents of 1402 and 1408… Read More > The post Crown Heights Tenants Join in Rent Strike to Protest Living Conditions appeared first on Brownstoner.

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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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Home Price Surge Persists in February, but for How Much Longer?

RIS Media

While a series of macroeconomic factors impede affordability, the persisting imbalance of supply and demand helped single-family home prices maintain their upward trajectory in February 2022, according to the most recent S&P CoreLogic/Case-Shiller Indices. The index showed that home prices appreciated 19.8% during the month, up from 19.1% in January.

Equity 98
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Daily Links: MTA Watchdog Launches Investigation Into Faulty Sunset Park Subway Cameras

Brownstoner

In the News These Brooklyn Parties Start With a Blank Canvas (and a Little Cannabis) [NYT] Brooklyn Real Works Finds and Develops Cinema's Future Stars [Eagle] Is NYCHA Still Using Marijuana Offenses as Grounds for Eviction? [BK Reader] Brooklyn Actor Talks Industry Representation in ‘Actors With Issues’ [BP] MTA Watchdog Launches Probe Into Faulty Sunset… Read More > The post Daily Links: MTA Watchdog Launches Investigation Into Faulty Sunset Park Subway Cameras appeared first on Brow

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Half of REALTORS® Report Working With Green Homes

RIS Media

In its annual report and survey on all things green this year, the National Association of REALTORS® (NAR) continues to find practicality, interest and representation in the environmentally conscious real estate sector—though the perceived value of green features and information about them seems to still be lacking in some areas. At the highest level—and most relevant to the average real estate professional— sustainable and green real estate transactions are becoming more common, with nearly twi

MLS 98
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The 10-Step Plan My $1 Billion Team Uses to Find Homes for Desperate Buyers

The Close

If you spend any time on Realtor Facebook groups like Lab Coat Agents these days, you will hear the same complaint again and again: “I have tons of buyers but no homes for them!” Well, join the club! Inventory here in Colorado is tighter than it has ever been and homes sell the first weekend they’re listed. It’s enough to make any buyer agent want to throw in the towel. .

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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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6 Characteristics of Humility in Leadership

RIS Media

Writing about humility in leadership doesn’t feel very humble. For me, it’s especially challenging as I would rather stay out of the headlines and just do my thing at Delta. This topic also requires me to be a bit transparent about myself, providing insight into what makes me tick as a leader. I believe that one of the most important characteristics of humble leaders is that what they do is not about them.

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20 Best Apps for Real Estate Agents

Tom Ferry

The more efficient you can become in your business, the more success you’re going to enjoy and more money you’re going to make. With that in mind, we’re introducing you to our complete list of best real estate apps for agents that can help you take your business to the next level. The video above […]. The post 20 Best Apps for Real Estate Agents appeared first on Tom Ferry.

Agents 95
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Icon Properties Affiliates With Century 21 Real Estate

RIS Media

Century 21 Real Estate has announced that Port Jefferson, New York-based Icon Properties has affiliated with the brand to operate as CENTURY 21 Icon. Broker/Owner Raquel Fernadez will head up the newly affiliated firm, which will serve buyers and sellers throughout southeastern New York State from Montauk to Manhattan. “My passion is serving the public and making their personalized real estate dreams a reality,” said Fernandez.

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The simple secret to keep your real estate lead pipeline full

Real Trends

There are some power-packed business strategies that can make all the difference in the success of your real estate business, especially when running a productive and profitable real estate team. Here’s one that can be an immediate game changer for keeping your real estate pipeline full! Whenever the opportunity arises, I ask our industry’s best agents to share a success principle that’s made all the difference when it comes to the productivity of their team.

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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.