Maximum Exposure Real Estate
JANUARY 18, 2023
What to Know About a Right of First Refusal Clause in Real Estate Sales Do you have your home for sale, and a buyer has proposed a right of first refusal? Over my nearly thirty-seven years in the business, numerous clients have asked me what a right of first refusal is and how they work. […]. The post First Right of Refusal: What You Need to Know appeared first on Maximum Real Estate Exposure.
Housing Wire
JANUARY 18, 2023
Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. The brutal low origination volume and industry consolidation that occurred for lenders in 2022 isn’t expected to turn around, at least not drastically, in 2023, according to Fitch Ratings. “Our outlook for mortgage originators and servicers is deteriorating,” Shampa Bhattacharya, the director of the financial institutions group at Fitch Ra
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Keeping Current Matters
JANUARY 18, 2023
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers.
Housing Wire
JANUARY 18, 2023
Like its competitors, Tennessee-based First Community Mortgage, Inc. (FCM) reduced the company’s size through 2022 amid a tough mortgage market. At the start of 2023, the company is investing in training the sales team on tactics to start growing the business again. Surprisingly, the landscape is helping. “There is certainly optimism in the air as mortgage applications have started to pick up on,” Keith Canter, CEO at First Community Mortgage, said. “The optimism is
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Inman
JANUARY 18, 2023
Suarez, who will speak on multiple panels during Inman Connect New York Jan. 24-26, talked with Inman ahead of his appearances to discuss the current market and plans for 2023.
Housing Wire
JANUARY 18, 2023
Pennymac , the country’s largest correspondent lender with about 14% market share, has its eyes fixed on absorbing origination volume that Wells Fargo is leaving behind in the correspondent channel. . The California-based lender plans to increase its client base in the bank and credit union segment where Wells Fargo was most active, Abbie Tidmore, senior managing director and chief revenue officer, at Pennymac told HousingWire.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 18, 2023
Today’s housing market has many looking for ways to cash in their equity, especially older homeowners. However, the standard HELOC isn’t the right choice for everyone. HousingWire recently spoke with Adrian Prieto, SVP of wholesale and third-party relationships at Longbridge Financial, about the advantages of HECMs and how they better serve homeowners aged 62 and older.
Inman
JANUARY 18, 2023
After two months of declines, mortgage rates are now at their lowest level since September with potential to spur spring homebuying, according to MBA economist Mike Fratantoni.
Housing Wire
JANUARY 18, 2023
From an appraiser shortage to turn-time challenges amid record-breaking volumes, the past few years have been a whirlwind for the appraisal industry. HousingWire recently sat down with Jaro Managing Director Gareth Borcherds to learn what steps housing professionals can take to speed up appraisals. HousingWire: What steps can housing professionals take to ensure a faster appraisal?
Inman
JANUARY 18, 2023
The flexible-spending model real estate franchise beat out a number of other real estate franchises assessed by Franchise Business Review this year, including Keller Williams, Weichert Real Estate, Sotheby's International Realty and others.
Advertiser: Trellis
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.
Housing Wire
JANUARY 18, 2023
Columbus, Ohio-headquartered lender Lower rolled out mortgage as a service platform that enables consumer finance, banking and real estate companies to offer its mortgage products. . Lower’s platform is aimed to offer a “digital-first home financing experience quickly and easily” with white-label options available that can be embedded into the partner’s process through application programming interface (API) and no-code solutions, the firm said on Tuesday.
Inman
JANUARY 18, 2023
If you are considering taking on a foreclosure listing, you need to make sure it is the best solution for all involved parties. Listing expert Minna Reid says you need to ask these five questions before you list the home for sale.
Eye on Housing
JANUARY 18, 2023
The producer price index (PPI) for inputs to residential construction less energy (i.e. building materials) rose 8.3% in 2022 (not seasonally adjusted) according to the latest PPI report—less than one-half the increase seen in 2021. On a monthly basis, building materials prices declined 0.3% in December—the fourth consecutive monthly decrease. After increasing an average of 1.8% per month the first five.
Inman
JANUARY 18, 2023
Inventory rose 69 percent, and sales fell 38 percent to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX.
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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.
Realtor.com
JANUARY 18, 2023
Milkos/iStock This might seem like a perfectly innocent question from home buyers, but watch out—if you’re the home seller they’re asking, this is one of the diciest questions you can answer. The reason: Pretty much any explanation you give is bound to contain revealing info that these home buyers could use against you, thereby compromising your negotiating power.
Inman
JANUARY 18, 2023
Led by managing partners Grant Ludwick, Matt Robinson and Nick Wilhite, the office will build on the company's growing presence across the U.S., Canada, Mexico the Caribbean and Europe.
Realty Biz
JANUARY 18, 2023
CENTURY 21® AllPoints Realty and CENTURY® Blue Marlin Pelican are pleased to announce a strategic partnership that marks a major expansion for both family-owned, real estate brokerage powerhouses. This partnership will allow both companies to join forces and leverage each other’s strengths in order to provide their agent base and clients with the best tools and service.
Inman
JANUARY 18, 2023
Seligman brings to Douglas Elliman more than two decades of experience in human resources management roles at a number of luxury and beauty companies, including Arcade Beauty, L'Occitane en Provence, Tiffany & Co., Shiseido and more.
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.
Realtor.com
JANUARY 18, 2023
SARINYAPINNGAM/iStock This phrase describes home buyers who’ve purchased property they can’t easily afford—and are now paying the price, as it were. “If you can’t spend your income the way you want to because so much of it is going to housing expenses, you’re house poor,” says Debra Neiman , a financial planner at Neiman & Associates Financial Services in Arlington, MA.
Inman
JANUARY 18, 2023
The six-month loan is a component of Home Swap that allows clients to prepare a home for market through basic repairs, small finish upgrades, painting and other items buyers look for in a home.
BubbleInfo
JANUARY 18, 2023
Some people haven’t gotten off the couch yet so it’s hard to say if all of the comments are an accurate depiction of what’s happening. But those who are willing to leave an upbeat tweet must feel pretty good about them, knowing that the rath of real estate twitter will descend upon anything positive.
Inman
JANUARY 18, 2023
All of the biggest players in real estate are cutting costs, but some are better off than others to weather the storm, Mike DelPrete argues in his first exclusive filing for Inman Intel.
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.
Realty Biz
JANUARY 18, 2023
Favorite books. Pleasant curly-haired girl packing a pile of books into a big box before moving out of the room in the dormitory. Moving bills can quickly add up and exert undue financial strain. However, you can make it happen even on a budget. All you need to do is cut some unnecessary expenses. The good thing about drafting a budget is that it helps you prioritize your priorities.
Inman
JANUARY 18, 2023
Brian Walshe, 47, was charged with the murder of his wife, Ana Walshe on Jan. 17. He had already been locked up since Jan. 8 for misleading investigators about her New Year's Day disappearance.
BubbleInfo
JANUARY 18, 2023
Solar is probably the most desirable upgrade for buyers. Hat tip to Eddie89 for sending this in: Defying overwhelming public opposition, state officials voted in late 2022 to make drastic changes to California’s rooftop solar rules (called “net energy metering”). Solar users under NEM3 will get 75% to 80% less from the utility for the […].
Inman
JANUARY 18, 2023
Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending.
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Lighter Side of Real Estate
JANUARY 18, 2023
If you’re a renter, you’re probably well aware that rents went up more than 20% over the past few years, but your income most likely didn’t increase by nearly as much. So this realtor.com article probably sounds like promising news when the headline claims that rent prices are finally falling in some areas. However, the article actually says that economists are predicting rental prices to keep increasing in the coming year.
Inman
JANUARY 18, 2023
The best real estate books include real-world stories and actionable advice. Curate your reading list for 2023 with these suggestions.
Realtor.com
JANUARY 18, 2023
Realtor.com Some homes are designed to bring the outdoors inside. But there’s one to be built in Sevierville, TN, that will feature an eye-deceiving design. Slated to be completed by the end of 2023, the cubed and mirrored treehouse not only blends seamlessly with nature, but it also appears to magically disappear amid the trees of the Smoky Mountains.
Inman
JANUARY 18, 2023
The all-online brokerage saw its growth finally slow amid a broader market contraction. CEO Glenn Sanford eyes the challenges ahead for 2023.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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