Mon.Oct 10, 2022

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Saving for a Down Payment? Here’s What You Should Know.

Keeping Current Matters

As you set out to buy a home, saving for a down payment is likely top of mind.

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Robert Toll, co-founder of Toll Brothers, dies at 81

Housing Wire

Robert Irwin Toll , co-founder of Toll Brothers who also served as its former chairman and CEO, died Friday at his home in New York. Toll, who co-founded the large nationwide development firm alongside brother Bruce in 1967, was 81 and had Parkinson’s disease. Toll started the company after graduating from the University of Pennsylvania law school in the mid-1960s and time spent working at Philadelphia law firm Wolf Block.

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Advice for Buyers & Sellers in Today’s Market

RRT Submitted Articles

The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish.

Marketing 257
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Homebuyers are extremely pessimistic about the housing market

Housing Wire

Despite continued home price appreciation and a volatile mortgage rate environment that has resulted in the least affordable housing market in decades, there remains a minority of consumers who still feel that now is a good time to buy a home. According to Fannie Mae ‘s latest Home Purchase Sentiment Index, 19% of consumers feel that now is a good time to buy a home.

Marketing 418
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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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The 18-year Property Cycle and What it Means

RRT Submitted Articles

Many believe that the property market is driven by an 18 year property cycle. This post explains what the 18 year cycle is.

Marketing 232
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Lower has a round of layoffs to “weather upcoming rate hikes”

Housing Wire

Ohio-based mortgage lender Lower imposed a round of layoffs last week due to market conditions, affecting 6% of its workforce, according to a spokesperson for the company. “We’ve right-sized areas of our business impacted the most by this volatile market, such as refinance, operations, training, and recruiting,” Lindsey LeBerth, the company’s director of communications, wrote in an email to HousingWire.

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How is the mortgage rate environment affecting due diligence? 

Housing Wire

With rising rates, the market is seeing a shift from originations to HELOC products. As the market shifts, lenders still need to be conscious of loan quality. HousingWire recently spoke with Brian Adams, Division President of Due Diligence at Consolidated Analytics , about due diligence in the current mortgage market. HousingWire: How is the market shifting in terms of loan offerings?

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How to Analyze Short-Term Rental Market Potential

RRT Submitted Articles

The short-term rental market continues to grow! Let's go over the pros and cons along with how to analyze short-term rental markets.

Marketing 205
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Angel Oak Home Loans cuts 15% of its workforce

Housing Wire

Atlanta-based Angel Oak Companies instituted a round of layoffs at its retail mortgage company on Friday, not long after trimming the workforce in its wholesale and correspondent business. The latest jobs cut was at Angel Oak Home Loans , which reduced its headcount by 57 employees, comprising 15% of the total, a spokesperson told HousingWire. The spokesperson added that the layoffs are to better position the company as it manages through the headwinds currently facing the mortgage industry.

Loans 403
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Renter to Owner: A Homebuyer's Guide for Tenants

RRT Submitted Articles

Homeownership is still the American dream for many! Check out this home buying guide for tenants ready to make the leap from renter to owner.

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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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Meet The Real Estate Tech Entrepreneur: Scott Patterson from Tumble

GeekEstate

In this week’s founder interview, we’re bringing you Scott Patterson from Tumble. Without further ado…. Who are you and what do you do? I’m Scott Patterson and I founded Tumble in 2019 with a mission to modernize the laundry industry. After serving 11 years in the United States Marine Corps, I was trained to be diligent about my own laundry as well as my fellow Marines.

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The Difference Between a Real Estate Agent, REALTOR®, and Broker

RRT Submitted Articles

Not sure how agents, brokers, and Realtors® differ? Click here to learn more about each of these job titles as well as what the jobs entail.

Agents 188
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What is a Realtors Commission and How Do The Fees Work

Maximum Exposure Real Estate

What is a Realtor® Commission? A Realtor’s commission is how most real estate agents make a living. It is highly unusual for an agent in real estate to be paid a salary. Real Estate is a commission-based business. Yearly commission for Realtors can be highly erratic. One of the most popular questions among consumers is […]. The post What is a Realtors Commission and How Do The Fees Work appeared first on Maximum Real Estate Exposure.

Agents 116
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How to Get the Best Real Estate Referrals

RRT Submitted Articles

How much of your Real Estate business comes from referrals? You can quickly increase your referral network by learning how to position yourself to be a good referral partner. Here’s how you can earn more referrals to grow your real estate business this year.

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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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Inventory Watch

BubbleInfo

We are at the point where the inventory should continue its gradual descent and wind up around 235 active listings at the end of the year (if the percentage drop goes the same way it did last year). Though the Padres will be having an unusual impact on the local market… hopefully for the next month! […].

Marketing 105
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The 3 Best Places to Grow Your Portfolio

RRT Submitted Articles

Discover the best places to grow your property management portfolio and where to avoid with the help of our latest industry research.

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9 Real Estate Memes That People Who Like Pictures of Pooches Will Love

Lighter Side of Real Estate

People often joke about the Internet being invented just so people could look at pictures of cats. Obviously everyone knows that’s not actually true…. …because the Internet was invented for people to look at pictures of dogs ! (And for agents to share real estate memes, of course!). OK, maybe that’s not quite true either. But it doesn’t matter if you’re a homeowner, renter, buyer, seller, or an agent — if you love pictures of pooches, you’re gonna love these 9 real estate memes!

Agents 102
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Virtual Real Estate Investing: Is it Worth it?

RRT Submitted Articles

Virtual real estate investing has gained a lot of attention lately. However, not many know what it is. Keep reading to learn more.

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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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Tips For Boosting Your Home's Value

Realty Biz

Anyone who is about to sell their home will want to get as much as they can for it. Some homes will be very high in price, others may be less so. However, not everyone is aware that you can boost the value of your home. . Property Value Market Diagram Concept. Here’s how: Paint Your Home. Painting your home is perhaps one of the easiest ways to increase your home’s value.

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How to Accept (and Fire) Real Estate Clients

RRT Submitted Articles

Here’s what you need to know about finding the best clients for your real estate business.

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Do I have to Move If My Landlord Won’t Renew My Lease?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Janice in MT: Hi Brian, I’ve been living in a nice apartment for 3 years. It’s a small apartment complex, kind of townhouse style.

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7 red flags that scare home buyers away from your listings

The American Genius for Real Estate

While houses are selling quickly right now, there are some things that will almost definitely turn a home buyer off.

Brokerage 111
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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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5 Smart Kitchen Trends the Home Chef Will Appreciate

Sotheby's International Real Estate

From appliances that are wirelessly connected to intuitive design for cooking and hosting, a thoughtfully designed kitchen is a top priority in the modern home. Smart kitchens blend function and efficiency with elegance for a joyful culinary experience, and no matter the level of expertise, the home chef will undoubtedly be inspired by these five smart kitchen trends.

Design 87
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eXp Realty exceeds 85,000 real estate agents

Real Trends

eXp Realty, a cloud-based real estate brokerage and subsidiary of eXp World Holdings, on Monday announced exceeding 85,000 real estate agents worldwide. This marks a 30% increase compared to the 65,286 agents it had in October 2021. The company attributes some of its growth to “top-producing” teams from across the country that joined eXp in the last year.

Agents 85
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Here’s How to Get a Mortgage to Buy a Rental Property

Realty Biz

Rental property can be a great investment, especially right now. With economic uncertainty looming, it’s understandable that you’d want to generate more streams of income and accumulate more assets. Most people aren’t going to have the money lying around to buy a rental property outright, but you can take out a mortgage to buy a rental property and the process is pretty much the same as taking out a mortgage to buy a primary residence.

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Real Estate Agent Burnout: Know the Signs and How to Prevent It

HomeLight

?. Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. You got into real estate partly so you could control your own schedule. Now you’ve got plenty of clients, and you’re happy about that. But, more recently, you’re working overtime just to keep up with the abundance of showings, texts, emails, calls and training sessions.

Agents 85
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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.

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5 Reasons LinkedIn Is Best For Real Estate Agents

Realty Biz

Did you know that over 57 million businesses and 120,000 schools have LinkedIn accounts? You may be asking yourself, is LinkedIn really the best social media platform for real estate agents? There are a lot of social media platforms out there, and it can be hard to know which one is best for your business. LinkedIn for realtors is the best social media platform because it's built for business professionals.

Agents 82
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Beyond Cash on Cash: How Thinking Like an Investor Unlocks More Deals

Bigger Pockets

What sets apart your everyday real estate investor from an investing expert? While novice investors are focused on cash flow only, veteran landlords focus on something worth much, much more. […].

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Moving Into a New Home? Here’s How to Update the Security

RISMedia

By Emma Sturgis You’ve finally done it. You’ve moved into your new home and everything is perfect. The location is great, the neighbors seem friendly— it couldn’t be more perfect. But as you start to settle in, there’s one thing on your mind: security. How can you be sure that your new home is as […]. The post Moving Into a New Home? Here’s How to Update the Security appeared first on RISMedia's Housecall.

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How to House Hack By Renting-By-The-Room

Bigger Pockets

House hacking is a great way to build wealth when you’re just starting out in real estate, but it can sometimes be complicated. How do you know what house is suitable […].

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.