Wed.Sep 14, 2022

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Amrock’s new tech allows buyers to close loans from mobile devices

Housing Wire

Amrock , a national provider of title insurance, property valuations and settlement services and a division of Rocket Companies , rolled out technology to electronically close mortgage transactions from a mobile device. Borrowers can close on a mortgage by connecting with the closing agent or notary remotely through its website, dubbed Clear Sign , to “help consumers complete the historically cumbersome final step in a home loan process,” the firm said in a release.

Closing 370
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Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

Keeping Current Matters

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market.

Marketing 248
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Fed’s Beige Book offers grim news for housing industry

Housing Wire

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. Prospects for future improvement anytime soon are dim as well. “The outlook for future economic growth remained generally weak, with … expectations for further softening of demand over the next six to 12 months,” the report states.

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The best week to buy a home is coming up

Real Trends

It is general knowledge that spring time is home selling season , but the best time to buy a house can change from year to year. According to a report from Realtor.com published Wednesday, in 2022, the best week to buy a house is from September 25 to October 1. Many in the industry view fall as “off season” for the housing market, which offers opportunistic buyers many favorable factors including more listing, less competition, and lower prices.

As-is 144
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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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Mortgage demand falls as rates soar past 6%

Housing Wire

Demand for mortgage loans declined last week as mortgage rates reached their highest level since 2008, crossing the 6% threshold. . The market composite index , a measure of mortgage loan application volume by the Mortgage Bankers Association , fell 1.2% for the week ending Sep. 9, compared to the previous week. It was also down 64% compared to the same week in 2021. .

Mortgages 370
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17 Tips to Sell Your House in a Down Market

HomeLight

When home prices and mortgage rates fluctuate it can make your head spin, especially if you need to sell a house in a down market. But that doesn’t necessarily mean you’ll lose money, especially if you know what actions to take to get the best price. To help you navigate a shifting housing market, we spoke with real estate agent Mari Slobounov, who is a business partner with the top-producing Lynn Holley Real Estate Group in Madison, Wisconsin.

Marketing 122

More Trending

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Don’t Give Up on Buying a Home if You’re a Millennial Renter

Lighter Side of Real Estate

Almost 25% of Millennials (ages 26-41) claim they plan on renting forever according to this Apartment List article. That’s nearly double the amount since they started their ongoing survey of 31,000 Millennials in 2018. In the grand scheme of things, 1 in 4 Millennials swearing off homeownership forever isn’t earth-shattering news. To put things in perspective, the highest rate of homeownership ever was 80% in North Dakota back in 1900.

As-is 112
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Spa Girl Cocktails founder lists eclectic, ‘fan favorite’ home in Palm Springs for $4.8M

Fancy Pants Homes

Karen Haines, founder of the best-selling canned vodka cocktail brand, Spa Girl Cocktails, is parting ways with her party-ready home in Palm Springs. Haines, who turned her passion for entertaining guests in her unique Palm Springs home into a winning business idea, is also a celebrated designer and trendsetter — and her house is proof of that.

Branding 111
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Use the 10% rule to stop over-analyzing at work

The American Genius for Real Estate

Avoid over-analyzing at work with this nifty rule of thumb so that you can get back to business in a jiffy.

Brokerage 107
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The Evolution of Real Estate Technology

Realty Biz

Many are aware that the real estate industry boomed in 2021. While there are many reasons as to why that is, technology in real estate certainly played a major part. Real estate technology has come a long way in a short time. It wasn’t long ago that real estate professionals used fax machines and landlines to communicate with clients, and real estate transactions were handled with paper contracts.

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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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More than 200 AREAA members recognized for real estate and mortgage

Real Trends

The Asian Real Estate Association of America (AREAA) released its annual A-List which honors 167 individual real estate agents and teams for outstanding production in 2021. Additionally, 38 outstanding loan officers were recognized. The combined group of real estate sales professionals generated more than $12.93 billion in sales volume and 19,850 transaction sides in 2021.

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16 Units in 3 States as a BiggerPockets Power Couple Working Full-Time

Bigger Pockets

Successful real estate investors don’t find success alone. Real estate is a relationship business, so eventually, you need someone—an agent, contractor, cleaner, or handyman. At times, your success depends on these people, […].

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What Is Preferred Equity in Commercial Real Estate?

Realty Biz

If you’ve ever purchased a home, you’re probably familiar with the term “equity” and what it means. When it comes to buying a house, your down payment is the initial equity you have in the property. The rest is financed through your loan with a bank, which you slowly pay off over time. . Unfortunately, commercial real estate is rarely this simple. Because these types of properties cost tens or even hundreds of millions of dollars, they usually require many different forms of financing.

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Zillow named in digital privacy lawsuit

Real Trends

Although things remain quiet on the anti-trust suit front, Zillow ’s legal team isn’t getting a break. On Monday, the home listing site was named as a defendant in a class action lawsuit filed in a U.S. District Court in Seattle. Plaintiffs Natalie Perkins and Kenneth Hasson alleged that Zillow used “session replay” software manufactured by Microsoft to clandestinely track user activity on its website, essentially wiretapping the electronic communications of visitors to Zillow’s website, w

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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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How To Manage Your Law Firm’s Data for Legal Analytics

Realty Biz

There is no question that data is becoming increasingly important in the legal profession. Collecting and analyzing data is becoming a key differentiator for law firms. But with the increasing importance of data comes the challenge of managing it effectively. Keep reading to learn more tips for managing your law firm’s data with data management solutions.

As-is 91
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NorthstarMLS names Tim Dain as new CEO

Real Trends

Minnesota-based multiple listing service NorthstarMLS has named Tim Dain as its new CEO, according to an announcement made on Wednesday. As CEO Dain will oversee daily operations of the MLS and lead new business development efforts including the expansion of the organization’s “Common Data Platform” to other regional MLSs and Realtor associations.

MLS 88
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How Real Estate Agents Use social media with Content Marketing

Realty Biz

Did you know that 77% of realtors in the US actively use social media to run their businesses? You’re missing out on a significant client base if you’re not regularly using social media for your content marketing. It’s time to get comfortable using social media with your content marketing. Although it may seem overwhelming at first, you just need to know what to focus on in the beginning.

Agents 82
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7 low-budget ways your business can grow using marketing

The American Genius for Real Estate

Marketing ideas are often expensive or ultra time consuming, but let's talk about some proven tactics that won't break the bank.

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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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Dividend Aristocrats: The Top Performing Stocks of the Last Decade

Realty Biz

The dividend aristocrats are a select group of stocks that have outperformed the market for the last decade. These stocks have a proven track record of dividend growth and are a safe bet for long-term investors. Keep reading to learn more about the top-performing stocks of the last decade. What are the dividend aristocrats? The dividend aristocrats list is a select group of stocks that have increased their dividends for 25 consecutive years or more.

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Summer Listings & Sales History

BubbleInfo

Chris asked how the current environment compares to the 2008 downturn. In the summer of 2008, there were only 601 NSDCC sales between June 1st and August 31st, in spite of there being 1,348 listings that summer. For the next two years, the number of listings far exceeded the number of sales, and in the […].

Sales 69
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A Look at Four of Dayton’s Best Real Estate Agents

Realty Biz

This week, we turn to the Dayton, Ohio, region in our top U.S. real estate agents search. We’ve profiled some of the industry’s finest digital marketing and sales experts for the past few months. At the same time, we’ve been trying to work out a better method for buyers and sellers to choose between agents. . So far, no single strategy has emerged to simplify what amounts to a fairly onerous process of elimination.

Agents 73
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How brokers can increase weekly meeting attendance

The American Genius for Real Estate

Meeting weekly is rarely something a team looks forward to, but there are ways for brokers to improve attendance easily.

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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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How to Use AI Text to Image Generators for Real Estate

Realty Biz

Marketing your real estate business is a major endeavor. It takes time, energy, and other resources to do it right, and because of how interconnected the world has become, much of real estate marketing today takes place in online environments. In fact, a whopping 97 percent of buyers used the internet for house hunting in 2011. If you’re not marketing your professional brand as a real estate professional online, you’re not going to have much success.

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The 10 Fastest-Growing Cities in New York

Redfin

New York, also known as the “The Empire State,” has many wonderful cities like Buffalo , the home of the Buffalo Bills, and New York City , the largest city in the United States by population. With so much diversity within each area, it’s no wonder that nearly 20 million people call this state home. If you are considering living in New York but don’t know where to start, we’ve got you covered.

Sales 59
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5 Common Misconceptions about Multifamily Investing

Rent, Buy & Sell

Multifamily real estate investing has turned out to be great for those investors. So when planning on taking a big step in the industry, one must be aware of the essentials. No doubt there are benefits that one can get from the same. But despite all of this, there are so many questions that are raised about real estate investment. A major one is if one should choose to invest in multifamily or single-family homes.

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The 6 Fastest-Growing Cities in Iowa

Redfin

The birthplace of sliced bread, Iowa is home to a handful of beautiful cities that around 3 million residents call home. If you are considering living in “The Hawkeye State” but don’t know what cities to consider, we compiled a list of the fastest-growing cities in Iowa that saw the largest population increase from 2017 to 2021. From Ankeny to Dubuque , see what cities made the list.

Sales 59
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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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No Fuss

BubbleInfo

This Encinitas Ranch home was listed for $3,499,000 on March 29th – which was the week rates started going up – and had no price reductions. After 112 days on the open market, they found a buyer who closed in less than 30 days (Sept.12th) for $3,390,000 cash, which was 3% under the list price. […].

Closing 59
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The 7 Fastest-Growing Cities in Arkansas

Redfin

Referred to as “The Land of Opportunity,” Arkansas is known for its diamond mines, being the home of Walmart, and Hot Springs National Park. With so many great cities to choose from, it’s no surprise that nearly 3 million people call this state home. If you are looking to move to Arkansas, we’ve got a list for you. We compiled the 7 fastest-growing cities in Arkansas which saw the largest population increase from 2017 to 2021.

Sales 59
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How to Fix the Capital Planning Process Part I: Asset Tracking

Enertiv

As we enter another budgeting season, it’s helpful to reflect on the way things are done before diving in. There has been a ton of progress in commercial real estate to digitize processes and monitor real-time data to tell owners and operators things they couldn’t otherwise know about. It’s happened in the case of combining maintenance workflows with BMS alarms to have work orders created before tenants complain.

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4 Cities Near Las Vegas to Buy or Rent in this Year

Redfin

Nearly 675,000 people call the desert paradise of Las Vegas, Nevada home. With the Las Vegas Strip, countless casinos, and nightlife, as well as stunning natural beauty, it is no wonder the city is so popular. . Even though there are many neighborhoods to live in Las Vegas , buying or renting in the city may not be the right fit for you. Thankfully, there are many cities nearby that may meet your budget and needs, and keep you within commuting distance. .

Sales 59
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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.