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.

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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 211
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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. .

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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.

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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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Navigate regulatory changes with these speakers at HW Annual

Housing Wire

Given the impact of COVID-19 on policy and government initiatives over the last two years, we’ve collected some of the most knowledgeable voices to speak at HW Annual to equip you with the regulatory insights you need to head into 2023 and beyond. If you have questions about the future of housing policy or how to understand the current priorities of housing regulators, here are three speakers you won’t want to miss at HW Annual. 1.

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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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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.

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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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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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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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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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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.

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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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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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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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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 […].

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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.

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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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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. […].

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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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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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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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Can the Seller Change the Disclosure After Contract?

Hank Miller Team

Well what's old is new; let's get ready for the return of verbal (mostly) combat regarding seller's disclosures. Can the seller change the disclosure after contract? Standard real estate answer."it depends" Issues with the seller's disclosure tend to be the most common thing buyers and sellers lock horns over. Contracts fall apart as buyers claim things were omitted, information wasn't accurate, something that was to remain was taken.the list is ever growing.

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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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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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3 Ways To Use Instagram To Boost Your Real Estate Business

Jason Fox

3 Ways To Use Instagram To Boost Your Real Estate Business. Realtors know that to be successful they have to know how to negotiate with lenders, title companies, insurance, buyers, and sellers. Realtors are also responsible for marketing and selling listings, so social media is a must for a modern Realtor. With constant changes to trends, it’s important to know what kind of social media posts.

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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 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.

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CB1 May Lack Funding to Hire Replacement for Longtime District Manager Who Retired

Brownstoner

The longtime District Manager of Brooklyn Community Board 1 retired from his post on August 31, possibly leaving the board without a leader until next summer. Gerald Esposito, who had served as the district manager for more than 45 years, submitted his resignation in August, said CB1 chair Dealice Fuller at… Read More > The post CB1 May Lack Funding to Hire Replacement for Longtime District Manager Who Retired appeared first on Brownstoner.

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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.