Mon.May 22, 2023

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Rocket rolls out conventional 1% down home loan program

Housing Wire

Rocket Mortgage introduced a new 1% down home loan program aiming to target more than 90 million borrowers. Rocket’s new product comes on the heels of rival United Wholesale Mortgage (UWM) rolling out a similar program. Dubbed ONE+, a buyer using this program who’s purchasing a single-family home, and whose income is equal to or less than 80% of their area median income (AMI), is only required to make a down payment of 1% of the purchase price.

Loans 435
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Why Buyers Need an Expert Agent by Their Side

Keeping Current Matters

The process of buying a home can feel a bit intimidating, even under normal circumstances.

Agents 258
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Setpoint acquires Resolute Diligence Solutions

Housing Wire

Setpoint , a real estate funding platform, acquired Resolute Diligence Solutions to support proptech and single-family rental re-engagement in the market, the firm said. Resolute Diligence Solutions is a due diligence provider that partners with banks, lenders and originators to ensure each deed, title or lease is verified and reported accurately against financial statements.

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Financial services firm Setpoint acquires due diligence startup

Inman

Resolute Diligence Solutions specifically focuses on due diligence for single-family rentals and for residential transition loans and will help Setpoint beef up its technology platform.

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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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Housing construction looks positive despite recession projections

Housing Wire

Housing demand has shifted more toward the new home market, Fannie Mae ’s Economic and Strategic Research (ESR) Group noted in its May economic outlook. While mortgage rates have pulled back modestly from their highs in early March, ongoing affordability constraints, a lack of inventory for sale, and the ongoing persistence of a “lock-in effect” – where existing homeowners with low mortgage rates are disincentivized to sell their homes – are likely to keep sales subdued for the remainder of the

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How to realize your vision with a home stager

Inman

Does this sound familiar? You have a beautiful listing that would be a fantastic investment for a buyer — yet it has dated paint colors, worn furniture, and too many accessories that will ultimately detract from the results you know you could achieve for your seller.

Staging 167

More Trending

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No. 1 RE/MAX agent pulls back curtain on winning listing presentation

Inman

Jordan Cohen of RE/MAX One spent three decades rising through the ranks and becoming the go-to real estate agent for professional athletes and celebrities alike.

Agents 167
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New Single-Family Home Size Trending Lower

Eye on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Home size correspondingly increased in 2021 as interest rates reached historic lows. However, as interest rates increased in 2022, and housing affordability worsened, the demand for home size has trended lower. According to first quarter 2023 data.

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Anthony Marguleas: LA ‘Mansion Tax’ is ‘devastating’ the market

Inman

Inman recently caught up with Marguleas to discuss his company's new venture in Dallas, the effects of the LA 'Mansion Tax' and what he's looking forward to at this year's ICLV event.

Marketing 167
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Everything You Need To Know About Tracking Passive Activity Losses Using Form 8582

Bigger Pockets

Accurately tracking your passive activity can help save you money at tax time.

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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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Beyoncé, Jay-Z obliterate California record with $200M home purchase

Inman

The property purchased by the celebrity power couple on Pacific Coast Highway encompasses nearly six acres of land and was designed by acclaimed Japanese architect Tadao Ando and sold by son of famous soap opera creators Bill Bell and Lee Phillip Bell.

Land 167
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The Beginner’s Guide to “Infinite Investing” with the BRRRR Method

Bigger Pockets

The BRRRR method allows you to buy rental properties faster, smarter, and with far less cash than ever before.

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Luxury unlocked: Master the market with these 8 key steps

Inman

In this must-watch Inman Access class, renowned LA broker Anthony Marguleas reveals essential factors that real estate agents must keep in mind when expanding into the luxury market.

Marketing 166
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5 Big Predictions (And 3 Unknowns) That Will Define the Summer Housing Market

Bigger Pockets

The housing market remains volatile, but here's what we think will happen over the next few months.

Marketing 132
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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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Opendoor for Agents

Inman

With Opendoor, the buying and selling process is simple, certain, and fast — so you can keep your clients moving smoothly through life's biggest transitions.

Agents 158
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Spring-Summer 2023 Pantone Colors of the Year

Sotheby's International Real Estate

Brady Bingham and Janet Suisted – New Zealand Sotheby’s International Realty Whether it accessorizes a person or accents a place, color carries so much meaning. That’s why interior designers, decorators, and architects pay attention when the Pantone Color Institute publishes its forecast trends for the fashion industry. As the leading authority on the palettes to watch for in the New York Fashion Week Spring-Summer 2023 collections, Pantone knows that hues make a huge impact, whether

Design 128
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Rocket’s new 1% down mortgage also picks up tab for PMI

Inman

Lender estimates a hypothetical buyer putting down $2,500 on a $250,000 home could save $20,500 in private mortgage insurance payments over 7 years.

Mortgages 148
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Rocket Mortgage Offers New 1% Down Home-Loan Program

RIS Media

Rocket Mortgage recently introduced ONE+, a new 1% down home loan program that will dramatically increase access to homeownership for millions of low-to-moderate-income earning Americans, the company has announced. With ONE+, Rocket Mortgage stated that a homebuyer is only required to make a down payment of 1% of the purchase price and they will cover… The post Rocket Mortgage Offers New 1% Down Home-Loan Program appeared first on RISMedia.

Loans 120
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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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‘Barely Legal’: EasyKnock exec at war with Strokes bassist over yard

Inman

Julie de Pontbriand of EasyKnock and Nikolai Fraiture of The Strokes have been engaged in a legal battle over a coveted greenspace behind their adjacent properties since 2021.

Finance 148
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Tips for Summertime Outdoor Living

Coldwell Banker

Outdoor living is as important as indoor space, especially in the summertime. Everything in your backyard — whether it’s a fire pit, dining area or theater — should be part of a well-planned, integrated design. Here are a few outdoor accessories that will turn your backyard into another room of your house. Fire Pits Fire […] The post Tips for Summertime Outdoor Living appeared first on Coldwell Banker Blue Matter.

Design 119
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LocalizeOS

Inman

An innovative AI conversational engine using natural language processing (hunterTM) combined with expert advisory services. This solution can engage an unlimited number of homebuyers with direct 1:1 text messaging, enabling unprecedented opportunities for scale, and leading to conversion rates 4x the NAR average.

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Why a Home-Sale Contingency Can Be Disastrous for Sellers

RIS Media

When selling a home, you want everything to go smoothly. In many real estate transactions, that is exactly what happens. However, there are times when the whole process can become a royal disaster. The odds of having an unpleasant experience increase when homeowners don’t make sound decisions. One such scenario occurs when sellers accept a… The post Why a Home-Sale Contingency Can Be Disastrous for Sellers appeared first on RISMedia.

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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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Real estate investors are still at the table — but fewer are bringing cash

Inman

Smaller real estate investors are stepping into the home market even as the big guns scale back. The result? Fewer all-cash investor offers, according to a Realtor.com analysis of deed records.

Investor 147
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Simplify the Home Inspection Process for Your Clients (and Yourself)

RIS Media

According to Curbio’s 2022 ROI survey, 22% of recent home sellers said that the inspection process was their biggest pain point when selling their house. While critical in the buying and selling process, home inspections can feel like a heavy burden for your clients. Especially for new sellers, the process can be confusing and overwhelming.… The post Simplify the Home Inspection Process for Your Clients (and Yourself) appeared first on RISMedia.

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Former radio host for syndicated show pivots to real estate career

Inman

The former radio personality known as "Lady Jade" on "DeDe in the Morning" is starting the next chapter of her career with eXp Realty.

As-is 147
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The Best Lead Strategy for Growth in Any Market Condition

RIS Media

As Bob Dylan so aptly put it, “the times, they are a-changin’,” and they’re more uncertain than ever. Industry projections remain volatile this year as we adjust to a higher interest rate environment. What’s more, the real estate and technology landscapes are also shifting, many would say for the better. As a result, transaction workflows… The post The Best Lead Strategy for Growth in Any Market Condition appeared first on RISMedia.

Marketing 111
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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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Pandemic boomtown homes sell for $80K less than a year ago

Inman

The median U.S. home sale price fell 4.1 percent or $17,603 year over year to $408,031 between April 2022 and April 2023, according to a new report from Redfin.

Sales 147
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Median Rent Price Slightly Increases

RIS Media

In keeping with high home prices, the U.S. median asking rent grew by $4 to $1,734 in April, down $43 from its peak, according to a new report from Realtor.com. Realtor.com’s April Rental Report found that this is the ninth month of single-digit growth in a row following a 15 month slowdown from the peak… The post Median Rent Price Slightly Increases appeared first on RISMedia.

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Who’s winning (and losing) the agent count race? Mike DelPrete

Inman

The real estate industry is changing, driven in part by changes in brokerage affiliation, writes Mike DelPrete. Find out how agent migration patterns can offer significant insight into the future of real estate brokerage growth.

Agents 128
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OneKey MLS CEO Honored by NAR

RIS Media

Richard Haggerty, CEO of OneKey® MLS, the largest multiple listing service in New York, has been inducted into the National Association of REALTORS® Political Action Committee (RPAC) Hall of Fame, the MLS has announced. The honor recognizes members’ financial support and commitment to electing pro-Realtor® candidates across the U.S. “I have been an enthusiastic RPAC… The post OneKey MLS CEO Honored by NAR appeared first on RISMedia.

MLS 111
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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.