Wed.Feb 08, 2023

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No more blame game! 5 steps for handling confrontation in real estate

Inman

Do you find yourself playing the blame game during the transaction with other agents? Ryan Zomorodi recommends these tips to stay on the high ground and keep the transaction moving forward.

Agents 148
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Housing affordability is improving, but there’s more work to be done: experts

Housing Wire

With a turbulent housing market and a volatile rate environment playing out over much of the past year, concern about housing affordability has hit a fever pitch. Three housing policy experts recently joined HW Media COO Diego Sanchez to discuss the potential shifts in housing affordability over the next year. The panel took place during HousingWire’s Affordable Housing Mini-Con and featured Laurie Goodman of the Urban Institute , Faith Schwartz of Housing Finance Strategies and Jim Gray of the

Land 370
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Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

Keeping Current Matters

The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the pandemic.

Sales 212
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The CFPB puts mortgage comparison sites on notice

Housing Wire

The Consumer Financial Protection Bureau (CFPB) is putting mortgage comparison sites on notice, laying out scenarios regarding how certain platforms could be violating the Real Estate Settlement Procedures Act (RESPA) section 8. If the mortgage comparison site “provides enhanced placement or otherwise steers consumers” to certain operators based on compensation, an operator is in violation of the RESPA section 8, according to CFPB’s advisory opinion published on Tuesday.

Mortgages 370
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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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CA Christie’s affiliates show huge growth in year of new partnerships

Inman

The luxury brand's billion-dollar growth in terms of agent business came in large part from strategic recruitment by its Sereno and Orange County affiliates, as well as the addition of star agent Aaron Kirman.

Branding 148

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A theory is emerging online about a mass exodus from New York City

Inman

Warehousing? Inflated algorithms? Shady developers? They're all part of a new report on what's driving up rental prices in New York City. However, social media users aren't buying the theory.

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Anthony Hsieh steps down as loandepot’s executive chairman

Housing Wire

Amid a battle with the board of directors, loanDepot ‘s founder Anthony Hsieh is stepping down as executive chairman. However, he will remain chairman for the company’s board, the company announced on Wednesday. The announcement came the day after Hsieh said he had decided to use his majority voting power to unilaterally nominate Williston Financial Group executive Steven Ozonian to the board of directors.

Mortgages 370
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Is your trash talk violating the Code of Ethics?

Inman

Whether you’re talking about the competition or complaining about your broker, Article 15 precludes you from going too far. Broker Troy Palmquist lays out the case for watching your words to avoid violating the Code of Ethics.

MLS 148
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Homelendia Mortgage launches mortgage brokerage franchises

Housing Wire

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. According to a statement from the company, “Homelendia Mortgage will offer a unique and streamlined approach to mortgage brokerage ownership and the mortgage process, utilizing cutting-edge technology to provide a seamless and efficient experience fo

Brokerage 370
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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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Young renters’ inflation rate lower than general population: Study

Inman

Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6 percent and 6.1 percent, respectively, according to a new report by Redfin.

Brokerage 148
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Inside American Pacific Mortgage’s quest for expansion

Housing Wire

Mortgage rates are on a declining trend, but don’t be fooled – the industry’s efforts to rightsize from a pandemic boom will continue through 2023. Up to 30% of the 1,000 largest independent mortgage banks will disappear by the end of this year, either through sales, mergers, or failures amid still-high inflation and rising interest rates, according to projections by the M&A advisory firm Sterling Point Advisors.

Lending 284
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Floor plan startup Cubicasa inks partnership with growing Utah MLS

Inman

UtahRealEstate.com is the latest multiple listing service to partner with CubiCasa on free floor plans and discounts on property analytics and the startup's database of real estate photographers.

MLS 148
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No surprise, people are moving to Florida and Texas

Real Trends

It’s not shocking that, when people can live and work anywhere they want, they are migrating towards the fun and sun! The proof is in the population gains all across the Sun Belt. Goodbye snow storms and hello sandy beaches. In 2022, the National Association of Realtors (NAR) used the change of address data from the United States Postal Service to create a map of migration.

Title 117
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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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Builders are pulling their hair out. Why do investors still love them?

Inman

To get a clearer picture of where things stand for builders — and where they're headed for investors — Inman compiled financial results from the nation's five largest publicly traded homebuilders.

Investor 148
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Simple Tips to Make Your Move Easier

Windemere Selling

Your needs as a homeowner change over time, and you need the right home to fit those needs. Accordingly, it’s highly likely that at some point in your future you will experience another moving day. While moving can be challenging, the following moving tips will make it easier. If you are remaining in your current area, your Windermere agent can continue to be a valuable resource on schools, utilities, transportation, recreational opportunities, and more.

Agents 110
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Is 2023 the right time to join a team? 7 reasons to make a move

Inman

Joining a high-performing team has become a popular option for agents at all levels, Adam Hergenrother writes. Here are seven reasons you should consider making the move to a real estate team in 2023.

Agents 148
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Your Listing Agent Matters

BubbleInfo

There isn’t one standard way to sell a house – every agent does it differently, mostly based on their skill set and ambition in life. My new listing in Spinnaker Hill is a good example!

Agents 105
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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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LoanDepot founder Anthony Hsieh ousted as executive chairman

Inman

The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender's board of directors.

Mortgages 148
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12 Creative Ways Real Estate Agents Can Use QR Codes

Broke Agent Media

BAM Key Details: Nick Miaritis, EVP at VaynerMedia, posted a Reel on the use of QR codes in marketing materials, specifically a Coinbase commercial during last year’s Super Bowl. He provides three recommendations to maximize the effectiveness of QR codes, all of which are just as relevant to marketing for real estate agents. BAM offers 12 creative ways real estate agents can use QR codes in their marketing.

Agents 98
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Best frenemies? How to make peace with the teammate you can’t stand

Inman

Personality conflicts can be frustrating, but they don't have to undermine your business. Find out how to make peace with that agent who rubs you the wrong way.

Agents 148
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National Data Share Agreement Among Bright MLS, CRMLS, and BeachesMLS

Broke Agent Media

BAM Key Details: Bright MLS, CRMLS, and BeachesMLS announced a data share among the three organizations. Set to launch in 2023, the data share will allow subscribers to gain access to listing data from all three MLSs. Two weeks after the announcement of Nestfully , three prominent MLSs announced a national data share agreement. Combined, Bright MLS, CRMLS, and BeachsMLS serve over 50 million consumers.

MLS 98
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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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RESAAS is latest proptech to integrate ChatGPT

Inman

RESAAS said it’s going to put the software to work on property descriptions to help users at the Premium and Ultimate account levels get over creative hurdles and more efficiently tackle general marketing tasks.

Marketing 148
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Should you use ChatGPT in your real estate business?

Real Trends

If you’ve been online recently, then you’ve likely heard of ChatGPT and the sensational storm it is causing everyone. It’s a tale as old as time — will technology replace me? Of course, in real estate, this tool can be a powerful, time-saving marketing tool to use in your business. The AI-powered language tool was launched in November 2022 by OpenAI.

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Fifth Wall’s Brendan Wallace on why ‘proptech is existential’ for leaders

Inman

Fifth Wall's co-founder revealed why proptech is worthy of venture capital, how friction generates money for lenders and why physics can better illuminate real estate’s carbon footprint.

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Growth of Revolving Debt Slows, Auto Loan Rates Spike in Q4 2022

Eye on Housing

The balance of consumer credit outstanding grew 6.5% in the fourth quarter of 2022 (seasonal adjusted annual rate) after climbing 6.7% (SAAR) in the third quarter according to the Federal Reserve’s latest G.19 Consumer Credit report. Revolving debt—which consists primarily of credit card debt—increased at a 12.0% rate, as the level of nonrevolving debt (excluding real estate) grew 4.8% (SAAR).

Loans 106
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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.