Mon.Mar 27, 2023

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Agile fintech firm executes first fully automated AOT transaction

Housing Wire

Agile , a Philadelphia-based fintech company focused on mortgage-backed securities (MBS), announced on Monday the execution of the mortgage industry’s first fully-automated Assignment of Trade (AOT) transaction. AOT transactions involve three counterparties — a mortgage originator, a mortgage investor, and a broker dealer — and are designed to transfer loan collateral and hedge positions to a mortgage investor.

Mortgages 451
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Get Ready: The Best Time To List Your House Is Almost Here

Keeping Current Matters

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.

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Bank failures may be the catalyst for an economic recession 

Housing Wire

Fannie Mae has projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession — primarily due to the combination of tighter lending standards by small- and mid-sized regional banks. The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae’s Economic and Strategic Research (E

Banks 360
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ChatGPT for real estate data? It may be here sooner than you think.

Inman

Timely exploration, adoption and smart use of this technology will help real estate professionals do more with less and focus even more on creating an impeccable customer experience.

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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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Tech hub housing markets cool as industry turmoil dampens demand

Housing Wire

Housing markets in tech hubs were in high demand during the pandemic, with potential buyers facing fierce competition on homes in cities like San Jose and Austin. But with the tech sector in turmoil, a looming recession, and consistently elevated mortgage rates, that trend is now making an about-face. While bidding wars were common in tech hubs during the height of the pandemic, housing markets in these areas are cooling more rapidly than the markets in other parts of the nation, according to a

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The 3 most requested home office features

Inman

There have been several instances within the past few years where the lack of a suitable office space has been the deal breaker for clients. Even if a home checks all the other boxes, office space can often be non-negotiable.

Agents 167

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Compass Houston founding member Garcia takes team to KW Luxury

Inman

Houston real estate veteran Haley Garcia has taken her seven-person team to Keller Williams. Garcia was with Compass from 2018 to early 2023 and generated $205.5 million in sales volume during her last two years with the brokerage.

Brokerage 158
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Opinion: The risk from Fannie Mae’s mission creep

Housing Wire

At a time of high mortgage rates and inflation, the federal government — along with government-sponsored enterprises — is understandably under pressure to lower costs and make homeownership more accessible. We share the goal of improving housing affordability. However, any effort to lower housing costs should be responsibly examined for potential risks to consumers, lenders and the broader marketplace.

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Read Inman’s exclusive Roadmap to Real Estate’s Future

Inman

Brad Inman writes a letter to the real estate industry, published here in full, alongside the publication of Inman's Roadmap to Real Estate's Future that grew out of three days of conversations and insight at Disconnect 2023.

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Housing Affordability Conditions Improved in January 2023 for the Third Consecutive Month

NAR: Economic Outlook

Housing Affordability Conditions Improved in January At the national level, housing affordability rose in January compared to the previous month, according to NAR’s Housing Affordability Index.

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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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‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

Inman

Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis.

Marketing 143
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5 Tips for Improving Your Social Media Marketing Skills

Realty Biz

You wouldn’t try to be a real estate agent without knowing how a mortgage works, or how to judge a home against comps. These days, you shouldn’t be trying to do your job as a Realtor without knowing how to market a home on social media. Recent survey data shows that 57% of Realtors use social media daily. This piece contains a guide with five tips for improving your social media marketing skills.

Marketing 111
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First Citizens BancShares to acquire SVB in FDIC-brokered deal

Inman

The deal includes the purchase of approximately $72 billion in loans at a discount of about $16.5 billion, along with the transfer of all of the bank's deposits totaling about $56 billion, according to the FDIC.

Loans 143
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Automated Real Estate Project Feasibility

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Arx City] An automated underwriting and market intelligence platform, Arx City is built for real estate developers and brokers to source and conduct feasibility analysis and diligence. Arx allows customers to search for properties and development and investment projects specified to their strategy, schedule, and capital requirements.

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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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Side partners with marketing software company Evocalize

Inman

Evocalize describes its product as a "Collaborative Marketing Platform" that allows users to announce their services through an array of campaigns on Google, Facebook and Instagram

Marketing 138
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Market in Focus: Texas Leading in Population Growth

Eye on Housing

Based on the Census Bureaus’ latest estimates, the population of the State of Texas grew by 470,708 persons between 2021 and 2022. This nominal increase was the largest of any state. Texas joined California as the second state to have a total population above 30 million, with a total estimated population of 30,029,572 on July 1, 2022. This population growth.

Marketing 109
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Market shift highlights brokerage fundamentals

Inman

The recent market shift has been a "great equalizer," accentuating the differences among brokerage models and the importance of agent count.

Brokerage 149
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JPAR® Gulf Coast Named Affiliate of the Year

Realty Biz

JPAR® Gulf Coast, a leading real estate brokerage in Mobile, Alabama, is proud to announce that its dynamic duo, Adrienne and Owen Gill, have been named Affiliate of the Year by JPAR® - Real Estate. The Star Awards, announced at the brand’s annual JPAR® Nation Celebration, recognize top-performers in a variety of categories. The Affiliate of the Year award is given to a JPAR® affiliate who demonstrates excellence in all areas of the business, including; operations; marketing; customer service; p

Brokerage 105
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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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CHALLENGE: Audit your online footprint in 7 days

Inman

In just one week, you can make sure that every platform where you have a profile is fully updated with this handy-dandy checklist.

Brokerage 151
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How to Effectively Run a Real Estate Marketing Campaign: The Best Tools and Methods to Get Results

Realty Biz

With 40 million people on the move each year, there's a clear need and market for real estate professionals. But if you're trying to build your client base and sell homes for top dollar, you'll need to build your brand. That's where a robust real estate marketing campaign can let you and your properties shine. Keep reading to learn how to put together the best real estate marketing ideas to get results!

Marketing 105
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Inman Innovator Awards 2023: Nominations are officially open

Inman

Nominations are now open for the 2023 Inman Innovator Awards. The winners will be honored at Inman Connect Las Vegas, Aug. 8-10, 2023.

Brokerage 148
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Lucido Global launches new tech solution, Lucrativ

Real Trends

Maryland-based real estate firm Lucido Global announced a strategic partnership with Chime Technologies to launch Lucrativ , a comprehensive software and services solution for real estate professionals. Lucrativ is designed to maximize the effectiveness of both agents and management to foster sustained, scalable growth.

Agents 100
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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.

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Best Counties to Buy Single-Family Rentals

Broke Agent Media

BAM Key Details: ATTOM released its Q1 2023 Single-Family Rental Return Market report, showing an increase in single-family rental (SFR) returns in 91% of the 212 counties analyzed. Markets with the highest SFR returns are concentrated in the Midwest, South, and Northeast while those with the lowest returns are concentrated in the West. Rents are growing faster than home prices in most of the country and faster than wages in two-thirds of the markets analyzed.

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House Selling Checklist: 5 Things to Do When Selling Your House

Realty Biz

While you may want a stress-free and quick house sale, selling a home can be challenging. This is because house sales have many moving parts, some of which you can manage and others out of your control. What you do when selling your home determines the kind of buyers you'll attract, how fast it will sell, and how much you'll sell it for. This article discusses five things to do when selling your house.

Agents 98
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Last Call: Everything You Need to Know Before Tax Day

Broke Agent Media

Do you want to maximize your earnings while minimizing your tax bill? It’s not too late to get your finances in order. BAM and Formations are teaming up once again for a last call before tax season wraps up. Join Formations founder Shahar Plinner and BAM co-founder Byron Lazine to learn tips to make the most of your 2022 taxes. Last Call: Everything You Need to Know Before Tax Day Tuesday, March 28th 3:00 pm EST Sign Up Now Tax Tips for Real Estate Agents This webinar will cover essential tax

Agents 98
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THE BETTER HOMES AND GARDENS REAL ESTATE BRAND WELCOMES CHINO HILLS BROKERAGE

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate The Heritage Group, based in Chino Hills, California. The brokerage has served the surrounding San Bernardino, Riverside, Orange and Los Angeles counties for the past 19 years. The company was first established in 2004 by Larry Black, the firm’s current broker/owner, and Josephine Taylor, the acting broker associate owner.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.

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Home Flipping Profits Fall to a New Low

Broke Agent Media

BAM Key Details: ATTOM just released its year-end 2022 U.S. Home Flipping Report, showing a nationwide increase in home flipping—up 14% from 2021, up 58% from 2020, and reaching its highest point since at least 2005. Gross home flipping profits, however, dropped to their lowest level since 2008. Home flipping in the U.S. has reached its highest level since at least 2005.

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Get More from Your Money: CPA Tax Tips for Real Estate Agents

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube About This Episode Income tax season is right around the corner, and whether you’re a solo agent or leader of a team, there are specific tax strategies that can benefit you simply because of your real estate professional status.

Agents 95
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How to Overcome Content Struggles with Derrick Gregory

Broke Agent Media

This week on the Over Ask Podcast , Derrick Gregory joins Matt Lionetti and The Broke Agent to discuss the creative process behind his funny Instagram videos. He shares how he started making those videos and how he stays consistent with trendjacking and posting. He doesn’t shy away, either, from talking about the content that didn’t hit, as well as the frustration of content flops.

Agents 97
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Significant Sales: February 2023 Highlights

Sotheby's International Real Estate

From a AUD€$17M sale in Byron Bay, Australia, to a US$44.55M sale in Woodside, California, here are February 2023’s five highlighted sales represented by the Sotheby’s International Realty® global network. Byron Bay, Australia James McCowan and David Medina | Byron Bay Sotheby’s International Realty, AUD$17,000,000 Woodside, California Arthur Sharif | Sotheby’s International Realty – San Francisco Brokerage, US$44,500,000 Mexico City, Mexico Laura De la Torre and Maricruz Madrigal |

Sales 90
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The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

Given the changes that the pandemic has forced real estate agents to make, agents are now under pressure to find a way to keep their health, personal life, and career on track. Flexibility is the key to future-proofing your role as a real estate agent; you must be able to pivot and adapt to succeed in all markets. Despite the pandemic, being diagnosed with a chronic disease, and undergoing three surgeries in 2021, Marki Lemons had an incredibly successful year in real estate.