Thu.Aug 11, 2022

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10 Tips to Expand Your Referral Network at In-Person Events

Tom Ferry

We are less than TWO WEEKS away from Success Summit, and you know what that means! It’s time to make friends, partners, and allies who could give you referrals down the road! Because Summit isn’t just a place where agents are willing to share; it’s a place that they COME to share! They know that […]. The post 10 Tips to Expand Your Referral Network at In-Person Events appeared first on Tom Ferry.

Agents 78
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Mounting losses force loanDepot to amend loan agreements

Housing Wire

Mortgage lender loanDepot , based in Orange County, California, has more bad news tucked away in its latest quarterly earnings report filed with the U.S. Securities and Exchange Commission (SEC) — beyond announcing it was shutting down its wholesale division after posting a second quarter loss of $223.8 million, following on the heels of $91.3 million loss for the prior quarter.

Loans 418
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What Does the Rest of the Year Hold for Home Prices?

Keeping Current Matters

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year?

Marketing 286
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Redwood Trust, Angel Oak Mortgage awash in red ink in Q2

Housing Wire

Redwood Trust Inc. , a real estate investment trust (REIT) based in Mill Valley California that has residential operations focused on nonagency jumbo loans, recently reported a second-quarter 2022 net loss of $100 million, after recording a net gain of $31 million in the prior quarter. Likewise, Atlanta-based A ngel Oak Mortgage Inc. , a real estate investment trust focused on nonqualified mortgages, or non-QM, recently announced that it was struggling with red ink — recording a net loss of $52

Mortgages 397
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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 Affordability Falls to Lowest Level Since Great Recession

Eye on Housing

Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), just 42.8% of new and existing homes sold between the beginning of April and end.

Mortgages 140
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Homepoint takes $44M loss in Q2 amid price war

Housing Wire

Home Point Capital , the parent company of wholesale lender Homepoint , took a loss in the second quarter of 2022, even after reducing costs and selling mortgage servicing rights. The company reported reduced volume and lower margins caused by surging rates and an aggressive pricing strategy from its rival United Wholesale Mortgage (UWM). Homepoint, however, said it will not engage in a price war. “Our bias right now is towards more margins and less volume – that said, obviously, the volum

Principal 397

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FHFA: GSE servicers must keep fair lending data

Housing Wire

In a move the Federal Housing Finance Agency said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. Starting March 1, 2023, servicers will be required to maintain data on borrowers’ age, race, ethnicity, gender and preferred language. The data will stay with the loan throughout the mortgage term, regardless of whether the servicing rights change hands.

Lending 397
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Credit for Builders Less Available, Costs More

Eye on Housing

During the second quarter of 2022, credit became both tighter and more costly on loans for Acquisition, Development & Construction (AD&C) according to NAHB’s Survey on AD&C Financing. The average effective rate (based on rate of return to the lender over the assumed life of the loan taking both the contract interest rate and initial fee into account) increased substantially.

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The Women of Influence Forum workshop: Learn how to create more seats at the table

Housing Wire

One of the best ways to learn and grow is through experience-sharing, vulnerability and collaboration with others, which is what this workshop that rounds out the Women of Influence Forum is designed to create for attendees. The “Creating a Seat at the Table” workshop at the forum, which kicks off HousingWire Annual on Oct. 3, gives attendees an opportunity to take everything they learned throughout the forum and work with their peers to create and brainstorm ways to apply it to thei

Lending 397
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Blueprinting Proptech: Foxy AI

GeekEstate

[Editor’s Note: The GEM is a real estate tech think-tank comprised of 500+ founders, executives, VCs, and practitioners. Our mission is to attract the 1,500 most forward-thinking, and diverse, innovators. Below is a sample of one of the in-depth startup briefings from our Blueprinting Proptech series that members have full access to for only $139/quarter.].

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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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Real Estate Lead Management: Tips on Organizing an Effective Process

Easy Agent Pro

Real Estate Lead Management: Tips on Organizing an Effective Process. If you’re in the real estate business, then you know that generating leads is essential to your success. But what’s often overlooked is the importance of lead management. Converting leads into customers is just as crucial as generating them, and that’s where lead management comes in.

Sales 115
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19th-floor condo in the Oliver Cromwell building offers Central Park views for $1.995M

Fancy Pants Homes

Got a New York minute? If so, let’s take a bite outta the Big Apple with this new luxury listing. Boasting beautiful Central Park views, this 19th-floor condo in the Oliver Cromwell building has recently hit the market for just under $2 million. Here’s the full scoop on the swanky suite in one of Manhattan’s premier residential buildings.

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3 Best Propertybase Alternatives (In-Depth Look)

Easy Agent Pro

3 Best Propertybase Alternatives (In-Depth Look). Are you in the market for a real estate website builder? If so, you’re probably wondering which one is the best option. Propertybase is a popular choice, but it’s not the only one available. In this article, we compare Propertybase to three of its biggest competitors: Easy Agent PRO, Reel Geeks and Agent Image.

Design 115
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National median home price exceeds $400K for the first time

The American Genius for Real Estate

The national home price index data reveals that affordability continues to edge would-be buyers out of the market. The post National median home price exceeds $400K for the first time appeared first on The American Genius Real Estate.

Marketing 105
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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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8 Best Real Estate Website Builders for Agents

Easy Agent Pro

8 Best Real Estate Website Builders for Agents. If you’re a real estate agent, you know that having a well-designed and user-friendly website is essential for your business. But with so many different website builders out there, how do you know which one is right for you? Here are some of the benefits of taking the time to choose the right real estate website builder for your business: See what features each builder offers.

Agents 115
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10 Real Estate Memes That Only Wine-Loving Agents Can Appreciate

Lighter Side of Real Estate

There’s nothing like a nice glass of wine at the end (or in the middle ) of a long day for some real estate agents! If you’re an agent who loves vino, we know just the memes for you! Here are 10 of ‘em that you can bet Shiraz will make you raise your glass and say, “Cheers!”. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. If you liked these memes, you should check out our Inner Circle membership where you can personalize all of them (and tons of other memes and content) with your own branding!

Agents 104
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3 Best Agent Image Alternatives (In-Depth Look)

Easy Agent Pro

3 Best Agent Image Alternatives (In-Depth Look). Real estate agents survive on finding new leads and converting these leads to future sales. A high-quality business website can help you advertise your services and attract new clients. A number of established web design companies specialize in building and maintaining web pages for real estate agents, including Agent Image, Easy Agent PRO and others.

Agents 115
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26 Memes That Sum Up What It’s Like Being a Real Estate Agent

Lighter Side of Real Estate

Being a real estate agent has its ups and downs, and that can literally be from hour to hour! But regardless of whether you’re having a great day, or a down day, there’s nothing a little humor can’t help to make the day better! So take a well-deserved break and have a laugh at 26 memes that sum up what it’s like being a real estate agent: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26.

Agents 104
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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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8 Best Real Estate Marketing Software for Agents

Easy Agent Pro

8 Best Real Estate Marketing Software for Agents. Real Estate Marketing Software. As a real estate agent, you know that staying ahead of the curve is the key to success. In order to stay on top of your game, it’s important to use all the latest and greatest tools available to you. One such tool is real estate marketing software. This software can help you manage your contacts, create listings and more.

Agents 114
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How to Become a Home Inspector: A State-by-State Guide

The Close

Home inspectors play a critical role in the real estate industry. In this article, we’ll show you how to become a home inspector in your state and walk you through the process of getting qualified step-by-step. A home inspector’s job is to verify that the property being purchased is in good structural and mechanical shape and doesn’t have any hidden problems.

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3 Best Real Estate Webmasters Alternatives (In-Depth Look)

Easy Agent Pro

3 Best Real Estate Webmasters Alternatives (In-Depth Look). As the world progresses, more and more people are turning to the internet for their real estate needs. And why not? The internet provides a wealth of information you can’t find anywhere else. If you’re thinking about building a real estate website, you’ll need to find a good platform to do it.

Design 113
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Montana Housing Market Forecast 2022 & 2023

Marco Santarelli

The Montana housing market remains strong in 2022, thanks to a combination of high demand, limited supply, and continuously rising house prices. In June 2022, the typical home in the state of Montana was valued at $448,875. That’s a 25.6% increase year-over-year (YoY), and Zillow predicts the market will continue to rise over the next twelve months.

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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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3 Best Placester Alternatives (In-Depth Look)

Easy Agent Pro

3 Best Placester Alternatives (In-Depth Look). There are a few reasons why you might want to build your own real estate website: You want more control over the design and functionality of your website. You want to save money on website costs. You want to update your website content yourself. If any of these reasons apply to you, then you’ll want to check out some of the top real estate website builders out there.

Agents 110
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More buyers than ever before looked to relocate in July

Real Trends

Even as mortgage rates rose and the overall housing market cooled , the share of homebuyers looking to relocate hit an all-time high in July, according to an analysis from Redfin released Thursday. In July, 33.7% of Redfin.com users looked to move from one metro are to another, up from 32.6% in the first half of the year and 26% prior to the pandemic.

VA loan 97
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7 of the Top We Buy Houses for Cash Companies in Miami

HomeLight

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of companies in this post do not constitute an endorsement. Individual program details can also frequently change — please visit a company’s website for the most up-to-date- information on each program’s fees, market coverage, business model, and more.

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3 Best Boomtown Alternatives (In-Depth Look)

Easy Agent Pro

3 Best Boomtown Alternatives (In-Depth Look). Consumers are increasingly turning to the internet for business information, and potential home buyers are no exception. Real estate websites have become essential tools for agents to grow their businesses and connect with clients. While most real estate brokerages provide their agents with a website, these sites are often very basic.

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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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Building Your Virtual Real Estate Dreams: How the Metaverse “Housing Boom” Might Change Everything

Realty Biz

Real estate investors are always looking out for the next great market to corner. Most recently, it’s been income properties that are ideal short-term rentals for the AirBnB crowd; before that, it was house flipping. And still, before that, the list goes on. However, the newest kid on the block when it comes to real estate investment isn’t anything that exists in the physical world – instead, it’s all about virtual property.

Land 84
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3 Best AgentFire Alternatives (In-Depth Look)

Easy Agent Pro

3 Best AgentFire Alternatives (In-Depth Look). As business is conducted more and more online, your website is increasingly important to generate leads and grow your business. If you’re in the real estate industry, then you know that having a high-quality website is essential to success. You may think you need to hire someone to create a website for you.

Agents 88
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Protestors Rallied Outside Bay Ridge Realtor With Accusations of Illegal Income Discrimination

Brownstoner

Protesters stood in front of the offices of the real estate firm DeFalco Realty in Bay Ridge on the morning of August 5, accusing the company of discriminating against potential tenants based on their source of income. Amid the current hectic environment in New York City’s housing market, where many locals… Read More > The post Protestors Rallied Outside Bay Ridge Realtor With Accusations of Illegal Income Discrimination appeared first on Brownstoner.

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This Week’s Focus Is On Tampa Agents

Realty Biz

This week we travel down to Tampa, Florida, in search of the top real estate professionals in the region. As has been the process in past weeks, we rely on Google and Zillow ratings to isolate the agencies, then drill down to find out their digital and conventional marketing practices. Our methods continue to shift, but we’re homing in on ways consumers can quickly isolate and evaluate the professionals best capable of converting sales.

Agents 76
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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.