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 73
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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 397
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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 239
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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 384
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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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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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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 384

More Trending

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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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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 104
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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 102
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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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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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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 100
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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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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 95
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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 91
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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 91
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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 94
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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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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 93
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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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Tax When Selling Vacation Homes & Rentals

BubbleInfo

What if you convert a vacation home to your primary residence, live there for at least two years and then sell it? Can you qualify for the full $250,000/$500,000 capital gains tax exclusion? No. If you sell a main home that you previously used as a vacation home, some or all of the gain is […].

As-is 81
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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 89
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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 79
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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 84
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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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What Does It Take to Develop a Canine Retreat Like Paw and Pints?

Realty Biz

Did you know that nearly half of Americans have adopted a new dog since the start of 2020? With all of these new pet dogs, the canine retreat industry has been booming! But what does it really take to start your own canine real estate retreat like Paw & Pints? Is it really that difficult? If you are trying to start a canine retreat, you are probably aware of how profitable they can be.

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New Development Spotlight: Ascent at the Phoenician in Scottsdale, Arizona

Sotheby's International Real Estate

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Scottsdale, Arizona | Russ Lyon Sotheby’s International Realty. Ascent is masterplanned and developed by Replay Destinations and a team of award-winning architects, interior designers, and landscape designers.

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Market shifts should mean a marketing shift 

Real Trends

As a real estate coach, I count it such an honor to have a “wizard of oz” moment with you. In other words, the nature of coaching requires agents and brokers to pull back the curtain and reveal the “magic” of their business operations. As some of us begin to feel a financial squeeze in various parts of the nation, I am seeing something harmful to their continued business success.

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How Much Does a Real Estate Agent Make?

RISMedia

By Bill Gassett Are you considering becoming a real estate agent? If so, you're not alone. Many people are flocking to the real estate industry, especially after how it has performed over the last few years. If a career in real estate seems appealing, you likely want to know how much REALTORS® get paid. Without […]. The post How Much Does a Real Estate Agent Make?

Agents 97
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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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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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Zillow makes AI-powered virtual tour tech available to everyone

Realty Biz

Zillow has said its artificial intelligence-powered virtual home tours are now available nationwide on all listings, giving prospective home buyers and renters a better sense of a home before they step inside. The free, AI-generated floor plan tool is known as “Zillow Surfing”, and is meant to save searchers valuable time while they’re looking through available listings.

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How to beat your own stress to be able to help stressful clients

The American Genius for Real Estate

A team of 3 researchers published an interesting study on how customer service can be improved by recognizing a customer’s stress level before a connection with your business is made. For example, a customer can often be anxious over using a particular service, i.e., a funeral home or a lawyer in connection with a divorce. […]. The post How to beat your own stress to be able to help stressful clients appeared first on The American Genius Real Estate.

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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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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.