Thu.Jun 23, 2022

article thumbnail

The Benefits of B2B Conversions for Real Estate Agents

Realty Biz

Over the past decade, the way in which we market and sell properties has changed. The days of cold-calling and door-knocking are all but gone, and most consumers use online resources to research properties long before they reach out to agents. Now, an increasing percentage of real estate deals are made by referrals from one business to another or what one would consider being B2B conversions.

Agents 97
article thumbnail

Ginnie Mae extends some COVID-19 policies

Housing Wire

Ginnie Mae announced last week that it is extending certain pandemic-era policies, including delinquency reporting exemptions. Delinquency reporting exemptions were set to expire at the end of July, but Ginnie Mae said issuers now have until Jan. 31, 2023. It also said that alternative audit procedures will be accepted until it’s “practicable for issuers.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Keeping Current Matters

If you’re following along with the news today, you’ve heard about rising inflation.

242
242
article thumbnail

Will Realtors ever go extinct?

Housing Wire

In 1997, when I first entered this business, “disintermediation” was a hot topic. Property listings had just gone online. Expedia had launched the previous year and was already upending the travel business. Many believed Realtors were next. At the time, there were 716,000 Realtors in America. Today, there are 1,563,000 Realtors in America. Whoops. An asymmetrical fight for the future.

Branding 395
article thumbnail

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.

article thumbnail

Rates Dropped!

BubbleInfo

Rates have come down a lot over the last two days. Last week the conforming rates were into the 6s. The rates above are with no points, which should mean that you could get a jumbo rate in the mid-4s!

Loans 102
article thumbnail

As fundraising environment freezes, power buyer UpEquity cuts staff

Housing Wire

Austin-based mortgage tech platform UpEquity laid off around 10% of its workforce last week, proof that the rising interest rate landscape hurts real estate technology companies, too. . Co-founded in 2019 by Tim Herman and Louis Wilson, the lender and “power buyer” allows homebuyers to make all-cash offers to compete with institutional investors.

Investor 395

More Trending

article thumbnail

Purchase mortgage rates continue incremental, upward trend

Housing Wire

Purchase mortgage rates this week averaged 5.81% , compared to 5.78% the week prior, when rates rose 55 basis points, the largest 1-week increase since 1987, according to the latest Freddie Mac PMMS index. A year ago at this time, 30-year fixed rate purchase rates were at 3.02%. The PMMS, a government-sponsored enterprise index, accounts solely for purchase mortgages reported by lenders during the past three days.

Mortgages 383
article thumbnail

Hiring a Transaction Coordinator: The Foundation of Growing Your Business

Tom Ferry

Congratulations! You’ve just gotten some deals under contract, and you have a lot to look forward to, such as hour of paperwork, setting appointments, coordinating with attorneys, lenders, inspectors… and… best of all, you’ll have no more deals lined up when you’re done. Sorry… I guess it’s hard to convey sarcasm in a blog. If […]. The post Hiring a Transaction Coordinator: The Foundation of Growing Your Business appeared first on Tom Ferry.

Agents 101
article thumbnail

Homebuyer affordability worsens in May amid inflation, higher mortgage rates

Housing Wire

Homebuyer affordability decreased slightly in May, as new mortgages took up a larger share of a the average person’s income while rates trended higher. High inflation and rising mortgage rates won’t lessen the burden on new home buyers in the coming months. The national median payment applied for by applicants rose to $1,897 last month from April’s $1,889, according to the Mortgage Bankers Association (MBA).

Mortgages 383
article thumbnail

Mega team leader reveals game-changing system for scaling

Real Trends

After Chris Suarez’s second major move forced him to restart his real estate business for the third time, he thought that there had to be a better way to do things. “The problem with real estate is that it is handcuffed to a location, as opposed to a business model where you can continue your business regardless of where you are,” said Suarez, co-founder and co-CEO of PLACE.com , a full-service real estate technology platform.

article thumbnail

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.

article thumbnail

Towns With the Best Quality of Life

BubbleInfo

We are #12 only because of the higher cost of housing. According to usnews.com, the best places to live in the U.S. for quality of life are: Ann Arbor, Michigan Boulder, Colorado San Jose, California Naples, Florida Trenton, New Jersey Madison, Wisconsin Boston, Mass Fort Collins, Colorado Reno, Nevada Portland, Maine Hartford, Conn San Diego, […].

97
article thumbnail

‘Big Little Lies’ houses: Tracking down the Monterey Five’s stunning California homes

Fancy Pants Homes

With an onslaught of non-stop drama, a slew of Hollywood heavyweights, and an abundance of breathtaking filming locations, HBO’s Big Little Lies was always destined to be a raving success. Luckily, the two-seasons drama based on Liane Moriarty’s 2014 smash-hit book of the same name certainly didn’t disappoint. It did, however, switch up the location of the action basing the Monterey five in California instead of Australia like in the book.

Staging 96
article thumbnail

New Edition of the Brooklyn Heights Design Showhouse to Open in September

Brownstoner

The pandemic may have bumped the third iteration of the Brooklyn Heights Designer Showhouse, but a new group of designers are now gearing up to work their magic and transform a Greek Revival townhouse in time for a fall unveiling. Co-chaired by Ellen Hamilton and Erika Belsey Worth, the event,… Read More > The post New Edition of the Brooklyn Heights Design Showhouse to Open in September appeared first on Brownstoner.

Design 100
article thumbnail

One in Three Workers in Construction Is Hispanic

Eye on Housing

Hispanics are an important source of labor in the U.S. construction industry, where skilled labor shortage is a long-term issue. One in three workers in the US construction industry is Hispanic. The latest labor force statistics from the 2021 Current Population Survey show that Non-Hispanic Whites account for the majority of workers in the construction industry (59%).Hispanics make up close.

article thumbnail

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.

article thumbnail

Developer Set to Build New York City’s First Geothermal Powered Hotel in Bushwick

Brownstoner

The once-derelict lot at 27 Stewart Avenue in Bushwick had been earmarked for a nine-story hotel since plans were filed in 2015, but with little to no progress in the past seven years, the site — also a brownfield — instead turned into a local dumping ground. But since late 2021,… Read More > The post Developer Set to Build New York City’s First Geothermal Powered Hotel in Bushwick appeared first on Brownstoner.

article thumbnail

10 Texting Etiquette Tips for Real Estate Agents

Agent Fire

Texting is a quick, casual way for real estate agents to communicate with clients - but it definitely has its downfalls and risks. Here are 10 key texting etiquette tips for real estate agents. 10 Texting Etiquette Tips for Real Estate Agents is just one of many great real estate strategies on The Spark.

Agents 85
article thumbnail

The Insider: Creative Solutions Address ‘Weird Geometry’ of Triangular Park Slope Prewar

Brownstoner

Few Brooklyn apartments present space-planning challenges as unique as those confronting architect Themis Haralabides, cofounder of Park Slope's reBuild Workshop, where the focus is on sustainability and, usually, the transformation of vintage townhouses into energy-efficient homes for modern living. When Haralabides was called to take a look at an apartment in the… Read More > The post The Insider: Creative Solutions Address ‘Weird Geometry’ of Triangular Park Slope Prewar

As-is 88
article thumbnail

JtR = $800,000 Over List!

BubbleInfo

When we listed 365 Marine Street in La Jolla for $6,950,000, the price was very aggressive at $2,401/sf. A top agent called it ‘oceanfront pricing’ Here’s the strategy I employed to sell for top dollar at minimum risk! Here is my home tour: This was my tour of the super-custom features in the home: [link].

Agents 72
article thumbnail

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.

article thumbnail

Brooklyn Heights Loft Studio With Views, Built-ins, High Ceilings Asks $3,700 a Month

Brownstoner

With an oblique entrance down a hall and built-ins forming a bed niche, this Brooklyn Heights studio doesn't give up all its secrets at once. Big windows on two exposures with views -- including of the Manhattan skyline -- and high ceilings also help create an impression of spaciousness. The apartment… Read More > The post Brooklyn Heights Loft Studio With Views, Built-ins, High Ceilings Asks $3,700 a Month appeared first on Brownstoner.

article thumbnail

Life of Luxury | The Rural, Royal Treatment in Oxshott

Sotheby's International Real Estate

For British affluents, it has long been fashionable to trade the bustling furor of London for the bucolic calm of the countryside. While it’s necessary to travel into town for business and leisure, the greatest privilege is the option to leave it behind at the end of the day’s responsibilities and escape to a country estate somewhere green, serene, and private.

71
article thumbnail

Daily Links: In Settlement, MTA Agrees to Make Most Stations Accessible Within 33 Years

Brownstoner

In the News Paying $40,000 a Month in Brooklyn, and Other Sky-High Rents [NYT] East ‘Burg: A ‘Gritty, Industrial Vibe,’ With Pliable Borders [NYT] MTA to Make Most Subway Stations Accessible by 2055 [BK Paper] Sunset Park Tenants Displaced by Fire Rally Against Landlord [BK Paper] Creativity Comes to Life at Brooklyn Museum Juneteenth Celebration… Read More > The post Daily Links: In Settlement, MTA Agrees to Make Most Stations Accessible Within 33 Years appeared first on Brownstoner.

article thumbnail

Four Horsemen of the Housing Apocalypse, Part 5: What It All Might Mean

Notorious ROB

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh. Monthly Subscription. $ 20. Monthly. Subscribe Now. Annual Subscription. $ 200. Annually (Save $40). Subscribe Now. The post Four Horsemen of the Housing Apocalypse, Part 5: What It All Might Mean appeared first on NotoriousROB.

MLS 70
article thumbnail

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.

article thumbnail

Blockchain Home Registry: Homeowners can claim a NFT of their property!

The American Genius for Real Estate

(HOMEOWNERSHIP) Blockchain home registry lets homeowners claim a NFT of their property, giving access to a permanent, transferable, historical record. The post Blockchain Home Registry: Homeowners can claim a NFT of their property! appeared first on The American Genius Real Estate.

article thumbnail

Tatiana Pimentel joins Engel & Völkers as a Real Estate Advisor

Realty Biz

Engel & Völkers of East Greenwich announced today that Tatiana Pimentel has joined its brokerage as a real estate advisor, bringing 15 years of sales management experience, as well as investment strategy expertise to this new role. . Tatiana represents investors and helps new multi-family homeowners build their net worth through real estate. She found her niche in 2017 after helping her first two clients purchase multi-family properties to offset their living expenses.

article thumbnail

Blockchain Home Registry: Homeowners can claim a NFT of their property!

The American Genius for Real Estate

(HOMEOWNERSHIP) Blockchain home registry lets homeowners claim a NFT of their property, giving access to a permanent, transferable, historical record. The post Blockchain Home Registry: Homeowners can claim a NFT of their property! appeared first on The American Genius Real Estate.

59
article thumbnail

Will Crypto Real Estate Stay Hot in the Next 5 Years?

Mashvisor

Crypto and blockchain have disrupted multiple industries, and real estate is not an exception. Want to know how it happened? Let’s get down to it!

article thumbnail

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.

article thumbnail

Redfin & Money.com Answer Your Top Questions about Crypto Real Estate

Redfin

Cryptocurrency is changing how we think about money, investing, shopping, and even real estate. That’s why we’ve teamed up with Money.com to discuss how cryptocurrency may influence your next home purchase or sale. . From comparing the advantages and disadvantages of blockchain real estate loans to expert opinions from Redfin Chief Economist Daryl Fairweather, this article will answer your top questions about crypto real estate. .

Loans 62
article thumbnail

What to Invest in Right Now: 7 Strategies for Every Investor

Mashvisor

Investing is one of the best ways of securing one’s financial future. And investing over the long term is considered the best way to invest.

article thumbnail

Eliminate Clutter with These Cheap Garage Organization Tips

Redfin

If you’re like many homeowners, your garage has devolved into a makeshift storage space with little to no room to move around. Maybe your garage is filled with mounds of random seasonal items, supplies, power tools, leftover paint, and other miscellaneous items. Maybe the clutter makes it impossible to access your garage door. If this sounds like your situation, you could probably use some organizing help.

As-is 62
article thumbnail

Best Destinations for Tax Advantage Buying

The Residential Specialist

By Victoria Cohen. According to a new report from Redfin, demand for second homes in December 2021 was up 77% from pre-pandemic levels. When helping your buyers find their next opportunity or investment property, local taxes—and tax benefits, particularly—are important factors to consider. Buying a house can be expensive, so understanding the tax laws of the region is imperative when purchasing a property.

Title 52
article thumbnail

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.