Thu.Jan 19, 2023

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The title industry’s role in uncertain times

Housing Wire

After years of historic growth, the housing market is beginning to normalize. Home prices nationwide fell between August and September, marking the first time prices have declined for three consecutive months in nearly four years, according to the Case-Shiller National Home Price Index. As both the real estate industry and consumers prepare for what’s to come, it is critical that we do not take for granted the products and systems that have carried us through other cycles of economic downturn.

Title 450
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VC trends to watch, leadership tips and leveraging video

Inman

Inman Access is dropping three new classes to help you navigate shifts in investor sentiment, expand your skills as a team leader and get the best tips on leveraging video as a marketing tool.

Investor 193
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Mortgage rate protections, price discounts help reel in hesitant borrowers

Housing Wire

Declining mortgage rates spurred the demand for home loans at the beginning of 2023, spreading optimism across the industry. But that’s not the only reason for the uptick. After months of a slowing housing market, sellers are offering more discounts to close deals and mortgage lenders are launching programs to protect their clients’ rates. “The fall in mortgage rates creates opportunities for many buyers, as a lower mortgage rate brings down the monthly payment,” Nadia E

Mortgages 421
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Pre-Approval in 2023: What You Need To Know

Keeping Current Matters

One of the first steps in your homebuying journey is getting pre-approved.

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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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Did Michael Strauss, accused of fraud, just start a new mortgage company?

Housing Wire

When industry veteran Michael Strauss abruptly shut down Long Island-based Sprout Mortgage in early July, there was uproar. Shocked employees didn’t receive their last paychecks. There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. The lawsuits quickly came pouring in, but Strauss never did seek bankruptcy protection for Sprout or its affiliates.

Mortgages 397
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23 video content ideas every real estate agent should make in 2023

Inman

Whether you’re going all in on video in 2023 or creating your first, these 23 video content ideas from Jimmy Burgess will get you in front of more potential clients, position you as the local expert and get your creative juices flowing.

Agents 161

More Trending

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The Agency 2022 Red Paper: A softening, but still strong market

Inman

"The key takeaway is this," CEO Mauricio Umansky said of this year's report. "Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation.

Marketing 161
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Guaranty Home Mortgage hires EVP to expand retail channel

Housing Wire

Tennessee-based mortgage lender Guaranty Home Mortgage Corporation hired Andy Voyles as executive vice president and director of retail lending. The mortgage lender hopes to boost volume in the channel. Voyles will be responsible for growing the retail division overseeing sales, operations and marketing as well as building on the existing framework, the company said Wednesday.

Mortgages 384
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Mortgage rate swing created ‘more normal’ market in December

Inman

Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report. The dip was enough for buyers to navigate the winter market, but wasn't enough for would-be sellers to list.

Mortgages 155
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loanDepot and Black Knight partner on integrated loan origination system

Housing Wire

Nonbank California lender loanDepot will start moving some of its backend operations to Black Knight ‘s cloud-based version of the Empower loan origination system this year as the firm continues its efforts to cut costs. Black Knight’s loan origination system will complement and integrate with loanDepot’s proprietary technology system, mello, which rolled out in 2017, Black Knight said on Thursday.

Loans 368
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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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Layoffs hit rent-to-own company Home Partners of America

Inman

Layoffs come a week after the shutdown of RealSure, Home Partners' iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management.

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Bring Hygge Home With These 6 Interior Design Tips

Sotheby's International Real Estate

Barcelona & Costa Brava Sotheby’s International Realty It’s no coincidence that the word hygge sounds a lot like “hug” when pronounced correctly—“hoo-gah”. The concept is Scandinavian in origin, though Denmark is the nation that elevated it to aspirational lifestyle status. Fittingly enough, hygge-centric designs often create spaces that feel like a warm embrace, fostering a sense of coziness and conviviality along with feelings of wholeness and well-being.

Design 121
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New year, new listing: 10 ways to update that won’t break the bank

Inman

Whether it’s a brand-new listing or last year’s listing that’s still languishing on the market, these updates from Doora Designs' Antoinette Fargo will make it look like new.

Banks 155
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HUD Announces Numerous Changes to Handbook 4000.1

McKissock

On January 18, 2023, HUD issued an announcement regarding revisions made to Handbook 4000.1. According to the announcement, the revisions included “enhancements and revisions to existing guidelines and various technical edits.” The most significant of these revisions was the elimination of the requirement to include the 1004MC form as an attachment to the appraisal report.

Sales 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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IBuying-minded HomeBldr upgrades investment analysis tools

Inman

The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements.

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Trendy Ways Landlords Can Attract and Retain Tenants

GeekEstate

As the real estate industry continues to change rapidly, it is imperative for landlords and real estate investors to stay competitive in the rental market, ensuring they keep properties occupied and bringing in rental income. A large selling point for many potential tenants surrounds the types of amenities and smart home technology offered at a property.

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The Adrian and Natalie Team joins Corcoran Group from CORE

Inman

Founded in 2018, the team's career sales volume exceeds $300 million, and in 2022, the team was ranked one of the top in New York State by RealTrends.

Sales 161
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Canadian Mortgage Debt Grinds To A Halt After Hitting Over $2 Trillion

Better Dwelling

Canadian mortgage credit continues to slow as rising rates grind the market to a halt. Bank of Canada (BoC) data shows outstanding residential mortgage credit rose in November. However, it was one of the slowest months we’ve seen since 2020. Annual growth remains robust, but recent activity is bringing the trend lower. Canadian Mortgage Debt […] The post Canadian Mortgage Debt Grinds To A Halt After Hitting Over $2 Trillion appeared first on Better Dwelling.

Mortgages 111
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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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Opendoor explores the possibilities of a move in new ad campaign

Inman

The campaign dubbed "This is a Door" pays tribute to the unexpected possibilities that go along with turning a new chapter in life, such as weddings, having babies and adopting new pets.

As-is 154
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2022 Commercial Real Estate Top Performers and 2023 Outlook

NAR: Economic Outlook

2022 Commercial Real Estate Top Performers Commercial real estate performed well overall in 2022. However, 2023 will be challenging for most commercial real estate market sectors.

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How to help your agents break into the investor niche

Inman

In this week’s video column, @properties Christie’s International Real Estate executives Amy Corr and Kevin Van Eck encourage brokers to look to investment and second home properties as a way for their agents to maintain income and grow their businesses – especially in a changing market.

Agents 154
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Comparing to Last January

BubbleInfo

The chart above shows that there were 61 new NSDCC pendings through January 16th last year – when mortgage rates were in the low-3s and we were in full frenzy mode. Through the 18th, there are 62 new pendings this month! We are on about the same pace as last year? Who woulda thunk it?

Mortgages 105
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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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Broker Spotlight: Hilary Farnum-Fasth, Corcoran Reverie

Inman

This week the spotlight shines on Hilary Farnum-Fasth of Corcoran Reverie, a broker serving markets in both North Florida and Tennessee.

Marketing 155
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Remodeling Market Sentiment Weakened in Fourth Quarter but Remains Positive

Eye on Housing

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter of 2022 posted a reading of 66, falling 17 points from the fourth quarter of 2021. While there is a sharp decline in RMI year-over-year, it remains in positive territory as remodeling continues to outperform the rest of the residential construction sector, whether one looks at construction spending or.

Marketing 103
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The key to real estate success? It’s not who you know, it’s how you connect

Inman

In real estate, time is money. Knowing a little of what to expect at the upcoming Inman Connect will help you feel right at home and make the most of your time in New York.

Agents 128
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6 Landscaping Improvement Projects That Offer the Best and Worst Returns on Investment

Realtor.com

Harper Elm General Contractor viz Houzz What your house looks like outside is just as important as what it looks like inside—especially if you plan on selling it one day. Boosting your curb appeal will not only elevate your enjoyment of—and confidence in—your home, it will also mark an important investment in its long-term value. Curb appeal alone can add 7% or more to the value of your home.

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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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Feeling Gucci: What Really Defines A Luxury Real Estate Agent?

Broke Agent Media

Luxury shouldn’t be limited to the top of the market or a certain price point. Instead, luxury service is all about how you make your clients feel, no matter what their budget may be. When you were shopping for the holidays, did your list take you to a luxury retailer or an upscale department store? What did you take away from the experience? Whether you were buying a keyfob or a $10,000 purse, how did it feel to shop there, and, more importantly, how did they make you feel during the process?

Agents 98
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Want a Low Interest Rate? When Switching Your Mortgage to an ARM Makes Sense

Realtor.com

Getty Images If you have a fixed-rate mortgage , your payment is the same amount every month and never changes no matter how much the interest rates fluctuate. While there’s some comfort to that, wouldn’t it be amazing to have a lower house payment when you’re trying to tighten the purse strings? That’s where an adjustable-rate mortgage , or ARM, comes in.

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Agents React: Are Your Sellers Your Boss?

Broke Agent Media

This week, marketing expert and best-selling author Chris Smith posed a simple question on Instagram. It didn’t take long for the post to rack up some comments from agents about power dynamics between sellers and agents. View this post on Instagram A post shared by Chris Smith (@chris_smth) For many agents, treating a seller as a boss might feel counterintuitive to their mission to be their own boss and make their own schedule.

Agents 98
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What Does it Mean When a House is Under Contract?

Maximum Exposure Real Estate

What Does Under Contract Mean? When you set out to purchase a home, you’re likely to find properties “under contract” on a real estate listing. Houses under contract mean that an offer has been accepted. Under contract real estate often goes into “contingent status” and then moves to “pending status.” These listing statuses have slightly […] The post What Does it Mean When a House is Under Contract?

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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.