Fri.Aug 06, 2021

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First American fined $1 million for illegal perks to agents

Housing Wire

First American Title Co. will pay a $1 million fine for improper benefits given to California real estate agents. The company, one of the “Big Four” title insurers, agreed to pay a $1.185 million penalty after California state regulators alleged that a marketing representative provided agents illegal perks such as video marketing and drone footage of listings with placement on social media sites, and bus caravans to promote listings.

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Ready To Sell, but Don’t Know Where You’ll Go? [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re thinking of selling your house but don’t know what you should buy, you have options. Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home construction lets you create your perfect home, cash in on energy efficiency, and minimize repairs. Whether you’re looking for newly built or existing homes, both have their perks.

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If you haven’t refinanced yet, is it still worth it?

Housing Wire

Mortgage rates vary. Take the pandemic, for example. Interest rates were at an all-time low last year, which is why the housing market saw such a spike. Consumers took advantage of those low rates. Some purchased a new home and others refinanced their mortgage. According to Freddie Mac , borrowers saved thousands in 2020 by refinancing. But as the world slowly gets back to normal, mortgage rates have slowly been rising.

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The Canadian Property Bubble Has Grown For 24 Years, Longer Than Any Other G7

Better Dwelling

Canadian real estate is perfectly efficient, and households never display signs of exuberance. That or it’s a ticking time bomb, waiting to go off. This year marks the 24th year of expanding home prices in Canada, and we’re two quarters into it. This isn’t just the longest expansion in Canadian history, it’s one of the […]. The post The Canadian Property Bubble Has Grown For 24 Years, Longer Than Any Other G7 appeared first on Better Dwelling.

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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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Broker Study

Housing Wire

Broker Studies. Broker Study 1. Broker Study 2. Broker Study 3. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

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Cool Listings: A $9.95 Million Starship-Like Home Celebrates Both the Future & the Past

Fancy Pants Homes

A striking architectural home — that looks like it was created as a home base for captain Kirk (or maybe Picard?) — recently came to market near the Sun Valley resort town in Idaho. Aptly called the Sun Valley Starship, the unique property towers above a manmade pond with its imposing concrete, steel, glass and reclaimed antique wood structure.

Design 138

More Trending

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U.S. Labor Market Strengthening, But Construction Jobs Still Low

RIS Media

The U.S. added 943,000 jobs in July, with the unemployment rate decreasing to 5.4%, according to the latest data from the U.S. Bureau of Labor Statistics. The most notable job gains occurred in leisure and hospitality, local government. education, and professional and business services. Real estate and rental and leasing saw a significant boost (+18,000).

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Two Tools to Convert More of Your Website Traffic into Real Estate Leads

Agent Drive

If you’re looking for fresh new real estate marketing ideas, we’ve got two powerful real estate marketing tools for you. Each of them is going to give you a competitive edge because most real estate marketers aren’t using them yet. They both offer an affordable way to reach new prospects and convert more of them […]. The post Two Tools to Convert More of Your Website Traffic into Real Estate Leads appeared first on AgentDrive.

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NAR Subsidiaries Donate $1.25 Million to REALTORS® Relief Foundation

RIS Media

In 2001, immediately after the REALTORS® Relief Foundation was founded, the National Association of REALTORS® (NAR) made a $1 million donation to kick off a fundraising drive which ultimately generated $8.5 million for the families of the victims of the Sept. 11, 2001, terrorist attacks. The association is reaffirming its commitment from two decades ago by working with its subsidiary organizations to make an unprecedented $1,250,000 collective donation to the Foundation’s 20th Anniversary

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Top 10 Coldwell Banker Stories of the Month – July 2021

Coldwell Banker

Extra, extra! Read the top 10 news items that ran in July about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – July 2021 appeared first on Coldwell Banker Blue Matter.

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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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Good-Faith Deposit

BubbleInfo

It is a very rare occurrence where a buyer wants to cancel the sale after releasing all contingencies because they know they could potentially lose their deposit. Would they give up a five-figure or six-figure deposit easily, or fight it out with the seller? If they fight, then the property gets hung up in litigation […].

Sales 105
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Luxury Real Estate Headlines: First Week in August 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Decatur, Georgia | Frank Wynne, Atlanta Fine Homes Sotheby’s International Realty . Built in the early 1950s by local Atlanta architect Thomas E. Garner, the retro house is “work of art,” according to the listing with Frank Wynne of Atlanta Fine Homes Sotheby’s International Realty.

Sales 104
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Another Look at if We are Headed for a Real Estate Bubble

Realty Biz

Let’s not lose sight of the fact that it was a housing market crash 13 years ago that set off a worldwide recession. Not that we are on the verge of another Great Recession, but we must be aware of the ongoing signals of distress in the real estate market if another meltdown is to be avoided. Home prices are on track to reach an unaffordable and unsustainable 20% increase this year.

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Another Mortgage Rate Dip Amid Delta Concerns

RIS Media

Freddie Mac recently announced that the 30-year fixed mortgage rate (FRM) averaged 2.77%, according to its Primary Mortgage Market Survey® (PMMS®). Mortgage details: – 30-year fixed-rate mortgage averaged 2.77% with an average 0.6 point for the week ending Aug. 5, 2021, down from last week when it averaged 2.80%. A year ago at this time, the 30-year FRM averaged 2.88%. – 15-year fixed-rate mortgage averaged 2.10% with an average 0.6 point, unchanged from last week.

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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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Mortgage and refinance rates today, August 6, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose again yesterday. And they begin this Friday only a little lower than they did this time last week. This morning’s excellent […].

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Leverage Your Time, Energy and Money in a Busy Real Estate Market

RIS Media

There’s a big difference between owning a business and having a job. With a job, you clock in, clock out and always get paid on time. When you work for yourself, however, you create your own path, getting out of your business what you put into it. This gives you wonderful freedom and the ability to call the shots. The downside is that with limited amounts of time, energy and money, juggling all your daily activities can be challenging especially amid a busy real estate market.

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How to Become an Appraiser in 3 Steps

McKissock

To become a licensed appraiser , most states require you to start out as an appraisal trainee and obtain a certain number of hours of experience before you can appraise real property on your own. Many states have different titles for trainees, such as apprentice appraiser or registered appraiser. Some states require you to earn a college degree , but some don’t.

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CFPB Clarifies Mortgage Requirements for Juneteenth

RIS Media

This year, Juneteenth was formally made a Federal holiday just a few days ahead of June 19, leaving those in the mortgage industry with questions about whether or not the day should be considered a business day for purposes of compliance. The Consumer Financial Protection Bureau (CFPB) has now released an interpretive rule to clarify mortgage requirements in regards to the new holiday.

Mortgages 104
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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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Floridas Sale Tax Free Holiday On School Supplies

Waterfront Properties

For students in Martin County and Palm Beach County, this weekend is the last weekend of summer and the last weekend to take advantage of Florida’s Tax-Free Sales Holiday on clothes and school items. The Tax-Free Holiday began on July 31st and continues until Monday, August 9th, just in time before the school year starts. During this time, shoppers will be exempt from sales tax in the state of Florida for certain school supplies, clothing, and electronics.

Sales 98
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Should You Heat Your Basement?

RIS Media

If your home has a finished basement, or if you’re thinking about turning the basement into a family room, home gym or bedroom, you’ll obviously want it to be warm when people spend time downstairs in the colder months. If you have an unfinished basement and people rarely go down there, you might think that there’s no need to heat it, but there are several reasons why you should.

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Williamsburg Local Mugs Ale House Returning Under Slightly Different Name

Brownstoner

A legendary Williamsburg bar is coming back to life—under a slightly different name. Mugs Ale House, which closed in June 2019 after 27 years at 125 Bedford Avenue, will soon reopen under the slight name change of “Megs Ale House,” according to the agenda for Community Board 1's State Liquor Authority… Read More > The post Williamsburg Local Mugs Ale House Returning Under Slightly Different Name appeared first on Brownstoner.

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Your CRS Designation Can Help You Stand Out in a Crowded Field

RIS Media

With more than 1.4 million real estate agents in the United States, standing out from the competition can be difficult—especially in the current inventory-challenged market. Check out these ways your CRS Designation can give you a competitive edge and help you stand out among the crowd. 1. Find an avenue to network with the top-producing agents worldwide.

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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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A Medieval-Inspired Service Center for the Autos of 1920s Crown Heights

Brownstoner

Editor’s note: This story is an update of one that ran in 2013. Read the original here.4 It must have been quite exciting to have been around at the dawn of the automobile age. Like today’s personal computer and cell phone age, as soon as a couple of pioneers established the… Read More > The post A Medieval-Inspired Service Center for the Autos of 1920s Crown Heights appeared first on Brownstoner.

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Brenda Elliott of Weichert, REALTORS® Named 2021 Franchise Rock Star

RIS Media

Brenda Elliott, broker/owner of Weichert, REALTORS® – The Space Place, was recently named to a list of 2021 Franchise Rock Stars by Franchise Business Review , an independent market research firm. Each year, Franchise Business Review’s researchers aim to identify individuals who set an exceptional example of achieving success within their franchise model.

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An Elegant Worker’s Row House in Williamsburg and Three More to See, Starting at $1.6 Million

Brownstoner

Our picks for open houses to see this warm and sunny weekend are found in Williamsburg, Bed Stuy and Bensonhurst. They range in price from $1.6 million to $2.85 million. Possessed of a large and lush backyard and convenient north Williamsburg location, this simple but elegant 19th century workingman's brick… Read More > The post An Elegant Worker’s Row House in Williamsburg and Three More to See, Starting at $1.6 Million appeared first on Brownstoner.

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Job Gains Accelerate in July

Eye on Housing

In July, U.S. job growth experienced a solid gain. Total payroll employment rose by 943,000 and the unemployment rate dropped sharply to 5.4%. The July data shows additional growth momentum at the beginning of the second half of the year. In the coming months, the surge of the Delta variant could affect the labor market as Covid-19 restrictions tighten to.

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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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The 7 Easiest (And Effective) Ways To Show Your Expertise As A Realtor Online

Agent Fire

In today's article, Guest Writer Kenneth Boyd shows you the 7 easiest and most effective ways of showing your expertise as a real estate agent online. The 7 Easiest (And Effective) Ways To Show Your Expertise As A Realtor Online is just one of many great real estate strategies on The Spark.

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Partner or Provider? How to Tell Whether or Not Your Association Management Software Is Meeting Your Needs

App Folio

Having a solid partnership with your technology provider is critical to the survival and success of your community association management.

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Survey: 42% Say COVID-19 Is Still Impacting Their Business

RISMedia

It’s hard to believe the COVID-19 pandemic has been a fixture of everyday life since March 2020. While much of the U.S. has returned to some semblance of “normalcy,” highly infectious variants such as Delta threaten to curb back some of the newly-gained momentum, and a huge swath of the industry is concerned, according to new […]. The post Survey: 42% Say COVID-19 Is Still Impacting Their Business appeared first on RISMedia's Housecall.

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Home That’s Not Really a Home Is This Week’s Most Popular Home

Realtor.com

A structure on the market in Texas for nearly a million bucks looks like a home. But this week's most popular listing is hardly your average suburban home. The post Home That’s Not Really a Home Is This Week’s Most Popular Home appeared first on Real Estate News & Insights | realtor.com®.

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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.