Wed.Sep 16, 2020

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Fed says expect low rates through 2023

Housing Wire

The Federal Reserve left its overnight lending rate unchanged on Wednesday at the end of its last meeting before the Nov. 3 presidential election and said it expects to keep it near zero for more than a year. In a statement released Wednesday, all 17 members of the Federal Open Market Committee said they expect to keep the central bank’s benchmark rate near zero at least through next year, and 13 estimated it would stay there through 2023.

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The Surging Real Estate Market Continues to Climb

Keeping Current Matters

Earlier this year, realtor.com announced the release of the Housing Recovery Index , a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following: Housing Demand – Growth in online search activity. Home Price – Growth in asking prices.

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MBA: Refi index still 30% higher than last year even as mortgage applications slow

Housing Wire

Mortgage applications decreased 2.5% last week after seeing some positivity the week prior , according to a report from the Mortgage Bankers Association. The refinance index decreased 4% compared to the week prior but remains 30% higher than the same week last year. According to Joel Kan, MBA’s associate vice president of economic and industry forecasting, demand for refinances may be slowing due to remaining borrowers waiting for another sizable drop in rates.

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Doggy Dream Home Makeover: The Handmade Home’s Backyard Bungalow

Homes.com

Ashley and Jamin Mills of The Handmade Home are giving us a glimpse of how their fur babies live lavishly. Want a dream dog pad of your own? Then join us for this DIY abode. The post Doggy Dream Home Makeover: The Handmade Home’s Backyard Bungalow appeared first on Homes.com.

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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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More young adults live at home now than during the Great Depression

Housing Wire

While at the beginning of the year it seemed like Millennials and Generation Z were going to take hold of the housing market in 2020, the pandemic drastically changed that prediction. For the first time since the Great Depression, the majority of young adults are living with their parents, according to a new Pew Research Center analysis of monthly Census Bureau data.

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10 Easy Ways to Break Into the Luxury Market (If You’re Not Rich)

The Close

So, you want to work with beautiful homes and high net worth individuals, but you don’t know how to break through into the world of luxury real estate. Maybe you have tried to farm to luxury homes but you didn’t get any responses. You probably feel like you are invisible to them. That’s because you are invisible to them. Or is it worse than that?

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Why you should check Google Street View before listing a property

The American Genius for Real Estate

(MARKETING) Before you list a property, there’s one unexpected factor to check: What does it look like on Google Street View? And is it blurred out? The post Why you should check Google Street View before listing a property appeared first on The American Genius Real Estate.

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Title insurance premiums surging during COVID-19 pandemic

Housing Wire

The title insurance industry saw a surge in premium volume in the second quarter of 2020, according to the American Land Title Association’s latest Market Share Analysis. It’s no secret that lending volume is up in 2020. In fact, the latest Fannie Mae forecast says mortgage lending will hit an all-time high of $3.9 trillion this year, largely due to record volumes of refinancings.

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Ohio Home With Oval Office Replica Is the Ultimate Work-From-Home Setup

Realtor.com

Catherine Walker Hail to the chief—we’ve found the ultimate work-from-home setup. A 10,000-square-foot home on Sanctuary Drive in Kirtland Hills, OH, comes with a remarkable replica of the Oval Office. You can buy the office and the house—which is not white—for $2,695,000. The owner “was finding ways to use space, and he found this oval office idea to use the huge attic space that was completely unfinished,” says co-listing agent Jenifer Black.

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Here are 2020’s top companies in title so far

Housing Wire

The title industry experienced quite a rush in the second quarter of 2020 with $4.18 billion in title insurance premiums generated. According to a report from the American Land Title Association , family markets made up nearly 81% of those gains while independent companies shared what remained. Below are the top 4 companies in title by market share for the second quarter.

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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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Kansas’s Most Expensive Home Is a $10.9M Mansion With a Wild Water Park

Realtor.com

The Perfect Spot A mansion with its own artificial spot to scuba dive and cliff dive is the most expensive listing in the state of Kansas. Listed for $10.9 million, a house known as the Spirit of Avalon, on Renner Road in Lake Quivira, KS, sits on almost 15 acres. “You truly feel like you’re stepping onto the grounds of a resort. It really takes your breath away,” says the listing agent, Katie Casey. “The house is so far from the road, you can’t see it at all.

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Louisiana brokers now have access to Texas MLS

Housing Wire

North Texas Real Estate Information Systems has added another state to its Multiple Listing Service. Brokers and agents in the Shreveport and Bossier City region now have access to the database of listings and products the NTREIS system has to offer. The Dallas-based NTREIS serves 42,000 real estate agents while NWLAR serves 1,000 real estate agents.

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Derek Jeter Lists His Massive Mansion in Tampa for $29M

Realtor.com

realtor.com, Noam Galai/Getty Images After renting out his exclusive Tampa mansion to the newly minted Tampa Bay Buccaneer Tom Brady , New York Yankee legend Derek Jeter has made his next move. He’s now listed his custom-designed private estate on Davis Islands for $29 million. Jeter had apparently negotiated favorable terms for his A-list tenants. Brady and his wife, Gisele Bündchen , knew that there was a possibility the home could hit the market while they were living there, according to a st

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Help your broker partners with client retention by retaining servicing

Housing Wire

HousingWire spoke to Home Point Financial’s new President of Servicing Perry Hilzendeger about the company’s “We Care” philosophy and how Home Point supports its broker partners. HW: What was it that initially drew you to Home Point, coming from such a long and rewarding career at such a large, well-known consumer-facing brand? Perry Hilzendeger: The opportunity to join a company of Home Point’s size was incredibly attractive to me because it’s very much in growth mode.

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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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10 Hidden Problems in a Living Room You Might Not Spot on Video

Realtor.com

Feverpitched/Getty Images The living room is one of the most important spaces to scrutinize when you’re house hunting. After all, that’s where you’ll unwind after a long day, share laughs with friends when you host game night, or find solace in a good book, curled up next to the fireplace. But riddle us this: How can you fully inspect the living room when you’re not even there ?

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Coldwell Banker Global Luxury Announces Rebrand

Coldwell Banker

The update gives the marketing program a more flexible mark to use across today’s mediums while also aligning with the Coldwell Banker core brand. The post Coldwell Banker Global Luxury Announces Rebrand appeared first on Coldwell Banker Blue Matter.

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Lessons From Listings Photos: See the Power of Staging in This Pennsylvania Carriage House

Realtor.com

realtor.com It doesn’t matter how perfect your home is—if your listing photos don’t stand out, potential buyers won’t come by to take a look. In our series “ Lessons From Listing Photos ,” we dissect the smart updates sellers have made to their homes, and how their listing pictures highlight the home’s best assets. These days, staging a home—redecorating it with furnishings and decor selected to appeal to buyers—is an important step that nearly every homeowner should think about when

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Amazon Opens Store In The Gardens Mall

Waterfront Properties

Amazon is coming to the Gardens Mall. Beginning today, September 16th, Amazon customers can buy toys, books, kitchen gadgets, electronics and more at their new 4-Star store. The giant online store is set to open its doors in the Gardens Mall for its first general merchandise store in Florida at 11 am. The store is located on the first floor near Nordstrom’s of the popular Palm Beach Gardens mall.

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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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Data-Driven Strategies for Finishing 2020 Strong

GeekEstate

By now, many of us have settled into the continuous shifts of 2020. Hopefully you’ve learned to take it in stride and adjust your business model when necessary in order to continue hitting your goals each month. As we rapidly cruise towards Q4, I wanted to share some insights from my digital marketing and data teams here at BoomTown to help you move your real estate business forward confidently and strategically.

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Understanding Canada’s Record Home Sales Last Month, And Why It’s Likely To Continue

Better Dwelling

Canada’s late Spring real estate market continues, but some of the pent-up demand has caught up. Canadian Real Estate Association (CREA) data show a new all-time record for August sales. The rise is largely due to the lockdown delaying the busy Spring season into the Summer. The result is an odd comparison period, that is […]. The post Understanding Canada’s Record Home Sales Last Month, And Why It’s Likely To Continue appeared first on Better Dwelling.

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Being A Realtor in 2020

BubbleInfo

Here’s what it will take to be a successful realtor from now on – hat tip WSJ! “It’s an attention game. It’s not who has the better postcards, it’s about who can attract the most eyeballs,” Mr. Serhant said. “I can walk into an appointment with a seller and say ‘there are 30,000 active real-estate […]. The post Being A Realtor in 2020 appeared first on bubbleinfo.com.

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Moving Concierge Service Is a Profoundly Strong Customer Retention Tool

RIS Media

Real estate agents and brokers frequently misdirect their focus when it comes to driving growth in their business. Somewhere along the line, firms and agents became obsessed with online lead generation and forgot about the old-school, customer-for-life programs that keep them connected with past clients for repeat and referral business. The National Association of REALTORS® (NAR) publishes its homebuyers and sellers research every year, which shows that agents get most of their business from rep

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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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Scarborough’s Heather Lemieux raises $6,000 for local shelter

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Scarborough’s Heather Lemieux raises $6,000 for local shelter. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Heather Lemieux, sales rep with Royal LePage Connect Realty in Scarborough, Ont., recently raised $6,000 for the Royal LePage Shelter Foundation at her “Virtual Uplif

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Maximize Your Billable Time

RIS Media

What percentage of your day would you say is income-producing? We define income-producing as prospecting, lead follow-up, presentations to buyers and sellers, negotiating, and closing deals…money time. Income servicing are things that must be done, or potentially delegated, things like inspections, following up on the deals and issues in the pipeline, marketing, and prepping for appointments.

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Can Industry City Deliver on Promised Jobs in Upcoming Rezoning Proposal?

Brownstoner

Is there a way to guarantee new jobs at Industry City? There seems to be some debate on this issue. Despite the promise by the Sunset Park complex’s CEO Andrew Kimball of 20,000 new jobs as part of a proposed rezoning—the topic of a public hearing yesterday hosted by the City… Read More > The post Can Industry City Deliver on Promised Jobs in Upcoming Rezoning Proposal?

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3 Personal Things to Know About Your Agents

RIS Media

Connect on a Personal Level and Improve Retention by Knowing Your Agents’ Stories. Conversations on a personal level come easier to some managers than others. Naturally social managers chat effortlessly with their team members, while other managers are less conversationally engaged. Wherever you land on this spectrum, know that connecting with your agents—and knowing details about their lives, thoughts and values—is imperative if you want to create long-term relationships, earn loyalty and

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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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Twilight Yoga This September

Waterfront Properties

Jupiter Inlet Lighthouse and Museum is hosting their popular Twilight Yoga at the Light. Every Monday night throughout the month of September, head to the iconic red lighthouse for a Yoga class. The outdoor Yoga classis held on the Lighthouse Deck at sunset every Monday night. All levels of Yoga are welcomed and encouraged to attend. The class size is limited, and registration is required online to reserve your spot.

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Rocket Mortgage Detroit Demo Day Announces 17 Finalists

RIS Media

Rocket Mortgage Detroit Demo Day recently announced the 17 finalists competing for a share of more than $1 million in funding in their fourth annual entrepreneurship competition. The finalists will be judged by nationally acclaimed entrepreneurs from across the country. This year’s rebranded competition includes new categories meant to highlight innovation borne through the COVID-19 pandemic, as well as sustain anchor businesses in need of funding to weather the uncertainty ahead, accord

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HOUSE PACKING AND MOVING TIPS EVERYONE SHOULD KNOW

Rent, Buy & Sell

Your tenancy contract comes to an end, and you’re going through the eviction notice, wondering where to start again. Your move out date is a month away, so you chuck the note on your study table only to come back to it three weeks later, fraught with worry. How do you manage the relocation in just a week? You sink in the couch, dreading a catastrophe.

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Putting Agents and the Community First

RIS Media

Michael Cole. Broker/Owner. Realty ONE Group Dockside. Myrtle Beach, S.C. www.docksiderealtycompany.com. Region served: The coastline of South Carolina and the outskirts of Myrtle Beach. Years in real estate: First licensed in 1994. Years with Realty ONE Group Dockside: My wife Tammi and I opened Dockside Realty in 2007. We partnered with Realty ONE Group Dockside in 2017.

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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.