Sat.Dec 17, 2022 - Fri.Dec 23, 2022

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The Early 2023 Growth Checklist for Real Estate Agents

Tom Ferry

What would it take to completely change your life in 2023? Don’t say, “making more money.” And don’t say, “to get some help.” Let’s be a little more specific than that. Two weeks ago, we talked about figuring out what you really want out of life. If you took the time to write it down, […]. The post The Early 2023 Growth Checklist for Real Estate Agents appeared first on Tom Ferry.

Agents 82
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Nine Percent of New Homes Are Teardowns

Eye on Housing

In 2021, 9.1 percent of new single-family homes were built in an older neighborhood on a site where a previous structure had to be torn down and rebuilt, according to the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs. Another 18.5 percent were built on an infill lot in an older neighborhood. The BPS places new homes.

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4 tips for agents looking to stay sane and excel in 2023

Real Trends

Buying or selling a home is arguably the largest financial, stressful undertaking in a person’s life. Add in current market challenges , and the role of a real estate agent today compared to a year ago has radically shifted. Pause, take a deep breath in and exhale. Now let’s take a look at some tips for agents to stay sane and excel in 2023. 1. Slow down and listen to client expectations.

Agents 118
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Mortgage Rates Are Dropping. What Does That Mean for You?

Keeping Current Matters

Mortgage rates have been a hot topic in the housing market over the past 12 months.

Mortgages 228
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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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Understanding Sellers Disclosure When Selling Real Estate

Maximum Exposure Real Estate

Disclosure in Real Estate: What to Disclose When Selling a House You may not know about a seller’s disclosure when you have never sold a house before. Did you know that real estate disclosure laws vary from state to state? What a seller has to disclose in one state might be completely different than in […]. The post Understanding Sellers Disclosure When Selling Real Estate appeared first on Maximum Real Estate Exposure.

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Senate banking chair flirts with the possibility of banning crypto

The American Genius for Real Estate

Banning crypto is something we didn't think we would hear about in this lifetime, but yes, the popular currency is in question.

Banks 96
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Landmarked Duffield Street Houses Unexpectedly Sold as DoBro Development Site for $10 Million

Brownstoner

The landmarked quartet of early 19th century houses in Downtown Brooklyn known as the Duffield Street houses recently sold for $10 million, an Instagram story posted by the listing broker revealed. The marketing and sale of the property as a development site was unexpected because the houses are landmarked. The buyers,… Read More > The post Landmarked Duffield Street Houses Unexpectedly Sold as DoBro Development Site for $10 Million appeared first on Brownstoner.

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Top 10 Cities with Skyrocketing Rent

Realty Biz

65% of American citizens aged under 35 rent properties. Apartment rentals are much more common nowadays, as many people can't afford a mortgage to buy their own homes. There are some cities in America where rent is currently skyrocketing, and you should look out for these places if you're considering renting. Some rentals are very affordable. However, others are currently skyrocketing in price.

Closing 89
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Have we found the bottom in existing home sales?

Housing Wire

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! Confused by this? I hear you; let’s dive deeper into today’s report. From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NA

Sales 525
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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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What Makes a House a Home?

Keeping Current Matters

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy.

Marketing 202
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Canada’s Real Estate Bubble Is Now The Largest Ever, Correction Needed: RBC

Better Dwelling

Canadian real estate is in the largest bubble the county has ever experienced. RBC warns that housing affordability has eroded right across the country in November. In a research note to investors, the bank explains it’s now even harder to buy a home than during the 1980s bubble. A correction is now required to stabilize […]. The post Canada’s Real Estate Bubble Is Now The Largest Ever, Correction Needed: RBC appeared first on Better Dwelling.

Banks 144
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4 success strategies from Century 21 agents heading into 2023

Real Trends

The real estate market is shaping up to be challenging, yet there are agents who are committed to going big next year by setting aggressive growth goals for the coming 12 months. What are these agents planning to do to fill the year with appointments, listings and showings? How will they have a major impact on the lives of their clients, communities, and the economy?

Agents 126
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Mortgage rates are falling. How low can they go in 2023?

Housing Wire

Mortgage industry executives, analysts and economists have started to place their bets on where mortgage rates will settle in 2023 amid the Federal Reserve’s tightening monetary policy and the fears of an economic recession. Spoiler alert: don’t expect much, if any, relief for borrowers in the short term. It’s true that after doubling over the course of a year, the 30-year fixed mortgage rate is trending downward at the close of 2022.

Mortgages 433
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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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Homeowners Still Have Positive Equity Gains over the Past 12 Months

Keeping Current Matters

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices.

Equity 209
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Canada Is In Recession & “Overvalued” Real Estate Will Be Hard Hit: Oxford Econ

Better Dwelling

Canada’s overstimulated economy is experiencing withdrawal from the end of low rates. Oxford Economics‘ warned investors the country is already in recession. It’s expected to spend most of 2023 in recession, and will be hit harder than its G7 peers. Highly indebted households and overpriced real estate shouldn’t expect much relief either.

Investor 144
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Instant Reaction: Mortgage Rates, December 22, 2022

NAR: Economic Outlook

Instant Reaction: Mortgage Rates, December 22, 2022. The 30-year fixed mortgage rate decreased to 6.27% from 7.08% six weeks ago, making homeownership 10% more affordable than it was six weeks ago. By: . Nadia Evangelou. Mortgage Financing.

Mortgages 126
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Lower mortgage rates, higher demand lead to optimism for late 2023

Housing Wire

Lower mortgage rates helped to increase borrowers’ demand for home loans last week, which in turn drummed up optimism for the mortgage industry at the end of 2022. Economists believe that if the trend continues, the market will be able to improve in the second half of 2023. . “The latest data on the housing market show that homebuilders are pulling back the pace of new construction in response to low levels of traffic, and we expect this weakness in demand will persist in 2023, as th

Mortgages 404
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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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What To Expect from the Housing Market in 2023

Keeping Current Matters

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates.

Marketing 217
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Canadians Continue To Flee Real Estate Bubbles To More Affordable Provinces

Better Dwelling

Canadians are still dumping expensive provinces for, well, less expensive ones. Statistics Canada (Stat Can) released its latest interprovincial migration estimates for Q3 2022. The biggest losers of residents to other provinces were BC and Ontario, the former printing its first net outflows in nearly a decade. The biggest winners were Alberta and Nova Scotia, […].

Banks 137
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Lighten Up: 5 Homes with Striking Light Fixtures

Sotheby's International Real Estate

Whether they illuminate a traditional townhouse in Southampton or a chic contemporary residence in Southern California, distinctive light fixtures make each of these homes shine. Woolworth Tower Aerie. Stan Ponte, Joshua Judge | Sotheby’s International Realty – East Side Manhattan Brokerage. Towering above the city in the illustrious, amenity-rich Woolworth Building, this 2,548-square-foot condominium residence features sophisticated living and entertaining areas, two generous bedroom su

Brokerage 120
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Figure’s plan to buy a mortgage bank via SPAC is dead

Housing Wire

Figure Acquisition Corp. I , a blank check company affiliated with fintech Figure Technologies that planned to merge with a mortgage bank, will be delisted from the New York Stock Exchange. Figure’s plan to go public through a SPAC has been scrapped with the NYSE’s decision. The NYSE notified Figure on December 19 that it is “determined to commence proceedings to delist the company’s warrants from the NYSE and that trading in the company’s warrants would be suspended immediately,” ac

Banks 456
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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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Digital Marketing For Luxury Real Estate : The Google Ads & PPC Playbook

Easy Agent Pro

What are Google Ads and PPC? Google Ads (formerly Adwords) is the name for Google’s suite of advertising capabilities that range from ads on Google and span across their partner sites (ie:Youtube) and even apps. According to Google , their ad platform is “designed to help businesses and marketers connect with billions of people who are finding answers on Search, watching videos on YouTube, exploring new places on Google Maps, discovering apps on Google Play, browsing content across the web, and

Marketing 119
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Canadian Mortgage Debt Hits 100% of GDP, Crisis Risk Surges

Better Dwelling

Canadian mortgage debt is slowing, but it’s way past the point of becoming a problem. Bank of Canada (BoC) data shows outstanding mortgage credit slowed in October 2022. However, slow growth is still growth—households now owe the equivalent of the country’s economic output. At this level, debt will pile up much faster than GDP grows, […].

Mortgages 119
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Buying a Condo vs. a House: Which is The Better Choice?

Maximum Exposure Real Estate

House vs. Condo: What Are The Differences There are so many decisions to be made when you decide to buy your own home. For many buyers, the first initial choice must be between the two primary residential real estate purchases: a house vs. a condo. Each has advantages and disadvantages, and the experience of living […]. The post Buying a Condo vs. a House: Which is The Better Choice?

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5 keys to having a profitable title operation in 2023

Housing Wire

In March of 2020, every title company owner, leader and employee all wondered the same thing: “Will I have a job or a company in 90 days?” And then they got their answer. For more than 36 months title operations thrived, orders were at historical levels, staffs were stretched and profits were higher than likely ever before. Homes were on the market for hours and not days or weeks, and offers included “overvalue” cash inclusions of commonly hundreds of thousands of dollars.

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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.