Sat.Sep 24, 2022 - Fri.Sep 30, 2022

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Real estate experts speak out about volatility of mortgage rates

Real Trends

The typical house hunter who started searching in July and closed the deal on their new home in September saw their potential mortgage rate fluctuate by roughly half of a percentage point every four weeks, according to a new report from Redfin , the technology-powered real estate brokerage. That’s the most volatile three-month period since 1987, when mortgage rates swung wildly after surging to a record high of nearly 19% earlier in the decade while the Fed worked to quell severe inflation

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Productivity Hacks For Real Estate Agents

McKissock Real Estate

For even the most veteran real estate professionals, managing time can be a struggle. That’s why it’s time to take advantage of a resource that you may be underutilizing: the weekend. Sure, you’re likely taking care of some real estate tasks on the weekend, as very few in the industry get to enjoy the standard 9-5 workweek; however, there are some things you can take care of over the course of Saturdays and Sundays during lulls that don’t take too much brainpower and will

Agents 90
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Learn a System for High-Level Open Houses That Actually Work

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. You’ve probably heard that open houses are a waste of time. They’re old-fashioned and out of style. But our guest this week would say what’s REALLY old-fashioned is doing open houses that don’t work.

Agents 98
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New Home Sales Up in August: Will Decline Again with Higher Rates

Eye on Housing

A brief decline in mortgage rates helped to boost new home sales in August but sales are expected to move lower in the months ahead as rates have since moved higher and builder sentiment continues to fall due to declining housing affordability and ongoing supply chain bottlenecks. Sales of newly built, single-family homes in August increased 28.8% to a 685,000.

Sales 118
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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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Top tips for mortgage professionals using TikTok

Housing Wire

Social media app TikTok is expected to reach 1.8 billion users by the end of 2022 – will you be one of them? Many mortgage professionals are turning to the platform as a way to connect with prospective borrowers and educate them on mortgage, as well as market themselves. We spoke to UMortgage Branch Manager Arielle Best, known as the VA Loan Lady on TikTok, about the platform and how best to utilize it as a mortgage loan originator.

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Pending home sales down 24.2% from last August

The American Genius for Real Estate

Pending home sales are down slightly for the month but dramatically for the year, marking a needed cooldown in the market.

Sales 105
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How Much Will My Home Rent For? 6 Ways to Calculate a Fair Rent Price

HomeLight

You’ve debated whether to put your house up for sale or rent it out. You’ve analyzed the market, done your research, and, after lengthy consideration, you’ve finally decided to hold on to your house and generate rental income. But at this point you’re wondering: “How much can I rent my house for?”. Landing on a fair-market value for your rental can be a big challenge, especially if you haven’t rented a house before.

Agents 104
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Using Property Inspections to Boost NOI and Resident Satisfaction

App Folio

Property inspections can be cumbersome and costly, but they’re vital for protecting the bottom line. Rather than seeing inspections as.

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What Are Easements: Easement Definition Explained

Maximum Exposure Real Estate

If you find out your new home has an easement during the closing process, it can be confusing. Easements on property allow a third-party access to your land, and understandably, you might not like the sound of this. While most property sales are not adversely affected by easements, problems can happen. To better understand your […]. The post What Are Easements: Easement Definition Explained appeared first on Maximum Real Estate Exposure.

Land 100
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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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Federal judge rules in favor of FHFA on net worth sweeps

Housing Wire

The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac , has been granted summary judgment on the last remaining claim by investors in a lawsuit alleging the government overstepped its authority when it adjusted its stock-purchase agreements with the agencies and allowed net worth sweeps. The plaintiffs, Fairholme Funds Inc., et al., are private-sector investors in Fannie Mae and Freddie Mac, which have been in conservatorship under FHFA oversight since the 2008 fin

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Why You Should Consider Condos as Part of Your Home Search

Keeping Current Matters

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget.

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7 YouTube channels real estate agents should be watching

Real Trends

Making it big in the real estate industry today means taking advantage of every tool available and with millennials and Gen-Z driving demand in the housing market, social media can’t be forsaken. YouTube is one of the many platforms that Realtors can benefit big from, but how do you turn your viewing audience into actual business? The industry professionals below are not only doling out advice on marketing yourself as a Realtor, they’re leading by example with YouTube channels that leave viewers

Agents 119
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7% Is Here

BubbleInfo

Hat tip to Garry and Rob Dawg who predicted that we’d hit 7% this year, for the first time in over 20 years! It was in April, 2002 that rates were over 7%, back when the NSDCC median sales price was $635,000. This month it’s $2,075,000! Rates have never doubled this quickly, and the increase […].

Sales 118
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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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Why the Fed’s housing reset risks a global recession

Housing Wire

When Federal Reserve Chairman Jerome Powell talked about a housing reset in June , it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting , held last week, Powell finally clarified what he meant by that term and what a housing reset means to the Fed. However, a housing reset isn’t the only pressing issue — we now also have to think about a worldwide global recession.

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How an Expert Can Help You Understand Inflation & Mortgage Rates

Keeping Current Matters

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates.

Mortgages 215
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11 Awesome Halloween Real Estate Marketing Ideas for 2022 ? (+Templates)

The Close

We at The Close love Halloween! Not only is it the kickoff to the fall season with cooler weather and all things pumpkin spice, but it’s also that time of year to dress in costume, enjoy bite-sized candies, and stir up some screams with Halloween real estate marketing ideas. Fall is typically a great time to focus on a few marketing strategies to refill your pipeline after the busy summer rush.

Marketing 116
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Significant Sales: August 2022 Highlights

Sotheby's International Real Estate

From a US $33M sale in Beverly Hills, California, to a US $25M sale in Golden Beach, Florida, here are August 2022’s five highlighted sales represented by the Sotheby’s International Realty® global network. Beverly Hills, California . Victoria Risko | Sotheby’s International Realty – Beverly Hills Brokerage, US $33,200,000. Golden Beach, Florida.

Sales 113
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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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With mortgage rate volatility, buyers can save by shopping around

Housing Wire

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. The survey also indicates a large dispersion in rates, meaning that homebuyers can save hundreds of dollars by shopping around with different lenders. A year ago at this time, rates averaged 3.01%.

Mortgages 446
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If You’re Thinking of Selling Your House This Fall, Hire a Pro

Keeping Current Matters

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional.

Marketing 222
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Discounted New Homes in Arizona

BubbleInfo

In an effort to help readers find a replacement home, here are new homes near Tucson for sale! This development is out in the sticks but at least it’s on the north side and on the way to Phoenix. They have several homes available, and they start as low as $307,900: [link].

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How to create a real estate ecosystem?

Realty Biz

Are you wondering what a real estate ecosystem is and how to create one? In today’s article, you will learn How to create a real estate ecosystem to cross-market their diverse databases. However, real estate has been considered the most vital, and nobody could agree more. For your information, the global real estate market was estimated at $6883 billion in 2021.

Agents 101
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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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FoA plans to sell retail division to Guaranteed Rate, close wholesale channel: sources

Housing Wire

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. . According to former top executives and business partners, FoA signed a letter of intent to sell its forward mortgage retail business to competitor Guaranteed Rate , but negotiations are still in progress and remain fluid.

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Bound to Impress: Five Handsome Home Libraries

Sotheby's International Real Estate

Few things compare to the experience of turning the pages of a good book. In homes from New York to California, these four libraries are ideal for displaying and enjoying a collection of treasured volumes. Sophisticated Riverside Loft. Debbie Korb | Sotheby’s International Realty – Downtown Manhattan Brokerage. Walls of windows and plentiful skylights admit floods of sunlight and enviable views in this full-floor penthouse loft in one of Tribeca’s most desirable cooperative buildings.

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9 Memes Every Renter Needs to See

Lighter Side of Real Estate

Owning a home isn’t right for everyone. So, if you’re dead set against buying and prefer to rent, this article is not for you! But if you’ve been on the fence about buying, or are desperately hoping to buy a home, then these 9 memes will give you some laughs, and the encouragement you need to become a homeowner! 1. 2. 3. 4. 5. 6. 7. 8. 9. The post 9 Memes Every Renter Needs to See appeared first on Lighter Side of Real Estate.

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5 Tips for a Successful Home Renovation

Realty Biz

If you’re in the process of planning a home renovation, you’re likely feeling both excited and anxious. Renovations can be a great way to update your home and add value to it, but they can also be tricky and expensive if not done correctly. Here are five tips to help ensure your renovation project goes smoothly and achieves the desired results.

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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.