Sat.Oct 08, 2022 - Fri.Oct 14, 2022

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The standoff between homebuyers and sellers

Housing Wire

There’s a showdown at the housing market corral between homebuyers and sellers. (Image by Brandon Johnson/HW Media.). When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

Mortgages 501
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The 18-year Property Cycle and What it Means

RRT Submitted Articles

Many believe that the property market is driven by an 18 year property cycle. This post explains what the 18 year cycle is.

Marketing 232
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The Real Estate Software Tools You Need as an Agent

Realty Biz

If you’re looking for a “secret weapon” as a real estate professional that will give you an edge over your competition, you’ve come to the right place. Here are some of the most real estate software tools that you should be using as an agent in today’s marketplace. Zillow Premier Agent. Let’s begin with the elephant in the room. Whether or not you like Zillow as a platform, it’s ubiquitous because of how robust its feature set is.

Agents 104
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Perspective Matters When Selling Your House Today

Keeping Current Matters

Does the latest news about the housing market have you questioning your plans to sell your house?

Marketing 224
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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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Share of New Homes with Porches Dips Below 64 Percent

Eye on Housing

Of the roughly 1.1 million single-family homes started in 2021, 63.4 percent came with porches, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development). This marks the first time the share of single-family homes with porches has dipped below 64 percent since 2015. .

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7 red flags that scare home buyers away from your listings

The American Genius for Real Estate

While houses are selling quickly right now, there are some things that will almost definitely turn a home buyer off.

Brokerage 111

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12 Memes You Need to See if You’re Thinking of Selling Your House without an Agent

Lighter Side of Real Estate

Selling your house without an agent can sound appealing and pretty easy to do. Some people think they’ll save a ton of money on commission if they just stick a “for sale” sign on the lawn and hold a couple of open houses. To be fair, some people do successfully sell their house on their own. But it’s not as easy as it looks, and the majority of people who try to sell “for sale by owner” (FSBO) just aren’t able to.

Agents 105
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Today’s Best Real Estate Scripts for Buyers: Question You Need to Ask

Tom Ferry

What are the Best Real Estate Scripts for Buyers in This Market? Everyone always asks, “What are best real estate scripts for buyers in this market?” The answer to that question is always, “Well, what is this market?” Because it really just depends. For most people, right now can seem like a scary time to […]. The post Today’s Best Real Estate Scripts for Buyers: Question You Need to Ask appeared first on Tom Ferry.

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11 Twitter accounts to help you stay up-to-date on the housing market

Housing Wire

Twitter has become somewhat ubiquitous in today’s social media landscape, with more than 200 million users worldwide. The timeline moves about as quickly as the news does, which is why it can be such a valuable resource for those trying to keep up with current events. Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-

Marketing 444
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Advice for Buyers & Sellers in Today’s Market

RRT Submitted Articles

The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish.

Marketing 257
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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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Tips For First-Time Homebuyers [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall. Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and expand your search radius. Your first home is out there. Work with a trusted real estate professional to explore your options and what other first-time buyers are doing to find their homes.

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Well Inspectors Provide Inspections When Buying Homes With Wells

Maximum Exposure Real Estate

Things To Consider When Buying A Home With A Well Well inspections are critical when buying a home with a well as the primary water source. Buyers considering homes in rural settings will often encounter houses for sale that get their water from wells. With homes drawing on municipal sources, there is an assumption that […]. The post Well Inspectors Provide Inspections When Buying Homes With Wells appeared first on Maximum Real Estate Exposure.

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Will hotter inflation data trigger more rate hikes?

Housing Wire

On Thursday, the Bureau of Labor Statistics (BLS) reported that Consumer Price Index (CPI) inflation came in hotter than expected, and people are scared that the Federal Reserve will now be more aggressive with their rate hikes. Personally, I believe the Fed knows that rental inflation data can lag so at this point of the rate hike cycle, they won’t act in a more aggressive fashion.

Mortgages 425
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Are Interest Rates Going Up or Down?

RRT Submitted Articles

Are interest rates going up or down? This post covers recent mortgage rate trends and the future forecasts of industry leading experts.

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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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Four Things That Help Determine Your Mortgage Rate

Keeping Current Matters

If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan.

Mortgages 233
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Meet The Real Estate Tech Entrepreneur: Scott Patterson from Tumble

GeekEstate

In this week’s founder interview, we’re bringing you Scott Patterson from Tumble. Without further ado…. Who are you and what do you do? I’m Scott Patterson and I founded Tumble in 2019 with a mission to modernize the laundry industry. After serving 11 years in the United States Marine Corps, I was trained to be diligent about my own laundry as well as my fellow Marines.

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Equifax to provide utility credit data to mortgage firms

Housing Wire

Equifax will be providing telecommunications and subscription television credit data to the mortgage industry to “streamline the mortgage underwriting process and support loans within the secondary mortgage market,” the credit bureau said Friday. Providing utility payments to mortgage companies alongside traditional credit reports could improve homeownership prospects for more than 190 million consumers, 80% of whom have traditional credit files but may benefit from additional insigh

Mortgages 423
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How to Analyze Short-Term Rental Market Potential

RRT Submitted Articles

The short-term rental market continues to grow! Let's go over the pros and cons along with how to analyze short-term rental markets.

Marketing 205
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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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Saving for a Down Payment? Here’s What You Should Know.

Keeping Current Matters

As you set out to buy a home, saving for a down payment is likely top of mind.

As-is 250
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Looking for a Sign That It’s Time To Sell Your Home? Look No Further Than These 11 Memes

Lighter Side of Real Estate

It doesn’t matter what the real estate market is like, homeowners often wonder if it’s the right time to sell. If only there were a clear sign that it’s the perfect time for you…. Well, maybe there is! See if any of these 11 memes hit home enough for you to realize that it’s the right time for you to sell your home! 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Marketing 122
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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. Fannie Mae ‘s Economic and Strategic Research (ESR) Group now forecasts total single-family home sales to decline 18.1% to 5.64 million units this year from 2021, a further downward revision from September’s projected 17.2% drop.

Sales 417
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Renter to Owner: A Homebuyer's Guide for Tenants

RRT Submitted Articles

Homeownership is still the American dream for many! Check out this home buying guide for tenants ready to make the leap from renter to owner.

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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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What Are Experts Saying About the Fall Housing Market?

Keeping Current Matters

The housing market is rapidly changing from the peak frenzy it saw over the past two years.

Marketing 214
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The history of the Breakers mansion in Newport, the Vanderbilt summer estate

Fancy Pants Homes

Gilded Age mansions are a living reminder of a time long past when America’s richest families — like the Astors, Vanderbilts, Carnegies, and Rockefellers — used their sprawling estates to assert status and give everyone a visual representation of their vast family fortune. And nobody did it better than the Vanderbilt family. The Vanderbilts were one of the nation’s wealthiest families, owing their fortune to Commodore Cornelius Vanderbilt, the 19th-century industrialist a

Design 119
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JPMorgan, Wells Fargo, and the challenging times ahead 

Housing Wire

JPMorgan Chase and Wells Fargo & Co., two of the nation’s largest banks, each faced a double-digit decline in their mortgage origination volumes in the third quarter of 2022. And the coming days don’t look any kinder: the banks’ top executives said on Friday the landscape remains challenging due to macroeconomic and geopolitical issues.

Banks 411
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The Difference Between a Real Estate Agent, REALTOR®, and Broker

RRT Submitted Articles

Not sure how agents, brokers, and Realtors® differ? Click here to learn more about each of these job titles as well as what the jobs entail.

Agents 188
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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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Building Materials Prices Decline in September

Eye on Housing

The prices of building materials decreased 0.3% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) report. The PPI for goods inputs to residential construction, including energy, declined for the third consecutive month in September (-0.1%). Prices have fallen 2.3% since June, the largest three-month drop since April 2020.

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Responding to Offers

BubbleInfo

In another installment of what listing agents can do to improve their chances, let’s mention one of the habits that were made worse by the frenzy – responding to an offer. Over the last two years, it became part of the business that buyers had to wait around for days while waiting for the listing […].

Agents 115
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Black Knight integrates servicing platform with Surefire CRM

Housing Wire

Black Knight announced the integration of its digital servicing platform and its Surefire CRM, which it says will enhance customer engagement and retention. Servicing Digital , offered as an app or responsive web design, allows customers to easily access their loan- and home-related information, as well as perform self-service capabilities. Surefire is a mortgage-specific marketing automation and content solution that helps mortgage professionals reach new customers and earn repeat business. .

Loans 405
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How to Get the Best Real Estate Referrals

RRT Submitted Articles

How much of your Real Estate business comes from referrals? You can quickly increase your referral network by learning how to position yourself to be a good referral partner. Here’s how you can earn more referrals to grow your real estate business this year.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.