Keeping Current Matters

MAY 11, 2023

If you’re thinking about selling your house, you should know the number of homes for sale right now is low.

Sales 225

Sales Marketing 225

RIS Media

MAY 9, 2023

When you think you’ve found your perfect home, you will be understandably devastated if the sale falls through. After the seller has accepted your offer, it can take as long as 60 days to close or more, and many things could go wrong. You might be surprised at the number of reasons pending sales fall… The post Common Reasons Why Pending Sales Fall Through appeared first on RISMedia.

Sales 143

Sales Closing Agents Industrial 143

Lab Coat Agents

MAY 9, 2023

Last weekend, I used reverse prospecting to attract 17 new warm leads to me and my business at a street fair. We’ll talk about how I did that more later. Do you hate Cold Calling, Door Knocking and being Salesy? Me too! Okay, so how do you prospect then? I use reverse prospecting! What Is Reverse Prospecting? Reverse prospecting is a form of attraction marketing.

Loans 98

Loans Marketing As-is Sales 98

Inman

MAY 8, 2023

It can be hard to know which type of photographer will show up at your property. Here are some best practices to ensure your listing (and your client) are set up for success.

Agents 195

Agents 195

Advertiser: Trellis

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.

Loans

BubbleInfo

MAY 10, 2023

We closed escrow yesterday in La Costa Valley! The seller is a bubbleinfo reader so obviously we have analyzed our results carefully over the last month.

Closing 105

Closing Marketing 105

Real Estate News

MAY 11, 2023

The Real Brokerage more than doubled its agent count vs. last year, with chairman and CEO Tamir Poleg crediting its technology and “agent attraction model.

Brokerage 103

Brokerage Agents Technology 103

RIS Media

MAY 10, 2023

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. When building your career as a REALTOR®, whether you’re on day one or 15 years in, it’s always good to connect with other professionals for advice and their… The post Social Skills: Essential Real Estate Accounts to Follow appeared first on RISMedia.

Agents 112

Agents Marketing As-is Industrial 112

Real Trends

MAY 8, 2023

Available inventory of homes on the market actually fell this week as American home buyers continue to defy expectations. Even as difficult affordability curtails some demand, new supply remains incredibly restricted. And, home prices — which are flat to down year over year — are inching up each week. This data is creating a surprising supply and demand equation.

Mortgages 112

Mortgages Sales Closing Marketing 112

Broke Agent Media

MAY 9, 2023

BAM Key Details: According to a recent report by Home Bay , 72% of renters believe that homeownership will never happen for them. Survey participants cited inflation and interest rates as the main reasons for the lack of affordable homes in today’s market. While renters have a pessimistic view of their chances at homeownership, many are willing to think outside the box in order to buy a home.

Mortgages 98

Mortgages Agents Marketing As-is 98

Housing Wire

MAY 10, 2023

Did you hear that sound? That’s the entire mortgage industry shouting, “hip, hip hooray!” The Federal Housing Finance Agency (FHFA) on Wednesday announced that it would rescind a controversial loan-level pricing adjustment (LLPA) for conventional borrowers with debt-to-income (DTI) levels at or above 40%. The FHFA, which regulates Fannie Mae and Freddie Mac , had previously delayed implementation of the DTI LLPA from May 1, 2023 to August 1, 2023 following a chorus of upset fro

Mortgages 539

Mortgages FHA loan Loans Principal 539

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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.

Sales

Keeping Current Matters

MAY 9, 2023

There’s been some concern lately that the housing market is headed for a crash.

Marketing 229

Marketing 229

Inman

MAY 10, 2023

Agents should be prepared to answer their buyer's mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area.

Mortgages 197

Mortgages Agents Closing Lending 197

Sotheby's International Real Estate

MAY 12, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Washington, DC | TTR Sotheby’s International Realty The home, which is one of the oldest in the Dupont Circle area, was visited by Presidents Obama and Biden. Gilded-Age Washington, D.C., Mansion Owned by Former U.S. Ambassador Asks $29.95 Million – The Wall Street Journal 7 Luxury Homes in the U.S.

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136

Housing Wire

MAY 10, 2023

The massive inflation and double-digit mortgage rates of the 1970s and early 1980s seem to haunt the Federal Reserve , which wants to cool the economy and even provoke a job-loss recession to avoid that scenario. But the latest Consumer Price Index inflation report shows how the fear of 1970s-style inflation is wildly overblown. Today’s numbers don’t look like the 1970s at all, when rent, wages, and oil shocks sent inflation running hotter than anything we have seen in recent modern-day hi

Mortgages 536

Mortgages Banks Marketing As-is 536

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.

Agents

RIS Media

MAY 12, 2023

When searching for your next home, you are likely focused on the location, the number of bedrooms, the features, and more. But what you might not be thinking about is the property history. Even if the home fits your requirements and the price is right, the home could be hiding a checkered past. Finding out… The post 4 Things to Research Before Buying a House appeared first on RISMedia.

Agents 124

Agents Industrial 124

Inman

MAY 11, 2023

The National Association of Realtors voted Thursday to tie annual membership dues to the Consumer Price Index. Its board separately voted to increase annual dues by 4 percent to $156 next year.

MLS 174

MLS 174

Sotheby's International Real Estate

MAY 11, 2023

Virgolino Gomes – Portugal Sotheby’s International Realty The Algarve region in Portugal is one of the world’s premier golfing destinations, with 33 highly-ranked courses that cater to all types of golfers and offer a wide variety of amenities. With most of the courses designed by renowned pros, golfers in this region can enjoy a stunning horizon with views of the Atlantic Ocean just beyond the green.

Design 126

Design 126

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. Hopefully, this is just a blip, which can occur from time to time with weekly data. We had a lot of drama over the week between Federal Reserve meetings and banking stress, and mortgage rates and purchase applications both fell.

Mortgages 498

Mortgages Marketing Banks Loans 498

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.

Agents

Bigger Pockets

MAY 10, 2023

DSCR loans are becoming increasingly popular, but you might not know how to utilize them yet. Don't miss out on this amazing financing tool!

Loans 126

Loans Finance Mortgages 126

Inman

MAY 12, 2023

Moving Medicine Partners will launch as a national network of agents later this month with St. Louis relocation specialist Zoe Cangas leading the new initiative, Inman has learned exclusively.

Agents 167

Agents Brokerage 167

Sotheby's International Real Estate

MAY 6, 2023

With systems that can monitor and control climate, media, lights, window treatments, and security from nearly anywhere in the world, these three smart homes set high—and high-tech—standards for the finest in modern living. Consummate California Contemporary Michele Altman | Sotheby’s International Realty – Carmel Brokerage Filled with light and crisp, clean lines, this eye-catching Pebble Beach residence is quintessentially contemporary.

Brokerage 111

Brokerage Design 111

Housing Wire

MAY 8, 2023

Mortgage lender and servicer NewRez on Monday launched a special purpose credit program through Freddie Mac that will provide $3,000 or more in closing cost assistance to qualifying first-time homebuyers. Freddie Mac’s BorrowSmart Access program will be available to NewRez borrowers through Caliber Home Loans ‘ national network of branches.

Debt-to-income ratio 417

Debt-to-income ratio Mortgages Closing costs Loans 417

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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.

Agents

RIS Media

MAY 12, 2023

How well do you listen? What are the motivations and expectations of your clients and audiences? Early in my life I learned to listen. It started at the kitchen table with my father, a rising star executive with Xerox. I remember the stories he would tell us after attending Xerox training programs in Lynchburg, Virginia,… The post The Art of Listening: How It Can Change Your Life appeared first on RISMedia.

MLS 112

MLS Agents Industrial Development 112

Inman

MAY 8, 2023

The sale-leaseback platform plans to launch a marketplace later this year designed to serve homesellers and buyers, both individuals and investors, EasyKnock revealed to Inman exclusively.

Investor 167

Investor Sales Design Mortgages 167

Sotheby's International Real Estate

MAY 9, 2023

Resort-like living is a breeze at this ultimate modern waterfront Greenwich estate, perched above the Long Island Sound. The stately 11,465-square-foot home honors the integrity of the original 1913 structure while fully embracing contemporary finishes, furnishings, additions, and lifestyle trends. Greenwich, Connecticut | Leslie McElwreath, Sotheby’s International Realty – Greenwich Brokerage A thorough 2023 renovation maintained the footprint of the historic residence while effecting app

Brokerage 110

Brokerage Renovation 110

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners

Renovation 417

Renovation Mortgages Equity Closing 417

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.

Sales

Real Trends

MAY 12, 2023

The California housing market has been in the news a lot lately. With the slowdown in transaction sides and sales prices below both 2022 and 2021 levels, it’s easy to see why — but slower sales and price drops aren’t the only metrics worth examining. As of May 6, the inventory of single-family homes for sale statewide was at 26,627 homes, slightly below where it was exactly a year ago (26,994 homes) and well below early May 2019 inventory levels, which came in at over 60,000 homes, according to

Mortgages 109

Mortgages Agents Sales Marketing 109

Inman

MAY 9, 2023

The National Association of Realtors' Board of Directors will vote Thursday on requiring its 1.5 million members to complete two hours of fair housing training every three years beginning in 2025.

Agents 167

Agents MLS 167

RIS Media

MAY 11, 2023

Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every other Thursday for another addition to the series. If you’re a… The post THE PLAYBOOK: Retaining Agents by Staying Connected With Them appeared first on RISMedia.

Agents 112

Agents Industrial MLS Development 112

Housing Wire

MAY 12, 2023

The Consumer Financial Protection Bureau (CFPB) filed a brief this week with the U.S. Supreme Court contending that its funding source does not violate the appropriations clause of the U.S. Constitution, despite a recent Fifth Circuit Court of Appeals ruling stating otherwise. With its brief, the CFPB is seeking to overturn the Fifth Circuit’s decision in Community Financial Services Association of America Ltd. v.

Finance 417

Finance Design As-is 417

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.

Sales