Housing Wire

MARCH 19, 2021

Determining the value of a home depends on both art and science. With the increasing availability of massive amounts of housing data and the ability to analyze that information. Analysis of millions of pieces of disparate data informs nearly every decision made involving residential real estate. Todd Teta – guest columnist March HW Magazine. Consumers, real estate agents, investors, mortgage lenders, insurance companies and other financial institutions need accurate valuations to inform th

Investor 545

Investor Residential Industrial Development 545

Keeping Current Matters

MARCH 18, 2021

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep in mind if you’re thinking of selling this season. 1.

Renovation 281

Renovation Sales As-is Agents 281

Lighter Side of Real Estate

MARCH 19, 2021

There was a time when people felt they should wait until they were married to buy a home. But today, that idea is no longer as relevant, and single people are more empowered than ever to purchase real estate—and, more specifically, single women. According to data outlined in a recent REALTOR® Magazine article , single women own approximately 5.2 million homes in the United States—44 percent more than single men, who currently own about 3.6 million.

As-is 145

As-is 145

Maximum Exposure Real Estate

MARCH 18, 2021

What Is The Home Appraiser Appraising? What do appraisers look for? This is a question I have been asked by many clients over the years. A visit from a home appraiser is an inevitable part of selling your home. Even if your buyer is happy to pay what you ask and loves the place, the […]. The post Home Appraiser: What Do Appraisers Look At During An Appraisal appeared first on Massachusetts Real Estate Exposure.

Marketing 145

Marketing 145

Advertisement

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.

Agents

Housing Wire

MARCH 19, 2021

A growing chorus of mortgage industry observers believe the final week of February might have been the last hurrah for sub-3% mortgage rates. And the proof is in the refi pudding. With mortgage rates making their ascension , many late-to-the-game homeowners hopped on the chance to refinance their home loans and pushed refi volume to 68% of all closed loans in February, according to the latest originations report from ICE Mortgage Technology.

Loans 543

Loans Closing Mortgages Technology 543

Keeping Current Matters

MARCH 15, 2021

Today’s homebuyers are faced with a strong sellers’ market , which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical stage of the homebuying process. 1.

Inspection contingency 278

Inspection contingency Pre-approval Inspection Staging 278

Realty Biz

MARCH 15, 2021

Image Credit: Unsplash. While blockchain has already been used in sectors like finance and logistics for many years, the technology is now being leveraged within the real estate sector. Blockchain enables ledgers, records, and transactions to be recorded and tracked across a decentralized computer network. Because the blockchain is always updated instantly in real-time, the network will only ever have access to the most recent copy which is always accessible to each member at all times.

Technology 145

Technology Due diligence Title Marketing 145

Housing Wire

MARCH 18, 2021

The progression of homebuying over the past year has seen prospective buyers adjusting their preferred destination plans again, and again, and again. One example is Colorado’s housing market, which has seen the effects of an insanely competitive market combined with low inventory push buyers into secondary cities – and sometimes, beyond.

Marketing 543

Marketing Inspection Agents Branding 543

Keeping Current Matters

MARCH 16, 2021

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains : “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time.

Equity 266

Equity Principal Banks Finance 266

Point2Homes

MARCH 16, 2021

Image: Chuck Wagner / Shutterstock.com. When you’re preparing to move, you have a choice between hiring a professional moving company or renting a moving truck, which can be a great way to save money. Moving is expensive, and doing as much as you can yourself will help keep your costs down. Plus, a DIY move offers you more flexibility and gives you the freedom to do things at your own speed.

As-is 142

As-is 142

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

Better Dwelling

MARCH 16, 2021

First-time buyers are said to be driving BC’s residential boom, but that’s not what data shows. BC Government property transfers do reveal more first-time buyers in January. The catch is they failed to grow as quickly as total home sales. First-time homebuyers now represent the smallest part of the market in years. First-Time Buyers Fail […].

Residential 142

Residential Sales As-is Marketing 142

Housing Wire

MARCH 15, 2021

I hear a lot of chatter about a boom in cash-out refinances, and the presumption seems to be that this is destined to wreak havoc on the housing market and the economy at some point. Cash-out loans have been growing over the past few years and it is also true that we have a recent history of excessive equity extraction factoring in a bust in housing.

Equity 543

Equity Loans Lending Mortgages 543

Keeping Current Matters

MARCH 19, 2021

Some Highlights. Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a down payment on the home of your dreams. The post Americans See Major Home Equity Gains [INFOGRAPHIC] appeared first on Keeping Current Matters.

Equity 247

Equity Marketing 247

Realty Biz

MARCH 19, 2021

Homeowners who’re looking to secure a quick sale might want to take it upon themselves to do a pre-listing home inspection with the aim of speeding up the sales process. Typically, the onus has always been on the buyer to pay for the home inspection once their offer has been accepted, but that can lead to a longer wait before closing, and also negotiations over the cost of repairs if any issues with the home are surfaced.

Inspection 137

Inspection Inspection contingency Sales Closing 137

Advertisement

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

Better Dwelling

MARCH 18, 2021

Canada’s young adults are fleeing the city, and the trend may be far from over. A Royal LePage survey of Canadian home buying intent of people aged 25 to 35 shows a quarter bought during the pandemic. This supports data showing young adults have been fleeing major cities, and sending rural home prices soaring. The […]. The post A Quarter of Canadians Aged 25 to 35 Bought Real Estate During the Pandemic appeared first on Better Dwelling.

141

141

Housing Wire

MARCH 15, 2021

Zillow is the elephant in the room, and Mynor Herrera doesn’t know whether to feed it, ignore it, or find a mouse. Herrera at first felt he needed to work with Zillow, and he sent a check to the company each month in exchange for leads. But the head of Mynor & Associates , a Keller Williams affiliate in Bethesda, Maryland, grew frustrated. “We used to attribute 25% of our business to Zillow,” Herrera said.

Agents 508

Agents Brokerage 508

Realtor.com

MARCH 18, 2021

Getty Images Preparing to list your house? If you want to get top dollar, start sprucing up your kitchen now. “The kitchen is often the centerpiece in a home and the place where most of the entertaining happens,” says Tony Rodriguez-Tellaheche , owner and managing broker of Prestige Realty Group in Miami. “Sellers should not cut corners.”. A killer kitchen is one of the best ways to sell your home.

Design 133

Design As-is Agents 133

Brownstoner

MARCH 19, 2021

Citing the difficulties of accessing virtual community meetings for those without Internet access, a Brooklyn judge upheld a temporary restraining order against the controversial Spice Factory rezoning at 960 Franklin Avenue — saying the city needed to provide a platform for everyone to voice their opinions before she would allow… Read More > The post City Must Ensure All Can Give Public Testimony Before Crown Heights Rezoning Can Resume appeared first on Brownstoner.

Development 130

Development 130

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

Better Dwelling

MARCH 15, 2021

Canadian real estate prices are making huge leaps higher, and not just in big cities. Canadian Real Estate Association (CREA) data shows prices hit a record in February. Rapid price growth is nothing new, but where it’s occurring is. Big cities, that typically lead the market, are seeing prices rise quickly. However, it’s nothing compared […].

Marketing 139

Marketing 139

Housing Wire

MARCH 15, 2021

The industry is now less than two weeks away from the one-year anniversary of the CARES Act, which provided borrowers with federally backed mortgages the option to receive forbearance for up to 180 days. After many extensions and exits, the Mortgage Bankers Association estimates 2.6 million homeowners are still in some form of forbearance, though that number continues to slowly fall.

Mortgages 479

Mortgages Loans Banks Industrial 479

Realtor.com

MARCH 19, 2021

HGTV Taylor Spellman , star of the new Discovery+ series “One Week To Sell,” specializes in fixing up seemingly unsellable homes so they’ll attract buyers. And while she’s worked on some ugly, unappealing houses on the show, sometimes the homes are just old. In the latest episode, “Disco Fever Gets a Retro Rehab,” Spellman is called to a 1970s home in the quiet community of Monroe Township, NJ.

Renovation 131

Renovation Design As-is Staging 131

Eye on Housing

MARCH 16, 2021

Continuing a long tradition to provide the most recent and accurate research on what home buyers want in their homes and communities, NAHB recently released What Home Buyers Really Want, 2021 Edition*. The study sheds light on the housing preferences of the typical home buyer, but also on how those preferences change over time, and how they may vary based.

128

128

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

Better Dwelling

MARCH 19, 2021

Canada’s national association representing Realtors is forecasting big price gains… but those gains are lower than last month’s average price. The Canadian Real Estate Association (CREA) released a forecast with February sales data. The association sees absolutely mind blowing growth for home prices in every province. Just one minor detail most analysts didn’t catch.

Industrial 135

Industrial Sales 135

Housing Wire

MARCH 18, 2021

In the wake of an ultimatum that mortgage brokers couldn’t use Rocket Pro TPO an d Fairway Independent Mortgage while still sending loans to United Wholesale Mortgage , Mat Ishbia declared victory. In a statement issued after Monday’s deadline, the president and CEO of UWM said that more than 10,000 broker shops have pledged to no longer work with Rocket and Fairway , whom he said have been working behind the scenes to destroy the broker channel.

Mortgages 432

Mortgages Loans As-is Lending 432

Realtor.com

MARCH 17, 2021

Getty Images Remember lazy Sunday afternoons when home buyers could leisurely hop from open house to open house, partaking of wine and cheese laid out to reel in more foot traffic—the more the merrier. Much can change in a year. On March 11, 2020, the World Health Organization declared COVID-19 a pandemic, triggering a wave of lockdowns that dramatically changed our lives in countless ways—including how we buy and sell homes.

Pre-approval 130

Pre-approval Residential Closing Technology 130

RIS Media

MARCH 16, 2021

When it comes to lead generation, social media is vital for real estate agents looking to develop a successful marketing strategy. As you grow your presence on social media, engagement follows suit…but only if you use these platforms to connect—and stay connected—to your audience. Posting self-made videos , sharing educational information and promoting your listings are tried and true social media methods for generating more leads.

Branding 128

Branding Staging Renovation Agents 128

Advertisement

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

Better Dwelling

MARCH 16, 2021

Canadian real estate is in a “melt up,” says one of the country’s largest banks. BMO senior economist Robert Kavcic sent a brief research note literally titled “Melt Up,” with his take on the latest real estate numbers. The term is typically used to describe rapid, and unsustainable price growth for an asset. It’s also […]. The post Canadian Real Estate In A “Melt Up,” and Little Chance of Stopping It By Spring: BMO appeared first on Better Dwelling.

Title 135

Title Banks 135

Housing Wire

MARCH 18, 2021

Savor the irony: A blank-check company started by Spencer Rascoff is bringing an iBuyer, Offerpad, public. Offerpad , a Phoenix-based company, said Thursday that it was bought by a Rascoff-controlled special purpose acquisition company, named Supernova Partners Acquisition Company. Supernova Partners will shepherd Offerpad onto the New York Stock Exchange, according to a press release.

Loan Officer 432

Loan Officer Technology Equity Brokerage 432

Coldwell Banker

MARCH 16, 2021

Coldwell Banker-affiliated agents offer their best tips to first-time home sellers. The post It’s A Seller’s Market After All: Tips for First-Time Home Sellers Directly from the Experts appeared first on Coldwell Banker Blue Matter.

Marketing 126

Marketing Agents 126

RIS Media

MARCH 16, 2021

The sun doesn’t appear to be setting on the bustling housing market, even as mortgage rates continue to rise. The gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage applications may have initially worried some ahead of the spring home-selling market. Rates rose to over 3% in early March, breaking an almost year-long decline during the pandemic that resulted in record lows.

Mortgages 122

Mortgages Marketing Industrial Brokerage 122

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