Housing Wire

JANUARY 12, 2023

Today’s inflation data has shown that the peak growth rate of inflation is behind us. This should also mean mortgage rates hit their highs. The key phrase I have stressed since I wrote about the case for mortgage rates to go lower on Oct. 27 is thinking 12 months out. The trend is your friend, and the month-to-month data has cooled off noticeably. That cooling happened even with the biggest inflation component — shelter inflation — still rising in the lagged modeled CPI data.

Mortgages 533

Mortgages Marketing Marketing Land 533

Inman

JANUARY 9, 2023

The metaverse is quickly becoming a platform, or a collection of several platforms, where you can advertise, socialize, build, and explore. It’s no wonder we’ve started to imagine how to bring real estate to this realm.

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Development Agents Agents 193

Realtors Property Resource

JANUARY 11, 2023

Start the New Year in high gear! These five tips from RPR will get agents on track and off to a great fresh start for 2023. The post 5 Ways to Start 2023 Strong appeared first on Realtors Property Resource (RPR).

Agents 84

Agents Agents Marketing Marketing 84

The Close

JANUARY 9, 2023

When I started The Broke Agent in 2015, real estate Instagram was an unbearable place to scroll. The #realtor hashtag was flooded with carbon copies of suited-and-booted “top producers” who were all magically in the top 1% (or so they claimed). I remember thinking, “ Is everyone in real estate killing it besides me? ” So I started to call out these fake “sales gurus” on @thebrokeagent and quickly realized I was not alone.

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Agents Agents Closing Marketing 128

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales

Keeping Current Matters

JANUARY 10, 2023

Home equity has been a hot topic in real estate news lately.

Equity 277

Equity Marketing Marketing 277

Eye on Housing

JANUARY 9, 2023

Average hourly earnings for residential building workers* rose at a slower pace in November. After reaching the highest rate (8%) of 2021 in October, the pace of wage growth has retreated and remained below 4% for the past five consecutive months. The recent slowdown in wage growth will ease inflation pressures.

Residential 100

Residential Construction Construction Marketing 100

Broke Agent Media

JANUARY 12, 2023

BAM Key Details: . New Western released their latest report, showing investors remain confident in residential real estate investment for 2023. The report also revealed an increase in younger investors as Gen Z is expected to represent 30% of the U.S. labor market in 2023. New Western, the largest private marketplace in the U.S. for fix-and-flip residential investment properties, released their latest report: “ The Flip Side: An Outlook for Residential Real Estate Investing in 2023.”

Residential 90

Residential Investor iBuyer Mortgages 90

BubbleInfo

JANUARY 9, 2023

There are only 88 pending listings today, which means we are unlikely to get up to 100 sales between La Jolla and Carlsbad this month. How radically different is that? Here’s how this month will compare to the previous Januarys of interest: NSDCC Detached-Home January Sales & Listings January Year Number of Sales Number of […].

Sales 105

Sales 105

Realty Biz

JANUARY 10, 2023

Selling a house as-is means selling the property without making any repairs or improvements. With all its flaws, the buyer takes the property and is responsible for any repairs or upgrades needed. The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. You can sell a house as-is to an individual buyer or companies like Vancouver Redevelopment , which specializes in buying houses as-is.

As-is 101

As-is Purchase and sale agreement Renovation Agents 101

Housing Wire

JANUARY 13, 2023

Like its nonbank competitors, Wells Fargo , JPMorgan Chase and Bank of America operated in a highly challenging mortgage market in 2022. But quarterly earnings released on Friday also revealed that the top depository lenders struggled more than the overall mortgage market in the final three months of the year, perhaps an omen of what’s to come. “The fourth quarter results were weaker than we expected,” a team of mortgage lending analysts at Keefe, Bruyette & Woods wrote in

Mortgages 418

Mortgages Lending Banks Equity 418

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Closing

Keeping Current Matters

JANUARY 12, 2023

During the pandemic, second homes became popular because of the rise in work-from-home flexibility.

Marketing 222

Marketing Marketing 222

Inman

JANUARY 13, 2023

National Association of Realtors' membership edged ever closer to 1.6 million in 2022, but the real estate trade group expects a drop this year, according to data provided to Inman.

MLS 167

MLS 167

Broke Agent Media

JANUARY 13, 2023

The mystery buyer of the iconic “Goonies” house has been revealed. Behman Zakeri, a serial entrepreneur and “Goonies” superfan, purchased the house for $1.65 million after just six days on the market. Source: RETO Media. 37 Years of Fame. The property in Astoria, Oregon, was an iconic part of the 1985 film The Goonies , which quickly became a cult classic and remains an adventure film that people of all ages love.

Residential 89

Residential Closing Marketing Marketing 89

Housing Wire

JANUARY 13, 2023

“Dominate The One’s” was born out my appreciation for a tactic that was taught to me some 32 years ago and my frustration with how we in sales try to overcomplicate the simplest tasks in business. The year was 1990. And in my sixth-grade English class, I learned one of the most important business lessons I still follow and teach. This is where I was introduced to K.I.S.S.

Mortgages 315

Mortgages Loan Officer Loans Sales 315

Speaker: Tim Hughes, Co-Founder and CEO of Digital Leadership Associates

In this era of social media, traditional ways of selling are not as effective as they used to be. As prospects become more proficient on social media, many organizations struggle to keep up, not knowing how to navigate the new digital landscape. With most of the world’s population active on social media, it is imperative that teams improve their sales strategies by investing in sales coaching & training.

Sales

Keeping Current Matters

JANUARY 11, 2023

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years.

Marketing 328

Marketing Marketing 328

Inman

JANUARY 13, 2023

Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Jan. 6-12, 2023.

Agents 158

Agents Agents Industrial 158

Kyle Handy

JANUARY 13, 2023

Are you looking for the perfect real estate closing gifts for your client? Closing gifts are a gesture you should take with all your clients to maintain a long-lasting relationship with them, build your sphere of influence, and get referrals. Not to mention, it’s the perfect way to celebrate your client’s new beginning. In this post, I’ll share a list of the top 15 real estate closing gifts for your clients, whether you’re looking for something techy, practical, edible, f

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Closing Agents Agents Branding 98

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Marketing 452

Marketing Marketing Construction Construction 452

Speaker: Rivers Pearce, CEO of W8LESS

Successful real estate professionals know that the most powerful tool in their business (aside from their stellar personality, of course) is maintaining a robust database of past, current, and prospective clients. However, keeping your contacts in a spreadsheet, or worse, sitting in your iPhone, simply won’t cut it in today’s world. In this session, Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share.

Agents

Keeping Current Matters

JANUARY 9, 2023

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year.

Marketing 314

Marketing Marketing 314

Inman

JANUARY 13, 2023

By staying up-to-date on these trends and adapting their social media strategies accordingly, real estate professionals can position themselves for success in 2023 and beyond.

Agents 167

Agents Agents Marketing Marketing 167

HomeLight

JANUARY 13, 2023

DISCLAIMER: This article is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. HomeLight always encourages you to reach out to an advisor regarding your own situation. Sitting down to do your taxes in your new (to you) home, perhaps you already knew that you might need some documentation from your home purchase last year.

Mortgages 97

Mortgages Loans Closing Sales 97

Housing Wire

JANUARY 13, 2023

In the midst of a challenging housing market, standing out from the crowd has never been more important. As nominations continue to roll in for the 2023 TECH100 award — nominations close today! — we’re seeing some impressive submissions from organizations working hard to stake their claim on the industry’s most prestigious list in housing tech.

Mortgages 343

Mortgages Loans Title Closing 343

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Agents

Easy Agent Pro

JANUARY 13, 2023

As a real estate agent, you know the importance of sustaining a steady and consistent flow of new leads. Often real estate agents tend to focus on either buyer leads or seller leads as their specialty in the market. While it is beneficial to know how to cater well to each type of lead, attracting both will help improve your career and increase profits in the long run.

Marketing 91

Marketing Marketing Agents Agents 91

Inman

JANUARY 13, 2023

Sometimes quitting is the right thing to do, writes broker Teresa Boardman. Having a plan first is a good idea but not absolutely required.

Agents 165

Agents Agents Marketing Marketing 165

Seattle Times Real Estate

JANUARY 13, 2023

In the latest sign of change in tech — and softening of the office market here — Facebook and Microsoft are vacating buildings in Seattle and Bellevue.

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Marketing Marketing Technology 111

Housing Wire

JANUARY 13, 2023

Wisconsin-based mortgage lender Waterstone Mortgage Corp. promoted Rico Garcia to vice president of enterprise risk from director of quality control, portfolio risk management and vendor management. In his new role, Garcia will supervise the quality control, title services, portfolio risk management and compliance teams at the company. In addition, he will work with other teams to lead cross training and improve communication with both internal and external customers.

Mortgages 366

Mortgages Lending Loans Title 366

Speaker: Brynne Tillman CEO | LinkedIn Whisperer at Social Sales Link

In many organizations, Sales Enablement is owning both LinkedIn and Social Selling. LinkedIn, even the free version, is an essential sales tool that every sales professional should be using, while leadership is continuing to turn to Sales Enablement to ensure that the business development team has all the strategies and tactics they need to be successful.

Sales

Eye on Housing

JANUARY 13, 2023

In May of last year, Eye on Housing reported on historically widespread shortages of building materials. Since then, most of the shortages have eased; the major exceptions being shortages of HVAC equipment and certain categories of ceramic materials (ceramic tiles, clay bricks and cement-based building materials), which have gotten slightly worse. NAHB has been tracking shortages of building materials and.

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Inman

JANUARY 13, 2023

Chris and Roberta Hanley designed a 5,500-square-foot home with mirrored glass to reflect the surrounding 70 acres of desert landscape near Joshua Tree National Park.

Marketing 163

Marketing Marketing Design 163

Real Trends

JANUARY 13, 2023

The city of Hartford, Connecticut, doesn’t typically make national news headlines. So when Steve Lucca, a local Keller Williams agent and leader of the top-performing iCONN Realty Group , saw the Greater Hartford area named as Realtor.com’s top market for 2023 , he was jazzed. “They are predicting that we are going to the number one most active, busiest real estate market in the country,” Lucca said.

Agents 108

Agents Agents Days on market Marketing 108

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Just two weeks into 2023, Guaranteed Rate ‘s top LO and managing director Ben Cohen has also seen an increase in inbound calls from buyers wanting pre-approval for mortgages.

Mortgages 387

Mortgages Marketing Marketing Pre-approval 387

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

For real estate professionals, 2021 was an iconic year. And while the seller’s market continues to shape 2022, real estate experts predict significant changes in inventory, mortgage rates, home prices, and buyer’s checklists. It can be difficult to navigate these constant shifts. However, with the right strategy in place, there is no doubt that you can achieve success.

Mortgages