Housing Wire

DECEMBER 30, 2022

“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. It’s positive news for an industry that has recently dealt with a lackluster amount of inventory.

Loans 404

Loans Renovation Construction Mortgages 404

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. The Opendoor presentation projected sales of more than 37,500 homes in 2023. “The largest, undisrupted market in the U.S.,” billion last year.

Marketing 414

Marketing Investor Sales Renovation 414

HomeLight

MARCH 29, 2024

To find the Goldilocks price point, most real estate agents use the sales comparison approach. In this post, we’ve asked two top real estate experts to share insights on how this approach plays a key role in your home sale, how it works, and another pricing option you might need. How Much Is Your Home Worth Now?

Sales 102

Sales Renovation Land Construction 102

Brownstoner

MAY 21, 2021

From the street, the building for sale at 244 Putnam Avenue looks like one of the many traditional 19th century townhouses for which Bed Stuy is known. Step inside, however, and the 1879 building reveals creative modern updates mixed with historical details.

Renovation 72

Renovation Industrial Sales 72

Housing Wire

JULY 1, 2022

Most industry observers predicted that the national foreclosure rate would rise once foreclosure moratoriums ended on July 31, 2021. Home forfeiture actions, including completed foreclosure sales, short sales, and deed in-lieu-of- foreclosure actions also grew by 26.8% year-over-year to 2,410, the OCC found.

Banks 382

Banks Mortgages Principal Short sale 382

RIS Media

SEPTEMBER 8, 2023

Revive has announced its new business tool, “Revive Vision AI,” a pre-sale home renovation solution. This “industry-first” smart tool analyzes property photos (uploaded by the agent) to assess a property’s current value and renovation potential.

Renovation 130

Renovation Industrial Sales Agents 130

Housing Wire

APRIL 22, 2024

This is especially effective if you’re newly licensed, just moved to a new area, or simply as an introduction if you’ve haven’t previously told your neighbors that you’re in the real estate industry. You’ll want to include the list price, sale price, and days on market. Call or text me with any real estate questions!

Brokerage 428

Brokerage Investor Agents Pre-approval 428

RIS Media

APRIL 11, 2022

When selling a home though, most real estate professionals will vouch that—as far as home improvements are concerned—kitchen renovations are worthy investments that will likely increase your resale value. DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

Renovation 98

Renovation Staging Branding As-is 98

Housing Wire

JANUARY 12, 2024

The pandemic-era run-up in home prices and the property’s reappraisal made the burdens of the mortgage payments too high when deducted from the gift itself, Dooley explained to the outlet, despite the Conleys continuing to pay for taxes, utilities and renovations for the property.

Mortgages 423

Mortgages Finance Lending Equity 423

Realty Biz

OCTOBER 10, 2023

Here is what you can do when it comes to marketing properties in the current state of the real estate industry. Does it have unique features such as a renovated kitchen or a large backyard? However, there are a number of things that real estate professionals can do to market their properties effectively in this market.

Industrial 86

Industrial Marketing Staging Closing costs 86

GeekEstate

JUNE 5, 2024

Today’s showcase: Kukun] Kukun is a real estate data, analytics, and applications platform solving the client loyalty challenge that the real estate and mortgage industries face. What we like : The integration of nearby construction permits is a compelling hook to drive homeowner adoption for Kukun’s client loyalty solution.

Renovation 58

Renovation Branding Construction Investor 58

Housing Wire

OCTOBER 10, 2023

When making pre-listing repairs or renovations, different projects can result in vastly different returns. Remodels are structural renovations that make homes more livable and require more labor, resources, and money to complete than refresh projects.

Agents 450

Agents Renovation Inspection Construction 450

Point2Homes

SEPTEMBER 1, 2020

After reaching record highs in 2019, Canadian spending on home renovations declined drastically in the early days of the COVID-19 pandemic. With this in mind, many businesses in the home improvement market assumed 2020 would be another big year for their industry. Pandemic-Induced Home Renovations. and 3.6%, respectively.

Renovation 91

Renovation Equity Banks As-is 91

Housing Wire

FEBRUARY 18, 2022

Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. The mortgage industry has begun advancing initiatives to allow technology and big data to take the next steps in the development of things like more accurate AVMs. ” Amazing, right?

Commercial 382

Commercial Renovation Technology Inspection 382

Housing Wire

SEPTEMBER 19, 2023

A licensed appraiser conducts the evaluation and considers the condition of the property, the location and sales of comparable properties (comps) in the area. This includes foreclosed properties, flipped properties, distressed properties, commercial properties and industrial properties. Why are appraisals important?

Agents 442

Agents Inspection Sales Commercial 442

Housing Wire

JULY 7, 2023

Manufacturing activity remains quite weak, while consumer spending has held up somewhat better, and new home construction and sales have picked up. Employment in the construction industry has increased by an average of 15,000 per month thus far this year, compared with an average of 22,000 per month in 2022.

Construction 370

Construction Residential MLS Renovation 370

Housing Wire

MAY 20, 2022

COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations.

Short sale 404

Short sale Investor Banks Agents 404

Housing Wire

JULY 17, 2023

With its captivating and immersive experiences, VR has captured the attention of industry stakeholders, unlocking vast untapped potential. While VR has transformed various industries, it is in real estate where its impact truly shines. New agents can also practice their sales and negotiation skills.

Technology 356

Technology Staging Development Agents 356

HomeLight

FEBRUARY 4, 2022

The pandemic cast our homes in a whole new light and subsequently shifted which renovations increase home value. One-third of top agents in a HomeLight survey ranked “the desire to make homes a sanctuary from the world” as the number-one reason for renovations in their market. Get a Home Value Estimate Before You Renovate.

Renovation 120

Renovation Agents As-is Design 120

Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. The record sales numbers of last fall have now been eclipsed by a story of free falling inventory.

Equity 370

Equity Renovation Construction Investor 370

Realtor.com

NOVEMBER 19, 2020

ozgurcankaya/Getty Images The numbers: Existing-home sales rose for the fifth consecutive month in October, as the housing market finally made up for the pandemic-related downturn in sales this spring. Total existing-home sales increased 4.3% Compared with a year ago, home sales were up roughly 27%. from October 2019.

Sales 124

Sales Lending Renovation Finance 124

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. The LO as an “order taker” vs. a financial advisor Unlike top producers in many other industries, mortgage LOs were not completely sidelined by the pandemic.

Loan Officer 404

Loan Officer Lending Technology Loans 404

Realty Biz

APRIL 10, 2022

Real estate development is an interesting and lucrative industry, but like all lucrative sectors, it also comes with a number of challenges. There are dos and don’ts of buying land for sale or development. Anticipating and having the ability to meet those challenges is important. Fleet Management Issues. Site Choice. Cost and Design.

Development 97

Development Industrial Construction Design 97

Realty Biz

SEPTEMBER 3, 2023

C&R , a leading public relations agency in the luxury real estate and hospitality industries, is pleased to announce that Cayla Kondo has joined the firm as vice president, of real estate. Award-winning campaigns span-new build-outs and sales to renovations and openings – always with an eye on generating ROI for the agency's partners.

Industrial 81

Industrial Branding Renovation Residential 81

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 370

Lending Banks Technology New Construction 370

Kyle Handy

JULY 5, 2023

In the world of real estate and sales, few professionals match the success and expertise of Ryan Serhant, the renowned agent and television personality. Serhant rose to prominence with his role on the Bravo TV show “Million Dollar Listing New York” and has since created his own sales training program, Sell It Like Serhant.

Sales 52

Sales Branding Industrial Agents 52

Housing Wire

JUNE 30, 2021

“‘High tech – High touch’ is our mantra as we develop industry-leading tools and resources with a never-ending commitment to the relationships with our brokers and team members,” CEO Sanjiv Das said. Caliber Reconnect includes MLS Trigger that alerts brokers when a shared borrower’s property has been listed for sale on MLS.

Lending 382

Lending MLS Loans Renovation 382

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

Sales 90

Sales Investor Renovation Due diligence 90

RIS Media

OCTOBER 30, 2023

Although now a part of the selling process, the problem is that… The post Traditional Home Improvement for Pre-Sale Updates Is Fundamentally Broken appeared first on RISMedia. Consequently, making updates or at least doing some basic preparation before listing has become a must for every homeowner.

Sales 121

Sales Marketing Renovation Industrial 121

Housing Wire

FEBRUARY 8, 2024

To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals. Jane Doe specializes in luxury markets.”

Agents 404

Agents Construction Design Branding 404

RIS Media

JANUARY 25, 2024

Debra Beagle—managing broker/owner of the Ashton Real Estate Group in Nashville,… The post Pre-Sale Home Updates Set the Stage for Home-Selling Success appeared first on RISMedia. And since the majority of buyers are either relocating, retiring or downsizing, they want move-in ready properties.

Staging 121

Staging Sales Mortgages Marketing 121

Housing Wire

JANUARY 6, 2023

Have you hit the $1 billion sales volume? The name of the game in the industry was purchase mortgages. Connie Kim: Are you doing all these deals by yourself or do you have a team that helps with sales? Some LOs have or plan on getting licenses in multiple states to close more sales. Chris Gallo : Unfortunately, no.

Loan Officer 404

Loan Officer Loans Equity Mortgages 404

Housing Wire

FEBRUARY 16, 2022

Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. Real estate is a people-oriented industry, and practically everyone in it knows that. Establish a private money lending network for real estate.

Purchase and sale agreement 382

Purchase and sale agreement Investor Hard money loan Lending 382

Realty Biz

JUNE 27, 2022

Custom Fit Real Estate is modernizing the industry, but still dishing out the same superior service to its clients, backed by the client first-profits second mentality. We want to see the entire process through with you, from renovation to closing sale.”. We aren’t here to give you bills, take your money and time, and walk away.

Industrial 69

Industrial Renovation Brokerage Technology 69

Lighter Side of Real Estate

FEBRUARY 7, 2024

But if you fit that profile, you may at least want to consider doing some renovations…. Nearly 70% of them own houses that are over 30 years old, and have never done renovations or replaced major appliances, and they have no plans to make any type of home improvements. They don’t want to “waste” the money.

Renovation 104

Renovation Equity As-is Sales 104

Housing Wire

SEPTEMBER 22, 2022

With mortgage rates nearly doubling from the start of 2022, the LO, who has more than 20 years of experience in the industry, says it’s painful to see deals simply disappear. The mortgage industry was on a “sugar high” in the last two years, added Lonnie Glessner, senior vice president of residential lending at Draper & Kramer Mortgage.

Mortgages 382

Mortgages Loan Officer Loans Equity 382

App Folio

SEPTEMBER 17, 2020

Narrator: Leadership styles vary from person-to-person, but no matter the industry, the same characteristics come up time and time again when discussing the qualities of an effective leader. Narrator: Like most industries, the property management and community associations sectors have been disrupted in 2020. Subscribe on Spotify.

Industrial 111

Industrial Technology Property Management As-is 111