March, 2023

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What will housing credit look like in next recession?

Housing Wire

With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? Many people predicted that the U.S. housing market would crash during the pandemic. One of the main reasons for that fear was that housing credit was about to get tight, meaning fewer people could buy homes with mortgages.

Mortgages 379
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We’re in a Sellers’ Market. What Does That Mean?

Keeping Current Matters

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market.

Marketing 241
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‘Stop arguing and start adjusting’: Agents react to class-action ruling

Inman

From "NAR is toast" to "don't make any rash decisions," real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday.

Agents 131
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Peek inside $75M family compound for sale on San Juan Island

Seattle Times Real Estate

A 90-acre property on San Juan Island hit the market this month for $75 million, among the most expensive listings ever in Western Washington.

Sales 105
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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.

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Only 5 of the top 20 real estate companies boosted sales in 2022

Real Estate News

In a tough year for real estate, many of the top companies and franchise brands held onto their rankings, but only a few were able to grow sales volume.

Sales 106
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Buying a New Construction Home

Windemere Buying

You’ve got several options to choose from when buying your next home. With existing homes, it’s in sellers’ best interest to spruce up their properties, so they’ll usually complete some kind of upgrades, curb appeal projects, and remodeling before hitting the market. A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family home

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4 Key Tips for Selling Your House This Spring

Keeping Current Matters

Spring has arrived, and that means more and more people are getting their homes ready to sell.

Marketing 256
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Will migration fizzle out in 2023? History points to existential shift

Inman

The migration trends that drove housing demand during the pandemic are ending. But that doesn't mean people aren't moving, according to an Inman analysis of historic data.

Agents 136
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How To Lowball

BubbleInfo

Thanks to Peter for sending in this sale that exemplifies how to get a good deal. Someimes you can get lucky and the listing agent does the work for you – and you just need to be in the right place, at the right time.

Agents 105
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Commissions lawsuit now a class action, greatly increasing its scope

Real Estate News

A judge ruled that the Moehrl suit would now cover all sellers who paid commissions to named companies over a 5-year period, plus “current and future” sellers.

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The Only Business Plan You'll Ever Need in Real Estate

Overthinking your business plan? The old and tired process of building a 12-month business plan simply doesn’t make sense for the modern real estate business. Learn how to build one that will actually help you keep on track, stay nimble, and close more deals in 2022. Download now!

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Opinion: will we see massive price drops in new construction?

Real Trends

Over the last two years, Boise, Idaho, really hit the map as people from the West Coast moved here to enjoy the lifestyle and lower cost of living. Builders responded in kind, gearing up the development of new homes to meet the growing demand. There was one problem, we were already at a new home deficit, making the new home market incredibly competitive.

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FHFA to expand payment deferrals for borrowers facing hardships

Housing Wire

Government-sponsored enterprises Fannie Mae and Freddie Mac will allow borrowers facing financial hardships to defer up to six months of mortgage payments, the Federal Housing Finance Agency (FHFA) announced on Wednesday. The option was previously available for borrowers who fell behind on their mortgage payments due to the financial impacts of the Covid-19 pandemic, but the enterprises will start offering it for those experiencing other eligible hardships.

Mortgages 389
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Get Ready: The Best Time To List Your House Is Almost Here

Keeping Current Matters

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.

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A 6- to 24-month nurture-to-conversion plan for your leads

Inman

The work doesn't end once you have a lead. Here's how to turn that possibility into profitability with a month-by-month conversion plan.

Agents 144
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The #1 Reason Why Sales Coaching is Critical to Your 2022 Sales Success

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.

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Three Things I Learned About Content Creation on My Honeymoon

Broke Agent Media

On March 11th, I got married. On March 12th, I went to Thailand for two weeks on my honeymoon. Here is proof for all the haters and doubters. I’ll spare you the travel details because why would you care? But, I can tell you this: definitely go to the beaches on Koh Samui and definitely do NOT go to The House of Ginger restaurant in Chiang Mai. That meal almost ruined my life.

Agents 96
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Pending sales signal modest improvement in housing market

Real Estate News

NAR reported that February pending home sales were up 0.8% from January, making it the third consecutive month of increases.

Sales 104
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11 Smart Ways To Find Real Estate Leads On LinkedIn In 2023

Kyle Handy

Finding new leads can be challenging as a real estate agent, especially in a competitive market. Traditional methods like cold calling and door-to-door prospecting are time-consuming and often yield little results. It’s easy to feel like you’re hitting a wall and not making progress. But what if there was a smarter way to find leads? What if you could connect with potential clients in a more efficient and effective way?

Agents 98
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Hope Through Housing uses MLK Grant to fund after school programs

Housing Wire

Hope through Housing is a non-profit organization whose mission is to end generational poverty through affordable housing , educational programs and advocacy. In 2022, they were the recipients of an MLK grant which will be used to fund their youth development initiative. As people across the country celebrated MLK day on January 16th, Greg Bradbard, president of Hope Through Housing, sat down with HousingWire to talk about the impact the grant will have on his organization and the affordable hou

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Database Restoration: How to Revive Dead Leads and Generate New Ones

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.

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Why Buying a Home Is a Sound Decision

Keeping Current Matters

If you’re thinking about buying a home, you want to know the decision will be a good one.

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Broker Spotlight: Alex and Margot Platt, The Platt Group at Compass

Inman

Find out how these Boca Raton natives use social media and the power of networking to create leverage and sell homes.

Brokerage 158
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What Are The Requirements For VA Loan Inspections

Realty Biz

VA appraisals and VA inspections are often confused, but they are different. A VA appraisal is similar in some ways to the appraisal with a conventional mortgage, but they do more to protect buyers. We look at a home's requirements when applying for a VA loan. There are VA loan inspection requirements for appraisals that buyers, sellers, and real estate agents should know.

VA loan 101
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MLS-owned Nestfully wants to make home shopping more pleasant

Real Estate News

The new home search platform, a joint venture between Bright MLS and CRMLS, aims to inspire a sense of calm and simplify the process for consumers and agents.

MLS 96
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The Real Estate Pulse: Analyzing the 2022 Housing Market

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.

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A Few Loans Go To Special Servicing, but the Sky Is Not Falling at Blackstone

Propmodo

Nothing turns heads in the commercial real estate industry like news of a property placed into special servicing. For this reason, tongues have been wagging about a few looming foreclosures of properties owned by Blackstone, the largest owner of commercial real estate in the world. When a special servicer gets involved, it can be an indicator of an impending downward spiral, but for Blackstone, the recent transfer of three commercial mortgage-backed securities loans totaling roughly $900 million

Loans 103
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Rocket launches its first credit card to attract buyers, homeowners

Housing Wire

Rocket Companies has rolled out its first credit card in order to attract potential homebuyers and existing homeowners into its ecosystem amid one of the most challenging mortgage markets in decades. Those looking to buy a home can earn 5% back by using the Rocket Visa Signature Card for up to $8,000 that can be used toward closing costs and down payments.

Mortgages 390
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Is It Really Better To Rent Than To Own a Home Right Now?

Keeping Current Matters

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.

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Homebuyers and sellers played chicken as sales slowed in March

Inman

Realtor.com's latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity.

Mortgages 151
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#Trending: How to Leverage Instagram’s Algorithm to Build Your Pipeline

Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency

Social Media is one of the most efficient sales tools an agent can use! It has the potential to produce high-quality leads and foster client relationships when used effectively. As new social media tactics flood the market, agents are being inundated with the various apps and trends that could lead to their success. In this webinar, The Broke Agent and Matt Lionetti breakdown the strategies they utilized to grow their accounts to over 400,000 combined followers.

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JPAR® Gulf Coast Named Affiliate of the Year

Realty Biz

JPAR® Gulf Coast, a leading real estate brokerage in Mobile, Alabama, is proud to announce that its dynamic duo, Adrienne and Owen Gill, have been named Affiliate of the Year by JPAR® - Real Estate. The Star Awards, announced at the brand’s annual JPAR® Nation Celebration, recognize top-performers in a variety of categories. The Affiliate of the Year award is given to a JPAR® affiliate who demonstrates excellence in all areas of the business, including; operations; marketing; customer service; p

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Agents Decoded: How to get clients to contact you

Real Estate News

When Jay Thompson needed to find a great local agent, he went looking for someone with a solid online presence and good reviews — who also responded to calls.

Agents 102
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Market in Focus: Texas Leading in Population Growth

Eye on Housing

Based on the Census Bureaus’ latest estimates, the population of the State of Texas grew by 470,708 persons between 2021 and 2022. This nominal increase was the largest of any state. Texas joined California as the second state to have a total population above 30 million, with a total estimated population of 30,029,572 on July 1, 2022. This population growth.

Marketing 100
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Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. Here’s a quick rundown of the last week: The 10-year yield had a Lord of Rings battle at a critical technical level, pushing mortgage rates lower at the end of the week with no real break in the bond market.

Mortgages 453
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How Sales Enablement is Supporting Social Selling in 2022

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.