Thu.Dec 21, 2023

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Busting VA mortgage loan myths

Housing Wire

There’s no higher honor than serving in the United States Military , which I deeply understand as a former Army sergeant. And, like many of my fellow service members, I’ve experienced firsthand the sense of missing out on a significant benefit we’ve rightfully earned protecting our freedoms — the VA mortgage loan — which stands as one of the most powerful tools that our nation’s veterans and active-duty military personnel can use to purchase a home and build long-term financial

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Sell Smarter: Why Working with a Real Estate Agent May Beat Going Solo

Keeping Current Matters

If you're thinking about selling your house on your own, called “For Sale by Owner” or FSBO, there are some important things to consider.

Agents 349
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First American is the latest cybersecurity attack victim

Housing Wire

First American is the latest real estate firm to suffer a cybersecurity incident. Sources told HousingWire the incident occurred Wednesday afternoon, with First American confirming the incident Thursday morning. In a statement on the title company’s website it notes that First American has “taken certain systems offline” and that it is working to resume normal business operations as soon as possible.

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Cyberattack hits major title insurance firm

Real Estate News

First American Financial is the latest real estate service provider to be targeted by hackers.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Mortgage rates continue trending down before Christmas

Housing Wire

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This week’s dip is the largest weekly drop since November 2022. The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down from last week’s 6.95% and up from 6.27% the same week a year ago.

Mortgages 508
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Mortgage rates tumble, reach lowest level since June

Real Estate News

For those who can find a home to buy, falling rates will provide significant relief.

Mortgages 252

More Trending

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Judge reopens pocket listings case against NAR

Real Estate News

Following a review, Top Agent Network's lawsuit challenging NAR's Clear Cooperation policy — which had been dismissed in 2021 — will be able to proceed.

Agents 236
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Dovenmuehle Mortgage to lay off several hundred in Illinois

Housing Wire

Dovenmuehle Mortgage , a mortgage sub-servicing company, has informed authorities in Illinois that it will impose a layoff affecting hundreds of employees next year. The company has decided to cut 212 jobs in its Lake Zurich site starting on Feb. 16, 2024, per a Worker Adjustment and Retraining Notification Act (WARN) filed with the Illinois Department of Commerce and Economic Opportunity. “This action is a partial reduction in the company’s workforce at the site above; the compa

Mortgages 357
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The Ten: New face of NAR meets pivotal moment with confidence

Real Estate News

On stages large and small, NAR President Tracy Kasper is making a compelling push to retake the Realtor narrative and highlight efforts to expand homeownership.

Staging 234
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Guaranteed Rate’s Kate Amor on a bespoke tech approach

Housing Wire

HousingWire Editor in Chief Sarah Wheeler sat down with Kathryn Amor, senior vice president and head of enterprise products at Guaranteed Rate , to talk about the intersection of product and technology. Sarah Wheeler: You joined Guaranteed Rate in January of 2023. What drew you to that role? Kathryn Amor: Their amazing tech stack was a really important factor.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Title insurer First American Financial is hackers’ latest target

Inman

The nation's second biggest title insurer issues terse statement saying it's taken some systems offline. A ransomware group known as Blackcat, ALPHV or Noberus has infiltrated the computer networks of more than 1,000 victims.

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Property Tax Revenue Continues to Climb

Eye on Housing

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $129 billion in taxes were paid by property owners in the third quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q3 2023, state and local governments collected $757 billion of property tax revenue—an 11.6% increase over Q3 2022. The year-over-year growth rate of property tax revenue.

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Nest Seekers sues Serhant in CT, adding to string of lawsuits

Inman

The $10 million lawsuit alleges two former Nest Seekers managers stole the firm's commissions, clients, intellectual and other confidential property as Ryan Serhant used "unfair and deceptive trade practices" to launch SERHANT. in Connecticut.

Brokerage 176
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How to Get Started in Real Estate Investing (6 Actionable Steps)

Bigger Pockets

Many people dream of investing in real estate, but most never take the first step. If you want to get started in real estate investing, there are six actionable steps you can take today.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Broker Spotlight: Abel Gilbert, ONEPATH Realty

Inman

Find out how this Miami broker-owner turned a personal connection to homeownership into a passion for brokerage leadership.

Brokerage 166
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We Asked Two Investors About the Best Markets To Invest In—Here’s Where They Said To Go

Bigger Pockets

When it comes to investment predictions, everyone has their own crystal ball about which markets are sure to win and which are sure to lose.

Investor 129
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These 3 keys unlock optimal performance for real estate teams

Inman

Sotheby's agent Nikki Beauchamp offers insights gleaned from "Harvard Business Review" to help you bring out the best in your team, brokerage or professional organization.

Brokerage 164
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Mortgage Rates Continue Their Fall Below 7%

RIS Media

The 30-year fixed-rate mortgage continued its fall below 7% this week, averaging 6.67% this week, down from the previous week’s dip to 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.67% as of December 21, 2023, down from last week when… The post Mortgage Rates Continue Their Fall Below 7% appeared first on RISMedia.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Rebecca Donatelli is pioneering change in real estate

Inman

In his latest Snapshot, Brandon Doyle looks at how Rebecca Donatelli is moving the industry forward through leadership, mentoring and education.

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Lean FI in 6 Years, Fat FI in 10, and Quitting Your Job The FIRE Way

Bigger Pockets

At twenty-nine years old, Andy Johnson had achieved lean FIRE. He had enough to survive but not enough to make his future family comfortably financially free.

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Kanye West asks $53M for windowless home sans electricity

Inman

West has abandoned a remodeling job on the Tadao Ando-designed property after getting sued by a live-in contractor and caretaker in September for allegedly forcing him to work 16 hours per day and sleep on the floor near open insulation.

Design 157
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Where Will the Commercial Real Estate Market Go In 2024? A Look at Each Sector

Bigger Pockets

Pandemic and post-pandemic behaviors had a pronounced impact on commercial real estate, and that’s set up 2024 to be a year of normalization.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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23 marketing ideas that make the most of the holiday season

Inman

Marketing and PR expert Molly McKinley offers ways that you can give back to clients and colleagues this holiday season and stay connected to those who matter most in your business.

Marketing 155
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The Key to Scoring Discounted Deals in One of America’s Hottest Markets

Bigger Pockets

Remy was looking for rental properties in one of America’s hottest housing markets. He knew picking up one rental property, let alone a multifamily, wouldn’t be cheap.

Marketing 125
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Colleen’s AI property management solution automates rent collection

Inman

Colleen’s suite of products address a range of communications and apartment community needs for managers in the multifamily space, including lease renewal engagement, rent submission and other lease term milestones.

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Giving Your Tenants a Gift for Christmas Is Nice—But Is It the Right Thing To Do?

Bigger Pockets

The holidays are here! The egg nog is flowing along with the cash, and you’d like to keep it that way.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Teams Spotlight: Vincent Kessel, Kessel Luxe Lifestyle

Inman

Find out how South Florida team leader Vincent Kessel learned to lead by example to achieve truly extraordinary results.

Agents 148
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How to Pet-Proof Your Home for Furry Family Members

Coldwell Banker

If you share your home with a pet or two (or five), you know their well-being is a top priority. Along with making a move less stressful for them, learning how to pet-proof your home should be high on the list for responsible pet owners. Read on to know what to look out for and […] The post How to Pet-Proof Your Home for Furry Family Members appeared first on Coldwell Banker Blue Matter.

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HomeScout resurfaces with the acquisition of Trinity Oak Partners

Inman

HomeScout, a real estate technology company for agents and mortgage professionals, acquired Trinity Oak Partners, a lead generation service.

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Why Don’t Investors Just Buy Shares of REITs Instead of Rental Properties?

Bigger Pockets

If you’ve thought about allocating some money into real estate, you’ve probably come across two attractive real estate investing options: Both options are very popular, and they each have their […]

Investor 119
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.