Thu.Mar 30, 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.

VA loan 539
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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 279
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Low inventory a challenge to housing market as rates decline 

Housing Wire

Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Freddie Mac’s Primary Mortgage Market Survey showed on Thursday that the 30-year fixed-rate mortgage was 6.32% as of March 30, down 10 basis points from the previous week, mainly due to the economic uncertainty caused by bank collapses.

Marketing 526
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Staging can add value in any kind of market

Real Estate News

Agents surveyed for NAR's Profile of Home Staging reported that staged homes can sell faster and for more money, even in a sellers market.

Staging 279
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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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Homebridge to lay off employees following deal with CMG

Housing Wire

New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage loan officers, final “docs” associates, desktop support professionals and business solutions architects, among others.

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Mortgage rates continue 3-week decline

Real Estate News

Since peaking in November, rates have been up and down — and up and down. Economists say it's hard to predict what's next, but buyers may want to act now.

Mortgages 278

More Trending

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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 261
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Record keeping needs improvement: FHFA watchdog

Housing Wire

The Federal Housing Finance Agency (FHFA)’s Office of the Inspector General (OIG) has determined that the FHFA has followed guidance related to conservatorship of the government-sponsored enterprises (GSEs). However, staff turnover and pervasive record keeping issues have caused a loss of critical documentation, according to a new FHFA OIG report. As a result, new document retention practices should be implemented, the OIG said.

Finance 415
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Get creative with ChatGPT and level up your marketing game

Inman

Watch the new Inman Access classes with Jeff Lobb and Philip Hordijk to learn how and when you should be using ChatGPT and the importance of marketing and finding a niche for your business.

Marketing 164
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ICBA, affiliates urge CFPB to improve construction loan disclosures

Housing Wire

The Independent Community Bankers of America (ICBA) and 42 affiliated state banking associations are calling on the Consumer Financial Protection Bureau (CFPB) to approve language that allows community banks to test out different consumer construction and construction-to-permanent loan disclosures, which the group describes as “a core offering of community banks in many local communities.

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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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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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Construction Self-Employment Rises Post Pandemic

Eye on Housing

According to the 2021 American Community Survey (ACS), 23% (or close to 2.5 million) of workers employed in construction are self-employed. This is a whole percentage point higher than the share of self employed in construction in 2019, before the pandemic rattled the labor market. Even though the Covid-19 pandemic boosted self-employment across all industries, construction self-employment rates remain significantly.

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How did we get here? How to talk about the economy with clients

Inman

How did we get here, and what should we be focusing on as agents? These are the questions Jimmy Burgess posed to Keeping Current Matters' George Ratiu, chief economist, and David Childers, president.

Agents 158
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6 Reasons the Housing Market Remains Seller-Friendly

HomeLight

With so much pessimism hovering over the 2023 housing market, many potential home sellers are worried about listing their home. If you’re thinking about selling, slowing home sales, lower prices, and higher mortgage rates could all be sparking doubts. But there’s actually some good news for sellers. Some experts are seeing signs flash that indicate the housing market could benefit sellers in 2023.

Marketing 111
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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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5 years later, Anywhere CEO Ryan Schneider’s impact is everywhere

Inman

The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes.

Branding 158
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Coldwell Banker Taps into Paraguay’s Booming Real Estate Market

Coldwell Banker

Coldwell Banker Paraguay is the latest South American company to join the powerful Coldwell Banker global network The post Coldwell Banker Taps into Paraguay’s Booming Real Estate Market appeared first on Coldwell Banker Blue Matter.

Marketing 106
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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.

Branding 158
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5 Silver Linings for Home Buyers in 2023

HomeLight

If you’re thinking about buying a home right now, you’re probably eyeing housing market headlines with caution. Everything from stubborn inflation and increasing mortgage rates to potential home price declines could cause potential buyers to rethink a new home investment. But there are also reasons for home buyers to be optimistic. Some experts believe many concerns about the housing market are overblown, and they see opportunities for home buyers to cash in on buyer-friendly patterns that are s

Mortgages 105
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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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5 mythunderstandings about real estate recruiting in 2023

Inman

Agents are more open to conversations when the market gets tough because they are looking for solutions that will help them get out of pain and help them thrive for months and years to come.

Agents 156
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Mortgage, Mortgage, Mortgage: What First-Time Home Buyers Need to Know

Realty Biz

Homes in the United States now cost over $350,000. For many people, rising home prices have served to be an obstacle. For others, they have proven to be a great investment opportunity. Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know.

Mortgages 101
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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.

Sales 156
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Can A Homeowners Association Kick You Out?

Maximum Exposure Real Estate

How to Deal With Your Homeowners Association Many folks want to know if you can refuse to join a homeowners association or if a homeowners association can kick you out. These questions are often asked because of an unpleasant experience with an HOA. Knowing how to deal with a homeowners association is probably something most […] The post Can A Homeowners Association Kick You Out?

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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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Altisource sees rise in foreclosures as a path to profitability

Inman

The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million.

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Renting a U-Haul Truck: What You Need to Know

Maximum Exposure Real Estate

Renting a Moving Truck From U-Haul Are you going to need to rent a moving truck? Are you interested in renting a U-Haul truck? If you are moving from one home to another without using one of the best professional moving companies, a U-Haul rental should be near the top of your list. They are […] The post Renting a U-Haul Truck: What You Need to Know appeared first on Maximum Real Estate Exposure.

98
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Brad Pitt offloads LA estate for $39M in off-market deal

Inman

Pitt began shopping for a buyer at a $40 million asking price in January, according to reports. The home, he purchased from actress Cassandra Peterson "Elvira," was never publicly listed.

Marketing 147
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The RPR Mobile™ app: Turn your Next Open House Into a Closed Deal

Realtors Property Resource

The most important guest who attends your open house… is your phone! That’s right, the RPR app is your secret, on-site open house weapon. The post The RPR Mobile™ app: Turn your Next Open House Into a Closed Deal appeared first on Realtors Property Resource (RPR).

Closing 98
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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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Why Remodel When You Can Refresh? New data shows delivering high-impact updates doesn’t have to cost a fortune

Inman

The concept of ‘home renovation’ is undergoing a transformation right now. Things that used to stop sellers in their tracks — bloated quotes, timelines without deadlines, and blind trust — are things of the past. Curbio is disrupting the industry with transparency, technology, and results.

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A Real Estate Agent’s Guide to Generating Leads on Instagram

Broke Agent Media

Whether you’re a brand new agent or you’ve been at this a while, if you’re struggling with lead generation in today’s market, you need to read this. Sometimes, you just have to take a step back and start from the beginning to see what you’re missing and what’s really hurting your engagement on social media—including your ability to get leads. If you’ve noticed your Instagram presence is doing very little (or nothing) to generate leads, start by working through this guide.

Land 98
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Mauricio Umansky’s 7 steps for cultivating a high-performing team

Inman

Make sure you aren’t rushing into growth simply for growth’s sake when building your team, Mauricio Umansky writes. Take your time planning the structure of your company and figuring out what your ideal hire looks like.

Brokerage 117
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February Pending Sales Are Up for a Third Straight Month

Broke Agent Media

BAM Key Details: According to the National Association of REALTORS, pending home sales for February 2023 are up for the third consecutive month, rising 0.8% to 83.2% Three regions of the U.S. posted monthly gains, while the West declined. An index of 100 is equal to the level of sales contract activity in 2001, when NAR began tracking the data. The National Association of REALTORS® (NAR) announced a third monthly increase in its report on February pending sales , raising the Pending Home Sales

Sales 98
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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.