Keeping Current Matters

MARCH 24, 2022

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house.

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Marketing 296

Housing Wire

MARCH 31, 2022

Mortgage rates keep climbing amid rising inflation , war in Ukraine, and disruptions to the supply chain, and there’s no sign that they’ll fall anytime soon. The latest weekly Freddie Mac PMMS mortgage survey, released Thursday, showed that the average purchase mortgage rate touched 4.67%, up 25 basis points from the week prior. That was the highest reading since December 2018, according to Freddie Mac.

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Eye on Housing

MARCH 22, 2022

Among first-time home buyers, a laundry room ranked as the most popular of the more than 200 home and community features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. The study is based on a nationwide survey of 3,247 recent and prospective home buyers, including 541 who bought, or were about to buy, their first.

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Lighter Side of Real Estate

MARCH 22, 2022

When you’re on the hunt for a house, you’re glued to the Internet, scrolling every listing site you can to make sure you aren’t missing anything. The Internet has certainly made it easier than it used to be to make sure you weren’t missing out on the house of your dreams. But you probably also keep your eyes peeled and ears perked for any word of a listing that may not have been listed on the MLS or any real estate site you browse.

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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.

Development

HomeLight

MARCH 2, 2022

You’ve done the work to get your home ready to sell — repainted rooms a neutral color and taken care of minor repairs, hired a great real estate agent , staged it to perfection , kept it clean for open houses and home tours — and now you’ve accepted an offer. Up next: The home inspection. Once the buyer orders a home inspection, your home is in the hot seat.

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Maximum Exposure Real Estate

MARCH 3, 2022

Homeowners Tax Deductions to Remember Do you know what is tax deductible when buying a house? Are you looking to find out the tax credits for homeowners? Tax season is an excellent time to be a homeowner. Unlike renters, you get to take advantage of some tax breaks geared towards homeowners – tax benefits that […]. The post Tax Deductions For Homeowners: Breaks and Benefits Explained appeared first on Maximum Real Estate Exposure.

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Housing Wire

MARCH 10, 2022

On Thursday, the Bureau of Labor Statistics reported the same trend that all Americans have seen lately: the inflation rate of growth is rampant and doesn’t show any sign of easing up due to the Russian Invasion of Ukraine. The Consumer Price Index for all Urban Consumers “increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January… Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment.” As you can

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Mortgages As-is Branding Investor 543

RIS Media

MARCH 14, 2022

As supply chain hurdles continue to strain homebuilders, industry experts and stakeholders say that conditions have worsened as pre-existing and new challenges have contributed to longer build times and higher prices for new homes. “Construction cycle times are up anywhere from four to 10 weeks and in some cases longer, particularly for the higher-end homes that are using a lot of custom materials that have to be transported,” says Rob Dietz, chief economist at the National Associati

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Sotheby's International Real Estate

MARCH 12, 2022

Green is a soothing, refreshing hue that brings to mind lush lawns, leafy groves, and idyllic forests. It fills any space with cheer, optimism, and a reminder that spring and summer are right around the corner. Stylish Hideaway in Sonoma. Sonoma, California | Jennifer Powers, Sotheby’s International Realty – Wine Country – Sonoma Brokerage. Blocks from the Sonoma Plaza, this charming three-bedroom home is enveloped in greenery and has an open floor plan ideal for entertaining.

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Brokerage 141

HomeLight

MARCH 31, 2022

Amna Shamim contributed research and writing to the most recent version of this story. In certain scenarios, it could be less costly to build than to buy. So how much does it cost to build a house? According to HomeAdvisor, the national average cost to build a new home in 2022 is $283,900. The U.S. Census Bureau puts the sales price of a new home higher, at an average of $496,900 in January 2022.

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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.

Industrial

Maximum Exposure Real Estate

MARCH 4, 2022

Tips to Buy and Sell Houses Simultaneously Are you wondering how to buy and sell a house at the same time? You are not alone, as many folks ask real estate agents how to pull off the house buy and sell simultaneously. It’s not like you buy and sell houses every day, so a reasonable […]. The post How to Buy and Sell a Home at The Same Time appeared first on Maximum Real Estate Exposure.

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Keeping Current Matters

MARCH 11, 2022

Some Highlights. Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.

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Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 million. This level is still within my 2022 forecast sales range between 5.74 million and 6.16 million. Last year I discussed sales levels coming back down to 5.84 million and I am looking for more of the same in 2022, at the 5.74 million level.

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Lighter Side of Real Estate

MARCH 11, 2022

Listing your first house can take some time when you get into real estate. And we’re not talkin’ just weeks or months—it can take years ! Heck, some agents never list a house in their entire career! A big reason for this is because potential sellers aren’t sending out Bat-Signals into the sky for you to figure out who’s thinking about selling. On the other hand, finding prospective buyers to work with is a lot easier when you first get started.

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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.

Agents

Eye on Housing

MARCH 30, 2022

Among first-time buyers, both a shower stall and tub in the primary bath ranked as the most popular of the 18 bathroom features listed in the NAHB study, What Home Buyers Really Want, 2021 Edition. The study asked first-time, as well as repeat, home buyers to rate the kitchen features on the following, four-tier scale (which emphasizes how a feature.

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HomeLight

MARCH 31, 2022

Amna Shamim contributed research and writing to the most recent version of this story. You fell head-over-heels the moment you laid eyes on the perfectly landscaped house of your dreams. It’s for sale — and you just so happen to be in the market to buy. However, you’ve heard rumors about the house’s past. Maybe something bad happened there once?

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Maximum Exposure Real Estate

MARCH 25, 2022

How to Deal With a Real Estate Bidding War Bidding wars on houses are happening all around the country. When real estate markets heavily favor home sellers, bidding wars on homes is not uncommon. In fact, not having a bidding war can be unusual in some circumstances. Wanting to know how to deal with a […]. The post Bidding Wars in Real Estate: How to Handle Multiple Offers on a Home appeared first on Maximum Real Estate Exposure.

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Marketing 144

Keeping Current Matters

MARCH 15, 2022

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home.

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Closing costs Closing 293

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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.

Sales

Housing Wire

MARCH 31, 2022

Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. I disagree with this conclusion. That’s not to say that the data points the Fed used are incorrect — in fact, we are in a savagely unhealthy housing market , but it’s not a bubble.

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Sotheby's International Real Estate

MARCH 8, 2022

On the coast of the Pacific Ocean along iconic Highway One, Malibu has earned legendary status among American beach towns, known as it is for its long stretches of sunny sandy beach, surf-friendly waves, and picture-perfect sunsets. High in the bluffs of Malibu’s Paradise Cove Beach, this extraordinary residence on 6.62 acres enjoys 339 feet of private beach frontage and unparalleled panoramas that encompass Palos Verdes, Point Dume, Catalina Island, and the area’s celebrated blue skies.

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As-is 140

The Mortgage Report

MARCH 14, 2022

When Zillow left the iBuying market, many worried it could contribute to a housing market crash. Here's why that won't happen.

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Marketing 137

Eye on Housing

MARCH 9, 2022

The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs increased for the month to 380,000 unfilled positions in January. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019. The housing market remains underbuilt and requires.

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Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

Maximum Exposure Real Estate

MARCH 7, 2022

What Does Appraisal Gap Mean in Real Estate Many things happen when you buy a new home, and sometimes things don’t go your way. When purchasing with a mortgage, one issue you can have is an appraisal gap. If there this an appraisal gap, you could end up losing your dream home. The simple explanation […]. The post What is an Appraisal Gap Coverage Clause appeared first on Maximum Real Estate Exposure.

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Mortgages 140

Keeping Current Matters

MARCH 17, 2022

For the first time in a long time, the number of newly listed homes is beginning to rise.

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Marketing 292

Housing Wire

MARCH 18, 2022

When Curtis Mangus of Premier Mortgage Resources in Meridian, Idaho looked into pivoting into reverse after serving decades in the traditional mortgage business, he asked his managing partner at the lender about its reverse mortgage department. The partner smiled. “ You are the reverse mortgage department,” he said. Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mor

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Sotheby's International Real Estate

MARCH 1, 2022

At first blush, this elegant Tudor-style residence could easily be mistaken for an enchanting Old World manor in the European countryside. Notwithstanding its stateside location in the charming East Bay community of Piedmont—a short drive from San Francisco—it is, in fact, quite grand, offering some 9,928 square feet of generously proportioned living and entertaining spaces replete with ornate traditional details.

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Brokerage 136

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

Realty Biz

MARCH 22, 2022

Your credit score is essential, but it is easy to overlook. However, a good credit score could mean a difference of many thousands of dollars on a home loan. One of the questions real estate agents and mortgage brokers get from potential homebuyers is what credit score is needed to buy a house. A better question would be what credit score will get you the best mortgage interest rates!

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HomeLight

MARCH 15, 2022

At first, it might seem heartbreaking. Fork over 6% of your home’s sale proceeds to a total stranger? Why use a real estate agent at all? In his 9 years of professionally helping homeowners get more bang for their listing, top real estate agent Nick Hundley knows a thing or two about the answer to that question. “One of the biggest roles that we play as realtors is minimizing the risk or liability that the sellers are putting themselves in when they try to sell their house,” Hundley says.

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Real Trends

MARCH 14, 2022

Cryptocurrency and the future of payments continue making headlines in 2022. From the everyday person selling a condo as an NFT (non-fungible token) to Warren Buffet investing $1 billion in a crypto-friendly bank , it’s clear that blockchain technology, tokenization and digital assets are here to stay. To some, blockchain real estate may sound just as bizarre as meme coins (such as Shiba Inu or Dogecoin) or Pringles’ new flavor NFT.

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Keeping Current Matters

MARCH 18, 2022

Some Highlights. If you’re thinking about selling your house this spring, here are some things you’ll want to tackle before you list. Spend your time on tasks that make it feel inviting, show it’s cared for, and boost your curb appeal. To determine the full list of things you’ll want to tackle for your home, you need the opinion of a trusted expert.

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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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