Housing Wire
APRIL 25, 2022
In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. “They were approved in December,” he said. “Now they’ve gone from $450,000 down to $325,000.”. The reason behind the change, he said, is not that they had a sudden reduction in income, or an emergency expense that drained their savings.
Keeping Current Matters
APRIL 25, 2022
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted.
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RIS Media
APRIL 28, 2022
Tomas Barrientos. Managing Broker. HomeSmart TuCasa Realty. Tulsa, Oklahoma. [link]. Region served: Oklahoma. Years in real estate: 17. Number of offices: 2. Number of agents: 59. How did you come to partner with HomeSmart, and how has that helped mold your brokerage? . During the pandemic, we tried to find a new way to present something fresh with technology that was simple enough that our agents would understand, while also offering 100% commission with a flat transaction-fee plan.
Sotheby's International Real Estate
APRIL 23, 2022
Whether classical or colorfully modern, a fountain brings the serene sounds of water to any estate. Each of these five homes—from the Connecticut to California—uses a fountain to turn an outdoor area into an oasis that is both eye-catching and calming. California Meets Bali. Shelton Wilder, Sotheby’s International Realty – Brentwood Brokerage.
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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.
Housing Wire
APRIL 26, 2022
A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints.
Keeping Current Matters
APRIL 26, 2022
If you’re following along with the news today, you’ve likely heard about rising inflation.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
HomeLight
APRIL 29, 2022
When it comes to getting your house ready to sell, Maryland real estate agent Bob Lucido likens it to putting yourself on a dating site. “We want people to fall in love with the house and that starts from the outside, every component,” says Lucido. “First impressions make a ton of impact to a potential buyer, so what we do is critique the exterior thoroughly but don’t overdo it.”.
Housing Wire
APRIL 27, 2022
Michigan-based Flagstar Bancorp , Inc. , parent company of Flagstar Bank , has reduced its mortgage staff by 20% since the calendar turned to 2022, laying off 420 employees amid a significant drop in origination volumes and margins. Overall, the bank’s net income in the first quarter of 2022 dropped 60.4% from the prior quarter, to $53 million.
Keeping Current Matters
APRIL 28, 2022
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market.
The Close
APRIL 25, 2022
New real estate tech companies seem to pop up every single day. With such a crowded marketplace, it’s hard to know which companies are just a flash in the pan and which are ones you should pay attention to. To help you cut through the noise, our team at The Close spent the week at the Inman Connect 2022 conference in New York, talking to literally every real estate tech vendor on the expo floor, choosing our list of new real estate tech companies that we think are going to make a splash this yea
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.
HomeLight
APRIL 29, 2022
What makes a house hard to sell? Whether you’re selling your primary residence, listing a relative’s old home, or cashing out an investment property, you may find that qualities in your property make it difficult to offload. As a result, your home may languish even in a seller’s market, waiting for offers that never seem to come. What are the most common factors that can make a house hard to sell ?
Housing Wire
APRIL 29, 2022
Redfin must revamp its business – including eliminating a minimum home price for service – in order to serve more non-white homebuyers. That was but one prong of a multifaceted agreement that Redfin and 10 different fair housing advocacy groups filed at a Seattle federal courthouse Friday. The deal probably ends a lawsuit that the National Fair Housing Alliance and like-minded groups filed 18 months ago accusing the brokerage and popular real estate listings website of offering services in predo
Keeping Current Matters
APRIL 27, 2022
If you’re in the market to buy a home this season, stick with it.
GeekEstate
APRIL 25, 2022
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: LandOnEarth.]. Location, Location, Location. We hear it all the time in the real estate industry. Where a home is located is the most important factor in its value–both now and in the future. Each person’s personal value of a particular location is dependent on a variety of factors, such as age, interests and profession.
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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.
HomeLight
APRIL 29, 2022
Whether you’re thinking about selling your home, borrowing from your home equity, or canceling private mortgage insurance (PMI) , it’s worth considering how to increase home value for an appraisal. While you can’t control every aspect of how your home is valued, properly preparing for a home appraisal can assist in making sure credit is given where due.
Housing Wire
APRIL 29, 2022
Connecticut-based mortgage servicer and lender Planet Home Lending has entered into an agreement to acquire assets from Homepoint ‘s delegated correspondent channel for $2.5 million in cash, the companies announced on Friday. The move signals Homepoint’s exit from the correspondent channel to focus on wholesale. Homepoint was the 11th biggest residential mortgage lender in the country last year, originating $96 billion in residential mortgages, up 55.2% year-over-year.
Keeping Current Matters
APRIL 29, 2022
Some Highlights. If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house ready to sell, lean on your agent for advice to make sure your house shows well and catches the eyes of more potential buyers.
Maximum Exposure Real Estate
APRIL 27, 2022
Understanding An Earnest Money Refund When you are purchasing real estate, there are quite a few things you need to know. One of those things is whether or not your money is refundable. Many buyers and sellers will ask their respective real estate agents whether the earnest money deposit is refundable. Whether earnest money is […]. The post Who Keeps The Earnest Money When a Sale Falls Through appeared first on Maximum Real Estate Exposure.
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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.
GeekEstate
APRIL 26, 2022
The fifth and sixth event in the GEM Soirée series are coming up. One next week in San Francisco on Cinco de Mayo, followed by an event in Chicago on May 19th. Each an evening to mingle and celebrate the industry’s progress with real estate tech founders, execs, VCs, and practitioners. San Francisco: A gathering at Modernist (a members’ club) on May 5th from 4:30 to 6:30.
Housing Wire
APRIL 29, 2022
Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Some might call Conway, Arkansas, a bedroom community of Little Rock — the state’s capital.
Coldwell Banker
APRIL 29, 2022
Annual Report Reveals Agent Sentiment & Ranks Their Priorities. The post Coldwell Banker Ranked Higher Than Any Other Brand In Agent Satisfaction appeared first on Coldwell Banker Blue Matter.
The Close
APRIL 25, 2022
A free real estate CRM or customer relationship management tool is essential for any new agent looking to close more than one or two transactions a year. Good CRM tools help you organize your contacts, establish a consistent communication plan for each client, and ultimately, close more deals. But most real estate-specific CRMs come with a price tag.
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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.
GeekEstate
APRIL 27, 2022
We have a job opportunity to share from a member of the GEM, Condos.com, a new and pre-construction marketplace: CTO. The opportunity: Job Description – How Will You Make an Impact? Work with our CEO and leadership team to set the technical direction, strategy and execute our roadmap. Drive technical decisions to use modern technology to deliver the product to our customers quickly and efficiently.
Housing Wire
APRIL 28, 2022
Homebuyers can secure a home mortgage using cryptocurrency as collateral through a new partnership between blockchain real estate platform Propy and crypto wallet service Abra. The Abra Borrow platform allows customers to use crypto as collateral to borrow U.S. dollars with flexible repayment terms and interest rates as low as 0%, Propy, a real estate blockchain startup headquartered in Palo Alto, California, said in a release.
Eye on Housing
APRIL 25, 2022
The financial performance of any company is directly linked to the industry environment in which it operates. Factors such as the number and size of its competitors, barriers to enter or exit, capital requirements, economies of scale, or the bargaining power of customers and suppliers all play a role in the potential profitability of a company. Given this reality, one.
Lighter Side of Real Estate
APRIL 26, 2022
If you’ve been thinking about selling and hesitating or simply waiting, you may want to start thinking about how you’ll feel if you miss out on the best time to sell your house in a long time. You never know when (or if) conditions will be like this in the real estate market again. It’s been a sellers’ market for quite some time now, and with rates going up significantly and home prices still historically high, there’s a lot of chatter about whether or not there’s a real estate “bubble” that’s a
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.
HomeLight
APRIL 29, 2022
When it comes to year-round, seasonal sports and outdoor activities, there are few places that can beat Colorado. From world-class ski resorts to scenic trail runs, the state is known for its active lifestyle — attracting residents who want to spend more time exploring the great outdoors. The growing population of Colorado has contributed to the increase in housing costs over the last few years, with the median price of a single-family home rising by almost a third.
Housing Wire
APRIL 28, 2022
After a record breaking year in 2021 , 2022 is off to a slow start for “big four” title insurer First American Financial. The firm generated $2 billion in total revenue during the first quarter of 2022, unchanged from a year ago. Net income, however, was a different story. During the first quarter of 2022 , First American saw $98 million in net income compared to $234 million a year ago.
Eye on Housing
APRIL 27, 2022
The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 65.4% in the first quarter of 2022, which is statistically unchanged from the last quarter reading. The national homeowner vacancy rate slipped to a record low of 0.8%, while the rental vacancy rate increased to 5.8%. The covid-induced data collection restrictions have ended in all areas as.
Sotheby's International Real Estate
APRIL 25, 2022
In a world of greater freedom and flexibility, primary residences have been redefined, along with workplaces and office spaces. So perhaps it’s time to reimagine the pied-à-terre and the possibilities it can hold. In the past, a pied-à-terre was generally a small, functional apartment that gave their owners a home base in the thick of the action—and that action was always happening in the center of the city, whether in the corner office by day or the restaurants and theaters by night.
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.
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