Housing Wire

NOVEMBER 28, 2022

Economic reports over the Thanksgiving holiday paint a complicated picture of what’s happening, and where we are on recession watch. The big economic surprise was the strength of Black Friday sales, where consumers spent a record $9.12 billion online. Another surprise was the Atlanta Fed’s forecast of 4.3% GDP growth in the fourth quarter, since the Atlanta Fed data was used by many to say that the U.S. went into a recession earlier in the year.

Mortgages 537

Mortgages Construction As-is Sales 537

Agent Drive

DECEMBER 1, 2022

Today, most agents dismiss open houses as ineffective. Who cares about open houses when all the information is on tap away, right from your phone. Naturally, agents are thinking of abandoning this idea. But could it be a premature assumption to make? And what if you can harness the power of the world’s most popular social media […]. The post 3 Easy Ways to Promote Open Houses on Facebook appeared first on AgentDrive.

Agents 98

Agents As-is Marketing 98

The Close

DECEMBER 1, 2022

A comparative market analysis (CMA) determines the market value of a property by comparing it to similar properties that have recently sold, as well as to those currently listed for sale. A CMA is a crucial tool for listing agents determining the right sale price for a property. It’s also a tool for buyer’s agents advising their clients to make competitive offers.

Marketing 105

Marketing MLS Days on market Sales 105

Eye on Housing

NOVEMBER 29, 2022

Home prices declined for the third straight month in September as the housing market continues to cool. In September, all 20 metro areas experienced negative home price appreciation. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, fell at a seasonally adjusted annual growth rate of 8.7% in September, following a 6.4% decline in.

Marketing 119

Marketing Construction 119

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

Realty Biz

NOVEMBER 28, 2022

Take a moment to consider where the online marketing world is at today for real estate. Much of the older generation continue struggling with social media marketing while the millennial generation insists businesses first build a relationship before trying to make a sale (or real estate purchase). The older generation came of age in the non-digital world.

Marketing 111

Marketing Branding Banks As-is 111

BubbleInfo

NOVEMBER 30, 2022

This isn’t exactly new news – most prognosticators figured the Fed would only raise their rate by 0.5% in December, instead of the 3/4% hikes recently – but the stock market liked it (up 628) and the 10-year yield dropped a tenth. All we need is mortgage rates to be in the 5s for selling […].

Mortgages 94

Mortgages Marketing Loans 94

HomeLight

DECEMBER 1, 2022

As agents, you’re expected to know the latest real estate industry trends. But staying on top of social media trends is a different story. Social media is undoubtedly a valuable tool to help grow your business. But to reap the benefits, it’s important to know what and how you should post because things are changing fast for 2023. And with so many platforms around, it’s a challenge to keep abreast of all the changes that are critical to your social media success.

Technology 105

Technology Agents As-is Industrial 105

Lighter Side of Real Estate

NOVEMBER 28, 2022

Some people manage to find the discipline and work-life balance to achieve an envious physique, but most people are too busy with work and responsibilities at home to be able to pull it off. While it may seem like real estate agents have plenty of time and flexibility in their schedule to easily join the ranks of the fittest folks on earth, time and fitness are just as elusive to them as anyone else.

Agents 97

Agents As-is 97

Mandrona Group

DECEMBER 1, 2022

When you decide to put your home on the market, you want to put your best foot forward in preparing. Read More.

Renovation 111

Renovation Marketing 111

Housing Wire

DECEMBER 1, 2022

Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. “Smart home technology, whether it be keyless entry locks, smart thermostats or leak sensors, these are all things that, five or six years ago, were still pretty new to the marketplace,” said Andre Sanchez, COO of Rently, a smart home and self-guided touring solutions provider.

Technology 543

Technology Marketing Property Management Investor 543

Advertisement

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.

Brokerage

Keeping Current Matters

DECEMBER 2, 2022

Some Highlights. As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. Connect with a trusted real estate professional for advice on what you may want to do to get your house ready to sell this season.

285

285

Maximum Exposure Real Estate

NOVEMBER 30, 2022

Signs Roofing Replacement is Necessary One of the questions that any homeowner should be asking themselves if they have a roof that is getting up in age is, “how do I know if replacement roofing is necessary? For obvious reasons, your roof is one of the most essential parts of your home. Without it, you […]. The post Replacement Roofing: Warning Signs You Need a New Roof appeared first on Maximum Real Estate Exposure.

Marketing 144

Marketing 144

Sotheby's International Real Estate

DECEMBER 2, 2022

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. San Francisco, California | Sotheby’s International Realty – San Franciasco Brokerage. The “grand-scaled” mansion is located on tree-lined street in Presidio Heights. 100-Year-Old San Francisco Home Lists for $11.35 Million – Mansion Global.

Land 137

Land Brokerage Sales 137

Housing Wire

DECEMBER 2, 2022

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. The honey badger labor market is still going strong as we got another solid jobs report Friday, which pushed bond yields higher at first. However, the way the day ended showed that change is coming. We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look diffe

Marketing 518

Marketing Mortgages As-is Staging 518

Advertisement

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

Keeping Current Matters

NOVEMBER 30, 2022

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008.

Marketing 253

Marketing 253

Maximum Exposure Real Estate

DECEMBER 2, 2022

Preparation For Getting a Home Loan Are you looking at how to get a mortgage? If so, thinking about owning your first place is probably exciting. Buying a house is big deal. How to prepare to get a mortgage is something every buyer should think about well before making a home purchase! One of the […]. The post Tips on How to Get a Home Mortgage Loan appeared first on Maximum Real Estate Exposure.

Loans 144

Loans Mortgages 144

Eye on Housing

DECEMBER 1, 2022

Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that the multifamily market remained strong during the second quarter of 2022 due to high demand. With low single-family housing supply and increased unaffordability of for-sale housing, many would-be buyers have turned to or remained in the multifamily rental market.

Sales 126

Sales Marketing 126

Housing Wire

DECEMBER 1, 2022

Wells Fargo , the largest depository mortgage lender in America, cut hundreds of home lending jobs across the country on Thursday. Bloomberg first reported the news of the layoff, which is just the latest round of cuts for a lender that’s been open about its retreat from the upper echelon of the mortgage rankings. The company declined to state how many jobs were shed on Thursday.

Mortgages 448

Mortgages Lending Banks Investor 448

Advertisement

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

Keeping Current Matters

NOVEMBER 29, 2022

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments.

Equity 246

Equity Mortgages Marketing 246

Maximum Exposure Real Estate

NOVEMBER 29, 2022

How to Sell a House With Mold I am selling my home and found mold! Now what? What to do about selling a house with mold is a question real estate agents get quite a bit. The potential is there for mold to be found in almost every home. Where there is any amount of […]. The post Selling A House With Mold: What Does Black Mold Look Like? appeared first on Maximum Real Estate Exposure.

Agents 138

Agents Inspection Marketing 138

Realtor.com

DECEMBER 2, 2022

Getty Images There are a variety of reasons many homebuyers prefer purchasing a brand-new home instead of an older home. Some love the idea of moving into a home that’s never been lived in by anyone else. (Think of that crowd as the “new-car smell” aficionados of homeownership.) Others relish the opportunity to put their personal stamp on a home—tailoring the model, layout, and finishes to their particular tastes.

Branding 122

Branding Inspection New Construction Construction 122

Housing Wire

DECEMBER 2, 2022

Defying economists’ expectations, job growth remained strong in November. Total nonfarm payroll employment rose by 263,000 jobs from October , according to data released Friday by the Bureau of Labor Statistics. So far this year, monthly job growth has averaged 392,000, down from an average of 562,000 per month in 2021. Even as the number of jobs continued to rise in November, unemployment remained unchanged from a month prior, holding steady at 3.7%, with 6.0 million persons unemployed.

Residential 448

Residential Construction Lending Industrial 448

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

Keeping Current Matters

NOVEMBER 28, 2022

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait.

Marketing 288

Marketing 288

Maximum Exposure Real Estate

NOVEMBER 29, 2022

Top Questions to Ask When Buying a Condominium. The questions to ask when buying a condo found below are something every buyer should consider when purchasing this type of housing. I would be willing to bet that many of these questions are topics that many buyers would have ever thought to ask. Purchasing a condominium […]. The post Questions To Ask Before Buying A Condominium appeared first on Maximum Real Estate Exposure.

137

137

Realtor.com

NOVEMBER 30, 2022

Photo-Illustration by Realtor.com / Getty Images (4) It’s safe to say we’ve never encountered a housing market nearly as unpredictable as the one we’re in right now. After months of navigating wild fluctuations, homebuyers, sellers, owners, and renters are now desperately trying to read the tea leaves to figure out where real estate prices, inventories, sales, and mortgage rates are going in the coming year.

Mortgages 122

Mortgages New Construction Construction Sales 122

Housing Wire

DECEMBER 1, 2022

Austin fintech startup Hitch has rolled out a HELOC platform to help homeowners tap into more than $100 billion in government grants available for home renovation. Established at the start of 2022, Hitch will give qualified owners access to up to 90% of the equity locked in their homes, the company said Thursday. One of the biggest benefits for Hitch users is speed, the company said.

Equity 464

Equity Renovation Banks Loans 464

Advertisement

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.

Agents

Keeping Current Matters

DECEMBER 1, 2022

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead.

Marketing 285

Marketing 285

Maximum Exposure Real Estate

NOVEMBER 29, 2022

What is an Expired MLS Listing? Have you heard a real estate agent reference an expired listing? You probably wondered what it meant. Expired listings happen when there is no success in selling, and they fall out of the Multiple Listing Service. You will likely sign an exclusive right-to-sell listing agreement when you sell your […]. The post Expired MLS Listing in Real Estate Explained appeared first on Maximum Real Estate Exposure.

MLS 128

MLS Agents Marketing 128

Realtor.com

NOVEMBER 28, 2022

pawel.gaul/iStock The annual percentage rate, or APR, is how much you’ll pay in interest and other fees when borrowing money (e.g., when you get a mortgage loan or a credit card). APR can also be considered the total cost for borrowing money over a one-year period. The “and other fees” clause is key here. When home buyers get a loan, they often obsess over the annual rate alone—say, that 5% extra you’ll pay every year for the life of your $300,000 loan.

Closing costs 122

Closing costs Title search Fixed-rate mortgage Loans 122

Housing Wire

NOVEMBER 28, 2022

JPMorgan Chase will soon be issuing its first non-prime MBS secured exclusively by investor loans that are underwritten based on rental income. JPMorgan Mortgage Trust 2022-DSC1 is secured by 980 debt service coverage ratio (DSCR) loans with a balance of $308.2 million, according to a Kroll Bond Rating Agency presale report. The collateral has seasoned for just under 12 months, the report says.

Pre-qualification 435

Pre-qualification Due diligence Investor Loans 435

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