Mon.Apr 24, 2023

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MBA: Lenders shouldn’t be held responsible for appraisers’ actions

Housing Wire

The Mortgage Bankers Association (MBA) filed an amicus brief on Friday in response to the Consumer Financial Protection Bureau (CFPB) and the Department of Justice ‘s interest in determining a liability standard that would apply to lenders in cases of alleged bias by third-party appraisers. The mortgage trade group said it was concerned that the CFPB and DOJ would hold lenders liable for the actions of an appraiser, who is neither an employee nor an agent of the lender, a reference to a ca

Appraisal 410
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Buckle up: More buyers may be on the way

Real Estate News

A new survey from the National Association of Home Builders found a significant increase in the number of adults who plan on buying a home this year.

Buyers 264
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Opinion: tools for landlords to help low-income tenants

Housing Wire

The federal Housing Choice Voucher (HCV) program is a powerful tool to help low-income families find apartments they can afford, but the program isn’t reaching its potential because far too few landlords participate in it. Landlords who refuse to participate cite several reasons, including what they regard as undue regulatory burdens and concerns about tenant “quality.

Landlords 397
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Housing Market Decoded: Low interest rates were a blessing and a curse

Real Estate News

Buyers might long for pandemic-era mortgage rates, but economist Matthew Gardner cautions that the "bad & the ugly" impacts outweighed the good ones.

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UWM moves to dismiss AML’s antitrust claim 

Housing Wire

United Wholesale Mortgage (UWM) has moved to dismiss an amended counterclaim filed by broker shop America’s MoneyLine (AML) that accuses the lender of antitrust practices regarding the “ultimatum” it imposed two years ago. UWM’s motion to dismiss , filed on April 19 in Michigan federal court, states that the dispute is not an antitrust case, as AML claims.

Legal 397
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Redfin closes the door on fully remote work

Real Estate News

CEO Glenn Kelman said working from home isn’t working out for Redfin, which will require HQ employees to spend at least two days a week in the office.

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Here’s every AI platform real estate agents need to know about in 2023

Inman

Tools such as ChatGPT and DALL-E have opened the artificial intelligence floodgates and promise to permanently transform the way agents operate. But there's so much more to explore.

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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

Most Americans believe that homeownership is the cornerstone of the American dream. Studies have shown the emotional and psychological benefits that homeownership has on a person’s health and self-esteem, and that children of homeowners do better in school and have fewer behavior problems. Home equity is also the primary source of wealth for most Americans.

Legal 384
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Lower Rates Spark Housing Demand

Eyes on Housing

The retreat in mortgage interest rates during the first quarter of 2023 (from the 20-year peak reached in the fall of 2022) led a record share of adults in the US – 18 percent – to declare having plans to buy a home within a year – the largest share since the inception of this series in 2018. The finding.

Mortgage 167
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David Lykken to speak at Gathering of Eagles 2023

Housing Wire

To combat margin compression, real estate brokers are adding affiliated services to their bucket of services. But, how you structure those agreements and the partnership you develop can make a big impact on how that service thrives. As an industry leader, maintaining relationships with mortgage and title professionals could take your business to the next level, and mortgage professional David Lykken wants to help you achieve those goals.

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5 make-or-break factors consumers consider when choosing a real estate agent

Inman

A new report by RE/MAX explores what's most important to today’s homebuyers and sellers, from their criteria for choosing a real estate agent to their adaptability for the future. The findings are valuable intelligence for agents and brokers alike.

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Attract More Buyers with Energy Efficient Upgrades

Lamacchia Realty

ATTRACT MORE BUYERS WITH ENERGY EFFICIENT UPGRADES With monthly utility bills being a nagging cost all year long for homeowners, home buyers are more aware than ever about energy-efficient features within prospective homes. If a home buyer is looking at your house and comparing it to others, having the edge on energy efficiency can be the difference that makes your home the better option.

Buyers 66
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The call of the wild: Why agents are thriving in remote markets

Inman

When talking about luxury vacation homes, locations such as Wyoming's Teton County and Montana’s Bitterroot Valley may not be the first markets that come to mind, but there’s great value in hidden gems.

Marketing 158
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Dallas Real Estate Market: Prices & Trends In 2023

BiggerPockets

Dallas is a robust market that's been stacking up well against the national correction. Should this be the next market you invest in?

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The secrets to growth through mergers and acquisition

Inman

Orhan Tolu went from 12 affiliated agents and the potential collapse of the industry, to almost 2000 full and part-time affiliated agents and continues to expand. Here's how he did it — with help from CENTURY 21.

Agents 153
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Find High-Income Properties for Maximum Returns

Mashvisor

High income properties attract more real estate investors, whether they’re new or experienced ones, because of their income-generating potential.

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4 questions to ask if you’re considering a change

Inman

As we move into a slower market, it’s critical to have the support of the best possible real estate company behind you. If you’re not sure that yours delivers and you’re exploring your options, make sure to ask these four questions of any potential new brokerage.

Brokerage 153
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$0 Down Deals, 3% Interest Rates, and Insane Property Purchases

BiggerPockets

When you think of creative finance, you think of Pace Morby. He didn’t invent creative finance, seller financing, or subject to investing.

Finance 76
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Why Inman Connect Las Vegas will be the highest and best use of your time

Inman

Remember when all we could talk about was inventory? Now AI is changing the way we work on a moment by moment basis. Interest rates are changing the way buyers approach the market. And headcounts are in flux as tech companies find a way forward. That’s why Inman Connect Las Vegas is more important than ever.

Inventory 158
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Mortgage Automator Review

Mortgagebroker News

Mortgage Automator is loan origination and servicing software that can help save you time so that you can focus on growth.

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Agents tell hoarder horror stories: ‘The sheriff couldn’t even go in’

Inman

From towering garbage to high-level stench, agents told Inman their most traumatic tales from clutter-inclined clients following the discovery of a home filled with "millions" in old comic books.

Agents 148
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Can land be worthless, or worse?

Town & Country Residential Appraisals

Some of our readers from areas where a residential lot can sell for $100,000 will find this question unthinkable. Even in those areas, they may know of “brownfields,” or areas that have been contaminated. Sadly, from my desk, I’m within miles of two such sites, but that isn’t the subject of our topic today. Today I want to introduce you to the historic building in Oklahoma Borough just outside of Apollo Pennsylvania, the Belvedere Hotel (on the left in the postcard above).

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The agent’s guide to finding a niche (and marketing the hell out of it)

Inman

If you want to develop deeper, more meaningful connections with leads and clients, you need to focus on who they really are and what they're looking for.

Clients 153
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Thryv Review

Mortgagebroker News

If you are a small business owner and need all-in-one management software, we have good news for you.

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What to expect at Corcoran’s conference in Nashville this week

Inman

As Corcoran celebrates its 50th anniversary at BeCorcoran this year, agents can expect compelling keynotes, market advice, branding and marketing tips, networking opportunities and more.

Agents 148
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Salesforce Sales Cloud Review

Mortgagebroker News

Salesforce Sales Cloud can help your mortgage brokerage better connect with potential home buyers.

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LandOnEarth integrates ChatGPT to match buyers with lifestyles

Inman

The integration intends to enhance the accuracy of its HomeMatch algorithm, which is driven by a series of user prompts instead of the traditional "filter-and-find" methodology, the company says.

Buyers 147
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Avison Young: Ottawa office market labouring under extreme pressures

Mortgagebroker News

Market deceleration was especially apparent during the second half of 2022, new report says

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WATCH: Vaquero Capital’s Dominic Chan on the future of proptech

Inman

This week, tune in to hear from proptech power player Dominic Chan as he breaks down the impact of proptech on the industry and the benefits it offers in today’s economy.

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Jungo Review

Mortgagebroker News

Jungo is a mortgage industry-specific CRM system that can help bring your company to the next level.

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The real estate agent’s guide to marketing with Instagram

Inman

As the most user-friendly and visually focused social media platform, using Instagram effectively is a must for your marketing.

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Mortgage veteran on how building a strong team paved the way to success

Mortgagebroker News

Each member of an organization is a vital contributor to success, broker says

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How do you switch to a new type of Instagram account?

Inman

Once you've decided on the type of Instagram account you need, this video will help you make the switch from one to another.

Agents 153
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Insightly Review

Mortgagebroker News

Insightly will help you track the progress of your team—and business.