Mon.Mar 20, 2023

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Opinion: Stop speaking mortgage to your clients

Housing Wire

Imagine if you can: It is Friday. You are out to dinner. You have looked forward to this night out since Monday. The hostess greets you with the following: “Good evening. I need to let you know that some of our BOH are absent. We 86’d a third of the menu in order to not mispack anything. To reduce the number of one-stars, all of our dishes will be served SOS.

Clients 383
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Industry Decoded: The answer to brokerage growth? It’s no longer 'add agents'

Real Estate News

Realtor membership went up a stunning 60% over the past decade, but declines are coming. It's time to talk about how to support the agents who stick around.

Agents 268
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LendingPad integrates with mortgage marketing provider Aduvo

Housing Wire

Cloud-based loan origination system LendingPad has integrated with Aduvo, which provides mortgage marketing automation solutions. “In planning for the launch of Aduvo, our team knew that a partnership with LendingPad would be a strategic move for our company,” said Aduvo founder Josh Bopp in a prepared statement. Users can choose to sign up with Aduvo, and in turn, use its solutions to automate manual communications, like loan status alert emails or text messages, marketing messages , and lead n

Marketing 370
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Kamini Lane takes on top role at Coldwell Banker

Real Estate News

Lane, previously brokerage president of Sotheby's Realty, steps into the role vacated by Ryan Gorman in December.

Realty 276
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Flagstar acquires $38B in assets, assumes $34B deposits from Signature

Housing Wire

Flagstar Bank , a top-20 U.S. mortgage lender owned by New York Community Bancorp, announced on Sunday that it has assumed most deposits and acquired certain assets, business lines and liabilities of Signature Bridge Bank, N.A. from the Federal Deposit Insurance Corporation (FDIC). Signature Bank, a New York-based large multifamily lender that disastrously bet big on crypto , collapsed last week after lacking liquidity amid a deposit run.

Lending 370
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Smaller homes in demand as affordability stymies buyers

Real Estate News

Zillow research found that homes with the smallest footprints have seen a higher rate of price growth and an annual decline in inventory.

Buyers 237

More Trending

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Kamini Lane named president and CEO of Coldwell Banker Realty

Inman

Lane's appointment comes after M. Ryan Gorman's abrupt ouster as CEO in December. The brand also announced that Liz Gehringer would take on an expanded role as president and CEO of Anywhere Franchise Brands, the company exclusively told Inman.

Realty 155
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Frontwave integrates the Black Knight digital ecosystem

Housing Wire

Black Knight, Inc. on Monday announced that Frontwave Credit Union will now implement Empower, Black Knight’s cloud-based loan origination system, and its integrated solutions, for the expansion of its mortgage lending operations. The integration with Black Knight’s digital ecosystem will give Frontwave access to technology, data and analytics solutions.

Tools 370
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Fill your pipeline with this AI tool

Inman

Recently, LocalizeOS CEO Omer Granot sat down with Inman’s tech columnist Craig Rowe to demonstrate how the hunter AI solution helps agents, teams, and brokerages achieve more.

Tools 148
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Households Priced Out by Higher Interest Rates

Eyes on Housing

New NAHB 2023 Priced-Out Estimates show that 96.5 million households are not able to afford a median priced new home, and that additional 140,436 households would be priced out of the new home market if the price goes up by $1,000. This post presents details regarding how interest rates affect the number of households that could be priced out of.

Marketing 145
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5 inspiring home staging trends for spring

Inman

Rather than viewing it as an obligation, staging should be seen as an opportunity to be your most creative, inspired, and visionary self as you help your sellers wow potential buyers.

Sellers 148
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New to Gathering of Eagles? Here’s what you need to know

Housing Wire

If you’ve never attended Gathering of Eagles before, 2023 is your year to come forge opportunities with us and all your fellow colleagues in the real estate industry. Gathering of Eagles kicks off on June 18 in Austin, Texas. This conference brings together leaders from across the housing industry. Attendees will learn about trends in real estate, best leadership practices and future opportunities in the space.

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The tug-of-war between millennials and boomers heats up this spring

Inman

Five real estate experts explain how rising mortgage rates, inflation and economic uncertainty could impact baby boomers and millennials this spring and how both groups can succeed in the short and long term.

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Hotels vs Airbnb in the US: Which Do Travelers Prefer in 2023?

Mashvisor

In the US, travelers have had the option of picking between hotels vs Airbnb for their travel accommodations for more than ten years and counting.

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Collabra launches ‘Credit Karma for real estate’ social media tool

Inman

"SphereBuilder" is designed to help real estate professionals figure out if their social media marketing is effective. The first tool will roll out in Denver, Colorado, and Huntsville, Alabama, the company said.

Tools 148
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Spring Cleaning That Can Add Value

Town & Country Residential Appraisals

It’s that time of year when spring cleaning gets added to your “To Do” list. Here are some tips that can help not only freshen your home but add some value. If you are looking to sell soon, these ideas will make your home more marketable. Declutter- A clean and organized home looks more valuable and appealing to potential buyers. Start by decluttering your home and getting rid of any items that are no longer needed.

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Credit Suisse acquired by rival UBS in biggest bank merger since 2008

Inman

The acquisition by UBS, one of the largest real estate asset managers in the world, is intended to help contain the crisis of confidence spreading across international financial markets.

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Can Money Be Saved Selling By Owner?

Hank Miller Team

Selling your home by owner, also known as For Sale By Owner (FSBO), is appealing to some in this exceptionally robust market. Not dealing with agents is nice, but can money be saved selling a home by owner? About 7 of homes nationally sold without a listing agent, of those over half were between parties that already had the transaction arranged. Data shows that around 25 of FSBOs don't sell; and for those that do, they sell between 6-26 less than agent assisted homes.

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Generate leads 24/7: How to build your website with your expertise

Inman

When you’re putting together your website, every word counts. In Part 1 of our five-part content marketing game plan, Christy Murdock shows you how to ensure that your site is communicating effectively on your behalf.

Marketing 147
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A conversation about the risks of repurchases

Valuation Review

A look at repurchases, and the risks involved.

78
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Long & Foster co-founder P. Wesley ‘Wes’ Foster Jr., dies at 89

Inman

The brokerage Foster co-founded with Hank Long became known as a giant independent firm across the Mid-Atlantic region, and a pioneer of the "one-stop-shop" brokerage model.

Brokerage 148
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NFHA commends HUD’s FHA reduction

Valuation Review

NFHA recently issued a statement following a HUD announcement on the reducing FHA premiums.

60
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Flagstar Bank takes over Signature Bank’s retail branches

Inman

The $2.7 billion deal does not include about $4 billion in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp.

Retail 147
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Ohio man files federal complaint alleging racial discrimination in property appraisal

Valuation Review

Ohio man files suit for racial discrimination regarding low appraisal.

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QUIZ: Who’s your perfect client?

Inman

Zeroing in on your ideal client, and determining how to help them, will allow you to develop better marketing strategies and make you more effective once you’ve connected.

Clients 148
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1031 Exchange Houston Explained

Houston Properties

See a complete breakdown of Houston's 1031 Tax Exchange and get tax benefits.

69
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Guild’s McGarry will hand CEO reins to Terry Schmidt, her 1st hire

Inman

Terry Schmidt was Mary Ann McGarry's first hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich.

Mortgage 148
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Opteon announces appraisal expansion

Valuation Review

Opteon announces expansion of its direct-to-consumer business model.

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JPAR agents to benefit from insurance integration with Bubble

Inman

Bubble, the technology-blended insurance brokerage, provides clients of JPAR with a web-based series of solutions for home, auto and life insurance.

Insurance 148
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CoreLogic: Delinquency numbers continue to drop

Valuation Review

CoreLogic's LPI report announces December delinquency numbers.

60
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Adfenix rebrands as Realforce to meet agent marketing needs

Inman

A real estate branding and advertising company based in Sweden has rebranded from Adfenix to Realforce to match growing service offerings.

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Canadian mortgage market: How will it play out in the coming months?

Mortgagebroker News

Recent weeks have seen a series of big developments in the market outlook

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CHALLENGE: Make your social media look flawless in 7 days

Inman

Enhance, optimize and fine-tune your online presence in seven days using this social media refresh checklist for real estate.

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Multi-awarded Saskatoon agent charged with mortgage fraud

Mortgagebroker News

Former realtor allegedly involved multiple financial institutions in an extensive scheme

Agents 64