Mon.Apr 10, 2023

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Now is the time to cultivate strong borrower-lender relationships

Housing Wire

HousingWire recently spoke with Dustin Gray, CEO of Milestones Labs , about the importance of the borrower relationship and how Milestones Labs helps mortgage providers build lasting relationships with their borrowers. HousingWire: How has the current market affected the way lenders approach customer relationships? Dustin Gray: You don’t have to be an economist to know it’s a challenging time to buy a home or get a loan.

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Hot or not: Where the market is going this summer and beyond

Real Estate News

With inventory low and interest rates elevated, economists don’t expect to see activity pick up until later in the year.

Inventory 255
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Rate lock volume jumps 43%, reflecting a rate-sensitive market

Housing Wire

Rate lock volume jumped 43% in March on the back of seasonal tailwinds, falling interest rates and stronger purchase market performance. Lock volumes increased across the board, led by purchase locks jumping 44% in March — well above the 30% average February to March gain seen across the past 5 years, Black Knight ’s originations market monitor report showed.

Marketing 367
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Refining an iconic legacy brand: a Q&A with Katelyn Castellano

Inman

As iconic brokerage Engel & Völkers embarks on an identity refresh, this marketing leader shares her insights on the process, and what others can learn.

Brokerage 176
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Why lenders should be asking for a title check at loan application

Housing Wire

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. As a follow-up, HousingWire sat down with Peter Richter, co-founder and president at Flueid, to discuss why mortgage lenders should be asking for a quick, data-driven title check at loan application, rather than an instant title commitment, to understand and verify what’s going on with a property and consumer from the start.

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5 power practices every successful real estate entrepreneur needs to know

Inman

Utilizing power practices and tools derived from the realms of positive psychology, neuroscience, and holistic wellness, you can lay the foundation for a successful career as well as a joyful and meaningful life.

More Trending

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The chatbot revolution has begun. Here’s what agents need to know

Inman

Tools such as ChatGPT and Bard are brand new but already revolutionizing online content and the real estate industry. Scroll through Inman's latest handbook to get the lowdown.

Agents 155
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Sale Price vs Appraised Value Disconnect

Appraiserblogs

How can it be said that valuing a property lower than its eventual sale price based on current market evidence is tantamount to BIAS? The article titled “FHFA Data Fueling Looks into Appraisal Bias” was in the Inside Mortgage Finance Publications e-newsletter on 4/06/23. The Federal Housing Finance Agency is a is a critical provider of the data necessary for oversight, enforcement and research, FHFA Director Sandra Thompson noted during a discussion in late March.

Appraisal 119
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Allowing pets in your rental units: Pros and cons

Inman

There are many benefits and risks to consider before listing your property. If you’re on the fence about whether or not to allow pets in your rental units, here are the factors you should consider.

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How Accountants Can Leverage Technology for a Better Tax Season

GoForrmz

Make your accountants’ lives easier this tax season with technology Tax season is back, and accountants are buried in paperwork once again. But fortunately, there’s a way out! Advances in technology have made it easier than ever for accountants to improve their productivity and lighten their workload. In this blog post, we’ll cover a few ways that accountants can use technology to make their lives easier this tax season.

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How to make a killer first impression with your Instagram bio

Inman

Social media strategist Katie Lance sheds light on the power of Instagram for real estate agents and how to curate the perfect bio to showcase your business and let your profile shine.

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WelcomeHome Software releases sales trends in senior housing

Valuation Review

WelcomeHome Software recently announced the release of its first “Year in Review.

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EXp Realty names Carolyn Merchant as new CMO

Inman

Toronto-based marketing executive Carolyn Merchant is eXp's newest chief marketing officer. Merchant joined the company in January 2022 as the vice president of brand and communications.

Realty 149
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Wine, golf and social receptions await at Gathering of Eagles 2023

Housing Wire

There are endless panels and speakers at Gathering of Eagles 2023. Attendees can gain essential knowledge for their business and forge new opportunities in the heart of Texas Hill Country. But, it isn’t all lessons and analysis at Gathering of Eagles. This year we are pleased to present several networking events and receptions so attendees can work hard and play hard.

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Zillow unveils affordability tool that prioritizes buyers’ monthly budget

Inman

Announced on Monday, the new filter enables users to search for homes within a range of monthly mortgage payment prices that fit their budget, instead of just listing prices.

Tools 150
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9 Reasons Why You Should Sell Your Home This Spring

Lamacchia Realty

9 REASONS WHY YOU SHOULD SELL YOUR HOME THIS SPRING Spring is a season that’s full of energy and activity, making it the perfect time to consider moving to a new location. If you’re thinking about relocating, then springtime should be at the top of your list. It’s an opportunity to embrace change and start fresh in a new home. The first step, of course, is to sell your current home!

Sellers 67
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7 new markets can use Listing Media Services

Inman

ShowingTime+ has again broadened the availability of its agent-focused Listing Media Services in Austin, Philadelphia, Indianapolis, Minneapolis, Las Vegas, Sacramento and Sarasota.

Marketing 145
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Which Is Better: Airbnb Smart Pricing or Mashvisor Dynamic Pricing?

Mashvisor

Let’s see if you should turn on Airbnb Smart Pricing or if Mashvisor’s Dynamic Pricing would be a better fit for your smart pricing strategy.

Tools 69
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On its mission to humanize real estate, this top brokerage uses new AI solution

Inman

Hunter is a valuable solution to stay in front of these contacts, keeping them abreast of the market inventory — agents would never have been able to manage that volume or keep in touch with all of them at once.

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Great news! No need for an appraisal. Or is it really??

Town & Country Residential Appraisals

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. Click on this link to view the actual document as released by Fannie Mae on March 1, 2023 [link] They have changed the term “Appraisal Waiver” to “Value Acceptance”.

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These 4 strategies will help you develop a billion-dollar mindset

Inman

According to broker-owner Bonneau Ansley, high-performing pros need to consistently strengthen their mindsets, because the biggest obstacle anyone will face is the one between their ears.

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Appraisal program addresses overvaluation, undervaluation

Valuation Review

R3 AMC CEO Brent Jones discusses appraisal program.

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6 ways to optimize your listing images

Inman

The quality of listing images can have a powerful impact on the immediacy and quantity of inquiries — not to mention the value of those initial offers.

Realty 155
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Data error may be to blame for erroneous tax delinquency notices

Valuation Review

Cook County (Illinois) reported thousands of homeowners received erroneous tax delinquency notices.

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Fractional leads in community-based real estate investing: Tech Review

Inman

Fractional and its users find investment properties, create public proposals for like-minded group members and assemble a team of investors to purchase them.

Investing 142
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DOJ, CFPB release statement on appraisal discrimination case

Valuation Review

The Justice Department, CFPB file statement regarding Fair Housing Act.

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Poll shows most Americans still think it’s a bad time to buy

Inman

Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs.

Mortgage 145
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Is Seattle A Good Market For Real Estate Investing? Here’s The Latest Trends

BiggerPockets

Let’s face it, Seattle isn’t about to land itself on any hottest lists of affordable places to invest any time soon.

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CHECKLIST: Daily, weekly, monthly and annual metrics to check

Inman

Move from surviving to thriving when you track these meaningful metrics and stay on top of the numbers that matter.

Agents 152
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nesto's new report unveils insights on Canadian housing market

Mortgagebroker News

Recent report analyzes impact of inflation, interest rates, and housing inventory on real estate

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California’s shared appreciation loan program out of money

Inman

$300 million in seed funding for CalHFA's "Dream For All" program is gone less than two weeks after it launched. The program is expected to help 2,300 first-time homebuyers.

Tools 116
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Will the Bank of Canada introduce a rate change this week?

Mortgagebroker News

The central bank's next rate announcement is scheduled for April 12

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Where is the best state to operate your small business?

Valuation Review

The best state locations for businesses revealed.

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Alternative and private markets: What challenges are borrowers facing?

Mortgagebroker News

The current lending climate is presenting its fair share of issues

Lending 67