Mon.May 15, 2023

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Enhancing the wholesale broker experience: Key challenges and solutions

Housing Wire

HousingWire recently spoke with Aaron Drago, chief operating officer of Deephaven Mortgage, about the wholesale broker experience and how it can be improved. HousingWire: What are the current challenges wholesale brokers face? Aaron Drago: In today’s market, wholesale brokers face several challenges. Not only are they navigating a market that continues to bring changes and fluctuations, but they are also challenged with the need to interact with multiple different companies and platforms.

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Agents Decoded: How to avoid falling victim to scams

Real Estate News

Shady lenders and vendors make big promises that are often too good to be true. Learn how to vet them, and how to spot red flags.

Agents 270
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New report shows who took advantage of the Covid refi boom

Housing Wire

The U.S. mortgage market faced a new “ refinance boom” when mortgage rates declined by nearly 200 basis points between November 2018 and November 2020, following the Federal Reserve rate cuts that were made to remedy the economic impacts of the Covid-19 pandemic. Researchers at the Federal Reserve Bank of New York estimate the size of this boom in a new report.

Mortgage 381
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Teams on the Move: Real and Compass gain high-volume teams

Real Estate News

The Speicher Group, with $1 billion in total sales, has joined Real, while Aaron Seawood's luxury Team Carte Blanche returns to Compass.

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How the Women of Influence found success

Housing Wire

The HousingWire award spotlight series highlights the individuals who have been previously recognized by the HW Editors’ Choice Awards. N ominations for HousingWire’s Women of Influence award are open now through Friday, May 19, 2023. Click here to nominate a female leader in the industry — a client, colleague, boss or friend — it can even be you! This is the last week to nominate a female leader in housing for the 2023 HousingWire Women of Influence award!

Legal 370
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Big drops in inventory thwart California buyers

Real Estate News

California homebuyers are experiencing the worst situation in the country when it comes to new home listings.

Inventory 259

More Trending

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The New & Improved Fannie Mae “FRAUDULATOR 2.0”

Appraiserblogs

Originally known as Fannie Mae’s Collateral Underwriter (CU), and subsequently Collateral Underwriter 2.0 (CU-2)i this always dubious product of Fannie Mae is increasingly being referred to by some, if not many American Appraisers as The Fraudulator / Underwriter 2.0 (FU-2). To be clear it is not limited to the Collateral Underwriter (CU & CU-2) software.

Valuation 140
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Buyers will face a 271% premium for beach views in this Florida city

Inman

Tequesta, Florida, the northernmost town in the Miami metro area, commands the highest beach-view property premium compared to non-beach-view homes in the area, out of all U.S. coastal towns analyzed by Casago.

Buyers 160
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6 Factors That Impact a Home’s Appraised Value

Kairos Appraisal Services

Are you ready to put your house on the market and sell your home? You may wonder how your real estate agent arrived at a sales price and what factors influence your home’s appraised value. Whether you are delightfully surprised or disappointed in the pricing recommendation, it’s helpful to understand how homes are valued. While… The post 6 Factors That Impact a Home’s Appraised Value appeared first on Kairos.

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Submissions open for 5th annual NAR startup Pitch Battle

Inman

The Pitch Battle offers real estate technology startups the opportunity to showcase their tech to industry-leading investors for the chance to win $15,000.

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[Video] Customer Story: OKC Speech, LLC

GoForrmz

“ GoFormz has definitely made my life so much easier. ” — Cara Barber, Chief Financial Officer, OKC Speech, LLC About OKC Speech, LLC OKC Speech is a private practice that specializes in pediatric speech, occupational, and physical therapy. Their goal is to assist children in achieving their highest level of communication and developmental potential.

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Freddie Mac spotlights lenders for promoting affordable loans

Inman

UWM, Rocket and Fairway were enthusiastic backers of Freddie Mac's Home Possible mortgage in 2022, which lets low-income homebuyers put as little as 3 percent down.

Mortgage 154
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Educator says appraisers play crucial role in economy

Valuation Review

Economist gives economic outlook at appraisal conference.

Appraisal 134
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What do 8 out of 10 homeowners want their agents to know?

Inman

Not only are there a lot of moving parts, but selling a home can also require a lot of preparation. As an agent, it is your job to help sellers navigate this process, but to help, it pays to know what they are thinking.

Agents 148
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STRATMOR Group: Mortgage lenders should consider home equity products

Valuation Review

STRATMOR Group’s April Insights Report has suggestions for lenders.

Mortgage 113
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Transform your vision into a reality with Dana Cadena’s 2 useful tools

Inman

Watch Dana Cadena’s Inman Access class to better visualize your future and create an actionable plan with tools designed to help impact your bottom line and find success in today’s market.

Tools 148
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15 Costs to Consider When Starting an Appraisal Business

McKissock

Thinking about starting an appraisal business? If you’re already a fully licensed and accredited real estate appraiser, chances are you have already been working with a more experienced appraiser. Perhaps you’re taking over that business because your mentor is retiring; maybe you’re relocating to another market; maybe you’re starting a competing firm.

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Inman survey reveals proptech’s biggest draw is as agent support

Inman

Inman's research arm, Intel, sought to gauge how agents, CEOs and entrepreneurs are harnessing a growing arsenal of tools in their quest to conquer everything from recruitment to notarization.

Agents 148
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Tampa Real Estate Market: Prices & Trends In 2023

BiggerPockets

Tampa's housing market is hot. No pun intended, although it literally is pretty hot. Either way, here's what you need to know about it.

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Realtor.com chief brushes off major Q1 drop in traffic

Inman

David Doctorow attributed Realtor.com's reduced traffic to a slower market and argued that his company's sites have superior engagement than competitors.

Marketing 160
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These Are The Top 20 Up-And-Coming Real Estate Markets This Spring

BiggerPockets

The latest data from the Emerging Housing Markets Index is out. Here are the markets that made the top 20 list.

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Are you more honest than a used car salesman?

Inman

You’ve heard the analogy used a million times, but is it accurate? Broker Troy Palmquist examines the very real differences between real estate agents and car salespeople.

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Lamacchia Realty to Compete in 2023 Boston Children’s Hospital Corporate Cup

Lamacchia Realty

Lamacchia Realty is proud to once again compete in the Boston Children’s Hospital Corporate Cup! Boston Children’s Hospital started this fundraising initiative in 2016, having major companies in New England enter with teams of twenty people to compete in various athletic activities throughout the day with the intent of raising money for the Children’s Hospital Trust.

Realty 68
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9 Instagram mistakes that make you look unprofessional

Inman

If you want to stand out on Instagram, the things you do matter, writes Laura Viñalet, all the way from the content you choose to the follow-up analytics you evaluate.

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Explosive Growth Could Be in Store for These Two Real Estate Markets

BiggerPockets

Two real estate markets still look like they’ve got room to grow in 2023, even as home prices face downward pressure for high mortgage rates and days on market begin […]

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5 ‘unconventional’ loan options for almost every type of homebuyer

Inman

Mortgage brokers — who can shop countless loan products from any wholesale lender they choose — have access to a variety of alternative home financing options.

Finance 148
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The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers? | Clear Capital in the news

Clear Capital

Story by Lisa Marie Conklin If you need a mortgage to buy a home you have your eye on, it’s standard for your lender to order an appraisal of the property. But when your lender says it’s ordering a hybrid appraisal instead of a traditional appraisal , what does that mean exactly ? Here’s what you need to know about this newer appraisal method and how it works to determine the value of the home you want to buy.

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WATCH: ‘AI is the new Zestimate’ according to Mike DelPrete

Inman

Mike Delprete separates the signal from the noise to bring Intel readers the most promising integrations for AI and real estate search.

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10 Things Real Estate Investors Should Know About STR in 2023

Mashvisor

Many property investors today are considering putting their hard-earned money into real estate STR. But is it still a wise investment in 2023?

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Should you be creating video content for Instagram?

Inman

Looking for more engagement and better results on Instagram? Let Sue "Pinky" Benson and her special guest help you get up to speed.

Agents 147
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Industry analysts weigh in on likely housing inflation dynamics

Mortgagebroker News

The Bank of Canada's future steps will have a major influence on price growth, observers say

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A global luxury advisor shares her top industry podcasts

Inman

With podcasts, you can educate yourself while you commute, exercise or run errands. Here are two programs I recommend.

Realty 148
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Stewart Valuation Intelligence approved to support Fannie Mae process

Valuation Review

Stewart Valuation Intelligence, LLC, recently approved for Fannie Mae proposal.

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The 5 C’s for identifying life-changing mentors

Inman

Whichever side of the mentor/mentee relationship you fall on, it's vital to understand what makes the practice worthwhile and workable. Team leader Carl Medford outlines mentoring myths and meaningful solutions to create effective outcomes.

Agents 114