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How 2020 exposed a greater need for collaboration between real estate agents and LOs

Housing Wire

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. The past year has exposed a need for richer collaboration tools and better data that bring consumers, agents and loan officers together in one system to minimize work and increase transparency for everyone involved.

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A must-read for homeowners: Do you have to renovate before you sell?

Cornerstone

Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Taking the time (and spending the money) to renovate before selling might cause you to miss out on this chance. Keep 2 things in mind if you’re planning to sell this season.

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4 reasons you’re better off selling your house this summer [INFOGRAPHIC]

Cornerstone

Sellers who list may find a golden opportunity: Right now, you’re likely to sell your house quicker and at a better price. This summer, sellers benefit from the fact that mortgage rates still hover around the rock-bottom lows seen during last year’s COVID crisis. Remember, sellers do plan on re-entering the market soon.

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

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4 surprising advantages of selling your house in today’s market

Cornerstone

Homes.com published a new survey highlighting these worries, plus the conditions needed to help sellers feel more comfortable. The demands of these buyers give sellers enormous leverage. Homeowners aren’t sure if they’ll need to renovate to receive a competitive offer. Is it smart to sell a house right now? 4 major incentives.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. REO properties are attractive to homebuyers or real estate investors for several reasons. 10 Steps to Buying REO Properties.

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The Mortgage Loan Process: How To Get A Mortgage In 9 Steps

Quicken Loans

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” Immediately, the question arises: How do you start the process of getting a mortgage loan? If you’re buying for the first time , the mortgage loan process can be confusing and unfamiliar.