By NICOLE MURRAY Hosting successful open houses is a huge determining factor of a realtor’s overall success. However, what’s the best way to attract a crowd? How do you secure relationships with those who attend? And how do you turn prospective buyers into solid leads? The Mortgage Note spoke with real estate industry professionals to…
By WENDY LEIBOWITZ When it comes to remodeling, everyone has a vision, but common remodeling mistakes can derail even the most well-planned projects. I’ve seen firsthand how one oversight can turn a dream space into a frustrating experience. Choosing Style Over Functionality One of the biggest remodeling mistakes I’ve noticed is focusing solely on aesthetics….
By WENDY LEIBOWITZ Realtors have long played a pivotal role in helping people buy and sell homes. However, the recent changes in commission structures have shaken things up in the real estate world. If you’re in the business, you’ve probably felt the impact. But what exactly has changed, and how does this shift affect the…
Aster Key expanded its self-service, automated Proof of Funds Letter program, complete with asset and ID verification. Buyers can quickly and securely verify their identity and finances from their phones. It’s free to use, and real estate agents can distribute it freely to buyers as well. The program is a response to the number of…
By KIMBERLEY HAAS The president of the National Association of Realtors has stepped down after allegedly receiving a threat to disclose a past personal matter. Tracy Kasper reported the threat to law enforcement and informed NAR’s Leadership Team. The threat involved a non-financial matter, according to a press release. “As president and a long-time member…
Is the real estate industry ready for artificial intelligence? Sun West Mortgage is betting yes. Paval Agarwal, CEO of both Sun West Mortgage and its affiliate Celligence, has created a 24/7 personal assistant A.I. platform called MORGAN, and he’s ready to teach the world how to use it. MORGAN is designed to automate certain tasks…
By KIMBERLEY HAAS Guild Mortgage has partnered with The Home Depot to help buyers save on utility costs and manage multiple payments by bundling the cost of new energy-efficient appliances into their home loan. The GreenSmart Advantage program offers options to finance energy or water-efficient improvements up to 5% of a home’s appraised value by consolidating the costs…
By KIMBERLEY HAAS The CEO of Comey & Shepherd in Cincinnati says there is something to be said for working with realtors and mortgage lenders in person at a time when it seems like more and more of the home buying process can be done from a cell phone. Scott Nelson collects data about what…
A typical home spent just one week on the market before going under contract, according to a new report from the National Association of Realtors. Their annual Profile of Home Buyers and Sellers — “real estate’s definitive guide on home buyer and seller trends” — reported on the pace of home sales between July 2020 and…
Realtors: Get your online meeting backgrounds ready. The National Association of Realtors announced Wednesday that its REALTORS Conference & Expo – scheduled for Nov. 13-16 in New Orleans – will be held virtually due to “health and safety concerns stemming from the COVID-19 pandemic.” “While positive indicators begin to show our economy is rebounding and…
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