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Can you build a thriving real estate business on TikTok? She was so busy she could only talk to us from her car, en route to a closing. Our business model since the beginning was just do the absolute best you can and then make it a little bit better, and you’ll stand out. Kina Desantis did. We were skeptical.
Real estate referrals are the lifeblood of most top producers’ businesses. This is evident when you ask any highly successful agent where they find their clients. Inevitably, their answer will be “my past clients and sphere.” We’ll first cover what a referral referral is and how they can benefit your business.
Mortgage and title clients are undergoing a significant transformation with the shift from Encompass Software Development Kit (SDK) to Encompass Partner Connect (EPC). However, for many lenders and title agents, the path to compliance can be a bit too much to handle while running a business and dodging compliance risks.
He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients. Do you have business purpose loans in your offerings? Close one loan for a real estate investor and you have a repeat client for life! Many investors prefer to close in the name of an LLC.
Step 4: Develop a recruitment and retention strategy Attracting and retaining top talent is critical to scaling your team. Offer training, mentorship, and career development plans to support long-term success. Implement marketing automation tools to ensure consistent outreach to prospects and clients. Click Here
The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients. This year, 75 honorees were selected. Congratulations to the 2024 Tech Trendsetter honorees! Take a look at the full list below.
His message to realtors is clear: now is the time to educate clients and take advantage of market inefficiencies to unlock success in Q4. Flat lines in business and life are never good,” says Shallis. Leveraging micro-market shifts Realtors have an opportunity to use local market changes to drive urgency for their clients.
. … From a business standpoint, this is another challenging thing in the LA real estate market. Mauricio Umansky , founder and CEO of The Agency in Los Angeles, said that there is “nobody not affected by the fires,” adding that some of his business partners and managers have lost their homes.
In his new role, Banosian said he will be leveraging his success as a top producing loan originator to help other Rate LOs grow their business and take market share. The tools that we utilize allow us to truly be available to our clients when they need it the most, when it matters the most whether it’s nights or weekends.
. “Platinum’s focus on supporting agents and promoting their business were major draws for us,” Braklow said. Together, we’re providing the tools agents need to expand their businesses through advanced marketing and education to elevate client experiences. For Platinum, the merger is mutually beneficial.
CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday. In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene is also a former real estate broker/owner and a U.S.
As you plan your 2025, its important to be intentional about including self-development activities. After all, our business will only grow as much as we do as business owners. With hundreds of books to choose from, it can be overwhelming to know which one will truly have a positive impact on your life and your business.
Louis Business Journal. “I truly think that a brokerage is in the talent management business. “I think about the people I work with, the agents, the staff, and the gifts that they have, and how we can help develop that.” RedKey recorded 1,327 home sales in 2022, with its highest-value sale reaching $2.85
Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) back in June over an allegedly biased valuation of a home in Denver. This business model was not only misleading to the clients, but also to his credentialled appraisers on staff, the release stated.
Israeli startup eSelf AI has developed a technology that provides interactive AI real estate agents capable of answering questions and guiding prospective buyers through listings at any time. Porta da Frente Christies CEO Joo Clia told Fox Business that the firm has seen great results since live-testing the AI agent about a year ago.
Kortney Lane-Schafers has been promoted to vice president of growth and client advocacy at Mobility Market Intelligence (MMI), which offers data intelligence and market insight tools for the mortgage and real estate industries.
These hires come after Constellation Real Estate Group unified all of its businesses under one brand Constellation1. The company said it hired the four executives to focus on developing its products and services for real estate professionals nationwide. Before that, he led product development and cloud transformation at CARFAX Canada.
Financial services consulting firm ThoughtFocus appointed Santhosh Ananthakrishnan to the position of chief business officer. Before joining ThoughtFocus in January, Ananthakrishnan led the global mortgage business at Tata Consultancy Services. ThoughtFocus is a consulting, software engineering and business process management firm.
Gloria and David, longstanding pillars of the community, along with our presence on Main Street, where we are proud to have many of the island’s finest producers, gives us an unmatched client offering,” Raveis said.
Scott Mitchelson is joining The Corcoran Group as senior vice president of global development, the company announced on Tuesday. During a career that has spanned more than 25 years, he has held professional roles in sales, strategic marketing , business management and client relations.
Rather than chasing every lead that comes in, focus on attracting clients who are genuinely ready to make a move. Building relationships that bring in well-qualified referrals can boost your business’s reputation. High-quality referrals for consistent deal flow The value of high-quality, high-intent referrals can’t be overstated.
The Oregon state senates Committee on Housing Development held a hearing last week on a piece of proposed legislation that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property. Three witnesses were called to testify on the potential impact of the bill.
In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser. If you want to be your own boss, it also requires business acumen. This means continually learning and developing new skills to stay ahead of the curve.
Risk Mitigation Strategies Diversifying our client base and loan portfolio helps mitigate risk in the face of economic fluctuations. Maintaining a strong focus on customer service and borrower support helps build trust and loyalty, ensuring long-term stability for LoanCare and our clients. Next year] will be no different for us.
A more efficient and intuitive customer relationship management system (CRM); tools to create better marketing materials; streamlined client communications; and a place to manage the deal pipeline, transactions, and checklists in one place. Because agents are the heart of the business. S.MPLE is a back office in a box.
The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. This is especially true in markets on the fringes of its footprint, or in areas where brokerage clients are moving to or from.
Openn is an Australian company that expanded into Canada in 2022 and developed integrated products and systems used by the Canadian Real Estate Association (CREA), including integrations with Realtor.ca. By buying Openn’s Canada business, Final Offer now operates the platform used by most Canadian real estate agents. “We In the U.S.,
I also include tips and tricks to help you find your first clients faster than most new agents. Yet sometimes, there’s enough business coming in from the team that agents earn more money on a team than they would earn on their own. Is there one day a week you can work on your real estate business? Let’s dive in!
But the industry is not yet out of the woods, said Todd Sheinin, the Maryland-based vice president of strategy and development at Primary Residential Mortgage Inc. “As August is generally a slower time for business in the mortgage industry and this year is no different, LOs told HousingWire.
Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. When you buy through our links, we may earn a commission. So, where do you start? Why send a regular real estate newsletter?
While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year.
While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for real estate agents to grow their business in a variety of ways. Naturally, there’s a little bit of “selling” that happens here, but there are also helpful strategies for finding new business, as Jeff is a specialist in lead gen.
By cutting down on these administrative tasks, title professionals can focus more time on client-focused service. Communication Currently, 35% of businesses leverage AI for content production, and it’s easy to see why. Develop and enforce guidelines around AI use to mitigate risks and ensure responsible implementation.
Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. What does this mean for the residential real estate sector and how business-purpose mortgage lenders are trying to expand?
In a wide-ranging interview with HousingWire ‘s Reverse Mortgage Daily (RMD), Allen first explored the state of the business today and how Rate aims to make an impact going forward. Establishing common ground is the first order of business, Allen said. Naturally, this includes reverse mortgages, he explained.
And it seeks to expand the number of available loan officers and strategic development tools to continue building on the momentum that company executive say they’re seeing in the space. How would you say business is going? We’ve just recently added a new strategic business manager to our division.
home equity based on different estimates its easy to see the potential impact that such a large cohort has on a variety of different businesses, including home inspections. But one impact that Cook has observed in his own business at least anecdotally is an apparent mistrust that older buyers have for new construction.
The company is actively monitoring the still developing situation, and will assess further steps once the extent of the impact is known, Smith added. Department of Housing and Urban Development (HUD), there are more than 5,000 HECM originations in the Los Angeles-Long Beach-Glendale metropolitan statistical area and nearly 4,600 endorsements.
Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)
The first year is crucial for developing the habits, relationships, and skills that lay the foundation for long-term success. Ive spent years in the industry , and as my son prepares to take his NMLS exam, these are the key expectations I will share with him to navigate his first year in the business.
have been busy training and preparing to be ready for Aug. VantHof has spent several months training to prepare for the business practice changes. For Lamacchia, it is essential that his agents and brokers are able to clearly explain and communicate about the forms they are asking clients to sign. I feel really well supported.”
After a challenging year for the mortgage industry broadly and the reverse mortgage business specifically, companies are aiming to assess the best ways to accomplish these ongoing goals. When these leads dry up, he added, business dries up. “Were always looking for new salespeople, Sciandra said.
Dark Matter Technologies makes it a priority to stay ahead of these trends, ensuring our clients have the right tools to scale efficiently when market conditions change. If lenders arent actively developing relationships with builders and structuring loan programs to meet this demand, theyre missing a critical opportunity.
My business has always been more design focused. I work with different designers and I do development as well. Have you had people asking you questions that you’ve never gotten before when looking for a house or working with a development? O’Connor: Around 20 agents in my office lost houses.
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