One thing that can make an enormous difference in your career success as an agent is whether or not you have a high-quality mentor who can help you navigate the ins and outs of real estate. In fact, many agents discover that they operate very well if they have more than one mentor to tap for questions and advice.
Avoiding Burnout As A Real Estate Agent
Every industry contains a danger of job burnout. Although it’s not an actual medical disease, the Mayo Clinic defines burnout as “a special type of work-related stress — a state of physical or emotional exhaustion that also involves a sense of reduced accomplishment and loss of personal identity.”
Mortgage applications on the rise again
Mortgage applications jumped 8.15% from the week ending Jan. 29, breaking a two-week streak of decreases, according to the latest data from the Mortgage Bankers Association. The refinance index also increased 11% from the previous week – up to its
Competition is Fierce for Home Buyers, But Acting Quickly Could Save Them Hundreds on Their Monthly Payments
This new Zillow analysis shows how the expectation of quickly growing home values and the potential for rising interest rates mean those who don’t delay will have more buying power. Go to Source Author:
Ginnie Mae guarantees first digital MBS
Ginnie Mae announced its first guarantee of a mortgage-backed security backed by digital pools, or pools of loans that consist entirely of eNotes. The MBS were loans closed by Rocket Mortgage in December, are issued as of Jan. 1, 2021
White homeownership rate hits nine-year high
Despite an unrelenting COVID-19 virus and economic recession, U.S. homeownership rose in the fourth quarter of 2020 from the same period last year. And it’s reached a record high for white homeowners, but fallen for Black Americans. The overall homeownership
Biden plans to release Puerto Rico aid blocked by HUD
The Biden administration has begun making plans to release $1.3 billion in aid that Puerto Rico can use to protect against future climate disasters, alongside the removal of various spending restrictions Housing and Urban Development originally put in place by
CoreLogic’s Selma Hepp to speak at Spring Summit
CoreLogic Deputy Chief Economist Selma Hepp will be speaking on the economic outlook at HousingWire’s Spring Summit on March 4. It’s a topic she’s well-suited to speak on — at CoreLogic, Hepp is responsible for analyzing, interpreting and forecasting economic
Old Republic’s title insurance income soars in 2020
Old Republic International Corp. reported positive revenue for 2020, in large part because its title insurance arm made up for a decrease in general earned premiums. The Chicago-based company saw a total of $670 million in net income in 2020,
A closer look at HousingWire’s February magazine
Today’s HousingWire Daily focuses on the newly released HousingWire February magazine issue. In this episode, HW+ Managing Editor Brena Nath discusses what readers will find in this issue, which focuses on the unique challenges servicers face in 2021. HW Magazine
33 states go after Ocwen/PHH Mortgage over servicing fees
A coalition of 33 state attorneys general filed a motion against PHH Mortgage and its predecessor Ocwen Loan Servicing for allegedly charging unlawful servicing fees to nearly 1 million borrowers. The attorneys general, co-led by New York’s Letitia James and
Divvy Homes snags $110 million Series C funding
Housing startup Divvy Homes announced a $110 million Series C funding round – headlined by Tiger Global Management – bringing its total debt and equity raised since 2017 to more than $500 million. The Divvy Homes business model is aimed
13 Ways to Convert a Bonus Room into Usable Space
So, you have extra space but you don’t know what to do with it. While bonus rooms are a great commodity to have, many homeowners struggle to make good use of the space. If this sounds like you, there are
10 Unique Valentine’s Day Ideas to Celebrate at Home This Year
The home is where the heart is – so there’s no better place to celebrate Valentine’s Day than at home with your loved ones. Whether you’re looking to avoid the hustle and bustle of the city or a cozy and
Building an Online Community: The Secret Sauce
Let’s face it. If you’re an entrepreneur or a real estate professional, there’s almost no way to avoid marketing your business without using social media. Social has become one of the top ways business professionals connect with potential clients and
Digital servicer Valon snaps up $50M in Series A round
Digital mortgage servicer Valon (formerly known as Peach Street) announced on Tuesday it picked up $50 million in a Series A funding round spearheaded by venture capital heavyweight Andreessen Horowitz. Valon now boasts $53 million in total funding to date,
Walk a Mile in Their Shoes
When you think of superpowers, what comes to mind? How about empathy? Jenna Roberts, of Century 21 Platinum in Clarksville, TN has developed a meaningful way to connect with her clients through empathy. When you ask Jenna about her ‘why’
In it For the Long Haul
Relentless Agent Award winner, Banny “Life-Changer” Lim, didn’t get his nickname from just helping his clients with their homes. It comes from his unique perspective for what it truly means to service his clients throughout the home buying and selling
20 Reversible Home Design Ideas to Instantly Revamp Your Space
Transforming your home’s look and feel doesn’t require a complete remodel or a shopping spree for all new furnishings. There are many inexpensive and reversible ways to spruce up your space to make it feel more like home. Simple things
Will the WFH trend affect the housing market after COVID?
Now that several vaccines are being distributed and hospitalizations appear to be on the decline in many areas, we can start thinking about life after COVID-19. I am interested to see what habits and cultural shifts stay with us and
Attention to Every Detail
If you ask Relentless Agent Award Winner, Laura Ennis of CENTURY 21 AllPoints Realty in Enfield, CT, what makes her stand out from the crowd, she’ll tell you without hesitation, it’s all about the details. Known as, Laura “Overly-Involved” Ennis,
6 Coronavirus-Friendly Home Upgrades That Cost Less Than $10K—and Will Bring In Offers
6 Coronavirus-Friendly Home Upgrades That Cost Less Than $10K—and Will Bring In OffersCourtesy of Realtor.comBy Kathleen Willcox | Jan 22, 2021Getting a home improvement project to pay off is notoriously tricky. There’s no guarantee you’ll recoup the money you pour into a bathroom remodel or an outdoor kitchen. Plus, the COVID-19 pandemic has made completing even minor projects […]
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Industry mourns death of PennyMac’s Stanford Kurland
PennyMac Mortgage Investment Trust announced that company founder and Non-Executive Chairman Stanford Kurland died at age 68 due to complications from COVID-19. Kurland had also been battling brain cancer. The company and industry leaders alike mourned his passing, calling him
The home inspection process: Should you skip it?
People often confuse the home appraisal with the home inspection. Appraisals are estimates of a home’s value — and they’re typically required before you can close on your mortgage loan. Inspections, on the other hand, are designed to assess the