Advertising and Marketing, Business, Free News Articles, Real Estate, Regional Events

Marie Antonette Waite Ignites the 6th Annual Fire-Up Live: Unleashing Powerful Business Connections at Mastermind Event

SAN DIEGO, Calif. -- Renowned personal branding marketing expert, executive film and TV producer, and CEO at Finest Women in Real Estate, Marie Waite, is thrilled to announce the highly anticipated 6th annual Fire Up Live business networking mastermind event. The three-day event, taking place in San Diego, California, is a remarkable experience for real estate professionals, small business owners, and aspiring entrepreneurs.

Fire Up Live is an immersive networking event that brings together industry leaders, entrepreneurs, and professionals seeking to gain and enhance their knowledge in various business areas. This year, Fire Up Live is set to surpass all expectations with a lineup of exciting activities, including Red Carpet Reality TV Show Premieres, a Real Estate Investing Mastermind Breakfast, engaging workshops, live presentations and celebrity keynote speaker, Keith Robinson!

Marie Waite, the driving force behind Finest Women in Real Estate, has made significant contributions to the field of personal branding and marketing. Her journey began when she founded a real estate brokerage in 2005 and witnessed the struggles many agents faced in establishing their branding and marketing efforts. Recognizing her natural affinity for marketing, Marie decided to channel her expertise towards helping businesses navigate the challenging world of branding and marketing.

"Many real estate professionals and small businesses lack the necessary marketing and branding skills to establish a unique position within their industry," says Marie Waite. "I aim to bridge this gap and help individuals display themselves in a way that attracts others to their personal brand. It's about communicating who you are and the value you bring to each individual, all while bringing your personality and connecting with others."

Finest Women in Real Estate takes a unique approach to marketing programs by emphasizing storytelling and community involvement. The company's focus lies in identifying the niche of each client, highlighting their unique skills and advantages, and leveraging these qualities for effective branding and marketing strategies. Marie Waite has outlined the Six Essential Principles of the Finest Women in Real Estate, which include freedom, integrity, niche, excellence, structure, and trust. These principles form the foundation of her book, "The Six Essential Principles of the Finest Women in Real Estate," which delves deeper into the strategies and philosophies that guide her successful approach.

The 6th annual Fire Up Live event, scheduled for November, promises attendees an unparalleled opportunity to expand their knowledge in real estate, technology, mindset mastery, marketing strategies, strong communication skills, personal branding and public relations, business principles, community development, and social media. It is an event designed to empower individuals and equip them with the tools needed to thrive in the ever-evolving business landscape.

"We want people to open their minds and embrace the creative and strategic aspects of building a successful business," explains Marie Waite. "By trusting the process and understanding that different strategies work for different individuals, attendees can unlock their full potential. Strong relationships with others are a key component to achieving success."

MORE INFORMATION:

For more information about the 6th annual Fire Up Live business networking mastermind event, please visit the official website at: https://fireupconnect.com/fire-up-live/

Learn more about Finest Women in Real Estate at: https://www.finestwomeninrealestate.com/

Related link: https://www.finestwomeninrealestate.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate

Houston Association of Realtors implements Down Payment Resource to engage homebuyers with affordable pathways to homeownership

ATLANTA, Ga. -- The Houston Association of REALTORS® (HAR) has implemented Down Payment Resource (DPR) to bring Greater Houston area homebuyers' attention to homebuyer assistance programs in the wake of declining housing affordability. Data indicates that homebuyer assistance programs can be especially impactful in the Greater Houston area, where 89% of listings are eligible for assistance and HAR reports that only 40% of households could afford to buy a home in Q4 2022.

HAR is the second largest local real estate trade association in the nation, supporting more than 49,000 Houston real estate professionals. Notably, the organization has exceptionally strong engagement with Houston residents, evidenced by its multiple listing site's (MLS) status as the only local website to rank as a top 20 real estate website in the U.S. According to DPR analysis, 70 homebuyer assistance programs are available across HAR listings, including more than 50 down payment assistance programs, as well as numerous affordable first mortgage programs, mortgage credit certificates (MCCs) and combined assistance programs.

HAR's MLS integration with DPR enables consumers to search for properties that are eligible for homebuyer assistance, and it prominently flags assistance-eligible listings. The integration also makes it easy for Realtors to learn about homebuyer assistance programs and locate assistance-eligible listings that meet their clients' needs. Additionally, HAR members have access to DPR's library of marketing resources, which helps them raise community awareness about homebuyer assistance programs that can make homeownership more affordable.

"HAR has a longstanding track record of investing in its Realtor members and the communities it serves, which is reflected in its local reputation as a trusted source of housing information," said DPR Founder and CEO Rob Chrane. "Its production of a Housing and Rental Affordability Index is especially commendable because it exposes the financial burden residents face to obtain housing at the county and city levels. HAR's commitment to understanding and meeting the needs of its market has guided its partnership with DPR, which has the potential to connect thousands of Houstonians with the stability and wealth-building benefits of homeownership."

"HAR strives to equip the community and members with resources that help homebuyers enjoy sustainable homeownership in our hometown," said HAR Chair Cathy Treviño. "We are excited to bring affordable homeownership opportunities to light and help more people achieve their dreams of homeownership."

About Down Payment Resource:

Down Payment Resource (DPR) is a nationwide database of down payment assistance and affordable lending programs. The company tracks funding status, eligibility rules, benefits and more for approximately 2,200 programs in 11 categories. Its award winning technology helps the housing industry connect more homebuyers to the down payment help they need. DPR has been recognized by Inman News as "Most Innovative New Technology" and the HousingWire Tech100(tm). DPR is licensed to Multiple Listing Services, Realtor Associations, lenders and housing counselors across the country. DPR's subscription based service, Down Payment Connect, helps agents and loan officers match buyers to available programs. For more information, please visit https://downpaymentresource.com/ and on Twitter at @DwnPmtResource.

About Houston Association of Realtors®:

Founded in 1918, the Houston Association of Realtors® (HAR) is a 50,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of Realtors® in the United States.

Related link: https://www.downpaymentresource.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate

Beycome Roars Past the $100 Million Mark in Commission Savings, Thanks to Our Loyal and Smarter-than-Average Customers!

MIAMI, Fla. -- It's time to pop the champagne, folks! beycome, the innovative and customer-centric real estate platform, is absolutely thrilled to announce a significant milestone in its journey - helping our savvy users save a staggering $100 million in commissions on their real estate transactions since the company's inception.

At beycome, the team has always believed that knowledge is power-particularly when it comes to real estate. That's why the company has been dedicated to empowering its users to navigate transactions with confidence and ease and, ultimately, keeping more money in their pockets. And let's be honest, the customers are the real superheroes here, smashing through traditional real estate hurdles like The Hulk in a porcelain shop.

Since the day we launched, beycome Reviews have shown that we've been on a mission to shake up the traditional real estate industry and bring about a R/EVOLUTION by providing a comprehensive suite of services and tools for both buyers and sellers. With our easy-to-use online platform and dedicated support team, we've empowered thousands of users to take charge of their real estate transactions. Say goodbye to expensive middlemen and hello to a transparent, efficient, and seamless process. At beycome, we're all about putting the power back into your hands.

"We are extremely proud to have reached this significant milestone," says Nico Jodin, CEO and founder of beycome. "Our focus has always been on empowering users to make smarter decisions and save money on their real estate transactions. This achievement is a testament to the hard work and dedication of our team, as well as the trust and loyalty of our Smarter-than-Average Customers."

But don't worry, we're not resting on our laurels (or our piles of saved cash). We're passionately committed to continuing our innovation journey-in the coming months, our users can expect to see new services and tools added to the platform, as well as increased geographical coverage, allowing even more customers to benefit from the company's unique approach to real estate.

"Our ambition doesn't stop here," Sam Odio, Co-founder and VP of sales, adds. "We have a vision to transform the real estate landscape, making it accessible and cost-effective for everyone involved. We will continue to innovate and improve our platform, ensuring we remain at the forefront of the industry and provide the best possible experience for our users."

As we embark on the coming months, we're laser-focused on making Beycome the go-to platform for everyone tired of paying unnecessary commissions. You know who you are, and we know you're smart, discerning, and incredibly good-looking. (That's right, we're talking about you.)

We're bursting with gratitude to all our loyal users who've helped us achieve this incredible milestone. We're absolutely convinced that we couldn't have done it without each and every one of you, and we're not just saying that because our PR team told us to. You guys are truly the wind beneath our wings, the cherry on top of our real estate sundae.

Together, let's keep on saving, keep on innovating, and keep on proving that the real estate game is about to change forever. Thank you for being a part of our journey, and remember: with great savings comes great responsibility!

Learn more: https://www.beycome.com/

Related link: https://www.beycome.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate

Aldy Damian the CEO of Accredas Investments announces the sale of its latest commercial transaction, Walgreens – Denver, CO MSA

ROLLING HILLS ESTATES, Calif. -- Aldy Damian, CEO of Accredas Investments, announces sale and close of its latest marketed commercial property. The sale of Walgreens in Denver, CO MSA adds to the previous twelve month running gross sales proceeds totaling $71 Million dollars for the last fiscal year attributed to Accredas Investments.

Marcus & Millichap agent Ryan Jaama represented the Buyer in the sale of Walgreens - Denver, CO MSA property.

In addition to the latest Walgreens in Denver, CO transaction. Aldy Damian having now secured the following transactions over the past twelve months. Earlier this year the disposition of Walgreens in Gilbert, AZ, the acquisition of Bridgestone, Tires Plus (Costco Out-lot) in WI, the acquisition of Firestone Complete Auto Care (strategically located off Interstate 35) in Lenexa, KS, (Multiple financial transactions supplied by Max Benjamin Partners) The disposition of Bank of The West, sale and lease to Blue Credit Union in Superior, CO (Target out-parcel) and the premier corner in Appleton, WI of Fleet Farm one of the most known and respected big box stores in the Mid-West, in association with CBRE and Walker & Dunlop.

Fleet Farm Group who is currently owned by the multi-billion dollar investment banking firm, KKR Investments, KKR.com (NYSE stock symbol - KKR) are undergoing a multi-expansion of stores including the recently opened Hastings, MN location.

Aldy Damian, directing Accredas investments, has stated he is very pleased with the Fleet Farm Group, Germantown, WI acquisition coming off the sale of Chandler Medical Plaza, (Chandler, AZ with buyer representation by Newmark) featuring Banner Health (largest employer in the state of Arizona) as the strategic anchor tenant. More strategic business to come, including the soon disposition of Dicks Sporting Goods, in Topeka KS.

The newly listed for sale Dicks Sporting Goods property is truly unique property as the location of this Dicks Sporting Goods is the only location represented in the Topeka KS, area with the other Dicks Sporting Goods locations in excess of 40 miles away ( https://chainstoreage.com/dicks-sporting-goods-posts-strong-q4-offers-confident-outlook ).

The property is also located directly off of Interstate 470 near the connection of Interstate 70 making it the absolute prime retail destination of Topeka, KS residents ( https://www.crexi.com/properties/1099940/kansas-dicks-sporting-goods ).

The Corporately owned Home Depot located directly adjacent to the Dicks Sporting Goods in Topeka, KS is a mainstay in the area and is ranked the highest trafficked in a 50 miles radius area according to Placer.id.

Accredas investments was founded by Aldy Damian who began as a music, video and distribution executive with record label imprints as Damian Music and D3 Entertainment with BMG / Sony internationally, releasing in excess of 178 Albums and DVDs). Aldy Damian also served as executive Vice President and Co-founder of Liberation Entertainment with acclaimed MCA Records president and veteran multimedia executive Jay Boberg (CEO), who was responsible for obtaining the financial backing of Clarity Partners ($1Billion dollar investments banking firm) to form Liberation Entertainment ( https://www.claritypartners.net/portfolio ).

Accredas Investments continues its media ventures along with commercial property investment and development in real estate specializing in Core and Core plus properties targeting Class A properties and value-add commercial properties to serve their clients.

CEO and head of operations, Aldy Damian is a 34-year multi-faceted executive transacting in excess of one million square feet of investment property. 310-717-6932 ph., Accredas@gmail.com

Related link: https://www.linkedin.com/in/aldy-damian-a6a5062/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate

Brick and Mortar to Online: 580 Realty Adapts to Customer Needs

DURANT, Okla. -- In today's digital age, businesses must adapt to meet customers where they are in real time. The real estate industry is no exception and the 580 Realty Team is successfully making the transition from brick and mortar to online.

"We've recognized the need to expand our digital presence to remain competitive and to provide the best possible service to our clients," Brian Allen, Branch Broker, 580 Realty, says. "By creating an exceptional online experience, we've implemented a variety of strategies to make the home buying and selling process as seamless and convenient as possible and we're reaching a wider audience."

The 580 Realty team finds that this new online presence helps to establish better communication and transparency too - crucial components of any real estate transaction. Customers can reach their agent - anytime and anywhere.

Clients have digital access to real-time updates information. They can also access their agent's calendar, schedule appointments, view upcoming events and documents and communicate with their agent through the online portal. Online tools are also easily accessed and include things like electronic signatures and document management systems.

"Technology plays a critical role in the success of any real estate agency," Allen says. "At 580 Realty, we're using it enhance the customer experience in many ways."

For example, virtual tours showcase properties to clients who can't visit in person. Data analytics are also used to give clients valuable insights into the real estate market as well as the value of their specific property.

Social media and email marketing is also working to reach a wider audience and promote listings. By using these channels, they're better able to attract potential buyers and sellers and help them to make informed decisions.

"We're working to build trust and rapport with our clients, which is leading to higher satisfaction rates and more successful transactions," Allen shares.

As technology continues to evolve, 580 Realty is committed to staying ahead of the curve. They're constantly exploring new ways to enhance the customer experience. This includes investing in new technologies, such as artificial intelligence (AI) and virtual reality. They're also expanding their digital reach in new social media channels and video marketing.

For more information about 580 Realty: https://www.580realty.com/

580 Realty Team, 107 N 3rd, Durant, OK 74701, 561-257-1140.

Related link: https://www.580realty.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Free News Articles, Real Estate

Richmond SPCA to Benefit from Auction of Landmark Virginia Manor House on Nearly 400 Acres

ST. STEPHENS CHURCH, Va. -- Anchored by a 200-year-old manor house surrounded by nearly 400 acres, this historic Virginia estate known as Holly Hill is now truly going to the dogs - and to the cats, rabbits, and many other creatures whose well-being the Richmond SPCA champions and helps safeguard. Thanks to a generous benefactor, the proceeds from the sale of this estate, which is on both the National Register of Historic Places and Virginia Landmarks register, will benefit the local animal welfare non-profit, according to auction firm, Tranzon Fox.

Creatures of both the four- and two-legged varieties will find much to enjoy about life at Holly Hill, including carefully-kept grounds with formal gardens, horse stables with a two-level apartment, fenced pasture land, approximately 136 tillable acres, significant frontage on the Mattaponi River, two ponds, recreational land, and numerous outbuildings.

"This is the fourth property we've auctioned for the benefit of the Richmond SPCA, and of those, Holly Hill is the most expansive and historic," said Bill Londrey, managing partner of Tranzon Fox. "These sales that benefit charities are always some of the most rewarding work we do, so I would encourage anyone seeking a personal or corporate retreat, or a pastoral location for a wedding/events venue or B&B, to visit our website to learn more.

"The auction will take place live and on-site at the property on April 26, 2023, and while there are a couple of opportunities to see the property beforehand, to gain access to the estate, prospective bidders will need to comply with the terms set by the executor. So, I'd say don't wait too long. This property hasn't been on the market in decades, and who knows when you'll have a chance again to buy it."

For more information about the auction, visit Tranzon's auction listing: https://www.tranzon.com/fx2021

About Tranzon:

In 2000, a group of real estate auctioneers banded together to create Tranzon, LLC, a nationwide network that revolutionized the way real estate professionals bring buyers and sellers together. Today, the Tranzon team features some of the most experienced real estate, marketing, and auction professionals in the business. Using Tranzon's Market-Making System(TM), a proven methodology for the accelerated sale of property, the company has conducted tens of thousands of successful commercial and residential auctions for clients including financial institutions, trusts, guardians, estates, and private individuals. All Tranzon companies are independently owned and operated. Tranzon Fox, VAAF 423.

About the Richmond SPCA:

The Richmond SPCA, founded in 1891, is a no-kill humane organization dedicated to the guiding principle that every life is precious. As a national leader in humane care and education, the Richmond SPCA is building a more compassionate community through programs of adoption, rehabilitation, spay/neuter, pet-retention, trap-neuter-vaccinate-return and humane education. For more information, visit https://richmondspca.org/.

Related link: https://www.tranzon.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Free News Articles, Real Estate

Richmond SPCA to Benefit from Auction of Landmark Virginia Manor House on Nearly 400 Acres

ST. STEPHENS CHURCH, Va. -- Anchored by a 200-year-old manor house surrounded by nearly 400 acres, this historic Virginia estate known as Holly Hill is now truly going to the dogs - and to the cats, rabbits, and many other creatures whose well-being the Richmond SPCA champions and helps safeguard. Thanks to a generous benefactor, the proceeds from the sale of this estate, which is on both the National Register of Historic Places and Virginia Landmarks register, will benefit the local animal welfare non-profit, according to auction firm, Tranzon Fox.

Creatures of both the four- and two-legged varieties will find much to enjoy about life at Holly Hill, including carefully-kept grounds with formal gardens, horse stables with a two-level apartment, fenced pasture land, approximately 136 tillable acres, significant frontage on the Mattaponi River, two ponds, recreational land, and numerous outbuildings.

"This is the fourth property we've auctioned for the benefit of the Richmond SPCA, and of those, Holly Hill is the most expansive and historic," said Bill Londrey, managing partner of Tranzon Fox. "These sales that benefit charities are always some of the most rewarding work we do, so I would encourage anyone seeking a personal or corporate retreat, or a pastoral location for a wedding/events venue or B&B, to visit our website to learn more.

"The auction will take place live and on-site at the property on April 26, 2023, and while there are a couple of opportunities to see the property beforehand, to gain access to the estate, prospective bidders will need to comply with the terms set by the executor. So, I'd say don't wait too long. This property hasn't been on the market in decades, and who knows when you'll have a chance again to buy it."

For more information about the auction, visit Tranzon's auction listing: https://www.tranzon.com/fx2021

About Tranzon:

In 2000, a group of real estate auctioneers banded together to create Tranzon, LLC, a nationwide network that revolutionized the way real estate professionals bring buyers and sellers together. Today, the Tranzon team features some of the most experienced real estate, marketing, and auction professionals in the business. Using Tranzon's Market-Making System(TM), a proven methodology for the accelerated sale of property, the company has conducted tens of thousands of successful commercial and residential auctions for clients including financial institutions, trusts, guardians, estates, and private individuals. All Tranzon companies are independently owned and operated. Tranzon Fox, VAAF 423.

About the Richmond SPCA:

The Richmond SPCA, founded in 1891, is a no-kill humane organization dedicated to the guiding principle that every life is precious. As a national leader in humane care and education, the Richmond SPCA is building a more compassionate community through programs of adoption, rehabilitation, spay/neuter, pet-retention, trap-neuter-vaccinate-return and humane education. For more information, visit https://richmondspca.org/.

Related link: https://www.tranzon.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Alliances and Partnerships, Business, Free News Articles, Insurance, Real Estate

TurboTenant and Armadillo: Simplifying Self-Management for Landlords

FORT COLLINS, Colo. -- Armadillo, a modern tech-enabled home warranty platform, and TurboTenant, a digital one-stop-shop for landlords looking to simplify then scale their rental business, have launched a partnership to provide landlords with an affordable and comprehensive protection plan for their rental properties.

The Armadillo x TurboTenant plan was developed to accommodate the needs of small to midsize landlords. It includes appliance coverage alongside access to 24/7 service requests, troubleshooting, and a vast network of certified maintenance professionals. This partnership provides TurboTenant's landlords with an essential in-platform solution to make property management as stress-free as possible.

"TurboTenant is an incredible platform for landlords looking to have all the tools they need to manage their properties in one place," said Matan Slagter, Armadillo CEO. "We are excited for Armadillo to be offered on TurboTenant to help their landlord community more seamlessly manage breakdowns on their properties and provide an enhanced experience for their tenants - we think TurboTenant and Armadillo make a pretty great team."

The Armadillo x TurboTenant partnership makes being an independent landlord easier and more accessible than ever before. With Armadillo's tech-enabled repair services available on TurboTenant, landlords and tenants can rest easy knowing they'll experience end-to-end support if an appliance breaks down.

"Armadillo's in-platform home warranty service is an indispensable tool that supports our mission of empowering independent landlords at every step of the rental process. TurboTenant is proud to provide our landlords an easy way to protect their bottom line and reduce stress from unexpected maintenance demands," said Seamus Nally, TurboTenant CEO.

Learn more: https://www.armadillo.one/plans/landlords-turbotenant/

About TurboTenant:

More than 525,000 independent landlords across the U.S. enjoy TurboTenant's free, all-in-one online property management solutions. Features offered by TurboTenant include rental applications, tenant screening, property marketing, rent payments, lease agreements, and rent reporting. Please reach out to press@turbotenant.com with any questions.

About Armadillo:

Armadillo is a technology company that offers home warranty plans designed for a new generation of homeowners: streamlined, easy, at-your-fingertips and affordable. Founded in 2021 by Matan Slagter and Lansdon Robbins, Armadillo's mission is to provide an effortless homeownership experience. Armadillo plans are available nationwide. Learn more by visiting https://www.armadillo.one/ or sending an email to info@armadillo.one for media or partnership inquiries.

Related link: https://www.armadillo.one/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate

iEmergent shares top takeaways from 2022 HMDA data

DES MOINES, Iowa -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the immediate availability of 2022 Home Mortgage Disclosure Act (HMDA) data in Mortgage MarketSmart. To celebrate providing lenders with early access to HMDA reporting, iEmergent CEO Laird Nossuli shared summary observations drawn from the loan-level origination data.

Top takeaways from 2022 HMDA data:

1. The last 12 months saw the U.S. mortgage market sliced in half.

While it comes as no surprise that lenders originated far fewer loans in 2022 than in 2021, HMDA data illuminates just how steep the dropoff was. Purchase units fell 19% and refinance (refi) units fell 70% year over year. Altogether, the market saw a combined 50.6% drop in purchase and refi units.

2. IMBs continue to carry a heavy load.

In 2022, independent mortgage banks (IMBs) represented just 20% of all U.S. lending institutions, yet they accounted for 58% of purchase and refi units and 56% of purchase and refi dollars originated. By comparison, credit unions were 33% of all lending institutions but represented just 9% of purchase and refi units and 7% of purchase and refi dollars. Banks were 47% of all lending institutions but represented 34% of purchase and refi units and 38% of purchase and refi dollars.

3. Credit unions are still playing catch-up in the pivot to purchase.

Purchase originations dominated in 2022, accounting for 62% of purchase and refi units and 68% of purchase and refi dollar volume industry-wide. But while banks and IMBs have crossed the threshold from mostly-refi to mostly-purchase, refi transactions still accounted for a majority (55%) of loan units originated by credit unions.

4. Select lenders are holding their own in a challenging market.

In 2022's contracting mortgage market, some lenders managed to turn lemons into lemonade. Seven of the year's top overall lenders by unit volume were new to the top 20, as were eight of the year's top overall lenders by dollar volume. Slicing the data by loan purpose shakes up the top 20 considerably, with IMBs taking 14 of the top 20 spots for purchase originations, IMBs and banks splitting the top 20 almost evenly for refi originations, and banks and credit unions dominating the top 20 for home improvement loans.

5. Buyers are borrowing more than ever.

The average size of a purchase loan increased 7.7% year over year from $337,813 in 2021 to $363,978 in 2022, outpacing overall inflation (*SEE NOTE 1) and exacerbating challenges to housing accessibility and affordability.

"In the current mortgage market, lenders face adversity and opportunity in almost equal measure - a story that is borne out in the latest HMDA data," said Nossuli. "iEmergent's Mortgage MarketSmart brings this story to life and puts it into actionable context with rich maps and forecasts that quantify a lender's market gaps all the way down to the neighborhood level."

HMDA data shows lenders how they stack up against peers

The integration of 2022 HMDA data into Mortgage MarketSmart, iEmergent's industry-first market visualization platform, makes it easy for lenders to compare their performance against competitors' across numerous categories including:

* Purchase origination units and dollars
* Refi origination units and dollars
* Borrower race
* Borrower ethnicity
* Loan type (conventional, jumbo, government)
* Borrower income (low, moderate, middle, upper)

By blending current HMDA data with historical market analysis and highly reliable forecasting, Mortgage MarketSmart gives lenders everything they need to quantify and act on market growth opportunities, including diverse lending and recruiting strategies that support financial institutions' fair lending and Community Reinvestment Act (CRA) obligations. In fact, a comparison of iEmergent's U.S. Mortgage Origination Forecast against HMDA actuals shows that iEmergent predicted overall 2022 purchase originations with an accuracy over 99%.

To subscribe to Mortgage MarketSmart and gain access to 2022 HMDA data, request a demo.

About iEmergent

Founded in 2000, iEmergent provides mortgage lending forecasts and analytics to the lending, housing and real estate industries. The company offers an extensive variety of forecast and market intelligence products, including Mortgage MarketSmart, a visualization tool that helps lenders quantify how mortgage markets will change.

For more information, visit https://www.iemergent.com.

CITATION:

*NOTE 1: https://www.bls.gov/opub/ted/2023/consumer-price-index-2022-in-review.htm#:~:text=Consumer%20prices%20for%20all%20items,December%202021%20to%20December%202022

Related link: https://www.iemergent.com

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate, Reports and Studies

National Buyers Agents Association Announces Surprising Survey Results for 2023 Homebuyer Concerns

EVERGREEN, Colo. -- A National Buyers Agents Association (NBAA) survey of its members reveals surprising homebuyer concerns. Detailed results of the national survey are included in the association's blog section of its website.

Some survey results covered by the association's survey include:

1) What are first tasks for all potential home buyers to start the home buying process, and how can agents assist with that?

2) What is the number one concern of buyers this year?

3) How do agents help buyers negotiate the best price for a property?

4) What are the best tools these agents use to help buyers know what to offer in a declining market?

First Task for Property Buyers:

The association consists of over 1400 members nationwide. Of the ones who responded to the survey, over 90% had the following as a number one recommendation for fist-time buyers or seasoned buyers entering the market: "Get pre-approved with a recommended lender." This of course, assumes they are not already cash buyers who have proof of funds.

While this may be an obvious first step, of the 1,037 individuals who contacted the association last year to get a list of buyers agents serving their area of interest, one in ten had not taken that step. However, the association staff typically advises those who are not already pre-qualified or approved simply to ask their buyer's agent for a list of recommended local lenders. Some suggest that choosing a buyer's agent is the most critical first step since they oftentimes have unbiased access to local lenders with best rates and programs.

Surprisingly, almost 80% of association brokers thought an ordered list of first steps should always be offered to potential buyers, even when there is ample information about that on the internet. It seems that many homebuyers come to them unclear about how to get started on the home buying process.

Biggest Home Buyer Concern:

From the perspective of agents, the survey also addressed what they perceived as the biggest concerns of buyers who are considering a home purchase in 2023. Sixty-four percent said that the biggest concern of buyers is mortgage affordability. Eve Alexander of Buyers Broker of Florida, located in St. Petersburg, told the association that nearly all of her buyers had this as a number one concern since interest have been increasing since the beginning of the year.

Buyers agents and the lenders they work with are skilled at helping their clients look at how they can comfortably make mortgage payments without causing financial stress or hardship. Most association members nationwide concur that the market is currently still highly competitive.

A top-rated association member in Hawaii, Nikki O'Rourke of Eighteen Properties located in Honolulu, offered an important first task for the agents themselves: "Real Estate agents need to provide information about new developments in the area that offer special pricing for 'gap' housing. Gap housing is for buyers who earn too much to qualify for affordable housing, but who don't earn enough for the high median prices in our location."

How Top Agents Negotiate Best Prices:

Sixty-three percent of the brokers who participated in the survey said that the number one tool they use to help buyers know what to offer is a comprehensive market analysis. The "CMA" is also referred to as a "Comparative Market Analysis". The agent should also offer a detailed look at supply and demand within regions or even within neighborhoods.

Kelly Ercanbrack of United Real Estate located in Springfield UT responded, "I've done a detailed analysis of my market area since 2007. I'm able to show them exactly what is going on in the market and how that should impact their offer."

When helping a buyer find the best property at the best price, agents surveyed tended to write in their own strategies rather than pick from a list. Many provided a unique strategy that works for their area. Association member Michael Crowley, broker/owner of Spokane Home Buyers in Spokane, WA shared his best negotiating tool. He wrote in that he makes sure that he or someone that works for him is available to show a property on a moment's notice. This quick response helps his clients get ahead of other buyers. He also thought it was very important for agents in his office to keep up on the inventory and what properties are selling for. Knowing how many offers is important as well.

Some agents responded in the survey that their markets are not declining. Real estate trends are very location specific. This is where the skills of a good buyer's agent are critical for home buyers in 2023 and beyond. One survey respondent recommended that buyers work with a Realtor(r) who is skilled at negotiations. He or she should have good relationships to be able to find opportunities in the market that other agents may not uncover.

About The National Buyers Agents Association:

The National Buyers Agents Association is headquartered near Denver Colorado. It provides free services to home buyers for any location in the United States. The association provides access to experienced real estate agents who are experts in their local markets. These agents have valuable insights into neighborhoods and local housing trends that are important to home buyers. The blog summary on the website provides more details on what the survey revealed.

The association's primary goal is to connect buyers to the best buyer agents to ensure a smooth and successful home buying experience. They also can provide advice and recommendations to home sellers. Association staff are available 7 days a week and consumers can reach them directly at 800-383-7188. The public may also go to the association's website to get immediate access to members by location.

Learn more: https://nationalbuyersagents.org/

Related link: https://buyeragentsearch.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022