Allentown extends 2020 city real estate tax payment due dates

69 News | April 23, 2020

Allentown is aiming to help property owners during the coronavirus pandemic by extending city real estate tax due dates. The city will extend the discount period for payment of 2020 city real estate taxes until August 31. All 2020 city real estate tax paid or postmarked on or before August 31 is eligible for a 2% discount on the tax portion only of their 2020 city real estate tax bill. The measure also extends the deadline to pay the 2020 city real estate tax gross amount in full without penalty to December 31.

Spotlight

Keller Williams Realty, Inc. is the world’s largest real estate franchise by agent count, with approximately 790 offices and more than 134,000 associates across the the Americas

Spotlight

Keller Williams Realty, Inc. is the world’s largest real estate franchise by agent count, with approximately 790 offices and more than 134,000 associates across the the Americas

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BROKERAGE, AGENT

Growing Florida Real Estate Company Further Disrupts Industry by Offering Agents New 100% Commission Option

LIVING VOGUE REAL ESTATE | September 06, 2022

Living Vogue LLC, doing business as Living Vogue Real Estate, a Florida-based luxury real estate company, announced today it will begin offering agents a 100% commission compensation option. In addition to this new alternative, the brokerage adjusted its traditional commission plan, with higher take-home percentages, thresholds, and an added cap, making it much more attractive to accomplished agents. Earlier this summer the company shocked competitors when it announced it had terminated 10% of its workforce as underperforming. Today's news makes it clear that the company is going after the best, most successful agents as it continues to grow. "While most of the industry is tightening, we're investing back into our most valuable asset: our agents. By offering more extensive benefits and higher compensation than our competitors, our goal is to attract and retain the best talent and thereby offer the highest level of luxury real estate services to consumers," - Mark Coppens, CEO of Living Vogue Real Estate Following record growth in 2021, the brokerage has no plans of slowing down. With agents doing business across the state in six different REALTOR Associations, executives aren't shy about their bold plans to expand into other highly competitive markets. They credit the company's success to their fundamental shift in focus onto the client experience, beyond just the predictably impersonal transaction of buying or selling a home. By curating an upscale, uniquely luxurious experience for clients in their Showrooms; engagement, sales, and brand loyalty have been remarkable. Visit a Chanel boutique in an upscale mall and you'll see a line to get in stretching around the corner. Why wait in that line when you can buy the same handbag online? It's the genteel staff, complimentary champagne, and exclusive feel that are the hallmarks of a truly luxurious experience worth seeking out. Buying a multimillion-dollar home in paradise should feel just as luxurious as scoring that latest Louis Vuitton scarf at their flagship storefront on the Champs-Élysées. So, we've structured our unique Showrooms to focus on this client experience, and placed them in high foot-traffic upscale locations to give agents the tremendous lead opportunities, added Mr. Coppens. ABOUT LIVING VOGUE REAL ESTATE Living Vogue Real Estate, headquartered in Sarasota Florida, is all about the exclusive experience. From the moment you step into one of their swanky showrooms you're greeted with a glass of champagne or cappuccino, and treated to an enjoyable, glamourous experience all the way through closing. No matter your budget, they believe the process of buying or selling a home should be fun, exciting, and fulfilling. From arcade games and pinball to occupy your little ones, to a pool table and wine bar for the adults, their goal is to make turning the page of life's next chapter relaxing and rewarding. You won't find 'cube-farms' and stuffy receptionists at Living Vogue. Their reimagined workplaces foster highly creative and collaborative agents with the expertise and charisma to help make your real estate and lifestyle needs a reality.

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MARKET OUTLOOK

Coldwell Banker Real Estate Releases "The International Buyer's Guide to Purchasing U.S. Property"

Coldwell Banker Real Estate LLC | October 31, 2022

Coldwell Banker Real Estate LLC, an AnywhereSM (NYSE: HOUS) brand, released "The International Buyer's Guide to Purchasing U.S. Property," an in-depth collection of guidelines and best practices to demystify the buying process for international clients seeking to purchase property in the United States. The International Buyer's Guide also serves as a helpful resource to help Coldwell Banker affiliated agents better serve clients, and as a marketing resource for agents to build referral business globally. Key features in The International Buyer's Guide include: The Current Real Estate Landscape With travel bans eased, international interest in the United States real estate market is expected to increase due to pent up demand. In 2022, international buyers spent more money but purchased fewer properties than in previous years. According to the National Association of REALTORS®, while transactions further decreased, the dollar volume of foreign buyer purchases rose 8.5% to $59 billion between April 2021 and March 2022. Big Spenders: International buyers accounted for $59 billion in dollar volume for residential properties purchased. Cash Offers: 44% of international buyers paid all-cash for a U.S. property, compared to 24% among all existing home buyers. Real Estate Investment: 44% of international buyers purchased property for use as a vacation home, rental or both in the United States. Dream Locations The five U.S. states that attract the greatest number of international home buyers are Florida, California, Texas, Arizona and New York. While cities like New York and Los Angeles have traditionally attracted the most international dollars, secondary cities are on the rise, presenting as "hidden gem" opportunities. The Coldwell Banker Global Luxury program issued "The Report 2022," which includes "The Opportunity Index" that measures a market's percentage of annual price increase against the current inventory level. Partnering with a Trusted Advisor To ensure a smooth buying process from beginning to end, it's paramount that all buyers work with a trusted agent in their dream location. Coldwell Banker® affiliated agents are available to walk international buyers through each step. From setting up a budget and arranging financing, navigating the U.S. tax landscape to securing their dream home, Coldwell Banker affiliated agents provide around-the-clock support. "We're ecstatic to welcome back international investment into the U.S. real estate market. Gone are the days where the agent is just part of a transaction – today, they're a lifelong partner, helping consumers craft their dream life. The "International Buyer's Guide to Purchasing U.S. Property" offers prospective buyers a full-scale look at best practices, tips and recommendations when thinking about their next purchase." - Liz Gehringer, President of Affiliate Business and Chief Operating Officer of Coldwell Banker Real Estate About Coldwell Banker Real Estate LLC Powered by its network of over 100,000 affiliated sales professionals in approximately 2,200 offices across 40 countries and territories, Coldwell Banker Real Estate is a leading provider of full-service residential and commercial real estate brokerage services. The Coldwell Banker brand prides itself on its history of expertise, honesty and an empowering culture of excellence since its beginnings in 1906. Coldwell Banker Real Estate is committed to providing its network of sales professionals with the tools and insights needed to excel in today's marketplace and is known for its bold leadership and dedication to driving the industry forward. The brand was named among the 2022 Women's Choice Award® Most Recommended brands for customer experience and overall quality. Blue is bold and the integrity and values of the Coldwell Banker brand give the Gen Blue network an unbeatable edge. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.

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MORTGAGE AND LENDING

EMM Loans Partners with SimpleNexus to Drive Operational Efficiency and Boost Loan Revenue

SimpleNexus | September 30, 2022

SimpleNexus, an nCino company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced today that EMM Loans has chosen SimpleNexus’ Nexus Engagement™ and Nexus Origination™ to power an electronic mortgage experience, attract and retain top talent and garner more business for its retail, wholesale, correspondent and consumer direct lending channels. Founded in 2004, EMM Loans is a New Jersey-based lender offering private, direct and affordable mortgage loans. With 91 loan officers licensed in 38 states, EMM Loans provides best-in-class customer service using innovative technology. EMM Loans selected SimpleNexus to streamline its homebuyer experience, attract new business and drive referrals from real estate professionals. EMM Loans will leverage SimpleNexus as a recruiting and retention tool, using its mobile lead engagement tool, Nexus Engagement, and its from anywhere point-of-sale (POS) platform, Nexus Origination, to support collaboration with real estate agents and deliver a better borrower experience. SimpleNexus integrates with EMM Loans’ core technology stack, including its loan origination system (LOS), market analytics and product pricing engine (PPE) and customer relationship management (CRM) platform. “At EMM Loans, we support our expert team by giving them the innovative tools they need to attract more business and build lasting relationships, SimpleNexus creates some of the strongest digital homebuying tools for mortgage lenders. Adopting its technology will allow our loan originators and real estate partners to provide a streamlined homebuying journey that converts more borrowers and wins customers for life.” -EMM Loans Senior Vice President Brad Miller SimpleNexus is thrilled to partner with EMM Loans, a mortgage lender that cares about the experience of its team members and the communities it serves, We look forward to the opportunity to support the exemplary service and award-winning company culture that EMM Loans is known for,said SimpleNexus CEO Ben Miller. About SimpleNexus SimpleNexus, an nCino company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators.

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