mindset

Apache is functioning normally

Inside: Dreaming of ways to make money fast as a woman? Stop dreaming and take action. These are genius ways of making money online and at home.

Making money fast is crucial for maintaining a comfortable lifestyle, especially in the face of rising living costs. It can be the key to financial stability, providing additional funds to support and enjoy your lifestyle.

As a woman, you need to know how to make money fast.

This isn’t just about getting rich quickly. It’s about women gaining the freedom to live independently without financial constraints.

The feeling of financial security lessens stress; not having to worry over unexpected expenses plays a big role in your overall well-being.

This is what you want to do – make money fast!

Good news! You are in the right spot and I’ll show you my favorite ways to make money online.

Get into the right mindset, ladies! Making money fast isn’t just possible, but also liberating.

How can I make easy money ASAP?

Making easy money quickly can be achieved in various ways that utilize your skills and knowledge.

First and foremost, consider your own skills and expertise, and determine whether they could apply to jobs like cake baking, childcare, bookkeeping, house cleaning, or freelance writing.

This will tell you the easiest way for you to make money quickly. For me, I prefer to trade options in the stock market. Whereas someone else may choose babysitting or dog walking.

You need to find how to make money fast and we will help you with that decision.

Why Making Money Fast is Important

1. Makes it possible to live comfortably
2. Enables you to afford the best quality of life
3. Gives you the freedom to pursue your dreams
4. Gives you the freedom to live without financial constraints
5. Provides you with security and safety
6. Freedom to give back to your community
7. Freedom to choose how you spend your time
8. Opportunity to take risks and start a business
9. Provides you with a sense of power and control
10. Live without financial worry

This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.

Are you passionate about words and reading? 

If so, proofreading could be a perfect fit for you, just like it’s been for countless of readers! Learn how you can create a freelance business as a proofreader.

Check out this free workshop!

Bookkeeping is the most stable, reliable & simple business to own. This is how to make a realistic income -either part-time or full-time.

Find out TODAY if this is THE business you’ve been looking for.

How can I make a lot of money in hours?

Making income in a matter of hours for a woman is entirely feasible with a blend of freelancing, leveraging gig economy platforms, and capitalizing on your skills or assets. Here’s a quick guide for you:

  1. Consider freelancing: Establish your writing, graphic design, or programming services on platforms like Fiverr or Upwork.
  2. Dive into the gig economy: Sign up for TaskRabbit, Airbnb, or Turo to start earning.
  3. Try online tutoring or content selling: Proficient in any subject or have strong graphic design skills? Go for tutoring or sell your content.
  4. Indulge in buying & selling: If you’re good at purchasing low and selling high, then swap clothes or furniture, or even stocks.
  5. Take online surveys or join market research groups on sites like Swagbucks for a rapid source of income.

Remember, time management is crucial for balancing multiple streams at once. Don’t forget to schedule wisely!

How to Make Money Fast as a Woman

No matter who you are, making money can be tough. But if you’re a woman, it can feel impossible.

From getting paid less than men for the same job to having a harder time getting promoted, the deck is often stacked against us.

Just so you know that making quick money in one day won’t happen overnight.

So, I’m going to tell you the best ways to make money fast as a woman.

1. Sell Services

Selling your skills or expertise is a fast, viable way to earn money. It’s all about utilizing what you already know to provide value to others.

Identify your marketable skills, such as cake baking, freelance writing, bookkeeping or even organizing spaces.

Brainstorm which of these services people could pay for.

Remember, you can tap into both physical tasks, like house cleaning or pet-sitting, and digital ones, like creating digital printables or offering consulting in your field of expertise.

Expert Tip: Launch your service with a few testimonials, helping to build trust with potential customers from the get-go.

2. Freelance

Freelancing is a savvy way for women to stack up earnings fast, offering flexibility and complete control over the workload. It’s a ticket to dodge conventional office politics and punch above your earning potential.

Start by identifying your freelance niche. You can be a writer, graphic designer, or anything you’re skilled at. Many people use their transferable 9-5 skills to side hustle.

Then, create your profile on platforms like Fiverr, Upwork or Guru – be sure to showcase your accolades.

Set your rates, then start connecting with clients looking for your talent.

Remember, success in freelancing is driven by quality and consistency. So, sharpen your skills and always exceed your client’s expectations.

Freelancing may start as a side gig, but with dedication, it can grow into a full-time job.

3. Become a Product Reviewer

Being a product reviewer is an intriguing job opportunity for those who enjoy sharing candid feedback about their experiences with various products.

As a product reviewer, you are required to assess products often sent to you from diverse companies.

Your role involves providing a comprehensive review that could range from making an unboxing video to writing a detailed article about the product’s features and performance.

This kind of job requires an unbiased perspective and the capacity to articulate your thoughts and experience in a detailed, user-friendly manner.

Companies value this form of direct feedback as it provides them with significant data about their product’s strengths and weaknesses as perceived by an end-user.

4. Virtual Assistants

As a woman, becoming a virtual assistant could be your fast lane to earning a substantial income.

This is especially a great option if you’re excellent in organization and time management along with the need for flexibility.

For many becoming a virtual assistant with no experience is possible. And very lucrative.

Finally, for your best shot at success in this field, taking a course to improve your learning curve is extremely helpful.

Potential to earn up to $43,000 per year.

5. Sell Your Crafts

Ladies, have you thought of turning your love for crafts into a profitable venture?

Find out what crafts are in demand. The higher the demand, the more profitable it would be to make and sell these crafts.

Remember, profitability hinges on what you sell and how much you sell. Happy crafting!

While you are limited on what you can earn by what you can make, it is possible to make money doing something you absolutely enjoy.

6. Stock Trading

Stock trading may seem daunting but it can be a quick route to financial independence, especially for women.

With the right tools, information, and mindset, you can swiftly navigate the market and amplify your earnings. In fact, this is something Teri Ijeoma did herself.

Educate yourself on the basics before you invest. This is exactly what I did and my investment has paid off.

Always be aware of the risks involved in stock trading and proceed cautiously. However, building up an investing education is a wise decision.

Learn how fast can you make money in stocks.

7. Babysit

Babysitting is a versatile side hustle offering flexible hours and good earning potential.

It’s an ideal opportunity if you’re seeking quick, extra income and enjoy children.

Obtain optional certifications like CPR and first aid to enhance your appeal. Visit platforms like Care.com, Sittercity, or Urbansitter to create your profile and connect with clients.

8. Transcriber

One field that remains highly overlooked is transcription.

A transcriptionist listens to audio files and converts them into written documents.

Gain a thorough understanding of the industry. Check out this free webinar to get the basics right.

Consider specializing in legal or medical transcription. These niches often fetch higher wages.

You could easily make $3000-$4000 monthly, working on your own schedule.

Remember, practice and precision can help you achieve a lucrative transcription rate.

9. House Cleaning

Cleaning can be a rewarding gig, especially if you like tidying spaces.

Despite recognizing the need for a clean home, many people often struggle to find the time or energy to routinely clean their homes. This is where the prospect of a housecleaning business arises.

Busy homeowners, parents juggling work and childcare, elderly individuals needing assistance, and even businesses needing regular cleaning services are all potential clients for a housecleaning business. This demand provides a consistent income flow for those offering cleaning services.

In fact, individuals transitioning into this field of work can negotiate their wages with clients, potentially earning more than $15 an hour based on the complexity and demands of the job.

10. Sell Printables on Etsy

Selling printables is an effective and lucrative method to generate passive income.

Once printables such as planners, calendars, and journals are designed, created, and listed for sale on platforms like Shopify or Etsy, they can consistently produce income without requiring continual input or maintenance.

According to several experts, one of the keys to making substantial profits from printables is to differentiate your products.

Building upon this idea of making money from printables, the free Printables Workshop by Gold City Ventures offers comprehensive insights into the process of creating and selling aesthetically pleasing printable products online. This accessible course can be an excellent starting point for beginners looking to navigate the printables market.

Selling printables on Etsy might be the perfect venture for you!

11. Dog Walking

Looking for a fun-filled way to make some quick bucks?

Dog walking could be the right side hustle for you, especially if you’re an animal lover.

  • Easy to find jobs for dog walking.
  • Suitable for people with flexible schedules.
  • Offers an active way to earn money.
  • Option to select your rates with platforms like Rover.
  • High demand especially due to increasing pet adoptions and busy pet owners.

You can work when you need to and not take clients when you don’t want too.

12. Make Money Blogging

Blogging is a popular and prevalent way to earn money. Many blog owners are women who want the flexibility to earn significant money at their own pace and schedule.

Earning money through blogging allows you to focus on something you’re passionate about. Any topic that can provide value to an audience can be blogged about. Targeting a niche that has been overlooked by existing blogs can increase your blog’s potential earnings.

Starting a blog doesn’t require formal training, but it does require a willingness and ability to write effectively for an audience.

By employing monetizing avenues, like affiliate marketing and advertising, a blogger can boost their earning significantly.

Despite the vast number of existing blogs, the industry is very accommodating toward new voices, especially female voices. Thus, knowing how to monetize a blog can offer women many opportunities.

Remember, blogging is not just about earning fast bucks, it also needs consistent efforts. It’s rewarding but can start slow.

13. Ride-Sharing

Ridesharing is an excellent opportunity for women looking to make fast money. With apps like Uber and Lyft, you can earn an income simply by offering transportation services.

Here are a few tips to increase your earnings:

  • Consider driving during peak hours, weekends, or during special events to cash in on higher demand.
  • Choose busy locations such as city centers and nightlife spots to increase your chances of getting rides.
  • Maintain good customer service and ensure safe driving to uphold your rating and receive more ride requests.

14. Office Cleaning

Considering the hustle and bustle of the daily grind, office cleaning can be an untapped treasure trove for women seeking quick cash. Given the high demand and flexible hours, it’s an ideal source of extra income.

You must identify office premises needing cleaning services. Reach out to the owners or management, and propose your services.

Think about offering your services to offices in your local area. It’s a fast way to make extra money while managing your other commitments.

15. eBay Arbitrage

Looking to earn some quick money? eBay Arbitrage could be the game-changer you need.

Aimed mostly at women who love shopping, it’s about buying products cheaply and selling them on eBay for a profit.

  • First, hunt for bargains in thrift stores, sales, or online markets.
  • Go with high-demand items; electronics, collectibles, or brand sneakers are a good start.
  • Then, create your eBay store and list your finds at a competitive but profitable price.
  • Track each item’s demand through keyword research and buyers’ reviews.
  • Remember to calculate potential profits inclusive of shipping costs and eBay fees.

Armed with the right strategies, you can start earning with eBay in no time!

16. Freelance Writing

Did you know your writing passion can become a quick buck-making engine? That’s right, freelance writing is a gold mine you ought to tap.

First, identify a writing niche you love. It’s easier to excel when you’re passionate about your work.

Continually hone your writing skills. The more you practice, the better you become and the more valuable your skills. Finally, don’t be shy to market your skills. Reach out to small businesses and startups—they often need freelance writers.

Remember, quality over quantity will earn you a solid reputation in the long run. Now, go turn those wordy wonders into wealth!

17. Online Surveys

Curious about making a quick buck? Engaging in online surveys can be a fast money-making method just for you!

You don’t earn a huge amount per survey but when taking multiple surveys, it will add up fast.

Here are the top legit survey platforms:

Use your free time wisely. Take surveys during work breaks or leisure hours.

Redeem points for PayPal cash or gift cards.

18. YouTube Channel Building

Building a YouTube channel can be an interesting and rewarding venture.

It provides an incredible platform to share your content, express your creativity, and engage with a global audience. Whether you want to showcase your talents, teach something unique or simply entertain, having a YouTube channel opens up many opportunities.

Effective engagement with your audience is vital.

Last but not least, patience is something you will need in abundance. Building a successful YouTube channel takes time, so don’t lose hope if you’re not seeing immediate results.

Remember, there’s no limit to what you can achieve with your YouTube channel. It all comes down to how creatively you can use this platform to engage with your audience and grow your presence.

19. Bookkeeper

In our increasingly digital age, online bookkeepers are in high demand, with more businesses choosing to move their financial operations to the online platform. This shift in business operations has created a robust opportunity for those trained in bookkeeping to tap into the market and earn income while working from the comfort of their homes.

To be successful as web-based bookkeeper, you need to be well-organized and have previous experience dealing with numbers. However, even without a formal accounting education, individuals can take advantage of online learning platforms like Bookkeepers.com to learn and sharpen their bookkeeping skills for free.

Becoming a virtual bookkeeper is not just a fantastic full-time job opportunity; it’s also an excellent side hustle for women and mothers proficient with numbers. It provides flexible hours and allows the freedom to work from anywhere, making it ideal for those juggling multiple responsibilities.

The financial compensation for an online virtual bookkeeper is quite significant. On average, bookkeepers can earn at least $50000 a year helping business owners manage their finance and bookkeeping online.

20. Start a Dropshipping Store

Dropshipping is a viable option with low startup costs that lets you run an online store without handling any physical products.

There is still plenty of time to get into the dropshipping business.

Start by deciding what products to sell. Find a niche you’re passionate about for a higher chance of success.

Remember, a successful dropshipping venture involves effective marketing as well. So invest time and effort into perfecting your advertising tactics.

21. Do Clerical Work

Clerical work offers flexible, remote opportunities for women to make quick money.

With adequate admin experience and internet access, you can explore roles like Virtual Assistant, Online Data Entry Professional, or Court Transcriptionist.

This is one of the best non phone work from home jobs.

Experts tip: Perfection and punctuality are key. Attention to detail and meeting deadlines can make you stand out.

22. Resell Clothes

Reselling clothes online is a savvy way to turn your clutter into cash, especially if you love digging for hidden gems.

It’s a popular method for fast cash flow, with Poshmark and Facebook Marketplace being perfect platforms. One of my friends is very successful with this!

  • Begin with your own closet, and sell kids clothes they have outgrown too.
  • Reinvest your earnings, by buying second-hand clothing to resell can boost your profits.
  • Don’t forget quality. Run a quick check for authenticity and brand labels.
  • Visuals sell. Stage items and capture high-res photographs.
  • Providing a great customer experience is key, ensuring prompt shipping and maintaining politeness.

Play your cards right, you could earn anywhere between $100 to $1,000 a month or even reach a six-figure yearly income.

23. Do Home-Based Child Care

Home-based child care is a viable option to earn money, leveraging the natural maternal instincts and caregiving skills of many women. It can be a lucrative side hustle and a means to financial independence.

This is especially a great avenue to pursue when you are already at home raising your own children.

Make sure to follow any state regulations about running a daycare out of your home.

Begin by determining the number of children you can handle at a time, taking care not to overbook.

24. Podcasting

Podcasting is a wonderful opportunity for delivering narratives. It enables you to weave compelling stories while inspiring, instructing, or simply entertaining your listeners.

The unique format of podcasting lets you connect with your audience on a personal level. They listen to your voice, engage with your thoughts, and feel a stronger connection to you.

By starting a podcast, you are joining an increasingly popular trend, with the global number of podcast listeners has grown to 464.7 million listeners in 2022 (source).

Podcasting also opens up doors for networking and collaboration. You can invite experts, artists, or like-minded individuals as guests on your show, thus expanding your network.

There’s a potential to earn from podcasting. With affiliate marketing, sponsorships, and advertising, the commercial possibilities of podcasting are extensive.

25. Merch by Amazon

“Merch by Amazon” is a print-on-demand service that allows you to design and sell your merchandise.

It’s a great money-making alternative as it offers massive exposure and doesn’t require any upfront costs.

One of the significant advantages of using Merch by Amazon for passive income is that you are not required to maintain inventory or deal with shipping. Amazon handles these aspects, allowing you to focus on the creation process and customer satisfaction.

Amazon’s royalty system ensures that you get paid instantly whenever your merchandise is purchased. This allows you to earn money passively with every sale.

When your designs meet the current market trends and the preferences of your customers, they are more likely to be popular, leading to an increase in sales, hence, higher passive income.

26. Become an Influencer

Becoming an influencer is a smart, quick way for women to make money. While most people just stumble upon becoming an influencer, you can decide to pursue this avenue.

With earning potential that is unlimited, this opportunity is flourishing, requiring no specific degree or job experience.

Remember, platforms like TikTok, Instagram and YouTube reward new, engaging creators.

Dedication and consistency could lead you to major earnings where you make thousands for each post.

27. Work as a Translator

Having mastery in more than one language opens up a world of opportunities, particularly in the realm of translation services. The ability to translate language effectively and accurately is a skill that’s in high demand in the current globalized world.

A top benefit of being a freelance online translator is the flexible work environment. You have the freedom to choose when, where, and how much you want to work. This flexibility for work-life balance is more appealing now than ever, especially in the unsteady job market.

Freelance translators also have access to a wider client base. Unlike full-time translators who work for specific organizations or agencies, freelance translators can work with various clients from all over the world, widening their potential income streams.

The need for translators is projected to grow substantially. In the United States alone, the U.S. Bureau of Labor Statistics reports that employment for interpreters and translators will increase by 20% from 2021 through 2031, which is much faster than the average for all occupations.

Among other freelance professions, translation can often provide a more stable income.

As most sectors including education, legal, business, medical, and technological firms continue to globalize, they regularly need translators to bridge the language gap, making freelance translation services a steady income source.

31. Become a Flipper

Becoming a flipper is a high-return, low-investment way to make money fast. It involves buying low and selling high, perfect for those wanting a profitable side hustle.

Here are actionable steps to kickstart your flipping journey:

  • Identify items to flip: Popular options include toys, clothes, electronics, books, and furniture. Pro-tip: Sell things you have around your house to start risk free.
  • Choose a selling platform: Sell locally via Facebook groups or Craigslist, use reselling apps like Decluttr, or open an online store on eBay.
  • Price it right: Pricing items competitively garners buyer interest and maximizes profit.
  • Learn more: Free webinars, like Flipper University and the Flea Market Flipper, offer insights for a successful flipping business.

Remember, flipping can be more than just a side hustle; it’s a potential full-time career.

32. Micro-Tasking

Micro-tasking offers a quick way for you to earn money by completing short and simple tasks.

As its popularity grows, so does the list of platforms where you can find micro-jobs. Here are the popular platforms.

This allows your the flexibility to work whenever you want. Plus no special skills or degrees are needed.

Just note… This is not a stable income source

Tips for Finding the Best Way for You to Make Money

As you can see, there are many different ways to make money fast as a woman.

You can find the best way for you by considering your skills, interests, and the amount of time you have available.

Here are some helpful tips to make sure you are earning money quickly.

1. Identify Your Skills and Offerings

You’re already gifted, let’s transform those skills into fast cash.

Make a list of your skills, passions, and expertise; you can tap into anything from programming to knitting.

That is where you want to start.

From personal experience, I can tell you it is way easier to work on a side hustle or business when you are passionate about the topic.

Remember, the digital world is your playground, so play, innovate and cash-in.

2. Research the Best Ways to Make Money

Now, that you know the skills and experience, look at the list above and determine which ones match up.

You will need to spend time watching a free webinar to learn more.

Compare different money-making ideas. From part-time jobs to freelancing, there’s a plethora of options. You need to pick what works best for you.

Remember, generating a consistent income requires effective strategies and the right mindset. So choose wisely!

3. Try Different Ways to Make Money – Not Just 9-5 Jobs

It’s vital to explore different money-making strategies as a woman for financial stability and independence.

Just because one avenue didn’t work out doesn’t mean you should throw in the towel.

Remember, the key to success is perseverance, so pick something you’re passionate about and stick to it. Try not to jump from one idea to another out of impatience; success takes time.

Also, as your revenue increases, start building a lifestyle business for passive income.

4. Focus on the Things You Are Good at

Unlock your financial potential by recognizing and utilizing things you’re excellent at.

To cash in fast:

  • Identify your standout skills. These could range from writing, fine arts, math, e-commerce to digital marketing or even passions such as sports and hobbies.
  • Assess the viability of earning via your skills. Research shows that the digital economy is filled with opportunities.
  • Exploit platforms that cater to your expertise. For freelance gigs, you can try platforms like Upwork, Fiverr, or Guru.

There are so many ways to make money online as a beginner. So, indulge in the digital playground, embrace exploration and innovation, and let your skills earn for you.

5. Find Opportunities That Allow You to Work Flexibly

You can choose when to work and when not to, rather than being constrained by a 9 to 5 workday. The flexibility to create your schedule means you can operate at your most productive times, whether that’s early in the morning or late at night.

Working from home or any location across the globe enables a better work-life balance, reducing stress and improving productivity. This is particularly beneficial for those who have families or are committed to other obligations.

When working for yourself, you may have the potential to earn more than traditional salaried roles.

Lastly, making a living from your passion is huge!

You are being paid to do what you love anywhere, anytime which is rare and precious.

6. Consider Specializing in a Niche Subject

Specializing in a niche subject can elevate your earning potential quickly, owing to smaller competition and a personalized audience.

Being a subject matter expert in a specific area can provide you with an edge over your competitors.

Specializing in a niche can help you stand out and garner a dedicated audience, ultimately leading to faster earnings.

Remember, the key to making money faster in your specialized area is persistence and patience. It may take time to build a strong following, but once you do, the financial rewards can be substantial.

Stick to your chosen area, continuously learn and improve, and consistently deliver high-quality content to make your mark in your chosen niche.

7. Take Advantage of Trending Opportunities

Jumping on trending opportunities can be a gold mine, especially for women who want to make money fast from home. These ever-evolving trends tap into various skill sets, interests, and experiences, potentially translating into a lucrative gig.

For many, it may have been TikTok when the company first started.

Remember, the digital world holds limitless potential. Just needing to innovate and execute your ideas!

8. Invest in the Right Tools and Equipment

The key to making money, either online or offline, is making an informed investment of your time into the right tools, equipment, and learning resources.

While this can initially seem like an expenditure rather than a money-making step, it is, in fact, a cornerstone of your financial growth strategy.

Investing time in learning and increasing your knowledge base is vital. This could mean spending your time reading about new insights in your area of work, attending webinars, or enrolling in online courses. The ROI of this proactive learning is immense.

Consider this an opportunity or a catalyst that speeds up your journey toward substantial income generation and financial freedom.

9. Commit to Consistent Efforts

Commitment to consistent efforts is the cornerstone of any successful endeavor, more so when running your own side hustle.

One of the fundamental principles for making money is the dedication to keep improving your craft, always learning, and always evolving.

This continual effort involves a long-term commitment to staying updated with the latest writing trends, styles, and industry standards.

With persistence and patience, the fruition of your investments will lead you toward the fulfillment of your financial dreams.

10. Utilize Social Media Platforms to Promote Your Business

Social media platforms are powerful tools for business promotion, and when used strategically, they can lead to fast monetary gains.

Understanding how to effectively utilize these platforms can drastically enhance your chances of making quick bucks.

  • Start by creating a robust online presence for your business on various social media platforms. Remember, consistency is key to building your brand.
  • Engage with your audience frequently and respond to their comments. This boosts engagement on your posts.
  • Post content that is engaging, relevant, and aligns with your business values.

Always monitor your performance using social media analytics to understand what works best for your audience.

Which side hustles for women have you tried?

Personally, here are the side hustles I have done or currently do:

  1. Stock Trading as a swing trader
  2. Online Content Creation
  3. Social Media Influencer
  4. Online Consulting
  5. Pet Sitting or House Sitting
  6. Teaching Dance Lessons
  7. Personal Organizer

However, I know many people that have tried the ones listed above.

So ladies, which of these enticing hustles appeals to your skills and schedule the most?

FAQ

Stay-at-home moms have numerous opportunities to earn money from the comfort of their homes. Plus being able to bump up your household income while juggling parenthood is the perfect combination.

Find the best jobs for moms specifically!

Any of these opportunities requires dedication and consistent effort, but with time they can all yield substantial returns.

Thankfully, there are many ways for women to make money online.

Above we covered all of the interesting ways and many are online.

Remember, opt for an avenue that suits your skills, interests, and time availability.

Well. the answer to this will depend on who you speak with.

Personally, I find ways to build passive income with your side hustle as the best option. Then you aren’t trading your time for money.

As a woman, many opportunities are right at your fingertips. The most popular and profitable include:

  • Start a blog: With consistent readership, you can make thousands from ad revenue and sponsored content.
  • Virtual assistant: Services can fetch around $10-30/hour.
  • Social Media Management: Businesses are willing to pay up to $1000-2000 per month for proficient managers.
  • Bookkeeping: On average, freelance bookkeepers earn around $34/hour.
  • Selling products online: Sites like Etsy, Amazon FBA, or your own platform can earn you a substantial income with a successful shop.
  • Trading Stocks or Options: by improving your investing knowledge, you can quickly increase your net worth.

Remember – it all starts with a step. Your side hustle could turn into a full-time passion!

This is How to Make Money from Home as a Woman

In conclusion, as a woman, there are plenty of genius and fast ways for you to make money.

The article underlines the significance of grabbing the reins of your financial future.

Through the strategies shared – including investing in stocks, working from home, or using budgeting hacks, you can boost your income significantly.

One of the concepts, I’m big on is making sure you know how to make your money work for you.

With wise decisions and being open to possibilities, your financial independence is within reach.

Remember – the ball is in your court, so make sure to take that shot and score your financial goals. It’s high time to cash in on your potential!

Know someone else that needs this, too? Then, please share!!

Source: moneybliss.org

Apache is functioning normally

School can be a place of growth and learning, but certain subjects can feel like a burden for many students. From the complexities of Math and Calculus to the seemingly dry topics of History and Literature, students often dread a range of subjects. In this article, we look closely at some of the most universally hated school subjects, examining what makes them so challenging and why students often dislike them. Whether you’re a student or just looking to understand the perspectives of those who are, this article provides insight into the struggles and frustrations of the modern-day student.

1. Math

Photo Credit: Shutterstock.

There’s no denying that Math is one of the most hated subjects in the world. While math is logical and follows distinct rules, people tend to hate it because of the intense and complex calculations, notes and often lack of really good explanations by the teachers.

2. Physical Education

This is one of the most hated, especially for out-of-shape students. It’s hard to exercise, stretch, run, jump, and play other sports when you’re out of shape, and regardless of how fit you are, it’s always harder to exercise than chill with some video games. 

3. History

When you hear history, what comes to mind is usually boredom! Many students wonder why they should have to learn about what a bunch of old people did in the past. That’s what students think of when they hear “History Class”, and to some extent, they’re right; it can be a total bore if it’s taught as a list of facts to memorize for a test. Perhaps more than other subjects, having an interesting teacher can make or break your history class.

4. Literature

Photo Credit: Shutterstock.

Literature is by far one of the most subjective topics in school because there are fewer hard-and-fast rules, as there are in science, math, and history. Also, because you would have to read and understand the full book for each of the exams, homework can be lengthy and challenging. The questions are deep, and students need to read between the lines before attempting to answer the questions. Some students love literature, but for those who don’t, it can turn into a big challenge really quickly.

5. Philosophy

Philosophy is by far one of the most challenging and boring at the same time because it just asks questions, raises questions, and can be so confusing all at once. Philosophy has even fewer rules than literature and is intended to leave students with more questions than answers. While it can be really interesting and pushes students to think well, philosophy is not a favorite subject. 

6. Psychology

This can be similar to philosophy, but it deals with studying and understanding mental processes, which could be often referred to as a science. Still, it’s a very complicated one that depends a great deal on knowing the ins and outs of human nature. Psychology is more of a science of thinking, but even though so many students can’t quite wrap their heads around it, it greatly benefits society. 

7. Chemistry

Photo Credit: Shutterstock.

Chemistry is a major science subject with a lot of twists and turns, which can be quite difficult to understand, especially if you don’t have a great teacher. Chemistry is one of the sciences that involves a lot of math, so it’s a double whammy; if you hate math, you might not like chemistry. The bottom line of this subject basically becomes self-study which can be quite difficult for some students.

8. Calculus

Hailed as the most hated subject by college students, advanced math and calculations leave many students confused. There’s a lot of material to calculus, and professors have to move quickly, so anyone who doesn’t already have a good grasp of the subject or doesn’t keep up on their homework can easily get confused and left behind by the rest of the class.

9. Social Studies

Photo Credit: Shutterstock.

Social studies is a subject very similar to history, but it studies the way that laws, social responsibilities, and culture all play into each other. Social Studies deals with man and his environment, so it has a lot of both history and the ways that people interact with the world around them, almost like a combination of history and psychology. If you struggled with one or both of those subjects, then social studies might be challenging for you.

To wrap things up, the most hated school subjects vary from student to student, but there are some that seem to be universally disliked. Whether it’s the subjective nature of literature or the confusing theories in philosophy, these subjects can make the learning experience a challenge for many students. But for all the students out there who are struggling with their least favorite subject, remember that perseverance and a growth mindset can help you overcome any obstacle.

25 Blockbuster Films With Behind-The-Scenes Turmoil Unknown to the Public

Image Credit: 20th Century Fox

Several big movies with significant nightmare productions have some seriously delicious tea. After a recent poll on the internet, here are twenty-five films with disasters that made filming difficult.

25 Blockbuster Films With Behind-The-Scenes Turmoil Unknown to the Public

Image Credit: Shutterstock – Denis Makarenko

Who is one actress you can never stand watching, no matter their role?  After polling the internet, these were the top-voted actresses that people couldn’t stand watching.

10 Actresses People Despise Watching Regardless of Their Role

These 7 Celebrities are Genuinely Good People

Photo Credit: Shutterstock.

We’ve all heard the famous adage that “no publicity is bad publicity,” and while it tends to be accurate, there are certainly exceptions. But what about those few stars who stay out of the limelight and get along without a hint of trouble? 

These 7 Celebrities are Genuinely Good People

25 Extraordinary Sequels and Remakes That Outshine the Originals

Image Credit: Rosebud Releasing Corporation

Every once in a while, a movie sequel or remake surpasses the original film. After polling the internet, “Name a single movie where the sequel or remake was better than the original?” Here are the top-voted responses.

25 Extraordinary Sequels and Remakes That Outshine the Originals

Image Credit: Troma Entertainment

We’ve all been there – sitting through a movie that we can’t help but cringe at, but somehow it still manages to hold a special place in our hearts.

These 10 Terrible Movies Are Still People’s Favorites



About the Author



Dan Williams



Source: financequickfix.com

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Broker Pricing and Non-QM Products; Seminars and Conferences; Rates Higher on Producer Prices

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Broker Pricing and Non-QM Products; Seminars and Conferences; Rates Higher on Producer Prices

By:
Rob Chrisman

Fri, Aug 11 2023, 10:22 AM

As the MMLA conference wraps up (congratulations to Dan Grzywacz, CMB, and nearly 40-year industry vet, who was this year’s James T. Barnes Award winner), the conversations still involve some seemingly endless topics. One of which is W2 versus 1099. There’s been a lot of “quacking:” about whether originators can be paid as independent contractors (1099) or need to be employees (W-2). Mortgage Muser and attorney Brian Levy has some new thoughts on this topic that are worthwhile even if he “ducks” providing legal advice in his entertaining and insightful mortgage blog. View past editions of the Mortgage Musings and subscribe to get emailed about new postings for free here. Another is sticky higher interest rates, and today at 3PM ET, Skylar Olsen, Zillow’s Chief Economist, will be co-hosting The Mortgage Collaborative’s Rundown, covering current events in the economy and mortgage market for 30-45 minutes. And there’s volume. According to Curinos, July 2023 funded mortgage volume decreased 30% YoY and 13% MoM. Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures. (Today’s podcast can be found here and is sponsored by SimpleNexus, an nCino Company, developer of mortgage technology uniting the people, systems, and stages of the mortgage process into one seamless, end-to-end solution. Hear an interview with Equifax’s Joel Rickman on leveraging income and employment verifications during the home equity line of credit (HELOC) origination process.)

Lender and Broker Software, Products, and Services

“Brokers can now shop, lock, and deliver on one platform that seamlessly connects brokers, lenders, and originators. In this market, hustle is everything. You can’t afford to waste a single deal… Or a single minute. That’s why ReadyPrice has launched its innovative new Shop, Lock & Deliver loan exchange platform, designed to help independent mortgage brokers like you save time and money. Now you can shop competitive loan offerings from multiple lenders, get rate lock guarantees in real time, receive underwriting findings, and deliver the borrower’s complete loan file to lenders, and all on a single platform, at no cost to brokers. It’s the industry’s most powerful universal delivery portal, and it’s already helping thousands of brokers around the country thrive and compete in even the toughest market environments. Multiple lenders. One platform. Zero b.s. Come check us out today.”

Mega Capital Funding is proud to be a 25 yr. partner to the broker community. The team at Mega Capital continues to grow and expand across the US. Mega has recently added another 10 outside AEs across the country to further support the broker community. The team at Mega is also expanding our products this month with additions to our Non QM suite. ITIN is new and improved along with our Expanded DSCR options which also includes a No Ratio DSCR. We at Mega are looking to continue to be a destination for brokers and bankers to find all their lending needs under one roof. Conv, FHA, VA, USDA, Jumbo and Non QM. Mega Capital is also excited to be at NAMB this year. Please come by and see us in Vegas.

Looking Ahead to Conferences and Training

A good place to start is here, and click on “events.”

The Mississippi Mortgage Bankers Association is holding its fall conference September 7-8 in Jackson. Our theme for this year is “Building a Strong MS” We are focusing on building relationships, strategies, and opportunities for the real estate housing industry in MS. Our fall conference is open to loan originators, realtors, and other industry affiliates. Realtors will receive Continuing ED (CE) credits for attending the Fall Conference.

Save the dates of September 10-12 and join lending professionals from the Pacific Northwest at the Riverhouse in Bend, Oregon, for the Pacific Northwest Lenders Conference. This event promises to be a catalyst for professional growth, offering a unique platform to expand knowledge, build valuable connections, and elevate lending businesses in the region.

Prepare to be amazed and delighted when you swing by the Plaza Home Mortgage® booth at the NAMB National Conference, September 8-11, at Caesars Palace in Las Vegas.

Register for free with the code PLAZAFREE and pop by Plaza’s booth #607 or schedule a meeting with us at [email protected].

Zelman’s Virtual Housing Summit is September 18-21, though not exactly in person.

Network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards at MISMO’s Fall Summit, September 18 – 21 in Washington, DC

New To MISMO? Check out this 20-minute presentation “Intro to the MISMO Summit Experience” to learn what to expect and how to best prepare so that you get the most out of the Summit.

AzAMP Annual EXPO, Luncheon, and 8-Hour NMLS CE Class, September 27–28, at the We-Ko-Pa Resort and Casino. Begin your experience on Wednesday, Sept. 27 with Part 1 of NMLS CE class. Full day of events begins on Thursday, September 28 including NMLS CE class Part 2, Luncheon with Keynote Speakers Allen Beydoun, UWM Executive Vice President and Rob Chrisman, The Chrisman Commentary Daily Mortgage News, followed by the AzAMP Expo.

Watch on demand, at your leisure: Millennials and Gen Zers represent the largest group of first-time homebuyers. In less than 10 years, 3.1 million will have entered the market. Of these buyers, roughly 75 percent of them report checking social media daily. Making social media a necessary strategy for loan officers. Join Homebot’s VP of Marketing, Ashley Remstad and Mortgage Advisor Sosi Avila as they discuss key strategies and tactics for using social media to your advantage. Register for the webinar here.

It’s time to register for the New England Mortgage Bankers two-day Conference, September 13-14 in Portsmouth NH. Multiple venues all within walking distance for a new NEMBC experience.

Register for the AzAMP Annual EXPO, Luncheon, and 8-Hour NMLS CE Class on September 27th and 28th at the We-Ko-Pa Resort and Casino. Don’t miss Luncheon Speakers Allen Beydoun, UWM EVP, and Rob Chrisman, The Chrisman Commentary Daily Mortgage News. Stay the night at the resort and attend all the events.

Registration for the NCEO 2023 Fall Forum in Houston, September 26-28 is now open. Featuring top industry experts and thought leaders, the forum will update you on the latest trends and best practices in employee ownership. Network with other employee owners and industry professionals from across the country, sharing ideas, challenges, and successes.

Secure early-bird pricing through June 23rd. From close-knit conversations to invigorating keynotes, the forum is the place to rocket your company into the stratosphere.

MBAC 67th Annual Convention Oct 1-4, 2023 at the Francis Marion Hotel, Charleston, SC.

Sponsorship opportunities available, reserve your room at the Francis Marion Hotel use Promo Code MBAC2023 for special rate, Last Day to reserve at this rate, September 11, 2023.

Mark your calendars and make plans for ACUMA’s 2023 Annual Conference! Registration is now open for the biggest event tailored for the credit union mortgage professional. This year’s theme, Make Your Mark, is the largest and most comprehensive event on ACUMA’s education calendar and is scheduled for Oct. 1-4 at the Gaylord National Resort in National Harbor, Maryland, just down the Potomac River from Washington, D.C. Make plans now to attend this year’s largest gathering of mortgage lenders, and plan to continue to Make Your Mark in credit union mortgage lending! Here’s the link to register! ACUMA 2023 Annual Conference.

At Turning Stone Casino & Resort, Verona, NY., October 4th at 12:00 PM – October 6th at 12:00 PM (EDT), NYMBA 2023 Annual Convention & Golf Tournament, a premier event that brings together industry leaders, professionals, and innovators in the mortgage banking sector. This convention serves as a platform to foster collaboration, share knowledge, and explore emerging trends, ultimately shaping the future of the mortgage banking industry in New York and beyond.

As we celebrate America’s independence, we have many other reasons to celebrate as well. This October 15-18, we’re taking the original gathering of real estate finance professionals to the birthplace of our country, and we’re celebrating some of the reasons you’re going to love it: MBA’s Annual Convention & Expo 2023.The largest annual gathering of real estate finance professionals, this is the one event you need to gain access to the industry’s power players and innovators. Be inspired and get informed by engaging speakers on the Main Stage. Meet with dozens of exhibitors in THE HUB and get hands-on access to the latest products and services. Dive deep into Breakout Sessions to get the insight you need on all the facets of the business.

There’s only one venue where you can get timely updates on where the reverse mortgage industry is headed, the 2023 Annual Meeting & Expo, October 23-25 in Nashville, TN.

Get the latest news on the HECM program. Learn about proprietary product opportunities. Find out what other regulatory changes are forthcoming. Pre-sale registration, the lowest registration rate, expires at midnight (Eastern Time) on Tuesday, August 22.

The kind of news you want to know, VIBE 2023, a very important broker exchange, is here! What is VIBE 2023?* The biggest growth mindset event for Mortgage Brokers featuring a VIP lineup of some of the most influential speakers in the country! Join us at the Westin South Coast Plaza in Costa Mesa, CA on 10/24/2023. Register to attend using your UNIQUE CODE**, provided by your Kind Account Executive. Learn more by visiting here. *VIBE 2023 event is open to all licensed Mortgage Brokers in the United States. No commitments to establish a partnership with Kind Lending are required to attend. **Unique Codes are provided by your Kind Lending Account Executive. If you do not have an account executive or are not yet working with Kind TPO, email us to learn more.

TMBA is working through the summer planning outstanding events including the 6th Annual Mortgage Symposium, November 6-7 at the Westin Dallas Southlake Hotel in Southlake TX. The Texas Women Mortgage Bankers event will be held on November 6 at the Westin Dallas Southlake Hotel.

October Research, LLC is happy to bring back the Women’s Leadership Summit (WLS) for its second year. It will be held November 6-7 at the Naples Grande Beach Resort in Naples, FL. We are now accepting registrations and speaker nominations! Built around the four pillars (Develop, Grow, Support and Empower) WLS provides attendees with the tools for success in a fun and supportive environment. Attendees come from across the country to learn from our visiting experts and each other about how to meet their goals. Visit OctoberResearchWLS.com for more information.

Capital Markets

Not only do the earth’s temperatures keep going higher, but inflation does as well, but at a slower pace! It was revealed yesterday that the consumer price index rose a temperate 0.2 percent in July and 3.2 percent year-over-year, matching consensus expectations. That marked the smallest back-to-back gains in more than two years, adding to a steady wave of disinflation in recent months. Excluding the volatile food and energy components, the “core” index rose 4.7 percent year-over-year versus 4.8 percent in June. The index for shelter accounted for 90 percent of the increase, but is almost back to pre-pandemic levels and will continue to moderate after home price appreciation peaked last year.

While the recent trend is encouraging and confirms that inflation is headed in the direction the FOMC wants, it’s likely premature to get overly excited about a sustained return to the Fed’s 2 percent inflation target. The Fed’s fear is that a pause will reignite home price appreciation, exacerbate the affordability problem, and push inflation higher. Look for the Fed to leave interest rates unchanged at the next policy meeting in September, but add the caveat that the job isn’t done yet. Initial claims also moved in a direction last week to corroborate the thinking that there is some softening in the labor market, which is what the Fed expects and hopes to see. However, bond yields rose by the day’s close after the U.S. Treasury closed out this week’s auction slate with a weak $23 billion 30-year bond offering.

Today’s calendar kicked off with MBA reporting that the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.37 percent of all loans outstanding at the end of the second quarter of 2023, down 19 basis points from the first quarter of 2023 and down 27 basis points from one year ago. The percentage of loans on which foreclosure actions were started in the second quarter fell by 3 basis points to 0.13 percent.

We’ve also received the July Producer Price Index, which increased .3 percent month-over-month and .8 percent years-over-year versus 0.2 percent month-over-month and 0.6 percent year-over-year expectations and both 0.1 percent month-over-month and year-over-year previously. Core PPI rose (), +2.7 year over year. The only other release scheduled for today is at 10AM ET with the preliminary August Michigan sentiment. We begin the day with Agency MBS prices worse .125-.250 from last night and the 10-year yielding 4.13 after closing yesterday at 4.08 percent.

Employment and Transitions

“Keith McKay, CEO of Prime Choice Funding, invites you to participate in reshaping the mortgage industry. Our mission for 2023 is to become the top mortgage broker in the nation. Join our team and expand your professional horizon with our diverse loan programs, flexible compensation plans, and a unique opportunity to earn extra by offering solar solutions to your clients. Backed by comprehensive marketing resources, cutting-edge platform, and robust operations support, your potential for growth is limitless. With a history dating back to 2007, Prime Choice represents stability and innovation in finance and sustainability. Register for our webinar today and explore these rewarding opportunities.”

The Maryland office of USA Mortgage has added nationally prominent Loan Officer, Sam Rosenblatt, to its roster. Rosenblatt joins William “Bill” Sohan in his venture to expand USA’s national footprint. Active in the mortgage industry since 1995, Rosenblatt was the #1 producer in units in Maryland in 2021, filing 978 closed loans valued at $338,087,603, and is among the top 50 originators in the nation. “I’m excited to join USA Mortgage because they have great loan options for my clients, state-of-the-art marketing, and cutting-edge technology that makes the mortgage process as efficient and smooth as possible”, he said. Founded in St. Louis in 2001, USA has offices in 34 states and is licensed in 49 states plus the District of Columbia. For a confidential conversation about joining USA, contact Brooke Anderson at 609-500-1520.

Switching gears, Michael Dresden, the President of Dart Appraisal, sent the sad news that Tim Laden, Dart’s Chief Appraiser, passed away. “Tim impacted so many appraisers across the country through his love for coaching and mentoring. Tim was such an asset to Dart and helped us elevate many areas of our business. We’re better because of Tim.”

 Download our mobile app to get alerts for Rob Chrisman’s Commentary.

Source: mortgagenewsdaily.com

Source: goodfinancialcents.com

Apache is functioning normally

Most homeowners opt for fixed-rate mortgages because there aren’t any surprises. Many of them go with a 30-year term because it’s the norm, and also because it allows would-be homeowners to buy a lot more home.

The major downside is that a 30-year fixed mortgage takes 30 years to pay off. In other words, you pay a whole lot of interest over three decades, and you don’t really own much of your home for the bulk of the amortization period.

In fact, it’s not until late in the loan period that payments go primarily toward principal, as opposed to interest.

This can create problems down the road, especially for those who put little down on their home purchase.

After all, without any home equity, lenders don’t have a buffer in place if borrowers fall behind on payments. And borrowers who don’t have much (if any) skin in the game can simply walk away if things don’t go their way.

How About a 15-Year Fixed That Isn’t Super Expensive?

  • The Wealth Building Home Loan (WBHL)
  • Created by Edward Pinto and Stephen Oliner of the American Enterprise Institute
  • Combines the affordability of a 30-year fixed
  • With the equity building power of a 15-year fixed

Unfortunately, 15-year fixed mortgages aren’t cheap, seeing that the borrower has half the amount of time to pay off roughly the same sized loan.

This explains why 30-year loans continue to be a lot more popular, despite what I just said.

But that may all change with the advent of the Wealth Building Home Loan (WBHL), created by Edward Pinto and Stephen Oliner of the American Enterprise Institute (AEI).

In a nutshell, it combines the equity-building benefit of a 15-year fixed mortgage with the affordability of a 30-year fixed. So borrowers pay down their mortgages faster without breaking the bank.

Speaking of banks, borrowers also gain a lot more home equity in a shorter period of time, which greatly reduces the credit risk associated with extending high loan-to-value loans.

In fact, during the first three years of a WBHL, 77% of the monthly mortgage payment goes toward principal.

Compare that to a traditional 30-year fixed, where 68% goes toward interest. Sure, the payment is substantially lower, but the house still mostly belongs to the lender.

A 15-Year Fixed Rate Below 2%?

  • The WBHL is a no down payment mortgage
  • That relies on a rate buy down at the outset
  • To lower the interest rate and make monthly payments similar to a 30-year loan
  • Lenders are protected through sound underwriting and fast equity accrual

In order to keep monthly payments down and maintain home buying power, the AEI notes that a conventional 15-year fixed is priced around 0.75% below the going rate for a 30-year fixed FHA loan.

Additionally, the WBHL allows for zero down financing, with five percent in down payment funds repurposed for a permanent 1.25% rate buy down.

Its creators also claim that the annual credit risk expense on the WBHL is lower, and the strong savings component of the loan program allows for a slightly higher debt-to-income ratio.

The 15-year averages around 3.25% today, so borrowers could enjoy fixed rates in the high 1% range. Not too shabby.

All this apparently gives borrowers who go with a WBHL more than 90% of the purchasing power they’d normally get via the FHA and their standard 30-year fixed product with 3% down.

For the record, Pinto has long taken issue with the FHA for overcharging borrowers and sticking them with costly mortgage insurance premiums. Unfortunately, most renters need an FHA loan to buy a home, so there aren’t many other options.

While the WBHL certainly sounds like an interesting and potentially game-changing loan product, not everyone actually wants to pay off their mortgage faster. Some people would rather invest their money elsewhere.

But there are a lot of positives to the WBHL, both for borrowers and lenders, and it does make sense for lower-income borrowers to create wealth as opposed to dig deeper into debt.

This mindset could actually help us avoid another crisis, or at least postpone one.

The WBHL is being launched by the Neighborhood Assistance Corporation of America (NACA) and Bank of America this month.

Over the next few months, it will be rolled out to NACA’s 37 offices. A WBHL for middle-income home buyers is also in the pipeline. If interested, inquire with NACA.

Source: thetruthaboutmortgage.com

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The strongest agents are constantly analyzing their return on investment regarding how they’re spending both their time and their money. This includes money spent on their business as well as their personal lives. Below are the top 10 powerful secrets that strong agents use to stay motivated and keep the right mindset for success.    

If they’re not getting more out than they’re spending in return, the expenditure isn’t worth it. 

‘Breaking even’ doesn’t count, because of the time lost and effort expended to get the results. Results mean trackable, profitable, closed business. Not just leads, impressions or likes. 

They are actively and aggressively isolating themselves from the media, both online and off. 

They are making their world smaller regarding who is influencing them. Following a  media-free morning or media-free life is a good start. Eliminating negative feeds from social media is another good strategy to ‘build a moat’ around your mindset! 

They are constantly monitoring their own internal dialog. 

Has negative thinking entered their mindset? Strong agents are self-aware of the unintended consequences of allowing one negative thought to manifest. 

They are hyper-aware of their own market conditions. 

They study what’s selling, what’s not and what the hot price ranges and zip codes are. Strong agents know where the new construction is being built and they know what’s happening with mortgages. They’re not hiding out waiting for the market to lift them up. 

Their mantra is ‘If it’s meant to be, it’s up to me!’ 

They are very proactive in their lead generation, having more conversations with more prospects. 

They’re not reliant on lucking into repeat or referral business, and they’re not addicted to buying leads. They are working with multiple sources of business at once. 

They are aware that when they’re feeling out of control, they’ll subconsciously look for things to control. 

This sometimes manifests in overeating, substance abuse, and wrecking relationships. That gives them the feeling of control, but it’s destructive. Powerful agents (and people) are introspective before they make those mistakes. 

They recognize their own ‘early warning signs’ as the trigger to the bad behavior and take a step back before causing more drama to themselves, their prospects, clients or family. 

They are empathetic to the fact that other people don’t have the mechanisms to adapt quickly to the forced changes happening in the economy.

Strong agents forgive easily and quickly because they understand that others are stressed. They offer a positive light backed by facts and thoughtful solutions, rather than jumping in the moshpit of negativity or drama.

Because they’re rooted in a mindset of service, they are genuinely excited and appreciative of the opportunities in the market.

They are focused on the many people who genuinely need help and they are there to be of service.   

They know that knowledge leads to confidence and ignorance leads to fear. 

Thus they are constantly increasing their skillset so they can increase their confidence. They’re seeking out new ways to be able to help more people in a variety of circumstances. An example of this is knowing how to explain different types of mortgage loan programs that get the interest rates down and make the payment more attractive. 

They’re involved in Premier Coaching. 

They actively get overwhelming value from the daily, semi-private coaching sessions! 

Tim and Julie Harris host a podcast for real estate professionals. Tim and Julie of Premier Coaching have been real estate coaches for more than two decades, coaching the top agents in the country through different types of markets.

Source: housingwire.com

Apache is functioning normally

The decision to allow the ICE – Black Knight merger to proceed announces the digital integration of the real estate value chain anticipated for over 25 years. Digitization redraws industry boundaries and changes how the value of information is expressed, enriched and exchanged. The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Consumers, communities and taxpayers are major beneficiaries.

Residential property transactions are manufactured with data components assembled from disconnected and diverse sources.  Many industries began to deploy electronic supply chains in the 1980’s. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. The result is higher costs, lower productivity, unmeasured quality, and systemic exposure as government monopolies take most of the risk and make most of the money. The GSE’s $8B profit in 2Q could buy most of the brokerage industry.

Technology and the trust model

Real estate is too vital to our economy to be so financially concentrated and functionally outdated. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet.  Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability. 

Conflicts among special interests and then the GFC prevented full adoption.  Low interest rates and purchases of Agency securities helped to foster a – don’t fix what’s not broken mindset. The reckoning has brought staff reductions, loan repurchases, higher reserves and mass consolidation.

Behind the headlines of locked-in supply and tighter credit is the start of a new real estate cycle driven by the urbanization of the suburbs. Information deficits are a feature of secular shifts until new insights fill the knowledge gaps.  Geographically aware marketplaces that link listings, lending and liquidity will unlock actionable information.

ICE is best known as the owner of global marketplaces including the New York Stock Exchange. It entered real estate in 2012 after buying DebtMarket, an exchange for distressed home debt. A sequence of acquisitions followed that targeted the control points of a next generation operating system. 

MERS provided a trusted “golden record” of the owner of the mortgage loan asset, Simplifile reaches the county recording end-points, IDC integrated $5.2B of data services, Ellie Mae added $11B of origination processing, risQ made location risk visible and now Black Knight delivers another $11B of MLS capability, public data and consumer payments.  This massive bet on a digital future delivers trusted connections to verify parts (data), eliminates rework, assures quality and collapses the cycle time of a loan.

The power of innovation

ICE’s network, data and trading system architecture can power innovation to transform fixed income capital markets.  A “Housing Capital Cloud” would unify the fragmented ecosystem to package, evaluate and distribute information based “durable goods.” Lenders should expect to redesign workflows and business rules to determine if a loan is “Fit 4 Sale.”

Homebuyers and other investors will gain better views of risk and return as hyper local “Forward” projections inform valuations and pricing for a range of assets. A “Lens” that creates a shared understanding of all property sub-markets may enable the private and public sectors to effectively target capital that meets the challenges of housing affordability, struggling downtowns, fiscal imbalances and social inequities that unevenly affect every community.      

The basis of competition is shifting as ICE, CoStar, Zillow, and the GSEs after release, contend for consumer attention, top producer loyalty and data supremacy.  ICE has previewed a Consumer Engagement Suite which could deliver a list-to-loan-to-servicing experience.  Realtors have a structural advantage as the listing event is the signal to downstream transactions.  Will they ever share in the value of their data to profit beyond the first point of sale?

ICE promises a systemwide upgrade where everyone wins except the unstable status quo. Digitization will enable industry efficiency, new choices for consumers and communities, reliable liquidity for capital markets and risk aware pricing of guarantees.  The “on platform” first movers will grow profit margins, gain market share and build brand equity by controlling their digital rights, adopting interoperability standards and creating greater value from local networks. Success means zero defect loans, costing $2K to manufacture, for 5M new homes, built in the right places.

This merger means modernization that advances real estate toward an adaptive, sustainable and connected future.  

Stuart McFarland is the former EVP Operations and CFO at Fannie Mae, EVP General Manager at GE Capital Mortgage  Services, and CEO at GE Capital Asset Management.

Source: housingwire.com

Apache is functioning normally

The New York-based Bowery Valuation has just announced Series A funding in the amount of $12 million to further its technology-powered real estate appraisal platform. According to the announcement, Bowery raised the capital from Builders VC, Camber Creek, Corigin Ventures, Fika Ventures, and Navitas Capital.

Bowery Valuation aims to fix the broken property appraisal system

Bowery Valuation makes technology that appraisers can use to streamline and make more effective their efforts. A mobile app, for instance, enables users to check off items without having to write down details. As ordinary as this function may sound, it’s surprising nobody else thought of creating tech before Bowery. This app even pulls data from the cloud so appraisers don’t have to surf to find it.

There’s also natural language capability that helps users generate reports. The company narrative says the technology-driven innovations “modernize the appraisal process,” and considering pencils and paper are still the “go to” tools of appraisers… Well, the best innovations are the simplest ones, and Bowery’s team seems to have reinvented the appraisal wheel.
Jim Kim, General Partner of Builders VC, and lead investor offered this statement via BusinessWire:

“Bowery brings a whole new way of thinking around appraisals and efficiency when it comes to using technology in the antiquated world of real estate valuation. Builders VC is thrilled to be investing in this team and company, applying a modern mindset and technology to an outdated industry.”

Moving forward, Bowery Valuation is now rolling out a white-label version of the aforementioned app for customers and is expanding outside the company’s original licensing areas in the Eastern U.S. Bowery Valuation has moved out of New York, New Jersey, Pennsylvania, and Conneticut, into L.A. and Chicago, with other markets in coming into range. Co-founder Noah Isaacs, told reporters his company wants to be in either Los Angeles or Chicago in the next few months. Isaacs told reporters Bowery has tripled its customer base since March of 2018. Bowery Valuation is currently focused on multi-family and mixed-use assets, but the company has plans to expand to other commercial properties in 2019, according to Isaacs.

Isaacs and his childhood pal John Meadows, founded Bowery back in 2015 after the duo worked together at the same appraisal firm in New York. Bowery is based on the vast experience the two gleaned from working in the business, and improvements the founders knew would make a difference for appraisers. Joining the co-founders, Princeton economics wiz, Cesar Devers came aboard as CTO before the three got accepted to the startup accelerator MetaProp NYC.

In the past year alone, Bowery has raised a total of $17 million, tripled its client base, revenue, and headcount, and valued more than $3 billion in commercial real estate. Bowery is now working extensively with top-tier lenders and operating in New York, New Jersey, 

Phil Butler is a former engineer, contractor, and telecommunications professional who is editor of several influential online media outlets including part owner of Pamil Visions with wife Mihaela. Phil began his digital ramblings via several of the world’s most noted tech blogs, at the advent of blogging as a form of journalistic license. Phil is currently top interviewer, and journalist at Realty Biz News.

Latest posts by Phil Butler (see all)

Source: realtybiznews.com