We celebrate June as National Home Ownership month! As an integral part of the Real Estate industry, the onus often falls on brokers and agents to help consumers navigate the happy but sometimes stressful experience of buying a home (especially for first-timers.)
Stellar MLS partners with Down Payment Resource to help you generate leads and get your first-time homebuyers the help they need to kick-start their homeownership dreams!
Big picture, 82% of all home buyer assistance programs are actively funded and available. 9% year-over-year increase in the number of homebuyer assistance programs avaiable, raising the total number of programs to 2,373.
DPR communicates with over 1,300 program providers throughout the year to track and update the country’s wide range of homeownership programs. The increase in the availability and diversity of DPA programs, including an increase in programs supporting the purchase of manufactured and multifamily homes is the latest trends in down payment assistance (DPA) programs highlighted in the Homeownership Program Index (HPI) Report.
Source: Down Payment Resource®
Join John Lipscomb, Stellar MLS Sr. Trainer, on Friday, June 21, at 11 AM ET for a guided look into the Down Payment Resource page!
If you would like to keep up on all the latest Stellar news, click the button below and connect with us on Facebook!
Register for one of the upcoming classes to learn how to utilize DownPaymentResource and other Stellar MLS products in your business!
Register for one of the upcoming in-person classes to review some of your Stellar MLS tools, which will help you generate leads from your website, social media sites, and email lists. Create a document containing product URL links to market yourself easily.
You have full access to DPR’s marketing resources as part of your Stellar MLS subscription; Log in to Stellar Central, click on Products and Services in the left hand navigation bar, and click on your DPR product icon to claim your free Down Payment Connect landing page and more.
Personalized Down Payment Connect Search Page
Every Stellar MLS customer receives a free, personalized down payment assistance landing page to share within your sphere. Your landing page provides down payment assistance information to buyers in your area and helps to start homeownership conversations. You can add your landing page to your website, share it on your social channels and in your email marketing.
Customized Flyers
Use DPR’s customizable flyers to highlight down payment programs and promote your Down Payment Connect page. These are great for open houses, community events, and referral partners. You can also share your flyers digitally through your social networks.
English and Spanish language options are available.
Social Media Images
Social posts with images perform far better than those without. DPR designed these images for your use on Facebook, Twitter, LinkedIn, and Instagram. You can share these graphics as posts or use the ad templates.
Graphics Library
Link to your Down Payment Connect landing page using one of DPR’s graphics. It provides a call-to-action for prospective home buyers. These graphics work best on your website, blog posts, and email signature.
Share informative and myth-busting info-graphics about homeownership and DPA programs on your social media channels, blog/website, or even in your email marketing. Get your prospects talking about the possibilities of being homeowners!
Some buyers may not believe they can qualify for a mortgage, when in fact, they can. We've rounded up an overview of some of the most popular types of mortgage options used by first-time home buyers. Understanding mortgage and down payment options are critical for first-time buyers, and as a REALTOR® you can help guide the conversation.
Share the First Time Homebuyer Cheat Sheet to start conversations in your network! In 2019 the average down payment amount was 6% among first-time buyers. This info-graphic has other tips to get potential buyers thinking about their options. And the most important step in the real estate process is highlighted: contact a Realtor®.
Listing Details View
When you log into Matrix and conduct a property search, properties that are eligible for down payment assistance will display the DPR icon at the top of the page when viewing a particular property's details. If you select the DPR icon you will see the list of possible programs that available. You can view each program and then, based on eligibility requirements and your customer’s situation, you can email your customer information about assistance that is potentially available.
Customer Reports
Listings viewed within the Customer Portal will show the DPR icon if a property qualifies for down payment assistance programs. Once your customer clicks on the DPR icon, they will then see a brief series of questions that determine if they're qualified for any of the programs that are potentially available for that listing. If they're qualified, they can then find more information on the programs for which they're qualified.
Home Screen (External Links Section)
On the home screen of Matrix, a link to your DPR customer portal is available. This portal has access to all of your DPR resources, including information on all of the available programs, helpful tutorials, as well as marketing and support tools.
You can access DPR by logging in to Stellar Central and clicking on your DPR product icon, or in Matrix at the top of an eligible listing or via the external links section.
DPR is included in your Stellar MLS subscription.
Learn how to access your personalized link by watching the tutorial.
Learn how to add Down Payment Connect to your IDX website by watching the tutorial.
Learn how to add your Down Payment Connect link in your email signature by watching the tutorial.
Yes! Learn how to promote your link on your social media by watching the tutorial.
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800-686-7451
PO Box 150658
Altamonte Springs, FL 32715-0658
For Media Requests, please contact us at:
media@stellarmls.com