Inman
SEPTEMBER 6, 2023
Find out why "free" isn't all it's cracked up to be when it comes to your professional website and email address, according to brand new Inman contributor and broker-owner Markus Feldmann.
Housing Wire
SEPTEMBER 6, 2023
Despite a slight drop in mortgage rates last week, mortgage applications fell to their lowest level since December 1996. For the week that ended Sept. 1, mortgage applications dropped 2.9% from the prior week , according to data from the Mortgage Bankers Association. “Both purchase and refinance applications fell, with the purchase index hitting a 28-year low, as prospective buyers remain on the sidelines due to low housing inventory and elevated mortgage rates,” said Joel Kan, MBA’s vice pres
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Real Estate News
SEPTEMBER 6, 2023
A new survey from Zillow found that more than 80% of homebuyers evaluate climate and environmental risks when considering where to live.
Housing Wire
SEPTEMBER 6, 2023
Anywhere Real Estate ’s settlement agreement in two class action antitrust lawsuits dealing with buyer broker compensation raises important questions about the future of buyer’s agency and how other defendants are viewing the fast approaching trials. Top of mind, of course, is what exactly the settlement agreements include, besides an agreement by Anywhere to pay a total of $83.5 million in damages for both the Moehrl and Sitzer/Burnett suits.
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Real Estate News
SEPTEMBER 6, 2023
“A lot of agents are going to make more money,” says CEO Tamir Poleg as Real reduces the threshold to move up in its rev share structure.
Housing Wire
SEPTEMBER 6, 2023
In the face of spiking interest rates and historically high home prices , $3,000 monthly mortgage payments are common in today’s housing market. According to Black Knight’s mortgage monitor report, the average principal and interest payment among borrowers purchasing a home using a 30-year fixed-rate loan hit its highest point ever in July at $2,306.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
SEPTEMBER 6, 2023
The Consumer Financial Protection Bureau (CFPB) last week made a quiet change to its guidance related to the Real Estate Settlement and Procedures Act (RESPA), affirming that mortgage originators who partner with U.S. Department of Housing and Urban Development (HUD)-approved counselors can use fee for pre-purchase counseling and homeownership education services.
Keeping Current Matters
SEPTEMBER 6, 2023
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates.
Housing Wire
SEPTEMBER 6, 2023
FundingShield , the fintech provider of plug-and-play solutions to manage risk, compliance and fraud prevention, has partnered with Tata Consultancy Services (TCS), a technology services and consulting company. The partnership comes amid an increase in wire and title fraud risk. FundingShield and TCS aim to protect more lenders, homebuyers, sellers from wire and title fraud, both companies said.
Inman
SEPTEMBER 6, 2023
From unrealistic portrayals on reality TV to NAR's unfolding scandal, the industry's reputation will suffer until consumers are offered a better deal, writes NextHome broker-owner Edward Svec.
Advertiser: Trellis
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Housing Wire
SEPTEMBER 6, 2023
California-based RE/MAX Proper has acquired All Nations Realty and Investments , an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count to 203, up from 70 when the former indie brokerage affiliated with the RE/MAX brand in May. The acquisition of All Nations was finalized on Aug. 30.
Inman
SEPTEMBER 6, 2023
Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes.
Housing Wire
SEPTEMBER 6, 2023
Generative artificial intellegence, such as ChatGPT, is changing everything—a statement that comes as little surprise to anyone these days, and least of all to the many real estate agents whose markets are being saturated by artificial intelligence (AI)-empowered buyers. With the advent of proptech services entering the real estate industry, buyers are becoming more thoroughly informed every day, long before they even speak to an agent.
Inman
SEPTEMBER 6, 2023
The Brentwood property where Monroe died from an overdose in 1962 dates back to 1929 and still has original architectural features like beamed ceilings, terracotta tile floors and casement windows.
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Housing Wire
SEPTEMBER 6, 2023
The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. New competitive pressures on long-protected positions will force many to rethink delivery systems and reinvent organizations. The digital future is unknowable, but we do know that information power moves to consumers, value resides in networks and data rights are the new currency.
Inman
SEPTEMBER 6, 2023
Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November.
Housing Wire
SEPTEMBER 6, 2023
Despite the economic headwinds, the title industry remains strong, according to Fitch Ratings’ title industry September 2023 Peer Review. According to Fitch, the Big Four title companies , Stewart , First American , Fidelity and Old Republic , accounted for approximately 82% of all the title premiums written during the first quarter of the year. Fidelity recorded the largest market share at 29%, followed by First American at 26%, Old Republic at 16% and Stewart at 11%.
Inman
SEPTEMBER 6, 2023
Although growing a team in a sustainable and meaningful way is far from easy, finding and leveraging the right technology can help you effectively manage your people and processes and keep you on an efficient path to your next growth milestone, Sheila Reddy writes.
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
Brownstoner
SEPTEMBER 6, 2023
In a surprise twist, after a failed Crown Heights rezoning whose resulting 39-story towers and their shadows would have threatened the nearby Brooklyn Botanic Garden, the same developer is back and, unexpectedly, is now seeking a new rezoning to build 14 stories on the property. At the same time, a… Read More > The post End Nears for Crown Heights Spice Factory as Developers Seek Demo Permit and New Rezoning appeared first on Brownstoner.
Inman
SEPTEMBER 6, 2023
Revive Vision AI analyzes property photos to assess a property’s current value and renovation potential, utilizing Revive’s renovation recommendation engine to provide estimates backed by local contractors that maximize listing values.
RIS Media
SEPTEMBER 6, 2023
RISMedia Founder and CEO, John Featherston, second from right, standing, and RISMedia Executive Vice President Maria Patterson, third from left, with the 2023 Real Estate Newsmakers Hall of Fame inductees at the Mayflower Hotel in Washington, D.C. on Wednesday, Sept. 6. Thought leaders came together Wednesday evening to celebrate RISMedia’s 2023 Newsmakers and induct a… The post RISMedia Celebrates Distinguished Professionals and Inducts Industry Icons at Newsmakers Dinner in Washington, D
Inman
SEPTEMBER 6, 2023
Pocket listings are positively overflowing nearly four years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows.
Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.
In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.
RIS Media
SEPTEMBER 6, 2023
Above, Anywhere Brands and Anywhere Advisors President and CEO Sue Yannaccone delivers the opening keynote at RISMedia’s 35th Annual CEO & Leadership Exchange. (Photo by AJ Canaria www.ajcan.com.) Change in real estate usually moves at a glacial pace. But just like the massive chunks of ice floating in the arctic, occasionally movement comes suddenly—and dramatically.… The post Sue Yannaccone Predicts Industry-Wide Shakeup in RISMedia CEO Exchange Keynote appeared first on RISMed
Inman
SEPTEMBER 6, 2023
The Virginia Corbett Home Team includes 16 agents and five staffers. The team's move to eXp comes as brokerages across the U.S. compete for top talent.
RIS Media
SEPTEMBER 6, 2023
The total number of mortgages secured by residential property increased to 1.56 million during Q2 2023, according to a new report from ATTOM. While that remained down 38% from a year earlier, it was up 21% from last quarter—the first increase in two years. ATTOM’s Residential Property Mortgage Origination Report for Q2 2023 found that… The post Mortgage Lending Grows in Q2 2023 appeared first on RISMedia.
Inman
SEPTEMBER 6, 2023
Three months after Ring founder Jamie Siminoff became CEO, Latch will be reborn as Door.com, in part to leverage its acquisition of Honest Day's Work, according to an announcement on Tuesday.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Bigger Pockets
SEPTEMBER 6, 2023
Soli Cayetano makes over $10K per month in passive income at age twenty-five by buying the rental properties that most investors actively avoid.
Inman
SEPTEMBER 6, 2023
The latest integration of computerized smarts involves First Multiple Listing Service, a 57,000-member organization based in Georgia that will launch an enhanced home search experience powered by the joint partnership between computer vision innovator Restb.ai and CoreLogic, one of real estate’s most recognized data brokers.
Realty Biz
SEPTEMBER 6, 2023
To succeed in selling your house , here are three insider tips that can make a difference. Firstly, conduct thorough research on market trends and comparable home prices to determine an intelligent selling price. Secondly, prepare your home by making necessary repairs and enhancing its appearance to attract potential buyers. Lastly, utilize effective marketing strategies such as online listings, social media platforms, traditional advertising, professional photography, and compelling description
Inman
SEPTEMBER 6, 2023
The new class brings the total number of Compass Sports & Entertainment Division agents up to 158, representing 71 different markets. In 2022, they closed more than $7.7 billion in sales volume.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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