Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Launched in 2021, Splitero’s main focus is on home equity investments (HEI), which differs from home equity lines of credit (HELOC). So that’s a major differentiator from us and other agents.”

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Housing Wire

NOVEMBER 9, 2023

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. While Americans sit on approximately $32 trillion in home equity , only 50% of homeowners can tap into that wealth. was the sole-structuring agent for the issuance.

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Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Kim: There are a handful of home equity investment firms in the market. Based on the notion that far too many U.S. How big is it?

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Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I The rest are saving their equity with us by either selling to us or allowing us to list.” Most of the homeowners don’t qualify for refinancing. “I

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Housing Wire

MARCH 26, 2024

As the person relaxes on the couch watching television at night, they occasionally check the current value of their home and do a rough calculation of the amount of equity that they have accrued. Stated differently, you are dealing with individuals that may be in an equity prison. It comforts them for a brief moment.

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Housing Wire

JUNE 25, 2024

The executives now know that the private equity company buying the MLS was formed in January, Vincent said. “We When the management and board of REcolorado received the letter of intent (LOI) to buy REcolorado from the private equity firm, the terms had been redacted and it asked for details on the severance packages for Millman and Baker.

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Housing Wire

OCTOBER 29, 2024

Sellers should know Redfin agents are reporting that there are buyers out there, but they’re mostly looking for move-in ready homes in good condition.” First American also noted the benefits tied to rising levels of home equity. renter population.

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Housing Wire

SEPTEMBER 22, 2023

Borrowers everywhere are seeking new ways to tap into their home equity. To help homeowners explore their home equity options, lenders, investors and others in the industry should consider leveraging tech-backed services. The AAR consists of an onsite property inspection completed by a local and licensed real estate agent or broker.

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Housing Wire

MAY 23, 2022

HousingWire recently spoke with Barry Coffin, managing director of home equity title/close at ServiceLink , about the ways lenders can capitalize on these trends by revving up their home equity solutions. Barry Coffin : It’s a good time to prioritize home equity transactions for a couple of reasons.

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Housing Wire

FEBRUARY 27, 2025

Real estate listing descriptions can be tricky to write, especially for agents who dont have a background in creative writing. Your listing description allows you, as the listing agent, to showcase the property’s best features in a way that reaches potential buyers on a deeper level. Visit Zillow Premier Agent 4.

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Housing Wire

MARCH 24, 2022

Back in 2018, Robert Reffkin exuded that Compass agents were literally invested in the brokerage’s success. Reffkin, the CEO and co-founder of Compass, told The Real Deal then that 1,149 of the company’s about 7,000 agents, or around 16%, returned to Compass some revenue from sales commissions in exchange for company stakes. .

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Housing Wire

OCTOBER 24, 2024

Valon’s platform offers traditional purchase and refinance products, alongside alternative products like home equity lines of credit ( HELOCs ). Clever Real Estate also partners with Valon to match buyers and sellers with local real estate agents who offer cash rebates, commission discounts and other products.

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Housing Wire

MARCH 6, 2024

Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital , will inject $1 billion in equity investment in struggling New York Community Bancorp (NYCB), one of the nation’s largest residential mortgage servicers. A group of investors led by the former U.S. to assist with capital generation.

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Housing Wire

MARCH 4, 2025

But after entering into a strategic partnership with private equity firm Stone Point Capital on Monday, industry analysts and experts believe that Keller Williams may actually be on the path to go public. That “something” could be a major acquisition or, in the case of private equity , it could come in the form of an IPO.

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Housing Wire

JUNE 24, 2021

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent. The home is then sold back to the buyer at the same price that it was purchased for.

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Housing Wire

JULY 28, 2022

Even those with a considerable equity stake may find themselves in this dilemma. What can lenders do to help borrowers facilitate a sale, protect the equity in their home, and potentially remain in their home following the sale by negotiating a leaseback option? The borrower’s equity can be further eroded by legal and other fees.

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Housing Wire

JANUARY 23, 2024

Real estate agents need to brace themselves for a shift as we witness a market more reminiscent of previous pandemic years. It’s a delicate balance between interest rates and equity. Real estate agents should keep an eye on new developments and leverage these opportunities to meet the evolving needs of their clients.

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Housing Wire

JULY 26, 2024

Not only does Realtor.com’s initiative highlight the indispensable role of buyer agent representation, it also offers ways for you to get involved in the movement. The catalyst for change The value of buyers’ agents is being questioned, even by some industry insiders who should know better. But their work didn’t stop there.

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Housing Wire

JANUARY 17, 2025

The real estate technology company will be aided on this journey by additional capital it has secured from its ownership group, which includes private equity partner Vector Capital , and brokerages Howard Hanna Real Estate Services and Windermere Real Estate , according to an announcement on Friday. MoxiWorks is looking to up its game.

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Housing Wire

JULY 31, 2024

If antitrust lawsuits are impacting agent commissions, it’s not happening at Compass. In May and June, the company claims that 99% of new listings included offers to pay buyer agents, 96% of new listings offered to pay at least 2%, and more than 80% included offers of 2.5% The call did come with a setback for agents.

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Housing Wire

MAY 3, 2021

Compass defrauded its real estate agents out of millions of dollars in sales commissions and broke pledges to give agents shares of stock, according to a new lawsuit that seeks class-action status. Compass has a few agent-equity plans , which are premised around agents snaring shares now in exchange for past commission income deferral.

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Housing Wire

FEBRUARY 6, 2025

If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. These loans go up to $2.5 Its simple.

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Housing Wire

NOVEMBER 4, 2024

Meanwhile, current homeowners can more easily make housing trades using built-up housing equity for cash purchases or large down payments on dream homes.” The data is part of NAR’s sprawling annual report that includes a wealth of data on buyers, sellers and real estate agents across a wide range of demographics.

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Housing Wire

SEPTEMBER 13, 2024

At the recent Keller Williams Mega Agent Camp , the shaky economy was a common topic of conversation. Whether you believe these predictions or not, agents need to start preparing — yesterday — to avoid washing out the next time a recession hits. As a top-producing agent during the 2008 recession, I was unprepared.

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Housing Wire

DECEMBER 27, 2024

With Home Equity Conversion Mortgage (HECM) volume declining on an annual basis, many industry participants cited at least one key factor that couldve driven the decline, but the view was not universal. We’re expanding our reach, becoming a principal agent in a lot of states, Moriello said.

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Housing Wire

JANUARY 14, 2022

The market last year was unprecedented,” said Mark Siwiec, a Keller Williams agent in Brighton, a town just southeast of Rochester. “It in November, per Redfin, suggesting listing agents perhaps underestimated continued market demand. It left us breathless. In addition, the sale-to-list price ratio was 106.3%

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Housing Wire

JULY 9, 2024

In my circle, I hear this often about real estate agents as well (“They hardly do anything and get 6%!”). In a later article, I will devote pages and vent my spleen at those who thus insult teachers and farmers, but here I will do so in favor of the much maligned real estate agent. Good agents do a lot more than simply show houses.

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Housing Wire

SEPTEMBER 7, 2023

The brokerage on Thursday launched Accelerate , an incentive program that helps agents maximize their revenue share earning potential during their first year with the brokerage. The program is available in all 24 countries where eXp Realty operates and it is open to agents who joined on or after March 1, 2023.

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Housing Wire

OCTOBER 19, 2023

In his testimony, Gansho confirmed that NAR’s “Antitrust Compliance Guide” states that members should not discuss fees with competitors and that agents should never use statements such as, “I’d like to lower the commission, but no one will show your house.” We don’t tell people what to charge.”

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Housing Wire

NOVEMBER 8, 2024

Renting may seem like the safe bet, but renting offers zero equity growth and misses out on the tax benefits of homeownership. “Not Not only does owning build equity,” explains Shallis, “but the tax benefits are substantial.

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Housing Wire

AUGUST 26, 2024

Proptech HomeLight has raised $20 million to expand the offering of its Buy Before You Sell product to mortgage lenders and real estate agents across 40 new states, the company announced on Monday. Zeev Ventures , an early-stage venture fund, led the Series D extension, and was joined by Stereo Capital and Menlo Ventures.

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Housing Wire

OCTOBER 31, 2023

Courthouse that the future of real estate agent commissions could potentially be decided. “I I was an agent for 10 years and I’ve been in management now for the better part of seven years, so the trial is really important to me in terms of what it may mean for the future.” It’s at the Charles Evans Whittaker U.S.

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Inman

MARCH 10, 2025

billion in equity. This acquisition will integrate Redfin's home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies' mortgage origination and servicing capabilities. Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75

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Housing Wire

DECEMBER 27, 2022

They are not selling and have a lot of equity in their homes. Homeowners in 2022 also tapped into their home equity, which peaked at $11.5 trillion in the second quarter of 2022, capitalizing on home equity loans and home equity line of credit (HELOC).

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Housing Wire

OCTOBER 10, 2024

Agents and LOs are grappling with heavily damaged housing markets in the Southeast. Homeowners in any affected markets who didn’t have appropriate insurance damage coverage may be losing all of their hard- and long-earned home equity on which they relied for a financial buffer in times of economic hardship.”

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Housing Wire

MARCH 19, 2024

“Calque can help established lenders and real estate agents meet consumer needs without disintermediating them or disrupting their traditional roles. Unlike many other buy-first mortgage solutions companies, Calque also allows borrowers to work with the agent of their choice and any lender in the Calque mortgage provider network.

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Equity Mortgages Agents Sales 458

Housing Wire

MAY 29, 2024

The collaborations aim to simplify the homebuying process by leveraging a homeowner’s existing equity to secure a new property before they sell their current home. These are among the best mortgage experts in the country and the service they provide will allow more buyers to use their home equity to transition from one home to the next.”

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