Housing Wire
DECEMBER 2, 2024
Ryan Serhant ’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action. SERHANT. announced Monday that it secured $45 million in a Series A funding round led by real estate venture capital firm Camber Creek and participation from Left Lane Capital.
Real Estate News
DECEMBER 2, 2024
The $444 million deal brings the 8th-largest brokerage firm into the Compass fold and represents the brokerage giant’s first major move into the global market.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
DECEMBER 2, 2024
Real estate investment and operating platform Wrightwell has secured a new financing round while forging a partnership with Bain Capital and Saluda Grade. The deal will yield as much as $300 million in new investments into single-family rental (SFR) and built-to-rent (BTR) properties. The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” according to a statement from Wrightwell.
Real Estate News
DECEMBER 2, 2024
Feel like housing forecasts have been off lately? That’s because the market hasn’t been behaving as expected. See which factors are playing a bigger role.
Advertisement
Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Housing Wire
DECEMBER 2, 2024
Despite being the beneficiaries of historic increases in home-price appreciation during and after the COVID-19 pandemic , older baby boomers — many of whom are approaching the age of 80 in 2025 — are now finding themselves challenged by a dearth of housing inventory that can best accommodate living in later life. This is according to a recent story published by Business Insider, which characterizes the dynamic as partially of the generation’s own making.
Keeping Current Matters
DECEMBER 2, 2024
A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 2, 2024
The National Association of Realtors reported having roughly 1.52 million members in December, despite growing pushback from agents and local associations.
Housing Wire
DECEMBER 2, 2024
Despite gaining final approval of its commission lawsuit settlement agreement , the antitrust issues for the National Association of Realtors (NAR) are far from over. Last week, Luz de Amor Eytalis — the broker of Texas -based Strategic Realty — filed an antitrust suit in U.S. District Court in Wichita Falls, Texas. Eytalis filed an amended complaint to the suit a day later.
Inman
DECEMBER 2, 2024
The deal is valued at around $444 million, with $150 million in cash and $294 million in equity. If finalized, it would merge the nation's No. 1 brokerage by sales volume with the No. 8 largest brokerage.
Housing Wire
DECEMBER 2, 2024
The reverse mortgage division of Rate , formerly known as Guaranteed Rate , has been on a mission to bolster its market presence for the past few years. According to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), the company grew its endorsement volume by roughly 870% year to date through July. Keeping that momentum going is a priority for Jesse Allen, who was recently announced as the president for Rate’s reverse lending division.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Inman
DECEMBER 2, 2024
Refresh your real estate brand for the new year with a branding health check-up list from coach Darryl Davis.
Housing Wire
DECEMBER 2, 2024
Fitch Ratings announced Monday that it has revised its outlook for the mortgage origination and servicing sector in 2025 from “deteriorating” to “improving,” reflecting forecasts of lower mortgage rates. The credit rating agency sees higher origination volumes and gain-on-sale margins on the mortgage production front, leading to improved profitability for lenders.
Inman
DECEMBER 2, 2024
The home was also designed to create a portable solution, as the home can be easily set up in almost any location. It comes pre-equipped with electricity and plumbing, ensuring essential amenities are available wherever it's placed.
Housing Wire
DECEMBER 2, 2024
Wells Fargo announced on Monday that it has expanded its $10,000 down payment grant program for underserved borrowers to an additional 12 metro areas, more than a year after initially launching it in eight markets. “We are expanding the availability of our Homebuyer Access grant program to additional areas to expand opportunities for low-to-moderate income homebuyers,” Kevin Reen, head of Wells Fargo Home Lending, said in a statement.
Advertisement
In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Real Estate News
DECEMBER 2, 2024
Multiple filings were submitted last week related to the NAR settlement, eXp deal and a homebuyer case, while three new appeals were filed on Monday.
Housing Wire
DECEMBER 2, 2024
Compass is heading into the final weeks of 2024 with a bang. On Monday, the firm announced its plan to acquire Christie’s International Real Estate and @properties. According to a press release, the merger is expected to close in 2025 and is subject to regulatory approval. In an 8-K filing with the Securities and Exchange Commission (SEC), Compass informed its shareholders that it will purchase the companies for $150 million in cash at closing, along with roughly 44.13 million shares of Compass’
Inman
DECEMBER 2, 2024
This week Intel explores the financial data behind three real estate companies that thrilled investors amid a stagnant market that stymied the competition: Compass, Zillow and The Real Brokerage.
Housing Wire
DECEMBER 2, 2024
In a new episode of the “ Real Estate Insiders Unfiltered Podcast ,” hosts James Dwiggins and Keith Robinson speak with Collabra Technology CEO Russ Cofano to dive into cooperative compensation and the National Association of Realtors ‘ (NAR) Clear Cooperation Policy (CCP), among other subjects. This conversation has been edited for length and clarity.
Advertisement
As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Inman
DECEMBER 2, 2024
A day after the settlement received final approval from Judge Stephen Bough, an entity known as Spring Way Center along with several homesellers appealed the deal.
Housing Wire
DECEMBER 2, 2024
Movement is constant in the mortgage industry. The pressure to increase loan volume and demand for quality origination talent, especially given fluctuating interest rates, rising business costs, and shrinking profitability, has increased the competition for hiring proven business generators, teams, and branches, and has driven a rise in mergers and acquisitions intended to gain market share while decreasing overhead and consolidating operating costs.
Inman
DECEMBER 2, 2024
Megan J. MacArthur, a leader in luxury real estate with Aloha Sotheby’s International Realty, combines a strong community focus, strategic partnerships, and personalized client relationships to deliver exceptional results in Hawaii’s vibrant market.
BAM Media
DECEMBER 2, 2024
December is what the Knowledge Brokers call “ Separation Month.” It’s the time when some agents ease off the gas, while others push full throttle, setting themselves up for a strong finish to 2024 and a head start in 2025. Personally, I don’t care which camp you’re in, but if nothing else, you should make it look like you’re busy by staying active on social.
Advertisement
Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Inman
DECEMBER 2, 2024
Greystar opened its first modular apartment complex in Pennsylvania this week. Experts say the multi-billion dollar company's foray into modular building signals a significant shift into the practice in the U.S.
Keller Williams
DECEMBER 2, 2024
If you’ve ever received a handwritten letter, you know how exciting it is to open an unexpected, positive piece of mail. Sharing holiday greetings with your clients and vendors can strengthen relationships, foster loyalty, and spread goodwill with just one simple gesture. Whether sent by mail or email, a personalized note offers the perfect opportunity to connect with those you value most.
Inman
DECEMBER 2, 2024
Implement these strategies from security expert Robert Siciliano to identify and protect yourself from misinformation, ensuring you're better prepared to navigate today's intricate information ecosystem.
Bigger Pockets
DECEMBER 2, 2024
There’s something almost mythical about buying real estate in the United States. The dream of owning American real estate spans across the globe.
Advertisement
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.
Inman
DECEMBER 2, 2024
Mike DelPrete analyzes that near-monopoly the most prominent portals have in their markets and how that translates into pricing power.
RIS Media
DECEMBER 2, 2024
Those in the business of helping people buy and sell property in super-storm-damaged areas, have seen how more frequent weather disasters and other effects of climate change can have an impact on real estate. For those interested in reducing their global footprint, there are many ways real estate teams can contribute beyond the basics like… The post Team Tactics: 3 Ways to Run an Environmentally Conscious Real Estate Team appeared first on RISMedia.
Inman
DECEMBER 2, 2024
Find out how New York City associate broker Bruce Henderson puts his background in design, marketing and show biz to work for his real estate clients.
Bigger Pockets
DECEMBER 2, 2024
It’s the season for housing market predictions, and we know who to call!
Advertisement
BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.
Expert insights. Personalized for you.
418 
Let's personalize your content