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.
Inman
DECEMBER 2, 2024
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding, and market strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.
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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.
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.
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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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
DECEMBER 2, 2024
In a recent episode of HousingWire Daily , host Sarah Wheeler sits down with Stan Middleman , the founder, president and CEO of Freedom Mortgage. The pair discuss Freedom’s adaptability-focused business approach, potential market risks in 2025 and how lenders can prepare for long-term success. This interview has been edited for length and clarity. To start the conversation, Middleman dives into his early career and his book, “Seeing Around Corners.
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.
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.
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.
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.
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.
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
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.
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.
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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.
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.
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.
BAM Media
DECEMBER 2, 2024
Thanksgiving weekend is over, and if you’re feeling a little resistance to diving back into your routine, you’re not the only one. But here’s the thing—the time between Thanksgiving and the New Year is actually a golden opportunity for real estate agents to connect with their database in a meaningful way. We’re bringing back a simple yet powerful strategy that works: the “Holiday Season Gratitude Call.
RIS Media
DECEMBER 2, 2024
Above, Shelle Pennington Shelle Pennington—a broker associate with Addison & Maxwell Real Estate in Golden, Colorado—has crafted a career marked by transformation, bold choices and the courage to redefine success. Empowered to grow her business while staying true to her values, as a member of Buffini & Company’s Leadership Coaching program, Pennington has found a… The post Building Success With Balance appeared first on RISMedia.
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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.
Eye on Housing
DECEMBER 2, 2024
Private residential construction spending increased by 1.5% in October, according to the latest U.S. Census Construction Spending data. Year-over-year, the October report showed a 6.4% increase. The monthly increase in total private construction spending was primarily driven by higher spending on residential improvements. Improvement spending surged by 2.7% in October and was 18.5% higher compared.
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.
Brownstoner
DECEMBER 2, 2024
In the Fiske Terrace-Midwood Park Historic District, this detached Colonial Revival dwelling has some appealing features, including wood floors, an abundance of bedroom space, and a garage. At 819 East 19th Street, it got a few updates in the mid-century, including a knotty pine-filled rumpus room in the basement. It… Read More > The post Fiske Terrace Standalone With Rumpus Room, Parking Asks $1.75 Million appeared first on Brownstoner.
RIS Media
DECEMBER 2, 2024
The December issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at how compensation in real estate has evolved post NAR settlement in RISMedia’s third annual Contract & Commission Study. In addition, we take a look at RISMedia’s 2024 Real Estate Rookie… The post The December Issue of Real Estate Magazine Is Now Live appeared first on RISMedia.
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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
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.
RIS Media
DECEMBER 2, 2024
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR settlement approved; DOJ still expressing interest At the long-awaited hearing November 26, Judge Stephen R. Bough granted final approval of NAR’s settlement for its commission lawsuits across the board.
Inman
DECEMBER 2, 2024
Refresh your real estate brand for the new year with a branding health check-up list from coach Darryl Davis.
RIS Media
DECEMBER 2, 2024
Above, Michael Mazzei Michael Mazzei was a young father when the company he worked for went bust. With little in his background besides conventional sales, he took the advice of a friend of his father’s and went to work in his real estate office in the wealthy enclave of Grosse Pointe, Michigan. On his mentor’s… The post Florida’s Gulf Trust Group Holds to a Higher Standard appeared first on RISMedia.
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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.
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