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’

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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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As-is 247

Housing Wire

DECEMBER 2, 2024

It can be tricky talking about the national housing market when different parts of the country have very different market dynamics. Nationally, home prices will finish 2024 with an increase of about 5% over the previous year, despite historically low home sales and that there are 27% more homes unsold on the market than there were last year at this time.

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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.

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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.

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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.

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Marketing 193

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.

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Housing Wire

DECEMBER 2, 2024

The ink is barely dry on Judge Stephen R. Bough’s final approval of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement , but the ruling is already facing its first appeal. On Wednesday, Nov. 27, one day after Bough held the final approval hearing, an objector and former lead plaintiff in what is now the Moratis commission lawsuit in Pennsylvania — Spring Way Center LLC — filed an appeal with the Eighth Circuit Court of Appeals.

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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.

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Agents 143

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.

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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.

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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.

Design 167

Design Technology Agents Marketing 167

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.

Industrial 368

Industrial Mortgages Branding Loans 368

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.

Technology 158

Technology Brokerage Agents 158

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.

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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.

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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.

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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.

Brokerage 117

Brokerage Equity Sales Agents 117

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.

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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.

Agents

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.

Marketing 152

Marketing 152

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.

Mortgages 307

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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.

Branding 140

Branding Technology Industrial Marketing 140

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.

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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.

Agents

Inman

DECEMBER 2, 2024

Led by Camber Creek with Left Lane Capital, the funding will further develop the S.MPLE platform while scaling SERHANT.'s brokerage, edtech, content creation and media production services.

Technology 143

Technology Equity Brokerage Development 143

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.

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MLS Technology Industrial As-is 259

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.

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MLS Industrial 103

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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Industrial 74

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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.

Sales

Inman

DECEMBER 2, 2024

Refresh your real estate brand for the new year with a branding health check-up list from coach Darryl Davis.

Branding 170

Branding Marketing Agents 170

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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Industrial Agents 90

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.

Branding 136

Branding Technology Industrial Marketing 136

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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Sales Industrial 80

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