Housing Wire
SEPTEMBER 20, 2024
The Homebuyers Privacy Protection Act of 2024, a U.S. Senate bill introduced this past December that targets mortgage trigger leads, has been incorporated into the fiscal year 2025 National Defense Authorization Act (NDAA). This is a bill that Congress must pass each year, since it refers to laws that specify the annual budget for the U.S. Department of Defense (DOD).
Real Estate News
SEPTEMBER 20, 2024
A new guide explains the types of compensation allowed (not an “open-ended amount or a range”), how buyers can ask sellers to pay and when it’s OK to walk away.
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Housing Wire
SEPTEMBER 20, 2024
In a new episode of the HousingWire Daily podcast , Editor in Chief and host Sarah Wheeler sits down with eXp Realty CEO Leo Pareja to discuss the National Association of Realtors ‘ (NAR) commission lawsuit, the new rules that agents are facing, and how eXp is helping agents navigate these challenges to thrive in the marketplace. Pareja took over as CEO at eXp in April 2024 and became the first Hispanic CEO of a major real estate brokerage in U.S. history.
Real Estate News
SEPTEMBER 20, 2024
Place/Livian deal ‘a significant step’; Lone Wolf and Seeking Agents respond to lawsuit-driven industry changes; Stellar adds access to MLS Match referral tool.
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
SEPTEMBER 20, 2024
The National Reverse Mortgage Lenders Association (NRMLA), the reverse mortgage industry’s leading trade association, is preparing to host its 2024 Annual Meeting and Expo on Sept. 24-26 in San Diego. The event is typically the largest, most expansive meeting for a wide variety of reverse mortgage professionals. It also typically features federal housing officials to offer updates on the Home Equity Conversion Mortgage ( HECM ) program.
Keeping Current Matters
SEPTEMBER 20, 2024
Mortgage rates are trending down and that’s great news for your bottom line.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
SEPTEMBER 20, 2024
Former NextHome co-founder joins Realtor.com; North Carolina’s Canopy Realtor Association promotes VP to general counsel and COO; Virginia Realtors CEO retires.
Housing Wire
SEPTEMBER 20, 2024
The Federal Reserve did something this week it hadn’t done in more than four years when it lowered the federal funds rate by half a percentage point. But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will this be the start of better days? Mortgage experts say that while the 50 basis-point (bps) cut is a welcome sign, it won’t do much on its own to move the needle for a housing market that remains stuck in neutr
Inman
SEPTEMBER 20, 2024
In challenging the National Association of Realtors' Clear Cooperation Policy, Robert Reffkin writes, Realtors are upholding their highest moral, ethical and legal duties to serve clients.
Housing Wire
SEPTEMBER 20, 2024
California is the latest state to take a stand against the right-to-list agreement business plan of now bankrupt brokerage MV Realty. On Tuesday, the office of California Attorney General Rob Bonta announced that it was granted a preliminary injunction against Florida-based MV Realty after filing a lawsuit in December 2023. The AG’s office took issue with MV Realty’s Homeowner Benefit Agreement.
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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.
Inman
SEPTEMBER 20, 2024
Falling mortgage rates should help boost home sales by nearly 10 percent next year, but in the meantime, inventory shortages and affordability challenges are keeping a lid on sales in many markets.
Housing Wire
SEPTEMBER 20, 2024
After years of declines, home-flipping profits are coming back. That’s according to a report released this week by Attom, which showed that the typical profit on a flip in the second quarter of 2024 was 30.4%, the fourth time in five quarters that margins rose. Attom said that flippers have struggled in comparison to other types of sellers in recent years because they’ve exhibited an “unusual pattern” of timing the market poorly.
Inman
SEPTEMBER 20, 2024
The Department of Housing and Urban Development has partnered with Zillow for "Let's Make Home the Goal," a campaign aimed at connecting minority communities with HUD pre-housing counseling services.
Housing Wire
SEPTEMBER 20, 2024
Editor in Chief Sarah Wheeler sat down with Joshua Ernst, CEO of Backflip , to talk about the challenges of flipping real estate in today’s market and how the right technology can unlock opportunities in a country full of older homes. Sarah Wheeler: How did your background lead you to start Backflip? Joshua Ernst: Throughout my career, I’ve built and scaled software, technology businesses and interesting products in different markets — including proptech.
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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.
Inman
SEPTEMBER 20, 2024
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The Fed's latest rate cut.
Housing Wire
SEPTEMBER 20, 2024
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 20 24 Tech Trendsetters award are open now through Monday, Sept. 30. Click here to nominate someone. If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience.
Inman
SEPTEMBER 20, 2024
Not all consumers need a buyer's agent; Shay is an AI-driven homebuying solution with a number of industry-bred benefits.
Housing Wire
SEPTEMBER 20, 2024
Federal Housing Administration (FHA) Commissioner Julia Gordon thinks that more U.S. Department of Housing and Urban Development (HUD)-approved housing counselors should be trained to work with Home Equity Conversion Mortgage ( HECM ) borrowers, according to perspectives she shared this week during an online housing conference hosted by HUD. The news, first reported by Inside Mortgage Finance , stems from an expectation that HECM borrowers could seek to extract more equity out of their homes now
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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
SEPTEMBER 20, 2024
Carolwood's managing broker Nick Segal, alongside agents Shaun Alan-Lee and Jane Dorian, recently founded the white-glove service team, which operates in markets in Southern California and New York City.
Housing Wire
SEPTEMBER 20, 2024
The nation’s largest brokerage by transaction sides is increasing its footprint. On Thursday, eXp Realty announced the affiliation of independent brokerage Grand Lux Realty. Founded in 2006 by Michael Levy, Grand Lux Realty is based in Westchester County, New York , and has more than 200 agents. The firm serves clients in Westchester County, as well as Fairfield County, Connecticut, and the rest of the lower Hudson Valley.
Inman
SEPTEMBER 20, 2024
A new preliminary injunction orders the Florida-based brokerage to stop issuing liens in California, and to stop enforcing its 40-year "homeowner benefit agreements.
Bigger Pockets
SEPTEMBER 20, 2024
The challenging aspect of any renovation is determining what to renovate and selecting appropriate finishes. There’s no one-size-fits-all rule for renovations and finishes guaranteeing the highest ROI.
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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.
Inman
SEPTEMBER 20, 2024
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
RIS Media
SEPTEMBER 20, 2024
NAR’s 2024 International Transactions in U.S. Residential Real Estate report surveyed members on their transactions with international clients who purchased and sold U.S. residential property from April 2023 through March 2024. Foreign buyers who resided in the U.S. as recent immigrants or were holding visas that allowed them to live in the U.S. purchased $22.6… The post Foreign Investment in U.S.
Inman
SEPTEMBER 20, 2024
Inman's Power Wheels bracket contest is down to the four best real estate agent automobiles, as determined by your votes.
HomeLight
SEPTEMBER 20, 2024
When buying a home, how the property is classified has a big impact on your finances. The home you choose as your primary residence comes with certain tax benefits and mortgage rates that might save you a lot of money over time. However, misclassifying your home could end up costing you, so it’s important to know the difference. In this guide, we’ll explain how homes are classified, what qualifies as a primary residence, and the financial implications for homeowners.
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RIS Media
SEPTEMBER 20, 2024
According to Google AI, a leadership legacy is the impact a leader has on their organization and industry, and the influence they leave on others. It’s shaped by a leader’s actions, decisions and interactions, and can take many forms. Further, it is defined not only by the accomplishments and vision a person leaves behind but also by how… The post Op-Ed: A Legacy of Leadership appeared first on RISMedia.
HomeLight
SEPTEMBER 20, 2024
If you’re on active duty, a military veteran, or the surviving spouse of someone who has served in the military, buying a home could be more affordable than you realize, thanks to the home loan offered by the Department of Veterans Affairs (VA). Although many have taken advantage of this financing option, others still ask, what is a VA loan, and will I qualify for one?
RIS Media
SEPTEMBER 20, 2024
Forbes Global Properties has announced the real estate firm, Doerfert Immobilien has joined the global brokerage in the markets of Hamburg and the greater north-western area of Germany. This announcement marks an important step in the expansion of Doerfert Immobilien and underscores the company’s position throughout Germany, a release noted. Founded in 2018 by Dane… The post Forbes Global Properties Welcomes German Real Estate Firm Doerfert Immobilien appeared first on RISMedia.
Brownstoner
SEPTEMBER 20, 2024
Our picks for open houses to check out this weekend are found in Windsor Terrace, Flatbush, Bushwick, and Dyker Heights. They range in price from $1.188 million to $1.999 million. 99 East 2nd Street Price: $1.999 million Area: Windsor Terrace Broker: Compass (Carolyn Cedar, Maxine Resnick, Alyssa Morris, Yara Ghossein) Sunday September 22, 12-1:30 p.m.… Read More > The post A Bushwick Wood Frame and More to See, Starting at $1.188 Million appeared first on Brownstoner.
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.
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