Housing Wire

OCTOBER 28, 2024

After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. In a document filed on Monday in U.S. District Court in Kansas City — less than a month before the NAR settlement is slated for its final approval hearing — Monestier took issue with the business practice changes, sayi

Pre-approval 439

Pre-approval Agents Industrial As-is 439

Keeping Current Matters

OCTOBER 28, 2024

Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from.

Marketing 284

Marketing Sales 284

Housing Wire

OCTOBER 28, 2024

We track inventory and home sales very closely, so the biggest surprise this year has been the resiliency of home prices. Given the unrelenting mortgage costs, generally weak homebuyer demand, and the year’s rising supply of unsold homes, I’ve been expecting home prices to recede a bit in the second half of this year. They have not. That’s an important lesson to learn from when looking into next year.

Mortgages 411

Mortgages Sales Marketing As-is 411

Real Estate News

OCTOBER 28, 2024

The latest numbers suggest that, for the third consecutive fall season, rates will crest that dreaded threshold.

Mortgages 267

Mortgages 267

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Development

Housing Wire

OCTOBER 28, 2024

The Federal Housing Finance Agency has expanded the eligibility for alternative appraisal methods on purchase loans by increasing the maximum loan-to-value (LTV) requirement. The announcement was made on Monday during the Mortgage Bankers Association (MBA) Annual Convention & Expo in Denver, Colorado. The maximum LTV ratio will increase from 80% to 90% for appraisal waivers and from 80% to 97% for inspection-based appraisal waivers, consistent with standard guide eligibility guidelines.

Inspection 459

Inspection Staging Loans Finance 459

Real Estate News

OCTOBER 28, 2024

Scott Durkin, who led Douglas Elliman Realty, was terminated just days after the CEO of its parent company stepped down.

Brokerage 253

Brokerage 253

Real Estate News

OCTOBER 28, 2024

The Leadership Team will now take up the issue, with "no specific date" for resolution. Meanwhile, CMLS calls a hasty repeal of CCP "reckless and unnecessary.

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190

Housing Wire

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index. This increased refinance incentive, and mortgage applications reached their highest level in more than two years—surging by 11% according to the Mortgage Bankers Association in the week following the rate cut.

Loan Officer 360

Loan Officer Pre-approval Technology Loans 360

Inman

OCTOBER 28, 2024

For real estate professionals, receiving a referral is a testament to a job well done — and can contribute to the strength of a business.

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179

Housing Wire

OCTOBER 28, 2024

I have attended several industry events recently and so many of the discussions continue to focus on the short game—top of funnel. I find myself wondering after all these years and despite abundant real estate tech innovations to support the entire buyer/seller lifecycle, are we stuck as an industry in a fixed mindset, unable to move beyond simply lead gen?

Industrial 357

Industrial Technology Brokerage Agents 357

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.

Industrial

Inman

OCTOBER 28, 2024

Before drastic changes are made to Clear Cooperation, CoreLogic's Devi Mateti writes, it's worth noting that existing technology solutions already provide much of the flexibility being debated.

Technology 174

Technology MLS 174

Housing Wire

OCTOBER 28, 2024

Douglas Elliman continues to shake up its leadership team. In a document filed on Friday with the Securities and Exchange Commission (SEC), the firm announced the termination of Douglas Elliman Realty CEO Scott Durkin, as first reported by The New York Times. According to the filing, Durkin was “terminated, effectively immediately.” Durkin’s dismissal came just days after the firm announced the retirement of parent company CEO Howard Lorber.

Brokerage 337

Brokerage Investor Finance Agents 337

Inman

OCTOBER 28, 2024

Real estate agent Suzanne Simpson has been missing since Oct. 7. Olmos Park authorities have arrested her husband, Brad, for obstructing a search of the couple's home last week.

Agents 170

Agents 170

Housing Wire

OCTOBER 28, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO)’s dedicated reverse mortgage development work group is targeting January 2025 as the release window for reverse mortgage standards it is helping to develop. Industry professionals hope these standards can go a long way toward normalizing reverse mortgage products within the mainstream lending ecosystem.

Mortgages 353

Mortgages Lending Industrial Title 353

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Brokerage

Inman

OCTOBER 28, 2024

"Bond vigilantes" figure "no matter which party wins the White House and the Congress, fiscal policies will bloat the budget deficit and heat up inflation," Wall Street veteran Ed Yardeni warns.

Staging 165

Staging Investor Mortgages Marketing 165

Housing Wire

OCTOBER 28, 2024

After staying silent on the topic for nearly two months, the Council of Multiple Listing Services (CMLS) finally weighed in on the debate surrounding the Clear Cooperation Policy (CCP) of the National Association of Realtors (NAR). In an email sent to members last week, CMLS CEO Denee Evans wrote that the group believes that CCP should remain in place and that any modifications made “should preserve the spirit and effect of the policy.

Brokerage 359

Brokerage Equity As-is Industrial 359

Inman

OCTOBER 28, 2024

Windermere’s Principal Economist Jeff Tucker looks at September’s "disappointing" existing-home sales report and discusses some of the factors impacting the numbers.

Sales 164

Sales Principal Marketing Agents 164

Housing Wire

OCTOBER 28, 2024

Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. The Loan Store — a wholesale lender based in Arizona — will now use the Gateless Smart Underwrite platform, according to a recent announcement. The artificial intelligence-based platform, the latest addition to the Gateless AI mortgage tool suite, aims to enhance The Loan Store’s underwriting capabilities.

Loans 332

Loans Mortgages Technology Development 332

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Agents

Inman

OCTOBER 28, 2024

As the players duke it out on the field, Inman readers will decide which star's pad reigns supreme by their votes. The final winner must hit it out of the park to determine the best luxury home of all.

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160

Housing Wire

OCTOBER 28, 2024

In an environment where technology is increasingly becoming a recruitment tool for brokerages, eXp Realty has partnered with a data provider in an effort to give its agents an advantage over the competition. The brokerage on Monday announced a new partnership with Sisu, a real estate business intelligence platform that provides agents the ability to set goals, monitor performance and compete with each other via a leaderboard and individual contests.

Agents 329

Agents Brokerage Technology As-is 329

Inman

OCTOBER 28, 2024

Want to avoid falling behind on business or personal goals this holiday season? Rachael Hite tells you how to embrace the TikTok winter arc trend to stay ahead of the game.

Agents 158

Agents Marketing 158

Housing Wire

OCTOBER 28, 2024

Optimal Blue on Monday announced three major product releases — the expansion of its artificial intelligence (AI) assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. “Each of these newly announced updates helps our clients address changing market conditions with agility, clarity, and precision,” Joe Tyrrell , CEO of Optimal Blue , said in a statement. “From loan officers to secondary marketing teams

Loan Officer 327

Loan Officer Investor Loans Mortgages 327

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Agents

Inman

OCTOBER 28, 2024

Durkin's departure was announced in an SEC filing on Monday and came after reports emerged about the nature of former Elliman CEO Howard Lorber's retirement, which was allegedly pressured by Elliman's board.

Brokerage 152

Brokerage Agents 152

HomeLight

OCTOBER 28, 2024

You may be thinking of selling your home but are still deciding whether you’re in a good position to make a move. Yes, there’s a lot to consider, but there are some simple financial, market, and life meters that can act as a litmus test to help set your course. In this brief post, we’ll provide nine initial “Am I ready?” questions to ask first if you’re thinking of selling your home.

Pre-approval 110

Pre-approval Debt-to-income ratio Equity Loans 110

Inman

OCTOBER 28, 2024

Cutting expenses in 2025 doesn’t mean sacrificing quality, Chris Pollinger writes. By strategically managing your budget, you can maintain profitability and reinvest savings into the areas that truly drive growth.

Technology 147

Technology Agents Marketing 147

HomeLight

OCTOBER 28, 2024

Selling your home is a major change, and while it’s definitely exciting to move on to a new chapter in your life, there’s a lot to learn about the process before you get started. One of the most important things that you should keep in mind is that there are several costs you’ll need to pay to finalize your sale. Nationwide, closing costs for sellers can range from 6% and 10% of a property’s sale price.

Closing costs 105

Closing costs Closing Title Sales 105

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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

Bigger Pockets

OCTOBER 28, 2024

Despite mortgage rate unpredictability, the real estate market is growing in some of the country’s priciest cities.

Investor 128

Investor Marketing Mortgages 128

Estate Agent Today

OCTOBER 28, 2024

Simplifying the home-buying process has been ranked as the most important housing issue for the Budget, according to Rightmove.

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119

Bigger Pockets

OCTOBER 28, 2024

Today’s guest bought his first rental property within just ninety days of learning about real estate investing.

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125

Estate Agent Today

OCTOBER 28, 2024

Online agency brand Yopa has signed a long-term contract with Zoopla.

Branding 116

Branding 116

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