Housing Wire

OCTOBER 21, 2024

Another regulator has sued Rocket Mortgage for allegedly discriminating against a Black homeowner by undervaluing her home during an appraisal in Colorado three years ago. And the Detroit-based lender believes it’s a “massive overreach.” On Monday, the U.S. Department of Justice —following a move made by the U.S. Department of Housing and Urban Development (HUD) in July—filed a lawsuit against the lender, appraiser Maksym Mykhailyna and his company, Maverick Appraisal Group ,

Mortgages 511

Mortgages Branding Development Sales 511

Real Estate News

OCTOBER 21, 2024

A case filed in Pennsylvania challenges membership rules and accuses associations of discriminatory treatment of minority real estate professionals.

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Housing Wire

OCTOBER 21, 2024

Since 2019, the state of Florida has built more than 77,000 new properties in areas with a high risk of flooding. This is the most among all states, according to an analysis by climate-modeling firm First Street Foundation on behalf of the The Wall Street Journal. The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said.

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Construction Development Finance Mortgages 492

Real Estate News

OCTOBER 21, 2024

The DANGER Report spelled out risks for MLSs, state and local Realtor associations, and NAR — which has weathered unprecedented challenges to its authority.

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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.

Industrial

Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. real estate market is marked by contradictions that are leaving many confused. Mortgage rates, rental patterns, homeownership dreams, and housing trends across the country are all seemingly colliding in ways that create both opportunities and uncertainties. It’s a complex landscape where the tension between renting and owning is more pronounced than ever, and regional differences in housing demand highlight the uneven nature of the market.

Marketing 492

Marketing Mortgages Finance Agents 492

Real Estate News

OCTOBER 21, 2024

The defendants cite a lack of jurisdiction in the case, which alleges that NAR “controls competition” and accuses brokers of steering buyers away from listings.

Brokerage 202

Brokerage 202

Keeping Current Matters

OCTOBER 21, 2024

Curious about where the housing market is headed in 2025?

Mortgages 285

Mortgages Marketing 285

Housing Wire

OCTOBER 21, 2024

Despite the Florida hurricanes, and in the face of recently rising mortgage rates , unsold inventory of homes on the market climbed this week by about 1%. We’ve been expecting inventory to climb, and to tick up again next week before seasonal inventory declines start in November. The seasonal changes in the housing market are very different from what they used to be with inventory peaking two or three months later in the year.

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Investor Mortgages Sales Marketing 462

Inman

OCTOBER 21, 2024

Maurice Muhammad alleges a "monopoly" by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents.

MLS 186

MLS Agents 186

Housing Wire

OCTOBER 21, 2024

The legal woes continue for the National Association of Realtors (NAR). On Wednesday, Maurice Muhammad — the broker of Progressive Realty — filed a complaint in U.S. District Court in Pennsylvania claiming that NAR, the Pennsylvania Association of Realtors (PAR) and the Greater Lehigh Valley MLS (GLVMLS) have violated federal civil rights statutes, engaged in unlawful discriminatory practices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

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MLS Industrial Agents Brokerage 448

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Brokerage

Inman

OCTOBER 21, 2024

I started my real estate career as an agent 23 years ago. Today, I consider myself fortunate to have my dream job as a director of learning for a global real estate brand. I recently helped launch the CENTURY 21 International Leadership Academy to help real estate professionals increase their leadership capacity.

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Branding Agents 183

Housing Wire

OCTOBER 21, 2024

The remaining defendants in Homie Technologies’ antitrust suit are seeking to have the case dismissed. On Friday, the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America and RE/MAX filed motions to dismiss the suit, which was originally filed in mid-August in U.S. District Court in Utah.

Brokerage 447

Brokerage MLS Agents Branding 447

Inman

OCTOBER 21, 2024

Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot.

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Brokerage Agents 174

Housing Wire

OCTOBER 21, 2024

The controversial Clear Cooperation Policy from the National Association of Realtors continues to spark debate — for several reasons — among real estate professionals. (Image generated by AI in Midjourney) With the Aug. 17 implementation deadline for the business practice changes outlined in National Association of Realtors’ commission lawsuit settlement agreement in the rearview mirror, the real estate industry has turned its focus to a new point of contention — NAR’s Clear Cooperation Policy (

MLS 446

MLS Brokerage Industrial Agents 446

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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

OCTOBER 21, 2024

Richard Saghian, the founder of the California-based online fashion company Fashion Nova, has expanded his real estate portfolio with the purchase of two Miami Beach properties for $30 million, The Real Deal reported Wednesday. The acquisition includes a waterfront home at 5718 North Bay Road and a non-waterfront property at 5725 North Bay Road.

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Marketing 163

Housing Wire

OCTOBER 21, 2024

The mortgage industry faces constant change. Regulations shift, customer needs evolve, and economic conditions fluctuate. Lenders need a loan origination system (LOS) that can keep up with the changing times. Encompass by ICE Mortgage Technology aims to provide a flexible end-to-end solution for lenders in a modern market. Encompass offers a unified platform for lenders to handle every aspect of the loan process.

Technology 436

Technology Mortgages Lending Loans 436

Inman

OCTOBER 21, 2024

Maintaining a healthy cash flow, controlling debt, building an emergency fund, planning for taxes and retirement — Keller Williams’ Julia Lashay Israel serves up the financial gut check questions every business needs to ponder.

Finance 155

Finance Brokerage Agents 155

Housing Wire

OCTOBER 21, 2024

An effort seeking summary judgment in a case brought by Texas Capital Bank (TCB) against Ginnie Mae over reverse mortgage-related collateral has been denied by presiding Judge Matthew Kacsmaryk, according to a court filing reviewed by HousingWire ’s Reverse Mortgage Daily (RMD). TCB sought summary judgment in a court filing this past summer, which would have allowed the presiding judge to decide part of the case prior to a trial.

Banks 429

Banks Equity Mortgages Loans 429

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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

OCTOBER 21, 2024

Another worry for bond market investors is "quantitative tightening," the Fed's program to trim its massive holdings of government debt and mortgages.

Mortgages 155

Mortgages Investor Marketing 155

Housing Wire

OCTOBER 21, 2024

In a high(er) rate environment, non-QM (non-qualified mortgage) lending continues to play an increasingly pivotal role. To explore how Acra Lending has adapted to these shifts, we sat down with Ryan Barrus, a key player in the company’s non-QM division. In this conversation, Ryan shares Acra Lending’s blueprint for broker growth, including insights on how Acra Lending navigated the pandemic, built relationships with referral partners, and developed tools that help brokers streamline non-QM

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Lending Loan Officer Banks Loans 417

Inman

OCTOBER 21, 2024

Jason Peteler of Revel Real Estate and Matthew Yim of Coldwell Banker only knew at first that an EV company had rented their listing for a few days as a filming location. They had no idea it would be the first home in which Tesla's Optimus Robot would be filmed.

Agents 144

Agents Marketing 144

Housing Wire

OCTOBER 21, 2024

Mutual of Omaha Mortgage has been given more time to respond to allegations against it in a case that accuses the lender of operating manipulative websites that skew reverse mortgage reviews in its favor. The suit, brought by reverse mortgage competitor Longbridge Financial , alleges that Mutual of Omaha operates a series of websites that are both deceptive and purportedly in violation of the Real Estate Settlement Procedures Act (RESPA) as well as guidance from the Federal Trade Commission (FTC

Lending 358

Lending Mortgages Industrial As-is 358

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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

OCTOBER 21, 2024

Now operating as Century 21 1st Priority Realty, Duc Lu and his team will have access to the brand’s technology, marketing, lead generation and agent coaching tools and platforms. Lu plans to initially streamline internal operations at his brokerage before focusing on external growth.

Brokerage 117

Brokerage Technology Agents Marketing 117

Bigger Pockets

OCTOBER 21, 2024

Proposition 33—a measure on this year’s California election ballot that would increase rent control laws by limiting the amount landlords can charge for rent, regardless of an apartment’s rental history, […]

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RIS Media

OCTOBER 21, 2024

Dee Evans worked for a Texas mortgage company to help put her husband through dental school. By the time he was in practice, she had decided to take the leap into sales. She was licensed as a REALTOR® in 2003. By 2005, she was a top producer for Ebby Halliday in Rockwall, Texas, and four… The post Coldwell Banker Texas Team Is All About the Client appeared first on RISMedia.

Mortgages 118

Mortgages Sales As-is Industrial 118

Bigger Pockets

OCTOBER 21, 2024

What if you could not only replace but make MUCH more than your W2 salary with real estate investing? Now, imagine you could do it all in just two years.

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Brokerage

RIS Media

OCTOBER 21, 2024

Unless you and your team don’t have an office carpool, odds are that you’re all spending a lot of time driving yourselves from the office, to open houses, etc. What are the best ways to ensure the time you spend in the car doesn’t feel like gaps in the workday, but full parts of it?… The post Team Tactics: 4 Ways to Make the Most of Driving as a REALTOR® appeared first on RISMedia.

Development 119

Development Industrial Agents 119

HomeLight

OCTOBER 21, 2024

It’s tough to get a great deal on a house when the trend is to pay over the asking price. A study from the National Association of Realtors (NAR) revealed that 25% of all buyers paid more than 100% of the asking price for their home. With this guide, we’ll help you develop a razor-sharp bargain house-hunting strategy , featuring clever ways to save and tips for spotting an opportunity in disguise.

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Days on market Agents Development Sales 111

RIS Media

OCTOBER 21, 2024

Despite some better economic signs—such as the latest Consumer Price Index seeing the smallest annual increase since February 2021—non-profit research firm The Conference Board’s forward-looking measure of the economy, Leading Economic Index (LEI), has continued to decline for the seventh straight month. The LEI fell 0.5% in September to 99.7, following a 0.3% decline in… The post Future-Focused Economic Index Continues Monthly Fall Despite Recent Positives appeared first on RISMedia.

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Industrial 115

HomeLight

OCTOBER 21, 2024

Learning that a parent or spouse has dementia can leave you reeling. Even if the symptoms are mild — Mom’s been losing her purse more often and missed some appointments — you know the day is coming when she won’t be able to manage her affairs or live on her own. As you contemplate her future and the cost of care, you wonder if a person with dementia can sell their home.

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Design Agents As-is Closing 111

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.

Agents