Housing Wire

APRIL 1, 2024

Everyone knows it’s been a very dry 18 months for home sales. As mortgage rates rose starting in 2022, payment affordability got dramatically worse and homebuyer demand dried up. At the same time, seller volume dried up. But now sellers are coming back into the market. New listing volume last week was 18% more than a year ago. Total available inventory is gradually climbing about 1% per week — last year it was still declining in April.

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Sales Mortgages Closing Staging 488

Real Estate News

APRIL 1, 2024

The CEO of NextHome, founder of Rayse and co-host of an “unfiltered’ podcast isn’t shy about sharing his thoughts on the agent value prop, tech and NAR.

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Industrial Agents 291

Housing Wire

APRIL 1, 2024

The recent settlement involving the National Association of Realtors and major real estate firms revolves around the practice of “broker cooperation,” where agents representing sellers share commissions with agents representing buyers. Proponents of the lawsuits argue that this customary practice inflates commissions , and believe that buyers and sellers should pay their agent representation separately.

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Equity Agents Land Industrial 492

Real Estate News

APRIL 1, 2024

The firm argues that existing settlements in Sitzer/Burnett need to be finalized before a judgment can be made — and that won’t be an “uncontroversial” process.

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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

APRIL 1, 2024

Mortgage rate buydowns and a limited supply of existing homes have buoyed housing demand for many months despite elevated interest rates. As home prices rose steadily, homeowners also accumulated significant equity. The typical homeowner who purchased a median-priced home in January 2020, assuming a 10% down payment and the prevailing 30-year fixed mortgage rate at that time, has received a $208,000 boost in net worth, according to a report from John Burns Research & Consulting.

Equity 465

Equity Mortgages Marketing 465

Real Estate News

APRIL 1, 2024

CMLS is the latest organization to weigh in on the Massachetts case, while a dispute with the DOJ could shed light on the fate of compensation rules nationally.

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Keeping Current Matters

APRIL 1, 2024

Are you thinking about making a move?

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Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period.

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Equity Finance Purchase and sale agreement Investor 459

Inman

APRIL 1, 2024

Some think the National Association of Realtors' $418 million settlement will prompt more homebuyers to transact without agents. Inman asked industry professionals how they'll handle that situation.

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Agents Industrial Brokerage 192

Housing Wire

APRIL 1, 2024

HousingWire has partnered with New Hampshire Association of Realtors (NHAR) to bring original data, analytics and news to its members who are the voice for real estate in the state. Opportunities are revealed when housing leaders have an industry-spanning, deeply informed perspective, which is made possible through HousingWire insights that members can make decisions on.

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Brokerage Industrial As-is Agents 449

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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.

Brokerage

Inman

APRIL 1, 2024

Mega team leader Carl Medford points to several massive shifts that have caused the current commission crisis and the path he sees forward.

Agents 192

Agents 192

Housing Wire

APRIL 1, 2024

Kentucky is on the brink of ending exclusive real estate listing contracts. The state’s General Assembly passed a bill to protect homebuyers from predatory contracts known as non-title recorded agreements for personal services (NTRAPS) or right-to-list agreements. The practice of right-to-list agreements preys upon homeowners by offering small lump sums of cash in exchange for decades-long contracts for the exclusive rights to sell the property.

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Title Bankruptcy Land Finance 442

Inman

APRIL 1, 2024

The Federal Reserve's preferred inflation gauge moved in the wrong direction last month for the first time since September, but core inflation fell for the 13th consecutive month, to 2.8 percent.

Mortgages 174

Mortgages Agents Marketing 174

Housing Wire

APRIL 1, 2024

A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek to halt the implementation of new rules for modernizing the Community Reinvestment Act (CRA), according to court documents reviewed by HousingWire. Judge Matthew Kacsmaryk sided with organizations including the American Bankers Association (ABA), the U.S.

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Banks Lending Mortgages Industrial 448

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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

APRIL 1, 2024

If approved by shareholders and regulators, the proposed merger would result in an all-cash transaction, with TRG acquiring Doma's outstanding shares at 38 percent premium of $6.29 per share.

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Title Industrial Mortgages 169

Housing Wire

APRIL 1, 2024

Today’s unique market requires flexibility and a pricing engine that empowers lenders and their loan officers to put the right loan products in front of borrowers. HousingWire spoke with Parvesh Sahi, chief revenue officer of Polly , about the importance of having the right PPE and strategic pillars that facilitate LO success. HousingWire: Let’s jump right in.

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Loan Officer Loans Technology Investor 443

Inman

APRIL 1, 2024

If you plan to help out with your kid’s college tuition, there are a variety of real estate investment strategies that can help.

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Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. In October 2023, the firm — which is known for its “buy before you sell” product that enables a mortgage lender to treat the client’s current home as sold while giving them the ability to sell their home on the open market for up to 90 days after buying their new property — launched a partner channel.

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Loan Officer Loans Mortgages Equity 435

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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

APRIL 1, 2024

Mike DelPrete lays out the case for a variety of financial metrics and argues that, at the end of the day, a business eventually needs to make money.

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Housing Wire

APRIL 1, 2024

Former NEXA Mortgage president Mat Grella has accused his partner at the firm, Mike Kortas, of making aircraft-related purchases with company money without his consent, resulting in his “abrupt” termination from the company. Kortas denies his partner’s allegations. “I had grown frustrated with our partnership, coupled with Mike’s fixation on aircraft-related purchases.

Loan Officer 428

Loan Officer Brokerage Mortgages Loans 428

Inman

APRIL 1, 2024

Real-estate startups are beset from all sides by existential threats — No. 1 of which is simply this depressed housing market. Four dozen proptech leaders shared their experiences with Intel.

Marketing 150

Marketing Technology 150

Housing Wire

APRIL 1, 2024

In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the division has proven to be a key player in the business at Longbridge.

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Sales Loan Officer Principal Loans 423

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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

APRIL 1, 2024

According to ATTOM Data’s latest Q1 2024 Single-Family Rental Market report, average gross rental yields on three-bedroom single-family homes are projected to rise by 7.55% this year.

Marketing 130

Marketing 130

Housing Wire

APRIL 1, 2024

After a series of high-profile challenges faced by senior living facilities in the wake of the COVID-19 pandemic, U.S. senior housing facilities appear poised for a rebound, according to reporting from The Wall Street Journal. Occupancy rates at private-pay senior care facilities are nearing pre-pandemic levels, according to new data from the National Investment Center for Seniors Housing & Care (NIC).

Renovation 382

Renovation Technology Design As-is 382

Bigger Pockets

APRIL 1, 2024

After multiple lawsuits, the National Association of Realtors (NAR) has agreed to a settlement with home sellers amounting to a payment of $418 million and a few monumental rule changes […]

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Agents 129

Inman

APRIL 1, 2024

Leading a team can offer tremendous professional rewards if you go into it with the right mindset.

Agents 166

Agents 166

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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

Brokerage

RIS Media

APRIL 1, 2024

Above, Villa O’Calm, Saint Barthelemy, from LeadingRE memberSibarth Real Estate. Photo: Hugo Allard. Search MNPH on luxuryportfolio.com. In a real estate industry that has been riddled with strife—from inflation and high interest rates to a scarcity of inventory—finding new ways to grow brokerage business has become more challenging than ever before.

Brokerage 126

Brokerage Industrial 126

Eye on Housing

APRIL 1, 2024

NAHB analysis of Census data shows that private residential construction spending rose 0.7% in February, the third month of gains in a row. It stood at a seasonally adjusted annual pace of $901.1 billion. The monthly increase in total construction spending is attributed to more single-family construction and improvements. Spending on single-family construction rose 1.4%.

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Construction Residential 116

RIS Media

APRIL 1, 2024

In today’s digital age, social media is not just a platform for social interaction but a pivotal tool in the real estate market. With billions of active users, platforms like Facebook, Instagram, LinkedIn, and TikTok offer fantastic opportunities for real estate agents to showcase their listings, connect with potential buyers and build their brands.

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Branding Agents Marketing Technology 140

Brownstoner

APRIL 1, 2024

Explore the Brooklyn neighborhood that trailblazer Shirley Chisholm called home with a walking tour of Crown Heights North. Brownstoner columnist Suzanne Spellen and Morgan Munsey, both preservationists, will lead a stroll by sites and buildings important in the life of the former Brooklyn Congresswoman. Along the way, attendees will also… Read More > The post Discover Shirley Chisholm’s Brooklyn With a Municipal Art Society Tour appeared first on Brownstoner.

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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