Housing Wire
OCTOBER 10, 2024
The Real Brokerage ’s explosive growth continues. The company has added the Grant Johnson Group , based in the Minneapolis area, bringing 55 agents to Real and pushing the brokerage’s total agent count past 22,000. “It’s fitting that a fast-growing team, focused on building a strong culture, has helped us surpass 22,000 agents,” Real President Sharran Srivatsaa said in a statement.
Real Estate News
OCTOBER 10, 2024
The trade organization filed an official request with the high court today, asking for a review of an antitrust case that was ostensibly closed in 2021.
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Housing Wire
OCTOBER 10, 2024
Ongoing supply and affordability challenges in the housing market have frustrated many homeowners who have looked to trade up or relocate for various reasons. In response, some consumers have turned to renovation projects to meet their needs. According to survey data released this week by St. Louis-based Clever Real Estate , 63% of homeowners would rather remodel their current home than move to one that has already been fixed up.
Keeping Current Matters
OCTOBER 10, 2024
If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost.
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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.
Housing Wire
OCTOBER 10, 2024
If there was any doubt that the Federal Reserve’s half-point interest rate cut was the right move, those doubts are fading, and there’s reason to support another cut in the coming months. That’s because the U.S. Bureau of Labor Statistics’s Consumer Price Index (CPI) for September fell by 0.1 percentage points compared to August and sits at a measured 2.4% year-over-year.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 10, 2024
Similar to past experiences, Hurricane Helene may lead to 5% of mortgage borrowers in affected areas becoming delinquent but eventually self-curing over the next 12 months, according to a Bank of America (BofA) analysis. The hurricane, which made landfall in Florida in late September, also impacted parts of North Carolina, South Carolina, Virginia and Georgia.
Inman
OCTOBER 10, 2024
While no agent is perfect, we should all continually strive for excellence, no matter where we are in our journey as an agent from brand new to very experienced, broker Cara Ameer writes.
Housing Wire
OCTOBER 10, 2024
Struggling fintech LoanSnap had its mortgage lender license in Connecticut revoked in early October by state authorities, adding to the company’s legal and financial problems. The firm was first licensed to do mortgage business in Connecticut in January 2021 and applied for a renewal in December 2023. The request was pending, but in July, the company had its mortgage lender license in the state automatically suspended.
Inman
OCTOBER 10, 2024
Learn how this problem solver, communicator and strategic thinker is bringing his style of decisive leadership to Christie's International Real Estate Group New Jersey.
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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.
Housing Wire
OCTOBER 10, 2024
What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells. The technology companies will tether their respective services with the goal of streamlining the process of getting a home ready for sale. The Renovation Sells platform focuses on design and construction, while the loans come from HouseAmp.
Inman
OCTOBER 10, 2024
The American Real Estate Association is looking for those 'fined or otherwise harmed' by the National Association of Realtors' pocket listing rule and are interested in "collective action.
Housing Wire
OCTOBER 10, 2024
Real estate data provider CoreLogic is unveiling a new artificial intelligence -powered property and location intelligence platform. The California-based company is launching the Araya platform, according to an announcement on Tuesday. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.
Inman
OCTOBER 10, 2024
Inman seeks fresh perspectives and new ideas from people like you for the Inman Connect stage when the conference returns to New York City in January. Fill out a short form to apply.
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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.
Housing Wire
OCTOBER 10, 2024
Social Security benefits and Supplemental Security Income (SSI) payments will rise by 2.5% in 2025, the lowest such increase since 2021. This reflects cooling levels of inflation after a period of historic increases, which pushed the cost-of-living adjustment (COLA) to its own heights during and after the COVID-19 pandemic. The benefits, which apply to more than 72 million Americans, will translate into a roughly $50 increase on a monthly basis, according to the Social Security Administration (S
Inman
OCTOBER 10, 2024
Bright MLS CEO Brian Donnellan takes issue with assertions made by Compass CEO Robert Reffkin in his Oct. 8 op-ed for Inman on the role of MLSs in promoting Clear Cooperation.
Housing Wire
OCTOBER 10, 2024
I started doing weekly interviews with tech executives over a year ago to find out where technology was making a real difference in housing and to keep a pulse on trends — especially artificial intelligence (AI). Open AI launched the first version of ChatGPT on Nov. 30, 2022. Mortgage and real estate firms began developing use cases in 2023. But what has happened in the past year — and especially in the last six months — is incredible.
Inman
OCTOBER 10, 2024
Most real estate professionals say little has changed since new commission rules went into effect in August. But for a smaller group, the changes have unleashed a completely different experience.
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Housing Wire
OCTOBER 10, 2024
Compass has a new head of investor relations. On Wednesday, the brokerage firm announced that it has appointed Soham Bohnsle to lead its investor relations division. Bohnsle has more than a decade of experience covering the housing sector, most recently as a senior analyst at BTIG. He also held roles at Morgan Stanley and Susquehanna International Group , where he began his career in housing as a research assistant. “We sought someone who could deliver an immediate impact, and Soham’
Inman
OCTOBER 10, 2024
The Sacramento-based Prime Real Estate Team has transitioned from Side to eXp Realty after seven years, the brokerage announced on Wednesday. After serving the white-label brokerage in the Folsom and Greater Sacramento areas, the team is ready to advance the real estate industry with eXp.
Housing Wire
OCTOBER 10, 2024
Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban Development (HUD), described a need for more reverse mortgage comprehension during an interview at this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego.
Inman
OCTOBER 10, 2024
Reports send mixed signals on the economy, with CPI showing prices rose more sharply than expected in September and jobless claims surging to highest level in more than a year.
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Housing Wire
OCTOBER 10, 2024
While the homebuyer commission lawsuits continue to be a thorn in the side of the real estate industry, three corporate brokerages have at least for now recorded a small win. On Wednesday, Chicago-based U.S. District Court Judge LaShonda Hunt, who is overseeing both Batton suits after Judge Andrea Wood recused herself in early September, granted RE/MAX , Keller Williams and Anywhere’s joint motion to stay the case during a status hearing.
Inman
OCTOBER 10, 2024
Baffled by a home that's languishing on the market? Mega-team leader Carl Medford offers a step-by-step plan for evaluating your listing and getting it sold.
Housing Wire
OCTOBER 10, 2024
Prominent housing finance attorney Gina Hough and her associate Trevor Cardo have joined Ballard Spahr ‘s housing finance practice, the firm announced this week. Hogh, a former vice president and deputy general counsel at Fannie Mae , will join as senior associate, said housing finance practice chair Peter Michaud. She’ll work out of the Washington, D.C. office while Cardo will be based out of New York.
Inman
OCTOBER 10, 2024
The trade group's petition leans heavily on the government's promise to close investigations into the Clear Cooperation Policy and the Participation Rule.
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RIS Media
OCTOBER 10, 2024
Above, from left, Jillian Young, Donny Samson, Drayton Saunders, Kate Rossi and Cindy Ariosa As the industry reconciles with new realities in the post-National Association of REALTORS® (NAR)-settlement era, agent attrition has been acknowledged as one of the expected consequences. Some top real estate minds recently gathered to discuss solutions—not only for how to prevent… The post Leaders Offer Solutions for Preventing Agent Attrition in a Post-Settlement Landscape appeared first on RISM
Inman
OCTOBER 10, 2024
Customers of RealReports can now access in-home energy insights from Pearl Certification, a provider of property energy analytics.
RIS Media
OCTOBER 10, 2024
Why do so many brokerages pursue a costly and outmoded “best-in-class” tech strategy when it rarely delivers on its promises? Despite good intentions, assembling a patchwork of standalone tech tools creates a fragmented mess that hinders productivity and drives up costs. The allure of having the “best” often blinds broker/owners to the inefficiencies and frustrations… The post How Much Does Your ‘Frankenstack’ Tech Strategy Cost?
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