Keeping Current Matters

NOVEMBER 15, 2023

The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.

Marketing 363

Marketing 363

Housing Wire

NOVEMBER 15, 2023

Detroit-headquartered lender Rocket Mortgage faces a class-action lawsuit for making repeated, unsolicited telephone calls, violating the Telephone Consumer Protection Act (TCPA). According to the suit filed in the U.S. District Court for the District of Arizona on Tuesday, Kellie Deits – a resident of Arizona — received a call from a Rocket Mortgage representative in April who offered her mortgage products and services she had not requested nor inquired about.

Mortgages 485

Mortgages Residential Industrial As-is 485

Real Estate News

NOVEMBER 15, 2023

Willis previously held the top leadership position at Keller Williams Realty from 2005-2015 and had recently rejoined the company in a consulting capacity.

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Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). Yun took the stage on Tuesday at NAR NXT , the trade group’s annual conference in Anaheim, California. He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real es

Sales 482

Sales New Construction Staging Mortgages 482

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Real Estate News

NOVEMBER 15, 2023

Although the jury reached a verdict in the Sitzer/Burnett lawsuit on Oct. 31, post-trial motions will keep any judgment on hold until spring.

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Housing Wire

NOVEMBER 15, 2023

Providence, Rhode Island-based Citizens Bank , the 28th largest U.S. mortgage lender, has decided to close its wholesale channel, which produced over $1 billion in volume in the first half of this year. “After careful consideration, Citizens has made the difficult decision today to discontinue originations in the mortgage wholesale channel,” Chace Gundlach, senior vice president and national sales director, said in letters sent to broker partners on Tuesday and reviewed by HousingWire.

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Banks Mortgages Finance Brokerage 466

Housing Wire

NOVEMBER 15, 2023

Both purchase and refinance applications increased to their highest weekly pace in five weeks after mortgage rates logged the largest decline in a year. Total home loan applications increased 2.8% for the week ending Nov. 10 compared to the previous week , according to weekly data from the Mortgage Bankers Association (MBA). The 30-year, fixed mortgage rate averaged 7.5%, falling 26 basis points in one week, according to Freddie Mac ‘s Primary Mortgage Market Survey.

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VA loan FHA loan Mortgages Loans 463

Inman

NOVEMBER 15, 2023

For weeks, the eyes of real estate's agents and leadership were on the Sitzer | Burnett trial. They shared their thoughts and fears as part of Intel's monthly real estate sentiment survey.

Agents 188

Agents Brokerage 188

Housing Wire

NOVEMBER 15, 2023

Michigan-based United Wholesale Mortgage (UWM) wants to court more brokers by offering no-cost appraisals on 1-0 temporary rate buydowns amid fierce competition in the industry. The wholesale lender will cover up to $600 of the appraisal cost on all conventional and government-backed home loans until March 31 when a broker uses UWM’s 1-0 temporary rate buydown.

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Loans Mortgages Industrial Closing 452

Inman

NOVEMBER 15, 2023

Don't be a shrinking violet when it comes to your compensation. Broker Cara Ameer teaches you how to ask for what you're worth and have that tough buyer commission talk.

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Brokerage Agents 187

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

NOVEMBER 15, 2023

The economic trifecta of rising interest rates , persistently high home prices and record undersupply is making home buying increasingly challenging. Every loan on your book matters more than ever; the next lead you have is your most important. The current business environment has left originators scratching their heads and trying new things. Luckily, the mortgage industry is cyclical, so let’s take a look at how you can turn a negative into a positive and grab clients’ attention through effecti

Mortgages 446

Mortgages Marketing Agents Industrial 446

Inman

NOVEMBER 15, 2023

The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs' attorney said if the trade group doesn't change, it risks an injunction and DOJ wrath.

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MLS Agents 183

Housing Wire

NOVEMBER 15, 2023

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) managed another solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title II Single Family Mortgage Insurance programs. The FHA’s MMI Fund achieved a capital reserve ratio of 10.51% as of Sept. 30, a year-over-year drop of 0.6% from 2022 , according to FHA’s Annual Report to Congress released on Wednesday.

Mortgages 440

Mortgages Equity Loans Title 440

Inman

NOVEMBER 15, 2023

Dwellsy channels rentals from multiple portals, management systems and third-party listing sites across all residential property types and publishes industry trend reports.

Residential 175

Residential Industrial Finance Technology 175

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Housing Wire

NOVEMBER 15, 2023

Plunk , an AI-powered home analytics platform, announced a proptech partnership with BHR , a housing data aggregator. Through this collaboration, BHR’s RealReports platform will integrate Plunk’s proprietary AI technology, making property data even more accessible to real estate professionals. Property research, comprehensive valuation and remodeling insights will all be available in one place.

Technology 439

Technology Agents Industrial Marketing 439

Inman

NOVEMBER 15, 2023

The CEO stressed to agents during a keynote address at Compass RETREAT on Tuesday that getting back to basics and forging sincere connections with clients would be the key to surviving and thriving in the current market.

Agents 173

Agents Marketing Technology Brokerage 173

Housing Wire

NOVEMBER 15, 2023

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. Class Valuation acquired the company to bolster its position in the appraisal marketplace further, according to an announcement of the deal.

Technology 427

Technology Development Residential Mortgages 427

Inman

NOVEMBER 15, 2023

Mark Willis is Keller Williams' new CEO, according to an announcement on Wednesday. Willis' first KW CEO tenure was from 2005 to 2015, and he returned to the company in July as a strategic consultant.

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As-is Brokerage 171

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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.

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Housing Wire

NOVEMBER 15, 2023

Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs. On average, homebuyers put down 14.7% of the home’s purchase price for a primary home in Q3, up from 13.6% one year ago, according to a Realtor.com report. The median down payment was $30,000 in Q3, up from $27,300 the same quarter a year ago.

Mortgages 426

Mortgages Sales As-is Marketing 426

Inman

NOVEMBER 15, 2023

ListAssist and BoxBrownie, as well as Sensor Global and Openn, are attending NXT under the umbrella of NAR Reach Australia-New Zealand, a technology-focused industry advocacy organization and product accelerator.

Technology 169

Technology Industrial MLS Agents 169

Housing Wire

NOVEMBER 15, 2023

Stavvy , a fintech firm specializing in digital and remote collaboration for lending and real estate companies, acquired SigniaDocuments, a technology suite from Texas-based lender Evolve Mortgage Services. Terms of the deal were not announced. Stavvy will acquire assets, including eClosing tools, eNote and eVault services, eRegistry capabilities for agency and non-agency loans and SigniaDocuments’ SMART Doc technology – a data-driven electronic document engine.

Technology 419

Technology Lending Loans Title 419

Inman

NOVEMBER 15, 2023

The industry is still unpacking the Sitzer | Burnett verdict and its impact on commissions, Inman Director of Research Chris LeBarton told Intel. After that, expect even more queries from clients.

Industrial 168

Industrial Brokerage Agents Marketing 168

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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

Bigger Pockets

NOVEMBER 15, 2023

After a whirlwind of struggles throughout the year, some of these high-value commercial properties are facing huge risks that could reshape their markets. See the full list here.

Commercial 132

Commercial Marketing 132

Inman

NOVEMBER 15, 2023

According to The Agency's Rainy Hake Austin, meeting the challenges of 2024 will require you to get in touch with an essential truth about the real estate business: You've never arrived.

Development 166

Development Brokerage Agents Marketing 166

Bigger Pockets

NOVEMBER 15, 2023

A high savings rate will help you build wealth, sure. But it can also do a lot of other things that you might not have thought about.

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Inman

NOVEMBER 15, 2023

Join us for an engaging 30-minute webinar, featuring a compelling case study that unveils the transformative impact of a TitleEase franchise in a challenging market. Delve into how this model can be your game-changer, as we explore how diverse strategies and a franchise can elevate your real estate business.

Marketing 160

Marketing 160

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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

NOVEMBER 15, 2023

Investors have been pushed into a corner with high prices, capital calls, and unfavorable interest rates. How do you deploy your money in times like now?

Investor 131

Investor 131

Inman

NOVEMBER 15, 2023

Cultivating an attitude of gratitude is essential, especially when times are challenging. As we approach the holiday season, tell us what you're thankful for.

As-is 158

As-is Brokerage Agents 158

Bigger Pockets

NOVEMBER 15, 2023

Self-storage investing saved AJ Osborne’s life. After sudden paralysis and being left in a coma, AJ was fired from his job.

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Inman

NOVEMBER 15, 2023

Co-branded ComeHome solution on Ally's website will provide would-be homebuyers with access to listings and loan options and encourage existing homeowners to explore refinancing and HELOCs.

Mortgages 157

Mortgages Branding Loans Banks 157

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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.

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