Housing Wire
SEPTEMBER 24, 2024
Home prices have reached yet another all-time high, but the pace of growth is slowing. That’s according to the S&P CoreLogic Case-Shiller Index for July, which shows U.S. home prices rising 5% year over year. Growth in major U.S. cities was even higher, as the 10-city composite index was up 6.8% year over year and the 20-city composite index was up 5.9%.
Keeping Current Matters
SEPTEMBER 24, 2024
Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it.
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Housing Wire
SEPTEMBER 24, 2024
Invitation Homes , the largest owner of U.S. single-family rental homes , has agreed to pay $48 million to consumers and change some of its practices, according to a proposed settlement with the Federal Trade Commission (FTC) that was announced Tuesday. According to the FTC, Invitation Homes advertised monthly rent prices without including mandatory “junk fees.
Real Estate News
SEPTEMBER 24, 2024
Agent count is growing, teams are expanding and its new compensation plan — Redfin Next — is going national faster than expected, according to a top exec.
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.
Housing Wire
SEPTEMBER 24, 2024
The mayor of South Portland, Maine , recently acknowledged that property taxes in the region are particularly challenging for those living on a fixed income. When offering advice on how to manage these costs, the mayor brought up the potential for a reverse mortgage. This is according to local reporting by The Maine Wire from a recent city council meeting.
Real Estate News
SEPTEMBER 24, 2024
The brokerage platform also asked a judge to dismiss a copycat commissions lawsuit, saying it fails to prove Side conspired with anyone over agent compensation.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
SEPTEMBER 24, 2024
Most homebuyers will continue to use an agent and most homesellers will continue to cover buyer agent commissions, writes broker-owner Eric Bramlett of Austin-based Bramlett Residential.
Housing Wire
SEPTEMBER 24, 2024
Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago. People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. But people have returned to the Windy City and, lately, home prices have grown at a pace that would be perfect for Goldilocks — not too hot, not too cold, but just right.
Inman
SEPTEMBER 24, 2024
The partnership allows Miami Association of Realtors members access to Solid Earth's Ezement Dashboard, which aims to heighten security while eliminating passwords, executives said Friday.
Housing Wire
SEPTEMBER 24, 2024
Top U.S. mortgage lender United Wholesale Mortgage (UWM) this week won a three-year legal battle with a mortgage brokerage firm. The case involves the lender’s controversial “All-In” initiative, which states that brokers who work with UWM cannot engage in business with competitors Rocket Mortgage and Fairway Independent Mortgage Corp.
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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.
Inman
SEPTEMBER 24, 2024
Holm, who leads the Holm Team in Austin, has leaned into the city's burgeoning tech industry, and he'll share his insights on Silicon Valley's emergence in Texas at Inman Connect Austin next month.
Housing Wire
SEPTEMBER 24, 2024
Roemanu , the holding company for Toorak Capital Partners and Merchants Mortgage , announced on Tuesday that it has hired former Finance of America executive Charles Macintosh as its chief operating officer. Macintosh will also join Roemanu’s executive committee and oversee multiple areas of the business from its headquarters in Tampa and its office in Summit, New Jersey.
Inman
SEPTEMBER 24, 2024
Running a successful business isn't just about the big things, coach Verl Workman writes. Often, it's about the small, incremental habits that add up over time.
Housing Wire
SEPTEMBER 24, 2024
Less than a week after an amended complaint added a slew of new plaintiffs to the Davis homebuyer commission lawsuit , the judge overseeing the case has denied defendant Hanna Holdings ’ motion to dismiss or transfer the suit. Judge Wendy Beetlestone of the U.S. District Court for the Eastern District of Pennsylvania issued her ruling on Monday. Hanna Holdings, the parent company of Howard Hanna Real Estate Services, filed its motion to dismiss the suit in early August.
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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.
Inman
SEPTEMBER 24, 2024
Realtor.com released its new map-based search experience on Tuesday, which uses color-coded map layers to help homebuyers find their next home based on preferred home features and market trends.
Housing Wire
SEPTEMBER 24, 2024
Coldwell Banker Realty is strengthening its roster of California- based agents. On Monday, the brokerage announced that it was welcoming top-performing agent Jing Hu to the firm’s office in the Silicon Valley hub of Cupertino. Hu was previously brokered with Keller Williams Santa Clara Valley. She transitioned to real estate sales in May 2022 after a three-year career in property management. “As a Bay Area resident for the past ten years and with a background in property management, I unde
Inman
SEPTEMBER 24, 2024
Drawing on his expertise in door-to-door sales, Richins founded RealD2D, a team offering coaching and training programs. These services focus on building client relationships, developing sales strategies and guiding decision-making.
Housing Wire
SEPTEMBER 24, 2024
New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez , announced on Tuesday that it plans to raise money for “general corporate purposes” by selling up to 34.5 million shares of common stock to investors in a public offering. The company said underwriters will offer shares from time to time in negotiated transactions or prevailing market prices at the time of sale.
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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.
Inman
SEPTEMBER 24, 2024
CrossCountry Mortgage joins Rocket, Pennymac, UWM and Rate in raising conforming loan limit above current $766,550 cap for Fannie Mae and Freddie Mac ahead of an official announcement.
Housing Wire
SEPTEMBER 24, 2024
The U.S. Department of Justice (DOJ) announced this week that it has secured a $2.4 million settlement from James B. Nutter & Co. , aka Nutter Home Loans , to resolve allegations that the lender had underwritten ineligible reverse mortgages to be insured by the Federal Housing Administration (FHA). The lender “has agreed to pay $2.4 million to resolve allegations that it violated the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 by knowingly und
Inman
SEPTEMBER 24, 2024
With buyer-broker agreements now standard operating procedure, team leader Carl Medford writes, a mandatory buyer consultation should be standard practice for any buyer’s agent.
RIS Media
SEPTEMBER 24, 2024
Every transaction is different now. Depending on where you practice, you might have already been signing buyer agreements with every client. You might even work in a region where compensation can still be offered on the MLS. But as the changes prescribed by the National Association of REALTORS® (NAR) settlement agreement take hold, and the… The post RISMedia Launches Contract & Commission Study, Post-Settlement Compensation Analysis appeared first on RISMedia.
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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.
Inman
SEPTEMBER 24, 2024
Home prices continued to break records in July, according to reports released by S&P Dow Jones and FHFA on Tuesday. Some economists said lower rates may fuel demand, pushing prices even higher.
Coldwell Banker
SEPTEMBER 24, 2024
Whether the snow is piling up or you’re enjoying a much milder season, winter maintenance is a must-do no matter where you live. We’ve rounded up some tips on how to keep your home in peak condition and prevent costly problems down the road. Test Smoke and Carbon Monoxide Detectors Safety first! With wintery winds […] The post ‘Tis the Season for Winter Home Maintenance appeared first on Coldwell Banker Blue Matter.
Inman
SEPTEMBER 24, 2024
The FTC alleges the company advertised monthly rental rates that did not include mandatory "hidden" fees that could add up to more than $1,700 per year.
RIS Media
SEPTEMBER 24, 2024
In July, home prices rose but moderated the rate of their growth, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The annual gain in home prices was 5% in July—in June, the annual increase was 5.5%. Month-over-month, home prices saw a meager (seasonally adjusted) gain of 0.2%. While prices are… The post Case-Shiller Home Price Index Sees 14th Consecutive Record High in July appeared first on RISMedia.
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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.
Inman
SEPTEMBER 24, 2024
Real estate professionals who embrace mindfulness now, Aaron Hendon writes, can gain an edge over their competition by staying calm under pressure, making better decisions and connecting more deeply with clients.
HomeLight
SEPTEMBER 24, 2024
Owning a home comes with more than just the joy of having a place to call your own — it can also provide some valuable tax breaks. In this guide, we’ll break down the key tax deductions for homeowners, the questions you should ask to decide if itemizing is right for you, and other savings opportunities you shouldn’t miss. How Much Is Your Home Worth Now?
Inman
SEPTEMBER 24, 2024
Better communication and better expectation-setting: that's what a well-developed buyer presentation can create for you and your clients, broker Joseph Santini writes.
HomeLight
SEPTEMBER 24, 2024
Buying your first home is a huge milestone, but coming up with a down payment can feel like a major hurdle. Many first-time buyers use gift funds for a down payment, especially younger home shoppers. Before you accept a generous contribution from family or friends, there are some rules to follow — depending on your loan type. Understanding these rules upfront will help you avoid roadblocks and keep your home sale on the up and up.
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.
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