Housing Wire

SEPTEMBER 6, 2024

In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This means that the Fed will need to create such a slowdown in the labor market that nobody will question their action when they pivot. This is what I call the “cover cuts” policy. After today’s jobs report and the negative revision to this report and the previous ones, it is safe to say nobody outside of crazy people who want to see America go into a recession will question the Fed rate cut that will happen th

Marketing 514

Marketing Construction Residential Mortgages 514

Keeping Current Matters

SEPTEMBER 6, 2024

Thinking about making a move in 2025 and wondering what you can expect? Here’s what expert forecasts say lies ahead.

Marketing 323

Marketing 323

Housing Wire

SEPTEMBER 6, 2024

Mortgage rates remained flat following a jobs report on Friday that continued to show a cooling labor market. Mortgage rate pricing for homebuyers hasn’t changed significantly as lenders have already priced in a Federal Reserve rate cut of 25 basis points (bps) that is expected later this month, loan originators told HousingWire. Kevin Leibowitz, president of Grayton Mortgage , said he was quoting 6.125% for a 30-year conventional mortgage of $400,000 on Friday with no discount points.

Mortgages 476

Mortgages VA loan FHA loan Fixed-rate mortgage 476

Real Estate News

SEPTEMBER 6, 2024

A mixed August jobs report has economists speculating about how deep of an interest rate cut the Federal Reserve might make on Sept. 18.

237

237

Advertisement

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.

Development

Housing Wire

SEPTEMBER 6, 2024

The reverse mortgage industry is pressing ahead with a chance at lower interest rates later this month. While there were signs of weakness in performance metrics in August, there are also commensurate signs of encouragement, according to industry experts. Home Equity Conversion Mortgage (HECM) endorsements fell by 3.3% from July to August, with the total of 2,200 falling reasonably in line with Federal Housing Administration (FHA) HECM case numbers that posted their own gains in July.

Mortgages 475

Mortgages Industrial Loans Finance 475

Real Estate News

SEPTEMBER 6, 2024

Watch the conversation with eXp CEO Leo Pareja as he discusses the company’s decision to do away with cooperative compensation and lead the way on forms.

213

213

Real Estate News

SEPTEMBER 6, 2024

Zillow upgrades AI search; Revive's valuation tool now free; Long & Foster enhances chatbot; LeadingRE adds Move Concierge; Calque expands financing products.

Finance 213

Finance 213

Housing Wire

SEPTEMBER 6, 2024

In an industry where managing a web of technology vendors to support LO’s sales and marketing needs has become overwhelmingly complex, inefficient and creates unnecessary security and compliance risks, CANDID is quickly becoming a leader in transforming how mortgage lenders operate. With its new partnership with Atlantic Bay Mortgage Group, CANDID is set to make an even greater impact.

Mortgages 459

Mortgages Technology Staging Industrial 459

Real Estate News

SEPTEMBER 6, 2024

Agent-client collaborative platform Rayse engages industry veterans as it works to empower real estate professionals; Fannie Mae chief economist stepping down.

Industrial 207

Industrial Agents 207

Housing Wire

SEPTEMBER 6, 2024

Aging in place continues to be the preference for the vast majority of older Americans. But the financial and emotional ramifications of staying in one’s current home, rather than moving to a nursing home or assisted-living facility, can be a heavy burden. The Wall Street Journal highlighted aging-in-place issues this week by interviewing several families across the country about their “crushing“ struggles to care for aging relatives.

Equity 459

Equity Finance Development Banks 459

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

Inman

SEPTEMBER 6, 2024

Jimmy Burgess and Andrew Undem share strategies for writing a compelling offer on behalf of buyers, closing more deals and building lifelong client relationships.

Closing 194

Closing Agents 194

Housing Wire

SEPTEMBER 6, 2024

For more than two years, a storm has been brewing in the title insurance industry. Last week, the first raindrops began to fall when the Office of the Attorney General for the District of Columbia (OAG) announced settlements with four title firms over alleged kickback schemes. As a result of the settlements, Allied Title & Escrow LLC , KVS Title LLC , Modern Settlements LLC and Union Settlements will collectively pay more than $3.2 million.

Title 459

Title Industrial Agents Closing costs 459

Inman

SEPTEMBER 6, 2024

Bernice Ross talks with Patrick Stone, chairman and founder of Williston Financial, about interest rates, new construction and the 2024 election.

Industrial 192

Industrial New Construction Construction MLS 192

Housing Wire

SEPTEMBER 6, 2024

Millennials and members of Generation Z now make up the majority of military veteran and active-duty homebuyers, but not all cities offer good situations for them. To that end, Veterans United Home Loans conducted a study to find which housing markets are best for current and former military members in these two generations. It concluded that the most favorable markets are on the East Coast and in the Midwest.

Marketing 459

Marketing Loans Mortgages Closing 459

Advertisement

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

SEPTEMBER 6, 2024

Tether RE is a mobile app for helping real estate agents stay safe conducting showings, open houses and other activities with strangers.

Agents 192

Agents Technology 192

Housing Wire

SEPTEMBER 6, 2024

August’s gain of just 142,000 total nonfarm payroll jobs confirms that the job market is cooling, which all in all is good news for the Federal Reserve , which meets in a little under two weeks to discuss interest rates. But is it enough to justify a half-point cut? Data from the U.S. Bureau of Labor Statistics released on Friday also showed that the June jobs report was revised downward to 118,000 jobs (from 179,000) and July down to 89,000 jobs (from 114,000).

Residential 458

Residential Construction Mortgages As-is 458

Inman

SEPTEMBER 6, 2024

Keeping clients fully informed and helping them to think ahead about the logistics and financial implications of a second-home purchase can create more positive feelings and better outcomes, Jonathan Pressman writes.

Agents 184

Agents Marketing 184

Housing Wire

SEPTEMBER 6, 2024

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey. This is the seventh edition of the private investment bank’s quarterly survey.

Agents 448

Agents Brokerage MLS Industrial 448

Advertisement

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

SEPTEMBER 6, 2024

Amid the current economic turmoil, including fears of a potential recession and recent significant stock market declines, real estate professionals must remain vigilant and adaptable, Victoria Kennedy writes.

Marketing 179

Marketing Brokerage Agents 179

Housing Wire

SEPTEMBER 6, 2024

Compass’s loss is Coldwell Banker Realty’s gain. The Boston -based Bell Petrini Group has affiliated with Coldwell Banker’s Back Bay office. The group is led by Katherine Bell and Maddy Petrini, who are bringing three team members with them. The group was previously affiliated with Compass. The Bell Petrini Group has more than 20 years of experience and has closed $47 million in volume so far this year.

Brokerage 448

Brokerage Branding Agents Development 448

Inman

SEPTEMBER 6, 2024

As new models roll off the assembly line this fall, Inman is kicking off its first-ever Power Wheels car contest to determine once and for all the best ride for real estate agents on the go.

Agents 179

Agents As-is 179

Bigger Pockets

SEPTEMBER 6, 2024

We know evictions can be costly for both landlords and tenants (both financially and sometimes emotionally). But recently, I heard two investors discussing who actually loses more during the process.

Investor 133

Investor Property Management 133

Advertisement

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

SEPTEMBER 6, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 177

Brokerage Agents 177

RIS Media

SEPTEMBER 6, 2024

Top Agent Network, Inc. vs. the National Association of REALTORS® has officially set a trial schedule and date for 2025. TAN vs. NAR is a little different from the many other antitrust cases currently circling the real estate sphere. The non-commission based case alleges that defendants NAR and San Francisco Association of REALTORS® specifically blacklisted… The post Pocket Listing Lawsuit Sets Trial Date, with Clear Cooperation in the Spotlight appeared first on RISMedia.

Agents 132

Agents Industrial 132

Inman

SEPTEMBER 6, 2024

August payroll report includes "huge downward revisions" to previous estimates of June and July job growth, renewing recession worries and prospects for aggressive Fed rate cuts.

Mortgages 176

Mortgages Marketing 176

Bigger Pockets

SEPTEMBER 6, 2024

Don’t pop the champagne just yet, but one major economist just stated that he envisions the federal funds rate dropping to 3.25% once the Federal Reserve’s rate-cutting cycle is over.

Construction 128

Construction Marketing 128

Advertisement

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

RIS Media

SEPTEMBER 6, 2024

Joe Skousen, founder and CEO of Inside Real Estate, says BoldTrail is not just born from the company’s expertise as a longstanding technology partner to many of the largest brands and fastest-growing brokerages and teams in real estate, but from the values, insights and relationships built from its very earliest days. “My first year or… The post The Bold Standard: Inside Real Estate Sets the Pace for Tech Information with Bold Trail appeared first on RISMedia.

Brokerage 126

Brokerage Branding Technology As-is 126

HomeLight

SEPTEMBER 6, 2024

Perhaps you’ve heard that there are no stupid questions, but there are still some that you probably feel you should know the answer to by now, and you might not feel that comfortable asking someone. Well, what is the internet for if not to answer exactly those questions? If you’ve been wondering what a mortgage is and you aren’t sure who you can ask, we’re going to walk you through the basics.

Finance 119

Finance Mortgages Loans Residential 119

RIS Media

SEPTEMBER 6, 2024

Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported Aug. 6. The gains were weaker than forecasted predictions of 161,000 jobs, but were better than July’s… The post August Sees 142,000 New Jobs as Labor Market Cools; Fed Surely Noticing appeared first on RISMedia.

Marketing 126

Marketing Industrial 126

1000Watt

SEPTEMBER 6, 2024

NAR’s Clear Cooperation Policy was instituted five very long years ago. It has been challenged in court, reviled, defended, and become the subject of focus by our Federal Government, which, having overseen the removal of compensation from the MLS, now seems to believe that cooperation must also go. I think they are wrong there (more on that below), but that’s not what I want to address first.

MLS 116

MLS Brokerage Closing Industrial 116

Advertisement

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