Housing Wire
JUNE 10, 2024
The average cost of homeownership has increased by 26% over the past four years to more than $18,000 annually, according to Bankrate ’s newly released Hidden Costs of Homeownership study. The increase reflects rising home prices, which went up 40% since the beginning of the COVID-19 pandemic , mainly due to a lack of inventory, according to the study.
Keeping Current Matters
JUNE 10, 2024
If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress.
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Housing Wire
JUNE 10, 2024
As baby boomers increasingly seek to age in place in their own homes — a scenario supported by both the preferences of older homeowners and the realities brought on by elevated mortgage rates — this is clashing with the desires of millennials who wish to enter the housing market, as the combination of limited inventory and high costs are keeping these buyers on the sidelines of the mortgage market.
Real Estate News
JUNE 10, 2024
Attorneys argue that if the federal agency wants to make policy changes, it should do so through the legislature, not an antitrust settlement.
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
JUNE 10, 2024
The path forward for the settlement agreements reached by Anywhere , RE/MAX and Keller Williams with the home seller plaintiffs in the commission lawsuits has become a bit murkier. Last week, two parties filed appeals with the Eighth Circuit Court of Appeals that seek to overturn Judge Stephen R. Bough’s May 9 decision to grant final approval of the three settlement agreements.
Real Estate News
JUNE 10, 2024
At a town hall event, Keller Williams leadership addressed agents’ concerns, acknowledged that “change is not comfortable.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
JUNE 10, 2024
As compliance becomes even more top of mind for the industry, Realtracs CEO Stuart White writes, MLSs have an enhanced role as a reliable resource to support professionals in following developing processes and procedures.
Housing Wire
JUNE 10, 2024
The parent company of top 10 reverse mortgage lender Liberty Reverse Mortgage has completed its shareholder-approved rebranding initiative, transforming the former Ocwen Financial Corp. into The Onity Group. The initiative has also transitioned the company’s New York Stock Exchange (NYSE) ticker symbol to “ONIT” as of the market opening on Monday. “Today marks the start of a new era for our company and signifies our transformation, growth and expansion into a balanced and diversified business,”
Real Estate News
JUNE 10, 2024
Don’t get lost in a sea of tech products. Leveraging AI can solve multiple problems, boost efficiency and improve client experiences, experts say.
Housing Wire
JUNE 10, 2024
Coldwell Banker Realty is adding another top-producing agent to its roster. The firm announced Monday that it has welcomed Vicky Yu to its Redwood City-San Carlos office in Northern California. Yu was most recently affiliated with Compass , operating out of its Burlingame office. ”Vicky is a highly regarded agent in the Bay Area and we are thrilled that she has chosen to affiliate with the Redwood City-San Carlos office,” Jennifer Lind, the Western regional president of Coldwell Banker Realty, s
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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
JUNE 10, 2024
Agents who rely on NAR primarily to protect their public image are less certain the trade group — which still enjoys broad approval — is a net positive for the industry, according to Intel poll results.
Housing Wire
JUNE 10, 2024
Mortgage veteran Joe Tyrrell will succeed Scott Smith as CEO of Optimal Blue , the company announced Monday. Tyrrell has more than 25 years of experience in mortgage, finance and technology, serving as president of ICE Mortgage Technology for three years after ICE bought Ellie Mae in 2020. For the past 18 months he has served as the CEO of Medallia , a customer and employee experience company.
Inman
JUNE 10, 2024
Find out how "consummate student" and San Francisco agent Chris Jurach keeps challenging himself to "learn new things, read and listen to books, and gather fresh ideas.
Housing Wire
JUNE 10, 2024
Oren Alexander, a top real estate broker and co-founder of the Side-brokered firm Official Partners , along with his twin brother, Alon Alexander, have been accused of raping at least two women in New York. The two lawsuits were filed in March 2024 and were first reported by The Real Deal. The lawsuits filed by Rebecca Mandel and Kate Whiteman claim that the brothers assaulted, battered and raped them in separate incidents in 2010 and 2012, respectively.
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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
JUNE 10, 2024
A portion of Teton Pass connecting workers who live in Idaho with the tony tourist town of Jackson, Wyoming, collapsed over the weekend.
Housing Wire
JUNE 10, 2024
San Francisco -based Pacaso , a tech-centric real estate marketplace, released a report Monday unveiling the top U.S. metro areas that are embracing new development and “creating a more diverse and plentiful supply of homes.“ The report delves into the “Yes in My Backyard“ (YIMBY) movement , which involves numerous strategies to improve housing supply and lower the cost of living for homeowners and renters alike.
Inman
JUNE 10, 2024
Feeling uncertain about buyer agency agreements? It’s natural. Here’s what to expect when presenting one to a new client.
Housing Wire
JUNE 10, 2024
Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. The company announced Monday that it hired Tuam Pham as chief marketing officer and Steve Huff as senior vice president of asset management and servicing.
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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
JUNE 10, 2024
The luxury broker and his twin brother, Alon Alexander, have been named in two separate lawsuits filed in New York County Supreme Court. The suits are regarding acts that allegedly took place in 2010 and 2012.
Bigger Pockets
JUNE 10, 2024
A standard economics textbook depicts humans as rational beings who always employ careful analysis to make the most advantageous decisions based on the costs and benefits of the available options.
Inman
JUNE 10, 2024
Even in a down market, companies can uncover key insights to grow market share, Mike DelPrete writes, as long as they have the cash to invest.
Bigger Pockets
JUNE 10, 2024
According to the Insurance Information Institute, about one in 20 insured homes file a claim each year. And while some perils that cause the costliest damage are unavoidable, such as hurricanes, many can be mitigated through proactive measures.
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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.
Maximum Exposure Real Estate
JUNE 10, 2024
Do You Know How to Choose Your Realtor When Divorcing? No one gets married expecting a divorce – yet it happens to many people all the same. Your relationship with your spouse has ended, and you need to move on. When you own a house together, this can create some real difficulties. It would be […] The post Hire a Divorce Realtor When Divorcing appeared first on Maximum Real Estate Exposure.
HomeLight
JUNE 10, 2024
Are you looking to fund your next real estate venture in Dallas with a hard money loan? Whether you’re hoping to flip a ranch-style home in Oak Cliff or purchase a townhouse rental in Uptown, hard money lenders in Dallas can provide the flexibility and speed you need. Hard money loans are an alternative financing solution to conventional loans and can be particularly beneficial for those with short project timelines, limited initial capital, or credit issues.
RIS Media
JUNE 10, 2024
Between the critics who have promulgated accusations of real estate price-fixing and conspiracy, and the brokers who have long championed industry ethics and practices, there has been little room for agreement. But at least one thing appears to unite these two groups, according to RISMedia’s latest Broker Confidence Index (BCI). The process for agents to… The post Brokers Strongly Favor Raising Standards for Real Estate Licenses appeared first on RISMedia.
HomeLight
JUNE 10, 2024
If you’re considering selling your Delaware home without the help of a real estate agent, you might want to use a flat fee MLS listing service to reach potential buyers. A flat fee MLS company helps for-sale-by-owner (FSBO) sellers list their homes in the local multiple listing service (MLS) without the assistance of a traditional real estate agent.
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RIS Media
JUNE 10, 2024
Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In an attempt to combat this, the Consumer Financial Protection Bureau (CFPB) is taking aim at so-called mortgage “junk fees” that are often tacked onto closing costs, launching a formal inquiry into the issue, according to… The post CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders appeared first on RISMedia.
Inman
JUNE 10, 2024
San Francisco's Avenue 8, long a tech-minded independent brokerage, will stop working as a real estate company to focus on its AI brokerage productivity solution, Sidekick.
Bigger Pockets
JUNE 10, 2024
Hurricane season has started, and forecasts are not looking good. According to analytics company CoreLogic, more than 32.
HomeLight
JUNE 10, 2024
Should I buy a house with a special warranty deed? This post explains the special warranty deed, when it’s used, and the potential risks involved.
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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