Housing Wire
JULY 18, 2024
After slamming the California Association of Realtors (CAR) for a draft of its buyer representation agreement, the Consumer Federation of America (CFA) on Tuesday released its proposed criteria for evaluating buyer representation agreements. The CFA said the proposed criteria was created after the group received requests from several unnamed real estate companies.
Real Estate News
JULY 18, 2024
Despite falling rates, homebuyer demand remains weak. Now could be a chance to make offers before inventory tightens and prices rise further, one expert says.
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Housing Wire
JULY 18, 2024
Millennials are once again the largest group of homebuyers in the country. In some metro areas, they are buying homes at rates up to 13 times higher than other areas. A report released this week by personal finance website SmartAsset analyzed data from the U.S. Census Bureau and the Home Mortgage Disclosure Act (HMDA) across the 40 largest U.S. metro areas to determine the top markets for millennial homebuyers.
Real Estate News
JULY 18, 2024
A new report shows major drops in international purchases of U.S. real estate, at a time when legal efforts to restrict buyers from certain countries ramped up.
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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
JULY 18, 2024
What happens when you combine a decentralized application (dApp) tokenization platform with a decentralized finance (DeFi) protocol built on real-time data? Other than an intriguing word salad, two real estate proptech startups believe it means very good things for property owners using nonfungible tokens (NFTs). Propy and Parcl announced a strategic partnership on Thursday in which they hope Parcl’s data integrations will improve the analytics for assessing real estate minted on the dApp PropyK
Real Estate News
JULY 18, 2024
Watch the conversation as Lane Hornung of zavvie and 8z explains what agents need to know about “power buying” and innovations in financing to show real value.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
JULY 18, 2024
There’s no arguing this past year has been difficult for homebuyers.
Housing Wire
JULY 18, 2024
Fintech Sagent hired Jaime Gow, a former executive at Mr. Cooper and First Horizon Bank , as its new chief financial officer. The hiring coincided with the departure of the company’s chief technology officer, Uday Devalla. Warburg Pincus -backed Sagent highlighted Gow’s background in servicing as a reason for hiring him. That’s the exact space in the mortgage industry that the company wants to target with its software platform, Dara , which was launched in February.
Inman
JULY 18, 2024
Despite 11 months of declines, Realtor.com said the typical renter is paying $305 more monthly for an apartment compared to 2019. The greatest rent increases are in Florida and the Midwest.
Housing Wire
JULY 18, 2024
A coalition of eight trade groups — including the Housing Policy Council (HPC), the Mortgage Bankers Association (MBA) and the Community Home Lenders of America (CHLA) — have requested additional time from the Consumer Financial Protection Bureau (CFPB) to comment on proposed changes to Regulation X , which implements the Real Estate Settlement and Procedures Act (RESPA).
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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
JULY 18, 2024
Is it still impolite to talk about politics? Maybe not, and social media expert Jessi Healey says talking about it might gain you more followers than you think.
Housing Wire
JULY 18, 2024
We all know that sellers hear what they want to hear and believe what they want to believe when it comes to how market conditions will impact the sale of their home. They believe their home is special and people will be knocking on the door with full price offers within days of hitting the market. When that doesn’t happen, who do they blame? The agent , of course!
Inman
JULY 18, 2024
The attorney and broker dives into the nuances of seller concessions, steering, buyer agents' jobs, and avoiding future antitrust trouble ahead of his appearances at Inman Connect Las Vegas.
Housing Wire
JULY 18, 2024
Leading Real Estate Companies of the World is joining the wave of firms strengthening its leadership team. On Wednesday, the Chicago-based firm announced that it is welcoming Tripti Kasal to it leadership team. Kasal will serve in a newly created role as LeadingRE’s senior vice president of member engagement. In this role Kasal will lead LeadingRE’s U.S. membership services team, with a focus on increasing member engagement and matching members with resources from LeadingRE’s Solutions Group.
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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
JULY 18, 2024
Are you spending time on things that simply don't matter to your professional growth or the growth of your business? Jimmy Burgess offers a list of things you may be doing that are counter-productive.
Housing Wire
JULY 18, 2024
In part 2 of a wide-ranging interview with Editor in Chief Sarah Wheeler, Brooke Anderson-Tompkins talks about the right time to start implementing AI and why she’s an AI optimist. Anderson-Tompkins was president of 1st Priority Mortgage for 15 years and is a former chair of the Community Mortgage Lenders of America (now Community Home Lenders of America).
Inman
JULY 18, 2024
With its new capabilities, the platform will allow agents and concierge coordinators to automate the generation of listing descriptions, image captions and property attributes "in minutes," the firm told Inman.
Housing Wire
JULY 18, 2024
Finance of America , the reverse mortgage industry’s leading lender, announced this week that its planned reverse stock split will take place as scheduled on July 25. The plan, initially announced last month , involves consolidating the available shares in the company into fewer, higher-priced shares. Faced with the prospect of being delisted from the New York Stock Exchange (NYSE) due to noncompliance with the exchange’s listing standard, the company sees this move as necessary to shore up its
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Inman
JULY 18, 2024
Houston-based Nan & Company Properties has launched an auction division, with the initial bidding centered on a Friendswood mansion, the company announced.
Housing Wire
JULY 18, 2024
Thing are heating up in Move Inc. ’s ongoing battle with CoStar Group. On Monday, Move (the parent company of Realtor.com ) filed a motion for a preliminary injunction in the suit it filed earlier this month against CoStar, the parent company of Realtor.com rival Homes.com , and James Kaminsky, a former Move employee who now works for Homes.com. In the complaint, Move alleges that Kaminsky stole trade secrets to help fuel the rapid growth of Homes.com.
Inman
JULY 18, 2024
Launched in the midst of the 2008 financial crisis to weed out bad actors, the Nationwide Multistate Licensing System & Registry (NMLS) is scheduled to be updated this weekend as part of a long-term modernization project.
RIS Media
JULY 18, 2024
Divorce is a challenging time and selling a home adds complexity. My guide offers a step-by-step approach to preparing your house for sale during a divorce, addressing legal, financial and emotional considerations. I have put considerable effort into educating you on the following topics: How to navigate the legal considerations of selling a home during… The post Preparing Your Home for Sale During a Divorce: A Step-by-Step Guide 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
JULY 18, 2024
Built in 1958, the mid-century home is a historical landmark. The estate is owned by Cecilia Joyce Johnson, the widow of late American artist Seward Johnson II, who passed away in 2020.
RIS Media
JULY 18, 2024
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, declined by 0.2% in June, following a decline of 0.4% (upwardly revised) in May. Over the first half of 2024, the LEI… The post Economic Index Fell Slightly in June; Year-Over-Year Growth More Positive appeared first on RISMedia.
Inman
JULY 18, 2024
By approaching change with a positive, growth mindset and intentionality, coaches Emily Bossert and Melanie Klein write, you'll be ready for whatever comes next in business and life.
RIS Media
JULY 18, 2024
In the latest RISMedia webinar—“Buyer Agency Essentials: Strategies for Success and Compliance in the New Normal”—John Featherston, founder and CEO of RISMedia, welcomed co-moderator Joe Rand, chief creative officer for Howard Hannd | Rand Realty, and panelists Gretchen Pearson, owner and president of Berkshire Hathaway HomeServices Drysdale Properties; Kendall Bonner, team leader of The Kendall… The post Webinar Recap: Buyer Agency Essentials—Strategies for Success and Compliance in
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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
JULY 18, 2024
Find out how this Central Florida team leader moved from a career in amusement parks to the roller coaster of real estate.
RIS Media
JULY 18, 2024
As a real estate agent, you know the potential of pre foreclosure leads, divorcees, failed listings, etc. But what if there are untapped niches with less competition and the same worthwhile returns? In a crowded market, discovering under-served niches can set you apart and help boost your odds of resonating with your prospects. Let’s explore… The post 4 Under-Served Niches That Can Make Excellent Leads appeared first on RISMedia.
Inman
JULY 18, 2024
The firm also recently brought on former Corcoran Rookie of the Year Eric Shostak, in addition to the top-earning team, Inman has learned.
RIS Media
JULY 18, 2024
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.89% to an average of 6.77% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.77% as of July 18, 2024, down from last week when… The post Mortgage Rates Continue to Fall as Other Economic Factors Cool appeared first on RISMedia.
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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.
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