Fri.Jul 26, 2024

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HousingWire Pulse: Respondents show cautious optimism about the Q3 housing market

Housing Wire

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. The survey reveals a generally cautious optimism among these sectors, despite varied expectations regarding market trends over the next three months. Real estate agents have mixed outlook Agents exhibit a mixed but hopeful outlook, with nearly 29% anticipating a rise in home sales and 18% expecting a decline, l

Marketing 482
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Unlocking the Benefits of Your Home's Equity

Keeping Current Matters

Equity is the difference between what your house is worth and what you still owe on your mortgage.

Equity 314
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Buyer agent representation: Why it matters and how you can help

Housing Wire

Unless you’ve sworn off all forms of media, news, and the internet (in which case, how are you reading this?), you know the real estate industry has had quite a roller coaster ride in 2024. Buyer representation has become one of the hottest and most debated topics of the year. Amid the lawsuits and non-stop news coverage, one major question has emerged: What is buyer representation and why does it matter?

Agents 482
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Tech Bytes: Compliance drives VestaPlus, ListAssist deals

Real Estate News

San Diego MLS adds Checkmate from VestaPlus, which is also teaming up with ListAssist to expand reach; CoreLogic launches new OneHomeowner portal.

MLS 196
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The 2025 Real Estate Roadmap to Success

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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US Senate committee approves full funding for Ginnie Mae

Housing Wire

The U.S. Senate appropriations committee this week approved full funding for the fiscal year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act (T-HUD), which provides $98.737 billion in total discretionary funding for agencies including Ginnie Mae. The committee voted 28-1 to approve the bill in its current form, which calls for $67 million for salaries and expenses related to the operations of the government-owned company.

VA loan 476
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11 things great buyer’s agents know before they show a home

Inman

Working with buyers is changing. Are you ready? Jimmy Burgess offers the insight you need so you can prove your value as you serve buyer clients.

Agents 188

More Trending

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3 challenges agents face when working with downsizing seniors

Inman

Trainer and new Inman contributor Nikki Buckelew writes that working with downsizing seniors requires a blend of empathy, patience and practical support.

Agents 187
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Compass welcomes top-producing Dallas team leader

Housing Wire

Compass ’ presence in the Dallas-Fort Worth metro area just got stronger. On Thursday, the Robert Reffkin -helmed firm announced that Bridgette Harrington was departing Rogers Healy & Associates for Compass. At Rogers Healy, Harrington led the Bridgette Harrington Group , a real estate team she will be restarting at Compass, according to the announcement.

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Move and CoStar exchange barbs in trade secrets case

Real Estate News

The former Realtor.com employee at the heart of the case responded to the accusations, while lawyers for both companies complained of leaks and delays.

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Payload launches payment and billing tool for buyer agents

Housing Wire

Secure payment provider Payload is launching a new payment and billing tool specifically geared to buyer agents , according to an announcement on Thursday. In a release, Payload said it created the solution in response to the terms of the National Association of Realtors’ nationwide commission lawsu it settlement agreement , and the potential changes to buyer agent compensation.

Agents 459
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Will the Olympics ‘showcase effect’ draw American buyers to Paris?

Inman

The Games have not drawn as much international traffic as Paris anticipated, but the city's visibility may draw luxury clients hopping on the 'quiet luxury' trend that's swept real estate.

Agents 183
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Selling your home to a family member in 5 easy steps

Housing Wire

If handled correctly, selling your home to a family member can be a good way to help a loved one save money on a home and build wealth. However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless process. Why is selling to a family member different?

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Citron founder Andrew Left charged with stock manipulation

Inman

A longtime thorn in Zillow's side, Left and his firm Citron Capital LLC face charges from the DOJ and SEC that they profited by taking positions in companies that were the opposite of what they told investors to do.

Investor 180
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Baron Silverstein on Newrez’s AI journey and the call center question

Housing Wire

Like most of its peers, top-five mortgage lender Newrez is prioritizing the use of artificial intelligence (AI) to provide call center representatives with real-time information on its policies, procedures, and guidelines to improve customers’ experience, according to its president, Baron Silverstein. “From a prioritization perspective, we’re right now, with my management team, focused on customer and user experience.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Big brand marketing platform SOCi is the latest to join MoxiCloud

Inman

Real estate software company MoxiWorks has been building its 150-plus member MoxiCloud network for years to help users solve challenges its products may not address. The latest to be selected is SOCi, a powerful online marketing solution.

Branding 180
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FOA reverse stock split goes into effect, appears to have intended impact

Housing Wire

Coinciding with the effective date for a previously announced reverse stock split, the price for shares of leading reverse mortgage lender Finance of America (FOA) stood well above the minimum threshold the New York Stock Exchange (NYSE) requires to maintain trading activity. As of the close of trading on Friday — the day the reverse stock split went into effect — FOA’s share price jumped from $0.73 at the end of trading on Thursday to $7.19 per share the following morning, roughly corresponding

Principal 446
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Caveats, time-wasters, warnings: Inman’s Top 5 stories of the week

Inman

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
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My Tenant Was Airbnbing Their Apartment Without Me Knowing. It Happens More Than You Think.

Bigger Pockets

Renting has its horror stories, and sometimes it gets out of control. Jeff gives us an inside look at what happened when one of his tenants rented out his property without him knowing, plus stories from other landlords.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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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EXp Realty taps healthcare exec to lead sustainability efforts

Inman

Former USANA Health exec Donald Cherry will now lead eXp Realty's sustainability efforts. Cherry is the fifth high-level hire or promotion eXp has made this year.

Brokerage 161
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Potential Rate Cut in September Still in Play After June Inflation Report

RIS Media

The personal consumption expenditures price index (PCE) increased 0.1% in June (slightly up from May’s 0% monthly change) and was up 2.5% from a year ago, according to estimates released by the U.S. Bureau of Economic Analysis on July 26, with the annual rate showing a slight decline from the prior month. The results bode… The post Potential Rate Cut in September Still in Play After June Inflation Report appeared first on RISMedia.

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Inflation cools again in June, giving mortgage rates room to ease

Inman

As inflation gets closer to Fed's 2 percent target, economists at Fannie Mae and the Mortgage Bankers Association predict mortgage rates will continue to drop into the low sixes by the end of next year.

Mortgages 146
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Restb.ai Debuts New Special Report Series

RIS Media

Restb.ai has debuted a new “Special Report Series” to unlock unique visual insights provided from Restb.ai’s proprietary AI models. The inaugural report is the first-of-its-kind study to examine the impact of floor plans on Days on Market (or DOM). Restb.ai’s study examined 100,000 single-family properties listed between May 1, 2023, and April 30, 2024, across… The post Restb.ai Debuts New Special Report Series appeared first on RISMedia.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Black homesellers get better offers with iBuyers, but there’s a catch

Inman

A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs.

Marketing 140
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Consumer Sentiment Continues to Fall for Fifth Month Straight

RIS Media

Consumers continued to keep their economic hopes in check in July, as sentiment readings continue to slowly decrease. Consumer sentiment fell 2.6% in July, from 68.2 in June to 66.4, according to the University of Michigan’s latest report. This is the fifth straight month of decreases, with a 0.5% decrease in March, a 1.9% fall in… The post Consumer Sentiment Continues to Fall for Fifth Month Straight appeared first on RISMedia.

As-is 126
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More than 10 million homesellers targeted in class-action media blitz

Inman

JND Legal Administration, the company tapped by lawyers to oversee administrative tasks around the Gibson settlement, sent mail out to millions of potential class members earlier this year.

MLS 139
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Regional Spotlight: Maine and New Hampshire Outpace Fellow New England States

RIS Media

What region of the country is seeing the most booming real estate market? While the South seems to be the obvious answer currently—with lower taxes and booming industries a natural draw to homebuyers—data suggests 17 out of 20 Sun Belt states are actually overvalued, a tell that a market at least isn’t cold. Research by… The post Regional Spotlight: Maine and New Hampshire Outpace Fellow New England States appeared first on RISMedia.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Home Staging 101: What is Staging and Is it Necessary for Selling Your Home?

HomeLight

Home staging is much more than just a real estate industry buzzword — it’s an essential strategy that can dramatically influence a buyer’s first impression, the sale price of a home, and how quickly it sells. HomeLight’s Summer 2023 Top Agent Insights Report estimates that professional staging can add an average of $8,300 to the resale value of a home.

Staging 116
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Employee Caught in the Middle of CoStar/Realtor.com ‘Data-Theft’ Case Denies Wrongdoing

RIS Media

James Kaminsky, the former Realtor.com® and current CoStar Group employee in the middle of a data-theft lawsuit between two real estate portal giants, Realtor.com (owned by Move, Inc.) and CoStar’s Homes.com, on July 25 provided his side of the story in a court filing, writing that while he did access documents and information from Move,… The post Employee Caught in the Middle of CoStar/Realtor.com ‘Data-Theft’ Case Denies Wrongdoing appeared first on RISMedia.

MLS 124
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What Does the Title Company Have to Do with Your Home Sale?

HomeLight

A title company wears a lot of hats over the course of a home sale. Oftentimes, the title company involved must undertake extraordinary work to address title issues that can go back 50 years or more. Depending on the state, title companies also issue insurance, hold onto funds and paperwork in escrow, and serve as closing agents. Find an Agent to Help You Navigate the Paperwork Selling real estate is a complex task.

Title 116
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Personal Saving Rate Drops to Lowest Rate Since November 2022

Eye on Housing

Personal income inched up 0.2% in June, down from a 0.4% increase in the prior month, according to the most recent data release from the Bureau of Economic Analysis (BEA). Gains in personal income are largely driven by increases in wages and salaries. As spending outpaced personal income growth, the personal savings rate decreased to.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.