Housing Wire

AUGUST 27, 2024

Fintech Calque rolled out an affordable version of its Buy Before You Sell program that enables homeowners to remove home sale contingencies and debt-to-income (DTI) constraints. Dubbed the “Contingency Buster,” the product uses its Purchase Price Guarantee (PPG), a binding backup contract that if a homebuyer’s current home does not sell within 150 days, the fintech will purchase it at an agreed-upon price, the company said in a release Tuesday.

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Home sale contingency Equity Mortgages Sales 467

Keeping Current Matters

AUGUST 27, 2024

It’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead.

Marketing 319

Marketing Mortgages 319

Housing Wire

AUGUST 27, 2024

Even as the real estate and mortgage markets are seeing light at the end of the tunnel following two difficult years of conditions, mortgage rates have yet to ease enough to create a surge of demand for purchase loans and refinances. At HousingWire ‘s Mortgage Rates Center on Tuesday, the rate for 30-year conventional loans stood at 6.64%, down 5 basis points (bps) from a week ago.

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Mortgages Loans Finance Brokerage 459

Real Estate News

AUGUST 27, 2024

The housing market has seen its share of highs and lows in recent years, but appreciation has only moved in one direction: up. Could that be changing?

Marketing 258

Marketing 258

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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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Housing Wire

AUGUST 27, 2024

Despite the overwhelming desire among the baby boomer generation for aging in place in their current homes, practical challenges like living costs and elevated home prices appear to be leading more older people to cohabitation with roommates, or “ boommates.” This is according to a column published this week by NextAvenue. “As home prices rise and property taxes and insurance bills soar, it’s become ever more difficult to age in place,” the article stated.

Equity 459

Equity As-is Marketing Finance 459

Real Estate News

AUGUST 27, 2024

Watch the conversation with an agent who ditched cooperative compensation last year — and is getting deals done. See how he talks to sellers (and buyer agents).

Agents 251

Agents 251

Real Estate News

AUGUST 27, 2024

A new report calls out numerous state associations for buyer agreements that could hurt consumers or break the new rules.

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Housing Wire

AUGUST 27, 2024

The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into updates for the FHA Connection (FHAC) portal. This system provides FHA-approved lenders and business partners with secure online access to computer systems at the U.S.

Loans 448

Loans Renovation Principal Finance 448

Inman

AUGUST 27, 2024

In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer.

Agents 193

Agents Brokerage 193

Housing Wire

AUGUST 27, 2024

In my last article, I touched on three of the challenges we had to overcome to achieve our growth goals. Now, let’s dive in and examine some of the things my amazing team at Coldwell Banker Premier was able to accomplish to help us along our path. None of this happened overnight, so don’t beat yourself up and think that this is an impossible feat. Infrastructure The initial goal I was given was to essentially double the size of our company.

Agents 446

Agents Technology As-is Industrial 446

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

AUGUST 27, 2024

With confusion around the new commission rules, compliance expert Summer Goralik unpacks whether listing agents should verify signed buyer-broker agreements before showing a property.

Agents 186

Agents Brokerage Marketing 186

Housing Wire

AUGUST 27, 2024

Although cooperative compensation or commission information is no longer available on many MLSs after the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement went into effect Aug. 17 , some MLSs have allowed agents to continue indicating whether their seller is willing to consider concessions. The Bay East Association of Realtors , located in the San Francisco Bay Area, is taking things a step further by removing its “Concessions Considered: Ye

MLS 434

MLS Seller concession Agents Industrial 434

Inman

AUGUST 27, 2024

As real estate's new reality takes shape, buyer agents are exploring new ways to streamline processes and communicate effectively with clients, The Medford Team CEO Carl Medford writes.

Agents 185

Agents 185

Housing Wire

AUGUST 27, 2024

Chris Bruser, a reverse mortgage professional in Florida , agreed with an assertion that most people do not dream of entering the reverse mortgage business when they’re kids. But success can have a major impact on young people when they’re exposed to what it can look like, and this much was true for Bruser as a teenager when he worked at a country club as a golf caddy.

Mortgages 433

Mortgages Finance Industrial As-is 433

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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.

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Inman

AUGUST 27, 2024

Find out what Miami Beach luxury agent Anna Sherrill has learned as she's grown and what she'd tell a new agent just starting out in the business.

Agents 173

Agents Development 173

Housing Wire

AUGUST 27, 2024

Mortgage market conditions presented over the past two years have muted the effectiveness of the monetary policy tightening by saving $600 billion for homeowners, accounting for about 2% of personal consumption spending since 2022, according to a report by two Swiss Re Institute senior economists. “A dollar not spent on mortgage payments is a dollar free to spend elsewhere.

Fixed-rate mortgage 353

Fixed-rate mortgage Mortgages Loans As-is 353

Inman

AUGUST 27, 2024

Touted as faster and more affordable, Calque's new "Contingency Buster" product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say.

Equity 171

Equity As-is Mortgages 171

Brownstoner

AUGUST 27, 2024

As the controversial rezoning proposal for Arrow Linen’s site in Park Slope moves through the city process, advocates for a shorter, more affordable housing development say they have found a developer willing to build one. Their vision, they say, could yield more apartments than what is currently planned by Arrow Linen… Read More > The post Locals Call on Pol to Reduce Arrow Linen Rezoning, Back Fully Affordable Build appeared first on Brownstoner.

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Development As-is 134

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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.

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Inman

AUGUST 27, 2024

The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI's headquarters.

Technology 168

Technology Brokerage Agents Marketing 168

Bigger Pockets

AUGUST 27, 2024

College football is back, so we found the 10 best markets to invest in for short-term rentals out of 100+ college towns.

Marketing 130

Marketing 130

Inman

AUGUST 27, 2024

The supermodel and her husband are the proud new owners of the iconic $29.5 million Malibu, California, "Wave House," sold for the first time in 36 years.

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167

RIS Media

AUGUST 27, 2024

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. The most effective way to implement social media to grow your business is to branch out into ads across your platforms. The perfect social media strategy not only… The post Social Skills: The Basics of Boosting Your Posts appeared first on RISMedia.

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Agents Marketing Development Industrial 124

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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.

Agents

Inman

AUGUST 27, 2024

Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires.

Mortgages 162

Mortgages 162

RIS Media

AUGUST 27, 2024

The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1.

Marketing 124

Marketing Industrial Agents 124

Inman

AUGUST 27, 2024

How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped.

Marketing 161

Marketing Mortgages 161

RIS Media

AUGUST 27, 2024

Home prices again appreciated year-over-year, although the rate continues to slow monthly, pointing again toward a normalization of the market through the coming months and in 2025. The S&P CoreLogic Case-Shiller Home Price Index for June 2024 saw a 5.4% annual gain in home prices, down from the 5.9% annual gain last month. The 10-City… The post Home Price Growth Continues to Slow, but Experts Are Hopeful appeared first on RISMedia.

Marketing 119

Marketing MLS Industrial 119

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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.

Sales

Inman

AUGUST 27, 2024

Portals remain some of the most profitable businesses in real estate, while brokerage company profitability is more business model-dependent.

Brokerage 157

Brokerage 157

RIS Media

AUGUST 27, 2024

While the pace of home-price growth has slowed, homeowners with a mortgage saw their tappable equity soar to an all-new record high through the second quarter of 2024, according to the August 2024 ICE Mortgage Monitor Report. Tappable equity, the amount homeowners can access while keeping a 20% equity cushion, reached a new peak of… The post Homeowners’ Tappable Equity Reaches Jaw-Dropping High of $17.6T in Q2 2024 appeared first on RISMedia.

Equity 119

Equity Mortgages Loans Industrial 119

Inman

AUGUST 27, 2024

Real estate’s ultimate Texas gathering, Inman Connect Austin, touches down in the Lone Star state in October with a packed roster of industry heavyweights. Here's a preview of the guest list.

Industrial 155

Industrial 155

RIS Media

AUGUST 27, 2024

RISMedia recently announced the Top 25 regional Rookie of the Year finalists for 2024. The third annual Rookie of the Year program, sponsored by Colibri Real Estate, is designed to honor real estate agents who are new to the business, yet already achieving extraordinary results. Here, we spotlight the five regional finalists from the Southeast.… The post Meet the Southeast Region Real Estate 2024 Rookie of the Year Finalists appeared first on RISMedia.

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Design Agents Industrial 118

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