Housing Wire

JUNE 24, 2024

The forms the California Association of Realtors provides its members are the subject of a formal inquiry by the Department of Justice , according to an email the trade group sent to “industry leaders” on Thursday, obtained by HousingWire. In the email sent by Melanie Barker, the president of CAR and Sara Sutachan, the senior vice president and chief strategy officer at CAR, Barker and Sutachan noted that CAR issues new and updated standard forms every June.

Industrial 418

Industrial As-is 418

Real Estate News

JUNE 24, 2024

The associations that own the 16th-largest MLS surprised its leaders with a deal that “scared the absolute hell out of us,” REcolorado’s vice chair said.

Equity 359

Equity MLS 359

Housing Wire

JUNE 24, 2024

Inventory grew by almost 14,000 homes this week. That’s a pretty solid number, but actually fewer than our model had predicted for the week. Available inventory of unsold homes continues to grow but that growth in seems a bit less intense than it could be. The sales rate — the demand side — is slower than I expected. It looks like we’re heading back to those conditions of the second half of 2022 where inventory grew rapidly, but any real downside correction was mitigated with a withdrawal of sup

Mortgages 430

Mortgages Sales Marketing As-is 430

Keeping Current Matters

JUNE 24, 2024

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.

Marketing 317

Marketing Mortgages Sales 317

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

Housing Wire

JUNE 24, 2024

Mortgage rates continue to hover around 7%, as they have since the latter half of 2023 when the Federal Reserve stopped raising benchmark rates. While the conventional wisdom is that high rates are choking the housing market, a new survey suggests it’s not as all-encompassing as one might think. Bright MLS — one of the nation’s largest multiple listing services that covers six Mid-Atlantic states and the District of Columbia — recently polled buyer and seller agents on what their clients a

MLS 412

MLS Mortgages Equity Agents 412

Real Estate News

JUNE 24, 2024

Inside Real Estate pulls together kvCORE and other products into BoldTrail; Collabra joins CoreLogic Real Estate Alliance Network; and more tech news.

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Real Estate News

JUNE 24, 2024

The plaintiffs argue that the proceedings should move forward, but the DOJ wants to delay approval of the deal until after NAR’s Nov. 26 settlement hearing.

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MLS 222

Housing Wire

JUNE 24, 2024

In an era where businesses are increasingly expected to contribute to the well-being of their communities, finding the sweet spot between local engagement and national growth can feel like an impossible challenge. However, tailoring your business model to resonate with the communities you serve builds trust and unlocks benefits such as heightened brand visibility and sustained growth.

Branding 389

Branding Mortgages Industrial As-is 389

Inman

JUNE 24, 2024

Fannie Mae on Friday slashed its 2024 forecast as a result of weak spring home sales, but listings are returning to the market and mortgage rates look poised to drop, according to new projections.

Sales 194

Sales Mortgages Marketing Agents 194

Housing Wire

JUNE 24, 2024

United Wholesale Mortgage (UWM) is fighting back against a group of borrowers who filed a class-action lawsuit in April that accuses the lender of structuring a “corrupt” scheme with brokers to steer loans. On Friday, the top U.S. mortgage lender filed a motion to dismiss the case with prejudice in a district court in Michigan, stating that the suit “reflects an unprecedented and coordinated effort to smear” the defendants and “benefit market speculators.

Marketing 387

Marketing Loans Mortgages Closing 387

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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.

Brokerage

Inman

JUNE 24, 2024

Every productive real estate professional follows a unique path to success. For some, it’s in the company of like-minded go-getters who share the same passion for achieving goals. That’s where real estate teams come into play.

Agents 188

Agents 188

Housing Wire

JUNE 24, 2024

An executive refinance banker formerly employed by Rocket Mortgage is suing the company for treating her unfairly in the workplace. She alleges that the company refused a transfer request, cut her salary and demoted her when similarly situated white male employees were not given similar treatment, according to court documents reviewed by HousingWire.

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Title Equity Mortgages As-is 382

Inman

JUNE 24, 2024

The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis.

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MLS 189

Housing Wire

JUNE 24, 2024

It appears the commission lawsuits are not the only legal action in the real estate industry that’s currently of interest to the Department of Justice. On Thursday, the DOJ filed an amicus curiae brief with the Ninth Circuit Court of Appeals, which is overseeing REX Real Estate’s appeal of its antitrust suit against the National Association of Realtors and Zillow.

MLS 382

MLS Brokerage As-is Design 382

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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.

Agents

Inman

JUNE 24, 2024

Recent legal changes have shaken up consumers’ perception of the crucial role buyers agency plays. Without a buyer's agent, consumers, especially those in underrepresented groups are at a very real risk of not achieving their homebuying goals.

Agents 174

Agents 174

Housing Wire

JUNE 24, 2024

Nominations for the 2024 HousingWire Insiders award are open throughout the month of June. This prestigious award recognizes the operational leaders who are driving the growth and success of their organizations behind the scenes. Over the years, Insiders have shared how this recognition has positively impacted their careers and professional growth. Here’s what some of the previous honorees had to say about the recognition: “ Receiving the HousingWire Insiders award has profoundly impacted

Industrial 367

Industrial Technology Mortgages Development 367

Inman

JUNE 24, 2024

Keller Williams team leader and LGBTQ+ Real Estate Alliance founding member Tom Wheeler hosted Canyon County, Idaho's first-ever Pride event on June 9. Here's the story of how the 4,000-person event came to life.

Agents 167

Agents Marketing 167

Housing Wire

JUNE 24, 2024

The Seattle area is a hot housing market. According to Zillow , the average home price in the Emerald City is currently $884,828 , up 4.3% year over year. As home values have risen sharply, this has made the conundrum facing the area’s seniors more difficult to navigate: If they need to downsize, they may not be able to move into a home in their price range, much less be able to obtain a mortgage at a rate that can be easily absorbed on a fixed income.

Renovation 365

Renovation Construction As-is Mortgages 365

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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

JUNE 24, 2024

Want some fast, simple ideas for powering your marketing through a summer slowdown and pumping up the volume on your pipeline? Agent Johnathon Pressman has you covered.

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Agents Marketing 165

Housing Wire

JUNE 24, 2024

Hilton Head, South Carolina-based “borderless” MLS REsides is joining firms like MLS Property Information Network and Northwest MLS by not opting into the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement. The non-Realtor-owned MLS announced its decision to opt out on Monday. MLSs had until June 18 to opt in to the settlement through a pathway negotiated by NAR as part of its agreement.

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MLS Industrial Agents Design 358

Real Estate News

JUNE 24, 2024

The global brokerage reached an agreement with home sellers last week, according to a court filing.

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Brokerage 175

Housing Wire

JUNE 24, 2024

The Independent Community Bankers of America (ICBA) issued a statement on Monday that opposes the conditional approval of Freddie Mac ’s plan to buy closed-end second mortgages. The plan was approved on Friday by Freddie Mac’s regulator, the Federal Housing Finance Agency (FHFA), which said that it reached the decision to begin the pilot program following a public comment period and “thoughtful engagement from public stakeholders.“ “The limited pilot will allow FHFA to explore whether this close

Mortgages 354

Mortgages Equity Banks Loans 354

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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

JUNE 24, 2024

Agents are seeking new strategies to grow their businesses and provide enhanced value to their clients. One such approach is exploring different business models, including the co-ownership of vacation homes. Marnie Blanco, Pacaso, and Josh Dotoli, Compass, sit down to share insights on how agents can effectively expand their reach in this week's new Inman Access class.

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Marketing Agents 145

Housing Wire

JUNE 24, 2024

Top 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths. In addition to offering a proprietary reverse mortgage product option and transitioning last year from a broker to a direct lender , the company is focusing on its core business while staying engaged with the broader industry dynamics. South River president Tyler Plack recently discussed the elements of business in the current market environment with HousingWire ’s Reverse Mortgage Daily (RMD).

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Mortgages Equity Lending Industrial 328

Inman

JUNE 24, 2024

Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop "a key element of the antitrust conspiracy" and might take years to go into effect.

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MLS 147

RIS Media

JUNE 24, 2024

Pricing a condo correctly is essential for a successful sale. I will guide you through detailed, actionable steps to ensure your condo is priced right. You will learn the following information which will help you price your condominium appropriately based on the current real estate market: How to conduct a comprehensive market analysis. The importance… The post How to Price a Condo Correctly appeared first on RISMedia.

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Sales Marketing Industrial 139

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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.

Brokerage

Inman

JUNE 24, 2024

"The judge's decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional," the DOJ's filing states. The brief may give REX a new leg up in its case.

MLS 139

MLS Brokerage 139

Seattle Times Real Estate

JUNE 24, 2024

As he completes his nature-centric compound in Kamakura, Japan, Brian Heywood is spearheading a fight to roll back climate change laws in his home state of Washington.

As-is 106

As-is 106

Inman

JUNE 24, 2024

It's tough to recruit from franchises, but that's where opportunity may lie, according to an analysis of Intel responses from 610 agents. Intel helps craft the right pitch to draw agents mulling a pivot.

Agents 138

Agents Brokerage 138

Marco Santarelli

JUNE 24, 2024

Buying a beach house is a fantasy for many, conjuring images of sandy toes and crashing waves. But some take that dream a step further, envisioning a steady stream of rental income rolling in to offset the costs of ownership, or even turn a profit. Renting out a beach house on platforms like Airbnb and VRBO can be a lucrative strategy, but not all beach towns are created equal.

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Investor Property Management Inspection Banks 111

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.

Agents