Tue.Dec 03, 2024

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Rental portal Zumper launches ’Zoe’ AI assistant

Housing Wire

With technology rapidly advancing, Zumper is the latest company in the real estate industry to dive into artificial intelligence (AI) assistants. The rental portal this week launched an AI assistant named Zoe, which according to the company can answer “virtually any renter question about a property or its neighborhood.” Zoe can also help manage the process of renting an apartment by requesting tours and submitting leads.

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Housing Market Decoded: Can 2024 sales top 2023? Clock's ticking

Real Estate News

So far, the pace of home sales has been slower this year, but the fall bump in pending sales could translate to a December rally — if mortgage rates drop.

Sales 173
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Opposition to the NAR settlement agreement continues to roll in

Housing Wire

One week after it was granted final approval , the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is facing more challenges. On Monday, settlement objector and University of Buffalo law professor Tanya Monestier filed a motion to intervene in the Sitzer/Burnett suit. And Monty March, the lead plaintiff in a now-dismissed copycat suit in New York, filed an appeal of Judge Stephen R.

MLS 370
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NAR settlement appeals add up as law professor signals new objection

Inman

University at Buffalo contracts law professor Tanya Monestier on Monday informed Judge Stephen Bough she would follow in the footsteps of fellow objectors who have appealed the Nov. 26 ruling.

MLS 158
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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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AARP highlights needs for aging in place, walkable communities

Housing Wire

Influential advocacy group AARP has highlighted several of its current lobbying priorities, which include a focus on making it easier for retirees to age in place in their current homes across various states. In Indiana , for instance, aging in place is a central pillar of a recently published advocacy update. The post said that “improving access to home- and community-based services, such as transportation and adult day services” ranks highly on the organization’s advocacy priorities in the Hoo

Design 364
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Inman’s reader survey: Your chance to help shape real estate’s future

Inman

As a thank-you, you'll be entered into a raffle for a chance to win one of five in-person tickets to Inman Connect New York or Inman Connect San Diego in 2025.

Brokerage 156

More Trending

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Sell Your House During the Winter Sweet Spot

Keeping Current Matters

A lot of people assume spring is the ideal time to sell a house.

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FHA extends cybersecurity reporting requirement timeline from 12 to 36 hours

Housing Wire

The Federal Housing Administration (FHA) this week published a final Mortgagee Letter (ML), 2024-23, that requires lenders to report a cybersecurity breach within 36 hours of being detected. While the FHA posted a draft version of the ML online in September to seek feedback, the agency stated that the draft is being issued as final without any changes.

Mortgages 347
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Land id rolls out Land id Pro with real estate professionals in mind

Inman

The company is reshuffling its product line in a bid to distinguish between tools that can assist with research on listings and larger-scale efforts that depend on Land id's mapping technology.

Land 128
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Investment giant Pretium Partners hires Sid Visentini to lead optimization efforts

Housing Wire

Pretium Partners , a New York City-headquartered investment firm, announced Tuesday that its adding a new senior managing director to lead its business optimization efforts. Sebastiano “Sid” Visentini will join Pretium following a 16-year career at New York City-based Morgan Stanley. Visentini recently served as the investment bank’s head of firm strategy for execution and innovation.

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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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Opendoor campaign challenges winter homeselling myth

Inman

For years, homeowners have hesitated to list their homes at the end of the year, believing that it's an inconvenient time. "Confessions" aims to reassure sellers that Opendoor's platform provides a reliable solution year-round, ensuring that sellers can operate on the timeline that works best for them.

Brokerage 122
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Cardinal Financial issues first mortgage-backed security using FICO 10 T

Housing Wire

Global analytics software leader FICO on Tuesday announced the launch of the first-ever government-issued mortgage-backed security (MBS) with loans originated using FICO Score 10 T. The MBS pool was issued by Cardinal Financial and included loans from the U.S. Department of Veterans Affairs (VA). FICO Score 10 T utilizes trended data for lender use in understanding credit behavior over time, which enables more accurate risk assessments.

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Lessen is more: Company announces Digital FM+ release

Inman

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025.

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Revolutionized financing: How Zillow empowers home shoppers with innovative tools

Housing Wire

Prospective homeowners enter the housing market with two questions: Where do I begin? How much home can I afford? Once the process starts, nearly half of home buyers report shedding tears at some point. Potential homeowners should be able to handle this confusion in a world where technology and digital tools rule customer service. Fortunately, home buying doesn’t have to remain confusing for new buyers.

Finance 222
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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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Judge lays out reasoning for NAR settlement approval

Inman

Judge Stephen R. Bough overruled all objections to the National Association of Realtors and HomeServices deals and awarded attorneys one-third of the settlement amounts as requested.

MLS 109
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The risks of 1099 contractors in property management

Housing Wire

Multifamily property managers and owner managers face countless challenges and complexities day in and out. From resident relations and legal compliance to property takeover, both established and new property management company executives can quickly become overwhelmed handling all the moving parts required to run the company. One of the most common challenges, particularly when taking over a property, is hiring and retaining full-time staff.

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New appeal takes on settlement approvals of Compass, others

Inman

James Mullis has appealed the final approval of settlements totaling $110 million — a move that suggests the battle over how agents practice and get paid is far from over.

Agents 99
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Driving Innovation: How Tech100 honoree CLARIFIRE is shaping the future of mortgage tech

Housing Wire

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2025 Tech100 Award are open now through December 16, 2024. Click here to nominate a tech organization. As the mortgage world continues to see rapid tech advancements, staying ahead of the curve requires more than just keeping up — it demands leading the way.

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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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Top-Producing Real Estate Team Moves to RE/MAX, Opens New RE/MAX Horizon Office

RIS Media

Above, from left, Melody Contreras and Becky Dwaileebe RE/MAX LLC has announced that new franchisee RE/MAX Horizon has launched operations in Tucson, Arizona. This office is a new venture by Becky Dwaileebe and Melody Contreras, team leaders of Eclipse Real Estate Group at Realty Executives. According to the firm, they have consistently ranked in the… The post Top-Producing Real Estate Team Moves to RE/MAX, Opens New RE/MAX Horizon Office appeared first on RISMedia.

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3 housing market myths that persist post-election

Inman

Worried about the election's impact on interest rates and the housing market? Don't be. According to Lindsey Harn, the same fundamentals that drive the market at other times are in operation during election years.

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Propertymark backs rating scheme for age-friendliness of homes

Estate Agent Today

Propertymark has initiated conversations with academics over the feasibility of a rating scheme for homes and communities, the trade body has revealed.

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Can you hear me now? 5 strategies for nailing listening appointments

Inman

The National Association of Realtors' commission settlement has been finalized, Carl Medford writes, so it's more important than ever to listen carefully to homesellers' concerns and questions.

MLS 88
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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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FHFA Announces Baseline Conforming Loan Limit Will Increase to $806,500

Calculated Risk Real Estate

After the release of the FHFA house price index for September last week, the FHFA released the conforming loan limits for 2025. From the FHFA: FHFA Announces Conforming Loan Limit Values for 2025 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2025.

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Lundy rolls out AI-driven Navigator tool to 57,000 First MLS members

Inman

First Multiple Listing Service, Georgia's largest MLS, has partnered with the maker of a voice-enabled home search platform to offer rapid, accurate assistance for everyday business tasks.

MLS 88
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Buffini & Company’s New CFSP Designation Attracts Over 6,500 Real Estate Professionals

RIS Media

Buffini & Company announced it has seen explosive growth in demand for its new Certified Full-Service Professional (CFSP) designation, with more than 6,500 participants signed up to gain certification since its August launch. Buffini stated that the CFSP designation has raised the bar in real estate professionalism and excellence. The program equips real estate professionals… The post Buffini & Company’s New CFSP Designation Attracts Over 6,500 Real Estate Professionals appeared f

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Fortify your digital fortress with solid password management

Inman

Robust password management practices, such as using unique, complex passwords, enabling multi-factor authentication, and utilizing password managers, can protect sensitive client information and safeguard online businesses, cybersecurity expert Robert Siciliano writes.

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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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Zillow Forecasts a Buyer Shift From Southeast to Southwest

RIS Media

Zillow is predicting an increase in home-buying activity in the Southwest spreading from the Southeast in its latest forecast for the 2025 real estate market. According to Zillow’s market heat index, the markets where buyers have the most leverage are in the Southeast. Zillow predicts that these buyer markets will spread westward to the Southwest,… The post Zillow Forecasts a Buyer Shift From Southeast to Southwest appeared first on RISMedia.

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SERHANT. Technologies Lands $45M to Scale S.MPLE

BAM Media

Be part of real estate’s most anticipated event of the year — the BAMMYs ! Cast your votes live on December 11 to crown the most unforgettable real estate content of 2024, and don’t miss Neel Dhingra’s keynote, Content to Clients: The New 2025 Playbook for Social. Register NOW to level up your social for the year ahead! Ryan Serhant , the real estate mogul and star of Owning Manhattan , has secured $45 million in funding for SERHANT.

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Construction Labor Market Continues to Ease

Eye on Housing

After a period of slowing associated with declines for some elements of the residential construction industry, the count of open construction sector jobs trended lower in the October data, per the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). The data indicates the demand for construction labor market remains weaker than a year.

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In Stunner, Compass Acquiring @properties Christie’s International Real Estate

RIS Media

In an unexpected residential real estate company consolidation announced December 2, Compass Inc., the leading brokerage by sales volume, according to RISMedia’s 2024 Power Broker Report, will be acquiring @properties Christie’s International Real Estate for $444 million in a move that Compass says will accelerate domestic and international growth opportunities.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.