Housing Wire

SEPTEMBER 18, 2024

The Federal Reserve lowered its benchmark interest rate on Wednesday by 50 basis points (bps) to a range of 4.75% to 5%, turning an important corner in the central bank’s fight against inflation. The cut is the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. With both inflation and the labor market cooling, economists and housing professionals alike had expected the Fed to cut borrowing costs in September, with the

Banks 501

Banks Mortgages Finance Sales 501

Real Estate News

SEPTEMBER 18, 2024

The board took an aggressive approach with its 50-basis point cut, and signaled that two more cuts are coming this year.

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Housing Wire

SEPTEMBER 18, 2024

Dawn Pfaff is a free-market evangelist, and that informs how she runs MyState MLS. The privately owned multiple listing service has taken a laissez faire approach since its launch in 2009, as it promises no fees and fewer rules than MLSs owned by Realtor associations. This manifesto has helped MyState develop a national footprint with listings for all types of properties, including single-family homes, manufactured homes, newly built homes, foreclosures and even land.

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MLS Brokerage Seller concession Agents 480

Real Estate News

SEPTEMBER 18, 2024

A recent survey from Century 21 found that buyers rank community higher than the home itself, and they rely on their agents to provide local insights.

Agents 287

Agents 287

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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

Housing Wire

SEPTEMBER 18, 2024

After falling in July, housing starts were back up again in August, according to data released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). In August, housing starts rose to a seasonally adjusted annual rate of 1.356 million, up 2.9% month over month and up 3.9% compared to a year ago. The single-family sector was the sole source of thus increase, as multifamily starts were down 6.7% monthly and 6.2% annually to a rate of 333,000 start

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Marketing Construction New Construction MLS 469

Real Estate News

SEPTEMBER 18, 2024

Housing starts and completions rose year-over-year, and builders expressed more confidence this month — but a significant housing shortfall remains.

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Construction 243

Keeping Current Matters

SEPTEMBER 18, 2024

Even though affordability is improving, buying a home can still feel tough right now.

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New Construction Construction 293

Housing Wire

SEPTEMBER 18, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Here’s our complete guide to sending and receiving real estate referrals and earning more money this year. We’ll break down everything you need to know about real estate referral fees, including how they work, typical referral fee rates, how to draft and manage referral agreements, and how to develop a successful referral network.

Brokerage 455

Brokerage Agents Closing As-is 455

Inman

SEPTEMBER 18, 2024

Clelia Warburg Peters, Era Ventures' founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation.

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Staging 195

Housing Wire

SEPTEMBER 18, 2024

Elder financial exploitation (EFE) is a common form of elder abuse that impacts as much as 10% of older Americans each year. But to better combat its growing commonality, more information is needed — particularly for vulnerable communities — according to senior advocacy organization AARP. “While financial exploitation can occur in any community, gaps in data exist in understanding the impact on older adults within certain communities that historically have been discriminated against,” the organi

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As-is Finance 434

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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

SEPTEMBER 18, 2024

There are now more than two dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits.

Brokerage 180

Brokerage 180

Housing Wire

SEPTEMBER 18, 2024

Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. In a document filed with the Securities and Exchange Commission on Monday, Fathom notified shareholders of its decision to settle the antitrust claims related to the Siter/Burnett suit. The agreement settles all related claims nationwide and Fathom noted that the settlement is not an admission of liability or an acknowledgment of the validity of any of the suit’s

Brokerage 408

Brokerage Agents As-is Finance 408

Inman

SEPTEMBER 18, 2024

With prices rising, it's becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA's official announcement.

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Loans Mortgages 171

Housing Wire

SEPTEMBER 18, 2024

CMG Home Loans , the retail lending division of CMG Financial , has its eyes on growing its dedicated reverse mortgage segment. In addition to recently making a key operations hire in an effort to expand its capacity to originate and fund loans, market conditions — including an expanding Home Equity Conversion Mortgage (HECM) for Purchase market — present a unique opportunity for the company.

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Loans New Construction Mortgages Lending 385

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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

SEPTEMBER 18, 2024

A month into the NAR settlement era, the Inman Intel Index is tracking the impact on buyers, sellers, agents and brokerages. Add your voice to real estate's most ambitious monthly survey today.

Brokerage 162

Brokerage Agents MLS Technology 162

Housing Wire

SEPTEMBER 18, 2024

After Hanna Holdings , the parent company of Howard Hanna Real Estate Services, filed a motion to dismiss , the Davis commission lawsuit plaintiff could have either filed a reply brief or an amended complaint. On Monday, the court got its answer, with the plaintiff’s counsel filing its first amended complaint. The suit still takes aim at the National Association of Realtors’ Participation Rule, which required listing brokers to make a blanket offer of compensation to buyer brokers in order to li

MLS 361

MLS Residential Agents As-is 361

Inman

SEPTEMBER 18, 2024

Even before the commission crunch, real estate agents have struggled to make ends meet. Through brokerage partnerships, Upfront aims to ease access to credit for working agents.

Land 173

Land Agents Brokerage Equity 173

Housing Wire

SEPTEMBER 18, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Virtual open houses are a unique way to help you stand out from other agents as a tech-savvy marketer and can help get your listings in front of hundreds (possibly thousands) of potential buyers online. They’re also much less intrusive for homeowners — perfect for sellers who don’t want tons of people walking through their homes on a Sunday afternoon.

Agents 317

Agents Branding As-is Renovation 317

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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

SEPTEMBER 18, 2024

Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may already be priced in to mortgage rates.

Banks 191

Banks Mortgages Marketing 191

RIS Media

SEPTEMBER 18, 2024

The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of the pandemic. Against the backdrop of a cooling job market and cooling inflation, all Fed officials opted to lower the federal funds rates by half a percentage point—50 basis points—to 4.75% to 5%, making a… The post Fed Makes Aggressive Interest Rate Cut appeared first on RISMedia.

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Marketing Industrial 135

Inman

SEPTEMBER 18, 2024

If you want to be a better negotiator, pace yourself, come prepared with examples in hand, and collaborate to arrive at the best possible decision for your clients, trainer Bernice Ross writes.

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Closing Agents 150

RIS Media

SEPTEMBER 18, 2024

Ahead of today’s highly anticipated rate cut by the Federal Reserve, applications for home purchases saw a significant increase last week, their fourth straight week of increases. The Mortgage Bankers Association’s (MBA) reported that home purchase applications increased 14.2% from the previous week’s 1.4% increase, according to its latest Weekly Applications Survey for the week… The post Mortgage Applications Surge This Week appeared first on RISMedia.

Mortgages 119

Mortgages Industrial Marketing 119

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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

SEPTEMBER 18, 2024

Former Keller Williams agents had filed suit in recent months over the company's now-abandoned plans to slash profit sharing for agents who jumped ship for rival brokerages before April 2020.

Brokerage 176

Brokerage Agents 176

Eye on Housing

SEPTEMBER 18, 2024

After its first post-COVID rate hike enacted more than two years ago, the Fed’s Federal Open Market Committee (FOMC) announced at the conclusion of its September meeting a significant reduction for the short-term federal funds rate. Tight monetary policy was undertaken to fight the worst bout of inflation in four decades. Today’s policy action marks.

Marketing 118

Marketing 118

Inman

SEPTEMBER 18, 2024

Are your clients considering a Veterans Affairs home loan? Let Clever Real Estate’s Luke Babich walk you through the most common pain points to help ease the process for your buyers.

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VA loan Loans Agents Mortgages 166

RIS Media

SEPTEMBER 18, 2024

In real estate, branding is important. Name recognition, being “top of mind” and expanding your sphere are almost synonymous with success in the real estate business. At the same time, some agents take a “more is better” approach and seek to scrawl their logo, name, catchphrase or company on every billboard or knickknack they can… The post Name of the Game: 4 Things You Should Put Your Brand On, and 2 Things You Shouldn’t appeared first on RISMedia.

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Branding Agents Development Industrial 116

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

Inman

SEPTEMBER 18, 2024

Since launching an initiative to combat redlining in 2021, federal prosecutors have reached settlements with 13 mortgage lenders totaling more than $137 million.

Banks 158

Banks Mortgages Lending 158

RIS Media

SEPTEMBER 18, 2024

Housing starts experienced an eye-catching increase in August, per the latest findings from the U.S. Census Bureau, 9.6% higher overall compared to last month, with single-family constructions up a sharp 15.8%. Privately-owned housing starts were at an annualized rate of 1.36 million during the month, while units authorized by building permits were at 1.48 million. … The post Housing Starts Jump, Single-Family Construction Surges in the Northeast appeared first on RISMedia.

Construction 115

Construction Industrial 115

Inman

SEPTEMBER 18, 2024

LA's top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping their sometimes temperamental celebrity clients happy.

Agents 162

Agents Marketing 162

RIS Media

SEPTEMBER 18, 2024

Stellar MLS has partnered with leading global real estate technology supplier Immobel to offer MLS Match—a direct referral network/marketplace to Stellar MLS customers. MLS Match is a specialized, private referral network and platform designed to connect real estate agents and offices across different market areas to exchange leads and referrals, Stellar MLS stated.

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MLS Technology Design Agents 114

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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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