Housing Wire
OCTOBER 30, 2024
Lower mortgage rates in September had a measurable impact on home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% compared to August and 2.6% year over year. NAR’s index reading of 75.8 is the highest number since March. An index reading of 100 equates to sales activity in 2001.
Keeping Current Matters
OCTOBER 30, 2024
No one likes making mistakes, especially when they happen in what’s likely the biggest transaction of your life – buying a home.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
OCTOBER 30, 2024
A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. According to a filing from the California Department of Financial Protection and Innovation dated Oct. 18, LoanSnap had its license revoked after it failed to renew its surety bond. That policy, which is designed to protect consumers from lender fraud and financial risk, expired in early August.
Real Estate News
OCTOBER 30, 2024
With less than a month until the deals are finalized, objectors are making claims of insufficient damages, harm to minorities, lack of accountability and more.
Advertisement
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.
Housing Wire
OCTOBER 30, 2024
A 60 basis point increase in mortgage rates in October has strangled mortgage demand, particularly for refinancings , according to the latest survey data from the Mortgage Bankers Association. Mortgage applications overall decreased 0.1% from one week earlier, per the MBA ‘s weekly applications survey for the week ending Oct. 25. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.1% on a seasonally adjusted basis from one week earlier, but fell 1% on an
Real Estate News
OCTOBER 30, 2024
A federal judge granted CoStar’s request to dismiss two claims from the Realtor.com trade secrets case, but Move plans to proceed with an amended complaint.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
OCTOBER 30, 2024
The goal of The Helm, founded and advised by notable real estate leaders, is to help more women become coaches without sacrificing business success.
Housing Wire
OCTOBER 30, 2024
CoStar has notched yet another procedural win in its legal battle with Move , the parent company of Realtor.com. In a ruling issued Tuesday, Judge George H. Wu of U.S. District Court in Los Angeles granted CoStar’s motion to dismiss two of Move’s claims in its first amended complaint. The claims alleged violations of the Computer Fraud and Abuse Act, as well as the Comprehensive Computer Data Access and Fraud Act, which were the plaintiffs’ two statutory federal and state trade secret claims.
Real Estate News
OCTOBER 30, 2024
Revenue was also up, and CEO Robert Reffkin said top agents have been able to increase commissions “since they are now able to negotiate for themselves again.
Housing Wire
OCTOBER 30, 2024
When asked whether loan buybacks were a more significant issue last year than now, Freddie Mac executive Sonu Mittal says emphatically, “It depends on who you ask.” Freddie Mac has seen a nearly 55% reduction in repurchase requests from its peak in the first quarter of 2023. But public filings analyzed by Inside Mortgage Finance revealed that seller repurchases rose to $430 million in the second quarter of 2024 — a 29% increase from the previous quarter.
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.
Inman
OCTOBER 30, 2024
Tanya Monestier says the settlement "reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it" as attorneys walk away with $333 million in cash.
Housing Wire
OCTOBER 30, 2024
The nation’s two largest MLSs are teaming up yet again. On Wednesday, the California Regional MLS (CRMLS) and Mid-Atlantic-based Bright MLS announced that they will be offering subscribers reciprocal data access, or “guest access,” to reach other’s listings. CRMLS currently has more than 127,000 active listings and Bright MLS hosts more than 115,000 active listings.
Inman
OCTOBER 30, 2024
Rory Golod, Compass' president of growth and communications, spoke to Inman about Clear Cooperation, commission settlements, franchising and much more.
Housing Wire
OCTOBER 30, 2024
AgentCoach.AI , an AI-powered real estate coaching company, is launching a new training platform for real estate agents. The Austin-based tech company will use advanced training bots on the platform, according to a recent announcement. The new platform will leverage specialized training bots to help agents prepare for business. Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation.
Advertisement
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.
Inman
OCTOBER 30, 2024
The Orlando Regional Realtor Association alleges the lockbox company used its confidential member list to entice members to join rival trade groups, but the company denies the allegations.
Housing Wire
OCTOBER 30, 2024
New York-based asset manager Rithm Capital , the owner of multichannel lender Newrez , reported a 58% increase in refinances to $3 billion in the third quarter of 2024 after mortgage rates dropped due to the Federal Reserve ’s 50 basis-point rate cut. But executives expect things to calm down moving forward. “I think we’re going to get ourselves more to what I’ll say is the market on a normalized basis,” Newrez President Baron Silverstein told analysts in an earnings call on Tuesday
Inman
OCTOBER 30, 2024
Former Compass Regional President Danielle Wilkie and long-time coach Heather Frick have launched The Helm coaching platform to elevate women in real estate.
Housing Wire
OCTOBER 30, 2024
Compass ’s plan for future success? Become a hub for real estate listings. Brokerage founder and CEO Robert Reffkin laid his firm’s plans for the future bare during its third-quarter 2024 earnings call with investors and analysts on Wednesday. “Listing inventory remains the lifeblood of the residential real estate marketplace,” Reffkin said. “At Compass, we already have a depth of inventory in many of our local markets that is unmatched.
Advertisement
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.
Inman
OCTOBER 30, 2024
Trainer Bernice Ross looks at temporary touring agreements, such as Zillow's, and how they can undermine the interests of clients, agents and brokerages.
Bigger Pockets
OCTOBER 30, 2024
Recently, we shared “8 Reasons Why REITs Are More Rewarding Than Rentals.” In short, studies show that REITs earn 2% to 4% higher annual returns than private real estate.
Inman
OCTOBER 30, 2024
Relief would be good news for would-be homebuyers, although purchase loan applications are still up 10 percent from a year ago as mortgage rates hit highest levels since July.
Bigger Pockets
OCTOBER 30, 2024
The possibility of a recession has been mulled over ad nauseam by seemingly every economist and finance expert over the past couple of years.
Advertisement
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.
Inman
OCTOBER 30, 2024
Better Homes and Gardens Real Estate has unveiled a new tagline, "Nobody Knows Homes Better," in its latest consumer-facing ad campaign.
Brownstoner
OCTOBER 30, 2024
The controversial proposal to rezone the Arrow Linen site in Park Slope to make way for two at least 13-story apartment towers has gained the support of Brooklyn Borough President Antonio Reynoso, but Reynoso is calling on developers to deepen the project’s affordability as a condition of his support. Following… Read More > The post BP Backs Controversial Arrow Linen Project, But With More Affordable Units appeared first on Brownstoner.
Inman
OCTOBER 30, 2024
A California judge on Monday dismissed a pair of Move's computer fraud claims against CoStar Group and a former Realtor.com editor accused of stealing trade secrets.
RIS Media
OCTOBER 30, 2024
Pending home sales have grown for the second consecutive month—leaping 7.4% and reaching the highest level seen since March—due to lower mortgage rates and rising inventory. The rise, however, may be short lived, according to some economists. NAR’s September Pending Home Sales Index jumped to 75.8, following August’s minor rise of 0.6% and nearing March’s… The post Pending Home Sales Jump in September, but Near Future Unsure appeared first on RISMedia.
Advertisement
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.
Inman
OCTOBER 30, 2024
Country's largest family-owned brokerage adds new partnerships in Dayton, Ohio, and Hilton Head, South Carolina.
Estate Agent Today
OCTOBER 30, 2024
An increase in Stamp Duty for additional property purchases was the biggest shock for the property market in yesterday’s Budget.
Inman
OCTOBER 30, 2024
Starting Nov. 1, eXp agents will have access to new revenue streams, especially those who reach the virtual brokerage's ICON status, eXp World Holdings CEO Glenn Sanford said at eXpcon Miami.
Bigger Pockets
OCTOBER 30, 2024
Want to know how to flip a house in 2024?
Advertisement
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.
Expert insights. Personalized for you.
476 
Let's personalize your content