Housing Wire

APRIL 11, 2024

As the real estate industry undergoes a significant shift in its commission structure, a recent Redfin survey reveals a lack of knowledge among homebuyers regarding their agents’ compensation. According to the findings, a significant portion of recent homebuyers remain in the dark about crucial aspects of agent payments. For example, 28% of recent homebuyers were unaware of the precise amount their agent received, 17% lacked knowledge about how this amount was determined and 19% were uncertain a

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Agents MLS Industrial As-is 465

Real Estate News

APRIL 11, 2024

More than a quarter of consumers surveyed by Redfin don’t know how much their agent was paid, while nearly 20% weren’t sure who provided the compensation.

Agents 327

Agents 327

Housing Wire

APRIL 11, 2024

Many real estate executives and analysts believe that the Department of Justice , now with the green light to reopen its investigation into the National Association of Realtors , will shake up the civil commission lawsuit settlement agreement. But legal experts are not as certain. Now unshackled , the DOJ could file a statement on interest in the Sitzer/Burnett commission lawsuit and express concerns about the terms of NAR’s settlement agreement.

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MLS Industrial Banks Agents 477

Keeping Current Matters

APRIL 11, 2024

There’s no arguing it, affordability is still tight.

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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

APRIL 11, 2024

Editor in Chief Sarah Wheeler sat down with Scott Smith, interim CEO at Optimal Blue , to talk about the right tech investments to make now and how the company plans on keeping its customers for life. Sarah Wheeler: What differentiates your tech? Scott Smith: I think a differentiator is our position in the market. I think we have the most comprehensive end-to-end capital market platform.

Technology 454

Technology Investor Closing As-is 454

Real Estate News

APRIL 11, 2024

During a webinar hosted by T3 Sixty, consultants and guests discussed how tried-and-true tactics like geo-farming can help agents get more deals.

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Agents 195

Inman

APRIL 11, 2024

If you want to build the listing side of your business in the wake of the NAR settlement, Jimmy Burgess has 30 practical, actionable, doable strategies tailor-made for this moment.

Marketing 197

Marketing MLS Brokerage Agents 197

Housing Wire

APRIL 11, 2024

Foreclosures remained relatively stable in the first quarter of 2024 and homeowners continue to hold significant equity. In March, there were 32,878 U.S. properties with a foreclosure filing, down less than 1% from the previous month and down 10% from a year ago. Meanwhile, 23,312 U.S. properties started the foreclosure process in March 2024, up 3% from the previous month but down 4% from March 2023, according to a report released Thursday by real estate analytics company Attom.

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Equity Closing Marketing Mortgages 443

Real Estate News

APRIL 11, 2024

As the U.S. economy continues to show strength, mortgage rates could stay in the 7% range this homebuying season.

Finance 214

Finance Mortgages 214

Housing Wire

APRIL 11, 2024

The U.S. Department of Housing and Urban Development (HUD) announced on Wednesday that it had entered into a cooperative endeavor agreement (CEA) to take control of the Indianapolis Housing Agency (IHA) alongside the City of Indianapolis. The move, which will effectively allow local and federal authorities to share control of the organization, is designed to “restore public confidence in and accountability over” IHA, according to HUD.

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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

APRIL 11, 2024

Your team members and customers are struggling, Rachael Hite writes. Here is what wise brokers need to know about the state of happiness and how it impacts all of us.

Brokerage 185

Brokerage Agents 185

Housing Wire

APRIL 11, 2024

California-based multichannel mortgage lender CMG Financial announced on Thursday that it acquired Norcom Mortgage ’ s retail assets, expanding its operations in the Northeast with the addition of 25 branches from Maryland to Maine. The financial details of the deal were not disclosed. “Norcom Mortgage has made the strategic decision to focus on and continue to grow our wholesale platform as TPO GO,” Norcom President Phil DeFronzo said in a prepared statement.

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Loan Officer Commercial Mortgages Loans 439

Inman

APRIL 11, 2024

United States property investors are putting the pedal to the metal and feeling optimistic despite a turbulent housing market.

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Investor Sales Marketing 207

Housing Wire

APRIL 11, 2024

Navigating challenges in real estate brokerage requires a deep understanding of the industry. Recently, I had a conversation in which I put on my broker hat, discussed common hurdles faced by brokerages today, and explored potential solutions. I believe that the primary hurdle confronting brokerages today lies in their profitability. Given the current trajectory, profitability remains an increasingly difficult problem to solve.

Brokerage 444

Brokerage Industrial Agents As-is 444

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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

APRIL 11, 2024

Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week.

Brokerage 192

Brokerage MLS Agents Marketing 192

Housing Wire

APRIL 11, 2024

Property preservation company MCS announced last month that it had entered the reverse mortgage business after acquiring Five Brothers Asset Management Solutions. In part one of RMD’s interview with MCS CEO Craig Torrance, he explained his company’s interest in the reverse space. In the second part of the interview, Torrance goes deeper into the value proposition of engaging in the reverse mortgage business; the ways companies like his might be able to simplify certain necessary property obligat

Mortgages 425

Mortgages Commercial Technology Industrial 425

Inman

APRIL 11, 2024

Truong My Lan was at the center of the sprawling fraud case and was accused of embezzling as much as $12.5 billion. A court sentenced her to death on Thursday during an anti-corruption crackdown in Vietnam.

Agents 178

Agents 178

Housing Wire

APRIL 11, 2024

According to the most recent United States Census , Maricopa County of Phoenix, AZ is currently the largest-gaining county in the U.S. Why? Certainly there are various factors at play, but I’d venture to guess that one of the most significant is weather, but not exactly for the reasons you may think. Outside of the occasional rainstorm, Arizona weather is quite consistent.

Agents 380

Agents As-is Marketing Industrial 380

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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

APRIL 11, 2024

Agents willing to collaborate with reputable wholesalers will tap into new market segments, industry expert Andrew Helling writes, while elevating their own service offerings for clients and capturing once-elusive listings from motivated sellers.

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Industrial Agents Marketing 176

Housing Wire

APRIL 11, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , announced on Thursday that it will begin making its Digital Asset Registration Technologies (DART) platform — which it describes as “a combined lien and eNote registry service” — available to private and wholesale lending partners. It will initially be made available for its home equity line of credit (HELOC) product first before being rolled out to other lending products.

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Lending Technology Equity Loans 374

Inman

APRIL 11, 2024

When you think long and hard about who you’re speaking to and what they want to hear, The Agency's Rainy Hake Austin writes, you’ll see your efforts rewarded with a full pipeline, satisfied customers and great ROI.

Marketing 174

Marketing Brokerage Agents 174

Brownstoner

APRIL 11, 2024

Taller residences, less parking, and more infill buildings will be allowed in New York City if the mayor’s City of Yes for Housing Opportunity zoning changes go ahead as planned. The draft text for the proposal was released today by the NYC Department of City Planning, the final installment in… Read More > The post City Releases Detailed Plan for Controversial Housing Zoning Changes appeared first on Brownstoner.

Development 136

Development 136

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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

APRIL 11, 2024

JoyAi, a large language model, automates everything from real-time scheduling and technician-matching to 24/7 resident communications and more, according to an announcement Tuesday.

Property Management 172

Property Management Technology 172

Eye on Housing

APRIL 11, 2024

Inputs to residential construction, goods less food and energy, increased for the fifth straight month, according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy, represents building materials used in residential construction.

Construction 134

Construction Residential 134

Inman

APRIL 11, 2024

Find out how this former banker put his financial acumen to work for buyers and sellers throughout Reno's neighborhoods.

Brokerage 187

Brokerage 187

RIS Media

APRIL 11, 2024

When buying your first home, there are many things to know and learn. A few of them include keeping your house secure and selecting the right insurance for your property. Making the right decisions can be complicated when you’ve never done these things. I will aim to educate you on some of the essential considerations.… The post How to Safeguard a New Home: Security and Insurance Tips for First-Time Buyers appeared first on RISMedia.

Industrial 124

Industrial 124

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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

APRIL 11, 2024

Tavares closed $90 million in sales volume in 2023 and co-listed that same year 12 Indian Creek, which was purchased by Jeff Bezos for $79 million.

Agents 162

Agents Closing Sales Brokerage 162

RIS Media

APRIL 11, 2024

The proposed settlement by the National Association of REALTORS® (NAR) regarding real estate commission structures and buyer-agent agreements has sparked heated discussions from all angles. Still, there’s one thing that agents can agree on: it’s all a matter of perception. RISMedia connected with three real estate practitioners who shared their experience with the topic thus… The post The Buyer Agent Playbook: The Only Thing That Will Change in Commission Discourse Is Perception appeared f

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Agents Development MLS Industrial 119

Inman

APRIL 11, 2024

Learn how these award-winning team members got their start in real estate and what they're predicting for the year ahead.

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RIS Media

APRIL 11, 2024

What are today’s consumers looking for in a potential home? Increasingly, the answer may be energy efficiency. With energy prices up over 14% nationally from 2021 to 2023, according to data from the U.S. Bureau of Labor Statistics, a home’s ability to keep energy costs down is a welcome assist to tightening budgets. Real estate… The post Going Green With Property Data appeared first on RISMedia.

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Development MLS Industrial 122

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