Housing Wire

MARCH 18, 2024

Nevada-headquartered wholesale lender Nations Direct Mortgage revealed that an unauthorized third party obtained access to the data of more than 83,000 customers on or about Dec. 30, 2023, the lender disclosed on March 14 in a notice shared with the Office of the Maine Attorney General. An investigation showed that names, addresses, Social Security numbers and loan numbers may have been obtained by the unauthorized third party bad actor, Nations Direct said on its website.

Mortgages 458

Mortgages Technology Loans Industrial 458

Real Estate News

MARCH 18, 2024

The last defendant in the Sitzer/Burnett commissions case said it anticipated the motion and will respond with its own court filings in April.

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Housing Wire

MARCH 18, 2024

As we started 2024, the signals in the U.S. real estate market were for inventory growth, sales growth and home-price growth across the U.S. At the time, I observed that even if mortgage rates stayed flat, the momentum seemed to be in the cards for broad, slow growth in the market. However, mortgage rates didn’t stay flat. They climbed starting Jan. 1 and as of today, March 18, mortgage rates are 30-40 basis points higher than Jan. 1.

Mortgages 464

Mortgages Sales As-is Marketing 464

Real Estate News

MARCH 18, 2024

During a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.

Agents 300

Agents 300

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

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I don’t think they really understand what is going on and what is going to be required of them,” Danzey said.

Industrial 447

Industrial Brokerage MLS Agents 447

Real Estate News

MARCH 18, 2024

From buyer agreements to non-MLS places where cooperative compensation can appear, here’s what Keller Williams is telling leaders and agents about the deal.

MLS 280

MLS Agents 280

Keeping Current Matters

MARCH 18, 2024

Are you thinking about buying a home soon?

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Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. The newly released tools are designed to complement other ICE tools, including automated valuation models (AVMs); data collection tools that follow government-sponsored enterprise (GSE) valuation requirements; and a risk profiler that combines analytics, local market data, neighborhood demographic

Technology 434

Technology Inspection Investor Mortgages 434

Real Estate News

MARCH 18, 2024

Low existing home inventory and the expectation of falling interest rates continue to drive builder optimism.

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Housing Wire

MARCH 18, 2024

PennyMac Financial Services has paid $158.4 million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. An arbitrator issued the final award on Jan. 12, reducing Black Knight’s monetary damages from $155.2 million plus interest, granted as an interim award in November 2023, to $150.2 million plus interest, per filings with the Securities and Exchange Commission (SEC).

Technology 425

Technology Commercial Development Loans 425

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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

MARCH 18, 2024

If homebuyers are no longer willing to pay full commissions, what happens to lender programs that incentivize consumers to work with partner real estate agents?

Agents 197

Agents Mortgages Closing costs Closing 197

Housing Wire

MARCH 18, 2024

For agents navigating and servicing the American housing market , acknowledging its profound evolution over recent decades is crucial. Today’s landscape is quite different from that of 50 or even just 10 years ago. One of the most notable shifts is the surge in home prices, reaching unprecedented and often out-of-reach levels. Looking back to the 2005 and 2006 real estate peak, lofty home prices reached a then staggering-sounding high of $230,200 in July 2006.

Agents 427

Agents Marketing As-is 427

Inman

MARCH 18, 2024

Settlement represents "nothing short of a sea change" as the National Association of Realtors agrees to pay $418 million and make sweeping changes.

Industrial 195

Industrial MLS Brokerage Agents 195

Housing Wire

MARCH 18, 2024

Digital lender Better.com launched its One Day Home Equity Line of Credit (HELOC) product that will provide approval decisions to consumers within 24 hours of locking their interest rate. Better launched its first HELOC product about a year ago. The One Day HELOC product is the latest upgraded version as the New York-headquartered lender looks to ramp up speed for customers seeking to access home equity funds.

Equity 423

Equity Finance Banks Loans 423

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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

MARCH 18, 2024

Bi-coastal broker Cara Ameer outlines the problems, concerns and frustrations inherent in the terms of NAR's commission lawsuit settlement as agents learn to navigate a new reality.

Agents 174

Agents MLS Brokerage 174

Housing Wire

MARCH 18, 2024

A national syndicated columnist has taken a closer look at the reverse mortgage product category after reviewing data from the Consumer Financial Protection Bureau (CFPB) about the industry’s advertising practices , and she says that the product can have utility for older Americans as long as a prospective borrower properly understands it. Julie Jason, an investment adviser and author, highlighted a CFPB report released in August 2023 that took a closer look at reverse mortgage advertising, both

Mortgages 411

Mortgages Equity Branding Industrial 411

Inman

MARCH 18, 2024

Jon Gray described the current market as a "bottoming period" that should inspire investors to get moving on new purchases and said investors who move fast stand to be rewarded once prices recover.

Investor 180

Investor Marketing 180

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. This could represent a stabilization in the agent pool which is an additional helpful trend.

Brokerage 407

Brokerage Agents MLS Closing 407

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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

MARCH 18, 2024

Are you building someone else's dreams or crafting your own legacy in real estate? If you don't do it, the industry craziness will. Take charge at Inman Connect Las Vegas this summer.

Industrial 171

Industrial Brokerage Agents 171

Housing Wire

MARCH 18, 2024

Generally, people respect entrepreneurs. The show “Shark Tank” takes this notion to a new level as the entire program — successful season after season — glorifies entrepreneurialism and equates it with “The American Dream.” The secular success of Silicon Valley and the enshrinement of venture capital in the edifice of America (and now the world) further burnishes entrepreneurship.

Agents 337

Agents As-is Development 337

Inman

MARCH 18, 2024

Most agents say they've heard from competitor brokerages in recent weeks. Intel explores what's on their mind as they decide whether to stay — or bolt.

Agents 176

Agents Brokerage Marketing 176

RIS Media

MARCH 18, 2024

Selling a home is a significant decision involving many considerations. Among these, deciding whether to make improvements before listing the property is paramount. This decision can dramatically influence not only the sale price but also the speed and smoothness of the transaction. Understanding the pros and cons of home improvements before sale is essential for… The post Pros and Cons of Making Home Improvements Before Selling a House appeared first on RISMedia.

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Sales Renovation Industrial Agents 132

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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

MARCH 18, 2024

Fractional real estate investing allows investors to pool resources with others and gain access to many investment properties.

Investor 188

Investor 188

Seattle Times Real Estate

MARCH 18, 2024

A new listing in Seattle’s frenzied real estate market covers almost an entire city block and has opportunities for revenue growth. of a very specific kind.

Marketing 127

Marketing 127

Inman

MARCH 18, 2024

The high-ranking team returns to Corcoran after a recent one-year stint at Douglas Elliman. Hottinger said Corcoran is "home" to the team.

Development 170

Development Brokerage Agents Marketing 170

NAR: Economic Outlook

MARCH 18, 2024

Successes and Challenges for Women in Homeownership We're seeing more and more women becoming homeowners, with single women making a notable impact in the housing market.

Marketing 121

Marketing 121

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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

MARCH 18, 2024

Marketing software company Roomvu has landed a pair of enterprise brokerage relationships that stand to push it into the everyday marketing arsenal of thousands of agents.

Land 161

Land Brokerage Agents Marketing 161

Bigger Pockets

MARCH 18, 2024

Existing home sales have been steadily declining, reaching the lowest levels in 30 years in 2023, according to the National Association of Realtors (NAR).

Sales 127

Sales Marketing 127

Inman

MARCH 18, 2024

Douglas Elliman unveiled its annual Ellie Awards this week, singling out brokers who performed well despite challenging economic conditions.

Brokerage 170

Brokerage Agents Marketing 170

Calculated Risk Real Estate

MARCH 18, 2024

Last week I wrote about some homeowners “locked in with golden handcuffs”: There are always people that need to sell due to the so-called 3 D’s: Death, Divorce, and Disease. Also, in certain times, some homeowners will need to sell due to unemployment or excessive debt (neither is much of an issue right now). And there are homeowners who want to sell for a number of reasons: upsizing (more babies), downsizing, moving for a new job, or moving to a nicer home or location (move-up

Fixed-rate mortgage 116

Fixed-rate mortgage Mortgages Equity Title 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