Tue.Jan 21, 2025

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Bay Area brokerage buys back independence to ‘make meaning, not money’

Housing Wire

The moment felt surreal and inspiring for Chris Trapani and Ryan Iwanaga, co-founders of the Christie’s International Real Estate Sereno brokerage, as they repurchased their independence from @properties. After inking the deal, the leaders say they have one mission in mind for Sereno’s future make meaning, not money. The move came after @properties finalized a merger with Compass , which Northern California-based Sereno won’t be a part of.

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Why More People Are Buying Multi-Generational Homes Today

Keeping Current Matters

Today, 17% of homebuyers are choosing multi-generational homes — that’s when you buy a house with your parents, adult children, or even distant relatives.

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The FICS advantage: Leveraging automation for smarter mortgage servicing in 2025

Housing Wire

After years of high interest rates, and price spikes, mortgage lenders are optimistic heading into 2025. Fannie Mae predicts a 28% increase in mortgage originations to $2.1 trillion. The Mortgage Bankers Association (MBA) also predicts that total origination volume will increase by 28.5% to $2.3 trillion. Alongside that, Fitch expects mortgage servicing rights (MSR) amortization costs and write-downs to increase with higher pre-payments.

Mortgages 312
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Why one broker took on NAR: ‘They just keep overreaching’

Real Estate News

A Texas lawsuit is about more than membership rules, its about forcing NARs hand. The louder we roar, the more likely we are to actually make them change.

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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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Anywhere Real Estate’s Charlotte Simonelli on navigating 2025 with financial discipline and the help of AI

Housing Wire

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors Choice Awards. Nominations for HousingWires 2025 Finance Leaders Award are open now through January 31, 2025. Click here to nominate a Finance Leader. HousingWire recently caught up with Charlotte Simonelli, Executive Vice President and Chief Financial Officer of Anywhere Real Estate Inc. , to discuss the trends shaping the housing industry in 2025.

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Millions of young (and not-so-young) adults still live at home

Real Estate News

Facing affordability challenges, the share of 25- to 34-year-olds living with parents has risen after trending down during the pandemic.

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More Trending

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Decoded: The ‘behind-the-scenes demands’ over Clear Cooperation

Real Estate News

CRMLS CEO Art Carter explains what some brokerages are asking for and why the nations largest MLS has decided to "stand firmly" behind the divisive policy.

MLS 157
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Education and problem solving are keys to reverse for purchase business, agents say

Housing Wire

The Home Equity Conversion Mortgage ( HECM ) for Purchase (H4P) program has long been positioned by reverse mortgage professionals as a viable path for expanding the base of reverse mortgage business. It would allow older homeowners to use a reverse mortgage to purchase a new home. While the required down payment on a home purchased with H4P is much higher when compared to a traditional mortgage, it comes with more flexible repayment options, and the large down payment is typically financed with

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25 ways to thrive during real estate conference season

Inman

Let frequent conference attendee, speaker and organizer Nikki Beauchamp share key strategies that help her not just survive but thrive during this busy period.

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After sentencing of reverse mortgage scammer, Illinois activists seek home preservation program

Housing Wire

Last week, Mark Steven Diamond who was found guilty of bilking older homeowners in the Chicago area out of money through a reverse mortgage scam was sentenced in federal court to a 17-year prison term. In the fallout of the sentencing, an organization in Illinois is seeking to codify a home preservation program for seniors into state law, according to reporting by CBS News.

Mortgages 195
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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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Trending: Seeing Red (Book) and getting flashy on Bluesky

Inman

Real estate agents, stay ahead of the TikTok ban with expert advice from Jessi Healey. Explore alternatives like Xiaohongshu and Bluesky's Flashes and learn how tools like YouTube Shorts can help you adapt and grow your marketing strategy.

Agents 124
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RE/MAX hires Travis Saxton as EVP of strategy

Housing Wire

The executive changes at RE/MAX continue. On Tuesday, RE/MAX Holdings , the parent company of RE/MAX and Motto Mortgage , announced it was welcoming Travis Saxton as its new executive vice president of strategy. According to the release, Saxton will be tasked with guiding real estate strategy and technology innovation with a focus on integrating solutions to optimize operations and support affiliate growth.

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Today’s Mortgage Rates Rise Slightly: January 21, 2025 Trends

Marco Santarelli

Today's mortgage rates on January 21, 2025, have witnessed a modest increase across various loan types, providing crucial insights for potential buyers and current homeowners. Specifically, the average rates for 30-year fixed, 15-year fixed, and adjustable-rate mortgages have risen. If you are looking to enter the housing market or refinance, understanding these rate changes is vital for making informed decisions.

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Real estate negotiation: 8 effective strategies from a KW mega broker

Housing Wire

Negotiation is not just a skill its an art. In real estate, knowing the keys to a successful negotiation is essential. Skillful negotiations can not only help you build a more sustainable career they can also help you earn higher compensation, get more listings, and achieve more satisfying outcomes for your clients. After 29 years and thousands of listing presentations, I have found that sellers, more than ever, want an agent who has solid negotiation chops and who is willing to use them on th

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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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Here’s What to Do When a Realtor is in Breach of Contract

HomeLight

88% of recent home buyers said they would use their agent again thats the good news. But what about the other 12% of clients who come away unsatisfied or worse? When your real estate agent breaches contract, its a nightmare. A real estate agents failure to do their job can cost you time, money, and personal damages. A breach in contract could be the difference between selling your house in a month and selling it in four.

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MBA teams with Cleveland State University on mortgage banking education program

Housing Wire

The Mortgage Bankers Association (MBA)s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University. The program, which is led by adjunct professor Debbie Hoffman a visiting assistant professor at the Cleveland State University College of Law offers a three-credit undergraduate course on residential mortgage origination and processing.

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Inman unveils class of 2025 Power Players, New York Power Brokers and MLS Reinvented award winners

Inman

The 2025 Power Players award celebrates 143 industry leaders whose power and influence are shaping the future of real estate. This marks the start of a year dedicated to honoring the very best of our community.

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Rental Prices Continue to Decline Due to New Construction and Absorption Rates

RIS Media

New data from Realtor.com shows that rental prices continued to decline for the month of December, as the national median asking rent fell below $1,700 for the first time since April 2022. According to Realtor.com, this is a 1.1% decline year-over-year from December 2023. Absorption rates, the share of newly built rental units successfully leased… The post Rental Prices Continue to Decline Due to New Construction and Absorption Rates appeared first on RISMedia.

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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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Affordable Housing Lottery Opens in East New York, With Units From $544

Brownstoner

An affordable housing lottery has launched for a truly affordable under-construction seven-story development on the corner of East New Yorks Shepherd and Glenmore avenues. Studio apartments start at $544 a month and one-bedrooms at $689. The lottery for the development at 365 Shepherd Avenue includes 40 units, all rent stabilized and… Read More > The post Affordable Housing Lottery Opens in East New York, With Units From $544 appeared first on Brownstoner.

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KW sues InsideRE for trademark infringement over BoldTrail

Inman

InsideRE's use of the word "bold" and the color purple in a rebrand of the product formerly known as kvCORE make its branding "confusingly similar" to KW's BOLD product, the company claimed.

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CRS Data Utilizes Product Enhancements to Focus on User Experience

RIS Media

Real Estate organizations spend significant time each year evaluating solutions, whether that’s to onboard new products or to decide if current tech tools are worth keeping. But how do you determine which technology product is best for your users? The answer to that may be deceptively simple: it’s the one that they’ll use. Overly complicated… The post CRS Data Utilizes Product Enhancements to Focus on User Experience appeared first on RISMedia.

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$1.1B Living Realty affiliates with Keller Williams in Toronto, Canada

Inman

With 550 agents and 35 staff members expected to transition to Keller Williams in March, the partnership will clinch Living Realty as KW's largest market center in Canada by agent count.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Minister ‘missed opportunity’ on leasehold reform as legal battle looms

Estate Agent Today

The Housing Minister missed an ideal opportunity to clarify when leasehold reforms will be implemented, Propertymark has warned.

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From Adversity to Innovation: How Morgan Carey Is Mastering Leadership and Tech in the Real Estate Space

RIS Media

Morgan Carey has built an empire in real estate technologyand, as it turns out, he can do it with one arm. Fresh out of major shoulder surgery, the CEO of Real Estate Webmasters (REW) is already back in action, innovating and strategizing without missing a beat. As the leader of a company driving billions of… The post From Adversity to Innovation: How Morgan Carey Is Mastering Leadership and Tech in the Real Estate Space appeared first on RISMedia.

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Take the Inman Intel Index survey for January

Inman

Each month, hundreds of real estate agents, brokers, executives and investors report on what they're seeing in their corner of the industry. Add your insights. Take the survey.

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AI set to control agency marketing and negotiating by 2027 – claim

Estate Agent Today

Artificial intelligence (AI) will assume control of agency marketing and negotiation by 2027, an industry figure has predicted.

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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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Resilient California Housing Market Defies Challenges in 2024

Marco Santarelli

The California housing market showed surprising resilience in 2024, ending the year on a strong note despite the many hurdles it faced. Existing, single-family home sales saw a notable increase, and the median home price also experienced growth , marking a positive close to a year that began with many uncertainties. It's not a perfect picture, but definitely a brighter one than many of us expected a few months ago.

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Damages in Los Angeles Are Estimated to Cost Nearly $275 Billion

Bigger Pockets

AccuWeather has estimated the cost of the LA wildfires to be $250 billion to $275 billion, making it the costliest blaze in U.S. history.

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Regional conference season starts for Guild and Propertymark members

Estate Agent Today

The Guild of Property Professionals has launched its 2025 season of local meetings.

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Practical Sewer Cleaning Tips to Keep Your Home Plumbing Healthy

RISMedia

By Kara Masterson Maintaining a clean and functional sewer system is essential for preventing inconvenient backups and avoiding expensive repairs. Proactive upkeep not only ensures that your plumbing operates efficiently but also minimizes the risk of severe issues developing over time. By following these detailed tips, you can improve your systems longevity and maintain smooth […] The post Practical Sewer Cleaning Tips to Keep Your Home Plumbing Healthy appeared first on RISMedia's H

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.