Housing Wire

OCTOBER 22, 2024

Feeling overwhelmed by all the AI talk? It’s understandable. Artificial intelligence (AI) has become a hot topic across every facet of life, including the real estate and title industries. Many title professionals are asking how AI can be used safely and effectively to improve daily operations. In this article, we’ll explore practical ways title companies can leverage AI to stay competitive in a fast-changing landscape, offering actionable tips to help you integrate these emerging tools respons

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Inman

OCTOBER 22, 2024

Creating content for your website, communicating with your sphere of influence and marketing your latest listing are all easy with the help of artificial intelligence, Luke Babich writes.

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Housing Wire

OCTOBER 22, 2024

Mortgage rates continue to rise, serving as a bucket of cold water for lenders and consumers that were warming to lower borrowing costs just a few months ago. According to HousingWire ‘s Mortgage Rates Center , the average 30-year conforming rate was 6.61% on Tuesday. That was up 15 basis points (bps) from one week ago and 30 bps higher than on Sept. 18, when the Federal Reserve lowered benchmark rates by 50 bps.

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Keeping Current Matters

OCTOBER 22, 2024

If your goal is to sell your house in 2025, now’s the time to start prepping.

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Agents 332

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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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Housing Wire

OCTOBER 22, 2024

The Real Brokerage is keeping attendees of RISE, its third annual agent conference, on their toes. From the RISE stage in Las Vegas , Real unveiled three new products for agents and clients on Tuesday. The first product launched is an upgrade to Leo, the AI assistant the firm first debuted during the summer of 2023. The upgrade, known as Leo CoPilot, will serve as an agent command center and will also become the main interface agents use to manage reZEN, Real’s agent platform.

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Housing Wire

OCTOBER 22, 2024

The Consumer Financial Protection Bureau (CFPB) has finalized a rule that lays the groundwork for open banking in the U.S. financial system, including the mortgage sector. But this rule has sparked mixed reactions within the industry, reflecting both enthusiasm and concerns. Announced on Tuesday, the new rule mandates that financial providers — including banks, credit card issuers and mortgage companies — share personal financial data for free with their peers when customers request it.

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Inman

OCTOBER 22, 2024

Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, the NAR, regulatory bodies and significant stakeholders must consider their impact on borrowers and determine whether these policies do more harm than good.

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Housing Wire

OCTOBER 22, 2024

The third-quarter financials for Pennymac Financial Services illustrate the double-edged sword of declining interest rates for mortgage companies. It can improve loan production and acquisitions but hurt their servicing portfolios. When factoring both impacts on its earnings, the California -based lender delivered a profit of $69.4 million from July to September.

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RIS Media

OCTOBER 22, 2024

It isn’t as shiny and new as it was a couple years ago, when ChatGPT took the world by storm, but AI, or large language models, are still highly influential and fast-evolving pieces of technology that real estate professionals can’t ignore in their businesses. At RISMedia’s 36th Annual CEO & Leadership Exchange this past September,… The post Homebuyer Dreams, Macaroni and Cheese: What Is the AI ‘Recipe’ of the Future?

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Technology As-is Industrial Agents 119

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

OCTOBER 22, 2024

eXp Realty continues to add agents and teams at a fast clip. The company announced the addition of the Maine -based Realty ONE Group, a 36-agent team that has closed 338 transactions totaling $128 million in sales volume so far this year. The team is led by Steven Brackett, who has been part of Realty One Group for six years. According to eXp, the group specializes in residential real estate, fix-and-flips and investment properties. “I’ve realized that my greatest strength lies in seeking,

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RIS Media

OCTOBER 22, 2024

The debate around NAR’s Clear Cooperation policy continues among brokers, MLSs, and other real estate industry players. Opinions are sharply divided on this policy, which dictates how and when property listings are created and shared. This polarizing debate threatens the MLS operating model that has successfully served agents and consumers for decades with the most… The post Technical Capabilities Can Help the Real Estate Industry Navigate Clear Cooperation appeared first on RISMedia.

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Industrial MLS Agents Technology 121

Housing Wire

OCTOBER 22, 2024

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls is the latest addition to a leadership team of seven executives at the developing company. Guaranteed Rate Affinity was formed in 2017 through a partnership between Rate , formerly branded as Guaranteed Rate , and Anywhere Real Estate , formerly known as Realogy.

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Real Estate News

OCTOBER 22, 2024

Most haven't, data shows, as they wait for the post-settlement dust to settle. Instead, they’re leaning into agent relationships and rethinking incentives.

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Agents 271

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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.

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Housing Wire

OCTOBER 22, 2024

Unexpected financial hardships are an unfortunate but not uncommon challenge facing many homeowners. To help overcome these obstacles, Sagent has created its Dara Loss Mitigation platform as a solution that modernizes how homeowners and mortgage servicers address financial hardship. Modernizing the hardship application process Traditionally, applying for mortgage assistance has been cumbersome, involving extensive paperwork, excruciatingly long cycles of communication (and miscommunication), and

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RIS Media

OCTOBER 22, 2024

Above, Jackie Thiel Premier Sotheby’s International Realty has announced the company has appointed industry veteran Jackie Thiel as its new president, marking a significant leadership strengthening for the luxury real estate brokerage. Thiel, with more than 30 years of experience in real estate leadership, most recently served as president of Long & Foster Real Estate,… The post Premier Sotheby’s International Realty Elevates Leadership, Appointing Jackie Thiel as President appeared fi

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Housing Wire

OCTOBER 22, 2024

Mortgage technology company Uplist has launched what it says is a killer new tool that will help loan officers automatically generate refinance options for their clients. The technology, called “Recapture,” is integrated with the leading pricing engines, and it provides LOs with timely, accurate data that identifies multiple refi opportunities for clients.

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RIS Media

OCTOBER 22, 2024

How will the threat of wildfires affect real estate businesses in the western portion of the United States? The answer to the question differs from market to market, even within certain states. California, for example, sees different measures being taken by region. A recent CoreLogic report detailed that as of July 15, 2024, more than… The post Threat of Wildfire Balloons Insurance Costs, Shifts Markets Out West appeared first on RISMedia.

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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.

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Housing Wire

OCTOBER 22, 2024

Financial readiness technology firm FinLocker has partnered with FirstHome IQ , a nonprofit organization that is “committed to providing the next generation of homebuyers with financial education.” The two organizations said Tuesday that they’re focused on empowering Generation Z with the knowledge, tools and confidence needed to “break through financial barriers and make homeownership an attainable goal.” Record-high home prices, inflation and elevated mortgage rat

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Real Estate News

OCTOBER 22, 2024

Zillow will share 3D Home tours, interactive floor plans and other listing features with Realtor.com beginning in 2025.

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RIS Media

OCTOBER 22, 2024

United® Real Estate has announced its national conference will be taking the virtual stage Thursday with an all-day agenda designed to motivate, educate and prepare industry professionals for the evolving real estate landscape. “Elevate Together” is a one-day virtual event featuring some of the industry’s notable speakers, visionaries, top producers, and world-class education from a… The post United Real Estate to Host Conference with Keynote Speakers This Week appeared first on RISMedia.

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Real Estate News

OCTOBER 22, 2024

Revenue was up 11%, and the company plans to accelerate the growth of the Homes.com sales team despite some slowdown in traffic from the previous quarter.

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Sales 257

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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.

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BubbleInfo

OCTOBER 22, 2024

There are several reasons why I think the local inventory will surge in 2025. It will be due to several causes contributing more houses for sale, and all combined it may look like a flood in some areas. Been Trending That Way in 2024 – The inventory this year has been +15% more than last […] The post Inventory Surge in 2025? first appeared on bubbleinfo.com.

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Inman

OCTOBER 22, 2024

The campaign's transparency was questioned following a decision to post "cumulative" financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst.

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Redfin

OCTOBER 22, 2024

You might be considering a beachfront apartment in Miami or a suburban home in Orlando , as these Florida cities offer distinct living experiences. Miami is known for its nightlife and international flair, while Orlando is famous for its attractions and laid-back lifestyle. Whether you’re drawn to the busy streets of Miami or the theme park capital of the world, choosing the right city is an important decision.

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Inman

OCTOBER 22, 2024

Costa Mesa, California-based provider of debt consolidation loans saw most of its business dry up last year and was evicted from its headquarters in May, according to Connecticut regulators who revoked the company's license on Oct. 2.

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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.

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