Housing Wire
SEPTEMBER 23, 2024
Seller repurchases of Freddie Mac mortgages rose by $430 million in the second quarter of 2024, a 29.1% increase from the first quarter, according to an analysis of public filings by Inside Mortgage Finance. By contrast, sellers of loans through fellow government-sponsored enterprise (GSE) Fannie Mae repurchased $268.5 million in noncompliant loans during the same period, a 27.7% decline from Q1 2024.
Keeping Current Matters
SEPTEMBER 23, 2024
Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible.
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Housing Wire
SEPTEMBER 23, 2024
In the real estate industry, referral fees have become a golden goose that stifles innovation, inflates the value chain, and ultimately harms both consumers and agents. Despite their prevalence, the current system is ripe for reexamination. The referral fee conundrum Referral fees are a familiar practice in real estate. Suppose someone with a real estate license identifies a potential homebuyer or seller.
Real Estate News
SEPTEMBER 23, 2024
A U.S. District Court judge has denied Move’s request for a preliminary injunction and questioned claims of “irreparable harm” to Realtor.com.
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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.
Housing Wire
SEPTEMBER 23, 2024
A former regional operations manager at CrossCountry Mortgage (CCM) is suing the company over allegations of age discrimination and wrongful termination for her refusal to participate in illegal activities. Penny Smith, 61, filed the lawsuit in early September in a district court in Pennsylvania. She alleges violations of the Age Discrimination in Employment Act, the state’s Human Relations Act and common law.
Real Estate News
SEPTEMBER 23, 2024
Housing issues have made their way into presidential politics, but federal policies are unlikely to make a dent in the undersupply in the short-term.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
SEPTEMBER 23, 2024
California District Judge George H. Wu declined Move's preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of "imminent, irreparable harm.
Housing Wire
SEPTEMBER 23, 2024
While many brokerages have made the decision in recent weeks to settle the commission lawsuits , white-label brokerage Side is taking a different tack. On Friday, the firm filed a motion to dismiss the QJ Team copycat commission lawsuit. The suit was filed in Texas in November 2023, roughly two weeks after the jury verdict in the Sitzer/Burnett suit was issued.
Inman
SEPTEMBER 23, 2024
The American Real Estate Association's call to end NAR's pocket rule has drawn more than 2,000 signatures since Friday, according to group co-founder Jason Haber, a Compass agent.
Housing Wire
SEPTEMBER 23, 2024
The Real Brokerage has expanded its footprint into the Richmond, Virginia , area. Nicole Reed Real Estate & Associates is joining Real, bringing an eight-agent team that serves not only Richmond but the Virginia markets of Fredericksburg, Charlottesville and Hampton Roads, in addition to Atlanta. Nicole Reed leads the team, which since 2020 has sold more than 300 homes with a total value of $80 million.
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
SEPTEMBER 23, 2024
Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday — a 10 percent increase from its first offer.
Housing Wire
SEPTEMBER 23, 2024
California -based mortgage lender loanDepot has hired military advocate Bryan Bergjans as part of an effort to boost its lending capacity in the U.S. Department of Veterans Affairs (VA) space. Bergjans joined the company this month as its national director of military growth and strategy. Before that, Bergjans spent eight years at Caliber Home Loans , including stints as national director of military and veteran lending and as head of retail business development.
Inman
SEPTEMBER 23, 2024
Apparent scammers attempted to use a video generated using artificial intelligence to carry out the sale of a plot of land before the fraud was uncovered at the closing.
Housing Wire
SEPTEMBER 23, 2024
San Diego-based Smartfi Home Loans , which is primarily active as a wholesale lender in the reverse mortgage space and is actively building a retail division that offers reverse mortgage products, has hired industry veteran Martin Lenoir as its new chief marketing officer. Lenoir most recently served as CMO at American Advisors Group (AAG), the industry’s former leading lender prior to its acquisition last year by Finance of America (FOA).
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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.
Inman
SEPTEMBER 23, 2024
Led by CEO Eddie Garcia, the national firm born out of Realty of Chicago already has over 2,000 agents who represent more than $5 billion in sales volume. Its founders also have big plans for expansion and, eventually, an IPO.
Housing Wire
SEPTEMBER 23, 2024
Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments. “The new division focuses on the needs of retired and elderly homeowners who wish to benefit from their property’s equity ,” the company said in its announcement.
Inman
SEPTEMBER 23, 2024
Find out how real estate tech and training tools from Lone Wolf can help add transparency and clarity to the agent-client experience.
Housing Wire
SEPTEMBER 23, 2024
Mortgage technology platform provider Dark Matter Technologies announced on Monday that it has added a second loan origination system (LOS) — NOVA — to its product lineup. NOVA joins current LOS Empower, and both offerings will aim to offer distinct options for a wider range of mortgage lenders, according to the announcement. “Adopting a dual-product strategy underscores Dark Matter’s commitment to providing innovative solutions and consultative services for lenders of all sizes,” the company ex
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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.
Inman
SEPTEMBER 23, 2024
It will take more than recent rate cuts for a recovery in home sales to gain traction, a new analysis of market data and economic forecasts suggests. Intel explores what's at stake for the fall market.
Housing Wire
SEPTEMBER 23, 2024
CoStar Group has taken the win in the latest round of the battle between the Homes.com parent company and Move , the parent company of Realtor.com. In a tentative ruling released Monday, Judge George H. Wu of the U.S. District Court for the Central District of California denied Move’s motion for preliminary injunction and limited expedited discovery in its trade secret lawsuit against CoStar.
Inman
SEPTEMBER 23, 2024
The new platform, which Serhant likened to "Instacart for salespeople," allows agents to request upwards of a dozen workflows. The tool begins completing requests within minutes with human advisor oversight.
Bigger Pockets
SEPTEMBER 23, 2024
The 2024 Baselane Real Estate Investor Survey reveals optimism among investors despite rising costs.
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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.
Inman
SEPTEMBER 23, 2024
The PartnerUp Revenue Share program will give agents a cut of Side's profit if they refer and mentor other agents. The program was one of several announcements the company made Monday.
Bigger Pockets
SEPTEMBER 23, 2024
There is generally a positive relationship between income growth and price appreciation in cities (correlation varies by city).
Inman
SEPTEMBER 23, 2024
The "Marketing Center" is designed to explain the appeal of pre-renovations to consumers using campaigns that include print and digital messaging as well as case studies from closed sales.
RIS Media
SEPTEMBER 23, 2024
In a tentative ruling Sept. 23 concerning the “data-theft” lawsuit between Move, Inc., parent of Realtor.com®, and CoStar Group, parent of Homes.com, Judge George H. Wu, of the U.S. District Court in California denied Move’s motion for a preliminary injunction and limited expedited discovery. The case concerns Move’s allegations that former Move employee James Kaminsky,… The post Judge Rules in Favor of CoStar in Realtor.com Parent’s Data-Theft Lawsuit appeared first on RISMedi
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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.
Inman
SEPTEMBER 23, 2024
Agently’s solution is business-growth minded, offering an array of features meant to support sales tactics, expertise development and long-term production layered over its brokerage partners’ established workflows.
Estate Agent Today
SEPTEMBER 23, 2024
Independent agent Hilbery Chaplin is marking 130 years in business.
Inman
SEPTEMBER 23, 2024
The property, represented by Safir Shamsi of Rodeo Realty, is located in the sought-after Bel Air Knolls neighborhood at 16632 Park Lane Circle, offering convenient access to both the Westside and the Valley. The 3,488-square-foot residence features 5 bedrooms and 4.5 bathrooms.
RIS Media
SEPTEMBER 23, 2024
United® Real Estate has announced a milestone achieved through its Financial Wellness Program, Ramsey Solutions SmartDollar, which allows affiliates to take control of finances and plan for a secure retirement and financial future. In only 10 months since the program launch, over 1,356 participating affiliates have collectively eliminated $1.1 million in debt and accumulated $1.7… The post United Real Estate Announces Agent Milestone Achieved Through Financial Wellness Program appeared fir
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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.
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