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
There’s a new brokerage on the block. The recently launched Realty of America (ROA) is a fully virtual brokerage co-founded by CEO Eddie Garcia, President Mark Dimas, chief culture officer Erinn Nobel and chief operating officer Peter Nobel. The firm is launching in 23 markets across the country and has more than 2,000 agents already signed on.
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.
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.
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.
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
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
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
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.
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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
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.
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
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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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
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
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
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.
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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
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
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.
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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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
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.
Eye on Housing
SEPTEMBER 23, 2024
On average, 40% of builders’ single-family home sales so far in 2024 have been made to first-time home buyers, according to the most recent NAHB/Wells Fargo Housing Market Index survey (HMI). That share has doubled since 2016, when only 19% of builders’ sales went to first-time buyers. Our limited time-series on this topic in the.
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.
HomeLight
SEPTEMBER 23, 2024
As a homeowner, your home equity represents one of your most valuable financial assets. It’s the difference between what you owe on your mortgage and what your home is worth today. With home values growing by nearly 50% in the past four years, you may be asking, “How much equity can I borrow from my home?” In this post, we review your options for tapping into your home equity and how to estimate the maximum amount you can borrow.
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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.
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.
HomeLight
SEPTEMBER 23, 2024
Selling your home quickly in Fort Wayne can feel overwhelming, especially when facing major changes or mounting financial pressure. Whether it’s an unexpected job relocation, downsizing, or needing to offload a distressed property, you may ask, “How can I sell my house fast in Fort Wayne?” In this guide, we’ll break down your best options, from receiving an instant cash offer to hiring a top-performing real estate agent.
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.
Brownstoner
SEPTEMBER 23, 2024
Chosen as this year’s showhouse to benefit longstanding local nonprofit Brooklyn Heights Association, an 1840s Greek Revival row house on Clinton Street was home to a doctor’s family for decades and has an intriguing history connecting it to the founding of Alcoholics Anonymous. While the current interior of the brick… Read More > The post Brooklyn Heights Showhouse Started as a Family Home on Doctors’ Row appeared first on Brownstoner.
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.
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