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.
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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).
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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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.
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
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.
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
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.
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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.
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.
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
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.
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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.
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
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
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
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.
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
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
Find out how real estate tech and training tools from Lone Wolf can help add transparency and clarity to the agent-client experience.
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
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.
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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.
RIS Media
SEPTEMBER 23, 2024
For Leo Pareja, the wheels of change started churning long before the Aug. 17 NAR mandate deadline. During a special one-on-one conversation with RISMedia Founder & CEO John Featherston at RISMedia’s 36th Annual CEO & Leadership Exchange, the eXp CEO shared how his firm got ahead of the curve in order to mitigate turmoil. “On… The post How Leo Pareja Got Out in Front of Change appeared first on RISMedia.
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.
Brownstoner
SEPTEMBER 23, 2024
Domino Square, the penultimate piece of Two Trees’ major redevelopment of the Williamsburg waterfront on the site of the old Domino Sugar Refinery, has opened, providing an acre of open public space next to the landmarked Refinery building. Designed for flexible public programming, the space at 320 Kent Avenue has a… Read More > The post Domino Square Public Plaza Opens on Williamsburg Waterfront appeared first on Brownstoner.
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.
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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.
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.
Inman
SEPTEMBER 23, 2024
Disconnected phones, undeliverable emails and presumed scams have all become more common, customers of Move's network of companies told Inman in the wake of the Aug. 23 class-action suit.
Brownstoner
SEPTEMBER 23, 2024
In the News NYPD’s Subway Shooting Video Footage Doesn’t Quell Anger [NYT] NYPD Understated Woman’s Wound in Subway Shooting: Lawyer [NYT] Migrant Crisis Did Not ‘Destroy’ New York. But Challenges Remain [NYT] Orthodox Jews Say New Trash Rules Conflict With Sabbath [NYP] Giant Trucks Causing Chaos on Narrow Streets of Brooklyn Heights [Eagle] Advocates Prod EPA… Read More > The post Daily Links: Bullet Lodged in Leg of Woman ‘Grazed’ in NYPD Shooting, Lawyer Says appeared f
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