Housing Wire

JUNE 11, 2024

The U.S. Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. The change, a result of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , was anticipated late last month and commented on by Michelle Corridon, the deputy policy director at the VA.

VA loan 517

VA loan Loans Brokerage MLS 517

Real Estate News

JUNE 11, 2024

A new survey of lenders reveals a 38 basis point difference between mortgage rates by state, which can mean hundreds of dollars a year for borrowers.

Mortgages 291

Mortgages 291

Housing Wire

JUNE 11, 2024

The iBuying platform Offerpad and Realtor.com are teaming up. In an announcement on Tuesday, the firms said that Offerpad was integrating with Realtor.com. According to the release, the integration will allow Offerpad to provide a cash offer to more sellers and will extend Offerpad’s reach to a larger audience of potential sellers. “Over the past year, with all of the adversity happening for buyers and sellers and the industry in general, we have really been focused on trying to find buyers and

Finance 452

Finance Industrial Agents Closing 452

Real Estate News

JUNE 11, 2024

A temporary policy revision allows military borrowers to pay their agents, something that was previously prohibited under VA lending rules.

Lending 270

Lending Mortgages Agents 270

Advertisement

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.

Agents

Housing Wire

JUNE 11, 2024

There is a large gap between how the American public feels about the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement and how real estate professionals feel about them. According to a survey published by Clever Real Estate , 67% of the general public supports the changes, while 70% of real estate agents oppose them.

Agents 418

Agents Closing costs As-is Industrial 418

Housing Wire

JUNE 11, 2024

An article written by an Atlanta -based certified financial planner and published Tuesday by Forbes indicates that retirement may not be as difficult as many Americans think. Wes Moss, who hosts the “ Retire Sooner ” podcast and has 20-plus years of experience as an investment adviser, offered advice that reverse mortgage professionals and their business partners might take into account when working with clients on strategies for a financially secure retirement.

As-is 401

As-is Mortgages Finance 401

Keeping Current Matters

JUNE 11, 2024

If homeownership is on your goal sheet for your future, you’re probably working on your savings.

271

271

Housing Wire

JUNE 11, 2024

The National Association of Realtors addressed concerns of agent steering in its latest update to its commission lawsuit settlement FAQs. The topic of steering — when a buyer’s agent or broker prevents buyers from seeing homes that offer commissions lower than is typical for a market or discourages buyers from considering homes that offer lower commissions, as well as when a listing agent makes sellers fearful that if they don’t offer competitive compensation, buyers and their agents will avoid

MLS 395

MLS Agents Brokerage As-is 395

Real Estate News

JUNE 11, 2024

The search portal integration is the iBuyer’s latest move as it focuses on growing market share through partnerships and agent incentives.

Agents 211

Agents As-is Marketing 211

Advertisement

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.

Agents

Housing Wire

JUNE 11, 2024

In a legal brief filed on Monday, MLS Property Information Network (MLS PIN) made it clear that it does not agree with the Department of Justice ‘s position on the banning of cooperative compensation, as outlined in the DOJ’s statement of interest in the Nosalek commission lawsuit. The DOJ became involved in the Nosalek suit in late September 2023 , intervening over what it described as “significant concerns” about the terms of the settlement agreement that MLS PIN and the Nosalek pl

MLS 388

MLS Staging As-is Marketing 388

Inman

JUNE 11, 2024

The temporary rules were first announced in May ahead of Memorial Day and came in response to calls from Realtors who feared veterans would become less competitive in the new landscape.

Brokerage 185

Brokerage Agents Marketing 185

Housing Wire

JUNE 11, 2024

California-based loanDepot plans to extend its $497.8 million in senior notes due in the fourth quarter of 2025 at a lower maturity and a higher interest rate. The transaction reflects a business under stress but brings temporary relief to the company’s financials, analysts told HousingWire. loanDepot subsidiary LD Holdings Group LLC announced on June 4 that it amended the terms of its previously commenced offer to exchange senior notes of 6.5% due in 2025 for newly senior secured notes due on

Principal 377

Principal Mortgages Investor Finance 377

Inman

JUNE 11, 2024

Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4 billion in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending.

Lending 171

Lending Mortgages Residential Loans 171

Advertisement

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.

Brokerage

Housing Wire

JUNE 11, 2024

Seattle -based proptech company Flyhomes announced Tuesday that it has acquired the assets of startup ZeroDown and is launching an artificial intelligence (AI)-powered home search portal to bring “conversational real estate search and research to the market.“ Developed over the past two years, the newly rebranded Flyhomes portal is proprietary technology that was designed under the guidance of ZeroDown co-founders Laks Srini and Abhijeet Dwivedi, who have joined Flyhomes as chief technology offi

Technology 365

Technology Design Agents MLS 365

Inman

JUNE 11, 2024

There are several ways in which agents can prove just how much they're worth — and why anyone would want to sign a buyer-broker agreement and pay their commission.

Agents 177

Agents 177

Housing Wire

JUNE 11, 2024

There were a total of 131 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) between Jan. 1 and June 10 of this year that were related to the reverse mortgage industry, according to a database maintained by the bureau. This was 52 fewer complaints compared to the same period in 2023. Of these complaints, 42% were related to “trouble during the payment process,” which primarily had to do with customers seeking to contact their lender or servicer to fix an issue with

Mortgages 350

Mortgages Loan Officer Loans Finance 350

Inman

JUNE 11, 2024

Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits.

Brokerage 167

Brokerage 167

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.

Loans

Housing Wire

JUNE 11, 2024

In a market where every dollar matters, revenue retention areas like quality control and compliance are more critical than ever. Thus, keeping abreast of regulatory and investor updates and trends is vital to maintaining loan quality and compliance. Trevor Gauthier, chief executive officer at ACES Quality Management provides us with an update on the latest in QC and compliance.

Loans 334

Loans Lending Mortgages Closing costs 334

Inman

JUNE 11, 2024

Whether you're a broker-owner, managing broker or team leader, you may be surprised to find out how much your vibe affects your organization, Joseph Santini writes.

Brokerage 151

Brokerage Agents 151

Housing Wire

JUNE 11, 2024

Sotheby’s International Realty is launching its eighth office in Michigan as the firm announced the affiliation of the The Home Seekers Real Estate Group on Tuesday. Home Seekers, which is based in Okemos, Michigan, will now operate as White Pine Sotheby’s International Realty. The firm, which is owned and operated by Rob Buffington, serves the Greater Lansing area — including Ingham County, Eaton County and Clinton County. “ Homebuyers migrate to Central Michigan to enjoy its proximity to numer

Branding 333

Branding Agents As-is Sales 333

Inman

JUNE 11, 2024

The median United States asking rent rose 0.8 percent year over year in May to $1,653, the highest it's been since October 2022.

177

177

Advertisement

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.

Agents

Housing Wire

JUNE 11, 2024

Rithm Capital , the parent company of multichannel lender Newrez , announced on Tuesday that it has closed a transaction with Great Ajax Corp. , which resulted in the purchase of 2.9 million shares of its peer’s common stock. Rithm, a New York-based real estate investment trust, has invested in becoming a global asset management firm focused on real estate, credit and financial services.

Closing 320

Closing Commercial Loans Residential 320

Inman

JUNE 11, 2024

There’s a lot of new information out there — and a lot of bad info, too. Christy Murdock offers 5 red flags to watch out for when choosing a coach or trainer.

MLS 153

MLS Brokerage Agents 153

Seattle Times Real Estate

JUNE 11, 2024

Amazon invested $2.2 billion in affordable housing units faster than it expected. Now, it has committed an additional $1.4 billion for more projects.

141

141

Inman

JUNE 11, 2024

Cash-offer pioneer Flyhomes says it will partner with agents to expand nationwide after acquiring "conversational real estate search" tech from ZeroDown, hiring co-founders Laks Srini and Abhijeet Dwivedi.

Agents 137

Agents Technology Brokerage Industrial 137

Advertisement

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.

Sales

RIS Media

JUNE 11, 2024

Client loyalty is the cornerstone of a successful business, especially in the real estate industry. It’s the key to retaining clients over several years between transactions, and it presents the greatest opportunity for long-term growth. Moreover, the right client loyalty solutions can even lead to near-term listings. Yes, by focusing on client loyalty, you can… The post Effortlessly Tackling the Client Loyalty Challenge appeared first on RISMedia.

Industrial 122

Industrial Development Technology Agents 122

Inman

JUNE 11, 2024

"Real Estate Wealth for Women" offers an abundance of resources and interviews with experts to help women make smarter financial decisions, especially when it comes to real estate. The brainchild of Bernice Ross, it’s available in both public-facing free and private paid tiers.

Brokerage 134

Brokerage Agents Marketing 134

RIS Media

JUNE 11, 2024

MLS PIN, the Massachusetts-based listing service that has become a focal point of the Department of Justice’s (DOJ) interest in real estate commission practices, yesterday filed its long-awaited response to antitrust regulators as it urged a federal judge to reject DOJ arguments that “fail on their own terms” in a proxy battle over compensation structure.… The post DOJ Intervention Violates Free Speech, MLS Argues appeared first on RISMedia.

MLS 119

MLS Agents 119