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 523

VA loan Loans Brokerage MLS 523

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 283

Mortgages 283

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 487

Finance Industrial Agents As-is 487

Keeping Current Matters

JUNE 11, 2024

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

336

336

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

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 467

Agents Closing costs As-is Industrial 467

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 267

Lending Mortgages Agents 267

Real Estate News

JUNE 11, 2024

The company is launching a new AI-backed home search that CEO Tushar Garg claims is “far ahead of everybody else” in terms of data and tech.

243

243

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 447

MLS Agents Brokerage As-is 447

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 204

Agents As-is Marketing 204

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 453

MLS Staging As-is Marketing 453

Advertisement

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.

Brokerage

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 192

Brokerage Agents Marketing 192

Housing Wire

JUNE 11, 2024

The U.S. Department of Housing and Urban Development (HUD) has terminated the Federal Housing Administration (FHA) direct endorsement approval for Open Mortgage in Iowa. “HUD placed Open Mortgage on credit watch for the Des Moines HOC [homeownership center], which only impacts our loans in Iowa,” Christopher D’Auria, president and CEO of Open Mortgage, told HousingWire.

FHA loan 462

FHA loan Mortgages Loan Officer Loans 462

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 185

Lending Mortgages Residential Loans 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 454

Principal Mortgages Investor Finance 454

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

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 182

Brokerage 182

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 443

Technology Design Agents MLS 443

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.

186

186

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 429

Mortgages Loan Officer Loans Finance 429

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

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 169

Brokerage Agents 169

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 417

Loans Lending Mortgages Closing costs 417

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 170

MLS Brokerage Agents 170

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 416

Branding Agents As-is Sales 416

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

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 154

Agents Technology Brokerage Industrial 154

Housing Wire

JUNE 11, 2024

Optimal Blue announced yesterday that industry veteran Joe Tyrrell would be taking the CEO role at the company. Tyrrell was a long-time executive at Ellie Mae before it was acquired by Intercontinental Exchange (ICE) in 2020. He served as president of ICE Mortgage Technology for three years before leaving to become the CEO of Medallia , a customer and employee experience company.

Technology 405

Technology Industrial Equity Loans 405

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 152

Brokerage Agents Marketing 152

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 402

Closing Commercial Loans Residential 402

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

Inman

JUNE 11, 2024

Airbnb host Farzana Rahman's renters have refused to vacate the property after a seven-month reservation. Rahman said Airbnb has provided little assistance.

153

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

The luxury firm co-founder announced his resignation via Instagram days after news broke that he and his brother, Alon Alexander, had been named as perpetrators in two lawsuits alleging rape.

Brokerage 130

Brokerage Agents 130

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

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.

Agents