Thu.Dec 12, 2024

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William Raveis acquires Nantucket-based Jordan Real Estate

Housing Wire

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). The financial terms of the deal were not disclosed. William Raveis a top-ranked brokerage serving the Northeast, Florida and South Carolina has made several expansion moves in 2024.

Brokerage 369
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The Top 2 Reasons To Look at Newly Built Homes

Keeping Current Matters

When planning a move, a newly built home might not be the first thing that comes to mind.

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Travis Kessler set to retire from Texas Realtors, Mike Barnett named as new CEO

Housing Wire

Travis Kessler will retire from his role as CEO and president of the Texas Association of Realtors. The organization also announced that executive vice president Mike Barnett will succeed Kessler effective April 1, 2025. Kessler, a 48-year real estate industry veteran, served as Texas Realtors’ CEO and president for 14 years. Jef Conn, the trade group’s chairman, praised Kessler for ushering Realtors and their clients toward success.

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Falling mortgage rates spark late-season demand

Real Estate News

Rates have dropped for a third consecutive week, and buyers appear to be responding. But where rates go next is uncertain, and short-term volatility is likely.

Mortgages 217
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The 2025 Real Estate Roadmap to Success

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.

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Beating the noise: How title companies can position for the upcoming refi market

Housing Wire

It was July of 2020 and the interest rates had just dropped below 3%, every Title & Escrow company was slammed! In this season, most companies were well on the way to making more money than they had in years, or in some cases, ever!Consumers were refinancing in astronomical numbers! Every title company wanted a great piece of the current refi market and most would do about anything to obtain it.The problem; almost all were late to the party and not prepared.

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DOJ to Supreme Court: Ending NAR probes forever a ‘nonstarter’

Real Estate News

The National Association of Realtors and Department of Justice reached a deal in 2020, and since then have fiercely debated whether the case can be reopened.

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HomeSmart joins brokerages in allowing agents to shift from NAR

Inman

The shift by HomeSmart and Realty One Group reflects growing skepticism about NAR's three-way agreement and Phoenix Realtor's announcement of MLS Choice in November.

Brokerage 151
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Uplist’s Jeff Bell on finding efficiencies for loan officers

Housing Wire

Editor in Chief Sarah Wheeler sat down with Jeff Bell, president of both UpWell Mortgage and software company Uplist , to talk about how he thinks about technology, and the good news that the industry is turning a corner after two rough years. Bell was in tech in the late 1990s, then got into the mortgage business in 2022, doing everything from production to owning a mortgage company.

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Fathom Realty hires eXp vet Andrew Shock as new ops chief

Inman

Organizational change will allow DeJane Kerr, Fathom Realty's senior vice president of compliance, to focus on brokerage compliance, parent company says.

Brokerage 147
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CoreLogic: Mortgage delinquencies kept climbing in September

Housing Wire

September signified a steady decline in mortgage performance since the end of third-quarter 2023. About 3% of all mortgages were in some form of delinquency in September 2024 up 20 basis points year over year, according to a CoreLogic report released this week. This is the fourth consecutive month that the national delinquency increased year over year, according to CoreLogic’s September 2024 Loan Performance Insights Report.

Mortgages 368
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Riding a strong year, Ryan Serhant says ‘America is open for business’

Inman

Ahead of his appearance at Inman Connect New York in January, the CEO shared his thoughts on what industry players should be focusing on, updates at SERHANT. and his optimistic view of 2025.

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Side goes back to grassroots to move forward in 2025

Housing Wire

Many in the real estate industry are looking at 2025 as a year to get back to the basics of the business, but Side is taking it one step further. This year, as the real estate industry looked to navigate numerous challenges, from the commission lawsuits to the continued housing market slowdown, Hilary Saunders said Side and its leadership have gone back to a grassroots approach.

Brokerage 367
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Oren and Alon Alexander denied bond as new lawsuit is filed

Inman

In bond court on Thursday, Oren pleaded with the judge to be allowed to be with his wife, who is nine months pregnant, when she gives birth. A detention hearing is scheduled for Friday.

As-is 144
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Distressed properties signal a slowdown in 2025 housing market

Housing Wire

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. This downward pricing trend at distressed property auctions, combined with affordability constraints for retail buyers and rising rates of serious delinquency, foreshadows slowing home-price appreciation in 2025.

Marketing 370
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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9 strategies for indie brokers to keep real estate agents thriving

Inman

By investing in your agents with innovative and meaningful initiatives, youre building a foundation for long-term success, luxury advisor Chris Pollinger writes.

Agents 141
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Celink awarded high net promoter score in recent customer survey

Housing Wire

Lansing, Michigan -based reverse mortgage servicing company Celink this week announced that it earned a high net promoter score (NPS) of 74, which is generally considered an excellent rating of customer loyalty, following a survey of its clients. Created by author Fred Reichheld about 20 years ago, the net promoter score is a common tool used in the practice of market research to gauge customer loyalty, satisfaction and the likelihood of recommending a business for a particular service.

Equity 352
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2025’s Great Expectations: Will AI Deliver on Its Promises?

RIS Media

The rapid adoption of AI in real estate is historic. Not since the introduction of the iPhone has a single tech advancement had a faster and more pervasive impact on our industry. Real estates first survey of AI use, conducted by Delta Media last January, showed 80% of agents already used AI. Since then, the… The post 2025’s Great Expectations: Will AI Deliver on Its Promises?

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6 steps for hitting the reset button on your team culture: Part 2

Inman

With the right strategies in place, you can successfully reset your team culture and drive your organization toward success, coach Verl Workman writes. Heres where to start.

Agents 139
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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7 Undeniable Benefits of Door Hangers

BAM Media

Marketing is a game of inchesone that requires you to be as omnipresent as possible. But its not just about being everywhereyou also need to do what other agents arent to capture the attention of potential homebuyers and sellers. Aside from farming with postcards and door knocking , door hangers are yet another inexpensive tactic you can use to get in front of your audiencemaking them especially appealing to agents without deep pockets but not opposed to investing in a little sweat equity.

Equity 104
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FBS, maker of FlexMLS, now offers marketing services

Inman

FBS, the maker of FlexMLS and its sister software systems, is adding to its family of products aimed to empower multiple listing services with a marketing services offering called MAS, or marketing add-on services.

Marketing 134
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How Much Can You Make Flipping Houses? The Answer May Surprise You

HomeLight

Flipping can be a great way to earn quick cash, advises Dustin Parker, a top-selling real estate agent in Millsboro, Delaware, whos also a house flipper himself. However, you run the risk of purchasing a property at a high price point right before the market takes a downturn. If home values fall while youre doing the renovations , then youre stuck with a lot of money invested in a house that you cant sell at a profit.

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Huddle Up: How Mike Rankin Collective builds team culture

Inman

For Mike Rankin and his team, success is rooted in a commitment to collaboration, positivity and client-centric service along with a family-like team culture, Melanie Klein writes.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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6 Scary Scenarios that Make Homeowners Insurance Worth the Cost

HomeLight

There are a lot of costs associated with owning a home besides your mortgage premium. You have utilities, maintenance and repair costs, property taxes, homeowners insurance, and possibly an HOA (homeowners association) fee and/or private mortgage insurance. Its not uncommon to look for ways to reduce your costs. You might ask yourself, Do I really need homeowners insurance?

Loans 98
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5 predictions for 2025 from NAR’s economic summit

Inman

The National Association of Realtors hosted its latest Real Estate Forecast Summit on Thursday, where five of the industry's top economists shared their predictions for mortgage rates, consumer activity, government spending and macroeconomic trends.

Mortgages 123
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The "Home ATM" Mostly Closed in Q3

Calculated Risk Real Estate

During the housing bubble, many homeowners borrowed heavily against their perceived home equity - jokingly calling it the “Home ATM” - and this contributed to the subsequent housing bust, since so many homeowners had negative equity in their homes when house prices declined. Unlike during the housing bubble, very few homeowners have negative equity now.

Closing 104
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Broker Spotlight: Brett Henry, RealtorDR

Inman

Learn how this brokerage president pioneered a digital-first approach to Caribbean real estate that makes international property investment more accessible.

Brokerage 107
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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What Happens During a Home Appraisal? Guide For Home Buyers

HomeLight

After finding the home of your dreams, you know youll have to jump through some hoops before youre a homeowner. One of those hoops is the appraisal , which can cause anxiety for both the seller and the buyer. The seller is hoping the appraisal is comparable to the agreed-upon sale price (If it is much higher, then this would mean they may have lost out on money; If it is too low, there is a possibility they might have to lower the price to keep the buyer).

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Landlord Guide: How to Write a Late Rent Notice Template

The Close

Lets be real: life can throw some curveballs that may prevent your tenant from paying their rent. Whether they forgot or happen to be struggling financially, sending a late notice for rent is a way to remind them of their owed rent and encourage them to pay on time in the future. Ive put together a simple late rent notice template to help you write a direct and professional letter while following the state rules.

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Ask The Newsmakers: A Roadmap for the Future

RIS Media

Above (L-R): Rob Barber, Darryl Davis, Lisa Sturtevant and Rick Haase. With all eyes on the year ahead, real estate professionals across the board are busy preparing for whats next. And while theres no crystal ball to predict exactly what the 2025 housing market will look like, we asked a few of our 2024 Real… The post Ask The Newsmakers: A Roadmap for the Future appeared first on RISMedia.

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Agents slam current EPCs and expects radical change from 2025

Estate Agent Today

EPCs set to be beefed up within the next two years

Agents 98
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.