Housing Wire

JUNE 28, 2024

The primary shareholders of REcolorado — the Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA) — have fired the current board and announced the name of the company they are selling their shares to: MAZL, LLC., headed by J. Burks. According to a statement released Friday from DMAR and SMDRA, their board members have “signed and submitted a joint, unanimous resolution removing all REcolorado board members from their position and duties,

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Real Estate News

JUNE 28, 2024

The Realtor association owners of the MLS said the decision was made “in the best interests of our collective membership” following confidentiality violations.

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Housing Wire

JUNE 28, 2024

The Federal Housing Finance Agency (FHFA) on Thursday named the inaugural members of its newly created advisory committee on affordable, equitable and sustainable housing. The purpose of the committee is to provide nonbinding advice to the agency on how Fannie Mae , Freddie Mac and the Federal Home Loan Banks can achieve their goals as a “reliable and responsible source of liquidity and funding“ across the single-family and multifamily housing sectors.

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Real Estate News

JUNE 28, 2024

The California association said the Consumer Federation of America’s assessment was “misguided” and that its forms will be fully compliant.

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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 28, 2024

After initially announcing the development of a new Home Equity Conversion Mortgage (HECM)-backed Securities ( HMBS ) program in January, government-owned company Ginnie Mae — which oversees the government’s mortgage-backed securities (MBS) portfolio — released a highly anticipated term sheet this week for what is being referred to as “HMBS 2.0.” To get a better understanding of the newly proposed program and what it hopes to accomplish, HousingWire ’s Reverse Mortgage Daily (RMD) sat down with

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Keeping Current Matters

JUNE 28, 2024

Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say.

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Marketing Mortgages 262

Real Estate News

JUNE 28, 2024

A Nevada lawsuit was dismissed this week, but an amended sexual misconduct complaint filed in California could put company leadership back in the hot seat.

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Housing Wire

JUNE 28, 2024

For many, summertime in northern New Hampshire is the perfect opportunity to get back to nature, relax lakeside and generally slow down a little. According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to. “There isn’t a whole lot of time during the year where it is super slow because we have a lot of vacation buyers, but pre-COVID, between Columbus Day and Thanksgiving, when th

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Marketing Days on market Agents Inspection 394

Real Estate News

JUNE 28, 2024

Watch the conversation with speaker and “crazy idea” guy Kyle Scheele as he explains how the power of storytelling can foster lasting client relationships.

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Sales 203

Housing Wire

JUNE 28, 2024

Title insurance provides vital protection to the largest and most important purchase most Americans will ever make—their home. Without this essential product, owners could be forced to pay out of pocket to settle costly challenges to their ownership rights—or even worse—lose their home. Unfortunately, the Consumer Financial Protection Bureau (CFPB) recently issued a Request for Information (RFI) on mortgage closing costs—including title insurance—that continues a concerning pattern of labeling l

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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.

Brokerage

Inman

JUNE 28, 2024

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks.

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MLS As-is Industrial 197

Housing Wire

JUNE 28, 2024

Despite lacking final court approval — and while facing vocal disapproval from the Department of Justice — MLS Property Information Network has decided to move forward in implementing some of the changes outlined in its settlement agreement for the Nosalek commission lawsuit. In an email sent to MLS PIN customers on June 20 and obtained by HousingWire , the MLS states that, effective immediately, listing brokers and agents are able to submit listings to its platform without offering any cooperat

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MLS Agents Design As-is 382

Inman

JUNE 28, 2024

The Federal Reserve's preferred inflation gauge fell to 2.56 percent in May, getting closer to the Fed's 2 percent target for the 2nd month in a row. Core inflation reading is lowest since March 2021.

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Mortgages Agents Marketing 182

Housing Wire

JUNE 28, 2024

The mortgage origination industry has long made use of an operational strategy that relies on “staffing up” during cycles of high volume and then making staff reductions, sometimes en masse, when origination volume declines. While this was once a necessary business strategy, the technology now exists to implement a much more efficient approach. In order to achieve this, lenders need to take a thoughtful approach to the implementation of technology, and the very highest decision makers need to pu

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Lending Mortgages Technology Loans 379

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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.

Agents

Inman

JUNE 28, 2024

The home's current owners, heiress Brinah Milstein and reality TV producer Roy Bank, had hoped to demolish the home and said that instead of selling, they will continue their legal fight against the city of LA.

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Banks 177

Housing Wire

JUNE 28, 2024

San Jose -based EquiFi Corp. , a provider of shared equity financing products, announced Thursday that it hired Paul Giangrande as a corporate executive vice president and president of its mortgage division. Giangrande previously served as president of AmeriCash Mortgage and has more than 30 years of experience in the financial services and mortgage arenas.

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Equity Purchase and sale agreement Mortgages Finance 373

Real Estate News

JUNE 28, 2024

Two cases involving REBNY as well as the Nosalek case are now on hold, but a Pennsylvania case will move forward — and so will MLS PIN.

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MLS 163

Housing Wire

JUNE 28, 2024

HousingWire CEO Clayton Collins sat down with Rick Roque, executive vice president of retail growth and strategy at Sierra Pacific Mortgage and Andrew Maas, co-founder and CEO of Pointable , to talk about AI on his PowerHouse podcast. Roque and Maas will be speaking at HousingWire’s AI Summit on July 23. This conversation has been edited for length and clarity, but you can listen to the whole thing here.

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Technology Mortgages As-is Commercial 371

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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.

Agents

Inman

JUNE 28, 2024

The Netflix series focuses on Serhant's agents and lifts the stakes on real estate-focused reality TV thanks to high production values and sophisticated plotting, reporter Lillian Dickerson writes.

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Agents Brokerage 175

Housing Wire

JUNE 28, 2024

With housing markets across the country dealing with a lack of inventory and rapidly rising prices, working-age adults who let their parents live with them is an increasingly common situation. It’s intended to limit the total amount of expenses for one of the involved parties. The impact on a working-age adult’s ability to buy a home or pay a mortgage varies.

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Equity As-is Mortgages Marketing 370

Inman

JUNE 28, 2024

TJ Lewis Real Estate is based in Austin, Keller Williams' home turf, and has done $27.9 million in volume this year so far.

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Agents Brokerage Industrial 193

Housing Wire

JUNE 28, 2024

Real estate investors in nine states just gained a new option for finding homes and agents. Easy Street Offers announced Friday that it’s expanding its operations to include states with increasingly hot housing markets — and geographically, these are all over the country. The states added are Utah, Pennsylvania , Oklahoma , Missouri , Kansas, Indiana, Florida, Georgia and Colorado.

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Investor Agents Marketing As-is 369

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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.

Sales

Inman

JUNE 28, 2024

The merger brings on Katy Thielke Straser's seven-person team and allows Jones Fridman International to expand its market area into Northern California. The team now represents about $25 billion in career sales.

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Sales Marketing Agents 170

Housing Wire

JUNE 28, 2024

The remaining brokerage defendants in the Batton 2 homebuyer commission lawsuit filed a joint motion to dismiss the suit last week. This is the second time the remaining defendants have looked to get the case dismissed. In the motion filed by Compass , eXp World Holdings , Redfin , Weichert Realtors and United Real Estate , the defendants claim that the homebuyer plaintiffs are simply trying “to parrot the allegations they made in an amended complaint,” filed in the Batton 1 commission laws

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Brokerage Agents As-is 342

Inman

JUNE 28, 2024

Mindfulness is a powerful and practical skill that can enhance your edge, efficiency and performance in both personal and professional realms, broker and coach Aaron Hendon writes.

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Agents 162

Seattle Times Real Estate

JUNE 28, 2024

New data puts the sharp home-price surge into perspective. Take a region-by-region look at how incomes stack up against home prices, and what it takes to afford a one-bedroom apartment.

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Brokerage

Inman

JUNE 28, 2024

The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent.

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Bigger Pockets

JUNE 28, 2024

HomeRise, a nonprofit housing developer that has received more than $200 million in grants and loans from the city of San Francisco, declares on its website

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Development Loans 129

Inman

JUNE 28, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

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Brokerage Agents 170

HomeLight

JUNE 28, 2024

There are times when the universe splits the path of your life. For homeowners, a new road may require selling your house fast. If you’re rerouting because of a sudden job change, health issue, financial hardship, divorce, or a death in the family, you may be considering a swift cash sale to an ‘ibuy houses’ company. While a house-buying company can be fast and convenient, is it the right choice for you?

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Equity Investor Renovation Sales 115

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