Housing Wire

OCTOBER 31, 2024

Over the last decade, real estate transactions have increasingly become a prime target for cybercrime. Far from slowing down, the scams are becoming more prevalent, sophisticated, and difficult to recognize as fraudulent. With October being Cybersecurity Awareness Month, it is important that the real estate industry and consumers speak up and spread the word about how to prevent these real estate cybercrimes.

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Title Industrial Land Banks 476

Keeping Current Matters

OCTOBER 31, 2024

Feeling a bit unsure, or even afraid, to move with everything going on right now?

Agents 259

Agents 259

Housing Wire

OCTOBER 31, 2024

The real estate industry is racing to find ways that artificial intelligence (AI) can improve business practices. ClearValue Consulting thinks it’s found a way. The firm has partnered with Restb.ai to bring computer vision to its valuation review platform called Certainty. The companies hope Restb.ai’s technology can help ClearValue’s appraisal review clients improve efficiency and quality control while also reducing costs.

Technology 458

Technology Inspection Design Industrial 458

Real Estate News

OCTOBER 31, 2024

September’s low rates gave pending sales a boost, but as mortgage rates climb for a fifth straight week, enthusiasm is expected to wane.

Mortgages 234

Mortgages Sales As-is 234

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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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Housing Wire

OCTOBER 31, 2024

It’s been one year since the Sitzer/Burnett verdict was rendered in Missouri. What has changed for real estate brokerages since then? (Image generated by AI in Midjourney) Editor’s note: This is the fourth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country.

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Real Estate News

OCTOBER 31, 2024

The major independent firm announced a pair of deals this week that support its strategy of steady growth across the eastern U.S.

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Real Estate News

OCTOBER 31, 2024

In the “spirit” of Halloween, a new survey finds that many people would settle for a haunted house over one with maintenance issues or political neighbors.

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Housing Wire

OCTOBER 31, 2024

By at least one measurement, affordability is improving for prospective homebuyers, even as home prices continue to rise and mortgage credit availability remains relatively low. According to data released Thursday by the Mortgage Bankers Association (MBA), the median payment for purchase loan applicants declined by 0.8% from August to September. The median payment for these prospective borrowers dropped to $2,041 last month.

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FHA loan Mortgages Loans As-is 447

Real Estate News

OCTOBER 31, 2024

Defendants including Compass, Redfin and seven other large firms can now move on from litigation in the sell-side commissions cases.

Brokerage 198

Brokerage 198

Housing Wire

OCTOBER 31, 2024

Interior property data company CubiCasa announced the launch of an interactive touring product for listing agents. The new CubiCasa Tour product will create interactive, virtual property tours within minutes. The new product uses similar software to CubiCasa’s Floor Plans, another virtual listing tool that builds floor plans in five minutes or less.

Property Management 476

Property Management MLS Agents As-is 476

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

Inman

OCTOBER 31, 2024

Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation.

Brokerage 184

Brokerage Industrial 184

Housing Wire

OCTOBER 31, 2024

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), is one of the owners of Next Door. As part of the deal that closed Oct. 1, NerdWallet is paying $1 million in cash for the outstanding equity interests of Next Door.

Lending 492

Lending Mortgages Loan Officer Principal 492

Inman

OCTOBER 31, 2024

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer's agent commissions have seen little impact.

Agents 184

Agents 184

Housing Wire

OCTOBER 31, 2024

In the halls of the Colorado Convention Center on Monday, it was hard not to overhear mortgage bankers gnashing their teeth over the rumored price hikes for Fair Isaac Corp (FICO) scores. “They’ve got us by the balls,” said one mortgage pro in an interview between sales meetings at Mortgage Bankers Association (MBA) Annual 2024 in Denver. “It’s an abuse of power, a complete monopoly.” “It’s outrageous,” huffed another in an interview as he wa

Industrial 468

Industrial Mortgages Closing costs Lending 468

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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.

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Inman

OCTOBER 31, 2024

Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry.

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Industrial Agents Brokerage 171

Housing Wire

OCTOBER 31, 2024

Much to the relief of some of the nation’s largest brokerage firms, Judge Stephen R. Bough granted final approval on Thursday to eight settlements in the combined Gibson and Umpa commission lawsuits. Bough’s ruling comes on the one-year anniversary of the jury verdict in the Sitzer/Burnett commission lawsuit, in which a Missouri jury found the National Association of Realtors (NAR), HomeServices of America and Keller Williams liable for colluding to artificially inflate agent commissions.

Brokerage 435

Brokerage Industrial Agents As-is 435

Inman

OCTOBER 31, 2024

Consumers will one day visit multiple real estate sites, including Compass.com, to find listings in the same way they now search for content on Netflix and Disney+, the Compass CEO predicted.

MLS 170

MLS Technology Brokerage 170

Housing Wire

OCTOBER 31, 2024

In an ever-changing real estate market, loan originator retention is a key challenge for lenders. Loan officers need faster product rollouts and fewer barriers to focus on core tasks. Leading capital markets platform Optimal Blue helps retain talent with pricing engines and features like generative AI and virtual originator assistants. In a exclusive executive conversation, HousingWire president Diego Sanchez sits down with Erin Wester, Optimal Blue’s vice president of product management, to exp

Loan Officer 447

Loan Officer Technology Loans Lending 447

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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.

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Inman

OCTOBER 31, 2024

Find out how these world travelers bring their shared global perspective to serving a worldwide network of clients and welcoming them home to Spain.

Brokerage 166

Brokerage Marketing 166

Housing Wire

OCTOBER 31, 2024

It has already been a busy week for Howard Hanna Real Estate Services (HHRES) and it is only Thursday. The family-owned brokerage firm announced the completion of two acquisitions on Wednesday. The financial terms of the deals are not being disclosed. While Ohio is already a stronghold for the Pennsylvania -based firm, Howard Hanna strengthened its position in the buckeye state through its recent acquisition of Dayton-based Big Hill Realty.

Brokerage 433

Brokerage Agents Closing Sales 433

Inman

OCTOBER 31, 2024

A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year.

Agents 162

Agents Brokerage Marketing 162

Housing Wire

OCTOBER 31, 2024

Real estate agent commissions have held steady since August, but there’s a divergence at different price points. That’s the conclusion of new data from Redfin , which shows that the average commission between August and October dropped by 1 basis point to 2.34%. The data is derived from sales by Redfin agents who have closed a transaction in October or are scheduled to by the end of the month.

Agents 375

Agents Brokerage As-is Industrial 375

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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

OCTOBER 31, 2024

Find out how this luxury leader puts her background in finance to work for her team and her clients and where she sees Manhattan's market headed next.

Finance 160

Finance Marketing 160

Housing Wire

OCTOBER 31, 2024

The Federal Housing Finance Agency (FHFA) on Thursday said it will aim to simplify the process of funding affordable housing projects through the Federal Home Loan Banks (FHLBanks). The advisory bulletin came in response to comments by sponsors that have called the process too cumbersome. “Each of the 11 FHLBanks operates an Affordable Housing Program (AHP) providing grants or subsidized advances to fund rental housing and homeownership opportunities for low- and moderate-income households,” the

Finance 344

Finance Banks Staging Loans 344

Inman

OCTOBER 31, 2024

Mortgage rates inch up as an expected decline in key inflation gauge does little to change expectations for rate cuts among investors who fund most home loans.

Investor 158

Investor Loans Mortgages Marketing 158

Housing Wire

OCTOBER 31, 2024

Ginnie Mae acting president Sam Valverde has been operating in his current position at the government-owned company for much of 2024. He is overseeing the sizable government portfolio of mortgage-backed securities (MBS) while navigating the company’s stated need for more budgetary resources. But he has also stepped into his role following an effective working relationship with his predecessor and the last Senate-confirmed Ginnie Mae president, Alanna McCargo.

Principal 448

Principal Finance Mortgages Industrial 448

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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.

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Inman

OCTOBER 31, 2024

Coach Melanie Klein looks at the way this California brokerage conducts its team meetings and the differentiators you can add to your own agenda.

Brokerage 157

Brokerage Technology Marketing Agents 157

Lighter Side of Real Estate

OCTOBER 31, 2024

According to a recent CNBC article , 33% of homeowners are willing to hire a “questionable” contractor in order to save money, defining it as “someone who isn’t exactly honest with the price, may be overestimating their skills, doesn’t do high quality work, or simply doesn’t show up for the project.” As you can imagine, doing so comes with the risk of “getting what you pay for” in the form of shoddy work… if the project gets done at all.

Agents 113

Agents As-is Marketing 113

Inman

OCTOBER 31, 2024

Power couple calling it quits after 13 years and 11 seasons on the hit reality real estate show. "We were babies when we started the show," Josh Altman told "People.

Industrial 153

Industrial Agents 153

RIS Media

OCTOBER 31, 2024

Recent changes that went into effect following the National Association of REALTORS®’ (NAR) proposed settlement* have impacted how agents work with buyers. While some things have changed, many core principles of buyer representation haven’t. What’s changed: Mandatory written buyer agreements. One of the most significant changes is the requirement for written buyer agreements to be… The post Buyer Representation: What’s Changed, and What Hasn’t appeared first on RISMedia.

Agents 116

Agents Industrial 116

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