Thu.Mar 13, 2025

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Compass in negotiations to buy HomeServices of America

Housing Wire

Compass is in advanced talks to acquire HomeServices of America , the real estate wing of Warren Buffett-owned conglomerate Berkshire Hathaway. The news was reported Thursday afternoon by The Wall Street Journal. The outlet cited unnamed sources and said that a deal could come together soon, if talks dont hit any last-minute snags. The deal involves two of the nations top-four brokerages by sales volume in 2024, according to data from RealTrends Verified.

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Compass reportedly near a deal to acquire HomeServices

Real Estate News

The brokerage giant "is in advanced talks" to buy HomeServices of America, the real estate arm of Warren Buffet's empire, the Wall Street Journal reports.

Brokerage 317
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RealScout opens exclusive listings platform to all brokerages

Housing Wire

San Francisco-based real estate technology firm RealScout on Thursday announced that its making its RealScout Exclusives platform available to all brokerages. The platform is designed to help agents and clients effectively manage and distribute their exclusive listings. RealScout said that the nationwide launch of the platform follows years of successfully powering exclusive listing strategies for leading brokerages.

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The Insider: Architect Melds Two Units to Create Expansive Loft for Dumbo Family

Brownstoner

Got a project to propose forThe Insider?Contact Cara at caramia447 [at] gmail [dot] com A reimagined home for a family of five began when an opportunity presented itself to buy a sizable one-bedroom unit adjacent to the loft they'd been living in. The ensuing reno entailed upgrading their original corner space… Read More > The post The Insider: Architect Melds Two Units to Create Expansive Loft for Dumbo Family appeared first on Brownstoner.

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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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Mortgage demand for new homes is down 6.9% in the past year

Housing Wire

Mortgage applications for new-home purchases fell 6.9% year over year in February, according to data from the Mortgage Bankers Association (MBA)’s Builder Application Survey that was released Thursday. Applications edged up 0.3% from January without taking seasonal adjustments into account. New home purchase activity strengthened in February, in line with seasonal patterns, as higher housing inventory and declining rates supported growth, Joel Kan, MBAs vice president and deputy chief econ

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HomeServices of America is not for sale, CEO says

Real Estate News

Gino Blefari denied a Wall Street Journal report of acquisition talks with Compass, saying there are no discussions, negotiations or agreements taking place.

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More Trending

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What a View! 15 Tips for Selling Your Lovely Waterfront Property

HomeLight

As the proud owner of waterfront property, make no mistake: youre the envy of Americans everywhere. Water-adjacent locations are often considered prime real estate, attracting attention due to their beauty and limited availability. This desirability often helps sell a house quickly, as many buyers are eager to secure a property in these sought-after areas.

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Reducing risk: Protecting your sensitive information with email encryption

Housing Wire

In todays digital age, email remains a critical tool for communication. However, it also presents a significant vulnerability, with cybercriminals continuously seeking opportunities to intercept and exploit sensitive information. This installment of our Reducing Risk series delves into how email encryption can serve as a robust safeguard against unauthorized access, enhancing data security and maintaining compliance with industry regulations.

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Is the Housing Market Starting To Balance Out?

Keeping Current Matters

For years, sellers have had the upper hand in the housing market.

Marketing 219
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Home equity buffer remains strong, but underwater homes rise 9%

Housing Wire

Home equity increased nationally by $281.9 billion in the fourth quarter of 2024, an increase of 1.7% year over year, according to the latest CoreLogic Homeowner Equity Report (HER), released Thursday. But the report also noted rising negative equity in some sunbelt states, along with Oregon and Washington, D.C. The report shows that U.S. homeowners with mortgages roughly 61% of all properties saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, about $2,000 shy of the gain of

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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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Teams Spotlight: Harrison Polsky, Polsky Porpino Team

Inman

Find out how Polsky and his team leverage his years of experience in luxury real estate and development to create optimal outcomes for team members and clients alike.

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Cenlar FSB hires Andrew Pohlmann to lead business development efforts

Housing Wire

Nationwide mortgage loan servicer Cenlar FSB announced today that Andrew Pohlmann has joined the organization as senior vice president of business development. Pohlmann, who brings 30 years of experience to Cenlar, formerly served as Rate’s chief marketing officer. He confirmed the new role in a post on LinkedIn. We are thrilled to welcome Andrew to the team.

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Your phone knows you better than your bestie (and it’s selling you out)

Inman

Mobile phones inherently carry privacy and security risks due to their constant connectivity and the vast amount of personal data they hold. Safety expert Robert Siciliano shares strategies to protect yourself.

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Pre-retirement anxiety is rising, but current retirees are optimistic

Housing Wire

Generally speaking, retirement sentiment among those currently in the planning stage is high. Two-thirds of pre-retirees express confidence in their plans as it stands, but the metric took a notable dip of 7 percentage points when compared to 2024, according to new survey results from Fidelity Investments. The source of the decline is likely not surprising for after the economic data of the past few years.

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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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Real Announces Sharran Srivatsaa Will Join Board of Directors

RIS Media

The Real Brokerage Inc. has announced that Sharran Srivatsaa will transition from his role as president of Real to join the companys board of directors, subject to corporate approvals, effective June 1, 2025. Sharrans leadership, vision and deep commitment to Reals mission have been instrumental in shaping the companys culture and growth trajectory, said Tamir… The post Real Announces Sharran Srivatsaa Will Join Board of Directors appeared first on RISMedia.

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Southern construction boom is aiding housing affordability

Housing Wire

As the 2025 spring homebuying season begins, the national housing market continues to struggle with supply shortages. But increased activity in residential construction , particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First American Financial Corp. Housing supply has surged in the South, with more than half of the 1.5 million building permits issued in 2024 concentrated in the region, according to U.S.

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William Raveis Settles Commission Lawsuits After Arbitration Denied

RIS Media

William Raveis Real Estate, one of the last large independent brokerages to continue the fight against commission class-action lawsuits, struck a settlement deal yesterday, weeks after a judge denied the companys request to enforce listing arbitration clauses. Details of the agreement were not immediately available. The deal is still subject to court approval.

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Vice Capital Markets is first to integrate Fannie Mae’s new loan pricing API

Housing Wire

Vice Capital Markets , a mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Thursday that it is the first to integrate Fannie Mae s new loan pricing application programming interface (API) into its trading portal. The API simplifies the loan pricing and commitment process by consolidating multiple pricing APIs into one.

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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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Compass in Talks to Acquire Warren Buffett’s HomeServices of America

BAM Media

The real estate industrys M&A spree isnt slowing down. Compass is reportedly in advanced talks to acquire HomeServices of America, Warren Buffetts real estate brokerage business, according to the Wall Street Journal. If the deal goes through, it would be the latest in a string of major shake-ups in the industry. Advanced Talks for a Major Real Estate Acquisition While the exact terms of the deal remain undisclosed, the potential acquisition would combine two major players in the industry.

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Supreme Lending looks to expand along the West Coast

Housing Wire

Mortgage industry veterans Eli Fairfield and Brian Keranen have joined Everett Financial (dba Supreme Lending ) as regional directors for the Pacific Southwest, the company announced. Fairfield and Keranen bring decades of experience in mortgage lending, as loan originators and managers in California. In recent years, they have focused on mentoring loan officers and tailoring their support to match different career stages.

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Maintenance repairs landlords are (and aren’t) responsible for

Inman

Regular property inspections, transparent policies, and a willingness to address concerns create a foundation of trust between landlords and renters, Ryan Barone writes.

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Judge rules that Crye-Leike isn’t covered by the NAR settlement

Housing Wire

A Missouri judge ruled this week that Crye-Leike Real Estate Services will not be covered by the commission lawsuit settlement agreed to by the National Association of Realtors (NAR), rejecting the brokerages argument that it is six independent companies and not one. The $418 million settlement offers brokerages that closed less than $2 billion in 2022 protection against future litigation related to blanket offers of compensation to buyer agents on NAR-affiliated multiple listing services (MLSs)

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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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Daily Links: Developer Could Lose Troubled DoBro Luxury Rental Building

Brownstoner

In the News Jury Hears of Plot to Kill Iranian Dissident in Brooklyn [NYT] Man Fatally Shot in Head at Burg Auto Shop: Cops [NYP] In Red Hook, Justice Dispensed With Joy, Support [amNY] New Art Space Opens on Nassau Avenue [Greenpointers] NYPD Officer Shoots Person in Brooklyn, Police Say [Gothamist] Where NYC's Zoning Reform Will… Read More > The post Daily Links: Developer Could Lose Troubled DoBro Luxury Rental Building appeared first on Brownstoner.

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NAR’s Big Ask on Capitol Hill: Could This Be the Break Housing Needs?

BAM Media

BAM Key Details: NAR took to Capitol Hill to push for key housing legislation, including the More Homes on the Market Act, which could double capital gains tax exclusions for homeowners. This weeks Real Word podcast breaks down the impact of these proposals, with Byron Lazine highlighting why this bill has the best shot at boosting housing supply. Other bills up for reconsideration include the Revitalizing Downtowns and Main Streets Act, the Neighborhood Homes Investment Act, and the YIMBY Act.

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Distributive & Integrative Negotiating In Toronto’s Real Estate Market

Toronto Realty Blog

TorontoRealtyBlog Let me start today’s blog post with a rather childish example. For a change… Remember when you were younger and you met a girl who you really liked? You hit it off. You had a great time. You immediately felt some chemistry and you were pretty sure that she felt the same way. You asked her for her phone number and she gave it to you.

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Mortgage Rates Saw a Slight Uptick This Week, but Essentially Remained Flat

RIS Media

The latest Primary Mortgage Market Survey (PMMS) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.65%, up just 2 basis points from last weeks average of 6.63%. Despite volatility in the markets, the 30-year fixed-rate mortgage remained essentially flat from last week, said Sam Khater, Freddie Macs chief economist.

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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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This Reel Doubled My Engagement and Brought Me 4 New Leads

BAM Media

I copied this idea, and you should too. Real estate can be a crazy, emotional journey for families. So, when you get the chance to make the process a little more special, you grab it. My new favorite way to do this is with a Welcome Home photo shoot. Its personal, its memorable, and it works wonders both for my clients and my marketing. Heres what it could do for you.

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New York City Built 33,974 Homes in 2024, Setting a Record

Brownstoner

By Ethan Marshall, QNS Approximately 33,974 new homes were built in new buildings across New York City in 2024, according to a new report from the New York City Department of City Planning. This number, announced by City Planning Director Dan Garodnick and detailed in the report NYC Housing Production Snapshot 2024,… Read More > The post New York City Built 33,974 Homes in 2024, Setting a Record appeared first on Brownstoner.

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The Upper East Side’s “first modern townhouse” is up for grabs

Fancy Pants Homes

A storied Lenox Hill townhouse was recently listed for sale, and it comes with a rich history, architectural pedigree, and a three-unit layout with income-earning potential. Built in 1953, the property at 32 East 74th Street is known as the Raymond C. and Mildred Kramer House, and was designed by notable modernist architect William Lescaze for the merchant Raymond C.

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Redfin CEO offers candid take on Rocket acquisition

Real Estate News

In an interview with the Puget Sound Business Journal, Glenn Kelman said the brokerage would have been stripped for parts if bought by a different company.

Brokerage 149
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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.