Housing Wire
OCTOBER 11, 2024
CoreLogic’s risk index rose 8.3% in the past year, driven by more cases of identity and transaction fraud New data shows that cases of fraud among mortgage applicants is on the rise — an eye-raising trend as demand from borrowers remains relatively quiet. The CoreLogic Mortgage Application Fraud Risk Index jumped by 8.3% year over year in the second quarter of 2024.
Real Estate News
OCTOBER 11, 2024
A decision by Park City Realtors could signal a shift in local associations’ willingness to abide by NAR policies, and comes as the CCP debate intensifies.
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Housing Wire
OCTOBER 11, 2024
SERHANT. has added a high-performing team to its presence in Charleston, South Carolina. Key Avenue Group is leaving Keller Williams for SERHANT., bringing a team with more than $300 million in career sales. Key Avenue is led by Christopher Smith and Patrick Ryan. SERHANT. first entered South Carolina in 2023. “We chose SERHANT. because we feel the real estate industry is in need of change,” Smith said in a statement.
Real Estate News
OCTOBER 11, 2024
A recent survey found that many agents are not satisfied with local association services and find MLSs less relevant in light of new industry rules.
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.
Housing Wire
OCTOBER 11, 2024
Brokerages are scrambling to adapt to the post-settlement landscape of real estate, and more of them are turning to the same method for growing their headcount — acquiring new teams. The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on their income statements. But a new survey reveals diversity in the ways that teams are structured and how they produce different outcomes.
Real Estate News
OCTOBER 11, 2024
Zillow acquires virtual staging app; CubiCasa now turning floor plans into virtual tours; new CoreLogic platform integrates data; Propy and Inspectify team up.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
OCTOBER 11, 2024
Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
Housing Wire
OCTOBER 11, 2024
The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to move beyond just voicing an opinion. In an email sent to members on Oct. 3, Utah-based Park City Board of Realtors (PCBR) announced that it would no longer be enforcing the clear cooperation rule, as first reported by Inman News.
Real Estate News
OCTOBER 11, 2024
Defendants seek dismissals in the Missouri case; leading Utah MLS dropped from lawsuit involving flat-fee brokerage; eXp files settlement.
Housing Wire
OCTOBER 11, 2024
The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black and Hispanic populations. This is the DOJ’s first redlining settlement involving a credit union. The sector includes 4,600 financial institutions across America, which are subject to federal laws, including those pertaining to redlining and other forms of discrimination.
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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.
Inman
OCTOBER 11, 2024
The Park City Board of Realtors informed the National Association of Realtors it would no longer require agents to comply with the pocket listing rule due to fear of litigation.
Housing Wire
OCTOBER 11, 2024
Mortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last? JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve ’s 50-basis-point rate cut in September on their mortgage businesses. On Friday, both banks reported an uptick in home lending during the third quarter of 2024 compared to the previous quarter.
Inman
OCTOBER 11, 2024
While repping their former marital home, Alyssa Morgan presented her ex, John Jansheski, with a $70 million offer, which he declined. Several months later, he accepted a $57 million offer from the same buyer after he had assigned a new listing agent.
Housing Wire
OCTOBER 11, 2024
As those on a fixed income continue to wrestle with rising property taxes , the mayor of South Portland, Maine , recently recommended that area seniors explore reverse mortgages as a potential option to add financial flexibility. After enduring backlash, Mayor Misha Pride has walked back his comments. “Contemplating the recent rise in property values, I suggested some seniors might consider a reverse mortgage,” Pride wrote in a letter to t he editor of the Portland Press Herald on Thursday.
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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.
Inman
OCTOBER 11, 2024
Led by broker-owner Daniel Aubry, Daniel Aubry Realty comprises a team of six agents who bring a wealth of experience in both commercial and residential real estate, backed by Aubry’s extensive background in the industry.
Housing Wire
OCTOBER 11, 2024
Coldwell Banker Realty is welcoming even more agents to the firm. On Friday, the Anywhere firm announced the affiliation of Beacon, NY-based Daniel Aubry Realty. The affiliation marks the opening of the first Coldwell Banker Realty office in Dutchess County, New York. The firm was founded in 2009 by broker-owner Daniel Aubry. He and six real estate sales professionals, including associate broker Ron Donofrio, Julian Park, Veshtrim Osmani, Danielle Velez, Matan Broshi and James Murphy are making
Inman
OCTOBER 11, 2024
Connecticut has entered into a consent decree revoking the fintech mortgage lender's license, and LoanSnap has been put on notice by California regulators that they intend to do the same.
HomeLight
OCTOBER 11, 2024
We all know someone who’s amazing at finding the best deals around. They don’t have to wait until Black Friday to score a cheap television, and they shop at thrift stores but always look like a million bucks. Is there a way to do that with real estate, where finding a cheap home can save you thousands of dollars in interest and fees? A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right pr
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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.
Inman
OCTOBER 11, 2024
Rick Guerrero and social media star Jenny Lynn Tran discuss how you can use content to add value, educate, and connect with clients and colleagues.
RIS Media
OCTOBER 11, 2024
Above, from left, Shane McCullar, CEO and Operating Principal of KW Metro Center and Kate Papkin, general manager. Shane McCullar is on a mission. As CEO and operating principal of KW Metro Center in Northern Virginia for nearly two decades, McCullar has grown his brokerage from 35 agents in one office in 2007 to over… The post Carving Out New Paths to Growth appeared first on RISMedia.
Inman
OCTOBER 11, 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.
Seattle Times Real Estate
OCTOBER 11, 2024
When Seattle tenants have questions about their rights, they can call on a number of hotlines and aid groups. Now, those services face budget cuts.
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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.
Inman
OCTOBER 11, 2024
Industry analyst Mike DelPrete writes that manipulating the display of data has the potential to mislead individual retail investors, eroding long-term trust.
RIS Media
OCTOBER 11, 2024
While a plurality of homebuyers believes that it still isn’t the right time to pull the trigger on homebuying, new data from Fannie Mae shows increasingly positive attitudes towards purchasing a home, primarily due to the recent declines in mortgage rates. The latest Home Purchase Sentiment Index (HPSI) report from Fannie Mae shows purchase sentiment… The post Buyer Sentiment Hits 2-Year High, but Affordability Remains a Barrier appeared first on RISMedia.
Inman
OCTOBER 11, 2024
Anywhere Brands President and CEO Sue Yannaccone offers a measured, thoughtful assessment of the Clear Cooperation Policy debate.
Bigger Pockets
OCTOBER 11, 2024
Real estate investing is one of the best vehicles for building wealth, reaching financial independence, and saving for retirement, but you don’t need to become a full-time investor to reap […]
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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.
Inman
OCTOBER 11, 2024
Citadel Federal Credit Union "respectfully disagrees" with allegations, agrees to invest $6.5 million and open three new branches in predominantly Black and Hispanic neighborhoods in Philadelphia.
RIS Media
OCTOBER 11, 2024
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This monthly change comes in below expectations; median… The post Consumer Sentiment Shifts From Gains to Slight Decline appeared first on RISMedia.
BubbleInfo
OCTOBER 11, 2024
Robert the big boss was in town yesterday. He is committed to changing or ending the Clear Cooperation Policy, which is a controversial stance. The CCP makes in mandatory that every agent upload a listing onto the MLS within one business day after any public marketing of the property. Robert (and other brokerage leaders) say […] The post Robert In Town first appeared on bubbleinfo.com.
RIS Media
OCTOBER 11, 2024
Recent changes in the real estate industry have introduced new ways of doing business for brokers and agents. These changes demand strong leadership, transparency and adaptability to navigate the evolving landscape successfully. A fundamental change in the new NAR rules requires buyers to have a written agreement with a broker or agent to be able… The post Navigating the New NAR Rules: Best Practices for Helping Consumers appeared first on RISMedia.
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.
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