Fri.Oct 11, 2024

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SERHANT. expands in South Carolina with addition of Charleston team

Housing Wire

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.

Brokerage 435
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I’m Ready to Buy a House, But Can’t Afford Much: How Do I Find Cheap Houses?

HomeLight

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

MLS 111
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Real estate teams get most deals from their ‘sphere of influence’

Housing Wire

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.

Brokerage 448
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What is the value of MLSs and associations post-settlement?

Real Estate News

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.

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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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Home sales are tepid, but mortgage fraud is becoming more common

Housing Wire

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.

Mortgages 516

More Trending

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Utah-based Realtor association no longer enforcing NAR’s Clear Cooperation

Housing Wire

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.

MLS 448
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Local association pauses Clear Cooperation — will others follow?

Real Estate News

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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Citadel agrees to pay $6.5M to settle DOJ’s redlining claims

Housing Wire

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.

Lending 435
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Tech Bytes: AI powers new tools from Zillow, CubiCasa, CoreLogic

Real Estate News

Zillow acquires virtual staging app; CubiCasa now turning floor plans into virtual tours; new CoreLogic platform integrates data; Propy and Inspectify team up.

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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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Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Housing Wire

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.

Mortgages 434
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Courts this week: Motions filed in Gibson, Homie; eXp update

Real Estate News

Defendants seek dismissals in the Missouri case; leading Utah MLS dropped from lawsuit involving flat-fee brokerage; eXp files settlement.

MLS 261
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Mayor who recommended reverse mortgages calls comments ‘regrettable’

Housing Wire

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.

Mortgages 434
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Navigating the New NAR Rules: Best Practices for Helping Consumers

RIS Media

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.

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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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Coldwell Banker Realty establishes a presence in Dutchess County

Housing Wire

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

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LoanSnap’s business dried up. Now regulators are after its licenses

Inman

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.

Mortgages 184
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San Francisco vs NYC: Which City is Right for You? A Comparison of Real Estate, Cost of Living, Culture, and More

Redfin

You might be considering an apartment in New York City or a house in San Francisco , as these two iconic cities share many similarities, from booming tech industries to rich cultural experiences. NYC offers unmatched job opportunities and a dynamic, fast-paced lifestyle, while San Francisco provides a unique mix of tech innovation and picturesque bay views.

Finance 59
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Coldwell Banker expands to Dutchess County with Daniel Aubry

Inman

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.

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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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BiggerNews: “Boomtowns” Are Declining…It’s Time to Take Advantage

Bigger Pockets

Real estate “boomtowns” present a massive opportunity to investors in 2024.

Investor 130
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Podcasts, social media, more: 4 ways to add leverage with content

Inman

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.

Marketing 183
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The Problem With Cash for Retirement Planning—And How Real Estate Solves It

Bigger Pockets

the traditional retirement model just doesn’t work well. To put it bluntly, the math sucks. I can do better—and so can you.

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Yannaccone: Reform, not repeal, is the wise path for Clear Cooperation

Inman

Anywhere Brands President and CEO Sue Yannaccone offers a measured, thoughtful assessment of the Clear Cooperation Policy debate.

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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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4 Ways to Make Passive Income from Real Estate (Don’t Quit Your 9-5!)

Bigger Pockets

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 […]

Investor 129
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Mike DelPrete: Is Pacaso duping retail investors?

Inman

Industry analyst Mike DelPrete writes that manipulating the display of data has the potential to mislead individual retail investors, eroding long-term trust.

Investor 179
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6 Creative Ways to Cover Your Kids’ College Costs with Real Estate

Bigger Pockets

When you start them early enough, your investments can perform shocking feats of strength.

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Clear Cooperation (and eXp settles commission suit): Inman’s Top 5

Inman

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.

Brokerage 178
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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.