Housing Wire
FEBRUARY 11, 2025
Our economy faces many challenges persistent high mortgage interest rates , a declining rate of existing home sales, elevated costs for basic goods and services, labor market imbalances, and rising health care costs to name just a few. As a new Administration takes over, dozens of policy prescriptions are being discussed that aim to unshackle the greatest economy in the world.
Keeping Current Matters
FEBRUARY 11, 2025
This could be the year to sell your house – and here’s why.
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Housing Wire
FEBRUARY 11, 2025
High interest rates and home prices are causing some prospective homebuyers to avoid applying for a mortgage. But despite this trend, some buyers are willing to adjust their loan term expectations to achieve homeownership, according to a recent report by real estate technology company REsimpli. REsimpli questioned 1,200 respondents who had plans to buy or upgrade a home this year.
Real Estate News
FEBRUARY 11, 2025
The home search giant beat revenue expectations in Q4 as it continued to make big strides in mortgages and rentals, and announced a new partnership with Redfin.
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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.
Housing Wire
FEBRUARY 11, 2025
The Supreme Court of Hawaii this week decided that insurance companies seeking to file their own suits against those deemed responsible for 2023s devastating wildfires on the island of Maui cannot proceed, paving the way for a $4 billion settlement to continue, according to reporting from the Associated Press (AP). The wildfires destroyed roughly 80% of the historic town of Lahaina, a cultural showcase and tourist mainstay for the booming Hawaiian tourism industry.
Real Estate News
FEBRUARY 11, 2025
Several smaller brokerages and two MLSs named in the Keel and Gibson cases are scheduled for a final hearing on June 24.
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Inman
FEBRUARY 11, 2025
Amid sweeping commission changes and the push for greater transparency in real estate, rules around referral fees remain elusive, compliance expert Summer Goralik writes for Inman.
Housing Wire
FEBRUARY 11, 2025
After teaming up in 2022 to bring fully digital verification of income and employment (VOIE), Argyle and nCino announced enhancements to its integration. The initial digital integration involved reports, pay stubs and W-2s to the more than 370 mortgage companies and 52,000 loan officers that rely on nCino to manage the loan application process. The latest enhancements to the integration, however, “improve application pull-through and loan quality by allowing lenders to embed VOIE directly
Inman
FEBRUARY 11, 2025
The independent, Ohio-based brokerage will pay $895,000 to settle a lawsuit known as Keel after its lead plaintiff, bringing the total settlement fund for plaintiffs in the case to $11.5 million.
Housing Wire
FEBRUARY 11, 2025
Rental listings have been a consistent high-growth revenue stream for Zillow since the onset of the COVID-19 pandemic in 2020. And the company has struck a deal that it believes can push that growth even higher. On its fourth-quarter 2024 earnings call on Tuesday evening, Zillow announced a partnership with fellow Seattle-headquartered firm Redfin that will make Zillow the exclusive provider of multifamily listings on Redfin, Rent.com and ApartmentGuide.com.
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.
Inman
FEBRUARY 11, 2025
Generating consistent business requires an understanding of both short-term success and long-term strategies, coach Ricky Carruth writes.
Housing Wire
FEBRUARY 11, 2025
When I attended a national real estate conference last month, the Clear Cooperation Policy the provision requiring listings to be published on the MLS within 24 hours of marketing a property predictably surfaced as a hot-button issue. At one point, a poll asked the hundreds in the audience: What are your thoughts on Clear Cooperation? 1) Support it, 2) Eliminate it, 3) I dont understand it, or 4) I have no opinion.
Real Estate News
FEBRUARY 11, 2025
While some association policies address DOM, its up to local MLSs and brokers to define and track the data or decide if they want to collect it at all.
Housing Wire
FEBRUARY 11, 2025
The Oregon state senates Committee on Housing Development held a hearing last week on a piece of proposed legislation that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property. Industry representatives contend that if enacted, the bill could potentially halt the availability of proprietary product offerings in the state.
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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
FEBRUARY 11, 2025
Zillow's Q4 revenues rose 17 percent annually to $544 million while its rental segment generated $116 million, according to an earnings release Tuesday that included news of a rental partnership with Redfin.
Housing Wire
FEBRUARY 11, 2025
Mortgage credit availability ramped up in January, according to a report released Tuesday by the Mortgage Bankers Association (MBA) that analyzed data from ICE Mortgage Technology. The MBA’s Mortgage Credit Availability Index (MCAI) increased by 250 basis points (bps) on a monthly basis to 99.0 in January 2025. By comparison, the index rating was 92.7 in January 2024.
Inman
FEBRUARY 11, 2025
The Innovation, Opportunity & Investment (iOi) Summit will "evolve" to provide year-round education, while signature events will move to other NAR conferences.
Housing Wire
FEBRUARY 11, 2025
Midwest-based independent brokerage Sibcy Cline is the latest firm to settle the commission lawsuits. On Friday, the plaintiffs in the Keel suit filed a motion for preliminary approval of a settlement reached with Sibcy Cline. This filing came just one day after the plaintiffs filed an amended complaint adding Sibcy Cline as a defendant. Despite being named after lead plaintiff Jeremy Keel, the list of plaintiffs includes many names the real estate industry is familiar with, such as Rhonda Burne
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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
FEBRUARY 11, 2025
When real estate agents tackle objections head-on with education, they position buyers to make better decisions and themselves as trusted advisors, coach Darryl Davis writes.
Housing Wire
FEBRUARY 11, 2025
Despite bolstering its construction activities and the availability of single-family homes , the state of Florida continues to endure shortages in its affordable housing stock that impact the workforce and retirees living on fixed incomes. This is according to a 2024 annual report from the University of Floridas Shimberg Center for Housing Studies, which examines recent trends in housing production, home prices and rents, and the affordable housing inventory.
HomeLight
FEBRUARY 11, 2025
Youve done your research, crunched your numbers, and laid out what youre looking for in a home. Its all led you straight to condo living, and you cant wait for the maintenance-free lifestyle and simple conveniences that come along with it. The only problem: Youve heard one too many horror stories about controlling homeowner associations and excessive monthly fees.
Housing Wire
FEBRUARY 11, 2025
Families are becoming more strategic when choosing a city to live in. And some cities are better equipped to promote the concept of family homeownership. Online marketplace LendingTree released a study this week that identified the best major metropolitan areas for families in 2025. The study utilized data from the U.S. Census Bureau ‘s 2023 American Community Survey and evaluated each metro using several metrics, including median family income, the share of children living in owner-occupi
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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.
RIS Media
FEBRUARY 11, 2025
Taking center stage, inflation, bank regulations, the housing crisis and the Consumer Financial Protection Bureau (CFPB) were key topics as Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs. During Tuesdays Semiannual Monetary Policy Report to Congress, Powell reemphasized the Feds position in not lowering rates.
Housing Wire
FEBRUARY 11, 2025
Informative Research , a technology provider that delivers data-driven credit and verification solutions to the mortgage lending community, on Tuesday announced its integration with Thomas & Company , which provides support for employee relations programs. As part of the integration, Thomas & Companys wage and employment verification service will be added to the Informative Research verification platform, allowing clients access to tens of millions of records necessary for verification o
RIS Media
FEBRUARY 11, 2025
Floridas Stellar MLS has announced the launch of its new Stellar Central Dashboard, which includes more efficient and user-friendly business solutions in one workspace with upgraded security enhancements. Stellar MLS has partnered with Centris to launch the platform, the company noted. The new dashboard enhancements include: View listings on customers dashboards: Stellar Centrals dashboard update… The post Stellar MLS Partners With Centris to Launch Enhanced Central Dashboard appeared firs
Inman
FEBRUARY 11, 2025
The 40-acre estate with multiple structures hit the market last April for $36 million, and the price has been knocked down to $29.95 million as of Feb. 7. Will buyers bite?
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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.
RIS Media
FEBRUARY 11, 2025
Perhaps never before have two initials together captivated the masses like A and I have. Artificial Intelligence has become so buzzworthy as to simultaneously amaze and alarm, with working people on one hand thirsting to utilize its extraordinary powers while on the other worrying whether their job skills might soon be rendered obsolete. Its fully… The post What Can AI Do for You?
Inman
FEBRUARY 11, 2025
Former Google CEO Eric Schmidt has found a buyer for his Manhattan penthouse, which listed for $39.5 million in December. It was the priciest home under contract last week among 29 NYC properties.
RIS Media
FEBRUARY 11, 2025
Theres still time to participate in RISMedias 37th Annual Power Broker Surveythe residential real estate industrys preeminent report identifying and ranking the nations top brokerages based on sales-dollar volume and transaction sides. The deadline to complete the survey is Monday, Feb. 17. Click here to participate! Participating in the survey provides real estate brokerages with… The post Time Running Out to Complete in RISMedia’s 2025 Power Broker Survey appeared first on RISMedia
BAM Media
FEBRUARY 11, 2025
Century 21 just held its Top Agent Retreat in Anaheim, California, where things quickly went off the rails as the brokerage discussed its future. What began with a social media panel turned into a full-blown existential crisis. Lyle Newman, a 68-year-old top agent, stood up and interrupted a speaker who was urging her colleagues to get on Facebook video.
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