Housing Wire

MAY 10, 2024

New York -based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers, the company announced on Thursday. The new service, Roam Boost, will cater to people with credit scores of at least 640 and down payments of at least 15%. Consider, for example, a home that costs $400,000, with an assumable mortgage amount of $280,000.

Mortgages 447

Mortgages VA loan Loans Lending 447

Real Estate News

MAY 10, 2024

Watch the conversation as Bright MLS chief economist Lisa Sturtevant gets into the data-driven truth behind whether agents seek homes with higher commissions.

MLS 199

MLS Agents 199

Housing Wire

MAY 10, 2024

The Real Brokerage welcomes Texas -based independent brokerage The Property Shop , led by Season Ware, the company announced on Friday. The Property Shop joined Real under its Private Label program, which allows independent brokerages to maintain their own brand while reaping the benefits associated with being a part of Real. The acquisition brings 125 additional agents to Real.

Brokerage 418

Brokerage Branding Equity Technology 418

Keeping Current Matters

MAY 10, 2024

If your needs have changed, now’s a great time to sell and get the features you want most.

260

260

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

Housing Wire

MAY 10, 2024

Florida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a move that the National Reverse Mortgage Lenders Association (NRMLA) says could save money on closing costs. The new law, House Bill (HB) 7073 , changes the way the state’s “documentary stamp tax” can be applied to reverse mortgages, among other provisions related to taxation.

Principal 429

Principal Mortgages Closing costs Closing 429

Real Estate News

MAY 10, 2024

The company said despite the hit to its bottom line in Q1, the settlement will reduce uncertainties and let it focus on cost reduction and market expansion.

Marketing 184

Marketing 184

Inman

MAY 10, 2024

The business of selling real estate is evolving at an ever-escalating pace. If you can identify some of the emerging trends and begin to act on those trends, Jimmy Burgess writes, you'll separate yourself from your competition like never before.

Agents 172

Agents Brokerage Marketing 172

Housing Wire

MAY 10, 2024

The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding and magistrate judges, respectively, in a case that the regulator brought in widespread violations in its 2020 submission of Home Mortgage Disclosure Act (HMDA) data. The development was first reported by National Mortgage News. The original case was filed in the U.S.

Mortgages 383

Mortgages Banks Development Loans 383

Inman

MAY 10, 2024

Celebrate excellence in luxury real estate with Inman’s highest honor. Nominations close on May 17, and winners will be celebrated at this summer's Inman Luxury Connect in Las Vegas.

Closing 163

Closing 163

Housing Wire

MAY 10, 2024

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. During the meeting, NAR’s board approved a recommendation from its finance committee to keep annual dues at $156 per person in 2025.

Purchase and sale agreement 380

Purchase and sale agreement Finance Agents Sales 380

Advertisement

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.

Brokerage

Inman

MAY 10, 2024

Proptech journalist Craig Rowe reviews MoxiPresent by MoxiWorks, a CMA builder and presentation marketing solution for the real estate industry.

Industrial 171

Industrial Marketing Technology 171

Housing Wire

MAY 10, 2024

Sam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae , was named as its acting president as of May 6, according to an announcement issued by the organization this week. Sam Valverde Valverde succeeds Alanna McCargo, who began serving as Ginnie Mae president in January 2022 until announcing her resignation in April.

Principal 384

Principal Finance Banks Loans 384

Inman

MAY 10, 2024

The new series will follow Cardone as he evaluates real estate projects and decides whether or not to invest in them.

178

178

Housing Wire

MAY 10, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions. This securitization marked Kiavi’s 17th such transaction and elevated the company’s total issuance to more than $4.3 billion since it launched its securitization program in 201

Closing 365

Closing Principal Investor Residential 365

Advertisement

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.

Agents

Inman

MAY 10, 2024

EXp Realty's new coaching platform, eXp Elevate Coaching, features live and on-demand courses from the brokerage's top agents. The first round of classes starts in June.

Brokerage 152

Brokerage Agents 152

Housing Wire

MAY 10, 2024

Holding company Better Home & Finance hired Chad Smith to be the president and chief operating officer of its mortgage business, it announced on Friday. Kevin Ryan, who previously held the position of president, will continue serving the company as chief financial officer. Before joining Better, industry veteran Smith was the CEO of Mission Loans from December 2020 to May 2024.

Loan Officer 355

Loan Officer Loans Industrial Finance 355

Inman

MAY 10, 2024

During the process of preparing for his first Ironman, ERA President Alex Vidal learned that, whether it's a personal or professional goal, aiming high and executing on a detailed plan of attack can help you achieve it.

Brokerage 145

Brokerage Agents 145

Housing Wire

MAY 10, 2024

The so-called portal wars heated up this week, when Realtor.com CEO Damian Eales made comments about rival CoStar Group’s Homes.com during the MLS Forum at the National Association of Realtors ’ annual legislative meeting. In his remarks, Eales took issue with CoStar’s claims that Homes.com has surpassed Realtor.com as the second most-trafficked home search site, according to Inman , which first reported on Eales’ remarks.

Residential 325

Residential MLS Investor Commercial 325

Advertisement

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

MAY 10, 2024

According to NAHB, multifamily developers are feeling less confident in the market for new builds as high interest rates lead to difficult lending conditions.

Development 152

Development Lending Marketing 152

Bigger Pockets

MAY 10, 2024

The Sunshine State offers the exact combination of factors that make this investment option attractive. Learn if rent-to-own investing is right for you.

Marketing 129

Marketing 129

Inman

MAY 10, 2024

With $3 million in new funding, Roam wants to help buyers "wind back the clock" on mortgage rates in markets nationwide by the end of the year.

Mortgages 147

Mortgages VA loan Marketing FHA loan 147

Calculated Risk Real Estate

MAY 10, 2024

This 2-part overview for mid-May provides a snapshot of the current housing market. I always like to start with inventory , since inventory usually tells the tale! And currently inventory is increasing year-over-year but is still well below pre-pandemic levels. New Listings for Existing Homes Up Year-over-year in March Here is a graph of new listing from Realtor.com’s April 2024 Monthly Housing Market Trends Report showing new listings were up 12.2% year-over-year in April.

Marketing 117

Marketing Mortgages As-is Sales 117

Advertisement

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.

Sales

Inman

MAY 10, 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.

Brokerage 151

Brokerage Agents 151

NAR: Economic Outlook

MAY 10, 2024

Q1 Single-family Home Prices Up in 92.3% of Metro Areas In Q1 2024, national median home prices rose 5.0% year over year to $389,400, with 28.5% of metro areas seeing double-digit price increases.

114

114

Inman

MAY 10, 2024

Keller Williams hosted its latest RED Day, which challenges its 176,000 agents to give back to their communities. This year's day yielded "thousands" of projects.

Agents 124

Agents Brokerage 124

RIS Media

MAY 10, 2024

A pocket listing startup suing the National Association of REALTORS® (NAR) is seeking to push forward with its claims that the Clear Cooperation policy violates antitrust laws, asserting that its business model addresses a “superfluity of ineffective agents” in a case with potential impacts beyond the NAR settlement. In a 17-page filing in a California… The post Pocket Listing Lawsuit Renews Attack on ‘Clear Cooperation,’ Ineffective Agents appeared first on RISMedia.

Agents 119

Agents 119

Advertisement

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.

Brokerage

Bigger Pockets

MAY 10, 2024

Real estate investing with your significant other can be challenging if you don't agree on strategy or goals. Follow these 7 steps to get aligned.

Development 120

Development 120

RIS Media

MAY 10, 2024

Above, John Armstrong VITALS: RE/MAX Rising Years in business: 8 Size: 1 office, 80 agents Regions Served: Central Illinois 2023 Sales Volume: 1,100 2023 Transaction Volume: $270 million [link] A second-generation REALTOR®, John Armstrong—co-owner and managing broker of RE/MAX Rising—initially resisted getting into the business over fear that he would spend too many nights and… The post Planting the Seeds for Future Growth appeared first on RISMedia.

Agents 111

Agents Sales Development Industrial 111

BAM Media

MAY 10, 2024

You’ve likely heard the age-old adage, “Brevity is beauty.” Realtors often prefer short and sweet listing descriptions, believing that potential buyers don’t have the time or interest to read lengthy writing about a property. But is this truly the case? I decided to put this notion to the test and uncover the truth behind the power of words in real estate listings.

Renovation 109

Renovation As-is Industrial Agents 109

RIS Media

MAY 10, 2024

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. Per Freddie Mac, the latest average mortgage rates as of May 9 are 7.09% for the 30-year fixed-rate mortgage and 6.38% for the 15-year fixed-rate mortgage. Compared to the previous week of May 3–the 30-year… The post Mortgage Mix: Rates Remain Above 7%, but Declined for the First Time in Months appeared first on RISMedia.

Fixed-rate mortgage 119

Fixed-rate mortgage Mortgages Industrial As-is 119

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.

Agents