Keeping Current Matters
NOVEMBER 13, 2023
Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest.
Housing Wire
NOVEMBER 13, 2023
Mr. Cooper Group became the target of at least four consumer class-action lawsuits after disclosing a cyberattack at the end of October when customer information was compromised and the company shut down certain systems. On Oct. 31, the Dallas-based servicer and lender said it had experienced a cybersecurity incident with an unauthorized third party accessing certain portions of its technology systems and customer data.
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Real Estate News
NOVEMBER 13, 2023
NAR’s annual Profile of Home Buyers and Sellers report revealed higher down payments, as more people reported living with friends or family before purchasing.
Housing Wire
NOVEMBER 13, 2023
Ready to begin a flexible, fulfilling career in real estate in the Sunshine state? We’ll help you find the best real estate schools in Florida to complete the required 63 hours of study. In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. There are so many Florida real estate schools to choose from, offering everything from self-paced online courses to in-person classes to fulfill your education requirements.
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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.
Real Estate News
NOVEMBER 13, 2023
Collabra adds MLS visionary to its board, CoreLogic launches AR-powered tool for appraisers, LeadingRE adds BoxBrownie.
Housing Wire
NOVEMBER 13, 2023
Ron Frasier, a title industry veteran and CEO of title startup Atlas Title , has been watching the commission lawsuit saga closely. “If the costs associated with homeownership and buying a home at a macro level is coming into question, it is hard to imagine that, that doesn’t bleed into settlement services,” Frasier said. “The same dynamics that are questioning the value [and costs] of a Realtor, regardless of which side of the transaction they are on, are going to lead to questions for all othe
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
NOVEMBER 13, 2023
Big Four title firm Old Republic is selling its mortgage insurance business to Arch Capital Group Ltd., according to an announcement on Monday. As part of the $140 million transaction, Arch will acquire all of the capital stock of Old Republic’s wholly owned subsidiary RMIC Companies Inc., and its wholly-owned subsidiaries that together comprise Old Republic’s run-off mortgage insurance business.
Inman
NOVEMBER 13, 2023
Former arbitrage trader, current team leader and new Inman contributor Jen Berbas speaks to the vital due diligence role real estate professionals play for consumers, even after Sitzer et al.
Housing Wire
NOVEMBER 13, 2023
After a nearly two-year search, RE/MAX Holdings , the parent company of brokerage firm RE/MAX , has found its new CEO. The board of directors has appointed Erik Carlson to CEO, effectively immediately, according to an announcement on Monday. Carlson has most recently served as president and CEO of DISH Network Corporation , where he has worked since 1995. “Erik is the ideal executive to take over as the new RE/MAX Holdings CEO, having excelled in various operational, customer-centric and s
Inman
NOVEMBER 13, 2023
Broker Cara Ameer writes that, from a leaky icemaker to a stellar professional reputation, the work of a buyer agent can make or break a home purchase.
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
NOVEMBER 13, 2023
In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” Regardless of the specific LOS in use, this feeling seems pervasive among lenders, and the dissatisfaction stems from lenders’ desire to deliver more digitally driven, bespoke borrower experiences. In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do.
Inman
NOVEMBER 13, 2023
Speaking at an IMF research conference, Powell said the Fed is committed to raising rates as high as needed to bring inflation down, and "we are not confident that we have achieved such a stance.
Housing Wire
NOVEMBER 13, 2023
Affordability headwinds continued in the mortgage industry with mortgage rate lock volume remaining virtually flat in October. Both purchase and refinance volumes continued to wane in the face of the highest mortgage rates in over two decades, according to Optimal Blue’ s originations market monitor report. Rate-lock-dollar volume was also flat in October, ticking up 0.5% month over month.
Inman
NOVEMBER 13, 2023
The National Association of Realtors' NAR NXT Conference is gearing up for a week in Anaheim, California. Here's a rundown of the schedule plus the sessions and events you can't afford to miss.
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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.
Housing Wire
NOVEMBER 13, 2023
Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. The report is an annual survey of homebuyers and sellers who closed transactions between July 2022 and June 2023.
Inman
NOVEMBER 13, 2023
It’s the myriad of tech solutions and their overlap that causes time-sucks and frustration, and you pay for it (on auto-renew). This kind of tech stack stifles productivity, creates data silos, puts out a bad experience for your clients and consumers, and mercilessly beats down your bottom line.
Housing Wire
NOVEMBER 13, 2023
Home prices keep moving up, offering few signs of relief to cash-strapped homebuyers. More than 80% of U.S. metro markets saw price gains in the third quarter of 2023, according to the National Association of Realtors ’ latest quarterly report. That’s 182 of the total 221 metro markets studied. Among the metros tracked, 11% registered double-digit price increases in the third quarter, up from 5% in Q2.
Inman
NOVEMBER 13, 2023
Erik Carlson comes to RE/MAX Holdings in the wake of Adam Contos' departure. He also joins the company at a tumultuous time for the real estate industry.
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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.
Housing Wire
NOVEMBER 13, 2023
The automated phone systems and website of lender and servicer Mr. Cooper are running again following a cybersecurity incident that forced the company to lock down certain technology systems. On Oct. 31, the company suffered a cyberattack that disrupted loan payments. Mr. Cooper restarted servicing operations on Nov. 4 by taking customer calls and payments, remitting to investors and onboarding new loans.
Inman
NOVEMBER 13, 2023
The median household income of the typical United States homebuyer jumped 22 percent between 2022 and 2023.
Housing Wire
NOVEMBER 13, 2023
I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. Here are some of the highlights: In Entrepreneur, the writer states, “…the court ruling (Sitzer) could lead to a decrease in the average home price in the U.S. by 1% to 2% just by cutting the commission paid to buyer’s agents.
Inman
NOVEMBER 13, 2023
Whiteside, who has been with the company for five years, will stay with eXp until Dec. 1 to aid in the transition.
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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.
Housing Wire
NOVEMBER 13, 2023
Fathom Holdings is the latest brokerage to make a significant C-Suite change. The firm announced Monday that it has appointed its current president and chief financial officer Marco Fregenal as CEO. Fathom confirmed that current CEO and company founder Joshua Harley , who is stepping down from the role and giving up his seat on the board of directors for “family reasons,” endorsed the succession plan. “It is my honor to announce that Marco Fregenal will be stepping into the role of CEO to
Inman
NOVEMBER 13, 2023
David Charron joins Collabra's board as the real estate technology and analytics company makes a bid to partner with more multiple listing services.
Housing Wire
NOVEMBER 13, 2023
Fifteen years ago, the TARP bailout bill was signed into law. $700 billion in taxpayer funds were authorized to help stabilize the economy in free fall in the wake of the Lehman bankruptcy and a mortgage market meltdown. The original plan — to buy up troubled mortgage assets — was quickly abandoned in favor of actions like capital infusions for banks and the bailout of our auto companies.
Inman
NOVEMBER 13, 2023
Navigating the current housing market requires a unique set of skills, strategies and resources to set your clients up for success. Watch as Offerpad dives into the power of cash offers and how real estate professionals can use them to provide a competitive advantage.
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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.
Real Estate News
NOVEMBER 13, 2023
Erik Carlson replaces interim CEO Steve Joyce as the leader of the company's real estate brokerage and mortgage divisions.
Inman
NOVEMBER 13, 2023
"Door open" to Harley's return after he relinquishes leadership roles, citing family reasons. Longtime CFO Marco Fregenal takes over as CEO and independent director Scott Flanders as board chair.
RIS Media
NOVEMBER 13, 2023
Moving is an exciting yet overwhelming experience. Whether relocating to new cities or just across town, it’s essential to be well-prepared to ensure smooth transitions. There are several crucial things to know before moving to make your process as stress-free as possible. We will cover basic guidelines, key considerations, and preparations to help you make… The post Why Having a Moving Checklist Is Crucial When You’re Relocating appeared first on RISMedia.
Inman
NOVEMBER 13, 2023
This week, Sue 'Pinky' Benson explains the three things real estate agents should be doing on their Instagram Stories.
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