Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. Now, with agent commissions starting to decline, agents naturally want to convey the value of their services to buyers and sellers. New research from the Federal Reserve Bank of Atlanta attempts to answer one question — can my agent get a better sale price on my home than a competing agent?

Agents 488

Agents MLS Finance Sales 488

Real Estate News

SEPTEMBER 30, 2024

Home Price Index went up 4.1%, while starter homes are more affordable than they’ve been in four years — in part due to a shift in perspective.

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290

Housing Wire

SEPTEMBER 30, 2024

More than 16 million Americans who are 65 or older are living alone, but the depth of their experiences is largely unknown. This is according to a recent story published by KFF Health News. “This slice of the older population has significant health issues: Nearly 4 in 10 seniors living alone have vision or hearing loss, difficulty caring for themselves and living independently, problems with cognition, or other disabilities, according to a KFF analysis of 2022 census data,” the story explained.

Technology 481

Technology Closing Development As-is 481

Keeping Current Matters

SEPTEMBER 30, 2024

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments.

Mortgages 275

Mortgages 275

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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.

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Housing Wire

SEPTEMBER 30, 2024

Starter homes are more affordable to the average American than they were a year ago, but they have become significantly less affordable over the past decade. That’s the conclusion Redfin reached in a data report released Monday. The national real estate brokerage analyzed household income levels and monthly housing payments to calculate its affordability metric.

Mortgages 476

Mortgages Brokerage Sales Loans 476

Real Estate News

SEPTEMBER 30, 2024

Plaintiffs in the Sitzer/Burnett commissions case are seeking preliminary approval for deals with 15 non-Realtor MLSs and 13 real estate brokerages.

Brokerage 264

Brokerage 264

Real Estate News

SEPTEMBER 30, 2024

The nation’s largest independent brokerage has launched a new natural language search experience on its website, powered by ListAssist to rival portals.

Brokerage 260

Brokerage 260

Housing Wire

SEPTEMBER 30, 2024

The rate of home sales is picking up! The number of homes under contract across the country has risen for the last few weeks. Purchase mortgage applications are up for five weeks in a row. It seems like mortgage rates are getting closer to 6% are shaking loose a few transactions. These are small moves, and it’s early. It’s not a big rush of home sales of course, we’re just looking for any signs of resuscitation, and we can finally start to see some.

Sales 459

Sales Mortgages Closing Investor 459

Inman

SEPTEMBER 30, 2024

University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.

Closing 190

Closing As-is Brokerage 190

Housing Wire

SEPTEMBER 30, 2024

Two of the top five lenders in the reverse mortgage industry are now engaged in a legal skirmish over marketing practices that one lender calls deceptive. Longbridge Financial , a top five reverse mortgage lender and servicer based in New Jersey, is suing Mutual of Omaha Mortgage over a series of websites maintained by the latter. Longbridge alleges that these websites are both deceptive and in violation of the Real Estate Settlement Procedures Act (RESPA) as well as guidance from the Federal Tr

Mortgages 454

Mortgages Marketing Equity Branding 454

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

Inman

SEPTEMBER 30, 2024

Most real estate professionals say little has changed since new commission rules went into effect in August. But for a smaller group, the changes have unleashed a completely different experience.

Agents 189

Agents Brokerage 189

Housing Wire

SEPTEMBER 30, 2024

In the newest episode of the Power House podcast, host Clayton Collins chats with Robert Pieklo, chief operating officer of American Financial Resources (AFR), and Adam Carmel , CEO of Polly. They discuss the latest developments in the mortgage market, along with key dynamics and growth strategies for lenders as interest rates continue to fall. The conversation also covers cost-to-completion metrics, new technology and tactics strategies for making customers happy in today’s market.

Mortgages 454

Mortgages Marketing Technology Lending 454

Inman

SEPTEMBER 30, 2024

Entrepreneurs aligned with a major network, like RE/MAX, can leverage a brand consumers know and trust.

Branding 183

Branding Agents 183

Housing Wire

SEPTEMBER 30, 2024

Howard Hanna Real Estate Services is jumping into the artificial intelligence (AI) technology game. On Monday, the family-owned firm announced the launch of HomeFinder AI through a partnership with technology firm ListAssist. HomeFinder AI users can type their exact search parameters into the platform — including phrases like a “modern kitchen with tons of natural light” or a “spacious backyard with a pool” — and they will be matched with properties.

Technology 434

Technology Brokerage Agents 434

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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.

Brokerage

Inman

SEPTEMBER 30, 2024

In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday.

Mortgages 179

Mortgages Marketing 179

Housing Wire

SEPTEMBER 30, 2024

Compass has announced yet another addition to its team in Texas. Adrian Jacobs, a luxury agent who has sold more than $29 million in volume over the past year, has rejoined Compass’s Dallas office from Douglas Elliman. Coming with him is Genna Skolnik, the leader of The Venture Group. She rejoined Compass last year from The Agency. “Understanding quality real estate opportunities requires both a broad marketplace context and a detailed understanding of asset types,” Jacobs said in a statement.

Agents 433

Agents Brokerage As-is 433

Inman

SEPTEMBER 30, 2024

As 2025 approaches, Ophir Adar writes, many real estate agents are wondering how to thrive in a rapidly changing market. The key to success lies with your focus, mindset and ultimately, your results.

Agents 178

Agents Marketing 178

Housing Wire

SEPTEMBER 30, 2024

Mauricio’s Umansky’s The Agency is getting into the mortgage business. The brokerage has entered into a joint venture with Barrett Financial Group to offer what the companies believe will be a wide range of mortgage products and streamlined underwriting to The Agency’s luxury clients. Dubbed Aclara Lending, the joint venture will start in Southern California with plans to expand in the near future.

Mortgages 432

Mortgages Lending Brokerage Loans 432

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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.

Agents

Inman

SEPTEMBER 30, 2024

The California Association of Realtors expects existing single-family home sales to reach more than 300K units by the end of 2025. Active inventory is due for a 10 percent boost as well.

Sales 177

Sales As-is Mortgages Marketing 177

Housing Wire

SEPTEMBER 30, 2024

California-based loanDepot on Monday announced it has closed a $300 million offering of notes backed by a revolving warehouse line of credit and secured by mortgages. loanDepot said this is the 10th time it has closed a transaction of this kind. It follows other strategies to strengthen its financial position, including selling mortgage servicing rights (MSRs) and extending debt.

Closing 430

Closing Principal Residential Finance 430

Inman

SEPTEMBER 30, 2024

The tool will let real estate consumers search using everyday language. It's also designed to provide better, more insightful leads to Howard Hanna.

Design 176

Design Technology Brokerage 176

Housing Wire

SEPTEMBER 30, 2024

According to a recent report by Forbes, over half of all real estate investors are now turning to private lenders. With this comes a more crowded marketplace, which means that existing lenders need to consider ways to stand out from the crowd, to survive. The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5 trillion in assets under management globally at the start of 2024.

Lending 419

Lending Technology Banks Loans 419

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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.

Agents

Inman

SEPTEMBER 30, 2024

When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review will save $8 million while raising customer satisfaction scores.

Lending 175

Lending Loans Technology Mortgages 175

Housing Wire

SEPTEMBER 30, 2024

Cooler fall temperatures have brought less intense housing market conditions to the once white-hot market of Bergen County , New Jersey. “We are not seeing that same buyer frenzy we were seeing six months ago,” said Audra Fontanella, the broker-owner of Bergen County-based RE/MAX Venture Realtors. “We are seeing some price drops start to happen and a little bit longer days on market.

Marketing 389

Marketing Home sale contingency Days on market Agents 389

Inman

SEPTEMBER 30, 2024

Ahead of Inman Connect Austin, Realtor.com Chief Economist Danielle Hale talks mortgage rates, affordability, and when agents and consumers might reach the light at the end of the tunnel.

Mortgages 174

Mortgages Agents Days on market Marketing 174

Estate Agent Today

SEPTEMBER 30, 2024

Campaigners have been urging the Government to get on its bike and fulfil its promises on leasehold reform.

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137

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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.

Sales

Inman

SEPTEMBER 30, 2024

In the midst of the LGBTQ+ Alliance’s third annual in-person conference, incoming 2025 President Justin “JZ” Ziegler talked with Inman about the anti-LGBTQ+ political climate, the organization’s future and how to become an ally.

Brokerage 174

Brokerage Agents 174

Bigger Pockets

SEPTEMBER 30, 2024

Some cities across the United States are emerging as economic powerhouses, creating ideal conditions for real estate investors. Here's where to look.

Investor 130

Investor Marketing 130

Inman

SEPTEMBER 30, 2024

Team lead Jen Berbas writes that taking into account the client perspective and experience at every stage of the transaction allows you to optimize their process and outcome.

Staging 173

Staging Agents 173

Bigger Pockets

SEPTEMBER 30, 2024

Snowballing a $20,000 investment into eleven rental properties…in under four years?!

Investor 128

Investor 128

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