Housing Wire

MARCH 26, 2024

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Moulder, David L. Bueker and Robert E. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. The lawsuits contest alterations made to Keller Williams’ profit-sharing program, with one of them seeking a court order to halt further payouts until the case concludes.

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Brokerage Agents Investor Marketing 511

Keeping Current Matters

MARCH 26, 2024

Recent headlines may leave you wondering what’s next for mortgage rates.

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Mortgages 330

Housing Wire

MARCH 26, 2024

Mortgage rates rose this week as the yield on the benchmark 10-year Treasury note inched up. As of Monday, the yield on the 10-year U.S. Treasury note was about 4.25%, according to Tradeweb, up from 3.86% at the end of last year. As a result, HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans at 7.16% on Tuesday, up from 7.07% one week earlier.

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Mortgages Loans As-is Marketing 508

Real Estate News

MARCH 26, 2024

A new report from Realtor.com looks at the cost gap between renting and owning and finds that many markets are now significantly more favorable to renters.

Marketing 302

Marketing 302

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Housing Wire

MARCH 26, 2024

Home prices maintained their upward trajectory in the opening month of the year. The S&P CoreLogic Case-Shiller U.S. National Home Price Index posted a 6% annual gain in January, up from a 5.6% gain in December , according to a report released Tuesday. It was the seventh consecutive month of annual price growth and the biggest increase since November 2022.

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Real Estate News

MARCH 26, 2024

HomeServices of America’s decertification request was denied, and the case will now shift to other post-verdict motions, including a request for a new trial.

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Inman

MARCH 26, 2024

One of the class-action suits seeks $250 million in damages while the other is asking the court for a preliminary injunction stopping Keller Williams from distributing profit share payments.

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Agents 197

Housing Wire

MARCH 26, 2024

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating rental rates as an influx of multifamily rental properties continues to come online across the country.

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Inman

MARCH 26, 2024

The Agency's Ben Belack shares his thoughts on NAR settlement news, the current industry landscape and the American Real Estate Association ahead of Season 2 of the popular Netflix real estate reality TV show.

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Industrial Agents 194

Housing Wire

MARCH 26, 2024

Since its inception in 1908, the National Association of Realtors (NAR) has undergone a remarkable transformation, with women now accounting for 62% of its membership, according to data for the trade organization. AceableAgent , an online real estate school, surveyed more than 600 female real estate agents near the end of 2023 to understand the motivations and experiences of women in the field.

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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

Real Estate News

MARCH 26, 2024

The Moehrl suit, like Sitzer/Burnett, was filed 4 years ago and has just one defendant left: HomeServices of America, which hasn't chosen to settle.

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Housing Wire

MARCH 26, 2024

Ellington Financial , the parent company of reverse mortgage industry lender and servicer Longbridge Financial , announced the successful closing of a new securitization backed by a pool of proprietary reverse mortgages initially originated by Longbridge. The securitization was valued at $208 million and Longbridge will continue to act as the servicer of the underlying assets, according to a company announcement.

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Mortgages Investor Loans Industrial 468

Inman

MARCH 26, 2024

The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers.

As-is 190

As-is Marketing Agents 190

Housing Wire

MARCH 26, 2024

loanDepot has settled a lawsuit filed by a Maryland couple accusing the firm of appraisal bias, ending a case that gained national attention two years ago. Court documents filed on March 22 show that the lender and plaintiffs Nathan Connolly and Shani Mott — the latter a scholar of Black studies at Johns Hopkins University who died March 12 in Baltimore of adrenal cancer — agreed with a voluntary dismissal with prejudice.

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Finance Mortgages 462

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Brokerage

Inman

MARCH 26, 2024

Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000.

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Marketing Mortgages 183

Housing Wire

MARCH 26, 2024

Just for a moment, let’s imagine a world in which a person purchases a home shortly before a global pandemic. Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. Then, the housing market takes off like a rocket with home values exceeding all expectations.

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Equity Loans Bankruptcy As-is 459

Inman

MARCH 26, 2024

In this hour session Sotheby’s International Realty will explore what has worked for the three brokers to grow their business and drive leads with their online personalities.

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Marketing 181

Bigger Pockets

MARCH 26, 2024

Sloppy renovations and corner-cutting maintenance efforts aren’t good enough. As you navigate the world of single-family investing, focus on these five essential elements of due diligence.

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Due diligence Investor Renovation 129

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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

MARCH 26, 2024

Corcoran Prime is owned and led by Becky Jackson, and the franchise boasts approximately two dozen agents and staff with services across greater Portland, according to an announcement.

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Agents Brokerage Marketing 178

Bigger Pockets

MARCH 26, 2024

Feeling scared to do your first or next real estate deal?

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Inman

MARCH 26, 2024

The S&P Core Logic Case-Schiller National Home Price Index tallied a 6 percent annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday.

Mortgages 172

Mortgages Marketing 172

RIS Media

MARCH 26, 2024

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Instagram is undoubtedly one of the most popular platforms for building connections and attracting potential clients to your business. With its visual appeal and interactive features, Instagram offers… The post Social Skills: 6 Daily Lead-Generation Activities for Insta-Success appeared first on RISMedia.

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Agents Marketing Development Industrial 127

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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

MARCH 26, 2024

In his second book, "The Perfect 10," RE/MAX co-founder and Chairman Dave Liniger leans on 50 years at the brokerage's helm to offer keys for leading during moments of intense change.

Brokerage 161

Brokerage Agents 161

RIS Media

MARCH 26, 2024

For those looking to sell their homes and maximize on profit, the time to do so may be just around the corner. In fact, according to realtor.com®’s annual “Best Time to Sell” report, the week of April 14-20 is shaping up to be the best time to sell and maximize ROI in 2024. After looking… The post The Best Time to Sell Is Fast Approaching appeared first on RISMedia.

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Sales Industrial Agents Marketing 126

Bigger Pockets

MARCH 26, 2024

There are several ways that you may be able to reduce your W-2 taxes with a real estate investment. The type and whether you have an equity or debt investment determines the strategies you will qualify for.

Equity 124

Equity 124

RIS Media

MARCH 26, 2024

Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January’s two-year high. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55,” said Dana… The post Consumer Confidence Sees Little Change in March appeared first on RISMedia.

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Industrial 126

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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

Maximum Exposure Real Estate

MARCH 26, 2024

Would you like to learn some of the best mortgage tips for first-time homebuyers? Understanding the steps to buying a house is crucial. Buying a home involves many lingoes the average consumer may not know or understand. Considering that most people will finance a home’s purchase for a relatively significant amount, it makes sense to […] The post Home Loan Financing Advice For First Time Buyers appeared first on Maximum Real Estate Exposure.

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Finance Loans Mortgages 115

RIS Media

MARCH 26, 2024

HomeServices, as the last remaining defendant still fighting the two oldest and most advanced commission lawsuits, will likely have an outsized say in the timing of a potential trial—and appears to have settled on a date. According to a filing in federal court on Monday, March 25, the company is aiming for a trial starting… The post HomeServices Targets New Trial Date; Keller Williams Charts Path Forward appeared first on RISMedia.

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As-is MLS Industrial Agents 124

GeekEstate

MARCH 26, 2024

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase: Virtual Staging AI] Developed at Harvard Innovation Labs, Virtual Staging AI is a virtual staging algorithm powered by artificial intelligence. Users can upload images depicting living rooms, bedrooms, kitchens, dining rooms, home offices, and bathrooms.

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Staging Marketing Development Design 113

RIS Media

MARCH 26, 2024

According to OneKey® MLS (which covers southern regions of New York State such as Long Island, NYC and Westchester County), the regional, single-family, closed median sale price was $650,000 in February 2024, a year-over-year 10.5% increase over the price of $588,500 from February 2023. Further details: For condominiums, OneKey MLS reported a closed median sale… The post New York Single Family Home Market Up by Double Digits appeared first on RISMedia.

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MLS Marketing Closing Sales 122

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