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

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.

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Marketing 310

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 507

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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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

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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MLS Development Mortgages Marketing 491

Keeping Current Matters

MARCH 26, 2024

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

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Mortgages 331

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

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

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

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 466

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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

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 193

Housing Wire

MARCH 26, 2024

Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention actions in the fourth quarter of 2023, according to a new report published by the Federal Housing Finance Agency ( FHFA ). Over the course of 2023, the government-sponsored enterprises (GSEs) completed 192,897 foreclosure prevention actions. This brought the total to 6.905 million since the start of the GSE conservatorships in September 2008, the FHFA foreclosure prevention and refinance report showed.

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VA loan FHA loan Short sale Loans 478

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

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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Agents Finance Industrial Loans 470

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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.

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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.

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As-is Marketing Agents 189

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 417

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.

Marketing 180

Marketing 180

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

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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

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 176

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

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 170

Mortgages Marketing 170

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

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.

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Brokerage Agents 159

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 117

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

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

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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

RIS Media

MARCH 26, 2024

In the latest RISMedia webinar—“Fundamentals of Success in 2024”—panelists Rick Haase, president of United Real Estate and chief operating officer of United Real Estate Group, and Lennox Scott, the third-generation chairman and CEO of John L. Scott Real Estate, discuss what brokers can do to continue to grow their businesses in 2024 and remain profitable… The post Webinar Recap: Paths to Profitability—Rock-Solid Growth Strategies appeared first on RISMedia.

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Development Industrial 122

HomeLight

MARCH 26, 2024

If you’re a homeowner in Smyrna looking for a way to sell your home without all the repairs, staging, and showings that come with listing on the open market, “We Buy Houses” companies offer a quick and easy solution. These companies make all-cash offers on homes in any condition or situation, whether you’re dealing with foundation issues or an inherited property.

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Staging Design Closing Sales 111

RIS Media

MARCH 26, 2024

Three former Keller Williams agents are suing the company over a recent change to its profit-sharing program, claiming that recent changes to profit-sharing programs that reduce payments to certain agents violate contracts—and the law. Robert E. Hill, David L. Bueker and Jerri L. Moulder filed seemingly separate, class-action lawsuits in three different federal courts within… The post KW Profit-Sharing Cuts Violate Contracts, Former Agents Claim appeared first on RISMedia.

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Agents MLS Industrial 122

HomeLight

MARCH 26, 2024

When you need to sell your West Palm Beach house fast or don’t have the funds for much-needed updates, “We Buy Houses” companies can help you cash out your investment and move on with your life. These companies make all-cash offers on properties in “as-is” condition, allowing you to skip the repairs, cleanings, and showings that often come with listing on the open market.

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Closing Sales Design As-is 111

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