Housing Wire
NOVEMBER 13, 2024
Rocket Companies , the parent of Rocket Mortgage , paid a reported $14 million to acquire the domain name Rocket.com. The purchase, which was initially reported by DomainInvesting.com, was said to be from defense contractor L3Harris Technologies Inc. Rumors of the deal began in early September. The transaction was referenced in a recent filing by L3Harris with the Securities and Exchange Commission ( SEC ).
Keeping Current Matters
NOVEMBER 13, 2024
There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy.
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Housing Wire
NOVEMBER 13, 2024
With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. According to real estate data provider Attom , homebuyers may face more challenges heading into 2025. Attom released its October 2024 U.S. Foreclosure Market Report on Tuesday. It showed that 30,784 properties had foreclosure filings last month.
Keeping Current Matters
NOVEMBER 13, 2024
There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy.
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, 2024
The U.S. finds itself in a “troubling environment” for bolstering Black homeownership as evidenced by two key — and lagging — metrics. This is according to the 2024 State of Housing in Black America (SHIBA) report published this month by the National Association of Real Estate Brokers (NAREB). “The two best-performing demographics for African Americans — Black female-headed households and millennials — both declined in home sales in 2023,” the organization explained in an announcement of the rep
Real Estate News
NOVEMBER 13, 2024
A law professor says the court doesn’t have the authority to force objectors to attend in person, while in Pennsylvania, Howard Hanna’s dismissal is appealed.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
NOVEMBER 13, 2024
Agents with Compass Resorts go beyond white-glove treatment and become "more like wealth managers" to support clients in this space, its founders say.
Housing Wire
NOVEMBER 13, 2024
Movement Mortgage has named Steve Smith, a mortgage veteran who most recently served as Movement’s executive advisor, as its new president and chief financial officer. Smith will lead teams across sales, operations, finance, servicing and corporate functions at the South Carolina-based mortgage lender that originated about $16 billion in mortgage loans from January to September, up 2.7% compared to the same period last year, according to Inside Mortgage Finance (IMF).
Real Estate News
NOVEMBER 13, 2024
Want to repeal the CCP? Then you shouldn’t be able to build your own listing networks while pulling from the cooperative MLS feed, says eXp CEO Leo Pareja.
Housing Wire
NOVEMBER 13, 2024
Keller Williams has dramatically expanded its presence in New Jersey. The brokerage announced Wednesday that the KW Integrity market center has merged with Sparta, New Jersey-based Clearview Realty , bringing 25 agents and tens of millions of dollars in annual sales volume to KW Integrity. “This merger between Clearview Realty and KW Integrity signifies a strategic union that will bring enhanced resources, expertise and opportunities to our leadership and agents as stakeholders,” Keller Williams
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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.
Inman
NOVEMBER 13, 2024
The relatively new team made up of seasoned professionals has already made a big splash in Atlanta, ranking as the No. 5 medium team by sales volume, according to RealTrends.
Housing Wire
NOVEMBER 13, 2024
Compass is certainly known for luxury property sales , but the nation’s top brokerage based on sales volume is looking to offer even more support to agents working on these types of deals. On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes. Compass Resort will be led by agents Jordie Karlinski, Jack Pearson, Jen O’Hanlon and Steve Springer.
Inman
NOVEMBER 13, 2024
The bill shifts the responsibility for broker fees from renters to property owners in hopes of easing affordability woes. However, opponents of the bill say it will only raise costs for renters in the long run.
Housing Wire
NOVEMBER 13, 2024
The National Association of Realtors (NAR) is facing yet another lawsuit related to its three-way membership agreement, which requires Realtors to join their local, state and national associations in order to obtain access to the MLS. The suit was filed Nov. 1 in U.S. District Court in Los Angeles by John Diaz, a broker at UHOO Real Estate Services , who is representing himself pro se.
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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.
Inman
NOVEMBER 13, 2024
October Consumer Price Index report isn't having a big impact on mortgage rates, as investors who fund most home loans doubt the Fed will have much room to bring rates down next year.
Housing Wire
NOVEMBER 13, 2024
In today’s challenging market, higher interest rates and home values have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate reduction , the demand for home equity products remains strong. Homeowners want to maintain their historically-low interest rates while waiting for rates sink further in the future.
Inman
NOVEMBER 13, 2024
Having pivoted from refinancing to purchase loans, CEO Vishal Garg says investment in AI technology and partnerships with retailers like NEO Home Loans will fuel cost-effective growth.
Housing Wire
NOVEMBER 13, 2024
Reverse mortgage educators Dan Hultquist and Jim McMinn brought their “Rules of the Game” presentation back to this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego. After starting with the importance of focused information and certain reverse mortgage product features , the pair went deeper into other longstanding elements that some industry participants might be misinformed about.
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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.
Inman
NOVEMBER 13, 2024
As rental fraud continues to rise, property managers must stay agile and find new ways to combat increasingly sophisticated scammers. Join our webinar to learn about Rently’s innovative new security tools to protect your assets and your prospective renters from getting scammed.
Housing Wire
NOVEMBER 13, 2024
The Home Depot Foundation — the philanthropic arm of the home improvement retail conglomerate — announced that it is investing $10 million for the purpose of enabling older military veterans to age in place in their homes. The goal is to help them avoid homelessness by funding affordable housing construction, home repairs and adaptations as well as giving out financial assistance.
Inman
NOVEMBER 13, 2024
During the first nine months of the year, Matterport pulled in a total of $125.8 million in revenue. Most of that is from recurring services and subscriptions.
Housing Wire
NOVEMBER 13, 2024
Better Home & Finance Holding Co., the parent of digital lender Better , reported a net loss of $54.1 million in the third quarter of 2024 during an earnings call on Tuesday. By comparison, the company lost $41.4 million in Q2 2024 and $353.9 million in Q3 2023. Better reported third-quarter revenue of $29 million, down from $32.3 million in the prior quarter but up from $4.9 million in the same period a year ago.
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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.
Inman
NOVEMBER 13, 2024
Understanding different periods of design and architecture will give agents an advantage with clients, both sellers and buyers, Gerard Splendore writes. In the 1920s, kitchens were geared toward food preparation and serving, less so for storage and may lack cabinet space.
Housing Wire
NOVEMBER 13, 2024
In a new episode of “The Loan Officer Podcast,” host Dustin Owen chats with John Cornish of Iowa-based Key Mortgage Group about his path into the industry, tips for scaling a mortgage lending business and how to avoid stagnation as a loan originator. This interview has been edited for length and clarity. To kick off the conversation, Cornish explores his background before entering the mortgage lending industry.
Inman
NOVEMBER 13, 2024
Inman contributor Gerard Splendore explores how kitchens and bathrooms have evolved through the decades, reflecting key historical shifts and design trends.
Housing Wire
NOVEMBER 13, 2024
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2025 Tech100 Award are open now through December 16, 2024. Click here to nominate a tech organization. For the past 13 years, HousingWire’s Tech100 Award program has provided HousingWire readers with a definitive list of the tech solutions companies that are streamlining processes, enhancing customer experience and improvi
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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.
Inman
NOVEMBER 13, 2024
Changes to industry rules and regulations? Economic hurdles? What's the biggest challenge you're facing right now, and what do you plan to do about it?
Brownstoner
NOVEMBER 13, 2024
Mayor Eric Adams on Tuesday raised concerns about City Council legislation that would relieve most renters from having to pay real estate broker fees, a day before the bill is expected to pass the chamber. During his weekly off-topic news conference on Nov. 12, Adams said that while he agrees with… Read More > The post Mayor Adams raises concerns over real estate broker fee bill set to get City Council vote Wednesday appeared first on Brownstoner.
Inman
NOVEMBER 13, 2024
You are the CEO of your own business, broker Zak Shellhammer writes. Prepare yourself with a business plan, clear goals and a positive and productive mindset.
RIS Media
NOVEMBER 13, 2024
Above, Jamie Tian on the cover of ARE magazine I was working on some listings a couple months back when I read an email from Hope Atuel, the CEO of Asian Real Estate Association of America (AREAA) laying out her idea for the cover of our ARE magazine to be published for the recently completed… The post A Beacon of Light Amidst Anti-Immigrant Sentiment in America appeared first on RISMedia.
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.
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