Tue.Dec 17, 2024

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Florida Realtors’ Tim Weisheyer on using servant leadership to drive success in business

Housing Wire

In this week’s episode of the RealTrending podcast , host Tracey Velt is joined by Tim Weisheyer, Florida Realtors ‘ 2025 president. The duo explore the concept of servant leadership for business success, relying on learning for long-term success, balancing technology usage with relationship building and the trade group’s top priorities for 2025.

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Builder confidence holds steady in the last month of the year

Real Estate News

One measure in the monthly index stood out, however, as builders responded with more optimism about where the market is headed in 2025.

As-is 205
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The 2025 housing market for first-time homebuyers

Housing Wire

The American dream is synonymous with two ideas. One is the idea that anyone in this country can find a path to economic success regardless of their circumstances at birth. The second idea is the symbolic encapsulation of the first idea: homeownership. Owning a home is the signifier of economic success, but over the last few years, that milestone has gotten farther out of reach for first-time homebuyers.

Marketing 339
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2025’s ‘defining challenge,’ and what will (or won’t) change

Real Estate News

Expect a solid year for new home sales, modest declines in mortgage rates, and a faster pace of wage growth, Fannie Mae and Veterans United experts predict.

Mortgages 161
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The 2025 Real Estate Roadmap to Success

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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Side files preliminary injunction against Alexander brothers in wake of arrests

Housing Wire

The criminal charges against the Alexander brothers are now affecting Side s civil lawsuit against them. Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners , that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on. Side a white-label brokerage that affiliated with Official Partners argues that the criminal charges filed against the Alexanders last week require

Brokerage 331
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The Ten: The DOJ, industry bogeyman

Real Estate News

The Justice Department was a constant presence in 2024 weighing in on civil cases, questioning buyer agreements and fighting NAR in the Supreme Court.

More Trending

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Clear Cooperation critics miss ‘the forest for the trees,’ eXp CEO says

Inman

Ahead of his appearance at Inman Connect New York in January, eXp Realty CEO Leo Pareja told Inman that change is inevitable and that his "North Star" is improving the experience of his agents.

Agents 158
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New apartment construction hasn’t lowered rents in many areas

Housing Wire

Rent prices have fluctuated alongside home prices in this year’s housing market. More inventory can bring down prices, but some renters still struggle to meet the rental price hikes found in new construction. Seattle-based brokerage Redfin released a report this week that highlighted a 1.5% increase in asking rents for newly constructed apartments in 2024 the biggest spike in 18 months.

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Is 2025 your year to (finally) join a real estate team?

Inman

With the real estate industry constantly changing, coach Verl Workman writes, now might be the ideal opportunity to capitalize on the strength of a team and propel your career forward.

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Another Fed rate cut is expected Wednesday, but mortgage rates aren’t likely to tumble

Housing Wire

Mortgage rates havent moved much in the past week, but Wednesdays meeting of the Federal Reserve should give some clearer insights into where the market is headed at the end of the year. The Federal Open Market Committee (FOMC) is scheduled to announce its decision on the federal funds rate at 2 p.m. ET Wednesday, with Chairman Jerome Powell set to answer questions from journalists at 2:30 p.m.

Mortgages 380
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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How to make the most of media, speaking, onstage opportunities

Inman

If public speaking or media coverage is on your 2025 list of professional goals, its time to get started, Troy Palmquist writes.

Brokerage 149
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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

Despite having long ago settled the commission lawsuits , legal challenges continue to mount for real estate industry giant Anywhere. On Friday, the firm and some of its subsidiaries and agents were accused of violating the federal Racketeer Influenced and Corrupt Organizations (RICO) Act and the Lanham Act. The lawsuit, which alleges claims of false advertising, was filed in a U.S. district court in Minnesota by plaintiffs Michael and Lauren Campoli.

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Consumers will determine the future of the real estate industry

Inman

Stephen Brobeck, senior fellow at Consumer Federation of America, examines the aftermath of the Sitzer | Moehrl commission settlement and what it means for the industry's future.

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How has Tampa’s housing market fared since Hurricane Milton?

Housing Wire

Its hard to imagine something more disruptive to a housing market than a hurricane. Thats what the Tampa Bay metro area was faced with in October with Hurricane Milton, which made landfall in the area as a Category 3 storm. Milton set a record for tornado warnings with 129, and hundreds of homes were destroyed in Florida. In the days leading up to the storm’s landfall on Oct. 9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market.

Marketing 261
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Tal Alexander and lawyers push to reopen his detention hearing

Inman

Tal's parents offered a bond "in any amount secured by the entirety of their assets." Meanwhile, Side filed a preliminary injunction against Oren and Tal, and the DOJ has asked Douglas Elliman for information about the brothers' time at the firm.

Brokerage 145
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Fairway reverse division honors longtime pro with lifetime achievement award

Housing Wire

The reverse mortgage division of Fairway Independent Mortgage Corp. has honored a longtime professional in its ranks with a lifetime achievement award, in recognition of his 40-year career in the mortgage banking, real estate , homebuilding and title insurance industries. Pete Stebbins, 90, initially joined Fairway in 2012 and currently works as director of business development in the companys Madison, Wisconsin, office.

Lending 305
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Why millions of Americans WANT the housing market to crash

Inman

Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds.

Marketing 144
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Andrew Bon Salle is joining Mr. Cooper Group’s board of directors

Housing Wire

Mr. Cooper Group on Monday announced the addition of Andrew Bon Salle to its board of directors. Bon Salle will officially join the board Jan. 1. Bon Salle is a 30-year industry veteran with vast experience in several business areas. His most recent role was with Home Point Capital as board chairman. He left Home Point shortly before Mr. Cooper acquired the company in 2023.

Lending 287
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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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REBNY sues the City of New York to stop FARE Act enforcement

Inman

Three days after New York City's Fairness in Apartment Rental Expenses (FARE) Act became law without the signature of Mayor Eric Adams, the Real Estate Board of New York (REBNY) has filed a lawsuit to stop the bill's enforcement in June 2025. The New York State Association of Realtors, Bohemia Real Estate Group, Bond New York Real Estate Corp, REAL New York, Level Group, Four Corners Realty, 21 West 74 Corp, and the 8 West 119th Street housing development fund corporations have joined the lawsui

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CFPB rule applies mortgage protections to clean energy loans

Housing Wire

The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program. The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. The rule goes into effect on March 1, 2026, according to the CFPB.

Loans 261
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More Starter Homes Are Hitting the Market

Keeping Current Matters

More entry-level homes – also known as starter homes – are popping up on the market.

Marketing 134
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Will AI replace the loan officer?

Housing Wire

There have been countless press releases and news articles about how AI is changing the mortgage industry. The industry fears AI will ultimately replace everyone, from operations to loan officers. As a loan officer , I am not losing any sleep, and here is why you should not, either. Recently, I was online researching a very prominent real estate coach.He has a huge following and commands top dollar when he speaks.I was curious about what he was doing as I always looked for ways to improve my cli

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Stocking stuffer: Urban Nest Realty takes 400 agents to Real

Inman

Likely catching the collective eye of Real co-founder and CEO Tamir Poleg and president Sharran Srivatsaa was Urban Nest's 2023 numbers, consisting of 2,500 deals valued at $1.5 billion.

Agents 121
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Reverse mortgage book inside MMI Fund continues to evolve

Housing Wire

The report on the Home Equity Conversion Mortgage ( HECM ) book of business inside the Mutual Mortgage Insurance (MMI) Fund served as another positive development for the program. The estimated economic net worth of the HECM MMI stood at $17.4 million, up from $15.4 million last year, according to the Federal Housing Administration (FHA)’s Annual Report to Congress released last month.

Mortgages 255
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Brooklyn woman charged in $16K rental fraud scheme

Inman

Brooklyn District Attorney Eric Gonzalez announced Monday that Svetlana Katzevman had been indicted for allegedly advertising her Gravesend apartment complex in a Russian-language newspaper, and charging renters between $700 and $2,300 for deposits and rent.

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FHFA data on non-performing loan sales reflects fewer delinquencies since pandemic

Housing Wire

The Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data has shown a steady drop in mortgage delinquencies since the start of COVID-19 pandemic. The [NPL] sales program reduces the number of deeply delinquent loans in the Enterprises portfolios and transfers credit risk to the private sector, FHFA explained.

Loans 228
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Release Notes: December 2024

Realtors Property Resource

Coming Soon! What's New in RPR? Repair, Replace, and Remodel: Instantly calculate cost estimates for renovations projects and provide your client with an itemized PDF report. New Next Gen Report Template: Check out the new report template designed to help your commercial [.] The post Release Notes: December 2024 appeared first on Realtors Property Resource (RPR).

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Lawler: Early Read on Existing Home Sales in November

Calculated Risk Real Estate

From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 4.09 million in November , up 3.3% from October’s preliminary pace and up 4.6% from last November’s seasonally adjusted pace.

Sales 93
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Why letting go is essential for goal-setting and growth in the new year

Inman

Coaches Emily Bossert and Melanie Klein help you enter 2025 with purpose, alignment and the freedom to soar when you let go of the habits and strategies that are holding you back.

Agents 90
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Judge Bough Denies Multiple Motions to Dismiss Largest Burnett Copycat

RIS Media

Motions to dismiss and motions to strike in Gibson v. NAR by several defendants were denied by Judge Stephen R. Bough yesterday, ensuring the high-profile commission lawsuit will continue (at least for now) against several large brokeragesand one $25 billion-dollar holding company. eXp, William Raveis, Howard Hanna, Weichert, Real Estate One, Crye-Leike, Illustrated Properties, Windermere… The post Judge Bough Denies Multiple Motions to Dismiss Largest Burnett Copycat appeared first on RIS

MLS 95
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.