Housing Wire
OCTOBER 24, 2024
anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I knew things were going down, but I didn’t know how bad it was until people started knocking on our door.
Real Estate News
OCTOBER 24, 2024
September’s lower mortgage rates may have given a boost to the new construction sector, but buyer enthusiasm could be waning as rates climb back up.
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Housing Wire
OCTOBER 24, 2024
Online real estate marketplace Auction.com released data this week showing that demand for distressed homes — including bank-owned properties and foreclosures — shrank for a second straight quarter. The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform.
Keeping Current Matters
OCTOBER 24, 2024
With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market.
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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.
Housing Wire
OCTOBER 24, 2024
With new-home sales growing since 2022, why are housing starts at recessionary levels? Well, it’s a complicated story if you don’t know how the homebuilders operate, and not all homebuilders are the same. The big publicly traded builders have money to pay down mortgage rates and manage their pipelines better than smaller homebuilders. However, even with that reality, when mortgage rates were at 7.50% earlier in the year, housing starts and permits were heading lower, single-family permits were h
Real Estate News
OCTOBER 24, 2024
An MLS advisory board within the National Association of Realtors is continuing its “robust” discussion of the divisive policy. Here’s what could come next.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
OCTOBER 24, 2024
Understanding the various team compensation models is crucial for anyone involved in, or considering joining, a real estate team, coach Verl Workman writes.
Housing Wire
OCTOBER 24, 2024
District of Columbia Attorney General Brian Schwalb is back at it. On Thursday, his office announced a settlement with Universal Title over allegedly engaging in kickbacks with real estate agents through joint ventures in the Washington, D.C., area. But similarly to the four firms that Schwalb’s office took action against in August, the case did not involve a violation of the Real Estate Settlement Procedures Act (RESPA).
Inman
OCTOBER 24, 2024
Landlord Genetta Hull filed eviction papers in September alleging that Dolton Mayor Tiffany Henyard and her roommate, Kamal Woods, owe more than $3,350 in rent and late fees on her property.
Housing Wire
OCTOBER 24, 2024
Fast-growing mortgage servicing platform Valon has secured $100 million in a Series C funding round, the company announced this week. The latest investment — led by New York investment firm WestCap and Silicon Valley venture capital giant Andreessen Horowitz — brings the total amount of capital raised by Valon to $230 million since its launch in 2019.
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.
Inman
OCTOBER 24, 2024
Find out how this New York City team has made a name for itself in new development by trusting the market to speak for itself.
Housing Wire
OCTOBER 24, 2024
With an unprecedented wave of retirements—over 4.1 million Americans each year, according to the Peak65 report by Alliance for Lifetime Income —understanding the intricacies of reverse mortgages is essential. Our latest research report , developed in partnership with Longbridge Financial , equips you with the knowledge to navigate this growing market and serve your clients effectively.
Inman
OCTOBER 24, 2024
Whether you’re considering switching brokerages or joining a team, it’s as much an interview for them as it is for you, writes Troy Palmquist.
Housing Wire
OCTOBER 24, 2024
Remote online notarization firm Proof (formerly known as Notarize ) is stepping out of the notarization arena and into the wider realm of identity verification. On Thursday, Proof announced the launch of Verify, which it describes as “a live face-to-face experience that delivers high-level assurance with identity verification performed in the presence of an agent.
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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
OCTOBER 24, 2024
The company is opening its first franchise in the Central American country amid an ongoing push to expand in new global locations.
Housing Wire
OCTOBER 24, 2024
The Mortgage Bankers Association (MBA) on Thursday released a new white paper , which argues that Section 8 of the Real Estate Settlement Procedures Act (RESPA) is in need of reform and modernization to better reflect “today’s highly-regulated mortgage market.” Dec. 22, 2024, will mark the 50th anniversary of RESPA being signed into law by President Gerald Ford.
Inman
OCTOBER 24, 2024
Multifamily investor Patrick Carroll was arrested in Wyoming this week due to a warrant issued for aggravated stalking charges in Florida. The investor was recently in Massachusetts for mental health treatment.
Housing Wire
OCTOBER 24, 2024
Alliant National Title Insurance Co. has entered into an agreement to be acquired by Florida -based builder Dream Finders Homes , according to an announcement on Thursday. The financial terms of the deal, which is subject to regulatory approval, were not disclosed. “This is a strategic acquisition for DFH and allows us to further vertically integrate alongside our existing title insurance agency business while facilitating growth in the title insurance marketplace,” Patrick Zalupski, the chairma
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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
OCTOBER 24, 2024
Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a "reverse auction" should compel the brokerage to return to the bargaining table.
Housing Wire
OCTOBER 24, 2024
Compass has made two big additions in Austin and St. Louis. The Weiss Group in Austin is returning after a stint with The Agency , bringing its six-agent team and $75 million in 2023 sales back to Compass. In St. Louis, the 10-agent Monschein Team is leaving Berkshire Hathaway HomeServices. In respective statements, both groups cited Compass’s technology as a key motivator for their moves.
Inman
OCTOBER 24, 2024
This veteran real estate broker with a background in law and luxury is growing The Agency's brand in Massachusetts.
Housing Wire
OCTOBER 24, 2024
Editor’s note: This is the first in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. In the year since a Missouri jury found the real estate industry liable for colluding to artificially inflate agent commissions, a lot has changed — including all of the defendants in the trial settling — but much remains the same
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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
OCTOBER 24, 2024
Propy has launched another facet of its blockchain-based transaction service to make it easier for homes to change hands via cryptocurrency, Propy Crypto Escrow Service.
Housing Wire
OCTOBER 24, 2024
Mutual of Omaha Mortgage ’s reverse division has launched a new program, “Broker Protect,” that aims to offer what it calls industry-first protections to brokers doing business with the company. Mutual of Omaha approved brokers and principal agents will have access to five core protections, including a promise that the lender “will not solicit borrowers established within the broker network.
Inman
OCTOBER 24, 2024
Inman Connect New York is your chance to supercharge your business and network with real estate's best. While you're there, don’t miss these seven world-famous NYC attractions, like Times Square and Central Park, all just steps from the Hilton Midtown.
Housing Wire
OCTOBER 24, 2024
Onity Group , the parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage , announced this week that it will offer $500 million in senior notes due in 2029. The proceeds from this note sale, along with additional cash from the company, will be used to pay off older debt with higher interest rates. The deal was first announced on Monday, when Onity estimated the value of the notes would come in at $475 million.
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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.
Estate Agent Today
OCTOBER 24, 2024
A leading agent wants Chancellor Rachel Reeves to “leave well alone” and stimulate sales and rentals.
Inman
OCTOBER 24, 2024
Clear Cooperation is at the center of one of the most pressing debates in real estate today. Should it evolve or be eliminated entirely? At Inman Connect New York, industry leaders James Dwiggins and Mauricio Umansky will go head-to-head to tackle this critical issue.
RIS Media
OCTOBER 24, 2024
Since inception, the MLS was defined as participating in cooperation and the offer of compensation between brokers. The second half of compensation has been carved away for now. What we have left is cooperation. In my business, I see how cooperation helps consumers daily. There’s an opportunity for MLSs to help seller financing for repairs… The post Is Clear Cooperation Really Helping the Broker and the Seller Today?
Estate Agent Today
OCTOBER 24, 2024
The housing market has come back from worse events than next week's Budget says Jonathan Rolande
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