Housing Wire
JULY 1, 2024
HousingWire is excited to announce the winners of the 2024 Women of Influence award, recognizing 100 women who are shaping and propelling the housing economy forward with their impressive achievements. This year marks the 15th year of this award program. Many of this year’s winners mentor women in the industry, paving the way for a new generation of leaders.
Keeping Current Matters
JULY 1, 2024
If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment.
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Housing Wire
JULY 1, 2024
In the game of housing crisis Rochambeau, we play with income, inventory, and policy. Inventory cannot beat inadequate incomes, but better compensation policies can. The labor market has reached peak disengagement rates, partially driven by historic strikes , resignations , non-participation , and silent quitting. By splitting the workforce into five income groups to view homeownership rates, we lay bare a cause for retreat from an increasingly unfair labor market – a system with four times more
Real Estate News
JULY 1, 2024
“More than two dozen people” in Texas have sued EasyKnock over its sale-leaseback program, an NPR investigation found, adding to the company's legal woes.
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
JULY 1, 2024
Massoud Atallah is leaving Anywhere Real Estate to join Lamacchia Realty. On Friday, the Anthony Lamacchia -helmed firm announced that Atallah had recently joined Lamacchia Realty as its new senior vice president of business development. According to the new release, Atallah will focus on agent recruiting and retention, with a goal of growing the firm in both New England and Florida.
Real Estate News
JULY 1, 2024
Another group of plaintiffs has filed an appeal in the RE/MAX, KW and Anywhere settlements, while the brokerages offered new arguments for dismissing Batton.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
JULY 1, 2024
The brokerage giant announced new leaders in its commercial and coaching divisions as well as its nonprofit, KW Cares; Tomo's co-founder steps down.
Housing Wire
JULY 1, 2024
Proper Rate , a joint venture between Guaranteed Rate and residential brokerage @properties , has tapped Chris Knapp to lead the company as president. Knapp boomeranged back to Chicago-headquartered Guaranteed Rate after he left in 2019. He held posts at rivals CrossCountry Mortgage , Draper & Kramer Mortgage Corp. and, most recently, Wintrust Mortgage , where he was a vice president. “I’m delighted to welcome back Chris Knapp as president of Proper Rate.
Real Estate News
JULY 1, 2024
New FAQs from the MLS and from its current owners, DMAR and SMDRA, shed light on user fees post-sale, but the timing and price of the deal remain undisclosed.
Housing Wire
JULY 1, 2024
Chicago-based Guaranteed Rate , one of the country’s largest mortgage lenders, has rebranded to Rate. The company made the announcement Monday on social media. “Today, we’re rebranding as Rate,” the company posted on LinkedIn. “Just like our streamlined name, we’re committed to making the mortgage process smoother, faster and smarter, using AI to empower both customers and loan officers alike.
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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.
Real Estate News
JULY 1, 2024
ATTOM’s midyear review looks at where housing supply is headed along with what to expect with home prices and foreclosures.
Housing Wire
JULY 1, 2024
Federal Housing Finance Agency (FHFA) Director Sandra Thompson recently announced its conditional approval of Freddie Mac pilot to purchase second mortgages. I’ve personally been an outspoken supporter of this endeavor and I applaud this decision. The Community Home Lenders of America (CHLA) immediately issued a statement of support for this pilot.
Inman
JULY 1, 2024
Digital marketing expert Marci James offers tips to help you elevate your real estate website with backlinks and on-page SEO, improve your digital footprint and earn top-of-mind name recognition in your local market and beyond.
Housing Wire
JULY 1, 2024
In light of market fluctuations and regulatory changes, mortgage lenders face significant challenges in today’s market. Even at the highest demand levels in 2024 , purchase mortgage applications were nearly 45% lower compared to the same weeks in 2018 and 2019, exacerbated by record-high origination costs. Freddie Mac’s recent study reveals the average cost to originate for the top 25% of performers is $6,900, rising to $16,500 for the bottom 25%.
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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
JULY 1, 2024
Those business generating free cash flow are best-positioned for growth, shareholder returns and value-added new ventures, Mike DelPrete writes.
Housing Wire
JULY 1, 2024
The last week of June is really the peak of the homebuying season. Activity and prices typically start their seasonal decline very closely tied to the transition into the third quarter of the year. This coming week includes the July 4 holiday, which falls on a Wednesday, so the coming data will have a dip across the board. Inventory , new listings, etc. all dip over Independence Day, and the second half of the year curves lower.
Inman
JULY 1, 2024
Expectations for future buyer pipelines have started to improve after a rough four-month stretch. Intel unpacks the latest developments with its Client Pipeline Tracker, fueled by the Intel Index.
Housing Wire
JULY 1, 2024
Naples, Florida -based Premier Sotheby’s International Realty is shaking up its C-suite. On Monday, the firm announced that Adam Kaufman will be joining the firm as the senior vice president of the firm’s new development division. In this role, Kaufman will oversee sales and marketing efforts for the company’s new development projects across Florida and North Carolina.
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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
JULY 1, 2024
A brokerage with access to a commercial division, Troy Palmquist writes, experiences a whole new way of serving clients, adding value and creating professional synergies
Housing Wire
JULY 1, 2024
Redfin and Zillow are at the center of two video privacy suits that were filed on June 25 in the U.S. District Court for the Southern District of California. In two separate lawsuits, plaintiff Guillermo Mata accuses the real estate companies of violating the Video Privacy Protection Act and the California Invasion of Privacy Act by allegedly sending consumers’ personally identifiable data — including names and email addresses — to third-party firms such as Facebook parent Meta and Google parent
Inman
JULY 1, 2024
Choosing just four of these 12 categories will help you recruit more effectively and efficiently and open up new avenues for growth, coach Verl Workman writes.
Housing Wire
JULY 1, 2024
Michigan -based ERA Prime Real Estate Group has acquired Southgate, Michigan-based Compass Realty Pro , the company announced on Monday. The financial terms of the deal were not disclosed. According to the announcement, this acquisition will expand ERA Prime Real Estate Group’s market share in southeast Michigan. ERA Prime, which was founded in 2017 by Willie Ray III, currently has offices in Farmington and Grand Blanc, Michigan.
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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
JULY 1, 2024
This month, Inman looks at luxury real estate to develop a working definition and determine how to differentiate services for discerning luxury clients.
Housing Wire
JULY 1, 2024
Yet another party has taken a stand in the Nosalek commission lawsuit. On June 20, Dmitry Shkipin — who runs development and operations at HomeOpenly.com — filed an amicus brief that takes aim at the changes to the agent commission structure outlined by the Department of Justice in its statement of interest. In his brief, Shkipin claims that the statements made by the DOJ are “not entirely accurate” and that the DOJ “contradicts information in its own publication.
Inman
JULY 1, 2024
Before executive roles at CrossCountry Mortgage, Draper and Kramer, and Wintrust, Knapp spent more than a decade as a loan originator and executive at Guaranteed Rate.
Housing Wire
JULY 1, 2024
Texas Capital Bank (TCB) is seeking a new partial summary judgment in its suit against Ginnie Mae. The suit alleges that the government-owned company “extinguished, in return for no consideration, TCB’s first priority lien on tens of millions of dollars in collateral” stemming from the Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) program.
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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.
Seattle Times Real Estate
JULY 1, 2024
The state has begun offering down-payment and closing-cost assistance to Washingtonians whose families faced housing discrimination.
Eye on Housing
JULY 1, 2024
Private residential construction spending was down 0.2% in May after surging 0.9% in the prior month, according to the Construction Spending. Nevertheless, spending remained 6.5% higher compared to a year ago. The monthly decline in total private construction spending for May is largely due to reduced spending on single-family construction. Spending on single-family construction fell.
RIS Media
JULY 1, 2024
Selling a condo “as is” can be a strategic choice but comes with benefits and challenges. When you sell a property as is, you agree to sell it in its current condition without making any repairs or improvements. I have put significant effort into educating you on the following information: The key benefits of selling… The post Pros and Cons of an As-Is Condominium Sale appeared first on RISMedia.
Maximum Exposure Real Estate
JULY 1, 2024
A real estate listing agreement is crucial for selling your property. You will execute the contract with a Realtor who agrees to sell your house. Understanding its intricacies can save you time, money, and stress. I have put considerable effort into explaining everything you should know before signing a listing agreement: The types of real […] The post Crucial Things to Understand About Real Estate Listing Contracts appeared first on Maximum Real Estate Exposure.
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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