Housing Wire

AUGUST 15, 2024

As home prices rise and high interest rates persist, many Americans are delaying purchasing a home, believing they cannot afford it or that now is a bad time to buy. However, waiting is not an option for homebuyers in pivotal chapters of their lives—whether starting a family or setting the stage for long-term financial stability. Why many would forego homeownership during a challenging mortgage market is easy to understand.

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Industrial Fixed-rate mortgage Banks Loans 476

Keeping Current Matters

AUGUST 15, 2024

When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle.

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Agents 331

Housing Wire

AUGUST 15, 2024

Swiss bank UBS Group AG has decided to sell Credit Suisse ’s mortgage servicing company, Select Portfolio Servicing (SPS), to a group of investors led by Sixth Street , HousingWire has learned. Investment firm Davidson Kempner Capital Management is a co-investor. Representatives at Credit Suisse, Davidson Kempner and Sixth Street declined to comment.

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Investor Mortgages Banks Principal 476

Real Estate News

AUGUST 15, 2024

On the Real Estate Insiders Unfiltered podcast, Nykia Wright pleaded with real estate pros to keep complaints in the family while pledging to earn their trust.

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Housing Wire

AUGUST 15, 2024

Sky-high home prices and elevated mortgage rates are putting increasing strain on homeowners. That’s the takeaway from two reports released this week showing that foreclosure activity and mortgage delinquencies are rising. According to the Mortgage Bankers Association (MBA), the second-quarter 2024 delinquency rate for mortgages on one- to four-unit residential properties increased to 3.97% on a seasonally adjusted basis.

Mortgages 475

Mortgages VA loan FHA loan Staging 475

Real Estate News

AUGUST 15, 2024

In a webinar for agents, Real’s president discussed rule changes and best practices, noting that more than a third of agents don’t even know about the lawsuits.

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Agents 274

Real Estate News

AUGUST 15, 2024

Mortgage rates were relatively flat this week, remaining just under 6.5%, but buyers appear to be biding their time and waiting to see if rates fall further.

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Mortgages 260

Housing Wire

AUGUST 15, 2024

Attorneys for the U.S. government, working on behalf of Ginnie Mae and the U.S. Department of Housing and Urban Development (HUD), last week filed a slew of new documents in their court case against Texas Capital Bank (TCB). These were primarily in response to the bank’s prior motion for a partial summary judgment and offer reasons why the motion should be denied.

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Real Estate News

AUGUST 15, 2024

CEO Glenn Kelman laid out what changes consumers could expect when working with the company’s agents, but his message was light on fee details.

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Agents 232

Housing Wire

AUGUST 15, 2024

The new rules mandated by the National Association of Realtors ‘ (NAR) settlement of class-action lawsuits related to buyer agent commissions take effect in just two days, and brokerages and MLSs are scrambling to find the best ways to implement them. The Real Brokerage is going all out to prepare its agents as it has created a “ playbook ” for navigating the new industry realities.

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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

Inman

AUGUST 15, 2024

The association aims to offer an alternative to NAR and is launching its membership program when there is a "lot of dissatisfaction with the status quo," according to one co-founder.

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MLS Industrial Agents 192

Housing Wire

AUGUST 15, 2024

For seniors who live alone and may not have easy access to public transportation, relatively simple tasks such as grocery shopping or medical appointments become much more difficult to complete. Volunteer and nonprofit groups can often step in to fill the void in these situations. Two examples are happening in the Pittsburgh metro area, where seniors are granted access to free, non-medical care to assist with a variety of daily needs.

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As-is Finance 448

Inman

AUGUST 15, 2024

Olympic gold medalist Simone Biles isn't sitting back and relaxing after a successful run at the 2024 Paris Olympic Games. Now that the gymnast is back in Texas, she is returning to the ongoing construction of her dream mansion.

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Construction New Construction Design 189

Housing Wire

AUGUST 15, 2024

Toronto-based Bank of Nova Scotia , which operates as Scotiabank , has hired a group of JPMorgan Chase Bank executives to lead a new mortgage capital markets business that expects to launch this fall. Industry veteran Thanh Roettele , who spent more than 28 years at JPMorgan and was the managing director of its mortgage warehouse finance business, is transitioning to Scotiabank.

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Mortgages Banks Finance Lending 448

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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.

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Inman

AUGUST 15, 2024

In an interview with NextHome CEO James Dwiggins, NAR interim CEO Nykia Wright urged members to lean back into engaging the 1.

MLS 186

MLS Brokerage Industrial Agents 186

Housing Wire

AUGUST 15, 2024

Editor in Chief Sarah Wheeler sat down with Lofty CTO Henry Li to talk about the boundaries of artificial intelligence and how it’s reshaping his company’s roadmap. Sarah Wheeler: What differentiates Lofty’s technology? Henry Li: Lofty is a platform product — that’s been our vision from day one. We want to be the operating system for our users and their essential operating staff — for agents, Realtors, and brokers, no matter how big they are.

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Technology Agents As-is Property Management 444

Inman

AUGUST 15, 2024

Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll.

Brokerage 167

Brokerage Agents Marketing 167

Housing Wire

AUGUST 15, 2024

While it might seem incredibly complicated to guide both owned brokerages and franchisees through the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement , Anywhere Real Estate views having both models under its umbrella as a blessing. “The beauty of a franchise network is it is not just us looking out across our business that we feel compelled to run and make all the decisions — we have this back and forth, where franchisees also inform us, and I thin

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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.

Agents

Inman

AUGUST 15, 2024

Industry veteran Alex Perriello says that to fix the affordability problem in America, agents need to get involved, and smart tax incentives need to be offered.

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Industrial Agents Marketing 166

Housing Wire

AUGUST 15, 2024

Real estate technology company Voxtur Analytics Corp. announced this week that Ryan Marshall was promoted to the role of CEO. He previously served as the company’s chief operating officer and chief product officer. “I am honored to take on the role of CEO at Voxtur,” Marshall said in a statement. “With the overwhelming support of our shareholders, employees, and clients, we are poised to build on our successes and address the challenges from the past.

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Inman

AUGUST 15, 2024

The team that founded EasyKnock-acquired power buyer Ribbon has launched Indigo, an artificial intelligence-powered transaction management and home search platform. The platform is only available in Charlotte and is free to use until Oct. 1.

Technology 159

Technology Agents 159

RIS Media

AUGUST 15, 2024

Selling a condo involves unique challenges and considerations. My guide will explore navigating HOA rules, understanding special assessments and necessary disclosures. I will also provide insights on how long it takes to sell a condo and the best times based on location and seasonality. From my thirty-eight years of experience, you will also get specific… The post Common Challenges in Selling a Condo: A Comprehensive Guide appeared first on RISMedia.

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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

AUGUST 15, 2024

This fall, Texas-sized opportunities await you at Inman Connect Austin 2024, where the stars of real estate align with the Lone Star State's unstoppable market on Oct. 8-9, 2024.

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Marketing Brokerage Agents 158

Bigger Pockets

AUGUST 15, 2024

We’re currently in a home insurance crisis. Everyone (except for Henry, apparently) is feeling the sting of home insurance prices rising significantly year after year.

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Investor Marketing 130

Inman

AUGUST 15, 2024

Meeting and exceeding client expectations, mega team leader Carl Medford writes, means making sure you're communicating with them and helping them understand their transaction process.

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Brokerage Agents 158

Seattle Times Real Estate

AUGUST 15, 2024

More than one in eight Seattle homes were a single room in 2022, the highest share among the nation's 100 largest cities, FYI Guy writes.

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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

AUGUST 15, 2024

The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, here's the breakdown of who's up and who's down.

Marketing 154

Marketing Brokerage 154

RIS Media

AUGUST 15, 2024

All eyes are locked on the upcoming November court date that will decide whether the proposed actions from the National Association of REALTORS®’ (NAR) settlement receive final approval. As changes begin to take effect this month, however, the frenzy of what-ifs continues to run rampant, and Clever Real Estate is the latest organization to throw… The post NAR Settlement-Driven Changes Are Imminent—What Do Homebuyers and Sellers Think?

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As-is Technology Industrial Agents 122

Inman

AUGUST 15, 2024

Your leadership defines your legacy, especially in the face of industry challenges. Luxury consultant Chris Pollinger offers a team-building prescription for tough times.

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Industrial Brokerage Agents Marketing 147

RIS Media

AUGUST 15, 2024

Editor’s note: Robert Reffkin will be one of 120+ speakers at RISMedia’s 36th Annual CEO & Leadership Exchange, September 4-6, in Washington, D.C. Learn more and register to attend at [link] Having grown up as the son of a real estate agent, I know firsthand that this business is built on change. As the first… The post Op-Ed: We Must Remain a Unified Force appeared first on RISMedia.

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Agents As-is Technology 119

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