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.
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
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.
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.
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
AUGUST 15, 2024
The American Real Estate Association , an industry trade group founded by Mauricio Umansky and Jason Haber , is launching its membership program. On Thursday, Umansky and Haber announced that the trade group is rolling out its membership plan for 2024 and 2025. Up until this point, the association has been self-funded by Haber and Umansky. But in the announcement, they noted that in order to further expand the group’s influence and reach, it would need to collect dues from members.
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
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.
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.
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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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
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.
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.
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.
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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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
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.
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.
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.
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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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
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.
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.
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.
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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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
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.
RIS Media
AUGUST 15, 2024
With the exception of one increase over the Fourth of July, the average mortgage rate has either dipped or remained flat for the last 10 weeks, continuing the trend this week with little movement and remaining at its lowest level in over a year. This week’s Primary Mortgage Market Survey® (PMMS®) from government-sponsored enterprise (GSE)… The post Mortgage Rates Remain at Lowest Level in Over a Year appeared first on RISMedia.
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.
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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Inman
AUGUST 15, 2024
The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis.
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.
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.
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?
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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