Housing Wire

OCTOBER 2, 2024

Three Texas-based multiple listings services (MLSs) are teaming up. The Houston Association of Realtors (HAR) , San Antonio Board of Realtors (SABOR) and Austin-based Unlock MLS are entering into a data sharing agreement that will give Realtors access to each other’s listings, with the deal set to be finalized by the end of the year. “Comparative market intelligence empowers agents to think differently about their own marketplace and deliver more robust and tailored market expertise to their cli

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MLS Agents Marketing As-is 421

Real Estate News

OCTOBER 2, 2024

University at Buffalo School of Law professor Tanya Monestier’s draft agreement gets most agents “90% of the way there,” she told Real Estate News.

Industrial 243

Industrial Agents 243

Housing Wire

OCTOBER 2, 2024

United Wholesale Mortgage (UWM) announced new enhancements to its artificial intelligence -based chatbot on Wednesday, including the ability for brokers to “chat with documents,” calculate income immediately and help identify products that match borrowers’ needs. The wholesale lender launched an AI-powered search engine dubbed ChatUWM in May 2024. The chatbot provides instant responses to clients — guidelines, matrices, and lender tools among other information — based on the company’s knowledge

Technology 408

Technology Loans Mortgages 408

Real Estate News

OCTOBER 2, 2024

John L. Scott and Real Estate One are the latest firms to reach a deal in the Gibson/Umpa class-action lawsuit.

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Brokerage 236

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Agents

Housing Wire

OCTOBER 2, 2024

The brokerages and non-Realtor-owned MLSs that decided to opt in to the National Association of Realtors’ (NAR) commission lawsuit settlement agreement can breathe a sigh of relief. As expected, Judge Stephen R. Bough, who is overseeing the Sitzer/Burnett and Gibson/Umpa suits, granted preliminary approval to the 13 brokerages and 15 MLSs that chose to settle the commission lawsuits via the opt-in mechanism negotiated by NAR in its settlement.

Brokerage 400

Brokerage As-is MLS 400

Housing Wire

OCTOBER 2, 2024

At any point this year, have you worried about how to articulate the value you bring when representing a homebuyer in a real estate transaction? You know what you do, but how do you explain it so a buyer understands your value? Do you detail the required agency forms, the potential pitfalls, and everything involved to make it to the closing table? Ultimately, every homebuyer prospect, every contract and every negotiation is unique, but the value you provide should be consistent for all situation

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Pre-approval Inspection contingency Proof of funds Inspection 392

Inman

OCTOBER 2, 2024

A company called Aika says it paid $10 million in kickbacks to the SERHANT. president while he was still at Keller Williams. But Team contends the story is part of Aika's effort to get out of paying its bills.

Brokerage 176

Brokerage Industrial 176

Housing Wire

OCTOBER 2, 2024

HomeEquity Bank , the leading reverse mortgage lender in Canada , recently conducted a survey and found that the country’s retirees ages 75 and older were generally happier with their lives than workers in their 50s who are approaching retirement. “According to the findings, 95% of Canadians 75 and older said they are very or somewhat satisfied with their lives, compared to just 79% of Canadians in their 50s,” according to the report.

Mortgages 382

Mortgages Banks Finance As-is 382

Inman

OCTOBER 2, 2024

Although it's a wholesaler that doesn't work directly with consumers, UWM has rolled out AI tools this year to help mortgage brokers serve both homebuyers and homeowners who might benefit from refinancing.

Mortgages 175

Mortgages Technology 175

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Agents

Housing Wire

OCTOBER 2, 2024

REcolorado has taken a big step toward moving on from its controversial sale earlier this year. The Denver -area MLS has named a new CEO in Dana Bennett, who returns to REcolorado after an 18-month stint away from the company. Bennett’s most recent role at the MLS was as vice president and chief business development officer, and she originally joined REcolorado as director of integrated solutions in 2012. “Dana brings the ideal combination of local market expertise and strong industr

Purchase and sale agreement 381

Purchase and sale agreement Sales MLS Industrial 381

Inman

OCTOBER 2, 2024

Two-and-a-half hours from Seattle, Quincy has become the top Airbnb destination in the US. The 8,225-person town is known for its wineries, music and outdoor attractions.

Marketing 176

Marketing 176

Housing Wire

OCTOBER 2, 2024

As localities across the country wrestle with housing shortages, one Massachusetts town will make its case to a panel of judges next week to argue against a plan that requires the construction of more multifamily units, according to reporting by USA Today and state records reviewed by HousingWire. As part of the broader community operating within the service area of the Massachusetts Bay Transportation Authority (MBTA), the affluent Boston suburb of Milton — with a population of roughly 29,000 p

Construction 364

Construction Development Design As-is 364

Inman

OCTOBER 2, 2024

Fifteen MLSs and 13 brokerages that chose to opt-in to NAR's commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450 million.

Brokerage 170

Brokerage MLS 170

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Brokerage

Housing Wire

OCTOBER 2, 2024

The Federal Reserve ’s 50 basis-point interest rate cut in September is already making an impact on housing markets across the country. But high mortgage rates and affordability challenges put a damper on home-price growth in August. That’s according to CoreLogic ’s Home Price Index, which showed that prices rose 3.9% during the year ending August 2024.

Mortgages 356

Mortgages Marketing As-is Sales 356

Inman

OCTOBER 2, 2024

DropOffer deploys an artificial intelligence component to support the buyer in their pursuit of the right home, a feature that provides deep market and property analysis for the user to support their outreach and potential offer.

Marketing 168

Marketing Sales Technology 168

Housing Wire

OCTOBER 2, 2024

David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban Development (HUD), addressed industry attendees at the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego last week. He emphasized the important role that the public-private partnership between the industry and HUD represents for the constituency served by these loan products.

Industrial 339

Industrial Mortgages Finance Development 339

Inman

OCTOBER 2, 2024

The WeWork founder had been set to focus on apartments with a new mysterious company called Flow. He has since added the condos and invested in an Israeli real estate firm.

Brokerage 169

Brokerage Agents 169

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Loans

Housing Wire

OCTOBER 2, 2024

OptifiNow announced the implementation of its high-tech customer relationship management (CRM) platform with nonqualified mortgage ( non-QM ) lender Arc Home LLC on Tuesday. The platform offers a new broker scoring system designed for better account management and a tagging system to improve email marketing campaigns. The CRM company launched in 2016 to provide third-party origination (TPO) mortgage lenders with account management, sales and email marketing through its software-focused approach.

Sales 330

Sales Marketing Lending Loans 330

Inman

OCTOBER 2, 2024

Implement the knowledge you already have to increase your income and grow your wealth as a real estate investor, investor and new Inman contributor Avery Carl writes.

Investor 170

Investor Agents Marketing 170

Keeping Current Matters

OCTOBER 2, 2024

Seeing your house sit on the market without any bites is the ultimate frustration.

Marketing 199

Marketing 199

Inman

OCTOBER 2, 2024

Purchase loan applications are up 9 percent from a year ago, as inventories of new and existing homes increase and lower mortgage rates help with affordability: MBA.

Mortgages 170

Mortgages Marketing Loans 170

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Agents

RIS Media

OCTOBER 2, 2024

Ryan Rodenbeck Owner Spyglass Realty, a member of Leading Real Estate Companies of the World® Austin, Texas [link] Region served: Greater Austin Years in real estate: 20 Number of offices: 2 Number of agents: 145 How do you ensure open and honest communication with your agents, especially when it comes to their performance and growth?… The post Harnessing Transparency and Technology for Success appeared first on RISMedia.

Technology 111

Technology Agents Industrial 111

Inman

OCTOBER 2, 2024

Realtor.com’s newest feature is made possible through an integration with a third party data visualization company called TopHap. The application delivers socioeconomic and environmental insights through a dynamic map interface.

Land 164

Land Technology 164

RIS Media

OCTOBER 2, 2024

On a postcard-perfect Thursday morning in mid-September, at two open houses in tony Westport, Connecticut, listing agents Maryann Ross-Levanti and Kim Harizman each spent several hours hosting as fellow REALTORS® and potential buyers came-a-calling. Both Ross-Levanti’s $4.2 million property and Harizman’s $800,000 home had just gone up for sale. While representing abodes in the town’s… The post Post-Settlement Open Houses: More Paperwork and Effort, but Still Super-Worthy appeared first o

Sales 111

Sales Agents Development MLS 111

Inman

OCTOBER 2, 2024

Communities are just beginning a long road to recovery. Reference this list of resources to learn where to donate money or supplies or sign up to volunteer.

Brokerage 176

Brokerage Agents Marketing 176

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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

RIS Media

OCTOBER 2, 2024

After four straight weeks of increases, home purchase applications registered a slight decline this week, but economists note that overall activity remains much higher than this time last year. According to the latest Weekly Applications Survey from the Mortgage Bankers Association (MBA), mortgage applications decreased 1.3% from last week’s 14.2% surge.

Mortgages 110

Mortgages Industrial Marketing 110

Inman

OCTOBER 2, 2024

Taking on the requirements and challenges of renovating and selling an historic home is not for the faint of heart, LA's Craig Spano writes, but the rewards make it all worthwhile.

Renovation 157

Renovation Design Agents Marketing 157

RIS Media

OCTOBER 2, 2024

Two more large independent brokerages—John L. Scott Real Estate, which does business primarily in the Pacific Northwest, and Real Estate One, based in Michigan—have reached settlements in the seller commission lawsuits, according to court filings. Details of the agreements were not immediately available. Representatives from both brokerages did not immediately respond to a request for… The post Breaking: Two More Independents Settle Seller Commission Lawsuits appeared first on RISMedia.

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Brokerage Industrial Agents 109