Wed.Oct 02, 2024

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Real estate investment leaders talk build-to-rent homes and affordability solutions

Housing Wire

In a recent episode of the “ New Home Insights Podcast, “ John Burns, the founder and CEO of John Burns Research & Consulting , sits down with Don Mullen, founder and CEO of Pretium Partners , for a fireside chat at the Rental Communities Summit. Prior to founding Pretium, Mullen was the head of global credit and mortgages at Goldman Sachs. Pretium is a real estate investment firm that focuses on single-family rental (SFR), build-to-rent (BTR) and fix-and-flip properties.

Lending 459
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Should this 3-page buyer agreement be a model for the industry?

Real Estate News

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.

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Texas-based MLSs announce data sharing agreement

Housing Wire

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

MLS 468
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Secrets To Selling Your House Quickly

Keeping Current Matters

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

Marketing 280
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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UWM beefs up AI chatbot with instant feedback on products and comp

Housing Wire

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

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2 more brokerages agree to settle in commissions case

Real Estate News

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

Brokerage 235

More Trending

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NAR vows to assess legal risk of current policies

Inman

New CEO Nykia Wright told NAR's board of directors the trade group's next step will be to develop a "comprehensive" litigation strategy and size up any additional legal exposure related to its rules.

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CoreLogic home-price report shows slowest appreciation rate since July 2023

Housing Wire

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 454
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3 reasons real estate agents should be investing in real estate

Inman

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
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With sale finalized, REcolorado names Dana Bennett as new CEO

Housing Wire

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

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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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Homebuyers entering the market even as mortgage rates stabilize

Inman

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 167
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Boston suburb’s housing battle with state echoes national issues

Housing Wire

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

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Court doc accuses Josh Team of taking ‘kickbacks’ — he calls it ‘false story’

Inman

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 162
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Top Agent Network renews antitrust suit aimed at NAR’s Clear Cooperation Policy

Housing Wire

Top Agent Network (TAN) is not backing down in its antitrust lawsuit against the National Association of Realtors (NAR). After being dismissed with prejudice in 2021 after a lower court ruled that TAN failed to state a claim with prejudice in its third amended complaint, the plaintiff appealed the ruling to the Ninth Circuit Court of Appeals. In August 2023, the appeals court chose to vacate the lower court’s ruling by ruling that the allegations made in TAN’s suit were nearly identical to tho

Agents 413
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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The tiny Washington town that ruled Airbnb this summer

Inman

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 163
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HUD counseling head says partnership with reverse mortgage industry ensures seniors’ safety

Housing Wire

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.

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How you can help victims of Hurricane Helene

Inman

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 169
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Arc Home adds OptifiNow’s advanced CRM to aid sales, marketing efforts

Housing Wire

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 397
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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DropOffer updates help buyers go it alone

Inman

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 159
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How You Can Legally Minimize Rental Property Taxes as Much as Possible

Bigger Pockets

As a landlord, you probably already know that taxes are unavoidable, but that doesn’t mean you can’t minimize them and keep more of your hard-earned cash.

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Nation’s biggest mortgage lender, UWM, jumping on AI bandwagon

Inman

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 157
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5 Steps to Starting a Short-Term Rental Business

Bigger Pockets

So, you’ve decided to dive into the world of short-term rentals—whether it’s Airbnb, VRBO, or whatever acronym you want to use. Congratulations!

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Lessons learned from selling an ‘unsellable’ historic home in LA

Inman

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.

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Harnessing Transparency and Technology for Success

RIS Media

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.

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After Helene, your next CMA better include climate risk

Inman

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 151
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Breaking: Two More Independents Settle Seller Commission Lawsuits

RIS Media

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.

Brokerage 111
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.

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Adam Neumann expands real estate empire with Miami condos

Inman

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 151
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Seattle’s Grand Illusion Cinema closing this winter, hopes to relocate

Seattle Times Real Estate

The Grand Illusion Cinema, a Seattle volunteer-run nonprofit, will close after a last screening on Jan. 31 with hopes of relocating.

Closing 115
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5 best tools and strategies for multifamily lease retention

Inman

It's much easier to keep great tenants than to find them in the first place. That's why an effective retention strategy is essential for multifamily investors, Michael Zaransky writes.

Investor 146
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Community Board Votes No on Contentious Arrow Linen Rezoning in Park Slope

Brownstoner

Following a raucous pair of hearings in which locals clashed over a proposal to rezone a Park Slope property to allow 13- to 19-story apartment buildings, Community Board 7 rejected the plan last month. At issue is how to redevelop the site of longtime commercial laundry Arrow Linen at 467… Read More > The post Community Board Votes No on Contentious Arrow Linen Rezoning in Park Slope appeared first on Brownstoner.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.