Real Estate News

OCTOBER 29, 2024

A law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.

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299

Housing Wire

NOVEMBER 1, 2024

Today’s jobs report showed the lowest job-growth data for the year at 12,000. You would think this would cause the 10-year yield and mortgage rates to go lower. At first, this did happen, but after more digestion of the data, not only did the bond market give up all the early morning gains, but it headed higher for the day, which confused many. So, I will give you my best explanation, but I need to show all the data that came out this week.

Mortgages 508

Mortgages Residential Construction Marketing 508

Keeping Current Matters

OCTOBER 28, 2024

Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from.

Marketing 256

Marketing Sales 256

Inman

OCTOBER 30, 2024

Tanya Monestier says the settlement "reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it" as attorneys walk away with $333 million in cash.

MLS 195

MLS 195

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

Real Estate News

OCTOBER 30, 2024

With less than a month until the deals are finalized, objectors are making claims of insufficient damages, harm to minorities, lack of accountability and more.

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250

Housing Wire

OCTOBER 26, 2024

Since mid-2022 when mortgage rates headed higher , two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history and inventory has been able to grow from record low levels thanks to mortgage rates staying elevated. We’ve seen some growth in new listings this year compared to 2023 levels, which is good for housing.

Mortgages 522

Mortgages Loan Officer Sales As-is 522

Inman

OCTOBER 31, 2024

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer's agent commissions have seen little impact.

Agents 183

Agents 183

Real Estate News

OCTOBER 31, 2024

September’s low rates gave pending sales a boost, but as mortgage rates climb for a fifth straight week, enthusiasm is expected to wane.

Mortgages 231

Mortgages Sales As-is 231

Housing Wire

OCTOBER 31, 2024

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), is one of the owners of Next Door. As part of the deal that closed Oct. 1, NerdWallet is paying $1 million in cash for the outstanding equity interests of Next Door.

Lending 466

Lending Mortgages Loan Officer Principal 466

Keeping Current Matters

OCTOBER 29, 2024

With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market.

Sales 248

Sales Marketing 248

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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.

Brokerage

Inman

OCTOBER 31, 2024

Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation.

Brokerage 184

Brokerage Industrial 184

Real Estate News

OCTOBER 31, 2024

The major independent firm announced a pair of deals this week that support its strategy of steady growth across the eastern U.S.

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238

Housing Wire

OCTOBER 29, 2024

Is home-price growth finally cooling? That’s a question raised by the S&P CoreLogic Case-Shiller Index for August, which showed deceleration on a year-over-year basis and a slight dip relative to July. On a non-seasonally adjusted basis, the national home price index posted a 4.2% gain year over year, less than the 4.8% gain from July. The monthly index fell by 0.1%.

Mortgages 467

Mortgages MLS Equity Loans 467

Keeping Current Matters

NOVEMBER 1, 2024

Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market.

Marketing 246

Marketing Mortgages 246

Advertisement

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

OCTOBER 28, 2024

Real estate agent Suzanne Simpson has been missing since Oct. 7. Olmos Park authorities have arrested her husband, Brad, for obstructing a search of the couple's home last week.

Agents 178

Agents 178

Real Estate News

OCTOBER 28, 2024

The latest numbers suggest that, for the third consecutive fall season, rates will crest that dreaded threshold.

Mortgages 259

Mortgages 259

Housing Wire

OCTOBER 31, 2024

Interior property data company CubiCasa announced the launch of an interactive touring product for listing agents. The new CubiCasa Tour product will create interactive, virtual property tours within minutes. The new product uses similar software to CubiCasa’s Floor Plans, another virtual listing tool that builds floor plans in five minutes or less.

Property Management 475

Property Management MLS Agents As-is 475

Keeping Current Matters

OCTOBER 31, 2024

Feeling a bit unsure, or even afraid, to move with everything going on right now?

Agents 249

Agents 249

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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

OCTOBER 29, 2024

In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk.

Agents 178

Agents Brokerage Industrial 178

Real Estate News

OCTOBER 28, 2024

Scott Durkin, who led Douglas Elliman Realty, was terminated just days after the CEO of its parent company stepped down.

Brokerage 243

Brokerage 243

Housing Wire

OCTOBER 31, 2024

Over the last decade, real estate transactions have increasingly become a prime target for cybercrime. Far from slowing down, the scams are becoming more prevalent, sophisticated, and difficult to recognize as fraudulent. With October being Cybersecurity Awareness Month, it is important that the real estate industry and consumers speak up and spread the word about how to prevent these real estate cybercrimes.

Title 467

Title Industrial Land Banks 467

Bigger Pockets

OCTOBER 30, 2024

Recently, we shared “8 Reasons Why REITs Are More Rewarding Than Rentals.” In short, studies show that REITs earn 2% to 4% higher annual returns than private real estate.

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126

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.

Agents

Inman

OCTOBER 30, 2024

The Orlando Regional Realtor Association alleges the lockbox company used its confidential member list to entice members to join rival trade groups, but the company denies the allegations.

MLS 174

MLS 174

RIS Media

OCTOBER 31, 2024

A federal judge today gave a final stamp of approval to settlement agreements struck by nine large brokerages, confirming immunity from seller-filed commission lawsuits despite objections from some other plaintiffs. Judge Stephen R. Bough of the Western District of Missouri oversaw a final “fairness hearing” for the agreements struck by Compass, The Real Brokerage, Realty… The post BREAKING: Judge Approves Copycat Settlements for Nine Brokerages appeared first on RISMedia.

Brokerage 122

Brokerage Industrial Agents 122

Housing Wire

OCTOBER 30, 2024

Lower mortgage rates in September had a measurable impact on home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% compared to August and 2.6% year over year. NAR’s index reading of 75.8 is the highest number since March. An index reading of 100 equates to sales activity in 2001.

Sales 475

Sales Mortgages As-is Finance 475

Brownstoner

OCTOBER 30, 2024

The controversial proposal to rezone the Arrow Linen site in Park Slope to make way for two at least 13-story apartment towers has gained the support of Brooklyn Borough President Antonio Reynoso, but Reynoso is calling on developers to deepen the project’s affordability as a condition of his support. Following… Read More > The post BP Backs Controversial Arrow Linen Project, But With More Affordable Units appeared first on Brownstoner.

Development 123

Development As-is 123

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Agents

Inman

OCTOBER 28, 2024

As the players duke it out on the field, Inman readers will decide which star's pad reigns supreme by their votes. The final winner must hit it out of the park to determine the best luxury home of all.

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173

RIS Media

OCTOBER 31, 2024

Recent changes that went into effect following the National Association of REALTORS®’ (NAR) proposed settlement* have impacted how agents work with buyers. While some things have changed, many core principles of buyer representation haven’t. What’s changed: Mandatory written buyer agreements. One of the most significant changes is the requirement for written buyer agreements to be… The post Buyer Representation: What’s Changed, and What Hasn’t appeared first on RISMedia.

Agents 116

Agents Industrial 116

Housing Wire

OCTOBER 31, 2024

In the halls of the Colorado Convention Center on Monday, it was hard not to overhear mortgage bankers gnashing their teeth over the rumored price hikes for Fair Isaac Corp (FICO) scores. “They’ve got us by the balls,” said one mortgage pro in an interview between sales meetings at Mortgage Bankers Association (MBA) Annual 2024 in Denver. “It’s an abuse of power, a complete monopoly.” “It’s outrageous,” huffed another in an interview as he wa

Industrial 458

Industrial Mortgages Closing costs Lending 458

Calculated Risk Real Estate

OCTOBER 29, 2024

From housing economist Tom Lawler: Folks who expected that mortgages rates would decline when the Federal Reserve began cutting its federal funds rate target range have been dazed and confused over the last month and a half. Since the day before the Fed’s 50 bp reduction in its funds rate target on September 18, 30-year MBS yields have surged by 84 to 96 bp, while mortgage rates have jumped by 72 to 89 bp.

Mortgages 116

Mortgages Fixed-rate mortgage Investor Banks 116

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents