Trending Articles

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First Community Mortgage selects Blue Sage platform to scale business

Housing Wire

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in. The move allows the lender to have “modernized its mortgage operational processes, boosted productivity and delivered an enhanced borrower experience for its customers,” the company said in a news release.

Mortgages 402
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Commissions won't count against limits, Fannie and Freddie say

Real Estate News

The federal finance giants clarified their policies, confirming that buyer agent compensation won't be applied to concession limits.

Finance 282
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GSEs will not count buyer agent commissions as IPCs

Housing Wire

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday. The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees.

Agents 519
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Should I Wait for Mortgage Rates To Come Down Before I Move?

Keeping Current Matters

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action.

Mortgages 240
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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LA nets biggest deal yet this year at $62.8M for spec mansion

Inman

The European-style home is located in the Hollywood Hills' coveted Bird Streets. The sale marks a breakthrough for a market that's been crippled by high interest rates and a mansion tax.

Sales 193
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How to Assess the Financial Stability of an HOA

RIS Media

Understanding a Homeowner Association’s (HOA) financial stability is crucial for maintaining property values and ensuring residents’ high quality of life. Key examination elements include reserve funds, special assessments and financial planning. Reserve funds cover significant repairs and replacements, special assessments address unforeseen expenses and financial planning ensures long-term stability.

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What agents and brokers can — and can’t — do under new MLS rules

Real Estate News

Bright MLS legal counsel Brian Schneider explained the ins and outs of the NAR settlement rule changes. Here’s what real estate professionals need to know.

MLS 273
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Is It Better To Rent Than Buy a Home Right Now?

Keeping Current Matters

You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home.

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Will lawsuits end 6% commissions? Probably not, 1 law professor says

Inman

A provision in NAR's settlement barring listing agents from offering buyer agents compensation is "largely symbolic," USC professor Jordan Barry said Friday at a University of Minnesota conference.

Agents 179
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Seven Reasons Why the Housing Market STILL Hasn’t Recovered From the Pandemic

Bigger Pockets

The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities.

Marketing 113
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Opinion: Is the industry positioned for a mass exodus of real estate agents?

Housing Wire

In the wake of the recent NAR settlement , coupled with persistently sluggish home sales and high interest rates , real estate agents find themselves at a crossroads marked by uncertainty and unease. Amidst this backdrop, brokerages face a critical task; keeping their agent counts from diminishing. However, with many agents feeling uncertain about their futures, a potential mass exodus from the industry may be looming.

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How are agents paid? Don’t ask buyers

Real Estate News

More than a quarter of consumers surveyed by Redfin don’t know how much their agent was paid, while nearly 20% weren’t sure who provided the compensation.

Agents 286
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Builders Are Building Smaller Homes

Keeping Current Matters

There’s no arguing it, affordability is still tight.

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Zillow launches ‘Home Just Got Real’ ad campaign

Inman

Just in time for spring homebuying, portal powerhouse Zillow has released a new ad campaign aimed at celebrating the persistence of millennial and Gen-Z homebuyers amid market headwinds. The ad series, "Home Just Got Real," includes two 30-second and one 15-second videos that highlight the reasons people buy — a place for their child to grow up or a home big enough for their furry friends — and the lengths they go to achieve their dreams.

Marketing 163
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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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Dispelling Myths About Commissions and the MLS

RIS Media

Editor’s note: The following ‘Myths vs Facts’ were excerpted from recent research, “Dispelling the Myths About Real Estate Commissions and the MLS,” released by Bright MLS. Bright MLS President and CEO Brian Donnellan offers context on the analysis below the comparisons. Myth: Agents steer clients to homes with higher commission rates. Fact: Our analysis of over… The post Dispelling Myths About Commissions and the MLS appeared first on RISMedia.

MLS 113
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Major homebuilder objects to commissions settlement process

Real Estate News

PulteGroup, which potentially has thousands of claims as a seller, raised concerns about “needless and time-consuming” paperwork and lack of transparency.

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Ways To Use Your Tax Refund If You Want To Buy a Home

Keeping Current Matters

Have you been saving up to buy a home this year?

Mortgages 240
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Use intentional reflection to optimize your decision-making

Inman

Embrace reflection as a tool for your growth, coaches Emily Bossert and Melanie Klein write. From clarifying your purpose, to redefining your goals and cultivating adaptability, this practice will allow you to control the ebbs and flows of your business more smoothly.

Agents 173
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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.

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City Releases Detailed Plan for Controversial Housing Zoning Changes

Brownstoner

Taller residences, less parking, and more infill buildings will be allowed in New York City if the mayor’s City of Yes for Housing Opportunity zoning changes go ahead as planned. The draft text for the proposal was released today by the NYC Department of City Planning, the final installment in… Read More > The post City Releases Detailed Plan for Controversial Housing Zoning Changes appeared first on Brownstoner.

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As a ‘higher-for-longer’ rate scenario unfolds, how is the mortgage industry adapting?

Housing Wire

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. If this scenario unfolds, analysts and executives will be ready to update their baseline expectations for 2024, including fewer refinance and purchase loans than previously forecast.

As-is 447
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Commissions, steering and the MLS: Myths and realities

Real Estate News

During a livestream presentation, Bright MLS’s chief economist highlighted some of the most misunderstood topics or mistaken beliefs about real estate.

MLS 214
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Downtown Seattle’s Bed Bath & Beyond building to become an arts center

Seattle Times Real Estate

The organizers behind Bumbershoot are transforming the sprawling, two-floor building into a year-round contemporary art center set to open in early 2025.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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AJ Canaria Creative Services joins LeadingRE Solutions Group

Inman

Global real estate network Leading Real Companies of the World (LeadingRE) has added photography services provider AJ Canaria Creative Services to its Solutions Group, a family of industry vendors it champions to its 550 members.

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Report: Myths and Facts on Buyer-Agent Commissions and the MLS

RIS Media

Above, Lisa Sturtevant and Brian Schneider After its new report, Dispelling Myths About Real Estate Commissions and the MLS, was released April 12, Bright MLS Chief Economist Lisa Sturtevant and legal counsel Brian Schneider spoke in-depth at a virtual presentation about how the National Association of REALTORS®’ (NAR) proposed settlement and other current issues have… The post Report: Myths and Facts on Buyer-Agent Commissions and the MLS appeared first on RISMedia.

MLS 109
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NPR podcast takes a closer look at reverse mortgages

Housing Wire

Because of certain persistent reputational challenges faced by the reverse mortgage industry, it can be challenging for borrowers to find objective informational sources about the product category. That’s what drove a listener of the podcast “The Indicator from Planet Money,” a production of National Public Radio (NPR), to ask hosts Wailin Wong and Darian Woods about the product during a recent episode.

Mortgages 423
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Judges rule against merging commissions copycats — for now

Real Estate News

The ruling leaves open the possibility of consolidation after settlements have concluded. But in the meantime, cases that had been on pause can move forward.

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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

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BiggerPockets Investigates: Did Western Wealth Capital Cost Investors Thousands of Dollars?

Bigger Pockets

How did this syndicator, with all of its promise and potential, fall from grace after several investors claimed they were burned? BiggerPockets set out to find out what went wrong, how it went wrong, and what it means to other investors.

Investor 116
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3 ways to lead by example — and focus on what you can control

Inman

Want to increase your impact and improve your business? New Inman contributor Amy Hullet says the key is taking a genuine interest in people and getting out there to meet them where they are.

MLS 174
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How to Safeguard a New Home: Security and Insurance Tips for First-Time Buyers

RIS Media

When buying your first home, there are many things to know and learn. A few of them include keeping your house secure and selecting the right insurance for your property. Making the right decisions can be complicated when you’ve never done these things. I will aim to educate you on some of the essential considerations.… The post How to Safeguard a New Home: Security and Insurance Tips for First-Time Buyers appeared first on RISMedia.

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Legacy Group Capital acquires home equity investment fintech Rook Capital

Housing Wire

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As [HEIs] evolve and grow into a foundational component of the real estate market, the need to empower builders with a homebuyer-focused HEI is paramount,” Legacy said in its announcemen

Equity 407
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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.