Housing Wire

SEPTEMBER 1, 2023

Jobs week cleared up the skies for the Federal Reserve members, who are smiling — big time — after a series of data lines gave them what they wanted: a softer labor market! While the labor market isn’t breaking , it has become more pliant in the data lines the Fed focuses on. After Friday’s jobs report , which had some one-time variables, we can say that the economy is heading into an area where the Fed will feel much more comfortable, and we should not have any more rate hikes.

Bankruptcy 461

Bankruptcy Loans Construction Marketing 461

Real Estate News

SEPTEMBER 1, 2023

A case filed by the Top Agent Network targeting NAR's Clear Cooperation policy was reinstated after previously being dismissed in 2021.

Agents 331

Agents 331

Housing Wire

SEPTEMBER 1, 2023

In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations. Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. This year 75 honorees were honored as HW Insiders.

Technology 447

Technology Development Title Lending 447

Real Estate News

SEPTEMBER 1, 2023

Spencer Rascoff said home search portals may need to pivot in a world where buyers agents are no longer paid via the listing agent’s commission.

Agents 317

Agents 317

Advertisement

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.

Agents

Housing Wire

SEPTEMBER 1, 2023

Thousands of New York City Airbnb listings are vanishing from the market as the city introduces some of the strictest regulations in the U.S. for short-term rentals. Starting on Sept. 5, hosts of short-term rentals will need to register with the city, The Wall Street Journal reported. Airbnb hosts will have to meet several new requirements, including not renting out an entire apartment or home; and being present during guests’ short-term stays.

Industrial 397

Industrial Marketing As-is 397

Real Estate News

SEPTEMBER 1, 2023

Following an FTC settlement in which Black Knight agreed to sell off a portion of its company, the deal is set to close on Sept. 5.

Closing 295

Closing 295

Real Estate News

SEPTEMBER 1, 2023

Adam Wiener, Redfin’s president of real estate services and "moral compass," is leaving after more than 15 years with the company.

247

247

Housing Wire

SEPTEMBER 1, 2023

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ , the companies announced on Friday. The terms of the deal were not disclosed. The transaction will allow Cerberus executives to realize new opportunities as demand for home equity solutions in the U.S. accelerates.

Equity 389

Equity Loan Officer Residential Commercial 389

Inman

SEPTEMBER 1, 2023

Support for the embattled CEO, who many expected to announce his early retirement as a result of a fast-moving harassment scandal, came late Thursday with a statement from new president Tracy Kasper.

MLS 204

MLS 204

Housing Wire

SEPTEMBER 1, 2023

The pace of hiring continued to cool in August, with job gains of 187,000, which is lower than both the 204,000 monthly average for the previous six months and the 399,000 average of 2022, said Realtor.com Chief Economist Danielle Hale. Total nonfarm payroll employment increased by 187,000 jobs, just like in July , according to data released by the Bureau of Labor Statistics.

Construction 388

Construction Residential MLS Mortgages 388

Advertiser: Trellis

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.

Loans

Inman

SEPTEMBER 1, 2023

The Realty Alliance CEO Craig Cheatham illuminates the frequently byzantine path many Realtors follow on their journey up the National Association of Realtors's formidable org chart.

MLS 188

MLS Brokerage Agents 188

Housing Wire

SEPTEMBER 1, 2023

In the wake of the New York Times exposé , which revealed sexual harassment allegations and a “culture of fear” at the National Association of Realtors , the trade organization is throwing its support behind longtime CEO Bob Goldberg. In a statement confirming that a rumored emergency executive committee meeting had occurred on Thursday, newly appointed NAR president Tracy Kasper, who took the helm on Monday after Kenny Parcell’s resignation , said the executive committee was looking into polici

Equity 376

Equity As-is Design Closing 376

Inman

SEPTEMBER 1, 2023

Real estate agents recently revealed to Inman the most unexpected reasons they've lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui.

Agents 187

Agents 187

Housing Wire

SEPTEMBER 1, 2023

Pennymac Loan Services and RoundPoint Mortgage Servicing reported this week their customers were exposed to a data breach through the Sovos Compliance software , per filings with the Attorney General in California. Sovos, which provides services to financial companies, said that its vendor Progress Software had a vulnerability in its MOVEit Transfer application on May 31, 2023.

Principal 369

Principal Loans Mortgages Finance 369

Advertisement

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

SEPTEMBER 1, 2023

Victoria Kennedy, CEO of Atman Real Estate, outlines the ways that AI is already reshaping the real estate industry. If you've been holding off on putting AI to work for your real estate business, the time has come to get off the sidelines.

Industrial 178

Industrial Property Management Technology Agents 178

RIS Media

SEPTEMBER 1, 2023

An essential part of the home-buying process is getting pre-approved for a mortgage. When your lender has checked your finances, they will issue a pre-approval letter. You can use this letter to show sellers you are a serious buyer when you make an offer. A common question among buyers is how long it takes to… The post How Do Mortgage Pre-approvals Work?

Pre-approval 129

Pre-approval Mortgages Finance Industrial 129

Inman

SEPTEMBER 1, 2023

The enhanced property marketing service from the industry’s most popular portal is offered under the company’s ShowingTime+ division, limited to select agents in each market, according to the company.

Marketing 175

Marketing Agents Technology 175

Bigger Pockets

SEPTEMBER 1, 2023

No "Airbnbust" this year. The short-term rental market had a great summer, and demand doesn't look like it's going anywhere anytime soon. These markets had the best jumps this summer.

Investor 123

Investor Marketing 123

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

SEPTEMBER 1, 2023

As summer turns to fall, Inman checked in with Maverick Design’s Trend Report to see the latest in home interiors. From statement stones to daring details, bold looks are drawing attention in 2023.

Design 173

Design Staging Agents Marketing 173

RIS Media

SEPTEMBER 1, 2023

Property Highlights: Where: Los Angeles, California Listing Price: $40,000/month lease Features: Majestic 6,388-square-foot Tudor-style mansion with four bedrooms and five bathrooms. Added Appeal: Gated, private residence with park-like grounds and parking for 10-plus cars. For many folks, finding the perfect home can be nothing short of a fairytale—a dream that can now become a reality… The post The House of Mouse: Walt Disney’s Storybook Mansion Up for Rent appeared first on RISMed

Sales 121

Sales Industrial 121

Inman

SEPTEMBER 1, 2023

Mixed payroll and unemployment report sends long-term interest rates surging, but some analysts say the latest numbers reduce the odds of a September Fed rate hike.

Mortgages 175

Mortgages Marketing 175

Eye on Housing

SEPTEMBER 1, 2023

NAHB analysis of Census Construction Spending data shows that private residential construction spending rose 1.4% in July after an increase of 1.5% in June and 3.5% in May. Spending stood at a seasonally adjusted annual pace of $879 billion. However, total private residential construction spending is still 5.5% lower compared to a year ago. The total construction monthly increase is.

Residential 115

Residential Construction 115

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

Inman

SEPTEMBER 1, 2023

Joseph Wihbey, Productive.ai's COO and head of product, took a different approach than everyone else in his pitch: he simulated a phone call with a potential client to show what the tool can do.

MLS 166

MLS Technology 166

Bigger Pockets

SEPTEMBER 1, 2023

Don’t have the capital OR credit to invest? Seller financing is a powerful tool that could allow you to score multiple real estate deals without ever going through a bank.

Finance 115

Finance Banks 115

Inman

SEPTEMBER 1, 2023

Leslie Clarke and Jeannette Floto's team specializes in the upscale Westport and Fairfield County markets, according to an announcement. In 2022, the two-agent team closed $124.33 million in sales.

Closing 145

Closing Agents Sales Marketing 145

RIS Media

SEPTEMBER 1, 2023

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. –Rates remain stuck above 7% this week, despite a small decrease, with the 30-year fixed averaging 7.18%, according to Freddie Mac. -As China’s closely watched real estate crisis unfolds, banks are lowering existing mortgage rates… The post Mortgage Mix: Black Knight Bought Out; China Chops Rates appeared first on RISMedia.

Mortgages 112

Mortgages Banks Industrial Closing 112

Advertisement

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.

Agents

Inman

SEPTEMBER 1, 2023

Mortgage giants Fannie Mae and Freddie Mac outline relief for victims, including forbearance suspending mortgage payments for up to 12 months.

Mortgages 158

Mortgages Industrial 158

RIS Media

SEPTEMBER 1, 2023

Where do we go from here? This question often rattles around one’s mind after catalyzing events trigger a hard look in the mirror. The New York Times arguably held that mirror up to the National Association of REALTORSⓇ (NAR) earlier this week as the outlet delved into an alleged culture of sexual harassment perpetuated by… The post NAR Stands by CEO Bob Goldberg Amid Controversy appeared first on RISMedia.

Industrial 111

Industrial 111

Inman

SEPTEMBER 1, 2023

With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.

Agents 170

Agents 170

RIS Media

SEPTEMBER 1, 2023

The U.S. added 187,000 jobs in August, and the unemployment rate took a leap to 3.8%, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics. With the unemployment rate jumping from 0.3% to 3.8%, the number of unemployed persons also grew from 514,000 to 6.4 million. August’s data is also… The post Unemployment Jumps to 3.8% appeared first on RISMedia.

Industrial 110

Industrial Marketing 110

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales