Housing Wire

MAY 6, 2024

Legendary investor Warren Buffett and Greg Abel, the CEO of Berkshire Hathaway Energy , addressed the commission lawsuits and HomeServices of America’s recently announced settlement of the suits, during Berkshire Hathaway’s annual shareholder meeting on Saturday. “There is no question that the industry will go through some transitions because of the settlements — ours and every other major player in the industry settled, the National Association of Realtors settled for more than $400 million ,”

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Real Estate News

MAY 6, 2024

The Berkshire Hathaway CEO, along with Vice Chair Greg Abel, spoke about the HomeServices settlement and more during the company's annual shareholder meeting.

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Housing Wire

MAY 6, 2024

Redfin has joined the growing list of real estate brokerages that have settled the commission lawsuits. In a document filed with the Securities and Exchange Commission (SEC) on Monday, the brokerage announced that it had reached a nationwide settlement agreement on Friday with the plaintiffs in the consolidated Gibson and Umpa commission lawsuits. As part of the settlement agreement, Redfin has agreed to pay $9.25 million into a qualified settlement fund within 30 days of the court’s preliminary

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Real Estate News

MAY 6, 2024

Mortgage assumptions aren’t new, but they’re about to get a lot more popular because the math works for both sides of the closing table.

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Mortgages Agents Closing 240

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Housing Wire

MAY 6, 2024

Utah-based Capital Community Bank (CCBank) has struck a deal to acquire Security Home Mortgage (SHM), which will become an independent subsidiary division of the bank, the parties announced on Friday. The financials of the deal were not disclosed. According to the Nationwide Multistate Licensing System (NMLS), SHM provides home mortgage solutions in six states through a network of four branches and 62 licensed loan officers.

Mortgages 381

Mortgages Loan Officer Banks Equity 381

Real Estate News

MAY 6, 2024

The company is the 10th brokerage to agree to pay into a settlement fund, which is approaching $1 billion.

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Brokerage 246

Real Estate News

MAY 6, 2024

Fair housing advocates and AREAA filed a suit claiming a law prohibiting property sales to certain non-U.S. citizens puts agents in an untenable position.

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Housing Wire

MAY 6, 2024

AI -powered real estate assistant Sidekick unveiled a partnership with the San Francisco Association of Realtors (SFAR) on Monday. The collaboration will allow the region’s 4,000 agents to leverage Sidekick’s integrated datasets and workflows, making SFAR the first association to offer a generative AI assistant to its members. Launched in November 2023, Sidekick features many functionalities, including real-time market and property data retrieval abilities, valuation analyses and a suite of prod

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Inman

MAY 6, 2024

Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman had each already reached settlement agreements in the case, and the court has preliminarily approved those settlements.

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Brokerage Agents 147

Housing Wire

MAY 6, 2024

Representatives of the Mortgage Bankers Association (MBA) and the Housing Policy Council (HPC) are urging leaders at the U.S. Department of Veterans Affairs (VA) to delay a mandatory compliance date with the agency’s Veteran Affairs Servicing Purchase (VASP) program, which aims to prevent foreclosures against military personnel who experienced financial hardship due to the ongoing economic consequences of the COVID-19 pandemic.

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Loans Mortgages As-is Lending 376

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

MAY 6, 2024

Sidekick was developed by San Francisco-based boutique brokerage Avenue 8. It primarily uses a text interface to send commands to retrieve data, execute tasks and in many ways, function as a common, “visual” interface would. It's now offered to members of SFAR.

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Brokerage Development MLS Technology 157

Housing Wire

MAY 6, 2024

Rocket Companies , the parent of Rocket Mortgage , announced on Monday that it has hired Shawn Malhotra, a former Thomson Reuters and Intel executive, as the first chief technology officer (CTO) in the company’s history. Malhotra will oversee, among other areas, the firm’s artificial intelligence (AI) development, data science, product engineering, technology operations and information security.

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Technology Development Mortgages Loans 359

Inman

MAY 6, 2024

While we like to create goals and supportive strategies several months before the end of the year, coaches Emily Bossert and Melanie Klein write, there’s no time like the present to create and benefit from a comprehensive business plan.

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Agents 148

Housing Wire

MAY 6, 2024

AnnieMac Home Mortgage appointed Ian Aubourg to the role of senior vice president of retail sales, the Mount Laurel, New Jersey -based lender announced Monday. In his new position at AnnieMac, Aubourg will tap into his leadership skills to drive growth and improve the mortgage experience for clients. Aubourg has a track record of leading successful mortgage lending teams and divisions across the Northeast region, including at Mortgage Equity Partners and Movement Mortgage.

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Mortgages Loan Officer Lending Equity 328

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Inman

MAY 6, 2024

Powered by the latest polling results from the Inman Intel Index, this wide-ranging guide explores how brokerages are steeling themselves for a new type of client: the buyer's-fee-evading seller.

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Brokerage Agents 139

Housing Wire

MAY 6, 2024

The Asian Real Estate Association of America , along with the National Fair Housing Alliance , the Housing Opportunities Project for Excellence, Inc., and the Fair Housing Center of the Greater Palm Beaches , have filed a lawsuit that contends Florida Housing Law Senate Bill 264 violates the federal Fair Housing Act. The suit was filed on Monday in U.S.

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Inman

MAY 6, 2024

At the Realtors Legislative Meetings on Sunday in Washington, D.C., the National Association of Realtors President spontaneously fielded tough questions about the trade group's proposed antitrust settlement.

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MLS Brokerage Agents 158

Keeping Current Matters

MAY 6, 2024

Thinking about selling your house?

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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.

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Inman

MAY 6, 2024

As an agent for more than 15 years, owner of The Young Team and CEO of Fello, Ryan Young feels deeply passionate about helping agents scale their business through listings.

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Agents 164

RIS Media

MAY 6, 2024

Real estate remains a solid investment choice. It offers both rental income and the possibility of appreciation. However, deciding between investing in a condominium or a house depends on market trends, personal investment goals and the economic climate. I will provide a detailed comparison between buying condos and homes and evaluate their respective merits as… The post Investment Potential of a Condo vs. a House: A Comprehensive Comparison appeared first on RISMedia.

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Marketing Investor Industrial Agents 133

Inman

MAY 6, 2024

In 1930, the state of Texas adopted “friendship” as its motto. And while the perpetually congenial Kim Bedwell — Global Real Estate Advisor at Briggs Freeman Sotheby’s International Realty in Dallas-Fort Worth, Texas — embodies this welcoming spirit, it shouldn’t be conflated with an absence of dogged ambition.

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RIS Media

MAY 6, 2024

Attendees walk past the REALTOR® logo Sunday at the Walter E. Washington Convention Center in Washington D.C. Three months ago, NextHome CEO James Dwiggins, speaking on an RISMedia webinar, took a forceful—and somewhat unexpected position—on controversies and questions currently dogging the National Association of REALTORS® (NAR). A vocal critic of the organization, Dwiggins took a… The post NAR Lobbyists Keep Long-Term Focus in Shadow of Settlement appeared first on RISMedia.

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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

MAY 6, 2024

The iBuyer lost $17.5 million between January and March, according to an earnings call Monday afternoon. However, that represents a 71 percent improvement compared to a year earlier.

Technology 137

Technology Marketing 137

RIS Media

MAY 6, 2024

According to new legal filings in the U.S. Securities and Exchange Commission (SEC), Redfin will pay $9.25 million as part of a settlement agreement reached with homeseller plaintiffs in the class-action lawsuit known as Gibson. This amount comes as plaintiffs argue that Redfin—as well as other brokerages such as The Real Brokerage, Realty One Group,… The post Redfin to Settle Commission Lawsuits, Paying $9.25 Million appeared first on RISMedia.

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Brokerage Industrial Agents 112

Inman

MAY 6, 2024

These three market trend predictions will assist real estate agents in capitalizing on the abundant home selling opportunities available this spring.

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Agents Marketing 151

RIS Media

MAY 6, 2024

As the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in inflation and no respite in the interest rates from the Fed yet—there’s been a lot of uncertainty surrounding the mortgage market. This uncertainty, however, does not seem to have affected Rocket Mortgage, as its Q1… The post Rocket Mortgage Impresses With $1.2 Billion Earned in Q1 2024 appeared first on RISMedia.

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Mortgages Marketing Technology Industrial 109

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

MAY 6, 2024

The company's net loss was 36 percent less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5 percent for the quarter.

Technology 144

Technology Industrial Marketing 144

Bigger Pockets

MAY 6, 2024

If, like me, you check mortgage interest rates like an expectant parent checks their wife’s contractions, you doubtless will have analyzed every type of loan product in an attempt to inch the […]

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Mortgages Loans 113

Inman

MAY 6, 2024

Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform.

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RIS Media

MAY 6, 2024

PropStream’s President Brian Tepfer has announced the company has upgraded its data sets, utilizing the power of Predictive Real Estate Data to pave the way for new features and proprietary AI predictive analytics. Listed new features include: Enhanced valuation modeling Localized demographic data New lead lists Photo AI insights AI predictive property scores “Coverage, speed,… The post PropStream Announces New AI Features appeared first on RISMedia.

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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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