Housing Wire

MARCH 21, 2024

Equifax’s Work Number product is too expensive for consumers and the Federal Housing Administration ( FHA ) and Federal Housing Finance Agency ( FHFA ) should potentially do something about it, an influential mortgage trade group argued this week. In a letter submitted to FHA commissioner Julia Gordon and FHFA director Sandra Thompson on Thursday, the Community Home Lenders of America ( CHLA ) expressed concern that the cost of employment verifications charged by Equifax is “excessive” as

Closing costs 449

Closing costs Loans Title Finance 449

Keeping Current Matters

MARCH 21, 2024

If you’re planning to move soon, you might be wondering if there'll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market.

Marketing 270

Marketing Mortgages 270

Housing Wire

MARCH 21, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Shayan Hamidi, CEO of Rechat , to talk about how he picks the right problems to solve, the incredible pace of AI innovation, and finding the joy in work. Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience. Shayan Hamidi: I studied computer science, economics and math and my background is technology.

Technology 446

Technology Brokerage Agents As-is 446

Real Estate News

MARCH 21, 2024

Redfin Next, which offers “competitive splits” while continuing to provide agents with employee benefits, has expanded to major markets across the U.S.

Agents 269

Agents Marketing 269

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Agents

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Initially launched in October 2023 as Redfin Max, the compensation plan was rebranded soon after as Redfin Next and grew to include agents in the California markets of Los Angeles, San Francisco, San Diego and Orange County.

Agents 409

Agents Marketing Brokerage Technology 409

Real Estate News

MARCH 21, 2024

While home sales still aren’t as strong as they were in 2023, the near-10% jump in February “is a good sign” — but the momentum may not last.

Sales 274

Sales As-is 274

Real Estate News

MARCH 21, 2024

A new Realtor.com report concludes that the best time to list in 2024 is right around the corner.

Agents 248

Agents 248

Housing Wire

MARCH 21, 2024

More people seem to be aware of the potential utility that a reverse mortgage could provide for older homeowners, including as a tool to age in place and to provide greater cash flow in retirement. This is according to survey results published this week by WSFS Mortgage , a division of WSFS Bank. “[M]ost homeowners with knowledge of reverse mortgages agree they can allow you to stay in your home longer (79%) and provide needed cash flow (76%) in retirement,” the results explained.

Mortgages 405

Mortgages Finance Banks Industrial 405

Inman

MARCH 21, 2024

They asked the court for more time to analyze the impact on their proposed settlement of NAR's proposed rule change banning the MLS display of commissions offered to buyer brokers.

MLS 185

MLS Brokerage Agents 185

Housing Wire

MARCH 21, 2024

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI). According to RMI’s newest HECM Originators report , wholesale endorsements gained 2% from December to January, while retail/direct endorsements fell by 3.7%, dragging the total

Mortgages 398

Mortgages Loans Equity Principal 398

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

Real Estate News

MARCH 21, 2024

Homebuyers may have more choices, but financing continues to be challenging.

Mortgages 244

Mortgages Finance 244

Housing Wire

MARCH 21, 2024

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. Kingsborough has more than 20 years of experience in mortgage lending and will be responsible for driving the company’s expansion plans in the western U.S. “Stepping into Planet Home Lending marks a pivotal chapter in my career,” Kingsborough said in a statement.

Lending 379

Lending Sales Commercial Loans 379

Inman

MARCH 21, 2024

The strategic promotions will help "drive the next era of Realty One Group's unprecedented global growth," as the franchiser continues its quest to grow to 30,000 agents.

Agents 184

Agents Brokerage 184

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance. The biggest challenge in today’s housing market is the lack of inventory , Fratantoni said in his written statement on Wednesday.

Industrial 357

Industrial Banks Residential Lending 357

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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

MARCH 21, 2024

Seattle-based brokerage Redfin has expanded its commission-based payment model, Redfin Next, to agents in Chicago, Connecticut, Dallas, Miami, New York, Palm Beach and Washington, D.C. Redfin execs said Redfin Next will help them navigate market "ups and downs," including the NAR settlement.

Marketing 178

Marketing Brokerage Agents 178

RIS Media

MARCH 21, 2024

Selling your home is a significant decision. The right strategies can make the process smoother and more profitable. Even in a seller’s market, you can’t take the basics of selling a home for granted. We will cover critical strategies, including professional photography, online platforms and writing compelling descriptions. We aim for clarity, brevity and effectiveness… The post Don’t Forget the Basics: How to Market a Home in a Seller’s Market appeared first on RIS

Marketing 129

Marketing Industrial Agents 129

Inman

MARCH 21, 2024

Find out how this broker-owner left his role as a marketer for brands like Patron Tequila, the Dallas Mavericks and SMU Athletics to lead — and grow — a real estate company.

Branding 176

Branding Marketing Brokerage 176

RIS Media

MARCH 21, 2024

Forbes Global Properties has announced it has published “Perspectives,” a new report compiling information from more than 17,000 experts, concentrating on 21 luxury real estate markets worldwide. “Through the insights and outlooks of our global network, we paint a vivid picture of real estate’s current state and future trajectory,” said Michael Jalbert, CEO of Forbes… The post Forbes Publishes New Global Report, ‘Perspectives’ appeared first on RISMedia.

Marketing 123

Marketing Industrial 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

MARCH 21, 2024

A Sydney listing agent accidentally burned down her client's $3 million home. Five years after the accident, her broker has been ordered to pay $850K in damages.

Agents 177

Agents Residential 177

RIS Media

MARCH 21, 2024

Existing-home sales surged last month, up 9.5% in February, reaching a seasonally adjusted rate of 4.38 million—the largest monthly increase since the same period last year—according to the latest report from the National Association of REALTORS® (NAR). “The uptick in sales activity between January and February is a good sign, but there is some uncertainty… The post Existing-Home Sales Surged in February appeared first on RISMedia.

Sales 123

Sales Industrial 123

Inman

MARCH 21, 2024

In pursuit of a bigger slice of an estimated $14 billion market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and four new servicing clients.

Mortgages 168

Mortgages Marketing Banks Technology 168

Maximum Exposure Real Estate

MARCH 21, 2024

Are you wondering if you should remove the wallpaper in your home? Let’s cut to the chase – you should! Specific tasks are always worth doing when you are selling a home. Mowing the lawn, for instance, makes sense. It is too easy and makes the house look so much better that it is foolish […] The post Tips For Removing Wallpaper Before a Home Sale and Why appeared first on Maximum Real Estate Exposure.

Sales 122

Sales Marketing 122

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

MARCH 21, 2024

Listing agents have less than a month to prepare homesellers for the spring housing season, according to Realtor.com's annual "Best Day to Sell" analysis, published on Thursday. This year, the portal says the week of April 14 is the best time to close a deal as fluctuating mortgage rates have a dual effect on the market.

Mortgages 165

Mortgages Closing Agents Marketing 165

RIS Media

MARCH 21, 2024

“This is not the end. It is not even the beginning of the end—but it is, perhaps, the end of the beginning.” Winston Churchill was referencing battles and war, not real estate, when he spoke those words. But in the lower-stakes context of the National Association of REALTORS® (NAR) settling seller lawsuits last week, the… The post Attorneys Say Legal Battles Will Continue as Companies Face Tough Choices appeared first on RISMedia.

As-is 122

As-is MLS Industrial Agents 122

Inman

MARCH 21, 2024

ChatGPT answered questions about the value a real estate agent has and about how real estate commissions work. Do you agree with its answers?

Agents 177

Agents 177

RIS Media

MARCH 21, 2024

After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last week’s average of 6.74%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM averaged 6.87% as of March 21, 2024, up from last week… The post Mortgage Rates Back on the Upswing, Nearing 7% appeared first on RISMedia.

Mortgages 114

Mortgages Marketing Industrial 114

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Agents

Inman

MARCH 21, 2024

ERA Real Estate vice president, and new Inman contributor, Lee Ann Roughton shares practical ways to help all women in real estate rise together.

Brokerage 171

Brokerage Agents 171

RIS Media

MARCH 21, 2024

PropStream, a real estate lead generation platform, has announced it is attending the Brandon Turner REI Summit from May 3-5, 2024, in Denver, Colorado. The event will take place at the Hyatt Regency Denver in the Colorado Convention Center. The REI Summit, hosted by BetterLife, is a conference that gathers real estate investors to learn… The post PropStream to Attend the Brandon Turner REI Summit appeared first on RISMedia.

Investor 111

Investor Technology Industrial Agents 111

Inman

MARCH 21, 2024

Kaplan’s new Buyer Agency Professional course aims to help buyer agents negotiate the ways they are compensated.

Agents 188

Agents 188

RIS Media

MARCH 21, 2024

The Leading Economic Index (LEI) increased by 0.1% in February to 102.8, marking the first time in two years the business-cycle monitor showed an uptick, thanks in part to residential construction, according to the latest release from The Conference Board. According to the latest report, the increase follows a 0.4% decline in January. Over the… The post Residential Construction Helps Drive First Leading Economic Indicators Upswing in Two Years appeared first on RISMedia.

Residential 106

Residential Construction Industrial 106

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