Housing Wire

APRIL 8, 2024

Insurance companies are leveraging aerial images of homes to drop properties deemed too risky, according to a report by The Wall Street Journal. Consumer advocates are concerned that customers are not always able to challenge images that could be out of date or inaccurate. The increased use of aerial images also comes at a time when many home insurance carriers nationwide try to offload some risk from their property portfolios, sometimes leaving states altogether to recover from big underwritin

Marketing 426

Marketing 426

Real Estate News

APRIL 8, 2024

The company reached the agreement in the Umpa case, the only major class action involving agent pay to name Real as a defendant.

Brokerage 294

Brokerage Agents 294

Housing Wire

APRIL 8, 2024

The National Association of Realtors (NAR) unveiled a new partnership with SoFi on Monday. As part of the agreement, NAR members and their clients will be eligible to receive exclusive rates and discounts on mortgages , student loan refinancing, and personal loans, among other perks. “This partnership amplifies our support for the diverse financial needs of our members,” Rhonny Barragan, NAR vice president of strategic alliances, said in a statement.

Loans 399

Loans Mortgages 399

Real Estate News

APRIL 8, 2024

The NAR settlement will lead to better service and lower costs for homebuyers, new research from the Consumer Federation of America suggests.

257

257

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

APRIL 8, 2024

After a few months of downward data in its performance metrics, the reverse mortgage industry saw a slightly different story play out in March that should come as welcome news. Home Equity Conversion Mortgage (HECM) endorsements increased 8.3% to 2,058 loans in March, an increase helped by new case numbers and slightly telegraphed by recent industry sentiments, according to data compiled by Reverse Market Insight (RMI).

Mortgages 353

Mortgages Seller concession Loans Equity 353

Real Estate News

APRIL 8, 2024

At least seven complaints have been filed by former Keller Williams agents over reductions set to take effect on July 1.

Agents 246

Agents 246

Keeping Current Matters

APRIL 8, 2024

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans.

Loans 238

Loans 238

Housing Wire

APRIL 8, 2024

The Mortgage Bankers Association (MBA)’s policy advocacy group, the Mortgage Action Alliance (MAA), is urging its members in the state of Massachusetts to support the continued use of remote telephone and video counseling for reverse mortgages in the state following the lapse of an exemption allowing for remote counseling. “The provision in state law which permitted these forms of consumer counseling on reverse mortgage loans expired on March 31st via sunset,” the call explained.

Mortgages 299

Mortgages Equity Banks Industrial 299

Inman

APRIL 8, 2024

As brokerages pivot to specialized training meant to empower buyer agents, new-home sales still provide plenty of opportunities for intrepid Realtors, development specialist Hana Cha writes.

Development 175

Development Brokerage Agents Sales 175

Housing Wire

APRIL 8, 2024

United Wholesale Mortgage ’s (UWM) revenue margins “don’t stand out like” one would expect if the company was overcharging borrowers, analysts at BTIG said on Monday. The comments follow a Hunterbrook Media report from last week stating that UWM pressures brokers to send loans its way, resulting in higher costs to customers. “We think the premise of the thesis is misplaced,” Eric Hagen and Jake Katsikas wrote in the company’s weekly mortgage finance roundup.

Loans 296

Loans Loan Officer Mortgages Closing costs 296

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

APRIL 8, 2024

These markets offer significant price appreciation and access to outstanding amenities, presenting a potential goldmine for agents. These include metro-adjacent homes and new front-running vacation destinations.

Agents 172

Agents Marketing 172

Brownstoner

APRIL 8, 2024

A 19th century racially integrated school in what was once the free Black community of Weeksville but is now Crown Heights will not become affordable housing as planned after all, but instead will be converted into a homeless shelter. A Brownstoner reader who noticed new windows had recently gone in… Read More > The post Historic Crown Heights School to Be Converted to Family Shelter appeared first on Brownstoner.

As-is 124

As-is Renovation Development 124

Inman

APRIL 8, 2024

A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it's now an unavoidable aspect of the job.

Agents 158

Agents Brokerage Marketing 158

Brownstoner

APRIL 8, 2024

An early racially integrated school in what was once the free Black community of Weeksville but is now Crown Heights will not become affordable housing as planned after all, but instead will be converted into a homeless shelter. A Brownstoner reader who noticed new windows had recently gone in tipped… Read More > The post Historic Crown Heights School to Be Converted to Family Shelter appeared first on Brownstoner.

As-is 122

As-is Renovation Development 122

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

APRIL 8, 2024

Lauren Holleran, vice president at Gibson Sotheby’s International Realty, is drawn to her career in luxury real estate not only for the chance to showcase beautiful properties but also for the opportunity to help people at different stages of their lives.

Staging 144

Staging 144

Bigger Pockets

APRIL 8, 2024

As most house flippers or BRRRR landlords will tell you, paying for hard money—with high interest rates and points tacked on top—can take huge chunks of profit out of a project.

Hard money loan 118

Hard money loan Loans Investor 118

Inman

APRIL 8, 2024

The company specifically referenced a pending legal settlement that could lead to a number of changes in the way agents and brokerages make money, saying that the importance of communicating the profession’s value to consumers is paramount.

Brokerage 130

Brokerage Agents Technology Marketing 130

RIS Media

APRIL 8, 2024

Selling a home is more than a financial transaction; it’s an emotional journey. This process can stir up feelings, from excitement about prospects to sadness over leaving memories behind. Understanding and managing these emotions is crucial for staying motivated and positive. I will examine the psychological aspects of selling a home. You will see my… The post The Psychological Aspects of Selling a Home: How to Stay Positive and Motivated appeared first on RISMedia.

Development 121

Development Industrial Agents 121

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

APRIL 8, 2024

Routine cleaning and maintenance saves both time and money, RentRedi CEO Ryan Barone writes, can retain or increase property value and attracts qualified tenants.

Agents 134

Agents 134

RIS Media

APRIL 8, 2024

Above, Anthony Lamacchia (left) and Kevin Sears Massachusetts-based Lamacchia Realty has announced the acquisition of Sears Real Estate, which expands the brokerage into the Springfield, Massachusetts, market. The three-person leadership team at Sears Real Estate, which includes Managing Broker Brian Sears, Broker/Owner Dan Rodriguez and Broker/Owner Kevin Sears, who is also the current president of… The post Lamacchia Realty Expands in Massachusetts With Sears Real Estate Acquisition app

Brokerage 114

Brokerage Marketing Industrial Agents 114

Inman

APRIL 8, 2024

Fading hopes that mortgage rates will come down in the next 12 months are primary drag on Fannie Mae's Home Purchase Sentiment Index, but job and income concerns were also up in March.

Mortgages 112

Mortgages Marketing 112

Marco Santarelli

APRIL 8, 2024

The Riverside CA housing market has been characterized by a robust demand for homes , which has led to a steady increase in home prices and a relatively quick turnover rate for listed properties. It continues to attract attention from both local and out-of-state buyers. Riverside CA Market Trends and Data Recent data by Redfin indicates that the median sale price of a home in Riverside was $625,000 in February 2024, marking a 5.0% increase since the previous year.

Marketing 106

Marketing Sales Finance As-is 106

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

APRIL 8, 2024

Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing.

Mortgages 115

Mortgages Marketing 115

RIS Media

APRIL 8, 2024

You did it. You jumped into the real estate game and now you’re “in it to win it.” That’s both exciting and challenging, especially when you’re a new agent looking to establish yourself in your market. There’s a lot ahead of you, and a lot on your to-do list. One of the best things you… The post 5 Ways to Ramp Up Referral Business as a New Agent appeared first on RISMedia.

Agents 103

Agents Marketing Development Industrial 103

Inman

APRIL 8, 2024

The acquisition of AIR Communities marks Blackstone's largest in the multifamily sector and shows a bullishness in rental housing, as well as a mentality that the commercial market may be bottoming out.

Commercial 103

Commercial Marketing 103

RIS Media

APRIL 8, 2024

Real estate executives expressed overall disapproval of the National Association of REALTORS®’ (NAR) choice to settle commission lawsuits in RISMedia’s most recent Broker Confidence Index (BCI), though opinion at this early stage still seems divided both on the settlement itself, as well as what kind of adaptations are appropriate to deal with upcoming rule changes… The post Brokers Consider Major Changes, Including Cost-Cutting and M&A Post-Settlement appeared first on RISMedia.

Staging 101

Staging Industrial Agents 101

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

BubbleInfo

APRIL 8, 2024

The number of active listings is a reflection of how many new listings are coming on the market vs. how many are going off the market at the same time. While today’s number of actives is 29% higher than it was last year at this time, let’s note that the 2023 inventory was a virtual […] The post Inventory Watch first appeared on bubbleinfo.com.

Marketing 98

Marketing 98

Marco Santarelli

APRIL 8, 2024

The rental market trends reflect the dynamic nature of the economy and the housing sector. Rents have witnessed a mix of fluctuations, with some regions experiencing a rise in rental prices while others see a stabilization or even a decrease. Nationally: Rent prices have risen steadily over the past few years, with a major spike in 2021. However, the growth rate has slowed down in 2023 and early 2024.

Marketing 98

Marketing Investor As-is 98

Bigger Pockets

APRIL 8, 2024

Many investors assume that ownership is inherently safer than debt. I currently own equity in thousands of units and have invested six figures in real estate debts.

Equity 102

Equity Investor 102

Brownstoner

APRIL 8, 2024

In the News Arrests Expose Rift Between NYPD, ‘Violence Interrupters’ [NYT] East New York School Gym Deemed ‘Unsafe’ After Earthquake [NYP] Here's What You Need to Know About Monday's Eclipse [Gothamist] With Community Support, a Savvy Pivot, Staubitz Abides [BK Mag] Does the Earthquake Mean the Big One Is Coming? [The Daily Beast] Brooklyn Tower Is… Read More > The post Daily Links: Earthquake Structurally Damages East New York School Gym appeared first on Brownstoner.

96

96

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