Housing Wire
OCTOBER 3, 2023
Mortgage rates and bond yields kept rising Tuesday as the job openings unexpectedly increased more than anticipated. But is that job openings data legit today? And will job openings continue higher, pushing mortgage rates even higher in the future? I believe today’s job openings data needs some context, but it didn’t matter to bond traders as bond yields shot up after the report.
Real Estate News
OCTOBER 3, 2023
The companies announced a partnership that will allow listing agents to get offers on behalf of their sellers directly through eXp's agent dashboard.
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Housing Wire
OCTOBER 3, 2023
eXp Realty is looking to get into the exclusives game. On Tuesday, the nation’s No. 1 brokerage by transaction side count announced the launch of eXp Exclusives , which will be open to eXp agents and their clients in the U.S. and Canada. Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app.
Keeping Current Matters
OCTOBER 3, 2023
During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.
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Housing Wire
OCTOBER 3, 2023
A little over a year after announcing its collaboration with Zillow , Opendoor is back at it with a new partner. The iBuyer announced that it was teaming up with eXp Realty on Tuesday. Through the partnership, Opendoor will be the primary cash offer solution powering eXp’s ExpressOffers platform and will provide integrated API tools. With this integration, eXp agents will be able to request a cash offer on qualifying homes on behalf of their clients directly through their eXp agent dashboard.
Real Estate News
OCTOBER 3, 2023
Bryon Ellington, who has held executive roles at Century 21, Anywhere and KW during his 20-year career, will lead training and coaching initiatives.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
OCTOBER 3, 2023
A respected tech leader, Sodhi spent nearly 30 years at Crye-Leike and held numerous roles on national boards.
Housing Wire
OCTOBER 3, 2023
New r ez has launched Onward Home Mortgage , a joint venture mortgage company in partnership with Keller Williams Georgia Legacy Group (GLCG). Through the partnership with agents at Keller Williams GLG, mortgage professionals at Onward Home Mortgage and Newrez will target borrowers in the Southeast United States. “This is a marriage of outstanding organizations that will now grow even stronger.
Inman
OCTOBER 3, 2023
The antitrust enforcer suggests the rule changes in the proposed deal don't go far enough. Plaintiffs' attorneys say the agency has failed to articulate its specific concerns.
Housing Wire
OCTOBER 3, 2023
HousingWire recently spoke with Ashley Terrell, chief revenue officer at Milestones , about the value of real estate agents and why it is critical for the industry to start helping buyers’ agents justify their value not only during the 30-60 day transaction period but through the 7-10 year period of homeownership. HousingWire: The current multibillion-dollar class action antitrust lawsuits aim to have buyers pay their own real estate agents.
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Inman
OCTOBER 3, 2023
Opendoor is now the primary cash offer solution behind eXp's ExpressOffers platform. Agents will soon be able to request a cash offer on qualified properties directly through an eXp dashboard.
Housing Wire
OCTOBER 3, 2023
Los Angeles-based rental management software provider RentSpree has launched a reporting feature called Credit Builder, which will facilitate reporting online rent payments to the credit bureaus. In June 2022 , Freddie Mac authorized on-time rental payments to be included in its underwriting system. In doing so, the government-sponsored enterprise hoped to widen access to homeownership for people with no to little credit history.
Inman
OCTOBER 3, 2023
The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal's "competitive impact.
Housing Wire
OCTOBER 3, 2023
Most brokerage leaders know about the multiple challenges facing the real estate industry, not the least of which are the major class-action lawsuits. A major consequence of these cases is the potential scrapping of guaranteed shared compensation. It seems a small share of the agent population even knows about this issue, and even fewer can loosely tell you what the potential outcomes are.
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Inman
OCTOBER 3, 2023
In a separate announcement, San Diego-based fintech announces launch of new real estate brokerage, Splitero Homes, to help homeowners in four states "sell for the highest price.
Housing Wire
OCTOBER 3, 2023
As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Only 1% of respondents say they are restructuring their compensation model. About 30% are shoring up agent training and consumer education, while another 25% are implementing buyer representation agreements and increased documentation.
Inman
OCTOBER 3, 2023
Is the tide going in or out on your real estate business? Are you planning for the market waves and how they'll affect your future? Team leader Carl Medford helps you read the signs and plan for what's next.
Housing Wire
OCTOBER 3, 2023
Qualia is stepping up its efforts against wire fraud. The closing software firm is launching Qualia Shield , a funding and disbursement product for title and escrow companies. Qualia on Tuesday said the new product provides closing agents with the ability to securely collect and share wire instructions with buyers and sellers, and it features systems for earnest money deposit collection, automated wire matching, wire-sending integrations, wire fraud detection , and seller ID verification. “
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.
Inman
OCTOBER 3, 2023
Seventy-three percent of the more than 900 real estate investors who responded to a recent Bloomberg survey said commercial real estate prices would fall through at least late 2024.
Housing Wire
OCTOBER 3, 2023
Redfin put the real estate industry on notice Monday morning, announcing that it will require agents to cancel their National Association of Realtors membership where possible. While Redfin’s news certainly surprised the industry and seemingly drew a line in the sand, Joe Rath, the firm’s head of industry relations, said the decision was a long time coming.
Inman
OCTOBER 3, 2023
A group that disapproves of Perry's recent real estate deals is advocating for the launch of the Protecting Elder Realty for Retirement Years Act or the "Katy PERRY Act," which seeks to put measures in place to limit risks of elder financial abuse.
RIS Media
OCTOBER 3, 2023
Southeast MLS Alliance has announced its formation as a data-share system with its four founding members being the largest multiple listing services (MLS) in their respective states. These include Canopy MLS, Charleston MLS, Georgia MLS and Realtracs in Tennessee. “It was time for like-minded MLSs in large markets across the southeast to come together and… The post Four Large Southeastern MLSs Form Alliance appeared first on RISMedia.
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.
Inman
OCTOBER 3, 2023
One of Keller Williams Realty's biggest franchise groups, Georgia Legacy Group, has teamed up with national mortgage lender and servicer Newrez to launch a joint venture, Onward Home Mortgage.
Bigger Pockets
OCTOBER 3, 2023
In just a few years, you can go from no cash flow or investing experience to owning a sizable real estate portfolio, with passive income flowing in and free rent, […]
Inman
OCTOBER 3, 2023
Think a smaller firm can't compete with the huge institutional investors? According to Michael Zaransky, there's more to deal-making than the number on the bottom line.
Eye on Housing
OCTOBER 3, 2023
Financial conditions continue to tighten, as the 10-year Treasury rate increased to above 4.75%. Among the factors leading to higher rates (more debt issuance, higher-for-longer monetary policy expectations, long-term fiscal deficit conditions, and strong current GDP growth forecasts) was a surprise jump in August for the total number of open, unfilled jobs.
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Inman
OCTOBER 3, 2023
In his latest Snapshot, Brandon Doyle interviews author, instructor and coach Peter F. Porcelli Jr. about mastering the real estate basics.
RIS Media
OCTOBER 3, 2023
Three years after acquiring consumer residential portal Homesnap for $250 million, CoStar is now suing the company’s founders, claiming they stole company secrets and poached employees as they attempted to launch what appears to be a rival product. Filed last week in federal court, the suit names Guy Mazur, Thomas Goff, Guy Wolcott and Jeffrey… The post CoStar Sues Former Homesnap Executives for Theft of Secrets, Poaching Employees appeared first on RISMedia.
Real Trends
OCTOBER 3, 2023
Four of the largest MLSs in the Southeast have formed an alliance, creating a data sharing network. South Carolina’s Charleston Regional MLS; Canopy MLS in North Carolina; Georgia MLS; and Realtracs, which is the largest MLS in Alabama, Kentucky and Tennessee, have formed the Southeast MLS Alliance. The partnership will allow members of these four MLSs to access more than 85,000 listings across Alabama , Georgia , Kentucky , North Carolina , Tennessee and South Carolina.
RIS Media
OCTOBER 3, 2023
Hailed as one of the brightest voices of her generation, Mindy Kaling will headline a general session. Register today to experience Mindy in person, along with other game-changing content and the industry’s largest trade expo. Download the New NAR Mobile App Deals close fast so make sure you have valuable real estate industry facts at… The post Exciting News About #NARNXT appeared first on RISMedia.
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.
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