Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% of U.S. homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% the month prior. In some markets, more than 50% of active listings have experienced a price cut, according to Altos Research.

Mortgages 508

Mortgages Principal Brokerage Finance 508

Real Estate News

SEPTEMBER 29, 2023

A jury decided that Zillow did not harm The Real Estate Exchange, known as REX, by moving its listings to a secondary tab with less traffic.

MLS 302

MLS 302

Housing Wire

SEPTEMBER 29, 2023

The iad Group is heading to America. The Paris-based brokerage is launching its Florida operation on Friday, marking its first expansion into the U.S. The firm was founded in 2008 and currently operates in France, Portugal, Italy, Spain, Germany and Mexico. In addition to the U.S. expansion, iad will soon be launching in the United Kingdom. According to iad, the brokerage is the No. 1 brokerage by transaction sides in France, as well as No.3 in Italy, No. 4 in Portugal, No. 5 in Spain and No. 4

Brokerage 419

Brokerage Agents Principal Branding 419

Real Estate News

SEPTEMBER 29, 2023

Chief Growth Officer Michael Valdes says eXp doesn’t “recruit” agents in a transactional sense, but seeks to “attract” for long-term growth and success.

Agents 288

Agents 288

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Agents

Housing Wire

SEPTEMBER 29, 2023

The loan officers that Scott Groves talks to are struggling. Really struggling. Mortgage rates are around 7.7%, the highest levels in over 20 years, and LOs across America are having to reset their strategies. It’s no longer about just outlasting a bad market for a couple of months. “I would say a vast majority of LOs have woken up to the fact that it won’t get easier,” said Groves, a branch manager at Synergy One Lending and owner of Consolidated Coaching.

Loan Officer 410

Loan Officer Mortgages Fixed-rate mortgage Loans 410

Real Estate News

SEPTEMBER 29, 2023

In the wake of a cyberattack that knocked the Ohio MLS offline in August, the organization rushed to roll out a new system, but bugs frustrated agents.

MLS 274

MLS Agents 274

Real Estate News

SEPTEMBER 29, 2023

The French company has over 20,000 agents across Europe and Mexico, and now it’s ready to stake a claim in the lucrative U.S. market.

Land 279

Land Brokerage Agents Marketing 279

Housing Wire

SEPTEMBER 29, 2023

MoxiWorks , a real estate technology platform, just made it easier to create and share presentations thanks to its latest product integration. The company combined its two tools — MoxiPresent and MoxiConnect — to streamline the creation of presentations , buyer tours and annual property reviews to send the assets directly to customers. “Innovation at MoxiWorks is always done with an eye towards making the agents more efficient and maximizing their opportunities.

Technology 388

Technology Agents As-is Marketing 388

Real Estate News

SEPTEMBER 29, 2023

RE/MAX snags 165-agent firm; Century 21 grows in Long Island, Chicago; The Agency expands in Montana; Real enters Vermont; Christie's opens in Park City; more.

Brokerage 235

Brokerage Agents 235

Housing Wire

SEPTEMBER 29, 2023

David Childers has been promoted to the role of chief executive officer at Keeping Current Matters , the company announced on Wednesday. Childers previously served as KCM’s president for almost two years. Before that, he was the vice president of content and marketing. His appointment coincides with owner Bill Harney shedding the CEO title, which he has held since October 2014.

Title 387

Title Mortgages Marketing As-is 387

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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 29, 2023

It takes a highly qualified real estate agent to perform at the level that some of the world's wealthiest celebrities demand. Here are the top ones serving Hollywood, according to "The Hollywood Reporter.

Agents 188

Agents 188

Housing Wire

SEPTEMBER 29, 2023

The recently completed $300 million-plus acquisition of Home Point Capital by Mr. Cooper provided an attractive opportunity to bolster the company’s existing mortgage servicing rights (MSR) portfolio, and it’s expected to boost the company’s bottom line within the next couple of quarters. This is according to Jay Bray, CEO of Mr. Cooper, in an interview on HousingWire’s Housing News podcast hosted by HW Media CEO Clayton Collins.

Due diligence 387

Due diligence Staging Loans Mortgages 387

Inman

SEPTEMBER 29, 2023

New Inman contributor Nick Boniakowski digs into the latest research on buyer desires to find out how to meet the needs of more intentional home searches.

Agents 192

Agents Marketing 192

Eye on Housing

SEPTEMBER 29, 2023

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $132 billion in taxes were paid by property owners in the second quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q2 2023, state and local governments collected $727 billion of property tax revenue—a 7.4% increase over Q2 2022. The year-over-year growth rate of.

Sales 118

Sales Finance 118

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Sales

Inman

SEPTEMBER 29, 2023

A judge struck down claims that defendants conspired to "fix," "maintain" and "increase" prices for buyer brokerage services, but allowed claims they sought to "control" prices to proceed.

Brokerage 176

Brokerage Agents 176

RIS Media

SEPTEMBER 29, 2023

There really is nothing as powerful as people fighting for their community. In this information age, we see people form groups and friendships that stretch across borders, across oceans; or they stay involved with their hometown from thousands of miles away. But physically living or working in a place—walking, biking or driving those streets every… The post Op-Ed: The Civic Duties of the Real Estate Professional appeared first on RISMedia.

As-is 117

As-is MLS Industrial Agents 117

Inman

SEPTEMBER 29, 2023

If you want your tech to work for your team, you need to think through the process of implementing it and making it stick. Tech CEO Sheila Reddy offers a three-point strategy for making team tech fulfill its promises.

Technology 171

Technology Brokerage Agents 171

RIS Media

SEPTEMBER 29, 2023

With just under three weeks before the first of the major commission lawsuits goes to trial, the potential for courtroom drama appears to be growing as three of the plaintiffs who launched the suit are attempting to withdraw as class representatives. Lawyers for the National Association of REALTORS® (NAR) and two brokerages named as defendants… The post NAR Accuses Lawsuit Plaintiffs of Attempting to Dodge Cross-Examination appeared first on RISMedia.

Brokerage 117

Brokerage Industrial Agents 117

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 29, 2023

According to new Inman contributor and attorney Renée Hunter, from cybercriminals to family members, property fraud of all kinds is on the rise. Find out what practical steps you and your professional network can take to put a stop to it.

Title 170

Title Banks Lending Brokerage 170

RIS Media

SEPTEMBER 29, 2023

-With a potential government shutdown looming this weekend, mortgage lenders are preparing for potential disruptions, mostly affecting transactions that require federal flood insurance—though the potential fallout is still unclear. –Mortgage rates reached a two-decade high this week, with the 30-year fixed climbing to an average of 7.31%, according to Freddie Mac.

Mortgages 117

Mortgages Industrial Agents 117

Inman

SEPTEMBER 29, 2023

Washington Trust "vehemently" denies the allegations but joins a long list of lenders who have coughed up $98 million in settlements since the DoJ launched an anti-redlining initiative in 2021.

Banks 166

Banks Mortgages 166

RIS Media

SEPTEMBER 29, 2023

While still ticking upward, the PCE index—the Federal Reserve’s preferred measure of price increases—rose less than expected today, fueling optimism that there won’t be another resurgence in inflation. Additionally, the report showed that consumer spending rose slightly, another positive sign that consumers are continuing to open their pocketbooks despite a hawkish Fed and some previously… The post Latest Inflation Data Beats Expectations; Consumers Still Spending appeared first on RISMedi

Industrial 117

Industrial Marketing 117

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 29, 2023

Home prices could be reaching a breaking point, new report says, as housing affordability drops to lowest level since 2007. The median price of homes and condos is a record $351,250.

As-is 163

As-is 163

Sotheby's International Real Estate

SEPTEMBER 29, 2023

Highlights from this week’s top news stories on luxury and global real estate, and home. Nevada City, California | Sotheby’s International Realty – Beverly Hills Brokerage Designed by the Japanese architecture firm Atelier Bow-Wow, the home is set on 60 acres. Filmmaker Mike Mills Lists His Mountain Retreat for $3.3M – Bloomberg Ex-Blackstone Group CIO Asks $47.5M for Waterfront Connecticut Home – The Wall Street Journal This $43.5 Million Mega-Mansion in Dubai Is Covered in Spanish Limest

Brokerage 117

Brokerage Design 117

Inman

SEPTEMBER 29, 2023

The Agency's CEO was not a top scorer during his debut appearance on the competitive dance reality series, but the judges seemed excited by his enthusiasm, and Umansky scored well enough to avoid elimination.

Agents 157

Agents 157

HomeLight

SEPTEMBER 29, 2023

Before your house can sell, you’ll need to get rid of any unwanted pests. The problem is that signs of an infestation or conditions that make you vulnerable to pests, such as wood rot and moisture, aren’t identifiable with an untrained eye. That’s why buyers and lenders often request a pest inspection before closing. You’re not in the clear simply because you don’t see bugs or mice crawling around.

Inspection 116

Inspection Closing Sales As-is 116

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Agents

Inman

SEPTEMBER 29, 2023

This week: There are some bad actors out there. It's up to you to protect yourself and your clients from fraudsters, scammers and cybercriminals.

Brokerage 170

Brokerage Agents 170

RIS Media

SEPTEMBER 29, 2023

Florida firm Foxfire Realty, operated by Gene Boone and his grandson Own, has affiliated with the RE/MAX Brand; it is now operating as RE/MAX Foxfire, the company has announced. “We were completely blown away by the tools and technology and the culture of RE/MAX,” says Owen Boone, RE/MAX Foxfire vice president and director of operations.… The post Florida Firm Joins RE/MAX appeared first on RISMedia.

Branding 114

Branding Technology As-is Industrial 114

Inman

SEPTEMBER 29, 2023

No matter how much you love your job, stress can keep you from maximizing your opportunities while it undermines your performance. Broker Eric Bramlett guides you through implementing stress reduction into your everyday life.

Development 144

Development Agents 144

Bigger Pockets

SEPTEMBER 29, 2023

It's no secret that as prices have risen, the ability to cash flow has declined rapidly. Yet, investors continue to scrape up properties every day. Have we all gone mad?

Investor 114

Investor 114

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