Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. Michelle Corridon, deputy policy director at the VA, announced at the Mortgage Bankers Association ‘s Secondary & Capital Markets Conference in New York that the circular would be issued between now and June 12.

VA loan 517

VA loan Agents MLS Loans 517

Real Estate News

MAY 21, 2024

An appeals court ruled that the government could reopen its investigation. NAR says that decision involved “far-reaching and exceptionally important” errors.

Closing 282

Closing 282

Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. “It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024.

Marketing 438

Marketing Investor Renovation Land 438

Keeping Current Matters

MAY 21, 2024

If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes.

Construction 244

Construction 244

Advertisement

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

Agents

Housing Wire

MAY 21, 2024

At a status hearing on Tuesday for the Nosalek commission lawsuit, a lawyer for the Department of Justice said the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement represented “an improvement.” However, it remains unknown if the DOJ will file a statement of interest in the Sitzer/Burnett suit, as it did in the Nosalek suit, according to RisMedia , which first reported the news.

MLS 421

MLS Agents As-is Finance 421

Real Estate News

MAY 21, 2024

A new report describes the political might of NAR, its lavish efforts to protect it, and risks to its future posed by the government — and its own actions.

246

246

Inman

MAY 21, 2024

James Dwiggins spoke at the inaugural Inman Connect Miami on Tuesday, arguing that clinging to the current status quo when it comes to commissions is a recipe for disaster.

Brokerage 182

Brokerage Agents 182

Housing Wire

MAY 21, 2024

NEXA Mortgage , the largest mortgage brokerage firm in the U.S., will pay its loan officers 100% of the commission splits “without any per-file fees or other hidden fees,” according to co-founder and CEO Mike Kortas. NEXA usually pays loan officers 220 basis points (bps) out of 275 bps on most loans. However, moving forward, it will allow LOs to access the remaining funds — the 55-bps difference — through its new program, NEXA100.

Loan Officer 414

Loan Officer Loans Brokerage Equity 414

Inman

MAY 21, 2024

The president and CEO of Corcoran Group spoke with moderator Jim Dalrymple II about recent changes in the market and how agents can explain their value to clients in the wake of commission lawsuit settlements.

Agents 166

Agents Marketing 166

Housing Wire

MAY 21, 2024

Tapping into home equity , particularly for people in or near retirement , can be challenging — especially for those who may have a pressing need. Traditional equity-tapping methods — such as selling the home or taking out a home equity loan — could present lifestyle challenges, which is where alternative options like reverse mortgages can come into play.

Equity 405

Equity Mortgages Principal Finance 405

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 21, 2024

Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved.

Agents 176

Agents Marketing Brokerage 176

Housing Wire

MAY 21, 2024

Rocket Mortgage has entered into a settlement agreement with a group of current and former employees who have alleged the company did not provide sufficient overtime pay, according to court documents reviewed by HousingWire and reporting at Bloomberg Law. In a case filed in January 2023 in the U.S. District Court for the District of Arizona , the employees alleged that they “were not paid one-and-one-half times their regular rates of pay for all time worked in excess of 40 hours in a given workw

Loans 387

Loans Title Mortgages Development 387

Inman

MAY 21, 2024

With commissions up in the air, Clever's Luke Babich writes that it may be time for some agents to explore alternative compensation models that can provide more consistent and reliable income.

Agents 160

Agents MLS Brokerage Marketing 160

Housing Wire

MAY 21, 2024

U.S. single-family rent growth strengthened overall in March despite some weaknesses in specific markets. Single-family rent increases in March 2024 registered a 3.4% year-over-year gain, unchanged from February, according to CoreLogic ’s latest Single-Family Rent Index (SFRI). The SFRI analyzes single-family rent price changes at the national and major-metro levels.

Marketing 373

Marketing Principal Finance 373

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

Inman

MAY 21, 2024

The sale marks a new record for lakefront properties in Palm Beach. Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200 million.

Renovation 162

Renovation Development Sales Marketing 162

Housing Wire

MAY 21, 2024

Zillow announced the release of an open-source tool, the Fair Housing Classifier , on Tuesday as part of the company’s efforts to “promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology.“ In a news release, Zillow explained that artificial intelligence (AI) tools often fail to account for the myriad requirements of fair housing laws.

Technology 339

Technology Lending Equity Development 339

Inman

MAY 21, 2024

Luxury leaders Jay Parker, Liane Jamason, Thad Wong and Daniel de la Vega tackled commissions at Inman Connect Miami, saying agents must know and protect their value as regulatory changes draw near.

Agents 161

Agents 161

Housing Wire

MAY 21, 2024

Connecticut-based lender, servicer and asset manager Planet Home Lending has appointed Bill Shuler as executive vice president and chief information officer. In his new role, Shuler will focus on Planet’s technological growth and enhancements to its operational efficiency. “My focus has always been on creating pragmatic IT solutions that support dynamic business growth, and I am ready to build strategic partnerships across all areas of Planet and help solidify the foundation for that growth,” Sh

Lending 337

Lending Residential Technology Commercial 337

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

MAY 21, 2024

Inman founder Brad Inman kicked off the inaugural Inman Connect Miami on Tuesday with a heartfelt keynote on friendship, community and optimism amid real estate industry challenges.

Industrial 148

Industrial Brokerage Agents Mortgages 148

Housing Wire

MAY 21, 2024

New York City -based brokerage SERHANT. is promoting its new development director, Jennifer Alese, to the position of chief business officer, The Real Deal reported on Monday. Alese will be the company’s first chief business officer, and Carolyn Sebba will replace Alese as the new development director. “I’ve been working alongside Ryan Serhant for 9+ years leading New Development for the company, and this new role will allow me to focus on the future of the brand by implementing strategic initia

Brokerage 326

Brokerage Development Branding Agents 326

Inman

MAY 21, 2024

This year, Calque has partnered with some big names including C2 Financial and Cornerstone First Mortgage, as well as a number of smaller players like Portland, Oregon-based Theory Mortgage.

Mortgages 146

Mortgages 146

Housing Wire

MAY 21, 2024

Sandra Ho, a managing director at JPMorgan Chase , will join Wells Fargo next week as its head of home lending sales, Wells Fargo said in a statement Monday. It is a newly created role, and Ho will lead Wells Fargo’s consumer direct and distributed sales forces. She will report to Serhat Oztop, head of sales and retail transformation for Wells Fargo Home Lending.

Sales 326

Sales Loans Lending Banks 326

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 21, 2024

Don't-miss sessions at Inman Connect Las Vegas this summer include those built around value propositions, commission negotiations and the evolution of buyer agency.

Agents 151

Agents 151

RIS Media

MAY 21, 2024

Antitrust regulators at the Department of Justice (DOJ) appear unsatisfied with the agreement struck between the National Association of REALTORS® (NAR) and plaintiffs in commission lawsuit class-actions, with a DOJ lawyer saying explicitly that they do not want any offers of compensation made by seller agents to buyer agents At a court hearing today in… The post DOJ Lawyer Says No Offers of Compensation ‘Anywhere’ appeared first on RISMedia.

Agents 136

Agents MLS Industrial 136

Inman

MAY 21, 2024

Pushing boundaries and changing the status quo, these three independent brokerages offer ideas for moving your own business forward.

Brokerage 157

Brokerage Agents Marketing 157

Maximum Exposure Real Estate

MAY 21, 2024

Purchasing a house as-is can be an attractive option for many buyers. However, it involves unique processes and considerations. I will provide you with the following information so you can make the best decision. How to financially plan and explore mortgage options for an as-is home purchase. Understanding mortgage options. What steps should be taken […] The post Should You Buy a Home As Is?

As-is 132

As-is Mortgages 132

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 21, 2024

For multistate CEO and new Inman contributor Troy Reierson, doing business is about more than numbers. It's about a service-oriented approach that changes lives.

Brokerage 129

Brokerage Agents Marketing 129

RIS Media

MAY 21, 2024

The National Association of REALTORS® (NAR) is appealing a recent court decision that allowed federal antitrust investigators to re-open their inquiry into real estate rules and practices, making another push to stymie potential further efforts by regulators to alter policies foundational to the industry. Filed late yesterday in the D.C. Circuit Court of Appeals, NAR… The post NAR Appeals Circuit Court Decision Allowing DOJ to Restart Investigation appeared first on RISMedia.

Industrial 123

Industrial Agents 123

Inman

MAY 21, 2024

In the last few years, the team has expanded its business deeper into the Miami market and continues to expand across the U.S. to protect itself against market downturns.

Marketing 107

Marketing Agents 107

RIS Media

MAY 21, 2024

Most people want to date before becoming exclusive, and the same goes for hiring a real estate agent, per Zillow. Last month, the company unveiled a short-term touring agreement to get ahead of the buyer-agency agreement stipulation in the proposed NAR settlement—and has now shared additional details with RISMedia. Long-term exclusive agreements from the get-go… The post Hold the Commission Talk: Zillow’s New Touring Agreement Lets Buyers Test the Waters appeared first on RISMedia.

Agents 122

Agents Industrial 122

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