Housing Wire
JANUARY 29, 2024
2023 was the weirdest real estate market on record. We played mortgage rate ping-pong, had unprecedented low levels of inventory and still there were escalating prices. All this happened, but you survived it, so go you! Well done. Now it’s time to make this your year. Don’t just vow to “survive another one” — instead, commit to thriving and making this your best year ever.
Real Estate News
JANUARY 29, 2024
The largest firms are claiming an increasing number of sales, driven in part by fast-growing companies like Compass and eXp.
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Housing Wire
JANUARY 29, 2024
After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that if there isn’t significant supply growth and buyer demographics remain strong, home prices will rise once again.
Real Estate News
JANUARY 29, 2024
The iBuyer has introduced two new tiers in its agent partnership program, which provide up to 4% in referral fees and access to more sell-side deals.
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Housing Wire
JANUARY 29, 2024
Three years into its controversial ultimatum , United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp. UWM on Thursday when filed a lawsuit in a U.S. district court in Michigan against Atlantic Trust Mortgage Corporation, a Florida-based broker shop with 18 loan officers, per the Nationwide Multistate Licensing System (NMLS).
Real Estate News
JANUARY 29, 2024
The lawsuit known as Spring Way also has gained new plaintiffs and a new name: Kay. Spring Way LLC, which had used Coldwell Banker, is no longer involved.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
JANUARY 29, 2024
Have you ever heard the term “Silver Tsunami” and wondered what it's all about?
Housing Wire
JANUARY 29, 2024
Despite looking a bit different at the end of 2023, there were a lot of similarities in the full-year Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) issuance tables when compared to recent years. One thing that is much different compared to 2022, however, is total issuance. Here are the top 10 HMBS issuers in 2023 as tabulated by New View Advisors , based on publicly available Ginnie Mae data and private sources the firm has access to.
Inman
JANUARY 29, 2024
A buyer with a monthly budget of $3,000 can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8 percent, according to Redfin.
Housing Wire
JANUARY 29, 2024
Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.
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.
Inman
JANUARY 29, 2024
Real estate professionals and financial advisers can help individuals make informed decisions, writes investment expert Michael Conticelli, whether buying a home, pursuing alternative investments or building a real estate portfolio.
Housing Wire
JANUARY 29, 2024
Two days after The PLS.com and three of the nation’s largest multiple listing services notified the court they had reached a settlement in their ongoing legal battle, the listing site filed a motion to dismiss the only remaining defendant, the National Association of Realtors , without prejudice. The filing came after a court status hearing last Friday during which Judge John W.
Inman
JANUARY 29, 2024
A real estate team shouldn’t be made up of individuals just doing a bunch of separate jobs, writes development specialist Hana Cha. It should be an ace crew ready to tackle any challenge, any client, in any market.
Housing Wire
JANUARY 29, 2024
The National Reverse Mortgage Lenders Association (NRMLA) announced that it will return to the Western U.S. for its 2024 annual meeting, which will take place slightly earlier in the year than usual, according to a member alert. The 2024 NRMLA Annual Meeting and Expo will be held Sept. 24-26 at the Hard Rock Hotel in San Diego. The 2018 edition of the event was the last one to take place in San Diego, which was also the last edition of the event held on the West Coast.
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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.
Inman
JANUARY 29, 2024
Trainer Bernice Ross talk with Kenya Burrell Van Wormer and Katherine Winston about their new initiative to transform the real estate and proptech industry by supporting “underrepresented, underestimated and underutilized” entrepreneurs.
Housing Wire
JANUARY 29, 2024
The U.S. Department of Housing and Urban Development (HUD) announced on Monday that it will distribute $3.16 billion in homelessness aid to communities across the country through its Continuum of Care program, which is designed to provide housing assistance and/or support services to people experiencing homelessness. HUD Secretary Marcia Fudge announced the award totals during a Monday appearance in Savannah, Georgia , with the Chatham-Savannah Interagency Council on Homelessness , an organizati
Inman
JANUARY 29, 2024
The former Keller Williams president took a roughly three-year sabbatical from the industry while going all-in on being a dad. Team wasn't sure he'd ever return to real estate — until he got to know Ryan Serhant.
Housing Wire
JANUARY 29, 2024
Homebuyers are getting some relief in 2024 as mortgage rates recede from their 20-year high point of last October. A homebuyer with a $3,000 monthly budget has gained nearly $40,000 in purchasing power since October, according to a new Redfin report. Indeed, with a 6.7% mortgage rate, the prospective buyer with a $3,000 budget can afford a $453,000 home.
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
JANUARY 29, 2024
The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data.
Housing Wire
JANUARY 29, 2024
Ready to launch your real estate career in Utah? You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. We’ve researched the top Utah real estate schools to find the best online programs for your prelicensing education, with various options to fit every learning style and budget. Choosing right school and program will help you ace the Utah real estate exam and provide the foundation for success in your new career.
Inman
JANUARY 29, 2024
In his latest Snapshot profile, Brandon Doyle finds out how Michael Alladawi is continuously redefining the real estate industry with innovative concepts and solutions.
Housing Wire
JANUARY 29, 2024
The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff. In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Kays join John and Nancy Moratis in the suit that was originally filed in early December 2023 in the U.S.
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
JANUARY 29, 2024
Mitchelson will work with the Corcoran Affiliate Network's sales team to lead strategic growth through the addition of new Corcoran affiliates.
RIS Media
JANUARY 29, 2024
Selling a home is a significant undertaking. Choosing the right listing agent can make a world of difference in the success of your real estate venture. It becomes exceptionally crucial for a first-time seller to know the importance. Finding the best listing agent involves careful consideration, research, and a thoughtful interview. You will learn strategies… The post How to Find The Best Listing Agent When Selling a House appeared first on RISMedia.
Inman
JANUARY 29, 2024
The developer was once considered too big to fail, but it over-borrowed and was hurt by China's weakening property market.
RIS Media
JANUARY 29, 2024
In the rapidly evolving landscape of the 21st century, technological tools have become indispensable in many industries, and the real estate sector is no exception. The tech revolution has changed everything: from property transactions to smart home technology to home improvement projects. This transformation is not only making processes more efficient but also enhancing the… The post The Tech Revolution in Real Estate: Streamlining Processes and Enhancing Home Improvement appeared first o
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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.
Inman
JANUARY 29, 2024
2024 will be all about listings. So, how will the winners rise to the top? The not-so-secret to success is automating the heavy lifting that needs to happen for agents to continually find and win listings.
RIS Media
JANUARY 29, 2024
Just as the litigious real estate landscape seemed to be settling down, the ground has shifted again, with a surprise settlement in one especially dangerous and advanced case, and the sudden dismissal of another. Simultaneously, after months of new cases piling up, the push for consolidating commission-related class-action lawsuits is accelerating, with the National Association… The post COURT REPORT: NAR, Big Brokerages Split on Consolidation; REBNY Suit Dropped appeared first on RISMedi
Inman
JANUARY 29, 2024
OpenAI's Adam Goldberg argued at Inman Connect New York that the most important skill for using AI effectively is "clarity of thought.
RIS Media
JANUARY 29, 2024
During 2023, national homesellers made a $121,000 profit on the typical sale, leading to a 56.5% return on investment, according to ATTOM’s Year-End 2023 U.S. Home Sales Report. Gross and profit margins were stagnant—still near record levels—but decreased from 2022, which indicates the first decline in each respective category since 2011. The gross profit margin… The post Home-Selling Profits Dropped in 2023 for the First Time Since the Great Recession 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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