Housing Wire

AUGUST 2, 2023

Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has acquired Bonzo – a relationship management and mortgage marketing platform. Ohio-headquartered Bonzo will operate as an independent service provider that is led by the current leadership team, which includes co-founder and president Jason Perkins, co-founder and COO/CRO Miles Miller, and CEO Chad Jampedro.

MLS 370

MLS Brokerage Mortgages Industrial 370

Real Estate News

AUGUST 2, 2023

Emily Chenevert, CEO of ABoR and the newly rebranded Unlock MLS, wants Austin buyers and sellers to associate "MLS" with more than just soccer.

MLS 246

MLS 246

Housing Wire

AUGUST 2, 2023

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday. RealTrends couldn’t independently confirm those figures; NRE has not submitted data to the RealTrends brokerage rankings since 2019.

Brokerage 370

Brokerage Property Management Commercial Branding 370

Real Estate News

AUGUST 2, 2023

The company's net income of $2 million was an improvement after losses in Q1, while revenue fell by more than 10% and U.S. agent count dropped by 6.3%.

Agents 233

Agents 233

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Agents

Housing Wire

AUGUST 2, 2023

Despite a $35 million net loss in the second quarter, Zillow saw a slight annual increase in revenue to $506 million, beating Wall Street’s estimates. As a result, the company’s executives told investors and analysts that they were pleased with the firm’s second quarter performance, especially in touring, financing, and renting. “Zillow outperformed the broader industry for the fourth consecutive quarter as we navigate a tough real estate market,” said Zillow cofounder and CEO Rich Barton

Finance 368

Finance Loans Agents Branding 368

Real Estate News

AUGUST 2, 2023

NAR’s midyear forecast touched on a variety of trends, highlighting increased moving distances as a notable recent change.

Agents 235

Agents 235

Keeping Current Matters

AUGUST 2, 2023

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind.

Marketing 233

Marketing 233

Housing Wire

AUGUST 2, 2023

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC ‘s Worldwide Exchange on Wednesday to talk about the health of the housing market , explaining the effect of high mortgage rates and low inventory on existing home sales. Using data from Altos Research , Mohtashami explained how new listings are trending at the lowest levels ever recorded.

Sales 340

Sales Land Mortgages Marketing 340

Real Estate News

AUGUST 2, 2023

Overall revenue was up from Q1 and slightly higher year-over-year, but net losses continued to mount.

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228

Housing Wire

AUGUST 2, 2023

Engel & Völkers , the global luxury real estate brand, just partnered with Dilbeck Real Estate , one of Southern California’s top real estate teams. Approximately 400 Dilbeck agents and support staff will operate under the Engel & Völkers brand. Additionally, nine office locations will convert to Engel & Völkers shops. The nine office locations are in Los Angeles and Ventura counties, including Burbank, San Marino, Camarillo, La Canada Flintridge, Glendale, Encino, Pasadena, Santa Cl

Brokerage 338

Brokerage Branding Agents Sales 338

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Loans

Real Estate News

AUGUST 2, 2023

The iBuyer reduced losses and acquired more homes over Q1, but sales and revenue dipped significantly.

Sales 202

Sales 202

Housing Wire

AUGUST 2, 2023

For all the confusion and volatility that the pandemic caused the mortgage industry, it was clear that the near-zero interest rates were always going to be temporary. After many warnings, The Fed finally made its move in March 2022. Its aggressive inflation-crushing policy extinguished the greatest refi market in history – these days, nearly 90% of residential mortgage originations are purchase loans.

Marketing 334

Marketing Lending Mortgages Residential 334

Inman

AUGUST 2, 2023

In the last month, the East Coast-based brokerage has made two strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island.

Brokerage 148

Brokerage Marketing 148

Housing Wire

AUGUST 2, 2023

Government-sponsored enterprise Fannie Mae this week released new updates to its appraiser independence requirements (AIR), and also established new property data independence requirements (PDCIR) simultaneously. Fannie Mae published a new frequently asked questions (FAQ) document related to AIR this week. Lenders typically use appraisal management companies (AMCs) to transfer the compliance burden associated with AIR.

Loans 320

Loans Design Residential Brokerage 320

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Sales

Inman

AUGUST 2, 2023

The company lost $38 million between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as "crucial," in a newly published earnings report.

Marketing 141

Marketing Technology Agents 141

Maximum Exposure Real Estate

AUGUST 2, 2023

What to Know About Deducting HOA Fees HOA fees are standard for homeowners, but are they tax deductible? We will explore whether HOA fees can be claimed as deductions on your taxes. We will discuss the requirements for deducting HOA fees, the importance of keeping records, and how to calculate and report these deductions. Additionally, […] The post Can HOA Fees Be Deducted on Your Taxes appeared first on Maximum Real Estate Exposure.

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98

Inman

AUGUST 2, 2023

A 35-home listing on Zillow has prompted debate over displacement and institutional investment — and pushback over a TikToker's claim that an 'entire neighborhood' was about to hit the market.

Sales 141

Sales Marketing Technology Industrial 141

Brownstoner

AUGUST 2, 2023

There were two very talented architects named “Gilbert” working in Brooklyn and New York City at the turn of the 20th century and beyond. Many people confuse them, but Frank W. Woolworth hired both. Charles Pierrepont Henry (C.P.H.) Gilbert designed gorgeous brownstone, brick, and terra-cotta mansions in Brooklyn and gleaming… Read More > The post Architect Cass Gilbert Designed Innovative and Inspiring Public and Commercial Buildings appeared first on Brownstoner.

Commercial 98

Commercial Design 98

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

AUGUST 2, 2023

Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars previously reserved for losses.

Mortgages 136

Mortgages Industrial 136

Eye on Housing

AUGUST 2, 2023

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 65.9% in the second quarter of 2023, amid persistently tight housing supply. The homeownership rate remained statistically unchanged from the first quarter reading (66%). Compared to the peak of 69.2% in 2004, the homeownership rate is 3.3 percentage points lower and remains below the 25-year average rate.

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98

Inman

AUGUST 2, 2023

In today's Lesson Learned profile, find out how New York City's Reba Miller learned that your next big deal can come from anywhere — even lunch.

Agents 142

Agents 142

RIS Media

AUGUST 2, 2023

Mortgage applications saw a second straight week of decreases, this week down 3.0% from last week’s dip of 1.8%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending July 28, 2023. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased… The post Mortgage Applications See Second Week of Decreases appeared first on RISMedia.

Mortgages 98

Mortgages Loans Marketing Industrial 98

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

AUGUST 2, 2023

New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers.

New Construction 129

New Construction Construction Brokerage Technology 129

BubbleInfo

AUGUST 2, 2023

The average and median sales prices last month were similar to what they were in December, even though the same percentage of buyers paid over the list price. It might make you think that this market is retreating quickly!

Sales 98

Sales Marketing 98

Inman

AUGUST 2, 2023

The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs.

Industrial 132

Industrial 132

RIS Media

AUGUST 2, 2023

And just like that, a pair of rivals in the real estate portal sector are teaming up. As they prepare to release their second quarter earnings reports, Zillow and Redfin announced a partnership to connect home builders with buyers in the market. The collaboration will make it so Zillow’s selection of new-construction listings can be… The post Zillow and Redfin Partner to Share New-Construction Listings appeared first on RISMedia.

New Construction 98

New Construction Construction Marketing Industrial 98

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Agents

Inman

AUGUST 2, 2023

The road to real estate success is paved with strong connections, integrity and a genuine focus on client needs, trainer and coach Bernice Ross writes.

Agents 138

Agents Marketing 138

Brownstoner

AUGUST 2, 2023

This one-bedroom apartment in a 1920s Finnish co-op isn't huge, but it offers a few period touches and a renovated kitchen. It is also just a short walk from Sunset Park. The pale brick building at 728 41st Street has “Elmo Homes Inc.” etched into the stone above the keystone of… Read More > The post Sunset Park Finnish Co-op With Wood Floors, Renovated Kitchen Asks $399K appeared first on Brownstoner.

Renovation 98

Renovation 98

Inman

AUGUST 2, 2023

Having unloaded almost all of its older inventory, the iBuyer ramped up home acquisitions by 131 percent, to 840 homes, in the second quarter of 2023 and expects positive adjusted earnings by year's end.

Industrial 122

Industrial Marketing 122

RIS Media

AUGUST 2, 2023

Do you know what’s been around for almost as long as technology itself? Fear of it. This isn’t a unique phenomenon. Fearing innovation is nearly as old as invention itself. Take, for example, the late 1890s, when the bicycle was growing in popularity. According to Discover magazine, many people feared its potential negative impact on… The post How Do We Overcome the Fear of AI?

Technology 96

Technology As-is Development MLS 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