Housing Wire

AUGUST 17, 2023

Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. A federal court judge on Wednesday dismissed all antitrust allegations made by REX Real Estate against NAR and Zillow. The remaining claims in the case are all against Zillow, meaning that NAR is no longer a defendant in the case and will not have to participate if it heads to trial next month as scheduled.

MLS 370

MLS Brokerage Design Agents 370

Inman

AUGUST 17, 2023

New Inman contributor and tech CEO Sheila Reddy writes that technology and consumer sentiment are trending toward curated information and experiences. Real estate professionals are well-positioned to capitalize on this trend simply because it’s what they already do.

Technology 148

Technology Agents 148

RIS Media

AUGUST 17, 2023

In a program designed to honor real estate agents who are new to the business yet already achieving extraordinary results, RISMedia’s second-annual Real Estate Rookie of the Year Award program, sponsored by Colibri Real Estate, today revealed the Top 25 regional finalists for 2023. Five regional winners will be chosen from among the Top 25,… The post RISMedia Unveils Top 25 Rookie of the Year Finalists appeared first on RISMedia.

Design 98

Design Agents Marketing 98

BubbleInfo

AUGUST 16, 2023

From Leonard Steinberg at Compass: If you thought the $7 trillion Covid-linked stimulus was big, think again. It is pittance compared to the biggest stimulus that has started and will continue for the next 2 decades amounting to over $80 trillion!

As-is 98

As-is Marketing 98

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Agents

Calculated Risk Real Estate

AUGUST 15, 2023

In early June, I wrote: Could 6% to 7% 30-Year Mortgage Rates be the "New Normal"? This is an update to that post with some additional research. In the previous post I noted that a key pitch, by real estate agents for home buyers right now, is that they will likely be able to refinance at a lower mortgage rate in a few years. The argument is that once the Federal Reserve has inflation back down to the 2% target, 30-mortgage rates will decline, perhaps to around 5% or lower.

Mortgages 98

Mortgages Agents 98

Eye on Housing

AUGUST 17, 2023

Confidence in the market for new multifamily housing was in positive territory for the second quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 56 for the first quarter while the Multifamily Occupancy Index.

Development 98

Development Marketing 98

Real Estate News

AUGUST 18, 2023

Serial entrepreneur Spencer Rascoff predicts real estate agents will be “one of the biggest verticals” that will use HeyLibby to turn contacts into customers.

Agents 243

Agents 243

Inman

AUGUST 16, 2023

Housing starts increased 3.9 percent between June and July to a seasonally adjusted annual rate of 1.45 million units, according to data released Tuesday by the U.S. Census Bureau.

Construction 148

Construction Industrial 148

RIS Media

AUGUST 18, 2023

A survey of land is a critical component of real estate transactions and property ownership. It involves measuring and mapping land to determine its boundaries and identify potential issues or encroachments. Land surveys ensure accurate boundary determination, verify property rights, comply with zoning regulations, and resolve legal disputes. We will delve into the importance of… The post Why a Land Survey Is Important appeared first on RISMedia.

Land 98

Land Title Industrial Agents 98

Housing Wire

AUGUST 18, 2023

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Not prequalifying is unprofessional and can waste your time and the sellers. Always prequalify, 100% of the time! Price it to sell, not to sit. The best price reduction conversation is the one you never have to have.

Pre-qualification 370

Pre-qualification New Construction MLS Construction 370

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

Real Estate News

AUGUST 12, 2023

As the wildfire death toll rises, Keller Williams, eXp and others connect with agents, raise money and even turn an office into an emergency “command center.

Industrial 245

Industrial Agents 245

Inman

AUGUST 16, 2023

The case is currently set for trial on Sept. 18, but the National Association of Realtors is no longer a defendant, according to a court order. Some claims against Zillow remain.

MLS 148

MLS Industrial 148

RIS Media

AUGUST 18, 2023

Real estate can be an exciting and lucrative business. It is also competitive. Real estate agents who want to not only succeed but compete at the highest level and dominate the market know that there are best practices they must follow. Here are five tips every real estate agent who wants to be a top-notch… The post 5 Essential Tips Every New Real Estate Agent Needs appeared first on RISMedia.

Agents 98

Agents Marketing Development Technology 98

Housing Wire

AUGUST 18, 2023

The U.S. Department of Housing and Urban Development (HUD) this week announced a package of regulatory and administrative waivers that will allow the use of HUD funding to assist with the recovery of Maui after the island endured a series of devastating wildfires. The waivers come as thousands of government-backed mortgages on the island have been impacted by the disaster, according to data released by the office of Hawaii Gov.

Mortgages 370

Mortgages Lending Development Construction 370

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Sales

Real Estate News

AUGUST 15, 2023

Keller kicked off KW’s Mega Camp with a message for agents: “If you do the work, you will have a great real estate year, regardless of the market.

Marketing 246

Marketing Agents 246

Inman

AUGUST 18, 2023

Compass has purchased the 40-year-old brokerage and its team of nearly 40 agents, marking the publicly traded brokerage's first office in Santa Cruz County, the company announced Wednesday.

Brokerage 148

Brokerage Agents 148

RIS Media

AUGUST 18, 2023

BHHS Select Properties President and CEO Maryann Vitale Alles endorses the HSA Home Warranty. Forty years ago, Disney opened its futuristic EPCOT theme park, TV viewers were checking out David Letterman for the first time and newly minted REALTOR® Maryann Vitale Alles was providing an added touch of service by educating clients on the importance… The post Home Warranties Prove a Good Investment for Buyers and Sellers Alike appeared first on RISMedia.

Industrial 98

Industrial Agents 98

Housing Wire

AUGUST 17, 2023

The Consumer Finance Protection Bureau (CFPB) issued orders against Freedom Mortgage Corporation and Realty Connect USA Long Island for illegal kickbacks on Thursday, the first enforcement action associated with the 1974 Real Estate Settlement Procedures Act in six years. According to the CFPB, Freedom provided real estate agents and brokers with incentives, including cash payments, paid subscription services, and catered parties in exchange for agent and broker referrals for mortgage loan offer

Mortgages 370

Mortgages Loan Officer Brokerage Title 370

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

Real Estate News

AUGUST 16, 2023

A judge has ruled an antitrust claim was without merit, a key component in a federal case involving how portals display non-MLS real estate listings.

MLS 242

MLS 242

Inman

AUGUST 18, 2023

Regulators claim lenders' marketing agreements with more than 40 real estate brokerages, including Realty Connect USA, were a conduit for kickbacks that generated more than 1,000 mortgage referrals.

Mortgages 148

Mortgages Agents Brokerage Marketing 148

RIS Media

AUGUST 18, 2023

It has been a shaky and odd housing market so far this year. With fears of a major crash receding but no sign of a broad rally, big public real estate companies are seeking to find their footing against a varying and uncertain real estate landscape. So far, iBuyers have failed to effectively adapt to… The post Down But Not Out: Real Estate’s Q2 Earnings Season appeared first on RISMedia.

Marketing 98

Marketing MLS Industrial Mortgages 98

Housing Wire

AUGUST 17, 2023

The 10-year yield closed today above my key level of 4.25%: Does that mean mortgage rates will hit 8%? To understand what’s happening, here’s how I look at the bond market and mortgage rates in my forecast for 2023. In my 2023 forecast , the range on the 10-year yield was between 3.21%-4.25%, emphasizing that the bond yields can go lower than 3.21% only if the labor market breaks — which would require jobless claims to go over 323,000 on a four-week moving average.

Mortgages 370

Mortgages Banks As-is Closing 370

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

Real Estate News

AUGUST 18, 2023

The Consumer Financial Protection Bureau fined Freedom Mortgage $1.75 million and Realty Connect $200,000 for providing illegal incentives for loan referrals.

Brokerage 233

Brokerage Mortgages Loans 233

Inman

AUGUST 18, 2023

U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing.

Marketing 148

Marketing 148

RIS Media

AUGUST 18, 2023

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. Florida-based Freedom Mortgage Corporation is in hot water with the Consumer Financial Protection Bureau (CFPB) after the lender allegedly “provided kickbacks to real estate brokers and agents” in exchange for mortgage loan referrals.

Mortgages 98

Mortgages Loans Industrial Agents 98

Housing Wire

AUGUST 17, 2023

Reflecting the housing industry’s headwinds, just 16 mortgage lenders and brokers made the annual list of Inc. Magazine ‘s 5,000 fastest-growing private companies in the U.S. for 2023. It’s a sharp decline from 2022, when nearly 70 mortgage lenders and brokers were named. The companies are U.S.-based, privately held and independent as of Dec. 31, 2022.

Mortgages 370

Mortgages Loan Officer Fixed-rate mortgage Loans 370

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Agents

Real Estate News

AUGUST 16, 2023

CRMLS and other organizations are offering temporary access and support to agents affected by the Rapattoni shutdown, now in its second week.

Industrial 241

Industrial Agents 241

Inman

AUGUST 18, 2023

There will always be winners and losers in real estate, Jimmy Burgess writes this week. The winners in today’s market will take steps to increase sales now, while setting the stage for more business in the future.

Staging 148

Staging Sales Marketing Agents 148

Brownstoner

AUGUST 18, 2023

Texturally delightful, with rows of cobblestones rippling across the facade, this former church in Ontario County is an intriguing bit of New York architectural history. Between the 1820s and the mid 1860s, builders in the area used what was plentiful -- small, rounded stones -- to build houses, churches, schools,… Read More > The post Rare Cobblestone Church on Market Highlights Unusual Upstate Building Style appeared first on Brownstoner.

Marketing 98

Marketing 98

Housing Wire

AUGUST 17, 2023

With the housing industry down across the board, upstart title insurance firms couldn’t maintain strong growth rates in 2023. Just three title insurance firms made the annual Inc. 5000 list, a growth-based ranking of U.S.-based privately held and independent companies. Nine title insurers made the list in 2022. Each business had a minimum revenue of $190,000 in 2019 and $2 million in 2022, according to the business magazine.

Title 370

Title Brokerage Industrial Mortgages 370

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.

Sales