Housing Wire
APRIL 20, 2024
Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25% , something I couldn’t get all last year. Of course, what is different this year versus last year is that new listing data is growing yearly instead of trending at the lowest levels recorded in history. This is something I talked about last week on Yahoo Finance.
Keeping Current Matters
APRIL 22, 2024
According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down.
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Real Estate News
APRIL 20, 2024
The Supreme Court passes on a chance to weigh in, objections pile up, and Fannie and Freddie say it’s all right to exclude commissions from seller concessions.
Inman
APRIL 22, 2024
Matterport's board of directors unanimously approved the deal, which will be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting a value of $1.6 billion.
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Housing Wire
APRIL 21, 2024
California Association of Realtors CEO John Sebree has departed the trade organization. In an announcement on Saturday, CAR said that Sebree was resigning to “pursue other opportunities. “On behalf of CAR’s leadership team and the Board of Directors, I’d like to thank John for his contributions and service as CEO and State Secretary for our organization.
Keeping Current Matters
APRIL 23, 2024
If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
APRIL 22, 2024
As the real estate industry continues to evolve, embracing the transformative potential of AI and blockchain technology to gain a competitive edge.
Housing Wire
APRIL 22, 2024
Last week, Keller Williams was named to an additional class-action lawsuit, which also takes issue with alterations made to the brokerage’s profit-sharing program. In the past few weeks, 12 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza, Jack Levine and John Exnicios — took legal action against the real estate brokerage by filing a host of class-action lawsuits
RIS Media
APRIL 22, 2024
HomeAdvantage—a subsidiary of Jason Mitchell Group Holding Partners—announced a partnership with Real Estate Connection (REC)—a REALTOR® management company and brokerage. REC will now offer the HomeAdvantage product and nationwide MLS for lender accounts. HomeAdvantage is a tech-enabled platform providing nationwide MLS portals along with a nationwide network of real estate professionals, streamlines the home buying… The post HomeAdvantage Partners With Real Estate Connection appeared firs
Real Estate News
APRIL 22, 2024
The move gives the Homes.com parent company access to a massive amount of digital property information as it looks to strengthen its residential presence.
Advertiser: Trellis
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Inman
APRIL 22, 2024
The Utah-based disruptor "moved our real estate agents from W2 to 1099" while other "non-Homie" agents were laid off last week due to "role redundancy," a Homie spokesperson confirmed to Inman.
Housing Wire
APRIL 22, 2024
Earlier this month, California-based multichannel mortgage lender CMG Financial announced that it had acquired Norcom Mortgage ’s retail assets to expand its operations in the Northeast. The deal, however, will not include core members of Norcom’s well-known team of reverse mortgage professionals, including John Luddy , Norcom’s senior vice president of reverse lending.
Seattle Times Real Estate
APRIL 20, 2024
Veteran Seattle developer Martin Selig is reportedly still trying to refinance a $239 million office loan that comes due next month.
Real Estate News
APRIL 22, 2024
Plaintiffs in Umpa and Gibson have asked the court to merge the two lawsuits. The antitrust cases cover similar ground and name several of the same defendants.
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Inman
APRIL 22, 2024
Anxiety around commissions leaped to the top of the worries brokerage leaders face, pushing down concerns around inventory and competition, according to Inman Intel Index survey results.
Housing Wire
APRIL 22, 2024
Scott Wright and Steve Murray of RealTrends Consulting. (Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. While merger and acquisition activity has quieted amid the uncertainty, RealTrends Consulting’s Scott Wright and Steve Murray say now is the perfect time for firms to lay the groundwork for future deals.
RIS Media
APRIL 22, 2024
As a third-generation broker, with both his grandfather and father deeply involved in the company business, Steve Fase II naturally gravitated toward real estate. Growing up, Fase watched them working hard every day to help buyers and sellers, and help agents achieve their goals. The impact of building those relationships over the years piqued his… The post Power Broker Insights: Building Upon a Family Foundation appeared first on RISMedia.
Real Estate News
APRIL 22, 2024
Sitzer/Burnett plaintiffs filed preliminary approval docs on Friday, triggering a countdown to opt in to the agreement process outlined by NAR and the courts.
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
APRIL 22, 2024
Anthony Lamacchia thinks some agents are reading too much into guidance issued by mortgage giants Fannie Mae and Freddie Mac confirming sellers can continue to pay buyer's agents' commissions.
Housing Wire
APRIL 22, 2024
CoStar Group is continuing to focus on expansion. The firm announced Monday that it has acquired 3D scanning company Matterport. The Andy Florance -helmed CoStar purchased all of Matterport’s outstanding shares for $5.50 each, representing a value of $2.1 billion. Through the terms of the deal, stockholders will get $2.75 per share in cash and $2.75 in shares of CoStar Group.
RIS Media
APRIL 22, 2024
CoStar, the commercial conglomerate-turned residential portal gate-crasher, announced today that it is acquiring Matterport in a deal worth $1.6 billion, adding what appears to be a highly complementary new business to its growing arsenal of real estate-focused companies. “CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate,” said Andy… The post CoStar Drops $1.6 Billion to Acquire 3D Camera Pioneer Matterport appeared first on RISMedi
Real Estate News
APRIL 23, 2024
It’s not too late to get on board, but “you have less than a year to figure it out,” AI expert Allie K. Miller told execs at the T3 Leadership Summit.
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
APRIL 22, 2024
Rodland Real Estate, which operates across the archipelago, provides clients a private members portal with access to off-market properties. With the network Rodland has built over the years, the firm is particularly well-suited to aid newcomers to The Bahamas.
Housing Wire
APRIL 22, 2024
With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.
Marco Santarelli
APRIL 20, 2024
A common question on many people's minds is whether the U.S. housing market will crash again. To address this concern, it's essential to consider various expert analyses and economic indicators that provide insight into the future of real estate. The forecasts show that the housing market in 2024 is expected to continue grappling with high home prices and elevated mortgage rates, which have been a significant barrier to homeownership for many.
Real Estate News
APRIL 23, 2024
A hearing for final approval is scheduled for Nov. 26. The court filing also included information about who is covered in the nationwide class action.
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Inman
APRIL 20, 2024
Event planning is about more than space and catering. Let Liane Dutton guide you through developing an effective call to action and measurable outcomes to ensure recruiting success.
Housing Wire
APRIL 22, 2024
Just hours after announcing his firm’s acquisition of 3D scanning firm Matterport , CoStar Group CEO Andy Florance took to the stage in Scottsdale, Arizona, at HousingWire ’s annual conference, The Gathering , to discuss the news. “Photography is so 1989,” Florance said. According to Florance, the capabilities Matterport offers real estate agents, which are not just limited to floor plans, will allow homebuyers to view properties without staging or with their own furniture in the property.
Realty Biz
APRIL 22, 2024
Uncontrolled mold growth can cause homeowners persistent inconvenience. It can increase in any part of your house, including the roof, and deteriorate the roof surface and its building material. The nuisance can ultimately affect the interior of your home as well. So being a homeowner, you should pay attention to mold remediation. You can take some basic steps yourself, however procuring the services of roofing contractors can be quite helpful in this regard.
Seattle Times Real Estate
APRIL 22, 2024
Tenants in low-income housing are struggling to pay rent — or refusing, depending on whom you ask. Either way, the debt could hurt affordable housing long-term.
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.
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