Housing Wire
APRIL 15, 2024
Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday. The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees.
Real Estate News
APRIL 16, 2024
The federal finance giants clarified their policies, confirming that buyer agent compensation won't be applied to concession limits.
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Keeping Current Matters
APRIL 16, 2024
If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action.
Inman
APRIL 17, 2024
Fannie, Freddie and FHA say sellers can continue to pay the buyer's agent's commission. But it remains to be seen if buyers will be allowed to finance their agent's commission into their mortgage.
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Housing Wire
APRIL 18, 2024
Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% from the previous year ($375,300).
Real Estate News
APRIL 16, 2024
PulteGroup, which potentially has thousands of claims as a seller, raised concerns about “needless and time-consuming” paperwork and lack of transparency.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
APRIL 18, 2024
The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals.
Housing Wire
APRIL 16, 2024
Today, Federal Reserve Chairman Jerome Powell made statements at the Washington Forum that indicate there will be no rate cuts anytime soon because the economy and the labor market are too strong with sticky inflation. This is a change from previous statements where the Fed talked about the rate cuts it expected to make this year — although that timeframe has changed several times.
Real Estate News
APRIL 18, 2024
Two U.S. senators are pushing for policy changes that would reduce “exclusionary” zoning regulations and promote local development.
Keeping Current Matters
APRIL 18, 2024
Over the past year or so, a lot of people have been talking about how tough it is to buy a home.
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Inman
APRIL 15, 2024
Global real estate network Leading Real Companies of the World (LeadingRE) has added photography services provider AJ Canaria Creative Services to its Solutions Group, a family of industry vendors it champions to its 550 members.
Housing Wire
APRIL 18, 2024
Atlanta-based PulteGroup Inc. , one of the largest homebuilders in the U.S., has filed an objection in the Sitzer/Burnett commission lawsuit following settlements with Anywhere , RE/MAX and Keller Williams. PulteGroup says that the company does not have enough information to adequately determine the amount of money it could recover, among other issues, according to a court filing reviewed by HousingWire.
Real Estate News
APRIL 18, 2024
No rate relief is expected soon, and home prices are also setting records this spring, suppressing existing home sales.
Keeping Current Matters
APRIL 15, 2024
Have you been saving up to buy a home this year?
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Inman
APRIL 15, 2024
The European-style home is located in the Hollywood Hills' coveted Bird Streets. The sale marks a breakthrough for a market that's been crippled by high interest rates and a mansion tax.
Housing Wire
APRIL 16, 2024
In the wake of the recent NAR settlement , coupled with persistently sluggish home sales and high interest rates , real estate agents find themselves at a crossroads marked by uncertainty and unease. Amidst this backdrop, brokerages face a critical task; keeping their agent counts from diminishing. However, with many agents feeling uncertain about their futures, a potential mass exodus from the industry may be looming.
Real Estate News
APRIL 16, 2024
During a livestream presentation, Bright MLS’s chief economist highlighted some of the most misunderstood topics or mistaken beliefs about real estate.
Brownstoner
APRIL 18, 2024
Locals called for proportional and contextual development in Windsor Terrace -- rather than high-rises that could set precedent for the neighborhood and beyond -- at a heated community meeting on a proposed 13-story development on Tuesday night. More than 200 residents from Windsor Terrace and surrounding neighborhoods packed Shepherd’s Hall… Read More > The post Windsor Terrace Locals Want a Shorter, More Affordable Arrow Linen Project appeared first on Brownstoner.
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 18, 2024
Existing-home sales retreated 4.3 percent between February and March to a seasonally adjusted annual rate of 4.19 million, according to data released Thursday by the National Association of Realtors.
Housing Wire
APRIL 18, 2024
Every business is on the brink of significant transformation driven by the potential of Artificial Intelligence (AI) and workflow automation, and the mortgage industry is no exception. With AI’s capacity to perform complex reasoning and manage autonomous operations, it is critical to explore how this technology can reshape industry standards, enhance operational efficiency, and how we as an industry manage its inherent risks.
Real Estate News
APRIL 16, 2024
A new survey from Real Brokerage offers insight into agent sentiment and how they really feel about the industry changes set to go into effect this summer.
RIS Media
APRIL 17, 2024
Given the recent proposed settlement agreements and accompanying media hoopla, it is time for the voice of factuality to be heard. Now we must even combat misleading presidential pronouncements, such as this from a March 19, 2024, news conference: “…last week the National Association of Realtors agreed for the first time that Americans can negotiate… The post Op-Ed: The Truth About Home Prices and Real Estate Commissions appeared first on RISMedia.
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 15, 2024
Want to increase your impact and improve your business? New Inman contributor Amy Hullet says the key is taking a genuine interest in people and getting out there to meet them where they are.
Housing Wire
APRIL 15, 2024
As older people increasingly express their preference to age in place in their own homes, family members will oftentimes be required to provide some semblance of care for their loved ones in later life. Caregiving challenges can be compounded if there’s only one child in the family, but a reverse mortgage could offer a solution, according to a column published by Reuters.
Real Estate News
APRIL 17, 2024
Get answers to the big questions on everyone's mind: What will happen with inventory and mortgage rates — and will the NAR settlement impact the market?
Bigger Pockets
APRIL 17, 2024
The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities.
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Inman
APRIL 15, 2024
MacDonald is the latest agent to boomerang back from a previous brokerage amid intense competition. In 2023, while an agent at Compass, she closed approximately $20 million in sales volume.
Housing Wire
APRIL 15, 2024
Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. If this scenario unfolds, analysts and executives will be ready to update their baseline expectations for 2024, including fewer refinance and purchase loans than previously forecast.
Real Estate News
APRIL 13, 2024
Bright MLS legal counsel Brian Schneider explained the ins and outs of the NAR settlement rule changes. Here’s what real estate professionals need to know.
Marco Santarelli
APRIL 18, 2024
The spring housing market of 2024 is anticipated to be more costly for investors due to the U.S. Federal Reserve's stance on interest rates , which has triggered reverberations throughout the real estate sector. Understanding the repercussions of the Fed's decisions is paramount. Recently, the Fed indicated its plan to maintain interest rates at current levels for an extended period, citing persistent inflation.
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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