Housing Wire

APRIL 23, 2024

The National Association of Realtors (NAR) can breathe a small sigh of relief. The trade group’s nationwide settlement of the commission lawsuits has passed its first hurdle as Judge Stephen R. Bough, who oversaw the Sitzer/Burnett lawsuit , granted preliminary approval to NAR’s settlement on Tuesday. While the agreement still must receive final approval from the court, the industry is now one step closer to operating under the new rules outlined in the settlement agreement.

MLS 256

MLS Agents Industrial As-is 256

Keeping Current Matters

APRIL 23, 2024

If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.

Mortgages 197

Mortgages 197

Housing Wire

APRIL 23, 2024

Mr. Cooper Group named former Wells Fargo Home Lending executive Ranjit Bhattacharjee and former Piper Sandler analyst Kevin Barker to its leadership team on Tuesday. Bhattacharjee will officially join Mr. Cooper on May 6 as its executive vice president and chief investment officer. He will be responsible for oversight of capital markets and correspondent lending , reporting directly to chairman and CEO Jay Bray.

Lending 246

Lending Finance Equity Mortgages 246

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.

144

144

Advertisement

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

Agents

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. The lender estimates it will save tens of thousands of hours annually. That’s the latest step the mortgage lender has taken to integrate AI into its operations.

Loans 246

Loans Finance Mortgages Lending 246

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.

144

144

Brownstoner

APRIL 23, 2024

In the News How a Dating Show Host Spends Her Sundays [NYT] Artist Coalition Brightens Red Hook in April [Eagle] Earth Day Weekend 2024 Celebrated in Brooklyn [Eagle] Scenes From Brooklyn’s Best Catapult Competition [BK Mag] RIP Sherita, We Hardly Knew You [BK Mag] Toxic Vapors May Be Affecting Greenpoint, East ‘Burg [Gothamist] A Greenpoint Condo With… Read More > The post Daily Links: Illegal Weed Stores Will Lose Liquor and Lotto Licenses in State Sweep appeared first on Brownstoner

64

64

Housing Wire

APRIL 23, 2024

Guaranteed Rate made two significant executive appointments, the Chicago -based mortgage lender announced on Monday. CJ Rose was promoted to the role of executive vice president of growth and acquisition, while Chris Hutchens was hired as producing area manager for North Carolina and senior vice president of mortgage lending. Rose will be in charge of recruiting top talent, individuals, groups and companies throughout the industry.

Loan Officer 195

Loan Officer Loans Lending Mortgages 195

Brownstoner

APRIL 23, 2024

After more than a year of having its sign up on the corner of Malcolm X Boulevard and Hancock Street, Mediterranean restaurant Dar525 will be opening by mid-May, an employee told Brownstoner. The brown paper has come down from the restaurant’s windows at 231 Malcolm X Boulevard, and long gone is… Read More > The post After Delay, Mediterranean Restaurant Dar525 Plans Bed Stuy Opening appeared first on Brownstoner.

59

59

Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” Adding to this challenge, lenders must deal with an increased risk of cyberattacks, something that loanDepot itself experienced earlier this year. “At least around loanDepot, people were doing high 5s [30-year fixed mortgage rates] in the fourth quarter of last year, thinking rates were to come down, and things were going to take off.

Mortgages 195

Mortgages Technology Equity Renovation 195

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

Brownstoner

APRIL 23, 2024

This week, a look back at four of our featured listings from six months ago focuses on homes in Bay Ridge, Bensonhurst, Bay Ridge, and Boerum Hill. How did they fare? This early 20th century brick standalone house in Bay Ridge has wood floors, wall moldings, and stained glass. It… Read More > The post Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract appeared first on Brownstoner.

59

59

Eye on Housing

APRIL 23, 2024

Based on new demographic analysis of 2020 Census population counts, the Census Bureau estimates that children between the ages of 0 to 4 were undercounted by over one million. This age range is historically undercounted in the population surveys but with the addition of conducting the decennial census in the midst of a pandemic, the.

58

58

RIS Media

APRIL 23, 2024

In a profession built on trust, integrity, and fairness, a new initiative is emerging to raise the bar for real estate professionals nationwide. The Jason Mitchell Group (JMG) has announced the launch of The Real Estate Agent Pledge—a transformative movement aimed at promoting transparency and fairness in every real estate transaction. The Real Estate Agent… The post Introducing The Real Estate Agent Pledge: A Commitment to Transparency and Fairness in Real Estate Transactions appeared fir

Agents 56

Agents Industrial 56

Calculated Risk Real Estate

APRIL 23, 2024

The Census Bureau reports New Home Sales in March were at a seasonally adjusted annual rate (SAAR) of 693 thousand. The previous three months were revised down, combined. March 2024 were at a seasonally adjusted annual rate of 693,000 , according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

Sales 55

Sales Construction Closing Development 55

Advertisement

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.

Sales

RIS Media

APRIL 23, 2024

Compensation is being removed from the MLS, and buyer agents will be required to sign written agreements with clients. Those changes affect everyone, but not everyone is reacting, adapting or preparing for them in the same way. With how local real estate remains, the path forward will depend on who you are following. Merri Jo… The post Stellar MLS CEO “Stands Tall” as Industry Faces Tough Questions Post-Settlement appeared first on RISMedia.

MLS 56

MLS Industrial Agents As-is 56

Marco Santarelli

APRIL 23, 2024

The Canadian interest rate is currently undergoing a period of significant change. After a prolonged era of historically low rates, the Bank of Canada (BoC) has embarked on a tightening cycle to combat inflation. But where will rates go from here? Let's delve into the forecast for the next five years, unpacking the factors at play and exploring potential scenarios.

Banks 52

Banks Mortgages Land Closing 52

RIS Media

APRIL 23, 2024

After two years of incredible industry response—and an expansion to honor not just a national winner but five regional winners and 20 runners-up—RISMedia’s third annual Real Estate Rookie of the Year contest opens for nominations on May 1. A program designed to honor real estate agents who are new to the business yet achieving extraordinary… The post 2024 Rookie of the Year Nominations to Open May 1 appeared first on RISMedia.

Design 56

Design Industrial Agents 56

BubbleInfo

APRIL 23, 2024

Yesterday, it was announced that CoStar is buying Matterport. Excerpts: I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission,” said Andy Florance, Founder and CEO of CoStar Group. “The world has changed and today a Matterport is the new […] The post The New Open House first appeared on bubbleinfo.com.

52

52

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

RIS Media

APRIL 23, 2024

As mortgage rates rose back up to the 7% range last week and home prices remain elevated, market signs don’t necessarily point to significant improvement anytime soon. Despite the challenges, however, new-home sales continue to fight through—posting a strong rise in March. New-home sales rose 8.8% in March to a rate of 693,000, up 8.3%… The post New-Home Sales Jump in March appeared first on RISMedia.

Sales 56

Sales Mortgages Marketing Industrial 56

Marco Santarelli

APRIL 23, 2024

The US real estate market , a cornerstone of the American economy, is exhibiting signs of vulnerability according to a recent report by the Federal Reserve. This biannual Financial Stability Report , published in April 2024, raises concerns about both the residential and commercial sectors , highlighting potential risks to financial stability. Residential Market: A House of Cards?

Commercial 52

Commercial Residential Equity Banks 52

RIS Media

APRIL 23, 2024

A federal judge today promptly issued preliminary approval to the landmark settlement agreement struck last month between the National Association of REALTORS® (NAR) and a class of recent homesellers, a major, if expected step toward finalizing a deal that will see NAR pay $418 million and make major changes to policies and practice. Judge Stephen… The post NAR Settlement Receives Preliminary Approval, Faces Further Scrutiny appeared first on RISMedia.

MLS 52

MLS Industrial Agents 52

BubbleInfo

APRIL 23, 2024

The locked-in effect has been bandied about for the last couple of years as the reason why the inventory remains thin. But it’s not stopping those who want to pay cash and avoid a mortgage altogether – every area is showing increases in the all-cash purchases. If you don’t want to leave your local neighborhood, […] The post All Cash first appeared on bubbleinfo.com.

Mortgages 52

Mortgages As-is Marketing 52

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

RIS Media

APRIL 23, 2024

In the ever-evolving landscape of real estate, success is not merely a matter of chance but a product of deliberate habits and strategies. Having assisted hundreds of real estate businesses with bookkeeping and taxes services this quarter alone, Brandon Green and his team at Alchemy of Money, a leading financial services firm catering exclusively to… The post Unlocking Success: 5 Key Habits of Profitable Real Estate Agents in 2024 appeared first on RISMedia.

Agents 52

Agents Development Finance Industrial 52

Fancy Pants Homes

APRIL 23, 2024

As the latest season of the hit reality competition series “The Circle” hit our screens, we couldn’t help but notice that something looks a little bit different. And no, we’re not talking about the new AI bot that has entered the chat (sorry, Max). The reality show has a brand new building, a whole new series of colorful apartments, and a fresh filming location set on American soil — stepping away from the UK filming location where all international versions of the

Design 52

Design Lending Branding As-is 52

RIS Media

APRIL 23, 2024

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. It’s 2024, and today’s buyers and sellers are a mobile-first demographic, always looking to their phones to research, explore and connect. Communicating with your clients effectively can make… The post Social Skills: What’s Up With WhatsApp Business?

Agents 52

Agents Marketing Development Industrial 52

Eye on Housing

APRIL 23, 2024

Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this month, which is expected to moderate sales and increase the use of builder sales incentives this.

Sales 52

Sales Mortgages As-is 52

Advertisement

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.

Agents

RIS Media

APRIL 23, 2024

In the latest RISMedia webinar—“How to Diversify Strategies That Break Barriers and Expand Business in a Post-Burnett World”—high-level industry leaders discuss how the real estate industry can and must change after the class-action commission lawsuits. The webinar was moderated by Charlie Oppler, CEO of Prominent Properties Sotheby’s International Realty and former National Association of REALTORS®… The post Webinar Recap: How to Diversify Strategies to Break Barriers and Expand Bus

Industrial 52

Industrial MLS Development 52

Brownstoner

APRIL 23, 2024

By Samantha Maldonado This article was originally published on April 19 at 5 a.m. EDT by THE CITY Owners in a debt-saddled Brooklyn Heights affordable co-op complex are getting city help unlocking the power to generate cash when apartments sell — infuriating people who’ve spent years on the waiting list… Read More > The post Brooklyn Heights Affordable Co-op Gets City Aid to Generate Cash Via Sales, Dashing Waitlisters Dreams appeared first on Brownstoner.

Sales 52

Sales 52

RIS Media

APRIL 23, 2024

RE/MAX has published its latest housing report, offering key market insights on both a national level and among key metro areas. Key details: Home sales increased 21.6% month over month, from February to March 2024. However, this is a noticeably smaller increase in sales than in March 2023 (37.7%) and March 2022 (33.2%). The… The post RE/MAX Predicts Healthy Homebuying Summer as Inventory Grows appeared first on RISMedia.

Sales 52

Sales As-is Marketing Industrial 52

Easy Agent Pro

APRIL 23, 2024

Hiring a real estate virtual assistant can revolutionize your business by tackling demanding tasks, from managing emails to handling customer service, leaving you free to close deals. You’ll lower overhead and increase efficiency without compromising on service quality. Go beyond day-to-day operations by using your VA for strategic tasks like social media marketing and property staging tips.

Staging 52

Staging Closing Branding Marketing 52

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