Housing Wire
APRIL 24, 2024
The rental segment has been marked by strong demand and looks to continue on this trajectory given mortgage rates that continue to hover around 7% and record property prices across many U.S. regions. In spite of some slowdown, rents have continued to appreciate, being nearly 30% higher than prior to the pandemic, with February levels up 3.5% as compared to the previous year.
Keeping Current Matters
APRIL 24, 2024
If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.
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Housing Wire
APRIL 24, 2024
Few cities have benefited as much from the recent trend of Americans increasingly moving south as Dallas. The Dallas-Fort Worth-Arlington metro area had the largest increase in population count between 2021 and 2022 of any metro area in the country, adding more than 170,000 people , according to the U.S. Census Bureau. That’s a lot of new Texans in a state that already has three of the nation’s 10 largest cities.
Real Estate News
APRIL 24, 2024
Awards recognize residential real estate brokerage sites for excellence in website design, functionality and performance.
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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.
Housing Wire
APRIL 24, 2024
Another brokerage has decided to settle the commission lawsuits. Chicago-based At World Properties , which own @properties and Christie’s International Real Estate , has agreed to settle the nationwide class-action antitrust claims brought by home sellers. According to the firm, the settlement agreement covers all company-owned brokerages including all those under the @properties, Christie’s International Real Estate, Ansley Real Estate and Sereno brands, as well as independently owned brokerage
Inman
APRIL 24, 2024
Buyers and sellers are confused about the new rules of the road. Trainer Bernice Ross and Jeff Lobb discuss how agents can change up the conversation and add clarity and confidence.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
APRIL 24, 2024
Each month, the trade group publicly reports the size of its ranks and other data on its official website. But as recently as this month, state-by-state and national data is nowhere to be found.
Housing Wire
APRIL 24, 2024
The Consumer Financial Protection Bureau (CFPB) on Wednesday released a new edition of its Supervisory Highlights publication, which includes the agency’s actions to combat what it calls “ junk fees charged by mortgage servicers , as well as other illegal practices.” Examinations conducted by the bureau found mortgage servicers levied charges it deems “illegal,” including prohibited property inspection fees, the issuance of “deceptive” notices to borrowers, and violations of loss-mitigation rule
Inman
APRIL 24, 2024
Agent optimism over future buyer pipelines fell from 44 percent before the deal to 27 percent afterward — one of the starkest monthly shifts in sentiment that Intel has recorded in the last year.
Housing Wire
APRIL 24, 2024
As any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges , the narrow focus of the product and low mortgage market penetration are just a few of the reasons why. With the right ambassador, that task is made simpler. The partner engagement program at Finance of America Reverse (FAR) aims to bring new people and professional relationships into the orbit of the nation’s top reverse mortgage lend
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.
Inman
APRIL 24, 2024
Conrad Miller shares what the right brokerage can do for your professional growth and personal satisfaction at every stage of your real estate career.
Housing Wire
APRIL 24, 2024
HousingWire is excited to announce this year’s Rising Stars, representing the next generation of leaders in mortgage and real estate. This year 80 honorees were selected. The Rising Stars award recognizes the emerging leaders in the industry who have demonstrated rapid career growth and an ability to lead, achieving remarkable milestones all before the age of 40.
Inman
APRIL 24, 2024
Share your back-in-the-saddle, boots-on-the-ground perspectives now that NAR's settlement has received preliminary approval.
Housing Wire
APRIL 24, 2024
Judge Stephen R. Bough ruled Tuesday that the Umpa and Gibson commission lawsuits can consolidate. “The Court finds that consolidation is appropriate given that the instant case and Gibson, et al. v. National Association of Realtors , et al., involve common questions of law and fact, consolidation will conserve judicial resources and promote efficiency, and consolidation will not cause undue delay, confusion, or prejudice,” Bough wrote in his ruling.
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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.
RIS Media
APRIL 24, 2024
Percy.ai—a leader in data intelligence and fintech marketing for the real estate and mortgage sectors—has announced the appointment of Lisa Larson as its new Chief Strategy Officer. With over two decades of expertise in real estate property technology across North America, Larson will spearhead the development of AI and Machine Learning strategies and manage the… The post Percy.AI Appoints Lisa Larson as Chief Strategy Officer appeared first on RISMedia.
Housing Wire
APRIL 24, 2024
Hilary Saunders speaks at The Gathering by HousingWire on Monday, April 22. Photo credit: AJ Canaria Hilary Saunders , the co-founder and chief broker officer at Side , sees the current challenges facing the real estate industry as yet another opportunity for brokerage models to further evolve. “I think what we are definitely going to see is a fall-off of the old way of doing things,” Saunders told attendees at HousingWire ’s The Gathering.
Calculated Risk Real Estate
APRIL 24, 2024
After the National Association of Realtors® (NAR) releases the monthly existing home sales report , I pick up additional local market data that is reported after the NAR. This is the final look at local markets in March. I’ve added a comparison of active listings, new listings, and closings to the same month in 2019 (for markets with available data).
Housing Wire
APRIL 24, 2024
Mr. Cooper Group unveiled strong financial results during the first quarter of 2024, buoyed in part by a strong servicing and subservicing business. The firm reported $450 million in revenue and $181 million in net income during the first three months of the year. Additionally, its return on tangible common equity rose to 14.5% in Q1 2024, up from 12.5% in the fourth quarter of 2023.
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.
RIS Media
APRIL 24, 2024
Pushing forward with his own unique take on portal monetization, CoStar CEO Andy Florance said on a recent earnings call he believes incumbents like Zillow, realtor.com® and Redfin are facing major headwinds from changes agreed to by the National Association of REALTORS® (NAR) as part of a recent lawsuit settlement. “With recent seismic legal settlements… The post Legacy Portals Will Be “Stressed” by NAR Settlement, CoStar Claims appeared first on RISMedia.
HomeLight
APRIL 24, 2024
Do you own a home in Daytona Beach, Florida, but can’t afford the repairs it would take to sell it the traditional way? “We Buy Houses” companies can provide an easy exit for homeowners who lack the money, time, or expertise to prepare their properties for sale. These companies pay cash for houses in as-is condition, meaning you don’t have to lift a finger to fix it up or deep-clean.
RIS Media
APRIL 24, 2024
Editor’s Note: The Top 1,000 brokerage firms for the 2024 Power Broker Report ranked by sales volume and transactions are available to Premier members here. The Power Broker interviews interviews feature heads and leaders within some of the top brokerages of the list sharing their insights for success in real estate. Check back soon for… The post Power Brokers, One-on-One: Part 1 appeared first on RISMedia.
HomeLight
APRIL 24, 2024
When selling your home in South Carolina, it’s important to understand the various costs involved, including real estate transfer taxes. These taxes are fees imposed by state, county, or municipal authorities whenever there’s a transfer of property ownership. We’ll explore the different types of transfer taxes, who is responsible for paying them, and any applicable exemptions.
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.
Marco Santarelli
APRIL 24, 2024
The mere mention of a housing market correction sends shivers down the spines of many. Memories of the 2008 crash are still fresh, conjuring images of plummeting home values, foreclosures, and a financial crisis of epic proportions. But is a 2008 repeat on the horizon in 2024? Experts largely agree: the answer is no. Here's why the housing market today presents a different scenario, backed up by data sets and tables: A Tale of Two Housing Markets: Supply & Demand A critical difference betwee
Eye on Housing
APRIL 24, 2024
NAHB analysis of the most recent Quarterly Sales by Price and Financing report reveals that the share of new home sales backed by VA loans climbed substantially in the first quarter of 2024, while all-cash sales share fell by nearly 30%. However, the median purchase price of homes bought with cash continued to increase in.
RIS Media
APRIL 24, 2024
The parent company of @properties and Christie’s International Real Estate today became the latest brokerage to settle seller commission lawsuits, according to court filings, and also the first independent to do so. At the same time, Realty ONE Group indicated it had reached an agreement to end litigation by sellers. The @properties and Christie’s International… The post @properties and Realty ONE Group Settle Commission Lawsuits appeared first on RISMedia.
Lighter Side of Real Estate
APRIL 24, 2024
Selling your house at the absolute peak of the market would be ideal, and not just because that’s the perfect time to get the highest price and pocket the most money. It usually means that you’ll also get your house sold quickly — often with multiple offers — and the most favorable terms, like flexible closing dates and buyers waiving contingencies.
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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.
RIS Media
APRIL 24, 2024
On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted to ban noncompete clauses—language in employment contracts that prevents departed employees from working for competitors after a set period of time. The ruling not only bans new non-compete clauses from being signed, but would void existing ones—however, there is an exception to noncompete clauses… The post FTC Votes to Ban Employee Noncompete Clauses appeared first on RISMedia.
Maximum Exposure Real Estate
APRIL 24, 2024
Homeowners’ associations (HOAs) often face the challenge of managing emergency repairs, which can arise unexpectedly and require immediate attention. I will review HOAs’ mechanisms to fund these urgent expenses, focusing on special assessments, reserve accounts, and insurance. Understanding these financial tools allows a homeowners association to handle sudden repairs without compromising the community’s economic stability. […] The post How HOAs Handle Emergency Repairs a
RIS Media
APRIL 24, 2024
After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending April 19, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7% on… The post Mortgage Applications Down in High-Rate Environment appeared first on RISMedia.
Marco Santarelli
APRIL 24, 2024
Imagine trying to plan your finances for the next ten years, but interest rates – those numbers that impact everything from mortgage payments to savings account returns – are a bit of a mystery. In Canada , that's the current situation. While experts are offering their best predictions, the truth is the future of interest rates remains somewhat up in the air.
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.
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