Housing Wire

OCTOBER 9, 2024

Heading into Aug. 17 , when the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement had to be implemented, most brokers and agents were concerned about how they would disclose a seller’s offer of buyer broker compensation. What few actually considered, though, was what would happen when a buyer went from looking at a property to making an offer.

Purchase and sale agreement 451

Purchase and sale agreement Agents Sales Closing 451

Keeping Current Matters

OCTOBER 9, 2024

You may have heard chatter recently about the economy and talk about a possible recession.

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Marketing 322

Housing Wire

OCTOBER 9, 2024

Homelessness is an escalating problem for the growing number of U.S. seniors, according to a new report from the Government Accountability Office (GAO) based on data from the U.S. Department of Housing and Urban Development (HUD). An estimated 138,000 older Americans — those 55 and older — experienced homelessness on a single night in 2023, according to HUD data.

Development 449

Development As-is Finance 449

Real Estate News

OCTOBER 9, 2024

President Susan Daimler reiterated the company's support for the Clear Cooperation Policy, and called private networks "terrible" for consumers and agents.

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Agents 293

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

OCTOBER 9, 2024

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for FHA loans — minus collateral – and also offers a warranty on income calculations and cleared conditions for funded FHA loans. “There is no other automated underwriting technology that helps lenders make decisions on FHA loans like ours,” said Mark Hinshaw, CEO of Candor Technology.

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FHA loan Loans Technology Loan Officer 432

Housing Wire

OCTOBER 9, 2024

After reaching their highest level since July 2022 , mortgage applications have declined for two straight weeks, counteracting some recent positive signs for a still-sputtering housing industry. According to weekly data released Wednesday by the Mortgage Bankers Association (MBA), applications shrank 5.1% on a seasonally adjusted basis during the week ending Oct. 4.

VA loan 430

VA loan Mortgages FHA loan Loans 430

Real Estate News

OCTOBER 9, 2024

Zillow’s latest trends report finds that, despite turbulence in the market, consumer traits and preferences are fairly stable — with some key exceptions.

Marketing 273

Marketing 273

Housing Wire

OCTOBER 9, 2024

In its race against other brokerages to add agents, eXp Realty has scored big in California. Prime Real Estate Team is leaving the white-label brokerage Side and taking its 21 agents to eXp. Led by the wife-and-husband team of Angelica Galeana Yost and Robert Yost, the team serves the Sacramento and Folsom areas of Northern California. Robert Yost is a 19-year veteran in real estate, and Angelica serves as co-team lead and director of growth.

Land 430

Land Agents Brokerage As-is 430

Inman

OCTOBER 9, 2024

Sridhar Sharma, who's credited with developing Mr. Cooper's patented AI, has been promoted to a new role, and three new tech leaders are joining from other companies.

Technology 183

Technology Development Loans Industrial 183

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Housing Wire

OCTOBER 9, 2024

A pair of top-producing agents are returning to Coldwell Banker Realty. On Wednesday, the brokerage announced that Leominster, Massachusetts -based Lynn Walsh and Charlotte -based Victoria Speer are coming back to the firm. Walsh departed Coldwell Banker Realty in April 2024 to join Lamacchia Realty , but she recently made the decision to return. “I’m very excited to be back and working with my esteemed colleagues,” Walsh said in a statement.

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Agents Commercial New Construction Title 417

Inman

OCTOBER 9, 2024

The entrepreneur and founder of Inman Group gets why people don't want to stand out. But there's also risk in letting dreams go unfulfilled, he told the audience at an Inman real estate conference in Austin.

Agents 183

Agents 183

Housing Wire

OCTOBER 9, 2024

If commission rates drop significantly as a result of the National Association of Realtors antitrust lawsuit settlement, it’s potentially an existential threat to many brokerages. But which ones and how many? Data from AccountTECH might bring us closer to an answer. Based on a sample of 100 brokerages of varying sizes and expenditures, the data shows a general trend of larger brokerages being more sensitive to a drop in commission rates than smaller ones.

Brokerage 417

Brokerage Agents As-is Finance 417

Inman

OCTOBER 9, 2024

With legal and leadership challenges aplenty, what do you see as the most intractable problem for the National Association of Realtors today?

MLS 183

MLS Industrial Agents 183

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Housing Wire

OCTOBER 9, 2024

Zillow Group is continuing its quest to become a one-stop shop to serve all the needs of a real estate agent. On Tuesday, the residential real estate giant announced the acquisition of Virtual Staging AI (VSAI). The financial terms of the deal were not disclosed. Founded in 2023 by Michael Bonacina and Mikhail Andreev, VSAI helps home sellers, agents and photographers create digitally staged images of a listing, eliminating the need for physical furniture in the home. “ We’re excited to bring th

Staging 417

Staging Technology Residential Investor 417

Inman

OCTOBER 9, 2024

Inman Connect Austin kicked off with a spirited debate about Clear Cooperation and the disconnect between brokerage leaders and agents over whether to keep it.

Industrial 183

Industrial Agents Brokerage 183

Housing Wire

OCTOBER 9, 2024

In its ongoing battle with CoStar , the parent company of Realtor.com is not giving up without a fight. Initially filed by Move Inc. in July, the lawsuit centers on James Kaminsky, a former Realtor.com employee who went to work at CoStar-backed Homes.com after being laid off by the Move subsidiary. In the suit, Move alleges that Kaminsky stole documents and trade secrets from Realtor.com, which he then provided to CoStar to fuel the rapid growth of Homes.com.

As-is 410

As-is 410

Inman

OCTOBER 9, 2024

In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The latest employment numbers.

Principal 183

Principal Agents Marketing 183

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Brokerage

Housing Wire

OCTOBER 9, 2024

In a recent episode of “The Loan Officer Podcast,“ hosts Dustin Owen and John Coleman sit down to expose common mortgage industry myths that can impact everyone from the media to recruiters and branch managers. To start the episode, Owen dives into media misconceptions concerning the Federal Reserve ’s interest rate cuts and their impacts on mortgage rates and home sales.

Industrial 410

Industrial Mortgages Loan Officer Loans 410

Inman

OCTOBER 9, 2024

Both companies exist to improve the pace of the typical real estate transaction, while reducing cost and risk for agents and consumers.

Sales 179

Sales Agents Inspection Technology 179

Housing Wire

OCTOBER 9, 2024

MIAC Analytics is marketing a large mortgage servicing rights portfolio on behalf of a lender with a big book of business in California. The portfolio consists of $292.91 million in Fannie Mae , Freddie Mac and Ginnie Mae servicing rights. The seller will be providing full representations and warranties on the portfolio , which has an average loan size of $343,383.

Marketing 410

Marketing Loans Finance Mortgages 410

Inman

OCTOBER 9, 2024

Eales said the U.S. model of cooperation remains the gold standard — but declined to take a stance on NAR's policy. "Beware what you wish for," he said on Wednesday at Inman Connect Austin.

Brokerage 179

Brokerage Agents 179

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Housing Wire

OCTOBER 9, 2024

“Rules of the Game,” a popular interactive session from past annual meetings of the National Reverse Mortgage Lenders Association (NRMLA), returned in 2024 to the San Diego event that took place at the end of September. Hosted by reverse mortgage educators Dan Hultquist and Jim McMinn, the pair aimed to once again point out how guidelines can often be misunderstood in the reverse mortgage industry.

Mortgages 394

Mortgages Equity Industrial Loans 394

Inman

OCTOBER 9, 2024

A consumer watchdog filed complaints with California’s Civil Rights Department against 200 firms after an undercover sting found that the vouchers were refused repeatedly across the state.

Brokerage 179

Brokerage Agents 179

Housing Wire

OCTOBER 9, 2024

Mr. Cooper Group has made some changes to its technology leadership, led by the promotion of Sridhar Sharma to the roles of executive vice president and chief innovation and digital officer, the company announced on Wednesday. Sharma has been the company’s chief information officer for the past decade, leading the development of Pyro AI, the company’s artificial intelligence (AI) and advanced machine learning platform.

Technology 383

Technology Banks Principal Mortgages 383

Inman

OCTOBER 9, 2024

Another online space editor means the portal leader continues to focus on helping agents better serve sellers and buyers better grasp the potential of a prospective home.

Staging 179

Staging Agents Technology Marketing 179

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Bigger Pockets

OCTOBER 9, 2024

The BRRRR strategy (buy, rehab, rent, refinance, repeat) is based on finding discounted properties, fixing them up, renting them out, refinancing, and socking away the cash flow with a long-term tenant, and repeating the process until you have amassed a sizable monthly cash flow. In 2024, I largely believe that it's unrealistic.

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130

Inman

OCTOBER 9, 2024

During a panel at Inman Connect Austin on Wednesday, Rachel Hocevar of Compass and Romeo Manzanilla of @properties Christie's International Real Estate discussed the implications of industry shakeups.

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Industrial MLS Agents 179

Brownstoner

OCTOBER 9, 2024

In a rare case of the state blocking a property sale over questionable dealings, a judge has sided with the attorney general in a long running drama that has pitted locals and preservationists against a developer and a nonprofit in Bed Stuy. In a dramatic development, a Kings County Supreme Court… Read More > The post Court Nixes Sale of Dangler Mansion Site, Throwing Its Future Into Question appeared first on Brownstoner.

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Sales Development 130