Housing Wire
MAY 21, 2024
For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information.
Keeping Current Matters
MAY 21, 2024
If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes.
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Real Estate News
MAY 17, 2024
President and CEO Mark Willis called the move “unprecedented," and said the vote by the company’s agent-led IALC passed by an “overwhelming majority.
Inman
MAY 21, 2024
Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved.
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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.
RIS Media
MAY 21, 2024
Antitrust regulators at the Department of Justice (DOJ) appear unsatisfied with the agreement struck between the National Association of REALTORS® (NAR) and plaintiffs in commission lawsuit class-actions, with a DOJ lawyer saying explicitly that they do not want any offers of compensation made by seller agents to buyer agents At a court hearing today in… The post DOJ Lawyer Says No Offers of Compensation ‘Anywhere’ appeared first on RISMedia.
Housing Wire
MAY 20, 2024
Fraud and forgery claims represented more than one-fifth of the total dollars spent by title insurers on claims expenses and losses over the past decade, according to a study conducted by Milliman and commissioned by the American Land Title Association (ALTA). Between 2013 and 2022, title insurers recorded 203,181 claims for policies written during that time, and they paid out $4.4 billion in claims related to losses and loss expenses.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
MAY 20, 2024
If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates.
Inman
MAY 20, 2024
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.
RIS Media
MAY 20, 2024
In a real estate transaction, a Use and Occupancy Agreement (U&O) presents a unique solution for buyers and sellers under certain circumstances. This agreement allows a buyer to use and occupy the property before closing the sale. Conversely, it can enable a seller to continue occupying the property post-sale. I will examine the benefits and… The post Benefits and Risks of Use and Occupancy Agreements appeared first on RISMedia.
Housing Wire
MAY 18, 2024
New listings data has been moving lower over the last few weeks. I usually wouldn’t care too much about this as its a data line that can be volatile week to week but now it’s been three weeks. The moves haven’t been significant and our weekly pending contracts data picked up this week. But, we need to see more growth in new listings data just to grow from 2023 levels. 2023 new listings data was the lowest ever on record, so it’s already a low bar.
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Real Estate News
MAY 19, 2024
A “consumer-centric” approach to buy-side commissions is better for all agents, industry leaders say. Here’s why, and what you need to know about the DOJ.
Keeping Current Matters
MAY 16, 2024
There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around.
Inman
MAY 17, 2024
Now is the time to expand your skill set, broaden your knowledge and provide value at a higher level than you’ve ever provided, Jimmy Burgess writes, so that you won't just survive, you'll thrive.
Realty Biz
MAY 19, 2024
Are you wondering how to stage a home that needs an overhaul due to its condition? Selling a house in need of repairs can be challenging. However, you can enhance its appeal with strategic staging and attract potential buyers without completing all the repairs. I will provide tips and advice on how you can accomplish your goal of selling fast without investing a ton of money: How to highlight the home's potential and minimize flaws.
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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.
Housing Wire
MAY 20, 2024
California -based multichannel lender and servicer PennyMac Financial Services announced on Monday a proposed private offering of a $650 million aggregate principal amount of senior notes that the company says it will pay back with interest by 2030. The notes will “be fully and unconditionally guaranteed on an unsecured senior basis” by the company’s existing businesses, except for certain specific outliers it does not specify.
Real Estate News
MAY 20, 2024
With many owners of existing homes hesitant to give up their low mortgage rates, new homes continue to account for an outsize share of the market.
Keeping Current Matters
MAY 15, 2024
Having a hard time finding a first home that's right for you and your wallet?
Inman
MAY 20, 2024
NAR's legal team, president and chief economist defended the group's cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month.
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.
Seattle Times Real Estate
MAY 17, 2024
State officials project Washington will need more than 1 million new homes in the next two decades. While overall housing production has soared, construction of affordable housing has not kept pace with the need.
Housing Wire
MAY 20, 2024
The U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension to Ginnie Mae’s digital collateral program and an increase to fees servicers can charge on assumable mortgages , aiming to bring more efficiency and affordability to the housing market. “The past four years have placed a series of stressors on the market, which have been exacerbated by long-standing gaps in housing supply,” Adrianne Todman, HUD’s acting secretary, said on
Real Estate News
MAY 17, 2024
Company leaders hosted a livestream to discuss NAR settlement outcomes, including buyer agreements and how to talk to sellers about buy-side compensation.
Keeping Current Matters
MAY 14, 2024
Selling your house is a big decision.
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
MAY 18, 2024
This journey is not without its challenges, broker Bob Mathew writes, but the rewards — enhanced transparency, consumer trust and a more competitive marketplace — are worth the effort.
Bigger Pockets
MAY 20, 2024
Massachusetts is the latest state considering a transfer tax in a bid to increase funding for affordable housing, but the controversial fee doesn’t bode well for the Bay State’s already pricey real estate sector.
Housing Wire
MAY 21, 2024
NEXA Mortgage , the largest mortgage brokerage firm in the U.S., will pay its loan officers 100% of the commission splits “without any per-file fees or other hidden fees,” according to co-founder and CEO Mike Kortas. NEXA usually pays loan officers 220 basis points (bps) out of 275 bps on most loans. However, moving forward, it will allow LOs to access the remaining funds — the 55-bps difference — through its new program, NEXA100.
Real Estate News
MAY 15, 2024
Sentiment drops for the first time since November, with persistent inflation and concerns about new federal rules dampening builders’ outlook.
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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.
Marco Santarelli
MAY 18, 2024
The housing market can be a complex beast, even for seasoned investors. For those considering buying a home, the decision can feel particularly daunting. With rising interest rates, a shifting market, and economic uncertainty, it's natural to wonder: should you buy a house now, or wait until 2025? Let's dive into some key data points to help you make an informed choice: Buy a House Now or Wait Until 2025?
Inman
MAY 20, 2024
Miami Association of Realtors is the most recent MLS to link up with Sidekick, an AI productivity solution spun out of Avenue 8, an independent brokerage based in California.
BubbleInfo
MAY 20, 2024
The NSDCC inventory has gotten off to a hot start in 2024 – it’s already at the level it was at in July of last year! As long as the pending keep up… oh wait. Well, maybe there will be a surge of new pendings on the way? There was a late-summer surge last year, and […] The post Inventory Watch first appeared on bubbleinfo.com.
Housing Wire
MAY 20, 2024
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), is aware that some loan officers are taking creative — and, as detailed in a recent HousingWire investigation, often illegal — approaches to winning business. And he would be willing to reexamine the decade-old rule that prohibits LOs from misclassifying lead sources to lower their own compensation, although it hasn‘t been a priority as mortgage servicing is higher on the agency‘s to-do list.
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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.
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