Housing Wire

MAY 13, 2024

population moving to the South, and 16% of Compass transactions last year being referrals, our expansion in the Southeast allows for more connections and opportunities for our agents as our national network grows.” The Brentwood, Tennessee-based firm has 15 offices and more than 1,500 agents spread across five counties.

Brokerage 376

Brokerage Branding Agents Industrial 376

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 315

Agents Brokerage MLS Technology 315

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. A wise agent right now is talking to buyers and sellers,” Brown said.

Agents 422

Agents Industrial Closing costs As-is 422

Housing Wire

NOVEMBER 7, 2023

The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points. Grant said.

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VA loan Agents Seller concession FHA loan 447

Housing Wire

FEBRUARY 14, 2024

successfully closed on the sale of this luxury, 4,700-square-foot property on Park Avenue on the Upper East SIde of Manhattan for $13 million. Working in real estate sales for a few years, and now you want to challenge yourself and raise the stakes? Visit Agent Image 3. Kayla Lee of SERHANT.

Agents 393

Agents Branding Design Development 393

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.

Agents 387

Agents Construction Design Branding 387

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job? trillion to $7.9

Agents 370

Agents Technology Development Industrial 370

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. Congratulations!” You just sold your house.” And that was that! They were wrong.

Agents 399

Agents Brokerage Loan Officer Closing 399

Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. ICE expects to have its second-best year for MSP sales since 2017. billion,” Gardiner said.

Industrial 267

Industrial Mortgages Technology Loan Officer 267

Housing Wire

NOVEMBER 29, 2023

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 404

Agents Brokerage Technology Staging 404

Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the forefront, is artificial intelligence , or AI. AI will not take your job, but people who know how to use AI will,” Svoboda said.

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Title Industrial Land Technology 358

Housing Wire

AUGUST 15, 2023

Gary Keller took to the stage at the 2023 Keller Williams Mega Agent Camp in Austin, Texas , Tuesday morning with his usual bravado: a black-and-white video featuring his favorite animal, the buffalo , in a thunderstorm, alongside a motivational message for agents. Our industry is in a recession,” Keller said. “But

Agents 362

Agents Marketing Staging Industrial 362

Housing Wire

AUGUST 9, 2022

The decision to close the channel also reflects fierce competition from its peers in the broker space, primarily from United Wholesale Mortgage (UWM). The gain-on-sale margin also nosedived to 1.16% in the second quarter, down from 1.96% in the previous quarter. loanDepot shares closed at $1.84 million from the previous quarter.

Closing 471

Closing Principal Lending Loans 471

Housing Wire

DECEMBER 9, 2022

With only three weeks until 2023 arrives, housing industry executives are adjusting their operations to face what is expected to be another challenging year. . Against the backdrop of this challenging economic and housing environment, companies in the housing industry continued to restructure and cut workforce to better position themselves.

Industrial 341

Industrial Residential Mortgages Investor 341

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers.

Agents 424

Agents Equity New Construction Days on market 424

Housing Wire

SEPTEMBER 19, 2023

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? A licensed appraiser conducts the evaluation and considers the condition of the property, the location and sales of comparable properties (comps) in the area. Mortgage lenders want to make sure the property is worth the sale price.

Agents 441

Agents Inspection Sales Commercial 441

Housing Wire

JULY 31, 2022

The pandemic transformed traditional business practices and gave way to a digital revolution that has impacted nearly every industry. This demand for digital business solutions is here to stay and leaders in the mortgage industry are adapting to the changing needs of borrowers everywhere. Rick Triola.

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Closing Technology Commercial Title 319

Housing Wire

OCTOBER 25, 2023

Long known for its salaried compensation for agents, Redfin is trying a new pay model in two of the nation’s largest housing markets to help boost its market share. According to Redfin CEO Glenn Kelman , the other aim of this change is to create million-dollar agents. “We So, we really think we struck the right chord here.”

Agents 376

Agents Staging Investor Technology 376

Housing Wire

MARCH 18, 2022

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. Curtis Mangus.

Loans 470

Loans Closing Mortgages Equity 470

Housing Wire

AUGUST 9, 2023

The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. While our industry is notorious for its lethargic adoption of new technologies, it is inevitable that AI will reshape many of the traditional and archaic processes that exist today.

Agents 367

Agents Brokerage Technology Industrial 367

Housing Wire

JANUARY 14, 2021

The mortgage industry has not traditionally been the vanguard of digital adoption, particularly in data intelligence and applied machine learning. The mortgage industry has been forced to respond to the massive and sudden work-from-home mandates. E-Everything (e-closing and virtual transactions). Presented by: SimpleNexus.

Industrial 477

Industrial Mortgages Lending Loans 477

Housing Wire

FEBRUARY 9, 2022

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” Why is the industry still transferring money the old-fashioned way? There’s really no experience quite like buying a home.

Industrial 387

Industrial Purchase and sale agreement Pre-approval Banks 387

HomeLight

MARCH 28, 2024

Editor’s note: On March 15, 2024, the National Association of Realtors (NAR) announced a landmark lawsuit settlement that will change the way real estate agent commissions are handled in the future. These changes will “decouple” seller and buyer agent compensation. Let’s look at the pros and cons of for sale by owner.

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Sales Agents Closing Industrial 113

RIS Media

FEBRUARY 28, 2021

A year ago, in March 2020, on the heels of an active January/February that set the year up as a strong one for home sales, the reality of COVID-19 hit the U.S. “Our le adership team has experienced market downturns and challenges before, so we knew we wanted to do more for our agents and brokers—not less. total of 5.64

Closing 133

Closing Sales Agents Technology 133

Housing Wire

AUGUST 9, 2023

“During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg , the CEO of Real. Poleg acknowledged the headwinds faced by the industry, telling analysts that elevated mortgage rates are stifling sales activity. Real recorded $185.3

Brokerage 314

Brokerage Agents Title Lending 314

Housing Wire

APRIL 29, 2024

Susan McClain was named vice president of agent success, a role in which she will focus on increasing agent support and satisfaction. As we navigate a fluctuating economic landscape, it is crucial that we continue to innovate and double down on our growth efforts, ensuring that eXp Realty remains a leader in the real estate industry.

Commercial 363

Commercial Brokerage Agents Industrial 363

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

Agents 387

Agents Loan Officer Lending MLS 387

Housing Wire

FEBRUARY 2, 2024

Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with a Redfin agent before their second home tour — and who purchase a property with that agent within 180 days of signing the agreement — a refund of 0.25% to 0.5% The buyer will receive the refund at closing.

Purchase and sale agreement 463

Purchase and sale agreement Agents Closing Brokerage 463

Housing Wire

APRIL 25, 2024

Real estate brokerage eXp Realty has added industry veteran Wendy Forsythe to its leadership team. “Her industry background and understanding of modern real estate marketing will best position us to expand our reach and impact in the market.” ” Forsythe has over two decades of experience in the real estate industry.

Marketing 321

Marketing Branding Brokerage Staging 321

Housing Wire

JANUARY 31, 2023

Marquis, whose production volume dropped by nearly one-third to $351 million in 2022 from the previous year’s $951 million, is cautiously optimistic about the mortgage industry. Connie Kim : We’ve seen a lot of optimism for the mortgage industry, mainly due to rates on a declining trend. Are you the sole person closing sales?

Loans 345

Loans Pre-approval Closing Marketing 345

Housing Wire

APRIL 22, 2024

(Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. Rather than focusing on recruiting one agent at a time, these small acquisitions would be recruiting groups of agents at a time,” Wright said.

Brokerage 369

Brokerage Purchase and sale agreement Title Industrial 369

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

Agents 431

Agents Title Residential Finance 431

RIS Media

MAY 16, 2024

Above, Filippo Incorvaia and Sarah Close When real estate professionals, and anyone else for that matter, look back on what happened within the residential real estate industry during 2023-24, normally vital measures such as mortgage rates and number of homes sold will not just take a back seat to the legal issues that have dominated… The post (..)

Brokerage 102

Brokerage Agents Residential Closing 102

Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. Borrowers can complete the closing from the comfort and safety of their own homes,” she said. “If

Closing 467

Closing Loans Banks Investor 467

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. Hunt is just one among thousands of agents who has ventured into the field of real estate during the COVID-19 pandemic.

Agents 378

Agents Branding Brokerage As-is 378

RIS Media

JULY 9, 2023

Three Berkshire Hathaway HomeServices Nevada Properties agents closed over $11 million in sales volume across the Las Vegas Valley in one week. Alexis Michaud with the Mullin Group sold a Summerlin property for $5.25 Alexis Michaud with the Mullin Group sold a Summerlin property for $5.25

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Closing Agents Sales Industrial 91

Housing Wire

DECEMBER 14, 2022

Let’s face it, mortgage sales is not for the weak. As an introvert, when I first started in the operations side of the mortgage world I dreaded the weekly pipeline calls with the sales manager I supported. This was a great way for me to start to find real connections with people in the industry. Cold calling?

Sales 380

Sales Mortgages Lending Branding 380