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10 ways to use virtual reality technology in your real estate business

Housing Wire

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). With its captivating and immersive experiences, VR has captured the attention of industry stakeholders, unlocking vast untapped potential.

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Recruiters turn to AI in their quest to lure top agents

Housing Wire

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.

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CoreLogic promotes industry veteran to lead real estate business

Housing Wire

In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene began his tenure at CoreLogic in 2016, where he held key roles in strategic leadership and sales capacities. Greene is also a former real estate broker/owner and a U.S. “Our

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ICE’s mortgage business outperforms in Q3 despite industry tailwinds

Housing Wire

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. from Q3 2022’s $276 million.

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Title industry examines risks, rewards of AI

Housing Wire

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 same time, firms overlook the cultural impact the technologies could have, causing us to underestimate their impact on society.

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Why regular check-ins are the unsung heroes of agent retention

Housing Wire

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 413
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Fed advocates for change in the agent commission dispute

Housing Wire

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. Similar to the arguments made by the plaintiffs and their attorneys in the commission lawsuits, the authors of the paper argue that despite technological advances, agents still take a “high percentage commission.”

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