Housing Wire

NOVEMBER 21, 2022

(FGMC) , controlled by global investment management firm PIMCO, filed for Chapter 11 bankruptcy protection in June. Michael Strauss’s Sprout Mortgage shut down in July, laying off its staff without paying salaries and severance. The question is: why? . Stronghill, however, is no stranger to the non-agency and investor loan space. .

Commercial 332

Commercial Residential Bankruptcy Investor 332

Housing Wire

DECEMBER 28, 2021

After the fire, the price of PG&E’s shares tumbled and in early 2019 the company, which provides gas and electricity to the vast majority of Northern California homes, filed for Chapter 11 restructuring bankruptcy. In 2020, as part of its plan to exit bankruptcy , PG&E agreed to fund a $13.5

Bankruptcy 304

Bankruptcy New Construction Construction Agents 304

Inman

APRIL 4, 2023

As both Realtors and homeowners await the outcome, the defendants' next moves — settlement, trial or bankruptcy, may very well reshape the industry’s landscape for many years to come. With the stakes higher than ever in Moerhl, the real estate industry is facing significant upheaval in terms of how listing and selling agents are compensated.

Bankruptcy 117

Bankruptcy Agents Industrial As-is 117

Realty Biz

FEBRUARY 23, 2021

Online real estate brokerage Redfin has said it will acquire the apartment search giant RentPath Holdings Inc. Redfin said it will pay $608 million in cash to acquire RentPath, which filed for bankruptcy in February 2020. If the deal goes ahead, it will enable RentPath to exit the Chapter 11 bankruptcy proceedings.

Bankruptcy 74

Bankruptcy Property Management Brokerage As-is 74

GeekEstate

NOVEMBER 17, 2023

On the CRE side, flex office powerhouse WeWork declared bankruptcy. Seasonally-adjusted annual sales of existing homes were below 4 million (according to Zillow), which is as low as they’ve been since the back side of the 2008 financial crisis. in revenue, a 17% YoY increase. Gross booking volume was $18.3B, a 17% YoY increase.

Bankruptcy 68

Bankruptcy Residential Brokerage As-is 68

The Close

MARCH 9, 2023

During the Great Recession of 2008, I was given the opportunity to lead a large brokerage firm. Within two short years, the Keller Williams brokerage I was leading went from near bankruptcy to number 10 out of more than 700 brokerages! Thankfully, you can train your real estate agents to make this sales shift.

Agents 89

Agents Marketing Brokerage Bankruptcy 89

Realty Biz

AUGUST 26, 2021

The brokerage currently serves Northern Ellis County and the Dallas-Fort Worth Metroplex. Texada started her career as a bankruptcy and foreclosure analyst before transitioning to real estate; financial counseling plays a central role in the firm’s value to clients. Broker/owner Erica Texada established the company in 2016.

Bankruptcy 109

Bankruptcy Branding Development Residential 109

Notorious ROB

AUGUST 26, 2022

The remaining sellers used some other independent brokerage maybe, like EXP or Redfin or someone else. Even 10% is $37 billion — instant bankruptcy for everybody involved. But, the class is limited to those sellers who used HomeServices of America, KW, Realogy, RE/MAX, HSF or BHH. Let’s say that’s about half the market?

MLS 96

MLS Bankruptcy Brokerage Sales 96

Fancy Pants Homes

MAY 13, 2022

brokerage Hilton & Hyland to hold an online auction. It does, however, land it a spot on the list of most expensive residential properties ever to be auctioned, a ranking led by Nile Niami’s spec megamansion , The One, sold at a bankruptcy auction for a record $141 million. is once again trying to bank a $100+ million sale.

Bankruptcy 124

Bankruptcy Title Residential Banks 124

The Close

APRIL 5, 2024

Forewarn can obtain a criminal history, verify current vehicle and property ownership statuses, identify financial risks (like bankruptcy), and provide a complete residential address history for almost 90% of people. Check out our article about 15 Realtor Safety Tips That Could Save Your Life.

Agents 98

Agents Property Management Bankruptcy Design 98

Propmodo

JUNE 19, 2023

There was a great deal of drama attached to the change in ownership of the property, and it all began in October 2021 when owner HNA filed for Chapter 11 bankruptcy protection, a move linked directly to the company’s $2.2 And when one of these properties changes hands, it’s always big news in the commercial real estate investment community.

Bankruptcy 44

Bankruptcy Commercial Finance Industrial 44

HomeLight

OCTOBER 27, 2020

Retirement or brokerage account statements. The lender could also request additional documents if you have special circumstances, such as a past foreclosure or bankruptcy. The problem is, if they haven’t been preapproved, they’re “scrambling to get approved and can miss out on a home because it takes time.”. Don’t let that be you!

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Pre-approval Due diligence Loans Bankruptcy 104

Housing Wire

DECEMBER 23, 2021

StreetEasy has been biting the hand that feeds it for too long,” said Frederick Peters, CEO of New York City brokerage Warburg Realty. CoStar’s actions included collaborating with law enforcement in the Philippines to raid an Xceligent office, and Xceligent eventually fell into bankruptcy. Andy Florance, CEO and founder of CoStar.

Brokerage 321

Brokerage Commercial Residential MLS 321

Miller Samuel INC

JUNE 28, 2020

NYRAC made a strategic error that further damaged the long-term credibility of the real estate brokerage industry with the consumer. I'm testing the platform to spread the word and you can help me by going here and then clicking "follow.". Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. Lesson learned.

Marketing 59

Marketing MLS Bankruptcy Days on market 59

HomeLight

APRIL 29, 2022

Much like other online platforms created in the late 1990s and early 2000s — think Amazon which primarily sold books and Facebook which was only available to college students — what began as a specialized site has grown into something much larger that now includes home loans, closing services, and Zillow Premier Agents. What is Zillow?

Agents 89

Agents Bankruptcy Loans Sales 89

HomeLight

OCTOBER 1, 2020

Last two months of brokerage account statements. Bankruptcy documents. When you’re buying a house, you’re going to come across a lot of terms and phrases that’ll make you scratch your head in confusion. One of those terms is “ clear to close.” Unfortunately, you’re not quite there — yet. Source: (fizkes / Shutterstock). Divorce decree.

Closing 71

Closing Purchase and sale agreement Inspection Loans 71

HomeLight

AUGUST 16, 2021

The mortgage loan process is pretty messy! It’s easy to forget an important document when you’re busy looking at houses and figuring out which one best suits your needs and budget. If you’re a list person, then you appreciate the value of keeping track of your items. Identification. Source: (NATNN / ShutterStock). 1099 forms.

Loans 104

Loans Mortgages Bankruptcy Purchase and sale agreement 104

HomeLight

DECEMBER 30, 2021

Rather, information about the listing is kept within a brokerage, and shared on an individual basis with clients who may be interested. That includes any promotion or advertisement such as flyers, yard signs, or brokerage website displays. A pocket listing in real estate is similar in concept. Source: (Walter Sturn / Unsplash).

MLS 112

MLS Agents Brokerage Bankruptcy 112

The Close

JULY 20, 2020

I have had the honor of being featured on the cover of REALTOR magazine, and also the embarrassment of filing a very public bankruptcy. Each time I failed, I got back up, dusted myself off, and rebuilt myself from the ashes of my mistakes. Learn to Accept Failure. I can tell you from personal experience that failure is part of achievement.

Agents 105

Agents Bankruptcy As-is Development 105

Notorious ROB

DECEMBER 13, 2022

Yes, it’s that time of year again. As always, in advance of my 2023 predictions, I like to grade my 2022 predictions and see just how wrong I was with them. I think it’s gonna be bad news for me, and good news for everyone featured in my 2022 predictions. Here’s where we stand after 12 years: 2010 Predictions: 6 for 10 (.600).

Property Management 74

Property Management Branding MLS Investor 74

Toronto Realty Blog

DECEMBER 19, 2023

It’s just really, really hard to describe an entire year’s blog posts or an entire year’s real estate stories in a standard blog-post length. ” Stories, topics, subjects, themes, issues, or however you wan to define it, but essentially what were the most important and most discussed real estate matters over the last year.

Pre-approval 83

Pre-approval Construction Development Agents 83

App Folio

DECEMBER 18, 2020

What will 2021 bring? To better understand where the real estate industry is headed, we reached out to top thought leaders from residential property management, community associations management, and investment management to learn more about their experiences in 2020 and what they are doing to prepare for the year ahead. . Sean Forster.

Industrial 105

Industrial Property Management Investor Technology 105

HomeLight

JUNE 30, 2021

When the exam is passed, the real estate agent can find a sponsoring broker or a brokerage firm where they can begin working. Making an offer on a house without a Realtor® or a real estate agent is kind of like trying to represent yourself in a court of law — it’s possible, but it’s not a good idea. Source: (KAROLINA GRABOWSKA / kaboompics).

Purchase and sale agreement 78

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 78

GeekEstate

JANUARY 3, 2022

However, bankruptcy filings showing $1.29 Literally, I’ve never fielded so many questions about a single company announcement (the HomeSnap acquisition by CoStar probably rings in second). What’s the future hold for the once-again-a-media portal? 2: MLS Transformation: Even if it’s at a snail’s pace, consolidation is nothing new.

Industrial 117

Industrial Bankruptcy Development MLS 117

Notorious ROB

DECEMBER 19, 2022

Opendoor can try arguing that Opendoor Connect is a licensed real estate brokerage, and its listings are agent listings belonging to the main tab. Welcome to yet another edition of the Seven Predictions, sure to be wrong or your money back. Does not apply to VIP Subscriptions.) Sometimes referred to as grime, drill, jungle, etc.

MLS 79

MLS Agents Pre-approval Brokerage 79

Housing Wire

OCTOBER 10, 2023

For lenders and brokerages, the risks of LOs or agents overstepping are high. A CFPB enforcement action could “force already financially weakened lenders into bankruptcy,” Selden said. More vexing for lenders and brokerages is that RESPA rules remain unclear, despite recent guidance from regulators and the existing consent orders.

Loan Officer 405

Loan Officer Loans Brokerage Mortgages 405

GeekEstate

JANUARY 11, 2021

[Note from the editor: Below is a collection of 2021 predictions and trends sourced from members of the GEM. Originally published privately for members a week ago, but we are sharing them more broadly here. — Drew Meyers ]. A Look Forward to 2021: De-Carbonization Is King. BY DREW MEYERS. Originally Published: January 7th, 2021.

Staging 81

Staging Technology Industrial Brokerage 81

The Close

JULY 23, 2020

If you want to succeed in real estate—or in life, for that matter—then there is one skill above all others that separates the winners from the losers: resilience. If you can’t bounce back quickly from adversity, you’re not getting very far in this industry. When she was younger, Terrica faced the ultimate test of resilience. Homelessness and abuse.

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Agents As-is Development Title 107