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eXp Realty makes changes to its executive team

Housing Wire

Sean Murphy is eXp’s new senior vice president of commercial growth, while Nadia Habib was promoted to the role of senior vice president to oversee growth in Canada. The firm’s $143.578 billion in sales volume earned it the No. 3 spot in the rankings. million in 2022.

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University Bank adds four reverse mortgage veterans to its HECM division

Housing Wire

Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development. Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive.

Banks 433
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Brokerage executives double down on their lead generation strategies

Housing Wire

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. Meanwhile, a customer relationship management system, along with experts in marketing, sales and other areas, are designed to support these teams, he said. “If

Brokerage 413
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How High Interest Rates Are Changing Commercial Property Lending

Propmodo

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill. So, how has the industry adapted to this systemic shock?

Lending 113
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Indie brokerage Nationwide Real Estate Executives joins eXp Realty

Housing Wire

In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday. In addition to the brokerage, Owen also owns a property management company, an escrow firm, a commercial real estate arm and a design-and-construction firm.

Brokerage 370
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Judge denies Zillow’s motion for summary judgement in the REX suit

Housing Wire

In regards to REX’s Lanham Act claim, Zillow contended that REX cannot prove that the allegedly false statements in question were made in “commercial advertising or promotion,” and that REX cannot establish injury or damages. REX chose to use Zillow’s services to advertise their for-sale properties on Zillow – for free.

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As the housing market bottoms out, educating the future mortgage pro becomes paramount

Housing Wire

In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. Many Axis trainees come from sales-based careers in hospitality, retail or insurance, which makes it easier to adapt to the mortgage business. According to data from the U.S.

Mortgages 425