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CoStar poised to acquire UK-based residential portal OnTheMarket

Housing Wire

CoStar Group , the parent company of real estate data giant CoStar , has made an offer to acquire OnThe Market , the third most visited residential property portal in the United Kingdom. The announcement bolsters the claim that CoStar is “playing for keeps in the residential real estate market.” residential rental platform.

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CoStar Group finds success through the sale of Homes.com memberships

Housing Wire

We believe adding 3D digital twins for Homes.com will increase the leads we deliver, increase customer satisfaction, increase renewal rates, increase sales and increase site traffic further.” In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings. each, representing a value of $2.1

Sales 412
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Planet Home Lending adds new regional sales manager

Housing Wire

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. It’s an opportunity to align with an organization that not only values excellence and innovation in mortgage lending but also deeply invests in the growth and success of its sales professionals.

Lending 420
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DataDigest: Study shows agents are aplenty, most with few or no sales

Housing Wire

It relies on examinations of agents’ sales for five major real estate firms in each of four geographic areas; out of a sample of 2,000 agents, 100 were selected randomly from each firm in each area. To Brobeck, the fact that so many agents rely on residential sales for occasional, marginal or supplemental income is a problem.

Agents 432
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Selling a House ‘As Is’ in Louisiana

HomeLight

As is” is a type of home sale where it’s understood that no improvements will be made to the property. An as-is sale may also indicate that the functionality and longevity of specific home components, such as the water heater or the roof, are in less than perfect condition and may need considerable repair.

As-is 88
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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said.

Sales 458
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Marcus Skenderian Real Estate Group returns to Compass

Housing Wire

The Marcus Skenderian Real Estate Group works across commercial real estate , architecture, construction , development and residential sales. million in sales last year. As part of the move, Skenderian is also opening an office in Laguna Beach, California. In 2023, the team was ranked No. The team recorded $24.1