Housing Wire

JANUARY 26, 2024

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. Our current mortgage finance system does not allow commissions to be plopped on top,” Lamacchia said. If it’s not collusion, then what is it?”

MLS 406

MLS VA loan Agents As-is 406

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. District Court for the Western District of Pennsylvania.

MLS 413

MLS Brokerage Agents Industrial 413

Housing Wire

MARCH 19, 2024

Dual licensing is one of the opportunities being opened to the mortgage industry by the National Association of Realtors ’ (NAR) pending nationwide settlement of commission lawsuits , according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA). In addition, buyers’ agents must have written agreements.

Loan Officer 481

Loan Officer Closing costs Loans Agents 481

Housing Wire

NOVEMBER 3, 2023

that you have to be a Realtor to get access to the Realtor-owned and operated MLS. But it is interesting, among other places, like California, Colorado, Florida, Georgia and South Carolina and, functionally, the state of Washington, you don’t have to be a Realtor to get access to the MLS. It is a sales business,” Stella said. “If

MLS 399

MLS Brokerage Agents Industrial 399

Housing Wire

JANUARY 23, 2024

Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers. It boasts its own in-house digital transaction management platform, a network of agents, in-house title and mortgage services, as well as a 24/7 “concierge” service.

Industrial 367

Industrial Title MLS Technology 367

Housing Wire

OCTOBER 11, 2023

These lawsuits threaten to radically reshape the residential brokerage landscape, and could be the catalyst for a fat decline in the annual commission pool as well as the industry shedding as many as 80% of agents, according to a team of analysts at Keefe Bruyette Woods. A workaround with mortgage? Who’s most exposed?

Agents 463

Agents Purchase and sale agreement Brokerage Finance 463

Housing Wire

AUGUST 2, 2023

Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has acquired Bonzo – a relationship management and mortgage marketing platform. The company has more than 2,000 clients, according to its website.

MLS 370

MLS Brokerage Mortgages Industrial 370

Housing Wire

MARCH 12, 2021

” “The NAR and its MLS partners, which now include Zillow, are allowed to once again close off transparent access to home inventory by entering into agreements among themselves that disadvantage all but their own membership; consumers and competition will suffer,” read the lawsuit. Real Estate Tech Demo Hour.

MLS 465

MLS Brokerage Technology Industrial 465

Housing Wire

OCTOBER 25, 2023

In response, Blefari said that HomeServices does not require agents to become NAR members nor participate in the MLS. “Maybe the local company or the MLS does, but we don’t,” Blefari testified. He refused to provide evidence about the purpose of the rule, but he admitted the rule was a core component of the MLS.

MLS 388

MLS Agents Brokerage As-is 388

Housing Wire

MARCH 20, 2024

Trading volumes in eight residential brokerage or listings companies rocketed up 319% to almost 80 million shares on Friday. In recent years, Zillow also launched segments for rental listings and mortgage origination; it briefly operated an instant buying segment, now shuttered.

Investor 387

Investor Residential Agents MLS 387

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

MLS 292

MLS Brokerage Property Management Agents 292

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. An originator since 1999, Read got his real estate license in 2014 and opened up his real estate brokerage in 2019.

Loan Officer 403

Loan Officer Loans Agents Mortgages 403

Housing Wire

MARCH 31, 2023

In its third year, the 2023 HW Finance Leaders award celebrates the outstanding achievements of the top finance executives in the real estate and mortgage space. As the housing market continues to face volatility, the role of CFO has become increasingly critical.

Finance 315

Finance Principal MLS Property Management 315

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

Lending 452

Lending Technology Mortgages MLS 452

Housing Wire

SEPTEMBER 7, 2023

Some of the nation’s largest real estate brokerages, including Keller Williams, RE/MAX , HomeServices of America as well as the National Association of Realtors , are facing three class action lawsuits (NAR is only named as a defendant in two lawsuits) that could result in the industry paying out tens of billions in damages.

Agents 374

Agents Loan Officer Lending MLS 374

Housing Wire

JULY 5, 2023

Name Job Title Company Name Alex Todak Executive Vice President Kairos Appraisal Services Amit Kulkarni Chief Marketing Officer Bright MLS Amory Wooden Chief Marketing Officer Anywhere Brands Anthony Toro Managing Director Sun West Mortgage Company Brad Sivert CMO, Head of Fintech Marketing Tavant Brian Icenhower Founder and CEO Icenhower Coaching (..)

Marketing 359

Marketing Branding Technology Development 359

The Close

OCTOBER 26, 2023

Opening your own brokerage is a huge milestone in your real estate career. However, if you don’t accurately estimate your real estate brokerage expenses, your startup dream can quickly become a nightmare. In my 28-year career in real estate, I have launched or coached more than 20 startup real estate brokerages.

Brokerage 93

Brokerage Branding Agents As-is 93

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. In fact, 86% of homes that are sold in the US are listed on the MLS.

MLS 384

MLS Residential Technology Agents 384

Housing Wire

MAY 8, 2024

VA policy states that while a veteran is allowed to use a buyer broker to purchase a home using their VA loan benefit, they “may not under any circumstances, be charged a brokerage fee or commission in connection with the services of such individuals.”

VA loan 414

VA loan Loans Industrial Agents 414

Housing Wire

JANUARY 6, 2023

“The December jobs report showed only a gradual deceleration in the pace of job growth and a small decline in the unemployment rate,” Mike Fratantoni, the chief economist and SVP of the Mortgage Bankers’ Association , said in a statement. According to the latest BLS statistics, mortgage banking companies cut 7,200 jobs in November.

Marketing 424

Marketing Residential Construction MLS 424

Housing Wire

MAY 11, 2021

LionDesk, a customer relationship management platform used by more than 165,000 real estate, mortgage and small business agents, will be integrated with Lone Wolf’s agent cloud, broker cloud, and MLS and association cloud technologies, the company said.

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Title Technology Brokerage MLS 346

Housing Wire

AUGUST 1, 2022

Bright MLS. ICE Mortgage Technology. Draper and Kramer Mortgage. RoundPoint Mortgage Servicing Corporation. Atlantic Bay Mortgage Group. Vice President of Brokerage Operations. Branch Manager and SVP of Mortgage Lending. Freedom Mortgage. Association of Independent Mortgage Experts.

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Lending Title Technology Finance 380

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. The GSE’s $8B profit in 2Q could buy most of the brokerage industry. This merger means modernization that advances real estate toward an adaptive, sustainable and connected future.

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Lending Loans Technology Brokerage 324

Housing Wire

FEBRUARY 3, 2023

The pace of job growth had been trending down over the past six months, but January broke that trend,” Mike Fratantoni, the Mortgage Bankers Association ’s SVP, said in a statement. In February 2020, a combined 300,000 were employed in “ real estate credit ” and as mortgage and nonmortgage loan brokers.

Marketing 325

Marketing Residential Construction MLS 325

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Lending 370

Lending Title Mortgages Equity 370

RIS Media

MAY 10, 2021

Buyer brokers help people navigate everything from legal (attorney reviews, required state and federal forms, closing documents) to financial (lenders, mortgage rates and terms, appraisals and inspections) to community (property taxes, public property information, price trends, schools, neighborhoods) aspects of the purchase. MLS system.

MLS 97

MLS Marketing Inspection Brokerage 97

Realty Biz

JANUARY 17, 2023

Here are three key areas of focus to drive business growth in 2023: Increase the value of your brokerage to your agents - With even more pressure on brokerages today , leaders are taking a hard look at t he value their brokerage provides to agents versus the value the brokerage extracts from those same agents.

Brokerage 76

Brokerage Agents MLS Industrial 76

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. Would love for our MLS to not be a part of the organization. NAR is a scam,” one agent wrote.

Purchase and sale agreement 369

Purchase and sale agreement MLS Agents FHA loan 369

Housing Wire

SEPTEMBER 23, 2020

Customers in Atlanta, Phoenix and Tucson who sell their homes via the iBuying solution will work directly with licensed employees of Zillow Homes, its brokerage entity. A Zillow spokesperson told HousingWire that these people are already employed with Zillow, and will be getting real estate licenses.

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Brokerage MLS Title Agents 382

RIS Media

SEPTEMBER 23, 2020

Over the last several years, Zillow has been transitioning from a real estate search portal into a streamlined buying and selling entity that offers iBuying services through Zillow Offers , and mortgage, title and escrow services through Zillow Home Loans and Zillow Closing Services. ” This is a developing story.

Brokerage 112

Brokerage MLS Title Development 112

HomeLight

NOVEMBER 23, 2022

Links and mentions of Arizona flat fee MLS companies in this story do not constitute an endorsement. You may be thinking about whether to use a real estate agent to sell your Arizona home or go the FSBO (for sale by owner) route and use an Arizona flat fee MLS company. What is a flat fee MLS listing service?

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MLS Agents Sales As-is 73

Housing Wire

DECEMBER 6, 2023

This combination is highly effective for agents needing to keep track of the latest MLS listings and manage client relationships efficiently. Along with MLS integration, there are helpful follow-up tools and solutions for automated social media lead generation and multi-channel auto lead nurture.

Agents 357

Agents Brokerage Design MLS 357

Realty Biz

JANUARY 4, 2023

A Real Estate Portal, Multiple Listing System (MLS), or simply marketplace is an online medium where real estate agents list their properties for sale or rent. For matching buyers with sellers by displaying property listings from different brokerages (Zillow, LoopNet, Redfin, CREXi, etc.).

Brokerage 88

Brokerage Development Property Management Agents 88

Housing Wire

JUNE 8, 2022

The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators. Xactus, with its mortgage verification suite, aims to close more loans quickly and enhance profitability. The post Xactus targets lenders through active listing data appeared first on HousingWire.

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Short sale MLS Banks Loans 312

Toronto Realty Blog

AUGUST 25, 2023

In one of our company meetings, an agent was announcing a listing he had and he said to the group, “…and the seller is willing to take back a mortgage if anybody has a buyer who’s interested.” “Vendor take-back mortgages were the norm back in the early-1980’s,” one long-time agent said.

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Mortgages MLS Commercial Banks 83

HomeLight

DECEMBER 15, 2021

But if you don’t know how to buy a house before it’s listed on the MLS (multiple listing service), then you’ll miss out on this chance. How do you buy a house before it’s listed on the MLS? We researched the ins and outs of what you, as a buyer, should know when it comes to purchasing a home before it’s listed on MLS.

MLS 86

MLS Pre-qualification Purchase and sale agreement Agents 86

Realty Biz

AUGUST 23, 2022

Have you heard the term MLS in real estate and wondered what it meant? The multiple listing service or MLS is a way for real estate agents to connect buyers and sellers better. So how does the MLS in real estate work? Let’s examine everything you need to know about the MLS cooperation system. How Does the MLS Work?

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Purchase and sale agreement MLS Brokerage Loan Officer 115