Inman
FEBRUARY 10, 2023
Is your desire to grow your business this year? What are you doing right now that your competition isn’t? According to Jimmy Burgess, by focusing on optimizing the efficiencies in your business and serving others with the highest level of service possible, your continued success is inevitable.
Housing Wire
FEBRUARY 10, 2023
Nonbank mortgage lender and servicer Mr. Cooper has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., the company confirmed on Friday. The deal also includes the operations for affiliated company Rushmore Loan Management Services, LLC. “This acquisition will provide us with an asset management platform to raise third-party capital on an ongoing basis from institutional investors who seek exposure to MSRs and other mortgage assets,” Chris
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Real Estate News
FEBRUARY 10, 2023
In football, a competitive drive and strong work ethic are key to success. No wonder players turn to careers in real estate, which requires similar traits.
Housing Wire
FEBRUARY 10, 2023
Nashville, Tennessee-based mortgage lender Guaranty Home Mortgage Corporation (GHMC) has rolled out its new borrower online application portal, GAssist. The portal is designed to offer GHMC partners a “unique borrower online application experience” at no additional costs. The GAssist portal will provide its partners, which include community banks, credit unions, and brokers, with tools that will allow them to better manage borrower expectations, from guided originations to processing
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Real Estate News
FEBRUARY 10, 2023
The latest movers: Joni Shore Group, Robyn + Rachel Group, The Barron Team, The Prince Team.
Housing Wire
FEBRUARY 10, 2023
Beret Kechian, loanDepot ’s top producer and branch manager, is joining a slew of mortgage loan originators who are cautiously optimistic about the mortgage landscape in 2023. Kechian – who was Scotsman Guide ’s eighth top LO in 2021 – saw demand for mortgages triple after the first week of January compared to a month ago as mortgage rates declined and people adjusted to seeing rates at 6%-levels.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 10, 2023
Black Knight has decided to sell its loan origination software business Empower in a bid to save the $13 billion deal with Intercontinental Exchange Inc (ICE), Reuters reported , citing sources familiar with the matter. The Federal Trade Commission (FTC) has been scrutinizing the ICE-Black Knight deal for months amid mounting concerns from U.S. lawmakers and trade groups over antitrust issues.
Inman
FEBRUARY 10, 2023
The largest multiple listing services in one of the nation’s most sought-after home markets is now helping its members market themselves through video.
Housing Wire
FEBRUARY 10, 2023
After a quarter characterized by weakening homebuyer demand and some of the highest mortgage rates seen in decade, it was no surprise that Stewart and First American recorded weaker financial results in the fourth quarter of 2022 compared to the same quarter a year ago. The two Big Four title insurers announced their fourth quarter earnings on Thursday, hosting earnings calls with investors and analysts.
Inman
FEBRUARY 10, 2023
New smart kitchen faucets from companies like Kohler and Moen can be controlled via voice and app on your phone, but are they worth the cost? Smart home expert Brandon Doyle compared two, and his results may surprise you.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Housing Wire
FEBRUARY 10, 2023
The servicing portfolio propelled Mr. Cooper Group ‘s overall earnings in the fourth quarter of 2022 when cost-cutting initiatives weren’t enough to bring the origination business to profitability. And investors can expect the company to keep growing its servicing business in the months to come. Mr. Cooper reported on Friday it delivered $1 million in net income from September to December, compared to $113 million in the third quarter.
Inman
FEBRUARY 10, 2023
After releasing an interconnected series of lead-generation services, Luxury Presence’s latest offering is a wide-ranging package of top-down marketing solutions for brokerages and agents.
Eye on Housing
FEBRUARY 10, 2023
According to the Federal Reserve Board’s January 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the fourth quarter of last year—banks reported weaker demand for residential real estate (RRE) loans, home equity lines of credit (HELOCs), and commercial real estate (CRE) loans. Additionally, credit standards tightened across all categories of mortgage loans.
Inman
FEBRUARY 10, 2023
Nicole Aissa will oversee agent growth and development at Red Oak. She previously worked as an operating principal at Keller Williams.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Sotheby's International Real Estate
FEBRUARY 10, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Potomac, Maryland | TTR Sotheby’s International Realty The mansion was the formal estate of King Hussein and Queen Noor of Jordan. Washington Commanders Owner Lists Potomac, Maryland, Estate for $49 Million – Mansion Global Greenwich Estate That Held Title of America’s Priciest Home Lists – $150M – The Wall Street Journal Showdown of the Super Bowl LVII Cities: Two Must-See Lis
Inman
FEBRUARY 10, 2023
It is the little things that happen every day that cause distrust and the accusation that Realtors are not professional enough. Teresa Boardman designs her dream course for raising the bar.
Toronto Realty Blog
FEBRUARY 10, 2023
TorontoRealtyBlog When was the last time you saw a lawn-sign and it had one of those “SOLD OVER ASKING” riders on the top? I hate those. I always have. As a person who crunches numbers as a form of entertainment, I’ve always maintained, “You can make numbers say anything you want.” I was in a listing presentation in January and the prospective seller asked me, “What is your sale-to-list ratio?
Inman
FEBRUARY 10, 2023
Clever Real Estate finds its leads with extensive content marketing to educate consumers on a vast range of real estate topics.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Maximum Exposure Real Estate
FEBRUARY 10, 2023
Contingent vs. Pending vs. Under Contract One of the questions I often field as a real estate agent from buyers and sellers is the difference between a pending home sale and a contingent home sale. Some will also ask what a contingency means as well. The meaning of contingent is not difficult to understand, but […] The post What is The Difference Between Pending and Contingent?
Inman
FEBRUARY 10, 2023
This week, the Redfin Homebuyer Demand Index, the brokerage's in-house gauge of buyer activity, hit its highest level since September, rising 21 percent from an October low, new data shows.
The Close
FEBRUARY 10, 2023
Many consider Valentine’s Day a “Hallmark” holiday created by greeting card companies to sell more stuff. But I, for one, love sending sweet cards to my favorite people, including past real estate clients and those in my sphere of influence. To me, Valentine’s Day is the perfect time to show your clients how much you care about them and an opportunity to market your services at the same time.
Inman
FEBRUARY 10, 2023
Rising mortgage rates have many lenders looking to sell servicing rights, creating an opportunity for a Dallas-based company that now collects payments on $870 billion in loans.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Broke Agent Media
FEBRUARY 10, 2023
BAM Key Details: Slowing rental rates lead to lower inflation for Gen Z and Millennial renters taking on a new lease, according to a new Redfin report. Gen Z and millennial renters signing a lease in December 2022 saw their costs of goods and services rise 5.6% and 6.1%, respectively, compared to 6.5% for the typical American. The slowdown in rental rates has led to lower inflation for Gen Z and Millennial renters taking on a new lease—for the first time since the end of 2020.
Inman
FEBRUARY 10, 2023
Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Feb. 3-9, 2023.
C4D Crew
FEBRUARY 10, 2023
A pleasant landlord-tenant relationship can make the renting experience more successful for both landlords and tenants, but building and maintaining a positive relationship requires intentional action and a proactive mindset from landlords. It’s not always easy – a recent survey of 1,500 American renters found that only 6 out of 10 renters have a good or excellent relationship with their landlord.
Inman
FEBRUARY 10, 2023
A Connecticut estate made headlines in 2014 when it sold for a then-record $120 million, making it America's priciest home sale at the time. Now its owners are giving it a shot on the market for $30 million more.
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Broke Agent Media
FEBRUARY 10, 2023
BAM Key Details: NAR reported a decline in the share of young adults aged 25 to 34 living with family members to save money—from 17.8% in 2020 to 15.6% in 2022. Living with family members, due to the flexibility of remote work and the high cost of housing, allowed many to pay off debt and save toward a down payment. Millennials and Gen Z who live with their parents still get flack for it, regardless of their reasons.
Inman
FEBRUARY 10, 2023
Move Inc. revenue fell $23 million in Q4, due to a drop in home sales and referral revenue, according to earnings on Thursday. The company confirmed it was in talks with CoStar about a potential sale.
Broke Agent Media
FEBRUARY 10, 2023
BAM Key Details: NAR’s latest quarterly report shows nearly 9 in 10 metro areas experienced home price gains in the fourth quarter of 2022. The national median single-family home price rose 4.0% year over year to $378,700. The monthly mortgage payment on a typical single-family home with a 20% down payment increased by 58% year over year to $1,969.
Inman
FEBRUARY 10, 2023
A highly livable city with space to spread out suddenly becomes attractive to wealthy, out-of-state buyers who can now work remotely and have the purchasing power to snatch up the home that suits them. What will happen to the market in 2023?
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