Keeping Current Matters

SEPTEMBER 5, 2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.

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Marketing 357

Housing Wire

SEPTEMBER 5, 2023

Real estate giant Anywhere has reached a settlement agreement in two of the major class action antitrust lawsuits facing the housing industry. According to court documents filed on Tuesday, Anywhere Real Estate and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits.

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Real Estate News

SEPTEMBER 5, 2023

The company and plaintiffs informed the judges that a preliminary settlement has been reached, ending two potentially damaging trials for Anywhere.

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Housing Wire

SEPTEMBER 5, 2023

Buying and selling a home can be a confusing, intimidating process. From fine-tuning the initial listing to completing the mountains of paperwork needed for closing , homebuyers and sellers can find themselves juggling a wide range of issues. Real estate professionals can help by hosting educational workshops to help make the transaction easier. Here are 11 tips to make these workshops more effective. 1.

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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.

Development

Real Estate News

SEPTEMBER 5, 2023

After a major real estate company reached a settlement in the Moehrl and Sitzer/Burnett cases, NAR said its commitment to defend itself remains unchanged.

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Housing Wire

SEPTEMBER 5, 2023

Porch Group announced that its insurance subsidiary Homeowners of America (HOA) has been placed under temporary supervision by Texas regulators. The announcement comes in the wake of bankruptcy of allegations of fraudulent activity against reinsurer Vesttoo Ltd , which filed for Chapter 11 bankruptcy protection in August. The supervision order provides the Texas Department of Insurance (TDI) with more visibility and control during uncertain periods and to ensure there are sufficient plans to bu

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Housing Wire

SEPTEMBER 5, 2023

Single-family home building slowed across the country during the second quarter of 2023, thanks to higher mortgage rates , and labor and supply shortages , according to the National Association of Home Builder’s (NAHB) Home Building Geography Index. The HBGI is a quarterly measurement of building conditions across the county. It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros.

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Inman

SEPTEMBER 5, 2023

Realtors are cancelling memberships, hounding local boards and organizing petition drives days after NAR resisted calls Thursday to censure Bob Goldberg for his handling of misconduct claims.

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Housing Wire

SEPTEMBER 5, 2023

Intercontinental Exchange (ICE) completed its acquisition of Black Knight Tuesday, making the combined company the biggest player in the mortgage tech space. I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

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Inman

SEPTEMBER 5, 2023

Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to "change its practices.

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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.

Industrial

Housing Wire

SEPTEMBER 5, 2023

Data giant CoreLogic and real estate computer vision provider Restb.ai are teaming up to provide generative AI tools to First Multiple Listing Service (FMLS), the fourth largest MLS in the country. The tools will be delivered through the CoreLogic suite of MLS solutions, including CoreLogic Matrix and CoreLogic OneHome. The AI tools will help streamline is the listing input process.

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Inman

SEPTEMBER 5, 2023

The lawsuit, filed by the daughter of one of Cardone's previous investors, says he misled his followers by boasting on social media about the potential returns they would see from investing in his real estate fund while downplaying the risks.

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Investor 193

Housing Wire

SEPTEMBER 5, 2023

Despite difficulties in the mortgage market at large, non-QM lenders are seeing growth and opportunity. “The non-QM demand for loans is very healthy,” Acra Lending CEO Keith Lind said. “We are not seeing a similar volume trajectory as the agency market.” Lind is projecting that Acra’s non-QM mortgage originations will increase to about $2.6 billion in 2023, an increase from $2.1 billion last year.

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Inman

SEPTEMBER 5, 2023

Broker-owner Nick Schlekeway writes that the correct habits and systems plus a focus on the follow up will ensure that you're generating and capturing the leads you need.

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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.

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Housing Wire

SEPTEMBER 5, 2023

Intercontinental Exchange (ICE) completed its acquisition of Black Knight in a $11.9 billion deal that dragged on more than a year due to antitrust concerns. It’s now easily the biggest player in the mortgage tech space. “Since our founding over 20 years ago, ICE has steadfastly adhered to our founding principle, demonstrated throughout our history, that applying technological innovation and digitization to traditionally analog businesses can make markets more efficient and transparent for

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Inman

SEPTEMBER 5, 2023

Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co.

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Bigger Pockets

SEPTEMBER 5, 2023

The new program is designed to lower the down payment barrier for homebuyers. We explore the potential impact on real estate investing.

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Inman

SEPTEMBER 5, 2023

Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.

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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.

Agents

Bigger Pockets

SEPTEMBER 5, 2023

Getting into real estate development with low money down!? Many rookies assume that you need more money to develop, but there are a variety of ways to fund these projects.

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Development 131

RIS Media

SEPTEMBER 5, 2023

Designed to honor real estate agents who are new to the business yet achieving extraordinary results, RISMedia’s second annual Real Estate Rookie of the Year award program—sponsored by industry education leader, Colibri Real Estate—has named five real estate professionals as 2023 Regional Rookie of the Year winners. The five Regional Rookie of the Year winners,… The post RISMedia Announces 5 ‘Real Estate Rookie of the Year’ Regional Winners appeared first on RISMedia.

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Eye on Housing

SEPTEMBER 5, 2023

Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro areas. Multifamily market growth also fell in most areas of the country, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).

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RIS Media

SEPTEMBER 5, 2023

The list of defendants in the two most prominent class action lawsuits facing the real estate industry could be shortened by one as a settlement between Anywhere Real Estate and the homesellers suing the company in the Moehrl and Burnett/Sitzer cases is on the table. Though it still needs to be greenlit by the judges… The post Anywhere Preliminary Settlement Reached in Commission Lawsuits appeared first on RISMedia.

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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.

Agents

Brownstoner

SEPTEMBER 5, 2023

This week, a look back at four of our featured listings from six months ago focuses on homes in Bay Ridge, Crown Heights, Flatbush, and Park Slope. How did they fare? Rich with original woodwork, this Bay Ridge row house has a long list of eye-catching original details dating from when… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

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Marketing 105

RIS Media

SEPTEMBER 5, 2023

In the dynamic world of real estate, your sales meetings are more than just gatherings; they are the heartbeat of your team’s success. These meetings should not merely be obligatory gatherings on your team’s calendar. Instead, they should be dynamic, engaging, and most importantly, motivating. A well-crafted sales meeting can breathe new life into your… The post Elevate Your Sales Meetings: A Blueprint for Success appeared first on RISMedia.

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Toronto Realty Blog

SEPTEMBER 5, 2023

TorontoRealtyBlog So, how was your summer? Mine was great. And now it’s over… Sometime around mid-July, I told my wife, “This summer is going by really fast! We’re going to be carving pumpkins before you know it!” I do this to her all the time and she hates it. “Live in the now ,” she tells me. But if I did that, I would lose my best friend in the whole world: anxiety.

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RIS Media

SEPTEMBER 5, 2023

Home prices grew in August, following two months of declines, according to a new report from Realtor.com. Active inventory remained almost 50% below the levels seen in 2017 to 2019, although an increase in newly listed homes provides more options for home shoppers as the fall buying season approaches. Realtor.com’s Monthly Housing Trends Report for… The post Home Prices Tick Up After Two Months of Declines appeared first on RISMedia.

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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.

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Easy Agent Pro

SEPTEMBER 5, 2023

In today’s competitive real estate market , bidding wars have become common. When multiple buyers are vying for the same property, it can be challenging to secure a winning bid. That’s where creative strategies come into play. Here, we’ll explore several novel yet effective ways of outwitting competition and increasing your chances of successful bidding in competitive markets.

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RIS Media

SEPTEMBER 5, 2023

NAR powers innovation in real estate. Through NAR’s Strategic Business, Innovation & Technology (SBIT) group, including its strategic venture arm, Second Century Ventures, we research it, we champion it, we advance it. We support those who are going to change the future of real estate, the way we live and the way REALTORS® work. Leverage… The post NAR + Tech.

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The American Genius for Real Estate

SEPTEMBER 5, 2023

As Gen Z enters homebuying age, a sharp contrast of traits are appearing across different generations - how can Realtors meet them halfway?

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RIS Media

SEPTEMBER 5, 2023

RISMedia Founder and CEO John Featherston addresses the opening session at the CEO & Leadership Exchange. More than 400 real estate professionals gathered Tuesday to hear over 100 brokerage executives and industry experts discuss the most pressing issues in our industry at RISMedia’s 35th Annual CEO & Leadership Exchange, “Defining Your Destiny: Strategies for Success… The post ‘Be an Ally’—Industry Leaders Address Sexual Harassment in Real Estate Head On at RISMedia’s CEO &#

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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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