Tue.Sep 05, 2023

article thumbnail

Expert Home Price Forecasts Revised Up for 2023

Keeping Current Matters

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

Marketing 263
article thumbnail

Anywhere Real Estate settles buyer broker commission lawsuits

Housing Wire

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.

MLS 421
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Anywhere reaches settlements in landmark commission lawsuits

Real Estate News

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

328
328
article thumbnail

11 Tips for hosting real estate workshops for buyers and sellers 

Housing Wire

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.

Investor 421
article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

article thumbnail

Settle the commissions lawsuits? NAR says no

Real Estate News

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.

295
295
article thumbnail

ICE Mortgage Technology President Tim Bowler on mortgage automation

Housing Wire

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.

More Trending

article thumbnail

CoreLogic and Restb.ai bringing new AI tools to nation’s fourth-largest MLS

Housing Wire

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.

MLS 375
article thumbnail

Anywhere settles bombshell Sitzer and Moehrl commission lawsuits

Inman

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.

MLS 199
article thumbnail

How to account for non-QM market growth

Housing Wire

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.

Marketing 372
article thumbnail

New York City’s strict short-term rental law goes into effect

Inman

New York City's law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, hosts must stay in the unit with their guests.

199
199
article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

article thumbnail

ICE completes $11.9B acquisition of Black Knight 

Housing Wire

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

article thumbnail

New class action suit against Grant Cardone says he misled investors

Inman

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.

Investor 186
article thumbnail

RISMedia Announces 5 ‘Real Estate Rookie of the Year’ Regional Winners

RIS Media

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.

Design 114
article thumbnail

How to generate leads by being authentic and intentional

Inman

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.

Agents 183
article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

article thumbnail

Anywhere Preliminary Settlement Reached in Commission Lawsuits

RIS Media

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.

article thumbnail

Regulators place Porch’s insurance subsidiary under supervision

Inman

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

article thumbnail

Elevate Your Sales Meetings: A Blueprint for Success

RIS Media

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.

Sales 111
article thumbnail

Understand and master new construction to grow your business

Inman

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

article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

article thumbnail

Home Prices Tick Up After Two Months of Declines

RIS Media

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.

article thumbnail

The Beginner’s Guide to Real Estate Development (with LOW Money Down!)

Bigger Pockets

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.

article thumbnail

NAR + Tech. We Fuel the Future

RIS Media

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.

article thumbnail

Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract

Brownstoner

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.

Marketing 101
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

article thumbnail

‘Be an Ally’—Industry Leaders Address Sexual Harassment in Real Estate Head On at RISMedia’s CEO & Leadership Exchange

RIS Media

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 &#

article thumbnail

Zillow Launches 1% Down Program—Could It Help Investors?

Bigger Pockets

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

Investor 115
article thumbnail

Get Ready Financially to Buy a Home With These Tips

Realty Biz

Buying a house is a significant step in anyone's life, often representing a culmination of hard work and financial planning. One crucial aspect of this process is ensuring that your finances secure a mortgage and make the dream of homeownership a reality. We will delve into essential strategies to improve your finances, focusing on utilizing tools like Credit Karma or Credit Sesame to prepare yourself for purchasing a house.

article thumbnail

Daily Links: Epic Fortis-SUNY Cobble Hill Development Deal Never Closed, Now in Lawsuit

Brownstoner

In the News Staking the Future on a Stretch of Sidewalk in Brooklyn [NYT] City’s Airbnb Crackdown Is Starting. Here’s What to Expect [NYT] Brooklyn Waves Goodbye to Summer in a Whirl of Feathers and Flags [NYT] Heat Wave Set to Roast NYC This Week [NYP] Confessions of a Former Landmarks Commission Preservationist [BK Mag] An… Read More > The post Daily Links: Epic Fortis-SUNY Cobble Hill Development Deal Never Closed, Now in Lawsuit appeared first on Brownstoner.

article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

article thumbnail

How to Develop a real estate strategy with the use of Pinterest

Realty Biz

Pinterest is an image-driven platform that inspires users and promotes creativity. With its visual appeal and extensive reach, Pinterest can be an effective tool for real estate professionals looking to showcase properties, highlight interior design ideas, and generate interest in specific neighborhoods or types of properties. Here's how you can develop a real estate strategy using Pinterest: Set Clear Objectives Increase property views.

article thumbnail

Inside a Vineyard Estate in Napa Valley

Sotheby's International Real Estate

Private compounds—in many ways the epitome of consummate custom exclusivity—are rare in any market or locale, ideally affording dazzling scenery, superior amenities, and spaces for everyone to relax, unwind, and enjoy resort-caliber luxuries. Known as Journey Napa Valley, this 56.95-acre compound in the epicenter of California’s famed wine country is just such an escape.

As-is 86
article thumbnail

How homebuying trends feel different across the generations

The American Genius for Real Estate

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

98
article thumbnail

11 Tips for hosting real estate workshops for buyers and sellers 

Real Trends

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.

article thumbnail

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.