Keeping Current Matters

NOVEMBER 15, 2023

The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.

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Marketing 291

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). Yun took the stage on Tuesday at NAR NXT , the trade group’s annual conference in Anaheim, California. He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real es

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Sales New Construction Staging Mortgages 458

Real Estate News

NOVEMBER 15, 2023

Willis previously held the top leadership position at Keller Williams Realty from 2005-2015 and had recently rejoined the company in a consulting capacity.

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Housing Wire

NOVEMBER 15, 2023

Providence, Rhode Island-based Citizens Bank , the 28th largest U.S. mortgage lender, has decided to close its wholesale channel, which produced over $1 billion in volume in the first half of this year. “After careful consideration, Citizens has made the difficult decision today to discontinue originations in the mortgage wholesale channel,” Chace Gundlach, senior vice president and national sales director, said in letters sent to broker partners on Tuesday and reviewed by HousingWire.

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Banks Mortgages Finance Brokerage 437

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Agents

Real Estate News

NOVEMBER 15, 2023

Although the jury reached a verdict in the Sitzer/Burnett lawsuit on Oct. 31, post-trial motions will keep any judgment on hold until spring.

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Housing Wire

NOVEMBER 15, 2023

Both purchase and refinance applications increased to their highest weekly pace in five weeks after mortgage rates logged the largest decline in a year. Total home loan applications increased 2.8% for the week ending Nov. 10 compared to the previous week , according to weekly data from the Mortgage Bankers Association (MBA). The 30-year, fixed mortgage rate averaged 7.5%, falling 26 basis points in one week, according to Freddie Mac ‘s Primary Mortgage Market Survey.

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VA loan FHA loan Mortgages Loans 432

Housing Wire

NOVEMBER 15, 2023

Mark Willis, who served as CEO of Keller Williams from 2005 to 2014, has stepped back into the role effective immediately. Marc King will continue to serve as President of Keller Williams. “I am grateful to be back,” Willis told HousingWire in an interview. “With a deep knowledge of our company and our culture, Mark is well-suited to lead us through our next growth phase,” said Gary Keller, co-founder and executive chairman of KW in a statement.

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Brokerage Principal Industrial Agents 431

Inman

NOVEMBER 15, 2023

The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs' attorney said if the trade group doesn't change, it risks an injunction and DOJ wrath.

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MLS Agents 180

Housing Wire

NOVEMBER 15, 2023

Michigan-based United Wholesale Mortgage (UWM) wants to court more brokers by offering no-cost appraisals on 1-0 temporary rate buydowns amid fierce competition in the industry. The wholesale lender will cover up to $600 of the appraisal cost on all conventional and government-backed home loans until March 31 when a broker uses UWM’s 1-0 temporary rate buydown.

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Loans Mortgages Industrial Closing 419

Inman

NOVEMBER 15, 2023

For weeks, the eyes of real estate's agents and leadership were on the Sitzer | Burnett trial. They shared their thoughts and fears as part of Intel's monthly real estate sentiment survey.

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Agents Brokerage 179

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Loans

Housing Wire

NOVEMBER 15, 2023

The economic trifecta of rising interest rates , persistently high home prices and record undersupply is making home buying increasingly challenging. Every loan on your book matters more than ever; the next lead you have is your most important. The current business environment has left originators scratching their heads and trying new things. Luckily, the mortgage industry is cyclical, so let’s take a look at how you can turn a negative into a positive and grab clients’ attention through effecti

Mortgages 416

Mortgages Marketing Agents Industrial 416

Inman

NOVEMBER 15, 2023

Don't be a shrinking violet when it comes to your compensation. Broker Cara Ameer teaches you how to ask for what you're worth and have that tough buyer commission talk.

Brokerage 182

Brokerage Agents 182

Housing Wire

NOVEMBER 15, 2023

Plunk , an AI-powered home analytics platform, announced a proptech partnership with BHR , a housing data aggregator. Through this collaboration, BHR’s RealReports platform will integrate Plunk’s proprietary AI technology, making property data even more accessible to real estate professionals. Property research, comprehensive valuation and remodeling insights will all be available in one place.

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Technology Agents Industrial Marketing 406

Inman

NOVEMBER 15, 2023

The CEO stressed to agents during a keynote address at Compass RETREAT on Tuesday that getting back to basics and forging sincere connections with clients would be the key to surviving and thriving in the current market.

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Agents Marketing Brokerage Technology 166

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Sales

Housing Wire

NOVEMBER 15, 2023

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. Class Valuation acquired the company to bolster its position in the appraisal marketplace further, according to an announcement of the deal.

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Technology Development Residential Mortgages 396

Inman

NOVEMBER 15, 2023

Mark Willis is Keller Williams' new CEO, according to an announcement on Wednesday. Willis' first KW CEO tenure was from 2005 to 2015, and he returned to the company in July as a strategic consultant.

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As-is Brokerage 162

Housing Wire

NOVEMBER 15, 2023

Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs. On average, homebuyers put down 14.7% of the home’s purchase price for a primary home in Q3, up from 13.6% one year ago, according to a Realtor.com report. The median down payment was $30,000 in Q3, up from $27,300 the same quarter a year ago.

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Mortgages Sales As-is Marketing 390

Inman

NOVEMBER 15, 2023

Dwellsy channels rentals from multiple portals, management systems and third-party listing sites across all residential property types and publishes industry trend reports.

Residential 161

Residential Industrial Finance Technology 161

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.

Agents

Housing Wire

NOVEMBER 15, 2023

Stavvy , a fintech firm specializing in digital and remote collaboration for lending and real estate companies, acquired SigniaDocuments, a technology suite from Texas-based lender Evolve Mortgage Services. Terms of the deal were not announced. Stavvy will acquire assets, including eClosing tools, eNote and eVault services, eRegistry capabilities for agency and non-agency loans and SigniaDocuments’ SMART Doc technology – a data-driven electronic document engine.

Technology 380

Technology Lending Loans Title 380

Inman

NOVEMBER 15, 2023

ListAssist and BoxBrownie, as well as Sensor Global and Openn, are attending NXT under the umbrella of NAR Reach Australia-New Zealand, a technology-focused industry advocacy organization and product accelerator.

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Technology Industrial MLS Agents 157

Eye on Housing

NOVEMBER 15, 2023

According to the latest Producer Price Index report, the price level of inputs to residential construction less energy (i.e., building materials) declined 0.1% in October (not seasonally adjusted) following a 0.2% increase in September. The index has increased 1.0%, year-to-date, marking the smallest YTD gain through October since it fell 0.1% over the first 10 months of 2019.

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Construction Residential 124

Inman

NOVEMBER 15, 2023

The industry is still unpacking the Sitzer | Burnett verdict and its impact on commissions, Inman Director of Research Chris LeBarton told Intel. After that, expect even more queries from clients.

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Industrial Brokerage Agents Marketing 155

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.

Agents

RIS Media

NOVEMBER 15, 2023

Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans, according to NAR Chief Economist Lawrence Yun. Yun analyzed the current state of the U.S. residential real estate market and shared his 2024 outlook yesterday during the Residential Economic Issues and Trends Forum at 2023 NAR… The post NAR Forecasts Existing Home Sales Will Rise in 2024 appeared first on RISMedia.

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Sales Residential Mortgages Marketing 122

Inman

NOVEMBER 15, 2023

According to The Agency's Rainy Hake Austin, meeting the challenges of 2024 will require you to get in touch with an essential truth about the real estate business: You've never arrived.

Development 152

Development Brokerage Agents Marketing 152

RIS Media

NOVEMBER 15, 2023

Julie Lurie Warren Broker Associate/COO CENTURY 21 Mack Morris Iris Lurie Marlboro, New Jersey [link] Region served: Monmouth, Middlesex and Ocean Counties Years in real estate: 30 Number of offices: 1 Number of agents: 80 Motto/work philosophy that you live by: Work hard, be a good person and help others. Describe the current consumer-confidence climate… The post Leveraging Opportunity to Create Your Own Business appeared first on RISMedia.

Agents 119

Agents Industrial 119

Inman

NOVEMBER 15, 2023

Join us for an engaging 30-minute webinar, featuring a compelling case study that unveils the transformative impact of a TitleEase franchise in a challenging market. Delve into how this model can be your game-changer, as we explore how diverse strategies and a franchise can elevate your real estate business.

Marketing 145

Marketing 145

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Agents

Bigger Pockets

NOVEMBER 15, 2023

After a whirlwind of struggles throughout the year, some of these high-value commercial properties are facing huge risks that could reshape their markets. See the full list here.

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Commercial Marketing 117

Inman

NOVEMBER 15, 2023

Co-branded ComeHome solution on Ally's website will provide would-be homebuyers with access to listings and loan options and encourage existing homeowners to explore refinancing and HELOCs.

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Mortgages Branding Loans Banks 142

RIS Media

NOVEMBER 15, 2023

Above, from left, Maria Patterson, Rachel McGuire, Kara Stripay, Stacy Cole and Jay Featherston. Photo by Joe Greto Photo Portfolio During its 27th Annual Power Broker Reception & Dinner held in Anaheim, California last night, RISMedia announced its 2023 Real Estate Rookie of the Year winner, Stacy Cole, a REALTORⓇ with Realty Executives Bay Group… The post RISMedia Announces 2023 Rookie of the Year and Industry Award Winners at Annual Power Broker Gala appeared first on RISMedia.

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Industrial 114

Inman

NOVEMBER 15, 2023

"The Wall Street Journal" alleges UWM CEO and Phoenix Suns owner is "charting a risky path in both business and sports," but the Ishbia family is raking in hundreds of millions of dollars in profit even when the company is losing money.

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Mortgages 142

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.

Sales