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.

Marketing 282

Marketing 282

Housing Wire

NOVEMBER 15, 2023

Detroit-headquartered lender Rocket Mortgage faces a class-action lawsuit for making repeated, unsolicited telephone calls, violating the Telephone Consumer Protection Act (TCPA). According to the suit filed in the U.S. District Court for the District of Arizona on Tuesday, Kellie Deits – a resident of Arizona — received a call from a Rocket Mortgage representative in April who offered her mortgage products and services she had not requested nor inquired about.

Mortgages 454

Mortgages Residential Industrial As-is 454

Inman

NOVEMBER 15, 2023

Tuesday's big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Fed is done hiking rates and may reverse course in the spring.

Mortgages 174

Mortgages Investor Marketing 174

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

Mortgages 458

Mortgages Sales Brokerage Residential 458

Advertiser: Trellis

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Loans

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 161

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 165

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.

Mortgages 423

Mortgages FHA loan VA loan Loans 423

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 166

Brokerage Agents 166

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 Agents Principal Industrial 428

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Sales

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.

Agents 153

Agents Marketing Brokerage Mortgages 153

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. They might tell you, “Unfortunately, the level of misunderstanding of how agents are paid and the underrated value of their service is out of control.

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MLS Agents Purchase and sale agreement FHA loan 406

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.

As-is 147

As-is Brokerage 147

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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Mortgages Loans Agents Closing 408

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

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 143

Residential Industrial Finance Technology 143

Housing Wire

NOVEMBER 15, 2023

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) managed another solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title II Single Family Mortgage Insurance programs. The FHA’s MMI Fund achieved a capital reserve ratio of 10.51% as of Sept. 30, a year-over-year drop of 0.6% from 2022 , according to FHA’s Annual Report to Congress released on Wednesday.

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Mortgages Loans Equity Title 396

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.

Technology 143

Technology Industrial MLS Agents 143

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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Agents Technology Marketing Industrial 395

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

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.

Industrial 141

Industrial Brokerage Agents Marketing 141

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.

Mortgages 385

Mortgages Residential Technology Development 385

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.

Brokerage 139

Brokerage Agents Development Marketing 139

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.

Mortgages 374

Mortgages Sales Marketing As-is 374

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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.

Agents

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.

Mortgages 135

Mortgages 135

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 367

Mortgages Marketing Agents Loans 367

Inman

NOVEMBER 15, 2023

While a number of companies have emerged to assist agents and their seller clients with renovating or updating a home before introducing it to the market, Sundae built its model on the opposite approach — helping consumers sell homes sell as-is to investors.

As-is 134

As-is Renovation Agents Investor 134

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 336

Technology Mortgages Loans Lending 336

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