Mon.Jun 10, 2024

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Two parties appeal final approval of RE/MAX, Keller Williams and Anywhere settlement agreements

Housing Wire

The path forward for the settlement agreements reached by Anywhere , RE/MAX and Keller Williams with the home seller plaintiffs in the commission lawsuits has become a bit murkier. Last week, two parties filed appeals with the Eighth Circuit Court of Appeals that seek to overturn Judge Stephen R. Bough’s May 9 decision to grant final approval of the three settlement agreements.

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Selling Smart: Why a Real Estate Agent Makes All the Difference

Keeping Current Matters

If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress.

Agents 256
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Boomers, millennials locked in ‘showdown’ over housing: Fortune

Housing Wire

As baby boomers increasingly seek to age in place in their own homes — a scenario supported by both the preferences of older homeowners and the realities brought on by elevated mortgage rates — this is clashing with the desires of millennials who wish to enter the housing market, as the combination of limited inventory and high costs are keeping these buyers on the sidelines of the mortgage market.

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MLS PIN to DOJ: Stay out of our settlement

Real Estate News

Attorneys argue that if the federal agency wants to make policy changes, it should do so through the legislature, not an antitrust settlement.

MLS 241
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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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Liberty Reverse parent completes rebrand to Onity Group

Housing Wire

The parent company of top 10 reverse mortgage lender Liberty Reverse Mortgage has completed its shareholder-approved rebranding initiative, transforming the former Ocwen Financial Corp. into The Onity Group. The initiative has also transitioned the company’s New York Stock Exchange (NYSE) ticker symbol to “ONIT” as of the market opening on Monday. “Today marks the start of a new era for our company and signifies our transformation, growth and expansion into a balanced and diversified business,”

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KW tackles commissions questions, tries to calm agent fears

Real Estate News

At a town hall event, Keller Williams leadership addressed agents’ concerns, acknowledged that “change is not comfortable.

Agents 240

More Trending

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Using AI to enhance your client relationships

Real Estate News

Don’t get lost in a sea of tech products. Leveraging AI can solve multiple problems, boost efficiency and improve client experiences, experts say.

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Mortgage veteran Joe Tyrrell named CEO of Optimal Blue

Housing Wire

Mortgage veteran Joe Tyrrell will succeed Scott Smith as CEO of Optimal Blue , the company announced Monday. Tyrrell has more than 25 years of experience in mortgage, finance and technology, serving as president of ICE Mortgage Technology for three years after ICE bought Ellie Mae in 2020. For the past 18 months he has served as the CEO of Medallia , a customer and employee experience company.

Mortgages 330
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MLSs remain valuable tools after the NAR settlement

Inman

As compliance becomes even more top of mind for the industry, Realtracs CEO Stuart White writes, MLSs have an enhanced role as a reliable resource to support professionals in following developing processes and procedures.

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Real estate broker Oren Alexander and brother accused of rape in New York

Housing Wire

Oren Alexander, a top real estate broker and co-founder of the Side-brokered firm Official Partners , along with his twin brother, Alon Alexander, have been accused of raping at least two women in New York. The two lawsuits were filed in March 2024 and were first reported by The Real Deal. The lawsuits filed by Rebecca Mandel and Kate Whiteman claim that the brothers assaulted, battered and raped them in separate incidents in 2010 and 2012, respectively.

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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.

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Lesson Learned: Take your fiduciary responsibility seriously

Inman

Find out how "consummate student" and San Francisco agent Chris Jurach keeps challenging himself to "learn new things, read and listen to books, and gather fresh ideas.

Agents 154
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You Are Prone to Errors—Avoid These 5 Scientifically Proven Mental Traps When Making Investment Decisions

Bigger Pockets

A standard economics textbook depicts humans as rational beings who always employ careful analysis to make the most advantageous decisions based on the costs and benefits of the available options.

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Agents have complicated feelings about NAR, new Intel survey finds

Inman

Agents who rely on NAR primarily to protect their public image are less certain the trade group — which still enjoys broad approval — is a net positive for the industry, according to Intel poll results.

Agents 146
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The 5 Most Expensive Investment Property Losses—Plus Damage Estimates and Mitigation Tips

Bigger Pockets

According to the Insurance Information Institute, about one in 20 insured homes file a claim each year. And while some perils that cause the costliest damage are unavoidable, such as hurricanes, many can be mitigated through proactive measures.

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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.

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Real estate is changing — 3 things you need to focus on today

Inman

Feeling uncertain about buyer agency agreements? It’s natural. Here’s what to expect when presenting one to a new client.

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Hire a Divorce Realtor When Divorcing

Maximum Exposure Real Estate

Do You Know How to Choose Your Realtor When Divorcing? No one gets married expecting a divorce – yet it happens to many people all the same. Your relationship with your spouse has ended, and you need to move on. When you own a house together, this can create some real difficulties. It would be […] The post Hire a Divorce Realtor When Divorcing appeared first on Maximum Real Estate Exposure.

Marketing 106
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Jackson Hole agents brace for impact as key road collapses

Inman

A portion of Teton Pass connecting workers who live in Idaho with the tony tourist town of Jackson, Wyoming, collapsed over the weekend.

Agents 157
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Texas, California, and Florida Lead in Hiring Female Construction Workers

Eye on Housing

In 2022, around 1.29 million women worked in construction in the United States, accounting for 10.97% of the industry, according to the 2022 American Community Survey. Within the construction industry, women are more likely to be found in such occupations as office and administrative support, management, business, and financial operations. Only 2.8% of women in.

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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.

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Oren Alexander accused of sexual assault and rape in NY lawsuits

Inman

The luxury broker and his twin brother, Alon Alexander, have been named in two separate lawsuits filed in New York County Supreme Court. The suits are regarding acts that allegedly took place in 2010 and 2012.

Agents 128
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CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders

RIS Media

Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In an attempt to combat this, the Consumer Financial Protection Bureau (CFPB) is taking aim at so-called mortgage “junk fees” that are often tacked onto closing costs, launching a formal inquiry into the issue, according to… The post CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders appeared first on RISMedia.

Mortgages 103
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Zillow, Redfin, Better seek to grow their mortgage businesses

Inman

Even in a down market, companies can uncover key insights to grow market share, Mike DelPrete writes, as long as they have the cash to invest.

Mortgages 141
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Housing Market Predictions for the Second Half of 2024

Marco Santarelli

The housing market has been a whirlwind in recent years , with skyrocketing prices, bidding wars, and historically low mortgage rates. As we head into the second half of 2024, experts offer a mixed outlook, with some predicting a gradual improvement and others remaining cautious. Here's a breakdown of the key factors that will likely shape the market in the coming months: The Housing Market in the Second Half of 2024: Predictions 1.

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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.

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Avenue 8 co-CEO on brokerage end: ‘We’re going all-in on Sidekick’

Inman

San Francisco's Avenue 8, long a tech-minded independent brokerage, will stop working as a real estate company to focus on its AI brokerage productivity solution, Sidekick.

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Daily Links: Brooklyn Tower, Atlantic Yards Foreclosure Auctions Postponed

Brownstoner

In the News This Old-School Pizzeria Stays Open by Playing Itself on TV [NYT] Orthodox Say Bed Stuy Landmarking Trying to Force Them Out [NYP] Millionaire Banker Allegedly Punched Woman at Brooklyn Pride [NYP] Man Brutally Beaten in Dumbo by Scooter Riding Attacker [Eagle] Thousands Bring Electrifying Energy to Brooklyn Pride [Gay City News] Brooklyn Protesters… Read More > The post Daily Links: Brooklyn Tower, Atlantic Yards Foreclosure Auctions Postponed appeared first on Brownstoner

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14 Cities With the Highest Risk of Storm Damage This Hurricane Season—How Can You Protect Your Property?

Bigger Pockets

Hurricane season has started, and forecasts are not looking good. According to analytics company CoreLogic, more than 32.

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Brokers Strongly Favor Raising Standards for Real Estate Licenses

RIS Media

Between the critics who have promulgated accusations of real estate price-fixing and conspiracy, and the brokers who have long championed industry ethics and practices, there has been little room for agreement. But at least one thing appears to unite these two groups, according to RISMedia’s latest Broker Confidence Index (BCI). The process for agents to… The post Brokers Strongly Favor Raising Standards for Real Estate Licenses appeared first on RISMedia.

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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.

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From renting to owning: 2024’s guide to making the leap

Realty Biz

Thinking about trading your rent checks for mortgage statements in 2024? You’re not alone. As the saying goes, why rent when you can buy? Of course, making the leap from renting to owning isn't just about signing on the dotted line. It's about diving headfirst into a world of home inspections, mortgage rates, and, yes, the notorious paperwork. Fear not, future homeowners - this guide is your trusty sidekick on the road to ownership.

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COURT REPORT: Buyer Copy-Cat Nears Settlement; NAR Addresses ‘Steering’

RIS Media

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Settlements still play a significant role in the landscape of real estate, whether that be the impact of the National Association of REALTOR®’ (NAR) settlement, which claimed this week that its practice changes… The post COURT REPORT: Buyer Copy-Cat Nears Settlement; NAR Addresses ‘Steering’ appeared first on RISMedia.

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Hard Money Lenders Dallas: Top Choices and Alternative Financing Options

HomeLight

Are you looking to fund your next real estate venture in Dallas with a hard money loan? Whether you’re hoping to flip a ranch-style home in Oak Cliff or purchase a townhouse rental in Uptown, hard money lenders in Dallas can provide the flexibility and speed you need. Hard money loans are an alternative financing solution to conventional loans and can be particularly beneficial for those with short project timelines, limited initial capital, or credit issues.

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Two Days Left to Nominate a 2024 Rookie of the Year

RIS Media

If you haven’t already nominated a 2024 Rookie of the Year, you have just two days left! The nomination page will close this Wednesday, June 12 at 11:59 p.m. Nominations may be submitted here. RISMedia’s third-annual Rookie of the Year program, sponsored by industry education leader, Colibri Real Estate, is designed to honor real estate… The post Two Days Left to Nominate a 2024 Rookie of the Year appeared first on RISMedia.

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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.