Housing Wire

JULY 8, 2024

Since launching in late June, Ryan Serhant’s latest reality TV venture “ Owning Manhattan ” on Netflix , has become quite the phenomenon. Despite debuting on June 28, the show cracked Netflix’s top-10 most streamed shows in the U.S. for the week ending on June 30. The show stars Serhant, who is no stranger to reality TV, having spent a decade starring in Million Dollar Listing New York , among other shows, and several of SERHANT.’s agents and team leaders.

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Real Estate News

JULY 8, 2024

Bucking industry trends, consumer sentiment is at the highest level in more than two years, according to Fannie Mae’s latest survey.

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Industrial 279

Housing Wire

JULY 8, 2024

These brokerage firms and leaders are changing the game in real estate. Every year, RealTrends chooses GameChangers based on five-year, transaction side percentage data from the RealTrends Verified 500. This year, we chose seven independent brokerage firms and 10 franchises who grew their businesses at astronomical rates. United Real Estate topped the charts with 727% growth.

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Keeping Current Matters

JULY 8, 2024

Even if you didn't own a home at the time, you probably remember the housing crisis in 2008.

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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

JULY 8, 2024

Despite a spate of reports showing the cost of housing increasing, consumers have a slightly rosier view of future home-price growth. That’s according to a new consumer survey from the Federal Reserve that shows respondents believe that home-price growth will be 3%. That’s down from 3.3% in last month’s survey and back to the 12-month trailing average.

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As-is Marketing 413

Real Estate News

JULY 8, 2024

A status update in the 5-year-old Moehrl case says any objections to the deals must be filed next month, while HomeServices continues to hash out its agreement.

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Brokerage 203

Real Estate News

JULY 8, 2024

Andy Florance told Real Estate News that a former Realtor.com employee is a ‘pawn’ in a broader dispute, and the bigger picture involves global expansion.

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Housing Wire

JULY 8, 2024

In the ever-evolving landscape of mortgage banking, executives face the critical challenge of leading their teams through turbulent times. The current market, characterized by the “higher for longer” scenario, presents unique obstacles: originators grapple with lower production, low housing inventory, and high rates, while operations professionals endure layoffs and relentless pressure to achieve more with less.

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Banks Mortgages Industrial Technology 413

Inman

JULY 8, 2024

Change can be a scary word. For many of us, it conjures the image of something sudden and unexpected, a situation we weren’t prepared to face, an environment we aren’t comfortable with.

Industrial 189

Industrial 189

Housing Wire

JULY 8, 2024

Top-five mortgage lender Newrez , owned by asset manager Rithm Capital , has imposed another round of layoffs affecting 265 employees in Colorado and Arizona, per documents sent to state authorities. That’s the third round this year, following the acquisition of Computershare Mortgage Services and its affiliate Specialized Loan Servicing (SLS ) for $720 million in October 2023, which brought some redundancies to its structures.

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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

Inman

JULY 8, 2024

While traditional models struggle to adapt to changing agent and consumer expectations, Epique Realty is setting new standards with its all-inclusive approach, outpacing both discount and flat fee brokerages in virtually every metric.

Brokerage 182

Brokerage Agents 182

Housing Wire

JULY 8, 2024

At the National Reverse Mortgage Lenders Association (NRMLA) Eastern Regional Meeting in May, Acting Ginnie Mae President Sam Valverde said that the government-owned company planned to release a term sheet for a newly proposed Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program sometime in the next month. After the industry’s secondary market was rocked by the collapse of Reverse Mortgage Funding (RMF) in 2022, Ginnie Mae went to work in an effort to bring more stability to t

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Inman

JULY 8, 2024

Regulators and prosecutors are cracking down on landlords who've been falsifying income and expense data on crucial loan documents, according to a new feature published by "The Wall Street Journal.

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Loans Commercial Finance Mortgages 186

Housing Wire

JULY 8, 2024

An historic home in Chicago ’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. This is according to original reporting by Crain’s Chicago Business and subsequent coverage from The Real Deal (TRD).

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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

Inman

JULY 8, 2024

These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment.

Industrial 182

Industrial Brokerage Agents Mortgages 182

Housing Wire

JULY 8, 2024

The Community Home Lenders of America (CHLA) on Monday submitted a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra , urging the agency to more forcefully go after trigger lead solicitations. To cement the point, CHLA is calling such solicitations “junk calls,” echoing the language of the campaign the Bureau has waged against “junk fees.

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Loan Officer Loans Mortgages Banks 368

Inman

JULY 8, 2024

Find out what NYC associate broker Bill Kowalczuk has learned during his years in the business and what he'd be doing if he weren't in real estate.

Agents 186

Agents 186

Housing Wire

JULY 8, 2024

Real estate technology provider Lone Wolf announced the official launch of its new platform Lone Wolf Foundation on Monday. The firm first announced the creation of the platform at T3 Sixty’s Tech Summit in 2023. According to the company, the platform brings Lone Wolf’s website building capabilities, as well as CRMs , comparative market analyses, open house planning, transaction management, back office work and accounting all into one place.

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Technology MLS Brokerage Agents 250

Advertiser: Trellis

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.

Loans

Inman

JULY 8, 2024

Wealth manager Michael Conticelli writes that agents must understand ownership rights to ensure they are using correct documentation and contracts for legal compliance.

Agents 186

Agents Brokerage 186

RIS Media

JULY 8, 2024

Purchasing a condo is a significant investment. Like any other real estate purchase, it pays to understand what you’re buying. A thorough condo inspection is essential to make a well-informed decision and avoid pitfalls. I will provide you with the following information so you can make an informed decision. I have put tremendous effort into… The post The Importance of Condo Inspections Before Purchase appeared first on RISMedia.

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Inman

JULY 8, 2024

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us.

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Agents Brokerage 178

RIS Media

JULY 8, 2024

At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as quickly as they’d like to consider cutting key interest rates, according to meeting minutes released Wednesday. While the central bank conceded that the economy is showing signs of strength, all 19 FOMC members voted to… The post Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation appeared first on RISMedia.

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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.

Brokerage

Inman

JULY 8, 2024

The owners of the 16th largest MLS in the country plan to sell to a title company executive. But an agent and local leader has received a cease and desist letter over her criticisms of the deal.

MLS 178

MLS Title Agents Equity 178

HomeLight

JULY 8, 2024

Are you eyeing a prime piece of real estate in St. Louis and need quick financing? Whether you’re planning to transform a fixer-upper in Carondelet or invest in a rental property in the Central West End, St. Louis hard money lenders can offer the quick and adaptable financing solution you need. A hard money loan is a versatile option for those who need immediate capital and can be particularly useful for projects with shorter timelines or credit challenges.

Finance 115

Finance Hard money loan Home sale contingency Loans 115

Inman

JULY 8, 2024

Running a team is like leading a family, team leader Carl Medford writes. It takes concerted efforts to keep relationships intact and functioning in a healthy way.

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Brokerage Agents 186

RIS Media

JULY 8, 2024

Above, Danielle Dowell Danielle Dowell grew up in a small Missouri town with dreams of a big-city life. Restless after two years of college, she traveled for a while before settling in Chicago, where the worlds of industry and hospitality combined to inspire her passion for real estate. As a new licensee with Berkshire Hathaway… The post Chicago Team Leader Banks Growth on Custom Service appeared first on RISMedia.

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Banks Industrial Development 116

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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.

Sales

Inman

JULY 8, 2024

Leslie McElwreath shares her insights and experiences for how to win in the demanding yet ever-exciting and rewarding luxury real estate industry.

Industrial 166

Industrial 166

RIS Media

JULY 8, 2024

Consumers warmed a little to the housing market this month as Fannie Mae’s Home Purchase Sentiment Index saw an increase back to the plateau it was set at earlier this year. Fannie Mae’s HPSI increased 3.2 points in June to 72.6, rebounding from the dip seen in May, and is 6.6 points compared to the… The post Housing Sentiment Returns to Plateau from Early 2024 appeared first on RISMedia.

Marketing 128

Marketing As-is Industrial 128

Inman

JULY 8, 2024

Less talk, and more listening. Inman contributing writer Rachael Hite shares the real reason your transactions turn topsy turvy — and why it has everything to do with what's lost in translation.

Brokerage 172

Brokerage Agents 172

HomeLight

JULY 8, 2024

Do you need quick funding for a real estate deal in Kansas City? Whether your goal is to flip a historic home in Westport or invest in rental units in the bustling Crossroads Arts District, hard money loans can provide the necessary capital in no time. Unlike traditional loans, these loans are based on the property’s value after repairs, offering flexibility for various types of investors.

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Finance Hard money loan Home sale contingency Loans 109

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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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