Fri.Mar 31, 2023

article thumbnail

Big Purple Dot integrates with ChatGPT for AI-powered customer support

Housing Wire

The use-cases for AI-powered chatbots just keep growing. Big Purple Dot (BPD), a mortgage and real estate customer relationship management (CRM) and recruiting solutions company in Irvine, California, announced this week the integration of ChatGPT into its CRM ecosystem. According to Big Purple Dot , it is one of the first CRM companies in the mortgage industry to integrate the ChatGPT API into its marketing platform. “We are excited to be one of the first CRM’s in the mortgage and r

article thumbnail

‘Stop arguing and start adjusting’: Agents react to class-action ruling

Inman

From "NAR is toast" to "don't make any rash decisions," real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday.

Agents 152
Insiders

Sign Up for our Newsletter

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

article thumbnail

Introducing the 2023 HW Finance Leaders!

Housing Wire

In its third year, the 2023 HW Finance Leaders award celebrates the outstanding achievements of the top finance executives in the real estate and mortgage space. As the housing market continues to face volatility, the role of CFO has become increasingly critical. These execs have been faced with navigating a complex and rapidly-changing landscape that includes the rollercoaster ride of low inventory, rising mortgage rates and shifting regulations.

Finance 393
article thumbnail

The LA ‘mansion tax’ is coming, sending sellers on a sprint to April 1

Inman

To make their multimillion-dollar properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts.

Marketing 152
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

Massachusetts finally passes RON legislation

Housing Wire

Boston-based Notarize will soon finally be able to execute a digital real estate closing in its home state of Massachusetts. Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth. With Healey’s signature, Massachusetts is now the 43rd state to legalize digital real estate closings, which started with Virginia in 2012.

Closing 382

More Trending

article thumbnail

CFPB issues its final rule on small business lending

Housing Wire

The Consumer Financial Protection Bureau (CFPB) has finalized the rule on small business lending, which fulfills a mandate from Congress and aims to increase transparency while mitigating discrimination. “Lenders will collect and report information about the small business credit applications they receive, including geographic and demographic data, lending decisions, and the price of credit,” the CFPB said in an announcement issued this week about the rule.

Lending 382
article thumbnail

How to make clients love writing reviews (so you can win)

Inman

By keeping your testimonial review system fast, easy to access and uncomplicated, you can give clients ample opportunities and motivation to participate in sharing their experiences.

Branding 152
article thumbnail

MISMO asks for public comment on new servicing transfer catalog

Housing Wire

The Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry’s standards organization, is currently seeking public comment on the latest version of the MISMO Servicing Transfer Catalog (MSTC), according to an announcement on Thursday. According to MISMO , the catalog, which was created through the collaboration of the MISMO Servicing Transfers Development Workgroup , will support the “timely and accurate transfer of residential loan information,&

article thumbnail

What are the different types of real estate agents?

Inman

All real estate agents are not created equal. There are different types of agents just as there are different types of transactions and many different areas of specialization.

Agents 152
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

Luxury Real Estate Headlines: Final Week in March, 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Calonge, Spain | Barcelona & Costa Brava Sotheby’s International Realty The stone-clad Costa Brava home comes with plentiful patio space and a sparkling pool. This Summery Home in Spain Makes Us Want to Put Away Our Puffer Coats for Good – Dwell $12.2M Osterville Home Is the Most Expensive Sale on Cape Cod This Year – Boston Business Journal Golf is Helping Drive the Real Estate

Sales 137
article thumbnail

Great for the growing agent, Trackxi fills niche within transaction management: Tech Review

Inman

Trackxi is an app for managing all the little things that hamper deal progress between signature and closing. It’s not a clinical transaction manager, more of an activity management solution, and it’s very good at it.

Agents 152
article thumbnail

Dream For All

BubbleInfo

The CalHFA Dream For All Shared Appreciation Loan Program is out. It’s a way for buyers to purchase a home with no money down. The State of California has thrown $300 million towards the program, and they will provide a 20% down payment and share the future appreciation.

Loans 105
article thumbnail

A graphic artist’s take on maintaining brand identity

Inman

Cultivate a culture that respects and promotes your brand while helping agents do the same. DOORA Properties creative director Janet Pozos provides her branding best practices.

Branding 152
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

2022 State-Level GDP Data

Eye on Housing

Real gross domestic product (GDP) increased in 42 states and the District of Columbia in 2022 according to the U.S. Bureau of Economic Analysis (BEA). Six states recorded declines while Maryland and New Hampshire reported no change. The percent change in real GDP ranged from 4.9 percent increase in Idaho to 2.4 percent decline in Alaska.

Marketing 107
article thumbnail

Is Homes.com selling your own leads back to you?

Inman

This week, Byron Lazine and Nicole White discuss Homes.com's alleged use of agent names to snag leads, trouble in the commercial real estate industry and the debate around mortgages and affordability.

article thumbnail

Millennials Are (Finally) a Homeowner-Majority Generation

Broke Agent Media

BAM Key Details: A new study by RentCafe shows Millennials have become a homeowner-majority generation, passing the renter-majority torch to “Zoomers.” While Boomers have recently overtaken Millennials as the largest generation of home buyers, the number of Millennial homeowners has grown faster in the past five years than any other generation. Millennials, long dubbed the “generation of renters” have officially become a homeowner majority generation.

Agents 95
article thumbnail

Will migration fizzle out in 2023? History points to existential shift

Inman

The migration trends that drove housing demand during the pandemic are ending. But that doesn't mean people aren't moving, according to an Inman analysis of historic data.

Banks 152
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

Agents, get your sellers ready for the selling 'sweet spot'

Real Estate News

A Realtor.com analysis identified the best time to sell in 2023, and it's just around the corner. The report also said to expect a more typical spring season.

Agents 100
article thumbnail

Keller Williams, NextHome clinch ‘Most Innovative Companies’ list

Inman

Released Wednesday, Fortune's "America's Most Innovative Companies" list features four real estate companies. California-based NextHome led the pack with a product innovation score of 257.

Brokerage 120
article thumbnail

People On the Move at Real, Endpoint, Epique and Howard Hanna

Real Estate News

Alexandra Lumpkin first general counsel at Real, Shawna Hernandez lands COO role at Endpoint, Sam Rodriguez joins Epique board, Kris Burdick promoted at Hanna.

Land 97
article thumbnail

Catch up with Inman’s Top 5 stories of the week, March 24-30, 2023

Inman

Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.

Brokerage 152
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

Crucial Things to Know About Real Estate Auctions

Realty Biz

Have you picked up a local newspaper and noticed ads for property auctions? Has an auction been something you have considered? Some potential home buyers are turning to auctions due to a lack of housing inventory. Choosing an auction for houses can be attractive if you want to save on your next home. But while this can seem like a great way to save money, finding a bargain isn’t as easy as it might appear.

Title 80
article thumbnail

Reality Check: 'Selling Sunset' sells an alternate reality

Real Estate News

Real estate reality TV isn’t exactly real. "The Bachelor" alums Jason and Molly offer their candid feedback on the glamorous and dramatic SoCal reality show.

95
article thumbnail

New Proposed Tax Plan Seeks To Eliminate 1031 Exchanges

Bigger Pockets

President Biden’s proposed Budget for the Fiscal Year 2024 seeks to promote expanded access and improved affordability in healthcare and education while cutting taxes for low-income families and shrinking the deficit, but […]

86
article thumbnail

Canadian furniture retailer Sundays opens showroom in downtown Seattle

Seattle Times Real Estate

Being in downtown Seattle comes with its challenges. but co-founder Barbora Samieian said downtown seems better and livelier than before.

91
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.