Mon.Sep 25, 2023

article thumbnail

MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. The story was first reported by CBS News. MV Realty currently faces lawsuits in multiple states for allegedly misleading consumers and homeowners. In addition, the Florida-based firm has been essentially banned from operating in 14 states through legislation. MV Realty operated in 33 states and has more than 500 real estate agents.

article thumbnail

Beginning with Pre-Approval

Keeping Current Matters

If you’re looking to buy a home this fall, there are a few things you need to know.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Equifax to cut underwriting time with IRIS Software Group 

Housing Wire

Equifax ‘s new product integration with the United Kingdom’s IRIS Software Group aims to cut down underwriting time for mortgage borrowers at small- and medium-sized businesses (SMBs). Equifax’s digital income and employment verification tool – The Work Number – is available to one million additional employees of U.S. SMBs who use IRIS Payroll Relief software, Equifax said in a news release.

HR 451
article thumbnail

What happens to real estate when the government shuts down?

Real Estate News

Housing market impacts could include mortgage delays, declining consumer confidence and — perhaps — a small dip in mortgage rates.

Mortgages 307
article thumbnail

Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

article thumbnail

NAHREP launches National Hispanic Construction Alliance

Housing Wire

The National Association of Hispanic Real Estate Professionals is launching a new trade organization to support Latino construction businesses and workers in building capacity, access to capital and creating business opportunities for its members. The National Hispanic Construction Alliance (NHCA) will be led by veteran construction industry executive George Carrillo as CEO.

More Trending

article thumbnail

Better conducts layoffs just weeks after going public

Housing Wire

Just weeks after New York-based digital lender Better Home & Finance Holding went public , Better issued pink slips to employees in early September in a new round of layoffs, Insider reported. Better laid off about a quarter of its U.S. mortgage sales and origination team, according to the news outlet, citing two former employees who were affected by the latest downsizing.

Title 430
article thumbnail

How luxury agents can tap into the rise of multigenerational living

Inman

Across the real estate sector, multigenerational living has emerged as a beneficial solution for many families. As the older generation ages, they’re cared for by loved ones. Younger generations are supported by their parents in sharing the costs and responsibilities of homeownership, and grandparents are available to help raise grandchildren.

Agents 206
article thumbnail

Student loan payments to resume, will modestly impact mortgages: Moody’s 

Housing Wire

Federal student loan payments resuming on Oct. 1 will negatively affect consumer loan asset quality, including credit card, auto and, to a lesser extent, residential mortgages. However, the overall effect will be modest, according to a Moody’s Analytics report. On Oct. 1, repayments are due to restart on Department of Education (DOE) federal student loans (Direct Student Loans), which began accruing interest again on Sept. 1.

Loans 430
article thumbnail

Why does collaboration matter to real estate right now?

Inman

When we talk about real estate, we talk about people; when we talk about the people in real estate, we talk about collaboration.

199
199
article thumbnail

The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

article thumbnail

LGBTQ+ Real Estate Alliance announces top real estate agents and team

Housing Wire

The LGBTQ+ Real Estate Alliance unveiled its third annual LGBTQ+ Real Estate Top Producers list and recognized 388 individual agents and teams for their 2022 production. This was up from last year’s 251, an increase of 51% more honorees. The ranking, which was created in partnership with RealTrends and supported by Sotheby’s International Realty , is the industry’s only list recognizing top-producing LGBTQ+ and ally members.

Agents 417
article thumbnail

Embattled MV Realty files for bankruptcy amid flood of lawsuits

Inman

The company is currently facing lawsuits from more than a half-dozen states over its allegedly deceptive business practices.

article thumbnail

Curinos partners with Polly on lenders’ workflow optimization

Housing Wire

Data provider Curinos partnered with Polly , a software-as-service mortgage technology firm, aimed to support lenders’ effective margin decisions. By integrating Curinos’ market pricing data into Polly’s cloud-native Product and Pricing Engine (PPE), the partnership will enable mortgage lenders to optimize workflows and positively impact margin management, Curinos said in a news release. “Our partnership will enable clients to seamlessly analyze their market position and

MLS 407
article thumbnail

Housing inventory is low, but there’s a catch

Inman

The 2023 real estate market has been a bit of a conundrum for agents and brokerages. Mortgage rates are high, listing prices are elevated, and housing inventory is limited. Construction of new homes is largely stalled or at least not meeting the high demand, and many homeowners who locked in record-low interest rates during the pandemic simply aren’t willing to leave their homes and sell.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

People on the Move: NAHREP names CEO at new builder org; Real hires finance VP

Real Estate News

George Carrillo will take on the top role at the newly launched National Hispanic Construction Alliance; Ravi Jani joins Real as VP of investor relations.

Finance 144
article thumbnail

Compass’ luxe magazine ‘Curated’ now available in 25 private airports

Inman

The luxury magazine with a distribution of about 35,000 will now be accessible to ultra-high-net-worth clients flying through select private airports in the U.S., the brokerage told Inman exclusively.

Brokerage 195
article thumbnail

Exploring Roles and Responsibilities of Real Estate Agents for Renters

RIS Media

In the world of rental real estate, the roles of various professionals are often delineated based on their specialization. When it comes to the realm of rentals, rental agents and rental REALTORS® play a pivotal role in facilitating the process of finding the perfect rental property. We will provide a comprehensive overview of their responsibilities,… The post Exploring Roles and Responsibilities of Real Estate Agents for Renters appeared first on RISMedia.

Agents 141
article thumbnail

Serious mortgage delinquencies poised to bounce from 17-year low

Inman

Early-stage delinquencies have increased for three months in a row, suggesting that delinquency rates may be nearing a bottom, according to first look at Black Knight Mortgage Monitor report.

Mortgages 193
article thumbnail

Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

article thumbnail

Seattle’s bid to replace downtown retail with housing triggers debate

Seattle Times Real Estate

A controversial city proposal would allow taller apartment towers near Third Avenue and Pine Street in downtown Seattle.

140
140
article thumbnail

Mi casa es su casa

Inman

In honor of National Hispanic Heritage Month, we sat down with Nora Aguirre, affiliated agent of CENTURY 21 Americana, to hear about her empathetic approach to success in Las Vegas real estate.

Agents 190
article thumbnail

Why Built-for-Rent Is a Growing Market Segment

RIS Media

There is good news to be celebrated in the new-home sector. All measures, from new-home sales to housing starts to building permits and housing completions, are up year-over-year. Given the dearth of housing inventory in the existing-home sales sector, this is cause for celebration. Current homeowners are unlikely to ditch their golden handcuffs of low-interest-rate… The post Why Built-for-Rent Is a Growing Market Segment appeared first on RISMedia.

Marketing 132
article thumbnail

Manhattan’s ‘Devil Wears Prada’ townhouse sells for $26.5M

Inman

The seven-bedroom, six-story townhouse on Manhattan's Upper East Side spans 12,000 square feet and was listed for $27.5 million in May.

190
190
article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

article thumbnail

Home Equity: What It Is, How To Calculate, & How To Use It

Bigger Pockets

Your equity should grow the longer you own a property. We'll explain what is home equity and everything you need to know to use it to your advantage.

Equity 131
article thumbnail

AI-powered Realm-X headlines AppFolio’s software updates

Inman

AppFolio's Realm-X uses AI to assist users with a number of critical business tasks, including those primary to any property manager’s to-do list, blanketing steps in leasing, maintenance and accounting.

article thumbnail

Construction Prices are Making BRRRR Investments (and The Home Depot) Deeply Unprofitable

Bigger Pockets

It’s not just you. The cost of construction—be it on rehabs or new builds—has gone through the roof. What does this mean for investors long-term?

article thumbnail

Happy Grasshopper launches new consulting program for agents

Inman

The year-long program includes one-on-one consultations with team members to assess campaign tactics, review metrics and generate ideas to increase response rates and lead generation results.

Agents 190
article thumbnail

The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

article thumbnail

Student Housing Has Remained Resilient and Profitable—So Should You Invest in It?

Bigger Pockets

This type of housing has been a top performer in their markets since before the 2008 recession. They continue to surge today. Should you be investing in them?

Marketing 130
article thumbnail

How to keep social media from becoming all-consuming

Inman

Feel like you have to be everywhere all the time? Studies show too much social media is bad for you. Here’s how indie broker Pam Blair keeps a healthy relationship with her feed.

Agents 187
article thumbnail

Private Debt Funds are Attractive Right Now—But You Must Ask These Questions First

Bigger Pockets

Private debt funds can be a great way to diversify, reduce risk, and earn passive income, but it's critical that you ask these essential questions first.

128
128