Housing Wire

NOVEMBER 16, 2023

William Shakespeare said it well: “All the world’s a stage, And all the men and women merely players.” I relate, as much of my life and career has been spent in the public eye. From working as a high-profile real estate agent and founding my company The Agency to writing my book “The Dealmaker” and having my own show “Buying Beverly Hills” — as well as having my personal life in the headlines — I’ve had the unique experience of embracing life’s great stage.

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Staging Brokerage Branding Technology 413

Keeping Current Matters

NOVEMBER 16, 2023

If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising.

Mortgages 309

Mortgages Marketing 309

Housing Wire

NOVEMBER 16, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler , CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. This interview has been edited for length and clarity. Sarah Wheeler: UWM develops all their software in-house. What are some of the advantages of that?

Technology 446

Technology Mortgages Development As-is 446

Real Estate News

NOVEMBER 16, 2023

New buyer agency agreements are coming in light of the Sitzer/Burnett verdict, but the focus should be on relationships, eXp’s CEO said in a YouTube broadcast.

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Agents 224

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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

NOVEMBER 16, 2023

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% chance that the Fed will hold interest rates steady in December, according to the CME Group’s FedWatch tool. The 30-year, fixed mortgage averaged at 7.44% as of Nov. 16, according to Freddie Mac ‘s Primary Mortgage Market Survey.

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Mortgages Fixed-rate mortgage MLS Investor 463

Real Estate News

NOVEMBER 16, 2023

As rates decline for a third straight week, mortgage applications have risen, suggesting the possibility of a jump in year-end home sales.

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Mortgages Sales 252

Real Estate News

NOVEMBER 16, 2023

Tom Ferry offers advice on "choosing your hard" and building in time to work on your business.

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Housing Wire

NOVEMBER 16, 2023

ANAHEIM, Calif. — Andy Florance, founder and CEO of CoStar Group , wants to set one thing straight: his company had nothing to do with the commission lawsuits now rocking the real estate world. “We had zero involvement with that lawsuit. We learned about it from NAR long after it started,” Florance said in an interview with HousingWire at the National Association of Realtors NXT convention in Anaheim on Wednesday.

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Agents Industrial As-is Development 446

Inman

NOVEMBER 16, 2023

At a forum for reps of 50 large brokerage firms, The Realty Alliance CEO Craig Cheatham asked why the nearly 1.6 million-member trade group can't use its political influence for an "existential threat.

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Brokerage MLS 194

Housing Wire

NOVEMBER 16, 2023

As copycat commission lawsuits spread across the country in the wake of the Sitzer/Burnett jury verdict, a new demographic of plaintiffs’ attorneys are getting in on the action: so-called “ambulance chasers.” While the plaintiffs in the Moehrl , Sitzer/Burnett and Nosalek lawsuits are all represented by large law firms with class-action experience, the plaintiff in the relatively small Burton suit in South Carolina is represented by attorneys at Knie & Shealy Law Offices in Spar

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Brokerage Commercial Industrial As-is 463

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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

NOVEMBER 16, 2023

As part of his Snapshot series, Brandon Doyle peers into the mind of a distinguished leader who's helped shape the real estate landscape on a global scale: Adam Contos, the former CEO of RE/MAX.

Technology 189

Technology Brokerage Agents 189

Housing Wire

NOVEMBER 16, 2023

CUSO Home Lending rolled out Dark Matter Technologies ’ Empower loan origination system (LOS) for its credit union owners. CUSO Home Lending — a lender owned by Maine credit unions — became the first credit union service organization to leverage Empower’s newly developed joint-venture feature that allows credit unions to offer individualized branding, products and pricing while saving costs under CUSO’s shared services model.

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Lending Technology Loans Branding 413

Inman

NOVEMBER 16, 2023

As we approach the final weeks of 2023, agents are continuing to migrate from legacy brands to low-fee, cloud-based brokerages. Mike DelPrete looks at the numbers and trends.

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Brokerage Agents Branding 182

Housing Wire

NOVEMBER 16, 2023

Nonbank originator Change Lending and the U.S. Department of the Treasury have agreed to settle a lawsuit in which the lender claims “flawed analysis and mathematical errors” led to its decertification as a Community Development Financial Institution (CDFI). The parties announced on Thursday that Change will remain a certified CDFI until the lender’s next application related to the fiscal year 2025 is determined.

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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

NOVEMBER 16, 2023

Local Logic’s tool set for turning granular community data into marketing advantages for real estate agents is now part of a prominent MLS software provider’s value proposition, according to a November 14 press release.

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MLS Agents Marketing Technology 194

Housing Wire

NOVEMBER 16, 2023

The third quarter of 2023 shows significant shifts in the performance of teams reflecting both the decline in housing sales activity and the pressure on margins occurring throughout the brokerage business, according to the Streamlined Quarterly Team Benchmarking Report , which looked at the financial performance of more than 200 teams across the nation.

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Inman

NOVEMBER 16, 2023

If a recession comes, writes Jimmy Burgess, keep in mind that it is not just a time of challenges but also of opportunities. Here he lays out ways to lead gen and lead nurture now.

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Marketing Agents 200

Housing Wire

NOVEMBER 16, 2023

Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a report released Thursday. Fitch said its neutral outlook is underpinned by Fitch’s view that mortgage rates are near peak levels. Although Fitch said it is expecting another 25-basis-point hike to the Federal Funds rate in the coming months, it did say that it’s expecting the first interest rate cut in May 2024.

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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

NOVEMBER 16, 2023

Compass' chief real estate strategist is speaking this week at the brokerage's annual RETREAT on "The Future of the Industry and Client Representation." In a recent conversation with Inman, he shared insights and predictions.

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Brokerage Industrial Agents 186

RIS Media

NOVEMBER 16, 2023

Real estate transactions involve many costs and fees, many of which are due at closing. One such expense that often raises questions among buyers and sellers is real estate transfer taxes. Understanding who pays these taxes and how they work is essential for anyone involved in a real estate deal. We will delve into transfer… The post Who Pays Real Estate Transfer Taxes at Closing?

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Closing Sales Industrial 139

Inman

NOVEMBER 16, 2023

Homebuyers don't just want good rates. They want lenders to solve problems that will keep them from getting to the closing table, J.D. Power finds.

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Mortgages Closing Banks Lending 189

GeekEstate

NOVEMBER 16, 2023

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Rockport] With a focus on serving global financial institutions, Rockport is a provider of a suite of products that caters to the entire lifecycle of CRE, including debt, equity, and technology solutions. Their flagship product, Rockport VAL, employs a modern Cloud First Architecture that delivers cash flow and valuation modeling.

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Commercial Lending Equity Technology 118

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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

NOVEMBER 16, 2023

Through the program, soon-to-be agents will be able to obtain their real estate license while simultaneously learning how to sell in some of the world's most competitive real estate markets.

Agents 189

Agents Marketing Branding Brokerage 189

RIS Media

NOVEMBER 16, 2023

The 30-year fixed-rate mortgage averaged 7.44%, down again from last week’s average of 7.5%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 7.44% as of November 16, 2023, down from last week when it averaged 7.5%. A year ago at this time,… The post Mortgage Rates Trend Down for Third Straight Week appeared first on RISMedia.

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Fixed-rate mortgage Mortgages Marketing Industrial 122

Inman

NOVEMBER 16, 2023

NAR’s 2023 Profile of Home Buyers and Sellers has just been released, and it’s packed with insights that can help you take your business to the next level in 2024. According to trainer Bernice Ross, the most important insights concern your lead generation and lead conversion.

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MLS Agents Marketing 166

RIS Media

NOVEMBER 16, 2023

The recent ruling in the Burnett vs. NAR trial has sent shockwaves through the real estate industry, however its repercussions reach far beyond the courtroom. While in the public eye the verdict may be celebrated as a victory for home sellers and a step towards addressing the contentious issue of agent commissions, there is an… The post The Unintended Consequences of Burnett vs.

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Industrial Agents As-is 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.

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Inman

NOVEMBER 16, 2023

Find out how the MOJO Group founders made the transition to The Agency Salt Lake City and how they're looking to redefine luxury real estate.

Brokerage 178

Brokerage 178

HomeLight

NOVEMBER 16, 2023

In Des Moines, We Buy Houses companies are gaining traction as a viable option for homeowners seeking a quick, hassle-free sale. These companies make all-cash offers for homes that require repairs or updates. This approach is particularly beneficial if you lack the time, resources, or expertise to undertake such renovations. However, the decision to sell your home for cash can arise from urgent or unexpected situations.

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Renovation Closing Sales As-is 110

Inman

NOVEMBER 16, 2023

The council decided to base the increase on inflation data from October 2022 through September 2023 rather than the prior year, which would have resulted in a steeper rent hike, according to the "Los Angeles Daily News.

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HomeLight

NOVEMBER 16, 2023

In Hampton Roads, the real estate landscape is witnessing a growing trend towards We Buy Houses for Cash companies. These firms are known for making all-cash offers on homes, often ones that require a bit of work. For homeowners without the time, money, or expertise for home repairs, opting for a cash sale can be a swift and effective solution to move forward with life’s plans.

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Closing Sales As-is 107

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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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