Housing Wire

OCTOBER 17, 2023

A friend of mine is a successful real estate professional in a competitive market. We often discuss changing housing market conditions, and the pressure real estate agents are under to stay relevant in the wake of increased competition. He built his business on an existing strong sphere. But as his business has grown, he increasingly has had to adjust and modify legacy strategies to better meet the needs of today’s market and maintain his strong foothold in the market.

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Keeping Current Matters

OCTOBER 17, 2023

In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home.

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Housing Wire

OCTOBER 17, 2023

Whether you’re a seasoned real estate agent looking to expand your reach or a newcomer eager to establish your digital footprint, ahead we delve into the best real estate lead generation websites for 2023. According to the National Association of Realtors (NAR), some 96% of homebuyers use the internet in their home search. Increasingly, real estate agents understand the significance of optimizing their online presence to attract leads.

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Land Brokerage Agents Branding 473

Real Estate News

OCTOBER 17, 2023

On day two of the Sitzer/Burnett trial, the plaintiffs presented opening arguments, while the defense said conspiracy claims are "conjecture.

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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.

Development

Housing Wire

OCTOBER 17, 2023

Mortgage tech firm Blend has launched a lower-cost version of its mortgage suite for retail independent mortgage banks, the company announced this week. This offering, called Blend IMB Essentials, includes many of the same features of its standard offering for mortgage lenders. Blend IMB Essentials will streamline the application process, will facilitate pulling soft credits instead of tri-merge credits during the initial phase of application.

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Loan Officer Loans Banks Mortgages 468

Real Estate News

OCTOBER 17, 2023

Inventory could keep increasing as potential homebuyers ‘hit the brakes’ while mortgage rates remain elevated. Price cuts are also higher than usual.

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Mortgages 328

Real Estate News

OCTOBER 17, 2023

Pre-recorded depositions from Bob Goldberg, Gino Blefari and Gary Keller included tense exchanges about buyer-broker commissions.

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Housing Wire

OCTOBER 17, 2023

As the trial for Sitzer/Burnett, the first of the two bombshell class action buyer broker compensation anti-trust lawsuits, kicks off this week , the real estate industry’s multiple listing services are busy preparing for any and all outcomes. “I think that one of the challenges in this is that there are a lot of possible outcomes,” Denee Evans, the CEO of the Council of MLSs (CMLS), said.

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Real Estate News

OCTOBER 17, 2023

Starting this week, the FHA has tweaked its borrowing rules to promote accessory dwelling units as a way to boost housing inventory and affordability.

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Mortgages 290

Housing Wire

OCTOBER 17, 2023

Verifications provider Argyle announced its integration with Fannie Mae ’s Desktop Underwriter (DU) program on Monday, becoming the first DU-authorized report supplier to offer automated income and employment verification reports based on consumer-permissioned, direct-source data. The integration enables mortgage lenders to use Argyle’s income and employment verification solution to get Day 1 Certainty and relief from representations and warranties on validated data.

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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.

Industrial

Real Estate News

OCTOBER 17, 2023

Rising mortgage rates have hit the construction sector hard, pushing confidence to the lowest level since January.

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Construction Mortgages 289

Housing Wire

OCTOBER 17, 2023

Engel & Völkers is expanding its New England footprint with the addition of one new shop in the Greater Newburyport area, the company announced on Tuesday. Karen Hanson, who opened another Engel & Völkers shop in Cape Ann, Massachusetts five years ago, will lead this new office. It will be her third Engel & Völkers shop, according to the press release. “Newburyport is a thriving community with a unique blend of historic charm and modern amenities,” Hanson, license partner

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Branding As-is Marketing Brokerage 447

Inman

OCTOBER 17, 2023

As the long-awaited commission trial begins, the Kansas City courtroom saw opening arguments followed by testimony from industry heavy-hitters including Gary Keller, NAR CEO Bob Goldberg and HomeServices of America President and CEO Gino Blefari.

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Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless.

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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.

Brokerage

Inman

OCTOBER 17, 2023

Fed's "higher for longer" rate strategy could keep home sales from rebounding in 2024 or limit the strength of a recovery, according to two closely followed forecasts.

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Housing Wire

OCTOBER 17, 2023

The highly anticipated trial of the Sitzer/Burnett buyer broker compensation class action lawsuit kicked off in earnest on Tuesday morning, with opening arguments taking place in the Kansas City courtroom belonging to U.S. District Court Judge Stephen Bough. According to reports from Inman News , the plaintiffs opening arguments leaned heavily on the video depositions of Keller Williams CEO Gary Keller and HomeServices of America CEO Gino Blefari.

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MLS Agents As-is Residential 435

Inman

OCTOBER 17, 2023

In settling with state regulators, the Miami-based electronic payment processor is looking to close the books on a 2021 test that triggered $2.3 billion in erroneous mortgage payments.

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Mortgages Closing Banks 195

Housing Wire

OCTOBER 17, 2023

Selling pre-foreclosure is often the best option for distressed homeowners who don’t qualify for any loss mitigation programs, but those homeowners are understandably hesitant to choose that option and often end up choosing it when time is running out. That makes those homeowners susceptible to predatory behavior by some buyers operating in the pre-foreclosure marketplace, behavior that has been chronicled in several prominent, recent news stories.

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MLS Short sale Equity Banks 435

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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

OCTOBER 17, 2023

The National Association of Realtors, Keller Williams, HomeServices and its subsidiaries BHH Affiliates and HSF Affiliates submitted their trial briefs ahead of the antitrust trial in Kansas City.

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MLS Brokerage Agents 195

Housing Wire

OCTOBER 17, 2023

Home management portals company Milestones and financial fitness platform FinLocker have announced a strategic partnership. The aim of this partnership is to help convert the Finlocker leads into closings by guiding consumers through Milestones’ “ homebuyer hubs.” The second step will be to try and retain those customers in Milestones’ “ homeowner hub.” Finlocker is what one might call a “lead nurture platform,” it assists and engages prospective homebuyers t

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Inman

OCTOBER 17, 2023

Fargo-based agent Kyle Olson lost his father to Alzheimer's in 2018. Since then, Olson has raised more than $40,000 for the Alzheimer's Association through several record-breaking open house events.

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Agents 190

Housing Wire

OCTOBER 17, 2023

Agents are moving between brokerages at a much slower pace than the post-pandemic peak seen in the summer of 2021, according to Relitix’s Agent Movement Index. The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016. The graph above that, on a trailing 12-month basis, mobility hit its 10-year high in June of 2021 at an index value of 109.4.

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Agents Brokerage MLS Development 434

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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

OCTOBER 17, 2023

Folio delivers value as an interactive sidebar within Gmail or Outlook, allowing users to respond to, organize, and take multiple deal actions without leaving their inbox, ensuring people and relevant business content stays tethered to the transaction.

Technology 186

Technology 186

Housing Wire

OCTOBER 17, 2023

Employment data solution firm Truv has a new integration with cloud banking provider nCino. This latest integration will allow lenders who use the nCino Mortgage Suite to benefit from Truv’s ability to instantly verify income and employment for most of the U.S. workforce. It will help mortgage lenders make smoother, faster underwriting decisions, Truv said.

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Mortgages Banks Loans Closing 428

Inman

OCTOBER 17, 2023

Overcoming digital exhaustion and getting a handle on your tech stack may seem like an overwhelming challenge, but it's within your reach. Tech CEO Sheila Reddy offers ideas and strategies to help you get your platforms under control.

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Technology Agents 183

RIS Media

OCTOBER 17, 2023

RE/MAX secured the top spot for real estate franchises in the Franchise Times Top 400 list. This achievement marks the 15th consecutive year RE/MAX has been recognized as the top real estate franchise in the comprehensive list. The Franchise Times Top 400 is an exclusive annual ranking of the largest franchise systems in the United… The post Survey Ranks RE/MAX #1 Real Estate Franchise appeared first on RISMedia.

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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

OCTOBER 17, 2023

When an agent leaves a brokerage or team, is it because the broker-manager or team leader failed the agent? DOORA broker Troy Palmquist shares tips to help you avoid taking an agent loss personally while learning from the experience.

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Agents Brokerage 183

RIS Media

OCTOBER 17, 2023

Renting alone, while often considered unaffordable and unattainable, has actually grown in recent years. Between 2016 and 2021, solo renting grew by about 1 million people, reaching 16.7 million (up 6.7%). RentCafe’s latest report looked at trends in the rental market, specifically surrounding solo renters. The report found that solo renting has become the fastest-rising… The post Solo Renting is on the Rise appeared first on RISMedia.

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Marketing Industrial 127

Inman

OCTOBER 17, 2023

Knowing how you think and where your mental and emotional strengths lie can revolutionize the way you do business. Fiscal fitness experts Amy Chorew and Maeda Palius help you think about how you think so that you can plan better and accomplish more.

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Brokerage Agents 179

Bigger Pockets

OCTOBER 17, 2023

Your first rental property is the hardest; trust us on that. You go through SO many strategies, different markets, and emotions throughout the process.

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Investor Marketing 126

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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.

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